Lookonchain APP

App Store

Ethena Labs announces Coinbase International Site as USDe Underlying Asset Hedging Platform

8 hours ago

On July 10th, Ethena Labs made an announcement. It stated that Coinbase Pro has emerged as the most recent hedging platform for the underlying asset of USDe. "The open contracts on Coinbase Pro have recently exceeded one billion dollars. This provides significant liquidity that can be employed to hedge the underlying asset of USDe by means of appealing funding rate arrangements."
Relevant content

Fed's Daly: Considering Interest Rate Cut in the Fall, Expects Two Rate Cuts by 2025

On July 11th, San Francisco Fed President Daly expressed that she still thinks there could be two interest rate cuts this year. She also pointed out that the impact of tariffs on prices might be milder than anticipated. Daly disclosed that some businesses are in the process of negotiating to share the cost of tariffs, thus reducing the proportion passed on to end consumers. She stated that the U.S. economy is in a good state, with economic growth and consumer spending slowing down but not weakening. Inflation is moving closer to the Fed's 2% target. Daly said, "I believe there may be two interest rate cuts, but everyone's expectations have uncertainties, and we are considering implementing the cuts in the fall." (FXStreet)

4 minutes ago

Total Bitcoin Open Interest Across All Exchanges Surpasses $81 Billion, Reaching an All-Time High

On July 11th, according to Coinglass data, the total open interest of Bitcoin futures contracts across the entire network is 701,330 BTC (approximately $81.47 billion), hitting a new all-time high. Among them, the open interest of CME's Bitcoin futures is 154,220 BTC (approximately $17.91 billion), ranking first. The open interest of Binance's Bitcoin futures is 116,840 BTC (approximately $13.57 billion), ranking second.

4 minutes ago

Trader Eugene: Ethereum has historically surged past $2,800 and quickly hit $4,000. I will continue to hold a long position

On July 11th, trader Eugene posted in his personal community, saying, "As long as this time Bitcoin doesn't have a false breakout followed by a sharp drop (currently it seems unlikely, but it can't be completely excluded), Ethereum is likely to break through the key $2800 resistance level. Although I'm not sure about the specific timing (Bitcoin dominance BTC.D may continue to strengthen for a while), I believe the probability of Ethereum breaking through this resistance level has increased significantly today. In Ethereum's history, it has only broken through the $2800 level three times, and each time, the price quickly rose to around $4000. History doesn't repeat exactly, but it often rhymes similarly. I will continue to hold my long position and be ready to embark on a crazy journey."

4 minutes ago

Bitcoin remains close to $120,000, with the cryptocurrency market seeing a widespread increase.

On July 11th, with Bitcoin approaching $120,000, the cryptocurrency market witnessed a general upward trend. The total market capitalization reached $3.68 trillion, with a 24-hour increase of more than 1%. Within the ETH ecosystem, driven by ETH's breakthrough to $3,000, major assets all saw gains. In the past 24 hours, ETHfi showed a 9% increase. In the meme coin sector, spurred by the upcoming coin launch on Pump.fun, mainstream meme coins in the Solana ecosystem also rose. Fartcoin's market capitalization returned to $1.3 billion, with a 24-hour increase of 19%. Regarding exchange platform tokens, Hyperliquid's HYPE token is approaching its historical high. It is currently trading at $44, with a 24-hour increase of 8%. BNB saw a 24-hour increase of 2.6%.

4 minutes ago

ETH Surges Above $3,000, First Time Since February, with a 24-hour Gain of 8.8%

On July 11th, based on HTX market data, ETH rose above $3000. This is the first time since February of this year. It witnessed a 24-hour increase of 8.8%.

4 minutes ago

If Bitcoin breaks $114,000, the mainstream CEX cumulative short liquidation pressure will reach $956 million

On July 11th, according to Coinglass data, in the event that Bitcoin breaks through $114,000, the total short liquidation intensity on mainstream CEXs will reach $956 million. Conversely, if Bitcoin drops below $110,000, the total long liquidation intensity on mainstream CEXs will reach $2.4 billion. BlockBeats Note: The liquidation chart does not disclose the exact number of contracts to be liquidated or the precise value of the contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to neighboring liquidation clusters, that is, the intensity.

4 minutes ago