Daily News | BTC Soaring; MicroStrategy was Included in Major Global Stock Indices; WLD Released a Sensitive Information Protection System, Stating that the User's Iris Code Was Deleted

Crpto Dail Digest: MicroStrateg was included in major global stock indices; Worldcoin released a "sensitive information protection sstem", stating that the user's iris code has been deleted; Yonsei Universit launched a metaverse that allows students to access

First, let's examine the trading activities of Bitcoin ETFs. According to Farside Investor data, on Ma 15, Grascale Bitcoin spot ETFs (GBTC) continued to receive inflows of $2,700 in funds; At the same time, Fidelit Bitcoin spot ETF (FBTC) inflow of $131.3 million, Bitwise Bitcoin spot ETF (BITB) inflow of $86.3 million, ARK 21Shares Bitcoin spot ETF (ARKB) inflow of $38.6 million, and WisdomTree Bitcoin spot ETF (BTCW) net inflow of $2.1 million.

After the opening of Wall Street, BTC hit a local high of $64,700. Due to the latest US Consumer Price Index (CPI) data exceeding the expectations of risk assets, Bitcoin bulls have been boosted.

The largest Bitcoin enterprise holder, business intelligence firm MicroStrateg, has been included in important global stock indices after its stock price soared.

On Tuesda, global investment decision support tool provider MSCI (formerl Morgan Stanle Capital International) announced that MicroStrateg has become one of the three largest new products b market value in its MSCI World Index, which will take effect on Ma 31.

Since the crpto market bottomed out in December 2022, MicroStrateg's stock price has skrocketed. According to TradeView's data, its stock price has risen more than eight times since then, with a rise of over 87% so far this ear, surpassing Bitcoin's 45% increase in 2024.

Since its last acquisition of Bitcoin on April 29, MicroStrateg holds 214,400 Bitcoins, valued at approximatel $13.5 billion. The total acquisition cost of MicroStrateg is $7.5 billion, with an average price of $35,180 per Bitcoin, which means the compan earned approximatel $6 billion in book profit from Bitcoin purchases.

Given its large holdings of Bitcoin (equivalent to over 1% of the total suppl of 21 million Bitcoins), MicroStrateg is increasingl being used as a prox for Bitcoin exposure in traditional markets, especiall before the launch of Bitcoin exchange traded funds in the United States in Januar.

Earlier this month, MicroStrateg announced plans to launch a decentralied identit solution based on Bitcoin.

Worldcoin is seeking to establish "new standards" in data protection, stating that it has removed user iris codes. The Worldcoin Foundation has released an open-source sstem that claims to improve the protection of sensitive information, including data generated when people register for Worldcoin projects.

A statement noted, "The sstem has been made available to all organiations in the Github repositor with the aim of setting new standards for data protection, including biometric data." Worldcoin stated that this new open source sstem is based on secure multi-part computing.

The World Coin Foundation said the have migrated to this new sstem and have removed the old iris codes previousl collected b scanning the eeballs of users registered for the World Coin project through Orb devices during this process. When people register and scan their eeballs to prove their identit and create digital identities, the World Coin project will provide them with crptocurrenc or WLD tokens.

Through secure multi-part computation (SMPC), data can be securel distributed across different locations. The World Monetar Fund stated in a statement, "This can be seen as obtaining a Secret and sharing multiple parts among different parties to enhance protection. The World Monetar Fund, in collaboration with the TACO and technical experts from Tools for Humanit, has successfull constructed a new implementation plan for SMPC to address previous issues that hindered others due to sie and cost constraints."

LG Uplus, a subsidiar of LG, recentl launched the Metaverse Experience at Yonsei Universit in Seoul. This metaverse experience is known as the "Meta Yonsei," characteried b the reconstruction of the universit's new village campus, including landmarks such as the school auditorium and librar, and providing laered access to digital resources and private meeting spaces for teachers and students.

Unlike man other metaverse experiences, Yuan Yanshi restricts man functions to validated students. Although future students and other visitors seem to be able to stroll around the virtual campus, view its features and landmarks, using companion meeting tools and accessing certain areas of the virtual universe are limited to registered students. The experience of Metaverse Yonsei Universit has been well received b campus students.

Students and teachers can also interact through structured check-in and supervision activities. According to a report released b the project in 2023, up to 1000 users can participate in virtual events in the Metaverse Auditorium (a digital version of the universit's real facilities), including the abilit to watch guest speakers and experts on a virtual stage.

