🚀 1131 Million APT Tokens to Be Unlocked on October 12
#APT #TokenUnlock #cryptocurrency #blockchain #October12
According to BlockBeats, data from Token Unlock indicates that 11.31 million APT tokens will be unlocked on October 12 at 3:59 AM UTC+8. The value of these tokens is approximately $100 million, representing 2.25% of the current circulating supply.#APT #TokenUnlock #cryptocurrency #blockchain #October12
🚀 Hippo Surpasses Moodeng In Market Value
#Hippo #Moodeng #MarketValue #Sui #Solana #Cryptocurrency #MemeProject
According to Foresight News, data from CoinMarketCap (CMC) indicates that the market capitalization of the Meme project HIPPO on the Sui blockchain has surpassed that of the Meme project MOODENG on the Solana blockchain. HIPPO's market value is approximately $143 million, while MOODENG's market value stands at around $135 million.#Hippo #Moodeng #MarketValue #Sui #Solana #Cryptocurrency #MemeProject
🚀 Peter Schiff Warns Of Economic Collapse And Financial Losses
#PeterSchiff #EconomicCollapse #FinancialLosses #FalseEconomy #DebtCrisis #FederalReserve #GovernmentPolicies #2008Crisis #EconomicBubble #CurrencyDevaluation #EconomicStability
According to PANews, economist and gold advocate Peter Schiff has issued a warning that restoring the real economy will require the collapse of the 'false economy,' which will result in significant financial losses for many. He emphasized that the alternative is worse, as it would lead to currency devaluation. Schiff criticized government and Federal Reserve policies, particularly following the 2008 financial crisis, and warned that today's debt-driven economic bubble is larger than ever before. He pointed out that after the financial crisis, the government did not learn its lesson, and the Federal Reserve did not acknowledge its role in the crisis, continuing to implement measures that led to the crisis.
Schiff believes the current economic situation is more severe, with higher debt levels and a larger bubble. He stated, 'Our debt now far exceeds that of 2008, the bubble is bigger, and it involves more than just residential housing. We are on the brink of a greater economic crisis, and this time there may be no bailout measures.' Looking ahead, Schiff stressed the necessity of allowing the 'false economy' to collapse to return to a more stable system, acknowledging that this process will be painful.#PeterSchiff #EconomicCollapse #FinancialLosses #FalseEconomy #DebtCrisis #FederalReserve #GovernmentPolicies #2008Crisis #EconomicBubble #CurrencyDevaluation #EconomicStability
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🚀 UAE Exempts Digital Asset Transfers And Conversions From VAT
#UAE #DigitalAssets #VATExemption #Cryptocurrency #VirtualAssets #InvestmentFunds #TaxRegulations #VARA #VASPs #FinancialRegulation #PwC #InputVATRecovery #CryptoMarketing
According to Cointelegraph, the United Arab Emirates (UAE) has introduced amendments to its value-added tax (VAT) regulations, exempting transfers and conversions of digital assets, including cryptocurrencies. The UAE’s Federal Tax Authority (FTA) published these changes on October 2, with the new rules also covering VAT exemptions for managing investment funds and other virtual asset services. These exemptions will be applied retrospectively from January 1, 2018, as noted by business consultancy PwC.
PwC explained that in the UAE, virtual assets are defined as representations of value that can be digitally traded or converted and used for investment purposes, excluding fiat currencies and financial securities. The auditing firm advised businesses dealing with virtual assets to review their retrospective VAT positions and pay special attention to input tax recovery. UAE-based bookkeeping and tax company Finanshels highlighted that input VAT recovery allows registered businesses to claim back VAT paid on eligible business purchases. PwC also mentioned that correcting historic returns might require voluntary disclosures from virtual asset companies.
