C1 Fund Inc. Files Initial Registration Statement for Proposed $100 Million IPO of Digital Asset-Focused Closed-End Fund
According to Foresight News, closed-end investment company C1 Fund Inc. submitted an initial registration statement for a $100 million IPO of a closed-end fund focused on digital assets to the U.S. Securities and Exchange Commission (SEC) on November 12. The fund's investment objective is to maximize the total return of the portfolio, primarily by seeking capital gains on fund stocks and stock-related investments. Under normal market conditions, the fund will invest at least 80% of its total assets in stocks and stock-linked securities of companies primarily engaged in the digital asset service and technology industries. The fund intends to achieve its investment objectives by investing in a portfolio of 30 top digital asset service and technology companies that the fund considers.
Deribit: 39,000 Bitcoin options and 189,000 Ethereum options are about to expire
According to Foresight News, according to Deribit data, 39,000 Bitcoin options and 189,000 Ethereum options are about to expire, involving a nominal value of $3.4 billion and $580 million, respectively. The Put Call Ratio of Bitcoin options is 0.84, with a maximum pain point of $80,000. The Put Call Ratio of Ethereum options is 0.92, with a maximum pain point of $3,000.
The DYdX community has voted to approve the "Incentive Program Restart and Revision" proposal
According to Foresight News, the dYdX community has voted to approve the "Incentive Program Restart and Revision" proposal with a 63.86% approval rate. The proposal includes modifying the dYdX incentive plan, which will last for 4 months, with $1.5 million per month and $6 million in DYDX tokens issued every quarter. 60% of the rewards will be allocated to market makers and 40% to traders, and the tracking API will be enhanced without a trading alliance.
According to Foresight News, Web3 infrastructure developer Biconomy has launched the AI application NOMY. NOMY has redesigned the way users interact with blockchain applications and provides many features: multi-chain portfolio management (view and access your funds in all wallets on each chain on a unified interface), personalized recommendations (analyze assets and on-chain data to tailor trading suggestions for users), intent-based instructions (just enter prompts such as "exchange 10 USDC to ETH on Uniswap on the Ethereum mainnet", and NOMY's artificial intelligence will convert your intentions into executable transactions), AI-driven asset management (from simple transfers to complex DeFi operations), and a simplified chat interface (no need to deal with multiple DApps, cross-chain bridges, wallet pop-ups, and other complex issues, just chat with NOMY to manage everything).
Sports GameFi project Bitball completes $5 million in financing, led by IntelCricket and others
According to Foresight News, the sports GameFi project Bitball has completed a $5 million financing, led by IntelCricket and Neon Eight Group.
Bitball aims to connect millions of sports fans to the blockchain through immersive, data-driven gaming, bringing together the worlds of sports and Web3.
Suilend to launch automated market maker Steamm in Q1 2025
According to Foresight News, Suilend tweeted that it will launch the automated market maker (AMM) Steamm in the first quarter of 2025. By lending idle funds, Steamm can create a new source of income for liquidity providers, thereby attracting more liquidity. In addition, Steamm supports various pricing strategies through a flexible architecture: constant product, constant sum, and oracle-based pricing.
Bitcoin spot ETFs had a total net outflow of $401 million yesterday, the first net outflow after net inflows in the past 6 days
According to Foresight News, according to SoSoValue data, yesterday (November 14, Eastern Time), the total net outflow of Bitcoin spot ETFs was US$401 million. Yesterday, Grayscale ETF GBTC had a single-day net outflow of US$69.5908 million, and the current historical net outflow of GBTC is US$20.251 billion. Grayscale Bitcoin Mini Trust ETF BTC had a single-day net outflow of US$5.279 million, and the current historical total net inflow of Grayscale Bitcoin Mini Trust BTC is US$641 million. The Bitcoin spot ETF with the largest single-day net inflow yesterday was BlackRock ETF IBIT, with a single-day net inflow of US$127 million, and the current historical total net inflow of IBIT reached US$29.279 billion. The second is VanEck ETF HODL, with a single-day net inflow of US$2.4963 million. The current total net inflow of HODL in history has reached US$743 million.
Ethereum spot ETF had a total net outflow of $3.2429 million yesterday, the first net outflow after net inflows in the past 6 days
According to Foresight News, according to SoSoValue data, yesterday (November 14, Eastern Time), the total net outflow of Ethereum spot ETFs was 3.2429 million US dollars. Yesterday, Grayscale Ethereum Trust ETF ETHE had a single-day net outflow of 21.9011 million US dollars, and the current historical net outflow of ETHE is 3.203 billion US dollars. Grayscale Ethereum Mini Trust ETF ETH had a single-day net outflow of 0.00 US dollars, and the current historical total net inflow of Grayscale Ethereum Mini Trust ETH is 380 million US dollars. The Ethereum spot ETF with the largest single-day net inflow yesterday was BlackRock ETF ETHA, with a single-day net inflow of 18.8693 million US dollars, and the current historical total net inflow of ETHA reached 1.724 billion US dollars. The second is Invesco ETF QETH, with a single-day net inflow of US$929,000. The current total net inflow of QETH in history has reached US$29.0691 million.
