BlockBeats Index
Today's Index
5.0
Morning
03/19
Selected news:1. Bitcoin fell below $66,000, falling more than 2% in 24 hours2. BOME fell below $66,000 in a short time 0.01 US dollars, down more than 40% in 24 hours3. Swap market pricing shows that the probability of the Federal Reserve cutting interest rates in June is less than 50%4. Fidelity FBTC only had a net inflow of 590 yesterday Ten thousand US dollars, BlackRock's IBIT net inflow may need to exceed US$610 million to maintain overall net inflows5. Standard Chartered Bank: If the Ethereum spot ETF is approved, it may bring in US$45 billion in capital inflows5. p>Price WatchBitcoin fell below $66,000, falling more than 2% in 24 hoursOn March 19, according to OKX market information, Bitcoin The coin fell below $66,000 and is now quoted at $65,955, a 24-hour drop of more than 2%. Ethereum It fell below US$3,400, with a drop of more than 5% in 24 hoursOn March 19, according to OKX market data, Ethereum fell below US$3,400, and is now quoted at US$3,398, with a drop of more than 5% in 24 hours. %. SOL fell Broken below $190, with a 24-hour drop of 3.98%On March 19, according to OKX market data, SOL fell below $190 and is now trading at $189.64, with a 24-hour drop of 3.98%. BOME short fell below US$0.01 in 24 hours and dropped more than 40% in 24 hoursOn March 19, according to market data, BOME fell below US$0.01 for a short time and is now trading at US$0.01085, a 24-hour drop of more than 40%. Raydium( RAY) exceeded $3, with a 24-hour increase of 30.17%On March 18, according to market data, Raydium (RAY) exceeded $3, with a 24-hour increase of 30.17%. JUP short On March 18, according to market data, JUP briefly exceeded $1.6, setting a record high, with a 24-hour increase of 20.12%. Transaction TrackingThe entire network liquidated US$113 million in the past 4 hours, with the main liquidation of long ordersOn March 19, according to Coinglass Data shows that in the past 4 hours, the entire network has been liquidated to US$113 million, including US$104 million in long orders and US$8.3624 million in short orders. A transaction In the past 11 hours, a trader lost US$1.48 million in Meme coins due to chasing the rise and selling down.On March 18, according to monitoring by @ai_9684xtpa, a trader lost a total of US$1.48 million in Meme coins in the past 11 hours due to chasing the rise and selling off. A loss of $1.48 million. It lost $236,000 on NOS, $364,000 on SLERF and $879,000 on NAP. An hour ago, this address had transferred the remaining 5,266 SOL to the Milady Wif Hat pre-sale address, approximately US$1.05 million. Grayscale Transferring approximately 2,785 BTC to Coinbase PrimeOn March 18, according to Arkham data, the Grayscale address transferred approximately 2,785.87 BTC to the Coinbase Prime address approximately 28 minutes ago, which is approximately $190 million. In addition, the Grayscale address transferred 217.6 BTC, equivalent to approximately US$14.86 million, to the market maker Flow Traders 6 hours ago. A transaction Trader lost 3,731 SOLs in 1 hour due to SLERFOn March 18, according to Lookonchain monitoring, a trader lost 3,731 SOLs (approximately US$775,000) in 1 hour due to SLERF. It spent 5,004 SOL to purchase 790,236 SLERF at $1.32 (the highest price point). Following its purchase, the price of SLERF began to plummet. When SLERF rose again, it spent another 2,500 SOL (approximately $517,000) to buy 650,330 SLERF at a price of $0.8. Following its purchase, SLERF's price fell again. Ultimately, the trader sold all of his SLERF and only recovered 3,774 SOL (approximately $784,000). Project NewsNVIDIA demonstrated project GR00T at the GTC conference: aiming to provide multi-modal AI technology support for future humanoid robotsOn March 19, VentureBeat reported that Nvidia demonstrated its latest project GR00T at its annual GTC developer conference, a multi-modal artificial intelligence platform designed to power future humanoid robots. Project GR00T utilizes a common base model that enables humanoid robots to process a variety of inputs such as text, speech, video, or even live demonstrations to perform specific general actions. The project was developed with tools from Nvidia’s Isaac robotics platform, including the newly launched Isaac Labs for reinforcement learning. To ensure that humanoid robots can run complex multi-modal models like GR00T, Nvidia also launched the Jetson Thor computing platform designed for humanoid robots. Based on the company's Thor SoC, the computer includes a high-performance CPU cluster and a next-generation GPU based on Nvidia's Blackwell architecture with a Transformer engine that delivers 800 teraflops of 8-bit floating-point AI performance. With its Isaac robotics platform, Nvidia provides a