2024.5.16 Cryptocurrency Events

I. Macro

(1) Hedge fund Millennium holds $2 billion in spot Bitcoin ETF

(2) Former Goldman Sachs employee founded crypto venture capital Neoclassic Capital

(3) The probability of the Federal Reserve keeping interest rates unchanged in June rose slightly to 91.6%

(4) The annual rate of US unadjusted CPI in April was 3.4%, expected to be 3.40%, and the previous value was 3.50%

(5) Data: 24% of the top 100 tokens by market value are at their lowest price this year, and 73% perform worse than BTC

(6) The ETH/BTC exchange rate fell to 0.04577, a new low since April 2021

II. Public chain

(1) CyberConnect was reshaped and renamed Cyber, transforming into a social re-staking modular L2

(2) Blast announced that it will be on June 26 Airdrop activity launched on the day

(3) A whale invested in AMC and GME in 2 days and achieved a 648% return rate

(4) L1 project Initia announced the launch of an 8-week incentive public test network

(5) Web3 infrastructure company Chainstack completed US$6 million in financing, with SBI Ven Capital and others participating

III. DeFi

(1) DeFi protocol developer Intensity Labs completed US$6.9 million in seed round financing, led by Polychain Capital and others

Application

(2) Humanity Protocol completed a new round of financing of US$30 million, with Animoca Brands and others participating

IV. CEX

(1) Bybit will launch IO and EIGEN on Pre-Market

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