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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.
- 20:08Trump tariff news shakes markets, U.S. indexes soar, gold sinksGold Finance reports that U.S. White House Press Secretary Levitt confirmed in a press conference that the Trump administration will impose 25% tariffs on Mexican and Canadian goods starting February 1 and denied Reuters' claim that the Mexico-Canada tariffs go into effect on March 1, allowing the two countries to apply for a small number of exemptions. Following the news, the dollar index DXY recovered up to 69 points from its daily low to reach 108.48, and USD/CAD USD/CAD erased its previous losses during the day and turned higher again. Spot gold once dipped to $2,795.34 per ounce. Bitcoin fell below $103,000 per coin during the day, down 1.67% during the day. U.S. and Brent oil narrowed intraday losses, close to flat, at $72.89/barrel and $77.02/barrel, respectively.
- 20:07ETH falls briefly below 3300 USDT, down 0.92% in 24HThe market shows that ETH briefly fell below 3300 USDT and is now at 3299.2 USDT, down 0.92% in 24H.