🚀 Curve Founder Extends veCRV Lock-Up Period Until 2028
#Curve #veCRV #lockup #MichaelEgorov #crypto #2028
According to Odaily, Curve founder Michael Egorov has announced on the X platform that he will extend the lock-up period for his veCRV holdings until August 31, 2028.#Curve #veCRV #lockup #MichaelEgorov #crypto #2028
🚀 BlackRock IBIT Pre-Market Trading Volume Reaches $16 Million
#BlackRock #IBIT #PreMarketTrading #TradingVolume #BuyOrders #SellOrders
According to Odaily, data from Trader T indicates that BlackRock IBIT's pre-market trading volume today reached $16 million. Of this volume, 38% consisted of active buy orders, while 37% were active sell orders.#BlackRock #IBIT #PreMarketTrading #TradingVolume #BuyOrders #SellOrders
🚀 Sonic Labs Launches Testnet
#SonicLabs #testnet #blockchain #Fantom #innovation #technology #developers
According to Odaily, Sonic Labs, formerly known as Fantom, has announced the launch of its testnet on the X platform. This development marks a significant milestone for the company as it continues to advance its blockchain technology. The testnet launch is expected to provide valuable insights and feedback that will help Sonic Labs refine and improve its offerings. The company encourages users and developers to participate in the testnet and provide their input to ensure a robust and efficient final product. This initiative is part of Sonic Labs' ongoing efforts to innovate and enhance its blockchain solutions.#SonicLabs #testnet #blockchain #Fantom #innovation #technology #developers
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🚀 Seedify Announces Next IDO Project NOTAI
#Seedify #NOTAI #IDO #blockchain #cryptocurrency #tokenomics #BEP20 #cryptoevents
According to Odaily, blockchain incubation platform Seedify has revealed that NOTAI will be its next Initial DEX Offering (IDO) project. The total supply of NOTAI tokens (BEP-20) is set at 100 billion, with an initial market value estimated at approximately $884,700. The public round of the IDO is scheduled to take place from September 12 to 13, 2024, with the token price set at $0.00009 and an allocation limit of $450,000.#Seedify #NOTAI #IDO #blockchain #cryptocurrency #tokenomics #BEP20 #cryptoevents
🚀 Ethereum To Bitcoin Exchange Rate Hits Lowest Point Since April 2021
#Ethereum #Bitcoin #CryptoQuant #ETHBTC #Blockchain #Cryptocurrency #MarketAnalysis
According to Odaily, CryptoQuant has reported on the X platform that since the Ethereum merge in September 2022, the ETH/BTC exchange rate has declined by 44%. The current ETH/BTC rate has dropped to 0.0425, marking its lowest level since April 2021.#Ethereum #Bitcoin #CryptoQuant #ETHBTC #Blockchain #Cryptocurrency #MarketAnalysis
🚀 STEPN Founder Announces Compensation for Affected Users
#STEPN #compensation #GGTtokens #DOOAR #NFT #JerryHuang #users #trading #cryptocurrency #token
According to Odaily, STEPN founder Jerry Huang announced on the X platform that genuine STEPN GO users will be compensated. Huang noted that the test GGT tokens were not intended for public trading, but due to an error, these tokens were visible on the DOOAR platform from 18:27:38 to 18:38:13 UTC+8 on September 6, 2024. The STEPN team will compensate users who incurred losses during this period. Users holding FSL IDs and who purchased the test GGT tokens will receive a special edition NFT from the development team, named 'Apologies from Jerry,' featuring a unique cat cartoon design to express gratitude to loyal users. Huang emphasized that this NFT is an additional gift for genuine users trading on the DOOAR platform and does not affect the compensation plan. He also reminded users to avoid trading any tokens before official confirmation from the platform, as losses from unannounced token trades will not be compensated.#STEPN #compensation #GGTtokens #DOOAR #NFT #JerryHuang #users #trading #cryptocurrency #token
🚀 Telegram Reaches 10 Million Paid Users, Introduces New Features
#Telegram #PaidUsers #NewFeatures #UserFeedback #SecurityConcerns #NearbyMerchants #Business #ProductCatalogs #Payments #Telegraph #UserExperience
According to Odaily, Telegram has achieved a milestone of 10 million paid users, as disclosed by Du Rove's Telegram channel. In response to user feedback and security concerns, Telegram has removed the 'People Nearby' feature, which was utilized by less than 0.1% of its user base and had issues with bots and scammers. To replace it, Telegram will introduce a 'Nearby Merchants' feature, showcasing legitimate and verified businesses. These businesses will be able to seamlessly display product catalogs and accept payments directly through the platform.