powerful end-to-end platform for the development, simulation and deployment of AI-powered robots. Project GR00T is brought to life through the newly launched Isaac Labs based on Isaac Sim, and the OSMO compute orchestration service for managing training and simulation workloads in parallel on Nvidia DGX and Nvidia OVX. This set of Nvidia advancements is expected to be available in the second quarter of this year, with Project GR00T currently still in early access. Nvidia is accepting applications to open up the technology to more humanoid robot developers, but a timeline for a wider public release is currently unclear. SLERF Founder People plan to set up a trusted third-party donation wallet to provide refunds to pre-sale contributorsOn March 19, the founder of Meme project SLERF stated on social media that in order to refund pre-sale contributors To sell contributors' funds, a trusted third party will be found to set up a donation wallet. The purpose of this initiative is to raise enough funds to provide full or partial refunds to contributors during the pre-sale period. Aevo: The total supply of Ethena Labs (ENA) is 15 billion, and the FDV based on the current futures price is US$4.5 billionOn March 19, options trading platform Aevo officially stated that the total supply of Ethena Labs (ENA) is 15 billion, and the FDV of the project is $4.5 billion based on the current futures price (approximately $0.3). BlockBeats Note: Ethena Labs has not officially announced its token economics. SafeDAO Community Voted to pass the "SAFE Token Utility" proposalOn March 19, according to the SnapShot governance page, the SafeDAO community voted to pass the "SAFE Token Utility" proposal. The proposal stated:The utility of existing tokens is governance. The proposed utility/use case for the token is the Safe activity program, which encourages Safe users to actively participate and contribute to the Safe ecosystem, and in return, these users will be eligible for discretionary activity rewards such as additional features, discounts, or other benefits . The exact scope of event rewards will need to be further developed, but rewards may include: SAFE tokens, sponsorship deals, quarterly NFTs, and more. This proposal is the first step/foundation in recognizing and exploring the utility of SAFE tokens. As the Safe{Core} protocol continues to evolve over time, the utility design space of the SAFE token will naturally expand. The community is encouraged to participate in the exploration and implementation of future SAFE token utility. Based on the initial feedback from the community, the existing preliminary conceptual ideas include: 1. SAFE pledge; 2. Fee engine; 3. Connecting DeFi modules with SafeDAO use cases (such as swap, stake, bridge, stablecoin or flashloan modules), etc. Polygon Labs Announced that the first phase of the native USDC migration is underwayOn March 18, according to official news, Polygon Labs issued a document revealing that the first phase of the native USDC migration on Polygon PoS is underway, and the current DeFi protocol , bridges, and the NFT market are helping to incentivize users to phase out the bridged version of USDC (called USDC.e) and completely replace it with the native version. In addition, Polygon Labs reminds that Polygon PoS is not yet connected to AggLayer, but the community is currently considering a proposal to upgrade Polygon PoS to zkEVM validiumChainlink partners with ANZ to launch Avalanche and Ethereum Interchain Tokenized Asset Settlement ProjectOn March 18, according to the official announcement, Australia and New Zealand Bank (ANZ) announced its cooperation with Chainlink Labs to use its cross-chain interoperability protocol ( CCIP) connects the Avalanche and Ethereum blockchains to enable global movement and settlement of tokenized assets. According to reports, ANZ provides banking products and services to more than 8.5 million retail and institutional customers in nearly 30 markets. Exploring the possibilities of on-chain digital assets, ANZ leveraged Chainlink’s blockchain interoperability solution CCIP to demonstrate how customers can access, trade and seamlessly settle tokenized assets across different currency networks, a process known as DvP. LADYS pre The sales of Wif Hat project has reached 88,888 SOL hard capOn March 18, according to the blockchain browser, the pre-sale of Milady Wif Hat newly launched by Meme project LADYS has reached 88,888 SOL hard cap. top. According to the pre-sale details: 1. The minimum investment amount is 1 SOL; 2. The pre-sale period lasts for 24 hours; 3. 25% of the token supply can be provided;4. 