Rhythm Evening News｜BAYC series NFT floor price fell below 12 ETH; Bitcoin miner income exceeded US$2 billion in March, hitting a record high

Selected news:

1. ENA, LINK, and MNT rank at the top of Smart Money’s 24-hour inflow list;

2. Data: Bitcoin miners’ income breaks through in March US$2 billion hits a record high;

3. Binance Inscription Market has integrated Atomics (ARC-20) tokens;

4. Cross-chain exchange protocol Gasp is valued at US$80 million Completed US$5 million in financing, with participation from Cluster Capital and others;

5. The floor price of BAYC series NFT fell below 12 ETH, a drop of 10.96% in the past 7 days

Price Watch

BAYC series NFT floor price fell below 12 ETH, a drop of 10.96% in the past 7 days

On April 3, according to Blur data, BAYC series NFT floor price fell below 12 ETH , the current price is 11.79 ETH, a decrease of 10.96% in the past 7 days, and the trading volume in the past 7 days has reached 5815.35 ETH.

ENA up Hitting $0.94, a 24-hour increase of 63%

On April 3, according to market data, ENA rose to a touch of $0.94, and is now quoted at $0.9, with a 24-hour increase of 63%.

OGN Breakthrough $0.23, up over 16% in 24 hours

On April 3, according to market data, OGN broke through $0.23 and is now quoted at $0.232, up over 16% in 24 hours. As previously reported, Origin proposed to merge OGN and OGV and will launch native LST on other EVM-compatible chains.

Transaction Tracking

Fenbushi Capital withdrew 5,207 ETH from Binance 15 hours ago, equivalent to approximately US$17.2 million

On April 3, according to Scopescan monitoring , 15 hours ago, Fenbushi Capital withdrew 5,207 ETH ($17.2 million) from Binance.

Some whale In the past 2 hours, 1.16 million UNI was transferred to Binance, equivalent to approximately 12.9 million US dollars

On April 3, according to Spot On Chain monitoring, in the past 2 hours, whale 0x1c6 transferred 1.16 million UNI UNI ($12.9 million) transferred to Binance. The whale bought 1.53 million UNI at an average price of about $6.46 and sold 1.41 million UNI at an average price of about $11.05. Current holdings: 121,000 UNI ($1.3 million). Total profit was $6.99 million (+71%).

ENA、 LINK and MNT rank at the top of Smart Money’s 24-hour inflow list

On April 3, according to Nansen 2 data, Smart Money’s 24-hour fund inflow tracking list on the Ethereum network is as follows:

ENA: approximately US$4.13 million, currently quoted at US$0.88, with a 4-hour increase of 14%;

LINK: approximately US$2.53 million, currently quoted at US$18.18, with a 24-hour increase of 2.96%;

MNT: approximately US$2.29 million, currently quoted at US$1.25, with a 24-hour increase of 5.57%.

A whale deposited 22,695 ETH to Coinbase 2 minutes ago, equivalent to 74.91 million US dollars

On April 3, according to The Data Nerd, 2 minutes ago, the whale 0xe43 deposited 22,695 ETH (74.91 million US dollars) to Coinbase. A week ago, the whale bought at an average price of 3,562 US dollars. If it is sold at the current price, the loss will reach 5.94 million US dollars.

Project Dynamics

Wormhole ($W) global launch will be held in Backpack's official live studio at 19:10 today

On April 3, according to official news, Wormhole ($W) global launch will be held in Backpack's official live studio at 19:10 Beijing time today. At that time, its official social media accounts in various languages and the global community matrix will initiate online exchanges and parties for users in 6 language regions including English, Chinese, Vietnamese, and Russian to welcome the grand launch of W. Wormhole airdrop will be available for collection at 19:30 on April 3. Backpack plug-in wallet has launched the W airdrop query and claim function. Users can enter the claim page in the wallet banner after W is open for claiming. At the same time, the Backpack trading platform will open W trading at 20:00 on April 3.

Aethir: Node holders will receive NFT node licenses within two weeks, and the mainnet will be launched in the second quarter of 2024

On April 3, the decentralized GPU cloud infrastructure Aethir officially posted on social media that Aethir node holders will receive NFT node licenses within two weeks, which will be airdropped by Aethir to the registered wallet address of the holder. The mainnet will be launched in the second quarter of 2024, and these NFTs will allow holders to set up and run Aethir nodes after the launch. To ensure decentralization, even the lowest-end machines can successfully support the daily operation of the Aethir Checker node. Holders can also choose to run the node through a VPS service. By running the node, the node holder is eligible for rewards.

Binance Inscription Market has integrated Atomicals (ARC-20) tokens

On April 3, according to official news, Binance Inscription Market has integrated Atomicals (ARC-20) tokens. Binance Web3 wallet now supports ARC-20 tokens, BRC-20 tokens and other inscription tokens.

DeMR releases Q2 roadmap: will launch DMR buyback and joint airdrop plans

On April 3, Solana ecosystem DePIN project DeMR released the project's second quarter roadmap on social media (with a picture of the long-term roadmap), including: · Strategic partnership with leading GPU computing providers. · Launch a new liquidity trading platform to enhance token liquidity. · Launch DMR Genesis City Land NFT and DMR buyback plan. · Establish partnerships with many GameFi, MR, and SocialFi projects, and conduct joint airdrops. · Launch MR City Explore.

