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Important Dates to Watch in October đïž âą October 4: Unemployment Rate & Non-Farm Payrolls âą October 7: #FTX Court Hearing âą October 10: #CPI Data Release âą October 11: #PPI Data Release âą October 17: #ECB Rate Decision Which dates are on your radar? đ If you enjoy my content, feel free to tip me â€ïž #Binance #crypto2024
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Turbos Finance Hits $30M Daily Volume, Offers $600K in Rewards đ€ The decentralized exchange (DEX) #Turbos Finance, built on the #Sui ecosystem, has achieved a daily trading volume surpassing $30 million, with weekly volumes tripling compared to the past three months. This week, users who add liquidity to the $SUI - $TURBOS pool are eligible for a share of 600,000 $TURBOS tokens in rewards. Turbos Finance is currently the leading Meme Trading Hub and top DEX within the Sui ecosystem. If you enjoy my content, feel free to tip me â€ïž #Binance #crypto2024
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Crypto Market Sees $191 Million in Liquidations in 24 Hours đš Over the past 24 hours, the cryptocurrency market experienced total #liquidations amounting to $191 million, with short positions accounting for $48.27 million and long positions for $142 million. Bitcoin (BTC) liquidations totaled $32.85 million, while Ethereum (ETH) liquidations reached $43.97 million. If you enjoy my content, feel free to tip me â€ïž #Binance #crypto2024
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OpenAI Secures $4 Billion Credit Line, Boosting Liquidity to Over $10 Billion Amidst Rapid Growth đ± OpenAI has obtained a $4 billion revolving credit line from several major financial institutions, including #JPMorgan Chase, Citi, Goldman Sachs, Morgan Stanley, Santander, Wells Fargo, SMBC, UBS, and HSBC, increasing its liquidity to over $10 billion. This follows a recent #funding round that valued the company at $157 billion. OpenAI plans to use the funds to invest in research, infrastructure, and talent acquisition. The company has seen explosive revenue growth but also faces significant costs, particularly from purchasing GPUs for AI training. #OpenAI expects $11.6 billion in sales next year despite projected losses of $5 billion for 2024. If you enjoy my content, feel free to tip me â€ïž #Binance #crypto2024
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Ethereum Spot ETFs See $14.45M Net Inflow Amid Grayscale Outflows đ° On October 2, Ethereum spot ETFs recorded a total net inflow of $14.45 million. #Grayscale âs Ethereum Trust (ETHE) saw a net outflow of $5.4 million, contributing to a total historical net outflow of $2.939 billion, while its Ethereum Mini Trust had no outflows, maintaining its historical net inflow of $295 million. BlackRockâs ETF (#ETHA ) led daily inflows with $18.04 million, followed by Franklin Templetonâs ETF (EZET) with $1.81 million. The total net asset value of Ethereum spot ETFs stands at $6.508 billion, with cumulative historical net outflows of $558 million. If you enjoy my content, feel free to tip me â€ïž #Binance #crypto2024
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