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Notable news in the last 24 hours (02/11)
BTC: 34,607 USD | ETH: 1,838 USD| Total market cap: 1,265 billion USD
1️⃣ MetaMask launches new features for users. MetaMask and Blockaid collaborated to develop a new security feature to protect users from hacks in the cryptocurrency sector. Specifically, on November 1, MetaMask users on computers can experience the new feature by installing the MetaMask test version and activating PPOM, an offline privacy protection module. Users who test this feature early will be alerted if there are transactions that show signs of maliciousness. This updated version of the new feature is expected to be available on the MetaMask mobile app by the end of November.
2️⃣ The SEC chairman congratulated the 15th anniversary of Bitcoin's whitepaper. SEC Chairman Gary Gensler posted a post on Twitter X referring to Bitcoin's anonymous creator, Satoshi Nakamoto, to celebrate the 15th anniversary of Bitcoin's famous whitepaper and laying the groundwork for the world's largest cryptocurrency. Besides congratulations, he also warned companies to comply with securities laws.
3️⃣ BitGo is licensed to operate crypto custody in Germany. U.S. cryptocurrency custody and settlement firm BitGo announced it has been granted a cryptocurrency custody license by Germany's Federal Financial Supervisory Authority (BaFin). BitGo's Chief Operating Officer Chen Fang said it has been providing custody services to customers since 2019 under BaFin's supervision. With the new license, they can secure their presence in the European market.
4️⃣ Coin98 officially renamed the project. Recently, Coin98 officially changed the name of the project, along with the announcement of a new $25 million ecosystem fund. Specifically according to the project, Coin98 will be renamed Ninety Eight. In addition, it will also announce a $25 million ecosystem fund for projects built in the Coin98 ecosystem. The news comes as Coin98's partner project, TomoChain, is also undergoing a name change and token exchange.
Economic calendar for the first half of November (01/11 - 15/11)
Experiencing the second half of October with positive developments throughout the market, traders are waiting for good signals, promoting the market to continue the current growth momentum.
Will the first half of November have any outstanding news that will have an impact on the price movement of Bitcoin in particular as well as the market in general?
🗓 In the first half of November, the US and major economies will announce a number of important events that have a direct impact on the USD, the DXY (USD Strength Index) as well as financial markets.
👇 Here is a summary of 5 important events that can impact the cryptocurrency market in general and Bitcoin in particular.
#ONUS #ONUSPro #Bitcoin #FederalReserve #CPI #FOMC #InterestRate
Notable news in the last 24 hours (01/11)
BTC: 34,392 USD | ETH: 1,800 USD| Total market cap: 1,248 billion USD
1️⃣ Celestia officially opens the mainnet. Celestia has completed the beta deployment of the mainnet, marking the launch of the Celestia network. After the mainnet is launched, Celestia's native token, TIA, will be traded on major centralized exchanges, including Binance, Bybit, and KuCoin. Additionally, decentralized exchange Osmosis has announced plans to list the token on its platform.
2️⃣ Starknet will allocate 50 million STRK to early contributors. The Starknet Foundation announced that it will distribute 50 million unissued STRK tokens to early contributors to the ecosystem. Individuals and projects need to apply for funding and provide details of their contributions. The registration process will last until Nov. 19, 2023, and the recipient list will be published by Dec. 29, 2023.
3️⃣ Gary Gensler once criticized the SEC for rejecting Bitcoin ETFs. According to a video that went viral recently on social media, Gensler before becoming Chairman of the Securities and Exchange Commission (SEC) discussed blockchain regulation at the 2019 MIT Bitcoin Conference in an informal conversation with SEC Commissioner Hester Peirce. The crypto community has emphasized the contrast of Gensler's views with Bitcoin Spot ETFs. Contrary to what he said in the video, Gensler now acts as SEC chairman acting as an outcry of Bitcoin ETF Spot.
