BTC breaks through the $80500 mark

Odaily Planet Daily News: Jupiter has announced a collaboration with Drip Haus to launch a Meme art bounty experiment centered on "culture", inviting community users to send any Meme token to the designated address CCFRRLa5qvykEuxN5XjwBGGj9QNrBmpa4NegyfbVk5Tk as a reward pool for the corresponding art works of the project. Jupiter stated that it will select tokens with storytelling or high bounty to showcase relevant community art works on its platform token page and gallery, in order to reflect the cultural diversity behind Meme coin. The timeline for this activity is as follows: Before April 21st: Token submission deadline; Before April 30th: Creators submit their artwork; Before May 5th: Each community official needs to announce the selected works on X platform. If not announced, the organizer will make the decision on their behalf. Jupiter emphasizes that this activity is an open experimental nature, and users are advised to participate at their discretion and avoid investing in assets that they cannot afford.

The Binance AERGO/USDT perpetual funding rate is currently -1.16%, and bears need to pay funding fees to bulls, indicating a high bearish sentiment in the market. AiCoin [PC - Home - Popular Rankings] has launched the "Fund Rate" ranking, which provides a list of rate arbitrage opportunities. Capital fees are an important mechanism for anchoring spot prices in perpetual contracts, used to balance long and short sentiment. When the funding rate is greater than 0, long positions pay funding fees to short positions; When the funding rate is less than 0, short sellers pay funding fees to long sellers.

Federal Reserve Daley expressed satisfaction with the expectation of two interest rate cuts this year, but if inflation becomes more sticky, the number of interest rate cuts this year may be less than two. If economic growth slows down, further interest rate cuts will be implemented, and gradually lowering policy interest rates without a sense of urgency is the correct approach. The only commitment of the Federal Reserve is to restore price stability. The United States currently has a stable labor market, but still needs to achieve price stability.

Tether CEO Paolo Ardoino stated that the global user base for Tether stablecoin (USDT) has exceeded 450 million, with over 30 million new users added each quarter. The main growth comes from emerging markets, and Tether is continuing to promote the popularity of "digital dollars" worldwide.

According to Foresight News, Fragmetric, the Solana Ecological Liquidity Pledge Agreement, announced in X that it has received funding from the Solana Foundation (Grant) to establish new liquidity pledge standards. Officially, this move will benefit all participants in the re pledging ecosystem.