Raydium LaunchLab created more than 119,000 tokens, with a graduation rate of only 0.21%
Dune data shows that since the launch of Raydium LaunchLab on April 16, the platform has created a total of 119,123 tokens, but only 253 of them have been successfully listed on the external trading market, with a graduation rate of only 0.21%.
According to Lookonchain, a smart trader who made more than $15 million on Hyperliquid is now shorting tokens such as ETH, BTC, AVAX, SOL and USUAL, and has placed 100 ETH limit short orders between $2460 and $2480.
Beorn recently published an article on the X platform, pointing out that Berachain has three major design errors: not limiting Boyco TVL, not issuing BERA airdrop rewards to Boyco in the initial stage, and setting limits on the PoL treasury. These decisions are considered to be the main reasons for the decline in $BERA prices. In his comments, Smokey the Bera, the anonymous co-founder of Berachain, admitted that the first two were major mistakes, and said that the PoL strategy shifted too quickly and it was also worth reflecting on. Although admitting that there were mistakes in the initial design of the project, Smokey said that he was confident in the resilience of the team and ecosystem and the group of builders, and expected that Berachain would usher in a positive change in the medium term by optimizing the PoL mechanism and achieving non-correlation breakthroughs. Beorn also said that he would publish a long article to explain his bullish reasons.
Former BlackRock investment manager Jennifer Thornton joins crypto asset management company Bitwise
According to Decrypt, Jennifer Thornton, a former BlackRock portfolio manager, switched to crypto asset management company Bitwise in 2021 and is now responsible for a number of investment strategies including the "Blue Chip NFT Index Fund." She switched from trading U.S. bonds to NFTs such as Bitcoin and Pudgy Penguins.
Blum co-founder Vladimir Smerkis arrested in Moscow on suspicion of massive fraud
According to The Block, Vladimir Smerkis, co-founder of Telegram Mini App "Blum" and former head of Binance CIS region, was arrested in Moscow on suspicion of large-scale fraud. The Zamoskvoretsky District Court in Moscow approved the request for his detention and launched an investigation under Article 159 of the Russian Criminal Code (particularly large-scale fraud). The Blum project subsequently announced that Smerkis had resigned as chief marketing officer and was no longer involved in project development or co-founder. It has been reported that the charges may be related to the The Token Fund and Tokenbox projects he previously led, which raised millions of dollars in funds but ultimately failed to deliver on their promises, causing investors to suffer losses. Blum launched the "Drop Game" in May 2024, where users earn "Blum Points" by clicking on snowflakes on the screen, and promised to redeem them for tokens in the future. However, the airdrop plan has been postponed many times, and there is no clear timetable for the token generation event (TGE) so far.
Former US President Biden diagnosed with prostate cancer, Trump wishes him a speedy recovery
According to US media reports, on Sunday local time, the private office of former US President Biden issued a statement saying that Biden was diagnosed with aggressive prostate cancer and that the cancer cells had spread to the bones. "Last week, after experiencing more and more urinary system symptoms, Biden was diagnosed with prostate nodules. On Friday, he was diagnosed with prostate cancer with a Gleason score of 9 (grade 5) and bone metastasis." The statement also said, "Although this is a more aggressive disease, this cancer appears to be sensitive to hormones and can therefore be effectively managed." The statement said Biden and his family "are reviewing treatment options with his doctors." US President Trump said that Melania and I were sad to hear about Joe Biden's recent medical diagnosis. We extend our warmest and best wishes to Jill (Biden's wife) and his family, and wish Joe a speedy recovery.
The probability of the Federal Reserve keeping interest rates unchanged in June is 91.4%.
According to CME's "Fed Watch": the probability of the Fed keeping interest rates unchanged in June is 91.4%, and the probability of a 25 basis point rate cut is 8.6%. The probability of the Fed keeping interest rates unchanged in July is 66.9%, the probability of a cumulative 25 basis point rate cut is 30.8%, and the probability of a cumulative 50 basis point rate cut is 2.3%.
According to Token Unlocks data, PYTH, ZKJ, PIXEL and other tokens will be unlocked in large amounts next week, including: Pyth Network (PYTH) will unlock about 2.13 billion tokens at 10 pm Beijing time on May 19, accounting for 58.62% of the current circulation and worth about US$338 million Polyhedra Network (ZKJ) will unlock about 15.53 million tokens at 8 am Beijing time on May 19, accounting for 5.3% of the current circulation and worth about US$32.3 million Pixels (PIXEL) will unlock about 91.18 million tokens at 6 pm Beijing time on May 19, accounting for 11.83% of the current circulation and worth about US$4.7 million SPACE ID (ID) will unlock about 12.65 million tokens at 8:00 a.m. Beijing time on May 22, which is 2.94% of the current circulation and worth about $2.7 million. Eigenlayer (EIGEN) will unlock about 1.29 million tokens at 3:00 a.m. Beijing time on May 21, which is 0.43% of the current circulation and worth about $1.65 million. Coin98 (C98) will unlock about 16.53 million tokens at 7:00 p.m. Beijing time on May 23, which is 1.74% of the current circulation and worth about $1.05 million. Karrat (KARRAT) will unlock about 15.11 million tokens at 8:00 a.m. Beijing time on May 23, which is 4.62% of the current circulation and worth about $1 million.
Analyst: Bitcoin's compound annual growth rate may stabilize at 8% in 15-20 years
Willy Woo, a well-known cryptocurrency analyst, wrote on the X platform that "Bitcoin has long passed the stage of several times the annual growth in 2017. 2020 is a key year for Bitcoin's institutionalization. Companies and sovereign institutions began to hoard Bitcoin, and the compound annual growth rate dropped from more than 100% to 30 to 40%. Bitcoin is now traded as the latest macro asset in 150 years. It will continue to absorb global capital until it reaches some kind of equilibrium point. Considering that long-term monetary expansion is about 5% and GDP growth is 3%, I think Bitcoin's final annual compound growth rate will stabilize at around 8%. It may take another 15 to 20 years before reaching the equilibrium point. There are almost no other publicly investable assets that can match Bitcoin in long-term performance."
A whale has withdrawn 2.209 trillion PEPE from Binance in the last 25 hours, worth $29.16 million
According to the on-chain analyst Ember, whale 0x6ea4 has withdrawn 2.209 trillion $PEPE from Binance to the chain in the last 25 hours, worth $29.16 million. Excluding CEX addresses and addresses that have been blacklisted by PEPE officials, it has become the second largest whale/institutional address on the PEPE chain.
Rich Dad Poor Dad author predicts Bitcoin will rise to $250,000 this year
Robert Kiyosaki, author of Rich Dad Poor Dad, tweeted that the value of Bitcoin, gold and silver will continue to rise. He is buying more Bitcoin and expects Bitcoin to rise to $250,000 this year, and recommends "buy more, don't sell."
