$BTC Bouncing Back to $70K l Google Launching AI photo eraser: Crypto Daily & Macro News
📍 Daily news:
- $GBTC: Green returns on 10/04 with over +$124M flowing into Bitcoin spot ETFs, while Grayscale only sold -$17.5M, resulting in funds netting nearly +$142M.
- $BTC: Bouncing back to $70k, the price reaction is quite unpredictable. Despite the slightly negative impact of the Core CPI on the crypto market, causing BTC to pull back at $67.5k, the price of #BTC、 has shown a strong recovery.
- $UNI : Uniswap exchange receives a warning from the SEC regarding securities violations.
- $SWELL : Swell opens an airdrop farming program, allowing users to stake #ETH🔥🔥🔥 , $LST, $LRT, $ALT, and receive points from EigenLayer, Swell, and other L2 Swell projects.
- $GMT : M2E StepN game airdrops $30M GMT to NFT Genesis Speaker holders.
- $NEAR: Plan to hire AI engineers and will release a related announcement NEAR-AI in May.
- $ALPEN: Bitcoin Layer 2 project Alpen Labs raises $10.6M in funding, led by Ribbit Capital.
- #sui : Mysten Labs partners with Playtron to launch SuiPlay0x1.
- #THETA - $ATH: Theta announces a partnership with Aethir Cloud to launch the largest hybrid GPU marketplace for AI & DePIN.
📍Macro News
- President Joe Biden: Inflation higher than expected, the interest rate cut may be further delayed by another month or longer, but it is certain to be reduced before the end of the year
- Hot U.S. inflation data pushes market’s rate cut expectations to September
- Google launching AI photo eraser for iPhone and Android phones in May
- Biden and Kishida Enlist Amazon, Nvidia to Fund AI Research
- ADB Says Developing Asia Set for Growth as China’s Economy Slows