Daily View | Monday September 20

The following content is organized and provided by PlatONWorld for the purpose of spreading more information and has nothing to do with PlatONWorld’s position. The content is from a third-party platform, and the accuracy, authenticity, completeness, validity, and real-time nature of the information are not guaranteed.

【LAT】

Total issuance	Circulation	Pledge rate	Total pledge	Number of addresses
10,250,000,000	170,090,000	31.34%	1,188,315,457.43	43,539

Data source: https://scan.platon.network/

【Quotes】

Trading pair	24 hours high	24 hours low	24-hour trading volume
LAT/USDT	0.2200	0.1896	20,060,100
BTC/USDT	48334.78	46771.35	10,109
ETH/USDT	3456.01	3264.03	166,417

Data source: Huobi Exchange

【10 days node data】

2021	Active	Candidate	Exiting	Exited
September 20	201	22	6	102
September 19	201	22	7	101
September 18	201	22	8	100
September 17	201	22	8	100
September 16	201	22	10	98
September 15	201	23	9	98
September 14	201	20	10	97
September 13	201	20	12	95
September 12	201	20	12	95
September 11	201	21	11	95

Data source: https://scan.platon.network/

【Industry News】

Salvador’s Chivo Bitcoin wallet has been accused of extremely bad experience, achieving a record market value

According to news from Kuai Technology on September 19, due to the poor digital infrastructure of El Salvador’s smartphones, 65% of the country’s mobile phones cannot support the official Chivo e-wallet. Due to poor technology, Chivo e-wallet encountered various problems after it was launched, such as loading failure, unable to verify, delay in receiving the transfer, and so on. The daily use of Bitcoin for payment is also a problem. Not all consumers and merchants accept this method. Most people in this country do not understand Bitcoin and are full of anxiety and worry about it, so they directly choose to reject it. In addition, since a citizen’s ID is required to get a $30 reward, this policy has also become a paradise for illegal products in El Salvador. Many people find that their identities have been stolen and cannot get the money at all.

Analysis: Since the recent flash crash, market sentiment has not returned to a state of excitement

According to a report by AMBCrypto on September 19, after experiencing a very short period of negative funding rates during the previous sell-off, the funding rate in the Bitcoin perpetual contract market has returned to a slightly positive level, indicating that traders still expect prices to rise momentum. But the larger trend seems neutral, or as analyst LexMoskovski said, the market may be in a state of “skepticism.” In addition, although the open interest (OI) began to climb after bottoming out on September 10, the daily trading volume of the BTC futures market was still relatively low after the market crash. The open positions on all exchanges on September 17 were approximately US$8.57 billion, lower than the US$9 billion recorded the day before. Ecoinometrics’ analysis last week pointed out that in terms of trading activity alone, it is not clear whether the trend of open interest and decline in average daily volume has bottomed out, even though open interest has risen after the flash crash. In fact, observations of the CME Bitcoin options market indicate that market sentiment has not yet returned to a state of excitement.