Rhythm Morning News｜A list of important news from last night and this morning on May 22

Standard Chartered Bank executives: Bitcoin is expected to hit a new all-time high this weekend

BlockBeats news, May 22, according to The Block, Standard Chartered Bank's head of foreign exchange and digital asset research Geoffrey Kendrick said, "I expect Bitcoin to hit a new all-time high this weekend, breaking through the March 14 level of $73,798."

Geoffrey Kendrick added that this week's renewed optimism surrounding the possible approval of an Ethereum spot ETF has made him more confident in Bitcoin's price target of $150,000 by the end of 2024 and $200,000 by the end of 2025.

Cryptocurrency Panic and Greed Index reached 76, and the extreme greed sentiment was the same as yesterday

BlockBeats news, May 22, according to Alternative data, the cryptocurrency panic and greed index today is 76 (yesterday was 76), and the market's extreme greed sentiment has not changed.

Note: The panic index threshold is 0-100, including indicators: volatility (25%) + market trading volume (25%) + social media heat (15%) + market research (15%) + Bitcoin's proportion in the entire market (10%) + Google hot word analysis (10%).

Federal Reserve Board member Waller: If the data supports it, we may consider cutting interest rates at the end of this year

BlockBeats news, on May 22, Federal Reserve Board member Waller said that if the data supports it, we may consider cutting interest rates at the end of this year. (Jinshi)

The U.S. SEC released a signal that the regulator may be ready to approve the spot Ethereum ETF application

BlockBeats news, on May 21, according to Reuters, the U.S. Securities and Exchange Commission (SEC) released a signal that the regulator may be ready to approve the spot Ethereum ETF application.

CNBC: Trump campaign team begins accepting cryptocurrency donations

BlockBeats news, on May 22, according to CNBC, the Trump campaign team announced that it will begin accepting cryptocurrency donations.

Trump supporters can use "any cryptocurrency accepted through Coinbase Commerce products" to donate, his campaign team said in a press release.

zkSync ecosystem Meme coins generally rose, Cheems rose more than 42% in 24 hours

BlockBeats news, on May 22, according to market data, zkSync ecosystem Meme coins generally rose, including:

MEOW is currently quoted at 0.0000157 US dollars, a 24-hour increase of 29.06%;

Cheems is currently quoted at 0.00000004426 US dollars, a 24-hour increase of 42.01%;

ZORRO is currently quoted at 0.001047 US dollars, a 24-hour increase of 30.57%.

Whales Market launches token issuance platform whales.meme

BlockBeats news, May 22, according to official news, Whales Market launched the token issuance platform whales.meme, the platform is based on the Solana network, users can use the gamified liquidity boot function to safely launch tokens in just a few seconds.

Previously, Whales Market founder dexter said on his social platform that he launched the first meme coin, GMCAT, on the whales.meme platform. The meme coin is completely decentralized and is airdropping meme coin GMCAT to gm.ai pre-sale addresses and xWHALES holders.

Binance Labs announces investment in Aevo

BlockBeats news, on May 21, Binance Labs announced its investment in Aevo, a high-performance L2 built on OP Stack that allows perpetual trading, pre-release futures and options on the same platform with a single margin account.

The technical architecture runs as an off-chain order book with on-chain settlement on Ethereum, and uses Celestia as a high-throughput DA layer for scalability.

Backed by Paradigm, Dragonfly, and Coinbase Ventures, Aevo is a rebrand of the previous DeFi options protocol Ribbon Finance, and voted in Ribbon Finance's RGP-33 governance proposal. In the next phase of growth, various DAO committees will launch new initiatives for incentives, token liquidity, and community development to attract more users and liquidity to the platform.

Year to date, Aevo has traded over $80 billion in derivatives volume, generated over $30 million in fees, and averaged 50,000 monthly active users (MAU) on the platform. As part of its future roadmap, Aevo will launch treasury strategies, yield products, and Aevo staking. It will allow developers to deploy their dApps permissionlessly on Aevo L2 to leverage its growing user base and unique features, thereby expanding its derivatives ecosystem.

Decentralized social protocol Farcaster completes $150 million in financing, led by Paradigm

BlockBeats news, May 22, according to official news, decentralized social protocol Farcaster completed $150 million in financing, led by Paradigm, a16z crypto, Haun, USV, Variant, Standard Crypto and other investors. The announcement stated that this year will focus on the growth of daily active users and adding developer primitives to the protocol, such as channels and direct messaging.

BlockBeats previously reported that in March this year, people familiar with the matter revealed that Farcaster developer Merkle Manufactory was about to complete a round of financing led by Paradigm, with a valuation of approximately US$1 billion.

Aevo Pre-Launch launched zkSync (ZK), now priced at US$0.6901

BlockBeats reported that on May 22, the options trading platform Aevo Pre-Launch launched zkSync (ZK), now priced at US$0.6901.

Gala Games announced that the funds involved in the recent security incident have been recovered

BlockBeats news, on May 22, according to official news, Gala Games announced that the funds involved in the recent security incident have been recovered, and will use GalaSwap to convert Ethereum back to GALA.

In addition, the Gala community's new governance proposal intends to temporarily deploy the GALA token contract upgrade and destroy approximately 5 billion illegal GALA generated by the recent unauthorized minting incident.

Coinbase will launch gold and oil futures trading on June 3

BlockBeats news, on May 22, according to the official announcement, the futures trading platform Coinbase Derivatives regulated by the U.S. Commodity Futures Trading Commission (CFTC) will launch retail-scale oil and gold futures contracts on June 3, aiming to provide a diversified market and promote price discovery and risk management.

欢迎加入律动 BlockBeats 官方社群：

Telegram 订阅群： https://t.me/theblockbeats

Telegram 交流群： https://t.me/BlockBeats_App

Twitter 官方账号： https://twitter.com/BlockBeatsAsia