A founder of a leading exchange responded to discussions about meme coins, emphasizing that spontaneous actions by the community are understandable. He pointed out that the words used in tweets should not be interpreted as support for specific tokens and stated that each statement can exist independently, drawing a clear line between "riding the hype to issue coins" and regular commentary.
[BlockBeats] Recently, a leading exchange has launched a new feature—their "Flash Earnings" function is now targeting Midnight (token symbol: NIGHT). Here’s the basic gameplay: from 4:00 PM on December 9 to 4:00 PM on December 11, you can subscribe using OKB, USDT, BTC, ETH, or ADA. The entry barrier is low—just 100 USDT to participate. The upper limit depends on your account level, increasing step by step from regular users to VIP7+. This time, the prize pool is quite substantial, with five pools in total, each containing 80 million NIGHT tokens. Altogether, there are 400 million tokens waiting to be shared. The rewards are straightforward: airdrops of new tokens + holding interest, offering double benefits. Interestingly, they also set up a "Christmas Surprise Prize Pool"—a perk prepared for those who lock up and continuously invest for the long term. From 4:00 PM on December 9 all the way to Christmas Eve...
The story behind the NIGHT token is worth digging into. Just looking at the 400 million supply and the lock-up design, it feels a bit like repeating the old tricks of early projects. Dual rewards sound appealing, but how real is the liquidity?
Vitalik proposed establishing a trustless on-chain gas futures market to address the uncertainty of future transaction fees. Through this tool, users can lock in gas fees and hedge costs in advance, reducing the pressure caused by market volatility and thereby achieving greater certainty in on-chain transactions.
The abstract is generated by AI
View Original
Expand All
8 Likes
Reward
8
5
Repost
Share
ContractTearjerker:
This idea is interesting, but the question is, who will be the market makers? Someone has to take the other side of the trade.
People are always thinking about locking in costs, but it might be more practical to just optimize the chain itself... However, this does give holders more options.
Yet another "sounds good but full of pitfalls in practice" solution. I bet five bucks this will end up as a new tool for capitalists to exploit retail investors.
Wait, how is this fundamentally different from perpetual contracts? It still relies on oracles, so in the end it's still a matter of trust.
Gas futures on-chain... The big players really think of everything. As for me, a small retail investor, I'll just keep watching the fee rates honestly.
[Crypto World] XRP's recent performance has really been quite worrying. Whether you look at the monthly, weekly, or daily chart, the price just keeps heading downward. The Bollinger Bands aren’t looking good either—there’s absolutely no sign of stabilization. On the monthly chart, the middle band is still lying below $2, hovering around $1.82-$1.85. What does this mean? If you thought there was long-term support above $2, that’s clearly not the case anymore. Looking at the weekly and daily charts confirms just how strong this downward pressure is. The price keeps testing the lower band near $1.94-$1.95, but it can’t hold the key range of $2.20-$2.30. The Bollinger Bands continue to slope downward, and this usually signals a significant lack of momentum. The situation is clear: unless the bulls launch a strong counterattack and push the price firmly back above the middle band, XRP is likely to fall below the $2 mark again. From a technical perspective, the bears currently...
In the past 24 hours, the cryptocurrency market has seen liquidations totaling $421 million, mainly affecting long positions, with Bitcoin and Ethereum longs suffering particularly severe losses. In total, more than 133,000 people have been liquidated by the market. High-leverage players have experienced the harshness of the market amid the volatility.
Grayscale has submitted an S-1 registration statement for a SUI spot ETF to the US SEC, marking a step forward in the compliance process for Layer 1 public chain tokens. Although the launch of the ETF could increase SUI's liquidity, regulatory attitudes remain a key variable.