Today
2025/05/07

Market news: Futu Securities is testing cryptocurrency deposits, which may support USDT/USDC deposit.

Odaily News According to user @FORAB, Futu Securities may soon officially announce the launch of the crypto assets deposit function, which is currently undergoing internal testing. The first phase is expected to support USDT and USDC stablecoin deposits, allowing users to directly invest in US stocks, Hong Kong stocks, and Japanese stocks through their Futu account. This function is described as a new addition to the existing comprehensive account's crypto assets zone, and the functionality is relatively simple. He also stated that there is a countdown for internet brokerages to enter the crypto world on a large scale and to integrate stablecoins.
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Emirati digital asset company Fuze completes $12.2 million Series A financing.

Gate.io News bot message, Forbes reported that UAE digital asset startup Fuze has completed a $12.2 million Series A financing, with a total financing amount reaching $20 million. This round of financing was co-led by Galaxy and e& capital. Fuze was founded in 2023, focusing on providing digital asset as a service (DAaaS) infrastructure for banks and enterprises in the Middle East and Turkey. Currently, the company has over 300 institutional clients and has achieved a trading volume exceeding $2.2 billion and reached profitability in the past 12 months. It is reported that Fuze will use this financing for regional and international market expansion, product innovation, and compliance construction.
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Green 60-Day Holding Period Bond Fund Established

Jin10 reported on May 7 that the Green Fund announced the establishment of the Green 60-Day Holding Period Bond Fund, which raised 265 million yuan, with the fundraising period from April 16 to April 29, receiving 418 valid subscriptions.
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Aave proposes to launch a Uniswap V4 LP lending module to promote GHO lending and revenue sharing among protocols.

Aave Labs proposed to the Uniswap DAO the launch of the Uniswap V4 LP Holdings Manager module, which utilizes V4 Liquidity Position to collateralize and borrow the GHO stablecoin, with plans to expand to other assets. This module is integrated into Aave V4, and the Uniswap DAO can receive 50% of the GHO borrowing Interest as revenue. The proposal includes a $3.3 million UNI grant and a 2.4 million UNI incentive release mechanism.
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Zhong Chumai: The catalyst industry has broad prospects for future development.

On May 7, Jin10 reported that Zhongchumei stated at the performance briefing for the 2024 fiscal year and the first quarter of 2025 that catalysts are the core technology of the petrochemical industry, known as the "chip" of the chemical industry. The catalyst industry has high technical barriers and qualification verification barriers, with a long product certification cycle and strong customer loyalty. The R&D innovation and industrial application of catalysts have become an important direction for technological upgrades in the chemical industry. As the core support of modern industry, the catalyst industry has broad prospects for future development.
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Grok has launched an upgraded PDF generation feature that supports automatic generation of documents such as resumes and contracts.

PANews, May 7th news, according to Grok's official announcement, its web version Grok Studio has now launched the beta version of the PDF generation feature. Users can enter their requirements on grok.com to automatically generate various documents including resumes, contracts, menus, and more. This feature is called "Prompted Document Format", providing new tools for office automation.
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The A-share beverage manufacturing zone rose during the session, Andeli once again hit the涨停, *ST Blue Yellow hit the涨停, Guotou Zhonglu, Knight Dairy, and Panda Dairy all rose over 4%, while *ST Yedao, Lizi Garden, and others followed suit.

Pop Mart once again sees large block trading before the market, possibly due to the expiration of the Fengqiao Capital Fund.

Golden Ten Data on May 7, Bubble Mart (09992. HK) reappeared in pre-market block trading, and an investor sold about 3.86 million shares of Pop Mart at HK$190.20 per share, involving about HK$734 million. According to public information, Pop Mart had been reduced by investors twice in a row in the previous week, involving about HK $1.5 billion. The reporter learned from a person close to Bubble Mart that the continuous reduction is not a reduction by the company's management, and from the perspective of the pace of reduction, it is likely to be a natural reduction of the fund at the expiration of the fund, which has nothing to do with the company's fundamentals. The reporter checked the equity information of Bubble Mart and found that the three reductions in the past week were 4.05 million shares, 4 million shares, and 3.86 million shares, totaling 11.91 million shares, accounting for about 0.9% of the company's shares. Compared with the equity information, this reduction is very likely to be the expiration of all the Bubble Mart shares held by Bee Qiao Capital Fund.
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Kaito airdropped $71 million in tokens to Yappers users, with over 200,000 monthly active users.