4️⃣ Gary Gensler once criticized the SEC for rejecting Bitcoin ETFs. According to a video that went viral recently on social media, Gensler before becoming Chairman of the Securities and Exchange Commission (SEC) discussed blockchain regulation at the 2019 MIT Bitcoin Conference in an informal conversation with SEC Commissioner Hester Peirce. The crypto community has emphasized the contrast of Gensler's views with Bitcoin Spot ETFs. Contrary to what he said in the video, Gensler now acts as SEC chairman acting as an outcry of Bitcoin ETF Spot.
🌟 Token Spotlight: Mina Protocol (MINA), the world's lightest blockchain project
Mina Protocol is a Proof-of-Stake (PoS) blockchain project that aims to build a compact and easy-to-use blockchain network. Therefore, Mina pioneered the development of technology to create ultra-short blocks. Since then, Mina has been considered the world's lightest blockchain with the ability to run dApps extremely smoothly.
Specifically by design, the entire Mina blockchain is about 22KB in size — the size of a few tweets. Therefore, the Mina network works by creating extremely small blocks with high processing speed, thereby having both high security and a huge role in storing information.
🤔 What outstanding features does MINA have to help the project thrive in the future?
👉 MINA adopts an advanced ZK mechanism. Mina protocol uses concise cryptographic proofs that help users verify information without declaring it. This system holds block information in the form of microscopic files, and when new blocks are created, the data is stored in the same form, and information from the previous block can be easily visualized as a book cover.
👉 MINA can operate with microscopic size. With ZK-SNARKs, stored blocks are compressed which makes them exceptionally lightweight, and archives are about the same size. The size of the Mina network is only 22 KB (equivalent to the size of a few tweets) compared to Bitcoin's 300 GB. As a result, Mina avoids network congestion but still achieves steady development.
👉 MINA guarantees high security. Users can access important on-chain services without sharing their personal data. Instead, they use Mina to access their online data and to prove that they meet the service provider's requirements.
With its unique characteristics and efficient operating mechanism, MINA's development potential is extremely promising.
✅ Right now, users can Buy/Sell MINA through the ONUS app at the best rates and completely free transactions.
✅ MINAVNDC trading pair has been listed on the ONUS Pro exchange with a maximum leverage of up to 25x along with the most attractive trading fees in the market.
#Token_Spotlight #MINA #ONUS #ONUSPro
🚀 Top 5 Daily Gainers
1. JAM: +70%
2. TURBO: +33.33%
3. BLZ: +31.6%
4. SLP: +31.25%
5. POLIS: +27.2%
🔥 Last night, the cryptocurrency market witnessed a strong growth and an explosive trading volume.
🌟 Leading the Top Gainers on ONUS is JAM, the native token of a social engagement platform that serves as a bridge for fans to engage directly with artists, athletes, and influencers in the world of music.
In the past 24 hours, JAM has surged by 70% and is being traded with a volume of 157,330 USD. With these achievements, JAM is now leading the Top Gainers and entered the Top Trending on the ONUS app in the past 24 hours.
🥈 SLP is also outstanding since it has witnessed continuous growth in the last 2 days. Ranked 4th on the Top Gainers, SLP has gained 31.25% in just 24 hours. At the broader time frame, the asset has grown by 68.421% in 1 week.
🥈 Other assets also made the list, including TURBO (up 33.33%), BLZ (up 31.6%), POLIS (up 27.2%).
Notable news in the last 24 hours (30/10)
BTC: 34,292 USD | ETH: 1,782 USD| Total market cap: 1,240 billion USD
1️⃣ Animoca Brands announces the acquisition of Web3 streaming platform Azarus. Azarus allows users to stream games and interact with viewers in real-time, leveraging blockchain-based tokens to receive incentives. The value of the deal has not been disclosed.
2️⃣ Cryptocurrency management company Zodia Custody officially operates in Hong Kong. According to CNBC, Standard Chartered's cryptocurrency management firm Zodia Custody has launched its services in the Hong Kong region. Founded in 2020, Zodia Custody's service is now available in Japan, Singapore, and Australia.
3️⃣ The Uniswap community has approved a proposal to invest in Ekubo Protocol. Under the proposal, Uniswap would invest 3 million UNI (worth about $12 million) in the Starknet AMM Ekubo Protocol in exchange for 20% of the governance tokens. Moody Salem, founder of Ekubo Protocol, is the technical lead of the Uniswap team and has contributed a lot to Uniswap's original source code.
