2025-01-12 Daily Crypto News Update

Pudgy Penguins’ parent company has confirmed that its Layer 2 blockchain, Abstract, will launch this month.

Abstract Ecosystem posted on the X platform confirming that its Layer 2 network, Abstract, which focuses on on-chain culture and community, will officially launch this month. The project is developed by Igloo Inc., the parent company of Pudgy Penguins, and has acquired the on-chain creator economy platform Frame to accelerate its development.

Polymarket has been classified as a gambling site by Singapore and has been blocked.

According to feedback from @alexzuo4, Polymarket has been defined as an illegal gambling site by Singapore, and users will see a warning when attempting to log into the official website: “This website is hosted by an unlicensed gambling service provider, and users may face a fine of up to $10,000 or up to 6 months in prison.”

99.6% of pump.fun Traders Have Profits of Less Than $10,000

According to Dune data, 99.6% of pump.fun traders have not locked in profits exceeding $10,000, with a small number of traders achieving six-figure or seven-figure profits.
The latest Dune data reveals that 99.6% of pump.fun traders have not realized profits over $10,000. However, an on-chain analyst noted that these figures do not clearly indicate the actual number of profitable traders.
Out of the 13.55 million wallet addresses on the Pump.fun platform, approximately 55,296 addresses have achieved profits exceeding $10,000. The data further indicates that traders earning six-figure and seven-figure profits are much rarer:
Only 0.048% of traders have achieved profits over $100,000.
Only 0.00217% of traders have made profits exceeding $1 million, with approximately 293 wallets.

FTX Announces Repayment Timeline, First Repayment Expected to Begin on February 25th

FTX creditor representative Sunil disclosed the preliminary distribution schedule on the X platform, revealing that creditors with claims below $50,000 are expected to receive approximately $1.2 billion in compensation. Creditors must complete their claims registration by January 20th to ensure participation in the initial distribution. Repayment is not expected to begin before this date, with the first repayment slated to start on February 25th and possibly continuing until March 4th. Meanwhile, FTX has warned debtors to be cautious of phishing emails and fraudulent websites.

Among 31 Listed Bitcoin Mining Companies, 26 Have Seen Stock Price Increases This Year

Despite miners still being constrained by revenue limitations due to Bitcoin prices remaining below $100,000, stocks of these publicly listed Bitcoin mining companies are rising, showing a strong start to the new year. According to data from Bitcoinminingstock.com, the combined market capitalization of 31 listed Bitcoin mining companies reaches $44.09 billion, with stocks of 26 companies appreciating relative to the dollar. Among the top 10 by market cap, Riot Platforms (NASDAQ: RIOT) leads with a 17.53% increase in 2025, followed by Hut 8 (NASDAQ: HUT) with a 14.2% rise.

Whale Holding 86,777 SOL Starts Reducing Position, Has Sold 81,227 SOL in the Past Three Weeks

According to monitoring by ai_9684xtpa, the whale “7qw9C…NbSZL” appears to be reducing its SOL holdings accumulated 8 months ago. Eight hours ago, it deposited 50,227 SOL (worth $9.4 million) to Kraken, which would result in a profit of $1.227 million if sold.
This whale withdrew 86,777 SOL from Kraken and Coinbase at an average price of $162.72 between June and July 2024, and in the past three weeks, it has deposited 81,227 SOL to CEX, realizing a profit of $2.326 million.

El Salvador’s Current Bitcoin Holdings Total 6,025 BTC

According to mempool data, El Salvador currently holds 6,025 BTC, worth approximately $5.7 billion.

Michael Saylor has released his investment tracking chart for the tenth consecutive week, hinting at continued Bitcoin accumulation.  

MicroStrategy founder Michael Saylor posted for the tenth consecutive week, stating, “Is there a missing green dot on the MicroStrategy portfolio tracking chart?” Hinting at further Bitcoin purchases.
BlockBeats Note: The MicroStrategy portfolio tracking chart uses a blue line to mark the Bitcoin price trend and uses a green dot on the chart to mark buying behavior. This is Michael Saylor’s tenth consecutive week posting information about the MicroStrategy portfolio tracking chart. Based on previous patterns, MicroStrategy always increases its Bitcoin holdings the day after such information is released.

