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Rhythm Morning News | Bitcoin rebounded above US$43,000; Blast testnet has been officially launched

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GM! A list of important information in the encryption industry last night and this morning on January 17th

Price Observation

On January 16th, according to OKX market data, Bitcoin rebounded above $43,000 and is currently priced at $43,093.15, with a 24-hour increase of 0.98%.

PudgyPenguins floor price increased by over 32% in 7 days, currently trading at 14.38 ETH

On January 16th, according to Blur market data, the floor price of PudgyPenguins NFT series is currently at 14.38 ETH, with a 24-hour increase of 12.43% and a 7-day increase of 32.95%. The daily trading volume is 1599.44 ETH, and the 7-day trading volume is 6068.01 ETH.

On January 17th, according to market data, tokens issued on the Bounce platform saw a general increase in price. Among them, the Bounce protocol token AUCTION is currently priced at $31.30, with a 24-hour increase of 31.3%; MUBI, which was recently launched on the Bounce platform, is currently priced at $0.2364, with a 24-hour increase of 19.21%; BSSB is currently priced at $4.11, with a 24-hour increase of 19.49%; and AMMX is currently priced at $0.00411, with a 24-hour increase of 65.43%.

PENDLE breaks $2.1, up over 24% in 24 hours

On January 17th, according to market data, PENDLE broke through $2.1 and is now priced at $2.12, with a 24-hour increase of 24.61%.

Transaction Tracking

Gray-scale position address transferred 9,000 BTC to Coinbase

On January 16th, according to on-chain data, a Grayscale holding address transferred 9,000 BTC, equivalent to $380 million, to Coinbase.

The Ethereum Foundation transferred 100 ETH from its address, possibly for ecological funding purposes.

On January 16th, according to user @ai_9684xtpa's monitoring, the Ethereum Foundation's Grant Provider address transferred 100 ETH to the associated address 0xd77...6c1f4, which was immediately sold for 250,000 DAI and transferred back to the Foundation's address.

Blast ranked fourth in staking or invested $37.89 million in assets to participate in MANTA's new coin miningOn January 16th, according to user @ai_9684xtpa's monitoring, the fourth-ranked whale in Blast's staking has invested a total of 76,384 BNB and 13.71 million USDT to participate in the MANTA new coin mining launched on Binance. The total investment is approximately 37.89 million US dollars.

ARK Invest purchased $15.89 million of ARK 21Shares Bitcoin ETF and sold $15.84 million of ProShares Bitcoin Strategy ETF yesterday.

On January 17th, according to statistics from Ark Invest Daily, Cathie Wood's ARK Invest bought 385,427 shares of ARK 21SHARES BITCOIN ETF through the ARKW fund (valued at approximately $15.89 million based on yesterday's closing price) and sold 757,664 shares of ProShares Bitcoin Strategy ETF (valued at approximately $15.84 million based on yesterday's closing price).

A whale lent out 10,247 ETH and deposited it into Mantle.

On January 17th, according to The Data Nerd, a whale borrowed 10,247 ETH (worth approximately $26.53 million) through the DeFi aggregation platform Instadapp and pledged it to Mantle one hour ago. The address also pledged 3000 stETH and 2990 rETH to EigenLayer.

Project Updates

RWA Protocol Ondo Finance token will be unlocked and circulated on January 18th.

On January 16th, according to official sources, after on-chain community voting, the RWA protocol Ondo Finance's token ONDO will be unlocked and circulated on January 18th. BlockBeats previously reported that on December 28th of last year, Ondo Foundation, the organization related to Ondo Finance, initiated a proposal to "unlock ONDO tokens". ONDO will serve as the governance token for Ondo Finance to achieve its decentralized governance vision. According to the ONDO token economics, the total supply of ONDO is 10 billion, and the distribution plan is as follows: community access sales: 198,884,411 (~2.0%); ecosystem growth: 5,210,869,545 (~52.1%); protocol development: 3,300,000 (33.0%); private placement: 1,290,246,044 (~12.9%).

Abyss World joins the Chainlink BUILD program as the first 3A game project in the program.

On January 16th, UPCX (UPC) will be listed on Bitget's innovation and payment zones. Spot grid trading will be available within 24 hours after the launch.

Recharge time: Opened; Trading time: January 17th 19:00 (UTC+8); Withdrawal time: January 18th 20:00 (UTC+8).

UPCX is an open-source payment system based on a high-speed blockchain that is optimized for payments and financial services.

Binance "Copy Trading" has an average weekly trading volume of over 2 billion US dollars in the three months since its launch

On January 16th, Binance announced that its copy trading feature has achieved an average weekly trading volume of over 2 billion USD in the first three months since its launch in October 2023. In the past month, Binance's copy trading has introduced a new series of user-centric features, such as simulated copy trading, private chat rooms, and Sharpe ratio indicators, enhancing the user experience, promoting learning, and enabling more informed decision-making.

Binance Chief Technology Officer Rohit Wad shared that "Our vision is to create an industry-leading social trading product through copy trading platforms, making trading not only a transaction, but also an opportunity for mutual learning and growth."

