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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

Today2025-02-02
17:14

Trump: If Canada becomes the 51st state of the United States, it will be "exempt from tariffs"

U.S. President Trump posted on the "Truth Social" platform Sunday morning local time, stating that if Canada becomes the 51st state of the United States, it will be "exempt from tariffs!" The president wrote: Therefore, Canada should become our beloved 51st state. Canadian citizens will enjoy much lower taxes, receive much better military protection and - exempt from tariffs.

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17:13

SUI fell below 3.5 US dollars

The market shows that SUI has fallen below 3.5 US dollars, currently quoted at 3.49 US dollars, with a 24-hour drop of 10.51%. The market fluctuation is significant, please manage your risk accordingly.

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16:52

Data: 100 million XRP unlocked from the custodial account

According to Whale Alert monitoring, at 22:20 Singapore time, 100 million XRP (worth $283.89 million) were unlocked from escrow.

In 2017, Ripple Inc. locked up 55 billion XRP (representing 55% of the total supply) in an escrow account based on the XRP Ledger. These escrow accounts are controlled by smart contracts and automatically unlock one billion XRP each month (originally set at one billion per month before 2020, later adjusted to 450 million per month). Not all of the unlocked one billion XRP enter circulation each time; Ripple typically only uses a portion of the unlocked tokens (such as for market sales), with the remaining part being re-locked into escrow for future release. In 2020, Ripple extended its escrow contract from 55 months to 70 months to further slow down releases.

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16:47

CryptoQuant CEO: Meme coins with practical use and mature systems may emerge in the future

CryptoQuant CEO Ki Young Ju posted on platform X, stating that although he is not a fan of Meme coins, he still believes they have potential value. The current phenomenon of Meme coins is similar to the original collective consciousness. These communities operate in ways similar to shared belief systems and may evolve from "shamanic movements" into more structured belief systems. Harmful Meme communities should be rejected, while those promoting positive spiritual energy can receive support. Although the value of Meme coins is limited at this stage, in the long term, Meme coins with practical uses and mature systems may emerge. In the future, religious organizations, charities, and non-governmental organizations may issue socially valuable Meme coins to provide new social and economic models for internet communities.

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16:42

Data: The funding rate of mainstream exchanges has turned negative

According to Coinglass data, as the price of Bitcoin continues to probe lower, the funding rate of perpetual contracts on mainstream exchanges has turned negative, reflecting a bearish shift in market sentiment.

Analysts point out that a brief negative turn in Bitcoin's funding rate often signals the formation of a "local bottom". Historical data shows that when the funding rate turns from positive to negative, it is often accompanied by leverage liquidation and changes in market sentiment. However, this signal needs to be combined with other technical indicators for comprehensive judgment and cannot simply be regarded as a market bottom signal.

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16:41

BTC breaks through 99,000 US dollars

The market shows that BTC has broken through $99,000, currently quoted at $99,017.16, with a 24-hour drop of 2.88%. The market fluctuation is significant, please manage your risk well.

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16:40

Data: The 1inch investment fund has once again bought the dip in ETH, purchasing 3257 ETH at an average price of $3070 each

According to EmberCN monitoring, the 1inch team's investment fund has once again bought ETH at a low price: The investment fund spent 10 million USDC in the past 20 minutes to buy 3257 ETH, with an average purchase price of $3070.

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16:39

Due to the market-making announcement by Myrrha Labs, MUSKIT briefly surged over 50%

Due to the announcement by Myrrha Labs about market making, MUSKIT briefly rose more than 50%, currently reported at $0.04289. Prior news announced that Myrrha Labs has become a market maker for MUSKIT.

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16:38

400 million XRP have been unlocked from an unknown wallet's custodial account, worth approximately 1.136 billion US dollars

Whale Alert monitoring shows that at 22:35 Singapore time, 400 million XRP (approximately 1.136 billion US dollars) were unlocked from the custody account of an unknown wallet.

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16:37

The total open interest of BTC contracts across the entire network has reached 647,200 BTC

According to Coinglass data, the total amount of unsettled BTC contracts across the network has reached 647,200 (approximately $64.027 billion), a decrease of 1.65% in 24 hours. Among them, CME leads with 177,300 BTC (approximately $17.499 billion), accounting for 27.33%, a decrease of 3.13% in 24 hours.

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