🚀 Record Number Of Advertisers Plan To Exit X Due To Content Concerns
#Advertisers #ContentConcerns #XPlatform #ElonMusk #AdvertisingSpending #ContentModeration #BrandSafety #FinancialTimes #Kantar #MarketingTrends
According to BlockBeats, a report from the Financial Times on September 5 indicates that a record number of advertisers plan to exit X next year due to concerns about being associated with extreme content. This development poses a significant challenge to Elon Musk's efforts to improve the company's financial situation. A global survey conducted by the analytics group Kantar among industry executives revealed that 26% of marketers intend to reduce their advertising spending on X by 2025, marking the largest decline ever recorded for a major global advertising platform.
Since Musk took over X in 2022 and decided to relax content moderation in the spirit of free speech, major brands have been withdrawing from the platform. The survey highlights a significant drop in advertisers' trust in the platform over the past year, with only 4% of marketers considering advertising on X to be 'brand safe,' compared to 39% for Google.#Advertisers #ContentConcerns #XPlatform #ElonMusk #AdvertisingSpending #ContentModeration #BrandSafety #FinancialTimes #Kantar #MarketingTrends
🚀 Whales Purchase 16,592 AAVE Worth $2.2 Million
#Whales #AAVE #Purchase #Crypto #Blockchain #Investments #Lookonchain
According to BlockBeats, on September 5, Lookonchain monitoring revealed that two whales bought 16,592 AAVE tokens approximately 30 minutes ago. The total value of this purchase is around $2.2 million.#Whales #AAVE #Purchase #Crypto #Blockchain #Investments #Lookonchain
🚀 New Wallets Acquire 16,592 AAVE Worth $2.2 Million
#NewWallets #AAVE #Cryptocurrency #Blockchain #Investment
According to Odaily, monitoring by Lookonchain has revealed that two new wallets have recently acquired a total of 16,592 AAVE tokens. The combined value of these tokens is approximately $2.2 million.#NewWallets #AAVE #Cryptocurrency #Blockchain #Investment
🚀 OpenAI To Release GPT-Next Model With Enhanced Performance
#OpenAI #GPTNext #AIdevelopment #KDDISummit #performanceimprovement #technology #innovation #modelrelease #computationalresources
According to BlockBeats, during the recent KDDI Summit on September 5, Tadao Nagasaki, CEO of OpenAI's Japan subsidiary, revealed that the new generation model, codenamed 'GPT-Next,' is expected to be 100 times more powerful than the current GPT-4 model. The release of GPT-Next is planned for later this year. The significant performance improvement of the GPT-Next model is attributed to its optimized architecture design and enhanced learning efficiency, rather than merely relying on extensive computational resources.
Nagasaki also disclosed that OpenAI currently has fewer than 2,000 employees worldwide, with approximately half of them dedicated to AI development. OpenAI's major clients include prominent companies such as Apple, Coca-Cola, and biotechnology giant Moderna.#OpenAI #GPTNext #AIdevelopment #KDDISummit #performanceimprovement #technology #innovation #modelrelease #computationalresources
🚀 Daylight Launches First Phase Of Testnet
#Daylight #DePIN #testnet #DaylightLumens #BaseSepolia #networkcontributions #fundinground #a16zCrypto
According to Foresight News, DePIN project Daylight has announced the launch of the first phase of its testnet. Users can earn Daylight Lumens by contributing to the network, inviting friends, and participating in social activities. Daylight Lumens are non-transferable tokens on the Base Sepolia testnet, serving as a mechanism to account for network contributions.
Previously, Foresight News reported that Daylight completed a $9 million funding round on August 1, led by a16z Crypto.#Daylight #DePIN #testnet #DaylightLumens #BaseSepolia #networkcontributions #fundinground #a16zCrypto
🚀 Ethereum Supply and Staking Statistics Revealed
#Ethereum #ETH #Etherscan #staking #ProofOfStake #EIP1559 #cryptocurrency #blockchain
According to Odaily, recent data from Etherscan indicates that the current supply of Ethereum (ETH) stands at approximately 122,373,866 coins. Out of this total, around 2,308,375 ETH are staked in the Proof of Stake (PoS) mechanism. Additionally, the implementation of EIP-1559 has resulted in the burning of about 4,367,116 ETH.#Ethereum #ETH #Etherscan #staking #ProofOfStake #EIP1559 #cryptocurrency #blockchain
🚀 Dogwifhat Futures Traders Anticipate Potential Reversal
#Dogwifhat #Solana #cryptocurrency #futurestrading #memecoin #marketreversal #trading #Cointelegraph #OpenInterest #cryptoanalysis #WIF
According to Cointelegraph, futures traders are increasing their positions in Solana-based memecoin Dogwifhat as analysts identify a potential reversal pattern. The cryptocurrency is currently trading 66% below its March all-time high.
Since August 31, Dogwifhat Open Interest (OI) has risen by 16% to $231.48 million, based on CoinGlass data. Despite this, Dogwifhat's price has dropped 17% since August 25, now trading at $1.57 and remaining below $1.90 for the past ten days, according to CoinMarketCap data. Some traders believe the price is poised for a rebound to $2.40, a level not seen since July 30, representing a 52.80% increase from its current price.
