Golden Weekly is a weekly blockchain industry summary column launched by Golden Finance, covering the week's key news, market and contract data, mining information, project dynamics, technological progress and other industry dynamics. This article is a project weekly, taking you to see the progress of mainstream projects and star projects this week.
Bitcoin
Nubank, a Brazilian digital bank, will integrate the Bitcoin Lightning Network
Golden Finance reported that according to information disclosed by Bitcoin Magazine, Nubank, the largest digital bank in Brazil, will integrate the Bitcoin Lightning Network. It is reported that the bank has about 100 million customers.
Founder of Barstool Sports: If the price of Bitcoin reaches $40,000, it will buy $10 million worth of Bitcoin
Golden Finance reported that Dave Portnoy, founder of media giant Barstool Sports, said on social media that if the price of Bitcoin reaches $40,000, I will use Barstool's money to buy $5 million to $10 million worth of Bitcoin, but not at $60,000.
He added, I already have a lot of personal Bitcoin, so don't get confused.
Analysis: Cooling inflation and rising stock markets cause Bitcoin prices to stagnate
Golden Finance reported that although stock indexes have risen as inflation eased as expected, Bitcoin has remained in the doldrums. Stocks rose slightly after the release of the personal consumption expenditures (PCE) price index data, with the Dow Jones Industrial Average, S&P 500 and Nasdaq 100 rising 0.23%, 0.39% and 0.55% respectively. In sharp contrast, the price of Bitcoin fell below $61,000. Market participants have been closely watching inflation data to predict when the Federal Reserve will begin to cut interest rates, which is generally considered to be beneficial for long-term portfolios with greater risk tolerance. Bitfinex analysts said that since the US presidential election debate between Donald Trump and Joe Biden on Wednesday, Bitcoin and the broader cryptocurrency market have been showing uncertainty and volatility.
Bolivia lifts ban on Bitcoin and crypto payments
Golden Finance reported that Bolivia lifted its ban on Bitcoin and crypto payments, officially legalizing it for financial entities.
JP Morgan: Bitcoin mining is attracting investor interest
Golden Finance reported that JPMorgan Chase (JPM) said in a research note on Monday that the Bitcoin mining industry is attracting a wave of investor interest following the deal between Core Scientific (CORZ) and artificial intelligence (AI) company CoreWeave. The bank noted that the total market value of the 14 miners it tracks has increased by 22%, or $4 billion, since the announcement, while Bitcoin has fallen 7% and the S&P 500 stock index has risen 3%.
Analysts Reginald Smith and Charles Pearce wrote that this reflects "alternative (and potentially more value-added) use cases for mining facilities and the scarcity and value of power access," adding that the Core Scientific deal "validates and will accelerate the diversification of miners" into high-performance computing (HPC) projects. ”
Ethereum
US SEC Chairman: Spot Ethereum ETF Approval Process Smooth
Golden Finance reported that SEC Chairman Gary Gensler reiterated in his speech today that there were major violations in the cryptocurrency field, and said that the process of approving Ethereum ETFs was "smooth", but refused to comment on the timetable for launching a spot Ethereum ETF.
Ethereum network gas fee dropped to 1 gwei
Golden Finance reported that Etherscan data showed that the average gas fee of multiple blocks on the Ethereum network has dropped to 1 gwei recently.
US SEC Chairman Expects Spot Ethereum ETF to Be Listed as Early as September
Golden Finance reported that Gary Gensler, Chairman of the U.S. Securities and Exchange Commission (SEC), recently said that it is expected to see the listing of spot Ethereum ETFs as early as September.
The Ethereum Foundation mailing list has been leaked
Golden Finance reported that Tim, a core developer of Ethereum and head of the All Core Developers (ACD) meeting Beiko revealed that the Ethereum Foundation's mailing list had been leaked. The vulnerability appears to have occurred on SendPulse, an email automation service used by the foundation. The attacker managed to send a phishing email from [email protected] to subscribers, falsely advertising a staking partnership with Lido. Tim Beiko later confirmed that the foundation had locked access to the mailing list.
Bloomberg Analyst: VanEck Submits Form 8-A for Spot Ethereum
Golden Finance reported that Bloomberg ETF analyst Eric Balchunas posted on the x platform that VanEck had just submitted Form 8-A for Spot Ethereum, which is only part of the process, but it should be noted that they submitted Form 8-A for Spot Bitcoin exactly 7 days before the launch of Spot Bitcoin.
Other Projects
The US SEC believes that Lido and Rocket Pool staking projects are securities
Golden Finance reported that according to market news, the US Securities and Exchange Commission believes that Lido and Rocket Pool are securities. Pool pledge projects are securities.
Solana Ecological Meme Coin Project WEN Acquires Cat Community
Golden Finance reported that Solana Ecological Meme Coin Project WEN has acquired @ShouldHaveCat, the largest cat community on the X platform. The specific acquisition amount has not been disclosed.
Solana Ecological AI Project TARS AI Has Burned More Than $15 Million in TAI
Golden Finance reported that Solana Ecological AI Project TARS AI has burned 100 million TAI tokens held by the team, worth more than $15 million, reducing the supply by 10%. In addition, as previously announced, weekly TAI destruction will continue, with proceeds from the TARS Cloud Program.
AI Dapp Project Ora Completes $20 Million in Financing
Golden Finance reported that the artificial intelligence (AI) Dapp project Ora has completed $20 million in financing, with Polychain, HF0 and Hashkey Capital participating.
It is reported that Ora is a blockchain project that integrates artificial intelligence into decentralized applications (Dapps). The new funds will enable the project to "continue to develop its technology and infrastructure to tokenize artificial intelligence models and introduce decentralized artificial intelligence into the Ethereum ecosystem."
Aevo: The second phase of the airdrop project AZUR tokens have been opened
On June 25, according to Aevo official news, its second Aevo airdrop project has been opened for collection, distributing AZUR tokens to users who meet the Azuro Aevo Airdrops qualifications. The airdrop is aimed at Aevo Stakers and Aevo Pre-launch traders. Qualified wallets need to have ETH on the Ethereum mainnet to claim the airdrop.
This week, the mainstream crypto projects on the entire network will unlock a total of $188 million worth of tokens
On June 24, according to Token Unlocks data, the mainstream crypto projects on the entire network will unlock a total of $188 million worth of tokens in the next 7 days. Seven projects will usher in a one-time large amount of token unlocking, including:
· AltLayer will unlock 105 million ALT at 18:00 on June 25, accounting for 6.92% of the circulating supply, with a value of approximately $19.88 million;
· Yield Guild Games will unlock 16.69 million YGG at 22:00 on June 27, accounting for 4.48% of the circulating supply, with a value of approximately $10.65 million;
· SingularityNET will unlock 8.57 million AGIX at 8:00 on June 28, accounting for 0.67% of the circulating supply, with a value of approximately $5.3 million;
· Echelon Prime will unlock 750,000 PRIME at 8:00 on June 30, accounting for 1.83% of the circulating supply, worth about 7.79 million US dollars;
· Optimism will unlock 31.34 million OP at 8:00 on June 30, accounting for 2.88% of the circulating supply, worth about 56.1 million US dollars;
· Ethena Labs will unlock 14.89 million ENA at 15:00 on June 30, accounting for 0.87% of the circulating supply, worth about 8.96 million US dollars;
· Sui will unlock 64.19 million SUI at 8:00 on June 31, accounting for 2.65% of the circulating supply, worth about 57.15 million US dollars.
Cheng Yuan