So far, the positive support and feedback we have received from the community have proven Binance's commitment to creating truly valuable products for users. We are pleased to see the product off to a good start and look forward to witnessing its continued growth in 2024. At the same time, we will continue to innovate and bring the best products and services to our users.

Coinbase will list Hivemapper (HONEY)

On January 17th, Coinbase Assets tweeted that Coinbase will add support for Hivemapper (HONEY) on the Solana network (SPL token). If liquidity conditions are met, trading will begin at 1:00 AM on January 18th Beijing time. Once the asset supply is sufficient, the HONEY-USD trading pair will be phased in for trading.

Coinbase includes ONDO in its listing roadmap

On January 17th, according to official sources, Coinbase will include Ondo Finance (ONDO) in its listing roadmap. As reported by BlockBeats yesterday, the RWA protocol Ondo Finance token will be unlocked and circulated on January 18th.

Financing Express

Web3 data analysis company 0xScope completes $5 million financing, led by HashKey Capital

On January 16th, according to official sources, Web3 data analysis company 0xScope completed a $5 million Pre-Series A round of financing. This round of financing was led by HashKey Capital, with follow-on investments from Redpoint China, OKX Ventures, GSR Markets, Amber Group, Antalpha, DHVC, and existing shareholders Mask Network, Hash Global, and XIN Family.

Meanwhile, 0xScope announced the release of version 2, which focuses on providing data support for Web3 AI applications through a proprietary Web3 data layer, connecting AI with Web3 in the process. The new version aims to enhance AI's understanding of Web3 and assist in overcoming challenges related to Web3, such as high entry barriers, poor user experience, and information noise.

In addition, Scopechat, an AI assistant tool for cryptocurrency traders and various users, is now fully open for free registration. Leveraging the power of 0xScope's extensive coverage and high-quality data warehouse, AI-driven algorithms, and its large language model (LLM), Scopechat provides accurate and comprehensive answers using public and proprietary datasets to meet users' needs when inputting various Web3-related questions. This product can help users complete the process of selecting tokens, checking tokens, and deciding whether to purchase them with the help of an AI agent within three minutes.

ArkStream's second fund has strategically invested in Manta Network.

On January 16th, ArkStream Capital, a well-known fund management company, announced that its second fund had completed a strategic investment in Manta Network in the fourth quarter of 2023. Previously, in August 2021, ArkStream Capital's first fund had invested in Manta Network.

DePIN startup Decentralized Infrastructure completes $11.5 million Series A financing, led by CoinFund

On January 16th, Decentralized Infrastructure, the startup company behind the construction of the DIMO network, completed a $11.5 million Series A financing round. The round was led by CoinFund, with participation from Slow Ventures, ConsenSys Mesh, Borderless Capital, Bill Ackman's Table Management, and former CEO of General Motors, G. Rick Wagoner Jr. Digital Infrastructure is building the DIMO network, a decentralized automotive data protocol, as well as DIMO Mobile, an application that allows drivers to collect and view their own car data and earn rewards through DIMO tokens.

The managing partner and chief investment officer of CoinFund, Alex Felix, will join the board of directors of Digital Infrastructure. The company spokesperson stated that the Series A funding brings Digital Infrastructure's total funding to $22 million.

Viewpoint Data

Solana blockchain active addresses reach 13.9 million, ranking first among public chainsOn January 16th, Nansen posted on social media that as of January 1st, 2024, Solana ranked first in total active addresses among various public chains and Layer2 networks with 13.9 million addresses. The second to fifth places were BNB Chain (13.7 million), TRON (10.8 million), Ethereum (5.4 million), and Polygon (4.8 million). In addition, Ronin Network's active address growth rate ranked first in November and December.

Cantor CEO: Managing a large amount of assets for Tether is true, and the funds do exist.

On January 16th, Howard Lutnick, CEO of Cantor Fitzgerald, a Wall Street bond trading giant, made comments about Tether in an interview with Bloomberg. He stated, "I manage many of Tether's assets and we have done a lot of work. Tether has the funds they claim to have [...] and we have seen that they do indeed have these funds." In response, FOX reporter Eleanor Terrett said, "This is the most advertisement-like statement I have ever seen in a TV interview." As previously reported by BlockBeats, on February 11th, 2023, the $39 billion USDT reserve (US Treasury bonds) of Tether, a stablecoin issuer, is managed by Cantor Fitzgerald, a Wall Street bond trading giant.

The Fed's swap market pricing lowers interest rates by 15 basis points in March

On January 17th, the Federal Reserve priced in a 15 basis point interest rate cut for March in the swap market, which is a decrease from the 19 basis points on Friday. (Jin10)

OpenAI Founder: Without breakthroughs, future AI will not be able to meet energy demands

On January 17th, Sam Altman, the founder of OpenAI, stated that without breakthroughs, future artificial intelligence will be unable to meet energy demands. The demand for artificial intelligence will force investments to shift towards alternative energy sources. (Jinshi)