Rhythm Evening News｜Binance will list Axelar (AXL); Galaxy Digital founder: Bitcoin may undergo a slight correction before hitting ATH
Selected news:
1. WIF rose above $1, rising more than 26% in 24 hours
2. Binance will list Axelar (AXL ) and add a seed tag to it
3. Bank of America’s Merrill Lynch and Wells Fargo are offering Bitcoin spot ETFs to customers
4. Zhu Su: FTX/Alameda sells SOL In fact, it is a very bullish thing
5. Galaxy Digital founder: Bitcoin may undergo a slight correction before hitting ATH
Price Watch
WIF rose above US$1, rising more than 26% in 24 hours
BlockBeats news, on March 1, according to market data, WIF rose above US$1, continuing to hit a record high, now trading at US$1.0247 , up more than 26% in 24 hours. According to previous news, at 8:00 on March 1, according to the official announcement, the Robinhood Crypto platform will be launched on Dogwifwhat (WIF).
AXL short broke through $2.7 at the time, and the 24-hour increase expanded to 65.32%
BlockBeats news, on March 1, according to Bitget market data, Axelar Network (AXL) broke through $2.7 in a short time, continuing to hit a record high A new all-time high, currently quoted at $2.565, with a 24-hour increase expanding to 65.32%. As previously reported, Binance will list Axelar (AXL) at 19:30 on March 1, 2024 (Eastern Eighth District time).
NodeMonkes Floor The price rose to 0.555 BTC, a record high
BlockBeats news, on March 1, according to Magic Eden market data, the floor price of Bitcoin ecological NFT NodeMonkes rose to 0.555 BTC (approximately $34,530), a record high, with a 24-hour increase of 32%. It is reported that NokeMonkes is the first native 10K PFP series on Bitcoin. On December 23, 2023, after about 30 hours of Dutch auction, it was all sold out when the price dropped to 0.04 BTC. The NokeMonkes team obtained about 240 Bitcoin sales proceeds.
PANDORA short It broke through $28,000 at the time, with a 24-hour increase of 20%
BlockBeats news, on March 1, according to CoinGecko data, PANDORA briefly exceeded $28,000 and is now quoted at $27,795.9, with a 24-hour increase of 20 %.
TURBO 24 It rose more than 75% in an hour and was temporarily quoted at US$0.0008262
BlockBeats news, on March 1, according to Bitget market data, MEME token TURBO rose above US$0.001 and then fell back, now quoted at US$0.0008262 , a 24-hour increase of 75.13%.
YGG short It broke through 0.8 US dollars at the time, with a 27.3% increase in 24 hours
BlockBeats news, on March 1, according to OKX market data, YGG broke through 0.8 US dollars in a short time, and is now quoted at 0.787 US dollars, with a 24-hour increase 27.3%.
Subject to Binance Affected by the news of the online contract, TON rose nearly 8% in a short time
BlockBeats news, on March 1, according to OKX market data, affected by the news that "Binance launched 1-50 times U-standard perpetual contract", TON rose nearly 8% in a short period of time and is now quoted at US$2.6.
ANALOS 24 It rose more than 31% in an hour and was temporarily quoted at US$0.0001517
BlockBeats news, on March 1, according to Bitget market data, Solana ecological MEME token ANALOS rose to US$0.0001649 and then fell back. The current price is 0.0001517 US dollars, a 24-hour increase of 31.11%.
Transaction Tracking
A trader spent 0.138 WETH to buy MIA early and made a profit of 45.56 ETH
BlockBeats news, March On the 1st, according to monitoring by @ai_9684xtpa, the Blast mainnet was launched. A trader spent 466 US dollars and made a profit of 45.56 ETH, making a profit of 332 times through MIA in just 8 hours. Seven minutes after the MIA/WETH trading pair went online, the trader spent 0.138 WETH ($466) to buy 4,645,020 MIA, with an average cost of only $0.0001004 (current price $0.01606). In the past three hours, the address has sold 4.04 million MIA, making a profit of 427,572 ETH ($145,000).
