Avalanche Treasury Company fell 16% on its first day of trading on NASDAQ

Shadow market trading shows SpaceX's valuation reaching $2.4 trillion, an increase of over 35% from its IPO price of $135 per share and valuation of $1.77 trillion. The trading price of SpaceX perpetual futures contract on Hyperliquid is about $174, with a market value of over $2.2 trillion. The trading volume in the past 24 hours has exceeded $143 million, and the open interest contracts have exceeded $208 million.

Zcash core developer Sean Bowe stated that protocol developers from various organizations have reached an agreement on Ironwood specifications and implementation details, including disabling Orchard pool bundling in Coinbase, using anchors as authentication data for hardware wallet migration, and the processing order of ZIP and specifications. The Ironwood circuit and ZIP 2005 integration draft are currently under review, and Valar Group has set up a testing network and completed some wallet side changes. Formal verification work continues to advance, and developers will determine the final verification strategy tomorrow. Three mainstream audit firms are conducting security audits on Orchard, with multiple AI audit tools running simultaneously.

European Central Bank Managing Director Kaasik stated that the main reason for the interest rate hike is the worrying surge in inflation, and it is currently difficult to say when the next rate hike by the European Central Bank will come.

A de-escalation in the Iran conflict pulled oil lower and sent global stocks higher, lifting crypto out of a wildly volatile seven days.

The European Central Bank's Managing Director Dorenc stated that the current rate hike can only keep up with the baseline level.