Lit_horse Crypto

Bitcoin $BTC formed a bullish RSI divergence just before the release of the U.S. CPI.

The U.S. February unadjusted core CPI annual rate is 3.1%, expected 3.20%, previous value 3.30%.

The U.S. February CPI data is significantly below expectations, leading to an increase in the gains of the three major U.S. stock index futures. S&P 500 index futures rose 1.5%, Nasdaq index futures rose 1.8%, and Dow Jones index futures rose 1.2%.
#CPI数据来袭 #加密市场反弹
$XRP $SOL

#币安Alpha上新

Binance Alpha launches a new review mechanism and removes multiple tokens that do not meet the standards

All tokens in the Binance Alpha section are evaluated within this framework:
1. Quantitative indicators: trading volume stability, liquidity depth, on-chain transaction frequency, distribution of token holders, and other relevant indicators.
2. Qualitative criteria: project team credibility, regulatory compliance, ecosystem synergy, community recognition, and other relevant factors.

The following tokens do not meet the standards of the Binance wallet and will be removed from Binance Alpha:
FAI, METAV, MLG, MONKY, PSTAKE, WHALES, GEL, VISTA, EVAN, MIRA, COCO, TAOCAT, FLOCK, OPUS, FREYA, AIXCB, VERTAI, STRDY, SEKOIA, VADER, ELIZA.

Do you see any tokens you hold?

As of now, more than 70 companies have adopted MSTR's strategy, holding Bitcoin as a financial asset. By the end of 2024, publicly traded companies will collectively hold 591,817 BTC.

Bitwise Invest has launched the Bitwise Bitcoin Standard Corporations ETF (OWNB), which aims to track publicly traded companies that hold at least 1,000 Bitcoins. The index follows specific rules: companies must hold at least 1,000 BTC, and the holdings are weighted based on the number of Bitcoins held. The maximum holding limit is set at 20%, while companies with Bitcoin assets below 33% are calculated at a weight of 1.5%. The index is rebalanced quarterly.

https://ownbetf.com/
$BTC

💥 ​Cosmic-level 'Divine Assistance'!​
On the 10th, blockchain dark horse Double Zero's founder Austin (former core figure of Solana) live-streamed on the New York Stock Exchange discussing 'How to Revolutionize the Internet with Optical Fiber', resulting in Twitter crashing! He joked: "This is simply a 'product demonstration' arranged by the universe"🌌—blatantly slapping the existing network bottlenecks in the face, yet making everyone realize:
What Double Zero aims to do is to build a 'light-speed highway' for Web3!​
🔥 ​Key Highlights Overview:​
❶ ​Solana Dream Team at the Helm: Austin leads the team, and top-tier VCs like Jump Crypto and Multicoin have invested $28 million, with the valuation skyrocketing to $600 million;
❷ ​Revolution at the Physical Layer: Integrating global idle optical fibers, innovating the 'Dual Ring Architecture'—the outer ring FPGA chips obliterate junk transactions, while the inner ring optical cables connect directly to nodes, achieving TPS in the millions and reducing latency to 0.5 seconds⚡️;
❸ ​Passive Income Model: Enterprises/individuals contributing dark optical fibers can earn tokens, with Solana validators already testing performance doubling, next step targeting Ethereum, Aptos…
📈 ​Institutional Evaluation:
"This is the ultimate solution for the last mile of blockchain!" —Multicoin Capital
👇 ​In-depth long article prepared: Unveiling how this DePIN dark horse is overturning the Web3 foundation with 'Optical Cables + Protocols'!
🚀 ​Scan to board, see the hardcore logic behind the $400 million valuation>>
https://mp.weixin.qq.com/s/201hFIUo2yy2drLZNDVrTw

The U.S. House of Representatives voted to overturn the IRS DeFi broker rule, which requires crypto entities to collect specific taxpayer and transaction information, a requirement that is difficult for DeFi platforms to implement.

The SEC has postponed the approval of several cryptocurrency spot ETFs, including ADA, SOL, and XRP. The approval of SOLETF will depend on October.
$SOL $ADA $XRP

Strategy holds nearly 500,000 BTC, with new investments at a loss of 3 billion dollars

The tokenized version of Coinbase stock COIN **wbCOIN** is now live on the Base network!

🔗
1:1 supported by COIN stock, freely transferable, and has legal claim rights.
💱
The wbCOIN <> $USDC trading pair is now live on CoWSwap, with liquidity provided by @AerodromeFi.