Pseudonymous crypto analyst Bluntz noted a #Dogwifhat #Solana #cryptocurrency #futurestrading #memecoin #marketreversal #trading #Cointelegraph #OpenInterest #cryptoanalysis #WIF
🚀 Ethereum(ETH) Drops Below 2,400 USDT with a Narrowed 1.18% Increase in 24 Hours
#Ethereum #ETH #USDT #crypto #cryptocurrency #Binance #marketdata #priceupdate #trading
On Sep 05, 2024, 06:22 AM(UTC). According to Binance Market Data, Ethereum has dropped below 2,400 USDT and is now trading at 2,397.949951 USDT, with a narrowed narrowed 1.18% increase in 24 hours.#Ethereum #ETH #USDT #crypto #cryptocurrency #Binance #marketdata #priceupdate #trading
🚀 Monochrome Bitcoin ETF Holdings Reach 134 BTC by August 29
#Bitcoin #ETF #Monochrome #IBTC #Crypto #Investments #Australia
According to Odaily, the official report indicates that the Australian Monochrome Spot Bitcoin ETF (IBTC) has reached a holding of 134 BTC as of August 29.#Bitcoin #ETF #Monochrome #IBTC #Crypto #Investments #Australia
🚀 NBA Star Jaylen Brown's X Account Allegedly Hacked, Promotes CHUB Token
#JaylenBrown #NBAStr #Celtics #hacked #CHUBtoken #cryptocurrency #socialmedia #scamalert
According to Foresight News, Boston Celtics star Jaylen Brown's X account appears to have been hacked. The compromised account has been used to post multiple messages promoting the purchase of CHUB tokens. Users are advised to exercise caution and be aware of potential risks associated with these posts.#JaylenBrown #NBAStr #Celtics #hacked #CHUBtoken #cryptocurrency #socialmedia #scamalert
🚀 US Job Openings Drop To Lowest Level Since 2021, Layoffs Increase
#JobOpenings #Layoffs #InterestRates #Bitcoin #Ethereum #Volatility #TradingStrategy #ETF #MarketAnalysis #Cryptocurrency
According to Odaily, QCP Capital has reported on its Telegram channel that U.S. job openings have fallen to their lowest level since January 2021, while layoffs have risen to their highest level since March 2023. The market is pricing in a 50% probability of a 50 basis point rate cut in September and expects a total of 4.5 rate cuts in 2024. During active trading hours in the U.S., Bitcoin (BTC) rose to $58,500, and Ethereum (ETH) approached $2,500. However, during active trading hours in the Asian market, BTC fell to $57,000, and ETH retreated to $2,400. Overnight, BTC spot ETF outflows were the lowest in the past six trading days, amounting to $37.5 million. There is speculation on whether ETF inflows during U.S. trading hours will support prices. This week, front-end volatility remains high, with BTC volatility rising by 6% from its lowest level this week. Considering yesterday's VMI signal, high volatility is expected to persist. Trading strategy: lock in profits ahead of the upcoming rate cuts. Yield bundling: annualized 25.5% (deploying $3,493 per $100,000). Basis + selling 50,000/49,000 spot short 10.8 times and 67,000/68,000 call options 10.8 times (expiry date: October 25). Downside risk: if the spot price is below $49,000 or above $68,000 at expiry, the maximum loss is $6,460. Spot reference price: $57,100.#JobOpenings #Layoffs #InterestRates #Bitcoin #Ethereum #Volatility #TradingStrategy #ETF #MarketAnalysis #Cryptocurrency
🚀 Aptos Labs Introduces New Consensus Protocol Raptr
#AptosLabs #Raptr #ConsensusProtocol #DAG #Blockchain #TransactionThroughput #Latency #Cryptocurrency #APT
According to Foresight News, Aptos Labs' Head of Research, Alexander Spiegelman, has announced the launch of a new consensus protocol named Raptr. This protocol integrates Directed Acyclic Graph (DAG) technology to achieve high transaction throughput while maintaining optimal theoretical latency. Spiegelman stated that the deployment of Raptr will occur in two phases, with the first phase set to be released soon.#AptosLabs #Raptr #ConsensusProtocol #DAG #Blockchain #TransactionThroughput #Latency #Cryptocurrency #APT
🚀 Monochrome Submits Application For Ethereum ETF Listing On Cboe Australia
#Monochrome #Ethereum #ETF #CboeAustralia #VascoTrustees #cryptocurrency #investment
According to Odaily, Monochrome Asset Management has announced that it has submitted an application for the listing of its Monochrome Ethereum ETF (IETH) on the Cboe Australia Exchange. This submission was made in collaboration with its responsible entity partner, Vasco Trustees Limited. The IETH ETF aims to provide retail investors with a regulated opportunity to invest in Ethereum, the second-largest cryptocurrency by market capitalization. The ETF will passively hold Ethereum and will feature a dual access mechanism, allowing investors to make cash and in-kind subscriptions and redemptions. Upon receiving listing approval, Monochrome expects IETH to be available for trading on major brokerage platforms by the end of September 2024.#Monochrome #Ethereum #ETF #CboeAustralia #VascoTrustees #cryptocurrency #investment