4️⃣ LastPass suffered a security incident, losing $4.4 million in crypto. About 25 LastPass users lost more than $4 million worth of crypto as a result of a breach dating back to December 2022. The bad actors targeted cryptocurrency users who stored their seed phrases on the platform, resulting in more than 150 victims having more than $35 million stolen. Security experts in the community have advised LastPass users to transfer their crypto assets immediately.
🔥 New Listing!
ONUS Futures Pro now opens new trading pairs: CEEKVNDC, POLYXVNDC, GASVNDC. Trade now!
📌 Details: https://pro.goonus.io/en/help-center/announcements/onus-futures-pro-new-listing-ceekvndc-polyxvndc-gasvndc
🔥 New Listing!
ONUS Futures Pro now opens new trading pairs: CELVNDC, RACA1000VNDC, BONK1000VNDC, MINAVNDC. Trade now!
📌 Details: https://goonus.io/en/onus-futures-pro-new-listing-celvndc-raca1000vndc-bonk1000vndc-minavndc/
Notable news in the last 24 hours (25/10)
BTC: 34.030 USD | ETH: 1.792 USD| Total market cap: 1.230 billion USD
1️⃣ Deutsche Bank successfully implemented a stablecoin swap. Deutsche Bank and SC Ventures successfully implemented the first UDPN proof of concept, facilitating real-time transfers and swaps between stablecoins. This initiative explores aspects of digital assets, CBDCs, and key custody, paving the way towards a digital and regulated financial future.
2️⃣ The price of PEPE memecoin jumped 45% after the announcement from the project. In an announcement on X, the PEPE memecoin team announced that more than 6.9 billion PEPE has been destroyed. In addition, to ensure the sustainable development of PEPE, a new team of consultants was brought in to guide the project. This innovation demonstrates the project's commitment to the sustainable development and growth of the PEPE network. Following this announcement, PEPE price bounced up 45% before the correction.
3️⃣ Coinbase refutes Bitcoin withdrawal limit rumors. A post from a user on X said he was imposed a policy limiting Bitcoin withdrawals from Coinbase to a maximum of $5,000 per week. However, a spokesperson from Coinbase said this information is "inaccurate" and that no policy exists withdrawal limits on sales to Coinbase.
4️⃣ Binance loses important personnel in the UK. Jonathan Farnell, who served as Binance's Director in the United Kingdom before moving on to Bifinity — a subsidiary of the Binance platform — has officially stepped down. According to the announcement, he submitted his resignation from Binance Markets Limited at the end of September. At the same time, he also stepped down from his role as Senior Chief Compliance Officer at Binance Europe on June 6.
Notable news in the last 24 hours (24/10)
BTC: 34,750 USD | ETH: 1,835 USD| Total market cap: 1,253 billion USD
1️⃣ UAE launches free economic zone for cryptocurrencies. On October 19, in the emirate of Ras Al Khaimah, UAE, "RAK Digital Assets Oasis (RAK DAO)" – a special free economic zone for companies operating in the fields of digital assets, blockchain, Web3 and artificial intelligence, was officially launched. Under the new regulations, RAK DAO will have the right to operate independently in the financial, administrative and legislative sectors, in order to create maximum favorable conditions for businesses operating in the field of digital assets.
2️⃣ Bitmain announces new mining equipment for the Aleo Blockchain. Cryptocurrency mining company Bitmain plans to expand into Aleo, with new mining machines dedicated to this network. Despite the financial difficulties, Bitmain still has expansion plans, such as investing $53.9 million in the bankrupt cryptocurrency mining company Core Scientific.
3️⃣ The flow of withdrawals from Binance heated up again. Over the past 24 hours, withdrawals from Binance have spiked to $1.4 billion following news of the resignation of Binance France CEO Stéphanie Cabossioras. According to DefiLlama, users have withdrawn a total of $1.4 billion from cryptocurrency exchange Binance within the past 24 hours. Besides, a report from CryptoSlate Insight shows that the exchange has seen a net withdrawal of up to $150 million in Bitcoin. Currently, the exchange only holds 2.3 million Bitcoins, the lowest level since the beginning of 2023.
