Lookonchain APP

App Store
Feeds Articles

The Avalanche Foundation is planning to raise $1 billion to support a cryptocurrency treasury company.

4 hours ago

On September 11th, as reported by the Financial Times, the Avalanche Foundation is in the process of planning to raise approximately $1 billion by establishing two cryptocurrency treasury companies within the United States. The foundation has carried out in-depth discussions with investors regarding the establishment of a new digital asset treasury company and the transformation of an existing Nasdaq-listed company into a treasury company. The funds to be raised will be utilized to purchase a significant amount of AVAX tokens from the Avalanche Foundation at a discounted price. The first project is being led by Hivemind Capital and aims to raise up to $500 million in a Nasdaq-listed company, with cryptocurrency investor and former White House Press Secretary Anthony Scaramucci serving as an advisor. The second project is initiated by Dragonfly Capital's SPAC and is targeting another $500 million.
Add to Favorites Download image Share x Copy link
Relevant content

Rise in Some Play-to-Earn Sector Tokens, Fusionist (ACE) Surges Over 60% in a Single Day

September 11th. Currently, among some tokens in the blockchain gaming sector, Fusionist (ACE) has witnessed gains. In the past 24 hours, it has surged by more than 60%. ACE has achieved a 24-hour gain of 60.1% and is now trading at $0.8488. PIXEL has seen a 24-hour gain of 25.23% and is currently trading at $0.03952. YGG has had a 24-hour gain of 16.2% and is now trading at $0.1778.

6 minutes ago

Tonight at 8:30 PM (UTC), the US CPI data for August will be released, and after the last three data releases, Bitcoin has experienced a decline.

Update: At 20:30 Beijing time on September 11th, the US August CPI data will be released. The market generally anticipates a non-seasonally adjusted CPI year-on-year rate of 2.9%. It is worth noting that after the latest three CPI data releases (June, July, August), Bitcoin has witnessed varying degrees of decline (9-13%).

6 minutes ago

The Layer 2 protocol Karak Network has announced that its token ticker has been updated to GDP.

On September 11th, as per an official announcement, the Delegated Proof of Stake (DPoS) protocol Karak Network announced that its token code has been updated to GDP. The announcement noted that the forthcoming GDP token will act as the fundamental asset of the Karak ecosystem. Alongside blue-chip crypto assets like Bitcoin, stablecoins, and high-quality Risk Weighted Assets (RWA), it will offer stability and trust to the economics of the specialized Layer 1 blockchain network.

6 minutes ago

Teaser: Tonight at 8:15 PM, the European Central Bank will announce its interest rate decision, with the market expecting rates to remain unchanged

September 11th, Beijing time, Thursday, 20:15. The European Central Bank is set to announce its interest rate decision. Subsequently, at 20:45, ECB President Lagarde will hold a press conference. Investors anticipate that the European Central Bank will maintain interest rates unchanged on Thursday as the inflation level meets its target. However, the complex trade and political situations imply that there still remains a possibility of further easing. Nevertheless, the discussion focuses solely on the marginal issue of whether another rate cut is necessary, indicating that the ECB has largely concluded its monetary policy adjustments and rates are likely to remain close to the current levels for an extended period. (Jinshi)

6 minutes ago

Shitcoin Season Index hits near 90-day high, currently at 67.

On September 11th, according to Coinmarketcap data, the Altcoin Season Index has increased to 67, reaching a nearly 90-day high. This index shows that in the past 90 days, approximately 67 projects among the top 100 cryptocurrencies by market capitalization have performed better than Bitcoin in terms of price.

6 minutes ago

Statistics: Trend Research holds a total of 152,000 ETH, with an average cost of approximately $2,869 per ETH

On September 11th, according to Ashes Monitoring, the current amount of ETH held by Trend Research has increased to approximately 152,000 ETH (equivalent to 673 million US dollars), with an average cost of around $2,869. Before this, about 1 hour ago, the Trend Research address once again used leverage to purchase 9,377 ETH.

6 minutes ago

Hot feeds

A trader profits $448K by monitoring #Binance's new listings!

2024.12.13 17:37:29

A smart #AI coin trader made $17.6M on $GOAT, $ai16z, $Fartcoin,$arc.

2025.01.05 16:05:18

A $PEPE whale that had been dormant for 600 days transferred all 2.1T $PEPE($52M) to a new address.

2024.12.14 10:35:27

A sniper earned 2,277 $ETH ($8.3M) trading $SHIRO within 18 hours!

2024.12.03 23:09:08

Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.

2024.12.16 14:48:36

A whale exchanged WIF and Bonk positions for Fartcoin!

2024.12.25 11:01:14

 More

Hot Articles

Follow us

X

Follow

Telegram

Join