Must-watch next week | Trump will attend Bitcoin 2024; Ethereum spot ETF is expected to start trading (7.22-7.28)
Next weeks highlights
Avail: The mainnet is scheduled to be launched on July 23 ;
Token Unlocks: WLD will have a large amount of linear unlocking starting from July 24 ;
Bitcoin 2024 will be held from July 25 to 27, and Trump will attend the event and deliver a speech ;
From July 22 to 28, more noteworthy events in the industry are previewed below.
July 22
Odaily Planet Daily News According to the Wall Street Journal, the U.S. Securities and Exchange Commission (SEC) told asset management companies that spot Ethereum ETFs may be launched on July 23 (Tuesday). After asset management companies submitted the last round of filings this week, the U.S. Securities and Exchange Commission is expected to announce the effectiveness of the Ethereum ETF registration statement next Monday. Once the statement takes effect, the spot Ethereum ETF can begin trading. (Jinshi) 聽
Odaily Planet Daily reported that according to the official announcement, Binance will complete the adjustment of the minimum price accuracy (that is, the minimum value of the unit price increase or decrease) of some spot trading pairs before 13:00 (Eastern Time) on July 22, 2024.
Note: During the adjustment period, spot trading and various operations will not be affected;
API is updated synchronously. API users can view the latest price accuracy via GET /api/v3/exchangeInfo;
Existing spot orders will not be affected. After the price accuracy is updated, the system will still match orders in the matching system according to the original order price accuracy;
Please adjust your trading strategy in time according to the adjusted rules.
zkLink: Novadrop first round of ZKL token redemption will start on July 22
Odaily Planet Daily reported that zkLink posted on the X platform that the first round of ZKL token collection for Novadrop will start on July 22.
According to previous news, on June 3, zkLink announced the launch of the first round of NovaDrop Genesis, an airdrop of tokens. Eligible users will have 4 months to claim ZKL tokens. A total of 5% of ZKL shares will be available for claiming in the airdrop. 聽
July 23
5 Ethereum spot ETFs from Fidelity, VanEck, etc. will start trading on Cboe on July 23
Odaily Planet Daily reported that Cboe鈥檚 official website showed that five Ethereum spot ETFs from VanEck, Invesco, Fidelity, 21 Shares, and Franklin Templeton will begin trading on July 23 (next Tuesday).
Market News: Grayscale expects its Ethereum Trust Fund to be listed on NYSE Arca on July 23
Odaily Planet Daily reported that according to FulcrumNews, Grayscale expects its Ethereum Trust Fund Grayscale Ethereum Trust to be listed on the New York Stock Exchange Arca on July 23, 2024.
Odaily Planet Daily reported that three sources said that the U.S. Securities and Exchange Commission (SEC) has given preliminary approval to at least three of the eight asset management companies to launch ETH ETF trading, and will start trading ETH ETF next Tuesday. The final approval result depends on whether the applicant can submit the final issuance documents to the regulator before the end of this week.
In addition, one of the sources said that all eight companies are expected to launch ETH ETFs at the same time. A spokesman for the SEC said the agency does not comment on individual filings. (Reuters)
OKX will shut down CEL, OMG, SPELL, APM and other spot trading on July 23
Odaily Planet Daily reported that according to the official announcement, OKX will officially delist CEL/USDT, CEL/USDC, OMG/USDT, SPELL/USDT, SPELL/USDC, APM/USDT, LHINU/USDT, POLS/USDT, DCR/USDT, and DCR/ETH spot trading pairs from 4:00 to 4:30 pm (UTC+8) on July 23, 2024.
Withdrawals of CEL, OMG, SPELL, APM, LHINU, POLS, and DCR on the OKX platform will be suspended at 4:00 pm (UTC+ 8) on October 23, 2024.
Odaily Planet Daily News LayerZero Foundation posted on the X platform that the temporary list of bounty hunters and other details have been uploaded to the Commonwealth platform. Bounty hunters can review this temporary list before 00: 00 UTC on July 21. Reward distribution will be carried out before the end of the day on July 23 (Tuesday). The allocation is at the discretion of the LayerZero Foundation and may change. This list should not be regarded as the final sybil list or reused intact. The list reflects a snapshot at the time of allocation, but does not take into account unreviewed reports or reports that were later determined to be false positives.
Avail: Mainnet is scheduled to be launched on July 23
Odaily Planet Daily News: The modular blockchain project Avail announced on the X platform that its mainnet is scheduled to be launched on July 23. 聽
CyberKongz: Snapshot for Genkai on Ronin will be taken on July 23rd at 1:00
Odaily Planet Daily News CyberKongz posted on X that the Emaki journey will begin next week, and users need to migrate Genkai to Ronin to participate. The snapshot will be taken at 1:00 on July 23.
