Odaily Planet Daily market data shows that PROVE rose above 1.5 USDT and is currently trading at 1.529 USDT.

1. CZ requested the dismissal of FTX Trust’s $1.76 billion lawsuit, claiming the US court had no jurisdiction; 2. Cumberland and Abraxas_Capital have withdrawn over 46,000 ETH cumulatively; 3. BitBridge transforms into a Bitcoin reserve company and plans to launch Bitcoin-based loan products; 4. ABCDE founder Du Jun: Ethereum is expected to rise to $20,000; 5. The Ethereum Foundation announced an update on its expansion progress: the mainnet gas limit has been increased to 45 million, moving towards a higher expansion goal. 6. A whale deposited 1.25 billion PUMP tokens into Kraken, potentially resulting in a loss of nearly $1 million. 7. Arkham: ETFs recently sold BTC, while Bitcoin Treasury companies continued to increase their holdings; 8. Galaxy Digital unstaked 250,000 SOL and transferred them to Binance, valued at approximately $40.7 million. 9. Bitcoin spot ETFs saw a total net outflow of $196 million yesterday, marking the fourth consecutive day of net outflows. 10. Pendle launches the Boros platform, supporting on-chain funding rate trading and hedging.

According to Odaily Planet Daily, BitBridge Capital Strategies will begin trading under the ticker symbol BTTL at the end of the third quarter of this year, with plans to list on the Nasdaq in the future. The company announced its transformation into a financial institution focused on Bitcoin reserves, with the goal of expanding the Bitcoin economy, building a strategic Bitcoin reserve, and thereby driving long-term shareholder value. In addition, BitBridge plans to launch a Bitcoin loan product called Respect Loan, aiming to reshape how the traditional financial system treats Bitcoin-collateralized assets. According to reports, this loan product offers lower interest rates, longer maturities, and the potential to generate sustained annual revenue for the company. (The Block)

According to Odaily Planet Daily, ABCDE co-founder Du Jun stated in a social media post that the three core elements of a public blockchain are decentralization, zero downtime, and security. Currently, no other public blockchain, aside from Bitcoin and Ethereum, can simultaneously meet all three of these requirements. Based on this assessment, he predicts Ethereum's price will rise to $20,000 in the future.

The Ethereum Foundation recently published a blog post updating the progress of its work on “Extending L1”, including the following: Marius van der Wijden joins Ansgar Dietrichs and Tim Beiko to lead L1 expansion; After the Berlinterop test, the Ethereum mainnet gas limit was raised to 45 million, laying the foundation for the future goal of 100 million gas and above. All mainstream execution layer clients have integrated pre-merged history expiration functionality, significantly reducing node disk usage. It is reported that the foundation reorganized its R&D team in June this year and changed its name to "Protocol", focusing on three strategic directions: L1 expansion, Blob expansion and user experience optimization, while taking into account security and decentralization.

According to Odaily Planet Daily, according to THE DATA NERD monitoring, 10 hours ago, Cumberland withdrew 36,918 ETH from Coinbase, worth approximately US$132.86 million; 4 hours ago, Abraxas_Capital continued to withdraw a total of 7,191 ETH from Binance, worth approximately US$25.97 million.