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SLUSH Launchpadâs Initial Pre-Sale: 1 Million SL Coins Sold in Just 3 Hours đ±
The first pre-sale conducted on the SLUSH, a launchpad platform of the SASEUL ecosystem, sold out within 3 hours of its start.Seoul Labs announced that their SL coinâs initial pre-sale, originally planned for five days (January 16-20), saw all 1 million units sell out in just three hours on January 16th, leading to an early closure of this sales round.SASEUL, a mainnet with its own engine, was presented as the first project of the Slush launchpad. SASEUL is a mainnet created with pure proprietary technology without hard forking other chains, resolving the inherent limitations of Bitcoin and Ethereum. It is known as a blockchain network that combines the advantages of blockchain such as scalability, decentralization, and security with the speed and eco-friendliness essential for commercialization. Currently, it has about 30,000 Nodes worldwide, and since the first block creation in 2022, 1.7 billion SL coins have been issued through mining. #TrendingTopic
TrueUSD Loses Its $1 Peg đȘ
TrueUSD (TUSD) experienced some price turbulence over the last 24.
One of the top 10 stablecoins lost its dollar peg - dipping as low as $0.984 during frantic overnight trading. A rare sight for a major fiat proxy!
Most price punishment came on Binance order books amidst a deluge of TUSD sell orders. On-chain data spotted net outflows of over $130 million suggesting investors dumped en masse into BTC and other cryptos.
TrueUSD (TUSD) experienced some price turbulence over the last 24.
One of the top 10 stablecoins lost its dollar peg - dipping as low as $0.984 during frantic overnight trading. A rare sight for a major fiat proxy!
Most price punishment came on Binance order books amidst a deluge of TUSD sell orders. On-chain data spotted net outflows of over $130 million suggesting investors dumped en masse into BTC and other cryptos.
$1.4 Billion Floods Into New Spot BTC Funds
The drums of institutional FOMO beat loudly after spot Bitcoin ETFs unlocked money vaults this week!
According to ETF analyst Eric Balchunas, nearly $1.4 billion in inflows blasted into various funds in just two trading days!
Adding 500,000 new traders along the way as volumes exploded to $3.6 billion! An impressive start by any metric.
Yet early winners and losers emerged from the chaos with Grayscale experiencing significant outflows. After adjusting for a $579 million drainage, the net measured $819 million.
The drainage highlighted some whales upgrading to newer offerings after being locked into pricey Grayscale products. Why stick with a 1.5% fee ratio when BlackRock charges just 0.25%?
The drums of institutional FOMO beat loudly after spot Bitcoin ETFs unlocked money vaults this week!
According to ETF analyst Eric Balchunas, nearly $1.4 billion in inflows blasted into various funds in just two trading days!
Adding 500,000 new traders along the way as volumes exploded to $3.6 billion! An impressive start by any metric.
Yet early winners and losers emerged from the chaos with Grayscale experiencing significant outflows. After adjusting for a $579 million drainage, the net measured $819 million.
The drainage highlighted some whales upgrading to newer offerings after being locked into pricey Grayscale products. Why stick with a 1.5% fee ratio when BlackRock charges just 0.25%?
Ethereum Co-Founder Vitalik Buterin's Address Sells Trillions of Airdropped Tokens, Causes Illiquid Coin Prices to Plummet
#Binance
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#crypto2023
#cryptoget
#Binance
#Ethereum
#crypto2023
#cryptoget