Yesterday's Cryptocurrency Events

Bitcoin Whale Activity: Bitcoin whales made large transactions when the market fell.

Circle's Integration on Solana: Circle announced the integration of advanced Web3 features into the Solana blockchain, enhancing the functionality and user experience of the Solana network.

Curve founder's liquidation risk: Curve founder Michael Egorov faces millions of dollars in liquidation risk. Due to its potential impact on the DeFi field.

Bitcoin mining stocks rise: Bitcoin mining stocks rose after former President Donald Trump made a supportive statement. Trump's support was seen as a positive sign for the industry.

XAI: An in-depth analysis of its potential and strategic positioning
With the recent Fed rate cuts, we need to focus on projects backed by major manufacturers. XAI is a notable example, especially with support from Binance and Arbitrum. What follows is an in-depth analysis of the factors influencing these developments and the potential of XAI.
Binance’s strategic priorities and GameFi’s strengths
GameFi’s historical success:
Binance has been cultivating successful gaming projects. For example GMT (StepN) gained significant traction during its peak years. However, GMT’s recent decline highlights the need for new leadership projects in the GameFi space.
Current market conditions:
The collapse of GMT left a void in the market, giving new projects the opportunity to become leaders. Binance’s ecosystem, with its strong focus on gaming, is well-positioned to support this shift.
On June 11, 2024, Xai launched the Vanguard: Genesis event on GALXE. The event includes several months of game releases and missions, covering Xai’s entire gaming ecosystem. This event is expected to significantly increase the user base of the Xai platform and expand the ecosystem.
Backed by Arbitrum and backed by the resources of Binance, XAI stands out in the GameFi space. Its strategic positioning, technological solidity and ecosystem support make it a strong candidate for investors to seize opportunities in the evolving crypto market. By focusing on a niche market and having the backing of an industry leader, XAI is poised for significant growth and success in the coming years
#Xai先锋创世纪

Why is the market only reacting now after Fed Chairman Powell spoke? Why did the CPI fall when it was in such an ideal state? It was because of his 🦅 speech. I think the data this time doesn't mean anything, but the cake is still stable.

#Xai先锋创世纪
To analyze briefly, XAI is an Ethereum layer 3 expansion network based on Arbitrum, focusing on the gaming field. It aims to bring unprecedented user experience to Web3 games and enhance the interactive experience of users and developers by focusing on the gaming industry. Here are some key features and functions of XAI:
👉Gas fee token: XAI is a gas fee token used to pay transaction fees within the network to ensure fast and smooth transactions.
👉Reward mechanism: XAI tokens are issued as rewards to verification nodes to encourage nodes to participate in network maintenance and ensure the security and decentralization of the network.
Token distribution: XAI token distribution is friendly, and more than half of the tokens are allocated to the community, Sentry node operators and the Data Availability Committee (DAC), showing the importance of community support and contributors.
👉Technical foundation: The Xai blockchain uses the Arbitrum Nitro technology stack, which improves transaction efficiency and network scalability, and is particularly suitable for the gaming industry.
Recent important events.
On June 11, 2024, Xai launched the Vanguard: Genesis event on GALXE. This event includes several months of game releases and tasks, covering Xai's entire gaming ecosystem. This event is expected to significantly increase the user base of the Xai platform and the expansion of the ecosystem.
Benefits of the Vanguard: Genesis event
In-game rewards and items: Participants can receive various in-game rewards and valuable items. Cryptocurrency rewards: The event will distribute cryptocurrency rewards to attract more users to participate. Leaderboard rewards: Top players will receive special rewards and more privileges. Community incentives: The event will promote a more active and loyal user community, attracting more partners and investors.
💥I'm not asking you to go all-in without thinking. The narrative is fine. The project team has also been doing things. They have also done pledges and brand upgrades some time ago. This proves that the project team is working hard, which is better than a project that does nothing. It is indeed good in terms of work among several products of the same period. I look forward to its performance in the future.

$IO is a project with an estimated market value of 1 billion US dollars. The current market value is about 500 million and there is still about 30% room for growth. It is not recommended to open a contract, but you can chase it in the spot market. When its trading volume exceeds that of ETH, it will be almost the same. In addition, due to the recent interest rate decisions of the Federal Reserve, it has basically been falling and there is no hot spot. If it doesn’t rise now, when will it rise? Market makers should concentrate all funds on this project while there is no hot spot.

