Perps DEX project Perpl announced the completion of $9.25 million in financing, led by Dragonfly, with participation from Ergonia, Brevan Howard, Breed, L1D, and CMS. Perpl plans to utilize Monad's high-performance EVM architecture to build a central limit order book (CLOB) on its chain. The team is based in London and aims to launch a testnet, with plans to start the mainnet after Monad's mainnet goes live. #空投分享
Bank of America’s latest survey of global fund managers shows that investors' exposure to the dollar fell to a 19-year low in May. Currently, about 17% of investors have reduced their dollar holdings, the highest level since May 2006. The May survey also revealed that 40% of investors want to increase protection against a depreciation of the dollar. The proportion of investors who believe the dollar is overvalued is 57%, down 12 percentage points from April's survey, marking the largest monthly decline since September 2023. $BTC
Which states in the US have rejected cryptocurrency storage?
$Some bills have successfully passed, establishing a framework for state-level crypto reserves, but many others have not succeeded. Let's take a look at which states have rejected Bitcoin reserve bills. Florida In early May, the Sunshine State of Florida postponed and withdrew two bills aimed at incorporating Bitcoin into state finances.
Oklahoma On April 16, the Oklahoma Senate Finance and Taxation Committee voted 6 to 5 against HB 1203, the Strategic Bitcoin Reserve Act, marking a failed attempt by the state to establish a Bitcoin reserve.
The Democratic Party of Korea establishes a Digital Assets Committee ahead of the presidential election. Interested parties can check out the Korean exchange for a wave.
The Democratic Party of Korea announced that the Digital Assets Committee of its presidential election preparation committee will hold its first meeting. The committee has two subgroups, one focusing on industry growth and innovation, and the other focusing on supporting the policy and legal framework. These two subgroups aim to build a system that promotes collaboration between policy advisors and the private sector. $BTC
Ethereum successfully completes the Pectra upgrade
As a very important mainnet upgrade this year, Pectra lays a new foundation for the future development of Ethereum around Staking, L2 scaling, and account abstraction. Next, we will summarize the core highlights of this upgrade. 1. Improve the speed of Staking deposits and withdrawals In the past, Ethereum set the single-node staking limit at 32 ETH to maintain decentralization. However, this also led to excessively long queuing times for deposits and withdrawals during peak network periods. This upgrade raises the single-node limit to 2048 ETH, significantly improving fund flow efficiency after node consolidation in the future.
If tariffs are further downgraded, the Federal Reserve may be expected to cut interest rates
If tariffs are further downgraded, the Federal Reserve may be expected to cut interest rates. Current growth pressures are not reflected; April's non-farm payrolls remain strong, and the ISM manufacturing and services PMIs also maintain resilience. Even if the Federal Reserve wants to respond preemptively, there is not enough reason to do so, especially since Powell's term ends in May next year, and the risk of overreacting is significant. Therefore, in balancing the 'dilemma' between inflation and growth, the Federal Reserve is more likely to choose to observe rather than 'take the initiative.' However, if subsequent tariff risks can be further downgraded, the Federal Reserve would have the opportunity to cut interest rates again in the third or fourth quarter to ease growth pressures at that time.#降息预期
Wow, Solana 24H trending coins, Chicken Brother who practiced for two and a half years, truly amazing
IKUN: IKUN is a meme coin on the Solana chain. The token name 'IKUN' comes from the fan group 'iKun' of the well-known Chinese artist Cai Xukun, inspired by its fan culture and internet meme phenomena, such as 'little black fans' and other memes. The IKUN token contract address is AtortPA9SVbkKmdzu5zg4jxgkR4howvPshorA9jYbonk. This token is primarily community-driven, with significant price fluctuations, so it is recommended to DYOR. Due to market popularity, its market capitalization has reached approximately 10.88 million USD. $SOL
ZKsync and Matter Labs X accounts have been hacked again, please do not interact or click links
ZKsync Developers released an update on the X platform stating that the ZKsync and Matter Labs X accounts are still compromised, please do not interact. Previously, ZKsync Developers indicated that after the two X accounts were hacked, the team briefly regained control over these two accounts. $ZK
The Dogecoin ecosystem application development layer DogeOS announced the completion of a $6.9 million financing round, led by Polychain Capital. The project aims to build an application development layer on the Dogecoin blockchain, supporting a variety of consumer applications ranging from gaming to artificial intelligence, enhancing the Dogecoin ecosystem and its decentralized financial services. DogeOS plans to promote the practical application of DOGE by providing operating system-level development tools, fostering the integration of the community and on-chain innovation. $DOGE
1. Emotional Management: Establish "Contrarian Thinking" (reduce positions during euphoria / buy in batches during panic).
2. Risk Control: Mandatorily set a stop-loss line of 5%-10%, leverage usage not exceeding 20% of the principal.
3. Cognitive Upgrade: Focus on MVRV ratio, miner holdings, and other on-chain data, avoid projects with a market cap below 100 million USD.
4. Strategy Reconstruction: Use dollar-cost averaging into mainstream coins (e.g., fixed monthly investment in BTC) to hedge against volatility, allocate across 5-10 sectors to diversify risk.
The essence of a bull market is a tool for wealth redistribution. Retail investors must recognize their disadvantages in information, capital, and tools. Only by transforming investment from "emotional gambling" to a "systematic approach" can one preserve profits in an institution-led market. As investors summarize: "Making money in a bull market is enough for one person; making money in a bear market requires a group." - Restraint of greed and establishment of discipline is the core capability to navigate through cycles.