Daily Report | Bitcoin mining difficulty decreased by 0.79% to 83.72 T; io.net has completed two rounds of financing totaling 40 million USD, with a latest valuation of 1 billion USD; as of May, the total market value of the top ten NFTs on the Bitcoin chain reached 1.03 billion USD
June 6 News OverviewOrganizer: Luan Peng, ChainCatcher
Important News:
- Standard Chartered: Bitcoin could reach $100,000 before the US elections
- CoinGecko: As of May, the total market cap of the top ten Bitcoin NFTs reached $1.03 billion
- Worldcoin: Survey shows 87% of Spanish WorldID holders support the resumption of Worldcoin operations in the country
- Data: Bitcoin mining difficulty decreased by 0.79% to 83.72 T
- Nigerian Minister of Information: The trial of Binance and its executives in Nigeria follows legal procedures
- io.net has completed a total of $40 million in two rounds of financing, with a latest valuation of $1 billion
- Uniswap founder: No opinion on meme coins or celebrity coins, creating a market for memes is cool
"What important events happened in the last 24 hours"
CoinGecko: As of May, the total market cap of the top ten Bitcoin NFTs reached $1.03 billion
A report released by CoinGecko shows that as of the end of May this year, the total market cap of the top ten Bitcoin NFTs, including Ordinals and Runes, has reached $1.03 billion, with an average daily trading volume of $2.25 million in May 2024.
Standard Chartered: Bitcoin could reach $100,000 before the US elections
Geoffrey Kendrick, head of foreign exchange and digital asset research at Standard Chartered, stated: "As the US elections approach, I expect Bitcoin prices to reach $100,000, and if Trump wins, it could reach $150,000 by the end of the year." "The Biden administration has recently shown a pragmatic attitude towards approving spot Ether ETFs, but then Biden vetoed efforts to repeal SAB121. So Trump is still friendlier than Biden."
A survey of 21,000 Worldcoin customers in Spain revealed that 81% of respondents feel safe using Worldcoin (15% are unsure). The survey results also showed strong support among Spanish respondents for the return of Worldcoin operations in the country (87% support, 9% are unsure).
Data: Bitcoin mining difficulty decreased by 0.79% to 83.72 T
Mempool data shows that Bitcoin mining difficulty underwent an adjustment today at 17:04 (block height 846720), decreasing by 0.79% to 83.72 T.
Data: Key indicator of Bitcoin bull market M2 reaches $94 trillion, a new historical high
According to Cointelegraph, the latest analysis released by Philip Swift, founder of the on-chain data platform LookIntoBitcoin, on June 5 shows that global liquidity (M2) is approaching $100 trillion, which will be a favorable condition for Bitcoin price increases in 2024.
Data: Six Hong Kong virtual asset ETFs had a trading volume of approximately HKD 59.85 million today
Hong Kong stock market data shows that by the close, the trading volume of six Hong Kong virtual asset ETFs today was approximately HKD 59.85 million, including: Huaxia Bitcoin ETF (3042.HK) with a trading volume of HKD 39.85 million; Huaxia Ether ETF (3046.HK) with a trading volume of HKD 10.26 million; Harvest Bitcoin ETF (3439.HK) with a trading volume of HKD 6.68 million; Harvest Ether ETF (3179.HK) with a trading volume of HKD 0.85 million; Bosera HashKey Bitcoin ETF (3008.HK) with a trading volume of HKD 0.875 million; Bosera HashKey Ether ETF (3009.HK) with a trading volume of HKD 1.3183 million.
According to Cointelegraph, Nigerian Minister of Information Mohammed Idris stated that the trial of Binance and its executive Tigran Gambaryan for illegal cryptocurrency trading in Nigeria follows the country's legal procedures. The legal process has adhered to due process at every stage, and the prosecutor is confident in their case based on the evidence collected. Binance will have the opportunity to defend itself in court against serious financial crime charges, with the next hearing scheduled for June 20, 2024.
According to a research report released by Binance Research on the decentralized artificial intelligence computing and cloud platform io.net, io.net has raised $40 million through two rounds of private placements, with a latest valuation of $1 billion. This accounts for 36.24% of the genesis token supply and 22.65% of the maximum token supply.
Binance new coin mining launched IO.NET (IO), can mine using BNB and FDUSD
According to the official announcement, Binance's new coin mining has launched the 55th project, the decentralized artificial intelligence computing and cloud platform IO.NET (IO). Users can deposit BNB and FDUSD into the IO mining pool on the Launchpool website after 08:00 (UTC+8) on June 7 to earn IO rewards, with a total of 4 days for mining IO. The website is expected to update about five hours before the mining activity opens.
Uniswap founder: No opinion on meme coins or celebrity coins, creating a market for memes is cool
Uniswap founder Hayden Adams stated on social media: "I have no opinion on meme coins or celebrity coins; I think meme attention is valuable, and creating a market for it is cool. That said, the fundamental purpose and value of this technology far exceed financial games. Moreover, the best builders in this field are driven by positive social change."
"What great articles are worth reading in the last 24 hours"
Meme Coin Operator: The ten meme coins you bought may all be issued by me
Old Mai refused to disclose how many meme coins he participated in issuing, having witnessed too many meme projects come and go. "For me, projects are like pets; I don't have high expectations for them. I have seen their entire life when they are born."
Bankless: Why does AI need the values of cryptocurrency?
The rapid development of AI technology requires the adoption of cryptocurrency principles.
The tech industry's dream of an AI revolution has always been a double-edged sword.
Releasing AI can solve the biggest challenges facing humanity, but it can also concentrate power in dangerous ways.
This is where crypto and blockchain come into play. The values that make cryptocurrency cool can also help AI become better. These values can help AI build a fairer, safer, and more open future.
Decentralization, permissionless innovation, open-source systems, privacy, transparency, user ownership. These are not just fancy words; they have the potential to open the black box of AI.
This is why the AI industry needs the magic of cryptocurrency.
If IO.Net can overcome challenges and cultivate a vibrant ecosystem, it has the potential to fundamentally reshape how we access and utilize computing power in the Web3 era.
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