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BTC’s value soared by $5K in a matter of hours, SHIB was predicted to launch a bull run, while PEPE hit a new ATH.
QCP Capital expects the bitcoin price to return to $74,000 after the latest CPI print saw risk assets surge.
BTC price action has its doubters after swiftly jumping to new May highs, but some see Bitcoin continuing upward momentum into price discovery.
The Chicago Mercantile Exchange (CME) Group is considering launching bitcoin spot trading, according to a report.Discussions have been ongoing with traders, though the plan for spot trading rollout has not been finalized.
Spot Bitcoin exchange-traded fund inflows have surged to a two-week high as the underlying asset pumped 7% on key US inflation data.
The U.S. state of Wisconsin has recently revealed that it invested in a Bitcoin exchange-traded fund leading to speculation that other states could follow.
- 05:00Spectral has released an updated roadmap for 2024, planning to launch SYNTAX v2 in Q3Spectral Labs, the artificial intelligence network, announces the updated 2024 roadmap where SYNTAX will lead the future of Agentic Web3. They plan to launch more AI agents and tools in Q2 and collaborate with other Web3 companies to develop agents for specific use cases. In Q3, they will release SYNTAX v2, where users can create and earn their own agents through a conversational interface.
- 04:33Bitget's 5th Global Contract Trading Competition (KCGI) has opened for team leader registration, with a minimum of 10 people required to form a teamThe fifth Bitget Global Contract Trading Competition, KCGI (King's Cup Global Invitation), has officially opened for team leader registration. Those with contract assets of 100 USDT or more can register to become a team leader, and forming a team requires recruiting nine or more members. The registration period for team leaders is from May 17th at 00:00 to June 6th at 23:59. Since its inception, the Bitget KCGI tournament has attracted over 51,000 participants worldwide. In addition to the prize pool of 5 million USDT in this KCGI tournament, there will also be prizes such as Ferrari 296, Rolex watches and Messi series peripherals.
- 04:26The dYdX ecosystem development plan announces a new round of funding, with a total amount of $2.6 million for five grantsThe dYdX ecosystem development plan announces the latest round of funding, with a total amount of $2.6 million for five grants. Details are as follows: · Integration of Slinky sidecar from Skip Protocol, supporting new price oracle mechanisms and dYdX's permissionless market listing system. · Xenophon Labs tests and analyzes the upcoming LP Vault feature to be launched on dYdX. It allows users to provide liquidity in long-tail markets using delta-neutral market making strategies. · RHINO, kingnodes, Polkachu, and Lavender will manage Solana RPC nodes, enabling dYdX to access Solana's price data sources. · Funding Viktor Mirovic to manage four Solana RPC nodes increases redundancy and decentralized price discovery capabilities.
