Money & Crypto News

03 августа 2024 21:54

$54.64 Million in Liquidations Across Crypto Market in the Past Hour

Coinglass data reveals that the crypto market saw $54.64 million in liquidations in the past hour, with $50.67 million from long positions and $3.97 million from short positions.

✅@Money

Money & Crypto News

03 августа 2024 20:57

Smart Money Address Buys 2,424 ETH Worth $7.22 Million

Lookonchain reported that a high-performing "smart money" address purchased 2,424 ETH (worth $7.22 million) one hour ago. Since May 29, this address has bought 19,436 ETH at an average price of $3,511, totaling $68.25 million.

✅@Money

Money & Crypto News

03 августа 2024 19:51

U.S. Ethereum spot ETF saw a cumulative net outflow of $169.4 million this week

According to Farside Investors data, the U.S. Ethereum spot ETF had a cumulative net outflow of $169.4 million this week. Of these, $98.3 million was net outflow on Monday and $77.2 million was net outflow on Wednesday.

✅@Money

Money & Crypto News

03 августа 2024 19:02

The total market value of stablecoins fell by 0.33% in the past week

According to DefiLlama data, the total market value of stablecoins fell by 0.33% in the past week, now reporting $164.02 billion. Among them, the total market value of USDT increased by 0.07%, now reporting $114.518 billion, with a market share of 69.82%.

✅@Money

Money & Crypto News

03 августа 2024 18:09

Cellula's BitCell NFT Achievements and Future Plans

Cellula reported that 1065 BitCell NFTs were minted within one block height, and 2001 guaranteed whites were minted between July 31 and August 1. BitCell NFTs are now available on Dobby Market, with all NFTs to be delivered by August 6. NFT holders will receive 20% of the total airdrop. Following the Token Generation Event (TGE) in late 2024, users can stake BitCell NFTs for rewards. Cellula has gained 210,000 on-chain users and minted over 1 million BitLifes since its launch.

✅@Money

Money & Crypto News

03 августа 2024 17:32

The current Bitcoin position in El Salvador is 5830.7

According to mempool data, El Salvador currently holds 5830.7 BTC, or about $361 million.

✅@Money

Money & Crypto News

03 августа 2024 16:41

Uniswap front-end transaction fees exceeded $54 million

According to DefiLlama data, as of August 2, Uniswap's front-end transaction fees exceeded $54 million, currently $54.23 million.

✅@Money

Money & Crypto News

03 августа 2024 15:36

10x Research: If the U.S. economy deteriorates, Bitcoin may fall below $50,000

MarkusThielen, an analyst at 10x Research, pointed out that in terms of the resilience of the crypto market, there have been some positive signs recently, including institutional interest in spot Bitcoin ETF and the Bitcoin price that has withstood Mt. The test of Gox returning billions of dollars of Bitcoin. It is obvious that the U.S. economy has been weaker than the Federal Reserve originally thought in the past 48 hours, and the weak ISM index has brought a shock to risky assets. The Federal Reserve hinted that interest rate cuts in the fall will not stop the economic downturn. If the stock market follows the downward trend of the ISM manufacturing index and even begins to anticipate the upcoming recession, the stock may fall sharply in the next few quarters. If this happens, Bitcoin may suffer a large sell-off, and its price may fall below $50,000 or even lower.

✅@Money

Money & Crypto News

03 августа 2024 14:46

BTC exceeded $62,000

The market shows that BTC exceeded $62,000 and is now reported at $6,2002.38, and the daily decline narrowed to 4.13%. The market fluctuates greatly. Please do a good job in risk control.

✅@Money

Money & Crypto News

03 августа 2024 13:56

U.S. spot Bitcoin ETF accumulated a net outflow of $80.7 million this week

According to Farside Investors, the cumulative net outflow of spot Bitcoin ETF in the United States this week was $80.7 million. Among them, a net inflow of $124.1 million on Monday and a net outflow of $237.4 million on Friday.

✅@Money

Money & Crypto News

03 августа 2024 12:56

Solana chain Meme coins generally fell, WIF and BOME fell by more than 10% within the day

Market conditions showed that Solana chain Meme coins generally fell, among which: WIF is currently trading at $1.69, a 24-hour drop of 11.4%; BONK is currently trading at $0.00002219, a 24-hour drop of 6.2%; BOME is currently trading at $0.008329, a 24-hour drop of 10%; POPCAT is currently trading at $0.5571, a 24-hour drop of 19.1%

✅@Money

Money & Crypto News

03 августа 2024 11:52

Chairman of the Russian Duma Financial Market Committee: Russian citizens can exchange Bitcoin and digital rubles in the future

Anatoly Aksakov, chairman of the Financial Market Committee of the Russian State Duma, predicts that at some point in the future, citizens will be able to exchange Bitcoin and digital rubles, and a P2P market based on digital rubles is needed to achieve this goal.

