On Monday afternoon in Asia, Bitcoin, Ether, and most other top 10 non-stablecoin cryptocurrencies experienced drops in market capitalization, with Solana leading the losses. OKX has listed Ordi, a BRC-20 token that utilizes ordinals and inscriptions to create and manage digital assets on the Bitcoin blockchain. Tron was the only token in the top 10 non-stablecoin cryptos to gain on Monday afternoon trade. Meanwhile, crypto traders have been concerned over cryptocurrency exchange Gemini’s chief executive Cameron Winklevoss threatening to sue Digital Currency Group for repayment of a US$900 million loan.
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Cryptocurrency Market Sees Drop in Top 10 Non-Stablecoins, with Solana Leading Losses
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The total market value of stablecoins exceeds 158 billion US dollars, and USDT has a market share of 69.8%
According to DefiLlama data, the total market value of stablecoins has reached 158.197 billion US dollars, with a 7-day growth rate of 0.16%. Among them, the market value of UDST is 110.426 billion US dollars, with a market share of 69.8%. -
Bitcoin spot ETF has a cumulative net inflow of US$12.082 billion, and Grayscale GBTC has a cumulative net outflow of over US$17.1 billion
According to Farside Investors, the cumulative net inflow of Bitcoin spot ETF has reached 12.082 billion US dollars since its launch. Among them: -
Rune DOG•GO•TO•THE•MOON ranked first in transaction volume in the past 24 hours
According to Ord.io on social media platform, the top 5 trading volumes for runes in the past 24 hours are: -
Franklin Templeton Tokenizes $380M U.S. Treasury Fund on Polygon and Stellar
According to Cryptoslate, Franklin Templeton tokenized a $380 million US government bond fund on the Polygon and Stellar blockchains to enable peer-to-peer (P2P) transfers without intermediaries.The company launched the Franklin on-chain US government money fund (FOBXX) in the form of BENJI tokens. Each token represents a portion of FOBXX and can be traded on public Polygon and Stellar blockchains. This innovation aims to simplify transactions and expand access, allowing investors to manage their assets more flexibly through direct trading.Franklin Templeton is incorporating blockchain technology into its financial operations to enhance asset management liquidity and efficiency. The company is responding to the growing demand of financial institutions by integrating traditional financial structures with modern technological solutions. -
The US GDP seasonally adjusted annualized rate in the first quarter was 1.6%
The seasonally adjusted annualized initial value of US GDP for the first quarter was 1.6%, estimated at 2.5%, and the previous value was 3.4%. -
The total open interest of Bitcoin contracts on the entire network reached 31.41 billion US dollars
According to Coinglass data, the total open position of Bitcoin futures contracts on the entire network is 487,500 BTC (approximately 31.41 billion US dollars).Among them, the open position of CME Bitcoin contracts is 143,600 BTC (approximately 9.23 billion US dollars), ranking first;The open position of Binance Bitcoin contracts is 109,400 BTC (approximately 7.07 billion US dollars), ranking second. -
Bitcoin mining difficulty increased by 1.99% to 88.1T yesterday, a record high
According to BTC.com data reported by Jinse Finance, the mining difficulty of Bitcoin has increased by 1.99% to 88.1T at block height 840,672 (22:51:52 on April 24), reaching a new historical high. Currently, the average network computing power is 642.78EH/s. -
Cointime April 21th News Express
1.An Ethereum pre-mining address that has been dormant for 8.7 years has been activated, containing 197 ETH 2.Bitcoin block reward halving sparks bullish and skeptical opinion split3.A whale withdrew another 10,119 ETH from Binance4.MtGox claims form updated, may support compensation payment in BTC and BCH5.ZKasino transfers the 10,515 ETH deposited by the user to a multi-signature address and deposits it into Lido 6.Pre-Rune concept NFT Rune Doors is the project party for the deployment of Rune No. 97.More than 11,000 BTC flowed out of Coinbase Pro in the past 7 days8.Solana Ecosystem NFT Social Platform Only1 Completes $1.3 Million Strategic Financing, Led by Newman Group 9.friend.tech: V2 version has completed the audit and will be released on April 2910.Bitwise CEO: Wealth Manager Will Increase Its Bitcoin ETF Holdings -
Bitcoin halving: Why it’s important for BTC scarcity
Bitcoin's most important economic mechanism, the halving, could legitimize Bitcoin as a store of value asset for the digital age, seeking more liquid assets than real estate or gold.
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Since the previous halving, the number of crypto users has surged 400%, not including the impact of the spot Bitcoin ETF launch in the United States.
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