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Tongjun Coin Circle Daily Quick Reading 2024-9-281. BlackRock Ethereum ETF's asset size exceeds $1 billion 🥩This Ethereum ETF ranks in the top 20% among more than 3,700 ETFs. Its asset size has grown rapidly in just 2 months, which may attract more investors to enter the Ethereum market. 2. Hippo $MooDeng’s market value exceeds 300 million Mg 🍗It has become the 215th largest currency on the Coingecko platform. The price of the penguin baby $PESTO has risen and its market value is approaching 20 million US dollars. The Mars concept currency $TERMINUS has risen nearly 350 times in a single week and has been hyped up. It is necessary to carefully assess the risks. 3. TAO Foundation: GPU rental platform Fish is about to launch a new subnet 🍟Providing GPU rental services, the Fish platform will provide scalable computing resources for validators and users, and users can use TAO tokens to pay on the Fish platform.

Tongjun Coin Circle Daily Quick Reading 2024-9-28

1. BlackRock Ethereum ETF's asset size exceeds $1 billion
🥩This Ethereum ETF ranks in the top 20% among more than 3,700 ETFs. Its asset size has grown rapidly in just 2 months, which may attract more investors to enter the Ethereum market.
2. Hippo $MooDeng’s market value exceeds 300 million Mg
🍗It has become the 215th largest currency on the Coingecko platform. The price of the penguin baby $PESTO has risen and its market value is approaching 20 million US dollars. The Mars concept currency $TERMINUS has risen nearly 350 times in a single week and has been hyped up. It is necessary to carefully assess the risks.
3. TAO Foundation: GPU rental platform Fish is about to launch a new subnet
🍟Providing GPU rental services, the Fish platform will provide scalable computing resources for validators and users, and users can use TAO tokens to pay on the Fish platform.
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Tongjun Coin Circle Daily Quick Reading 2024-9-31. 21Shares parent company 21.co launches its packaged Bitcoin product 21BTC 🐣21.co has partnered with Flow Traders to launch 21BTC, allowing customers to feel safe as they explore new opportunities on the Ethereum blockchain, storing the underlying assets securely in cold wallets without the need for cross-chain bridges. 2. BNB staking platform BNB.xyz is launched 🙉BNB.xyz is a newly launched all-in-one on-chain platform designed to connect and maximize returns on CeFi BNB and DeFi BNB. Core contributors include Lista DAO, PancakeSwap, and BNB Chain. 3. Crypto lending institution Nexo upgrades compliance measures 🦁Nexo has reopened registration for UK customers and has partnered with Gateway 21 to provide a cooling-off period and risk warnings to UK customers. They are required to complete an investor classification questionnaire and suitability assessment before they can use the platform.

Tongjun Coin Circle Daily Quick Reading 2024-9-3

1. 21Shares parent company 21.co launches its packaged Bitcoin product 21BTC
🐣21.co has partnered with Flow Traders to launch 21BTC, allowing customers to feel safe as they explore new opportunities on the Ethereum blockchain, storing the underlying assets securely in cold wallets without the need for cross-chain bridges.
2. BNB staking platform BNB.xyz is launched
🙉BNB.xyz is a newly launched all-in-one on-chain platform designed to connect and maximize returns on CeFi BNB and DeFi BNB. Core contributors include Lista DAO, PancakeSwap, and BNB Chain.
3. Crypto lending institution Nexo upgrades compliance measures
🦁Nexo has reopened registration for UK customers and has partnered with Gateway 21 to provide a cooling-off period and risk warnings to UK customers. They are required to complete an investor classification questionnaire and suitability assessment before they can use the platform.
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Issuing Tokens by Blockchain Projects Does Not Mean It Is Illegal|Mankiw's Web3 Legal EducationWritten by: Liu Honglin, Attorney at Mankiw LLP In the eyes of the vast majority of Web3 practitioners, decentralization can be absent, but tokens are a must. The reason is that, in addition to the tamper-proof and privacy protection supported by the underlying technology, blockchain can also provide timely and effective incentives to multiple network participants through tokens, thus achieving the ideal state of distribution according to work. In addition to this ideal blueprint, another reason why tokens are so popular is that they have received widespread attention as an important means of financing. In 2017, the relevant regulatory authorities in mainland China issued the well-known "94 Document", which clearly restricted the issuance and financing of tokens, especially the public fundraising through the initial coin offering (ICO), which was expressly prohibited. In 2017, a white paper was enough to raise millions of dollars in financing, and the entire industry was filled with a fanatical and disorderly atmosphere. The issuance of the 94 document is undoubtedly reasonable, because its core purpose is to prevent illegal fundraising, pyramid schemes and other behaviors that disrupt the financial order. However, this document has also caused many practitioners to misunderstand: as long as the project party issues tokens, it is illegal and may even involve criminal offenses. This view is not only widely spread inside and outside the industry, but even some legal practitioners and regulators hold similar views.

