Rhythm Morning News｜A list of important news from last night and this morning on June 24

Bitcoin briefly fell below $63,000, down 1.88% in 24 hours

BlockBeats news, June 24, according to OKX market data, Bitcoin briefly fell below $63,000, and is now quoted at $63,280, down 1.88% in 24 hours.

Ethereum network Gas fell to the lowest level since 2020, Bitcoin miners' income hit a record low

BlockBeats news, June 24, according to The Block data, Ethereum network Gas fell to the lowest level since 2020 this Saturday. Gas prices have caused Ethereum's consumption rate to drop to its lowest level in 12 months. According to ultrasound.money data, Ethereum is currently slightly inflationary due to the low consumption rate, with a seven-day average supply growth rate of 0.56%/year.

In addition, after the current round of Bitcoin block reward halving, Bitcoin miners' income in TH/s (7-day MA) has hit a record low in the past two months. In addition to the halving, another possible reason for the reduction in miners' income is the low number of new wallets entering the Bitcoin ecosystem, which is currently at its lowest level since 2018 (7-day MA).

This week’s unlocking data: ALT, OP, SUI and other tokens will usher in large amounts of unlocking

BlockBeats news, on June 24, according to Token Unlocks data, in the next 7 days, the mainstream encryption projects on the entire network will unlock a total of 188 million US dollars worth of tokens, and 7 projects will usher in a one-time large amount of token unlocking, including:

· AltLayer will unlock 105 million ALT at 18:00 on June 25, accounting for 6.92% of the circulating supply, with a value of approximately 19.88 million US dollars;

· Yield Guild Games will unlock 16.69 million YGG at 22:00 on June 27, accounting for 6.92% of the circulating supply. 4.48%, worth approximately $10.65 million;

· SingularityNET will unlock 8.57 million AGIX at 8:00 on June 28, accounting for 0.67% of the circulating supply, with a value of approximately US$5.3 million;

· Echelon Prime will unlock 750,000 PRIME at 8:00 on June 30, accounting for 1.83% of the circulating supply, with a value of approximately US$7.79 million;

· Optimism will unlock 31.34 million OP at 8:00 on June 30, accounting for 2.88% of the circulating supply, with a value of approximately US$56.1 million;

· Ethena Labs will unlock 14.89 million ENA at 15:00 on June 30, accounting for 0.87% of the circulating supply, with a value of approximately US$8.96 10,000 US dollars;

· Sui will unlock 64.19 million SUI at 8:00 on June 31, accounting for 2.65% of the circulating supply, worth about 57.15 million US dollars.

The founder of Dell, a world-renowned IT brand, has recently frequently posted Bitcoin-related tweets

BlockBeats news, on June 23, Michael Dell, the founder of Dell, a world-renowned IT brand, recently posted "Scarcity creates value" on his social platform, and Michael Saylor replied to his tweet that "Bitcoin represents digital scarcity." Michael Dell then retweeted Michael Saylor's reply tweet.

In addition, Michael Dell also released a cartoon poster containing Bitcoin on the 21st, but did not directly mention Bitcoin.

A whale transferred 1.355 million LDO from Binance 30 minutes ago, equivalent to about 2.98 million US dollars

BlockBeats news, on June 23, according to The Data Nerd monitoring, 30 minutes ago, a whale 0x7Ee withdrew 1.355 million LDO (2.98 million US dollars) from Binance.

9 months ago, the whale spent $744,000 to hoard 17,717 TRBs, currently worth $1.76 million.

The suspected Justin Sun address withdrew 4,629 ETH from Binance 8 hours ago

BlockBeats news, on June 24, according to Spot on Chain monitoring, the suspected Justin Sun address starting with 0xdbf withdrew 4,629 ETH from Binance 8 hours ago, with an average price of $3,472.

In the past 3 days, this wallet has withdrawn 13,967 ETH (about $48.8 million) from Binance, with an average price of $3,494.

SATS rose more than 17% in 24 hours, temporarily reported at 0.0000002005 US dollars

BlockBeats news, on June 23, according to OKX market data, SATS broke through 0.0000002 US dollars, temporarily reported at 0.0000002005 US dollars, a 24-hour increase of 17.58%.

BAKE fell below $0.3, down more than 25% in 24 hours

BlockBeats news, on June 24, according to market data, BAKE fell below $0.3, and is now quoted at $0.2948, with a 24-hour drop of 25.87%.

Ton Ecological Chain Game Catizen: The total number of players on the chain has exceeded 1.25 million

BlockBeats news, on June 23, Ton Ecological Chain Game Project Catizen posted on social media that the total number of players on its chain has exceeded 1.25 million. Meanwhile, Catizen has been ranked first in The Open League for three consecutive seasons.

Farcaster has more than 537,000 users and the protocol has revenue of nearly 1.9 million U.S. dollars

BlockBeats reported on June 23 that Dune data showed that as of June 23, the decentralized social protocol Farcaster had revenue of more than 1.88 million U.S. dollars, currently at 1,887,175 U.S. dollars, with a total of 537,376 users.

Security startup PQShield completes $37 million in Series B financing, led by Addition

BlockBeats reported that on June 23, security startup PQShield announced the completion of $37 million in Series B financing, led by Addition, with participation from Braavos Capital, Legal General and Chevron Technology Ventures. The funds raised will be used to hire more employees and promote closer partnerships with partners and customers.

PQShield founder and Oxford mathematician Dr. Ali El Kaafarani said the funds will be used to recruit more talent and continue to meet the growing global demand for its hardware, software and communication quantum encryption solutions as well as its research IP. It is reported that PQShield aims to protect encryption systems from future attacks by hackers based on quantum computers.

Crypto financial research startup SoSoValue completes $4.15 million seed round financing, led by HongShan

BlockBeats news, on June 23, Singapore crypto financial research startup SoSoValue announced the completion of $4.15 million seed round financing, led by HongShan, GSR Markets, Alumni Ventures, CoinSummer Labs and One Piece Labs participated in the investment, and Gitcoin co-founders, Ethereum early investors and founders of top Web3 and AI technology companies also participated in this round of financing.

The new funds will be used to support its development of AI-driven data services and drive the expansion of its global community of researchers.

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