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Blast Mainnet to Launch on February 29 | Cryptocurrency Trends

Cary, Bitget Research
2024/02/27
Blast Mainnet to Launch on February 29 | Cryptocurrency Trends

1. Mainstream Exchange Trends:

  • Mainstream Exchange Listings (CEX: Token — Time of Listing in UTC)
Bitget: IQ (IQ) — February 26, 11:00 AM; Mintlayer (ML) — February 27, 11:00 AM; Veloce (VEXT) — February 27, 4:00 AM.
Coinbase: Akash Network (AKT) — TBD.

2. Cryptocurrency Trends:

  • Ethereum Layer 2 TVL surpasses $29.5 billion and gains 8.9% in 7 days, hitting a record high.
  • The total trading volume of Bitcoin spot ETFs yesterday amounted to around $2.4 billion, the highest since the first day of trading.
  • Layer2 network Blast posts on social media that the Blast mainnet will launch on February 29.
  • Ethena: Shard Campaign Epoch 2 will begin on Tuesday at 8:00 PM (ET), with raised caps and support for Pendle. Epoch 2 will raise the cap for the sDAI/sUSDe LP and add the GHO/USDe LP. The USDe lock cap will also be raised from $100 million to $200 million.
  • MicroStrategy purchased around 3000 BTC between February 15 and February 25 for around $155.4 million, with an average price of around $51,813 per Bitcoin.
  • Yuga Labs: The Magic Eden Ethereum marketplace to launch tomorrow with customized pages, loyalty rewards, and contract royalty enforcement for collectors.

3. Financing Trends:

  • Talus Network, an AI blockchain platform, raises $3 million in its first funding round led by Polychain Capital, with participation from dao5, Hash3, TRGC, WAGMI Ventures, and Inception Capital, along with angel investors from major tech and blockchain companies such as Nvidia, IBM, Blue7, Symbolic Capital, and Render Network.
  • Avail, a Polygon modular blockchain project, raises $27 million in seed round funding led by Founders Fund, a venture capital firm founded by Peter Thiel, and Dragonfly, with participation from SevenX Ventures, Figment, Nomad Capital, and several angel investors.
  • QnA3.AI, an AI project, announces that it has been awarded a Solana Foundation Grant.

4. Regulatory Trends:

  • Head of South Korea's financial regulator to discuss Bitcoin spot ETF and NFT classification with U.S. SEC Chairman.
  • The U.S. SEC asks for public comment on the possibility of introducing Bitcoin spot ETF options trading.
Disclaimer: This content includes third-party opinions, and we do not guarantee its accuracy. Cryptocurrency prices are highly volatile, so please conduct your own research and make judgments accordingly.