100% will be unlocked during TGE;5. The pre-sale hard cap is 88,888 SOL. BlockBeats reminds users that the MEME currency market fluctuates greatly, please do not have excessive FOMO and pay attention to asset protection. Data: 28% of the ETHFI token airdrop has been claimedOn March 18, according to Dune data, 19,901 addresses have applied for the airdrop of 16,797,160 THFI tokens (accounting for 28% of the airdrop allocation). CeFi InformationCircle minted 50 million USDC on the Ethereum chainOn March 19, according to Whale Alert monitoring, Beijing At 9:09, Circle minted 50,000,000 USDC on the Ethereum chain. CZ announced Details of the new project Giggle Academy: a free, gamified and adaptive education program for all agesOn March 19, Binance founder and former CEO CZ posted on social media that, An educational program called Giggle Academy is about to be launched. This project aims to provide free basic education to students from grades 1 to 12. The core concepts include non-profit purposes, gamified learning experiences and adaptive education mechanisms. It is reported that the project does not yet have an official logo and is recruiting team members through giggleacademy.com. Those who join will have the opportunity to work directly with CZ. Coinbase will Suspending Unifi Protocol DAO (UNFI) trading on April 2On March 19, Coinbase announced that based on the results of its periodic review of assets, it will suspend trading at approximately 2 a.m. Beijing time on April 2. Trading of Unifi Protocol DAO (UNFI) is suspended. Currently, UNFI's order book has been set to limit-price-only mode. Users can still place and cancel limit-price orders, and may be matched to trades. Coinbase will be listed on Akash Network ( AKT)On March 19, according to the official announcement, Coinbase will list Akash Network (AKT). If the liquidity conditions are met, the transaction will start at noon Eastern Time on March 19, 2024. Starts around 12 o'clock. OKX will Phase out of Tether (USDT) trading pairs in the European Economic AreaOn March 19, according to The Block, OKX confirmed that as the European Union prepares to adopt a comprehensive cryptocurrency regulatory framework, OKX will The USDT trading pair in the European Economic Area (EEA) will be phased out. A customer support representative confirmed on Monday that USDT has been unavailable for trading among traders in the European Economic Area as of March 14. Binance will ETHFI 1-50 times U-standard contract launchedOn March 18, according to official news, Binance will launch the ETHFI 1-50 times U-standard perpetual contract at 23:30 Beijing time today. OKX Star : If the listing recommendation is not accepted, the listing team will make an independent decisionOn March 18, OKX CEO Star posted on social media that “the vision of the OKX listing team is Discover valuable and early-stage utility tokens for customers. OKX does not accept listing pitches, research potential projects from the market, and continuously track the performance of tokens. OKX’s listing committee will make decisions independently. Continue on Pushing tokens to OKX team members on Twitter is not helpful, please stop doing it."Opinion dataFidelity FBTC only had a net inflow of US$5.9 million yesterday, and BlackRock IBIT's net inflow may need to exceed US$610 million to maintain the overall net inflowOn March 19, according to data from Farside Investors, Grayscale GBTC had a net outflow of US$642.5 million yesterday, while Fidelity FBTC only had a net inflow of US$5.9 million. Currently, it requires BTCO from IBIT and Invesco Galaxy (smaller scale), Valkyrie's BRRR (smaller) three ETFs require net inflows of more than $610 million to maintain overall net inflows. Data: On March 18, GBTC outflows reached US$642.5 million, setting a single-day record for the highest outflowOn March 19, data from Farside Investors showed that GBTC outflows on March 18 were approximately US$642.5 million. The U.S. dollar recorded its highest single-day outflow since the Bitcoin spot ETF was approved. SLERF in The 24-hour trading volume on the Solana chain exceeded US$2.2 billion, second only to SOL and USDCOn March 19, according to birdeye data, SLERF’s 24-hour trading volume on the Solana chain It exceeded US$2.2 billion, second only to SOL and USDC, and surpassing USDT, BOME and JUP. At the time of publication, SLERF was tentatively trading at $0.50. BlockBeats Note: Meme tokens are highly volatile, investors are advised to be aware of the risks. Bitcoin Spot ETFs’ hot start appears to be driven primarily by retail investorsOn March 19, CoinDesk reported that since the Bitcoin spot ETF was launched in January, there has been a net inflow of tens of billions of dollars. At the same time, sentiment towards the cryptocurrency has also improved at the same time - this is a A situation where reality seems to match the hype. This number wouldn't be so