According to the Gate.io News bot, data from the official Kaito dashboard shows that Kaito has completed the distribution of a total value of $71 million in Token Airdrops (excluding Kaito itself). Among them, the BOOP Airdrop is valued at $30 million, and the Airdrop values for the three projects Story, Eigenlayer, and Berachain each exceed $10 million. Data also shows that Kaito's current annual income reaches 32.95 million USD, and the number of monthly active Yappers users exceeds 200,000. Source: Wu Shuo
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Large Investors completed transactions worth nearly 5 million USD in 5 hours.

Gate.io News bot message, according to on-chain data, a series of large Crypto Assets transactions were made with the wallet associated with jez (@izebel_eth) in the past 5 hours: Sell 10,000 AAVE coins at a price of $170.7, receiving 1.7 million USDC; sell 100 MKR coins at a price of $1,438, receiving 1.437 million USDC; sell 1,001.56 ETH at a price of $1,592, receiving 1.59 million USDC. Subsequently, the wallet purchased 50 WBTC at a price of $95,800, paying a total of 4.79 million USDC.
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Visa Ventures invests in the stablecoin infrastructure platform BVNK, promoting the globalization of stablecoin payments.

Visa has made its first direct investment in the stablecoin payment infrastructure platform BVNK through its venture capital arm, with BVNK handling a volume of $12 billion and clients including companies like Deel and dLocal. This is seen as a validation of the potential of stablecoins as a global payment infrastructure. BVNK completed a $50 million Series B funding round last year, led by Haun Ventures.
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Large investors added 5,473 ETH, with total Holdings unrealized losses of 4.74 million dollars.

According to the Gate.io News bot, monitoring data from EmberCN shows that a whale address recently purchased 5,473.7 ETH at a price of $1,802, with a total investment amount of $9.862 million. The Address bought 3,634 ETH at a price of $3,208 in January this year. Currently, the Address holds a total of 9,109.6 ETH, with a total market value of approximately $16.8 million and an average purchase cost of $2,363. Based on the current market price, the Address is facing an unrealized loss of about $4.74 million, with a loss rate of 22%. Source of information: Wu Says
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Celestia DA demand has risen twofold in five months, Turbotap Testnet throughput has met the standards.

According to Gate.io News bot, Nick White from the Celestia team revealed that the demand for Celestia data availability (DA) has doubled in the past 5 months. Turbotap has completed its network throughput stress testing goals. Even without counting Turbotap's data, the demand for Celestia DA has still doubled compared to December last year, maintaining a market share of over 50% in the DA market. Nick White added that Turbotap incentivizes Eclipse and Celestia to conduct transaction testing networks instead of generating false data.
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GT_USDT broke through 21.5 USDT

According to the Gate.io News bot, the price of GT_USDT has surpassed 21.5 USDT, with the current price at 21.502 USDT. The 24-hour rise is 1.06%.
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A wallet suspected to be related to Jeffy Yu sold 35.55 million ZEREBRO, obtained 8,572 SOL, and transferred 7,100 SOL to the developer wallet.

Odaily News According to Lookonchain monitoring, a wallet possibly related to Jeffy Yu sold 35.55 million ZEREBRO about 50 minutes ago, earning 8,572 SOL (approximately 1.27 million USD). Subsequently, the wallet transferred 7,100 SOL (approximately 1.06 million USD) to G5sjgj's LLJEFFY developer wallet.
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Placeholder Partner: Privacy coins are receiving ongoing attention, and the enhancement of Blockchain awareness will further highlight the importance of privacy.

BlockBeats news, on May 7th, Placeholder partner Chris Burniske posted on social media stating that Privacy Coins are continuously being followed. When people truly understand the importance of Blockchain, the importance of privacy will also become apparent, and we are likely at this turning point now.
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A whale chased the price and bought 5473.7 ETH 3 hours ago.