Issuing Tokens by Blockchain Projects Does Not Mean It Is Illegal|Mankiw's Web3 Legal Education

Written by: Liu Honglin, Attorney at Mankiw LLP
In the eyes of the vast majority of Web3 practitioners, decentralization can be absent, but tokens are a must.
The reason is that, in addition to the tamper-proof and privacy protection supported by the underlying technology, blockchain can also provide timely and effective incentives to multiple network participants through tokens, thus achieving the ideal state of distribution according to work. In addition to this ideal blueprint, another reason why tokens are so popular is that they have received widespread attention as an important means of financing.
In 2017, the relevant regulatory authorities in mainland China issued the well-known "94 Document", which clearly restricted the issuance and financing of tokens, especially the public fundraising through the initial coin offering (ICO), which was expressly prohibited. In 2017, a white paper was enough to raise millions of dollars in financing, and the entire industry was filled with a fanatical and disorderly atmosphere. The issuance of the 94 document is undoubtedly reasonable, because its core purpose is to prevent illegal fundraising, pyramid schemes and other behaviors that disrupt the financial order. However, this document has also caused many practitioners to misunderstand: as long as the project party issues tokens, it is illegal and may even involve criminal offenses. This view is not only widely spread inside and outside the industry, but even some legal practitioners and regulators hold similar views.
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Tongjun Coin Circle Daily Quick Reading 2024-10-101. Optimistic 10 million OP airdrop may cause price to rise by 64% 🙈Optimistic price shows an upward trend, and the recent fifth airdrop attracted more attention. The price prediction shows that optimistic may challenge the resistance level with a target price of $3.17. 2. Uniswap reveals plans to launch Ethereum’s second layer network Unichain 🐹Built based on Optimism technology, the goal is to reduce costs, increase transaction speed, increase liquidity of each chain, and obtain more cross-chain liquidity and decentralization. 3. Ronin Gaming Network adopts Chainlink protocol to improve the security of Ethereum bridge

Tongjun Coin Circle Daily Quick Reading 2024-10-10

1. Optimistic 10 million OP airdrop may cause price to rise by 64%
🙈Optimistic price shows an upward trend, and the recent fifth airdrop attracted more attention. The price prediction shows that optimistic may challenge the resistance level with a target price of $3.17.
2. Uniswap reveals plans to launch Ethereum’s second layer network Unichain
🐹Built based on Optimism technology, the goal is to reduce costs, increase transaction speed, increase liquidity of each chain, and obtain more cross-chain liquidity and decentralization.
3. Ronin Gaming Network adopts Chainlink protocol to improve the security of Ethereum bridge
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Tongjun Coin Circle Daily Quick Reading 2024-10-181. PEPE prices increased by 32% 🍊But the key network indicator NVT ratio has soared, and the price may be overvalued and face downward pressure. It is currently facing resistance at $0.00001146. If it fails to break through the resistance, it may fall to $0.00000839 and lose its recent gains. 2. Plasma completes $3.5 million in financing 🍋Led by Bitfinex, the goal is to expand access to USDT stablecoins, support Bitcoin payment network gas fees, and integrate Ethereum's account model. 3. Solana Chain Wukong launches the "Solana Chain Maximum Zero Turn Airdrop Plan" 🍐Users only need to send 0.00001 SOL to get 288 Wukong tokens, a total of 100,000 places. NFT's MINT will be carried out on October 23. Holders of NFT can get token airdrops and participate in token mining.

