LUNR (LUNR) news

Bitget Bites (July 18, 2022)

The global market cap is standing at US$981.27B, showing a 1.16% increase from yesterday but the 24-hour volume was down by 1.70% to US$61.85B. Our report on activities of the Spot Market and Futures Market are below: Spot Market Updates Bitcoin has been trading between US$20,778.18 and US$21,600.64 within the last 24 hours. As of 3:30 AM UTC, BTC price stands at US$21,437.38, which is a 0.44% increase compared to Ethereum’s 4.75% increase. There has been an increase in the volume and price of altcoins over the past 24 hours, with so many altcoins trading above $1B, in order of hierarchy we have XRP (+1.30%), ADA (+1.20%), and SOL (+3.30%). The highes t price and lowest price levels of BGB in the last 24 hours were US$0.15085 and US$0.14931, respectively. The Top 3 Gainers of The Day are Optimism (OP), Lido DAO (LDO) and Project Galaxy (GAL). 1st Place OPUSDT: Up by 17.47% Optimism (OP) is a layer-two blockchain on top of Ethereum. Optimism benefits from the security of the Ethereum mainnet and helps scale the Ethereum ecosystem by using optimistic rollups. That means transactions are trustlessly recorded on Optimism but ultimately secured on Ethereum. With a current market cap of $148,684,641.04 and trading volume of $207,750,282.69, OPTIMISM is trading at a current market price of $0.6924. 2nd place LDOUSDT: Up by 17.47% The LDO token grants governance rights in the Lido DAO.Users receive a tokenized version of their staked assets. When staking on the Ethereum blockchain via Lido, users receive stETH in return (bLuna for staking on the Terra blockchain, and stSOL for staking on the Solana blockchain). These tokenized assets can be used in other decentralized protocols (e.g. lending). With a current market cap of $547,014,191.74 and trading volume of $203,270,615.58, Lida DAO is trading at a current market price of $1.74. 3rd Place GALUSDT: Up by 14.70% GAL is an Ethereum token that powers Project Galaxy, a network for on- and off-chain credentials (such as for credit scoring applications). GAL can be used to pay for access to credential data, can be staked by curators validating the network, and can be used to vote on the future of the network. With a current market cap of $108,914,332.75 and trading volume of $78,902,298.52, GAL is trading at a current market price of $3.04. Meanwhile, the Top 3 Losers include: ONIT (-64.19%), FORT (-31.40%) and LUNR (-30.53%). Futures Market Updates Today’s Open Interests (OI) of all cryptocurrencies have slightly increased over the weekend, now recorded at US$3.67B, which is equivalent to a 6.07% increase from yesterday and the 24-hours aggregated volume of all contracts at US$172B (+4.88%). Bitcoin remained the most popular underlying asset for Futures traders and, obviously, the most liquid market: Bitcoin OI accounted for two-thirds of the total outstanding contracts at US$2.46B while the daily volume of Bitcoin contracts only stood at US$206,407.00. The last cycle of funding rate (+0.0045%) demonstrates a weak sell signal. Bitcoin Long/Short Ratio reflects the market sentiment on this flagship coin, now clearly showing bearish signs at 37.11%/62.89%. Friday was green for most Bitcoin ETFs, except the highly anticipated ProShares’ Short Bitcoin Strategy ETF (BITI), which ended the day at US$38.00 compared to the opening price of US$38.44. We’ll see how this one plays out today. Interesting Topics Blockchain101: Proof-of-Work (PoW) Refer-to-Earn: How you can earn with Bitget’s Referral Program (Get crypto without trading!) Bitget Hot Takes (July 11 - July 17) Follow Us For More Insights: Twitter | Telegram | LinkedIn | Facebook | Instagram

Bitget Bites (July 15, 2022)

