the market shows BTC falling below $70,000, currently at $69,991.3, with a 24-hour increase of 1.15%. The market is highly volatile, please manage your risks accordingly.
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BTC falls below $70,000
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YZi Labs: Abnormal activity has been detected on the old official account @BinanceLabs. Please unfollow and avoid interaction.
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Yi Lihua: I suggest CZ provide a better exit mechanism for crypto VCs; active capital is conducive to industry innovation.
Liquid Capital (formerly LD Capital) founder Yi Lihua stated that the biggest problem in the crypto industry in recent years is the decline in innovation. This problem stems from two aspects: first, the previous US government tightened crypto policies, which should be resolved with the passing of the crypto infrastructure bill this time. Second, Binance requires projects to implement a 1+3 year lock-up mechanism for crypto VCs. It is believed that Binance's original intention was good, aiming to cultivate long-term investment thinking. The consequence of this mechanism now is that project teams, market makers, and liquidity providers on trading platforms 'run' first, while VCs gradually lose everything during the long unlocking period. VCs already bear the greatest risk in the primary market but also have to bear the latest exit risk, which is obviously contrary to traditional investment markets. The result is the collective disappearance of crypto VCs, making it difficult for quality entrepreneurs to raise funds and reducing industry innovation. A suggestion to Binance founder CZ is to provide crypto VCs with a better exit mechanism to activate VC capital activity, which will be beneficial to industry innovation and also more favorable for trading platforms to list quality assets. -
Pudgy Penguins launches its 'Club Penguin' moment, and the game doesn't feel like crypto at all
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Nvidia's Huang argues AI creates jobs, not destroys them, in rare official blog post
The Nvidia CEO laid out a five-layer framework for AI infrastructure in his first standalone blog post in months, pushing back against the narrative that AI will destroy jobs.
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Strategy logs record STRC equity issuance on Monday, buys estimated 1,420 bitcoin
The company amended its Omnibus Sales Agreement to allow multiple agents to execute sales of the same security outside regular trading hours.
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Bitcoin climbs to $71,000 as dollar, oil weaken after Trump comments on Iran war
Crypto and risk assets rally as the dollar retreats following comments from Donald Trump suggesting the conflict in Iran may end soon, while bitcoin still faces a broader downtrend.
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The Awakening of Liquidity Sovereignty: How DeFi Matrix DAO and MMT Are Reconstructing the Profit Distribution Layer of Web3
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The Awakening of the On-Chain Capital Market: How DexFV Reconstructs the Underlying Profit Distribution of Web3
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The US spot Ethereum ETF saw a net outflow of $51.26 million yesterday.
according to Trader T monitoring, the US spot Ethereum ETF had a net outflow of $51.26 million yesterday.
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