October 7 Monday
Important only
3 hours ago Blockbeats and 1 more media reports
On October 6th, according to Coinglass data, the entire network experienced $27.489 million in liquidations over the past 4 hours, of which $2.9251 million were long positions and $24.5633 million were short positions.
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3 hours ago ChainCatcher and 2 more media reports
According to IntoTheBlock data, after the Dencun upgrade, with the surge in L2 transactions, Ethereum mainnet fees have hit a historic low. EIP-4844 has reduced L2 costs by 10 times, driving a record number of transactions. However, due to the decrease in the amount of ETH burned, ETH has shifted from previous deflation to inflation.
ETH
2.22%
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4 hours ago ChainCatcher and 2 more media reports
According to Bitcoin.com, economist and gold advocate Peter Schiff warned that restoring the real economy requires allowing the "false economy" to collapse, which will result in significant financial losses for many people. He also emphasized that the alternative is worse, as it would lead to currency devaluation. Schiff criticized the policies of the government and the Federal Reserve, especially after the 2008 financial crisis, and warned that the debt-driven economic bubble today is larger than ever before. He pointed out that the government has not learned from the lessons of the financial crisis, and the Federal Reserve has not acknowledged its role in the crisis, but continues to take measures that led to the crisis. Schiff believes that the current economic situation is more severe, with higher debt levels and a larger bubble. He stated: "Our debt is far greater than in 2008, the bubble is bigger, and it's not just residential housing, we're on the edge of a much bigger economic crisis that may not have bailout measures." For the future, Schiff emphasizes that the "false economy" must be allowed to collapse in order to return to a more stable system, and he acknowledges that this process will be painful.
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4 hours ago MarsBit and 1 more media reports
Mars Finance news, market information, Neiro has risen by over 16% in the short term, the current quoted price is $0.001147, and the 24-hour increase is 13.24%.
NEIRO
123.56%
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4 hours ago MarsBit
According to the news from Mars Finance, CNN's Dana Bash arranged for Kelly to criticize @elonmusk's remarks at a rally in Butler, Pennsylvania. He first raised a question, implying that Musk has a conflict of interest with his company's government contracts.
BASH: As you know, Musk owns a massive social media platform. There he has a huge influence. He has received billions of dollars in contracts from the federal government.
KELLY: "Billionaires like Elon Musk will once again receive massive tax cuts. This highlights the need for us to take measures to remove dark money from our political system. Super PACs funded by Elon Musk and others."
They are trying to find a viable angle to attack Musk; currently, they are exhausting all means. There is no news about billionaires like Alex Soros providing funding for the Democratic Party.
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4 hours ago MarsBit and 4 more media reports
Zhu Su, the co-founder of Three Arrows Capital, posted on social media that he has sold TON at a loss and bought TRUMP.
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4 hours ago MarsBit and 2 more media reports
According to Farside Investors data, the cumulative net inflow of US Bitcoin spot ETFs since their launch has reached $18.53 billion, of which Grayscale GBTC had a net outflow of $20.11 billion, BlackRock IBIT had a net inflow of $21.558 billion, and Fidelity FBTC had a net inflow of $9.847 billion.
BTC
1.63%
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4 hours ago MarsBit and 1 more media reports
According to Mars Finance news, the market shows that BTC has rebounded and broken through $62,500, currently trading at $62,510, with a 24-hour increase of 0.56%.
BTC
1.63%
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5 hours ago ChainCatcher and 2 more media reports
ChainCatcher news, as of 6:30 PM on October 6, 2024, the Ethereum-based meme coin MOODENG has completed an airdrop of $40,000 worth of MOODENG to the top 500 holders of Neiro, aiming to encourage community participation and interaction. This airdrop is a reward for the support of Neiro whales, encouraging them to play a greater role in the community development. The MOODENG community hopes that this activity will deepen the cooperation between the two CTO communities and enhance user engagement.
MOODENG
1.57%
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5 hours ago ChainCatcher
ChainCatcher news, the International Monetary Fund (IMF) has suggested that El Salvador should narrow the scope of its Bitcoin law and strengthen regulatory oversight in ongoing negotiations regarding a potential loan program. The organization has expressed concerns about the potential risks posed by El Salvador's adoption of Bitcoin, which is a key issue in the negotiations for the country's new loan program, aimed at creating a policy framework that would help boost productivity and strengthen economic reforms.
BTC
1.63%
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5 hours ago PANews and 3 more media reports
PANews, October 6th news, UniSat released the fourth quarter roadmap, the specific content includes:
- October: Rune activation, CAT20 recognition and transmission, CAT Marketplace;
- November: FB voting, major updates to PizzaSwap, brc-20, optimization of Runes and CAT20;
- December: zkAtomicSwap - effective atomic swap, advanced support for CAT protocol, major updates to PizzaSwap.
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5 hours ago MarsBit and 1 more media reports
According to Mars Finance news, the International Monetary Fund (IMF) has suggested that El Salvador should narrow the scope of its Bitcoin law and strengthen regulatory oversight in ongoing negotiations regarding a potential loan program.
