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Arch Labs raised $7 million in a seed round from Multicoin Capital, OKX Ventures and others.The project is building a Bitcoin-native application platform to bring “bridgeless” trading directly to the Bitcoin blockchain.
Ripple and XRPL Labs joined Hedera developer Swirlds Labs and the Algorand Foundation as founding members of the Decentralized Recovery (DeRec) Alliance. DeRec Alliance aims to standardize and expedite how digital assets can be recovered in the web3 industry, especially for crypto non-experts.
Bitcoin refuses to budge after the latest U.S. macro data, but a six-figure BTC price is waiting the wings, analysis claims.
Ethereum co-founder Joseph Lubin says the SEC is engaging in strategic enforcement action instead of engaging in meaningful discourse with the cryptocurrency industry.
Bitcoin’s volatility persists after the halving, but surging ETF inflows and thriving L2 ecosystem growth fuel long-term optimism.
Bitcoin prices are struggling to stay above the $61,000 mark, according to The Block’s Price Page.On Thursday, the Bank of England kept borrowing costs at their 16-year high but signaled it would cut rates this summer if inflation stayed low.
Robinhood's cryptocurrency trading volume in the first quarter increased by 224% year-on-year, with net profit rising to $157 million; Puffer Finance announced that its mainnet has officially launched; Musk's xAI, under his umbrella, is expected to complete financing this week at a valuation of $18 billion.
- 13:47US Media: Trump plans to issue a memorandum related to trade policy, but will not impose new tariffs on his first day in officeAccording to The Wall Street Journal, U.S. President-elect Donald Trump plans to issue a memorandum on Monday directing federal agencies to study trade policies and assess the United States' trade relations with other countries. However, he will not impose new tariffs on his first day in office, which has caused concern among many trading partners. The presidential memorandum instructs federal agencies to investigate and address persistent trade deficit issues and unfair trade and currency policies of other countries, problems that have long troubled Trump. But the memo itself does not implement any new tariffs, giving markets a temporary sigh of relief as they feared Trump would immediately impose high tariffs. Instead, this trade policy memo indicates that there is still intense debate within the new administration about how to fulfill Trump's campaign promise of generally imposing import tariffs and levying higher tariffs on competitors.
- 13:43LINK short-term breakthrough at 26.5 USDT, 24H increase of 12.42%The market shows that LINK has broken through 26.5 USDT in the short term, currently quoted at 25.82 USDT, with a 24H increase of 11.53%.
- 13:41The Trump family's encryption project WLFI bought $4.7 million worth of WRAPPED TRXAccording to market news, the Trump family's crypto project WLFI has purchased WRAPPED TRX worth 4.7 million US dollars.