Fear and Greed Index rises to 62, Market Sentiment shifts back to Greed

according to Alternative Data, today’s Crypto Fear and Greed Index rose to 62, up from 69 yesterday (last week’s average was 72), and market fear seems to have eased along with the market stabilization, returning to the “greed” zone.
Note: The fear index threshold is 0-100, including the following indicators: Volatility (25%) + Market Trading Volume (25%) + Social Media Hype (15%) + Market Surveys (15%) + Bitcoin Dominance (10%) + Google Trends Analysis (10%).

According to data from Token Unlocks, the following tokens will experience significant unlocks next week:

Ondo (ONDO): 1.94 billion tokens will be unlocked on January 18 at 8 AM, accounting for 134.21% of the current circulating supply, valued at approximately $2.41 billion.
Cheelee (CHEEL): 20.81 million tokens will be unlocked on January 13 at 8 AM, valued at approximately $169 million.
Connex (CONX): 4.33 million tokens will be unlocked on January 15 at 8 AM, accounting for 376.3% of the current circulating supply, valued at approximately $85.8 million.
Arbitrum (ARB): 92.65 million tokens will be unlocked on January 16 at 9 PM, accounting for 2.20% of the current circulating supply, valued at approximately $67.8 million.
Polyhedra Network (ZKJ): 17.22 million tokens will be unlocked on January 13 at 8 AM, accounting for 28.52% of the current circulating supply, valued at approximately $33.2 million.
UXLINK (UXLINK): 26.56 million tokens will be unlocked on January 18 at 8 AM, accounting for 15.63% of the current circulating supply, valued at approximately $33.2 million.
Starknet (STRK): 64 million tokens will be unlocked on January 15 at 8 AM, accounting for 2.65% of the current circulating supply, valued at approximately $27.6 million.
Sei (SEI): 55.56 million tokens will be unlocked on January 15 at 8 PM, accounting for 1.32% of the current circulating supply, valued at approximately $21.5 million.
QuantixAI (QAI): 232,000 tokens will be unlocked on January 18 at 8 AM, accounting for 4.79% of the current circulating supply, valued at approximately $19.6 million.
ApeCoin (APE): 15.6 million tokens will be unlocked on January 17 at 8:30 PM, accounting for 2.16% of the current circulating supply, valued at approximately $17.3 million.
Ethena (ENA): 12.86 million tokens will be unlocked on January 15 at 3 PM, accounting for 0.42% of the current circulating supply, valued at approximately $11.8 million.
Echelon Prime (PRIME): 750,000 tokens will be unlocked on January 17 at 8 AM, accounting for 1.42% of the current circulating supply, valued at approximately $9.6 million.
Cloud (CLOUD): 48.92 million tokens will be unlocked on January 18 at 11 PM, accounting for 27.18% of the current circulating supply, valued at approximately $8.5 million.
World Mobile Token (WMTX): 16.04 million tokens will be unlocked on January 13 at 8 AM, valued at approximately $6.4 million.
Eigenlayer (EIGEN): 1.29 million tokens will be unlocked on January 15 at 3 AM, accounting for 0.61% of the current circulating supply, valued at approximately $4.1 million.

