Planet Daily | Binance Launchpool will launch TON; Tether will mint 1 billion USDT on the Ethereum chain (August 14)

شہ سرخیاں

Binance Launchpool and Super Earn will list Toncoin (TON)

According to the official announcement, Binance Launchpool has launched the 56th project Toncoin (TON). Users can invest BNB and FDUSD into the TON mining pool on the Launchpool website after 08:00 (Eastern Time) on August 15, 2024 to receive TON rewards. TON can be mined for a total of 20 days. The website is expected to be updated within about 24 hours of this announcement before the mining activity opens. In addition, Binance Super Earn will launch TON Super Earn. Users can subscribe to TON principal-guaranteed regular earning products to enjoy a limited-time special annualized rate of return.

Tether Treasury mints 1 billion USDT on Ethereum

According to Whale Alert monitoring, Tether Treasury minted an additional 1 billion USDT on the Ethereum chain at around 20:09 Beijing time today.

Analysis: Harris will continue the Biden administrations strict regulatory policy on cryptocurrencies

Alex Thorn, research director of Galaxy Research, published an article on the X platform analyzing Vice President Harriss stance on cryptocurrencies. The selection of her advisory team indicates that she will continue to implement the Biden administrations strict regulatory policy on cryptocurrencies.

Harris is working with key anti-cryptocurrency officials such as Brian Deese and Bharat Ramamurti, who were key figures in the Biden administration in pushing for cryptocurrency regulation. Deese has published articles on the White House website emphasizing the risks of cryptocurrencies, while Ramamurti is considered a top cryptocurrency critic in the White House. Their involvement suggests that the Harris administration is unlikely to soften its stance on cryptocurrency policy and will continue to support strict regulatory measures to protect consumers and the security of the financial system.

Grayscale launches MKR Trust Grayscale MakerDAO Trust

Grayscale announced the launch of a new fund focused on MakerDAO governance tokens on the X platform. The new closed-end fund Grayscale MakerDAO Trust will be open to qualified individuals and institutional accredited investors. Similar to the companys other single-asset trusts, the fund does not allow direct withdrawals, which may lead to deviations between fund share prices and underlying asset prices in the secondary market.

انڈسٹری نیوز

Greeks.live: Crypto market volatility was not significant after PPI data was released, and major term IV and block trade data were relatively stable

Greeks.live macro researcher Adam posted on the X platform that the US PPI data for July fell slightly below expectations, and the core PPI monthly rate fell to zero. Today, the hot stocks in the US stock market opened and rose significantly. However, the cryptocurrencies did not fluctuate much and were not stimulated by the surge in US stocks. The major medium and short-term IVs also fell accordingly.

There will be more important CPI data tomorrow, but judging from the options data, the market currently has low expectations, the short-term Skew is slightly bearish, and the main term IV and block trading data are relatively stable. This week, RV fell sharply, IV also came under obvious pressure, and short-term IV was still higher than the average level.

Trump and Elon Musk Praise Argentina鈥檚 Pro-Bitcoin President Javier Milei

Trump and Elon Musk praised Argentina鈥檚 pro-Bitcoin libertarian President Javier Milei in a live interview. Musk and Milei have met several times in the United States.

Earlier in June, Argentine President Javier Milei said: Currencies will compete freely, so if you want to use Bitcoin there will be no problem.

Analysis: Bitcoin long-term holders turn to HODL, increasing their holdings by 374,000 BTC in the past three months

Glassnode said in its weekly on-chain report that after several months of relatively heavy distribution pressure, the behavior of Bitcoin holders seems to have turned to holding (HODL) and accumulation. In the past three months, a total of more than 374,000 BTC have been transferred to LTH (long-term holding) status.

Activity in the spot market suggests that there has been a net bias toward selling pressure recently, and that this bias has yet to fully subside.

However, the sharp price fluctuations in recent months have significantly eased the pressure on LTH distribution, causing the value share of this groups holdings to first stabilize and then begin to grow again.

Compared to the ATH breakthroughs in past cycles, the current long-term holder groups holdings are still at historically high values. This suggests that if the price of Bitcoin rises in the future, LTH may face further withdrawal pressure. It also shows that although the price of Bitcoin has been trading sideways and even fell recently, these investors are further willing to reduce their positions at lower prices.

Overall, despite the challenging and volatile market environment, long-term Bitcoin holders remain steadfast, with evidence of increasing accumulation behavior. This group of investors holds a higher percentage of Bitcoin network wealth and has shown a certain patience in waiting for prices to rise. In addition, despite the largest price correction in the cycle, this group of investors has not panic-sold, highlighting the resilience of their overall conviction.

Japanese listed company Metaplanet purchased another 57.1 BTC

Metaplanet, a Japanese listed company, announced on the X platform that it has purchased another 57.1 BTC. Earlier, on August 8, Metaplanet Inc., a Japanese listed company, announced that it had obtained a loan of 1 billion yen (0.1% APR), and the proceeds will be used to purchase additional BTC.

Arkham: Mt.Gox wallet address suspected of conducting transfer test with Bitgo

According to Arkham monitoring, the wallet that received $2.19 billion in Bitcoin from Mt. Gox has just launched a test transaction, interacting with the wallet bc 1 q2 6. This wallet is most likely Bitgo, and Bitgo should be the fifth and final exchange to cooperate with the Mt. Gox trustee to distribute funds to Mt. Gox creditors.

پروجیکٹ نیوز

WazirX Security Incident Update: Balances from transactions between July 18 and 21 will be restored soon

WazirX released a security incident update on X:

• Restoration of balances for transactions between July 18 and 21 will be completed shortly. This will reverse all transactions made on the WazirX platform after withdrawals were stopped at 1 pm (IST time) on July 18, 2024;

• We are working with legal experts to help the team develop an efficient method to achieve withdrawals;

• 344 applications were received in the bounty program, including security professionals and ethical hackers who are actively tracing the trail of stolen funds;

• We are in contact with multiple partners to explore all possible solutions to mitigate the financial impact of the cyber attack. Currently, WazirX is in talks with 7 partners and making steady progress.

سرمایہ کاری اور فنانسنگ

Ethereum L2 network Reddio completes seed round financing, led by Paradigm and Arena

Ethereum Layer 2 network Reddio announced the completion of its seed round of financing, led by Paradigm and Arena Holdings. It is reported that the project has launched a pledge and task system. The project was founded by Neil, who graduated from Stanford Business School and the National University of Singapore. He was the No. 003 employee of Twilio Asia Pacific, the general manager of PingCAP Eurasia, and a lecturer at Nanyang Technological University. He was an early evangelist of zk expansion technology and provided open source expansion solutions for Starknet and others. The high-performance distributed database developed by the team is currently used by Bybit, OKX, and Square for a long time. Because Reddios main direction is parallelism and hardware acceleration, GPU miners can participate in the operation of Reddios nodes in the future.

The project has now launched a pledge and task system, and has also disclosed that it will announce the results of a new round of A financing in the near future, with multiple institutions participating.

کردار کی آواز

FxPro analyst: BTC market shows signs of seller dominance

Alex Kuptsikevich, senior market analyst at FxPro, said that the BTC market showed signs of seller dominance and expected the price of Bitcoin to fall again in the short term, and said that the decline may be around $5,000. He added that the current 14-day relative strength index (RSI) no longer shows oversold conditions, which means that the market may have room to fall further, which is consistent with the recent situation where sellers dominate the $60,000 range. (Coindesk)

This article is sourced from the internet: Planet Daily | Binance Launchpool will launch TON; Tether will mint 1 billion USDT on the Ethereum chain (August 14)

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