Chris Burniske, a partner at crypto-focused venture capital firm Placeholder, wrote in an X post that Ethereum (ETH) is likely to be the crypto asset that will benefit the most from the passage of the...

Chris Burniske, a partner at crypto-focused venture capital firm Placeholder, wrote in an X post that Ethereum (ETH) is likely to be the crypto asset that will benefit the most from the passage of the GENIUS Act, a proposed U.S. law to regulate stablecoins. This is due to ETH's stablecoin base, robust DeFi infrastructure and long-term institutional rapport, Burniske explained. 

In addition, Burniske noted that the GENIUS Act could also have a positive impact on Solana (SOL) and Tron (TRX). Earlier, the U.S. Senate agreed to start debating and possibly changing the GENIUS Act after a vote to begin discussions, known as invoking cloture, passed.

ETH likely to benefit a lot from GENIUS Act, says Placeholder partner

Plasma is a blockchain that only supports stablecoins, redefining payment infrastructure with zero transaction fees, Bitcoin-level security, and a vision oriented towards mainstream finance. Kairos Research is an investor in Plasma. The information provided by Kairos Research, including but not limited to research, analysis, data, or other content, is for reference only and does not constitute investment advice, financial advice, trading advice, or any other form of advice. Kairos Research does not recommend buying, selling, or holding any...

Plasma, Tether's Trillion-Dollar Stablecoin Ambition

U.S. inflation data for May showed more moderate-than-expected signs, bringing positive signals to risk assets. Specifically, the year-on-year Consumer Price Index (CPI) without seasonal adjustment was 2.4%, lower than the market's general expectation of 2.5%; the month-on-month rate was also only 0.1%, similarly lower than the expected 0.2%.

Core inflation data (excluding volatile food and energy prices) also showed a similar slowing trend: the year-on-year rate was 2.8%, lower than the expected 2.9%; while the seasonally adjusted core CPI month-on-month rate was only 0.1%, significantly lower than the market's expectation of 0.3%.

After the report was released, ...

The positive US CPI cannot hide the whale' shipments? Bitcoin fell back under pressure after rising

As the market gradually recovers and interest rate cut expectations approach, more and more AI projects have been making moves recently.

Written by: <深潮> TechFlow

This week, the Virtuals ecosystem has once again reached a climax, triggered by a project called I.R.I.S, which is about to launch on the Virtuals platform. With the market gradually recovering and interest rate cut expectations approaching, more and more AI projects have been taking action recently.

This article will review recent popular or upcoming Token Generation Event (TGE) AI projects.

1、I.R.I.S - Virtuals ...