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Telegram CEO Pavel Durov appeared to endorse the viral web3 clicker game Notcoin following its token launch on the TON blockchain yesterday. Notcoin is an “amazing success story,” reaching “almost $700 million in market capitalization,” Durov wrote in his Telegram channel.
Synthetix’s decentralized stablecoin, sUSD, fell below its $1 peg — reaching as low as $0.92 due to increased selling on decentralized exchanges. The price later recovered slightly to $0.96. Chaos Labs identified that the de-pegging was triggered by a major liquidity provider withdrawing from the sBTC/wBTC liquidity pool on the Curve.
Bitcoin is holding above the $66,000 mark, despite a downturn in Asian and European stocks, and U.S. stock futures.
Aside from LINK, the other notable gainers are AVAX, ADA, ICP, and HBAR.
- 08:59Trump: Israel ignores Biden's words, thus escaping troubleAccording to foreign media reports, former U.S. President Trump discussed the relationship between Israel and the United States during wartime and the tense situation in the Middle East during a three-hour interview with American podcaster Joe Rogan on Friday. Trump criticized U.S. President Biden and his election opponent, Vice President Harris, for telling Israel "not to do anything" in the conflict between Israel and Hamas. Trump also praised Israel for "not listening" to Biden throughout the war. He said: "I think if they (Israel) had listened to Biden, they would now be waiting for a bomb to fall on their heads." "Biden made too many mistakes. You have to say that Harris was wrong too because she always says they make decisions together." Trump stated that changes are happening rapidly in the Middle East, some prophecies say that the world will end in the Middle East... there is a need to cool down the situation.
- 08:58The Linea mainnet has bridged over 780,000 ETHDune data shows that Linea's mainnet has bridged and transferred 786,003 ETH, with a transaction count reaching 1,217,535 and the number of interacting addresses reaching 564,792.
- 08:57American Venture Capitalist: If Bitcoin rises to $100,000, El Salvador's holdings will yield more than IMF loansBillionaire and American venture capitalist Tim Draper said this week that if Bitcoin rises to $100,000, it could enable El Salvador to repay its loan from the International Monetary Fund (IMF) "without having to negotiate with them anymore." It is reported that El Salvador owes the IMF about $80 million, while holding 5913.76 BTC. Therefore, if Bitcoin rises to $100,000, El Salvador will gain a profit of $189 million from its Bitcoin holdings, exceeding its IMF loan. However, this calculation needs to be based on two assumptions: 1. The country's Bitcoins are not pledged i.e., they have not been used for other purposes or as collateral for other loans or contractual obligations; 2. Non-IMF debts are ignored - these debts amounting up to billions of dollars - meaning the country would be able to directly remit profits from revalued Bitcoin holdings straight back into the IMF without first repaying higher-ranking creditors. As both assumptions are hard to achieve, El Salvador may need a far greater than $100k per bitcoin in order for it pay off its debt with the IMF and all other lenders.(Protos)