In addition to VAT exemptions, the UAE has been enhancing its regulations on virtual assets. On September 9, Dubai’s Virtual Asset Regulatory Authority (VARA) and the Securities and Commodities Authority (SCA), the UAE’s federal financial agency, agreed to mutually supervise virtual asset service providers (VASPs). This agreement allows VASPs operating in Dubai to acquire a license from VARA and service the wider UAE by being registered with the SCA by default. Furthermore, VARA has tightened its rules on crypto marketing. On September 26, the regulator mandated that firms promoting digital asset investments include a prominent disclaimer stating that virtual assets may lose their value in full or in part and are subject to extreme volatility.#UAE #DigitalAssets #VATExemption #Cryptocurrency #VirtualAssets #InvestmentFunds #TaxRegulations #VARA #VASPs #FinancialRegulation #PwC #InputVATRecovery #CryptoMarketing
🚀 Cryptocurrency Fear And Greed Index Reaches Neutral State
#Cryptocurrency #FearAndGreedIndex #NeutralState #MarketAnalysis
According to Foresight News, data from Alternative.me indicates that the Cryptocurrency Fear and Greed Index has risen to 50 today. This marks an increase from yesterday's index of 49, which was also in a neutral state. The current index suggests that the market remains in a neutral position.#Cryptocurrency #FearAndGreedIndex #NeutralState #MarketAnalysis
🚀 Bitcoin Faces Potential Selling Pressure As Hodlers Take Profits
#Bitcoin #BTC #Hodlers #Profits #CryptoQuant #SellingPressure #MarketActivity #ShortTermHolders #ExchangeWithdrawals #InvestmentRisk
According to Cointelegraph, Bitcoin (BTC) is experiencing potential selling pressure as the dollar value of long-term holders' (LTHs) BTC exposure decreases significantly. New research by onchain analytics platform CryptoQuant indicates that while seasoned hodlers are reducing their risk, speculators are stepping in to increase their stakes in BTC.
CryptoQuant's analysis of the net position change of LTH entities, defined as those holding BTC for 155 days or more, shows a sharp decrease in their BTC exposure. The LTH realized cap has dropped by $6 billion, from $19 billion to $12 billion, suggesting that long-term holders are likely taking profits or closing buying positions. This trend is highlighted by contributor Amr Taha in one of the platform's Quicktake blog posts.
In contrast, short-term holders (STHs), who hold BTC for up to 155 days, are increasing their market activity. The STH realized cap has seen a sharp increase of $6 billion, moving from -$17 billion to -$11 billion, indicating that these speculators are taking on more risk or increasing their buying positions.
Additional findings from CryptoQuant confirm a close interaction between the realized price of all BTC moving between one day and one week ago and the Bitcoin spot price. At the time of writing, the one-day to one-week realized price was $62,080, nearly identical to the spot BTC/USD price. This close interaction suggests that traders are closely monitoring this level, and multiple rejections at this price point could imply weakening momentum, potentially leading to short-term corrections.
Earlier reports from Cointelegraph noted a recent surge in exchange withdrawals, marking Bitcoin's largest since November 2022, during the last bear market. This article does not provide investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making decisions.#Bitcoin #BTC #Hodlers #Profits #CryptoQuant #SellingPressure #MarketActivity #ShortTermHolders #ExchangeWithdrawals #InvestmentRisk
🚀 Solana-Based Meme Token GIGA Market Cap Surpasses $420 Million
#Solana #MemeToken #GIGA #MarketCap #Investing #Cryptocurrency #PriceIncrease #RiskManagement
According to BlockBeats, as of October 6, the market capitalization of the Solana-based meme token GIGA has exceeded $420 million, currently standing at $421 million. The token's price is reported at $0.04386, reflecting an 8.85% increase over the past 24 hours.
BlockBeats advises users to exercise caution when dealing with meme tokens, as they typically lack practical use cases. Investors are urged to carefully assess the risks associated with such investments.#Solana #MemeToken #GIGA #MarketCap #Investing #Cryptocurrency #PriceIncrease #RiskManagement
🚀 Bitcoin Long-Term Holders Reduce Positions As Short-Term Holders Surge
#Bitcoin #LongTermHolders #ShortTermHolders #CryptoQuant #MarketAnalysis #Investing #BTC
According to Odaily, an analysis by CryptoQuant reveals that Bitcoin long-term holders, defined as those holding for more than 155 days, have been reducing their positions. Recently, their holdings have decreased from $19 billion to $12 billion. In contrast, short-term holders have seen a significant increase in their positions, with a recent surge of $6 billion.#Bitcoin #LongTermHolders #ShortTermHolders #CryptoQuant #MarketAnalysis #Investing #BTC
🚀 Eigenlayer To Unlock $31 Million Worth Of Tokens
#Eigenlayer #EIGEN #tokens #unlocking #cryptocurrency #whalesale #ScopeScan #circulatingsupply
According to Odaily, Scopescan revealed on the X platform that a whale sold its EIGEN holdings at an average price of $3.2, despite having purchased them at an average cost of $3.5. Additionally, Scopescan disclosed that $31 million worth of EIGEN tokens are set to be unlocked in the next two days.
