2024.5.14 Cryptocurrency Events
I. Macro
(1) Yesterday, 9 US ETFs reduced their holdings by a total of 866 BTC, and Hong Kong crypto ETF Hua Xia System saw an outflow of US$18.5 million
(2) GameStop’s increase expanded to 110%, triggering a circuit breaker for the fourth time during the session
(3) OpenAI released a new AI model GPT-4o, which can interpret users’ audio and video in real time and respond
(4) CoinShares report: Bitcoin mining costs about US$53,000, and miners are moving towards artificial intelligence
(5) Binance: The Fed’s postponement of interest rate cuts is still beneficial to growth assets such as cryptocurrencies
(6) Biden decided to ban China-controlled mining company MineOne from owning real estate near US missile bases
(7) Hedge fund management company Bracebridge Capital is currently the largest holder of Bitcoin ETFs
(8) Starknet, Aevo, Arbitrum, etc. will usher in a one-time large-scale unlocking this week, and Aevo will unlock about US$1 billion
II. Public chain
(1) Ethereum has an on-chain loan liquidation quota of approximately $48.05 million at around $2,778
(2) $NEAR announced that it will increase the number of shards from 4 to 6, and plans to launch stateless verification on the mainnet at the end of Q2
(3) Avail RPC is now available on Ankr
(4) EigenLayer creates a new X account BuildOnEigen
(5) Jack Melnick, former head of DeFi at Polygon Labs, joins Berachain as head of DeFi
(6) $BB BounceBit mainnet is launched, running as an independent Layer1 network, with BB serving as a gas fee token
(7) $FLOW - Flow announced the Crescendo network upgrade, introducing EVM Equivalence and Cadence 1.0. The first phase of the upgrade will begin on May 22.
(8) $FLOKI - The Floki community initiated a proposal to destroy more than 15 billion FLOKI
III. Projects
(1) $EGP Eigenpie will airdrop its EGP tokens to Binance Web3 Wallet and OKX Web3 Wallet users
(2) http://ether.fi: New deposits will receive $500,000 ONDO, and 1 ETHFI reward per day for every 1 ETH staked
(3) $BVM - BVM @punk3700 revealed that BVM v2 will be released next month.
(4) $CREO - Creo Engine announced an upcoming update to $CREO's deflation mechanism
(5) $SAGA - Saga announced that Vault Two snapshot will be taken in the next 30 days.
(6) $VENOM - Venom Foundation announced a strategic partnership with KuCoin Ventures.
(7) $ZIG - Zignaly has revealed new utility features.$ZIG becomes the currency for paying Gas on ZIGChain.
(8) Web3 AI platform ChainML completes $6.2 million seed round, led by Hack VC
(9) OpenAI releases new AI model GPT-4o, which can interpret users' audio and video in real time and respond
(10) Founder of http://io.net: The final snapshot of the first quarter rewards will be conducted before 8:00 on May 16
(11) UXLINK receives a new round of financing led by SevenX Ventures, INCE Capital and HashKey Capital
(12) Runestone founder: Giving up $25 million in $DOG allocation does not mean not caring about money. A more free and fair token should emerge in the crypto field
V. CEX
(1) OKX Runes market daily trading volume accounts for 51.08%, ranking first in the industry
(2) Binance Finance, one-click coin purchase, flash exchange, leverage, and contract launch BounceBit (BB)
