Rhythm Evening News丨A list of important information in the crypto industry on June 5
Vitalik: Very dissatisfied with the experiment of celebrities issuing MEME coins
BlockBeats news, on June 5, Ethereum co-founder Vitalik responded to the discussion about "Celebrities issuing MEME coins" and said, "So far, I am very dissatisfied with "this round of celebrity experiments."
"Financialization is a means to an end", if the end is worthwhile (health care, open source software, art, etc.), I can respect it. But financialization as an end product, (vomiting expression).
Ashton and Mila's "Stoner Cats" is far more glorious than anything we've seen in the celebrity MEME era of 2024 - at least one real show was funded. How can we push things in a better direction? "
Bitcoin Rune's total market value exceeds $2.1 billion
BlockBeats news, on June 5, GeniiData data showed that Bitcoin Rune's total market value has exceeded $2.1 billion, reaching $2.16 billion, a 24-hour increase of 3.00%. The total 24-hour transaction volume reached $17.34 million (+16.34%).
The head project of the Rune ecosystem is DOG•GO•TO•THE•MOON, whose total market value has reached $925 million.
US Bitcoin spot ETFs have accumulated a net inflow of more than $14.8 billion
BlockBeats reported that on June 5, according to Farside Investors, US Bitcoin spot ETFs have accumulated a net inflow of $14.8498 billion since their launch. Among them:
BlackRock IBIT has accumulated a net inflow of $16.926 billion;
Fidelity FBTC has accumulated a net inflow of $9.3458 billion;
Bitwise's BITB has accumulated a net inflow of $2.0369 billion;
ARK 21Shares' ARKB has a cumulative net inflow of US$2.6283 billion;
Invesco BTCO has a cumulative net inflow of US$317.3 million;
Franklin Templeton's EZBC has a cumulative net inflow of US$359.1 million;
Valkyrie's BRRR has a cumulative net inflow of US$512.5 million;
VanEck HODL has a cumulative net inflow of US$529.4 million;
WisdomTree's BTCW has a cumulative net inflow of US$70.1 million;
Grayscale GBTC has a cumulative net outflow of US$17.8735 billion.
BNB breaks through 700 US dollars, setting a new record high
BlockBeats news, on June 5, according to OKX market data, BNB broke through 700 US dollars and is now quoted at 700.2 US dollars, with a 24-hour increase of 11.53%, setting a new record high.
Base ecosystem tokens generally rose, TYBG 24-hour increase of 46.9%
BlockBeats news, on June 5, according to market information, Base ecosystem tokens generally rose, including:
TYBG is currently quoted at 0.0002735 US dollars, a 24-hour increase of 46.9%;
MFER is currently quoted at 0.05307 US dollars, a 24-hour increase of 33.1%;
DEGEN is currently quoted at 0.02311 US dollars, a 24-hour increase of 7.1%.
XAI rose nearly 10% in a short period of time, temporarily reported at $0.95
BlockBeats news, on June 5, affected by "Bithumb's new XAI Korean won market trading", XAI rose nearly 10% in a short period of time, temporarily reported at $0.95.
Solana ecosystem meme coin DJCAT briefly broke through $0.006, with a 24-hour increase of 40.2%
BlockBeats news, on June 5, according to market information, Solana ecosystem meme coin DJCAT broke through $0.006 and is now quoted at $0.005711, with a 24-hour increase of 40.2%.
BlockBeats reminds users that meme coins have no actual use cases and their prices fluctuate greatly.
SLERF rose more than 32% in 24 hours, temporarily reported at $0.4251
BlockBeats news, on June 5, according to Bitget market data, SLERF rose more than 32% in 24 hours, temporarily reported at $0.4251.
FLOKI rose above $0.00034, up 27.45% in 24 hours
BlockBeats news, on June 5, according to OKX market data, FLOKI rose above $0.00034, and is now quoted at $0.000341, up 27.45% in 24 hours.
BlockBeats previously reported that on June 4, according to an official announcement, Floki announced that DWF Labs will buy $12 million worth of FLOKI to support its ecosystem. DWF Labs will purchase part of the tokens from the market, and the rest will be purchased from the Floki vault.
FLOKI becomes the meme coin with the largest number of holders on BNB Chain
BlockBeats news, on June 5, according to Bitcoin.com, the number of holders of the meme coin FLOKI on BNB Chain recently exceeded 417,400, making it the largest meme coin on the blockchain by market value and number of holders.