The unlocking information indicates that Eigenlayer (EIGEN) plans to unlock approximately 9.93 million tokens at 3:00 AM UTC+8 on October 9. This amount represents 5.32% of the current circulating supply.#Eigenlayer #EIGEN #tokens #unlocking #cryptocurrency #whalesale #ScopeScan #circulatingsupply
🚀 HIVE Digital Reports September Bitcoin Production And Holdings Growth
#HIVE #Bitcoin #BitcoinProduction #BitcoinHoldings #CryptoNews #BTC
According to PANews, HIVE Digital has released its financial report for September, revealing the production of 112 Bitcoins during the month. The report also indicates that the company's total Bitcoin holdings have reached 2,604, marking a 50% increase over the past 12 months.#HIVE #Bitcoin #BitcoinProduction #BitcoinHoldings #CryptoNews #BTC
🚀 Tether Marks 10th Anniversary With Documentary On USDT's Role In Combating Inflation
#Tether #USDT #Inflation #Cryptocurrency #Stablecoin #FinancialInclusion #Blockchain #Brazil #Documentary #10thAnniversary
According to Cointelegraph, stablecoin issuer Tether has announced the release of a documentary on its 10th anniversary, highlighting the impact of USDT in fighting inflation. The documentary trailer features interviews with users from countries like Turkey, Brazil, and Argentina, where high inflation rates are prevalent. The film aims to showcase USDT as a tool similar to the US dollar, with one interviewee noting that in Brazil, “Tether with USDT is like 90% of the transactions that Brazil makes during the day.” In 2023, USDT adoption in Brazil surged, accounting for 80% of all crypto transactions in the country.
Tether’s journey began on October 6, 2014, when its first tokens were launched by entrepreneur Brock Pierce, Reeve Collins, and software engineer Craig Sellars. Initially branded as Realcoin, the project rebranded to Tether, offering tokens that represent fiat currencies at a 1:1 ratio, facilitating global asset transfers via blockchain technology. Originally built on the OmniLayer platform on the Bitcoin protocol, USDT has since expanded to multiple blockchains, including Ethereum, Tron, and The Open Network. With a market capitalization of $120 billion, USDT remains the largest stablecoin by market cap and the third-largest cryptocurrency overall, following Bitcoin (BTC) and Ether (ETH).
Tether CEO Paolo Ardoino emphasized the company's commitment to financial inclusion, particularly for those “left behind” by traditional banking systems. In a post on X, Ardoino described Tether as a “symbol of disintermediation, resilience, and stability,” focusing on empowering people, communities, and entire countries. He highlighted that Tether aims to provide financial technology for individuals in developing countries who lack access to bank accounts due to insufficient revenue generation for traditional banks.#Tether #USDT #Inflation #Cryptocurrency #Stablecoin #FinancialInclusion #Blockchain #Brazil #Documentary #10thAnniversary
🚀 UniSat Releases Q4 Roadmap With Key Updates
#UniSat #Roadmap #Updates #DigitalAssets #Runes #CAT20 #Marketplace #FBVoting #PizzaSwap #BRC20 #zkAtomicSwap #CATProtocol
According to Odaily, UniSat has unveiled its roadmap for the fourth quarter, detailing significant updates and new features scheduled for release over the next three months. The roadmap outlines the following key developments:
In October, UniSat plans to activate Runes, introduce CAT20 recognition and transmission, and launch the CAT Marketplace. These updates aim to enhance the platform's functionality and user experience, providing more robust tools for users to interact with digital assets.
November will see the introduction of FB voting, a major update to PizzaSwap, and optimizations for BRC-20, Runes, and CAT20. These enhancements are expected to improve the efficiency and performance of the platform, offering users more streamlined and effective ways to manage their digital assets.
In December, UniSat will roll out zkAtomicSwap, an effective atomic swap solution, along with advanced support for the CAT protocol and another significant update to PizzaSwap. These updates are designed to further bolster the platform's capabilities, ensuring secure and efficient transactions for users.#UniSat #Roadmap #Updates #DigitalAssets #Runes #CAT20 #Marketplace #FBVoting #PizzaSwap #BRC20 #zkAtomicSwap #CATProtocol
🚀 Fractal Bitcoin Releases Q4 2024 Roadmap
#FractalBitcoin #Q42024 #Roadmap #DigitalAssets #UniSat #CAT20 #TrustlessTrading #RetrospectiveFunding #Voting #Governance #PizzaSwap #Decentralized #CommunityDriven #zkAtomicSwap #CATProtocols #MainnetUpgrade
According to BlockBeats, on October 6, Fractal Bitcoin unveiled its roadmap for the fourth quarter of 2024. The roadmap outlines significant developments and upgrades planned for the upcoming months.
In October, Fractal Bitcoin plans to activate Runes, introduce CAT20 indexing and transfers in the UniSat wallet, launch a trustless CAT20 trading market, and initiate the first season of retrospective funding. These steps aim to enhance the functionality and security of the platform, providing users with more robust and efficient tools for managing their digital assets.