Tongjun Coin Circle Daily Quick Reading 2024-10-18

1. PEPE prices increased by 32%
🍊But the key network indicator NVT ratio has soared, and the price may be overvalued and face downward pressure. It is currently facing resistance at $0.00001146. If it fails to break through the resistance, it may fall to $0.00000839 and lose its recent gains.
2. Plasma completes $3.5 million in financing
🍋Led by Bitfinex, the goal is to expand access to USDT stablecoins, support Bitcoin payment network gas fees, and integrate Ethereum's account model.
3. Solana Chain Wukong launches the "Solana Chain Maximum Zero Turn Airdrop Plan"
🍐Users only need to send 0.00001 SOL to get 288 Wukong tokens, a total of 100,000 places. NFT's MINT will be carried out on October 23. Holders of NFT can get token airdrops and participate in token mining.
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Tongjun Coin Circle Daily Quick Read 2024-11-051. Trump Media & Technology Group (DJT.O) stock price rose over 15% 🍳 Today's opening price is $37.50 and the current trading price is $39.46, up 15.08%, attracting investors' attention and driving an increase in market trading volume. 2. THORChain (RUNE) erroneous breakout led to a 9% price drop 🧇 Trading price is $4.50, negative funding rates support bearish outlook, RSI has dropped to 41.42 indicating reduced demand, which may lead to a price drop to $2.53. 3. Bitcoin mining difficulty has surpassed 100T for the first time 🧀 Greater pressure on small miners, Bitcoin hash rate reaches a historical high seven-day moving average of 755 EH/s, difficulty adjustments are frequent, with nearly 60% of the time seeing increased difficulty.

Tongjun Coin Circle Daily Quick Read 2024-11-05

1. Trump Media & Technology Group (DJT.O) stock price rose over 15%
🍳 Today's opening price is $37.50 and the current trading price is $39.46, up 15.08%, attracting investors' attention and driving an increase in market trading volume.
2. THORChain (RUNE) erroneous breakout led to a 9% price drop
🧇 Trading price is $4.50, negative funding rates support bearish outlook, RSI has dropped to 41.42 indicating reduced demand, which may lead to a price drop to $2.53.
3. Bitcoin mining difficulty has surpassed 100T for the first time
🧀 Greater pressure on small miners, Bitcoin hash rate reaches a historical high seven-day moving average of 755 EH/s, difficulty adjustments are frequent, with nearly 60% of the time seeing increased difficulty.
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Boyaa Interactive announced an investment of 100 bitcoins in Web3 infrastructure company MTT Esports #web3动态 $BTC
Boyaa Interactive announced an investment of 100 bitcoins in Web3 infrastructure company MTT Esports

#web3动态 $BTC
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Web3.0/Mining Binance web3 wallet, the number of users participating in the first phase of megadrop is used as a reference to roughly understand how many real users there are in the airdrop group in the coin circle. At the end of the first phase, there were more than 800,000 users. These more than 800,000 real users already include batch KYC studios, multi-wallet addresses, etc. This shows that the real number of active people in the airdrop group in the coin circle is about 800,000 to 1 million. Bian web3 new area has launched a Defi project LISTA, Lista is a liquid pledge and decentralized stablecoin protocol supported by LSDfi; How to play: Staking BNB lock-up can choose a period of 30 to 120 days. The European and Italian new area has been silent for many years and has also launched a new Al section game project ULT!, which has a bit of background and can stake ETH and BTC to obtain mining coins. Have you joined this wave of mining? There are new news every day, click to follow and don’t get lost! You are welcome to inquire at any time. $BTC $ETH #web3动态
Web3.0/Mining
Binance web3 wallet, the number of users participating in the first phase of megadrop is used as a reference to roughly understand how many real users there are in the airdrop group in the coin circle.
At the end of the first phase, there were more than 800,000 users. These more than 800,000 real users already include batch KYC studios, multi-wallet addresses, etc. This shows that the real number of active people in the airdrop group in the coin circle is about 800,000 to 1 million.
Bian web3 new area has launched a Defi project LISTA, Lista is a liquid pledge and decentralized stablecoin protocol supported by LSDfi;
How to play: Staking BNB lock-up can choose a period of 30 to 120 days. The European and Italian new area has been silent for many years and has also launched a new Al section game project ULT!, which has a bit of background and can stake ETH and BTC to obtain mining coins. Have you joined this wave of mining?