PIZZA engraving progress has reached 99.33%, and will be distributed soon
BlockBeats reported that on June 5, UniSat data showed that the progress of PIZZA engraving has reached 99.33%. PIZZA inscriptions will be distributed to users after the engraving is completed.
BlockBeats previously reported that on May 23, according to official news, UniSat announced that it would airdrop "PIZZA" inscriptions to eligible user wallets. After users apply for it on the page, they do not need to pay a handling fee. UniSat will send the inscription to the user's wallet after the engraving is completed. This gift is a thank-you gift to UniSat's long-term supporters and should not be regarded as an investment advice.
BlockBeats news, on June 5, zkSyncv24 version update has completed review and is scheduled to be deployed to the mainnet on June 6.
Reminder: The withdrawal and deposit functions of the native zkSync bridge will be disabled for 24 hours. Users can still use third-party bridges.
Data: Solana Ecosystem LST Protocol Sanctum TVL Exceeds 1 Billion US Dollars
BlockBeats news, on June 5, according to DefiLlama data, Solana Ecosystem LST Liquidity Aggregation Protocol Sanctum TVL exceeded 1 billion US dollars, and has now reached 1.024 billion US dollars, a record high.
Ondo team deposited $89 million worth of ONDO to CEX
BlockBeats news, on June 5, according to Scopescan monitoring, Ondo Finance deposited 62.3 million ONDO (about 89 million US dollars) to Coinbase. Despite the large deposit, the price of the token has not changed much.
Swell Network: The airdrop will be released linearly, and the amount depends on the number of pearls
BlockBeats news, on June 5, LSD protocol Swell Network said that the token airdrop for The Voyage event (8% of the total supply) will be mainly distributed in a linear release manner, and the number of tokens received depends on the number of Pearls held.
The airdrop distribution will be biased towards long-term community members, and this weight will be distributed in the form of a loyalty bonus, which will be adjusted based on a variety of factors, including the time deposited in Swell. In addition, voting rights in the DAO will be proportional to the number of SWELL held.
In the first phase of the DAO, where the token issuance begins, the forum governance channel will be opened and Snapshot voting will be enabled. At that time, DAO members will be able to submit proposals related to governance topics and vote, including the selection and addition of the EigenLayer Active Verification Service (AVS) to Swell L2.
Tether invests $18.75 million in blockchain financial institution XREX Group
BlockBeats reported that on June 5, stablecoin issuer Tether announced an investment of $18.75 million in blockchain financial institution XREX Group. The company plans to use the new funds to further promote cross-border payments using USDT in emerging markets, and will also work with Tether to develop regulatory technology tools to detect and prevent the illegal use of stablecoins.
XREX will work with the Unitas Foundation to launch a stablecoin XAU1 pegged to the US dollar, with Tether Gold (XAUt) for excess reserves.
BlockBeats news, on June 5, Upbit will add TAIKO won, BTC, USDT markets.
Deposit and withdrawal are expected to be opened after 21:00 on June 5, and the trading time will be notified separately.
Trump's cryptocurrency holdings value exceeds 31 million US dollars
BlockBeats news, on June 5, thanks to the rise in the price of MEME tokens in the address, the value of Trump's address crypto assets exceeded $31 million, reaching $31,516,650.93. Among them:
TRUMP position is worth $7.61 million; TROG position is worth $19.57 million; ETH position is worth $1.79 million.
10x Research: Bitcoin is expected to hit a record high next week
BlockBeats news, on June 5, according to the latest article from 10x Research, the US economy is slowing down, which is a good thing for now. GDP is just above 1%, the ISM manufacturing index has been in a state of contraction for several consecutive months, and the employment side continues to be weak, which has a negative impact on consumer spending. Last night, another key and forward-looking employment indicator, "job openings", slowed significantly, all of which will lead to lower inflation.
We will get more employment data this Friday, and a weaker surprise may lead to a rate cut, and next week we will receive the CPI inflation report. If the CPI grows 3.3% year-on-year or lower, a decline in US employment or inflation will promote further Bitcoin closing prices, so we expect Bitcoin to reach more than $73,500 by the end of next week.
Welcome to join the official BlockBeats community:
Telegram Subscription Group: https://t.me/theblockbeats
Telegram Discussion Group: https://t.me/BlockBeats_App
Official Twitter Account: https://twitter.com/BlockBeatsAsia