The global market cap is standing at US$931.28B, showing a 3.22% increase from yesterday but the 24-hour volume was down by 2.10% to US$72.20B. Our report on activities of the Spot Market and Futures Market are below: Spot Market Updates Bitcoin has been trading between US$19,689.26 and US$20,789.89 within the last 24 hours. As of 3:30 AM UTC, BTC price is standing at US$20,632.28, which is a 2.01% increase compared to Ethereum’s 7.74% increase. There has been an increase in the volume and price of altcoins over the past 24Hr, with so many altcoins trading above US$1B, in order of hierarchy we have XRP (+6.50%), ADA (+2.03%), and SOL (+7.38%). The highes t price and lowest price levels of BGB in the last 24 hours were US$0.14699 and US$0.14540 , respectively. The Top 3 Gainers of The Day are Quickswap (QUICK), Fantasy token (FTSY) and dydx (DYDX). 1st Place QUICKUSDT: Up by 88.03% QUICK is an Ethereum token that powers QuickSwap, a decentralized exchange that runs on the Polygon Network in order to provide faster and cheaper transactions on Ethereum. QUICK can be used to create and vote on proposals governing QuickSwap and can be staked to earn a portion of trading fees. With a current market cap of $35,094,055.53 and trading volume of $86,884,326.70, QUICK is trading at a current market price of $102.91. 2nd place FTSYUSDT: Up by 32.45% FANTASY allows community participants to directly interact with each other through P2P on the FANTASY platform. This will allow users to directly trade services and products without the need for intermediaries that exist in traditional markets. With a current market cap of $2,099,086.26 and a trading volume of $1,614,932.16, FANTASY is trading at a current market price of $0.007097. 3rd Place DYDXUSDT: Up by 20.41% DYDX (dYdX) is the governance token for the layer 2 protocol of the eponymous non-custodial decentralized cryptocurrency exchange. It serves to facilitate the operation of layer 2 and allows traders, liquidity providers and partners to contribute to the definition of the protocol's future as a community. With a current market cap of $140,016,874.78 and a trading volume of $147,724,231.34, DYDX is trading at a current market price of $2.16. Meanwhile, the Top 3 Losers include: VGX (-42.56%), USDSP (-23.98%) and LUNR (-23.83%). Futures Market Updates The tides are changing in the Futures market. Today’s Open Interests (OI) of all cryptocurrencies are recorded at US$3.3B, which is equivalent to a 3.77% increase from yesterday and the 24-hours aggregated volume of all contracts at US$68B (-9.19%). Bitcoin remained the most popular underlying asset for Futures traders and, obviously, the most liquid market: Bitcoin OI accounted for two-thirds of the total OI at US$2.23B while the daily volume of Bitcoin contracts only stood at US$314,389.10. The last cycle of funding rate (-0.0100%) demonstrates a buy signal. Bitcoin Long/Short Ratio reflects the market sentiment on this flagship coin, now clearly leaning towards bullish at 51.12%/48.88%. Most Bitcoin ETFs saw a positive 1-day change, except the highly anticipated ProShares’ Short Bitcoin Strategy ETF (BITI), which ended the day at US$41.24 compared to the opening price of US$42.58. We can see that institutional and retail investors are torn again between bullish and bearish. Interesting Topics What does “Blue-Chip” Crypto mean? What Is Wash Trading? What is HODL? Follow Us For More Insights: Twitter | Telegram | LinkedIn | Facebook | Instagram

Bitget Bites (July 8, 2022)

The global market cap is standing at US$970.167B, showing a 5.48% increase from yesterday. In addition, the 24-hour volume was up by 11.29% to US$63.7B. Our report on activities of the Spot Market and Futures Market are below: Spot Market Updates Bitcoin has been trading between US$22,509.99 and US$20,841.17 within the last 24 hours. As of 3:30 AM UTC, BTC price is standing at US$22,079.91, which is a 8.07% increase compared to ETH’s 7.10%. Most altcoins are enjoying a slight increase in value, for example Solana/SOL (+3.96%), Ripple/XRP (+8.08%) and Bitcoin Cash/BCH (+5.87%), all had a 24-hours volume of over US$1B. Data is available via CoinMarketCap. The highes t price and lowest price levels of BGB in the last 24 hours were US$0.15107 and US$0.14691, respectively. The Top 3 Gainers of The Day are DFI.Money (YFII), Cult DAO (CULT) and Rally (RLY). 1st Place YFIIUSDT: Up by 26.15% MONEY, also known as YFII, is a fork of the popular decentralised finance (DeFi) aggregator platform yearn.finance (YFI). Launched in July 2020, it aims to optimise returns for DeFi investors while adhering to changes proposed in an upgrade plan called YIP-8. With a current market cap of $48,461,909.82 and a trading volume of $254,850,736.81, YFII is trading at a current market price of $1221.89. 2nd place CULTUSDT: Up by 24.57% CULT is the tradable and liquid token of CULT DAO. Transacting CULT will contribute to the protocol by filling the DAO treasury slowly to fund investments into decentralised technologies. This is achieved due to a 0.4% collection on all CULT transactions. CULT, once staked into the Cult DAO, becomes dCULT. With a current market cap of $66,903,638.22 and a trading volume of $9,718,188.99 , CULT is trading at a current market price of $0.000016. 3rd Place RLYUSDT: Up by 23.38% RLY is an Ethereum token that powers the Rally Network. Rally enables creators and online communities to launch their own cryptocurrencies. By creating these so-called “social tokens,” fans can gain access to benefits like unreleased content or merch, while creators can unlock new forms of revenue. With a current market cap of $152,975,732.07 and a trading volume of $28,847,604.21 , RLY is trading at a current market price of $0.05308. Meanwhile, the Top 3 Losers include: LIKE (-37.39%), OBX (-26.28%) and LUNR (-25.49%). Futures Market Updates The Futures market is bustling with activities. Today’s Open Interests (OI) of all cryptocurrencies are recorded at US$3.32B (+7.79%) and the 24-hours aggregated volume of all contracts at US$194B (+29.33%). Bitcoin remained the most popular underlying asset for Futures traders and, obviously, the most liquid market: Bitcoin OI accounted for two-thirds of the total OI at US$2.25B while the daily volume of Bitcoin contracts only stood at US$307,380.05. The last cycle of funding rate (-0.0066%) demonstrates a mild buy signal. Bitcoin Long/Short Ratio reflects the market sentiment on this flagship coin, now clearly leaning towards bullish at 58.75%/41.25%. Most Bitcoin ETFs saw a positive 1-day change, except the highly anticipated ProShares’ Short Bitcoin Strategy ETF (BITI), which ended the day at US$37.29 compared to the opening price of US$40.23. We can see that institutional sentiment was not that different from retail sentiment, i.e. the tug-of-war over Bitcoin’s future is still ferocious but the bears are slowly receding. Interesting Topics What Is Blockchain Interoperability? Short-selling Bitcoin — How to Profit From Bear Markets How to read candlestick charts (Volume 1) Follow Us For More Insights: Twitter | Telegram | LinkedIn | Facebook | Instagram