4️⃣ Binance supports USDC on the Polygon network. Binance has announced the upcoming launch of new trading services using Circle's USDC stablecoin on the Polygon blockchain. Polygon has gained popularity with brands interested in NFTs and virtual worlds, which could benefit Binance's USDC trading volume.
🏁 ONUS Grand Prix Season 04: Futures Trading Competition for Individuals and Teams
👌After the previously successful tournament, ONUS Grand Prix is now totally ready for the launch of the next season!
The total prize pool of 5 billion VNDC will be rewarded to the best players according to categories:
1. Individual
2. Team
3. Record Breaker
🏎 Details: https://goonus.io/en/onus-grand-prix-season-04-the-futures-trading-tournament-for-individuals-and-teams/
🚀 RACA rises 132.766% after 1 week, hits the highest in 6 months
🌟 Radio Caca is the exclusive manager of the NFT Maye Musk Mystery Box (MPB) project and the GameFi generation DeFi project for the USM Metaverse ecosystem. Radio Caca is a gateway to various NFT markets, especially in the worldwide music, digital art, and fashion sectors.
🥈 RACA, the utility token of the Radio Caca ecosystem, is now ranked 2nd in the Top Gainers on ONUS after witnessing recent continuous growth. RACA officially surpassed the 0.000246 USDT mark for the first time since April, 2023.
🔥 In the last 24 hours, RACA has gained 46.878%, with a trading volume of 886,864 USD, 8 times the average trading volume of the previous 10 days. At the broader time frame, this asset has officially hit the growth of 132.766% after just 1 week.
💬 What do you think about RACA's price change? Please share your opinion in the ONUS community!
🔥 New Listing!
ONUS Futures Pro now opens new trading pairs: BSVVNDC, STARL1000 and RIFVNDC. Trade now!
📌 Details: https://goonus.io/en/onus-futures-pro-new-listing-bsvvndc-rifvndc/
🚀 Top 5 Daily Gainers
1. BFC: +69.45%
2. SRBP: +33.33%
3. POLYX: +15.7%
4. FUN: +15%
5. REKT1M: +14.81%
In the last 24 hours, Bitcoin has gained 3.29% to $29,231, Ethereum also grew by 2.46% to the price of $1,588.
Prices of many top cryptos have increased in the last 24 hours while the global crypto market cap has risen to $1.11 trillion, up 2.8% over the last day.
🔥 Following the growth of Bitcoin, most of the altcoins are witnessing a significant recovery.
🏆 BFC, the utility token of the multichain middleware platform Bifrost is now breaking downtrend with a gain of 69.45% and a trading volume of 190,236 USD. With this growth, BFC is currently leading the Top Gainers on ONUS.
🔥 New Listing!
ONUS Futures Pro now opens new trading pairs: ORBSVNDC, STPTVNDC, WAXPVNDC. Trade now!
📌 Details: https://goonus.io/en/onus-futures-pro-new-listing-orbsvndc-stptvndc-waxpvndc/
🔥 New Listing!
ONUS Futures Pro now opens new trading pairs: SLPVNDC and TIAVNDC. Trade now!
📌 Details: https://goonus.io/en/onus-futures-pro-new-listing-slpvndc-and-tiavndc/
🔥 Celestia Token (TIA) gets listed on ONUS
Starting from 04:00 UTC on November 1, we officially list Celestia (TIA) on the ONUS application.
Soon after TIA is added, users can perform Off-chain and Trade features with this asset.
👉 Details: https://goonus.io/en/celestia-token-tia-gets-listed-on-onus/
🔥 New Listing!
ONUS Futures Pro opens 4 new trading pairs: QTUMVNDC, POWRVNDC, CETUSVNDC, AXSVNDC. Trade now!
