Plasma
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@CoinMarketCap Market Pulse | Weekend
DEFI BRIEF š¦
Perpetual DEX platform, #Hyperliquid , goes down for 37 minutes, preventing traders from opening or closing positions during the time. The platform has since resumed full function.
Leading lending platform, Aave, passes a goverenance vote to reduce emissions by 25%, while keeping token buybacks at the same level.
Pair-trading platform, Pear protocol goes live, running on the Hyperliquid backend to fill usersā trades.
Stablecoin protocol, Ethena, introduces Liquid Leverage, in collaboration with Aave, incentivizing the provision of liquidity for USDe and sUSDe on Aave.
VC FUNDRAISES AND AIRDROPS š°
Stablecoin L1, #Plasma , concludes their token sale with a 7x oversubscription, raising $373M over the past 11 days from eligible participants.
Blockchain infrastructure development firm, Manifold Labs, raises $10.5M in a Series A funding round led by OSS Capital, with support from DCG and angels from Shopify, Google, Bittensor and more.
On-chain ETH treasury company, ETH Strategy, raises 12,342 ETH or $46.5M worth in a pre-launch raise, kicking off the next phase of rollout for the project.
#StandardChartered crypto subsidiary, Zodia Markets, raises $18.25M in a Series A funding round led by Pharsalus Capital, with participation from Circle Ventures, Token Bay Capital and more.
#Consensys -backed Ethereum L2, Linea, releases their tokenomics for the first time.
#SONIC SVM opens claims for eligible users who participated in the Testnet Odyssey, Mobius or users who provided sonicSOL liquidity prior to the snapshot.
Registration for the Succinct airdrop is now live, with eligible users including their community, developers and X affiliates.
$AAVE $ENA $ETH
DEFI BRIEF š¦
Perpetual DEX platform, #Hyperliquid , goes down for 37 minutes, preventing traders from opening or closing positions during the time. The platform has since resumed full function.
Leading lending platform, Aave, passes a goverenance vote to reduce emissions by 25%, while keeping token buybacks at the same level.
Pair-trading platform, Pear protocol goes live, running on the Hyperliquid backend to fill usersā trades.
Stablecoin protocol, Ethena, introduces Liquid Leverage, in collaboration with Aave, incentivizing the provision of liquidity for USDe and sUSDe on Aave.
VC FUNDRAISES AND AIRDROPS š°
Stablecoin L1, #Plasma , concludes their token sale with a 7x oversubscription, raising $373M over the past 11 days from eligible participants.
Blockchain infrastructure development firm, Manifold Labs, raises $10.5M in a Series A funding round led by OSS Capital, with support from DCG and angels from Shopify, Google, Bittensor and more.
On-chain ETH treasury company, ETH Strategy, raises 12,342 ETH or $46.5M worth in a pre-launch raise, kicking off the next phase of rollout for the project.
#StandardChartered crypto subsidiary, Zodia Markets, raises $18.25M in a Series A funding round led by Pharsalus Capital, with participation from Circle Ventures, Token Bay Capital and more.
#Consensys -backed Ethereum L2, Linea, releases their tokenomics for the first time.
#SONIC SVM opens claims for eligible users who participated in the Testnet Odyssey, Mobius or users who provided sonicSOL liquidity prior to the snapshot.
Registration for the Succinct airdrop is now live, with eligible users including their community, developers and X affiliates.
$AAVE $ENA $ETH
@CoinMarketCap Market Pulse | Weekend
DEFI BRIEF š¦
Perpetual DEX platform, #Hyperliquid , goes down for 37 minutes, preventing traders from opening or closing positions during the time. The platform has since resumed full function.
Leading lending platform, Aave, passes a goverenance vote to reduce emissions by 25%, while keeping token buybacks at the same level.
Pair-trading platform, Pear protocol goes live, running on the Hyperliquid backend to fill usersā trades.
Stablecoin protocol, Ethena, introduces Liquid Leverage, in collaboration with Aave, incentivizing the provision of liquidity for USDe and sUSDe on Aave.
VC FUNDRAISES AND AIRDROPS š°
Stablecoin L1, #Plasma , concludes their token sale with a 7x oversubscription, raising $373M over the past 11 days from eligible participants.
Blockchain infrastructure development firm, Manifold Labs, raises $10.5M in a Series A funding round led by OSS Capital, with support from DCG and angels from Shopify, Google, Bittensor and more.
On-chain ETH treasury company, ETH Strategy, raises 12,342 ETH or $46.5M worth in a pre-launch raise, kicking off the next phase of rollout for the project.
#StandardChartered crypto subsidiary, Zodia Markets, raises $18.25M in a Series A funding round led by Pharsalus Capital, with participation from Circle Ventures, Token Bay Capital and more.
#Consensys -backed Ethereum L2, Linea, releases their tokenomics for the first time.
#SONIC SVM opens claims for eligible users who participated in the Testnet Odyssey, Mobius or users who provided sonicSOL liquidity prior to the snapshot.
Registration for the Succinct airdrop is now live, with eligible users including their community, developers and X affiliates.
$AAVE $ENA $ETH
DEFI BRIEF š¦
Perpetual DEX platform, #Hyperliquid , goes down for 37 minutes, preventing traders from opening or closing positions during the time. The platform has since resumed full function.
