Pike raised 6.5 m usd and provided 10k as liquidty
Height of this scammers pretending to be team lol
https://www.theblock.co/post/318913/investors-upset-at-pike-finances-token-launch-over-liquidity-shortfall
Clearpool ($CPOOL) Spot Trading Launches on Bitget
Clearpool's $CPOOL token will be available for spot trading on Bitget, a leading cryptocurrency exchange, starting on Wednesday, September 4th at 10 AM UTC. Bitget serves over 30 million users with a daily trading volume exceeding $10 billion USDT.
https://x.com/ClearpoolFin/status/1830915497048842748
Humanity Protocol Testnet Goes Live
The Humanity Protocol's testnet is now active, allowing users to reserve their unique Human ID. This is the first step toward verifying identity in the decentralized ecosystem. Users can currently register their Human ID, with palm print registration to follow in the coming weeks. The protocol also includes a referral system offering rewards and HP tokens.
https://x.com/Humanityprot/status/1840787351896809804
500 Million XRP Unlocked from Unknown Wallet
Whale Alert monitoring detected the unlocking of 500 million XRP from an unknown wallet at approximately 10:53 AM (UTC+8). The value of the unlocked XRP is estimated to exceed $310 million.
Bitcoin Spot ETF Sees $61.3M Daily Inflow, Total Assets Reach $59.08B
The US Bitcoin Spot ETF recorded a daily net inflow of $61.30 million, with cumulative net inflows reaching $18.86 billion. Total assets reached $59.08 billion, making up 4.69% of Bitcoin's market cap. The iShares Bitcoin Trust (IBIT), sponsored by BlackRock, saw a daily inflow of $72.15 million, bringing its cumulative net inflow to $21.50 billion.
October Events Calendar Overview
October 1-4:
U.S. economic data releases: JOLTs, S&P Manufacturing PMI, jobless claims, ISM Services PMI, NFP, unemployment rate.
Token unlocks: $SUI ($104M), $ZETA ($39M), $IMX ($57M).
Sui Reaches $1 Billion in Total Value Locked
Sui has achieved $1 billion in Total Value Locked (TVL) in less than two years, driven by the growth of leading DeFi protocols like Navi Protocol, Cetus Protocol, Sui Lend Protocol, Scallop, and Aftermath Finance. These protocols have collectively contributed over $37 million and $170 million in TVL, reflecting rapid adoption within the Sui ecosystem.
https://x.com/SuiNetwork/status/1840471482495095257
ZAP Token Launch Announced for October
The launch of the $ZAP token is scheduled for October on several leading exchanges, including an IDO on Bybit. A freshly updated GitBook will provide information about the token. Additionally, a new vault and token page will be introduced on the ZAP website, alongside an innovative staking program that offers regular airdrops for vault holders.
Taiwan Allows Professional Investors to Invest in Foreign Virtual Asset ETFs
Taiwan's Financial Supervisory Commission has announced that professional investors can now invest in foreign virtual asset ETFs through a re-entrustment method. This includes professional institutional investors, high-net-worth investment institutions, and high-asset clients, broadening access to international virtual asset markets for qualified investors.
This move marks a significant step towards expanding investment opportunities in Taiwan's virtual asset sector, offering more access to global crypto ETF markets for qualified investors.
Major Token Unlocks Scheduled for October
October will see significant token unlocks, with Celestia leading the way at $1 billion, set for October 30. Other notable unlocks include Sui ($115.6M), ZetaChain ($38.6M), ImmutableX ($58.8M), Aptos ($92.2M), and Taiko ($23.4M). These releases may impact the projects' circulating supply and market dynamics.
Bitcoin Spot ETFs Record Significant Inflows
Last week, Bitcoin spot ETFs saw a net inflow of $1.11 billion. The BlackRock ETF IBIT led with an inflow of $499 million, followed by the 21Shares Bitcoin ETF ARKB with an inflow of $269 million, indicating strong investor interest in Bitcoin-focused exchange-traded products.
17.1% of Americans Owned Cryptocurrency in 2023
Data shared by Coinbase's Chief Legal Officer Paul Grewal.eth on X reveals that at least 17.1% of Americans owned cryptocurrency in 2023, according to findings from the Federal Reserve Bank of Philadelphia. This statistic highlights the growing acceptance and adoption of digital assets among the American population.
Core PCE Index Reported Below Expectations, Market Expects Rate Cut
The Core PCE index, the Federal Reserve's preferred inflation gauge, rose by 2.6% year-over-year, slightly below the forecast of 2.7%. This increased expectations for a potential 50 basis point rate cut at the next FOMC meeting, with probabilities now at 53%. The Dow Jones closed at a record high, gaining 137.89 points.
Ethereum Spot ETFs See $58.65 Million Net Inflow
Ethereum spot ETFs reported a total net inflow of $58.65 million . Grayscale's ETHE experienced an outflow of $10.72 million, while Fidelity's FETH had an inflow of $42.54 million, and BlackRock's ETHA saw an inflow of $11.46 million.
