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📢 Gate Square Daily Report | May 12
1️⃣ Market Trends: BTC is priced at $81,767, down 0.7% in 24 hours; ETH is priced at $2,341, down 1.4%, with the overall market seeing a slight pullback.
2️⃣ Institutional Moves: Bitcoin inscription browser IREN announces plans for a private placement of convertible notes, raising $2 billion to expand AI computing infrastructure.
3️⃣ Financing Updates: Circle is set to launch the Arc blockchain and a $222 million token pre-sale, and the news drove the stock price up by more than 15%.
4️⃣ Forecast Market: TradingView appears to have disclosed that Polymarket’s IPO time is December 31 this year, and the capitalization progress of the prediction market sector is drawing significant attention.
5️⃣ Industry News: Bitcoin inscription browser Ord.io announced that it will officially shut down the platform on June 1.