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Announcement from Ouyi on the official launch of the Initiat perpetual contract

2025-04-24 06:03

OKX will open the spot trading pair INITUSDT at 7:30 PM (UTC+8) on April 24, 2025. Project Introduction: Initia is an L1 blockchain that interweaves network infrastructure and coordinated economic mechanisms to unite application chains and unlock their full value.

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Today 2025-04-24

09:31

Crypto exchange KuCoin expands its business to the Thai market

According to Cointelegraph, the cryptocurrency exchange KuCoin will further expand into Southeast Asia and plan to launch a cryptocurrency trading platform in Thailand that offers digital assets and related products. ERX Company Ltd, Thailand's first digital token exchange regulated by the country's Securities and Exchange Commission, announced that the company has changed its name to KuCoin Thailand starting from April 22nd. The cryptocurrency exchange will operate under the ERX umbrella. Att Tongyi Asavanund, CEO of ERX, stated, "We are strengthening our ability to provide localized solutions for the Thai market." Existing ERX users have migrated to the new KuCoin Thailand platform, and the KuCoin TH application is available on Android and iOS.

09:30

Hot search list: DEEP popularity rises, 24-hour drop of 27.08%

The popularity ranking shows that DEEP's popularity has decreased by 160000 followers compared to yesterday, ranking first. The popularity ranking is as follows: ① DEEP （$0.1605，-27.08%） ② ETH （$1743.48，-2.78%） ③ SUI （$2.99，2.05%） ④ SOL （$146.68，-3.84%） ⑤ LPT （$4.94，-13.18%） DEEP's main funds have strong selling power, with a net outflow of $1.9853 million in 24 hours and a transaction volume of $672 million in 24 hours, of which the main funds had a net outflow of $6081 million.

09:30

The correlation coefficient between Bitcoin and the US stock market continues to weaken, and gold may become a leading indicator for BTC

BlockBeats News: On April 24th, according to a report released by CryptoQuant analyst oinonen_t, the most important trend for Bitcoin currently is its decoupling from the US stock index. In the past seven days, Bitcoin has clearly detached from the S&P 500 and Nasdaq Composite Index, and its correlation with traditional stocks and technology stocks is weakening. The correlation coefficient between Bitcoin and the S&P 500 decreased from 0.88 at the end of 2024 to 0.77, and the correlation coefficient with Nasdaq also decreased from 0.91 in January to 0.83. It is worth noting that the correlation between Bitcoin and gold is increasing, with the correlation coefficient rising from -0.62 at the beginning of the month to the current -0.31. Bitcoin used to lag behind the trend of gold by several months. If the current trend of decoupling from the stock index continues, gold may become a leading indicator for Bitcoin, subject to other conditions remaining unchanged.

09:24

KiloEx to Compensate Users Impacted by $7M Attack

Users whose positions remained open during the platform suspension will be compensated for the difference on increased losses or decreased profits

09:08

Ethereum will celebrate the 10th anniversary of the Genesis Block on July 30th, with the Foundation providing up to $500 in event funding

According to Foresight News, the Ethereum Foundation announced that Ethereum will celebrate the 10th anniversary of the creation of the Genesis block on July 30th at 23:26:13. The foundation will celebrate this milestone by organizing global offline gatherings in collaboration with community organizations. Global communities can spontaneously and independently organize such activities, and the ecosystem support program will provide up to $500 in funding for events around the world. The deadline for applying for funding is June 15, 2025.