AI Summary
Show More
Quickly grasp the article's content and gauge market sentiment in just 30 seconds!
Last week, the SPX index was up by 4.02%, the gains were driven by market optimism, despite a typically weak September, with speculation about a potential 50 basis point rate cut. Currently, the chances for either a quarter- or half-point cut are evenly split. Investors also await August retail sales data and earnings reports later this week. Coindesk Indices, an index measuring broader cryptocurrency market performance was down by 3.64%, with Bitcoin and Ether dropping by 1.24% and 1.96%, respectively in the past 24 hours.
Today's top performer is CKB, which surged 12.8% following the launch of Fiber Network, a scalable and low-cost lightning solution for Nervos CKB.
Nervos Network (CKB), launched on November 2019, is a blockchain network featuring the Common Knowledge Base (CKB) for Layer 1 security and flexibility, utilizing Proof-of-Work consensus. It supports interoperability with various blockchain layers and allows developers to build decentralized applications with account abstraction at the protocol level. Fiber Network on Nervos CKB is a lightning network for scalable, low-cost, fast multi-token payments. Inspired by Bitcoin's Lightning Network, it uses off-chain channels and on-chain contracts for efficiency, with cross-chain functionality already developed. Upcoming features include multi-hop routing and enhanced privacy, leading to a testing phase soon.
Check Out the Latest Prices, Charts, and Data of CKBUSDT Perp!
Ride-hailing app Tada has integrated TON crypto payments, allowing users in Singapore to pay for rides with Toncoin and USDT through a new Telegram Mini App. This collaboration aims to accelerate Web3 adoption by combining ride-hailing, social media, and crypto payments. Tada operates in Singapore, Thailand, Vietnam, and Cambodia, with plans to expand into Hong Kong in 2024. The partnership promotes Web3 solutions by offering free rides and discounts at the upcoming Token2049 event, encouraging users to experience the benefits of cryptocurrency payments.
Date | GBTC (M USD) | Non-GBTC (M USD) | Total (M USD) |
09 September 2024 | (22.8) | 51.4 | 28.6 |
10 September 2024 | 0.0 | 117.0 | 117.0 |
11 September 2024 | (4.6) | (39.3) | (43.9) |
12 September 2024 | (6.5) | 45.6 | 39.0 |
13 September 2024 | 6.7 | 256.5 | 263.2 |
Total (weekly): | (27.3) | 431.1 | 403.9 |
Current Total (from inception): | (20,040) | 37,341 | 17,301 |
From September 9 to 13, 2024, total BTC Spot ETF flows amounted to $403.9 million, with non-GBTC inflows at $431.1 million and GBTC outflows at $27.3 million. The overall cumulative total for BTC Spot ETF investments is now $17.3 billion, with GBTC at -$20.04 billion and non-GBTC at $37.34 billion.
Catizen's airdrop withdrawal is now live, with deposits available through the airdrop logo link. They have adjusted their reward distribution method by reducing the weight of $vKitty profits and focusing on genuine player activities like on-chain interactions and task completions. However, the airdrop supply is now 15%, significantly lower than the promised 43%.