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Crypto Market Sees Green: Bitcoin Soars to $111,500 and Altcoins ETH, XRP, BNB Enjoy 3-5% Gains Amid Lower US Inflation
The Uniswap Foundation has granted funding to Brevis to develop and implement a "Trustless Routing Rebate Program," offering up to $9 million in gas fee rebates to routers integrating v4 Hook pools. This system will utilize Brevis' ZK Data Coprocessor and Pico zkVM to compute and verify all rebate amounts in a trustless manner, without relying on centralized databases or hidden computation. By providing economic incentives to aggregators, this initiative encourages them to prioritize Hook integration, thereby accelerating the adoption of v4.
- 10:31ETH falls below $3,000Jinse Finance reported that according to market data, ETH has fallen below $3,000 and is now quoted at $2,999.68, with a 24-hour decline of 1.64%. The market is experiencing significant volatility, so please manage your risks accordingly.
- 10:17Beijing Business Today: Crypto Speculators Flock to Social Media PlatformsJinse Finance reported that the Beijing Business Daily Financial Investigation Team published an article titled "The Army of Crypto Traders Floods Social Platforms," pointing out that the phenomenon of crypto trading traffic diversion has infiltrated platforms such as Xiaohongshu, Taobao, and Xianyu. What appears to be lifestyle sharing, newcomer benefits, or product links is actually a means of diverting traffic to crypto trading, brewing a carefully woven trap for ordinary people. In terms of traffic diversion methods, they are roughly divided into several types, such as creating topics to build IP or setting up advertising links on platforms. Industry insiders believe that a "counter-hunt" campaign against crypto trading chaos is also underway, but to completely end this game, it requires joint efforts from regulators, platforms, and users.
- 09:51Alliance DAO co-founder: I don't think L1 tokens are necessarily bad investments, nor would I short them.Jinse Finance reported that QwQiao, co-founder of Alliance DAO, stated in a post that he does not necessarily believe L1 tokens are a bad investment. Of course, he also would not short them. It's just that he cannot convince himself that they are particularly good investments. In a universe with thousands of available assets, you can always find a handful of high-quality assets rated 9/10 to hold. So why bother with assets rated 7/10? He can sleep better at night because every asset he holds has a strong moat, is in an exponentially growing sector, and is reasonably valued. Yesterday, QwQiao also mentioned that it is hard to convince himself to hold L1 tokens for the long term because they lack a "moat."