Daily Rhythm Report | Vitalik suggests not using leverage exceeding 2x; TinFun has closed public deposit early, will announce lottery results within 2 days and open refunds.
Selected News:
1. Sleepless AI (AI) has risen and broken through $1.4, with a 23% increase in the past 24 hours;
2.TinFun: The public deposit for the sale has been closed ahead of schedule at 8:00 today. The lottery results will be announced within 2 days and refunds will be available.
3. Luke Dashjr's proposal to restrict plaintext did not pass and has been closed;
4. Vitalik financial advice: Never use leverage greater than 2x;
5. BlackRock expects its spot Bitcoin ETF to be approved on Wednesday.
Price Observation
ETH short-term falls below $2200, 24-hour decline of 1.88%
On January 8th, according to OKX market data, ETH fell briefly below $2200, currently trading at $2209 with a 24-hour decline of 1.88%.
Sleepless AI (AI) surged above $1.4, up more than 23% in 24 hours.
On January 7th, according to market data, Sleepless AI (AI) rose and broke through $1.4, now priced at $1.443, with a 24-hour increase of over 23%.
GMT rose above $0.4, up more than 49% in 24 hours
On January 7th, according to market data, GMT rose above 0.4 USD and is currently priced at 0.411 USD, with a 24-hour increase of over 49%.MASK short-term breakthrough $5, up more than 42% in 24 hours
On January 7th, according to OKX market data, MASK broke through $5 in a short period of time and is now priced at $4.832, with a 24-hour increase of over 42%.
Bitcoin briefly rebounds above $44,000
On January 7th, according to OKX market data, Bitcoin briefly rebounded above $44,000 and is now priced at $43,927.90, with a 24-hour increase of 1.05%.Transaction Tracking
On January 7th, according to @ai_9684xtpa monitoring, Alameda Research's liquidation address transferred 1600 ETH (worth $3.59 million) to Wintermute 10 hours ago.
Starting from October 24th, 2023, Alameda has transferred a total of $13.84 million worth of assets to Wintermute, including 21 types of tokens such as $ETH, $LINK, $LDO, $AAVE, and $SHIB.
On January 7th, according to @ai_9684xtpa monitoring, 9 hours ago, an address starting with 0xb26 deposited 20,172 METIS to Coinbase, worth $1.68 million; METIS has since dropped 3.8% from the transfer time and is now priced at $81.07.
So far, out of the 11 addresses suspected to belong to market makers, 8 of them have deposited 214,000 METIS tokens to the exchange, leaving 93,000 tokens (worth $7.55 million) remaining.
DWF Labs transferred 145,754 AUCTION tokens, equivalent to $3.79 million, to Binance 8 hours ago.
On January 7th, according to on-chain analyst Yu Jin's monitoring, 8 hours ago, DWF Labs transferred 145,754 AUCTION tokens (worth $3.79 million) to Binance, and the price of AUCTION dropped 9% in the following hours.DWF Labs' AUCTION, held by DWF Labs, was proposed to Binance, OKX, and MEXC at an average price of $11 from October to December 2023, with an expected profit of $2.18 million (+135%).
Project Updates
On January 8th, the NFT project TinFun announced on social media that the TinFun public sale lottery had reached its target of 25,000 ETH. In order to avoid excessive market speculation, community FOMO, and to ensure the safety of user funds, TinFun decided to close the public sale early at 8:00 Beijing time on January 8th. The whitelist sale time remains unchanged and will still end at 11:00 on January 8th. The lottery results will be announced within 2 days and the refund collection page will be opened.
In addition, ETC trust has a negative premium of 30.87%, LTC trust has a positive premium of 172.11%, and BCH trust has a positive premium of 119.02%.
The total open position of Bitcoin contracts on the entire network has reached 18.421 billion US dollars.On January 7th, according to Coinglass data, the total open position of Bitcoin futures contracts across all exchanges was 417,300 BTC (approximately $18.421 billion USD).
The open position of CME Bitcoin futures contract is 122.4 million BTC (approximately 5.392 billion US dollars), ranking first.
Binance's open position for Bitcoin futures contracts is 93,000 BTC (approximately $4.105 billion USD), ranking second.
Financing Express
On January 7th, according to official sources, OKX Ventures will invest over $50 million in total in 2023, covering seven core areas including infrastructure, DeFi, GameFi, NFT/metaverse, Web3.0, Bitcoin ecosystem, and AI. They will also collaborate deeply with ecosystems such as Solana, Near, Polygon, Avax, etc.
Regulatory News
Federal Reserve's Logan: Possibility of raising interest rates again should not be ruled out
On January 7th, Logan, a member of the Federal Reserve, warned that the Fed may need to resume raising short-term policy rates to prevent a recent decline in long-term bond yields from reigniting inflation. "If we do not maintain sufficiently tight financial conditions, we face the risk of inflation rebounding and reversing the progress we have made," Logan said. "Restrictive financial conditions have played an important role in keeping demand and supply in balance and maintaining stable inflation expectations," she said, noting that the inflation rate is close to the Fed's target of 2% and that the labor market, while still tight, is returning to balance. "If we do not maintain sufficiently strict financial conditions, we cannot expect to maintain price stability." (Jinshi)
BlackRock expects its spot Bitcoin ETF to be approved on Wednesday.
On January 7th, according to Fox Business, BlackRock expects its spot Bitcoin ETF to be approved on Wednesday.Welcome to join the official community of BlockBeats by LUDONG
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