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Flow, the Layer-1 home to NBA Top Shot, has announced its EVM upgrade, Google and Ubisoft as node operators, the Flow Community Rewards, and a dev World Tour.
Notably, $85,000 of this influx came from just two wallet addresses, signaling that whales are aggressively acquiring $PEPU while the project is still in presale.
Quick Take Synthetix has introduced a blockchain named SNAXchain using Optimism’s infrastructure. The development of the network involves a partnership with Conduit.
Liquid staking lets Bitcoin holders earn yield on their BTC while continuing to freely trade their tokens.
Activity on Runes has remained low since May, with the protocol’s transaction share plunging to 3.2% of the total Bitcoin transactions.
Share link:In this post: OpenAI is reportedly working on paid features for its new models, including the “Strawberry” and “Orion” models. Such subscriptions could range from $2000 per month, much more expensive than the current $20 per month for the ChatGPT Plus. Open AI has more than 1 million paid corporate users.
From the impact of crypto whales to the effects of bitcoin mining, traders are constantly engaged in narratives that affect the market’s trajectory.
- 07:39"Short King" Profits $9.68 Million from Shorting 16 AltcoinsOdaily Planet Daily News: According to on-chain analyst @ai_9684xtpa, the "short-selling leader" who previously shorted 16 altcoins on Hyperliquid has now accumulated profits of $9.68 million, significantly higher than last week's $3.56 million. Of the 16 positions currently held, 15 are in unrealized profit, with the only losing position, HYPE, narrowing its loss to $1.92 million. The total value of all positions is approximately $53.3 million.
- 07:38Matrixport: Bitcoin ETFs Attract Over $45 Billion, but the Market Faces Hidden Selling PressureOdaily Planet Daily reports that Matrixport has released its latest weekly report, noting that Bitcoin ETFs have attracted over $45 billion in cumulative inflows, with stable corporate allocation demand and growing institutional interest. However, despite the strong capital inflows into ETFs, the market still faces hidden selling pressure risks, especially when the price of Bitcoin approaches the average holding cost of retail investors over the past year (around $45,000). At such levels, potential selling pressure may emerge, possibly creating resistance to further price increases. The report also points out that since some funds that flowed into Bitcoin ETFs in Q2 2024 are still at a loss, the market may continue to undergo structural adjustments in the short term. The key lies in whether Bitcoin can break out of its current range and trigger a new wave of capital inflows.
- 07:36Data: In the past 24 hours, total liquidations across the network reached $81.60 million, with long positions accounting for $46.45 million and short positions for $35.15 millionAccording to ChainCatcher, citing data from Coinglass, total liquidations across the network reached $81.60 million in the past 24 hours, with long positions accounting for $46.45 million and short positions for $35.15 million. Specifically, Bitcoin long liquidations amounted to $5.14 million, while Bitcoin short liquidations totaled $4.68 million. For Ethereum, long liquidations reached $7.74 million and short liquidations were $9.08 million.