November will see the implementation of Fractal voting and governance mechanisms, along with upgrades and performance optimizations for PizzaSwap. These enhancements are expected to improve user experience and streamline operations within the ecosystem, fostering a more decentralized and community-driven environment.
In December, Fractal Bitcoin aims to achieve zkAtomicSwap, support advanced CAT protocols, and upgrade the PizzaSwap mainnet. These advancements are designed to bolster the platform's capabilities, ensuring seamless and secure transactions while expanding the range of supported protocols and features.#FractalBitcoin #Q42024 #Roadmap #DigitalAssets #UniSat #CAT20 #TrustlessTrading #RetrospectiveFunding #Voting #Governance #PizzaSwap #Decentralized #CommunityDriven #zkAtomicSwap #CATProtocols #MainnetUpgrade
🚀 IMF Recommends El Salvador Narrow Bitcoin Law Scope
#IMF #ElSalvador #Bitcoin #RegulatoryOversight #LoanProgram #EconomicReforms #CryptoPolicy
According to PANews, the International Monetary Fund (IMF) has advised El Salvador to narrow the scope of its Bitcoin law and enhance regulatory oversight amid ongoing discussions about a potential loan program. The IMF has expressed concerns about the risks associated with El Salvador's adoption of Bitcoin, which has become a significant topic in the new loan program negotiations. The aim of these discussions is to establish a policy framework that will help boost productivity and strengthen economic reforms.#IMF #ElSalvador #Bitcoin #RegulatoryOversight #LoanProgram #EconomicReforms #CryptoPolicy
🚀 🔥 Tokens Including APT, EIGEN, and NEON to Undergo Large Unlocks Next Week 🔥
#APT #EIGEN #NEON #ADA #XAI #MODE #IO #ENA #HFT #GLMR
PANews reported on October 6 that data from Token Unlocks indicates tokens like APT, EIGEN, and others will experience significant unlocks next week, totaling over $200 million in value. Details are as follows:Aptos (APT) will unlock approximately 11.31 million tokens at 7:59 PM UTC on October 11, accounting for 2.25% of the current circulating supply, valued at about $103 million.Eigenlayer (EIGEN) will unlock approximately 9.93 million tokens at 7:00 PM UTC on October 8, accounting for 5.32% of the current circulating supply, valued at about $35.8 million.Neon (NEON) will unlock approximately 53.91 million tokens at 12:00 AM UTC on October 7, accounting for 93.43% of the current circulating supply, valued at about $18.7 million.Cardano (ADA) will unlock approximately 18.53 million tokens at 12:00 AM UTC on October 7, accounting for 0.05% of the current circulating supply, valued at about $6.5 million.Xai (XAI) will unlock approximately 35.88 million tokens at 9:30 AM UTC on October 9, accounting for 6.20% of the current circulating supply, valued at about $7.2 million.Mode (MODE) will unlock 500,000 tokens at 12:00 AM UTC on October 7, accounting for 38.64% of the current circulating supply, valued at about $5.6 million.io.net (IO) will unlock approximately 2.11 million tokens at 12:00 PM UTC on October 11, accounting for 2.22% of the current circulating supply, valued at about $3.7 million.Ethena (ENA) will unlock approximately 12.86 million tokens at 7:00 AM UTC on October 9, accounting for 0.47% of the current circulating supply, valued at about $4 million.Hashflow (HFT) will unlock approximately 13.62 million tokens at 12:00 AM UTC on October 7, accounting for 2.99% of the current circulating supply, valued at about $2 million.Moonbeam (GLMR) will unlock approximately 3.04 million tokens at 12:00 AM UTC on October 11, accounting for 0.34% of the current circulating supply, valued at about $500,000.#APT #EIGEN #NEON #ADA #XAI #MODE #IO #ENA #HFT #GLMR
🚀 Ethereum Mainnet Fees Hit Record Low After Dencun Upgrade
#Ethereum #DencunUpgrade #L2Transactions #EIP4844 #Blockchain #CryptoFees #ETH
According to BlockBeats, on October 6, data from IntoTheBlock revealed that following the Dencun upgrade, Ethereum mainnet fees have reached a historic low due to a surge in Layer 2 (L2) transactions. The implementation of EIP-4844 has reduced L2 costs by tenfold, leading to a record number of transactions.