Yesterday and today, many people on Twitter said that OK had a problem and its U was stolen. Everyone should be careful recently. A gentleman does not stand under a dangerous wall. Let's raise it first and wait until the matter is settled.

Can the BNB dual mining model break through the 1,000 mark? SOL ecosystem continues to launch new products
Mining is launched on the 55th issue IO.NET (IO) #io.net
Project analysis
Before June 2022, Io.net focused on developing institutional-level quantitative trading systems for the US stock market and cryptocurrency market. Its main challenge is to build a back-end trading system that can support the powerful computing power required for high-frequency trading (HFT).
High-frequency trading (HFT) is a trading method that uses powerful computer programs to trade large numbers of orders in a fraction of a second. It relies on complex algorithms to analyze multiple markets and execute orders. Io.net's trading strategy is close to HFT, which requires real-time monitoring of real-time quote data for more than 1,000 stocks and 150 cryptocurrencies, and ensuring that the system's delay from market events to customer account execution orders is kept below 200 milliseconds.
Project Development
Infrastructure Challenges and Solutions:
Infrastructure Requirements: It is necessary to dynamically backtest and adjust algorithm parameters for each asset in real time, while optimizing the trading process to support more than 30,000 individual customers trading on ETrade.com, Alpaca.markets, and Binance.com. Technical Solution: Adopt Ray.io, an open source library used by OpenAI to distribute GPT-3/4 training on more than 300,000 CPUs and GPUs. The use of Ray.io simplifies infrastructure management, allowing Io.net to build a powerful backend system in less than 60 days, instead of the originally estimated 6 months.
Cost Challenges:
High hardware costs: For example, each NVIDIA A100 card costs more than $80/day, and 50 cards are required to run such a system, with a total cost of up to $100K per month. Solution: Despite the high costs, Io.net successfully integrated Ray.io to improve the efficiency and performance of the system.
Future Outlook
Expansion and Innovation:
Multi-asset Support: Plan to expand the types and number of supported assets and further optimize the algorithms and infrastructure for high-frequency trading. Reduce costs: Explore more cost-effective computing resources and optimization technologies to reduce operating costs.
Technology Upgrade:
Improve computing power: Continue to optimize and improve computing power to meet the growing needs of AI and quantitative trading. Enhance security and reliability: Continuously upgrade the security and reliability of the system to ensure the security of transaction data and customer assets.
Market and service expansion:
Global market expansion: Expand services to more international markets and attract more institutional and individual customers. Customer service optimization: Enhance customer satisfaction and loyalty by improving customer service quality and technical support.
Summary
Io.net has successfully responded to the complex requirements and high cost challenges of high-frequency trading systems by adopting advanced technology and optimizing infrastructure. In the future, with the further upgrading of technology and the expansion of the market, Io.net is expected to occupy an important position in the quantitative trading and cryptocurrency markets, providing customers with more efficient, secure and reliable trading services.
#BNB金鏟子

Bitcoin and Ethereum have both soared, why is SOL still not rising? The meme of SOL is also falling, but BOME is still strong. After washing for so long, BOME should explode.

How long will it take for BNB to break the 1,000 mark after it hit 700 USD? Is BSC going to make a comeback? Any recommendations for gold dogs? ETH and BNB both have good gold dogs in the primary market these days. Spring is coming for the primary market

Today, the game sector has surged. Is the game coming soon? As the leader of the game sector, YGG has unlocked monthly but the market value is not high. You can still buy some below 2. Although GALA had a hacking incident before, it is indeed a good stock on a weekly basis.

AUCTION is listed on a Korean exchange. You can pay more attention to this platform. Previously, mubi and BSSB were launched, which were projects with many multiples. They all had large multiples when they opened. This time it is listed on a Korean exchange, so there must be new listings. This new listing is worth participating in.

