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[ Michael Saylor reiterates that Bitcoin will rise to $13 million in the next 20 years]
In an interview with CNBC, MicroStrategy founder Michael Saylor reiterated his view that Bitcoin, which currently accounts for 0.1% of global capitalization, will eventually rise to 7% of global capitalization, and that one Bitcoin will be worth $13 million in the next 20 years.
MicroStrategy began purchasing Bitcoin in August 2020 and currently holds approximately $8.3 billion worth of Bitcoin assets at current prices.
[Informed sources: Pantera Capital , ParaFi Capital and other crypto funds have recently bought a large number of Metaplex (MPLX) tokens]
According to The Block, people familiar with the matter revealed that several crypto funds including Pantera Capital and ParaFi Capital recently purchased a large number of Metaplex (MPLX) tokens from Wave Digital Assets. These tokens were originally held by FTX Assets, and the relevant funds also confirmed this.
Citing the bankruptcy filing, the source claimed that FTX Assets initially held 72.6 million MPLX tokens. Citing on-chain data, the source added that 62.6 million of these were sold privately in the past five months, accounting for all of the unlocked MPLX blocks held by FTX Assets at the time. In addition, 2.5 million tokens were transferred from FTX wallets in the last month. They noted that only 7.5 million tokens remain to be sold, and all tokens will be fully unlocked on September 19.
Sources said Pantera Capital and ParaFi Capital jointly led the acquisition of MPLX. CoinGecko data shows that MPLX is currently priced at $0.25, with a fully diluted valuation of approximately $245 million.
[Kamala Harris releases a list of proposed policy positions, without mentioning crypto-related issues]
The campaign website of Democratic presidential candidate Kamala Harris published a list of proposed policy positions for her future presidential administration, and crypto-related topics were not mentioned.
On a new issues page on his campaign website, part of the text mentions supporting "American innovation and workers." In it, the Democratic candidate pledges to support the development of the artificial intelligence industry and emphasizes the importance of nurturing "other cutting-edge industries of the future."
[Americans will lose more than $5.6 billion to crypto scams in 2023]
According to the latest FBI report, the losses caused by cryptocurrency fraud in the United States in 2023 exceeded $5.6 billion, a surge of 45% over the previous year. The report pointed out that investment scams accounted for 71% of the total losses, about $3.96 billion. In addition, call center scams and scams impersonating government officials also accounted for 10% of the total losses. The most vulnerable group is the elderly over 60 years old, whose total losses exceeded $1.6 billion. The FBI called on the public to be highly vigilant about investment opportunities exposed through social media or dating apps, emphasizing that anyone can become a target.
[Analyst: Friend Tech project is expected to earn $52.4 million in revenue through the agreement]
According to on-chain analyst Ember’s monitoring, the revenue that the Friend Tech project received through the agreement should be US$52.4 million: the total number of ETH they transferred to Coinbase was 19,477.
The Friend Tech project team transferred a total of 19,477 ETH obtained through protocol income to Coinbase in the six months from December 2023 to June 2024. If they sold ETH every time it was transferred to Coinbase , their profit should be US$52.39 million.
[Trump and Harris will hold their first debate on September 11]
According to ABC News, the first presidential debate between Trump and Harris will be held at the National Constitution Center in Philadelphia, Pennsylvania at 9 a.m. Beijing time on September 11, and will be broadcast live on ABC News Live, Disney+ and Hulu.
[FalconX Research Director: Hong Kong cryptocurrency ETF AUM is still expected to reach US$1 billion by the end of the year]
According to DL News, David Lawant, head of research at institutional digital asset broker FalconX, has not given up on his predictions for the future development of cryptocurrency ETFs in Hong Kong, China. He said that it is common for ETFs to see a slowdown in capital inflows after their launch and then grow steadily over time, especially during periods of low market volatility, which has been highlighted in recent months.
At present, the asset management scale of Hong Kong Bitcoin and Ethereum spot ETFs is US$290.6 million, far less than similar ETFs in the United States (nearly US$57 billion). On some trading days, these six funds did not even have net inflows.
However, Lawant believes that the forecast of the Hong Kong ETF reaching $1 billion in assets by the end of this year is still possible. “By the end of 2025 (reaching this goal) may be more realistic. However, given the fast-paced nature of cryptocurrencies, I would not completely rule it out,” Lawant added.
He also said: "This number will certainly appear small compared to what we see in other countries. But given the size of the Asian market and its importance to the entire crypto ecosystem, I believe it has the potential to go higher."
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