AICoin Focus: Daily Hot Picks (September 23rd)

CN
AICoin
Follow
1 month ago

1. A senior executive at Silvergate Bank stated that the bank's bankruptcy application was due to "sudden regulatory changes," highlighting the impact of regulatory pressure on crypto institutions.

2. The position of the IBIT, a spot Bitcoin exchange-traded fund under BlackRock, has remained unchanged for a consecutive week, indicating a cautious stance by large institutions towards the market trend.

As of September 20, the IBIT's position in the spot Bitcoin exchange-traded fund reached 357,550.2143 BTC, valued at approximately $22,497,148,867.85. Historical data shows that as of September 16, the IBIT's position was also 357,550.2143 BTC, indicating that the IBIT's position has likely remained unchanged for a week. [Original Text]

3. JJ Lin posted a photo with Ethereum founder Vitalik Buterin on social media, indicating an increased attention to cryptocurrencies from well-known individuals and brands.

JJ Lin posted a photo with Ethereum founder Vitalik Buterin on X platform and stated, "I am pleased to collaborate with Vitalik Buterin and the Ethereum Foundation in Singapore." [Original Text]

4. Next week, YGG tokens worth approximately $6.35 million, accounting for 1.408% of the total supply, will be unlocked.

Three crypto projects will unlock tokens next week, releasing a total value of approximately $16.09 million. On September 27, YGG will unlock around 14.08 million tokens (approximately $6.35 million), accounting for 1.408% of the total supply; on September 28, AGIX will unlock around 8.19 million tokens (approximately $5.68 million), accounting for 0.41% of the total supply; on September 29, ENA will unlock around 14.88 million tokens (approximately $4.06 million), accounting for 0.099% of the total supply. [Original Text]

5. U.S. economists state that inflation data is expected to stabilize at the Federal Reserve's target level by the end of next year or early 2026, providing positive expectations for long-term market stability.

Elizabeth Renter, senior economist at NerdWallet, stated that if everything goes as planned, U.S. inflation data will continue to slow down and then stabilize at the Federal Reserve's target level by the end of next year or early 2026, hoping that there will be no severe economic recession during this process. In addition, Bret Kenwell, U.S. investment analyst at eToro, stated that to maintain economic stability and prevent a resurgence of inflation, lower interest rates and strong profit growth can continue to drive the long-term rise of U.S. stocks. [Original Text]

6. Dragonfly Capital is seeking to raise $500 million for its new fund, having already raised half of the funds, indicating the continued activity in the crypto venture capital market.

7. Ari Paul, founder of BlockTower Capital, stated that CZ and SBF have committed similar offenses, and the U.S. may treat the former more leniently, reflecting another attitude of regulation towards the crypto industry.

Ari Paul, founder and chief information officer of BlockTower Capital, opposed CryptoQuant CEO Ki Young Ju's positive view of CZ and stated that the offenses committed by CZ are similar to those of SBF. If the federal government is willing, he could be imprisoned for life. CZ stole customer deposits and engaged in gambling. "He has committed dozens of crimes in dozens of ways to deceive retail." He deliberately facilitated money laundering and worse behavior for criminal groups. Why was he only charged a little? Because the federal government is either afraid he will take away over $30 billion of retail funds by bribing the UAE ruler for sovereign immunity, or the federal government wants a large number of Binance documents that can prove the guilt of the industry. It is worth noting that Ari Paul cited a Reuters report accusing CZ of obtaining approximately $11 billion in customer assets through trading companies. In response, CryptoQuant CEO Ki Young Ju quoted the U.S. Department of Justice's accusation statement against CZ, stating that Reuters' report lacks conclusive evidence, only indirect suspicion, and no legal conviction. Moreover, "the Department of Justice did not accuse CZ of embezzling customer funds, but of conspiring to launder money." [Original Text]

8. Key events to watch next week include the release of Binance founder Zhao Changpeng from prison and the launch of Binance's Launchpool project HMSTR for trading.

9. Ethereum transaction fees have recently surged, despite the number of active accounts dropping to a low point since the beginning of the year, indicating complex changes in network activity.

Ethereum transaction fees have surged in the past week, rebounding from the low point earlier this month when the network's average transaction fee reached the lowest level since 2020. Despite the soaring transaction fees, it has also increased the amount of Ether burned, but the number of active addresses on the network has dropped to the lowest level so far this year. [Original Text]

10. Research analyst David Zimmerman pointed out that stablecoins and other practical use cases for cryptocurrencies have arrived, further driving the widespread application of the market.

David Zimmerman, a research analyst at K33 Research, stated that despite the meme coin frenzy leading many to question whether cryptocurrencies will stop these absurd behaviors and provide real use cases, if we look closely, practical uses for cryptocurrencies already exist. The market value of stablecoins in the crypto market recently reached $175 billion, and stablecoins are crucial products for people in emerging markets, whether to avoid hyperinflation of their national currency or to avoid predatory remittance fees. Mastercard recently partnered with Mercuryo, allowing users to use their custodied cryptocurrencies at over 100 million merchants. PayPal and Venmo have just integrated Ethereum Name Service, allowing users to transfer cryptocurrencies using readable names instead of traditional wallet addresses. The DePIN project Helium has partnered with major telecom companies, and currently, 113,000 people have registered for its mobile service. This means that 113,000 people have abandoned companies like Verizon and chosen cryptocurrencies as an alternative. Telegram, with nearly 1 billion monthly active users, has integrated the Telegram Open Network (TON), allowing users to easily transfer cryptocurrencies like sending text messages. The Asian messaging app LINE, with over 230 million monthly active users, is also implementing a similar plan with Kaia. [Original Text]

11. A large holder deposited 85.6 WBTC into Binance, indicating the operational trends of large holders in the market.

An associated address of the large holder deposited 85.6 WBTC into Binance an hour ago, valued at $5.37 million. The assets in this address are valued at $54.68 million, with WBTC being the top holding asset, currently holding 638.874 WBTC (approximately $40.04 million). [Original Text]

12. Several individuals have been charged with aiding and abetting crimes for trading "U coins" on the illicit trading platform "Huimang," reminding investors to be cautious of virtual currency scams.

13. Ethereum gas fees surged by 110.65% within 10 minutes, indicating an increase in on-chain activity for ETH.

The current Ethereum gas fee has risen to 16.99 Gwei, surging by 110.65% within 10 minutes, indicating an increase in on-chain activity for ETH. Please pay attention to market changes. [Original Text]

14. The total liquidation amount of contracts across the entire network reached $100 million in the past 24 hours, mainly concentrated in long positions, reflecting significant market volatility.

The current price of ETH is $2537.70, with a 0.92% decrease in the past 24 hours. The total liquidation amount of contracts across the entire network in the past 24 hours reached $100 million, mainly from long positions, with ETH liquidations amounting to $19.51 million (19.46%). Data is for reference only. [Original Text]

The above are the selected hotspots in the past 24 hours. For faster news, please download AICoin (aicoin.com)

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink