AICoin Focus: Daily Hot Picks (September 8th)

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11 months ago

1. Today marks the third anniversary of El Salvador adopting BTC as legal tender. The country currently holds 5,865 bitcoins, worth over $318 million, with a floating profit of $31 million.

2. Elon Musk posted a tweet on X with an image containing the word "DOGE" and the caption "Department of Government Efficiency" (D.O.G.E), sparking market attention. Prior to this, Trump stated on Thursday that if he wins the November election, he will establish a government efficiency committee led by Musk. Musk expressed on social media, "If the opportunity arises, I look forward to serving the United States. No need for compensation, no need for a title, no need for recognition." -Original

3. The cryptocurrency fear and greed index has dropped to 23, nearing its lowest point since August, indicating extreme market panic.

The cryptocurrency fear and greed index is at 23 today, down from 22 yesterday, signaling extreme market panic, reaching its lowest point since August over the past two days. Note: The panic index threshold is 0-100, including indicators such as volatility (25%), market trading volume (25%), social media heat (15%), market surveys (15%), Bitcoin's proportion in the entire market (10%), and Google hot word analysis (10%). -Original

4. The USDC Treasury has minted an additional 50 million USDC on the Ethereum network.

The USDC Treasury minted an additional 50 million USDC on the Ethereum network 2 minutes ago. -Original

5. The Commodity Futures Trading Commission (CFTC) has filed an emergency motion in an attempt to prevent the listing of election prediction contracts on Kalshi.

Late last night, the Commodity Futures Trading Commission filed an emergency motion in an attempt to prevent the listing of election contracts on the prediction market Kalshi for two weeks, during which the agency is handling appeals. The motion was filed before the judge announced the reasons for rejecting the lawsuit and allowing the listing of Kalshi contracts. -Original

6. BTC has dropped by 3.63% in the past 24 hours, with the current price at $54,599.76. The total amount of liquidation in the entire network's contracts in the past 24 hours is $244 million.

7. Roaring Kitty has returned after a 2-month hiatus, posting Chewy-related images on X, hinting at giving up holding its shares. The price of the Solana on-chain meme token Chewy has surged by nearly 28% in the short term.

8. Ethereum gas fees have surged by 103.93% in 10 minutes, reaching 16.58 Gwei in on-chain activity.

The current Ethereum gas fee has risen to 16.58 Gwei, with a 10-minute surge of 103.93%, indicating an increase in on-chain activity for ETH. Please pay attention to market changes. -Original

9. The probability of a 50 basis point rate cut by the Federal Reserve has increased, with over $100 million in spot BTC main force transactions betting on a rate cut.

Real-time monitoring of large orders in the market, automatically generating and pushing reports. Open PRO membership to view complete main force data reports. -Original

10. During the application for a suspension order by the Indian crypto trading platform WazirX, negotiations will be held with potential investors to resolve cryptocurrency balance issues.

The Indian crypto trading platform WazirX, which was previously targeted in a hack, stated that the reason for filing a suspension order with the High Court of Singapore is to have breathing space to develop a solution for cryptocurrency balances. During the suspension period, negotiations will be sought with potential investors. WazirX's suspension order application primarily seeks the following remedies: (1) An order not to pass any resolution regarding liquidation; (2) An order not to initiate or continue any litigation against WazirX, unless permitted by the court and subject to the terms set by the court; (3) An order not to execute, seize, or undertake any legal proceedings against any of WazirX's assets, unless permitted by the court and subject to the conditions set by the court. These remedies are essentially protective and will enable WazirX to focus on finding solutions for platform users. The Indian crypto trading platform WazirX announced that it has requested six months from the High Court of Singapore to restructure its debt. This will initiate a 30-day automatic suspension order. The court has yet to determine the hearing date for the approval of the suspension order. -Original

11. STRK has experienced abnormal price movement, with a 24-hour increase of 11.42%, currently trading at $0.4353.

12. NEIRO's popularity has risen, with a 24-hour increase of 109.30%, making it the top trending search.

13. The total open interest of OKX options has increased by 7.17% in the past 24 hours, indicating increased activity in the options trading market.

The current total open interest of OKX BTC options contracts is 22,297.71 BTC, with a 7.17% increase in the past 24 hours, indicating increased activity in the options trading market. Data is for reference only. Interpretation: Open interest refers to the total number of outstanding options contracts in the market, reflecting the current market's views and expectations of the future price movements of an underlying asset. Data is for reference only. -Original

14. A whale on Compound faces liquidation of 488.45 WBTC, with a liquidation price of 50,429 USDT.

A whale on Compound faces liquidation of 488.45 WBTC (approximately $26.47 million) with a health factor as low as 1.07, and a liquidation price of 50,429 USDT. The whale's address was liquidated three times during the 2022 coin price crash, totaling 74,426 cWBTC (approximately $32.82 million). -Original

The above are selected hotspots from the past 24 hours. For faster news, please download AICoin (aicoin.com).

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