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Airdrops in 2024 generally performed poorly, with most failing within 15 days and 88% of tokens losing value within a few months despite initially surging prices.
Bitcoin has experienced a decline today, falling below $64,000, despite recently breaking above $66,000.
Daily revenue on Pump.fun reached $1.1 million on Saturday.The following is an excerpt from The Block’s Data and Insights newsletter.
Bitcoin’s price dropped by over 3% in the past 24 hours amid a “long squeeze” in the perpetual futures market, according to CryptoQuant data.The crypto market downturn coincided with growing caution in global equities as investors brace for potential interest rate hikes from the Bank of Japan that could impact overall risk sentiment.
- 11:06Standard Chartered Bank Analyst: Investors should buy Bitcoin at a low price when it is affected by geopolitical factorsGeoff Kendrick, the Global Head of Digital Asset Research at Standard Chartered Bank, stated that although risks in the Middle East could lead to a drop in Bitcoin prices, investors should see it as a buying opportunity due to Donald Trump's increasing chances of winning the U.S. presidential election.
- 11:03The Copper hot wallet marked address transferred 1087 BTC to CEX, worth 65.52 million US dollarsAccording to Arkham monitoring, about 27 minutes ago, the Copper hot wallet marked address transferred 1087 BTC to the CEX hot wallet, worth 65.52 million US dollars.
- 11:01Research: Nearly half of U.S. voters value stance on cryptocurrency, Trump is seen as more savvyA study by Consensys and Harrisx found that nearly half of American voters support policies favoring cryptocurrencies, and are willing to cross party lines for candidates who support cryptocurrencies. The research shows that 85% of respondents hope presidential candidates will take a stance in favor of cryptocurrencies, indicating voters' strong interest in this issue.
