BTC breaks through the $105000 mark

According to Onchain Lens monitoring, whale addresses starting with 0x454 purchased 4586.79 ETH at a price of $2455 per coin. This transaction used 67 WBTCs (approximately 6.85 million US dollars) and 4.41 million US dollars of DAI, with a total transaction amount exceeding 11 million US dollars.

According to a chart released by Matrixport today, the security of the Bitcoin network is increasingly enhanced, mainly due to the increase in computing power and the accumulation of Bitcoin by enterprises. As competition among miners intensifies, the computing power of Bitcoin continues to rise, with an expected annual capital expenditure of $10 to $12 billion. This competition not only strengthens network security, but also promotes diversified development. Historical data shows that the increase in mining capital expenditures is usually associated with the rise in Bitcoin prices. On the other hand, corporate buyers like MicroStrategy are acquiring and holding Bitcoin, effectively reducing the circulating supply. This dynamic indicates that the price of Bitcoin may need to rise until the computing power reaches its peak, which has not yet occurred. Overall, these factors indicate that the Bitcoin network is constantly expanding and demand is growing, both of which ultimately support the rise in Bitcoin prices.

According to Dune Panel data, on May 13th, Raydium's token issuance platform, LaunchLab, had 198 graduation tokens in the past 24 hours, surpassing Pump.fun's graduation token count of 171. The vast majority of the 198 tokens that graduated came from Letsbonk.Fun, a Meme coin issuance platform developed in collaboration between BONK and Raydium. In addition, 15558 tokens have been issued in the past 24 hours on Raydium LaunchLab, and 23073 tokens have been issued in the past 24 hours on Pump.fun. Raydium's LaunchLabs went live on April 16th, and according to its mechanism, tokens need to raise 85 SOL (approximately $11150 at the current price) to "graduate" and migrate to Raydium's AMM fund pool for trading. On the Pump.fun platform, when the market value of a token reaches approximately $69000 (or its equivalent SOL), its liquidity will automatically migrate to PumpSwap.

Odaily Planet Daily News: Gate. io will launch Greenchie (GNC) spot trading on May 13th at 3:00 pm (UTC+8). And from 20:00 on May 14th to 20:00 on May 17th (UTC+8), staking GNC mining will be launched. By staking BTC and GT to participate in Launchpool, you can share 266666667 GNC tokens for free. Among them, the BTC new user pool is expected to achieve an annualized rate of 5.86%, and the GT mining pool is expected to achieve an annualized rate of 8.33%, and early staking has now been opened. The details are as follows: BTC staking pool User staking limit: 10 BTC Total prize pool: 166666667 GNC GT Pledge Pool User staking limit: 1000 GT Total prize pool: 100000000 GNC

OKX-ETH/USDT is currently trading at $2450.19, with a 24-hour decline of 2.38%. Please be aware of market fluctuations.