FameEX Biweekly | Celebrating Affiliates and Users with a Mid-Year Airdrop Event! (June 2024, Issue 1)

Overview:

Catch up the highlights from June 1 to June 15, 2024. FameEX expressed gratitude to all our Affiliates and users by launching three major airdrop benefit events. Additionally, the Android V3.5.0 (177) and iOS V1.1.6 (18) versions of the App have recently been released. These updates refined the details, making the login and trading process smoother and enriching the wealth investment experience in this bullish market. For more details, read this issue to quickly catch up on the latest hot topics on the FameEX platform!

Crypto World News

VanEck CEO Suggests US SEC Could Lose Authority Over Digital Assets

Jan van Eck, CEO of VanEck, observed a significant shift in sentiment in the cryptocurrency market following the US SEC’s approval of Ethereum spot ETFs. He described the change as one of the most remarkable in securities regulation during his career, noting that the SEC could potentially lose jurisdiction over digital assets.

Read More

Bitcoin Could Potentially Surge to $130,000 by September 2025

Crypto traders suggest that Bitcoin’s current bull run is mirroring past post-halving cycles. If this pattern persists, Bitcoin could potentially hit $130,000 by late next year.

Read More

Ethereum Market Sentiment Index Hits 14-Month Peak

Forbes reported that Ethereum’s market optimism reached a 14-month high, as per The Tie’s analysis. This sentiment index is calculated by weighing the market optimism of posts on the X platform over the past 50 days and 200 days.

Read More

The European Central Bank Reduces Interest Rates by 25 Basis Points as Anticipated, Bringing the Three Key Rates down to 4.25%, 3.75%, and 4.50% 

The European Central Bank decreased interest rates by 25 basis points as forecasted, setting the marginal lending rate at 4.50%, the deposit facility rate at 3.75%, and the main refinancing rate at 4.25%. These rates were adjusted from previous values of 4.75%, 4.00%, and 4.50% respectively, aligning with market expectations.

Read More

Ethereum Spot ETF Issuers Await S-1 Feedback from SEC

Two sources disclosed that Ethereum spot ETF issuers are awaiting comments from the SEC after submitting initial S-1 form drafts on May 31. They expect a response this week. SEC Chairman Gary Gensler mentioned that approving the S-1 forms will “take some time” and anticipates at least two more rounds of drafts before finalization.

Read More

Three Democratic Senators Urge Federal Reserve to Lower Interest Rates

In a letter to the Federal Reserve, three Democratic senators urged for interest rate cuts, suggesting the Fed abandon its 2% inflation target. They argued that prolonged high interest rates have harmed the economy and failed to tackle key inflation drivers. Additionally, they noted that high rates have increased costs for housing, construction, and auto insurance.

Read More

FameEX News

Platform Events

1. CXCT Token Airdrop Event. From May 17 to May 23, 2024, FameEX successfully launched the “FameEX New Listing CXCT: Join to Share 100,000 CXCT Airdrops” event. There are 194 winners in this event, and we have distributed rewards to all the winners. For details, please see the winning announcement below.

View Announcement

2. FameEX Mid-Year Reward Event for Affiliates. From June 6 to July 6, 2024, FameEX is holding the “FameEX Mid-Year Airdrop: 100,000 USDT Await Our Affiliates” event. During the event, FameEX will summarize the comprehensive contribution data of affiliates and their users to the platform from January 1, 2024 to July 6, 2024, and divide the 100,000 USDT airdrop according to the contribution data ratio. Users need to fill out the form to participate in this event. For details, please view the event announcement.

View Announcement

3. HTE Token Listing Airdrop Event. From June 11 to June 18, 2024, FameEX held the “FameEX Sparks Fire for HTE Gala: Deposit & Trade to Win Big With $5,000 HTE Airdrops” event. Users can get the corresponding airdrop rewards by completing any crypto deposit or HTE spot trading. Please view the announcement for details.

View Announcement

New Listing

Four new tokens were listed on the FameEX Spot during the period.

◆StrongHands (SHND): SHND/USDT was listed in the spot trading zone on June 3, 2024.

◆ ICB NETWORK (ICBX): ICBX/USDT was listed in the spot trading zone on June 6, 2024.

◆ BabyCong (BCONG): BCONG/USDT was listed in the spot trading zone on June 15, 2024.

◆ Phryges (PHRYGES): PHRYGES/USDT was listed in the spot trading zone on June 15, 2024.

New Perpetual Futures Listing

Four new tokens were listed on the FameEX Futrues during the period.

◆ Filcoin (FIL): FILUSDT was listed in the perpetual futures trading zone on June 05, 2024.

◆ Cosmos (ATOM): ATOMUSDT was listed in the futures trading zone on June 05, 2024.

◆ Arbitrum (ARB): ARBUSDT was listed in the futures trading zone on June 06, 2024.

◆ The Graph (GRT): GRTUSDT was listed in the futures trading zone on June 06, 2024.

Trading Volume

◆ The FameEX platform ranked 40 on CoinMarketCap on June 15. The 24-hour trading volume was $229,741,271, with an average liquidity of 604 and an average of 951,334 weekly visits. (Data source: CoinMarketCap)

◆ As of June 15, the total assets in the risk reserve wallet are 6,396,546.59 USDT. it is updated daily and can be viewed HERE in real time.

Feature Upgrades

1. [App Feature Upgrades]: On June 11, FameEX completed optimization and upgrades for the Android V3.5.0 (177) and iOS V1.1.6 (18) versions. Specific updates include:

• Optimized the fingerprint quick login process for smoother login.

• Optimized the loading list for spot orders.

• Optimized contract position poster for one-click sharing to social media platforms.

• Optimized candlestick zoom gesture for smoother monitoring.

• Updated the Web contract sharing in sync with the App.

Project Information

FameEX Research released the latest reports: DC (Dogechain),ALPHA (Stella), BAKE (BakeryToken),BNX (BinaryX), and CTK (Shentu).

FameEX Official Community

1. X (formerly Twitter): 104K Followers. Link: https://twitter.com/FameexGlobal 

2. Telegram (Global): 154,902 Members. Link: https://t.me/fameexgroup 

3. Discord: 13,303 Members. Link: https://discord.gg/V8yvKPxVCk 

For more official community updates, please follow:

Chinese X (formerly Twitter): https://twitter.com/FameEXzh 

YouTube:https://www.youtube.com/c/FAMEEX 

Thanks for reading this report of FameEX Biweekly. Stay engaged with our official social media, and your voice matters to us!