2025-01-12 Daily Crypto News Update

Comment64

  1. #64
    0x6713D5c23C8321aaC3C29F0b8853CD5D514f1691
    0x6713D5c23C8321aaC3C29F0b8853CD5D514f16912025-02-14 23:51:08回复
  2. #63
    0x1C016096Eb4Fd98c4070551bFB731Dd531c2d4Ef
    0x1C016096Eb4Fd98c4070551bFB731Dd531c2d4Ef2025-02-14 23:32:06回复
  3. #62
    0x56A355aB1D3184A5d9B3dc0FB6b24BAc09719580
    0x56A355aB1D3184A5d9B3dc0FB6b24BAc097195802025-02-14 23:28:56回复
  4. #61
    0xc701aB2Afe76A311Ca35E48112FE8158b4453527
    0xc701aB2Afe76A311Ca35E48112FE8158b44535272025-02-14 23:14:39回复
  5. #60
    0xDcC6C2Ada5D4e5138E76770Af49c6E839cFa4814
    0xDcC6C2Ada5D4e5138E76770Af49c6E839cFa48142025-02-14 23:11:21回复
  6. #59
    0x93Ca5a9727adc90f5Be769347E34990aC59b1955
    0x93Ca5a9727adc90f5Be769347E34990aC59b19552025-02-14 23:07:04回复
  7. #58
    0xEc23F9B9f4f2B803c724d3C75050D25D51e89De0
    0xEc23F9B9f4f2B803c724d3C75050D25D51e89De02025-02-13 20:32:23回复
  8. #57
    0x0bDBE70D60c51003521729E94D91c71c4C070bB9
    0x0bDBE70D60c51003521729E94D91c71c4C070bB92025-02-13 20:25:40回复
  9. #56
    0x2844d06feA276cfC74Ac978963ac0D668DBCfbba
    0x2844d06feA276cfC74Ac978963ac0D668DBCfbba2025-02-13 20:19:19回复
  10. #55
    0x08C2Ea44C85eF1fCA321734F3A9A5eEddB72C8C7
    0x08C2Ea44C85eF1fCA321734F3A9A5eEddB72C8C72025-02-13 20:13:53回复
  11. #54
    0xa890328cc03313805c8738bE478fc587357A4FCD
    0xa890328cc03313805c8738bE478fc587357A4FCD2025-02-13 20:09:00回复
  12. #53
    0xDB836c642f1C7aB756c3e88610c182717be0b035
    0xDB836c642f1C7aB756c3e88610c182717be0b0352025-02-13 17:11:38回复
  13. #52
    0x1eAbD38Df33Bd42C770543008D94B0A83dB018cC
    0x1eAbD38Df33Bd42C770543008D94B0A83dB018cC2025-02-13 17:06:09回复
  14. #51
    0x23E7f4541C9c705EB545D4042F19B69178a4Bf97
    0x23E7f4541C9c705EB545D4042F19B69178a4Bf972025-02-13 16:50:45回复
  15. #50
    0x4f8A708aD99984a9bdBCF8162CeD44221c88ed6F
    0x4f8A708aD99984a9bdBCF8162CeD44221c88ed6F2025-02-13 16:45:17回复
  16. #49
    0x2229f9a8aaC40B1a562488215eB39f65108cCbad
    0x2229f9a8aaC40B1a562488215eB39f65108cCbad2025-02-13 16:37:55回复
  17. #48
    0xcBf1E5810E272D7BB174f3a78b967Bb42A93bd47
    0xcBf1E5810E272D7BB174f3a78b967Bb42A93bd472025-02-13 16:28:42回复
  18. #47
    0xe70a6dC939E3fDD8786f86C1a3471b3974fFc5f9
    0xe70a6dC939E3fDD8786f86C1a3471b3974fFc5f92025-02-13 2:29:53回复
  19. #46
    0xfd70fA11A7fa42Ef7D0a08Ba733E30e7D620A5A1
    0xfd70fA11A7fa42Ef7D0a08Ba733E30e7D620A5A12025-02-13 2:23:06回复
  20. #45
    0x847772d4908BD12aeC8B816984bD989946311858
    0x847772d4908BD12aeC8B816984bD9899463118582025-02-13 2:01:02回复
  21. #44
    0xe2fBD9212ed0f81C222290D402e156F7f92B449c
    0xe2fBD9212ed0f81C222290D402e156F7f92B449c2025-02-13 1:47:44回复
