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MakerDAO founder Rune Christensen said a future token named PureDai will serve as a fully decentralized alternative to Dai. PureDai will use ether and stETH as collateral and will have a free-floating peg. Dai holders will have the option to upgrade to PureDai once it becomes available, which is expected in a few years.
BTC’s value soared by $5K in a matter of hours, SHIB was predicted to launch a bull run, while PEPE hit a new ATH.
QCP Capital expects the bitcoin price to return to $74,000 after the latest CPI print saw risk assets surge.
BTC price action has its doubters after swiftly jumping to new May highs, but some see Bitcoin continuing upward momentum into price discovery.
The Chicago Mercantile Exchange (CME) Group is considering launching bitcoin spot trading, according to a report.Discussions have been ongoing with traders, though the plan for spot trading rollout has not been finalized.
Spot Bitcoin exchange-traded fund inflows have surged to a two-week high as the underlying asset pumped 7% on key US inflation data.
- 04:17Ronin launches a $10 million ecosystem funding fundChainCatcher News, the game blockchain Ronin announced on Twitter that it has launched a $10 million ecosystem funding fund to support developers and teams on Ronin. The single funding amount ranges from $20,000 to $300,000.
- 04:12Biden delivers farewell speech: Warns of the formation of "oligarchy politics" dominated by super-richU.S. President Biden delivered a farewell speech in the Oval Office on Wednesday. He warned Americans that power is dangerously concentrated in the hands of "a very small number of super-rich" and he fears this could impact American democracy. "Today, America is forming an oligarchy - extreme wealth, power, and influence are actually threatening our entire democracy, our basic rights and freedoms, and everyone's fair chance to move forward," said Biden, who was accompanied by his family and long-term aides. Biden expressed concern about the consequences if wealthy Americans use their influence to win tax cuts, revoke efforts to combat climate change, and reduce accountability. Biden compared it with former President Dwight Eisenhower's farewell speech where Eisenhower warned about the "military-industrial complex". Biden stated that the nation now faces threats from a "tech-industrial complex."
- 04:11Currently, there are 8 states in the United States leading the initiative to promote Bitcoin strategic reserve legislationAccording to ChainCatcher news and a report from Cointelegraph, currently, 8 states are leading the way in advancing Bitcoin strategic reserve bills. These states include: Florida Alabama New Hampshire Pennsylvania Ohio North Dakota Oklahoma Texas