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Solana DEX Drift set to airdrop 100 million tokens to users
Solana DEX Drift set to airdrop 100 million tokens to users

Drift, a Solana-based DEX protocol, is set to launch its token and airdrop 100 million DRIFT tokens to users. The token launch and airdrop are expected to occur in the coming weeks, Drift co-founder Cindy Leow told The Block.

The Block·2024/04/16 12:25
Bitcoin Drops 10% Weekly But Big Players Stay in the Game
Bitcoin Drops 10% Weekly But Big Players Stay in the Game

The data indicates a clear trend of accumulation among large Bitcoin holders.

Cryptopotato·2024/04/16 12:13
Current actions of bitcoin holders mirror December 2020, suggesting possible growth phase: Bitfinex analysts
Current actions of bitcoin holders mirror December 2020, suggesting possible growth phase: Bitfinex analysts

Bitcoin supply on exchanges by long-term investors has fallen to its lowest levels in 18 months, Bitfinex analysts said.Coupled with the supply constraint from the upcoming halving, this dynamic could lead to further price growth, the analysts added.

The Block·2024/04/16 11:25
Bitcoin halving will lead to more sustainable BTC mining: Report
Bitcoin halving will lead to more sustainable BTC mining: Report

The block reward halving’s impact on mining profitability could prompt Bitcoin miners to look for more sustainable energy sources, turning the grid more sustainable.

Cointelegraph·2024/04/16 10:59
Flash
04:12
Prominent Trader: If Bitcoin Fails to Hold $60,000, $54,000 Could Be the Next Support Level
BlockBeats News, June 10th, Renowned trader Killa (@KillaXBT) posted an update on market outlook, stating that if Bitcoin holds above the quarterly low of $60,037, it may rebound to the quarterly open of $68,185; if not, it could indicate a move to the CME gap at $54,111. Furthermore, the next potential support to the downside is the July 2024 low of $49,302. Killa, as a BTC-focused quantitative trader, had previously predicted the peak of this bull market in May 2025 and has over 180,000 followers on Platform X. In mid-April, he shorted Bitcoin at $74,688.
03:54
Uniswap Founder: Claude Fable 5 Network Security Query Limit is a "Bad Decision"
BlockBeats News, June 10th, Uniswap founder Hayden Adams expressed his opposition to the security sandbox mechanism introduced by Claude Fable 5, a new model under the AI company Anthropic. He pointed out, "Fable 5's security protection mechanism will detect and intercept requests related to cybersecurity, which is a terrible decision. Legitimate requests aimed at strengthening and defending systems (white hat) are likely to be indistinguishable from malicious requests from black hat hackers at a fundamental logic level."
02:46
Ansem: Seasonal Factors Combined with CPI Will Cause Continued Correction in US Stocks, But Not an Immediate Shift from Tech Stocks to Crypto
BlockBeats News, June 10th, Cryptocurrency KOL Ansem stated that the upcoming CPI data, next week's first FOMC meeting under Powell, and the dot plot overlaying the stock market's sustained strength and summer seasonal factors may trigger a risk-off market and establish a bottom in the coming months. Ansem also believes that there will be no rotation of funds from tech stocks to BTC or ETH at the moment, and specifically mentioned that MSTR stock is extremely weak with insufficient support below. This morning, Ansem stated that he shorted ETH at $1640, plans to add to his position in the $1680-1700 range, with a stop-loss at $1735.
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