A Whale made a large purchase of ETH, acquiring a total of 9,109.6 coins at an average buying price of $2,363, with unrealized losses amounting to $4.74 million (-22%).
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ZKM and GOAT Network launch zkMIPS 1.0 with 19 times performance improvement.

Gate.io News bot message, ZKM and GOAT Network jointly released the zkMIPS 1.0 version of the zero-knowledge Virtual Machine based on the MIPS architecture. This version has a performance improvement of 19 times compared to zkMIPS 0.3.0, achieving the first scalable deployment. Currently, zkMIPS 1.0 has been deployed on the GOAT Network as the core execution foundation for building a secure, decentralized, and sustainable BTC yield network. ZKM announced that it will focus on addressing technical bottlenecks such as "real-time proof" and promote the practical application of ZK technology in the fields of modular blockchain and cross-chain applications. Source: wublock123
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The People's Bank of China announces a double reduction policy.

According to the Gate.io News bot, on May 7th, Pan Gongsheng, the Governor of the People's Bank of China, announced the implementation of a dual reduction policy at a press conference: a 0.5 percentage point decrease in the reserve requirement ratio and a 0.1 percentage point reduction in the policy interest rate.
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Galaxy Securities: The long-term logic for gold prices to rise remains unchanged; seize the pullback to invest in the gold zone.

Jin10 data reported on May 7, Galaxy Securities released a research report stating that in Q1 2025, the global gold ETF net inflow was 226 tons, significantly rising from the net inflow of 18.7 tons in the fourth quarter of last year; global Central Bank net gold purchases in Q1 2025 were 244 tons, consistent with the average quarterly level over the past three years, and the purchasing momentum remains strong. The economic recession and stagflation risks exacerbated by increased tariffs in the U.S., combined with uncertainties from Sino-U.S. trade frictions and geopolitical risks, will continue to drive global gold ETF funds and global Central Banks to purchase gold, and the logic for long-term price rise in gold remains unchanged. It is recommended to allocate into the gold zone during pullbacks.
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WLFI transferred $4.54 million worth of encryption assets, including 103,900 AVAX, 5.98 million SEI, and 580,000 MOVE.

Odaily News According to OnChain Lens monitoring 5 hours ago, WLFI transferred Crypto Assets worth 4.54 million USD to another Wallet, which included 103,911 AVAX (approximately 2.04 million USD) and 5.98 million SEI (approximately 1.18 million USD). In addition, the company also transferred 7.58 million MOVE (approximately 1.32 million USD), which was subsequently transferred to the Ceffu Wallet.
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Trump's encryption project WLFI transferred $4.54 million worth of AVAX, SEI, and MOVE to a new Wallet 5 hours ago.

According to BlockBeats news on May 7, monitored by Onchain Lens, 5 hours ago, Trump's crypto project WLFI transferred approximately $4.54 million worth of three types of tokens into a new wallet, including: · 103,911 AVAX, worth $2.04 million; · 5.98 million SEI, worth $1.18 million; · 7.58 million MOVE, worth $1.32 million, and then transferred to the Ceffu wallet.
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Doodle announces that the native Token DOOD will log in to Solana, and holders can receive an Airdrop.

According to Gate.io News bot, as reported by Wu, the NFT series Doodle has announced that its native token DOOD will be issued on the Solana chain. Doodles NFT holders can obtain DOOD Airdrop eligibility by signing up in advance. "New Blood" community members will automatically receive the Airdrop during the DOOD token generation event (TGE) without needing to register. The Doodle team is developing a community eligibility verification tool for the Solana ecosystem, with specific details published on the official FAQ page.
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Vice Premier He Lifeng will visit Switzerland and hold talks with U.S. Treasury Secretary Janet Yellen.

