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Weekend Crypto News Quick Take(3.30-4.1)

Weekend Crypto News Quick Take(3.30-4.1)

Bitget2024/04/01 02:22
By: Tommy
BTC-0.41%MFER0.00%CATWIF0.00%

1.Mainstream exchange dynamics:

Bitget list MFER and CATWIF.

Coinbase Derivatives has postponed the launch of the DOGE futures contract to April 29, after previously announcing that it would launch monthly cash-settled futures contract trading for Dogecoin, Litecoin and Bitcoin Cash on April 1.

2. Mainstream projects hot event trends:

CME Fed Watch: The probability of the Fed keeping interest rates unchanged in May is 95.8%, and the probability of the Fed keeping interest rates unchanged in June is 36.4%.

Stakestone, the full-chain LST protocol, started lock-up mining on March 30, with a recharge limit of 200,000 STONE. The TVL exceeded US$49 million 5 minutes after staking was opened.

UniSat has been upgraded to v1.2.10, supports 5-byte BRC20 and optimized display methods.

On March 31, PendleTVL exceeded US$3.4 billion, setting a record high; at the same time, PENDLE exceeded 5.1 USDT, continuing to set a record high.

On March 31, BaseTVL exceeded US$3.2 billion, an increase of 62.69% within 7 days;

BitgetWallet has supported the DegenChain main network, which can be searched and added with one click. The DApp area has been included to support DegenChain cross-chain bridge, DEX, market tools, etc.

3. Financing information updates:

According to data from TheBlock Deals Dashboard, the total financing of cryptocurrency or blockchain companies exceeded US$1.4 billion in March, the highest level since September 2022.

Farcaster developer Merkle Manufactory is about to complete a high-profile investment round led by Paradigm, with a valuation of approximately US$1 billion.

Arrow Markets, an options trading platform based on Avalanche, completed US$4 million in Series A financing, with participation from institutions such as Framework Ventures, Delphi Ventures and Avalanche Blizzard Ecosystem Fund.

Web3 base layer Mystiko.Network completed a $18 million seed round of financing, led by Sequoia Capital India/SEA (now known as Peak XV Partners), Samsung Next,
Hashkey and others participated in the investment.

Modular blockchain sophon completed US$10 million in financing, with participation from OKX, SevenX and others.

4. Regulatory information updates:

U.S. CFTC Commissioner Caroline Pham said that the CFTC's accusation against KuCoin may have violated the SEC's powers. The CFTC's recent accusation against KuCoin may interfere with its cooperative institutions.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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