$ETH

🔥🔥🔥Overview of the cryptocurrency industry dynamics on July 4, 2024

1. Major measures of mainstream exchanges

Binance trading pair adjustment: Binance will remove spot trading pairs such as AI/TUSD, BTC/AEUR, CHR/BNB, ETH/AEUR, GAS/FDUSD, LQTY/FDUSD, and stop related transactions.

2. Tracking of mainstream projects and hot events

Federal Reserve Economic Outlook: The latest meeting minutes show that the Federal Reserve generally believes that US economic growth is gradually slowing down.

Fan Bingbing enters Web3: Fan Bingbing, a well-known actress in mainland China, announced the launch of a personal comic IP project, and joined hands with well-known Japanese cartoonists to create content with readers through Web3 social platforms and X platforms.

Playbux launches a new chain: Playbux, the original BNB Chain ecological metaverse developer, announced that it will launch a Layer1 zero-fee game blockchain based on artificial intelligence.

Market sentiment analysis: glassnode pointed out that as Bitcoin fell below the $60,000 mark, fear and pessimism permeated among digital asset investors.

BorpaToken and EntangleFi unbind: Meme project BorpaToken announced the termination of cooperation with EntangleFi and has completed snapshots of multiple mainstream blockchains.

Standard Chartered Bank Bitcoin Forecast: Bitcoin is predicted to set a new record high in August and is expected to hit the $100,000 mark during the US presidential election in November.

Election prediction market volatility: Polymarket data shows that Biden's re-election probability has fallen to a record low of 15%, and Trump's election probability has soared to 64%.

3. Financing News Express

Compute Labs received investment: Solana-based GPU tokenization protocol Compute Labs completed a $3 million Pre-Seed round of financing with a valuation of $30 million.

Solayer financing progress: Solana ecosystem re-staking protocol Solayer announced the completion of a new round of financing, with Solana Labs co-founders and others participating in the investment.

Open Campus receives funding from Arbitrum: Open Campus announced that it has received funding from the Arbitrum Foundation to build its upcoming EDUChain project.

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