✅@Money

Money & Crypto News

03 августа 2024 10:52

Sun Yuchen's address took out 40.25 million USDT from Aave five minutes ago and transferred them to the new address starting with 0xf1f

According to the monitoring of ai_9684xtpa, an analyst on the chain, five minutes ago, Sun Yuchen's address (starting with 0xDBf) took 40.25 million USDTs from Aave, and then transferred them to the new address starting with 0xf1f.

✅@Money

Money & Crypto News

03 августа 2024 09:53

Bitlayer launched the 2024 Olympic Games limited-time guessing activity. Users can use Bitlayer gems or points to participate in the guessing

Bitlayer announced that it has launched a limited-time guessing activity for the 2024 Paris Olympic Games in the user center. Users can use Bitlayer points or gems to participate in the results of multiple rounds of the Olympic Games. The winner will share the points or gem rewards of the corresponding event prize pool. The specific time of this activity is from August 2 to August 11 (UTC+8). The limited-time guessing activity of the Olympic Games launched this time is divided into two types of events: the prize pool and the gem prize pool. Users can consume 500 points or 200 gems to participate in a single guess. Each event can participate in up to 10 times, and there is a unique winning option. The winner will divide the points or gem rewards corresponding to the event according to the proportion of participation. . Each competition will be synchronized within 12 hours after the results of the corresponding event are announced, and the prize pool settlement will be completed. This time-limited guessing activity is a preliminary exploration of the use scenarios of Bitlayer gems and points. In the future, the team will also launch more interactive activities and reward mechanisms to ensure that users get a richer experience in the Bitlayer ecosystem.

✅@Money

Money & Crypto News

03 августа 2024 08:52

Ohio orders the suspension of the crypto exchange Coinzoom in the state

The Department of Financial Institutions (DFI) of the Ohio Department of Commerce recently announced that it had ordered the cryptocurrency exchange Coinzoom Inc. Stop operating in the state immediately. Coinzoom has a currency transfer license in Ohio, provides a variety of financial products, and supports more than 30 cryptocurrencies. The directive came into effect on August 1, prohibiting Coinzoom from accepting new businesses or assets from Ohio residents. However, existing customers in Ohio can still withdraw fiat currency or cryptocurrency assets. The suspension was after the inspection of multi-state banks, Ohio regulators were unable to verify Coinzoom's financial status due to incomplete or inaccurate financial records. The suspension will continue until the DFI or the court amends or cancels the order, and Coinzoom has requested an administrative hearing.

✅@Money

Money & Crypto News

03 августа 2024 21:20

Polymarket Predictions for 2024 US Presidential Election

Polymarket predicts a 54% probability of Donald Trump winning the 2024 US presidential election, while Kamala Harris's chances have risen to 44%.

✅@Money

Money & Crypto News

03 августа 2024 20:23

USDT Transactions on TON Chain Dominate EVM Networks

IntoTheBlock reported on the X that USDT's weekly transaction volume on EVM chains exceeds 18 million, with 78% of these transactions occurring on the TON chain, making it the preferred network for transfers.

✅@Money

Money & Crypto News

03 августа 2024 19:26

US Ethereum Spot ETFs See $169.4 Million Net Outflow This Week

According to Farside Investors, US Ethereum spot ETFs experienced a total net outflow of $169.4 million this week, with $98.3 million outflowing on Monday and $77.2 million on Wednesday.

✅@Money

Money & Crypto News

03 августа 2024 18:37

USDC Treasury minted 50 million USDC 6 hours ago

According to Whale Alert monitoring, USDC Treasury minted 50 million USDC on the Ethereum network on .

✅@Money

Money & Crypto News

03 августа 2024 18:00

BTC fell below $61,000

The market shows that BTC fell below $61,000 and is now reported at $60,983.06, with a daily decline of 3.96%. The market fluctuates greatly. Please do a good job in risk control.

✅@Money

Money & Crypto News

03 августа 2024 16:57

Harris campaign spokesman: Harris hopes to stick to the plan to debate on ABC on September 10

Harris campaign spokesman responded to Trump's proposal to hold a debate on Fox on September 4, and Harris hoped to stick to the plan to hold a debate on ABC on September 10.

