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Jup Studio's ecosystem meme coin Uranus has surpassed a market capitalization of $52 million, with a 12% price increase in the last 24 hours.

4 hours ago

On August 24th, according to the GMGN market data, the ecosystem meme coin Uranus of Jup Studio has a market capitalization exceeding 52 million US dollars. It has seen a 12% increase in the past 24 hours and a 24-hour trading volume of over 6.4 million US dollars. BlockBeats reminds users that the prices of meme coins are highly volatile, and users should invest cautiously.
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Billionaire Peter Thiel is Betting on Ethereum to Become Wall Street's Preferred RWA Blockchain

On August 24th, billionaire Peter Thiel is placing a bet that Ethereum will become the preferred platform for Real-World Assets (RWA) on Wall Street. His investment firm, Founders Fund, has made significant investments in Ethereum-related assets and has invested in multiple companies that hold Ethereum as a treasury reserve asset, such as ETHZilla and Bitmine. Peter Thiel's investment thesis for Ethereum is based on the notion that if Ethereum can serve as an alternative channel for settling USD, stocks, and other assets outside of the traditional financial system, then its native token will gain substantially from increased network activity.

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ETH has increased by 15,240x since its 2014 ICO

On August 24th, according to Cointelegraph, ETH has witnessed a surge of 15,240 times since its 2014 ICO.

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Crypto Fear & Greed Index drops to 53, market in "Neutral" state

On August 24th, based on alternative data, the Fear and Greed Index of cryptocurrencies today is 53 (yesterday it was 60), suggesting a "Neutral" market state. Note: The threshold of the Fear Index is 0-100, and it includes indicators such as Volatility (25%) + Market Volume (25%) + Social Media Hype (15%) + Market Surveys (15%) + Bitcoin's Dominance (10%) + Google Trends Analysis (10%).

6 minutes ago

If Bitcoin falls below $113,000, the mainstream CEX long liquidation volume will reach $1.297 billion

On August 24th, based on Coinglass data, if Bitcoin drops below $113,000, the cumulative long liquidation intensity of mainstream CEXs will reach $1.297 billion. Conversely, if Bitcoin goes above $116,000, the cumulative short liquidation intensity of mainstream CEXs will reach $423 million. BlockBeats Note: The liquidation chart does not accurately display the number of contracts awaiting liquidation or the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the relative significance of each liquidation cluster to adjacent liquidation clusters, that is, intensity. Therefore, the liquidation chart shows to what degree the price of the asset will be affected when it reaches a certain level. A higher "liquidation bar" indicates that the price, once reached, will experience a more intense reaction due to a liquidity cascade.

6 minutes ago

Coinbase CEO posted a picture 13 hours ago showing a purchase of approximately 4.964 million BALAJI, currently worth about $40,000.

On August 24th, Coinbase's CEO, Brian Armstrong, posted a photo on the X platform 13 hours ago. In the photo, it shows his purchase of 4,964,005 BALAJIS, which is currently worth approximately $40,000. BALAJIS was created through the Zora platform. It is a meme concept coin named after Balaji Srinivasan, who was formerly Coinbase's CTO and an angel investor. It is reported that the current market value of BALAJIS is $8.21 million, and the 24-hour trading volume is $166,500.

6 minutes ago

A whale sold 123,500 LINK at an average price of $25.36 and still holds 425,000 LINK.

On August 24th, as per the monitoring of Onchain Lens, a whale sold 123,500 LINK at a price of $25.36 and received 3.13 million USDC. It then transferred these funds to Compound and Aave for yield via Trust Wallet. The whale still retains 425,000 LINK, which is worth $10.8 million.

6 minutes ago