🔵 #Can BTC Break $110K?#
Bitcoin recently broke above $107,000 and is currently trading around $105,000, just shy of its all-time high at $109,580. Do you think Bitcoin can set a new record and push past $110,000? Share your analysis and predictions with us!
🔵 #AI Token Market Cap Rebounds#
According to CoinGecko, the total market cap of the AI agent sector has rebounded to $6.862 billion, with a 1.2% increase in the past 24 hours. Notably, VIRTUAL surged 18.5%, and AI16Z rose 7.1%. Which AI tokens are you bullish on? How are you planning your portfolio strategy? Let’s hear your thoughts!
Sky Q1 lost 5 million USD, due to a 102% rise in the interest expenses of USDS.
According to BlockBeats news on May 14, as reported by Coindesk, Sky (formerly MakerDAO) lost $5 million in the first quarter of this year, due to the doubling of Interest paid to Token holders. This loss contrasts sharply with the previous quarter, when Sky made a profit of $31 million. The main reason for the 102% increase in Interest expenses is that Sky decided to drive users to use its newly launched stablecoin Sky Dollar (USDS) through higher incentives, replacing the existing DAI.