✅@Money

Money & Crypto News

03 августа 2024 15:57

This week, the grayscale ETHE outflow has dropped by about 80%

Arkham posted on the X platform that the outflow of grayscale ETHE has dropped by about 80% this week. On Monday, Grayscale sent 108,800 ETH to Coinbase, about $367.6 million, while Grayscale only sent 24,900 ETH to Coinbase on Friday about 78.4 million US dollars.

✅@Money

Money & Crypto News

03 августа 2024 15:06

Trump's address cryptocurrency position value fell below $7 million, down about 80% from the high in early June

According to Arkham data monitoring, the value of crypto assets held by former U.S. President Donald Trump's address fell below the $7 million mark, currently falling to $6,387,138.53, but it is about 80% lower than the high of more than $31 million at the beginning of June. The address is currently held The warehouse mainly includes:
- 21.345 billion TROGs, worth about $456,000;
-579.29 TRUMP, worth about $2.71 million;
-492.449 ETH, worth about $1.47 million;
-377.415 WETH, worth about $1.13 million.

✅@Money

Money & Crypto News

03 августа 2024 14:33

dYdX community has voted to distribute $5 million DYDX tokens to traders in the fifth quarter incentive plan

On August 3, the dYdX Foundation posted on a social platform that the dYdX community has voted to distribute DYDX tokens worth $5 million to traders in the fifth quarter incentive plan.

✅@Money

Money & Crypto News

03 августа 2024 13:24

U.S. senators have received more than 2,200 letters in support of the "Bitcoin Strategic Reserves Act" proposed by Cynthia Lummis

Dennis Porter, founder of Satoshi Action Fund, said on social media that in 48 hours, more than 2,200 letters were sent to U.S. senators, urging them to co-initiate and support Senator Cyn. The Bitcoin Strategic Reserves bill recently proposed by thia Lummis. The Democratic Party received 1,333 letters, the Republican Party received 850 letters, and independents received 41 letters. This bipartisan linkage shows that interest in Bitcoin and its potential strategic value is not limited to a single political ideology, but is gaining full traction.

✅@Money

Money & Crypto News

03 августа 2024 12:29

USDC Treasury mints 50 million more USDC

According to monitoring by the on-chain data tracking service Whale Alert, around 17:50 Beijing time today, the USDC Treasury minted an additional 50 million USDC.

✅@Money

Money & Crypto News

03 августа 2024 11:27

CME Federal Reserve Observation: The probability of the Federal Reserve shitting interest rates by 50 basis points in September is 22%

On August 3, according to CME "Fedral Reserve Watch" data, the probability of the Federal Reserve shating interest rates by 25 basis points in September is 78%, and the probability of interest rates by 50 basis points is 22%. The probability of the Federal Reserve reducing interest rates by 25 basis points by November is 3.7%, the probability of reducing interest rates by 50 basis points is 75.3%, and the probability of reducing interest rates by 75 basis points is 21%.

✅@Money

Money & Crypto News

03 августа 2024 10:22

The suspected Amber Group address deposited 1,800 MKRs to Binance 12 hours ago, about $4.54 million

According to The Data Nerd monitoring, 12 hours ago, a wallet (possibly belonging to Amber Group) deposited 1,800 MKRs (about $4.54 million) in Binance, and there are only 412.6 MKRs left at the address. (about $997,000).

✅@Money

Money & Crypto News

03 августа 2024 09:32

The modular financial system edgeX Labs officially launched the first high-performance application edgeX exchange

edgeX Labs, a high-performance modular financial system incubated by Amber Group, officially launched the first high-performance application, edgeX exchange. edgeX exchange is a high-performance, order book-based decentralized perpetual contract exchange, built for professional trading users, with a centralized exchange experience and trading features. Members of edgex Labs come from Barclays Bank, Morgan Stanley, Bybit, Firecoin, etc., and are developing a number of applications based on transactions and liquidity, aiming to integrate the capabilities and performance of centralized finance (CeFi) with the security and transparency of decentralized finance (DeFi). A set of on-chain financial system. So far, edgeX labs has received about $10 million in liquidity injections from Amber group, SNZ Capital and other institutions.

✅@Money

Money & Crypto News

03 августа 2024 08:21

Trump said he reached an agreement with Fox News and debated with Harris on September 4

On August 3, Trump, the Republican presidential candidate of the United States, said that he had reached an agreement with Fox News and would debate with Vice President Harris on September 4. If she was "unwilling or unable" to attend on that day, he would hold a citizens' convention on the Internet. Trump said in a post on Truth Social that the debate will be held in Pennsylvania at a to be determined location. Trump was scheduled to play against President Biden at a debate hosted by ABC News, and Harris has been urging Trump to still participate. Trump said in a post that the ABC debate "has been partially terminated because Biden no longer candidates."

✅@Money