Search results for "THE"

During the Middle East conflict, the "Trump Israel Gold Coin" collection took advantage of the situation for marketing.

Gate News bot message, according to Bloomberg, this email appeared in the inbox on Monday, during a tense period before Donald Trump announced a ceasefire between Israel and Iran after the US attacked Iranian nuclear facilities. The email content is: Purchase the 'Trump Coin Israel Edition' collectible.
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Metaplanet, The Blockchain Group raised $515 million and $4.8 million respectively to increase their BTC holdings

Gate News bot reported, according to CoinDesk, Metaplanet Inc (3350) and The Blockchain Group (ALTBG) have both conducted large-scale equity financing as part of their initiative to accumulate BTC for financial purposes. Metaplanet announced the exercise of the 20th round of stock subscription rights under the recently announced '5.55 billion plan', raising 74.9 billion yen (approximately $515 million) in a single day. On Wednesday, the company exercised 540,000 shares of subscription rights, issuing 54 million new shares, accounting for 29% of the total subscription rights issuance.
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Solana Financial Corporation Decentralized Finance Dev Corp has launched the Dogwifhat validator, planning to share WIF stake rewards with the community

Gate News bot message, according to The Block, Solana financial company Decentralized Finance Development Corporation (stock code: DFDV) is launching Dogwifhat validator Node on Solana Blockchain, collaborating with the memecoin community to share rewards.
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Grayscale launches Space and Time (SXT) trust accomplice

PANews 25th June news, according to The Block, the investment platform for digital assets, Grayscale, launched the Grayscale Space and Time Trust on Tuesday, which is a new investment vehicles providing investors with exposure to Space and
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alt season "sell zone" may be coming! Analyst: Bear Market trap is about to end, momentum is rising, layout early

Gate News, Cryptocurrency analyst Merlijn The Trader stated that the Altcoin Bear Market trap has officially ended, marking the beginning of a potential altcoin bull run. He compared it to historical markets, pointing out a similar breakout structure in 2017, with momentum patterns echoing the strong 2021 Bull Market.
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Korea's largest bank, Kookmin Bank, applies for the Stable Coin trademark in preparation for the alliance of the eight major banks

Gate News bot message, South Korea's largest bank KB Kookmin has submitted a trademark application related to Stable Coin, which is in line with South Korea's continuous efforts to establish a legal basis for promoting Stable Coin linked to this coin. According to the Korean Intellectual Property Office (KIPRIS), Kookmin Bank submitted 17 trademark applications on Monday and Tuesday, with application codes KBKRW, KRWKB, KBST, and KRWST.
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The Blockchain Group raised about €4.1 million to support its Bitcoin financial policy

Golden Finance reported that The Blockchain Group announced an increase in capital on June 23, 2025, in accordance with Resolution No. 12 of the company's shareholders' meeting, raising a total of 4,071,368.65 euros (including share premium) through the issuance of 800,690 new ordinary shares. This funding will be used to advance the strategic plan of the BTC Financial Company. The company currently holds a total of 1,728 BTC, with a total purchase value of approximately 155.8 million euros based on an average price of around 90,155 euros per BTC.
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BTC price prediction: Ceasefire in Iraq, institutional demand, and The Federal Reserve (FED) encryption-friendly stance help BTC to challenge ATH

Gate News, following a 4.3% rise the day before, the price of Bitcoin (BTC) stabilized above $105,000 on Tuesday when this article was written (latest market data shows BTC at $106,405, up 1.0% in 24 hours). This rebound comes as global risk sentiment improves after the ceasefire between Iran and Israel, and The Federal Reserve (FED) announced a more relaxed stance on cryptocurrency-related banking operations on Monday. In addition to this risk appetite, institutional demand remains strong, with BTC being added to corporate reserves, and new ETF inflows into exchanges, indicating further price pump for BTC.
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Cloud accounting research company Xero acquires Melio for $2.5 billion

Gate News bot message, according to THE INFORMATION, Xero acquired accounting startup Melio for $2.5 billion, 38% lower than its highest valuation in 2021.
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The bank for international settlements believes that stablecoins have not passed the "three key tests".

