BlackRock Spot Bitcoin ETF’s daily trading volume tops $1 billion, ranking 11th among all ETFs

According to data released by Bloomberg analyst Eric Balchunas, as of around 2:30PM EST on Monday, the daily trading volume of the BlackRock Spot Bitcoin ETF (IBIT) has exceeded US$1 billion, ranking 11th among all ETFs ( Ranked in the top 0.3%) and ranked in the top 25 stocks.

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Yuga Labs will stop working with marketplaces that don’t support royalties for all creators

Yuga Labs announced on the X Platform that the Magic Eden Ethereum Market will go live tomorrow, the first major marketplace to collaborate with creators. Additionally, starting tomorrow, support for marketplaces that do not support all creator royalties will be removed, meaning Yuga Labs collectibles with royalty filters can only be traded on marketplaces that respect all creator royalties at the protocol level.

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BNB breaks through $400

The market situation shows that BNB exceeded US$400 and is currently trading at US$400.6, with an intraday increase of 2.88%. The market fluctuates greatly, so please control risks.

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The total market value of U.S. listed Bitcoin mining companies has exceeded US$23.4 billion

Data released by Farside Investors shows that the total market value of U.S. listed Bitcoin mining companies now exceeds $23.4 billion.

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Bybit Research: Ethereum is now the largest institutional crypto asset

A new report from Bybit Research claims that institutions are allocating the majority of their portfolios to Ethereum, with Bitcoin not far behind, in stark contrast to retail users who are more bullish on the latter.

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Nine new spot Bitcoin ETFs hit $2.4 billion in trading volume today, a record high

Data monitored by Bloomberg analyst Eric Balchunas shows that as of the close of U.S. stocks on Monday, the daily trading volume of nine new spot Bitcoin ETFs, except GBTC, reached US$2.4 billion, a record high and about twice the recent average daily trading volume.
Among them, BlackRock IBIT’s trading volume reached US$1.3 billion, which was approximately 30% higher than the previous historical high.

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Over 54.67 million USDC were minted in the USDC Treasury

According to Whale Alert monitoring, around 4:46AM Beijing time on Tuesday, 54,676,852 USDC were minted in the USDC Treasury, worth US$54,662,454.

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ATOM breaks through $11

The market situation shows that ATOM broke through 11 US dollars and is now trading at 11.16 US dollars, with an intraday increase of 7.7%. The market fluctuates greatly, so please control your risks.

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Court upholds fraud conviction against My Big Coin founder

The Court of Appeal upheld the fraud conviction of Randall Crater, who founded cryptocurrency project My Big Coin, and was sentenced to more than eight years in prison.

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Frax Finance plans to announce proposed revenue distribution within 10 days

Sam Kazemian, founder of Frax Finance, a hybrid algorithmic stablecoin protocol, said that he is considering resuming the payment of rewards to token stakers within the next two weeks. The announcement of the proposed revenue distribution package will be completed within 10 days.
According to previous news, the core team of Frax Finance is considering a new proposal that aims to share the protocol revenue with its veFXS token holders. The move would mimic a similar proposal by decentralized exchange Uniswap last week.

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The number of grayscale GBTC shares in circulation fell below 500 million

Grayscale officially updated GBTC holdings data. As of February 26, local time, GBTC Bitcoin holdings dropped to 444,466.2191 BTC, asset management scale (non-GAAP) rose to $24,214,128,487.78, and the number of circulating shares fell below 500 million. , currently touching 497,960,100 shares, each holding approximately 0.00089257 BTC.

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Paxos Treasury transferred more than 10 million PYUSD to the wallet starting with "0x264b" 2 hours ago

According to on-chain data tracking service Whale Alert, at around 5:49 on February 27, Beijing time, Paxos Treasury transferred 10,241,424 PYUSD to a wallet starting with "0x264b", worth approximately US$10,236,764.

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Bloomberg Analyst: ETF inflows worth $403 million in Bitcoin today

Data compiled by Bloomberg analyst James Seyffart show that in addition to IBIT, BTCO and BRRR, ETFs today saw $403 million worth of Bitcoin inflows, and the daily flow record for U.S. spot ETFs was $655 million on the first day. This was followed by February 13, when they saw an inflow of $631 million. (All figures are net traffic). If IBIT can shine today, it could surpass its first-day record.

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The three giant whales have recently accumulated a total of 20,632 ETH holdings

Whales are currently accumulating ETH, with 0x8B94 withdrawing and staking 14,632 ETH ($45.5 million) from Binance in the past 6 days. In the past 2 days, 2 new whale wallets have withdrawn 6,000 ETH ($18.7 million) from Kraken.

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Lista DAO: The website is currently under maintenance and will be online and resume normal activities within 24 hours

Lista DAO, the BSC ecological stable currency project, said on social media that our website is currently under maintenance and we will go online and resume normal activities within 24 hours.

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Sui Wins AIBC Eurasia Awards for '2024 Blockchain Solution of the Year'

On February 27th, during the second edition of the AIBC Eurasia Conference held in Dubai, Sui was awarded the "2024 Blockchain Solution of the Year" at the Eurasia Awards. Other nominees included Near Protocol and 1inch Network. The AIBC Eurasia Awards feature various categories, each focusing on outstanding contributions in the blockchain and gaming industries. Other notable awards include "Annual Web3 Game Leader," "Annual Crypto/Web3 Media," and "Best Metaverse Project of 2024."

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Key Midday Updates on February 27th

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BCH breaks through $300

According to financial reports, the market situation shows that BCH exceeded US$300 and is now trading at US$302.92, with an intraday increase of 13.7%. The market fluctuates greatly, so please control risks.

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Tencent applies for blockchain transaction packaging patent

Financial reports, according to an announcement from the State Intellectual Property Office, Tencent Technology (Shenzhen) Co., Ltd. applied for a project called "Blockchain transaction packaging methods, devices, equipment, storage media and program products", public number CN117609361A, application date is 2023 October. The patent abstract shows that embodiments of this application disclose a blockchain transaction packaging method, device, equipment, storage medium and program product.

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