Leading lending platform, Aave, passes a goverenance vote to reduce emissions by 25%, while keeping token buybacks at the same level.
Pair-trading platform, Pear protocol goes live, running on the Hyperliquid backend to fill usersā trades.
Stablecoin protocol, Ethena, introduces Liquid Leverage, in collaboration with Aave, incentivizing the provision of liquidity for USDe and sUSDe on Aave.
VC FUNDRAISES AND AIRDROPS š°
Stablecoin L1, #Plasma , concludes their token sale with a 7x oversubscription, raising $373M over the past 11 days from eligible participants.
Blockchain infrastructure development firm, Manifold Labs, raises $10.5M in a Series A funding round led by OSS Capital, with support from DCG and angels from Shopify, Google, Bittensor and more.
On-chain ETH treasury company, ETH Strategy, raises 12,342 ETH or $46.5M worth in a pre-launch raise, kicking off the next phase of rollout for the project.
#StandardChartered crypto subsidiary, Zodia Markets, raises $18.25M in a Series A funding round led by Pharsalus Capital, with participation from Circle Ventures, Token Bay Capital and more.
#Consensys -backed Ethereum L2, Linea, releases their tokenomics for the first time.
#SONIC SVM opens claims for eligible users who participated in the Testnet Odyssey, Mobius or users who provided sonicSOL liquidity prior to the snapshot.
Registration for the Succinct airdrop is now live, with eligible users including their community, developers and X affiliates.
$AAVE $ENA $ETH
See original
The Plasma Foundation Officially Joins the Blockchain Association to Enhance Its Participation in Shaping Digital Asset Policies
PANews announced that the Plasma Foundation has become an official member of the Blockchain Association, one of the leading lobbying and regulatory organizations in the blockchain sector in the United States.
Jacob Witman, the foundation's legal director, stated that this step represents a pivotal stage in Plasma's efforts to actively contribute to the formulation of policies related to digital assets and emerging technologies. He emphasized that the association is an important platform that brings together industry leaders to engage in constructive dialogues with policymakers.
Plasma is expected to work closely with influential leadership figures in the association, such as Dan Spuler and Summer Messenger, to support the development of a fair and innovative regulatory environment that promotes the widespread adoption of web3 and blockchain technologies.
It is noteworthy that the Blockchain Association includes several leading companies in the field such as Coinbase, Kraken, and Uniswap Labs, and plays an increasingly significant role in influencing U.S. public policy related to digital currencies.
#blokchain #coinbase #news #Plasma #Kraken.
PANews announced that the Plasma Foundation has become an official member of the Blockchain Association, one of the leading lobbying and regulatory organizations in the blockchain sector in the United States.
Jacob Witman, the foundation's legal director, stated that this step represents a pivotal stage in Plasma's efforts to actively contribute to the formulation of policies related to digital assets and emerging technologies. He emphasized that the association is an important platform that brings together industry leaders to engage in constructive dialogues with policymakers.
Plasma is expected to work closely with influential leadership figures in the association, such as Dan Spuler and Summer Messenger, to support the development of a fair and innovative regulatory environment that promotes the widespread adoption of web3 and blockchain technologies.
It is noteworthy that the Blockchain Association includes several leading companies in the field such as Coinbase, Kraken, and Uniswap Labs, and plays an increasingly significant role in influencing U.S. public policy related to digital currencies.
#blokchain #coinbase #news #Plasma #Kraken.
@CoinMarketCap Market Pulse | Weekend
DEFI BRIEF š¦
Perpetual DEX platform, #Hyperliquid , goes down for 37 minutes, preventing traders from opening or closing positions during the time. The platform has since resumed full function.
Leading lending platform, Aave, passes a goverenance vote to reduce emissions by 25%, while keeping token buybacks at the same level.
Pair-trading platform, Pear protocol goes live, running on the Hyperliquid backend to fill usersā trades.
Stablecoin protocol, Ethena, introduces Liquid Leverage, in collaboration with Aave, incentivizing the provision of liquidity for USDe and sUSDe on Aave.
VC FUNDRAISES AND AIRDROPS š°
Stablecoin L1, #Plasma , concludes their token sale with a 7x oversubscription, raising $373M over the past 11 days from eligible participants.
Blockchain infrastructure development firm, Manifold Labs, raises $10.5M in a Series A funding round led by OSS Capital, with support from DCG and angels from Shopify, Google, Bittensor and more.
On-chain ETH treasury company, ETH Strategy, raises 12,342 ETH or $46.5M worth in a pre-launch raise, kicking off the next phase of rollout for the project.
#StandardChartered crypto subsidiary, Zodia Markets, raises $18.25M in a Series A funding round led by Pharsalus Capital, with participation from Circle Ventures, Token Bay Capital and more.
#Consensys -backed Ethereum L2, Linea, releases their tokenomics for the first time.
#SONIC SVM opens claims for eligible users who participated in the Testnet Odyssey, Mobius or users who provided sonicSOL liquidity prior to the snapshot.
Registration for the Succinct airdrop is now live, with eligible users including their community, developers and X affiliates.
$AAVE $ENA $ETH
DEFI BRIEF š¦
Perpetual DEX platform, #Hyperliquid , goes down for 37 minutes, preventing traders from opening or closing positions during the time. The platform has since resumed full function.