There are new news every day, click to follow and don’t get lost! You are welcome to inquire at any time. $BTC $ETH #web3动态
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Tongjun Coin Circle Daily Quick Reading 2024-10-171. ZKsync’s new proposal plans to distribute 300 million ZK tokens to DeFi users 🍭Released the governance proposal "ZKsync Ignite", planning to transform ZKsync Era into the liquidity center of Elastic Chain. The proposal aims to promote the development and expansion of the ZKsync ecosystem. 2. Ethereum game "Moonray" lands on PS5 🍬Will not include encryption functions. Through the "Play Airdrop" event on PC through the Epic Games Store, players can earn MNRY tokens by completing challenges, and players who own game NFTs can also receive additional rewards. 3. Solv Protocol launches new LST: SolvBTC.JUP 🍫Provides an 8% annualized rate of return based on Bitcoin. The underlying income comes from Jupiter, a decentralized exchange on the Solana network, and has attracted more than 13 million US dollars in pledged funds.

Tongjun Coin Circle Daily Quick Reading 2024-10-17

1. ZKsync’s new proposal plans to distribute 300 million ZK tokens to DeFi users
🍭Released the governance proposal "ZKsync Ignite", planning to transform ZKsync Era into the liquidity center of Elastic Chain. The proposal aims to promote the development and expansion of the ZKsync ecosystem.
2. Ethereum game "Moonray" lands on PS5
🍬Will not include encryption functions. Through the "Play Airdrop" event on PC through the Epic Games Store, players can earn MNRY tokens by completing challenges, and players who own game NFTs can also receive additional rewards.
3. Solv Protocol launches new LST: SolvBTC.JUP
🍫Provides an 8% annualized rate of return based on Bitcoin. The underlying income comes from Jupiter, a decentralized exchange on the Solana network, and has attracted more than 13 million US dollars in pledged funds.
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Tongjun Coin Circle Daily Quick Reading 2024-9-141. BTC briefly breaks through 60,000 USDT 🥥Institutions have stopped their stablecoin purchases, which could cause Bitcoin price to fall below the 20-day exponential moving average at $59,555 in the short term, failing to break through the critical resistance level. 2. CATIZEN airdrop interface has been officially opened 🍅The team did not unlock tokens in TGE. 5% of the TGE share belongs to the community to provide liquidity. The Stake to Earn interface is also opened at the same time, and users can participate in mining to earn rewards. 3. TVL of perpetual contract DEX KiloEx on Manta has exceeded 13 million US dollars 🍈The total TVL exceeds 33 million US dollars, supporting a variety of mainstream assets. Users can obtain real income and daily points rewards through staking, and super recharge activities are in progress.

Tongjun Coin Circle Daily Quick Reading 2024-9-14

1. BTC briefly breaks through 60,000 USDT
🥥Institutions have stopped their stablecoin purchases, which could cause Bitcoin price to fall below the 20-day exponential moving average at $59,555 in the short term, failing to break through the critical resistance level.
2. CATIZEN airdrop interface has been officially opened
🍅The team did not unlock tokens in TGE. 5% of the TGE share belongs to the community to provide liquidity. The Stake to Earn interface is also opened at the same time, and users can participate in mining to earn rewards.
3. TVL of perpetual contract DEX KiloEx on Manta has exceeded 13 million US dollars
🍈The total TVL exceeds 33 million US dollars, supporting a variety of mainstream assets. Users can obtain real income and daily points rewards through staking, and super recharge activities are in progress.
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Tongjun Coin Circle Daily Quick Reading 2024-8-191. Today, the US Bitcoin ETF has a net inflow of 2,139 BTC 🌈Ethereum ETF had a net outflow of 9,788 ETH. Ethereum supply growth may suppress price increases. 94% of the total Bitcoin supply has been issued. 2. Bitwise acquires London ETP provider ETC Group to enter Europe ☀️ETC Group offers 9 exchange-traded products listed in Europe, including physical Bitcoin products and collateralized Ethereum ETPs, with $1 billion in assets under management added to Bitwise's AUM. 3. Drift Protocol launches prediction market B.E.T. in Solana ⭐️Will be launched on the Solana blockchain. The first prediction market will focus on the results of the US election. More market categories including sports, cryptocurrency and culture are planned to be launched in the future.