According to Gate News bot, a report released by the bank for international settlements (BIS) on Tuesday claimed that digital assets pegged to fiat currencies failed to pass the "three key tests" that would make them a pillar of the monetary system: singularity, resilience, and integrity.
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Decentralized Finance Dev Corp will launch WIF validators Node, stake rewards will be shared with the community

OdailyOdailyDaily News Solana The Decentralized Finance Development Corporation (DFDV) announced that it will launch WIF (Dogwifhat) validatorsNode on Solana, and the stake rewards, MEV, and other validators rewards will be shared proportionally with the WIF community after deducting operating costs. This measure is part of its strategy to expand the 'per-share SOL holding' by establishing Node Validators and continuously purchasing SOL and participating in stake operations.(The
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Bitcoin's dominance has now risen to 62%

PANews reported on June 25th that, according to The Block, BTC's dominance, after significantly dropping to 59% in May, has now risen to 62%. The rise in BTC's dominance indicates that funds are still favoring BTC over smaller digital assets, which may delay the broader AltCoinrise trend. The rebound in dominance reflects the growing divergence in investment patterns of Cryptocurrency, with increasing follow from Wall Street. While Cryptocurrency is becoming more popular in traditional Financial Institutions, unlike BTC, Altcoins have not experienced a similar institutional frenzy. This preference for Cryptocurrency-related stocks may dampen investors' interest in Altcoins.
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Listed company Decentralized Finance Dev Corp launches Dogwifhat verification Node, planning to share WIF stake rewards with the community

PANews reported on June 25th that Decentralized Finance Development Corporation, a Nasdaq-listed company with strategic reserves in Solana, announced the launch of Dogwifhat (WIF) verification Node, reaching a profit-sharing protocol with the Memecoin community. Both parties will share stake income, MEV, and other validators' rewards after deducting operating expenses. Parker White, Chief Investment Officer and Chief Operating Officer of Decentralized Finance Dev Corp, said, "In the short term, we will support the Dogwifhat community by operating Solana validators; in the long run, we plan to further expand our cooperation on this basis. We have not yet publicly shared the profit-sharing ratio, but both parties will share a portion of the income after deducting costs."
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Polymarket will complete a nearly $200 million financing round, with a valuation exceeding $1 billion

Gate News bot message, according to The Information, Polymarket is about to complete a nearly $200 million financing, with a valuation of over $1 billion.
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Mastercard uses Chainlink to provide on-chain Fiat Currency to Cryptocurrency exchange services for cardholders

Gate News bot message, according to The Block, in recent years, Visa and Mastercard have announced multiple partnerships aimed at making it easier for consumers to use Cryptocurrency. On Tuesday, Chainlink announced a collaboration with Mastercard to make it easier for users to purchase Cryptocurrency with their cards, enabling direct, Compliance, and fully on-chain Fiat Currency to Cryptocurrency transactions.
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"SOL version of MicroStrategy" Decentralized Finance Development Corp launches WIF verification Node, plans to share SOL stake rewards

Gate News bot news, according to The Block, Decentralized Finance Development Corp, also known as Janover, which is referred to as "SOL version of MicroStrategy", announced the launch of WIF verification Node. The company plans to share the WIF stake income and other verification rewards generated by operating the Node with the community.
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Foreign media: OpenAI is introducing document collaboration features to ChatGPT

PANews reported on June 24 that according to The Information: OpenAI is introducing document collaboration features for ChatGPT.
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The cause of the explosion in the Syrian capital is unknown for the time being

On June 24, according to Reuters reporters and witnesses, a huge explosion was heard in Damascus, the capital of Syria, and smoke could be seen rising on the western edge of the city. But the cause of the explosion is not yet known.
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Shares of Solana Treasury company Upexi plunged 60% as investors sold 43 million shares

Shares of Solana Treasury Inc. Upexi (UPXI) plunged about 60% at the open on Tuesday, falling below $4 and are now trading at $3.82. The reason was that investors registered to sell 43.85 million shares, an amount equivalent to the company's initial outstanding shares in April. Upexi previously raised $100 million to build the Solana treasury and currently holds 679,677 SOL tokens. Although investment bank Cantor Fitzgerald gave the company a $16 price target and was bullish on Solana's growth potential as a treasury asset, the massive stock supply shock caused the stock price to fall sharply. (The
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As the one-year anniversary approaches, the cumulative net inflow of the US Spot Ethereum ETF has exceeded $4 billion.

According to Gate News bot and data compiled by The Block, since its launch on July 23, 2024, the cumulative net inflow of the U.S. Spot Ethereum (ETH) exchange-traded fund (ETF) has exceeded $4 billion as of Monday.
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The Smarter Web Company increased its holdings by 196.9 Bitcoins, bringing the total holdings to 543.52 Bitcoins.

