News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
AR briefly fell back after breaking through $40 in the short term
Bitget market data shows that after breaking through $40, AR slightly fell back and is now quoted at $39.75. The intraday increase reached 3.45%. The market fluctuation is quite large, please manage your risk well.
Bitget market data shows that after breaking through $40, AR slightly fell back and is now quoted at $39.75. The intraday increase reached 3.45%. The market fluctuation is quite large, please manage your risk well.
The rune UNCOMMON•GOODS ranked first in the number of castings in the past 24 hours
According to Ord.io's post on social media platforms, the runes with the most minting times in the past 24 hours are: 1. UNCOMMON•GOODS: 89,325; 2. FUNNY•FISH•MASK: 64,184; 3. HOPE•YOU•GET•RICH: 58,329; 4. TAPROOT•WIZORDS:16,840; and SHITCOIN MILLIONAIRE at a count of12,108.
According to Ord.io's post on social media platforms, the runes with the most minting times in the past 24 hours are: 1. UNCOMMON•GOODS: 89,325; 2. FUNNY•FISH•MASK: 64,184; 3. HOPE•YOU•GET•RICH: 58,329; 4. TAPROOT•WIZORDS:16,840; and SHITCOIN MILLIONAIRE at a count of12,108.
PancakeSwap: The supply of CAKE decreased by 472,000 in April, marking the eighth consecutive month of reduction
The official announcement from PancakeSwap states that as of May 6, 2024, PancakeSwap has successfully destroyed 0.123% of the total CAKE supply, marking eight consecutive months of reduction in the total CAKE supply with a decrease of 2,575,069 CAKE tokens. In April 2024, the net minting amount for PancakeSwap was -472,010. This negative net minting indicates that more CAKE tokens were destroyed than minted during that month.
The official announcement from PancakeSwap states that as of May 6, 2024, PancakeSwap has successfully destroyed 0.123% of the total CAKE supply, marking eight consecutive months of reduction in the total CAKE supply with a decrease of 2,575,069 CAKE tokens. In April 2024, the net minting amount for PancakeSwap was -472,010. This negative net minting indicates that more CAKE tokens were destroyed than minted during that month.
K33 Research Analyst: Cryptocurrency users are eagerly looking for the next big event in the SocialFi sector
Analysts at K33 Research stated that cryptocurrency users are eager to find the next big event in the SocialFi sector. Despite being troubled by "improper incentive measures", they believe that the social finance field is continuously growing stronger. In a research report on May 8, K33 DeFi analyst David Zimmerman wrote that after the recent Firend.tech airdrop, cryptocurrency users have begun to view a new SocialFi application called Fantasy Top (built on Ethereum L2 Blast) as the next potential opportunity.
Analysts at K33 Research stated that cryptocurrency users are eager to find the next big event in the SocialFi sector. Despite being troubled by "improper incentive measures", they believe that the social finance field is continuously growing stronger. In a research report on May 8, K33 DeFi analyst David Zimmerman wrote that after the recent Firend.tech airdrop, cryptocurrency users have begun to view a new SocialFi application called Fantasy Top (built on Ethereum L2 Blast) as the next potential opportunity.
The net inflow of the US Bitcoin spot ETF yesterday was 11.54 million USD, with the net asset ratio of the ETF reaching 4.25%
According to SoSoValue data, yesterday (Eastern Time May 8) the net inflow of Bitcoin spot ETF in the United States was $115.409 million. Yesterday, Grayscale's ETF GBTC had a net outflow of $0.00, and currently, GBTC's historical net outflow is $17.487 billion.
The Bitcoin spot ETF with the highest single-day net inflow yesterday was Bitwise ETF BITB, with a single-day net inflow of $115.409 million; currently, BITB's total historical net inflow has reached $1.758 billion. As of press time, the total asset value of Bitcoin spot ETFs is $51.504 billion; The ratio of ETF's net assets (the proportion compared to the total market value of Bitcoin) reaches 4.25%, and the cumulative historical net inflows have reached $11.774 billion.
According to SoSoValue data, yesterday (Eastern Time May 8) the net inflow of Bitcoin spot ETF in the United States was $115.409 million. Yesterday, Grayscale's ETF GBTC had a net outflow of $0.00, and currently, GBTC's historical net outflow is $17.487 billion.
