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Pi Network struggles at $0.63 with increasing selling pressure. If $0.61 support holds, a recovery to $0.71 is possible; otherwise, a drop to $0.57 may follow.
SPX6900 is consolidating under $1.20 despite new investor interest. Rising deposits and selling pressure may delay a breakout, but a move past $1.20 could drive the price to $1.40. SPX6900 is consolidating under $1.20 despite new investor interest. Rising deposits and selling pressure may delay a breakout, but a move past $1.20 could drive the price to $1.40.
James Wynn, grappling with a $100 million loss, criticizes Hyperliquid’s referral program and hints at a possible comeback, possibly linked to Binance’s CZ and a new decentralized exchange.
Cardano’s price is under pressure at $0.65, with key resistance at $0.66. If ADA fails to break this level, a decline to $0.60 is possible. Watch for a potential rebound if $0.66 holds.
Spot Ethereum ETFs have recorded a significant $837.5 million in inflows, reflecting strong institutional momentum, though analysts remain cautious about post-upgrade network activity.
- 14:29American Bitcoin shares held by Trump’s second son may be worth up to $367 millionAccording to a report by Jinse Finance, Eric Trump, the second son of President Donald Trump, holds a significant stake in American Bitcoin, a company he co-founded with others in March of this year. According to securities filings submitted on Tuesday, in a planned merger, his stake will be exchanged for approximately 367 million new shares of Gryphon Digital Mining Inc., a Nasdaq-listed company. Gryphon's share price was about $1 on Thursday, so his holdings could be worth $367 million when they are listed in the coming weeks. The merged company will be named American Bitcoin.
- 14:22Bloomberg ETF Analyst: 75% of IBIT Buyers Are New Clients to BlackRockAccording to ChainCatcher, Bloomberg ETF senior analyst Eric Balchunas stated on the X platform that 75% of investors who purchased BlackRock's spot Bitcoin ETF "IBIT" are new clients to BlackRock. Furthermore, 27% of these investors subsequently purchased other iShares ETFs. This represents a significant success for BlackRock.
- 14:12Cryptography Startup TACEO Raises $5.5 Million in Seed Funding with Participation from a16z CSXAccording to ChainCatcher, TFN reports that Austrian crypto technology startup TACEO has completed a $5.5 million seed funding round, led by Archetype VC, with participation from a16z CSX, Cyber.Fund, a_capital, and Polymorphic Capital. The new funds will be used to enhance infrastructure performance and developer tool development, with a focus on expanding privacy-compliant applications in finance, AI, and stablecoin sectors. The company’s core technology, “Private Shared State,” enables collaborative computation on encrypted data among multiple parties, and has already successfully supported biometric authentication for 14 million users in Sam Altman’s World ID project. This technology integrates Multi-Party Computation (MPC) and coSNARKs zero-knowledge proofs, allowing for verification of computational accuracy without exposing raw data.