ETH falls below the $2500 mark

Yuga Labs will need to continue defending its suit against Ryder Ripps, the creator of RR/BAYC.

Bitget AAVE/USDT's perpetual trading volume surged 7 times within 10 minutes, with a turnover of 51.35 million US dollars in the past 24 hours, an increase of 1.11% A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements. According to AiCoin data, the comprehensive ranking of Bitget contracts ranks fourth globally

BlockBeats News: On July 25th, an investment firm led by supporters of US President Trump sued Federal Reserve Chairman Powell and other Fed officials, demanding that the Fed hold a monetary policy meeting in a public manner. In a lawsuit filed on Thursday by American investor James Fishback's Azoria Capital, the FOMC's decades long practice of holding closed door meetings violated government transparency laws. The fund has filed a request with a federal court in Washington for the Federal Reserve to hold a public meeting on July 29-30. The company stated in the lawsuit that 'Azoria is deeply concerned that under Powell's leadership, the FOMC has maintained high interest rates, undermined President Trump and his economic agenda, and harmed American citizens and the US economy.'. (Golden Ten)

BlockBeats reported that on July 25th, according to Whale Alert monitoring, Tether minted 1 billion USDT on the Ethereum network 3 minutes ago.

On July 25th, according to The Block, blockchain analyst ZachXBT stated that since July 17th, a wallet long associated with Ripple co-founder Chris Larsen has transferred 50 million XRP. The wallet appears to have transferred approximately $140 million of the tokens to three addresses related to trading platforms, while another 10 million XRP has been deposited into two newly created wallets. The address controlled by Chris Larsen still holds approximately 2.81 billion XRP, worth around $9 billion. The US SEC previously sued Ripple in 2020, accusing its CEO Brad Garlinghouse of personally cashing out $150 million in XRP over three years. The SEC also stated that Larsen and his spouse sold tokens worth $450 million between 2017 and 2020.