A new The address transferred 238,000 UNI from Binance, equivalent to approximately US$2.74 million
BlockBeats news, on March 1, according to Scopescan monitoring, a newly created address transferred 238,000 UNI from Binance ( $2.74 million).
BlockBeats news, on March 1, according to on-chain analyst Ember monitoring, BitMEX founder Arthur Hayes withdrew 100,000 PENDLE ($310,000) from Binance 1 hour ago. Arthur Hayes has continued to withdraw PENDLE from Binance since September 1, 2023. To date, a total of 1.3 million PENDLE has been withdrawn from Binance, with an average price of US$1.78. Based on the current price of PENDLE of $3.12, the floating profit is $1.87 million (+75%).
BlockBeats news, on March 1, according to Lookonchain monitoring, 5 hours ago, a new wallet transferred funds from Binance 16,160 SOL ($2.15 million) were withdrawn and 2.43 million WIF were purchased with 16,160 SOL ($2.15 million) at an average price of $0.8871.
BlockBeats news, on March 1, according to @ai_9684xtpa monitoring, DWF Labs in December 2023 On the 8th, 2.5 million AXL were received, with an average price of US$0.77 (current price of US$1.8), and a floating profit of US$2.57 million. AXL is DWF Labs’ third-largest holding.
A whale deposited into Kraken 1,880 ETH, equivalent to approximately US$6.35 million
BlockBeats news, on March 1, according to Lookonchain monitoring, a whale deposited 1,880 ETH (US$6.35 million) into Kraken, with an average price of 3,377 Dollar. The whale accumulated 24,380 ETH ($55.13 million) from Kraken between May 24, 2023, and February 26, 2024, at a price of $2,261. Currently holding 24,500 ETH ($82.96 million), the total profit is approximately $34 million.
BlockBeats news, on March 1, according to Lookonchain monitoring, since BTC entered the bear market in July 2022, A certain whale has accumulated 22,670 BTC ($1.39 billion), with an average price of $21,629. Unrealized profits currently exceed $900 million.
A Smart The Money address sold 131 WBTC 6 hours ago, earning a profit of US$1.21 million in 5 days
BlockBeats news, on March 1, according to Lookonchain monitoring, a Smart Money address sold 131 WBTC on 6 Sold 131 WBTC (approximately $7.94 million) hours ago, earning a profit of $1.21 million in 5 days. Before the BTC price surge this week, he bought 131 WBTC for $51,493 (but spent $6.73 million).
BlockBeats news, on March 1, according to monitoring by on-chain data analyst @ai_9684xtpa, once The Smart Money address, which earned $5.16 million from shorting BTC when LUNA/UST crashed, added another 40.74 WBTC 8 hours ago, with an average price of $61,115. It is reported that between February 18 and March 1, this address has purchased a total of 243 WBTC (valued at US$13.51 million), with an average cost of US$55,598, and a current profit of US$1.28 million.
Some whale The address bought SHIB, MANA, SAND and GALA after clearing PEPE
BlockBeats news, on March 1, according to Lookonchain monitoring, a whale address sold all 1.97 trillion pieces 6 hours ago PEPE (approximately $6.07 million), with a profit of $3.49 million. Then purchased 75.9 billion SHIB (approximately $893,000), 1.6 million MANA (approximately $1.07 million), 2.43 million SAND (approximately $1.48 million), and 36.88 million GALA (approximately $1.46 million) .
0x765 starts The address lost $4.39 million worth of crypto assets due to phishing
BlockBeats news, on March 1, according to Scam Sniffer monitoring, the address starting with 0x765 lost $4.39 million worth of crypto assets (proxy) due to phishing. Coin ALI and PUSH).
