Cryptocurrency

Term Structure, a non-custodial fixed-income protocol that provides fixed rates, fixed terms, and peer-to-peer borrowing and lending on Ethereum, is excited to announce significant updates and upcoming features as it gears up for the upcoming Mainnet launch. These developments demonstrate Term Structure’s commitment to revolutionizing liquidity and risk management and introducing innovative solutions in DeFi. Fixed income refers to investments that pay returns on a fixed schedule, typically in the form of regular interest payments. This offers investors predictable income streams. For example, if a user invest in a fixed-income token with a 5% annual yield, he will receive an additional 5% of the same type of token each year.To enable users to earn additional points and staking rewards by looping their liquid staking tokens (LSTs) and liquid re-staking tokens (LRTs), the protocol will allow these tokens to be used as collateral. Users will soon be able to borrow them at their preferred rates and choose from 5 to 6 fixed maturity dates. This integration is poised to make fixed-rate and fixed-term borrowing and lending more accessible and versatile, catering to a broader range of user needs in DeFi. Furthermore, Term Structure will launch a point system, incentivizing user engagement through lending and borrowing in Primary Markets and buying and selling tokens in Secondary Markets on the protocol. This point system will reward users for their active participation and contribution to the ecosystem, with other perks such as bonus points for referrals and early participants. In addition, Term Structure has successfully completed the trusted setup ceremony for zkTrue-up, its customized zero-knowledge-proof system, in collaboration with leading audit firms such as ABDK, HashCloak, and Bware Labs. The system’s security is ensured because all participants have discarded the “toxic waste,” which is data that could potentially trick the system into accepting fake proofs. This effectively prevents anyone from gaining control over zkTrue-up. As the anticipation for the Mainnet launch builds, these updates underline Term Structure’s dedication to innovation and security in DeFi. By continuously improving its platform and engaging with its community, Term Structure is set to offer reliable fixed-returns solutions for the crypto community.About Term StructureTerm Structure introduces a distinct ZK Rollup solution democratizing fixed-rate and fixed-term borrowing and lending as well as fixed income trading by offering low transaction fees. Backed by Cumberland, HashKey Capital, Decima Fund, Longling Capital, and MZ Web3 Fund.For more information, users can visit Term Structure’s website at https://ts.finance/ and follow Term Structure’s social media updates:X | Discord | Telegram | LinkedInContactMarketing ManagerNovalia WinataTerm [email protected] article was originally published on Chainwire More

The logic is simple: large investors buy digital assets on liquid platforms like Binance and then move them to private wallets for storage, indicating long-term holding strategies.Diving deeper into the data we can learn that the address “bc1qm34” hosted by the exchange transferred millions of tokens to “1126a” in one tranche. This address is relatively fresh and was activated a month ago by a transfer from the same Binance – for 89,668 BTC, equivalent to $5.62 million.In general, all interactions of this address are related to Binance, as well as the address “bc1q7.” That is, funds move only between these three addresses. A deeper dive through Arkham Intelligence data, however, reveals that the address in question may belong to Ceffu – an institutional digital asset platform offering custody and liquidity solutions. The second address, however, also belongs to the platform and is its custodial address. It now holds 250.219 BTC worth $17.45 million.Thus, it can be stated that there is no special mystery and mysticism in this transfer – just one platform withdraws Bitcoin from the largest, and in fact, liquid, platform for its own needs.Meanwhile, Bitcoin continues to trade around $70,000 per coin. Toward the end of the day today, the price of the main cryptocurrency is adding more than 2%. To reach the absolute maximum price of Bitcoin, at $74,000, less than 5.5% remains. This article was originally published on U.Today More

Multipool, a leading innovator in the blockchain and cryptocurrency industry, concludes its Fjord Foundry LBP with a sell out of all 5 million tokens. With the close of the LBP, Multipool launched their native token, $MUL, on Uniswap V3 today with a market cap of $13M.$MUL on Uniswap – hereUsers can review the details here – app.fjordfoundry.comTo learn more about Multipool and its features, users can visit Multipool’sWebsite – www.multipool.financeTelegram – t.me/multipoolfiX – www.x.com/multipoolfiAbout MultipoolMultipool is a cutting-edge decentralized exchange (DEX) transforming the trading landscape for real-world assets (RWAs) and cryptocurrencies. Multipool is designed for fairness and equality, featuring a fully decentralized on-chain order book, deep liquidity through dynamic bracket pools, and seamless trading of RWAs and cryptocurrencies. Utilizing world-class innovations including industry-first FIX APIs, low latency networks, zero price impact auctions, trustless RFQs, peer-to-peer repo lending, and MEV bot protection, Multipool sets a new standard in DeFi trading. Experience unparalleled efficiency and security in your trading journey with Multipool – The DEX with CEX appeal.Multipool is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.ContactPublic Relations ManagerAngie [email protected] article was originally published on Chainwire More

