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Blockbeats
Tomorrow’s news rhymes on BlockBeats.
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Bonk Guy: If PONS is benchmarked against PUMP, it may currently be seriously undervalued and worth continuous attention
BlockBeats news, on September 29, well-known trader Bonk Guy posted that market sentiment towards PONS may have dropped to a long-term low. Its comparable project PUMP currently has a market cap of about $2.7 billion, up 17% today. PONS has an annualized revenue of about $156.8 million, a market cap of about $375 million, corresponding to an annualized revenue multiple of about 2.39 times; PUMP has an annualized revenue of about $463.6 million, a market cap of about $2.7 billion, with an annuali
HANetf launches the world's first euro-hedged Bitcoin fund
BlockBeats news, on September 29, according to The Wall Street Journal, HANetf launched the world's first euro-hedged Bitcoin exchange-traded product and stated that the demand from its European client base is changing.
Although Bitcoin is a digital currency, it is usually priced in US dollars, which brings additional exchange rate risk to investors who want to reduce their exposure to the dollar. As Bitcoin is increasingly included in institutional portfolios, some investors may prefer to avo
Robinhood Wallet launches gas-free swap event on Robinhood Chain, lasting until the end of the year
BlockBeats news, on September 29, according to official information, Robinhood Wallet transactions on Robinhood Chain have achieved zero Gas fees, applicable to exchanges exceeding $0.5 before December 31, 2026.
The Stride chain will gradually cease operations, and stToken will be migrated to Osmosis for redemption
BlockBeats news, on September 29, Cosmos ecosystem liquid staking protocol Stride announced plans to orderly terminate Stride chain operations. Users can continue to redeem stToken normally through Stride until October 12; after that, the redemption function will be suspended. Once the underlying staked assets are unlocked, a redemption pool is expected to launch on Osmosis around November 20. stToken will not expire, and users do not need to take any action before migration. stTokens deployed o
Hassett comments on Biden: The U.S. economy is still paying off the "massive money printing" debt
BlockBeats news, on September 29, Kevin Hassett, Director of the U.S. National Economic Council, stated that the U.S. economy is still digesting the impact of the pandemic-related fiscal stimulus during former President Biden's administration and attributes part of the inflationary pressure to subsequent large-scale spending policies.
Hassett said on a program Tuesday that the U.S. is "still struggling to shake off" the impact of pandemic-era spending. He believes that the original goal of fisc