  22. #43
    0x909c698295bDBbf53442D42436120F50c03eD96F
    0x909c698295bDBbf53442D42436120F50c03eD96F2025-02-13 1:30:36回复
  23. #42
    0x244dCb7493AC3C26d9b371833dE504cca0A70682
    0x244dCb7493AC3C26d9b371833dE504cca0A706822025-02-12 22:50:54回复
  24. #41
    0x2fE0c8b36A451D68032a900593451Fb9B9c61603
    0x2fE0c8b36A451D68032a900593451Fb9B9c616032025-02-12 22:28:00回复
  25. #40
    0xa570c1B315d0c9FB0f07B2F11177C9cE82cbb855
    0xa570c1B315d0c9FB0f07B2F11177C9cE82cbb8552025-02-12 22:05:52回复
  26. #39
    0x936Aa70eCEfd204B85922c1153f17593DEE29885
    0x936Aa70eCEfd204B85922c1153f17593DEE298852025-02-12 21:58:50回复
  27. #38
    0xEa476C67f494C665547A8f49d2eBEDA71B9D2Cb9
    0xEa476C67f494C665547A8f49d2eBEDA71B9D2Cb92025-02-12 21:50:17回复
  28. #37
    0xB59d964F1f9d031512B5A4F78a162E406c0f3d2E
    0xB59d964F1f9d031512B5A4F78a162E406c0f3d2E2025-02-12 21:46:38回复
  29. #36
    0x5f3EcE95Cf0dAc5E41C331F56D12efDa5a2Fc8Da
    0x5f3EcE95Cf0dAc5E41C331F56D12efDa5a2Fc8Da2025-02-12 21:40:59回复
  30. #35
    Best airdrop I've joined!
    0x2a15Fa37197c8Fa390368C645d06B66bf34fa3502025-02-12 21:08:59回复
  31. #34
    0x4D4B762ed67588f4968001fcEe1da9B0147960fD
    0x58DA7D0B78AFbE55bc48E5737F507b39460BD3842025-02-11 20:22:35回复
  32. #33
    0x58DA7D0B78AFbE55bc48E5737F507b39460BD384
    0x58DA7D0B78AFbE55bc48E5737F507b39460BD3842025-02-11 20:01:55回复
  33. #32
    Simple tasks, real rewards! 0x8c799155B1963C04022B293F5A788f885Ef45A86
    0x8c799155B1963C04022B293F5A788f885Ef45A862025-02-11 19:56:05回复
  34. #31
    0xCd04ebF69cD4E10508d56D14a6474eAa1B57007A
    0xCd04ebF69cD4E10508d56D14a6474eAa1B57007A2025-02-09 10:53:02回复
  35. #30
    0x4bb36b3F0B8D6A3adD7E0f72109189B504Ed0fE6
    0x4bb36b3F0B8D6A3adD7E0f72109189B504Ed0fE62025-02-09 10:42:07回复
  36. #29
    Free tokens? Count me in!
    0x3D0fABd106aE4E5B8E8D5Ff14E9fa29713BFD6bF2025-02-09 1:18:11回复
  37. #28
    0xf24d7970c81522482ead1E49485D8169aB7c543a
    0xf24d7970c81522482ead1E49485D8169aB7c543a2025-02-09 0:57:18回复
  38. #27
    0x20628db563D2A9B870D630C8dF8CB32b306BE864
    0x20628db563D2A9B870D630C8dF8CB32b306BE8642025-02-09 0:50:22回复
  39. #26
    0xe6Eaa5524375c4894D6a91d00D8d06a7EA31ce62
    0xe6Eaa5524375c4894D6a91d00D8d06a7EA31ce622025-02-08 23:49:31回复
  40. #25
    Great airdrop, easy and rewarding!
    0x7aEe6F264D6124D84dfb3B9E5edf8bB29FEe2a152025-02-08 23:45:54回复
  41. #24
    0xa286A52370b0C9a8Ecab7D4fd0255a9A3bEe04E5
    0xa286A52370b0C9a8Ecab7D4fd0255a9A3bEe04E52025-02-08 23:37:48回复
  42. #23
    0xce18982D0343dBcaf360370Ae1a250a98619c621
    0xce18982D0343dBcaf360370Ae1a250a98619c6212025-02-08 23:34:10回复
  43. #22
    0xdDD97d78Df0d9Ea9E05d69993876e996a84736b6