This milestone was reached just over four months after the inception of Bitcoin ETFs on Jan. 10 this year. Thus, more than four months later, the volume of accumulated Bitcoin issuers has exceeded the 1 million BTC mark. It is that mark that Saylor referred to as 1 Nakamoto. The fact is that, according to unconfirmed data, Satoshi Nakamoto, the mysterious creator of Bitcoin, holds more than 1 million BTC in thousands of his wallets. However, there is no more precise data, but this symbolic mark was enough for Saylor to call it 1 Nakamoto.The top three Bitcoin holders among ETF issuers were BlackRock (NYSE:BLK) with 287,168 BTC, Fidelity with 161,538 BTC and ARK Invest with 48,503 BTC.As for Saylor and MicroStrategy itself, the company now has 214,400 BTC worth $14.66 billion on its balance sheet, according to the latest data. The average buying price is $35,180, which brings the profit of Saylor and MicroStrategy to 94.43%, or $7.12 billion.This milestone of reaching “1 Nakamoto” underscores the growing influence of Bitcoin ETFs and the increasing institutional adoption of the main cryptocurrency. As Bitcoin continues to gain mainstream acceptance, the accumulation of BTC by ETFs and major companies like MicroStrategy signals an interesting future for the digital asset.This article was originally published on U.Today More

Hanyecz was not just a random IT developer who decided to use Bitcoin to buy a pizza. He was a member of Satoshi’s OG developer team and left his trace in Bitcoin mining.Hanyecz then became one of the most trusted contributors of Satoshi Nakamoto. The above-mentioned thread contained a screenshot from the BitcoinTalk forum, where Nakamoto and Laszlo were discussing what makes Bitcoin valuable and the mechanics of how its transactions work. They also exchanged ideas and plans for the future design of Bitcoin and its scalability.The “Bitcoin pizza buyer” did not always agree to what Satoshi suggested on the forum, rejecting his ideas; one of the screenshots in the thread shows “Laszlo pushing back against those who already didn’t think the network could scale.”On May 18, 2010, he posted an announcement that he would gladly buy two large pizzas and pay for them in Bitcoin, writing his name in the history of Bitcoin pop culture.This article was originally published on U.Today More

EthosX is excited to announce the launch of its new Perpetual Options product being launched in partnership with kanalabs.io on their front end. Called OPerps, it aims to be one of the most accessible and efficient ways to enhance returns by using knowledge about short-term market events.The product aims to help users leverage their market predictions to generate consistent income and maximize returns. OPerps is a decentralized platform for short-term options trading. It harnesses the power of blockchain technology to enable efficient and transparent options trading, which happens via a user-friendly interface designed to empower those new to derivatives. OPerps lets users trade tokenized (ERC-20) options that never expire but settle every few minutes/hours. These perpetual options solve the problem of cascading liquidations found in traditional perpetual futures. Furthermore, offering them in a decentralized, tokenized format allows for continuous trading opportunities while enhancing security and flexibility on the platform. OPerps OpportunitiesOPerps aims to maximize the trading potential of investors by giving them opportunities to profit from sudden market movements. This can happen through two avenues; Long Call OPerps and Long Put OPerps. Investors can engage in trading Long Call and Long Put OPerps to capitalize on market movements. Long Call OPerps profit from rising markets, while Long Put OPerps benefit from downtrends. Conversely, Short OPerps allow users to potentially earn premiums from Long OPerps token holders, with Short Call OPerps profiting in falling markets and Short Put OPerps in rising markets.OPerps live options positions aren’t restricted to the platform. A live options transfer feature allows users to move their live option positions to other wallets and protocols for added convenience. As part of the trading experience, the new platform gives users more leverage and APY choices. Traders can choose between high leverage (up to 1000x on BTC/ETH) or high APYs (triple-digit returns). OPerps includes features to limit losses and avoid sudden liquidations, providing a safer trading environment.OPerps is a rare innovation in the history of capital markets that leverages the structure of decentralized finance (DeFi) to give traders the ability to transfer live options positions to anyone anywhere in the market. The platform offers different operational modes: Normal mode on Binance Smart Chain (BSC) and DEGEN mode on Arbitrum for varied trading experiences.OPerps uses data from the Pyth network for prices of options underlyings (BTC & ETH for now). Pyth’s real-time data feed makes the Degen mode possible.About EthosXEthosX is a protocol for trading high-value vanilla/exotic derivatives without going through banks, brokers, and other intermediaries. It provides a platform for investors to trade directly with one another with minimal counterparty and minimize settlement risks. The platform is designed from both crypto and traditional asset classes. But whether a user is trading cryptocurrency options or TradFi derivatives, clearing and settlement are done in an automated and decentralized smart contract-based clearinghouse for capital-efficient trading.To learn more about Operps, follow below: EthosX Website | Twitter/X | LinkedIn | OperpsEthosX is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.ContactJamie [email protected] article was originally published on Chainwire More