Leading lending platform, Aave, passes a goverenance vote to reduce emissions by 25%, while keeping token buybacks at the same level.
Pair-trading platform, Pear protocol goes live, running on the Hyperliquid backend to fill usersā trades.
Stablecoin protocol, Ethena, introduces Liquid Leverage, in collaboration with Aave, incentivizing the provision of liquidity for USDe and sUSDe on Aave.
VC FUNDRAISES AND AIRDROPS š°
Stablecoin L1, #Plasma , concludes their token sale with a 7x oversubscription, raising $373M over the past 11 days from eligible participants.
Blockchain infrastructure development firm, Manifold Labs, raises $10.5M in a Series A funding round led by OSS Capital, with support from DCG and angels from Shopify, Google, Bittensor and more.
On-chain ETH treasury company, ETH Strategy, raises 12,342 ETH or $46.5M worth in a pre-launch raise, kicking off the next phase of rollout for the project.
#StandardChartered crypto subsidiary, Zodia Markets, raises $18.25M in a Series A funding round led by Pharsalus Capital, with participation from Circle Ventures, Token Bay Capital and more.
#Consensys -backed Ethereum L2, Linea, releases their tokenomics for the first time.
#SONIC SVM opens claims for eligible users who participated in the Testnet Odyssey, Mobius or users who provided sonicSOL liquidity prior to the snapshot.
Registration for the Succinct airdrop is now live, with eligible users including their community, developers and X affiliates.
$AAVE $ENA $ETH
See original
Plasma prepares to sell XPL tokens after attracting 1 billion USD in deposits
The Bitcoin-based stablecoin network, Plasma, has announced the sale date for XPL tokens on July 17, in line with its mainnet launch roadmap set for "late summer." This comes after the project attracted 1 billion USD in deposits, up from 500 million USD, to secure allocation in the initial token sale.
10% of the total token supply of #XPL will be sold, and depositors will receive allocations based on their proportional deposits. The deposits will be locked on July 14 and will remain locked for at least 40 days after the token sale ends. For participants from the U.S., the lock-up period is 12 months to comply with regulations.
After the 40-day lock-up, Plasma will begin preparations for launching the mainnet, expected as early as August 26 if the sale sells out on the first day. Nevertheless, about 62% of predictors at Myriad Market believe that #Plasma will not launch the mainnet before September.
Plasma plans to launch several undisclosed stablecoins alongside the mainnet. However, they are actively negotiating with major financial institutions.
Plasma is building a blockchain optimized for stablecoins, featuring gas-free stablecoin transactions. This network will use Bitcoin as its payment layer but will have a design similar to Ethereum and be EVM-compatible. CEO Paul Faecks aims to become the "number one stablecoin chain."
The current stablecoin market is valued at 255.9 billion USD and is predicted to explode if the GENIUS Act is passed in the U.S., potentially leading to thousands of new stablecoins launching. Plasma is positioning itself to capitalize on this highly potential market.
The Bitcoin-based stablecoin network, Plasma, has announced the sale date for XPL tokens on July 17, in line with its mainnet launch roadmap set for "late summer." This comes after the project attracted 1 billion USD in deposits, up from 500 million USD, to secure allocation in the initial token sale.
10% of the total token supply of #XPL will be sold, and depositors will receive allocations based on their proportional deposits. The deposits will be locked on July 14 and will remain locked for at least 40 days after the token sale ends. For participants from the U.S., the lock-up period is 12 months to comply with regulations.
After the 40-day lock-up, Plasma will begin preparations for launching the mainnet, expected as early as August 26 if the sale sells out on the first day. Nevertheless, about 62% of predictors at Myriad Market believe that #Plasma will not launch the mainnet before September.
Plasma plans to launch several undisclosed stablecoins alongside the mainnet. However, they are actively negotiating with major financial institutions.
Plasma is building a blockchain optimized for stablecoins, featuring gas-free stablecoin transactions. This network will use Bitcoin as its payment layer but will have a design similar to Ethereum and be EVM-compatible. CEO Paul Faecks aims to become the "number one stablecoin chain."
The current stablecoin market is valued at 255.9 billion USD and is predicted to explode if the GENIUS Act is passed in the U.S., potentially leading to thousands of new stablecoins launching. Plasma is positioning itself to capitalize on this highly potential market.
Plasma will conduct its token sale on Sonar
#Plasma will conduct a $XPL token sale on #Sonar , Echoās new token sale infrastructure, starting June 9th. 10% of XPL token supply will be offered for sale, priced at a $500M fully diluted network valuation. Allocations are based on time-weighted vault deposits. The deposit window will last a few weeks, with a 40-day post-sale lock-up.
Plasma is a high-throughput, scalable blockchain purpose-built for stablecoins with the ability to handle thousands of transactions per second.
š plasma.to/insights/announcing-the-xpl-public-sale-using-sonar-by-echo
#Plasma will conduct a $XPL token sale on #Sonar , Echoās new token sale infrastructure, starting June 9th. 10% of XPL token supply will be offered for sale, priced at a $500M fully diluted network valuation. Allocations are based on time-weighted vault deposits. The deposit window will last a few weeks, with a 40-day post-sale lock-up.
Plasma is a high-throughput, scalable blockchain purpose-built for stablecoins with the ability to handle thousands of transactions per second.
