#Sentient : The AI platform has just raised $85 million from notable names like Pantera, Framework, Founders Fund, and others.Currently, they are accepting waitlist registrations for participation in the upcoming testnet.

Summary of the Latest AI + Crypto Projects in 2024❄️

The number of AI Crypto projects has skyrocketed over the past year. Despite the variety of applications, Binance Research has categorized these projects into four main groups:

🟢 Intermediate Layers (AI Data Layer): Protocols that use resources to provide products for data verification, computation, etc.

🟢 User-Facing Applications: Projects leveraging AI to meet popular user needs such as trading, image creation, gaming, etc.

🟢 GPU: Projects providing computational resources (GPU-based) for model inference or data collection and rewarding users in return.

🟢 Model Training/Fine-Tuning: Projects focusing on training computer systems based on available data.

Summary of the Latest AI + Crypto Projects in 2024❄️

The number of AI Crypto projects has skyrocketed over the past year. Despite the variety of applications, Binance Research has categorized these projects into four main groups:

🟢 Intermediate Layers (AI Data Layer): Protocols that use resources to provide products for data verification, computation, etc.

🟢 User-Facing Applications: Projects leveraging AI to meet popular user needs such as trading, image creation, gaming, etc.

🟢 GPU: Projects providing computational resources (GPU-based) for model inference or data collection and rewarding users in return.

🟢 Model Training/Fine-Tuning: Projects focusing on training computer systems based on available data.

#Binance200M - Update Bitcoin Heat Map

Update #Bitcoin Heat Map

The South Korean government 🇰🇷 is considering postponing the taxation of profits from crypto investments until January 2028 (instead of January 2025).The Ministry of Finance stated that no final decision has been made yet, and it plans to announce the amendments to next year's tax laws by the end of this month. The taxation of crypto profits has already been delayed twice.
Source: #WuBlockchain #crptonews #crypto

Update Bitcoin Heat Map
Still largely red, except for wallets holding over 10K, which have turned yellow, neither accumulating nor distributing.
If this chart has such a high lag, by the time wallets turn green, Bitcoin has already pumped.

#BTC $BTC

DeFi Technologies, a Canadian company, has commenced storing Bitcoin, acquiring a total of 110 Bitcoins (approximately $7.7 million) to safeguard their reserve assets against currency depreciation. Following this news, DeFi Technologies' stock price (DEFTF) surged by 11%.

#BTC $BTC

🪙 Australia's first Bitcoin ETF from Monochrome (IBTC) has officially started trading today.

#btc $BTC

#Thailand approves its first Spot Bitcoin #ETF

$BTC

The #BlackRock Bitcoin ETF has surpassed $20 billion in under five months, the fastest in the history of all ETFs.
Bitcoin ETFs, in general, have seen continuous inflows for three weeks, amassing $2.4 billion in the past month. Only two ETFs attracted more money in May, SPY and VOO, both of which are S&P 500 ETFs.

#BTC $BTC

According to @HODL15Capital, Riot Platforms, one of the largest Bitcoin mining companies on the U.S. stock market 🇺🇸, did not sell any Bitcoin in May or April and currently holds up to 9,084 #BTC The supply on #OTC exchanges is limited, and not all miners are selling.

$BTC

🚀 Bitcoin is back to the 70k
$BTC

Investment firm Monochrome Asset Management (MAM) filed for a Bitcoin Spot ETF in April, which was quickly approved by the Australian Securities and Investments Commission.
The Monochrome Bitcoin ETF will begin trading on the Cboe Australia exchange tomorrow under the ticker IBTC.
Prior to IBTC, Australian investors could only invest in ETFs that indirectly held Bitcoin or through foreign Bitcoin products, neither of which benefited from Australia's investor protection rules.
Since the U.S. #SEC opened the door to #Bitcoin Spot ETFs earlier this year, many countries around the world have become more receptive to crypto ETFs, including the UK, Hong Kong, and most recently, Australia.

$BTC #IBTC

According to data from #CryptoQuant more than 3 billion USD worth of ETH has been withdrawn from exchanges following the approval of the ether ETF. Currently, only 10.6% of the total ETH supply remains on exchanges, the lowest level in many years.

Michael Nadeau, an analyst at DeFi Report, stated that unlike Bitcoin miners who often need to sell BTC to cover costs, Ethereum validators do not need to do this, which helps reduce selling pressure on #ETH
$ETH

Buy #YGG this price
Take profit 2$
$YGG

Donald Trump currently holds over 14 million USD worth of memecoins.
Note: These memecoins were airdropped to him by developers of various memecoin projects, not purchased by him.
Source: @ArkhamIntel

#DonaldTrump #mememcoinseason2024

Hold onto #People until the price reaches 0.2x.

#MarketSentimentToday $PEOPLE

#MarketSentimentToday

Market Brief for today

#BTC Spot ETF records two consecutive weeks of gains. On 31/05, Grayscale sold $124M, but BlackRock brought in $170M

President Biden supports the #SEC vetoing a bill aimed at abolishing the stringent SAB 121 accounting rule for crypto companies

April's PCE inflation remains relatively unchanged from the previous month - The positive point is that real spending has declined 
ARK Invest is no longer partnering with 21Shares for the Ethereum Spot ETF with no clear reason provided

The zkLink airdrop check portal is now open, with the token expected to launch in June. Current OTC price is around $1

Guide to playing the Solana-based game Backwoods to hunt for airdrops

Scroll - Updated Session Zero: 50% reduction in bridge fees, starting to score with assets moved such as USDC, USDT, wrsETH (Kelp #DAO ),...

Arkham offers a 1000 ARKM reward for identifying the culprit behind the $300M hack of the DMM Bitcoin exchange

#Ton wallets will support moving and paying gas fees with USDT

Tether invests $150M in Bitcoin mining company BitDeer

$BTC $ETH

$HIGH IS SILENTLY PULLING THE GAMEFI AND METAVERSE WAVE

This June, the GameFi trend will be very strong. This is an opportunity that Invest 7 believes everyone should seize.

This GameFi trend marks the most significant comeback yet, driven by large VC backers boosting new games.

Here are some notable GameFi VCs to watch:

Animocabrand
Skymavis
Binance
A16Z
OKX

Currently, a list of GameFi projects will be shared on the Channel, where you can research to find GEMS to HOLD.

For the best market capitalization in the gaming sector, consider allocating $5k-$10k-$15k to start HOLDing. In the long term, continue to HOLD as no one can predict the future, so allocate your capital wisely with DCA. The recent panic sell-off was a lesson.

The most attractive games are still those playable on mobile with large VC participation. Recently, investment funds have been focusing on: Onchains Game, AA... Specifically, Skymavis is selecting basic games optimized for user experience.

#GameFi. $HIGH