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Cryptocurrency Fear and Greed Index Rises to 71, Market Sentiment Shifts to 'Greed'

12 hours ago

On July 10th, based on alternative data, the Crypto Fear and Greed Index today is 71 (yesterday it was 66), suggesting a rising "greed" sentiment in the market. Note: The Fear and Greed Index has a threshold ranging from 0 to 100 and encompasses the following indicators: Volatility (25%) + Market Volume (25%) + Social Media Hype (15%) + Market Surveys (15%) + Bitcoin's Dominance in the Market (10%) + Google Trends Analysis (10%).
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DDC Enterprise and Animoca Brands Sign $100 Million Bitcoin Strategic Cooperation Memorandum of Understanding

On July 10th, according to official information, DDC Enterprise Limited (NYSE: DDC) made an announcement today. It stated that it has signed a non-binding Memorandum of Understanding (MoU) with Animoca Brands. The two parties will jointly formulate and implement a strategy. The purpose of this strategy is to maximize the Bitcoin asset yield of the Web3 company while effectively managing related risks. This Memorandum of Understanding has established a strategic partnership. Under this partnership, Animoca Brands will allocate up to $100 million in Bitcoin for a yield enhancement strategy that will be operated by DDC.

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Coinbase International Site Enables Over-the-Counter Settlement for Institutional Clients

On July 10th, as per Cointelegraph, Coinbase International Exchange has linked up with Copper's ClearLoop network in order to offer over-the-counter settlement services to institutional clients. This is in response to the "robust" demand in the market for a more efficient and secure trading infrastructure. This collaborative effort will allow institutional clients to handle collateral almost in real time and settle trades without the need to transfer funds onto the trading platform.

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Tether Mints 1 Billion USDT

On July 10th, based on on-chain data, Tether has just issued an additional 1 billion USDT on the Tron network.

1 seconds ago

Trader Eugene: The pump.fun public sale is not worth paying attention to, as there are far more promising opportunities in the market

On July 10th, Trader Eugene posted in his personal community, expressing, "My perspective on pump.fun is extremely straightforward: simply disregard it. It has been overly analyzed to such an extent that there is no novelty left. No matter at what price it begins to trade, a $40 billion market capitalization seems to be a heavy burden weighing down the token price." Now, there are far too many opportunities in the market that are more promising and offer non-linear returns. These opportunities are much more worthy of attention than it. Don't squander any more brain cells on something that everyone is already thinking about.

1 seconds ago

YZi Labs Announces Strategic Investment in Blockchain Infrastructure Platform Aspecta

On July 10th, according to official information, YZi Labs made a strategic investment in the blockchain infrastructure platform Aspecta. This platform offers price discovery and lifecycle liquidity for illiquid assets such as pre-IPO stocks, locked tokens, private equity, and risk-weighted assets.

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Stablecoin startup Agora has completed a $50 million Series A funding round, with Paradigm leading the investment.

On July 10th, according to Fortune magazine, the stablecoin startup Agora has successfully completed a Series A funding round worth $50 million, with Paradigm taking the lead. It is reported that Agora intends to utilize this funding to promote the development of its native stablecoin, AUSD. AUSD is a cryptocurrency that is pegged to assets like the US dollar. Additionally, Agora offers white-label services, enabling other companies to launch their own branded versions of AUSD while reaping the benefits of the stablecoin's interoperability and liquidity advantages.

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