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Bitcoin stabilizes at $66K as SIREN jumps and PI rebounds

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Bitcoin, Ether drop as war tensions shake markets

Bitcoin held above $66,000 through most of the weekend, even as some traders expected sharper moves. 

Summary

  • Bitcoin stayed above $66,000 for 36 hours after rebounding from Friday’s four-week low near $65,500.
  • Major altcoins showed limited movement, while Bitcoin dominance slipped to 56% and market cap stalled.
  • SIREN surged 13% to $1.80, while PI rebounded above $0.18 after recent weakness.

The steady action followed a volatile week that pushed the asset from near $72,000 to a four-week low before it recovered.

Most large-cap altcoins tracked Bitcoin’s calmer pace. Ethereum, XRP, Solana, and BNB posted only small moves, while a few smaller tokens recorded wider swings.

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Bitcoin entered the weekend after several quick moves during the week. It traded above $70,000 last weekend, then dropped toward $67,500 on Monday as broader market tension returned.

The asset then climbed close to $72,000 after US President Donald Trump said the United States had reached a “de-escalation deal” with Iran. That move faded after Iran denied the claim, which pushed Bitcoin back toward $69,000.

Buyers lifted Bitcoin again to the $72,000 area on Wednesday morning. That rebound did not last, and another rejection followed later in the week.

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By Friday, Bitcoin had fallen to around $65,500, its lowest level in four weeks. It then recovered and stayed above $66,000 for roughly 36 hours, showing a more stable pattern than some weekend forecasts had suggested.

Market cap and dominance stay under pressure

Despite the recovery from Friday’s low, Bitcoin’s market capitalization remained near $1.330 trillion. Its share of the total crypto market also slipped, with dominance standing at 56% on CoinGecko data.

The broader crypto market showed little change during the same period. Total market capitalization stayed near $2.370 trillion, which pointed to a pause in momentum across major digital assets.

Large-cap altcoins mostly moved in a narrow range. ETH, XRP, SOL, and DOGE posted small losses, while BNB, TRX, BCH, XMR, and HYPE recorded modest gains.

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That price action suggested traders remained cautious after the earlier swings. The market did not show strong follow-through in either direction by Sunday.

SIREN surges while PI posts a modest rebound

Among smaller tokens, SIREN remained one of the most active names. The token gained another 13% over the past 24 hours and traded around $1.80.

Its recent trading range has been wide. SIREN had climbed to $3.60 earlier in the week before falling to $1.00, then rebounding again over the following days.

Pi Network’s PI token also moved higher, though at a slower pace. It rose more than 3% on the day and traded near $0.18 after slipping below $0.175.

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

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Crypto World

Linea Ends Direct EVM Arithmetization, Moves to RISC-V to Match Ethereum’s Proving Roadmap

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Brian Armstrong's Bold Prediction: AI Agents Will Soon Dominate Global Financial

TLDR:

  • Linea’s shift to RISC-V reduces instruction complexity from EVM’s full opcode set to roughly 40 instructions.
  • Every Ethereum hard fork previously forced complete rewrites of Linea’s ZK constraint modules under the old system.
  • RISC-V enables Type-1 Ethereum compatibility automatically through standard compiler tooling, replacing manual constraint work.
  • Linea retains zkC, Vortex, and Arcane in the new stack, preserving years of cryptographic research and production experience.

Linea, the Ethereum Layer 2 network developed by ConsenSys, is transitioning from direct EVM arithmetization to a RISC-V-based proving architecture.

The team spent three years building one of the most rigorous ZK proving systems in production. That work produced a 1,000-page specification that became an ecosystem reference.

However, the approach created maintenance challenges that slowed progress. The move to RISC-V marks a strategic reset focused on performance, modularity, and Ethereum alignment.

A Simpler Instruction Set Changes Everything

The EVM operates with a complex, dynamic state model that is difficult to translate into mathematical constraints. RISC-V, by contrast, offers approximately 40 instructions and 32 registers.

That simplicity makes traces narrower and allows the prover to start working on proof chunks immediately. The performance gains are structural, not incremental.

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Every Ethereum hard fork previously required complete rewrites of Linea’s constraint modules. That maintenance burden consumed significant research capacity.

The team was managing complexity instead of advancing cryptographic performance. Switching to RISC-V removes that cycle entirely.

Type-1 Ethereum compatibility was another major obstacle under the old architecture. Achieving it required implementing Keccak, RLP, and the Merkle Patricia Trie manually inside constraints.

With RISC-V, a standard EVM client compiles directly to a RISC-V binary, and the compiler handles compatibility automatically.

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Linea’s cryptographic researcher Alexandre Belling presented the transition at the eth_proofs conference. As Linea posted on X, the team is moving toward “true modularity,” where every layer can be independently benchmarked, audited, or replaced. That was not achievable with the tightly coupled system previously in use.

The Ethereum Foundation has also committed to RISC-V as part of its proving layer roadmap. Linea cited this as a deciding factor. Continuing on the previous path would have meant diverging from Ethereum’s long-term technical direction.

What Carries Forward Into the New Stack

Linea is not discarding years of work. The team’s constraint-native language, zkC, will be used to write the RISC-V virtual machine. Vortex and Arcane, which handle proving and aggregation, are architecture-independent and transfer directly.

Formal verification is being built into the new system from the start. Constraints are being designed for export to tools like Lean. That approach makes the stack auditable by a much wider audience than before.

Linea also retains full-stack ownership across its infrastructure. That includes the Besu execution client, the Maru consensus layer, the ZK prover, and the gateway. No critical third-party dependencies exist in the architecture.

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As Linea noted in a follow-up post on X, direct EVM arithmetization was “difficult to audit without deep cryptographic expertise.”

RISC-V is widely taught, well documented, and supported by a growing developer ecosystem. The shift makes the proving stack accessible beyond Linea’s internal team.

The transition positions Linea as an early mover in a space where the broader Ethereum ecosystem is now converging.

Years of production proving experience now apply to a simpler, faster architecture. The team has indicated more technical details will follow in the coming weeks.

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Ethereum Builders Propose ‘Economic Zone’ to Fix L2 Fragmentation

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Ethereum, Vitalik Buterin, Ethereum 2.0, Layer2, Arbitrum

Developers from Gnosis and Zisk, with backing from the Ethereum Foundation, have proposed a new framework aimed at unifying Ethereum’s fragmented layer-2 ecosystem by enabling rollups to interact seamlessly with each other and the mainnet in a single transaction.

According to an announcement shared with Cointelegraph, the proposed “Ethereum Economic Zone” (EEZ) would allow smart contracts on different rollups to execute synchronously across networks without relying on bridges.

The initiative targets a key trade-off in Ethereum’s scaling strategy, where dozens of layer-2 networks have improved throughput but split liquidity, infrastructure and user activity across separate environments.

If implemented, the framework would let applications share infrastructure across rollups while settling back to Ethereum, reducing duplication and the need for cross-chain transfers.

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The project is being developed together with Ethereum researchers and industry participants, with early contributors including infrastructure providers and DeFi protocols exploring a shared standard for interoperable rollups.