Mt. Gox moves over $2 billion worth of Bitcoin to a fresh address

Hot projects + Market overview

I. Mainstream exchange news

• Ethena Labs has partnered with Bybit to offer USDe holders a 20% annual yield. 
• Binance Launchpool will support decentralized BNB assets via the Binance Web3 wallet.
• OKX will delist the MSN/USDT perpetual contract and the MSN/USDT margin trading pair.

II. Mainstream projects and trending events

• Morgan Creek Digital co-founder Anthony Pompliano predicts that the US will include BTC in its national balance sheet or strategic reserves in the next 10 to 15 years.
• The Mt.Gox address has transferred 33,963.8 BTC (worth about $2.248 billion), but it is unclear which exchange received these BTC for reimbursements.
• ZetaChain has introduced Fuel, a dynamic reward system that provides instant and continuous rewards.
• Jito has announced the mainnet launch of the StakeNet Steward Program.
• Solana-based on-chain AI project gm.ai has introduced a mini app for Telegram users.
• Movement Labs, the developer of the Move programming language, has joined Polygon's AggLayer.
• Lava Network, a developer of modular blockchain infrastructure, has launched its public mainnet and distributed 55 million LAVA tokens through an airdrop.
• According to The Block, the monthly trading volume of DEXs relative to CEXs has reached 14.22%, surpassing the previous record of 13.7% set in May 2023.

III. Funding news

• Mintify, an NFT startup, has raised $3.4 million in a new funding round with participation from ARCA, Cumberland, Psalion, Master Ventures, and over 50 angel investors.
• Hyperbolic, an open AI cloud service provider, has raised $7 million in seed funding, led by Polychain Capital and Lightspeed Faction.
• Liquorice, a DeFi liquidity and trading engine service provider, has completed a $1.2 million pre-seed funding round led by Greenfield Capital.
• Binance Labs has invested in aPriori, a company focused on MEV-driven liquidity staking through its incubation program.

IV. Regulatory news

• The Bahamas has introduced new digital asset regulations, explicitly banning algorithmic stablecoins. 
• The Russian Duma has passed a law legalizing crypto mining and cross-border crypto payments. 
• The US SEC is seeking to amend its complaint against Binance, including the definition of "third-party crypto asset securities."

V. Popular projects 

Market Overview

BTC has been fluctuating, with a key support level of around $65,000. 

As long as BTC holds above the $65,000 level, there is potential for it to challenge previous highs.

BTC Spot ETF Updates - July 30

Overall Data:

Total Net Inflows: $17.69 billion

Daily Net Outflows: $18.3 million

Single-Day Turnover: $1.37 billion

Proportion of BTC’s Market Value: 4.48%

Breakdown by ETF:

GBTC:

Net Asset Value: $15.89 billion

Single-Day Net Outflows: $73.60 million

Cumulative Net Outflows: $18.94 billion

Single-Day Turnover: $218 million

FBTC:

Net Asset Value: $11.91 billion

Single-Day Net Outflows: $2.88 million

Cumulative Net Inflows: $9.98 billion

Single-Day Turnover: $250 million

IBIT:

Net Asset Value: $22.53 billion

Single-Day Net Inflows: $74.87 million

Cumulative Net Inflows: $20.01 billion

Single-Day Turnover: $753 million

ETH Spot ETF Updates - July 30

Overall Data:

Total Net Outflows: $523 million

Daily Net Outflows: $84.31 million

Single-Day Turnover: $563 million

Proportion of ETH’s Market Value: 2.29%

Breakdown by ETF:

ETHE:

Net Asset Value: $6.77 billion

Single-Day Net Outflows: $120 million

Cumulative Net Outflows: $1.84 billion

Single-Day Turnover: $308 million

ETHW:

Net Asset Value: $269 million

Single-Day Net Inflows: $3.52 million

Cumulative Net Inflows: $279 million

Single-Day Turnover: $19.60 million

FETH:

Net Asset Value: $259 million

Single-Day Net Inflows: $16.36 million

Cumulative Net Inflows: $260 million

Single-Day Turnover: $43.57 million

NEIRO is up 57% 

Neiro on ETH (NEIRO), a memecoin named after Kabosu's new puppy, has surged 57% in a day. 

