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On May 12, according to Lookonchain monitoring, trader Roaring Kitty (@TheRoaringKitty), who gained fame during the GameStop short squeeze, deleted a tweet related to RKC, causing the price of RKC to drop by 90%. However, the RKC developer has cashed out 6,260 SOL, approximately $611,000. The developer used 10 wallets to spend 20 SOL (about $1,950) to purchase 395.18 million RKC, accounting for 39.52% of the total supply, and then sold all of it for 5,071 SOL (about $495,000). The developer also collected 1,209 SOL (about $118,000) through creator fees.

[Roaring Kitty Deletes Post, RKC Plummets 90%; Developer Cashes Out $611,000]On May 12, according to Lookonchain monitoring, trader Roaring Kitty (@TheRoaringKitty), who gained fame during the GameStop short squeeze, deleted a tweet related to RKC, causing the price of RKC to drop by 90%. However, the RKC developer has cashed out 6,260 SOL, approximately $611,000. The developer used 10 wallets to spend 20 SOL (about $1,950) to purchase 395.18 million RKC, accounting for 39.52% of the total supply, and then sold all of it for 5,071 SOL (about $495,000). The developer also collected 1,209 SOL (about $118,000) through creator fees.

Roaring Kitty Deletes Post, RKC Plummets 90%; Developer Cashes Out $611,000

On May 12, it was announced that the Ordinals browser will officially shut down on June 1. Over the past three years, the platform has evolved into a Bitcoin inscription exploration tool used by over a million people, introducing features such as the Satributes for discovering rare inscriptions and real-time monitoring of Runes minting. The team stated that to preserve the Bitcoin culture represented by the platform, complete historical data including likes, replies, and public address records will be uploaded to GitHub for future developers to reference. The team expressed gratitude to all artists, collectors, developers, and users who have participated.

[Bitcoin Ordinals Browser Ord.io to Cease Operations on June 1]On May 12, it was announced that the Ordinals browser will officially shut down on June 1. Over the past three years, the platform has evolved into a Bitcoin inscription exploration tool used by over a million people, introducing features such as the Satributes for discovering rare inscriptions and real-time monitoring of Runes minting. The team stated that to preserve the Bitcoin culture represented by the platform, complete historical data including likes, replies, and public address records will be uploaded to GitHub for future developers to reference. The team expressed gratitude to all artists, collectors, developers, and users who have participated.

Bitcoin Ordinals Browser Ord.io to Cease Operations on June 1

On May 12, Consensys officially announced that it submitted a comment letter to the U.S. Securities and Exchange Commission (SEC), stating that the SEC's latest interpretive framework for crypto assets may leave regulatory gaps, causing compliance uncertainty for self-custody wallet providers like MetaMask. Consensys requested that the SEC clarify through a targeted safe harbor or other exemptions that self-custody, user-driven interfaces, which only support the trading of non-security crypto assets that may be attached to investment contracts, should not be required to register as broker-dealers. Consensys emphasized that this move aims to ensure that U.S. users can continue to use open and neutral peer-to-peer blockchain tools.

[Consensys Submits Comment Letter to SEC Suggesting Safe Harbor for Self-Custody User Interfaces]On May 12, Consensys officially announced that it submitted a comment letter to the U.S. Securities and Exchange Commission (SEC), stating that the SEC's latest interpretive framework for crypto assets may leave regulatory gaps, causing compliance uncertainty for self-custody wallet providers like MetaMask. Consensys requested that the SEC clarify through a targeted safe harbor or other exemptions that self-custody, user-driven interfaces, which only support the trading of non-security crypto assets that may be attached to investment contracts, should not be required to register as broker-dealers. Consensys emphasized that this move aims to ensure that U.S. users can continue to use open and neutral peer-to-peer blockchain tools.

Consensys Submits Comment Letter to SEC Suggesting Safe Harbor for Self-Custody User Interfaces

On May 12, the central rate of the Renminbi against the US dollar was adjusted up by 41 points to 6.8426, marking the highest level since March 24, 2023. The previous trading day's central rate was 6.8467, with the official closing price at 6.7954 and the night session closing at 6.7963.

[Renminbi to US Dollar Central Rate Rises by 41 Points, Reaches Highest Level Since March 2023]On May 12, the central rate of the Renminbi against the US dollar was adjusted up by 41 points to 6.8426, marking the highest level since March 24, 2023. The previous trading day's central rate was 6.8467, with the official closing price at 6.7954 and the night session closing at 6.7963.

Renminbi to US Dollar Central Rate Rises by 41 Points, Reaches Highest Level Since March 2023

On May 12, the yield on Japan's 5-year government bonds rose to 1.915%, setting a new historical high. (Tokyo News Agency)

[5-Year Japanese Government Bond Yield Hits Record High]On May 12, the yield on Japan's 5-year government bonds rose to 1.915%, setting a new historical high. (Tokyo News Agency)

5-Year Japanese Government Bond Yield Hits Record High

On May 12, according to Alternative data, the cryptocurrency Fear and Greed Index today is at 49 (up from 48 yesterday), indicating that market sentiment remains 'neutral'. Note: The fear index ranges from 0 to 100 and includes the following indicators: volatility (25%) + market trading volume (25%) + social media activity (15%) + market surveys (15%) + Bitcoin's dominance in the market (10%) + Google Trends analysis (10%).

