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Shitcoin Season Index Rises to 24, SYRUP, PENGU, HYPE Lead 90-Day Performance

4 hours ago

On July 4th, based on Coinmarketcap data, the market witnessed a slight recovery. The Altcoin Season Index rose to 24, which is a notable increase compared to last week's average of 19. After reaching a yearly high of 87 on December 4, 2024, the Altcoin Index has been on a continuous downward trend. Recently, it has been fluctuating around the low range of 20. In the past 90 days, among the top 100 cryptocurrencies by market capitalization, only 24 tokens have outperformed Bitcoin. Bitcoin has seen a 30.16% increase in the past 90 days. The top-performing altcoins in the past 90 days are SYRUP, PENGU, HYPE, VIRTUAL, and FARTCOIN.
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Roam eSIM Alipay Top-up, Participate in Staking to Receive Global eSIM Data Allowance

On July 4th, Roam announced several feature upgrades. These include: · Adjustment of the Reverse Burn Mechanism: The conversion rate between $ROAM tokens and points will be calculated based on the average conversion rate of the last 50 periods instead of the previous single-period conversion rate. This new mechanism will further safeguard the long-term interests of Roam community retail investors and the healthy development of the project. · Support for eSIM Alipay Payment: Roam Global / Premium eSIM now enables Alipay top-ups. Users can purchase data services within the app and complete the payment using Alipay, making the purchase process more convenient and the experience more seamless. · Update of the Lock-up Rule: The Roam App has adjusted the lock-up incentive rules. Participating in $ROAM lock-up will earn users universal eSIM data. For example, locking up 1000 ROAM tokens will grant 5GB of data after one period (28 days); locking up 2000 $ROAM will get 12GB; and locking up 4

6 minutes ago

Japanese Digital Bank Minna Chooses Solana and Fireblocks to Conduct Stablecoin Application Research

On July 4th, as per CoinDesk, Minna Bank in Japan declared a research partnership with Solana, Fireblocks, and TIS to examine how stablecoins and Web3 wallets are transforming Japanese consumer finance. This joint research will center around use cases like payments, on-chain banking infrastructure, and user experiences that are customized for Japan's population with a mobile-first approach. Minna Bank, a subsidiary of Fukuoka Financial Group, mainly caters to a customer base consisting of young people aged 15-39, a demographic that is frequently overlooked by traditional banks.

6 minutes ago

The Ethereum Foundation has provided 3 years of operating funds to the Argot Collective to support its advancement of Ethereum infrastructure development.

On July 4th, the Ethereum Foundation announced that it will offer 3 years of operational funding to Argot Collective in order to enable it to continuously support its endeavors in advancing the Solidity language and other crucial open-source infrastructure of Ethereum. It is reported that Argot was established by former members of the Ethereum Foundation and is dedicated to maintaining the tools on which Ethereum depends.

6 minutes ago

A-share Listed Company Hainan Huatie: Has completed the digitalization and on-chainization of assets worth nearly 26 billion RMB, and signed a strategic cooperation agreement with the RWA Research Institute

July 4th. Hainan Huatie (603300.SH) declared that since 2022, the company has collaborated with AntChain and implanted an MaaS trusted module in the T-box of its aerial work platform. The equipment operation data is uploaded to the blockchain to achieve data "end-to-end trust." Currently, assets worth nearly 26 billion yuan have been digitized and uploaded to the chain, fulfilling the preconditions for on-chain completion of RWA financing. In addition, at the RWA Industry Conference, the company and the RWA Research Institute, which is one of the conference organizers, signed a strategic cooperation agreement. The two parties will cooperate in the three core aspects of asset on-chain value reassessment, industry standard formulation, and global circulation practices.

6 minutes ago

Broccoli 714 Teams Up with OSTRA and TRAINER to Expand into the Small and Medium-sized Enterprise MiniIPO Market

On July 4th, the CTO team of Broccoli 714 made several significant strategic progress announcements, signifying a new phase in the global deployment of the project. Broccoli 714 has entered into a strategic partnership with the JuCoin global exchange platform and reached agreements with OSTRA and TRAINER to serve as liquidity providers and collaborate on the listing of SMEs. Meanwhile, Broccoli 714 has signed strategic MiniIPO listing agreements with multiple companies and will assist 200 SMEs in the future in achieving equity tokenization. It is reported that the market potential related to MiniIPO is as high as a $700 billion scale. Broccoli 714 will play a pioneering role in deeply engaging in this new Web3 infrastructure track, creating a new paradigm that combines memeFi with real-world assets. According to a relevant page, OSTRA provides smart and seamless charging solutions for electric vehicles in Indonesia.

6 minutes ago

Analysis: If the "Beautiful Law Act" is likened to a flood released for the COVID-19 pandemic, Bitcoin could potentially rise to $150,000

On July 4th, as per Cointelegraph which cited Kalshi analysis, due to the "Beautiful Bill," it is anticipated that by the conclusion of 2025, the U.S. national debt will rise dramatically to $40 trillion. The analysis in the report stated that when Trump signed the COVID-19 relief bill at the end of 2020, BTC/USD witnessed a subsequent surge of 38% in the ensuing weeks. Consequently, if a comparable price trend takes place after the "Beautiful Bill," Bitcoin will ultimately exceed $150,000.

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