Crypto NewsPaper 🗞️

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Short-term holders recover gains as 87% of Bitcoin’s supply now in profit

🗣Bitcoin's meteoric rise to $64,000 has turned the market green, reversing weeks of bearish performance. This uptick, triggered by shocking news, has significantly boosted short-term holder (STH) profitability metrics.

✔️ For instance, the percentage of Bitcoin's supply in profit soared dramatically and STH-related ratios like NUPL have finally turned positive.

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Real Bedford FC has acquired $4.5 million worth of Bitcoin, aiming to reach the Premier League

✔️ The purchase increases their holdings to 82.7 BTC, worth about $5.37 million. Club Chairman Peter McCormack emphasizes the move for financial stability and sustainability.

🟡 Supported by Gemini founders Cameron and Tyler Winklevoss, the investment bolsters the club's strategy to become the first Bitcoin Club and secure long-term success.

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The Sandbox Launches ‘Rise of the Memes’ Contest with $10k Prize Pool

🗣Sandbox, a virtual world platform, has unveiled a new competition titled “Rise of the Memes.” inviting creators to design funny, meme-inspired digital items using the platform’s VoxEdit tool.

✔️The competition will run until August 6th at 11:59 PM UTC, giving participants ample time to submit their entries. With a total prize pool of 10,000 $SAND tokens.

🟢The first-place winner will receive 2,500 $SAND, the second-place winner will get 1,750 $SAND, and the third-place winner will earn 1,000 $SAND.

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AlphaGrowth to Lead Compound DAO’s Strategic Expansion in DeFi

📰 Compound DAO, a leading decentralized finance (DeFi) protocol, announced the formalization of a one-year partnership with AlphaGrowth, the DeFi operations firm. AlphaGrowth has a proven track record of accelerating multiple blockchain protocols and ecosystems.

✔️ This strategic collaboration follows a successful five-month trial period that began in December and aims to drive sustainable revenue generation and solidify Compound’s position as a DeFi leader.

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🚀 Run a Node - Contribute to the Security of Waterfall Network - Earn $WATER! 🚀

Hey everyone,

I’ve got some exciting news for all you blockchain enthusiasts! 🌐

@waterfall_network , a highly scalable and decentralized BlockDAG EVM-compatible Layer 1 protocol, has just launched its Mainnet on June 28 and got listed on
Gate.io on July 17. 🎉

Here’s why you should care:

🔹 Industry Legends on the Team:
Ron Resnick: Former Executive Director of Enterprise Ethereum Alliance
Jeff McDonald: Former Co-founder of NEM
Richard Wang: General Partner at Draper Dragon Fund
And a top-tier R&D team

🔹 Get Started: To run a node, you need 32,000 $WATER coins (one validator requires this amount). Check out $WATER on Gate.io.

🔹 Check the Rewards Statistics Page: https://waterfall.network/individuals#statistics_block

🔹 How to Run a Node:
💻 DIY Setup: Follow the guide to set up a node on your computer: https://docs.waterfall.network/tutorials/setup-docker-node-mainnet/

☁️ Cloud Hosting: Ensure 24/7 uptime with popular cloud hosting services. Instructions here: https://docs.waterfall.network/tutorials/

🌎 Staking Infrastructure Providers: Partner with providers worldwide, each offering unique terms. Find your match:
https://waterfall.network/staking-infrastructure-providers

Don’t miss out on this chance to join the Waterfall Network and start earning $WATER today! 🌊💧

26.4K views08:32

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Today 14th August is realDogsHouse $DOGS Day!! 🦴🦴

@okx will list $DOGS 20th August 12pm UTC 🟢

#OKX details: bit.ly/3SMwIGi

@bitgetglobal will list $DOGS 20th August 12pm UTC 🟢

#Bitget details: https://www.bitget.com/support/articles/12560603814376?utmSource=Twitter_DOGS

#DOGS $DOGS #TON

30.7K views17:56

Crypto NewsPaper 🗞️

🚨 ChitaRush Incoming!

🔥The $BCT Token is already live on @MEXC_Official!

✅Leap into the future with Chitaverse don’t miss out on this wild ride!

✅Play & Earn with ChitaRus

✅ Dive into the action-packed world of ChitaRush where every move counts! 🏃‍♂️ Collect rare items, complete challenges, and earn valuable rewards in our immersive #PlayToEarn experience.

✅the ChitaRush game suitable for users without technical expertise in the play-to-earn and metaverse

✅ ChitaRush is designed to be accessible even to users without technical expertise.

✅With its play-to-earn model and metaverse integration, it allows players to earn rewards from their gaming experience without needing complex technical knowledg

✅Links:

🌍

Website

🕊

Twitter

🚀

Telegram

📈

MEXC

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Ethereum Gas Prices Hit All-Time-Low as 110,000 ETH Pours Into DeFi

📰Ethereum gas fees have hit an all-time low as ETH continues to trade below $3,000 amid a broad period of market uncertainty. Though the reduced costs are good for users, they may not be good for investors.

💬Ethereum staking protocols are also beginning to show signs of life following weeks of neutral and muted inflows as over 100,000 ETH is poured into decentralized finance (DeFi) staking platforms.

✔️

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📰

NFT Sales Rebound With Strong Volume

👀Non-fungible token (NFT) sales volumes have rebounded, showing a positive trend across several major blockchains.

☑️ ThereThere’s was also a notable spike in buyer activity this past week. According to the latest data from NFT tracker CryptoSlam, Polygon (MATIC), Solana (SOL), Ethereum (ETH), and Mythos Chain saw significant gains, with Polygon leading the pack with a 123.20% increase in 7-day sales.

