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Thesis Acquires Lolli, Doubles Down on Bitcoin Rewards Infrastructure

3 days ago

On July 2nd, Thesis, a venture studio centered around Bitcoin, has acquired the Bitcoin rewards platform Lolli. The specific details of the deal have not been disclosed. Previously, Thesis had incubated the Bitcoin rewards platform Fold, which later officially separated and became an independent company. Fold then reached a Special Purpose Acquisition Company (SPAC) merger agreement with FTAC Emerald Acquisition Corp. in July 2024 and went public on Nasdaq in February under the ticker symbol FLD. Thesis stated: "This action positions Thesis as a leader in Bitcoin rewards technology, marking a significant milestone in its mission of building a Bitcoin-powered lifestyle economy and transforming Bitcoin from a buy-and-hold asset into the foundation of a modern decentralized economy." Lolli was founded in 2018 and enables users to earn Bitcoin and cashback while shopping at over 50,000 retailers or playing over 1,000 mobile games (both online and in-store).
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Upbit 24-Hour Trading Volume Ranking: STRIKE Takes the Lead, BLAST Enters Top 5

On July 5th, based on CoinGecko data, in the past 24 hours, Upbit, the largest exchange platform in South Korea, had a trading volume of 1.435 billion USD. The STRIKE/KRW trading pair accounted for 13.15% of the volume in the Korean won market and ranked first. The remaining top five in terms of trading volume are: XRP, BTC, ETH, BLAST.

14 minutes ago

A whale that accumulated WBTC in 2020 sold 40 WBTC again after 6 months

On July 5th, according to on-chain analyst Ai Yi (@ai_9684xtpa), when the market declined last night, an address that had been accumulating WBTC since 2020 recharged 40 WBTC to Binance after six months. If sold, it could potentially make a profit of $3.846 million. It is reported that the whale accumulated 319.19 WBTC in August 2020 at an average price of $11,541.45.

14 minutes ago

Cryptocurrency Fear and Greed Index Drops to 67, Market Sentiment Shifts from 'Greed' to 'Neutral'

On July 5th, according to Alternative Data, the Crypto Fear and Greed Index for today is 67 (yesterday it was 73), suggesting a decline in the "greed" sentiment in the market. Note: The threshold for the Fear Index is 0-100 and it encompasses the following indicators: Volatility (25%) + Market Volume (25%) + Social Media Hype (15%) + Market Surveys (15%) + Bitcoin's Dominance in the Market (10%) + Google Trends Analysis (10%).

14 minutes ago

Binance Alpha's yesterday's trading volume reached $461 million, with BR, KOGE, and BULLA ranking in the top three.

On July 5th, according to the @pandajackson42 data dashboard, the trading volume of Binance Alpha reached $461 million on July 4th. This still remains at a relatively low level compared to its peak. Among them, BR had a trading volume of $270 million, KOGE had a trading volume of $76.09 million, and BULLA had a trading volume of $23.27 million, leading the way.

14 minutes ago

STIX OTC Platform Founder: Have Received Interest from Over a Dozen WLFI Sellers, but Few Buyers

On July 5th, Taran, the founder of the over-the-counter trading platform STIX, shared on social media that more than a dozen WLFI OTC sellers (with holdings in the 7 to 8-digit range) on the platform have expressed their willingness to sell at any price above cost. However, there are extremely few buyers.

14 minutes ago

A whale address "bought the dip" 1616 ETH 8 hours ago.

On July 5th, according to on-chain analyst Ai Auntie (@ai_9684xtpa), a whale address purchased 1616.53 ETH as a "buy the dip" action 8 hours ago during a sharp market decline. The value of this purchase was $4.038 million, with a cost of $2,492.04 per ETH. Currently, it is sitting on an unrealized gain of $37,000.

14 minutes ago

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