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Are Bitcoin ETFs on track to surpass Satoshi Nakamoto as the largest BTC holder?
Are Bitcoin ETFs on track to surpass Satoshi Nakamoto as the largest BTC holder?

Bitcoin ETFs are on track to surpass Satoshi Nakamoto as the largest BTC holder by 2025. Satoshi Nakamoto is currently the top Bitcoin holder, allegedly holding 1.1 million BTC. BlackRock’s IBIT Bitcoin ETF is the third-largest BTC holder as the AMC supervises $10T in AUM.

Cryptopolitan·2024/08/12 16:00
Sui open interest remains near peak, traders aim to protect long positions
Sui open interest remains near peak, traders aim to protect long positions

Share link:In this post: SUI open interest continued to grow above $256M. The Sui network is highly active, with more than 400K reported daily wallet interactions. Sui is a VC-backed project, with 75% of the tokens still locked and waiting to enter the market.

Cryptopolitan·2024/08/12 16:00
Hamster Kombat turned down VC offers to ‘protect players’
Hamster Kombat turned down VC offers to ‘protect players’

Telegram-based Hamster Kombat said it has turned down multiple VC offers and has no external investors. The Web3 game claims it rejected VC offers to protect its players from becoming exit liquidity. Still no information on when the HMSTR airdrop will happen.

Cryptopolitan·2024/08/12 16:00
Ethereum (ETH) adds $150M fresh supply in 30 days as inflation grows
Ethereum (ETH) adds $150M fresh supply in 30 days as inflation grows

Share link:In this post: Ethereum (ETH) increased its inflation to 0.67% as network usage slows down. An additional 57,000 ETH increased the supply in the past month. L2 have a mixed effect on Ethereum, by taking away some of the traffic, but raising demand for blob payments.

Cryptopolitan·2024/08/12 16:00
U.S. PPI rises 0.1% in July as inflation slows further
U.S. PPI rises 0.1% in July as inflation slows further

The U.S. Producer Price Index (PPI) only went up by 0.1% in July, showing that inflation is slowing down more than expected. Investors are watching the Fed closely, wondering if they’ll cut interest rates in September as inflation cools off. Major stock indices and Ethereum prices are on the rise, with ETH seeing big inflows into spot ETFs.

Cryptopolitan·2024/08/12 16:00
Polymarket partners with Perplexity to enhance prediction market experience
Polymarket partners with Perplexity to enhance prediction market experience

Share link:In this post: Polymarket and Perplexity are partnering to integrate advanced news summarization. The collaboration will enhance user engagement with features like customizable pages. Polymarket is seeing record growth due to interest in the US presidential election.

Cryptopolitan·2024/08/12 16:00
Flash
19:56
US Space Force: Blue Origin is still expected to undertake key satellite launch missions
Golden Ten Data, June 5 — The U.S. Space Force’s procurement division stated that despite the launchpad explosion last week, Jeff Bezos’s Blue Origin remains eligible to compete, thus bidding alongside Elon Musk’s SpaceX for the highly lucrative U.S. military space launch projects. The U.S. Space Force noted that this Blue Origin incident did not occur during an actual launch, but was part of a final pre-launch ignition test. Since the explosion did not happen during a certification flight, the agency said this will not result in Blue Origin being excluded from the certification process, and the company can still participate in bidding for the Pentagon’s "National Security Space Launch Program" Phase Three (“Lane 2”) contracts.
19:39
Trump stated that they will ensure the normal operation of 14 coal-fired power plants and 42 coal mines, and will also build two new coal-fired power plants and a large coal export terminal.
Coal exports are a high-quality foreign trade industry with very promising development prospects, and the stability advantage of coal-fired power generation is something other energy sources find difficult to replace. Various alternative energies struggle to achieve the same level of stable power supply as coal-fired power generation.
19:37
On Thursday, June 4th, at the close of trading in New York, the ICE U.S. Dollar Index fell by 0.10% to 99.432 points, remaining in a downward trend throughout the day. Before 16:00 (GMT+8), it held steady around 99.450 points, then displayed a V-shaped movement, hitting a daily low of 99.179 points at 20:00.
The Bloomberg Dollar Index fell by 0.06% to 1,204.71 points. In early European trading, the index briefly turned positive and reached an intraday high of 1,205.94 points at 15:41 (UTC+8). A V-shaped movement followed, and the index hit a new intraday low of 1,202.49 points at 20:00 (UTC+8).The US dollar against the Japanese yen fell by 0.03% to 160.02 yen. During a brief sharp decline, it reached a new intraday low of 159.61 yen at 12:34 (UTC+8).
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