CZ： At present, there are no plans to launch Meme coins

[Goldman Sachs: Bond Put Options Are a Better Hedge Than Gold] According to Jin10 Data, Goldman Sachs strategists stated that the uncertainty in FOMC communications keeps short-term rate volatility at elevated levels. In the current rate shock environment, bond put options are the best hedging tool, and gold is not the optimal choice at this time.

The Korean stock exchange suspended trading for 20 minutes due to the triggering of circuit breakers caused by an 8% drop in the KOSPI index.

A rotation out of this year's best AI and chip stocks sank Asian markets, with South Korea's Kospi down 6%, and crypto fell with them. Bitcoin is down more than 3% on the week.

Spot gold fell $25 in the short term, falling below $4120 per ounce, with a intraday decline of 1.74%.

According to FT, OpenAI made its debut at the Cannes International Creative Festival, promoting ChatGPT advertising and Codex tools to marketers with the aim of building a multi billion dollar advertising business before its IPO. （Cointelegraph）