shocking if the funding came from large institutions, but according to experts, that's not the case. Funding comes from ordinary people, whom the financial world considers retail investors. Eric Balchunas, a senior ETF analyst at Bloomberg, said, “There may be some advisors involved, but judging from the size of the transactions, retail investors are obviously an important factor. .” According to data from Eric Balchunas, the iShares Bitcoin Trust (IBIT) issued by BlackRock, the world’s largest asset management company, has an average of 250,000 transactions per day. The average trade size was 326 shares, or about $13,000, indicating that the trades were made by non-professional investors. Bitcoin "Whales" and "Sharks" have increased their holdings of approximately 328,000 BTC in the past monthOn March 19, according to data from on-chain analysis company Glassnode, large Bitcoin holders still In accumulating Bitcoin, among them: 1. Bitcoin “whales” (entities holding 1,000 BTC or more) accounted for about 30% of the total as of March 17 A total of approximately 84,000 BTC were added in the past 30 days;2. Bitcoin “sharks” (entities holding 100 BTC to 1,000 BTC) increased their holdings in approximately 30 days as of March 17. Holds approximately 244,000 BTC. (Cointelgraph)10x Research: If ETF inflows are lower than expected, BTC may fall to $59,000On March 19, according to CoinDesk, data from encryption analysis company 10X Research showed that US spot Bitcoin Bitcoin ETFs saw record inflows last week, but weak demand over the next day or two could trigger the next drop in Bitcoin prices. 10x Reaearch founder Markus Thielen wrote in a report on Monday that Bitcoin price found short-term support at these levels and stabilized at $67,000, but "the real The test will come on Monday and Tuesday, and if ETF inflows disappoint, Bitcoin’s correction may continue. "Although this is an unpopular narrative, inflows are expected to slow after prices experience significant intraday volatility," the report said. According to our reversal indicator, a retracement to $59,035 appears more likely, providing a better risk-reward entry level," which would indicate another 10% drop in Bitcoin price. Swap Market pricing shows that the probability of the Federal Reserve cutting interest rates in June is less than 50%On March 19, swap market pricing shows that the probability of the Federal Reserve cutting interest rates in June is less than 50%. Standard Chartered Bank : If the Ethereum spot ETF is approved, it may bring in $45 billion in capital inflowsOn March 18, according to The Block, although other commentators expressed doubts, Standard Chartered Bank said, The Ethereum spot ETF may still be approved before its original deadline of May 23. Geoffrey Kendrick, head of foreign exchange and cryptocurrency research at Standard Chartered Bank, said in a statement, "I still believe that the Ethereum spot ETF will be approved on May 23 "Although I note that this is not a consensus view right now." "If the ETF is approved, I estimate there will be $15-45 billion in inflows in the first 12 months, using the same logic I used for ETF inflows." 》Binance The total value of user assets under custody exceeded US$100 billion for the first timeOn March 18, according to the official blog, the total value of user assets under Binance custody exceeded $100 billion for the first time. Solana market capitalization Surpassing PorscheOn March 18, according to 8marketcap data, Solana’s market value has reached US$91.85 billion, an increase of 8.4% in the past 24 hours, and has now surpassed luxury car giant Porsche (market value is approximately 902.6 billion), ranking 192nd in global asset market value. Past 24 Hourly DEX transaction volume on the Solana chain exceeded US$2.8 billionOn March 18, according to DeFiLlama data, the DEX transaction volume on the Solana chain reached US$2.84 billion in the past 24 hours. WIF market capitalization It has surpassed PEPE and become the 42nd largest market value cryptocurrencyOn March 18, according to market data, WIF’s market value has surpassed PEPE and become the 42nd largest market value cryptocurrency, with a current market value of US$3,222,042,395. . WIF rose more than 33% in 24 hours and is now quoted at $3.19. CoinShares: Last week, the net inflow of digital asset investment products reached a record high of 2.9 billion U.S. dollars.On March 18, according to CoinShares, the total inflow of digital asset investment products last week reached a record high of 2.9 billion U.S. dollars. billion, breaking the historical record of $2.7 billion in previous weeks. This week’s inflows have pushed year-to-date inflows to $13.2 billion, far exceeding 2021’s total inflows of $10.6 billion. Ethereum, Solana, and