š plasma.to/insights/announcing-the-xpl-public-sale-using-sonar-by-echo
@CoinMarketCap Market Pulse | Weekend
Highlights this week:
Metaplanet acquires another 2,205 BTC, bringing their total holdings to 15,555 BTC.
ETH treasury company, SharpLink Gaming, acquires another 7,689 ETH for $19.2M, bringing their total holdings to 205,634 ETH.
Bit Digital, a Bitcoin mining company, has shifted their focus to ETH, selling off all of their BTC for ETH, in a stunning pivot by the firm.
NARRATIVE OF THE WEEK š°
Memecoin launchpad, #pump .fun, announces their ICO on 12 July 2025, with 33% of the token supply to be sold in the ICO. An airdrop is also mentioned, although no details have been released.
Pump.fun critics pull out old tweets from pump.fun founder, Alon, on how āevery presale is a scamā in relation to the upcoming token sale.
MAJOR PROJECT UPDATES šļø
Tether-backed stablecoin L1, #Plasma , announces their upcoming token sale on July 17th. Deposits on Plasma will be locked 72 hours before the token sale on July 14th.
#SONIC introduces SonicCS 2.0, their latest consensus protocol enabling a 2x improvement in speed and 68% in memory reduction.
#Mantle introduces MantleX, a research and incubation arm centered around the development and exploration of AI and blockchain integrations, tools and opportunities.
#RWA protocol, Ondo Finance acquires Oasis Pro, an SEC-registered broker-dealer. The acquisition will establish the foundation for Ondo to develop a tokenized securities ecosystem for US investors.
$BTC $ETH $USDT
Highlights this week:
Metaplanet acquires another 2,205 BTC, bringing their total holdings to 15,555 BTC.
ETH treasury company, SharpLink Gaming, acquires another 7,689 ETH for $19.2M, bringing their total holdings to 205,634 ETH.
Bit Digital, a Bitcoin mining company, has shifted their focus to ETH, selling off all of their BTC for ETH, in a stunning pivot by the firm.
NARRATIVE OF THE WEEK š°
Memecoin launchpad, #pump .fun, announces their ICO on 12 July 2025, with 33% of the token supply to be sold in the ICO. An airdrop is also mentioned, although no details have been released.
Pump.fun critics pull out old tweets from pump.fun founder, Alon, on how āevery presale is a scamā in relation to the upcoming token sale.
MAJOR PROJECT UPDATES šļø
Tether-backed stablecoin L1, #Plasma , announces their upcoming token sale on July 17th. Deposits on Plasma will be locked 72 hours before the token sale on July 14th.
#SONIC introduces SonicCS 2.0, their latest consensus protocol enabling a 2x improvement in speed and 68% in memory reduction.
#Mantle introduces MantleX, a research and incubation arm centered around the development and exploration of AI and blockchain integrations, tools and opportunities.
#RWA protocol, Ondo Finance acquires Oasis Pro, an SEC-registered broker-dealer. The acquisition will establish the foundation for Ondo to develop a tokenized securities ecosystem for US investors.
$BTC $ETH $USDT
@CoinMarketCap Market Pulse | Weekend
Highlights this week:
Metaplanet acquires another 2,205 BTC, bringing their total holdings to 15,555 BTC.
ETH treasury company, SharpLink Gaming, acquires another 7,689 ETH for $19.2M, bringing their total holdings to 205,634 ETH.
Bit Digital, a Bitcoin mining company, has shifted their focus to ETH, selling off all of their BTC for ETH, in a stunning pivot by the firm.
NARRATIVE OF THE WEEK š°
Memecoin launchpad, #pump .fun, announces their ICO on 12 July 2025, with 33% of the token supply to be sold in the ICO. An airdrop is also mentioned, although no details have been released.
Pump.fun critics pull out old tweets from pump.fun founder, Alon, on how āevery presale is a scamā in relation to the upcoming token sale.
MAJOR PROJECT UPDATES šļø
Tether-backed stablecoin L1, #Plasma , announces their upcoming token sale on July 17th. Deposits on Plasma will be locked 72 hours before the token sale on July 14th.
#SONIC introduces SonicCS 2.0, their latest consensus protocol enabling a 2x improvement in speed and 68% in memory reduction.
#Mantle introduces MantleX, a research and incubation arm centered around the development and exploration of AI and blockchain integrations, tools and opportunities.
#RWA protocol, Ondo Finance acquires Oasis Pro, an SEC-registered broker-dealer. The acquisition will establish the foundation for Ondo to develop a tokenized securities ecosystem for US investors.
$BTC $ETH $USDT
Highlights this week:
Metaplanet acquires another 2,205 BTC, bringing their total holdings to 15,555 BTC.
ETH treasury company, SharpLink Gaming, acquires another 7,689 ETH for $19.2M, bringing their total holdings to 205,634 ETH.
Bit Digital, a Bitcoin mining company, has shifted their focus to ETH, selling off all of their BTC for ETH, in a stunning pivot by the firm.
NARRATIVE OF THE WEEK š°
Memecoin launchpad, #pump .fun, announces their ICO on 12 July 2025, with 33% of the token supply to be sold in the ICO. An airdrop is also mentioned, although no details have been released.
Pump.fun critics pull out old tweets from pump.fun founder, Alon, on how āevery presale is a scamā in relation to the upcoming token sale.
