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Arkham Airdrop Snapshot Occurred on July 8th | Cryptocurrency Trends

Cary, Bitget Research
2023/07/11
Arkham Airdrop Snapshot Occurred on July 8th | Cryptocurrency Trends

1. Mainstream Exchange Trends:

● Coinbase CEO and 3 other top executives sell nearly US$6.9 million of Coinbase shares.
Binance.US experience abnormal price fluctuations for many USD trading pairs, though USDT trading pairs remain normal. On June 23, the exchange announced that the majority of USD trading pairs would be removed as banking partners were suspending services.
● Mainstream Exchange Listings (CEX: Token — Time of Listing in UTC)
Bitget: AI Smart Contract (0X0) — July 11, 11:00 AM.
Binance: Arkham (ARKM) launches on Launchpad — July 11 – July 18.

2. Cryptocurrency Trends:

● Arkham: Airdrop snapshotted on July 8 and will be ready to claim on July 18.
● Blend, the NFT lending protocol of Blur, to add support for the Azuki Elementals and Elemental Beans NFT collections.
● STEPN developer FSL to launch a social MMO game called Gas Hero with STEPN token (GMT) to serve as the in-game currency.
● Standard Chartered Bank publishes a report that says that Bitcoin could rise to US$50,000 by the end of this year and US$120,000 by the end of 2024.

3. Financing Trends:

● Crust Network receives a multi-million-dollar investment from DWF Labs and plans to launch its EVM storage service on July 17.
● Web3 startup Narval raises US$4 million in seed round funding led by BlockTower VC, with participation from Fabric, a16z, and others.

4. Regulatory Trends:

● Former SEC Chairman: "...the spot product is less drag, more efficient for the investors", BTC spot ETF approval would be "hard to resist".
● Bank of England Governor Andrew Bailey: Stablecoins are "not robust" and fail to "meet the standards of safe money".
Disclaimer: This content includes third-party opinions, and we do not guarantee its accuracy. Cryptocurrency prices are highly volatile, so please conduct your own research and make judgments accordingly.
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