FameEX Biweekly: Exciting New Market Push Update and Explore More on Our Events (August 2024, Issue 2)

Overview:

Catch up the highlights from August 16 to August 31, 2024. During this period, the FameEX product team has refined the market data section and crypto push notifications, helping users stay more timely informed about market trends and better grasp market sentiments. Read this issue of the Biweekly to quickly catch up on the latest highlights from the FameEX platform.

Crypto World News

701 New Funds Now Report Holdings in Bitcoin Spot ETFs

Following the deadline for second-quarter 13F reports, 701 new funds reported holdings in spot Bitcoin ETFs, raising the total number of holders to nearly 1,950, according to recent data. Hedge funds, pensions, and banks are increasingly investing in direct Bitcoin ETFs, reflecting continued strong interest in cryptocurrency assets.

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U.S. Bitcoin ETF Holdings Reach 926,000 BTC, Representing 4.69% of Total Supply

Dune data reveals that U.S. Bitcoin ETFs now hold approximately 926,000 BTC on-chain, representing 4.69% of the total current supply.

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FameEX Hot Topics | 75% of All Bitcoin Has Been Held for Over 6 Months

According to on-chain data, approximately three-quarters of all circulating Bitcoin has remained unmoved for the past six months or more. This insight comes from Glassnode’s Hodl Wave chart, which analyzes blockchain data to provide a macro view of Bitcoin held in wallets based on the duration since they were last moved.

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China’s First AAA Game Black Myth Wukong Breaks Records and Captures Global Attention

On August 21, 2024, the Chinese developer Game Science unveiled their highly anticipated AAA game, Black Myth Wukong. The launch created an unprecedented buzz across the gaming world.

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CryptoQuant CEO Forecasts Bitcoin Bull Run in Q4

CryptoQuant CEO Ki Young Ju noted that during the last Bitcoin halving cycle, the bull market surge began in Q4, and he anticipates that whales won't let this year's fourth quarter be dull.

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FameEX Releases “Quality-First Token Listing Program” to Bolster SunPump Ecosystem

On August 12, the SunPump platform, built on the TRON blockchain, officially made its debut, rapidly becoming a focal point within the cryptocurrency community. In just a matter of days, the platform experienced an explosion in activity to attract a wide array of developers and enthusiastic community members. Recognizing the burgeoning potential of SunPump and the vibrant activity within its ecosystem, FameEX has taken a strategic step to further support this momentum by launching the “Quality-First Token Listing Program.” This initiative is specifically designed to fuel the growth of the SunPump ecosystem while simultaneously uncovering new value opportunities for FameEX platform users.

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Vitalik Expresses Concern Over Telegram Founder’s Arrest: Questions Future of Software and Communication Freedom in Europe

Vitalik Buterin commented on X regarding the arrest of Telegram’s founder, expressing concern over the charges, which he noted seem to be related to “unrestrained” actions without compromising user data. He warned that this development poses serious concerns for the future of software and communication freedom in Europe.

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FameEX News

Platform Events

1. FameEX’s Hot Token Gala: From August 17, 2024 to August 31, 2024, FameEX is launching the “Unlock One Million USDT at FameEX’s Hot Token Gala” event. The first 200 newly registered users who fill in the form are eligible to claim 10 USDT. Users who complete trades with any of the specified trading pairs can share the corresponding prize pool. For details, please refer to the announcement.

View Announcement

2. New Listing Trading Event: From August 22, 2024 to August 29, 2024, FameEX launched the “FameEX New Listings FWC, MEW: Join to Share 100,000 USDT” event to mark these new listings. All FameEX users who complete specified trading tasks can share corresponding rewards. For details, please refer to the announcement.

View Announcement

3.  FameEX VIP Bonanza: From August 24, 2024 to September 4, 2024, FameEX is launching the “FameEX VIP Bonanza: Grab Up to 100 USDT” event. Beginners can claim their VIP rewards via deposits or trades. For details, please refer to the announcement.

View Announcement

4. FameEX Futures Championship: From August 10, 2024 to August 20, 2024, FameEX successfully launched the “FameEX Futures Championship: Trade to Grab 1,000 USDT Event Winner Announcement” event. A total of 7,430 users participated in the event. For details, please refer to the announcement below.

View Announcement

New Listing

Five new tokens were listed on the FameEX Spot during the period.

• Football World Community (FWC): FWC/USDT was listed in the spot trading zone on August 21, 2024.

• Cat in a dogs world (MEW): MEW/USDT was listed in the spot trading zone on August 21, 2024.

• BlackCardCoin (BCCOIN): BCCOIN/USDT 于was listed in the spot trading zone on August 23, 2024.

• YoZi Protocol (YOZI): YOZI/USDT was listed in the spot trading zone on August 24, 2024.

• ZetaChain (ZETA): was listed in the spot trading zone on August 26, 2024.

Trading Volume

• As of August 31, FameEX’s ranking on CoinMarketCap hit 33rd, with a 24-hour trading volume of $709,273,633, an average liquidity of 544, and a weekly average of 918,291 visits. (Data source: CoinMarketCap)

• As of August 31, the total assets in the risk reserve wallet are 7,177,213.33 USDT. It is updated daily and can be viewed HERE in real time.

Feature Upgrades

1.  [APP Version Upgrade] FameEX completed the optimization and upgrade of the Android V3.5.6 version and iOS Enterprise Package V1.2.2 of the APP on August 16. The specific updates are as follows:

• Optimized the market data function.

• Updated comprehensive push notifications for crypto market trends.

Project Information

FameEX Research released the latest reports: USD Coin (USDC), FWC (Football World Community),DOGE (Dogecoin), and ADA (Cardano) updated for 2024.

FameEX Official Community

1. X (formerly Twitter): 106K Followers, link: https://twitter.com/FameexGlobal

2. Telegram (Global): 126,722 Members, link: https://t.me/fameexgroup

3. Discord: 15,791 Members, link: https://discord.gg/V8yvKPxVCk

Follow more official channels on:

Chinese X (formerly Twitter): https://twitter.com/FameEXzh 

YouTube: https://www.youtube.com/c/FAMEEX 

Thanks for reading this report of FameEX Biweekly. Stay engaged with our official social media, and your voice matters to us!