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How much key market intelligence did you miss on October 28?
How much key market intelligence did you miss on October 28?

1. Hot topics: PUMP, DOGE, POLYMARKET; 2. Biggest rises and falls: $NEIRO, $DEEP, $VIRTUAL; 3. On-chain fund movement: $11.9M flows into Solana, $29.6M flows out of Ethereum; 4. Top news: Solana ecosystem DEX Jupiter TVL hits a record high

BlockBeats·2024/10/28 10:58
The Ethena team is facing a "credibility" crisis. Is using 180 million ENA to earn Sats intended to dilute rewards?
The Ethena team is facing a "credibility" crisis. Is using 180 million ENA to earn Sats intended to dilute rewards?

No one really knows how much yield and staking income Ethena has received from its $2.6 billion user fund, or whether it has flowed all of it to SUSDe holders.

BlockBeats·2024/10/28 09:21
Watch Out: 18 Altcoins Have Massive Token Unlocks in the New Week – Supply in One Altcoin Will Nearly Double! Here’s a Day-by-Day, Hour-by-Hour List
Watch Out: 18 Altcoins Have Massive Token Unlocks in the New Week – Supply in One Altcoin Will Nearly Double! Here’s a Day-by-Day, Hour-by-Hour List

The cryptocurrency market is preparing for large amounts of token unlocks in many altcoins in the new week.

Bitcoinsistemi·2024/10/28 09:11
Sotheby’s VP Michael Bouhanna turns meme coin BAN into a $1M payday with insider trading
Sotheby’s VP Michael Bouhanna turns meme coin BAN into a $1M payday with insider trading

Share link:In this post: Michael Bouhanna, Sotheby’s VP, launched his own meme coin, BAN, after losing money on other meme coins, using insider wallets to make over $1 million. Bouhanna openly shared his wallet address before deleting it, revealing his link to BAN’s creation and insider buys for profit. His setup included multiple wallets funded from a single source, allowing him to control and trade under the radar.

Cryptopolitan·2024/10/28 07:22
Bitcoin dominance hits 59.75% as ETH/BTC slips below key support
Bitcoin dominance hits 59.75% as ETH/BTC slips below key support

Share link:In this post: Bitcoin dominance hit 59.75% this week as BTC pushes higher, while Ethereum struggles against it, dropping to a new low on the ETH/BTC pair. Institutional interest in Bitcoin is strong, with $997.7 million flowing into BTC ETFs, its third straight week of inflows. Tether’s USDT faced volatility after reports of a U.S. government investigation, briefly dipping below its peg before recovering slightly.

Cryptopolitan·2024/10/28 07:22
Flash
  • 18:11
    Meme tokens on Solana chain fall in popularity
    Market data shows that Meme tokens on the Solana chain are down, including: GOAT market cap is now at $787 million, down 12.7% in 24 hours; FARTCOIN market cap is now at $322 million, down 19.5% in 24 hours; ZEREBRO market cap is now at $320 million, down 18.3% in 24 hours; AVA market cap is now at $44.8 million, down 21% in 24 hours; SHOGGOTH market cap is now at $38 million, down 18.8% in 24 hours. AVA market cap is now at $44.8 million, down 21% in 24 hours; SHOGGOTH market cap is now at $38 million, down 18.8% in 24 hours. The market is volatile, so please control your risk.
  • 18:10
    Over $50 million in bursts across the network in the past four hours, with the main bursting multiple orders
    Data show that in the past four hours, the entire network burst 54,391,100 U.S. dollars, of which $ 41,547,100 long positions, short positions 12,844,400 U.S. dollars.
  • 18:07
    Bitcoin futures open interest rises sharply since Trump win
    Bitcoin futures open interest has risen sharply since Trump's 5 November victory, with data showing that open interest in bitcoin futures has risen from $39bn on 5 November to $60.9bn currently, suggesting an increase in trading activity and market speculation.Analysts at Bitfinex said the increase in open interest appeared to be a natural progression, which is being driven by expectations of future price appreciation Driven by. Leveraged accumulation is a common tool used by traders, including institutions, to position themselves against expected price movements.
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