Daily Report ｜Starknet will launch the Token STRK to the public for governance, staking, and gas payments; Matrixport will go long on Bitcoin with strict stop-loss measures
Telegram Bots transaction volume has exceeded 400 million USD, with the number of users approaching 100,000; HashKey Exchange's trading volume in the past 24 hours has surpassed 700,000 USD.Organizer: Grapefruit, ChainCatcher
"What Important Events Happened in the Last 24 Hours"
1. A Certain MAGIC Whale: TreasureDAO Sells MAGIC at Half Price via OTC
According to ChainCatcher, MAGIC whale ogle tweeted that TreasureDAO is selling MAGIC at half price via OTC, with a selling price of 0.28 USDT. Additionally, ogle mentioned that some MAGIC whales are also dumping their tokens.
According to market software, the current price of MAGIC is 0.514 USDT, with a 24-hour decline of over 8.7%. (Source link)
2. Matrixport: Will Go Long on Bitcoin with Strict Stop Loss
ChainCatcher reports that Matrixport, a cryptocurrency financial services company under Wu Jihan, stated that it will go long on Bitcoin with strict stop loss. Markus Thielen from Matrixport believes traders should closely monitor the possibility of Bitcoin falling below $25,800, and can set strict stop losses when it drops below that level while holding long positions in Bitcoin. Treasury yields may decline, which could boost risk assets including cryptocurrencies.
Thielen stated, "With strict stop losses, we would go long on Bitcoin, expecting treasury yields to decrease and U.S. tech stocks to rebound." (Source link)
3. Telegram Bots' Trading Volume Exceeds $400 Million, User Count Approaches 100,000
ChainCatcher reports that according to Dune data, the trading volume completed by Telegram Bots has exceeded $400 million (currently about $429 million), with the number of users approaching 100,000 (specifically 90,867). (Source link)
4. Data: HashKey Exchange's Trading Volume Exceeds $700,000 in the Last 24 Hours
ChainCatcher reports that according to CoinGecko data, HashKey Exchange has seen a trading volume exceeding $700,000 in the last 24 hours since it opened BTC/USD and ETH/USD trading pairs to retail investors yesterday. (Source link)
5. Starknet Token Set to Launch to the Public, Features Include Governance, Staking, and Gas Payment
ChainCatcher reports that the Starknet wallet Braavos pointed out in a recent article that the StarkNet Token will soon be launched to the public. The Starknet Token STRK can be used for governance voting, staking, and gas fee payments. It also revealed StarkNet's future plans, including reducing transaction costs, changing the block creation model, and allowing gas fee payments based on ERC20 tokens. (Source link)
6. JJ Lin Changes Personal Avatar on X Platform to Stellar NFT
ChainCatcher reports that singer JJ Lin posted on the X platform (formerly Twitter), stating, "I am very excited to launch my brand new custom Stellar NFT, which resonates with me on a whole new level as a digital identity."
Additionally, he has changed his X account avatar to this NFT image. (Source link)
7. U.S. SEC May Respond to Multiple Bitcoin ETF Applications from Bitwise, BlackRock, and Others Before This Weekend
ChainCatcher reports that according to Bloomberg, the U.S. Securities and Exchange Commission (SEC) is expected to respond to Bitcoin ETF applications submitted by Bitwise, BlackRock, VanEck, WisdomTree, and Invesco before this weekend. The regulatory body can reject, approve, or delay the applications. Bitwise's application will be reviewed before Friday, while other applications will be reviewed the following day, so the SEC may weigh its options before the weekend.
It is reported that the SEC delayed the spot Bitcoin application from 21Shares and ARK Investment Management earlier this month and has rejected numerous applications over the past decade. Roxanna Islam, Vice President of Research at VettaFi, stated, "We can expect the SEC to delay more applications, especially after they have already postponed the decision on ARK's spot Bitcoin ETF application earlier this month. We will likely see progress on Bitcoin ETFs only after the SEC's decision on the Grayscale lawsuit." (Source link)
"What Interesting Articles Are Worth Reading in the Last 24 Hours"
1. "Living Towards Death: A Review of Solana DeFi Projects in 2023"
Regardless, FTX collapsed afterward, and naturally, the associated trials with Solana occurred. This is yet another test of faith for holders, users, developers, and supporters, but it also provided an excellent opportunity to purchase SOL at $8. Kudos to those who bought it.
Discussing with Circle CEO Jeremy Allaire the differences between the 2022 cryptocurrency crash and the internet bubble of the late 90s, the value of cryptocurrencies beyond speculative assets, the future of cryptocurrency regulation, and how Circle's collaboration with the United Nations empowers Ukrainian refugees through USDC.
3. "zkSync Earned Over $20 Million Quietly in Six Months; How Do Layer 2 Projects Profit?"
According to analysis from The Block, based on current daily profits, Coinbase could earn $61 million annually from the Base network, outpacing many public chain platforms or DAPP applications in the industry. Today, let's take a brief look at how Layer 2 project teams are making profits (referring to Rollup-type solutions).