MAJOR PROJECT UPDATES šļø
Tether-backed stablecoin L1, #Plasma , announces their upcoming token sale on July 17th. Deposits on Plasma will be locked 72 hours before the token sale on July 14th.
#SONIC introduces SonicCS 2.0, their latest consensus protocol enabling a 2x improvement in speed and 68% in memory reduction.
#Mantle introduces MantleX, a research and incubation arm centered around the development and exploration of AI and blockchain integrations, tools and opportunities.
#RWA protocol, Ondo Finance acquires Oasis Pro, an SEC-registered broker-dealer. The acquisition will establish the foundation for Ondo to develop a tokenized securities ecosystem for US investors.
$BTC $ETH $USDT
See original
July 17 Main Quest Update
The latest news is quite dense, brothers should pay close attention to the main quest, while also choosing projects they believe in to actively follow the official Twitter updates.
1. Binance is airdropping era today and conducting a presale for bas.
Let me reiterate, the presale is a normal wallet TGE process, the difference is that the tokens from the presale cannot be traded immediately; they need to wait for the project team's TGE.
2. The aspecta that has been followed previously will launch the taker key for new investments today. Based on previous situations, itās quite competitive, and the expected returns are average.
But it still needs to be done because participating in new investments is part of the interaction.
Aspecta will soon issue tokens, and after completing the new investments tomorrow, make a transaction on the platform and claim the badge. It can be basically confirmed that the badge has airdrop weight.
I will send a separate post to elaborate on this later.
3. Kaito's first launchpad is about to start, and the first confirmed project is espresso. Waiting for the official announcement of details.
The yt is due at the end of this month.
"Let's push it one more time with the brothers on yt."
4. Basewallet brand has been revamped and upgraded to base app. The marketing strategy is very aggressive; those interested can follow along to see if any new token distribution methods arise.
5. The results for those who previously applied for presale qualification for woot will be announced today; waiting for notification.
6. Backpack has launched a new user acquisition campaign with a reward of around 80u for each order. Since it has a limited quota, I cannot guarantee that all the brothers reading my post will benefit, so I won't make a big announcement about it.
Those interested can check the official Twitter themselves.
7. Plasma will officially start public sales at 9 PM tonight. Those who have saved money previously must not forget to participate; let me remind you once again.
Currently, the process is to link to the official website, complete KYC on sonar, and then invest directly or switch to invest.
For those who can't participate in the public sale, try to stay updated. As a project with a strong background and stable operations, I believe there will still be opportunities in both its secondary market and ecosystem after TGE.
#åøå®Alphaäøę° #KAITO #Plasma
The latest news is quite dense, brothers should pay close attention to the main quest, while also choosing projects they believe in to actively follow the official Twitter updates.
1. Binance is airdropping era today and conducting a presale for bas.
Let me reiterate, the presale is a normal wallet TGE process, the difference is that the tokens from the presale cannot be traded immediately; they need to wait for the project team's TGE.
2. The aspecta that has been followed previously will launch the taker key for new investments today. Based on previous situations, itās quite competitive, and the expected returns are average.
But it still needs to be done because participating in new investments is part of the interaction.
Aspecta will soon issue tokens, and after completing the new investments tomorrow, make a transaction on the platform and claim the badge. It can be basically confirmed that the badge has airdrop weight.
I will send a separate post to elaborate on this later.
3. Kaito's first launchpad is about to start, and the first confirmed project is espresso. Waiting for the official announcement of details.
The yt is due at the end of this month.
"Let's push it one more time with the brothers on yt."
4. Basewallet brand has been revamped and upgraded to base app. The marketing strategy is very aggressive; those interested can follow along to see if any new token distribution methods arise.
5. The results for those who previously applied for presale qualification for woot will be announced today; waiting for notification.
6. Backpack has launched a new user acquisition campaign with a reward of around 80u for each order. Since it has a limited quota, I cannot guarantee that all the brothers reading my post will benefit, so I won't make a big announcement about it.
Those interested can check the official Twitter themselves.
7. Plasma will officially start public sales at 9 PM tonight. Those who have saved money previously must not forget to participate; let me remind you once again.
Currently, the process is to link to the official website, complete KYC on sonar, and then invest directly or switch to invest.
For those who can't participate in the public sale, try to stay updated. As a project with a strong background and stable operations, I believe there will still be opportunities in both its secondary market and ecosystem after TGE.
#åøå®Alphaäøę° #KAITO #Plasma
#CoinMarketCap Market Pulse | Weekend
Highlights this week:
Michael Saylorās Strategy acquires 4,225 BTC for a total of $472.5M, bringing their total to 601,550 BTC.
An unknown BTC whale controlling over 80,000 BTC has transferred 40,009 BTC to Galaxy Digital for an OTC sale, with another 40,192 BTC still in possession.
The White House successfully passes all three crypto bills: the GENIUS Act, the Clarity Act and the Anti-CBDC Surveillance State Act.
NARRATIVE OF THE WEEK š°
Leading ETH treasury company, SharpLink Gaming, acquires 74,656 ETH over the past week, bringing their total holdings to 280,706 ETH, as the largest ETH holder.
ETH spot ETFs saw $726M in inflows in a single day, rivalling even BTC spot ETF inflows on the same day.
