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Survey Statistics: Last year, approximately 33% of Korean cryptocurrency investors were newcomers, with over half of them investing in meme coins.

2 days ago

On March 30th, based on a survey report by South Korean local agencies DeSpread and CoinNess on 3,108 South Korean crypto investors, after the cryptocurrency market became heated in 2024, new investors entering the South Korean cryptocurrency market accounted for approximately 33%. Among them, investors with less than half a year of investment experience were mainly influenced by the news of Trump's election, while those with half a year to one year of experience were mainly attracted by the approval of a Bitcoin spot ETF. Although South Korean investors are not familiar with DEX, the investment proportion in meme coins has exceeded half. This is mainly due to CEX actively listing such coins. As of February 2025, Bithumb has listed 16 meme coins, including DOGE, TRUMP, PENGU, etc., which is more active than Upbit's 6 listings. Around 75% of cryptocurrency investors in South Korea are optimistic about the Bitcoin price in 2025, with a common expectation that it will exceed 150 million South Korean Won (approximately $102,000).
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Japanese chip company Rapidus has started trial production of an AI chip.

On Tuesday, Japan's government-backed chip company Rapidus started testing the production of the next-generation chip. This marks a crucial early stage in Japan's endeavors to produce artificial intelligence components domestically. Rapidus is getting ready to mass-produce semiconductors using 2-nanometer technology in 2027, which theoretically makes it on an equal footing with TSMC in terms of chip manufacturing capabilities. The company's CEO said, "Developing 2nm technology and achieving large-scale production is extremely challenging. There will be more experiments in the future, and we will gradually reduce the error rate and gain the trust of customers." (Kyodo)

2 minutes ago

Data: Bitcoin Q2 Average Return 24.86%, Poor Performance with More Drops than Gains in the Past Five Years

On April 1st, according to Coinglass data. Looking back through history, Bitcoin typically performs well in the second quarter. Over the past 12 years, the average quarterly return is 24.86%, and the median quarterly return is 7.19%. However, its performance in the last five years has been poor, as shown below: Q2 2020: Up 42.33%; Q2 2021: Down 40.36%; Q2 2022: Down 56.2%; Q2 2023: Up 7.19%; Q2 2024: Down 11.92%. Over the past 12 years, Bitcoin has had 5 rises and 5 falls in April. The average monthly return is 12.03%, and the median monthly return is 2.81%. However, its performance in the last five years has been mediocre, as follows: April 2020: Up 34.26%; April 2021: Down 1.98%; April 2022: Down 17.3%; April 2023: Up 2.81%; April 2024: Down 14.76%.

2 minutes ago

MilkyWay: The top 2000 milkTIA holders will receive the Initia airdrop

On April 1st, the Celestia liquidity staking protocol MilkyWay announced that the first 2000 holders of milkTIA will be qualified for an airdrop of Initia on the L1 blockchain, and the airdrop lookup has been initiated. Previously reported by BlockBeats, on March 31st, Initia announced the launch of an airdrop, distributing the first 50,000,000 INIT tokens (5% of the total network supply) to network testers, advocates, and users of the technology. The breakdown of the airdrop is as follows: 89.46% for Initia Testnet participants, totaling 44,731,300 INIT; 4.50% for Interwoven Stack Partners airdrop, totaling 2,250,000 INIT; and 6.04% for Social Contributors airdrop, totaling 3,018,700 INIT. Users can now check their eligibility and claim their allocation within 30 days after the Initia mainnet launch. Initia stated that the initial set of all Initia contributors are not eligible for the airdrop, and their wallets and social accounts have been excluded from the eligibility list.

2 minutes ago

WEEX WE-Launch has launched AB and Simon's Cat, offering 10,000 USDT and 1.2 billion CAT for WXT staking.

On April 1st, WEEX announced that the platform has initiated the 94th and 95th WE-Launch projects, namely AB (AB) and Simon's Cat (CAT). Users who deposit WXT prior to 17:00 UTC+8 on April 2nd can be involved in sharing 10,000 USDT. Users who deposit WXT and/or CAT before 15:00 UTC+8 on April 3rd can participate in sharing 1,200,000,000 CAT, with the WXT and CAT pools each accounting for 50%. AB is a heterogeneous blockchain infrastructure that originated from the Newton Project launched in 2018. Simon's Cat is a widely popular book and animation series created by the British animator Simon Tofield. The brand will release the CAT token in 2024 and has been launched on the BSC chain and Solana. The project raised a total of 6.85 million US dollars through two rounds of sales, with a public sale price of 0.00278 USD for 1,000 tokens.

2 minutes ago

Affected by the "Upbit Listing" news, COMP surged over 90% to reach $79.99.

On April 1st, based on HTX market data, due to the "Upbit to List Compound (COMP) KRW Trading Pair" news, COMP witnessed a significant surge and touched $79.99. Currently, it is trading at $74, with a 24-hour increase of 90.7%.

2 minutes ago

OKX will delist MAX/USDT, KISHU/USDT, 1INCH/USD, and GRT/USD perpetual contracts

On April 1st, as per an official announcement, OKX will remove MAXUSDT, KISHUUSDT, 1INCHUSD, and GRTUSD perpetual contracts from its platform. The delisting will take place on April 8, 2025, at 4:00 PM (UTC+8).

2 minutes ago