The organization has expressed concerns about the potential risks associated with El Salvador's adoption of Bitcoin, which is a key issue in the negotiations for the country's new loan program, aimed at creating a policy framework that would help improve productivity and strengthen economic reforms.
BTC
1.63%
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5 hours ago Blockbeats
On October 6, Fractal Bit released the Q4 2024 roadmap. This includes:
October: Runes activation, CAT20 indexing and transfers in the UniSat wallet, a trustless CAT20 trading market, and the first season of retroactive funding;
November: Fractal voting and governance, PizzaSwap upgrade and performance optimization;
December: Achieving zkAtomicSwap, advanced CAT protocol support, and PizzaSwap mainnet upgrade.
FB
3.83%
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6 hours ago MarsBit and 1 more media reports
According to Mars Finance news, Scopescan posted on the X platform that a certain whale sold its EIGEN holdings at an average price of $3.2, but its average cost of purchase was $3.5. Additionally, Scopescan revealed that tokens worth $31 million will be unlocked in the next two days.
According to the relevant unlocking information, Eigenlayer (EIGEN) plans to unlock approximately 9.93 million tokens at 3 AM Beijing time on October 9th, which is 5.32% of the current circulating supply.
EIGEN
2.91%
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6 hours ago MarsBit and 4 more media reports
According to the news from Mars Finance, on October 4th, the Lego website encountered a security vulnerability, and hackers replaced the website banner with fraudulent cryptocurrency advertisements. The modified banner displayed an illustration of a golden coin with the Lego logo and falsely promoted the launch of a "Lego Coin," promising "secret rewards" and urging users to purchase the tokens.
According to The Brick Fan report, visitors who clicked on the banner were redirected to an external website selling "Lego tokens." The intrusion occurred at Lego's headquarters in Denmark and was quickly noticed by users of the Lego sub-forums.
Lego quickly removed the unauthorized content and restored the original banner. The company confirmed the next day that no user accounts were compromised. In a statement to Engadget, Lego said: "On October 5, 2024 (October 4th in the US), an unauthorized banner advertisement briefly appeared on Lego.com. The banner advertisement was quickly removed, and the issue has been resolved."
"No user accounts were compromised, and customers can continue to shop as usual. The cause has been identified, and we are taking measures to prevent such incidents from happening again," the company's statement added.
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6 hours ago ChainCatcher and 4 more media reports
ChainCatcher news, mining company HIVE Digital released its September financial report, producing a total of 112 BTC, with a BTC holding of 2,604 BTC, which has increased by 50% within the past 12 months.
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6 hours ago PANews and 3 more media reports
According to CryptoQuant's analysis, long-term Bitcoin holders (holding for more than 155 days) are reducing their positions, with their holdings recently declining from $19 billion to $12 billion, while short-term holders have seen their positions surge by $6 billion.
BTC
1.63%
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6 hours ago ChainCatcher and 3 more media reports
According to Lookonchain monitoring, a trader withdrew 114,680 SUI (approximately $200,000) from Binance and bought 12 million HIPPO at an average price of $0.01662 per token.
HIPPO
32.35%
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7 hours ago Foresight News and 5 more media reports
Foresight News, according to Cointelegraph, the United Arab Emirates Federal Tax Authority (FTA) issued an amendment to the Value Added Tax (VAT) regulations on October 2, exempting the transfer and exchange of virtual assets (including cryptocurrencies) from VAT. This move aims to make the UAE a more friendly jurisdiction for digital asset trading. According to PwC's interpretation, the new regulations will provide VAT exemptions for additional services, including investment fund management and the transfer and exchange of virtual assets. These exemptions will be retroactive to January 1, 2018. The UAE defines virtual assets as "a digital representation of value that can be digitally traded or transferred and can be used for investment purposes," but excludes fiat currency or financial securities.
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7 hours ago ChainCatcher and 1 more media reports
According to The Block report, the discounted token sales of FTX's bankruptcy assets continue to attract investor attention. Investors have already snapped up millions of tokens from multiple projects, betting that these assets are undervalued and may have long-term upside potential. The largest holding of FTX assets is 41 million locked Solana (SOL) tokens, currently worth around $600 million. The asset managers sold these tokens in batches at discounts ranging from $64 to $110 in April and May. The current trading price of SOL is around $142, and the investors who bought in, such as Pantera Capital, Galaxy Trading, and Figure Markets, have already realized paper profits.
The FTX asset managers plan to auction off 22.3 million locked Worldcoin (WLD) tokens, worth around $38 million. Although some investors have expressed concerns about the length of the lock-up period, the auction is still highly competitive, with WLD tokens being sold at "slightly above $1". The current trading price of WLD is around $1.78.
The FTX asset managers have also sold Metaplex (MPLX) tokens, with several crypto funds subsequently purchasing these tokens at a discount from Wave Digital Assets.
Investors have stated that they are focused on high-quality assets and projects led by visionary founders. Despite the risks, the attractiveness of discounted tokens and their potential upside have led many investors to consider these investment opportunities.
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