World Liberty Financial, the Trump-affiliated crypto firm behind the USD1 stablecoin, is preparing to release its first audit and launch a mobile app aimed at retail users. The update was shared by WLF co-founder Zak Folkman on June 25 in…

Trump-backed World Liberty Financial plans USD1 stablecoin audit and new app launch

After suffering a major price crash back during the weekend, the Ethereum 
price has enjoyed an over 10% bounce that has put it back above major support 
levels. However, even with the recovery, the altcoin sits on shaky ground with 
geopolitical and macroeconomic factors still unstable. On the charts, there is 
also uncertainty as the second-largest cryptocurrency by market cap has failed 
to make any definitive moves from here, showing inconsistencies in movement. 
Ethereum Price Struggling At EMA Crypto analyst Swallow Academy noted that the 
Ethereum price has returned to trading at its Exponential Moving Average (EMA) 
earlier in the week after bouncing from its weekend lows. This has been 
referred to as the level of interest and sits around the $2,400 level, which 
has served as major support in the past. Related Reading: Analyst Says XRP Is 
Moving According To Plan, Here’s Why $1.90 Is Important The harsh drop from 
the weekend that pushed ETH from $2,500 to $2,150 has no doubt dented 
sentiment and sparked caution among investors. But the retest of the EMA at 
$2,400 suggests that buyers are still exerting their force and have been 
pushing up the price. Given these recent developments, the crypto analyst 
explains that it is currently a waiting game for the Ethereum price. From 
here, it could go either way, as confirmation is needed for which direction it 
is headed next. A breakout from here could move it back above the $2,800 
resistance. However, a crash could be confirmation of rejection, sending 
Ethereum spiraling back toward lows at $2,000. Mapping Out Next Steps As the 
Ethereum price continues to show signs of continuation, crypto analysts have 
begun to map out where the altcoin might be headed next. Mister Spread pointed 
to the fact that Ethereum had actually shown a bullish Power of 3 (PO3), 
consisting of accumulation, deviation, and expansion. Related Reading: 
Ethereum Price Crash To $2,100 Triggers Fear, But Why Are Analysts Predicting 
A Rally To $6,000? The accumulation phase has been completed, and is now in 
the phase of deviation, explaining the price crash. Now, the price seems to 
already be breaking out of the deviation box, suggesting that the expansion 
phase will be coming sooner than expected. Once the expansion phase is in 
motion, the crypto analyst expects the Ethereum price to move back into the 
supply area of $2,800-$3,000. However, if the price fails to climb and falls 
back below $2,100, then this bullish thesis would be invalidated. Featured 
image from Dall.E, chart from TradingView.com

The Ethereum Waiting Game: Breakout To $2,800 Or Crash To $2,000?

Metaplanet (Tokyo Stock Exchange: 3350 / OTCQX: MTPLF), a publicly listed 
bitcoin treasury company based in Japan, has announced the acquisition of an 
additional 1,234 bitcoin as part of its ongoing Bitcoin Treasury Operations, 
bringing its total holdings to 12,345 BTC. The latest purchase was made at an 
average price of 15,617,281 yen per bitcoin, […]

Metaplanet Acquires Additional 1,234 Bitcoin, Total Holdings Reach 12,345 BTC

World Liberty Financial, the Trump-backed crypto venture, is preparing to 
publish its first stablecoin audit and may enable WLFI token transfers.

Trump-backed World Liberty to release stablecoin audit, make WLFI transferable

Zero-knowledge proofs are a game-changing innovation with profound 
implications for how users transact business, but can they replace the 
conventional contract?

Zero-knowledge proofs, explained

The event was part of Kraneshares’ official launch of an exchange-traded fund 
(ETF) that invests in companies that design and manufacture humanoid robots. 
Humanoid Robot Kicks off Nasdaq Trading The Unitree G1 humanoid became the 
first robot to ring the Nasdaq opening bell on Wednesday to mark the launch of 
a unique ETF called the […]