It could be a sign of shifting preferences or just market sentiment aligning with bigger names.
https://x.com/elonmusk/status/1839942328192061552
Will real doge stand and run fast
1.)Indonesian postal service launches NFT stamps.
https://cointelegraph.com/news/indonesian-postal-service-launches-nft-stamps
2.)Japan's New Prime Minister Supports Blockchain And NFT Policies.
https://www.binance.com/en/square/post/2024-10-01-japan-s-new-prime-minister-supports-blockchain-and-nft-policies-14271085332033
3.)Bitcoin-curious Michael Dell sells $1.2B worth of Dell stock.
https://cointelegraph.com/news/bitcoin-curious-michael-dell-10-million-dell-shares-sale
4.)US trading app Robinhood launches ‘crypto transfers’ in Europe.
https://cointelegraph.com/news/robinhood-crypto-transfers-europe
Metaplanet Acquires Additional ¥1 Billion in Bitcoin
Tokyo-listed investment firm Metaplanet has purchased an additional 107.913 Bitcoin, valued at ¥1 billion (approximately $7 million). This brings the firm's total Bitcoin holdings to around 506 BTC, worth approximately $32 million. Inspired by MicroStrategy's strategy, Metaplanet aims to use Bitcoin as a strategic treasury asset amid Japan's economic challenges.
More companies will add soon soon..
Ethereum Spot ETF Market Update
The US Ethereum Spot ETF recorded a daily net outflow of $822.29 thousand, bringing cumulative outflows to $523.79 million. The total value traded was $149.14 million, with net assets at $7.14 billion, representing 2.27% of Ethereum's market cap. Grayscale's Ethereum Trust (ETH) on NYSE saw a daily net outflow of $11.81 million, resulting in $4.32 billion in total net assets.
Ohio Senator Proposes Bill to Accept Cryptocurrency for Tax Payments
Ohio State Senator Niraj Antani has introduced a bill requiring state and local governments to accept cryptocurrency, including Bitcoin, for tax payments. The bill also permits state universities and pension funds to invest in cryptocurrencies. Ohio previously allowed crypto tax payments in 2018, but the practice was halted in 2019 due to legal issues.
9 Million ROUTE v2 Tokens Burned
A total of 9,112,120 ROUTE v2 tokens, representing about 0.9% of the total supply and valued at around $400,000, have been burned. This burn involved staking rewards earned on unvested supply, a unique approach in the ecosystem. Next, the team plans to buy back and burn ROUTE tokens using Router Nitro's revenue.
https://x.com/routerprotocol/status/1840754848087806236
https://x.com/XAI_GAMES/status/1840774629759041912
Keep eye on xai. Seems they fired there designer to save money and may put that money for meme launch
Bithumb Considers Nasdaq Listing in U.S. for 2025 IPO
Bithumb, South Korea's second-largest cryptocurrency exchange, announced at a shareholders' meeting that it is considering a listing on Nasdaq in the U.S., targeting an IPO in the second half of next year with Samsung Securities as the main underwriter. This move follows a previous attempt to list on KOSDAQ, which was abandoned due to regulatory issues.
Chinese Stock Market Hits Record Trading Volume
Trading in the Chinese stock market has reached 1.9 trillion yuan today, the highest ever recorded, surpassing the previous record set in 2015. Ahead of the holidays, many brokerages in China are offering 24/7 services as new investors rush to open trading accounts following a 16% market rally last week.
Ethereum Spot ETFs Experience Mixed Inflows
Ethereum spot ETFs had a net inflow of $84.51 million. Grayscale ETF ETHE saw an outflow of $127 million, while BlackRock ETF ETHA and Fidelity ETF FETH had inflows of $94.95 million and $64.91 million, respectively, reflecting differing investor sentiment towards Ethereum-focused products.
BlackRock's Shift Toward Bitcoin Adoption
Initially skeptical, BlackRock has shifted its stance on Bitcoin over the past two years, becoming a major supporter. The investment giant currently holds 365,310 BTC, valued at over $24 billion, showcasing its growing confidence in the digital asset.
FTX Creditors Face Limited Recovery on Assets
Revised bankruptcy documents from FTX creditor Sunil Kavuri reveal that certain creditors may recover only 10% to 25% of their cryptocurrencies. Repayments will be calculated based on the filing date price, which was significantly lower, with Bitcoin valued around $16,000. This approach has led to dissatisfaction among creditors and customers
Chaos Citizens Invited to Join Updated Battle Royale Map
The first Battle Royale map update is complete, and citizens are invited to participate. Players can watch the video on YouTube and submit screenshots under the tweet for a chance to win $50 in $QORPO. Five winners will be selected. The hunt starts in Q4, with the studio aiming for prominence beyond Web3 gaming.
https://x.com/citizenconflict/status/1840090734449365462
Bitcoin Spot ETFs Record $494 Million Net Inflow
Bitcoin spot ETFs experienced a total net inflow of $494 million , marking seven consecutive days of positive inflows. The ARKB ETF by Ark Invest and 21Shares saw an inflow of $203 million, while Fidelity's FBTC ETF recorded an inflow of $124 million.
BlackRock BUIDL Fund Receives $9 Million USDC Transfer
Arkham monitoring data indicated that 9 million USDC was transferred from a Circle hot wallet to the BlackRock BUIDL Fund around 17 hours ago. The current balance of the BlackRock BUIDL Fund's marked address stands at approximately 88.146 million USDC.