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32.4K viewsedited 19:35

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OpenSea Gets 'Wells Notice' From SEC, Which Calls NFTs Sold on Platform 'Securities'

📰 Non-fungible token (NFT) marketplace OpenSea received a notice from the U.S. Securities and Exchange Commission (SEC) that it intends to pursue an enforcement action, the company disclosed on Wednesday.

🔄"OpenSea has received a Wells notice from the SEC threatening to sue us because they believe NFTs on our platform are securities," OpenSea's CEO Devin Finzer wrote on social media platform X.

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Terraform Labs moves $62.81M in BTC amid final wind-down steps

💬 On-chain data shows that a crypto wallet linked to the bankrupt Terraform Labs moved 1,075 BTC, valued at approximately $62.81 million, to a new address (bc1q5) on Sept. 2.

☑️ While the firm has yet to comment publicly on the transfer, market analysts note that it aligns with Terraform Labs’ plan to wind down operations following its record settlement with the US Securities and Exchange Commission (SEC).

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📰

AAVE Tops DeFi as Market Survives Bearish August

📰 August was a bearish month for the cryptocurrency market, especially because of the Aug. 5 decline. While the market attempted to recover the rest of the month, another downturn followed in the final week of August.

🎙Nevertheless, some categories and projects within them have been more resilient than others. More specifically, the Decentralized Finance basket fell by single digits, while its best performer, Aave (AAVE), had a positive rate of increase.

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39.7K viewsedited 22:39

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NFT Sales Drop 7.91% as Buyers and Sellers Pull Back Sharply

📰 Over the past seven days, non-fungible token (NFT) sales have dipped once again, sliding 7.91% compared to the previous week.

👀 The number of NFT buyers has taken a notable hit, plummeting 73.46%, and sellers are following suit, down 61.18% from last week.

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40.5K viewsedited 22:19

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PancakeSwap plans v4 update following $836B trading volume milestone

📰 Decentralized exchange PancakeSwap has reported $836 billion in cumulative trading volume and a total value locked (TVL) of about $1.72 billion in four years of operation.

📰 PancakeSwap held about $1.72 billion in total value locked as of Sept. 20, which has decreased over the years, from an all-time high of $7.16 billion on May 4, 2021, according to DefiLlama. On March 30, PancakeSwap’s TVL was about $2.42 billion and has been dropping since.

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BlackRock calls Bitcoin a ‘unique diversifier’ in document sent to clients

Asset manager BlackRock sent a 9-page document to its clients on Sept. 18 that portrays Bitcoin (BTC) as a “unique diversifier” for portfolios.

The document highlighted the characteristics that make Bitcoin distinct from traditional asset classes on any long-term basis and suggested a “modest allocation.”

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40.6K viewsedited 20:42

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Giko Cat, inSure DeFi and Sudeng coins exhibit double-digit gains as Solana struggles

👀Giko Cat, Sudeng and inSure DeFi emerged as the top gainers in the last 24 hours with a double-digit surge.

ℹ️ CoinGecko data shows that while top coins like Ethereum (ETH) and Solana (SOL) are recovering with a 1-3% surge after the recent dump, some meme coins pulled off double-digit gains.

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Ubisoft Reveals Release Date for ‘Champions Tactics’ NFT Game

📰 Gaming giant Ubisoft announced Thursday that it will release Champions Tactics: Grimoria Chronicles, its first original blockchain game, on October 23. The tactical PC role-playing game will be launched on the Oasys Home Verse gaming network.

ℹ️ The game allows players to assemble teams of "Champions"—digital collectibles with unique abilities—to engage in player-versus-player battles in a dark fantasy setting.

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MicroStrategy eyes trillion-dollar valuation in bitcoin bank endgame, Michael Saylor tells Bernstein

📰 MicroStrategy has aggressively acquired bitcoin since 2020, leveraging debt and equity to maximize returns and outperform many traditional investments.

📰 The firm’s latest purchase of 7,420 announced last month took its holdings to 252,220 BTC, currently valued at just over $15 billion, against a total cost of around $9.9 billion and $4 billion worth of debt.

✔️ That’s the equivalent of 1.2% of bitcoin’s total 21 million supply — making MicroStrategy the largest corporate bitcoin holder in the world.

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Daily NFT Sales Jump 30% As Ethereum & Bitcoin NFTs Explode In Sales Volume

📰 The global non-fungible token market has surged in trading sale volume today after non-fungible token collections created on the Ethereum and Bitcoin blockchain networks exploded in sales volume.

🟢In the past 24 hours, the Ethereum and Bitcoin NFT trading sales volume has surged +25%, showcasing that the global NFT market is still staged for higher volumes before the end of 2024.

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41.1K viewsedited 10:37

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Winklevoss-backed DeFi platform launches after $6.9M investment round

📰 Azura, a new all-in-one crypto application aggregation layer, has launched with support from some of the most notable crypto founders.

📰 Azura, which brands itself as an onchain interfacing layer, launched on Oct. 22, aims to lower the entry barrier for new investors and enable them to trade any asset via decentralized finance (DeFi) applications.

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Vitalik Buterin says The Purge can help reduce Ethereum’s complexity and storage requirements

📰 One of the problems of Ethereum, or any blockchain, is that it grows in size over time. This means an increase in the complexity of its code and its storage requirements.

💬A blockchain must retain all the data throughout its history which needs to be stored by all clients and downloaded by new clients. This leads to a constant increase in client load and sync time.

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