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Are Bitcoin ETFs on track to surpass Satoshi Nakamoto as the largest BTC holder?
Are Bitcoin ETFs on track to surpass Satoshi Nakamoto as the largest BTC holder?

Bitcoin ETFs are on track to surpass Satoshi Nakamoto as the largest BTC holder by 2025. Satoshi Nakamoto is currently the top Bitcoin holder, allegedly holding 1.1 million BTC. BlackRock’s IBIT Bitcoin ETF is the third-largest BTC holder as the AMC supervises $10T in AUM.

Cryptopolitan·2024/08/12 16:00
Sui open interest remains near peak, traders aim to protect long positions
Sui open interest remains near peak, traders aim to protect long positions

Share link:In this post: SUI open interest continued to grow above $256M. The Sui network is highly active, with more than 400K reported daily wallet interactions. Sui is a VC-backed project, with 75% of the tokens still locked and waiting to enter the market.

Cryptopolitan·2024/08/12 16:00
Hamster Kombat turned down VC offers to ‘protect players’
Hamster Kombat turned down VC offers to ‘protect players’

Telegram-based Hamster Kombat said it has turned down multiple VC offers and has no external investors. The Web3 game claims it rejected VC offers to protect its players from becoming exit liquidity. Still no information on when the HMSTR airdrop will happen.

Cryptopolitan·2024/08/12 16:00
Ethereum (ETH) adds $150M fresh supply in 30 days as inflation grows
Ethereum (ETH) adds $150M fresh supply in 30 days as inflation grows

Share link:In this post: Ethereum (ETH) increased its inflation to 0.67% as network usage slows down. An additional 57,000 ETH increased the supply in the past month. L2 have a mixed effect on Ethereum, by taking away some of the traffic, but raising demand for blob payments.

Cryptopolitan·2024/08/12 16:00
U.S. PPI rises 0.1% in July as inflation slows further
U.S. PPI rises 0.1% in July as inflation slows further

The U.S. Producer Price Index (PPI) only went up by 0.1% in July, showing that inflation is slowing down more than expected. Investors are watching the Fed closely, wondering if they’ll cut interest rates in September as inflation cools off. Major stock indices and Ethereum prices are on the rise, with ETH seeing big inflows into spot ETFs.

Cryptopolitan·2024/08/12 16:00
Polymarket partners with Perplexity to enhance prediction market experience
Polymarket partners with Perplexity to enhance prediction market experience

Share link:In this post: Polymarket and Perplexity are partnering to integrate advanced news summarization. The collaboration will enhance user engagement with features like customizable pages. Polymarket is seeing record growth due to interest in the US presidential election.

Cryptopolitan·2024/08/12 16:00
Flash
09:06
Treehouse and Euler Launch First On-Chain Benchmark Interest Rate TESR Fixed-Rate Lending Market
BlockBeats News, June 4th, Treehouse announced that its on-chain reference rate TESR (Treehouse Ethereum Staking Rate) has been integrated with Euler to launch the first fixed-rate borrowing market with an anchored reference rate in DeFi. Users can borrow WETH using tETH or wstETH as collateral, and the borrowing interest rate will be locked in at the start of each monthly period based on the TESR 30-day consensus rate and remain fixed throughout the period, eliminating the uncertainty caused by borrowing rate fluctuations. The initial markets launched include tETH/WETH and wstETH/WETH. The market is overseen by the DeFi treasury management firm KPK, responsible for professional management and risk control to provide institutional-grade security and liquidity. Treehouse stated that this move provides DeFi users with a new option for fixed-rate borrowing, aiming to reduce borrowing cost fluctuation risks and further drive the development of the on-chain interest rate market.
08:58
US Stocks Movement | CRH Cement rises over 3% pre-market as JPMorgan raises its target price to $140
Glonghui June 4th|CRH Cement (CRH.US) rose more than 3% pre-market to $109.27. According to reports, JPMorgan raised CRH Cement’s target price from $135 to $140 and maintained an “overweight” rating. This adjustment reflects the institution’s confidence in the company’s fundamentals and future growth. This is JPMorgan’s second positive adjustment for the stock in a short period, showing continuing optimism over CRH’s leading position in the building materials industry. In addition, CRH released its Q1 2026 financial report on April 30, with strong core indicators, providing solid fundamental support for the stock price.
08:56
Plasma One now supports withdrawals in US Dollar, Euro, Mexican Peso, and Brazilian Real.
Foresight News reported that the stablecoin-native bank card launched by Plasma now supports withdrawals in US dollars, euros, Mexican pesos, and Brazilian reais. Users can directly withdraw cryptocurrencies from their accounts as the above-mentioned fiat currencies to their corresponding bank accounts.
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