[Crypto Fear Index Stands at 49, Market Sentiment Remains 'Neutral']On May 12, according to Alternative data, the cryptocurrency Fear and Greed Index today is at 49 (up from 48 yesterday), indicating that market sentiment remains 'neutral'. Note: The fear index ranges from 0 to 100 and includes the following indicators: volatility (25%) + market trading volume (25%) + social media activity (15%) + market surveys (15%) + Bitcoin's dominance in the market (10%) + Google Trends analysis (10%).

Crypto Fear Index Stands at 49, Market Sentiment Remains 'Neutral'

SAGA fluctuated by 51.6% within 24 hours, current price $0.0295

【SAGA fluctuated over 50% in 24 hours!】SAGA fluctuated by 51.6% within 24 hours, current price $0.0295

SAGA fluctuated over 50% in 24 hours!

On May 12, economist Ma Guangyuan published an article stating that the current market indeed resembles the period just before the 1999 bubble burst. The reason for comparing it to the 1999 market is that 1999 marked the peak of the internet frenzy, with the Nasdaq index rising approximately 400% from 1995 to 2000, and a staggering 150% increase in just 18 months from 1999 to 2000. Companies like Cisco, Yahoo, AOL, and Amazon had price-to-earnings ratios commonly between 100 to 300 times, with numerous concept-based companies going public and experiencing surges of 300% to 1000% upon listing, despite having no revenue or profits. After the internet bubble burst, the Nasdaq index experienced a terrifying decline. After reaching a historical peak of 5048.62 points in March 2000, it plummeted to 1114.11 points by October 2002, resulting in a cumulative drop of 78% and evaporating over $5 trillion in market value. Therefore, today, as everyone discusses AI narratives and valuations, one cannot help but recall the stories and narratives from that time, which are almost identical to what is being said today. (Dongxin News Agency)

[Ma Guangyuan: The Current Market Resembles the Pre-Bubble Burst of 1999]On May 12, economist Ma Guangyuan published an article stating that the current market indeed resembles the period just before the 1999 bubble burst. The reason for comparing it to the 1999 market is that 1999 marked the peak of the internet frenzy, with the Nasdaq index rising approximately 400% from 1995 to 2000, and a staggering 150% increase in just 18 months from 1999 to 2000. Companies like Cisco, Yahoo, AOL, and Amazon had price-to-earnings ratios commonly between 100 to 300 times, with numerous concept-based companies going public and experiencing surges of 300% to 1000% upon listing, despite having no revenue or profits. After the internet bubble burst, the Nasdaq index experienced a terrifying decline. After reaching a historical peak of 5048.62 points in March 2000, it plummeted to 1114.11 points by October 2002, resulting in a cumulative drop of 78% and evaporating over $5 trillion in market value. Therefore, today, as everyone discusses AI narratives and valuations, one cannot help but recall the stories and narratives from that time, which are almost identical to what is being said today. (Dongxin News Agency)

Ma Guangyuan: The Current Market Resembles the Pre-Bubble Burst of 1999

On May 12, Japanese Finance Minister Katsunobu Kato stated that he held a two-hour meeting with US Treasury Secretary Janet Yellen last night to discuss the financial market situation, including foreign exchange. He reaffirmed the close cooperation based on last year's joint statement. The discussions also covered critical mineral supply chains and broad international cooperation on artificial intelligence. (Dongxin News Agency)

[Japanese Finance Minister Discusses Financial Market Conditions with US Treasury Secretary]On May 12, Japanese Finance Minister Katsunobu Kato stated that he held a two-hour meeting with US Treasury Secretary Janet Yellen last night to discuss the financial market situation, including foreign exchange. He reaffirmed the close cooperation based on last year's joint statement. The discussions also covered critical mineral supply chains and broad international cooperation on artificial intelligence. (Dongxin News Agency)

Japanese Finance Minister Discusses Financial Market Conditions with US Treasury Secretary

Twitter account @Darthmadonna revealed that the NFT series "MOTHER OF CREATION" launched by American singer Madonna in collaboration with well-known NFT artist Beeple has raised 309 ETH (about 625,000 US dollars), and the funds raised will be used for 3 charities Organizations, namely the Children's Voice Foundation, the Happy City Foundation, and the Black Moms Relief Program. "Mother of Creation" is a collection of three NFTs, namely: MOTHER OF NATURE, MOTHER OF EVOLUTION, and MOTHER OF TECHNOLOGY. The most expensive NFT in this series is MOTHER OF NATURE, which sells for 170.5 ETH.

Detail

【Madonna's "Mother of Creation" NFT raises 309 ETH to donate to three women's and children's charities】Twitter account @Darthmadonna revealed that the NFT series "MOTHER OF CREATION" launched by American singer Madonna in collaboration with well-known NFT artist Beeple has raised 309 ETH (about 625,000 US dollars), and the funds raised will be used for 3 charities Organizations, namely the Children's Voice Foundation, the Happy City Foundation, and the Black Moms Relief Program. "Mother of Creation" is a collection of three NFTs, namely: MOTHER OF NATURE, MOTHER OF EVOLUTION, and MOTHER OF TECHNOLOGY. The most expensive NFT in this series is MOTHER OF NATURE, which sells for 170.5 ETH.

Madonna's "Mother of Creation" NFT raises 309 ETH to donate to three women's and children's charities

Top Ethereum Holder Makes Bold Move Says ETH Is Close to Generational Run, Here’s When

Coinbase裁员14%，熊市和AI哪个才是主因？

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Article

Whale Goes Long on Micron Technology, Floating Profit Reaches $4.5 Million

Madonna's "Mother of Creation" NFT raises 309 ETH to donate to three women's and children's charities

Disclaimer：The content above does not represent HTX's positions.，HTX does not provide any trading recommendations.。

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