Golden Weekly is a weekly blockchain industry summary column launched by Golden Finance, covering the week's key news, market and contract data, mining information, project dynamics, technological progress and other industry dynamics. This article is a project weekly, taking you to see the progress of this week's mainstream projects and star projects.
Bitcoin
Brazilian Digital Bank Nubank to Integrate Bitcoin Lightning Network
Golden Finance reported that according to information disclosed by Bitcoin Magazine, Brazil's largest digital bank Nubank will integrate the Bitcoin Lightning Network. It is reported that the bank has about 100 million customers.
Barstool Sports founder: Will buy $10 million worth of Bitcoin if it hits $40,000
Golden Finance reported that Dave Portnoy, founder of media giant Barstool Sports, said on social media that if the price of Bitcoin reaches $40,000, I will use Barstool's money to buy $5 million to $10 million worth of Bitcoin, but not at $60,000. He added, I already have a lot of personal Bitcoin, so don't get confused.
Analysis: Cooling inflation and rising stock markets cause Bitcoin prices to stagnate
Golden Finance reported that Bitcoin remained mired in the doldrums despite gains in stock indices as inflation eased as expected. Stocks rose slightly after the release of the personal consumption expenditures (PCE) price index data, with the Dow Jones Industrial Average, S&P 500 and Nasdaq 100 rising 0.23%, 0.39% and 0.55% respectively. In stark contrast, Bitcoin prices fell below $61,000. Market participants have been closely watching inflation data to predict when the Federal Reserve will begin to cut interest rates, which is generally considered to be beneficial for long-term portfolios with greater risk tolerance. Bitfinex analysts said that Bitcoin and the broader cryptocurrency market have been showing uncertainty and volatility since the US presidential election debate between Donald Trump and Joe Biden on Wednesday.
Bolivia Lifts Ban on Bitcoin and Crypto Payments
Golden Finance reported that Bolivia lifted its ban on Bitcoin and crypto payments, officially legalizing them for financial entities.
JPMorgan: Bitcoin mining is attracting investor interest
Golden Finance reported that JPMorgan Chase (JPM) said in a research report on Monday that the Bitcoin mining industry is attracting a wave of investor interest following the deal between Core Scientific (CORZ) and artificial intelligence (AI) company CoreWeave. The bank noted that the total market value of the 14 miners it tracks has increased by 22%, or $4 billion, since the announcement, while Bitcoin has fallen by 7% and the S&P 500 stock index has risen by 3%. Analysts Reginald Smith and Charles Pearce wrote that this reflects "alternative (and potentially more value-added) use cases for mining facilities and the scarcity and value of electricity access," adding that the Core Scientific deal "validates and will accelerate the diversification of miners" into high-performance computing (HPC) projects. "
Ethereum
US SEC Chairman: Spot Ethereum ETF Approval Process Smooth
Golden Finance reported that Gary Gensler, Chairman of the U.S. Securities and Exchange Commission, reiterated in his speech today that there are major violations in the cryptocurrency field. He also said that the process of approving the Ethereum ETF is going "smoothly", but refused to comment on the timetable for launching a spot Ethereum ETF.
Ethereum network gas fee drops to 1 gwei
Golden Finance reported that Etherscan data showed that the average gas fee of multiple blocks on the Ethereum network has dropped to 1 gwei recently.
US SEC Chairman Expects Ethereum Spot ETF to Be Listed as Early as September
Golden Finance reported that Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), recently said that he expects to see the listing of a spot Ethereum ETF as early as September.
Ethereum Foundation mailing list leaked
Golden Finance reported that Tim Beiko, an Ethereum core developer and head of the All Core Developers (ACD) meeting, revealed that the Ethereum Foundation's mailing list had been leaked. The vulnerability appears to have occurred on SendPulse, an email automation service used by the foundation. The attacker managed to send a phishing email from updates@ethereum.org to subscribers, falsely advertising a staking partnership with Lido. Tim Beiko later confirmed that the foundation had locked access to the mailing list.
Bloomberg Analyst: VanEck Files Form 8-A for Spot Ethereum
Golden Finance reported that Bloomberg ETF analyst Eric Balchunas posted on the x platform that VanEck had just submitted the 8-A form for spot Ethereum, which is only part of the process, but it should be noted that they submitted the 8-A form for spot Bitcoin exactly 7 days before the launch of spot Bitcoin.
other projects
US SEC considers Lido and Rocket Pool staking projects to be securities
Golden Finance reported that according to market news, the U.S. Securities and Exchange Commission believes that the Lido and Rocket Pool staking projects are securities.
Solana Ecosystem Meme Coin Project WEN Acquires Cat Community
Golden Finance reported that Solana Ecosystem Meme Coin Project WEN has acquired @ShouldHaveCat, the largest cat community on the X platform. The specific acquisition amount has not been disclosed.
Solana Ecosystem AI Project TARS AI Has Burned Over $15 Million in TAI
Golden Finance reported that Solana ecosystem AI project TARS AI has burned 100 million TAI tokens held by the team, worth more than $15 million, reducing the supply by 10%. In addition, as previously announced, weekly TAI destruction will continue, with proceeds coming from the TARS Cloud program.
AI Dapp project Ora completes $20 million in financing
Golden Finance reported that the artificial intelligence (AI) Dapp project Ora has completed a $20 million financing, with participation from Polychain, HF0 and Hashkey Capital. It is reported that Ora is a blockchain project that integrates artificial intelligence into decentralized applications (Dapps). The new funds will enable the project to "continue to develop its technology and infrastructure to tokenize AI models and introduce decentralized AI into the Ethereum ecosystem."
Aevo: The second phase of the airdrop project AZUR tokens has been opened
On June 25, according to Aevo official news, its second Aevo airdrop project is now open for collection, distributing AZUR tokens to users who are eligible for Azuro Aevo Airdrops. The airdrop is targeted at Aevo Stakers and Aevo Pre-launch traders. Eligible wallets need to have ETH on the Ethereum mainnet to claim the airdrop.
This week, the mainstream crypto projects on the entire network will unlock a total of $188 million worth of tokens
On June 24, according to Token Unlocks data, the mainstream crypto projects on the entire network will unlock a total of $188 million worth of tokens in the next 7 days, and 7 projects will usher in a one-time large amount of token unlocking, including: · AltLayer will unlock 105 million ALT at 18:00 on June 25, accounting for 6.92% of the circulating supply, with a value of approximately $19.88 million; · Yield Guild Games will unlock 16.69 million YGG at 22:00 on June 27, accounting for 4.48% of the circulating supply, with a value of approximately $10.65 million; · SingularityNET will unlock 8.57 million AGIX at 8:00 on June 28, accounting for 0.67% of the circulating supply, with a value of approximately $5.3 million; · Echelon Prime will unlock 750,000 PRIME at 8:00 on June 30, accounting for 1.83% of the circulating supply, with a value of approximately $7.79 million; ·Optimism will unlock 31.34 million OP at 8:00 on June 30, accounting for 2.88% of the circulating supply, with a value of approximately US$56.1 million; ·Ethena Labs will unlock 14.89 million ENA at 15:00 on June 30, accounting for 0.87% of the circulating supply, with a value of approximately US$8.96 million; ·Sui will unlock 64.19 million SUI at 8:00 on June 31, accounting for 2.65% of the circulating supply, with a value of approximately US$57.15 million.