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Crypto projects have given out 40 billion points so far. When will it end?
Quick Take In lieu of airdrops, crypto projects have been handing out points to reward loyal users. While many investors complain, VCs argue that there’s an upside here.
The Block·2024/01/26 12:50
The Impact of Spot Bitcoin ETF Approval on the Global Crypto Market
Bitget·2024/01/26 12:48
Bitcoin Could Retest Support at $36K as ETF Hype Fades and Selling Pressure Increases
Bitcoin prices have continued to retreat this week, dropping below $40,000 for the first time since early December and there could be further losses ahead.
Cryptopotato·2024/01/26 09:34
Multi-Hit Wonders: Embracing Apps With Short Shelf Life
Cointime·2024/01/26 08:35
BabyDragon (BABYDRAGON): The Symbol of Power, Security, and Future Success in Crypto
Bitget·2024/01/26 08:00
Here’s How Much Outflow Grayscale’s GBTC Recorded in the Past 7 Days
CryptoQuant founder expressed concern about the GBTC outflow trend continuing until mid-March and reducing the ETF’s BTC stash to zero.
Cryptopotato·2024/01/26 07:49
Crypto exec sees 'mid to low' $20K BTC price before new all-time highs
Cointelegraph·2024/01/26 07:32
Airdrop season? Protocols offer $700M in token airdrops over a week
Cointelegraph·2024/01/26 05:45
Celsius moves a massive $1B in Ethereum to CEXs: Repayments incoming?
Cointelegraph·2024/01/26 04:42
Bitcoin Price Faces Crucial Test, Indicators Suggest Many Roadblocks To Recovery
Newsbtc-btc·2024/01/26 03:04
Flash
- 06:49The total amount of ETH locked in zkSync Bridge has exceeded 3.7 millionAccording to the latest data from Dune Analytics, the total amount of ETH locked in zkSync, an Ethereum layer-2 scaling solution, has exceeded 3.7 million. At the time of writing this article, it reached 3,700,146 ETH which is close to $14 billion at current prices. In addition, the number of user addresses for zkSync bridge has reached 2,926,969.
- 06:48Stablecoin issuing company Agora will launch its stablecoin AUSD on the Sui chainStablecoin issuer Agora recently announced that it will launch its stablecoin AUSD on the Sui chain, making AUSD the second stablecoin to be launched on Sui after FDUSD. The AUSD is planned to be launched in June and will be backed by bank deposits, U.S. Treasury bonds, and repurchase agreements, with its reserve funds being held by VanEck. In addition, Agora plans to incorporate businesses that support AUSD into its business model and share with them the revenue products of stablecoin operations. It was reported that Agora had previously announced plans to push AUSD towards Ethereum, Arbitrum and Optimism; Sui is the first non-EVM blockchain where AUSD has been issued.
- 06:46The Bitcoin spot ETF had a net inflow of 48.738 million USD yesterday, with a total net asset value of 57.94 billion USDSoSoValue data shows that yesterday (Eastern Time May 31), the total net inflow of Bitcoin spot ETFs was $48.738 million, among which:- Grayscale GBTC had a single-day net outflow of $124 million, and the current historical net outflow of GBTC is $17.902 billion.- The Bitcoin spot ETF with the most single-day net inflow was BlackRock's IBIT, with a single-day net inflow of $169 million. The current total historical net inflow for IBIT has reached $16.651 billion.- Next is Fidelity's FBTC, with a single-day net inflow of $5.9047 million and its total historical net inflows have reached $8.89 billion. As of now, the total asset value of Bitcoin spot ETFs is $57.94 billion; the ratio between ETF's assets to Bitcoin’s market cap (the proportion compared to Bitcoin’s overall market value) has reached 4.34%. The cumulative historical net influx has already hit approximately 13.858 billion dollars.
