â°$EIGEN will be listed at 12:00 a.m on October 1.
âĄïžTotal supply is 1,680,000,000 $EIGEN
âĄïžInitial circulating supply is 197,000,000 $EIGEN
đOverview - Based on the data on the status of claiming and delegating EIGEN tokens, it can be seen that the actual initial supply is smaller than the estimated 198M $EIGEN
- The initial total supply of $EIGEN up to now (claimed after 2 seasons) will only be at ~115M $EIGEN. Meanwhile, 73,7M $EIGEN is being staked. Thus, the final initial circulating supply is at 41,1M $EIGEN (this number will change when users unstake)
What do you guys predict the floor listing price to be?
- Vitalik Buterin proposes metrics to measure the alignment of Ethereum
- The U.S. cutting interest rates and monetary stimulus measures from China will lead to strong growth in the crypto market
- The new Bellscoin (BEL) mining pool has launched on Binance in conjunction with Litecoin (LTC)
- What does Japan's new Prime Minister mean for cryptocurrency?
đMacroeconomic Calendar - October 1: FED Chairman Powell will speak about the economic outlook at the National Economic Association. - October 1: JOLTS job openings statistics. - October 2: ADP private employment change report. - October 4: US will release non-farm payrolls.
đToken Unlock Schedule - October 1: Maverick Protocol unlocks 36,4M $MAV. - October 1: Sui unlocks 64,1M $SUI. - October 1: ZetaChain unlocks 53,8M
đKamala Harris Vows to Support Crypto Industry If Elected
This is the first time that US presidential candidate Kamala Harris has made positive comments aimed at the cryptocurrency sector on Wall Street
đVice President Kamala Harris, the Democratic presidential candidate, spoke at a fundraiser on Wall Street that she would encourage new technologies such as AI and digital assets, while protecting consumers and investors.
đMs. Harris is expected to announce new economic policies this week. Currently, she is leading in 4/6 battleground states according to market predictions Polymarket, with a 52% chance of winning the presidency compared to her opponent Donald Trump.
đŒMeanwhile, Trump has also been making moves to reach out to the crypto industry, such as visiting a Bitcoin bar and releasing more details about his family's World Liberty Financial project.
- Kamala Harris supports AI and digital assets at fundraiser
- Former Binance CEO CZ to be released on Sunday, September 29
- Hamster Kombat airdrop limited to 131 million users
- Jupiter acquires SolanaFM to enhance Solanaâs data and infrastructure capabilities
- Ethereum gas fees stabilize after continuously hitting lows since early September
- Coinbase aims to integrate cbBTC with Solana Blockchain See more
đMacroeconomic Event Calendar - September 24: FED Governor Bowman speaks - September 26: GDP index meeting announcement - September 26: FED Chair Powell speaks - September 27: US announces August PCE inflation
đToken Unlock Schedule - September 25: Venom unlocks 235M $VENOM - September 30: Optimism unlocks 31,3M $OP - October 1: Maverick unlocks 36,4M $MAV - October 1: Sui unlocks 64,2M $SUI
đAccording to the latest announcement from Vivien Lin - product manager at BingX, at 4am (Singapore time) on September 20, the exchange detected unusual access to the hot wallet, suspected of being hacked. BingX immediately deployed an emergency response, including transferring assets and suspending withdrawals.
đ€After MartyParty's announcement, on the exchange's official X account, BingX did not respond to the attack allegations but just posted a system maintenance notice.
âïžThe exact extent of the damage has not been verified, but the deposit feature has stopped after the exchange's announcement. Some users estimated the loss of assets at about 26M USD. BingX users are warned to be careful with their accounts and follow the exchange's official information channels to avoid being attacked.
â ïžHackers quickly sold everything to launder money. The incident happened quite quickly, so it is likely that the hackers had prepared a plan in advance. BingX has now closed withdrawals to check and fix the problem.
Anyone who still has money on BingX, please stay calm.đ
đ„FED cuts interest rates by 0.5%, first time in 4 years
In his opening statement, Powell said the cut was an adjustment to the central bank. The policy stance will help maintain the strength of the economy and the labor market.
This is a cut that surprised the market and was contrary to many people's predictions. The FED has always maintained a cautious attitude with interest rate hikes, this time most predicted it would be only 25 basis points (0.25%), but the end result was a larger cut.
Crypto market reacts positively, the market is full of greenđ
đŁBinance Speaks Out on Mass Listing of Memecoins
Binance co-founder He Yi has clarified the exchangeâs stance on the current memecoin movement.
Binance is experimenting with various initiatives, including memecoins, games on Telegram, and venture-backed infrastructure projects.
The main purpose of this research is to explore projects with lower Fully Diluted Valuation (FDV) and more decentralized token distribution, which Binance considers crucial to supporting healthy market participation.
Yi He emphasized that Binance is an exchange platform and will strive to provide a variety of tokens that the market needs. However, she also reminded that investing always involves risks. Therefore, investors should do their own research before deciding to buy or sell.
@hamster_kombat becomes the next Binance Launchpool project to launch on September 26.
The most notable point is that the total supply of $HMSTR is 100B and upon launch, the circulating supply will reach 64,375,000,000, accounting for approximately 64,38% of the total supply.
â°Farming period: Lasts 7 days from 2024-09-19 00:00 (UTC)
The August 2024 CPI is expected to rise 2.6% year-on-year (2.9% in July).
If true, it would be the smallest annual increase since March 2021 (also 2.6%).
However, the core CPI, which excludes food and energy prices, rose 0.3% on the month, slightly higher than the 0.2% estimate. The core CPI over the past 12 months in the US was 3.2%, in line with forecasts. The increase was mainly due to housing costs.
However, overall inflation has slowed sharply and is on track for a fifth consecutive monthly decline.
The first rate cut since 2020 is almost certain next week, the question now is whether the Fed will do more.
Next Events to Watch:
†September 12: PPI Data Release †September 18: FOMC Meeting (Rate Cut)
Harris's odds on Polymarket have risen to the same level as Trump's after this morning's debate.
We thought Trump had the upper hand with 52%, but after this heated debate, Harris jumped from 46% to 49%, the same as Trump's.
The battle is not over yet, but Polymarket seems to be leaning towards Harris!
Trump is famous for being pro-crypto, while Harris still has no clear opinion, but Polymarket bet Harris to win the debate with 94%, probably because she is in control of the situation.
After Trump's defeat, MAGA's price dropped 10% in the past 24 hours.
đ„Former Mt. Gox CEO Set To Launch Crypto Exchange EllipX
âĄïžMark Karpeles says new crypto exchange EllipX will be launched with the goal of being transparent and User-Friendly
đCrypto exchange EllipX, expected to launch in Europe by the end of September 2024, will be headquartered in Poland.
đ„Mt. Gox currently holds around $44,899 in $BTC, worth $2,54B. In total, over the past 2 months, the exchange has returned over 68% of the initial $142,000 in $BTC, leaving only around 32% of the Bitcoins waiting to be distributed in the future.
đFormer Mt Gox users will receive a "Transaction Fee Discount" if they use EllipX.