Market Trends: BTC surged, US CPI data better than expected

The price of BTC has broken through $66,000, reaching a new high, which has also driven the overall rise of Altcoins. However, the ETH/BTC exchange rate has hit a new low in nearl three ears, indicating Ethereum's weakness relative to Bitcoin.

In terms of macroeconomics, the US stock market has continued to rise, reaching a historic high, while the US dollar index has sharpl declined. The April CPI data released esterda in the United States showed a month on month decline, which led the market to generall expect the Federal Reserve to cut interest rates in September, and the market's expectation for this has exceeded 80%.

Market Hotspots:

The Meme coins of the US election concept, including tokens such as PEOPLE, MAGA, BODEN, TREMP, etc., have seen a significant increase in price. It is expected that these concept tokens will continue to receive market hpe before the November US election.

AI concept tokens, including AR, PHB, LPT, OCTA, etc., have seen significant increases in the current market trend. The concepts of AI and Meme have alwas been the main driving forces of the market, and these related tokens have shown general strength in the rising market.

Solana ecosstem: Tokens such as JTO, GMX, and BOME have seen significant price increases, possibl benefiting from Robinhood's SOL staking activit. Tokens under the Solana ecosstem have shown a relativel active trend in the market.

Gate.io launched the Ton Ecosstem Meme project Notcoin: The total number of NOT chips is 100 billion, and the chips are full circulated. The market predicts that its market value is around $800 million. This move has attracted market attention to the project and ma also become one of the future hotspots.

Popular Laer2 Network Blast Airborne Tokens: Blast is the Laer2 of NFT trading platform Blur, which announced that it will air drop tokens on June 26th. This move ma be aimed at stimulating trading volume on the Blur platform, especiall after being surpassed b Magic Eden on the Solana platform, which needs to increase its trading activit b attracting more users.

In the current market, although BTC has reached a recent high, ETH's performance relative to BTC is relativel weak. In terms of macroeconomics, the US stock market continues to rise, but the US dollar index has shown a downward trend. The market hotspots mainl focus on the US election concept, AI concept, and Solana ecosstem. Investors need to closel monitor these hotspots and anale and operate them in conjunction with their own investment strategies.

Macro: CPI data drives interest rate cut bets, Wall Street closes at a historic high, and Asian markets rise

On Wednesda, Ma 15, all three major Wall Street stock indexes closed higher, with the S&P 500 index and Nasdaq setting closing records, both rising more than 1%. The three major stock indices all hit historic highs during the trading session, with technolog stocks leading the wa. The blue chip stock market is one step closer to the milestone of 40,000 vehicles.

The data released b the United States on Wednesda showed that the Consumer Price Index (CPI) rose 0.3% in April, lower than the expected 0.4% increase, increasing hopes that the Federal Reserve ma cut interest rates twice this ear.

Specificall, the three major indices: the Dow Jones index rose 0.88%, the Standard & Poor's index rose 1.17%, and the Nasdaq index rose 1.40%.

The lukewarm data on the US Consumer Price Index (CPI) in April indicates that inflation is slowing after three consecutive months of higher than expected data, sparking Optimism among people. This has led traders to increase their bets that the Federal Reserve will lower polic rates in September and December.

On Ma 16, the Asian stock market rose. The MSCI Asia Pacific Stock Index rose 1.44%. The Hong Kong Hang Seng Index rose 0.9%, while the Australian stock benchmark rose 1.5%.

The Nikkei Index in Japan initiall rose 1.3%, but due to pressure from some disappointing late performance on the last da of Wednesda's financial reporting season, as well as concerns about a significant rise in the en, the stock reduced its increase to 0.6%.

The US dollar is still in a downward trend, falling to several weeks of new lows against currencies such as the euro and pound. The ield of US treasur bond bonds continued to fall in Toko trading, falling to a new six week low. Despite data showing that the Japanese econom contracted more than expected in the first quarter, this still helped the heavil damaged en continue to recover.

Federal funds futures have lowered interest rates b 52 basis points this ear, with the September rate cut now full priced.

Brent crude oil futures rose 42 cents, or 0.5%, to $83.17 per barrel, while West Texas Intermediate (WTI) crude oil in the United States rose 43 cents, or 0.6%, to $79.06 per barrel, further exacerbating Wednesda's strong gains.

Gold prices rose 0.39% to $2,395.39, approaching a historical high of $2,431.29 since April 12.