Tongjun Coin Circle Daily Quick Reading 2024-8-19

1. Today, the US Bitcoin ETF has a net inflow of 2,139 BTC
🌈Ethereum ETF had a net outflow of 9,788 ETH. Ethereum supply growth may suppress price increases. 94% of the total Bitcoin supply has been issued.
2. Bitwise acquires London ETP provider ETC Group to enter Europe
☀️ETC Group offers 9 exchange-traded products listed in Europe, including physical Bitcoin products and collateralized Ethereum ETPs, with $1 billion in assets under management added to Bitwise's AUM.
3. Drift Protocol launches prediction market B.E.T. in Solana
⭐️Will be launched on the Solana blockchain. The first prediction market will focus on the results of the US election. More market categories including sports, cryptocurrency and culture are planned to be launched in the future.
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Tongjun Coin Circle Daily Quick Reading 2024-9-51. Copper token wallet transfers about 59,832 ETH to OKX 🦉The total value is approximately US$143.23 million, which may indicate some trading activity or strategy adjustment. Large capital flows between exchanges are often regarded as important signals of market trends. 2. Pump.fun regains its lead over Tron’s SunPump 🦇SunPump created 1,658 more tokens than Pump.fun in 24 hours, and then dropped to 1,258 tokens, a drop of 83%. Celebrity token launches may attract more attention and sales. 3. Vaibhav Chellani published the Socket Protocol White Paper 🦅Socket is a chain abstraction framework that simplifies blockchain interactions, focuses on an application-centric approach, and uses Chain Abstraction Packets (CAP) to handle cross-network transactions.

Tongjun Coin Circle Daily Quick Reading 2024-9-5

1. Copper token wallet transfers about 59,832 ETH to OKX
🦉The total value is approximately US$143.23 million, which may indicate some trading activity or strategy adjustment. Large capital flows between exchanges are often regarded as important signals of market trends.
2. Pump.fun regains its lead over Tron’s SunPump
🦇SunPump created 1,658 more tokens than Pump.fun in 24 hours, and then dropped to 1,258 tokens, a drop of 83%. Celebrity token launches may attract more attention and sales.
3. Vaibhav Chellani published the Socket Protocol White Paper
🦅Socket is a chain abstraction framework that simplifies blockchain interactions, focuses on an application-centric approach, and uses Chain Abstraction Packets (CAP) to handle cross-network transactions.
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Big moves are coming! Today, Powell attended the meeting again, and the market paid close attention to the Federal Reserve's decision to cut interest rates. Has the time for a rate cut arrived? At the meeting, Powell encouraged banks to work with the Fed to avoid a lengthy legal dispute with the Biden administration's signature capital package. At present, the market trend is stable and rising, and Bitcoin has successfully stood firm at the $59,000 mark. In this context, I would like to recommend a project worthy of your attention: CARV, a project that is deeply integrated with Web3 and launched an airdrop of US$50 million! ### CARV Project Highlights - **Data Sovereignty**: CARV users have complete control over their data, ensuring privacy and security. By sharing and leveraging data, users can gain financial benefits. - **Personalized Service**: With the help of CARV AI Agent, users can enjoy personalized game companion services to enhance the overall gaming experience. - **Data Monetization**: The CARV protocol allows users to convert data into economic benefits and realize data monetization while protecting privacy. - **Community and Ecology**: CARV community activity continues to increase, laying a solid foundation for project development and ecological construction. With the launch of the mainnet, CARV's market value and influence will be further enhanced, and it will gradually become one of the industry leaders. ### Future prospects CARV has broad development prospects. Its agreement is expected to promote changes in the way data is shared and used in the gaming and AI fields and build a new data ecosystem. The future of CARV is infinitely broad! Participate in Web3's CARV event immediately and simply sign in to get a chance to receive generous surprises. Airdrops are ongoing, let us welcome this new era of data sovereignty together! #web3动态 #WBTC #Ripple于诉讼中取得部分胜利
Big moves are coming!
Today, Powell attended the meeting again, and the market paid close attention to the Federal Reserve's decision to cut interest rates.
Has the time for a rate cut arrived?
At the meeting, Powell encouraged banks to work with the Fed to avoid a lengthy legal dispute with the Biden administration's signature capital package.
At present, the market trend is stable and rising, and Bitcoin has successfully stood firm at the $59,000 mark.
In this context, I would like to recommend a project worthy of your attention: CARV, a project that is deeply integrated with Web3 and launched an airdrop of US$50 million!
### CARV Project Highlights
- **Data Sovereignty**: CARV users have complete control over their data, ensuring privacy and security. By sharing and leveraging data, users can gain financial benefits.
- **Personalized Service**: With the help of CARV AI Agent, users can enjoy personalized game companion services to enhance the overall gaming experience.
- **Data Monetization**: The CARV protocol allows users to convert data into economic benefits and realize data monetization while protecting privacy.
- **Community and Ecology**: CARV community activity continues to increase, laying a solid foundation for project development and ecological construction. With the launch of the mainnet, CARV's market value and influence will be further enhanced, and it will gradually become one of the industry leaders.
### Future prospects
CARV has broad development prospects. Its agreement is expected to promote changes in the way data is shared and used in the gaming and AI fields and build a new data ecosystem.
The future of CARV is infinitely broad!
Participate in Web3's CARV event immediately and simply sign in to get a chance to receive generous surprises. Airdrops are ongoing, let us welcome this new era of data sovereignty together!
#web3动态 #WBTC #Ripple于诉讼中取得部分胜利
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Tongjun Coin Circle Daily Quick Reading 2024-9-41. ETH falls below $2,400 🦁The 24-hour decline reached 5.55%. In the past 24 hours, the liquidation amount of long orders was US$169 million, and the liquidation amount of short orders was US$25.4897 million. 2. Illiquid Bitcoin Entities Now Control 74% of BTC Circulating Supply 🦊Illiquid Bitcoin entities hold 14.61 million BTC, worth more than $826 million, with the price currently at $56,600. The bull market momentum has slowed down. 3. Mysten Labs co-founder: Sui is testing the ability to provide offline crypto trading via radio waves 🐤Sui can transmit transaction information only through long-distance radio. The next step is to integrate into IoT devices, cooperate with Chip Wireless to test and consider expanding to markets such as Africa.