SOL meme is about to explode, and Hat Dog will bear the brunt (wif). Then BOME and SLERF will follow, BONK and SHIB are also rising. Only the meme sector has a good moon, and the market is falling. SOL’s meme is naturally very strong. Is there no copycat season in this round? It's just meme season. As an investment meme coin with a value around 2024, it can be said that it has stolen the limelight. Will institutions be busy shipping goods now? How far is this meme round? Are there still opportunities in other sectors?

So what other sectors are worth investing in to achieve 10 times earnings in the future?
Let’s introduce #MantaRWA生态
Manta Network’s modular design and zero-knowledge proof technology provide it with significant advantages. The modular design makes the system efficient, flexible and scalable, and can quickly respond to market demands and technological advancements. Zero-knowledge proof technology ensures the privacy and security of transactions, making Manta Network a leader in privacy protection.
Modular design
Modular design basics
Manta Network’s modular design is designed to provide efficient, flexible, and scalable blockchain solutions. Through its modular architecture, Manta Network can independently upgrade and optimize each component, thereby enhancing the system's flexibility and adaptability. This design allows Manta to respond quickly to market demands and technological advances to remain competitive.
👉Technical advantages
💥Efficient verification: zk-SNARKs technology can verify transactions at low cost and high efficiency, and is suitable for large-scale applications.
💥Privacy Protection: Through zero-knowledge proof technology, Manta Network can provide a transparent and secure transaction environment while protecting user privacy.
💥Universal ZK circuit: Manta’s universal ZK circuit implements ZK-as-a-Service, providing flexible privacy protection solutions for various application scenarios.

This bull market is driven by Trump, just like the last bull market was driven by Musk. Every time there is another hot figure. Do you agree with this?

Trump’s dynamics in the currency circle and its impact
1. Accept cryptocurrency donations
Donald Trump is accepting cryptocurrency donations for the first time in his 2024 presidential campaign, including Bitcoin (BTC), Ethereum (ETH), Shiba Inu Coin (SHIB), Dogecoin (DOGE), and more. Trump’s move not only attracted the attention of the cryptocurrency community, but also further solidified his support base in the field (Benzinga).
2. Promote cryptocurrency policy
Trump has publicly criticized the Biden administration's regulatory measures on the cryptocurrency industry and expressed support for cryptocurrencies as a symbol of innovation and freedom. He called on his supporters to vote for him to fight against the Democrats’ strict policies on cryptocurrency regulation (POLITICO).
3. Cryptocurrency Portfolio
Trump’s cryptocurrency portfolio has grown significantly, especially the value of his MAGACoin holdings. His total crypto assets have reached $8.79 million, including large amounts of ETH and other cryptocurrencies. This demonstrates his personal confidence in cryptocurrencies and their potential market power
Let’s talk about the next 10x coin #MantaRWA生态
Manta Network’s modularity and zero-knowledge proof technology advantages modular design
Modular design basics
Manta Network’s modular design is designed to provide efficient, flexible, and scalable blockchain solutions. Through its modular architecture, Manta Network can independently upgrade and optimize each component, thereby enhancing the system's flexibility and adaptability. This design allows Manta to respond quickly to market demands and technological advances to remain competitive.
Celestia Data Availability Tier
Manta Pacific is a modular Layer 2 solution specially built for the Ethereum Virtual Machine (EVM) ecosystem. It provides modular support by leveraging the Celestia data availability layer, resulting in the lowest gas cost and best user experience. Celestia’s data availability layer ensures high data availability and security, allowing Manta Network to efficiently handle large volumes of transactions and data (Benzinga).
Zero-knowledge proof technology (ZK technology)
technical foundation
Manta Network uses zero-knowledge proof (zk-SNARKs) technology to ensure the privacy and security of transactions. Zero-knowledge proof technology allows the validity of a transaction to be verified without revealing the specific content of the transaction, thereby protecting user privacy. This technology is one of Manta Network’s core strengths, putting it at the forefront of privacy protection.
Technical advantages
Efficient verification: zk-SNARKs technology can verify transactions at low cost and high efficiency, and is suitable for large-scale applications. Privacy Protection: Through zero-knowledge proof technology, Manta Network can provide a transparent and secure transaction environment while protecting user privacy. Universal ZK circuit: Manta's universal ZK circuit implements ZK-as-a-Service, providing flexible privacy protection solutions for various application scenarios.
Summarize
Manta Network’s modular design and zero-knowledge proof technology provide it with significant advantages. The modular design makes the system efficient, flexible and scalable, and can quickly respond to market demands and technological advancements. Zero-knowledge proof technology ensures the privacy and security of transactions, making Manta Network a leader in privacy protection.