BitMine Immersion Technologies increases their ETH holdings to over 300K ETH, or $1B worth, under the guidance of Tom Lee from Fundstrat.
MAJOR PROJECT UPDATES šļø
Coinbase Wallet introduces Base App, an improved version of the #coinbase wallet, enabling users to access apps, create, earn, trade and chat with friends, all within the wallet interface.
Stablecoin L1, #Plasma , opens their public token sale, which will remain open until 28th July. The Plasma testnet has also been launched, enabling developers to begin building on the chain.
#Cosmos introduces their roadmap for the next six months, focusing on the development and expansion of the IBC network to support the inflow of Web2 institutions exploring the Cosmos.
#SONIC Labs introduces Spoark, an AI-powered app to enable anyone to build and launch Web3 applications with no code.
$BTC $ETH
Highlights this week:
Michael Saylorās Strategy acquires 4,225 BTC for a total of $472.5M, bringing their total to 601,550 BTC.
An unknown BTC whale controlling over 80,000 BTC has transferred 40,009 BTC to Galaxy Digital for an OTC sale, with another 40,192 BTC still in possession.
The White House successfully passes all three crypto bills: the GENIUS Act, the Clarity Act and the Anti-CBDC Surveillance State Act.
NARRATIVE OF THE WEEK š°
Leading ETH treasury company, SharpLink Gaming, acquires 74,656 ETH over the past week, bringing their total holdings to 280,706 ETH, as the largest ETH holder.
ETH spot ETFs saw $726M in inflows in a single day, rivalling even BTC spot ETF inflows on the same day.
BitMine Immersion Technologies increases their ETH holdings to over 300K ETH, or $1B worth, under the guidance of Tom Lee from Fundstrat.
MAJOR PROJECT UPDATES šļø
Coinbase Wallet introduces Base App, an improved version of the #coinbase wallet, enabling users to access apps, create, earn, trade and chat with friends, all within the wallet interface.
Stablecoin L1, #Plasma , opens their public token sale, which will remain open until 28th July. The Plasma testnet has also been launched, enabling developers to begin building on the chain.
#Cosmos introduces their roadmap for the next six months, focusing on the development and expansion of the IBC network to support the inflow of Web2 institutions exploring the Cosmos.
#SONIC Labs introduces Spoark, an AI-powered app to enable anyone to build and launch Web3 applications with no code.
$BTC $ETH
š„ #CoinRank Weekly Crypto Report | (June 16āJune 21)
šØ Crypto platform #Infini discontinues all card products (Global, Lite, Tech) effective immediately due to rising compliance costs. Automatic refunds within 10 days.
š° Bitcoin Layer 2 #Plasma raises $1B through $XRP token sales, targeting late summer 2025 launch with zero-fee stablecoin transfers. Backed by Tether CEO & Peter Thiel.
š„ #Trump calls Fed Chair Powell "Mr. Too Late" on Truth Social, pressuring for rate cuts during second term campaign.
š $LABUBU meme coin surges 54% to $55M market cap, riding Pop Mart character's Asian popularity promoted by #BLACKPINK's Lisa.
š #Fed holds rates steady at 4.25-4.50% for fourth consecutive meeting. September cut probability rises to 71%.
š¦ JD.com plans stablecoin launch by Q4 2025 pending Hong Kong HKMA approval, targeting HKD/USD-pegged public-chain token.
šØ Crypto platform #Infini discontinues all card products (Global, Lite, Tech) effective immediately due to rising compliance costs. Automatic refunds within 10 days.
š° Bitcoin Layer 2 #Plasma raises $1B through $XRP token sales, targeting late summer 2025 launch with zero-fee stablecoin transfers. Backed by Tether CEO & Peter Thiel.
š„ #Trump calls Fed Chair Powell "Mr. Too Late" on Truth Social, pressuring for rate cuts during second term campaign.
š $LABUBU meme coin surges 54% to $55M market cap, riding Pop Mart character's Asian popularity promoted by #BLACKPINK's Lisa.
š #Fed holds rates steady at 4.25-4.50% for fourth consecutive meeting. September cut probability rises to 71%.
š¦ JD.com plans stablecoin launch by Q4 2025 pending Hong Kong HKMA approval, targeting HKD/USD-pegged public-chain token.
Bitcoin-Based Stablecoin Network Plasma Raises Deposit Cap to $1B, Gets Filled in 30 Minutes
BREAKING: Plasma's $1B Deposit Cap Filled in Record Time! š
The Bitcoin-based stablecoin network Plasma has raised its deposit cap to $1 billion, and in a stunning display of demand, the cap was filled in just 30 minutes! ā±ļø
What does this mean?
This rapid influx of deposits highlights the growing interest in Bitcoin-based stablecoins and Plasma's potential to revolutionize the space. š
Key Takeaways:
- Plasma's deposit cap increased to $1 billion
- The cap was filled in record time, showcasing strong demand
- Bitcoin-based stablecoins are gaining traction
Stay tuned for more updates on Plasma and the crypto market! š
#plasma #bitcoin #crypto #blockchain
The Bitcoin-based stablecoin network Plasma has raised its deposit cap to $1 billion, and in a stunning display of demand, the cap was filled in just 30 minutes! ā±ļø
What does this mean?