Tongjun Coin Circle Daily Quick Reading 2024-9-4

1. ETH falls below $2,400
🦁The 24-hour decline reached 5.55%. In the past 24 hours, the liquidation amount of long orders was US$169 million, and the liquidation amount of short orders was US$25.4897 million.
2. Illiquid Bitcoin Entities Now Control 74% of BTC Circulating Supply
🦊Illiquid Bitcoin entities hold 14.61 million BTC, worth more than $826 million, with the price currently at $56,600. The bull market momentum has slowed down.
3. Mysten Labs co-founder: Sui is testing the ability to provide offline crypto trading via radio waves
🐤Sui can transmit transaction information only through long-distance radio. The next step is to integrate into IoT devices, cooperate with Chip Wireless to test and consider expanding to markets such as Africa.
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Tongjun Coin Circle Daily Read 2024-12-051. After Bitcoin broke the $100,000 milestone, Dogecoin's price surged to a weekly high. 🌈Bitcoin continues to rise, reaching a high of $103,679. Dogecoin has increased by 163% in the past 30 days, becoming the most valuable meme coin with a price of $0.46. Shiba Inu and Pepe have also seen increases. 2. (Pixels) announces a fierce competition and offers a $4 million token reward. 🌪️A crypto farming and social game based on the Ethereum gaming network Ronin, with 8 million players. Price fluctuations are significant, but it has risen 96% in the past 30 days. 3. PancakeSwap has launched the 'all-in-one' Pump.fun competitor jump board Alts.

Tongjun Coin Circle Daily Read 2024-12-05

1. After Bitcoin broke the $100,000 milestone, Dogecoin's price surged to a weekly high.
🌈Bitcoin continues to rise, reaching a high of $103,679. Dogecoin has increased by 163% in the past 30 days, becoming the most valuable meme coin with a price of $0.46. Shiba Inu and Pepe have also seen increases.
2. (Pixels) announces a fierce competition and offers a $4 million token reward.
🌪️A crypto farming and social game based on the Ethereum gaming network Ronin, with 8 million players. Price fluctuations are significant, but it has risen 96% in the past 30 days.
3. PancakeSwap has launched the 'all-in-one' Pump.fun competitor jump board Alts.
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