belo

According to Gate market data, BTC/USDT is currently priced at $75000, with a 24-hour decline of 1.53%.

According to Gate market data, BTC/USDT is currently priced at $76000, with a 24-hour increase of 0.04%.

According to Coinglass data, if ETH falls below $2,188, the cumulative long liquidation intensity on mainstream CEX will reach $883 million. Conversely, if ETH breaks above $2,416, the cumulative short liquidation intensity on mainstream CEX will reach $842 million.

According to Coinglass data, if BTC falls below $72,914, the cumulative long liquidation intensity on mainstream CEX will reach $1.279 billion. Conversely, if BTC breaks above $80,474, the cumulative short liquidation intensity on mainstream CEX will reach $970 million.

According to CoinDesk, Tether led a $14 million Series A funding round for the Latin American digital wallet platform Belo, which also included participation from Titan Fund, The Venture City, Mindset Ventures, and G2.Belo stated that it will use the new funds to expand into the markets of Mexico, Chile, Colombia, Peru, Bolivia, and Paraguay, while continuing to strengthen its business presence in Brazil, focusing on serving freelancers, remote workers, and users of cross-border money transfers.Founded in 2021 and headquartered in Buenos Aires, Argentina, Belo currently has over 3 million users in Latin America. Its product is a digital wallet based on cryptocurrency infrastructure, allowing users to hold and transfer local currencies and "digital dollars" (stablecoins).Reports indicate that stablecoins have rapidly gained popularity in emerging markets like Latin America in recent years, primarily used for hedging against inflation, cross-border remittances, and bypassing high-cost foreign exchange systems. Belo integrates payments, currency exchange, and cross-border transfers into a single application process, utilizing cryptocurrency infrastructure for backend settlements to reduce the costs and delays of cross-border transfers.

According to Coinglass data, if ETH falls below $2,228, the cumulative long liquidation intensity on mainstream CEX will reach $1.171 billion. Conversely, if ETH breaks above $2,438, the cumulative short liquidation intensity on mainstream CEX will reach $536 million.

According to Coinglass data, if BTC falls below $74,003, the cumulative long liquidation intensity on major CEXs will reach $1.518 billion. Conversely, if BTC breaks above $80,975, the cumulative short liquidation intensity on major CEXs will reach $714 million.

The gaming public chain Ronin announced that it will migrate to Ethereum Layer 2 on May 12, during which there will be an approximately 10-hour downtime for on-chain operations. Normal operations will resume after the migration is completed, and its underlying architecture will be built on the OP Stack, with EigenDA integrated as the data availability layer.It is recommended that users unstake RON before the migration date, or the system will automatically unstake for users after the migration is completed. The core goal of this migration is to allow Ronin to leverage Ethereum's security, data availability, and finality capabilities, while injecting mature on-chain gaming infrastructure into the Ethereum ecosystem. As the underlying network for well-known on-chain games like Axie Infinity and Pixels, this move is seen as an important milestone in its ecological development.After the migration is completed, the annual inflation rate of RON will be reduced from over 20% to below 1%, and the treasury will gain continuous income from staking, Sequencer net revenue, and Marketplace fees (which will increase from 0.5% to 1.25%).

According to Coinglass data, if ETH falls below $2,197, the cumulative long liquidation intensity on mainstream CEX will reach $929 million. Conversely, if ETH breaks above $2,407, the cumulative short liquidation intensity on mainstream CEX will reach $605 million.

According to Coinglass data, if BTC falls below $73,151, the cumulative long liquidation intensity on mainstream CEX will reach $1.122 billion. Conversely, if BTC breaks above $80,203, the cumulative short liquidation intensity on mainstream CEX will reach $956 million.

According to Coinglass data, if ETH falls below $2,174, the cumulative long liquidation intensity on mainstream CEX will reach $785 million. Conversely, if ETH breaks above $2,399, the cumulative short liquidation intensity on mainstream CEX will reach $759 million.

According to Gate market data, BTC/USDT is currently reported at $75983, with a 24-hour decline of 2.23%.

According to SoSoValue data, the cryptocurrency market sector generally retreated, with the Meme sector dropping 3.45% in 24 hours. Within the sector, SPX6900 (SPX) fell 6.73%, MemeCore (M) decreased by 14.74%, but Pump.fun (PUMP) rose against the trend by 4.14%. Meanwhile, Bitcoin (BTC) increased by 2.51%, falling below $78,000; Ethereum (ETH) dropped 3.71%, falling to around $2,300.Notably, only the NFT sector rose by 2.29%, with Pudgy Penguins (PENGU) increasing by 10.01% and SuperVerse (SUPER) rising by 3.74%.In other sectors, the DeFi sector fell 1.72% in 24 hours, but Jupiter (JUP) rose by 5.35%; the CeFi sector decreased by 1.78%, with Aster (ASTER) dropping by 2.72%; the Layer1 sector fell by 2.31%, with Solana (SOL) decreasing by 2.95%; the PayFi sector dropped by 2.91%, while SafePal (SFP) surged by 2.39% during the day; the Layer2 sector fell by 3.13%, with Starknet (STRK) decreasing by 5.45%.The cryptocurrency sector indices reflecting historical market trends show that the ssiNFT, ssiRWA, and ssiSocialFi indices rose by 4.64%, 19.6%, and 0.04%, respectively.

According to Gate market data, BTC/USDT is currently priced at $76999.5, with a 24-hour decline of 1.4%.

According to Gate market data, ETH/USDT is currently priced at $2299.99, with a 24-hour decline of 2.01%.

Gold bulls and well-known Bitcoin pessimist Peter Schiff pointed out in a post on the X platform that Saylor once predicted that if Strategy ($MSTR) accumulates 5% of the Bitcoin supply, BTC would reach $1 million per coin.However, MSTR currently holds 3.9%, and if it continues to purchase the remaining approximately 231,700 BTC, the marginal impact on the price will be the same as before, at which point the BTC price may fall below $60,000, contrary to Saylor's prediction.

According to Gate market data, BTC/USDT is currently priced at $77994.5, with a 24-hour decline of 0.08%.

According to Coinglass data, if ETH falls below $2,276, the cumulative long liquidation intensity on mainstream CEX will reach $1.107 billion. Conversely, if ETH breaks above $2,499, the cumulative short liquidation intensity on mainstream CEX will reach $466 million.

According to Coinglass data, if BTC falls below $75,188, the cumulative long liquidation intensity on major CEXs will reach $1.903 billion. Conversely, if BTC breaks above $82,640, the cumulative short liquidation intensity on major CEXs will reach $1.188 billion.

According to Coinglass data, if ETH falls below $2,244, the cumulative long liquidation intensity on mainstream CEX will reach $932 million. Conversely, if ETH breaks above $2,473, the cumulative short liquidation intensity on mainstream CEX will reach $526 million.