According to Gate News bot, the official announcement from the London-listed technology company The Smarter Web Company states that it has increased its holdings by 196.9 Bitcoins, with an average purchase price of $10,389. The company's total holdings now amount to 543.52 Bitcoins.
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Public company The Smarter Web Company increased its holdings of 196.9 Bitcoins, bringing the total holdings to 543.52 Bitcoins.

PANews, June 24th news, according to the official announcement, the London-listed technology company The Smarter Web Company announced an increase of 196.9 Bitcoins, with an average purchase price of 10,389 USD. The company's total holdings now reach 543.52 Bitcoins.
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Stablecoins have become a new national initiative in South Korea.

According to Gate News bot, The Block reports that as the United States rapidly advances stablecoin legislation, South Korea has made cryptocurrency pegged to the currency its latest economic focus.
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Gate derivatives trading volume rose nearly 70% month-on-month, ranking first in the world.

Gate News bot message, the latest report from CoinDesk titled "2025 Exchange Assessment" once again showcases Gate's strong momentum and competitive advantage in the Crypto Assets trading field. This report is recognized as one of the most authoritative and data-driven assessment reports in the industry, and Gate has been rated as the best-performing derivatives trading exchange based on month-on-month growth.
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The geopolitical and NBA open contract volumes on Polymarket have surged.

According to Gate News bot, as reported by The Block, the prediction markets on Polymarket related to the recent global tensions and geopolitical conflicts have seen a significant surge in open interest (OI), with the Iran-related market leading the rise last week.
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After Trump announced a ceasefire between Iran and Israel, Bitcoin and Ether rose; analysts say the focus has shifted to macro clues.

Gate News bot news, following U.S. President Donald Trump's announcement that Iran and Israel have agreed to a ceasefire, the prices of Bitcoin, Ethereum, and other major Crypto Assets surged significantly on Monday evening.
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The number of open contracts in the geopolitical and NBA entertainment markets on Polymarket has surged.

BlockBeats News: On June 24, The Block reported that the forecast market on Polymarket, especially those related to recent global tensions and geopolitical conflicts, saw a significant surge in the number of open interest (OI), with Iran-related markets leading the rally last week. In addition, Polymarket saw less than half of its all-time high in the number of monthly active traders and trading volume, while the number of new market creations also fell by 23%. However, the platform's increasing diversification of market variety, as reflected in the composition of open interest, suggests a shift away from betting on things like the U.S. election to more broad, event-driven speculation.
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The publicly traded company The Blockchain Group increased its holdings by 75 Bitcoins for approximately 6.9 million euros.

PANews, June 24 – According to an official announcement, European listed company The Blockchain Group has confirmed that the previously announced ATM-style capital increase plan with TOBAM, which was announced on June 17, has been completed. The total capital increase amount is approximately 7.2 million euros, and this funding was used to purchase 75 Bitcoins at a price of approximately 6.9 million euros. The company currently holds a total of 1,728 Bitcoins, with an average price of approximately 90,155 euros per Bitcoin, resulting in a total purchase value of approximately 155.8 million euros.
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The encryption venture capital fund Frachtis has completed fundraising of 20 million USD.

The new encryption venture capital fund Frachtis was established by a former executive team from Chorus One, focusing on the intersection of Blockchain and artificial intelligence. It has raised $20 million, with investment projects including Hyve, Turtle.Club, and others.
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The newly established encryption venture capital fund Frachtis has completed a fundraising of $20 million.

PANews June 23 news, according to The Block, the former Chorus One executive team has established a new encryption venture capital fund, Frachtis, focused on the intersection of Blockchain and artificial intelligence, and has completed a $20 million fundraising. Frachtis will invest in decentralized infrastructure, middleware, and consumer applications, and has currently laid out eight projects including Hyve, Turtle.Club, and Bless network. The fund's limited partners include Chorus One, cyber•Fund, RockawayX, and Theta Blockchain.
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Anthony Pompliano announced the establishment of ProCap Financial, planning to purchase $1 billion Bitcoin.

Gate News bot News, Crypto Assets KOL and investor Anthony Pompliano stated on Monday that the "Bitcoin native Financial Service company" ProCap has merged with Columbus Circle Capital Corp. (stock code: CCCM) to form ProCap Financial, which plans to acquire up to 1 billion USD worth of Bitcoin. According to a statement, the company raised 516.5 million USD through equity issuance and raised 235 million USD through issuance of Convertible Bonds.
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Anchorage Digital integrates Uniswap Labs Trading API to provide better Decentralized Finance liquidity for institutional users.