Gate.io News bot, the website of the Chinese Ministry of Foreign Affairs announced on May 7 that He Lifeng, member of the Political Bureau of the CPC Central Committee and Vice Premier of the State Council, will visit Switzerland from May 9 to 12 at the invitation of the Swiss government. During the visit, Vice Premier He Lifeng, as the Chinese leader of China-US economic and trade relations, will hold talks with US Treasury Secretary Bessant. In addition, Vice Premier He Lifeng will travel to France from May 12 to 16 to co-chair the 10th China-France High-Level Economic and Financial Dialogue.
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TikTok announces a new data center project in Finland, with an investment of 1 billion euros.

PANews reported on May 7 that TikTok announced a new data center project in Finland on May 6 local time, marking an important step in the field of data security in Europe. With an investment of 1 billion euros, local developer HyperCoOy will build a new data center in Kuovola, Finland. TikTok stated that the new data center is a core part of the "Clover Project," which plans to invest 12 billion euros to provide data protection for 175 million European citizens.
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BTC_USDT breaks through 97000 USDT

According to the Gate.io News bot, the BTC_USDT price has surpassed 97000 USDT, with the current price at 97076.9 USDT. The 24-hour increase is 2.42%.
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Spot gold has returned to the 3400 USD mark, with a fall narrowing to 0.9%.

Jin10 reports that spot gold has returned to the $3400 mark, rebounding over $20 from the daily low, with a decline narrowed to 0.9%.
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India launched missile strikes against 9 targets in Pakistan, 5 of which are located in Pakistan-administered Kashmir.

Jin10 reported on May 7 that, according to local reporters, sources indicated that the Indian Army, Navy, and bearish traders conducted missile strikes on 9 targets in Pakistan and Pakistan-administered Kashmir during the "Sindhur Operation" earlier that day, with 5 targets located in the Pakistan-administered Kashmir region. Indian media stated that Prime Minister Modi continued to follow this operation.
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xAI has reached a cooperation with TWG Global and Palantir to jointly promote the AI transformation in the Financial Service industry.

PANews May 7 news, according to the official announcement from xAI, it has reached a strategic cooperation with TWG Global and Palantir Technologies, aiming to reshape the path for financial service providers to adopt AI and scale technology development. The three parties will engage in in-depth cooperation in the design and deployment of enterprise-level AI solutions. This cooperation was announced at the Milken Institute conference, with Palantir CEO Alex Karp and TWG Global co-chair Thomas.
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Tuesday
2025/05/06

Pakistan's Defense Minister: Shot down five Indian planes and captured some Indian soldiers.

Jin10 reported on May 7 that the Defense Minister of Pakistan stated on foreign media television that Pakistan shot down 5 Indian planes. Some Indian soldiers were captured.
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WLFI initiates a Snapshot proposal, planning to airdrop USD1 stablecoin to $WLFI holders.

PANews, May 7 news, according to an official announcement from World Liberty Financial, it has launched the Snapshot proposal to test the on-chain Airdrop feature, distributing a small amount of USD1 stablecoin to all eligible $WLFI holders to verify the actual operation of the Airdrop system and give back to early supporters. This Airdrop will be funded by WLFI and executed through the Ethereum Mainnet, with the specific distribution amount and eligibility criteria to be announced later. Voting is currently open and will end on May 14, with the voting page showing a support rate of 100%.
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BTC_USDT breaks through 96000 USDT

According to the Gate.io News bot, the market shows that the price of BTC_USDT has broken through 96000 USDT, currently priced at 96167 USDT. The 24-hour increase is 0.97%.
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The U.S. Treasury Secretary will travel to Switzerland to conduct trade negotiations with the Chinese side.

Gate news bot message, Bloomberg reported that U.S. Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer plan to meet with Chinese officials in Switzerland this week to kick off a new round of U.S.-China trade negotiations. This is the first formal trade contact confirmed by both parties since the Trump administration announced a new round of high tariffs on China. The talks aim to ease the current trade tensions and discuss the cost pressures facing manufacturing and consumer goods.
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The Tether asset tokenization platform Hadron integrates the Chainalysis monitoring system.

According to Gate.io News bot, Tether has announced that its asset tokenization platform Hadron has completed system integration with Chainalysis. This integration brings real-time transaction monitoring, risk identification, and complete transaction identification (KYT) capabilities to the Hadron platform. The integration ensures that the Hadron platform complies with global regulatory standards since its launch.
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