Project News
Pyth: 15 Blast ecological projects have adopted the Pyth oracle price feeding service
BlockBeats news, March 1, Pyth Network The official posted on social media that more than 15 applications that utilize the low-latency and high-resolution price data of the Pyth oracle have been launched on Blast, including the perpetual contract DEX protocol DTX, the liquidity staking and lending protocol Fragment, and Derivatives trading protocol SynFutures Protocol, etc.
Port3 Network Now integrated with OKX DEX API
BlockBeats news, on March 1, according to official news, Port3 Network has now integrated OKX DEX API, allowing Port3 Network users to enjoy the low slippage provided by OKX DEX , best quotes, and better liquidity trading. Port3 Network is a decentralized AI data network. Through extensive integration of on-chain and off-chain data sets, the data is standardized and distributed for processing, a globally accessible AI data layer is established, and intelligent Web3 applications are built.
It is reported that the OKX Web3 Wallet DEX section is a DEX and cross-chain aggregator. It has now aggregated more than 10 cross-chains, more than 20 public chains, and more than 300 DEX, etc., through X Routing intelligent routing, one transaction can use multiple DEX at the same time, providing users with the best price, best liquidity and 0 transaction service fees, and also has DEX market section, limit order, KYT security detection, etc. Function.
AI project monai Beta version or only ChatGPT API
BlockBeats news, on March 1, after actual testing, the Beta version of the AI project monai responded to users' questions "Is this just a ChatGPT API" and "Are you ChatGPT? ( Are you ChatGPT?" The answer is that it is just a ChatGPT API, a tool used to communicate with OpenAI's GPT-3 model.
According to the white paper information, monai emphasized in the white paper that the project has its own large language model and does not use OpenAi. At present, the monai project team has not responded to community questions. BlockBeats previously reported that monai officially announced that its LBP activity will eventually end at a price of $0.125, and 7.2 million unsold tokens will be destroyed. monai will be available for collection at 22:00 Beijing time tonight, and monai will be launched on Uniswap soon. However, according to feedback from community users, the LBP interface display activity is not actually over.
monai LBP It ended at a price of US$0.125 and will be open for redemption at 22:00 tonight
BlockBeats news, on March 1, according to official news, monai LBP finally ended at a price of US$0.125, with 7.2 million outstanding coins. The tokens that can be sold will be destroyed. Monai will be available for collection at 22:00 Beijing time tonight. Monai will also be launched on Uniswap soon. It is reported that monai is currently building a set of uncensored generative AI tools that will be integrated with the parallel EVM network Monad for seamless access.
Rabby Wallet : The iOS mobile version has been launched on the App Store
BlockBeats news, on March 1, the crypto wallet Rabby Wallet posted on social media that its iOS mobile version has been launched on the App Store.
SynFutures V3 on Blast mainnet line, introducing the innovative Oyster AMM model
BlockBeats news, on March 1, SynFutures announced that its V3 platform has been officially launched on the Blast mainnet. The V3 platform introduces a unique order book automatic market maker (oAMM) model, which is completely based on on-chain operation and integrates the advantages of the order book and AMM models. It maintains the 30-second currency openness feature while improving Capital efficiency and operational simplicity make its use experience closer to that of a centralized exchange.
In addition, SynFutures users will receive triple airdrop opportunities, namely Blast points + Blast Big Bang championship points + SynFutures points, designed to reward participation in on-chain activities , further enhance the participation and loyalty of DEX users. This initial launch will airdrop SynFutures O_O points to Blast, dYdX, GMX users and Pudgy Penguins holders. The team announced that the points competition is expected to last 3 to 4 months, hinting that the token airdrop plan is imminent.
SynFutures has previously received investment from Pantera, Polychain, Dragonfly, Standard Crypto and other institutions, with a total of US$38 million in financing. V3 has passed the Quantstamp contract audit.
CeFi Information
Binance will list Axelar (AXL) and add a seed tag
BlockBeats news, March 1, according to Official announcement: Binance will list Axelar (AXL) at 19:30 on March 1, 2024 (Eastern Eighth District time), and open the following spot trading pairs: Spot trading pairs: AXL/BTC, AXL/USDT, AXL/FDUSD, AXL/TRY AXL recharge channel is now open; AXL withdrawal is expected to be open at 19:30 on March 2, 2024 (East Eighth District time).
