👋 OneKey Card announced the gradual cessation of service. card.onekey.so
📊👀 #BTC According to statistics resource BGeometrics, the current realized price of STH (short-term holders) is around $62,250
💳👀 Visa plans to launch a pilot project Visa Tokenized Asset Platform (VTAP) on Ethereum in 2025. blockworks
🇰🇷 #BTC Crypto traders on South Korea-based exchanges seem to have shifted from Bitcoin to alternative cryptocurrencies (altcoins) amid bullish analysts' forecasts in the wake of the recent U.S. interest-rate cut.
That's the message from analytics firm CryptoQuant's Bitcoin Korea premium index, which measures the price gap between Korean and offshore exchanges.
The index turned negative Wednesday, sliding to -0.55, reflecting the deepest discount since October 2023. In other words, Bitcoin has fallen out of favor in Korea. coindesk
That's the message from analytics firm CryptoQuant's Bitcoin Korea premium index, which measures the price gap between Korean and offshore exchanges.
The index turned negative Wednesday, sliding to -0.55, reflecting the deepest discount since October 2023. In other words, Bitcoin has fallen out of favor in Korea. coindesk
💰 Initia has raised $14 million in a Series A round ahead of the launch of its mainnet and token. theblock
🍿Andrey Grachev (DWF): Just arrived in Abu Dhabi, cooking something special for the industry
📊🤔 #BTC C.Q.: There is a very high probability that as the price approaches the $73K level, we will see a large influx of new liquidity in the futures market, followed by a strong price movement. At least, this has happened in the past.
Right now, the goal is to push the price towards ATH.
Right now, the goal is to push the price towards ATH.
🔎📝 #RWA #LINK Chainlink report: By 2030, the global market for tokenized assets could grow to $10 trillion.
A BNY Mellon and Celent survey cited in the Chainlink report shows that 97% of institutional investors agree that tokenization will “revolutionize asset management.”
A BNY Mellon and Celent survey cited in the Chainlink report shows that 97% of institutional investors agree that tokenization will “revolutionize asset management.”
📊👀 Glassnode report:
- Short-term holders experience slightly less pressure, as prices rise above costs after a period of net capital outflows;
- New investors show some resilience, as evidenced by the relatively small size of realized losses, which indicates confidence in the general upward trend;
- In the perpetual futures market there is careful restoration of mood: Demand is gradually increasing, but is still below levels seen during strong bull markets.
- Short-term holders experience slightly less pressure, as prices rise above costs after a period of net capital outflows;
- New investors show some resilience, as evidenced by the relatively small size of realized losses, which indicates confidence in the general upward trend;
- In the perpetual futures market there is careful restoration of mood: Demand is gradually increasing, but is still below levels seen during strong bull markets.
👀🗣 #ETH CoinShares: "Ethereum transaction demand is concentrated in several speculative use cases, which limits its long-term growth in value.
With the advent of L2 scaling solutions, the demand for Ethereum has decreased and we are faced with the challenge of facilitating the development of network applications that have long-term value."
With the advent of L2 scaling solutions, the demand for Ethereum has decreased and we are faced with the challenge of facilitating the development of network applications that have long-term value."
🤔🗣 #SOL VanEck: Solana has the potential to reach 50% of Ethereum market cap
📈👀 #cbBTC now represents 49% of the total wrapped Bitcoin volume, claiming the top spot just two weeks after launch.