🚀 Grass Asia-Pacific Director Addresses Network Activity Concerns
#Grass #AsiaPacific #NetworkActivity #UserSupport #Odaily
According to Odaily, Dan, the Asia-Pacific Director of Grass, announced on social media that users experiencing abnormal network activity can submit a form to appeal. The support team will investigate the issue and respond as soon as possible.#Grass #AsiaPacific #NetworkActivity #UserSupport #Odaily
🚀 Cosmos Hub Teases Upcoming Major Announcement
#CosmosHub #MajorAnnouncement #FORGE #ApplicationChain #Cryptocurrency #Blockchain #ATOM
According to Foresight News, Cosmos Hub has hinted at a significant upcoming announcement. In a recent tweet, the official Cosmos Hub account urged followers to 'get ready for big news' that is 'coming soon.' The tweet included an image with the text 'FORGE, Application Chain Creation Platform.'#CosmosHub #MajorAnnouncement #FORGE #ApplicationChain #Cryptocurrency #Blockchain #ATOM
🚀 Three Arrows Capital Co-Founder Zhu Su Writing Crypto-Themed Short Drama
#ZhuSu #ThreeArrowsCapital #CryptoDrama #DeFi #NorthKoreanHackers #Courchevel #SkiResort #ShortFilm
According to BlockBeats, on September 5, Three Arrows Capital co-founder Zhu Su announced on social media that he is currently writing a script for a crypto-themed short drama. The plot revolves around North Korean hackers who develop a DeFi project in Courchevel during the winter season.
Initially, the protagonist is focused on working hard, but his life takes a turn when he falls in love with an unassuming community member, or so he believes. From that moment, everything changes.
BlockBeats notes that Courchevel is a renowned ski resort located in the French Alps.#ZhuSu #ThreeArrowsCapital #CryptoDrama #DeFi #NorthKoreanHackers #Courchevel #SkiResort #ShortFilm
🚀 Smart Money Address Profits From VISTA Transactions
#SmartMoney #VISTA #Cryptocurrency #Investment #Profit #Tokenomics #Trading
According to Odaily, monitoring by The Data Nerd revealed that a smart money address purchased 15,700 VISTA tokens at an average price of $0.96 each. Subsequently, the address exchanged 5,600 VISTA tokens for $117,000, realizing a profit of approximately $102,000. Currently, the address still holds 10,100 VISTA tokens, valued at around $311,000, making it one of the top eight holders.#SmartMoney #VISTA #Cryptocurrency #Investment #Profit #Tokenomics #Trading
🚀 Flow Mainnet Upgrade Successfully Completed
#Flow #MainnetUpgrade #Blockchain #Odaily #Crypto #FLOW
According to Odaily, Flow has announced on Platform X that the upgrade of its mainnet has been successfully completed. The upgrade began at block height 85,981,135.#Flow #MainnetUpgrade #Blockchain #Odaily #Crypto #FLOW
🚀 GMX Launches GLV Liquidity Vault for Enhanced Market Efficiency
#GMX #GLV #LiquidityVault #MarketEfficiency #DecentralizedFinance #DerivativesProtocol #Trading #LiquidityProviders #ETH #USDC
According to Foresight News, decentralized derivatives protocol GMX has introduced the GMX Liquidity Vault (GLV). The GLV is designed to automatically rebalance GMX Market Pool tokens (GM tokens), generating fees through leveraged trading and swaps across all related markets. The vault dynamically allocates its liquidity to the GM pool based on utilization and demand, ensuring that liquidity flows to the markets where it is most needed. This mechanism aims to provide deep liquidity for traders and higher capital efficiency for liquidity providers (LPs). The first vault to be launched is the GLV [WETH-USDC], which allows users to purchase using ETH, USDC, or any of the seven underlying GM tokens.#GMX #GLV #LiquidityVault #MarketEfficiency #DecentralizedFinance #DerivativesProtocol #Trading #LiquidityProviders #ETH #USDC
🚀 Aperture Finance Launches Market-Making As A Service Suite
#ApertureFinance #MarketMaking #Liquidity #DeFi #Blockchain #Crypto #MaaS #OnChain #RiskManagement #MarketPerformance
According to Odaily, Aperture Finance has announced the launch of its Market-Making as a Service (MaaS) suite on platform X. This new suite aims to enhance on-chain liquidity for protocol owners at any stage of their development. The suite includes several advanced features designed to optimize liquidity management and market performance. These features encompass customizable liquidity supply strategies, real-time market analysis and response mechanisms, advanced risk management tools, and scalable solutions that grow with the protocol's needs.#ApertureFinance #MarketMaking #Liquidity #DeFi #Blockchain #Crypto #MaaS #OnChain #RiskManagement #MarketPerformance