Additionally, Telegram has disabled the ability to upload new media to the independent blogging tool Telegraph. This decision comes after the tool was reportedly misused by anonymous actors. The changes aim to enhance user experience and security on the platform.#Telegram #PaidUsers #NewFeatures #UserFeedback #SecurityConcerns #NearbyMerchants #Business #ProductCatalogs #Payments #Telegraph #UserExperience
🚀 Russia Legalizes Bitcoin Mining, Boosting Investor Interest and Tax Revenue
#Russia #Bitcoin #Mining #Cryptocurrency #Investment #TaxRevenue #Legalization #EconomicActivity #BTC
According to BlockBeats, on September 6, Sergey Bezdelov, Director of the Russian Industrial Mining Association, disclosed that Russia mined approximately 54,000 BTC last year, valued at over $3 billion. These mining activities generated around 50 billion rubles (approximately $556 million) in tax revenue for the Russian government.
Bezdelov believes that the recent legalization of cryptocurrency mining will increase investor interest and further boost tax revenue. In July, the Russian State Duma passed a bill legalizing Bitcoin mining and allowing the use of cryptocurrencies in international trade. This move establishes cryptocurrency mining as a legitimate economic activity, requiring legal entities to register or comply with specific energy consumption limits.#Russia #Bitcoin #Mining #Cryptocurrency #Investment #TaxRevenue #Legalization #EconomicActivity #BTC
🚀 CoinDesk 20 Index Sees Positive Movement With Majority Of Assets Trading Higher
#CoinDesk20 #Index #Cryptocurrency #SOL #RNDR #NEAR #XRP #MarketTrends #UpwardMovement
According to CoinDesk, the CoinDesk 20 Index has shown a positive trend, currently trading at 1789.35, which marks a 1.0% increase (+18.35) from the previous day's close. Out of the 20 assets in the index, 18 are trading higher, indicating a general upward movement in the market. Leading the gains are SOL, which is up by 3.0%, and RNDR, which has increased by 2.6%. On the other hand, NEAR and XRP are the laggards, with NEAR down by 0.8% and XRP decreasing by 0.4%. The CoinDesk 20 Index is a comprehensive index that is traded on multiple platforms across various regions globally.#CoinDesk20 #Index #Cryptocurrency #SOL #RNDR #NEAR #XRP #MarketTrends #UpwardMovement
🚀 Grayscale Reports First Month Performance of Ethereum Mini Trust
#Grayscale #EthereumMiniTrust #Ethereum #ETP #crypto #investment #finance #ETH
According to Odaily, Grayscale has released the first-month performance report of its Ethereum Mini Trust on the X platform. The report highlights several key metrics since the fund's inception on July 23. The Ethereum Mini Trust has traded over $1.25 billion in value. Additionally, the trust saw inflows amounting to $235 million in its first month. Notably, the Ethereum Mini Trust offers the lowest bid-ask spread among similar Ethereum ETP products, averaging $0.010 per share.#Grayscale #EthereumMiniTrust #Ethereum #ETP #crypto #investment #finance #ETH
🚀 VanEck To Close And Liquidate Ethereum Futures ETF
#VanEck #Ethereum #FuturesETF #liquidation #ETF #investors #shareholders #assets #market #trading #ETH
According to Odaily, ETF issuer VanEck has announced plans to close and liquidate its Ethereum Futures ETF. The board of VanEck ETF Trust has approved the liquidation and dissolution of the fund. VanEck stated that it continuously monitors and evaluates its ETF products based on various factors, including performance, liquidity, assets under management, and investor interest. The decision to liquidate the fund was made after analyzing these factors and other operational considerations.
Shareholders of the fund can sell their shares on the fund's listing exchange until the market closes on September 16, 2024 (UTC+8), although they may incur brokerage transaction fees. After the market closes on September 16, 2024, the fund's shares will no longer be traded on the listing exchange and will subsequently be delisted. The expected liquidation date of the fund is around September 23, 2024, at which time shareholders who still hold shares will receive a cash liquidation distribution in the cash portion of their brokerage accounts, equal to the net asset value of their shares.#VanEck #Ethereum #FuturesETF #liquidation #ETF #investors #shareholders #assets #market #trading #ETH
🚀 Bitcoin(BTC) Drops Below 55,000 USDT with a 3.33% Decrease in 24 Hours
#Bitcoin #BTC #USDT #cryptocurrency #binance #marketdata #priceupdate #decrease
On Sep 06, 2024, 14:17 PM(UTC). According to Binance Market Data, Bitcoin has dropped below 55,000 USDT and is now trading at 54,942.019531 USDT, with a narrowed 3.33% decrease in 24 hours.#Bitcoin #BTC #USDT #cryptocurrency #binance #marketdata #priceupdate #decrease
🚀 Bitcoin Falls Below $55,000 with a 3.25% Drop in 24 Hours
#Bitcoin #Crypto #Cryptocurrency #PriceDrop #MarketNews #BTC
According to BlockBeats, on September 6, Bitcoin's price fell below $55,000. The current price stands at $54,982, marking a 3.25% decrease over the past 24 hours.#Bitcoin #Crypto #Cryptocurrency #PriceDrop #MarketNews #BTC
🚀 USDC Treasury Destroys 50 Million USDC on Ethereum
#USDC #Treasury #Ethereum #WhaleAlert #cryptocurrency #blockchain
According to Odaily, Whale Alert has reported that the USDC Treasury destroyed 50 million USDC on the Ethereum blockchain today at approximately 22:34 UTC+8.#USDC #Treasury #Ethereum #WhaleAlert #cryptocurrency #blockchain
🚀 Justin Sun Announces Completion Of $12 Million SUN Token Burn
#JustinSun #SUNToken #TokenBurn #SunPump #Blockchain #Cryptocurrency
According to BlockBeats, on September 6, Justin Sun announced on X that SunPump has completed the destruction of $12 million worth of SUN tokens.