The Bitcoin spot ETF with the highest single-day net inflow yesterday was Bitwise ETF BITB, with a single-day net inflow of $115.409 million; currently, BITB's total historical net inflow has reached $1.758 billion. As of press time, the total asset value of Bitcoin spot ETFs is $51.504 billion; The ratio of ETF's net assets (the proportion compared to the total market value of Bitcoin) reaches 4.25%, and the cumulative historical net inflows have reached $11.774 billion.
Swan Bitcoin Executive: BTC may benefit from the depreciation of the Japanese yen
A senior executive at Swan Bitcoin stated that the depreciation of the yen could ultimately lead to a "disaster" for U.S. Treasury bonds, which in turn could benefit BTC as investors flock to other means of value storage. According to Google Finance data, as of this article's publication, 1 yen is equivalent to $0.0064 and has fallen by 2.39% in the past 30 days. Dante Cook, Business Manager at Swan Bitcoin, said that this could be a disaster for both Japan and the United States because Japan is the largest holder of U.S. Treasury bonds with only 4% of its foreign exchange reserves being gold while almost all remaining are U.S treasury bonds.
A senior executive at Swan Bitcoin stated that the depreciation of the yen could ultimately lead to a "disaster" for U.S. Treasury bonds, which in turn could benefit BTC as investors flock to other means of value storage. According to Google Finance data, as of this article's publication, 1 yen is equivalent to $0.0064 and has fallen by 2.39% in the past 30 days. Dante Cook, Business Manager at Swan Bitcoin, said that this could be a disaster for both Japan and the United States because Japan is the largest holder of U.S. Treasury bonds with only 4% of its foreign exchange reserves being gold while almost all remaining are U.S treasury bonds.
The website for claiming MASA token airdrops is now online
The decentralized AI data network, Masa Network, announced on the X platform that users can check airdrop eligibility and choose token rewards. The first airdrop distribution will take place on Base on May 11th. Prior to this news, Masa Network announced in April the launch of its mainnet and the release of the MASA token.
The decentralized AI data network, Masa Network, announced on the X platform that users can check airdrop eligibility and choose token rewards. The first airdrop distribution will take place on Base on May 11th. Prior to this news, Masa Network announced in April the launch of its mainnet and the release of the MASA token.
After receiving 5 million FET from the FetchAI Foundation, DWF Labs deposited 1.47 million FET into CEX
According to Scopescan monitoring, the FetchAI Foundation has transferred 5 million FET (approximately $11.95 million) to DWF Labs. Subsequently, DWF Labs deposited 1.47 million FET ($3.59 million) into CEX.
According to Scopescan monitoring, the FetchAI Foundation has transferred 5 million FET (approximately $11.95 million) to DWF Labs. Subsequently, DWF Labs deposited 1.47 million FET ($3.59 million) into CEX.
It appears that Render Network has once again deposited RNDR into CEX, transferring 323,000 RNDR in the past hour
According to Spot On Chain monitoring, after RNDR price soared about 40% (7-day increase), Render Network seems to continue depositing RNDR into CEX. In the past hour, wallet 0x537 (linked to Render Network) transferred 323,000 RNDR (approximately $3.36 million) to CEX. Since January last year, this wallet has received a total of 8.1 million RNDR (about $67.9 million) from Render Network and deposited 652 RNDR ($56 million) into CEX, usually before the price drops.
According to Spot On Chain monitoring, after RNDR price soared about 40% (7-day increase), Render Network seems to continue depositing RNDR into CEX. In the past hour, wallet 0x537 (linked to Render Network) transferred 323,000 RNDR (approximately $3.36 million) to CEX. Since January last year, this wallet has received a total of 8.1 million RNDR (about $67.9 million) from Render Network and deposited 652 RNDR ($56 million) into CEX, usually before the price drops.
A certain new wallet withdrew FLOKI tokens worth about 11.38 million US dollars from CEX 18 hours ago
PANews reported on May 9th, according to The Data Nerd's monitoring, 18 hours ago, a new wallet withdrew approximately 67.49 billion FLOKI from Bithumb, worth about $11.38 million.
PANews reported on May 9th, according to The Data Nerd's monitoring, 18 hours ago, a new wallet withdrew approximately 67.49 billion FLOKI from Bithumb, worth about $11.38 million.