📌 Details: https://pro.goonus.io/en/help-center/announcements/onus-futures-pro-new-listing-qtumvndc-powrvndc-cetusvndc-axsvndc
Notable news in the last 24 hours (31/10)
BTC: 34,326 USD | ETH: 1,798 USD| Total market cap: 1,246 billion USD
1️⃣ El Salvador President Nayib Bukele filed for re-election. Bukele, a fierce Bitcoin supporter, received strong support from the public on October 26 after being officially nominated by his party for re-election. The president's New Ideas party is supported by 70% of the country's voting population, according to Reuters, citing a study by an El Salvador university. The nearest opponent received only 4% of the total votes.
2️⃣ Singapore launches cross-border crypto projects with Europe and Japan. The Monetary Authority of Singapore (MAS) has launched Project Guardian with 15 financial institutions to manage cross-border cryptocurrencies. Project Guardian aims to promote cryptocurrency pilots in the areas of fixed income, foreign exchange and asset management, curbing illegal transactions. As part of its regulatory efforts, MAS has issued licenses to crypto companies, of which Coinbase has received a license for a large-scale Payment Institution.
3️⃣ Thailand's Kasikornbank entered the cryptocurrency sector with the acquisition of the Sanang exchange. Thailand's Kasikorn Bank has acquired a majority stake in the parent company of cryptocurrency exchange Satang to expand its market share in the cryptocurrency sector. Kasikorn's $10 million purchase will restructure Satang's operations into a digital asset fund, custodian and blockchain developer.
4️⃣ Animoca Brands was invested $50 million by Saudi Arabia's state fund. Half of the $50 million Animoca Brands received from Saudi Arabia's state-owned investment fund NEOM came through convertible bonds, while NEOM bought shares of the Web3 game developer on the secondary market. This is part of the "Saudi Vision 2030" campaign, which promises to turn Saudi Arabia into one of the new technology hubs of the world.
✨ Token Spotlight: NEAR Protocol (NEAR), Layer-1 with outstanding operating speed
NEAR Protocol is the Layer-1 blockchain, which operates on a public proof of stake and sharded mechanism. It's like a community-run, highly scalable, and low-cost cloud platform for developers to create decentralized applications easily.
NEAR is secure enough to manage high-value assets like money or identities and performance enough to make them useful, especially given the power of the Open Web in the hands of users.
❓ What are the outstanding features of NEAR token that will help the project grow strongly in the future?
👉 High scalability and low transaction costs: NEAR uses the advanced Sharding mechanism of Nightshade for efficient data processing and easy network expansion. Near's Nightshade will divide the data to be authenticated into small clusters, thereby increasing the speed and processing capacity of the entire system.
👉 Secure, decentralized, and energy-efficient consensus mechanism: NEAR Protocol uses a threshold proof-of-stake (TPoS) consensus mechanism to select validators. Nodes will stake an amount of NEAR coins for a chance to become validators.
👉 Staking selection & Game theory: To participate in the authentication process, stakers are selected using a secure randomization process, which optimally distributes space between parties and provides incentives for them to behave well.
🚀 With outstanding features and optimal performance, NEAR is being evaluated to develop strongly in the future.
✅ Right now, users can Buy/Sell NEAR through the ONUS app at the best rates and completely free transactions.
✅ NEARVNDC trading pair has been listed on the ONUS Pro exchange with a maximum leverage of up to 40x along with the most attractive trading fees in the market.
#Token_Spotlight #NEAR #ONUS #ONUSPro
Notable news in the last 24 hours (27/10)
BTC: 34,138 USD | ETH: 1,797 USD| Total market cap: 1,234 billion USD
1️⃣ Circle's FamilyMart partnership allows users to redeem shopping points for USDC. Stablecoin issuer USDC said it combined with Taiwanese crypto exchange BitoGroup and Taiwan FamilyMart to expand its market share in the market. The three companies will launch a service called "points-to-crypto," which allows customers to redeem points from the FamilyMart loyalty program for cryptocurrencies like USDC through BitoGroup.
2️⃣ JPMorgan's coin records $1 billion in transactions per day. According to Bloomberg, US giant JPMorgan Chase & Co is currently processing $1 billion in trading volume per day for its token, JPM Coin. Takis Georgakopoulos, JPMorgan's Global Head of Payments, stated that there is still room to expand JPM Coin's "coverage." JPMorgan was one of the few banks that had an open attitude towards blockchain early on. So far, the efforts and trust of this bank have had their first fruits.
