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BTC breaks through $98,500
Bitget market data shows that BTC has broken through $98,500, currently quoted at $98,509.86, with a 24-hour increase of 0.26%.
Bitget market data shows that BTC has broken through $98,500, currently quoted at $98,509.86, with a 24-hour increase of 0.26%.
ETH, BTC Large Pending Orders Emerge
Recently, a large number of substantial orders have appeared in the Bitcoin and Ethereum markets, attracting market attention. According to analysis, these orders may come from major funds with the possible intention of guiding price trends. For example, in the Bitcoin market, there was a perpetual close order worth 9.94 million USD; while in the Ethereum market, there was one worth 17.29 million USD. These orders are displayed as horizontal lines on K-line charts - thicker lines represent larger order amounts and longer lines represent longer order times. This suggests that these major funds are actively positioning themselves to try influencing market trends. Investors need to closely monitor these large-scale orders' movements and make corresponding investment decisions based on market conditions. It should be noted that these large-scale orders are just one signal within the market and do not necessarily mean that the market will develop as expected. Investors need to consider other factors such as fundamental market conditions and technical indicators for comprehensive judgment.
Recently, a large number of substantial orders have appeared in the Bitcoin and Ethereum markets, attracting market attention. According to analysis, these orders may come from major funds with the possible intention of guiding price trends. For example, in the Bitcoin market, there was a perpetual close order worth 9.94 million USD; while in the Ethereum market, there was one worth 17.29 million USD. These orders are displayed as horizontal lines on K-line charts - thicker lines represent larger order amounts and longer lines represent longer order times. This suggests that these major funds are actively positioning themselves to try influencing market trends. Investors need to closely monitor these large-scale orders' movements and make corresponding investment decisions based on market conditions. It should be noted that these large-scale orders are just one signal within the market and do not necessarily mean that the market will develop as expected. Investors need to consider other factors such as fundamental market conditions and technical indicators for comprehensive judgment.
The net supply of Ethereum has increased by 9416.66 in the past 7 days
According to Ultrasound.money data, the net supply of Ethereum has increased by 9416.66 in the past 7 days, with a supply increase of approximately 18197 ETH and 8780 ETH destroyed through the burning mechanism. The current annual growth rate of supply is 0.408%.
According to Ultrasound.money data, the net supply of Ethereum has increased by 9416.66 in the past 7 days, with a supply increase of approximately 18197 ETH and 8780 ETH destroyed through the burning mechanism. The current annual growth rate of supply is 0.408%.
AIOZ broke through $1.15, with a 24-hour increase of 28.0%
The market shows that AIOZ has broken through $1.15, currently quoted at $1.11, with a 24-hour increase of 28.0%.
The market shows that AIOZ has broken through $1.15, currently quoted at $1.11, with a 24-hour increase of 28.0%.
Analysis: Aave and MakerDAO shine in 2024, DeFi protocol revenue returns to 2021 highs driven by new platforms
Various DeFi protocols generated substantial revenue in 2024, with many mature protocols nearing their 2021 peak income figures and newer platforms establishing themselves as key contributors. Pump.fun was one of the most notable highlights of the Solana ecosystem this year. In 2024, Pump.fun generated $313 million in fees, averaging $31 million per month, with an average monthly growth rate of nearly 77%. Jito started from a mere $5 million fee in January and grew at an average monthly rate of 79%, reaching a total annual fee amounting to $603 million by the end of the year. Meanwhile, Ethena went from just $1.7 million in fees in January 2024 to over $267 million by year-end. Notably, more than 54% of Ethena's annual revenue was generated during the last three months when it grew at an average monthly rate of 150%. On another note, MakerDAO far exceeded its historical high-income figures from May 2021 ($12.8m) and April 2024 ($32.6m). As this article is being written, MakerDAO has produced nearly $40m worth revenues for December alone - up by about a third on November’s figure - contributing to over $313m for the whole year which represents a rise of around176% compared to that seen back in '23; despite such growth though MKR token fell by some10% throughout this same period . For Aave , there was something like resurgence come '24 where revenues neared all-time highs: December saw them hit almost$60 .9 m – not too far off October ’21’s peak($65 .39 m ). Over course entire annum , they pulled total$389 M (or roughly$32 .4 M /month ) while maintaining steady14 % MoM increase ; equating YoY uptick whopping244 %. Against backdrop , token itself soared well over200 %.