This rapid influx of deposits highlights the growing interest in Bitcoin-based stablecoins and Plasma's potential to revolutionize the space. š
Key Takeaways:
- Plasma's deposit cap increased to $1 billion
- The cap was filled in record time, showcasing strong demand
- Bitcoin-based stablecoins are gaining traction
Stay tuned for more updates on Plasma and the crypto market! š
#plasma #bitcoin #crypto #blockchain
Record-Breaking Interest in Plasma's Token Sale ā³ļøš°āļøš¤
š¹Bitcoin-Backed Stablecoin Network Sees Massive Influx
The Plasma stablecoin network, backed by Bitcoin, has attracted a staggering $500 million in deposits ahead of its upcoming token sale, according to recent reports.
This overwhelming response underscores the growing demand for stablecoin solutions and the potential of Plasma's innovative approach.
š¹A New Era for Stablecoins
Plasma's Bitcoin-backed model offers a unique value proposition, providing stability and security to users.
The network's upcoming token sale is expected to further fuel its growth and adoption.
š¹Investor Confidence
The significant influx of deposits demonstrates investor confidence in Plasma's vision and technology.
As the stablecoin market continues to evolve, Plasma is well-positioned to capitalize on the trend.
š¹What's Next
With the token sale on the horizon, Plasma is poised to take the stablecoin market by storm.
The network's success will depend on its ability to deliver on its promises and provide a seamless user experience.
š¹Conclusion
Plasma's record-breaking deposits are a testament to the growing interest in Bitcoin-backed stablecoins.
As the network prepares for its token sale, the cryptocurrency community will be watching closely to see how it unfolds.
#MarketRebound #BTC110KSoon? #BinanceSquareTalks #BreakingCryptoNews #Plasma
The Plasma stablecoin network, backed by Bitcoin, has attracted a staggering $500 million in deposits ahead of its upcoming token sale, according to recent reports.
This overwhelming response underscores the growing demand for stablecoin solutions and the potential of Plasma's innovative approach.
š¹A New Era for Stablecoins
Plasma's Bitcoin-backed model offers a unique value proposition, providing stability and security to users.
The network's upcoming token sale is expected to further fuel its growth and adoption.
š¹Investor Confidence
The significant influx of deposits demonstrates investor confidence in Plasma's vision and technology.
As the stablecoin market continues to evolve, Plasma is well-positioned to capitalize on the trend.
š¹What's Next
With the token sale on the horizon, Plasma is poised to take the stablecoin market by storm.
The network's success will depend on its ability to deliver on its promises and provide a seamless user experience.
š¹Conclusion
Plasma's record-breaking deposits are a testament to the growing interest in Bitcoin-backed stablecoins.
As the network prepares for its token sale, the cryptocurrency community will be watching closely to see how it unfolds.
#MarketRebound #BTC110KSoon? #BinanceSquareTalks #BreakingCryptoNews #Plasma
MAJOR RECENT CRYPTO FUNDRAISING EVENTS
#HashKeyGroup #Plasma #Legend #MangoNetwork $MGO #StakeStone #GamerBoom #FrodoBotsAI #NodeGo
#HashKeyGroup #Plasma #Legend #MangoNetwork $MGO #StakeStone #GamerBoom #FrodoBotsAI #NodeGo
See original
Plasma increased the deposit limit by $500 million at night, which was raised in 30 minutes ā this is part of a large token sale that could reach $3 billion.
For Tether, this is an opportunity to capture promising markets like Africa and Latin America, where Tron currently dominates and earns $70 million a month in fees, but Tether itself has nothing from this.
Plasma could become a way to intercept this flow ā and make it profitable for Tether.
#Plasma #Tether #TRONā #crypto #Š½Š¾Š²Š¾ŃŃŠø
For Tether, this is an opportunity to capture promising markets like Africa and Latin America, where Tron currently dominates and earns $70 million a month in fees, but Tether itself has nothing from this.
Plasma could become a way to intercept this flow ā and make it profitable for Tether.
#Plasma #Tether #TRONā #crypto #Š½Š¾Š²Š¾ŃŃŠø
#CoinMarketCap Market Pulse | Weekend
Highlights this week:
Michael Saylorās Strategy acquires 4,225 BTC for a total of $472.5M, bringing their total to 601,550 BTC.
An unknown BTC whale controlling over 80,000 BTC has transferred 40,009 BTC to Galaxy Digital for an OTC sale, with another 40,192 BTC still in possession.
The White House successfully passes all three crypto bills: the GENIUS Act, the Clarity Act and the Anti-CBDC Surveillance State Act.
NARRATIVE OF THE WEEK š°
Leading ETH treasury company, SharpLink Gaming, acquires 74,656 ETH over the past week, bringing their total holdings to 280,706 ETH, as the largest ETH holder.
ETH spot ETFs saw $726M in inflows in a single day, rivalling even BTC spot ETF inflows on the same day.
BitMine Immersion Technologies increases their ETH holdings to over 300K ETH, or $1B worth, under the guidance of Tom Lee from Fundstrat.
MAJOR PROJECT UPDATES šļø
Coinbase Wallet introduces Base App, an improved version of the #coinbase wallet, enabling users to access apps, create, earn, trade and chat with friends, all within the wallet interface.
Stablecoin L1, #Plasma , opens their public token sale, which will remain open until 28th July. The Plasma testnet has also been launched, enabling developers to begin building on the chain.
