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- #Will BTC Hit a New High?#
BTC has broken past $100,000 and is now consolidating near its peak. What’s your outlook on the next move? With bullish sentiment on the rise, could BTC reach a new all-time high?
#Crypto Market Rebounds#
The crypto market is rallying across the board — altcoins are gaining momentum, and Memecoins are heating up! 🔥MOODENG is up over 100%, while PNUT and VIRTUAL have each gained more than 45%. The total crypto market cap has now exceeded $3.22 trillion!
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⏰ Event Period: May 8, 8:00 AM – May 18, 6:00 PM (UTC)
Arbitrum DAO Approves 35 Million ARB for Major Project
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On May 8, the Arbitrum community voted on-chain to invest 35 million ARB, equivalent to approximately 11.6 million USD, into tokenized U.S. government bonds. The funds will be allocated to tokenized bond products issued by Franklin Templeton, Spiko, and WisdomTree. The election began on May 1 and was approved with nearly 89% of votes in favor.
A professional committee elected by the community evaluated over 50 proposals and ultimately selected three organizations based on various criteria such as management fees, fund size, and risk control. The head of the cryptocurrency division at Franklin Templeton stated that this collaboration will leverage Arbitrum Layer2 technology to provide efficient financial services.
Advisors of the Arbitrum community believe that this is an important milestone in the deep cooperation between the cryptocurrency sector and traditional financial institutions. According to the plan, unselected candidates will have the opportunity to participate in the next round of fund allocation.
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