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Bitget launched ADAUSD futures on May 10 , 2024 (UTC+8) with a maximum leverage of 20x. Welcome to try futures trading via our official website (www.bitget.com) or Bitget APP. ADAUSD (COIN-M Perpetual Futures): Parameters Details Listing time May 10, 2024 8:00 (UTC) Underlying asset ADA Settlement
The three spot bitcoin ETFs in Hong Kong saw about 90.16 BTC leave the products on Thursday, according to SosoValue.The total trading volume of the three ETFs amounted to $2.06 million on Thursday, down from $9.74 million on April 30, their first trading day.
The 11 spot bitcoin ETFs in the U.S. recorded a total daily net outflow of $11.29 million on Thursday.Only Grayscale’s GBTC saw net outflows on the day.
Institutional Crypto Research Written by Experts
The revenue sources of the Ethena protocol are spot collateral yield + funding rate revenue from short positions. The introduction of BTC collateral dilutes the collateral yield rate, while market calmness and a significant reduction in Ethena's short positions have decreased the funding rate revenue.
“A vote for Biden is a vote against the American cryptocurrency industry,” said Charles Hoskinson in a video that lashed the White House for its ongoing treatment of crypto in the United States.
In the foreseeable future, the growth curve of Bitcoin's programmability will enter an accelerated growth phase, and the assets, users, and applications of the Bitcoin ecosystem will usher in a wave of explosive growth in the Cambrian era.
- 07:48Sui Network launches Passkey SDK, enhances dApp login security, and integrates with Range USDC ExplorerOn January 16th, according to the latest announcement from Sui Network, Sui Network has officially launched the Sui Passkey SDK, which further simplifies the user login process for dApps and enhances security. Now, developers can achieve more flexible identity verification through FaceID, security keys, or QR codes, thereby improving the overall User Experience and security of Web3 applications. In addition, Sui Network has partnered with Range Security to integrate its USDC Explorer into the Sui Network. Through this integration, users can monitor cross-chain USDC transactions in real time, including platforms such as Ethereum, Solana, Avalanche, and Noble, and use this tool to analyze transaction flows, detect anomalies, and improve asset security. Range USDC Explorer provides leading cross-chain monitoring and analysis tools for Circle's CCTP transactions, further enhancing the cross-chain transaction capabilities of the Sui Network. With this new feature, Sui Network users can enjoy a more convenient and secure digital asset management experience, and this integration is expected to significantly enhance Sui Network's market competitiveness.
- 07:46Virtual Agreement Launches $40 million Repurchase and Destruction Program, Small Agents Benefit the MostOn January 15th, Messari researcher Nick Garcia stated on X that the VIRTUAL agreement announced a $40 million buyback and destruction plan aimed at supporting agents in the ecosystem. Data shows that small agents have become the biggest beneficiaries of this plan, with a buyback market value ratio close to 0.25, significantly higher than the 1 when the plan was first announced. Currently, the implementation of this buyback plan helps to improve the market performance of the entire ecosystem. In addition, according to the official news from VIRTUAL yesterday, VIRTUAL also announced that it is actively conducting market buybacks. As of January 15, 2025, VIRTUAL protocol has recovered 12,990,427.85 VIRTUAL through Post Bonding interaction, and plans to continue corresponding token buyback operations in the next 30 days. The repurchased tokens will mainly be distributed to creators, token unions, and DAO governance within the ecosystem. Specifically, creators will receive 30% of the rewards, token unions will receive 20%, and 50% of the returns will go into the DAO governance fund.
- 07:41Data: A certain whale transferred 20,000 ETH to CEX, worth approximately 67.59 million USDAccording to @EmberCN monitoring, a whale/institutional address has transferred 20,000 Eth (approximately $67.59 million) into CEX. It is reported that this address had withdrawn 120,874 Eth (about $199.1 million) from CEX in September 2022 when the price of Eth was $1,647. Over the past eight months, this address has transferred a total of 50,000 Eth (about $167.4 million) into CEX at an average price of $3,348 per Eth and realized profits of $85.05 million. Currently, this address still holds 70,874 Eth (approximately $239.8 million).