BTC (-2.10% | Current Price 115,947 USDT): BTC has dropped approximately 2.10% in the past 24 hours, forming a bearish candlestick pattern, with the lower shadow indicating limited buying support at lower levels. Technical analysis shows that lower highs and lower lows confirm a downward trend, with selling pressure dominating. On July 31, BTC ETF saw an outflow of 114 million USD, with IBIT inflowing 18.6 million USD and FBTC outflowing 53.6 million USD.
ETH (-3.79% | Current Price 3,715 USDT): ETH's price has decreased by about 3.79% in the past 24 hours, with an RSI of 69.8, nearing overbought territory, suggesting a potential short-term correction. The price has formed lower highs and lower lows, reflecting a bearish market, with the support level at 3,600 USDT likely to be tested. On July 31, ETH ETF saw an inflow of 17 million USD, with BlackRock ETHA inflowing 18.2 million USD and Fidelity FETH inflowing 5.6 million USD.
Altcoins: In the past 24 hours, altcoins have shown a downward trend. The Fear and Greed Index today reports a value of 65, indicating a decrease in investor optimism towards the market.
Macro: On July 31, the S&P 500 index fell by 0.37%, closing at 6,339.39 points; the Dow Jones index dropped by 0.74%, closing at 44,130.98 points; the Nasdaq index decreased by 0.03%, closing at 21,122.45 points. As of August 1, 11:00 (UTC+8), the spot price of gold is reported at 3,289 USD per ounce, with a 24-hour decline of 0.03%.
According to Gate's market data, the current price of M token is 0.390 USD, with a 24-hour increase of 18.11%.
MemeCore is a public blockchain (Layer 1) compatible with the Ethereum Virtual Machine (EVM), using an innovative "Meme Consensus Mechanism (PoM)" to maintain network security. Users can delegate their meme coins to nodes for staking in a multi-chain environment, enhancing network stability and earning dual block rewards. MemeCore is designed specifically for the meme coin ecosystem, with its mainnet officially launched on February 12, 2025. Its goal is to create a playground for the community to collaboratively build the future of Web3 through memes and decentralized applications.
The price increase of M in the past 24 hours may be related to several factors. Firstly, M's listing on mainstream exchanges has enhanced the token's visibility and accessibility, attracting more investors and increasing trading volume. Secondly, MemeCore announced its entry into the South Korean market through the acquisition of a KOSDAQ-listed company, a strategic move that may boost investor confidence and expand market coverage.
According to Gate's market data, the current price of IOTX token is 0.292 USD, with a 24-hour increase of 8.89%.
The IoTeX platform, established in 2017, is an open-source blockchain project built for Internet of Things (IoT) applications. The project's goal is to create a network where "people and machines can interact in a privacy-preserving, trustless environment." Additionally, the IoTeX ecosystem includes blockchain technology with secure hardware and computing, enabling "trusted data from trusted devices" to be used in decentralized applications.
The price increase of IOTX in the past 24 hours is primarily due to a tweet from its official X account. The tweet stated that the White House released its digital asset report under Executive Order 14178, which explicitly mentioned DePIN for the first time. Earlier this year, IoTeX visited Washington, D.C., to meet directly with lawmakers, showcasing actual hardware and explaining the importance of DePIN. DePIN is rapidly developing, with annual revenues exceeding 250 million USD, generating significant real-world impact, but still requires clear regulatory support. The crypto industry has finally gained momentum in Washington, and now is the time for further advancement.
According to Gate's market data, the current price of TFUEL token is 0.039 USD, with a 24-hour increase of 5.24%.
Theta is a "dual network" composed of two complementary subsystems: the Theta blockchain and the Theta Edge Network. The Theta blockchain, based on proof-of-stake, provides payment, rewards, staking, and smart contract functionalities, while the Edge Network is responsible for computing, storage, and transmission for video streaming, AI tasks, and other scientific, simulation, and financial modeling use cases. There are two native cryptocurrencies on the Theta blockchain: THETA, used as a staking and governance token; and TFUEL, used as fuel for all transactions and on-chain smart contract interactions.