July 24
Token Unlocks: WLD will have a large linear unlock starting from July 24th
According to Token Unlocks data from Odaily Planet Daily, starting from July 24, WLD will start linear unlocking for TFH, and the subsequent daily unlocking will increase to 5.32 million. 聽
July 25
Bitcoin 2024 will be held from July 25 to 27, and Trump will attend the event and give a speech
Odaily Planet Daily reported that Bitcoin 2024 will be held in Nashville, Tennessee, USA from July 25 to 27. Trump is expected to attend the event and deliver a speech on site (expected to be held on the last day of the event, July 27).
The charging standards for Trumps attendance at the event have been leaked on social media: US$844,600 per person, including VIP reception, roundtable meeting and photo with Trump; US$60,000 per person or US$100,000 per two people, including VIP reception and photo with Trump, and payment methods support cryptocurrency. 聽
Coinbase International plans to launch TAO, TON and TRB perpetual futures trading on July 25
Odaily Planet Daily reported that Coinbase International and Coinbase Advanced plan to add support for Bittensor, Toncoin and Tellor perpetual futures. TAO, TON and TRB perpetual futures trading is scheduled to open on or after 9:30 am (UTC time) on July 25, 2024.
Odaily Planet Daily reported that according to official news, the blockchain game Illuvium announced that Illuvium Universe is scheduled to be released on July 25. The Beta test network has not been closed yet, and users can continue to prepare for the official release. At the same time, Illuvium announced that it will double the size of the test network prize pool, and the total prize pool will reach 20,000 ILV.
Zeta Markets: Staking Aridrop will be carried out on July 25
Odaily Planet Daily News Zeta Markets disclosed data on the X platform showing that of the 80 million ZEX distributed to 80,000 users, 17.6 million have been claimed and more than 10.5 million have been staked, with 45.3% of airdrop participants choosing diamond hands and staking their airdrops to receive the upcoming staking airdrop at the end of the genesis period. Although 22% of all airdrop allocations have been claimed so far, there are still a few days to go before the claiming, and the Staking Aridrop airdrop will eventually take place on July 25, 2024.
July 26
Renzo ezPoints Season 2 will run until July 26 and plans to distribute 5% of REZ
Odaily Planet Daily reported that the Ethereum re-staking agreement Renzo ezPoints Season 2 will last for three months until July 26, and plans to distribute 5% of the token supply (500 million REZ). At the same time, Season 1 participants will receive an additional 10% bonus. 聽
July 27
Trump is expected to attend Bitcoin 2024 and give a speech (see July 25 for details) 聽
July 28
None
Others (specific time undetermined)
Bloomberg Terminal has added some Ethereum ETFs in preparation for trading next week
Odaily Planet Daily News Bloomberg analyst James Seyffart wrote on X that some Ethereum ETF information has been added to the Bloomberg terminal. These include ETHW from Bitwise, CETH from 21 Shares, and FETH from Fidelity. Other funds are likely to be added tomorrow and Monday, and trading is still scheduled to start next week. 聽
Odaily Planet Daily reported that according to Bloomberg market data, CSOP Bitcoin Futures Daily -1 x Inverse Product Fund may be listed on the Hong Kong Stock Exchange next week. Its code is 7376: HK. The current status is pending. According to the disclosed information, the transaction setting date is expected to be July 23.
Prediction market azuro completes first AZUR staking snapshot, rewards will be distributed next week
Odaily Planet Daily News: The prediction market azuro posted on the X platform that it completed the first AZUR staking snapshot at 18:00 today and will issue rewards next week. If users complete the staking before TGE, June 19, they will receive a 10% staking reward; if they stake before June 26, they will receive a 7.5% staking reward.
According to the staking interface, rewards are limited to users who are still staking AZUR as of today, and subsequent stakers will receive a second community airdrop.
This article is sourced from the internet: Must-watch next week | Trump will attend Bitcoin 2024; Ethereum spot ETF is expected to start trading (7.22-7.28)
Original author: Viet Anh Original translation: TechFlow Summary of key points The bubble-like growth in the number of altcoins in 2024 and the risks it brings. The number of users participating in tap-to-earn games surged in 2024. Nvidia (NVDA) stock is growing in popularity and showing signs of a bubble in 2024. Between 2023 and 2024, the overall market value of the Crypto market did not show a parabolic rapid growth, and it has not even returned to its historical high in 2021. These growth bubble predictions are not for the crypto market, but for other data and objects that have a significant impact on the crypto market. The following is a summary and assessment of these growth phenomena. Growth in the number of altcoins in 2024 and the risks…
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