Bitcoin Market Cap Surpasses Amazon, Rises to 6th in Global Asset Market Cap Ranking
On August 11th, based on 8market data, Bitcoin's market capitalization exceeded that of Amazon and reached $2.45 trillion, rising to the 6th position in the global asset market capitalization rankings.
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Crypto Market Starts Uptrend, Total Market Cap Surpasses $4.139 Trillion
On August 11th, the crypto market exhibited a rising trend. Bitcoin broke through $12,200. Ethereum once again exceeded $4,300. The total cryptocurrency market capitalization exceeded $4.139 trillion, with a 24-hour increase of 1.8%. Fan token projects and Ethereum ecosystem tokens took the lead in the altcoin market. These include: ZRO, which saw a 21.85% increase in the last 24 hours and is now trading at $2.42; LDO, which saw a 12.93% increase in the last 24 hours and is now trading at $1.48; JUV, which saw a 36% increase in the last 24 hours and is now trading at $1.49; ENA, which saw an 11.4% increase in the last 24 hours and is now trading at $0.826; and LISTA, which saw a 9.55% increase in the last 24 hours and is now trading at $0.338.
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Bitcoin Breaks $122,000, Only About 1% Away from New All-Time High
On August 11th, based on HTX market data, Bitcoin has exceeded $122,000, with a 24-hour price increase of 3.75%.
Currently, it is only approximately 1% away from reaching the historical high of $123,250 on July 14th.
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BAGS 7-Day Protocol Revenue Surpasses Letsbonk, Founder Previously Snagged Dogwifhat NFT
On August 11th, as per the data from Defillama, the revenue of the Solana Meme issuance platform BAGS in the past 7 days exceeded that of Letsbonk and currently stands at $3.95 million. The revenue of Letsbonk in the past 7 days was $2.16 million, and the revenue of Pump.fun in the past 7 days was $8.58 million.
Moreover, according to the Jupiter Data Dashboard, in the past 24 hours in the Solana coin issuance platform market share ranking, pump.fun ranks first with 67.9%, Letsbonk ranks second with 19.1%, and BAGS ranks third with 11.6%.
On August 8th, the founder of BAGS, Finn, spent 6.8 BTC (approximately $800,000) to auction and acquire the original hat of the Dogwifhat (WIF) Meme.
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Gate ETH Staking Total Exceeds 160,000 ETH, with an Annualized Yield of 5.04%
On August 11th, based on the latest data from the Gate platform, the total staking amount of its ETH mining product has reached 162,300 ETH, and the reference annualized yield is 5.04%. Users who stake ETH can receive an equivalent amount of ETH2 assets, achieving asset appreciation.
This service supports instant redemption, providing liquidity and enabling the earning of stable returns. In addition to ETH, the platform also offers multi-currency staking options. As of the time of this publication, the reference annualized yields are as follows: BTC 3%, USDT 16.72%, USDE 14.63%, SOL 6.25%, GT 6.26%.
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Web3 developer education platform HackQuest has completed a $4.1 million Pre-A round of financing, with Animoca Brands and Open Campus co-leading the investment.
August 11th. The Web3 developer education platform, HackQuest, announced the completion of a $4.1 million Pre-A round of financing. This round was jointly led by Animoca Brands and Open Campus. Gate Ventures, Hash Global, HashKey Capital, Bytetrade Labs, StepN, Outlier Ventures, and others also participated. Angel investors include Scott Moore, the founder of Public Works; YY, a partner at Signum Capital; Riccardo, the ecosystem lead at Outlier Ventures; James, a co-founder of Jambo; and others. HackQuest stated that the funds will be utilized to expedite the development of the developer platform and expand its global impact on the developer community by acquiring high-quality platforms in the same field.
7 minutes ago
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