Gate News bot message, encryption financial company Anchorage Digital has integrated the Uniswap Labs trading API, allowing its institutional users to more easily access the liquidity of the decentralized exchange (DEX) Uniswap.
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The cumulative trading volume of the US Spot Bitcoin ETF has surpassed the $1 trillion mark.

Since its launch in January 2024, the US Spot Bitcoin ETF has accumulated a Trading Volume exceeding $1 trillion, with the BlackRock IBIT fund accounting for 79% market share, and a daily Trading Volume ranging between $2.3 billion and $4.4 billion. The Spot Ethereum ETF has recorded a Trading Volume of $83.4 billion since its launch in July 2024. The Bitcoin ETF's Assets Under Management surpasses $120 billion.
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OpenAI: It is expected that by 2030, annual revenue from ChatGPT enterprise clients will approach $15 billion.

Gate News bot reports that according to The Information, OpenAI expects that by 2030, annual revenue from ChatGPT enterprise clients will approach $15 billion.
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Self Chain announced the removal of founder Ravindra Kumar from his position as CEO.

Self Chain announced the removal of founder Ravindra Kumar from the CEO position due to his alleged involvement in a $50 million OTC Trading fraud scheme. The eyeglass has been selling low-priced Tokens since last November and has evolved into a Ponzi structure. Kumar denies the allegations, and the project party has severed ties with him.
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Self Chain CEO has been dismissed for allegedly participating in a $50 million Crypto Assets OTC Trading fraud.

According to a message from ChainCatcher, The Block reported that the blockchain project Self Chain has removed founder Ravindra Kumar from the position of CEO, after users accused him of orchestrating a fraud scheme that lasted for several months and involved more than $50 million. Self Chain issued a statement announcing a "decisive leadership change" following allegations that Kumar was involved in off-exchange trading fraud. Previously, Kumar denied all allegations, stating that they are "completely false" and that his lawyer will respond.
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Self Chain CEO has been dismissed for allegedly participating in a $50 million Crypto Assets OTC Trading fraud.

The blockchain project Self Chain dismissed founder Ravindra Kumar from his position as CEO on June 23, due to his alleged involvement in a fraud scheme involving more than $50 million. Self Chain announced a leadership change, while Kumar denied all accusations and stated that he would respond through his lawyer.
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KakaoPay's stock price rose over 200% this month, and the stablecoin patent layout has sparked market discussions.

KakaoPay's stock price has risen over 200% in the past month, benefiting from expectations of its entry into the stablecoin space. The company has submitted six stablecoin patent applications covering multiple service areas while following policy dynamics to address potential regulatory changes.
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Is the PI coin possibly at a low point? The founder of the Pi Network project explains the reasons for the price fall.

According to Gate News, Coindoo reported that the price of Pi Network (PI) has been hovering near recent lows, raising concerns among the community. Dr. Nicolas Kokkalis, co-founder of Pi Network, stepped forward to explain the current market situation and reassure users about the project's long-term vision. His insights clarify the reasons why the price of PI coin may currently be at a low point and provide a perspective on its future trends.
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Driven by the trend of stablecoin, the stock price of KakaoPay in South Korea has soared by 200% in the past month.

According to Gate News bot and reported by The Block, the stock price of South Korean mobile payment service giant KakaoPay has risen by over 200% in the past month, as people increasingly expect that this giant will enter the stablecoin-related field in the near future. The company is a subsidiary of Kakao, one of South Korea's largest internet groups.
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The scammer executed a meticulously planned cash robbery, resulting in a loss of $780,837 for the bank.

Gate News bot reports that according to The Daily Hodl, the U.S. Department of Justice (DOJ) stated in a new press release that a 25-year-old man from the Bronx, Oliver Tejada, was sentenced to 60 months in prison for orchestrating the theft of cash from 11 different bank branches, 10 of which are located in the Eastern District of Pennsylvania.
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Conflicts have led to fluctuations in Bitcoin prices, and Bitcoin (BTC) holders are criticizing sellers.

Gate News bot news, after the U.S. launched airstrikes against Iran on Saturday and reports surfaced that the Iranian parliament approved a plan to close the Strait of Hormuz the next day, Bitcoin (BTC) prices fell. Over the past two weeks, as tensions between Israel and Iran escalated, BTC did not become the safe haven that many expected.
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After the US attacked Iran, BTC fell below $100,000, and the crypto market saw over $1 billion in liquidations within 24 hours.