3️⃣ BUSD is slowly disappearing from CoinGecko and CoinMarketCap. The two largest market aggregator websites, CoinGecko and CoinMarketCap, have removed BUSD's logo and are only displayed as a gray symbol, marking the end of Binance's once-beloved stablecoin. The move comes amid Binance's abandonment of BUSD.
4️⃣ The FTX wallet constantly has notable on-chain actions. On-chain data shows that address wallets associated with FTX recently transferred a significant amount of money to Binance and Coinbase through Wintermute's wallet. Over the past two days, FTX (0x97f) and Alameda Research (0xf02) have transferred a total of $13.35 million to market maker Wintermute (0xde9) wallets on Binance and Coinbase. The ongoing transfers could be related to FTX's $3.4 billion liquidation sale plan, which was approved by a court in September.
🌟 Token Spotlight: Tellor (TRB), a project that unlocks the potential of oracle
Tellor is a decentralized oracle system that helps provide data sources from outside the blockchain to feed and use for smart contracts.
Tellor's network is built for developers, validators, data providers, and token holders. Tellor's ambition is to bring all the data from the real world or traditional industries and put it on-chain.
🤔 What outstanding features does TRB have to help the project thrive in the future?
👉 TRB takes a completely new approach. Instead of setting up PoW to validate transactions like Bitcoin or many popular systems today, TRB chose another piece of land: validating data points from the real world.
👉 TRB has a unique mechanism of action. TRB token holders can negate data points provided by data providers. After 2 days, the network will vote to come to a final decision whether to record the amount of data provided by the data providers.
👉 TRB ensures optimal decentralization. Each miner will not be able to own 2 consecutive blocks. Specifically, the minimum time for miners to continue recording blocks is 15 minutes (about 3 blocks). This will partly ensure the decentralization of the network when there is no single node that can absolutely control the system.
With its unique characteristics and efficient operating mechanism, TRB's development potential is extremely promising.
✅ Right now, users can Buy/Sell TRB through the ONUS app at the best rates and completely free transactions.
✅ TRBVNDC trading pair has been listed on the ONUS Pro exchange with a maximum leverage of up to 25x along with the most attractive trading fees in the market.
#Token_Spotlight #TRB #ONUS #ONUSPro
📢 Announcement: MOBLAND (SYNR) Delisting Plan
Since there is no alternative source of liquidity, the team will proceed to delist MOBLAND (SYNR) on the ONUS app.
Delisting plan:
⏰ If you are currently holding SYNR, please convert this asset to VNDC or USDT before 06:00 AM on October 26, 2023 (UTC) to avoid loss.
⏰ At 06:00 AM on October 26, 2023 (UTC), ONUS will close all features for MOBLAND (SYNR): Off-Chain, Trade and P2P. Users’ SYNR balances will be automatically converted to VNDC at the exchange rate at the time of delisting.
Note:
- In case customers want to withdraw SYNR to their personal wallet, please submit a ticket before 06:00 AM on October 25, 2023 (UTC) for support.
- ONUS only supports users withdrawing assets to their personal wallets if they have a minimum SYNR balance of 100 USDT.
📌 Details: https://goonus.io/en/announcement-mobland-synr-delisting-plan/
🌟 Token Spotlight: Big Time (BIGTIME), a promising GameFi project in 2023
Big Time is a Free-to-play (F2P) action RPG that combines fast-action combat and adventure across time and space.
Big Time Studios has brought to the market a AAA game using advanced blockchain technology. This game belongs to the Multi-action RPG genre with a 3rd person perspective. At the same time, with the open economy, Big Time offers the opportunity to make money thanks to gaming.
🤔 What outstanding features does BIGTIME have to help the project thrive in the future?
👉 BIGTIME is a Free to Play project. Many GameFi require players to pay for NFTs or have a certain initial investment to be able to start making money from the game or even to play the game. But for Big Time, users from the beginning have been able to join the game for free and still be able to earn income from playing games.
