星球日报 | Glassnode：比特币活跃实体数量下降；DecenTrader：减半前BTC或将横盘一个月（2月5日）
headlines
According to data from on-chain analysis company Glassnode, after the approval of the Bitcoin spot ETF, despite the recent strong performance of Bitcoin prices, a counter-intuitive phenomenon occurred in the market, that is, the number of active entities dropped to a cycle low of 219,000 per day. points (a small rebound to 221,000 this week), meaning that although the price of Bitcoin has increased, the growth of Bitcoin users has not kept pace. The analysis believes that this is mainly due to the increase in activity related to ordinal numbers and inscriptions, with many participants reusing Bitcoin addresses, thus reducing"active entity"quantity (no double counting).
Crypto trading strategy tool DecenTrader predicts the price behavior of the next BTC halving, arguing that Bitcoin prices may experience sideways fluctuations for about a month before the market begins to react to the upcoming block subsidy halving. Filbfilb, CEO and co-founder of DecenTrader, said he expects a surge in buying around two months before the April 18 halving date, which will be followed by another “sell news event” similar to last month’s spot launch. Market reaction to the Bitcoin ETF could push BTC/USD to its current two-year high of $49,000, followed by a sell-off in the ETF.
Bit Brother Limited, a Nasdaq-listed mining company, disclosed that it had received a delisting notice. According to the notice, Nasdaq made this decision mainly because the company’s delisting on October 25, 2023 and December 5, 2023 market concerns arising from certain warrants with cashless exercise provisions in the twice-registered issuance, and related public interest concerns arising from such transactions. It is reported that this delisting notice will not have an immediate impact on the listing and trading of Bit Brother Limited. Currently, Nasdaq has allowed the company to participate in a hearing on February 27 to explain. Before the hearing process is completed, Nasdaq Gram will continue to shelve any trading suspension or delisting actions.
Market changes
The total market value of cryptocurrencies is US$1.729 trillion, and BTC’s market share is 48.8%
CoinGecko data shows that the current total market value of cryptocurrency is US$1.729 trillion. In addition, BTC’s market share is 48.8% and ETH’s market share is 16%.
Open interest in ETH contracts across the network dropped to $7.51 billion
Coinglass data shows that the open position of ETH futures contracts across the entire network is 3.26 million ETH, equivalent to approximately US$7.51 billion, with a 24-hour decrease of 3.16%.
Among them, the open position of Binance ETH contract is 1.13 million ETH (approximately 2.61 billion US dollars), ranking first.
Canadian Purpose Bitcoin ETF’s BTC holdings dropped by 3,000 since January 10
HOD L1 5 Capital posted on the X platform that it seems Canadians are switching from the Canadian Purpose Bitcoin ETF to the low-cost US Bitcoin spot ETF. Since January 10, the number of BTC held by the Purpose Bitcoin ETF has decreased by 3,000.
Uniswap front-end transaction fees hit $5.19 million
DefiLlama data shows that as of February 3, Uniswap’s front-end transaction fees (income) reached US$5.19 million.
According to previous news, Uniswap Labs announced that it will charge a 0.15% exchange (swap) fee for certain tokens in its web application and wallet starting from October 17, 2023. Specific tokens include ETH, USDC, WETH, USDT, and DAI. , WBTC, agEUR, GUSD, LUSD, EUROC, XSGD.
According to Dune data, the total number of created accounts on the Ethereum second-layer network Arbitrum chain has exceeded 14 million, currently reaching 14.054 million, of which the number of active accounts is approximately 13.53 million, accounting for approximately 96.2%. In addition, the total number of transactions on the Arbitrum chain has reached approximately 515 million, and the number of contracts created on the chain exceeds 4.233 million.
Industry news
The Economic Investigation Brigade of the Yuanbaoshan District Public Security Bureau of Chifeng City, Inner Mongolia uncovered a pyramid scheme case on a virtual currency platform. The platform was suspected of using virtual currency to implement pyramid schemes.
After investigation, it was found that the virtual currency platform was a pyramid scheme that was based in Beijing and catered to the whole country, with a strict organizational structure and novel criminal methods. As of the incident, the total number of registered members on the platform has reached more than 18,000, involving 13 provinces and cities, with transaction turnover of more than 2 billion yuan.
With the strong support and assistance of the Economic Investigation Brigade of the Public Security Department and the Economic Investigation Detachment of the Municipal Bureau, the Economic Investigation Brigade of the branch successfully persuaded two absconding economic crime suspects to surrender. Relevant cases are currently under further investigation.
Dennis Porter, founder of Satoshi Action Fund, posted on the passed laws and discussed our proposed 2024 bills in Indiana, Missouri, Nebraska and Virginia.
The New York Times reports on the effectiveness of our right to dig legislation in stopping discrimination across Arkansas. Arkansas is the first state in the nation to adopt Satoshi Action model policies.
Project News
Hayden Adams, founder of Uniswap, posted on the The repository alone has been forked about 4,700 times. But branding is very different from a decentralized protocol or an open source interface. The Uniswap brand can be used in a variety of ways, but there are restrictions in the trademark policy. For example: a forked project can Say built on the Uniswap protocol, but not built by the Uniswap team. Our trademark policy is based on Linux and Mozillas policies and is rooted in open source best practices.
The floor price of Nobody NFT exceeded 0.9 ETH, and the trading volume reached 2500 ETH
According to OKX NFT trading market data, the Stephen Chow collaboration series NFT Nobody Floor, which started trading this afternoon, exceeded 0.9 ETH, with a total trading volume of 2,500 ETH. The initial issuance price of this series of NFTs is 0.19527 ETH.
ApeCoin community launches new proposal to decide whether to build ApeChain
The ApeCoin community has launched a new proposal on Snapshot to decide whether to continue building ApeChain. The purpose of the proposal is to select a supporter to build an exclusive ApeCoin blockchain ApeChain, aiming to expand APE and support the growth of the ApeCoin ecosystem. It is reported that voting on the new proposal will end on February 8, and the current approval rate is 93.66%.
