Crypto Morning News - May 13th, 2021

Vitalik Buterin sold a large amount of meme tokens and donated the ETH and some meme tokens obtained to charity

Ethereum founder Vitalik Buterin sold a large number of meme tokens today, including 660 billion Shiba Inu tokens SHIB, 140 billion Akita Inu tokens AKITA, and 43 billion Dogelon Mars tokens ELON, earning a total of 15,719 ETH worth approximately 63 million U.S. dollars. At the same time, Vitalik Buterin also donated a large amount of ETH and meme tokens to charities, including donating 13,292 ETH to the non-profit charity Givewell, and donating 50 trillion SHIB (valued at $1.2 billion) to the New Crown Crypto Relief Foundation of India. Donated 1,000 ETH and 430 billion ELON tokens to the Methuselah Foundation, donated 1,050 ETH to the Machine Intelligence Research Institute, and donated 49 trillion AKITA to the multisig community of the Gitcoin grant program.
source

Tokenview: BTC fee is declining

According to the data monitoring on the Tokenview chain, as of May 12, the BTC transaction fee on the day was 70.77 BTC, which was about $4,359,300, which was a decrease of 198.91 BTC from the end of April, a decrease of 73.75%. And the price of BTC today is $50,442, a decrease of 11.39% compared to yesterday.

Weiss rating: AAVE, UNI and SUSHI may soon usher in an outbreak period

On May 12th, Weiss Ratings tweeted that AAVE and UNI are potential winners in the next stage of the market. UNI resistance is at $45, if it breaks through, it will usher in an explosion. Unlike AAVE and UNI, the price level of SUSHI lags slightly behind, and it is currently in a sideways state, and there is still a lot of upside space. Next, at this stage of the altcoin seasonal cycle, it is expected that funds will soon be transferred from Ethereum to other altcoins.
learn more

India's Crypto Covid Relief Fund responded to Vitalik Buterin's donation: We have decided to convert the donation slowly over a period of time

Vitalik Buterin donated 50 trillion SHIB tokens (worth more than $1 billion) to India's Crypto Covid Relief Fund launched last month by Polygon founder Sandeep Nailwal. In this regard, the Indian Cryptocurrency Epidemic Relief Fund tweeted to thank Vitalik Buterin for his generous donation, and said that it will gradually cash in these tokens over a period of time in response to the needs of epidemic relief under the condition of thorough consideration. According to previous reports, Polygon founder Sandeep tweeted, “We thank @VitalikButerin for his donation of 50,693,552,078,053 SHIBA to @CryptoRelief_ . We plan to do a thoughtful liquidation to ensure we meet our COVID relief goals. We have decided to convert the donation slowly over a period of time."

source

Opium Protocol is listed on Binance Smart Chain

Opium Protocol, an on-chain option protocol, will launch the Opium Turbo ETH, a highly leveraged derivative product on the expiry date, on the Binance Smart Chain (this product was previously launched on Polygon). Opium Protocol is a decentralized derivatives protocol. It was previously deployed in Ethereum. Polygon released its main product as Turbo ETH: it provides short-term high leverage for basic assets and brings turbo-level revenue. In the future, Opium will develop more turbo products, such as perpetual turbos. At the same time, Opium is developing version 2.0 to provide users with one-click deployment of financial products.
learn more

Galaxy Digital CEO：Elon Musk is using his considerable influence to push BTC mining towards a greener future

Galaxy Digital CEO Mike Novogratz : My take on @elonmusk is to take him at his word. He cares about the environment and he is using his considerable influence to push BTC mining towards a greener future. Lots of companies in the space have already been working on this. Stay tuned. And buy $BTC.

SOURCE

Vitalik Buterin once again sold animal coins, selling 206 trillion HUSKY

According to Etherscan data, Vitalik Buterin once again sold animal coins, selling more than 206 trillion HUSKY for 131.96 ETH in Uniswap.
source

$10 Billion Hedge Fund Balyasny Exploring Bitcoin

According to The Street, top hedge fund Balyasny Asset Management is considering betting on Bitcoin. The hedge fund company manages assets worth more than $10 billion. According to reports, Balyasny is conducting due diligence on Bitcoin and other digital assets.

source

Founder of Chia: If you are worried about the environmental impact, Tesla should sell all bitcoins

In response to Elon Musk’s claim that Tesla has suspended the use of Bitcoin, Chia founder Bram Cohen commented on Twitter: "If you're concerned about the environmental impacts you should sell all your Bitcoin which will increase the supply thus reducing the price, the rewards for mining, and the energy expended claiming them". According to previous reports, Elon Musk said that Tesla has suspended bitcoin payments. He said that cryptocurrency is a good idea, but not at the expense of the environment. Tesla will not sell any bitcoins, and will seek other cryptocurrencies that consume less energy than bitcoins.

source

Polkadot testnet Kusama opens a referendum on the parachain launch, and the parachain auction will be launched at the end of the voting on May 15th

The Polkadot test network Kusama tweeted on May 13 that it had passed the v0.9.1 upgrade and opened a referendum on the parachain. The voting will end at 6 o’clock on May 15th.

source

Deputy Chief Researcher of Nissei Institute of Basic Research: Musk's enthusiasm for cryptocurrencies may be waning

Makoto Sakuma, deputy chief researcher of the Nissei Institute of Basic Research, said that the problem of high energy consumption by Bitcoin miners has long been known, so this is nothing new. But combined with Tesla CEO Elon Musk’s recent remarks on Dogecoin, his latest remarks seem to indicate that his enthusiasm for cryptocurrencies may be waning. It is not believed that all the selling in the earlier market was due to this news, but this increased the risk of selling.
source

---

---

MARKET DATA - TOP 10 [ from CoinMarketCap ]

THANKS ALL