👉 BIGTIME has a diverse item system. The game's item system is sorted by rarity and determined by color. In Big Time, players can equip various items for their characters to enhance their stats and fighting ability. These items can be earned by defeating enemies or purchasing them from vendors. Each item has a level, rank, and there may be requirements that must be met before the player can use them.
👉 BIGTIME has an impressive collection. Big Time has two main types of NFTs: Cosmetic NFTs and Utility NFTs. They allow users to customize, upgrade, and repair in-game items. In addition, the game also has an NFT Collection on Binance exchange.
With unique characteristics, novel gameplay, and impressive graphics, BIGTIME's growth potential is extremely promising.
✅ Right now, users can Buy/Sell BIGTIME through the ONUS app at the best rates and completely free transactions.
✅ BIGTIMEVNDC trading pair has been listed on the ONUS Pro exchange with a maximum leverage of up to 25x along with the most attractive trading fees in the market.
#Token_Spotlight #BIGTIME #ONUS #ONUSPro
🔥 Bitcoin skyrocketed 15.24%, surpassing the $34,900 mark
🚀 On October 24, 2023, Bitcoin (BTC) suddenly witnessed a spectacular growth of nearly 10% in value in just one hour, surging from 31,600 USD to 34,741 USD.
Currently Bitcoin is trading at a price of 34,905 USD, up 15.24% compared to 24 hours ago. This is the highest price since the beginning of May 2022.
The market's excitement over the recent wave of Bitcoin spot ETFs could be the reason for Bitcoin's rise. With the backing of Wall Street giants and the SEC's recent legal failures, many investors believe it is only a matter of time before the Bitcoin ETF is approved.
💬 What are investors' current thoughts on the market? Will Bitcoin continue to maintain its position in the coming days? Please share your thoughts with the ONUS community!
📢 Apply Funding Rate Mechanism on ONUS Pro
To mitigate risks for users and the system, the Funding Rate mechanism will be applied to each trading pair sequentially, starting with LINKVNDC, AGLDVNDC, TRBVNDC, RIFVNDC from 08:00 AM UTC on October 23, 2023.
Trading pairs that apply Funding Rate will have a notification displayed on the trading screen.
Detailed 👇
https://pro.goonus.io/en/help-center/announcements/apply-funding-rate-mechanism-on-onus-pro-2
Notable news in the last 24 hours (23/10)
BTC: 30,327 USD | ETH: 1,677 USD| Total market cap: 1,135 billion USD
1️⃣ Solana TVL reached a new yearly high amid SOL's impressive price momentum. Solana's total value of locked assets (TVL) hit a new annual high of around $350 million, reflecting a 12.2% growth in just 24 hours. Solana outperformed rivals such as BSC Chain and Ethereum, continuing a trend that has seen Solana's TVL rise more than 40% since January 1. However, Solana's current TVL remains below the all-time high of more than $10 billion recorded during the 2021 bull run.
2️⃣ Bitcoin Lightning Network developer resigns over security concerns. Bitcoin's Lightning Network developer, Antoine Riard, has resigned after discovering a serious security flaw on the network. Riard said the network is highly vulnerable to alternate cyclic attacks, allowing attackers to exploit inconsistencies in individual mempools and siphon funds. Over the past year, Lightning Network adoption has skyrocketed as major exchanges like Binance integrate scaling solutions.
3️⃣ FTX creditors were warned of the threat of fraud as the SBF criminal trial proceeded. FTX's creditors are facing phishing attacks that promise quick withdrawals of stranded assets following the collapse of the exchange last November. These phishing emails encourage creditors to transfer assets to their wallets, bypassing waiting periods and ongoing bankruptcy proceedings. Representatives for FTX's creditors have voiced warnings about this form of scam.
4️⃣ The SEC rejects the allegations against Ripple executives. The SEC is seeking to dismiss the lawsuit against Ripple executives, following a July ruling in favor of Ripple by not classifying XRP sales as securities. Ripple's chief legal officer called the move a "capitulation," not a settlement, alluding to the potential implications for the broader crypto regulatory framework.
