According to CryptoSlam data, the Bitcoin on-chain NFT transaction volume in the past seven days reached 55.02 million US dollars, Ethereum NFT transaction volume reached 48.7 million US dollars, and Solana NFT transaction volume reached 24.62 million US dollars.

According to Etherscan data reported, the stablecoin USDe issued by Ethena Labs has reached a circulation of 2,292,060,769. USDe is a stablecoin based on Ethereum, which is collateralized by derivatives and achieves price stability through delta-neutral hedging in centralized and decentralized venues. To create USDe, Ethena allows users to use USD, ETH, or liquidity collateral tokens as collateral.

According to market data, CEL has broken through $0.55 and is currently priced at $0.5651, with a 24-hour increase of over 75%. The market is volatile, so please be prepared for risk control.

According to ChainArgos monitoring, on May 4th, Tether conducted a large-scale issuance and redemption activity. A total of $240 million USDT was issued that day, while $8.6 million USDT was redeemed.

The total transaction volume of stablecoins on Ethereum last month was significantly higher than any previous month, but most of the trading volume was contributed by a single stablecoin, DAI. As previously reported by The Block, DAI is increasingly being used for complex MEV transactions, usually involving flash loans, with a large portion of DAI being minted and returned in a single transaction. Just one of these transactions increased DAI trading volume by nearly $1 billion.

According to Ultrasound data, as of now, the Ethereum network has burned a total of 4,287,144.91 ETH. Note: After the Ethereum London upgrade introduced EIP-1559, the Ethereum network will dynamically adjust the BaseFee of each transaction based on transaction demand and block size, and this portion of the fee will be directly burned and destroyed.

1.The Federal Reserve reduced its balance sheet by $77 billion in April, and the size of its balance sheet fell below $7.4 trillion2.Former Bitmex CEO: Bitcoin will trade between $60,000 and $70,000 before August 3.SLERF total destruction exceeds 7 million USD4.ether.fi large staker initiates pledge withdrawal application for 37,140 ETH5.Web3 digital asset company Alpha Transform Holdings makes strategic investments in Arhasi and Cloudbench 6.A trader spent 402 ETH to buy 732,326 FRIEND, with an unrealized profit of $653,0007.A certain address has sold a total of 677,197 FRIEND airdrops through BunnySwap, making a profit of approximately $1.15 million8.A multi-signature wallet withdrew 915.85 billion PEPE from Binance9.The NFT project Blob team engraved the rune EPIC•EPIC•EPIC•EPIC on the Epic Satoshi block of Bitcoin’s fourth halving10.On-Chain Analyst Predicts Six to Twelve Months of 'Parabolic Advance' for Bitcoin

Strong technical resistance levels and a high number of profitable traders pose the risk of modest pullbacks in the Bitcoin market.

Bitcoin market participants are doubting the staying power of the ongoing BTC price relief bounce.

The market shows BTC has broken through $63,000 and is currently trading at $63,014.9, with a daily increase of 6.11%. The market is volatile, so please exercise caution in risk management.