#Cosmos introduces their roadmap for the next six months, focusing on the development and expansion of the IBC network to support the inflow of Web2 institutions exploring the Cosmos.
#SONIC Labs introduces Spoark, an AI-powered app to enable anyone to build and launch Web3 applications with no code.
$BTC $ETH
Highlights this week:
Michael Saylorās Strategy acquires 4,225 BTC for a total of $472.5M, bringing their total to 601,550 BTC.
An unknown BTC whale controlling over 80,000 BTC has transferred 40,009 BTC to Galaxy Digital for an OTC sale, with another 40,192 BTC still in possession.
The White House successfully passes all three crypto bills: the GENIUS Act, the Clarity Act and the Anti-CBDC Surveillance State Act.
NARRATIVE OF THE WEEK š°
Leading ETH treasury company, SharpLink Gaming, acquires 74,656 ETH over the past week, bringing their total holdings to 280,706 ETH, as the largest ETH holder.
ETH spot ETFs saw $726M in inflows in a single day, rivalling even BTC spot ETF inflows on the same day.
BitMine Immersion Technologies increases their ETH holdings to over 300K ETH, or $1B worth, under the guidance of Tom Lee from Fundstrat.
MAJOR PROJECT UPDATES šļø
Coinbase Wallet introduces Base App, an improved version of the #coinbase wallet, enabling users to access apps, create, earn, trade and chat with friends, all within the wallet interface.
Stablecoin L1, #Plasma , opens their public token sale, which will remain open until 28th July. The Plasma testnet has also been launched, enabling developers to begin building on the chain.
#Cosmos introduces their roadmap for the next six months, focusing on the development and expansion of the IBC network to support the inflow of Web2 institutions exploring the Cosmos.
#SONIC Labs introduces Spoark, an AI-powered app to enable anyone to build and launch Web3 applications with no code.
$BTC $ETH
#CMC Market Pulse | 14 Jun 2025
DEFI Brief:
Stablecoin payments blockchain, #Plasma , opens deposits for their upcoming XPL token sale. The initial cap of $500M was filled within six minutes, and the cap increase to $1B two days later was filled within 30 minutes.
Lending protocol, Morpho, unveils Morpho V2, an intent-driven lending platform powered by fixed-term and fixed-rate loans.
DEX aggregator, 1inch, introduce their new Pathfinder, advertising rates that are 6.5% better than ever before.
#Synthetix announces an expansion to launch a perp DEX on the Ethereum mainnet, after years of exploration on ETH L2s.
VC Fundraises and Airdrops š°
Web3 security protocol, Hypernative, raises $40M in a Series B funding round led by Ballistic Ventures and Ten Eleven Ventures, with support from Quantstamp, Stepstone and more.
Stablecoin payment network, Noah, raises $22M in a seed round led by LocalGlobe, with participation from Felix Capital, FJ Labs, and angels including Joe Lonsdale, David Helgason and more.
Solana Optimistic Network secures a $5M strategic funding round from Jump Crypto and Amber Group, alongside notable angel investors.
Chain abstraction protocol, OneBalance, raises $20M in a venture funding round led by cyber Fund and Blockchain Capital, with support from Mirana and L2 Iterative Ventures.
DeFi super app, Defi.App, releases their HOME token airdrop. Claimants can stake their HOME tokens for 12 months to double their airdrop.
#MakerDAO - backed lending protocol, Spark, releases the eligibility checker for Season 1 of their airdrop, rewarding users of SparkLend and holders of USDS, sUSDS, DAI, sDAI, xDAI and SAI.
$SOL $1INCH $HOME
DEFI Brief:
Stablecoin payments blockchain, #Plasma , opens deposits for their upcoming XPL token sale. The initial cap of $500M was filled within six minutes, and the cap increase to $1B two days later was filled within 30 minutes.
Lending protocol, Morpho, unveils Morpho V2, an intent-driven lending platform powered by fixed-term and fixed-rate loans.
DEX aggregator, 1inch, introduce their new Pathfinder, advertising rates that are 6.5% better than ever before.
#Synthetix announces an expansion to launch a perp DEX on the Ethereum mainnet, after years of exploration on ETH L2s.
VC Fundraises and Airdrops š°
Web3 security protocol, Hypernative, raises $40M in a Series B funding round led by Ballistic Ventures and Ten Eleven Ventures, with support from Quantstamp, Stepstone and more.
Stablecoin payment network, Noah, raises $22M in a seed round led by LocalGlobe, with participation from Felix Capital, FJ Labs, and angels including Joe Lonsdale, David Helgason and more.
Solana Optimistic Network secures a $5M strategic funding round from Jump Crypto and Amber Group, alongside notable angel investors.
Chain abstraction protocol, OneBalance, raises $20M in a venture funding round led by cyber Fund and Blockchain Capital, with support from Mirana and L2 Iterative Ventures.
DeFi super app, Defi.App, releases their HOME token airdrop. Claimants can stake their HOME tokens for 12 months to double their airdrop.
#MakerDAO - backed lending protocol, Spark, releases the eligibility checker for Season 1 of their airdrop, rewarding users of SparkLend and holders of USDS, sUSDS, DAI, sDAI, xDAI and SAI.
$SOL $1INCH $HOME
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