It has gained attention since its launch on July 29. Currently, NEIRO has over 5,300 holders and a trading volume of $23.66 million in the past 24 hours.

Brainlet is up 53%

The price of Brainlet, a memecoin originating from surreal memes, has surged 35% in the last 24 hours.

Surreal memes, also known as absurd memes, usually portray exaggerated and surreal scenarios that evoke laughter or contemplation. 

The brainlet token has reached on-chain liquidity of $820,000, and a trading volume of $5 million in the last 24 hours.

FWOG is up 27%

FWOG, a frog-themed memecoin created by meme artist @Groowut, has surged 27% in the past 24 hours.

Despite a recent sell-off by top holders, the strong community consensus has driven the price close to previous highs.

FWOG now has 7,590 holders and a 24-hour trading volume of $91.75 million.

On-chain Daily

1. yawn: yawn is a memecoin on the Ethereum chain with a style artistic similar to 'Boy’s Club'. It features a character who missed out on 'Boy’s Club' gatherings because of his love for sleeping.

Current Price: $0.00118  

Historical High: $0.00145  

6-Hour Change: +50%  

Current Market Value: $9.4M  

Official Twitter: https://x.com/yawnsworld](https://x.com/yawnsworld

2. Kendu: Kendu is a memecoin on the Ethereum chain featuring a Japanese-style dog.

Current Price: $0.000182  

Historical High: $0.000281  

24-Hour Change: +8%  

Current Market Value: $182M  

Official Twitter: https://twitter.com/kenduinu](https://twitter.com/kenduinu

3. FWOG: FWOG is a memecoin on the Solana chain, featuring a cute, long-limbed frog. It is a community-governed version of the previous memecoin flog and has gained support from notable Milady holders. Even Cole, one of the original creators of Pudgy Penguins, has expressed interest in the project.

Current Price: $0.0226  

Historical High: $0.0323  

24-Hour Change: +1832%  

Current Market Value: $22M  

Official Twitter: https://x.com/solfwog](https://x.com/solfwog

4. BRAINLET: BRAINLET is a memecoin on the Solana chain, featuring a variant of the well-known meme wojack, with an overall cult-like style.

Current Price: $0.0295  

Historical High: $0.04  

24-Hour Change: +22%  

Current Market Value: $29.5M  

Official Twitter: https://x.com/brainletCTO](https://x.com/brainletCTO

5. SCF: SCF is a memecoin on the Soalana chain, featuring a character who smokes a salmon and whose body is stuffed inside a chicken, with a cult-like aesthetic.

Current Price: $0.086  

Historical High: $0.117  

24-Hour Change: -1%  

Current Market Value: $85M  

Official Twitter: https://x.com/churchofthescf](https://x.com/churchofthescf)  

6. BTCB: BTCB is a memecoin on the Base chain with a total supply mimicking BTC's 21 million.

Current Price: $0.442  

Historical High: $2.02  

24-Hour Change: +24%  

Current Market Value: $6.9M  

Official Twitter: https://x.com/BTC__Base](https://x.com/BTC__Base

Daily Rune Observation

Gas Fee Change:

The current BTC transaction fee is 5 satoshis/byte, remaining consistently low regardless of price movements, for the past three weeks.