Blockchain Capital’s associated address deposited 1.43 million EIGEN into Coinbase 7 hours ago, worth about $3.55 million
According to Foresight News, on-chain analyst @ai_9684xtpa monitored that the Blockchain Capital-associated address deposited 1.43 million EIGEN into Coinbase 7 hours ago, worth $3.55 million. The address received 1.74 million EIGEN tokens from the EigenLayer DelegationManager multi-signature address a week ago.
Aether Builder: Aether does not hold any LUM, only ETH and HIGHER
According to Foresight News, Martin, the builder of the AI agent Aether, tweeted that Aether does not hold any LUM, only ETH and HIGHER, and there is currently no plan to integrate LUM with Aether.
New NFL League Started by Former NFL Players to Pay Players in Bitcoin
According to Foresight News, Decrypt reported that the newly established football league of former NFL player Russell Okung intends to pay players in Bitcoin. Russell Okung said that he hopes that the newly established football league Bitball will be able to pay players in Bitcoin. "No more middlemen taking a cut, no more backdoor transactions. Now we have to do pure sports and pure Bitcoin, which means pure opportunity. This is the new league I want to build." The first Bitball competition will be held on December 10 at the Al Nahyan Stadium in Abu Dhabi, where 24 professional football players will participate.
A whale transferred 5,156 ETH to Binance in the past 6 hours, and the profit from selling it will be $2.815 million
According to Foresight News, on-chain analyst @ai_9684xtpa monitored that a whale transferred 5,156 ETH to Binance in the past 6 hours, worth about $15.86 million, and would make a profit of $2.815 million if sold. The whale has built a position of 19,992 ETH at an average price of $2,550 since January 2024, of which 7,772 were deposited in ether.fi, and all of them have been withdrawn in the past month.
Italy’s Intesa Sanpaolo Bank Expands Crypto Trading Desk to Include Spot Trading
According to Bloomberg, sources revealed that Intesa Sanpaolo SpA is expanding the scope of its digital asset department to handle cryptocurrency spot transactions. Previously, it established a proprietary cryptocurrency trading department within the corporate and investment banking department in 2023, after which the department only traded cryptocurrency options, futures and exchange-traded funds.
Bitcoin stablecoin USDa deposit pool has reached its limit, with locked-up volume exceeding $200 million
According to Foresight News, the official website of Avalon Labs, the issuer of the Bitcoin-based over-collateralized stablecoin USDa, has reached the upper limit of its newly opened 50 million USDa deposit pool, and the current annualized deposit yield is about 35%. The total locked USDa amount has exceeded 200 million US dollars.
Avalon Labs is a financial infrastructure platform in the BTCFi field. It currently manages over $1.3 billion in locked assets, about 15,000 bitcoins. As the champion of the second round of the BNB Incubation Program, Avalon Labs was successfully selected for the eighth season of the MVB8 Accelerator.
Bounce Brand: Memeory Coin to be launched on Ethereum
According to Foresight News, the decentralized auction platform Bounce Brand tweeted that Memeory Coin (memecoin) will be launched on Ethereum. In addition, to ensure fairness, the official will not disclose the token code and token contract address after the English auction until its distribution and seed liquidity are provided.
Dogwifcoin X account is suspected to have been hacked, please be vigilant
According to Foresight News, the Meme project dogwifcoin (WIF) X account is suspected to have been hacked and has continuously released multiple token contract information. Users are advised to remain vigilant.
Tether Launches Asset Tokenization Platform Hadron By Tether
According to Foresight News, stablecoin issuer Tether has launched Hadron by Tether, an asset tokenization platform. The platform aims to simplify the tokenization process of everything from stocks to bonds, stablecoins, and membership points, and will provide services including asset issuance and destruction, KYC compliance, blockchain reporting, capital market management, and regulatory guidance. In addition, Hadron by Tether also supports a variety of smart contract blockchains and Bitcoin second-layer solutions, such as Blockstream's Liquid.
Data: Today's cryptocurrency fear and greed index dropped to 80, still in "extreme greed state"
According to Foresight News, according to Alternative.me data, today's cryptocurrency fear and greed index dropped to 80 (yesterday the index was 88 "extreme greed state"), indicating that the market is still in an "extreme greed state."
The market value of the Meme coin LUM on the Base chain has exceeded 65 million US dollars, with a 24-hour increase of 116%
According to Foresight News, according to DEX Screener data, the market value of LUM, a meme coin on the Base chain, has exceeded 65 million US dollars and is now reported at 65.7 US dollars, with a 24-hour increase of 116%. LUM is a token deployed on Warpcast by an AI named Clanker.