📈
Coinbase also plans to restart its securities tokenization program in the United States!
#Crypto #tokenfi #Coinbase #Base

The most basic "crypto VC" script is:
1. Raise over 100 million dollars and hype the deal through an exciting narrative;
2. Launch a blockchain;
3. Allocate 50% or more of the tokens to insiders;
4. Create a total supply of over 100 million tokens;
5. Unlock 20% or less of the total supply when the tokens go live;
6. Execute a large-scale paid marketing campaign.

The market crash in February triggered a liquidation of $500 million in ETH. This is the second highest monthly liquidation amount in DeFi history, only behind the $670 million liquidation scale during the market crash in May 2021. These liquidations were mainly concentrated on the two major lending platforms Aave and Compound.

1️⃣ ​**Bitcoin Strategic Reserve Wave Sweeps the United States!**​
More than 20 states are pushing for Bitcoin reserve legislation, covering public fund allocation, tax incentives, and regulatory frameworks. Arizona and Texas are leading the progress, followed closely by Oklahoma and Ohio. 🚀
#Bitcoin #CryptoPolicy #USLegislation
2️⃣ ​Four Steps of Bitcoin Strategic Reserve:​​
Drafting legislative proposals and submitting them to state legislatures for votes in the House and Senate, signing by the governor to become law, designating agencies to execute and establish a regulatory mechanism.
If any step fails, the bill cannot pass! 📜
#BitcoinReserve #LegislativeProcess
3️⃣ ​Progress Update on Leading States:​​
✅ Arizona: The bill has passed the Senate and is submitted to the House for review.
✅ Texas: The bill is submitted for Senate review.
✅ Oklahoma: The bill is in the full House for voting.
✅ Ohio: The bill has passed committee review and is awaiting Senate voting.
#CryptoPolicy #StateLegislation
4️⃣ ​Details on States Facing Obstacles:​​
❌ The Bitcoin reserve bills in Montana, South Dakota, North Dakota, Pennsylvania, and Wyoming have not passed. Reasons for opposition include high volatility and incompatibility with traditional financial systems.
#BitcoinBill #LegislationObstacles
5️⃣ ​Slow Progress at the Federal Level:​​
Senate Banking Committee on Digital Assets Chair Cynthia Lummis stated that the federal Bitcoin reserve program "lacks sufficient support" and is unlikely to be implemented in the short term. In contrast, the state-level legislative process is faster. 🏛️
#FederalLegislation #BitcoinReserve

As of 3/3, the pepper reserves are 2.076 million CHZ, with 14.9258 trillion pepper already staked, and a total of 720 billion pepper has been burned.

1. As of 2/24, a total of 80 trillion $pepper have been destroyed;
2. A total of 14.31 trillion pepper have been staked, with a capital reserve of 178.8 million $CHZ ;

CHZ and Pepper News Summary

1. Pepper has staked 1.43 trillion tokens; funding reserves of 1,724,000,778,313,660.47;
2. Pepper on Defillama;
3. Cointelegraph (news platform) becomes a validator on the Chiliz chain;
4. If the staked amount of Pepper exceeds 1 trillion, 20 trillion tokens will be destroyed daily until March 4;
5. Socios launches staking for fan tokens;

Kraken is exploring developing its own stablecoin. The move is partly due to a competitive gap created by new European regulations that require crypto service providers to delist Tether’s USDT and other unlicensed tokens. The goal is to launch in the third quarter.

October 18 is the critical moment for ETF $XRP to be approved

OpenAI GPT-4.5 is expected to be released as early as next week, and GPT-5 may be launched in late May
Is this going to start another wave of AI?

$WCT estimated FDV is 400 million, total supply is 1 billion, 18.5% of the coins are in circulation (airdrop), current public offering cost is 0.2U, estimated selling price is 0.4U, an account invests 10,000U, estimated oversubscription is 40 times, each account can obtain 1250 WTC, an account can receive about 250U.
However, the current pre-market price is around 0.3U, there is a large amount of selling pressure in the market, and based on the previous situation of BG's launch, the price is not very ideal.

Summary of chiliz chain events:

1. Tether announced an investment in Juventus Football Club, one of the world's most famous football clubs ($JUV );

2. ChlixAI is the first AI-driven platform on Chiliz Chain ($CHZ ), using chz payments to generate ai images;

3. Aston Martin Aramco Formula One Team ($AM) announced a partnership with Coinbase, all payments in cryptocurrency;

4. $pepper pledged to 11.95 trillion;