Odaily Planet Daily News According to Arkham monitoring, Ross Ulbricht, the founder of the dark web Silk Road, or someone with access to his wallet, accidentally caused the price of his eponymous token ROSS to fall by 90% when trying to provide liquidity on Raydium. Ross tried to add one-sided liquidity to passively sell tokens, but accidentally created a pool with Raydium CPMM instead of CLMM, so $1.5 million of tokens (5% of the total supply) were immediately seized and sold by MEV robots. He made the same mistake a second time and lost another $10.5 million.
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Silk Road founder’s wallet lost $12 million due to token liquidity addition error
7 hours ago
Grayscale launches Bitcoin mining ETF and lists it on the New York Stock Exchange
Odaily Planet Daily News According to official information, Grayscale launched the Bitcoin Mining ETF (MNRS), which is listed and traded on the New York Stock Exchange Arca. MNRS tracks the performance of the Indxx Bitcoin Miners Index and provides investors with investment opportunities in global Bitcoin mining companies. The current market price of the ETF is $25.31, and its top ten holdings include Marathon Holdings (16.66%), Riot Platforms (11.92%) and Core Scientific (9.2%).
11 hours ago
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@haze0x
Trading memecoin on the chain has generated a lot of community primitives. Maybe newcomers dont understand what everyone is talking about. GMGN sorted it out for everyone: P soldier: assets below $1M P general: assets $1M - 5M P general: assets $5M - 10M P marshal: assets above $10M Car head: refers to the address that is monitored by many people and has a significant impact on the market after buying or selling. Pouring: selling coins to others means smashing the market. Package: describes a certain event CA: send out the token contract address Sitting: refers to a trading behavior of staring at the information on the chain for a long time and looking for opportunities Chain emperor: a player with sharp on-chain operations, extremely high winning rate and extremely high returns Fool king: a player with extremely low winning rate and extremely high losses Block: a behavior of buying and falling Teasing PVP: a trading behavior of buying when the market value is extremely low and selling quickly to earn profits, and correspondingly, someone will lose money. Trench: refers to trading memecoin on the chain, which is extremely risky, just like fighting in a trench. Chain scanning: Keep looking at new assets issued and look for opportunities to buy. Angle: What is important about memecoin is emotion and storytelling. How to discover the value of this virtual asset? Everyone calls it finding an angle.
Illinois advances strategic Bitcoin reserve bill, plans to hold at least 5 years
Odaily Planet Daily News: Illinois has become the latest state in the United States to advance a Bitcoin strategic reserve bill. House Bill 1844 (HB1844), proposed by Illinois Congressman John Cabello, proposes to establish a strategic Bitcoin (BTC) reserve as a special fund in the state treasury for holding Bitcoin as a financial asset. Notably, according to the document, the bill proposes holding Bitcoin for at least five years after the fund is created. After the five-year holding period, the treasury will be allowed to transfer, sell, misappropriate, or convert any Bitcoin in the fund into another cryptocurrency. (Cointelegraph)
12 hours ago
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Special topic | Trump personally issues coins, the most powerful MEME coin in history is born
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Bybit launches Chinese New Year gold and foreign exchange trading rebates, giving away 130,000 USDT in bonuses
In the past 15 hours, the PEPE team wallet transferred 6 billion PEPE to Binance
Odaily Planet Daily News According to Spot On Chain monitoring, the multi-signature wallet of the PEPE team transferred 170 billion PEPE (about 2.17 million US dollars) to the new wallet 0x1ec 2 days ago. In the past 15 hours, the wallet has transferred 6 billion PEPE (about 76,650 US dollars) to Binance.
12 hours ago
JPMorgan Chase: Bitcoin has the highest correlation with the Russell 2000 technology sector
Odaily Planet Daily News JPMorgan analysts found that Bitcoin has the highest correlation with small-cap technology stocks, especially with the Russell 2000 technology sector. This correlation tends to peak during periods of strong performance or sell-offs in the technology market. This is true for both Bitcoin and altcoins, although the correlation with the former is higher on average, JPMorgan analysts led by managing director Nikolaos Panigirtzoglou said in a report on Wednesday. The fact that cryptocurrencies are more correlated with smaller rather than the largest technology stocks makes sense, given their reliance on venture capital and the fact that blockchain/crypto technology innovations are typically larger in scale.
12 hours ago
The Ethereum community informally voted on-chain to support Danny Ryan as the new leader of the Foundation
Odaily Planet Daily News: An informal on-chain vote initiated by the Ethereum community supports Danny Ryan as the new leader of the foundation. Of the 296 wallets holding more than 50,000 ETH (worth about $160 million), 99% voted for Ryan, but the vote had no formal effect. The poll was conducted at votedannyryan.com and participated through a simple approval voting system. Individuals can vote for or against Ryan through their ETH wallets. The voting process is designed to be gas-free, allowing for wider community participation. Claiming to be an Ethereum OG
13 hours ago
Norways Central Bank reveals $500 million stake in MicroStrategy
Odaily Planet Daily reported that according to an article published by Bitcoin Magazine on the X platform, the Norwegian Central Bank Fund disclosed that it holds MicroStrategy shares worth US$500 million.
13 hours ago
A new address withdrew 439 ETH from Binance 6 hours ago and purchased more than 173,000 VVV
Odaily Planet Daily reported that according to Onchain Lens monitoring, a newly created address withdrew 439 ETH worth US$1.4 million from Binance in the past 6 hours and purchased 173,407 VVV.
14 hours ago
ZachXBT: Ripple co-founder transferred more than $109 million worth of XRP to exchanges this month
Odaily Planet Daily News: On-chain analyst ZachXBT published an article on X revealing that the wallet address under the name of Ripple co-founder Chris Larsen (rhREXVHV938ToGkdJQ9NCYEY4x8kSEtjna) has transferred more than $109 million of XRP to exchanges such as Coinbase, Bitstamp and Bybit this month.
14 hours ago
Survey: 51% of Generation Z (18-29 years old) worldwide hold or have held cryptocurrency
Odaily Planet Daily News According to data from The Block on February 29, Gemini surveyed 6,000 cryptocurrency holders and non-holders in the United States, the United Kingdom, France, Singapore and Turkey through its data-driven consulting group from May to July 2024. Globally, 51% of Generation Z respondents said they hold cryptocurrencies now or in the past, which is significantly higher than 35% of the population. In the United States, 51% of Generation Z, 49% of Millennials, and 29% of Generation X said they own or have owned cryptocurrencies. This trend has appeared in multiple countries. In
14 hours ago
Pump.fun’s revenue in the past 30 days has surpassed Ethereum and Solana
According to DefiLlama data, pump.funs revenue in the past 30 days has surpassed Ethereum and Solana. pump.funs revenue in the past 30 days reached 118.73 million US dollars, Ethereums revenue in the past 30 days reached 109.72 million US dollars, and Solanas revenue in the past 30 days reached 116.46 million US dollars.
15 hours ago
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