Today's Popular Projects:

1. ALETHEIAS•AGORA

   - Fully minted

   - Market Value: $877K

   - 24-Hour Trading Volume: $8,200

   - 24-Hour Change: +57%

   - Holding Addresses: 686

2. GOB•IS•GOB•IS•GOB

   - Fully minted

   - Market Value: $7.2M

   - 24-Hour Trading Volume: $10,897

   - 24-Hour Change: +6.3%

   - Holding Addresses: 42,484

3. LOBO•THE•WOLF•PUP

   - Fully minted

   - Market Value: $18.8M

   - 24-Hour Trading Volume: $5,361

   - 24-Hour Change: +5%

   - Holding Addresses: 57,576

Top Rune Projects Tracking:

- DOG•GO•TO•THE•MOON: Rune #3, airdrop Runes of Runestone

  - Current Price: 5.5 Sats

  - 24-Hour Change: -5.3%

  - Current Market Value: 5,560 BTC

- BAMK•OF•NAKAMOTO•DOLLAR: Synthetic dollar protocol on Bitcoin L1

  - Current Price: 5.5 Sats

  - 24-Hour Change: +2.2%

  - Current Market Value: 1,160 BTC

- RSIC•GENESIS•RUNE: Rune #8, from RSIC inscription mining project

  - Current Price: 3.97 Sats

  - 24-Hour Change: -11.5%

  - Current Market Value: 832 BTC

Performances of Today's Top Three Tracks

Payment: An overall daily increase of6.5%

1. XRP: Ripple is an open payment network aimed at creating a decentralized currency system, specializing in the development and integration of payment and real-time settlement systems. XRP facilitates faster and more secure cross-border transactions, operating on an open-source, peer-to-peer decentralized platform that allows seamless fund transfers in any form, be it USD, JPY, Litecoin, or Bitcoin.

   - Daily Increase: +10%

   - Current Price: $0.6568

   - Current Market Value: $36.49B

   - 24-Hour Trading Volume: $2.98B

2. XLM: Stellar is a blockchain protocol designed to provide fast and cost-effective solutions for cross-border payments and asset transfers.

   - Daily Increase: +7.47%

   - Current Price: $0.1064

   - Current Market Value: $3.12B

   - 24-Hour Trading Volume: $96.59M

3. PLU: Plutons are digital currencies issued to Ethereum users, similar to cash back or frequent flyer miles. Users automatically earn a 3% PLU rebate for every Bitcoin deposit they make for purchases.

   - Daily Increase: +5.04%

   - Current Price: $2.92

   - Current Market Value: $17.72M

   - 24-Hour Trading Volume: $544K

CeFi: An overall daily increase of2.85%

1. OX: Open Exchange, launched by 3AC founder Zhu Su in April 2023, is a platform for trading spot, derivatives, and bonds on a transparent public order book. The OX token was launched in May.

   - Daily Increase: +23.13%

   - Current Price: $0.0066

   - Current Market Value: $39.24M

   - 24-Hour Trading Volume: $100.83K

2. QASH: The native currency of Quoine, now rebranded as Liquid. Liquid aims to solve liquidity issues by compiling orders and prices from exchanges around the world into a single order book, providing liquidity to users.

   - Daily Increase: +20.21%

   - Current Price: $0.02028

   - Current Market Value: $16.49M

   - 24-Hour Trading Volume: $1130

3. BMEX: The platform token of the derivatives exchange BitMEX.

   - Daily Increase: +5.93%

   - Current Price: $0.1752

   - Current Market Value: $17.48M

   - 24-Hour Trading Volume: $46K

SocialFi: An overall daily increase of 1.66%

1. SNT: Status is a decentralized browser and private messaging tool based on mobile operating systems, allowing access to Ethereum DApps on smartphones. It is available for Android and iOS.

   - Daily Increase: +4.39%

   - Current Price: $0.02594

   - Current Market Value: $102M

   - 24-Hour Trading Volume: $7.43M

2. XTM: Torum is a SocialFi ecosystem that combines social networking, NFTs, DeFi, and the metaverse.

   - Daily Increase: +3.98%

   - Current Price: $0.0373

   - Current Market Value: $7.21M

   - 24-Hour Trading Volume: $202K

3. UXLINK: A Web3 social platform and infrastructure provider aiming to transform social networks by integrating blockchain technology. UXLINK has launched a social liquidity supply system with various token staking opportunities, PoS models, and yield pools.

   - Daily Increase: +3.83%

   - Current Price: $0.1783

   - Current Market Value: Not Available

   - 24-Hour Trading Volume: $100M

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