$WIF $UMA $LPT
Morning report on May 10
1. BTC market dynamics
$btc continued its volatile upward trend, breaking through $63,000, and altcoins collectively rose. Will the weekend market be staged again?
2. New progress in TON ecology
@thenotcoin is listed on @okx and @binance, and the TON ecology has entered the value discovery stage again.
3. ZKasino fund refund
With the assistance of @binance, @ZKasino_io has returned all funds to the "staking wallet" and is waiting to be distributed to the victimized users.
4. Joe Lubin talks about SEC
Ethereum co-founder Joe Lubin said that the SEC is trying to create "FUD" and push cryptocurrencies offshore.
5. ETH inflation asset recovery
ETH has been restored to an inflation asset after the Dencun upgrade.
6. Jupiter Perps Update
Two updates were launched: bundling Oracle updates and position requests, and returning collateral for expired orders.
7. He Yi responded to WSJ reports
He Yi responded to WSJ reports on DWF, pointing out that some mainstream media articles are emotional and biased.
8. Synthetix launches Infinex
Synthetix launched a perpetual contract trading platform Infinex: Depositing USDC after May 13 will earn 377 million governance points GP.
9. Ripple and XRL Labs join the DeRec Alliance Ripple and XRL Labs join the Digital Asset Recovery Protocol DeRec Alliance.
10. Coinbase launches a new contract market
Coinbase International Station and Coinbase Advanced launch AR, HBAR, THETA perpetual contract markets.
Market analysis
The market has been rebounding on Thursday night for several consecutive weeks, ending at the latest on Monday, or ending early on Sunday. The main forces of this rebound include strong sectors such as Solana, memecoin and AI, and investors need to accurately select bottom-fishing targets.
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