Cointime February 24 News Express

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Cointime2024/02/24 10:04

By:Cointime

1. Ethena Labs explains the reason for the significant reduction in sUSDe APY: to ensure a slow and controlled product launch

2. 500,000 UNI were transferred from KuCoin early this morning

3. USDC circulation dropped by $100 million in the past week

4. Fidelity FBTC total inflows exceed $4 billion

5. CoinGecko: 46% of token prices in the top 50 airdrop projects hit new highs within 14 days

6. Tether Treasury newly minted 1 billion USDT, which has been authorized but not issued

7.Suspected Justin Sun address purchased more than 150,000 ETH in 12 days, worth US$430 million

8. Huobi HK’s application for a virtual asset trading platform license submitted to the Hong Kong Securities and Futures Commission was withdrawn on February 23

9. EIA Temporarily Suspends Emergency Survey of Bitcoin Mining Industry

10. The content of Satoshi Nakamoto’s 2009 email was exposed: He once believed that Bitcoin was easy to obtain through mining and was not averse to its investment properties.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

Bitget-RWA•2025/09/12 06:14

FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

OPEN has dropped by 189.51% within 24 hours during a significant market pullback

- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

Bitget-RWA•2025/09/12 06:14