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The U.S.-based crypto mining firm CleanSpark has secured a $100 million credit line from Coinbase Prime.

3 hours ago

On September 23rd, the American Bitcoin miner CleanSpark announced on Monday that it has enlarged its Bitcoin support loan agreement with Coinbase's institutional branch, Coinbase Prime, and has obtained an extra $100 million credit line. In a statement issued on Monday, CleanSpark stated that the company intends to utilize the additional funds for capital expenditures in three crucial areas: expanding its energy infrastructure, growing its Bitcoin mining business, and developing high-performance computing capabilities at specific facilities. (The Block)
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Kraken and Legion will collaborate to conduct the public sale of Yield Basis, as the inaugural token launch project on Kraken Launch

On September 23rd, Kraken's public offering platform, Kraken Launch, is set to launch its first token issuance project for the Bitcoin yield protocol Yield Basis (YB) introduced by Curve founder Michael Egorov. This token issuance is a collaborative effort between Kraken and the on-chain project funding platform, Legion. The issuance plan will be carried out in two stages. In the first stage, 20% of the sales will be allocated to users holding a Legion Score on legion.cc. In the second stage, the remaining token sale will be opened on Kraken and Legion on a first-come, first-served basis.

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Binance Alpha Distributes 286 Additional Tokens to NUMI Holders

On September 23rd, Binance Alpha declared that for users who had successfully claimed NUMI previously, the platform had distributed an additional 286 NUMI tokens via an airdrop. Users are advised to check their accounts in a timely manner.

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Matrixport: Breaking Below Key Support Level Will Trigger Cascade of Stop-loss Orders, Low Market Liquidity Poses High Risk

On September 23rd, Matrixport released today's market analysis. While the macro environment is favorable to cryptocurrency assets, the significant decline in trading volume is escalating the risk of forced liquidation. Long positions are prone to being impacted by minor price fluctuations. Despite the market's consensus expectation that the Federal Reserve will enter a rate-cutting cycle, historical patterns indicate that this stage is usually accompanied by volatility. After this Federal Reserve interest rate meeting, U.S. bond yields rose, further intensifying market pressure. Once the cryptocurrency market price falls below a key technical support level, stop-loss orders will be triggered en masse, resulting in a rapid deleveraging process. In an environment where the trend is uncertain, controlling risk exposure and maintaining caution are particularly crucial.

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Animoca Brands Co-Founder Yat Siu Joins DigitalX Strategic Advisory Board

On September 23rd, Animoca Brands made an announcement. Its co-founder, Yat Siu, has joined the strategic advisory board of DigitalX, which is an Australian publicly listed cryptocurrency asset management company. Animoca Brands served as the sole advisor for DigitalX's recent AU$20.7 million strategic placement. As of July 23rd, the total Bitcoin holdings of DigitalX have risen to 499.8 coins.

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Binance Alpha will list Bless (BLESS), with a point airdrop threshold of 200 points

September 23rd. Binance Alpha is set to launch Bless (BLESS) today at 17:00 (UTC+8). Once trading begins, users who hold at least 200 Alpha Points will be eligible to claim a 3,200 BLESS token airdrop. The first come, first served principle applies. If the event is not yet over, the points threshold will automatically decrease by 15 points every hour. It should be noted that claiming the airdrop will consume 15 Alpha Points. Users must confirm the claim on the Alpha event page within 24 hours; otherwise, it will be regarded as a waiver of the airdrop.

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An address starting with 0x8fc, a whale in the cryptocurrency world, has opened a new ETH long position for 3372 coins, with a total position of approximately $29.83 million.

On September 23rd, according to the monitoring of HyperInsight, an address beginning with 0x8fc initiated a new long position in ETH, increasing its holdings by 3372 coins. The value of this position increased by approximately $14.13 million, and the current mark price is around $4029.4. Based on the monitoring, the total position of this address is approximately $29.83 million. The main positions are: $14.87 million in long positions of BTC and $14.13 million in long positions of ETH.

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