According to Gate News bot, as reported by The Block, after the United States launched three military strikes against Iran last Saturday evening, the cryptocurrency market experienced a big dump, with alts suffering particularly severe impacts, setting the stage for market fluctuations when the international market opens on Monday. US President Donald Trump announced the strikes last Saturday evening, claiming they were "very successful" against three of Iran's nuclear development facilities. On Sunday, Trump stated on his social media platform Truth Social that he might support a regime change in Iran. According to publicly aggregated data from Coinglass, over $1 billion in cryptocurrency positions were liquidated within 24 hours following the announcement of the strikes, with most liquidations involving long positions.
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FTX's lawyer claims that 3AC's $1.5 billion claim is "illogical" and should be dismissed.

Gate News bot news, three months ago, a judge in the Delaware bankruptcy court allowed the defunct trading company Three Arrows Capital (3AC) to increase its claim amount against the FTX bankruptcy estate from $120 million to $1.5 billion. However, FTX's lawyers argued last Friday that the trading company's claims should be "entirely dismissed," stating that 3AC's losses were self-inflicted.
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FTX lawyers request to dismiss 3AC's claim, stating it is "illogical".

FTX's lawyers have requested the court to dismiss the $1.53 billion claim filed by Three Arrows Capital, arguing that it lacks a logical basis and stating that FTX should not be held responsible for 3AC's trading losses. 3AC must respond by July 11, and the hearing is scheduled for August 12.
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FTX's lawyers claim that Three Arrows Capital's $1.5 billion claim is "unreasonable" and should be dismissed.

PANews reported on June 23 that according to The Block, FTX's bankruptcy administrator lawyers recently objected to the $1.53 billion claim filed by Three Arrows Capital (3AC) and asked the court to dismiss it in full. The lawyer said that 3AC's losses were caused by market volatility and its own divestment, and had nothing to do with FTX. In March, the bankruptcy court allowed 3AC to increase its claims from $120 million to $1.53 billion. In November 2024, 3AC claimed that FTX sold $1.5 billion worth of assets two weeks before it initiated liquidation, citing the discovery of new evidence. However, FTX lawyers countered that the claim was based on unreasonable premises, inaccurate data and disregard of facts. FTX pointed out that after the Terra crash in June 2022, the 3AC account balance was less than $240 million, but it did not make up the margin and withdrew $18 million ETH. FTX then liquidated $820 million in assets
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The Iranian parliament has approved the closure of the Hormuz Strait.

Market news: Iran's parliament approves the closure of the Strait of Hormuz, but the top security apparatus needs to make a final decision on the measure.
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A 19-year-old man suspected of a $245 million Bitcoin theft case was detained again after being released on bail due to being found involved in a $2 million fraud case.

PANews, June 22 - According to The Block, a 19-year-old man from Danbury, Connecticut has pleaded guilty to conspiracy to commit fraud and money laundering, related to a widely known theft case in August 2024, which involved the theft of $245 million in Bitcoin from a Genesis creditor. However, the latest court documents reveal that after agreeing to cooperate with the police and testify against his co-defendant, the police uncovered an additional $2 million theft case, leading to his re-arrest after being released on bail.
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Animoca Brands has partnered with the blockchain game Cross The Ages to purchase CTA Tokens from the public market.

Gate News bot message, Animoca Brands announces a strategic partnership with Cross The Ages, which is a cross-media ecosystem based on fantasy and science fiction themes and utilizes Blockchain technology. Animoca Brands has begun acquiring additional CTA Tokens from the open market to support Cross the Ages' cross-media and blockchain-native IP building approach.
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Glassnode: Bitcoin on-chain activity is nearly stagnant, with whale transactions accounting for 90%.

According to the Gate News bot and a report from The Block, the price of Bitcoin may hold above $100,000, but network activity has been unusually quiet, with recent transaction counts falling to their lowest level since October 2023. Glassnode's on-chain analysts indicate that the decline in transaction counts is largely due to a sharp drop in non-monetary activities, such as inscriptions and runes, which had driven usage metrics up last year. Currently, the average daily settlement amount on the Bitcoin blockchain is $7.5 billion, having peaked at $16 billion when it first broke the historical high of $100,000 in November. The average transaction amount is currently $36,200, with transactions over $100,000 accounting for 89% of the total transaction volume, up from 66% at the end of 2022. In contrast, according to Glassnode's data, the proportion of transactions involving $100,000 or less has dropped from 34% to just 11%.
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