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Bitcoin traders and analysts weigh potential BTC price targets as upside liquidity thickens and crowd sentiment increasingly fears sub-$70,000 levels.
Share link:In this post: A proposal calling for the adoption of XRP as a strategic financial asset has been published on SEC website. The highly ambitious proposal calls for regulatory overhaul for US government to integrate XRP. The proposal is not the SEC official position and has attracted criticisms from some people.
Share link:In this post: According to Aave Labs’ CEO, Aave DAO has reached a consensus to focus solely on the AAVE token, showing no interest in exploring other tokens at this time. The focus will instead explore real-world assets (RWA), but this will not proceed until the DAO finds a suitable approach. The news comes shortly after Aave Labs announced the launch of the RWA product called Horizon, which may include a new token that could allocate 15% of its profits to Aave DAO.
- 21:12Pump.fun and Letsbonk Generate Over $1 Million in Fee Revenue in the Past 24 HoursAccording to Jinse Finance, DefiLlama data shows that Solana ecosystem token issuance platform Pump.fun generated $1.32 million in fee revenue over the past 24 hours, ranking 14th across the network; Letsbonk generated $1.42 million in fee revenue over the past 24 hours, ranking 13th across the network.
- 20:48Ethereum L2 TVL Rises to $41.62 Billion, Up 13.1% in Seven DaysAccording to a report by Jinse Finance, data from L2BEAT shows that the total value locked (TVL) on Ethereum Layer 2 has risen to $41.62 billion, marking a 13.1% increase over the past 7 days. The top five Layer 2 networks by TVL are: Arbitrum One with $17.82 billion, up 13.1% in 7 days; Base with $14.96 billion, up 9.72% in 7 days; OP Mainnet with $3.86 billion, up 13% in 7 days; Unichain with $1.41 billion, up 11.4% in 7 days; and ZKsync Era with $1.14 billion, up 10.7% in 7 days.
- 19:32US Media: Trump Administration Reviews Contracts with Musk’s CompaniesAccording to a report by Jinse Finance, citing US media on the 20th, after the relationship between US President Trump and billionaire Elon Musk broke down, the Trump administration has begun reviewing contracts between Musk’s Space Exploration Technologies Corp. (SpaceX) and various federal government agencies. The Wall Street Journal reported that the US General Services Administration has asked several government agencies, including the Department of Defense and NASA, to fill out forms detailing their cooperation with SpaceX and to assess whether industry competitors could perform the same tasks more efficiently. Preliminary assessments indicate that, due to SpaceX’s dominant position in rocket launches and low-Earth orbit satellite services, most government contracts would be difficult to terminate. Previously, Trump stated on social media that the simplest way to reduce federal spending would be to “terminate” government contracts signed with Musk’s companies. Musk had fully supported Trump in the 2024 US presidential election, but the two have recently had serious disagreements and public disputes over issues such as the “Build Back Better” tax and spending bill.