Wang Bu Ai Market Sharing-240502
Market Trend:
1. The overall market continues to decline, BTC fell below 57,000, and ETH fell below 2,900
2. The decline of altcoins is limited, and the correction is relatively small
Industry News:
1. Powell: I don’t have much confidence in whether there will be a rate cut this year, and I don’t know whether inflation will fall enough to cut interest rates.
2. The US stock crypto sector followed BTC’s decline, and MicroStrategy fell by 3%.
3. Tether’s net profit in the first quarter exceeded US$4.52 billion, a record high.
4. Jito and other 6 projects are planning to launch Solana re-staking services.
5. Tether increased its holdings by about 8,900 BTC in Q1, and its current total holdings reached 75,353 BTC.
6. RWA tokenization company Securitize completed US$47 million in financing, led by BlackRock.
7. The "Nakamoto" upgrade of Bitcoin L2 Network Stacks has been delayed again, requiring an additional 8 weeks of development and testing time.
8. Bitcoin L2 Network BOB launched the first phase of the mainnet launch, and BOB Fusion Season 2 is about to be launched.
9. Yesterday, the US Bitcoin spot ETF had a net outflow of US$559.5 million.
10. Since CZ pleaded guilty in November 2023, six states in the United States have successively revoked Binance.US's license.
