According to official data, due to the popularity of Meme coins such as TRUMP over the weekend and the surge in on-chain activities, the total value of deBridge's transferred assets in the past three days reached 397 million US dollars, and the number of cross-chain transactions exceeded 43,800.
Matrixport released today's chart saying that this weekend, the launch of TRUMP meme coin set off a trading frenzy on centralized exchanges, with major platforms launching the coin at a record pace. However, the subsequent launch of MELANIA coin quickly reversed the market sentiment, and the price of the currency plummeted, causing heavy losses to buyers on Sunday. This intense volatility has driven the overall trading volume surge, including Binance, the world's largest exchange...
Over the weekend, cryptocurrency YouTuber Random Artz alerted the Shiba Inu community to a misunderstanding spread by a Solidity developer using the username @shallowhal-i4n. The developer stated that the team behind the Shiba Inu ecosystem can still mint BONE if they wish. The developer hinted that there was a bug in the BONE contract that the team could exploit to create additional tokens. He stressed that BONE is still minable unless the team abandons the contract and sets the supply to "non-...
After recently falling below the $91,000 mark, BTC rallied strongly this weekend and is currently retreating slightly to around $96,000. In the process, veteran trader Peter Brandt reiterated his bullish view on BTC and stated that it could continue to rise in the future. Additionally, other on-chain indicators also suggest that BTC has good momentum going forward. In a recent analysis, Brandt stated that BTC could reach $108,358 in the coming days. However, he also cited technical charts as a w...
According to the data (as of the end of this week), since the activation of the London hard fork on August 5, 2021, the Ethereum network has destroyed more than 4.50 million ETH, worth more than $15.30 billion at current prices. The EIP-1559 included in this upgrade opens the mechanism to destroy part of the transaction fee, thus effectively reducing the supply of ETH in circulation. Although about 4.50 million ETH have been destroyed so far, ultrasound.money data shows that Ethereum has not bec...
ETHGlobal held its latest hackathon event after Devcon last weekend in Bangkok, Thailand. According to the conference, a total of 713 projects were submitted to the judges, including Ethereum co-founder Vitalik Buterin, Aave founder Stani Kulechov, Base creator and head Jesse Pollak and many other cryptocurrency experts. The ten shortlisted projects selected by the judges all target the growing field of cryptocurrency, from artificial intelligence to cryptocurrency.
The chances of a Trump victory plunged over the weekend, with analysts saying traders were pricing in a reduced risk of a red wave in Congress. The dollar may struggle to maintain its gains if Harris is elected > >
The QCP released a weekend summary saying that Thursday's core PCE data was slightly better than expected (2.7% year-on-year growth versus 2.6% forecast). Conversely, Friday's non-farm payrolls (NFP) data was unexpectedly lower than expected (12,000 actually versus 110,000 forecast), causing the dollar index (DXY) to rebound and return to the 104 level. Bitcoin...
Poseidon, an independent analyst, said that Ethereum had already experienced its "last drop" last weekend, falling to $2,382, but immediately recovered to above $2,500 within 48 hours. The trader explained that ETH regained the 200-day EMA level in an 8-hour timeframe, and that the weekend's drop was a "bear trap/deviation", with a "minimum retracement point" likely at $2,500 before hitting a new all-time high. "If it stays above $2,600, I will add more long positions," the analyst said. "I stil...
Israel's response to Iran was limited over the weekend, the risk premium from geopolitical conflicts largely dissipated, and the recovery of bullish sentiment in crude oil may gradually fade away... > >
Israel "raided" Iran over the weekend! Iran may not respond? Gold and crude oil opened sharply on Monday; US media broke the news that Iran's supreme leader is seriously ill... What major events have happened in the world since last Friday?
On the campaign trail this weekend, Vice President Harris and former President Trump spoke briefly about Israeli airstrikes on Iranian military bases. "Israel is striking - we're fighting a war, and she [Harris] is out partying," Trump said at a rally in Michigan, where Harris was campaigning with Beyoncé in Texas. Meanwhile, Harris on Saturday called for "de-escalation, not elevation...
Google temporarily removed bitcoin and ethereum price charts from its search results over the weekend due to inaccurate third-party financial data. Google has now restored the charts after fixing the data issue, and users can still view real-time prices of cryptocurrencies through Google Finance.
QCP Capital posted on the official channel that after breaking through the $61,000 mark last weekend, the cryptocurrency fell after Trump's second assassination. The decline was exacerbated by the liquidation of short positions of nearly $70 million due to lack of liquidity before the Asian opening. Notably, Bitcoin rose 13.8% to $60,000 from $8,000 in the same week as Trump's first assassination attempt on July 13. TOKEN2049 is being held...