The price increase of TFUEL in the past 24 hours is mainly driven by the development of the Theta network ecosystem. The full launch of Theta EdgeCloud has enhanced network capabilities, attracting more users and developers, which may increase the demand for TFUEL.
The Ethereum Foundation (EF) today published an article titled "lean Ethereum," written by EF researcher Justin Drake, outlining the development vision for Ethereum over the next decade. The main goals of this vision include: expanding the base layer transaction count (TPS) to 10,000 per second, scaling the second layer network to 1 million TPS, while maintaining decentralization and 100% uptime. Additionally, Ethereum will undergo significant upgrades in the consensus layer, data layer, and execution layer, including upgrading the beacon chain to version 2.0, introducing post-quantum era block 2.0, and potentially building EVM 2.0 based on the open-source RISC-V instruction set. In terms of cryptography, the system will rely entirely on hash-based signatures, hash root data commitments, and native hash zero-knowledge virtual machines to achieve quantum resistance.
The "lean Ethereum" vision proposed by the Ethereum Foundation marks a profound strategic layout in the field of blockchain technology, aiming to build an efficient, scalable global distributed computing platform for the next decade by significantly enhancing transaction processing capabilities, strengthening decentralization features, and ensuring quantum security. This plan demonstrates Ethereum's firm commitment to technological innovation and ecological sustainability through comprehensive upgrades to consensus mechanisms, data storage, and execution environments.
SEC Chairman Paul Atkins recently delivered a speech announcing the launch of a committee-level initiative called "Project Crypto," aimed at modernizing securities regulations to promote on-chain transformation in the U.S. financial markets, responding to President Trump's vision of making the U.S. a "global crypto hub." The plan will focus on bringing crypto asset issuance back to the U.S., establishing clear and concise rules for the issuance, custody, and trading of crypto assets, and updating existing regulations to accommodate on-chain software systems. Atkins stated that the plan will also allow market participants to innovate through "super apps," providing a one-stop, single-license platform for various products and services, and exploring innovative exemptions to encourage emerging business models.
The launch of the SEC "Project Crypto" initiative marks a significant policy shift by U.S. regulators in the field of blockchain and crypto assets, aiming to facilitate the on-chain transformation of financial markets through modernized securities regulations and enhance the competitiveness of the U.S. as a global center for crypto innovation. The plan aims to provide a more favorable regulatory environment for the crypto asset industry by establishing clear rules for issuance and trading, promoting innovative exemptions, and supporting the "super app" model. Looking ahead, this move is expected to attract more crypto asset-related businesses back to the U.S., promoting deep integration between fintech and traditional finance, and supporting the global promotion of emerging business models.
The Ethereum infrastructure protocol Puffer Finance announced that Puffer UniFi AVS has been upgraded. Puffer UniFi AVS is built on EigenLayer and is backed by over 13 billion USD in re-staked ETH, providing sub-second execution speed and economic consistency for Rollups through validator-supported gateways and real-time pre-confirmations. Puffer UniFi AVS offers: L2 execution presets, millisecond-level transactions, achieving high throughput and economic coordination between Rollup owners and Ethereum proposers.
The upgrade of UniFi AVS by Puffer Finance marks a significant breakthrough in performance and security for Ethereum's Layer 2 solutions, significantly enhancing Rollup transaction speed and economic coordination by integrating re-staking mechanisms with efficient validation gateways, providing better infrastructure support for decentralized applications. This upgrade showcases the ongoing innovation in scalability and user experience optimization within the Ethereum ecosystem. Looking ahead, the enhanced capabilities of Puffer UniFi AVS are expected to promote the widespread adoption of high-throughput, low-latency on-chain applications, further solidifying Ethereum's leading position in the blockchain technology field and providing technical support for diverse decentralized finance and business scenarios.
Related: Tether reports a profit of 4.9 billion USD in Q2, as stablecoins enter the mainstream.
Original: “Ethereum Foundation Outlines 10-Year Vision | SEC Announces Launch of 'Project Crypto' Initiative”
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
