BlockBeatNews

BlockBeats news, on July 17, according to GMGN market information, after Musk posted that "the male companion's name in Grok the humanoid companion will be Valentine," the Meme Token CHAD, previously thought to be the name of the male companion, briefly fell over 50%, with its market capitalization dropping to less than 500,000 USD, although today it once surpassed 10 million USD. BlockBeats reminds users that Meme coins generally have no actual use cases and their prices fluctuate significantly, so investment should be approached with caution.

BlockBeats news, on July 17, according to on-chain analyst Ai Yi (@ai9684xtpa), "since 2020.09, the accumulated profit from UNI swing trading has reached 21.54 million dollars in smart money" with unrealized gains of 1.862 million dollars. On 05.21, he built a position of 662,605 UNI at an average price of 5.99 dollars, and at the current price of 8.8 dollars, the current return rate is 47%.

According to BlockBeats news on July 17, monitoring by Slow Mist's Yuxian indicates that the Infini hacker's new address is exchanging some ETH for DAI. As of the time of publication, this address has obtained 5.87 million DAI by selling ETH.

BlockBeats news, on July 17, trader Eugene shared his Holdings, stating, "The short-term position has been reduced to the lightest it has been recently, the long-term core structure long order is still kept, and I don't plan to mess around, but I feel that most coins should pull back now." Eugene mentioned this morning that ETH has risen rapidly and has successively triggered his open orders sell points.

User X requests Grok to crack Satoshi Nakamoto's Bitcoin wallet, and Grok points out that even pooling global computing resources cannot complete this task, requiring time far exceeding the age of the universe. Musk finds this interesting, sparking discussion.

According to BlockBeats news on July 17, monitoring by Arkham shows that the address marked as "Pudgy Penguins Deployers" has transferred a total of 45.58 million USD worth of PENGU tokens to CEX through intermediary addresses in the past week. As of the time of publication, the "Pudgy Penguins Deployers" address still holds 9.541 billion PENGU tokens, valued at approximately 297.45 million USD. According to market information, PENGU has risen 740% since reaching a low of 0.003715 USD in April, currently priced at 0.03128 USD.

BlockBeats news, on July 17, Huaxia Fund (Hong Kong) announced the launch of the second batch of tokenized funds, the Huaxia US Dollar Digital Money Fund and the Huaxia Renminbi Digital Money Fund, which together with the Hong Kong Dollar Digital Money Fund approved in February this year form a complete series of tokenized currency funds. Among them, the Huaxia Renminbi Digital Money Fund is the world's first tokenized fund denominated in Renminbi.

The U.S. House of Representatives has passed three crypto assets bills, marking a significant advancement in the encryption regulatory framework. Meanwhile, the economic outlook is neutral, and Trump has hinted at a low interest rate policy. Analysts suggest BTC maintain its consolidation, follow short-term support and resistance levels.

Roam Premium eSIM has launched a new communication solution that supports calls, SMS, and high-speed data in over 160 countries worldwide. Users can activate it through the Roam App without the need for a physical SIM card, and they will be billed at local rates. The service supports various deposit methods, and in the future, payment with ROA Token will be added. Additionally, the Roam App has introduced an ad-watching feature, allowing users to earn extra rewards by watching advertisements.

The Decentralized Finance protocol World Liberty Fi (WLFI) governance token received 99% support in community voting and is expected to go live on the trading platform soon. The protocol raised approximately $590 million in a presale last year, attracting investors such as Tron founder Justin Sun.

BlockBeats news, on July 16, Pendle's sUSDe PT Token, which will expire on September 25, is about to sell out quickly after being listed on AAVE, with over 98% of the $200 million quota currently subscribed. Pendle PT (Principal Token) has become an important collateral in Decentralized Finance, with a current market capitalization of over $2.67 billion, and Aave holds over $2 billion of PT as collateral.

BlockBeats news, on July 16, according to GMGN data, a certain ai16z, ARC Whale built a position of about 2.4 million GEN tokens, and this whale previously made a profit of over 1.9 million USD in ai16z. The market capitalization of GEN Token has exceeded 15 million USD, rising more than 12% in 24 hours, with a trading volume of 1.1 million USD in 24 hours. BlockBeats