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📢 Gate Square Daily Report | May 6
1️⃣ Geopolitical Situation: Iran has informed regional countries of its ceasefire stance, Brent crude oil fell 1.73% intraday, gold rose 1.15%.
2️⃣ Market Trends: The crypto market surged across the board, with the SocialFi sector leading over 13%, and BTC re-entered the $81,000 level for the first time in 3 months.
3️⃣ Institutional Movements: a16z launched a $2.2 billion crypto fund, Crypto Fund 5, covering all stages of investment in the crypto space.
4️⃣ Industry News: The United States' first nationwide licensed bank, SoFi, announced it will launch the SoFiUSD stablecoin on Solana.
5️⃣ Product Updates: Hyperliquid launched its first HIP-4 binary prediction market contract, further intensifying competition in prediction markets.