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SUI falls below $1
SPCX holdings on trade.xyz increased by approximately 37% in the past 24 hours, currently reported at 45.34 million USD
BlockBeats news, on May 23, trade.xyz Pre-IPO section reported that SpaceX (SPCX) reached a trading volume of 21.64 million USD in the past 24 hours, with current holdings reported at 45.34 million USD, a 24-hour increase of approximately 37%. The current price is 199.55 USD, corresponding to an implied valuation of 2.37 trillion USD.
When SPCX was listed for trading, the price was 150 USD. Based on a fully diluted reference share capital of 11.87 billion shares, the initial reference market value was 1.78 trillion USD.
BlockBeats news, on May 23, trade.xyz Pre-IPO section reported that SpaceX (SPCX) reached a trading volume of 21.64 million USD in the past 24 hours, with current holdings reported at 45.34 million USD, a 24-hour increase of approximately 37%. The current price is 199.55 USD, corresponding to an implied valuation of 2.37 trillion USD.
When SPCX was listed for trading, the price was 150 USD. Based on a fully diluted reference share capital of 11.87 billion shares, the initial reference market value was 1.78 trillion USD.
Indonesia bans crypto prediction platform Polymarket
Institution: Chinese brands surpass 15% market share in Europe’s pure electric vehicle sector for the first time
Data: USDC circulating supply increased by approximately 400 million in the past 7 days
ChainCatcher news, according to official data, in the 7 days ending May 21, Circle issued about 8.1 billion USDC and redeemed about 7.7 billion USDC, resulting in an increase of approximately 400 million in circulation. The total USDC in circulation is 76.9 billion, with reserves of approximately 77.1 billion US dollars. Among these, about 45.7 billion US dollars are in overnight reverse repurchase agreements for US Treasury bonds; around 18.6 billion US dollars are in Treasury bonds with maturities of less than three months; deposits at systemically important institutions amount to about 12.2 billion US dollars; and other bank deposits are around 600 million US dollars.
ChainCatcher news, according to official data, in the 7 days ending May 21, Circle issued about 8.1 billion USDC and redeemed about 7.7 billion USDC, resulting in an increase of approximately 400 million in circulation. The total USDC in circulation is 76.9 billion, with reserves of approximately 77.1 billion US dollars. Among these, about 45.7 billion US dollars are in overnight reverse repurchase agreements for US Treasury bonds; around 18.6 billion US dollars are in Treasury bonds with maturities of less than three months; deposits at systemically important institutions amount to about 12.2 billion US dollars; and other bank deposits are around 600 million US dollars.
Tom Lee: BitMine has been added to the preliminary list of candidates for the Russell 1000 Index
BlockBeats News, May 23rd. Tom Lee, Chairman of BitMine, Ethereum's largest treasury, expressed his excitement that BitMine (BMNR) has been included in the preliminary candidate list for the Russell 1000 Index. BMNR's market cap has surpassed the minimum threshold of $5.7 billion for inclusion in the large-cap index. It is worth noting that many active fund managers only invest in Russell 1000 Index components, with an estimated 20-25% of the total market cap of the components held by passive index funds or ETFs.
BlockBeats News, May 23rd. Tom Lee, Chairman of BitMine, Ethereum's largest treasury, expressed his excitement that BitMine (BMNR) has been included in the preliminary candidate list for the Russell 1000 Index. BMNR's market cap has surpassed the minimum threshold of $5.7 billion for inclusion in the large-cap index. It is worth noting that many active fund managers only invest in Russell 1000 Index components, with an estimated 20-25% of the total market cap of the components held by passive index funds or ETFs.
Analysis: $1.26 billion bitcoin ETF outflow may serve as a "contrarian buy signal"
BlockBeats news, on May 23, crypto analytics platform Santiment stated that US spot Bitcoin ETF saw a total net outflow of about $1.26 billion over the past six trading days, which could actually constitute a "contrarian buy signal" for Bitcoin. Santiment believes that ETF capital flows more reflect retail investor sentiment rather than "smart money" position changes.
The report pointed out that some retail investors lost patience because Bitcoin failed to stay above $80,000 in May. Currently, BTC is trading at around $75,400, down from the May 16 high of about $79,000. Santiment stated that historically, continuous ETF outflows often correspond to periods "suitable for patiently accumulating," rather than market panic.
However, this view diverges from mainstream market opinion. Most analysts believe that continuous outflows from spot Bitcoin ETF usually indicate weakening market sentiment and the possibility of further price pressure.