However, the reduction in the amount of Ethereum being burned has caused ETH to shift from a deflationary to an inflationary state.#Ethereum #DencunUpgrade #L2Transactions #EIP4844 #Blockchain #CryptoFees #ETH
🚀 🔥 Next Week's Macroeconomic Preview: Fed Minutes, CPI Data, and Key Speeches 🔥
#MacroeconomicPreview #FedMinutes #CPIData #Inflation #InterestRates #EconomicIndicators #JoblessClaims #PPI #ConsumerSentiment #FederalReserve
According to Jin10, multiple Federal Reserve officials are scheduled to deliver speeches in the coming week, and the Consumer Price Index (CPI) data may support slowing the pace of interest rate cuts. Investors will focus on the Federal Reserve's meeting minutes, U.S. September inflation data, and other key events. Here are the macroeconomic highlights that the market will closely watch in the new week (all times are in UTC+0):Wednesday, October 116:00 PM: The Federal Reserve releases its monetary policy meeting minutes.Thursday, October 1212:30 PM: Release of the U.S. September Consumer Price Index (CPI) year-over-year and month-over-month data.12:30 PM: Release of the U.S. Initial Jobless Claims for the week ending October 7.Friday, October 1312:30 PM: Release of the U.S. September Producer Price Index (PPI) year-over-year and month-over-month data.2:00 PM: Release of the preliminary University of Michigan Consumer Sentiment Index for October.#MacroeconomicPreview #FedMinutes #CPIData #Inflation #InterestRates #EconomicIndicators #JoblessClaims #PPI #ConsumerSentiment #FederalReserve
🚀 Crypto Companies Raise $823 Million In September
#Crypto #Funding #Investment #DeFi #TokenSales #Ecosystem #Humanode #SybilResistance #Blockchain #September2023 #TIA #TON
According to Blockworks, crypto companies raised a total of $823 million in September, distributed across 200 different companies. Leading the list was Celestia’s ecosystem fundraise of $100 million, followed by Infinex, which raised $65 million through public token sales. Strategic funding, such as Celestia’s, contributed significantly to the total amount, bolstered by TON Foundation’s ecosystem fundraises. However, seed rounds were the most common, with 41 companies securing seed funding last month, according to TIE data.
DeFi companies also saw substantial funding, with 33 companies announcing raises. Despite this, Protocol Development led in terms of total funds raised, accumulating $192 million. As October begins, the funding landscape appears quieter, with only a few token unlocks anticipated later in the month.
In a related development, Humanode has launched an Ecosystem Funding Program worth $10 million, aimed at supporting and nurturing the next generation of Sybil-resistant projects on its chain. The program will initially focus on consumer dapps with the potential to reach one million unique users. Humanode plans to collaborate with selected projects, offering not only funding but also technical, media, and community-building support. The team, including the founders and other core members, will assist these projects throughout the process.
Dato Kavazi, co-founder of Humanode, emphasized the importance of investing in people and projects that understand the value of Sybil-resistance in their dapps. The goal is to support projects that have the drive and potential to make a significant impact in the industry.#Crypto #Funding #Investment #DeFi #TokenSales #Ecosystem #Humanode #SybilResistance #Blockchain #September2023 #TIA #TON
🚀 BNB Surpasses 570 USDT with a 1.44% Increase in 24 Hours
#BNB #USDT #Binance #cryptocurrency #marketdata #trading #priceincrease
On Oct 06, 2024, 23:22 PM(UTC). According to Binance Market Data, BNB has crossed the 570 USDT benchmark and is now trading at 570.5 USDT, with a narrowed 1.44% increase in 24 hours.#BNB #USDT #Binance #cryptocurrency #marketdata #trading #priceincrease
🚀 Bitcoin(BTC) Surpasses 63,000 USDT with a 1.89% Increase in 24 Hours
#Bitcoin #BTC #USDT #cryptocurrency #trading #Binance #marketdata #priceincrease
On Oct 07, 2024, 00:39 AM(UTC). According to Binance Market Data, Bitcoin has crossed the 63,000 USDT benchmark and is now trading at 63,078.75 USDT, with a narrowed 1.89% increase in 24 hours.#Bitcoin #BTC #USDT #cryptocurrency #trading #Binance #marketdata #priceincrease
🚀 Whale Gains $4.36 Million From POPCAT In One Month
#Whale #POPCAT #Profit #Blockchain #Cryptocurrency #Investment #ReturnRate
According to PANews, a whale has made a profit of $4.36 million from POPCAT within a month, achieving a return rate of 106%. Monitoring by Lookonchain revealed that the address purchased 6.11 million POPCAT tokens on September 12 and 13 at a price of $0.68 each. The current value of these tokens has now reached $8.49 million.#Whale #POPCAT #Profit #Blockchain #Cryptocurrency #Investment #ReturnRate