Previously, on September 4, Justin Sun had reported that SunPump had completed an $8 million SUN token burn, with an additional $4 million burn planned. This recent announcement confirms the completion of the entire $12 million burn.#JustinSun #SUNToken #TokenBurn #SunPump #Blockchain #Cryptocurrency
🚀 Catizen Users Comprise 22.4% Of Telegram's Paid User Base
#Catizen #Telegram #PaidUsers #ForesightNews #PavelDurov #ARPPU #UserBase
According to Foresight News, Telegram CEO Pavel Durov announced that out of Telegram's 10 million paid users, Catizen users account for 22.4%, totaling 2.24 million users. Among these, over 750,000 are additional paid users within the Catizen application ecosystem, with an average revenue per paying user (ARPPU) of $33.#Catizen #Telegram #PaidUsers #ForesightNews #PavelDurov #ARPPU #UserBase
🚀 Federal Reserve Governor Waller Suggests Timing Is Right For Rate Cuts
#FederalReserve #RateCuts #InterestRates #ChristopherWaller #LaborMarket #PolicyDecisions #EconomicData
According to Odaily, Federal Reserve Governor Christopher Waller has indicated that the time is right to begin lowering policy interest rates at the upcoming meeting. Waller noted that recent data over the past three days show a slowdown in the labor market, although it has not deteriorated. This assessment is crucial for the forthcoming policy decisions. If conditions are appropriate, Waller supports an 'early' rate cut.#FederalReserve #RateCuts #InterestRates #ChristopherWaller #LaborMarket #PolicyDecisions #EconomicData
🚀 Bitcoin Price Movements Could Trigger Significant Liquidations
#Bitcoin #PriceMovements #Liquidations #CEX #Coinglass #Trading #CryptoMarket #BTC
According to BlockBeats, data from Coinglass on September 6 indicates that if Bitcoin falls below $53,000, the cumulative liquidation intensity of long positions on major centralized exchanges (CEX) will reach $597 million. Conversely, if Bitcoin surpasses $56,000, the cumulative liquidation intensity of short positions on major CEX will reach $510 million.
BlockBeats notes that the liquidation chart does not display the exact number of contracts pending liquidation or the precise value of liquidated contracts. Instead, the bars on the liquidation chart represent the relative importance of each liquidation cluster compared to adjacent clusters, indicating intensity.
Therefore, the liquidation chart illustrates the extent to which the underlying price reaching a certain level will be affected. Higher 'liquidation bars' suggest that once the price reaches that level, there will be a more intense reaction due to the liquidity wave.#Bitcoin #PriceMovements #Liquidations #CEX #Coinglass #Trading #CryptoMarket #BTC
🚀 Starknet Announces First Mainnet Vote for STRK Holders
#Starknet #STRK #mainnet #vote #staking #cryptocurrency #ForesightNews
According to Foresight News, Starknet has announced that the first mainnet vote for STRK holders will commence in four days, on September 9. STRK holders will have the opportunity to vote on key parameters related to STRK staking, including the minting mechanism and protocol adjustments. It is essential for STRK holders to delegate or self-delegate their STRK before the vote, as a snapshot will be taken prior to the start of the voting process.#Starknet #STRK #mainnet #vote #staking #cryptocurrency #ForesightNews
🚀 US Interest Rate Futures Rise After Fed Governor Waller's Speech
#USInterestRates #FuturesMarket #FederalReserve #ChristopherWaller #InterestRateCut #Economy
According to BlockBeats, on September 6, US interest rate futures surged following a speech by Federal Reserve Governor Christopher Waller. The current pricing indicates that the Federal Reserve is expected to cut interest rates by 50 basis points in September.#USInterestRates #FuturesMarket #FederalReserve #ChristopherWaller #InterestRateCut #Economy