Hoge Finance, the pioneering meme token, is excited to announce its official bridging to the Base Network. For those tired of rug pulls, quick pump-and-dump schemes, and superficial communities, Hoge offers a refreshing alternative. Backed by an immutable value-creating smart contract and supported by a time-tested, dedicated community, Hoge stands as one of the rarest tokens in the cryptocurrency market.Launched on Ethereum in February 2021, Hoge was the original deflationary, auto-rewarding token. Over the past three years, it has built a robust Defi ecosystem, inspiring creators and fostering a unique brand culture. Most tokens today barely last a day; some don’t even make it an hour. Last week alone, over 30,000 brand-new tokens were launched on Solana. Real communities are built over years sharing in the failures and successes. Hoge has thrived through community-driven efforts, supported by a DAO-governed wallet with over $400,000 in funds. This wallet enables the community to vote on and fund new ideas, ensuring that Hoge continues to innovate and grow.HOGE is ScarceHoge employs a 2% transaction tax that redistributes tokens to all holders, including a burn wallet that has accumulated over 60% of the total tokens. This deflationary model means every day a user wakes up to more Hoge in their wallet, and simultaneously, there are fewer Hoge tokens in existence. These tokenomics get supercharged by volume. There’s currently less than 39% of Hoge left. The smart contract is unchangeable and will exist as long as Ethereum does.Users can check out Hoge on Coin Market Cap, which has over 68,000 holders, with 98.5% holding less than $1,000 worth of Hoge. Remarkably, 97% of all wallets have not moved their Hoge in over a year. Being a three-year-old meme token, many of these wallets are dead or lost, but they’re still collecting more Hoge every day, adding forever value to the community. Users can review Hoge’s all-in-one dashboard at Hoge.Report to dive deep into the Hoge token statistics.Innovative DeFi ProductsHoge’s community has developed various DeFi products, enhancing its ecosystem:Embracing AI and Web3 GamingHoge is at the forefront of the AI and Web3 gaming narratives with the upcoming launches of HogeAI and OptiGames. HogeAI, a custom-built text-to-image generator, enhances storytelling and gives each holder the tools to express themselves. Hoge content creation is now limitless. OptiGames integrates ERC20 tokens into provably fair arcade gameplay. Game creators can seamlessly integrate their game on the OptiGames platform and monetize the results for players. The flagship game, Bulldog Blast, will allow players to compete against each other in a turn based multiplayer death match for Hoge tokens. Or you can simply play a stranger in rock paper scissors for your favorite ERC20 token.Community Engagement and Information SourcesUsers can stay updated on Hoge news and updates by visiting Hoge.gg and following @HogeFinance on X. Users can join every Friday for the Weekly Wrap-Up Report, where the week’s crypto news and Hoge updates are discussed. The official contract address can be found on Hoge.gg, as there are many scam copies out there. DeFi is a fun new world, and Hoge gives creators a place to create. For further information, users can join the Telegram group or ask on any platform, and the community will provide answers.ContactCommunity ManagedHoge AdvisorsHoge [email protected] article was originally published on Chainwire More

Two tokens within the Ethereum ecosystem, PEPE and MOG, soared to record highs on Monday, continuing the impressive rallies from last week.  These gains also coincided with a nearly 5% rise in ether. The surge followed the U.S. approval of key ether exchange-traded fund filings, prompting traders to consider meme tokens as beta bets.The rise is part of a broader meme coin rally, with most meme-based cryptocurrencies trading in the green. The sector saw a surge in interest over the last few weeks after legendary trader and investor Roaring Kitty returned to the trading world following a three-year absence.Moreover, the number of addresses holding meme coins for less than thirty days reached a record high last month, which indicates a massive influx of new traders entering the market.Traders have been considering PEPE and MOG as leveraged ways to gain exposure to ether. The rally in these tokens began when analysts increased the probability of ether ETFs being approved for trading in the U.S.In the past 24 hours, frog-themed PEPE and cat-themed MOG gained 11% and 45%, respectively, as the beta bet narrative gained traction. A beta bet allows investors to gain exposure to a main asset by investing in related networks or protocols. Trading volumes for PEPE across spot and futures markets reached over $1.8 billion, well above the usual $400 million to $600 million range.Futures data revealed a massive increase in open interest for instruments tracking PEPE and MOG in the past 24 hours. PEPE’s open interest climbed to $720 million from last week’s $550 million, and MOG’s rose to $8.3 million from $5 million. An increase in open interest is typically seen as an indicator of new capital entering the market, potentially leading to more price volatility.Despite the bullish sentiment, the long-to-short ratio for PEPE is tilted towards bears at 54%, indicating that traders are largely betting against further price increases.PEPE even entered the top 20 largest tokens by market capitalization, surpassing $6 billion, and provided early investors decent returns from initial investments as low as $460. Since 2023, meme tokens—typically perceived as having no intrinsic value but enjoying sizable followings —have risen in prominence as beta bets on their respective ecosystems.  More