Various DeFi protocols generated substantial revenue in 2024, with many mature protocols nearing their 2021 peak income figures and newer platforms establishing themselves as key contributors. Pump.fun was one of the most notable highlights of the Solana ecosystem this year. In 2024, Pump.fun generated $313 million in fees, averaging $31 million per month, with an average monthly growth rate of nearly 77%. Jito started from a mere $5 million fee in January and grew at an average monthly rate of 79%, reaching a total annual fee amounting to $603 million by the end of the year. Meanwhile, Ethena went from just $1.7 million in fees in January 2024 to over $267 million by year-end. Notably, more than 54% of Ethena's annual revenue was generated during the last three months when it grew at an average monthly rate of 150%. On another note, MakerDAO far exceeded its historical high-income figures from May 2021 ($12.8m) and April 2024 ($32.6m). As this article is being written, MakerDAO has produced nearly $40m worth revenues for December alone - up by about a third on November’s figure - contributing to over $313m for the whole year which represents a rise of around176% compared to that seen back in '23; despite such growth though MKR token fell by some10% throughout this same period . For Aave , there was something like resurgence come '24 where revenues neared all-time highs: December saw them hit almost$60 .9 m – not too far off October ’21’s peak($65 .39 m ). Over course entire annum , they pulled total$389 M (or roughly$32 .4 M /month ) while maintaining steady14 % MoM increase ; equating YoY uptick whopping244 %. Against backdrop , token itself soared well over200 %.
Over the past week, more than 7700 BTC have flowed out of Coinbase Pro
According to the latest data from Coinglass, 7734.98 Bitcoins have flowed out of the CoinbasePro exchange wallet in the past week. As of now, the balance of the Coinbase Pro Bitcoin wallet is 716,601.37 BTC.
According to the latest data from Coinglass, 7734.98 Bitcoins have flowed out of the CoinbasePro exchange wallet in the past week. As of now, the balance of the Coinbase Pro Bitcoin wallet is 716,601.37 BTC.
The Canadian listed company Kontrol Technologies holds 25 BTC
The Canadian listed company, Kontrol Technologies Corp., announced that after completing several successful RFPs (Request for Proposals), it has added multiple city clients. Kontrol won these opportunities by competing with larger organizations and will provide its sustainability solutions to multiple buildings in its client portfolio. Following the press release on November 8, 2024, the company accelerated its Bitcoin strategy on its balance sheet and currently holds approximately 3 million Canadian dollars of Bitcoin or Bitcoin-related tokens on its balance sheet.
The Canadian listed company, Kontrol Technologies Corp., announced that after completing several successful RFPs (Request for Proposals), it has added multiple city clients. Kontrol won these opportunities by competing with larger organizations and will provide its sustainability solutions to multiple buildings in its client portfolio. Following the press release on November 8, 2024, the company accelerated its Bitcoin strategy on its balance sheet and currently holds approximately 3 million Canadian dollars of Bitcoin or Bitcoin-related tokens on its balance sheet.
Ripple CEO: 75% of Ripple's vacant positions are now in the United States
Ripple CEO Brad Garlinghouse announced that currently 75% of Ripple Labs' job vacancies are in the United States, and after the November 2024 elections, the company has more transactions and partnerships in the US than in the previous six months. Garlinghouse attributes these changes to the upcoming Trump administration and Donald Trump's pro-cryptocurrency remarks.
Ripple CEO Brad Garlinghouse announced that currently 75% of Ripple Labs' job vacancies are in the United States, and after the November 2024 elections, the company has more transactions and partnerships in the US than in the previous six months. Garlinghouse attributes these changes to the upcoming Trump administration and Donald Trump's pro-cryptocurrency remarks.
FTX sold 890 million SUI and equity to Mysten Labs for $96 million in March last year, which is now worth $4.6 billion
On January 5, FTX creditor Sunil posted on X stating: "SUI has reached $5.2, with a market value of $16 billion. In March 2023, FTX sold 890 million SUI (stock warrants) + equity to Mysten Labs at a price of $96 million. These tokens are now worth about $4.6 billion."
On January 5, FTX creditor Sunil posted on X stating: "SUI has reached $5.2, with a market value of $16 billion. In March 2023, FTX sold 890 million SUI (stock warrants) + equity to Mysten Labs at a price of $96 million. These tokens are now worth about $4.6 billion."