Binance will support Fusionist (ACE ) Network upgrade and hard fork
BlockBeats news, on March 1, according to the official announcement, Binance is expected to suspend Fusionist ( ACE) network’s token recharge and withdrawal services to support its network upgrades and hard forks. The project team will carry out network upgrade and hard fork at block height 11,985,502 (estimated at 10:00 on March 4, 2024, East Eighth District time).
Crypto Mine BitFuFu merges with SPAC and will begin trading on Nasdaq on March 1
BlockBeats news, on March 1, according to Business Insider, the special purpose acquisition company Arisz Acquisition Corp (NASDAQ: ARIZ) announced the completion of its business merger with cryptocurrency mining services company BitFuFu. Arisz shareholders approved the transaction at a special meeting of shareholders on February 28, 2024, and BitFuFu shareholders also approved the transaction.
The merged listed company is BitFuFu Inc., and its Class A common shares and warrants are expected to be listed on Nasdaq on March 1 Market trading, the stock symbols are "FUFU" and "FUFUW".
OKX will Launching DGB and ENJ margin trading, perpetual contracts and easy money earning
BlockBeats news, March 1, according to official news, OKX will launch at 4:30 pm on March 1, 2024 (UTC+8) The DGBUSDT perpetual contract will be officially launched on the web, App and API, and DGB/USDT margin trading and easy currency earning will be launched at 4:00 pm on March 1, 2024 (UTC+8).
In addition, OKX will officially launch the ENJUSDT perpetual contract on the web, App and API at 6:30 pm on March 1, 2024 (UTC+8). Margin trading of ENJ/USDT will be launched at 6:00 pm on March 1, 2024 (UTC+8), and you can easily earn coins.
Binance Complete PlayDapp (PLA) token swap for PlayDapp (PDA)
BlockBeats news, on March 1, according to the official announcement, Binance has completed the PlayDapp (PLA) token swap for PlayDapp (PDA) ), and open the recharge and withdrawal services of PDA tokens. Available services of PlayDapp (PDA):
· Binance Financial Management will be launched on PDA at 16:00 on March 1, 2024 (East 8th District time). Users can Afterwards, subscribe for PDA currency-earning current products;
· Binance will open PDA/BTC and PDA/USDT spot trading at 16:00 on March 1, 2024 (Eastern Eighth District time);
· Binance cross margin and isolated margin margin will add PDA loanable assets at 23:00 on March 1, 2024 (East Eighth District time), as well as PDA/USDT cross margin and isolated margin margin trading pairs.
Binance will Listing TON 1-50 times U-margined perpetual contract
BlockBeats news, on March 1, according to official news, Binance will list TON 1-50 times at 20:30 on March 1 U-based perpetual contract.
Bele German Spot Bitcoin ETF will be open for trading in Brazil from today
BlockBeats news, on March 1, according to Brazil’s largest financial market news platform InfoMoney, BlackRock’s spot Bitcoin exchange-traded fund (ETF) will debut in Brazil tomorrow, iShares Bitcoin Trust ETF ( IBIT39)'s Brazilian depositary receipts (BDRs) will begin trading on the Brazilian stock exchange B3 on Friday.
BlockBeats news, on March 1st, according to official news, Binance will perform maintenance on the Ethereum network in March 2024 Beijing time. Wallet maintenance will be carried out on the Ethereum network (ETH) at 15:00 on the 6th, which is expected to take 2 hours.
Bank of America Merrill Lynch and Wells Fargo are offering Bitcoin spot ETFs to customers
BlockBeats news, on March 1, according to Bloomberg citing sources, Bank of America’s Merrill Lynch and Wells Fargo & Co.’s brokerage arm are offering a Bitcoin spot ETF to wealth management clients, with the bank first offering the approved ETF product to some wealth management clients with brokerage accounts due to customer demand.
