CoinDesk 20 Index Sees Positive Movement With UNI and BCH Leading

According to CoinDesk, the CoinDesk 20 Index has shown a positive trend in its latest market update. As of the last trading session, the index was at 2076.2, which reflects an increase of 1.6%, which is a gain of 32.08 points since 4 p.m. ET on Wednesday.
Of the 20 assets included in the index, 19 were trading higher. Leading the way were UNI, which surged by 6.3%, and BCH, which saw an increase of 2.9%. On the other hand, ADA saw a decline of 1.7%, making it the only asset in the index to trade lower, while DOT showed a marginal increase of 0.1%.
The CoinDesk 20 Index is a comprehensive index that is traded across multiple platforms and regions around the world, providing a broad overview of market performance.
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According to Foresight News, Cosmos Hub has successfully launched the AtomOne chain following the approval of Proposal 848. The new chain features an independent governance blockchain called GovGen, which was initiated with the support of 50 validators. This development aims to enhance the concentration of validator voting power by eliminating the voting rights associated with validators and delegators.
In terms of tokenomics, a total of 96.99 million ATONE tokens have been allocated to ATOM token holders. Additionally, 53,800 ATONE tokens have been distributed to the community pool, and another 53,800 ATONE tokens have been allocated to the DAO treasury.
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According to PANews, decentralized social platform Bluesky has seen its user base surpass 12 million, positioning itself as a strong competitor to Elon Musk’s X (formerly Twitter). The report highlighted that Bluesky gained over 1 million new users in just 48 hours. The surge in users is attributed to a series of adjustments made by Musk to Twitter, including allowing third-party AI developers to use user data for model training and modifying the blocking feature, which has raised concerns about privacy and content control among users. Additionally, Twitter’s decision to shift its legal jurisdiction from California to the Northern District of Texas has sparked widespread discussion. Taking advantage of Twitter’s volatile situation, Bluesky has emphasized its user-centric policies and commitment to online safety. Previously, Bluesky experienced rapid growth in markets like Brazil during a time when Twitter faced bans and controversies. Bluesky’s decentralized structure and focus on user control has attracted those looking for an alternative to traditional social platforms, especially amid growing concerns over AI data usage and privacy issues.#TipsTradingFutures
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GOAT Token Soars 50% in Two Hours
AI Summary
According to BlockBeats, the price of the GOAT token has surged 50% in the past two hours, currently trading at $0.31825. GOAT’s market cap now stands at $316 million.
Previously, the founder of Truth Terminal revealed plans for dealing with GOAT, stating that there will be no direct sale and that a transparent governance process will be pursued. Additionally, top trader Eugene has announced that he has purchased GOAT.
BlockBeats reminds users that the meme coin currently has no practical use and is prone to significant price volatility. Investors are advised to exercise caution.$BTC $ETH $BNB

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