Notable news in the last 24 hours (21/10)
BTC: 29,550 USD | ETH: 1,598 USD| Total market cap: 1,098 billion USD
1️⃣ Tether's new CEO is committed to releasing real-time reserve data. Tether's new CEO, Paolo Ardoino, plans to release Tether's real-time reserve data in 2024 to increase transparency. Tether has faced scrutiny for its support and was fined $41 million by the Commodity Futures Trading Commission (CFTC) in October 2021. Despite the controversy, USDT circulation increased during a difficult market period while the second-largest stablecoin, USDC, declined.
2️⃣ Binance Finds New Payment Partner in Europe. Recently, Binance established a new partnership on fiat payment processing after ending its partnership agreement with Paysafe for the past one month. Binance said it has signed an agreement with a new partner to pay, deposit and withdraw funds in EUR. However, Binance has not announced the exact identities of the new service providers. Representatives of the exchange also declined to disclose further information.
3️⃣ Giant UMG sues company Anthropic AI over copyright distribution claims. Universal Music Group and other publishers sued Anthropic AI for allegedly distributing copyrighted lyrics. The AI model, Claude 2, allegedly generated lyrics resembling popular songs without the necessary licenses. Despite the lawsuit, Anthropic, which is expected to receive significant investment from Amazon, maintains its commitment to AI safety and copyright.
4️⃣ The founder of Ethereum and ConsenSys was sued in a class-action lawsuit. According to information from Bloomberg, Joseph Lubin, co-founder of both popular blockchain projects Ethereum and ConsenSys, has just been sued by a collective of 20 former employees of infrastructure company ConsenSys. In the lawsuit filed on Oct. 19, the group of former ConsenSys employees alleges that Lubin failed to live up to its commitment to distribute shares to them.
Notable news in the last 24 hours (20/10)
BTC: 29,169 USD | ETH: 1,590 USD| Total market cap: 1,088 billion USD
1️⃣ Grayscale continues to push the SEC to approve Bitcoin Spot ETFs. On October 19, 2023, Grayscale, the crypto investment management firm, has officially filed a new application with the U.S. Securities and Exchange Commission (SEC) with the goal of converting their Grayscale Bitcoin Trust (GBTC) into a Bitcoin spot ETF. The move comes as the SEC has balked at its efforts to appeal its lawsuit against Grayscale.
2️⃣ The Aptos network "crashed", stopped working for several hours. Recently, the community discovered that Aptos' network has been down for a significant period of time. Specifically, according to on-chain data on AptosScan, transactions on the Aptos blockchain have been stopped processing at block 104621314. Meanwhile, exchanges such as Upbit and OKX have suspended APT deposits and withdrawals. The project team is now aware of the issue and is working on fixing it.
3️⃣ MEXC was warned by German government authorities. Recently, Germany's Federal Financial Supervisory Authority (BaFin) warned consumers about the MEXC exchange about offering financial services on its website without the necessary permission on Tuesday. They claim that MEXC's cryptocurrency custody service needs to be licensed by BaFin.
4️⃣ A DeFi project on Ethereum has just been drained of its money by hackers. Ethereum decentralized finance (DeFi) protocol Hope Lend recently underwent a serious hack. According to blockchain security firm SlowMist, the Hope Lend protocol recently suffered an attack and hackers took over all deposits in the platform. The amount stolen was 526 ETH, about $825,357.
📣 Voting result: Upgrading ONUS Shares to v4.0
On October 16, 2023, ONUS launched the Voting program with a proposal to upgrade ONUS Shares to version 4.0, expected to apply from the 16th administration cycle.
At 10:00 AM UTC today, October 19, 2023, the Voting portal is officially closed. With the “Agree” rate accounting for 98.32%, ONUS would like to announce that the proposal to upgrade to ONUS Shares v4.0 has been officially approved.
👍 “Yes” Rate: 98.32%, equivalent to 7,989,101 votes
🙅♂️ “No” Rate: 1.68%, equivalent to 136,104 votes
📌 Details: https://goonus.io/en/voting-result-upgrading-onus-shares-to-v4-0/