Key market information gap on October 16, must read! |Alpha Morning News
1. New projects: CAP Labs, Nano, The Pledge; 2. DeFi changes: Sushi 24h trading volume increased by 61%; 3. Token unlocking: ADA, PRIME; 4. Bitcoin rebounded above $66,000
Featured News
1.Bitcoin rebounded above $66,000
3.Azra Games completed $42 million in Series A financing, led by Pantera Capital
4.Sui Ecosystem Project Token DEEP rose by about 24 hours 160%
New product mining (‼️High Rug risk‼️)
Daily new projects or community attention dynamics, filtered and sorted by the number of followers and growth of X Alpha accounts
Data source: getmoni.io
BlockBeats Note: The following are all early projects with a small number of followers. Rug and contract risks are extremely high. Please participate with caution. This is not an investment advice
1.CAP Labs
CAP It is a stablecoin engine that allows users to get rid of the endogenous model cycle and will generate redeemable stablecoins of various denominations, such as USD, BTC and ETH.
2. Nano
Nano is a project on Blast.
3. The Pledge
The Pledge is a community account for the meme coin $PLEDGE.
Articles & Threads
Glassnode Insights by UkuriaOC
Since the ATH in March, the market demand side has declined significantly, and as the market has consolidated in this price range, investors' attention has gradually weakened.
This article attempts to provide a framework for founders to think about the role of blockchain and the types of problems it is best suited to solve and derive value from.
Selected Data
1. Base Network Data Dashboard
Source: @watermeloncrypto/Coinbase | Base User Growth
2. Banana Gun Data
Source: @whale_hunter/Banana Gun Bot
DeFi Dynamics
Daily DeFi market funds and transaction volume changes, filtered and sorted by DEX aggregator and Perp DEX transaction volume and growth rate
Data source: DeFiLlama
DEX aggregator transaction volume changes
1.Sushi (multi-chain)
24-hour transaction volume increase: +61.80%
24-hour transaction volume: $13.8m
7 Daily cumulative trading volume: $55.52m
2.Rubic (Multi-chain)
24-hour trading volume increase: +45.66%
7-day cumulative trading volume increase: +19.38%
24-hour trading volume: $1.03m
7-day cumulative trading volume: $5.13m
3.ODOS (Multi-chain)
24-hour trading volume increase: +26.57%
7-day cumulative trading volume increase: +512%
24-hour trading volume: $289.11m
7 Daily cumulative trading volume: $1.256b
Market data
Daily observation of the overall market capital heat (reflected by the funding rate) and inflows and outflows (reflected by ETF inflows and outflows)
Data source: Coinglass, Sososvalue, TokenUnlocks
Funding Rate
Token unlocking
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Dogecoin's market cap crosses $63 billion after 51% price surge
Dogecoin gained 51% in the last 24 hours to trade at $0.43, with a market capitalization of $63.5 billion.Analysts say Dogecoin proponent Elon Musk’s involvement in the upcoming Trump administration is adding fuel to the memecoin’s surge.
Bitcoin futures basis yields at multi-month highs may signal potential leverage unwind risk: analysts
Bitcoin futures basis yields have surged to 7-month highs, raising concerns over market leverage, QCP Capital analysts say.However, the analysts noted strong demand for high-strike call options, signaling investors’ anticipation of further breakout potential.
The German government missed out on $1.6 billion by selling its bitcoin early
The German government sold 50,000 bitcoin just four months ago — right before a major rally in the asset’s price.This pales in comparison to the amount of value the U.S. government has missed out on from its 11 bitcoin auctions.
Coinbase launches COIN50 index, tradable as a perpetual future with up to 20x leverage
Coinbase has launched a new index representing the top 50 digital assets listed on its exchange that meet the index’s fundamental criteria for inclusion.The COIN50 index is also available to trade as a perpetual future with up to 20x leverage.