Scan to download
BTC $67,553.14 -3.23%
ETH $1,970.30 -4.78%
BNB $610.62 -4.17%
XRP $1.38 -4.36%
SOL $81.97 -5.23%
TRX $0.2757 -0.84%
DOGE $0.0918 -3.73%
ADA $0.2587 -3.28%
BCH $517.85 -1.32%
LINK $8.40 -3.46%
HYPE $29.01 -5.95%
AAVE $107.66 -3.56%
SUI $0.9128 -4.97%
XLM $0.1554 -2.33%
ZEC $235.62 -0.73%
BTC $67,553.14 -3.23%
ETH $1,970.30 -4.78%
BNB $610.62 -4.17%
XRP $1.38 -4.36%
SOL $81.97 -5.23%
TRX $0.2757 -0.84%
DOGE $0.0918 -3.73%
ADA $0.2587 -3.28%
BCH $517.85 -1.32%
LINK $8.40 -3.46%
HYPE $29.01 -5.95%
AAVE $107.66 -3.56%
SUI $0.9128 -4.97%
XLM $0.1554 -2.33%
ZEC $235.62 -0.73%

auction

Zama will launch its token sale through CoinList and its own auction app, with a floor price of 55 million USD for FDV

According to market news, the crypto privacy protocol Zama will launch an on-chain token sale with a fully diluted valuation (FDV) cap of $55 million through CoinList and its own auction application, using a sealed-bid Dutch auction structure to allocate 12% of its total supply of 11 billion tokens. This 12% token sale is divided into three parts.Before the main auction, a 2% community token sale will be held this week for Zama's NFT holders; from January 21 to January 24, an 8% sealed-bid Dutch auction will be conducted in collaboration with CoinList; and from January 27 to February 2, the final 2% will be sold at the auction clearing price. Although CoinList is the issuance partner for this main auction, the sale is not limited to that platform.Participants can also bid through Zama's own auction application. The main auction will take place on the Ethereum mainnet in the form of a sealed-bid Dutch auction. Bids will be executed from high to low, with the minimum price for token allocation being the clearing price that all successful bidders must pay. The reserve price for this auction is $0.005 per token, resulting in an FDV of $55 million based on Zama's total token supply.CoinList President Scott Keto stated that Zama's sale marks CoinList's first fully on-chain, non-custodial token sale. The Zama auction is also a practical application case of the protocol's fully homomorphic encryption technology, which allows for computations on encrypted data. Zama noted that while the auction is executed on-chain, the number of bids remains end-to-end encrypted, preventing participants from seeing each other's positions while maintaining on-chain auditability.

4E: Bitcoin returns above $93,000, boosted by both the Japanese government bond auction and the Fed chair nominee, enhancing market sentiment

According to 4E observations, Bitcoin surged past $93,000 on Tuesday night, quickly recovering all losses caused by previous macro shocks. This strong rebound was mainly driven by two factors:First, the Japanese 10-year government bond auction became a key stabilizer for global risk assets. The yield rose to 1.88% before the auction, reaching a 17-year high, attracting large funds such as pension funds. The market generally believes that "a rate hike in December is basically a done deal," boosting the stocks of major banks like MUFG and SMFG. Previously, due to Kazuo Ueda's hints at a rate hike, the Japanese bond market experienced significant volatility, triggering a chain reaction in global risk assets, with Bitcoin once plummeting over 7%.Second, the market widely bets that Hasset has been "internally confirmed" to become the next chairman of the Federal Reserve. Although the growth and inflation outlook for 2026 remains uncertain, the short-term policy inclination towards "dovishness" has boosted both the U.S. stock market and interest rate cut expectations, providing a rebound momentum for BTC.Grayscale's latest report indicates that the 30% adjustment in Bitcoin since early October is a normal occurrence in a bull market, with the historical average pullback being 30%. Grayscale expects BTC to reach new highs next year, rather than returning to a "four-year cycle" decline.Musk has once again warned that the U.S. $38.3 trillion debt could trigger severe volatility in Bitcoin. He stated that the U.S. is heading towards a "debt crisis" and emphasized that Bitcoin, based on its energy attributes, "cannot be created through legislation." Musk predicts that AI will drive the growth rate of goods and services output to exceed the growth of money supply within three years, potentially leading to deflation and interest rates returning to zero. He also reiterated Bitcoin's long-term strategic position, noting that while its participation in the crypto market has fallen below the pandemic peak, it continues to receive support.4E reminds investors: The rapid reversal of macro policy expectations and fluctuations in the bond market remain key variables dominating short-term trends. The strength of BTC's recovery after this round of adjustments still depends on policy signals, liquidity environment, and changes in the behavior of long-term holders. It is advisable to maintain a sense of rhythm and risk boundaries.
app_icon
ChainCatcher Building the Web3 world with innovations.