Rhythm Evening News｜A list of important information on May 16

Bitcoin fell below $66,000

BlockBeats news, on May 16, according to OKX market data, Bitcoin fell below $66,000, and is now quoted at $65,940, with a 24-hour increase narrowed to 3.69%.

The three major U.S. stock indexes hit new highs in early trading

BlockBeats news, on May 16, U.S. stocks opened higher, and the Dow Jones, SP 500 and Nasdaq once again hit new intraday historical highs. (Jinshi)

Analysis: The easing of the labor market and the resumption of the downward trend of inflation will increase the possibility of a rate cut in September

BlockBeats news, on May 16, the number of initial jobless claims in the United States fell last week, showing the potential strength of the job market. The number of initial jobless claims in the United States in the week ending May 11 was 222,000. Last week, the data rose to the highest level in more than eight months, and the slight decline this week reversed part of the increase last week.

The increase in the number of initial jobless claims this week was largely attributed to the surge in the number of people applying for unemployment benefits in New York related to the school spring break. Although the U.S. labor market remains healthy, it is steadily rebalancing after the Federal Reserve has raised interest rates by 525 basis points since March 2022. The easing of labor market conditions and the resumption of the downward trend of inflation have increased the possibility of a rate cut in September. (Jinshi)

NOT listing may cause Bybit's matching engine to crash, and its price is lower than other CEX

BlockBeats news, on May 16, according to market news, NOT's listing may cause Bybit's matching engine to crash, resulting in lower prices than other trading platforms. Bybit users can only place market orders now.

NOT opened at $0.037 and is currently reported at $0.012

BlockBeats news, on May 16, NOT opened at $0.037 on Binance and is now quoted at $0.012.

Binance launches liquidity matching program, allowing project parties to contact liquidity providers

BlockBeats news, on May 16, Binance announced that it has launched a liquidity matching program, and projects that hope to enhance liquidity and build a healthy ecosystem can contact qualified liquidity providers.

Upbit operator Dunamu Q1 net profit reached 199 million US dollars, a year-on-year decrease of 18%

BlockBeats news, on May 16, the operator of South Korean crypto trading platform Upbit Dunamu announced the consolidated financial results for the first quarter of this year:

1. Operating income (sales) was 531.1 billion won (about 395 million US dollars), operating profit was 335.6 billion won (about 249 million US dollars), and net profit for this period was 267.4 billion won (about 199 million US dollars);

2. Operating income increased by 74% year-on-year, and operating profit increased by 58%. Net profit for this period decreased by 18% year-on-year. Compared with the previous quarter, operating revenue increased by 60%, operating profit increased by 39%, while net profit decreased by 23% in this period.

Aethir: Mainnet launch date and TGE are coming after the Aethir Cloud Drop event

BlockBeats news, on May 16, the decentralized cloud computing infrastructure project Aethir stated on the social platform that the mainnet launch date and TGE are coming after the Aethir Cloud Drop event.

Aethir Checker node license owners will receive 15% of the ATH utility token supply for running their nodes and contributing to the success and overall stability of Aethir's decentralized GPU cloud infrastructure.

Checker node operator rewards are an important incentive for Aethir's community of node license owners to continue to work on Aethir's decentralized cloud infrastructure vision after TGE.

BlockBeats previously reported that on April 25, the decentralized cloud computing infrastructure project Aethir stated on the social platform that it would launch Aethir Cloud Drop, which will be launched today and last until May 12, and will distribute part of the upcoming ATH token supply to the community.

Floki DAO voted to pass the proposal to "destroy 15.246 billion FLOKI tokens"

BlockBeats news, on May 16, FLOKI officially announced that FLoki DAO voted to pass the proposal to "destroy 15.246 billion FLOKI tokens", with a support rate of 99.84%. According to the proposal, the tokens will be destroyed within a week.

Slerf: The final NFT casting date will be announced next week

BlockBeats news, on May 16, Slerf issued a statement explaining the recent project progress:

The final NFT casting date will be announced next week, and it is planned to complete the smart contract + integration in one week, complete the front-end development of the market in one week, and launch the trading market in two weeks.

The ultimate goal is that NFT will be launched in the second week of June or earlier.

EAI will be launched on NAKA DEX and Uniswap at 16:00 on May 17

BlockBeats news, on May 16, Eternal AI, an AI infrastructure on the Bitcoin chain, said on the social platform that its native token EAI will be launched on NAKA DEX and Uniswap at 16:00 on May 17.

The current circulating supply is 101,083,380 EAI, with a market value of US$12,433,256.

PancakeSwap intends to pay traders up to $8 million in interface fees generated on Uniswap

BlockBeats news, on May 16, PancakeSwap plans to pay traders up to $8 million in interface fees generated on Uniswap. Between May 16 and August 15, cryptocurrency traders who matched their Uniswap v3 trading volume 1:1 on PancakeSwap v3 will receive a full refund of Uniswap interface fees.

This reimbursement activity was launched shortly after Uniswap Labs raised the interface fee for most transactions from 0.15% to 0.25% in April.

Uniswap's interface fee is the fee that traders pay when they use the protocol's wallet interface and web application to perform certain token transactions.

BlackRock IBIT discloses 414 holders at the end of its first 13F report

BlockBeats news, on May 16, Bloomberg ETF analyst Eric Balchunas wrote that BlackRock IBIT had 414 holders at the end of its first 13F quarterly report, "This is incredible and broke the record. Even as a new thing, having 20 holders is very rare and significant."

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