Instant surge "TRUMP trading volume surges 12 times

BlockBeats News: On May 8th, according to official sources, the TRON Nile testnet passed Committee Proposal No. 19794 at 11:40 on May 8th of the year. According to the proposal, the block reward for TRX will be reduced from the original 16 TRX to 11 TRX, and the voting reward will be reduced from 160 TRX to 128 TRX. This production reduction aims to accelerate the deflation process of TRX, further optimize the economic model, and ensure the long-term sustainable development of TRON network. The official emphasized that this adjustment is only limited to the Nile test network, and whether the main network will be implemented still requires community consensus. At present, the proposal to reduce the production of TRX on the main network has been open for discussion on GitHub, and community members can participate to jointly promote the governance decision-making process.

Odaily Planet Daily News: Binance founder CZ cited news on the X platform that Arizona is officially legislating its Strategic Bitcoin Reserve Act and stated that investors can make purchases when or after the government starts buying, and the option of "before government buying" is gradually disappearing.

According to AiCoin monitoring, a large amount of funds flooded into the US spot BTC ETF market yesterday, with a net inflow of up to $142 million. Among them, ARKB was the largest inflow, with a daily net inflow of $54.7 million; Next is FBTC, with a total of 39.9 million US dollars. According to the "Spot BTC ETF Tracking" real-time trading strategy developed by AiCoin, there is a significant positive correlation between the inflow of ETF funds and BTC prices. Subscription indicators can be used to automatically place orders based on the flow of funds in the program. Data for reference only

BlockBeats news, on May 8th, CZ stated in a podcast interview on Tuesday that TRUMP coin is a very interesting phenomenon. I think its emergence reflects a characteristic of the cryptocurrency market, which is its rapid response to hot events and celebrity effects. As a highly controversial figure, Trump's name itself can attract a lot of attention. Therefore, the popularity of this token is somewhat expected. However, from an investment and long-term value perspective, I would be more cautious. Many of these types of tokens are more based on hype rather than genuine technological innovation or fundamental support. I think it's important for investors to distinguish which projects have real potential and which are just short-term hype. The cryptocurrency market has matured a lot, but this celebrity related token craze also reminds us that market sentiment is still a big driving factor. '' In addition, CZ stated that news cycles often have a certain impact on the rise and fall of tokens. Especially for newcomers to this industry, they may feel that the cryptocurrency market is more like a speculative arena than a technology driven ecosystem. However, on the other hand, this also demonstrates the inclusiveness of the cryptocurrency market - anyone can participate, and any idea can be tried. This is both its strength and its challenge

Sam Altman tweeted that OpenAI has appointed Fidji Simo as the "CEO of the Applications Division," reporting directly to Altman. Altman will continue to serve as the CEO of OpenAI and further focus on research, computing power, and security affairs. Simo has served as a Facebook executive, a leader in products such as Facebook Live, and also serves as the chairman of the Metrodora Foundation, a neuroimmune research institution.