Former US President Trump's cryptocurrency holdings have grown significantly, breaking through $10 million. The news has attracted widespread attention and discussion in the market.
Holdings
According to the latest financial disclosure documents, Trump's cryptocurrency holdings are mainly concentrated in the following assets:
MAGA Memecoin:
One of Trump's main holdings is MAGA Memecoin, with a market value of approximately $3.77 million. This token has attracted much attention due to its association with Trump, especially as the election approaches, triggering a lot of market hype and interest.
Ethereum and Wrapped Ethereum (WETH):
Trump also holds approximately $1.14 million worth of Ethereum (ETH) and $1.23 million worth of Wrapped Ethereum (WETH). These mainstream cryptocurrencies show the diversity of his portfolio and interest in different crypto assets.
Other tokens:
His portfolio also includes some smaller market value tokens such as BABYTRUMP (approximately $200,000) and Polygon (MATIC, approximately $5,000)

Modularity and zero-knowledge proof technology advantages of Manta Network Modular design
Modular design foundation #MantaRWA生态
The modular design of Manta Network is designed to provide efficient, flexible and scalable blockchain solutions. Through modular architecture, Manta Network is able to independently upgrade and optimize each component, thereby enhancing the flexibility and adaptability of the system. This design allows Manta to quickly respond to market demands and technological advances and remain competitive.
Celestia Data Availability Layer
Manta Pacific is a modular Layer 2 solution designed specifically for the Ethereum Virtual Machine (EVM) ecosystem. It provides modular support by leveraging the Celestia data availability layer, thereby achieving the lowest gas cost and the best user experience. Celestia's data availability layer ensures high availability and security of data, allowing Manta Network to efficiently process large amounts of transactions and data​ (Decrypt)​.
Zero-Knowledge Proof Technology (ZK Technology)
Technical Foundation
Manta Network uses zero-knowledge proof (zk-SNARKs) technology to ensure the privacy and security of transactions. Zero-knowledge proof technology allows the validity of transactions to be verified without revealing the specific content of the transaction, thereby protecting the privacy of users. This technology is one of the core advantages of Manta Network, making it a leader in privacy protection.

Introduce the modularity and zero-knowledge proof technology of manta
Regarding the price of the currency, this position is also a low value. ETH has risen so sharply that the ecological currency will slowly catch up. Now the price of the currency is around 1.7-1.8, which is suitable for building a position. Just like the new currency I mentioned earlier, there will definitely be a big rebound. Now this position is about to break through the downward channel. The rebound is coming #MantaRWA生态
Manta Network's modularity and zero-knowledge proof technology advantages Modular design
Modular design foundation
Manta Network's modular design aims to provide efficient, flexible and scalable blockchain solutions. Through modular architecture, Manta Network is able to independently upgrade and optimize each component, thereby enhancing the flexibility and adaptability of the system. This design allows Manta to respond quickly to market demand and technological advances and remain competitive.
Celestia data availability layer
Manta Pacific is a modular Layer2 solution built specifically for the Ethereum Virtual Machine (EVM) ecosystem. It provides modular support by leveraging the Celestia data availability layer to achieve the lowest gas cost and the best user experience. Celestia's data availability layer ensures high availability and security of data, allowing Manta Network to efficiently process large amounts of transactions and data (UPI) (Gadgets 360).
Zero-knowledge proof technology (ZK technology)
Technical basis
Manta Network uses zero-knowledge proof (zk-SNARKs) technology to ensure the privacy and security of transactions. Zero-knowledge proof technology allows the validity of transactions to be verified without revealing the specific content of the transaction, thereby protecting the privacy of users. This technology is one of the core advantages of Manta Network, making it a leader in privacy protection.
Technical advantages
Efficient verification: zk-SNARKs technology can verify transactions at low cost and high efficiency, suitable for large-scale applications. Privacy protection: Through zero-knowledge proof technology, Manta Network can provide a transparent and secure transaction environment while protecting user privacy. Universal ZK circuit: Manta universal ZK circuit implements ZK-as-a-Service, providing flexible privacy protection solutions for various application scenarios.
Potential applications and future development
Privacy payment: Through zero-knowledge proof technology, users can make private payments and transfers on the Manta Network to protect transaction privacy.Decentralized Exchange (DEX): Manta Network's privacy protection technology enables decentralized exchanges to exchange assets without exposing transaction details. Privacy Lending: Zero-knowledge proof technology can also be applied to decentralized lending platforms to ensure the privacy security of both borrowers and lenders.

