Key events this week: XAI, APT, IO, and CYBER will have major token unlocks this week; Fractal Bitcoin mainnet is live; GS airdrop claims are open; U.S. August CPI release; European rate decision announcement.
1. XAI unlocked approximately 35.81 million tokens at 9:30 UTC+0 on September 9, accounting for 6.27% of its circulating supply, valued at around $6.52 million.
2. APT will unlock approximately 11.31 million tokens at 10:00 UTC+0 on September 11, accounting for 2.32% of its circulating supply, valued at around $68.42 million.
3. IO will unlock approximately 2.87 million tokens at 24:00 UTC+0 on September 11, accounting for 3% of its circulating supply, valued at around $4.48 million.
4. CYBER will unlock approximately 880,000 tokens at 22:00 UTC+0 on September 13, accounting for 3.81% of its circulating supply, valued at around $2.73 million.
Tidal Investments and Quantify Chaos Advisors have submitted a prospectus for the STKD Bitcoin & Gold ETF, which aims to provide investment exposure to both Bitcoin and gold via futures and ETFs.
According to the prospectus, the strategy combines Bitcoin and gold, aiming to offer complementary benefits and reduce short-term market volatility, potentially leading to more stable investment returns. The ETF is set to go live on September 9, 2024, though no ticker symbol or related fees have been disclosed yet. (The Block)
The Fractal Bitcoin mainnet launched on September 9, with 80% of the tokens allocated to the community, and the remaining 20% with a vesting period assigned to the team and contributors.
The BRC-20 standard on Fractal will be activated at block height 21,000. Fractals PizzaSwap (formerly Fractal Swap) is set to launch on the testnet this week. Once live, the official team will begin testing an embedded mini asset bridge, allowing users to transfer BTC and other assets between Bitcoin and Fractal.
Arbitrum-based DeFi structured product GammaSwap announced on X its GS airdrop plan, increasing the total distribution from 32 million (2% of the total supply) to 48 million tokens (3% of the total supply). Claims will open on Monday, September 9, and will be distributed over 8 weeks, from September 9 to November 4. Users can claim weekly or at the end of the 8-week period.
Nearly 1,200 wallets have interacted with GammaSwap Beta mainnet and qualified for the airdrop. The distribution curve ensures a minimum of 3,000 tokens per wallet, with an average distribution of 42,000 tokens.
Additionally, 0.2% of the token supply will be airdropped to pufETH holders, while 0.8% will be allocated to liquidity mining.
On August 27, local time, Republican presidential candidate and former U.S. President Donald Trump announced on his social platform that he had reached an agreement with ABC to participate in a presidential debate in Philadelphia, Pennsylvania, on September 10. He will debate Democratic presidential candidate, Vice President Kamala Harris.
Trump stated that the debate rules will follow the same format as the previous CNN debate, with microphones muted except during each candidate‘s turn to speak. There will be no live audience at this debate. Harris’s team has yet to respond to the announcement.
The U.S. Department of Labor will release the August CPI data at 20:30 on September 11, which will be the last inflation report before the Federal Reserves September meeting.
The European Central Bank will announce its rate decision at 20:15 on September 12, followed by a monetary policy press conference with ECB President Christine Lagarde at 20:30.
The Open League announced in its official Telegram channel that Season 6 will begin on September 12. Next week will bring significant changes aimed at improving user experience, with new events centered around airdrops, rewarding loyalty and activity. Normies and Degens alike are invited to join. Apps, DeFi protocols, and NFTs will no longer compete but collaborate to bring crypto closer to the masses. The top performers will be rewarded.
Binance has announced support for the token swap from Polygon (MATIC) to Polygon (POL). On September 10, 2024, at 11:00 (UTC+8), Binance will halt trading and delist all existing MATIC spot trading pairs (MATIC/BNB, MATIC/BRL, MATIC/BTC, MATIC/ETH, MATIC/EUR, MATIC/FDUSD, MATIC/JPY, MATIC/TRY, MATIC/USDC, and MATIC/USDT), automatically canceling all open orders. Binance will open POL spot trading pairs (POL/BNB, POL/BRL, POL/BTC, POL/ETH, POL/EUR, POL/FDUSD, POL/JPY, POL/TRY, POL/USDC, and POL/USDT) at 18:00 (UTC+8) on September 13, 2024.
Which of the following projects will unlock approximately 880,000 tokens on September 13, accounting for 3.81% of its circulating supply?
A) XAI
B) APT
C) IO
D) CYBER
Disclaimer:
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