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05:22

Payment service company <strong>Remitly</strong> will adopt a stablecoin for cross-border payments

BlockBeats News, August 5th, Payment service company Remitly will adopt stablecoin technology to enhance its international remittance capabilities. This move aims to place Remitly at the forefront of financial technology innovation, providing faster, more cost-effective, and secure cross-border paym...
05:22

「Quad-Shorter with 75% ETH Win Rate」 Adds to ETH Short Position, Current Position Size Reaches $127 Million

BlockBeats News, August 5th, according to HyperInsight monitoring, the "Four Battles ETH 75% Win Rate Whale" increased its ETH short position to 35,000 coins (nominal value of about $127 million). Opening price was $3,641.5, liquidation price was $3,805.This whale's short position on ETH has changed...
05:12

Shitcoins Surge Across the Board, ILV Surges Over 75% in 24 Hours

BlockBeats News, August 5th, according to HTX market data, altcoins saw a general rise, including:ILV is currently priced at $22.27, with a 24-hour increase of over 75%;MAGIC is currently priced at $0.265, with a 24-hour increase of over 48%;RARE is currently priced at $0.0648, with a 24-hour increa...
05:12

Thomas Lee: ETH Will Still Be One of the Biggest Macro Trends in the Next 10 to 15 Years

BlockBeats News, August 5th, BitMine Chairman of the Board Thomas Lee tweeted, stating, "BMNR currently holds 833,133 ETH, worth 3 billion US dollars, making it the world's largest ETH treasury and the world's third-largest cryptocurrency treasury."As Wall Street financializes blockchain and artific...
04:42

Yesterday, the US Bitcoin Spot ETF saw a net outflow of $3.235 billion, while the Ethereum ETF experienced a net outflow of $4.651 billion.

BlockBeats News, August 5th, according to Farside data, yesterday the net outflow of the US Spot Bitcoin ETF was $323.5 million, and the net outflow of the Ethereum ETF was $465.1 million, with the net outflow of the Ethereum ETF hitting a record high.
04:32

Bloomberg Analyst: Bitcoin's Volatility Has Significantly Decreased Since the Launch of a Bitcoin Spot ETF, Now Less Than Twice That of Gold

BlockBeats News, August 5th, Bloomberg ETF Senior Analyst Eric Balchunas posted on social media, stating, "Since the Bitcoin ETF listing, its volatility has dropped significantly. The 90-day rolling volatility has first fallen below 40, while it was above 60 at the ETF listing. For comparison, combi...
04:22

In the past 24 hours, there has been a total of $226 million in liquidations across the network, with ETH surpassing BTC in the amount liquidated.

BlockBeats News: On August 5th, according to Coinglass data, the entire network liquidated $226 million in the past 24 hours. Of this amount, long positions were liquidated at $89.58 million, short positions at $136 million. The amount of ETH liquidated exceeded that of BTC, reaching $85.9 million.
04:22

Grok Imagine has launched the Grok iOS application

BlockBeats News, August 5th, Musk tweeted that Grok Imagine has launched the iOS Grok app and will soon launch the Grok Android app.Grok Imagine's new features include: text-to-video generation (users can quickly create sound-enabled short videos through text prompts, with a maximum length of 6 seco...
04:12

The amount of ETH queued for exiting the Ethereum PoS network has decreased for 3 consecutive days, with the current value being approximately 17.85 billion USD worth of ETH in the exit queue.

BlockBeats News, August 5th, according to the Validator Queue tracking website validatorqueue data, the current Ethereum PoS network exit queue is temporarily reported as 488,686 ETH, worth approximately $17.85 billion, the queued ETH amount has been continuously decreasing for 3 days, and the exit ...
03:52

Particle Network is launching an end-to-end comprehensive SDK to create a universal transaction layer for RWAs, stablecoins, and digital assets.

BlockBeats News: On August 5th, Particle Network posted on social media, announcing the launch of an end-to-end universal SDK to build a transaction layer for RWAs, stablecoins, and digital assets, with Circle as the first batch of cornerstone partners.
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