Polygon saw outflows of $14 million, $2.7 million, and $6.8 million, respectively. Blockchain stocks saw $19 million in inflows last week, the first after six weeks of outflows. Financing ExpressCross-chain DeFi protocol Entangle received strategic investment from ConsenSysOn March 18, according to official news, the cross-chain DeFi protocol Entangle announced that it has received strategic investment from ConsenSys. The specific financing amount was not disclosed. Bitcoin Ecological project Flash Protocol completed a private placement round of financing, with participation from Signum Capital, DWF Labs and Cypher CapitalOn March 18, Bitcoin ecological project Flash Protocol announced the completion of a private placement round of financing, with Signum Capital , DWF Labs, Cypher Capital, Cogitent Investment Group, Rarestone Capital, Pentos Ventures, Portico Ventures, Innovion, PortalDefi and Keyur (Ex-CFO of Polygon) participated in the investment. Flash Protocol is a Bitcoin native game, AI, Meme and NFT distribution platform based on the Taproot protocol. The FlashVM designed by it is the first to officially announce support for Taproot assets. BTC side chain has the advantages of high speed, low gas fee, and decentralization. It is reported that the project will release its first IDO on the Bybit web3 inscription launchpad on March 22. Regulatory NewsU.S. Utah judge imposes sanctions on SEC for "serious abuse of power" in Debt Box caseOn March 19, a Utah judge in the United States imposed sanctions on the Securities and Exchange Commission (SEC) for its "malicious conduct" in the case against Debt Box. In its response, the SEC acknowledged that its attorneys made inaccuracies in stating supporting facts, failed to properly distinguish between direct facts and inferences, and failed to promptly correct inaccurate statements when they were discovered. While the SEC expresses deep regret and has taken steps to prevent similar problems from occurring in the future, it contends that sanctions should not be imposed in this case. However, Judge Robert J. Shelby pointed out that the regulators knowingly acted in a manner that required them to obtain a temporary restraining order (TRO) and freeze Debt Box’s assets last August. The court presented false evidence and was severely criticized. “The SEC’s conduct constitutes a serious abuse of its delegated authority and seriously undermines the integrity of these proceedings and the judicial process,” Judge Shelby said in the March 18 filing. He explained that the SEC provided “ "Key evidence" lacked any basis and was advanced in a "deliberately false and misleading manner." Shelby further stated: "Such malicious conduct is inseparable from abuse, and it is appropriate to impose sanctions of attorney's fees and costs for all expenses incurred as a result of this conduct." The SEC alleged in its August lawsuit that Debt Box ran a fraudulent cryptocurrency scheme worth $50 million and claimed that Debt Box had sent $720,000 of the funds overseas and that if notified of the order, it would Will flee to the UAE and secretly transfer more assets. Although the request was initially granted, Judge Shelby reviewed his preliminary order after the fact and concluded that the SEC misled the evidence and that the $720,000 transfer actually occurred within the United States. Fidelity Adding staking services to its Ethereum spot ETF applicationOn March 19, asset management giant Fidelity stated in a revised document submitted to the U.S. Securities and Exchange Commission (SEC) that it planned to Its potential Ethereum spot ETF traders provide staking service capabilities. Fidelity filed documents to launch an Ethereum spot ETF in November, competing with other issuers such as BlackRock, Ark Invest and Grayscale. Fidelity noted in a Form 19b-4 that “subject to the registration statement, the Issuer may, from time to time, pledge a portion of the Fund’s assets through one or more trusted pledge service providers (which may include affiliates of the Issuer). ”Crypto-friendly Congressman French Hill Seeking to lead the U.S. House Financial Services CommitteeOn March 18, according to The Block, Arkansas Republican Congressman French Hill is running to become the next chairman of the House Financial Services Committee. The cryptocurrency-friendly Arkansas Republican is seeking to chair the committee, replacing current chairman Patrick McHenry of North Carolina. Patrick McHenry has announced his plans to retire in early 2025. Welcome to join the official BlockBeats communityTelegram subscription group: https://t.me/theblockbeatsTelegram communication group: https://t.me/theblockbeatsAppTwitter official account: https://twitter.com/BlockBeatsAsia
Hot Project
Vol Ranking