{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/63e26a946b77a10011ea5094/6a01d6cf53be193dbd422b9d?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"May 11: AetherFi Raises $120M, and IONIX CHAIN & PEPEBOSS Lead Hot Presales","description":"<ul><li><strong>Bitcoin Update</strong>: Bitcoin consolidates near $81K after failing to hold $83K resistance, supported by White House confirmation of an imminent crypto market structure bill markup.</li><li><strong>Institutional Momentum</strong>: BlackRock’s IBIT saw $480M+ in inflows over 48 hours, while a major U.S. pension fund added another $310M to Bitcoin via ETFs.</li><li><strong>Regulatory Progress</strong>: The U.S. House is set to vote on the revised stablecoin bill next week with state chartering options included; Hong Kong approved two more licensed exchanges.</li><li><strong>Security Incident</strong>: A $19M flash-loan exploit hit a DeFi protocol on Base chain, the second major incident on the network in two weeks.</li><li><strong>Major Funding Round</strong>:&nbsp;<strong>AetherFi</strong>&nbsp;(AI-powered decentralized lending protocol) raised&nbsp;<strong>$120 million</strong>&nbsp;in a Series A led by a16z Crypto and Paradigm.</li><li><strong>Hot Presales</strong>:&nbsp;<strong>IONIX CHAIN</strong>&nbsp;raised&nbsp;<strong>$28 million</strong>&nbsp;and&nbsp;<strong>PEPEBOSS</strong>&nbsp;raised&nbsp;<strong>$19 million</strong>&nbsp;in the past 48 hours, showing strong retail interest in early-stage projects.</li><li><strong>Altcoin Watch</strong>: Galaxy Research and other analysts are highlighting five altcoins (<strong>LINK, KAS, SUI, NEAR, and TAO</strong>) with tight technical setups and concrete May catalysts that could lead the next leg up if Bitcoin holds above $81K.</li></ul><p>Sources:</p><p>CoinDesk, Cointelegraph, Decrypt, The Block, Reuters, Fortune, Yahoo Finance, X trending data, CoinMarketCap &amp; CoinGecko.</p>","author_name":"Matt Diemer"}