Layer1 Blockchain Story, which focuses on intellectual property, has announced that it has officially opened the airdrop application for its native token IP, which will last for 30 days until 20:00 on March 4, 2025.
UBS believes that the Federal Reserve is still likely to cut interest rates by another 50 basis points this year. The US non-farm job growth in December last week was much higher than expected, and the market generally expects that the Federal Reserve will not cut interest rates again before June this year, and the number of rate cuts of 25 basis points for the whole year may be less than two. The team of UBS strategists led by Mark Haefele agreed that the latest employment data may make Fed off...
Plume Network, a full-stack modular Layer 1 blockchain platform focused on real-world asset financing (RWAfi), announced the launch of the $25 million RWAfi Ecosystem Fund to support the tokenization of real-world assets on its platform and early-stage RWAfi projects, with the aim of advancing RWA tokenization and market-based DeFi solutions for real-world assets such as treasury, GPU, luxury goods, and private credit. It is reported that Galaxy Digital, Superscrypt, Reciprocal Ventures, Mechani...
Trrue, an L1 blockchain focused on ESG compliance and physical asset tokenization, announced a $10 million investment commitment from GEM Digital. In exchange, GEM Digital will receive TRRUE tokens. Trrue is currently selling a total of 300 million TRRUE tokens at $0.10 on multiple launchpads and plans to go live on December 27. Owen O'Driscoll, CEO of the project, said the financing will be used for product development, ecosystem expansion and token exchange launch. GEM Digital is a $3.40 billi...
The Hashgraph Group (THG) announced an undisclosed investment in Settlemint, a blockchain development company focused on enterprise use cases. Currently, Settlemint supports eight blockchains, and plans to add integration with Hedera. The company completed a 16 million euro A round of financing in 2022.
According to Lookonchain monitoring, on November 29, 10 US spot Bitcoin ETFs had a net inflow of 415 BTC ($40.83 million), and 9 spot Ethereum ETFs had a net inflow of 10,500 ETH ($37.85 million).
Lookonchain monitored a net outflow of 3,476 BTC, worth about $312 million, from 10 US Bitcoin spot ETFs on November 15. Fidelity's Bitcoin ETF saw a net outflow of 2,032 BTC, worth about $182 million, and Fidelity currently holds 192,593 BTC, or about $17.29 billion. Meanwhile, nine Ethereum ETFs saw a net inflow of 4,786 ETH, worth about $14.75 million. BlackRock's Ethereum ETF saw an inflow of 6,059 ETH, worth about $18.67 million, and BlackRock currently holds 586,803 ETH, worth about $1.81 ...
Bitcoin speculators are bracing for the possibility of significant market volatility following Tuesday's U.S. election day, with Caroline Mauron, co-founder of crypto derivatives trading liquidity provider Orbit Markets, saying that the options market also foreshadows expected volatility of around 8 percent the day after the vote, compared to the 2 percent that normally goes up or down. However, he also pointed out that after November 7, there was no significant volatility premium in the market,...
The mixed hash rate of the 14 US-listed bitcoin mining stocks tracked by JPMorgan now accounts for a record 28.9 per cent of the network's hash rate. "The total hash rate of the 14 US-listed miners tracked has increased by about 70 per cent year-to-date (80 EH/s) to 194 EH/s, while the network hash rate has increased by 33 per cent and now accounts for a record 28.9 per cent of the global network's hash rate," wrote analysts Reginald Smith and Charles Pearce. The bank said that since the bitcoin...
According to a report released by CoinShares, Ethereum's trading demand is concentrated in a few speculative application scenarios, limiting its long-term value growth. The report points out that while the Ethereum ecosystem is expanding, the main driver is users' willingness to pay for transactions, especially on decentralized exchanges such as Uniswap, where transaction fees account for more than 90%. At the same time, stablecoin transactions have also become one of the core activities of the ...
According to Trader T monitoring, so far, 11 US spot bitcoin ETFs have traded a total of $711 million, the third lowest level since their launch. IBIT's trading volume is $412 million.
Blockchain startup Space and Time has closed a $20 million Series A round led by cryptocurrency-focused VC firms Framework Ventures, Lightspeed Faction, Arrington Capital and Hivemind Capital. Space and Time previously raised $20 million in September 2022, led by Microsoft's M12 Ventures, which also participated in the Series A.
According to lookonchain monitoring, today (August 22) 10 US spot Bitcoin ETFs increased their holdings by 1,515 BTC, equivalent to about $91.78 million; 9 spot Ethereum ETFs reduced their holdings by 10,760 ETH, equivalent to about $28.14 million.
According to lookonchain monitoring, today (August 14) 10 US spot bitcoin ETFs added a total of 1,190 BTC, equivalent to about 70.77 million US dollars; 9 spot Ethereum ETFs added a total of 18,726 ETH, equivalent to 49.76 million US dollars.
The US State Department: We will continue to focus on diplomacy and seek to avoid any form of escalation between Israel and Hezbollah.