CryptoQuant's research director pointed out that the price of BTC is currently in a correction range, and it cannot be said for certain that the bottom has been reached because various valuation indicators all show a downward trend, such as the MVRV indicator being below the 365-day moving average. The adjustment process may take a long time. MVRV is the ratio of circulating Market Cap to realized Market Cap.

The cryptocurrency industry does not need any project to raise more than $10 million. VC's massive funding for projects like Berachian, Monad, Abstract, Movement is simply because they need to spend this money. In fact, VC is providing these newly established companies with more than 5 years of operating capital, and these projects can also obtain additional funding during token issuance. Tom finally urged not to have more than $10 million in financing and no more than $100 million in valuation.

The AIGC team of Guizhou Satellite TV used the magic of AI to integrate the poetry of the Northern Song Dynasty poet Cheng Hao into the MV "Qingming Spring", presenting us with a beautiful picture of Guizhou spring. The whole production process of the MV adopts AI lyrics, AI composition, AI singing and AI scene generation.

Odaily Planet Daily News According to Lookonchain monitoring, multiple Whales are increasing their holdings in ai16z: -AVLKwK...x1Mv Today's spending is 3.71 million USDC, buying 2.96 million ai16z at an average price of about 1.253 US dollars per coin; -65FwXv...T4HE Today, 10,000 SOL (1.88 million US dollars) was spent to buy 1.51 million at an average price of about 1.247 US dollars.

Block chain media The Block co-founder Mike Dudas said that Memecoin is now a category of assets similar to NFT, including community coins, cult coins, celebrity coins, and AI coins, and various styles will emerge as the experiment develops.

Jinse Finance reported that Mike Dudas, co-founder of The Block, a blockchain media company, and an investor in 6MV encryption, wrote on X platform that Meme coin KOL Murad is actually very smart and had interesting ideas about cryptocurrency and BTC about seven to eight years ago. Unfortunately, he has now become a cult leader of encryption, with the sole goal of attracting religious-like followers of encryption, most of whom will eventually be beaten by the market.

1. encryption start-up Q2 financing of 2.7 billion dollars; 2. Solana edge data intelligent network 375ai completed a 5 million dollar seed round financing, led by 6MV; 3. Decentralized Finance protocol Chateau, targeting private sale Capital Market, completed seed round financing, led by Hack VC.

Golden Finance reported that 375ai, the edge data intelligence network of Solana, announced the completion of a $5 million seed round of financing on X platform, with 6MV as the lead investor, and Arca, Escap Velocity, Primal Capital, and Auros as co-investors. The specific valuation information has not been disclosed. 375ai provides blockchain-based Decentralization edge data intelligence network Nodes and mobile applications for real-time data collection. Users can participate in the network by deploying Nodes, using applications, or staking Tokens, and at the same time, receive rewards.