Here are some important events in the Wall Street cryptocurrency circle on May 27, 2024:
Huang Licheng invested 4,873 ETH to buy FRIEND, and currently has a floating loss of about $7.5 million.
This week, a large number of tokens such as OP, SUI and DYDX will be unlocked, with a total value of more than $300 million.
Apple plans to launch new artificial intelligence features at its developer conference next month.
Zhu Su, the former founder of Three Arrows Capital, predicts that the Ethereum market will usher in buying opportunities in the next 90 days, especially $LDO.
Goldman Sachs predicts that the Federal Reserve will cut interest rates in September and December.
Arthur Cheong predicts that the price of ETH will reach $4,500 before the Ethereum spot ETF begins trading.
The probability that the Federal Reserve will keep interest rates unchanged in June is 99.1%.
In the past 5 hours, a whale bought 953,177 WIFs.
The U.S. federal government's quarterly repurchase program from May to July will start on May 29, with a weekly repurchase of $2 billion.

This may be the last short trap before the bull market, so why do institutions dig traps? Before the bull market, if the market is expected to rise, institutions may use short traps to get rid of potential competitors or induce retail investors to sell their positions, and then buy in large quantities at a lower cost to prepare for the upcoming market rise. The recent GALA is a good example. There are too many people on the bus and bad news is needed to scare users. The same is true for ETH ETF.

The second phase of Megadrop is here (LISTA) #lista
Lista DAO is an open source liquidity protocol based on blockchain, which allows users to use crypto assets (such as BNB, ETH, etc.) as collateral to earn income and provide decentralized lending stablecoin lisUSD. This project uses MakerDAO's verification model to create a decentralized and unbiased stablecoin system.
Project advantages
Decentralization: A fully decentralized mortgage and lending mechanism enhances user trust in the platform. Innovative stablecoin design: A new type of stablecoin called destablecoin is provided, which aims to provide broad market stability through decentralized assets rather than a single fiat currency anchor. Versatility: Supports asset mortgage, instant conversion, borrowing and yield mining to improve capital efficiency.
Future development of the project
On-chain expansion: Plans to expand services to more blockchain networks, increasing their accessibility and flexibility. Enhanced stability: Continue to optimize its economic model to ensure that its stablecoin can remain stable under a wide range of market conditions. Strengthen community drive: Promote the development and innovation of its decentralized financial services through incentives and community participation.
Lista DAO is designed not just to create another stablecoin, but to solve the problems of over-collateralization and capital efficiency in a decentralized way, providing a robust and flexible financial tool.
Token name: Lista (LISTA);
Maximum supply of tokens: 1,000,000,000 LISTA;
Initial circulation: 230,000,000 LISTA (23% of the maximum supply of tokens);
Total Megadrop: 100,000,000 LISTA (10% of the maximum supply of tokens)

There will be web3 tasks later. I will give a tutorial as soon as it is released. It is still as detailed as the last time. The last BB WEB3 task was free 5 times the income of about 30 more U. Follow me and I will give a detailed tutorial every issue.

Pepe is going to break through 10 billion market value this time, becoming the third largest meme coin to break 10 billion US dollars after DOGE and SHIB. It has risen by 50% in two days, and people has also reached 0.058. Meme coins are indeed the coins with the highest return on investment. If this state continues, will the institutions overturn the table? Or some bad news will scare people, just like yesterday's GALA, and finally recovered just for targeted blasting

$near needs to make a pullback here. It is recommended to take a little bit around 7.3. This time near is still very good at making trouble. AI is the main theme of this bull market. There will definitely be more interactive points later.