Huobi Daily

05/10 14:03

#MARKET The Bitcoin Fear and Greed Index is at 10 today, and the market sentiment is in extreme fear. BTC is currently at $31,786.05 on Huobi Global, down 1.55% in 24H. The total market cap of the global cryptocurrency market is $1,472.42 billion, and the 24-hour volume is $216.45 billion. #POLICY 1. Venezuela is considering 3% tax targeting expenses in foreign currency and crypto; 2. Tanzania shifts closer to own digital currency; 3. Bank of Japan Governor Kuroda Haruhiko said that private digital currency may bring problems to financial system; 4. The chairman of the Monetary Authority of Singapore (MAS) said that the issuance of retail CBDC needs to be restricted by monetary base; 5. The central bank governor said that Chilean Digital Peso would need to work offline; 6. Jamaica will launch CBDC this summer. #CRYPTOCURRENCY 1. New Fed report repeats warning about stablecoin run risks as UST loses peg; 2. 330,000 ETH valued at nearly $825 million have been moved into crypto exchange wallets in the last two weeks; 3. LFG address is cleared after transferring 28,205 BTC; 4. LFG will issue $1.5 billion in loans to help stabilize its UST stablecoin; 5. Justin Sun purchased 500 BTC at an average price of $31031.35; 6. Michael Saylor said that if price of BTC falls below $3,562, company could post some other collateral. #NFT 1. Azuki founder admits to running 3 NFT projects in a year; 2. 24-hour transaction volume of Azuki series NFT increased by more than 1,000%; 3. UK startup Copper begins offering custody for NFTs to meet institutional demand. #DEFI 1. Bancor V3 mainnet will be launched at 17:00 UTC on the 11th. #FUNDING 1. South Korean crypto disclosure platform Xangle closes USD 17M Series B investment round; 2. Opn completes $120M Series C funding; 3. Freeverse.io raises $10.5M for NFT assets that can change over time; 4. Web3 startup Naetion secures $150m Investment From GEM Digital; 5. Citigroup, Wells Fargo join $105 million round for crypto infrastructure firm Talos; 6. African crypto startup Jambo raises $30 million to build a web3 WeChat for the continent; 7. Bitcoin self-custody company Casa raises $21M. #WEB3 1. The web3 platform Flow launched a $725 million ecological fund.
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