Today in History | May 9th
On this day in 2024, Trump announced that he will accept presidential campaign donations in the form of cryptocurrency.
Odaily Planet Daily News: According to official announcements, (Gate. io) has released a new reserve report. As of May 8th, the total reserve value of (Gate. io) reached $10.865 billion, with a total reserve ratio of 128.57% and an excess reserve value of $2.415 billion. In addition, the BTC reserve ratio was 137.69%, an increase of 2802 coins from the previous period, the ETH reserve ratio was 121.36%, an increase of 188563 coins from the previous period, and the USDT reserve ratio was 102.63%, an increase of 441334786 coins from the previous period.
Foresight News reported that according to Onchain Lens monitoring, a giant whale address deposited 15 million USDC into HyperLiquid and opened short Bitcoin, Ethereum, and Solana with 3x leverage. The address has previously accumulated a profit of 5.54 million US dollars.
Odaily Planet Daily News: On chain data shows that the number of test network addresses for RWA stablecoin revenue protocol R2 has exceeded 200000, and the cumulative number of transactions has exceeded 10000000. According to official Twitter news, R2 testnet has been deployed on four networks: ETH Sepolia, Plume, Arbitrarum Sepolia, and Monad. It will continue to integrate more test chains and comprehensively expand the multi chain ecosystem to provide users with a richer interactive experience. R2 is a new generation of redeemable stablecoin protocol supported by real returns, with underlying assets including on chain US bonds, compliant money market funds (MMFs), and other strategies, committed to establishing a trusted connection between stability and returns. The mainnet is expected to be officially launched in the second to third quarters of 2025.
Odaily Planet Daily News: According to official announcements, Binance will adjust the minimum price change unit (TickSize) of 16 spot trading pairs, including ALICE/USDT, BCH/BNB, ORDI series, etc., at 05:00 UTC on May 16, 2025, to enhance market liquidity and trading experience. Existing orders are not affected, and API users can obtain the latest parameters through GET/API/v3/exchangeInfo. (This news is generated with AI assistance)
According to the popularity ranking, ETH's popularity has increased by 2.38 million followers compared to yesterday, ranking first. The popularity ranking is as follows: ① ETH ($2311.92,19.12%) ② S ($0.5830,7.35%) ③ KAITO ($1.56,12.23%) ④ SXT ($0.1438) ⑤ SOL ($164.78,7.87%) The purchasing power of ETH's main funds is weak, with a net inflow of $487 million within 24 hours and a transaction volume of $120.294 billion within 24 hours, of which the main funds have a net outflow of $276 million.