Key Market Information Discrepancy on May 8th - A Must-Read! | Alpha Morning Report

Top News

1.Stripe Announces Launch of Stablecoin Financial Account

2.EOS Token to Undergo $A Conversion on May 14, Supporting 1:1 Seamless Exchange

3.Bitcoin Market Dominance Rises to 65.4%, Reaching New High in Current Bull Market

4.Visa Makes Strategic Investment in Blockchain Payment Company BVNK, Doubles Down on Stablecoins

5.Binance to Introduce Alpha Points Burn Mechanism

Articles & Threads

1. "In-Depth Analysis of Ethereum's Pectra Upgrade: Long-Term Technological Leap, Short-Term Pressure on ETH Price"

Ethereum's PECTRA upgrade consists of 11 EIPs aimed at improving network scalability, reducing costs, and enhancing user experience. Key improvements include smart wallets, Rollup optimizations, enhanced staking capabilities, and more. These changes will drive Ethereum's long-term development but may exert downward pressure on ETH price in the short term due to network efficiency improvements, ETH burning, and fee reductions. Overall, PECTRA represents a significant technological advancement, strengthening Ethereum's competitiveness.

2. "CZ Dialogue: Engaged in Group Chat with CEOs of 10 Exchanges Including FTX, Regulators Suspect 'Market Manipulation'"

In this exclusive interview, Farokh had a deep conversation with Binance's founder and former CEO Changpeng Zhao, known as "CZ" to many. They discussed CZ's imprisonment experience and the lessons he learned from it, his views on the potential second term of President Trump, and his overall perspective and feelings on the current cryptocurrency industry.

Market Data

Daily market-wide fund heat (reflected by funding rate) and token unlocks

Data Source: Coinglass, TokenUnlocks

Funding Rate

Token Unlocks