On the other hand, Bloomberg ETF analyst James Seyffart stated that since the launch of the ETF, cumulative net inflows have approached $6 billion, essentially offsetting the impact of the $900 million outflows from October last year to February this year. He expects that as more ETF products are launched in the future, the scale of capital inflows may reach new historical highs.
BlockBeats news, on May 23, crypto analytics platform Santiment stated that US spot Bitcoin ETF saw a total net outflow of about $1.26 billion over the past six trading days, which could actually constitute a "contrarian buy signal" for Bitcoin. Santiment believes that ETF capital flows more reflect retail investor sentiment rather than "smart money" position changes.
The report pointed out that some retail investors lost patience because Bitcoin failed to stay above $80,000 in May. Currently, BTC is trading at around $75,400, down from the May 16 high of about $79,000. Santiment stated that historically, continuous ETF outflows often correspond to periods "suitable for patiently accumulating," rather than market panic.
However, this view diverges from mainstream market opinion. Most analysts believe that continuous outflows from spot Bitcoin ETF usually indicate weakening market sentiment and the possibility of further price pressure.
On the other hand, Bloomberg ETF analyst James Seyffart stated that since the launch of the ETF, cumulative net inflows have approached $6 billion, essentially offsetting the impact of the $900 million outflows from October last year to February this year. He expects that as more ETF products are launched in the future, the scale of capital inflows may reach new historical highs.
Uniswap plans to extend the mechanism of protocol fee buyback and UNI token burn to BNB Chain, Polygon, and Celo.
Foresight News reports that Uniswap plans to expand the protocol fee buyback and burn mechanism for UNI to BNB Chain, Polygon, and Celo. The proposal adopts the rapid governance process approved in UNIfication, allowing fee parameter update proposals to bypass the RFC stage and proceed directly to a five-day snapshot phase, followed by an on-chain vote.
Foresight News reports that Uniswap plans to expand the protocol fee buyback and burn mechanism for UNI to BNB Chain, Polygon, and Celo. The proposal adopts the rapid governance process approved in UNIfication, allowing fee parameter update proposals to bypass the RFC stage and proceed directly to a five-day snapshot phase, followed by an on-chain vote.
JPMorgan blockchain platform Kinexys cumulative transaction volume exceeds 1.5 trillion dollars
Odaily Midday News
1. Morgan Stanley has once again increased its holdings by 14 Bitcoin, raising the total to 3,486 BTC;
2. Bitdeer still maintains zero holdings, having sold 201.6 BTC this week;
3. Former Farcaster founder and Tempo team member Dan Romero: Tempo may achieve decentralization within two years, and the head of the Asian market is already in place;
4. Stripe has officially released the MPP machine payment protocol, enabling AI Agents to autonomously complete payment setups and integration through prompts;
5. "1011 Insider Whale" agent Garrett Jin opened a $34.47 million ZEC short position, with HYPE holdings increased to 68,560 tokens;
6. Michael Saylor: Strategy does not rule out selling part of the Bitcoin holdings before the end of this year;
7. Domino's Pizza store near the Pentagon sees a surge in customer traffic;
8. Suspected a16z address withdraws over 110,000 HYPE within 24 hours, bringing cumulative holdings to 5.93 million tokens with an unrealized profit of $86.72 million;
9. Analyst: ZEC is approaching the key resistance range from November last year and may see a turning point;
10. Bitmine has been included in the preliminary Russell 3000 Index list for 2026, with the final result to be confirmed by the end of June.
1. Morgan Stanley has once again increased its holdings by 14 Bitcoin, raising the total to 3,486 BTC;
2. Bitdeer still maintains zero holdings, having sold 201.6 BTC this week;
3. Former Farcaster founder and Tempo team member Dan Romero: Tempo may achieve decentralization within two years, and the head of the Asian market is already in place;
4. Stripe has officially released the MPP machine payment protocol, enabling AI Agents to autonomously complete payment setups and integration through prompts;
5. "1011 Insider Whale" agent Garrett Jin opened a $34.47 million ZEC short position, with HYPE holdings increased to 68,560 tokens;
6. Michael Saylor: Strategy does not rule out selling part of the Bitcoin holdings before the end of this year;
7. Domino's Pizza store near the Pentagon sees a surge in customer traffic;
8. Suspected a16z address withdraws over 110,000 HYPE within 24 hours, bringing cumulative holdings to 5.93 million tokens with an unrealized profit of $86.72 million;
9. Analyst: ZEC is approaching the key resistance range from November last year and may see a turning point;
10. Bitmine has been included in the preliminary Russell 3000 Index list for 2026, with the final result to be confirmed by the end of June.