1) Market Trends
BTC fluctuates, altcoins generally decline, and the market may enter an adjustment period in the short term.
US stocks are flat, and gold is rising due to weak US economic data. Trump calls for interest rate cuts, and the market expects the Federal Reserve to cut rates twice this year.
2) Market Highlights
1. ETH leads with strength: Vitalik repurchases, BlackRock sells BTC to buy ETH, and there are clear signs of recovery in the public chain sector.
2. New coin LA experiences severe fluctuations: Coinbase goes live, Gate contract prices are seriously misaligned, leading to multiple liquidations. Lagrange is a cross-chain zero-knowledge proof protocol.
3. BN Alpha launches three projects:
Resolv: Delta neutral stablecoin protocol on the ETH chain
Cudis: Crypto wearable device application on the Solana chain
Fly: Magpie Protocol rebranded as Fly.trade, positioned as a trading aggregator