A Wells Fargo representative confirmed that since the SEC’s approval, the Bitcoin spot ETF can be actively purchased through Wells Fargo advisors or the bank’s online WellsTrade platform . Representatives from Bank of America did not respond. According to previous news, Morgan Stanley is deciding whether to let customers choose to invest in Bitcoin funds
BlockBeats news, on March 1, 1confirmation founder Nick Tomaino released the agency’s first quarter letter to LPs on social media. Data shows that as of now, the investment return of 1confirmation Fund I is approximately 5.78 times, 1confirmation Fund II is approximately 2.08 times, and although 1confirmation Fund III is still in its early stages, its total income multiple (TVPI) is also 2.34 times.
OKX Web3 The wallet is now the first to connect to the Blast network
BlockBeats news, on March 1, according to official news, the OKX Web3 wallet is now the first to connect to the Blast network. Users do not need to manually configure it, and can use one-click Switch to the Blast network for corresponding currency management. In addition, Blast network ecological DApp interaction can be simultaneously realized in the OKX Web3 wallet discovery section.
It is reported that Blast is a second-layer network based on Optimistic Rollups technology and compatible with Ethereum, aiming to improve the efficiency and scalability of the Ethereum network. OKX Web3 Wallet is the industry's leading one-stop Web3 portal. It now supports 85+ public chains. App, plug-in, and web page are unified, covering 5 major sectors: wallet, DEX, DeFi, NFT market, DApp exploration, and supports Ordinals market. , MPC and AA smart contract wallets, exchange Gas, connect hardware wallets, etc.
Opinion data
dYdX Chain’s trading volume exceeded US$7.5 billion this week
BlockBeats news, on March 1, according to dYdX Ops subDAO It was disclosed that the transaction volume on dYdX Chain this week exceeded US$7.5 billion, and the rewards distributed this week were approximately US$1.29 million, with a total reward of 7.77 million USDC.
BlockBeats news, on March 1, SlowMist founder Yu Xian posted on social media The platform issued a statement stating that today SlowMist and MistTrack received at least four cases of stETH being stolen and cross-chained to the Blast main network.
Its characteristics are to pay a little ETH fee from an address with obvious traces (including exchanges) to the stolen address, and then cross-chain stETH to the Blast master network and perform subsequent transfers, and finally transfer the little remaining ETH from the victim's address to a different ETH address. It is known that more than 100 stETH has been lost, which may be a mass incident. The mnemonic phrases/private keys of these victims must have been leaked, and the attackers ambush the Blast mainnet launch.
Matrixport Analysis Teacher: Bitcoin may reach $125,000 by the end of this year or next year
BlockBeats news, on March 1, Matrixport analyst Markus Thielen said in an interview with Rhythm BlockBeats that according to the data it ran It shows that the current bull market has only been running for half of its time. Based on past halving data, Bitcoin can reach $125,000 by the end of 2024.
An indicator it saw last July showed that when Bitcoin hit a new one-year high for the first time in a year, there would be a 300% rebound, according to This data can also be extrapolated to $125,000. Conservatively judging, Bitcoin may reach $125,000 by the end of this year or next year. The full version of the interview has been released on the Rhythm BlockBeats website. You can click on the "original link" below to jump.
Data: The U.S. Bitcoin Spot ETF had a net inflow of US$92.3 million yesterday
BlockBeats news, on March 1, according to data from Farside Investors, the U.S. Bitcoin spot ETF had a net inflow of US$92.3 million yesterday (February 29). Among them: · Grayscale GBTC had a capital outflow of US$598.9 million; · BlackRock IBIT had a capital inflow of US$603.9 million; · Fidelity FBTC had a net inflow of US$44.8 million.
Data: zkSync Era TVL exceeded 800 million U.S. dollars, an increase of 21.23% in the past 7 days
BlockBeats news, on March 1, according to L2BEAT data, zkSync Era TVL has risen to 804 million U.S. dollars, and in the past 7 days The increase reached 21.23%.