TON Ecological Meme Project Notcoin will release the token NOT on April 20

On April 3, TON Ecological Meme Project Notcoin announced on social platforms that it will release the token NOT on April 20. It also stated that users can obtain wNOT on Shardify and exchange it for NOT after TGE. It is reported that 35,197,397 people have participated in Notcoin mining in the past 3 months.

Wormhole announces roadmap: W will become a native multi-chain token and introduce a multi-chain governance system

On April 3, according to the official announcement, Wormhole announced a roadmap stating that W will become a native multi-chain token, taking advantage of the unique advantages of Solana and EVM chains, while introducing a multi-chain governance system. Plans for W include: Initially launching as the native SPL token on Solana; Scaling on the EVM chain using Wormhole Native Token Transfer (NTT); W holders will be able to lock and delegate their tokens on Solana and the EVM chain currency. Wormhole DAO is composed of W token holders and will be operated through a multi-chain governance system. The system will be available on Solana, Ethereum mainnet, and EVM L2 at launch. Multi-chain governance will allow token holders to create, vote and execute governance proposals across different chains.

Opinion data

Reflexivity Research: The continued issuance of stablecoins shows that capital is still flowing into the crypto market

On April 3, data showed that, Since Bitcoin hit a record high on March 14, although the price of the currency has fallen, the top three stablecoins Tether (USDT), USD Coin (USDC) and DAI (DAI), which account for more than 90% of the stablecoin market, have The cumulative supply increased by 2.1% to $141.42 billion, reaching the highest level since May 2022. A total of more than US$20 billion has been issued this year. Reflexivity Research said in a newsletter on April 2: "As stablecoin supply continues to rise, this indicates that capital continues to flow into the cryptocurrency market."

Data: Bitcoin miner revenue exceeded $2 billion in March, hitting a record high

On April 3, according to data from The Block, Bitcoin miners’ income reached US$2.01 billion in March, setting a record high.

ETH/BTC exchange rate continued to decline and fell below 0.05

On April 3, according to OKX market data, the ETH/BTC exchange rate continued to decline to 0.04999, a 24-hour drop of 0.87%.

Ethereum liquidity re-pledge protocol TVL exceeds 8 billion US dollars

On April 3, according to DeFiLlama data, the Ethereum liquidity re-pledge protocol TVL is currently 8.108 billion US dollars, of which the top three protocols in TVL are:

· ether.fi TVL is 3.253 billion US dollars, with a 7-day increase of 4.22%;

· Renzo TVL is 2.174 billion US dollars, with a 7-day increase of 24.84%;

· Puffer Finance TVL is 1.223 billion US dollars, with a 7-day decrease of 9.15%.

In the past 24 hours, the entire network has a liquidation of 348 million US dollars, mainly long orders

On April 3, according to Coinglass data, the entire network has a liquidation of 348 million US dollars in the past 24 hours, of which long orders have a liquidation of 244 million US dollars and short orders have a liquidation of 104 million US dollars.

Financing Express

Cross-chain exchange protocol Gasp completes $5 million financing at a valuation of $80 million, with participation from Cluster Capital and others

On April 3, according to The Block, Mangata Finance, a cross-chain exchange protocol based on EigenLayer, has changed its name to Gasp and announced the completion of a new round of $5 million in private financing, with participation from Polychain Capital, CMS Holdings, Master Ventures, Token Metrics and Cluster Capital. Although there was no lead investor, Cluster Capital contributed the largest share, accounting for 30%. According to sources, this round of financing has brought Gasp's FDV to $80 million.

Legitimate Completes $4.3 Million Seed A round of financing, led by Lemniscap

On April 3, according to Decrypt, Legitimate completed a US$4.3 million seed round of financing. This round of financing was led by Lemniscap, with participation from Draper Associates and Sfermion Factor VC. cast. According to reports, Legitimate can embed a variety of digital content into physical goods through Legitimate’s LGT tags, including exclusive audio and video, text, digital collectibles, mobile applications, and more. To date, brands including Puma, AMBUSH and Roc Nation have leveraged Legitimate’s technology to create unique consumer experiences.

Regulatory News

SEC Commissioner Hester Peirce once again criticized the regulator’s cryptocurrency custody rules

On April 3, according to Cointelegraph, U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce has once again criticized the regulator’s cryptocurrency custody rules while calling for greater interaction with the public. In March 2022, the SEC issued SAB 121, which outlines the regulator’s accounting standards for institutions seeking to custody crypto assets. SAB 121 prohibits many banks from custody of crypto assets on behalf of their customers.

Hester Peirce points out that SAB 121 (issued without the involvement of the banking industry) does not protect investors, but rather puts banks and Broker-dealers are excluded from the cryptocurrency custody business. Additionally, if the custodian becomes insolvent, the assets may be deemed to belong to the insolvent entity rather than to that entity's customers.

Welcome to join the BlockBeats official community

Telegram subscription group: https://t.me/theblockbeats

Telegram group: https://t.me/theblockbeatsApp

Twitter official account: https://twitter.com/BlockBeatsAsia