đ„ HAMSTER MATH
đ Season 1 results have been summarized :
đ± More than 300 million people have joined Hamster Kombat since March 26, 2024, 131 million qualified for the September 26 prize giveaway , and about 2.3 million were banned for cheating .
đȘ 30.6 million qualified users did not choose a withdrawal method before the deadline . But you can still get the tokens!
đ Of the 100 billion $HMSTR tokens, 75% are reserved for the community!
đ€ 60% will be distributed after season 1.
- Of this amount, users will receive 88.75% immediately during the airdrop , and the remaining part
- 11.25% will be transferred and unlocked ten months after listing.
đĄ An additional 15% will be dropped during the upcoming Season 2 of the game.
$BTC
{spot}(BTCUSDT)
đ Exciting News from Capitol Hill! đ
On October 2nd, CESS, a leading decentralized cloud storage network, will join the Blockchain Association's educational session at Capitol Hill. This event will highlight the transformative potential of Decentralized Physical Infrastructure Networks (DePIN) in building a secure, transparent internet.
Key Points:
- CESS, Helium, Filecoin, and others will discuss DePIN's impact on data storage, energy, and telecom.
- The goal is to inform US lawmakers about DePIN's capabilities and benefits.
- CESS will showcase its innovative decentralized storage solutions and CD2N technologies.
Join the conversation! What are your thoughts on DePIN's future? đŹđ
đ **Crypto News Flash: Kamala Harris Embraces Digital Assets!**
- **Big Announcement:** Democratic presidential nominee Kamala Harris vows to boost investment in crypto and AI, marking her first public stance on the matter.
- **Fundraiser Insight:** At a Manhattan event, Harris emphasized creating a safe, transparent environment for digital assets and AI, aiming to protect consumers and investors.
- **Policy Shift:** This contrasts with President Bidenâs stricter crypto regulations, known as Operation Choke Point 2.0.
- **Industry Reactions:** Coinbase policy chief Faryar Shirzad noted Harris' position as noteworthy but less visionary than Trumpâs.
đŹ **What do you think? Will Harrisâ stance impact the crypto market? Comment below!**
#CryptoNews #KamalaHarris #DigitalAssets
What is the Funding Rate?" đ
The funding rate is the difference between the current market value of a perpetual contract and the index price, which is equivalent to the value of the underlying asset.
The funding rate ensures that the derivative's quotes are aligned with the index, stimulating trading of contracts near spot prices. It is the basis for periodic payments to traders in the perpetual futures market.
Depending on the value of the asset, the financing rate may be:
đą Positive - the futures price is higher than the underlying asset. In this case, the commission is charged to traders who take long positions.
đ Negative - the futures price is, accordingly, worth less than the asset on the spot market. In this case, the funds are lost by holders of short positions.
What is important to know?
1ïžâŁ The funding rate not only ensures price parity in the futures market, but is also an indicator of investor sentiment.
2ïžâŁ At low funding values, short positions dominate, indicating a short-term bearish trend and vice versa. The rate can be used to track the emergence of imbalances in the market.
3ïžâŁ In some cases, it will simply be unprofitable to hold a position for a long time, so it is worth considering funding indicators before opening a medium-term deal.
#Bitcoinâ #FundingRates #CATIonBinance #BTCReboundsAfterFOMC #BinanceLaunchpoolHMSTR
đ Ethereum (ETH) is on the rise! Following the Fed's 50 basis points rate cut, ETH surged 16% this week, sparking investor optimism. However, some whales are cashing out while prices are high. đ
On-chain data reveals two major whales moved 8,510 ETH (~$21.9M) to centralized exchanges. One dormant whale shifted 3.5K ETH (~$9.04M) after three months. Despite these moves, the whale still holds 136K ETH (~$358M).
Genesis Trading also moved 5K ETH (~$12.9M) to repay creditors, yet retains 162K ETH (~$423M). ETH trading volume spiked 52% in 24 hours, trading at $2,654. Will the whale activity impact ETH's rally? đ #Ethereum #CryptoNews
đ Ethereum's rollercoaster ride continues! Following the Fed's interest rate cut, ETH surged 16% last week, sparking investor optimism. But wait, some whales are making a splash! đ
Two major whales moved 8,510 ETH ($21.9M) to exchanges in 24 hours. One dormant whale woke up after 3 months, shifting 3.5K ETH ($9.04M). Despite this, they still hold 136K ETH ($358M). Genesis Trading also moved 5K ETH ($12.9M) to repay creditors.
ETH price up 2.5%, trading volume up 52%. Is this a whale exit strategy or just a pit stop? Share your thoughts below! #Ethereum #CryptoNews