BlockBeats news, on March 1, according to @HODL15Capital data, GBTC has seen an outflow of 190,290 BTC since the U.S. Bitcoin Spot ETF was approved, but inflows from other ETFs have completely covered it, and on this basis it has increased its holdings by 150,290 BTC.
Bele BlackRock Bitcoin ETF saw an inflow of US$604 million on February 29
BlockBeats news, on March 1, according to @HODL15Capital data, the BlackRock Bitcoin ETF saw an inflow of US$604 million on February 29 Dollar.
Coinbase International The website’s trading volume reached US$14 billion in February
BlockBeats news, on March 1, Coinbase International posted on social media that the platform’s transaction volume reached US$14 billion in the past 30 days.
Zhu Su : FTX/Alameda’s sale of SOL is actually a very bullish thing
BlockBeats news, on March 1, Zhu Su posted on social media that he believed that FTX/Alameda’s sale of SOL Although this event looks bearish, it is actually very bullish because it disperses supply and also creates opportunities for investors waiting to get in at a discount.
BlockBeats news, on March 1, according to Greeks.live data, 19,000 BTC options will be It expires today with a maximum pain point of $55,000 and a nominal value of $2 billion. 110,000 ETH options are about to expire, with a maximum pain point of $3,000 and a nominal value of $790 million.
Greeks.live researcher Adam said that this week, Bitcoin once exceeded 64,000 US dollars, multiple legal currencies reached record highs, and the major term IVs all showed an obvious upward trend. , the same level as in January this year and March last year. U.S. funds have driven the spot bull market, which has seen an astonishing rise this week. However, options trading volume and open interest have not increased much. Recently, buyers have been more focused on spot protection. Real capital inflows have made the market structure very healthy. Bitcoin’s current market share has exceeded 50%, and we can pay more attention to Ethereum after this bull market.
Galaxy Digital Founder: Bitcoin may undergo a slight correction before hitting ATH
BlockBeats news, on March 1, Galaxy Digital founder and CEO Michael Novogratz said in an interview with Bloomberg that Bitcoin may see some adjustments before hitting a new all-time high and "rising significantly" at the end of the year. Michael said: "If it pulls back, it will probably pull back to around $50,000 and then hit new highs."
Michael believes that compared with the recent bull market in 2021, Large institutional players are underleveraged in the current cycle, but retail traders are overleveraged.
Data: On February 29, GBTC outflows were approximately US$599 million
BlockBeats news, on March 1, BitMEX Research data showed that GBTC outflows on February 29 were approximately US$599 million.
Regulatory News
According to BlockBeats news, on March 1, the official website of the Hong Kong Securities Regulatory Commission showed that hi5 (Hong Kong) Limited (HKX) and QuanX Lab Limited (QuanXLab) had submitted applications for virtual asset trading platform licenses to the Hong Kong Securities Regulatory Commission on February 29. So far, the number of applicants for virtual asset trading platform licenses announced by the Hong Kong Securities and Futures Commission has reached 24.
Previously reported that the Hong Kong Securities and Futures Commission issued a document stating that virtual asset trading platforms should submit a license application before February 29, otherwise they must end their operations in Hong Kong before May 31. business.
BlockBeats news, on March 1, according to The Block, the official website of the Hong Kong Securities and Futures Commission showed that the Hong Kong Securities and Futures Commission has received applications for cryptocurrency trading licenses from 22 cryptocurrency companies. Applicants include OKX, Bybit, Bullish, Crypto.com, Huobi HK and Matrixport HK, among others. Cryptocurrency platform HKVAEX, which is linked to Binance, also reportedly submitted an application.
Since the official launch of the licensing system last year, Hong Kong has issued licenses to two platforms, namely HashKey and OSL. Cryptocurrency platforms operating in Hong Kong that fail to submit license applications will be required to cease operations by the end of March, the Securities and Futures Commission noted on its website.
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