    0xdDD97d78Df0d9Ea9E05d69993876e996a84736b62025-02-08 23:25:11回复
  44. #21
    Airdrops like these make exploring new projects both fun and profitable!
    0xE57356953215B1F70ce11799Aff823f499F95D2c2025-02-08 23:20:28回复
  45. #20
    What token is the airdrop?
    0x7211D579B283aD3a0Ba791825Cd2dA942ffa08832025-02-08 20:25:42回复
  46. #19
    0xde4fa122c820fEC2Ff296b107AA9007AA2d6Fb75
    0xde4fa122c820fEC2Ff296b107AA9007AA2d6Fb752025-02-08 18:46:11回复
  47. #18
    0x2be437e30184dF9250C2946994d4D3a1F7809A67
    0x2be437e30184dF9250C2946994d4D3a1F7809A672025-02-08 18:36:35回复
  48. #17
    0x7B9Fb21e7CF6c554C1490925D781210711D899B6
    0x7B9Fb21e7CF6c554C1490925D781210711D899B62025-02-08 18:30:32回复
  49. #16
    0x329641895235129421C6E610BB61ECE64c1E0e5B
    0x02478993Bd2f93e07093C43800b84Fe9223425402025-02-08 18:28:38回复
  50. #15
    0x02478993Bd2f93e07093C43800b84Fe922342540
    0x02478993Bd2f93e07093C43800b84Fe9223425402025-02-08 18:22:49回复
  51. #14
    0x83C7d2d3Da643d7C45E0Dd6Df17Ed3A2915E808e
    0x83C7d2d3Da643d7C45E0Dd6Df17Ed3A2915E808e2025-02-08 18:01:38回复
  52. #13
    0x0595a02db5bF918EA9CAe3b292fa49A6a4a1EA7D
    0x542aFcDA914Cd03BBFC4CA7eFfffa97548C9c27c2025-02-08 17:53:49回复
  53. #12
    0x542aFcDA914Cd03BBFC4CA7eFfffa97548C9c27c
    0x542aFcDA914Cd03BBFC4CA7eFfffa97548C9c27c2025-02-08 17:49:53回复
  54. #11
    0x3b2BcD5B46F95c739460B70304eFD9b7EcD4486A
    0x65b1aabEd3A8eCF22Ab244B07C34727F227a9Daf2025-02-08 17:43:25回复
  55. #10
    0x65b1aabEd3A8eCF22Ab244B07C34727F227a9Daf
    0x65b1aabEd3A8eCF22Ab244B07C34727F227a9Daf2025-02-06 18:22:20回复
  56. #9
    When is the airdrop?
    0x6Cc0763b62428202F6c74c2aff0Ca7E741c29c7b2025-02-06 18:19:56回复
  57. #8
    0x68b2681366326da4642988ac52fD96bbA19Aab23
    0x68b2681366326da4642988ac52fD96bbA19Aab232025-02-06 17:30:34回复
  58. #7
    0x017b5c85A0c92Ea056C808f9d1dBBE6Fc623bb68
    0x017b5c85A0c92Ea056C808f9d1dBBE6Fc623bb682025-02-05 22:19:41回复
  59. #6
    0xeF7f2157d55339E5F127cFfDF0678855de5Deb26
    0xeF7f2157d55339E5F127cFfDF0678855de5Deb262025-02-05 14:14:57回复
  60. #5
    0x67a8C16952AE2284821E52938fB9117Cbc15D7E5
    0x67a8C16952AE2284821E52938fB9117Cbc15D7E52025-02-04 22:19:49回复
  61. #4
    0x14EcFBB80B724C78f2cc7E124700106367083ce9
    0x14EcFBB80B724C78f2cc7E124700106367083ce92025-02-04 15:47:57回复
  62. #3
    0x1fb1E232ED00bd1c3e513351a395c38B2Daa8B01
    0x1fb1E232ED00bd1c3e513351a395c38B2Daa8B012025-02-03 20:48:57回复
  63. #2
    Hope to receive an airdrop.
    0x3fBdcB9B9CFe1d7421ff0Ef459D9126794dC9A172025-02-03 20:45:44回复
  64. #1
    0x508A5358B852A22D187370E6C303a9f4562fC5d5
    0x508A5358B852A22D187370E6C303a9f4562fC5d52025-02-03 20:35:48回复