Rhythm Morning News｜A list of important news from last night and this morning on June 6

24-06-06 10:22

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FBTC had a net inflow of 221.4 million US dollars yesterday

On June 6, according to market monitoring, Fidelity (FBTC) had a net inflow of 221.4 million US dollars yesterday.

Arthur Hayes: Central banks are cutting interest rates soon

On June 6, Arthur Hayes, founder of BitMEX, tweeted that the Bank of Canada cut interest rates and the European Central Bank will announce a theoretical decision today, and the market expects a rate cut. "Take the risk, it's yacht time! This summer is much more fun than I thought."

The Bitcoin Volatility Index rose to 58.75 yesterday, up 3.41% on the day

On June 6, the BitVol (Bitcoin Volatility) Index, launched by financial index company T3 Index and options trading platform LedgerX, rose to 58.75 yesterday, up 3.41% on the day.

BlockBeats Note: The BitVol Index measures the 30-day expected implied volatility derived from the price of tradable Bitcoin options. Implied volatility refers to the volatility implied by the actual option price. It is the volatility inferred by substituting the actual option price and other parameters except volatility σ into the B-S option pricing formula.

The actual price of an option is formed by the competition of many option traders. Therefore, the implied volatility represents the market participants' views and expectations on the future of the market, and is therefore considered to be the closest to the actual volatility at the time.

Base ecological tokens generally rose, TYBG 24-hour increase of 46.9%

On June 5, according to market information, Base ecological tokens generally rose, including:

TYBG is currently quoted at 0.0002735 US dollars, a 24-hour increase of 46.9%;

MFER is currently quoted at $0.05307, up 33.1% in 24 hours;

DEGEN is currently quoted at $0.02311, up 7.1% in 24 hours.

CEL rose above $2, up 96.9% in 24 hours

On June 6, according to market data, the CEL token of the bankrupt CeFi platform Celsius Network rose above $2, and is currently quoted at $2.05, up 96.9% in 24 hours, and has risen nearly 1,300% since the end of April.

BB briefly broke through $0.82, up 20% in 24 hours

On June 5, according to market data, BB briefly broke through $0.82, and is now quoted at $0.802, up 20% in 24 hours.

EigenLayer launches MVP rewards on Holesky testnet

On June 6, EigenLayer announced that it has launched MVP rewards on the Holesky testnet, and AVS can now start integrating reward functions to incentivize re-staking participants and node operators.

In the coming weeks, a full rewards experience will be launched on the testnet, allowing re-stake holders to claim AVS rewards and discover the estimated potential rewards of AVS. Note: On the testnet, most reward tokens do not have a price. MVP introduces new features for these EigenLayer users:

AVS: Test Reward System Functionality
Node Operators: Explore Earning Rewards from AVS
Re-stake Delegators: Delegate Stake and Claim Rewards from AVS

Stablecoin Protocol M^0 Completes $35M Series A Funding, Bain Capital Leads Investment

On June 5, Fortune reported that the stablecoin protocol M^0 completed a $35 million Series A financing, led by Bain Capital.

M^0 previously raised $22.5 million in a seed round led by Pantera Capital in early 2023. The Series A financing and launch phase were also supported by companies such as Galaxy Ventures, Wintermute Ventures and GSR.

Tether Invests $18.75 Million in Blockchain Financial Institution XREX Group

On June 5, stablecoin issuer Tether announced an investment of $18.75 million in blockchain financial institution XREX Group. The company plans to use the new funds to further promote cross-border payments using USDT in emerging markets, and will also work with Tether to develop regulatory technology tools to detect and prevent the illegal use of stablecoins.

XREX will work with the Unitas Foundation to launch a stablecoin XAU1 pegged to the US dollar, with Tether Gold (XAUt) for excess reserves.

Web3 security company GoPlus completes $10 million private round of financing, with OKX Ventures and others participating to create a Web3 modular user security layer

On June 5, Web3 user security network GoPlus completed a $10 million third round of financing to create a Web3 modular user security layer. This round of financing was participated by well-known fund institutions and investors such as OKX Ventures, HashKey Capital, Web3Port, Fenbushi, Redpoint China, Quantstamp, Animoca Brands, Undefined Labs, 7UpDAO, Ash Crypto and Richard Ma. This is another milestone after the private placement II and private placement II+ rounds led by Binance Labs and Red Point in 2023, with a total financing amount of US$25 million.

GoPlus has become the world's largest Web3 security ecological network and security data platform, with a real-time, dynamic and automatic security detection engine based on advanced artificial intelligence technology. Among them, the Token security detection API is integrated with Web3 head dApps such as CoinMarketCap, CoinGecko, DEXTools, DEXScreener, SushiSwap, MetaMask Snaps, Opera, etc., with a daily call volume of up to 21 million times; at the same time, GoPlus launched a personal security service platform SecWareX, which attracted 9 million registered wallet addresses and 1.8 million independent IP users in just two months after its launch.

On this basis, GoPlus is creating an open, permissionless, user-driven Web3 modular user security layer that can be seamlessly integrated with any public chain, improve the modular blockchain architecture, and combine SecNet (Secure RPC) and SecHub (On-chain Personal Security Center) to provide complete and powerful protection for the entire life cycle of user transactions.