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Samsung mocks Apple’s foldable screens, while Chinese domestic manufacturers have rolled out the next generation of foldable devices.

59 minutes ago

After the launch of Apple’s first foldable iPhone Duo, Samsung’s official U.S. account posted a series of mocking posts, claiming Apple was “eating leftover scraps”, sparking widespread market discussion. However, behind this “Apple vs. Samsung” feud, the actual technological competition landscape in the foldable phone sector may have long shifted. The iPhone Duo has an unfolded thickness of 5.2mm, weighs 254g, and a crease depth of approximately 150 microns. By comparison, the OPPO Find N5 has a crease of around 101 microns; Huawei’s Mate X6, via its Xuanwu Waterdrop hinge, reduces crease depth to roughly 5 microns; and Honor’s Magic V6 boasts an even slimmer unfolded thickness of just 4mm. In terms of product form, Apple’s first foldable adopts the traditional book-style inward-folding design, while Huawei has launched a tri-fold device, Honor and Xiaomi are focusing on vertical small foldables, and Chinese domestic manufacturers continue to compete in areas like hinges, hover functionality, slimness, and durability. On the market front, while Samsung remains the global leader in foldable phones, Chinese manufacturers are rapidly catching up. Driven by technological iteration and falling prices, competition in the foldable sector has shifted from an “Apple vs. Samsung” dynamic to a multi-dimensional competition led by Chinese brands. Samsung’s jab at Apple for “eating leftover scraps” may hold some truth, but the real pacesetters in today’s foldable race are those vying for lighter, thinner builds, smaller creases, and more diverse form factors.

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Well-known trader Killa predicts that Bitcoin’s pullback will top out at just under $70,000, and the bottom gap does not necessarily need to be filled.

Renowned trader Killa stated in a social media post that Bitcoin has been consolidating sideways at the bottom for two months before rallying 27%, yet the market remains in disbelief. There is no inherent reason for the gap below to be fully filled, he explained. The gap initially formed due to the liquidation of roughly $6 billion in short positions—this is only the publicly visible liquidation data in the market. Against this backdrop, the gap does not need to be fully filled, and it is highly unlikely that it will be. During the rally at the end of 2022, only partial gap fills were observed at most, and even those were quickly bought back. If a similar situation plays out this time, BTC could test the $70,000 level, though this is not a certainty. Technically, Killa does not believe Bitcoin will return to his entry point for his 2x long position at $62,600, nor even to the average spot price he publicly shared of $65,800. The worst-case re-test scenario would be slightly below $70,000, potentially around $69,000, if some form of market capitulation occurs. No significantly deeper pullback is expected beyond that, and even that scenario would be a stretch. BTC is very likely to easily defend the $73,000–$75,000 range before ultimately rallying further toward $85,000.

7 minutes ago

Crypto prediction platform Polymarket has appointed its first chief financial officer (CFO), aiming to reinvigorate its momentum and catch up with Kalshi.

According to Bloomberg, prediction market platform Polymarket has appointed its first Chief Financial Officer (CFO), Warren Jenson, a move viewed as a key step to catch up with rival Kalshi as the company pursues a new round of investment and seeks to rebuild growth momentum. Jenson officially joined Polymarket this week, bringing prior senior finance roles at media research firm Nielsen and martech company LiveRamp. The 69-year-old Jenson boasts decades of financial management experience, while Polymarket’s founder and CEO Shayne Coplan is just 28 years old. Bloomberg notes that Polymarket has recently fallen behind in competition with its main rival Kalshi, prompting the firm to seek new funding and revitalize its development momentum. The hiring of its first CFO signals Polymarket is further strengthening its financial management system in preparation for subsequent financing and business expansion. Polymarket has already secured large-scale financing in the past: in early September, 1789 Capital, a firm where Donald Trump Jr. serves as a partner, led its roughly $1 billion funding round, which valued Polymarket at around $21 billion upon deal completion. Notably, Polymarket has continued expanding its business recently, launching a social feature called Squads on September 8 that integrates group chat functionality into its prediction market platform.

7 minutes ago

Bitget has integrated Nasdaq’s official data source, becoming the first crypto platform in the industry to adopt this standard.

According to an official statement from Bitget, the crypto exchange has completed a full upgrade to its U.S. stock market data feed, officially integrating Nasdaq’s official data sources, making it the first crypto trading platform in the industry to adopt this data standard. Compared to its previous data model, Nasdaq’s official data delivers more accurate and timely market data to users, while maintaining better price stability and continuity amid sharp market volatility. To further ensure data quality, after integrating the official data, Bitget has built a multi-layered safeguard mechanism based on official metadata, covering data processing, real-time monitoring, quality comparison, simulation verification, and abnormal data filtering. As a core data service provider long relied on by global financial markets, Nasdaq’s data standards have been validated over years in the traditional finance sector. This upgrade also marks Bitget’s further advancement in building its global asset trading infrastructure. As its product offerings expand from digital assets to global assets including U.S. stocks, the platform will continue to enhance its underlying data, liquidity, and risk management capabilities, while introducing more mature institutional-grade market standards. It aims to deliver a more stable and efficient cross-market trading experience for both retail and institutional clients, and further strengthen the overall competitiveness of its panoramic trading platform (UEX).

7 minutes ago

Bonk Guy’s assets have shrunk by $5 million in the past 24 hours, and he has issued another bullish call for USELESS, urging investors to seize the "bottom-fishing opportunity".

Crypto KOL Bonk Guy has once again hyped USELESS on social media, claiming that USELESS is "the memecoin of this bull run" and is basically destined to reach a market cap of billions of dollars. During the recent downturn, numerous new holders have also flocked to USELESS. Ahead of Q4, every pullback in this price range represents a buying opportunity. Notably, GMGN data shows USELESS has dropped 23% from its all-time high set yesterday. Meanwhile, impacted by PONS’ decline, Bonk Guy’s personal meme wallet assets have shrunk by $5.07 million over the past 24 hours; he holds 15.8 million USELESS and 10.9 million PONS. BlockBeats Note: Meme coin trading is extremely volatile, largely driven by market sentiment and concept hype, with no actual value or use cases. Investors should be aware of the risks.

7 minutes ago

Osmosis plans to seize assets from the attacker and will use community-held Bitcoin to cover the Alloyed BTC shortfall.

According to Osmosis officials, the solution proposal developed to address the earlier Nomic chain nBTC incident has been released and is now open for community discussion. Per the proposal, the Osmosis governance community will consider seizing the previously frozen attacker assets and using BTC held in the community fund pool to cover the remaining collateral gap, with the goal of restoring full collateral support for Alloyed BTC. The proposal still requires governance discussion and voting; asset seizure or collateral replenishment has not yet been completed.

7 minutes ago

A whale purchased 767.8 BTC via THORChain over two days, at an average price of approximately $78,628.

According to EmberCN’s monitoring, a whale today continued a cross-chain purchase of 544.5 BTC via THORChain, valued at roughly $42.43 million. As of now, the whale has converted 60.37 million USDC into 767.8 BTC via THORChain over the past two days, with an average purchase price of approximately $78,628.

7 minutes ago

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