BlockBeatNews

BlockBeats news, on May 1st, Bank of Japan Governor Kazuo Ueda stated that if the economic and price trends meet expectations, the Bank of Japan is expected to continue raising interest rates. (Jin10)

Two whale addresses were found to be accumulating FARTCOIN on May 1, purchasing large amounts of the crypto assets at prices of $1.17 and $1.13 respectively. The total holding now amounts to 3.68 million coins, valued at $4.63 million.

BlockBeats news, on May 1, according to monitoring by ai9684xtpa, KMNO has pumped 10% in the last 24 hours. A Whale that accumulated 47.23 million KMNO yesterday at an average price of $0.06737 has unrealized gains of $275,000 and has not yet transferred or sold.

BlockBeats news, on May 1, according to OnchainLens monitoring, a certain Whale redeemed 92,663.58 SOL after staking for 10 months, worth 13.51 million USD. The Whale initially staked 87,109.43 SOL (worth 14.02 million USD), earning a profit of 5,554 SOL, but still facing a loss of about 500,000 USD.

The Whale sold part of its holdings of ai16z at a loss of 1.92 million dollars after holding it for three months. Originally, 6.51 million ai16z was purchased for 18,000 SOL, and now 4 million ai16z is sold at a price of 0.26 dollars, leaving 2.51 million ai16z remaining.

On May 1st, the smart money address "3qAKQ...C8Jmk" built a position in the Meme coin GORK on the Solana blockchain, investing $44,700, and has since realized unrealized gains of $612,000, achieving a return of 1368%. The average price of GORK was $0.003722, and the current price is $0.05415. Additionally, KOL Ansem and 0xsun have also invested in this token.

BlockBeats news, on May 1, Virtuals officially released the points-based new project mechanism Genesis update: developer vesting is now public and the automatic locking function is online. The Virtuals Genesis Launch has enabled developers to directly select the automatic locking and vesting schedule for their Token distribution on the launch interface, and users can now view the vesting options in detail to make project investment decisions. The Genesis Launch aims to ensure a fair and transparent Token launch, eliminating snipers and conspiracy groups.

On May 1, Lookonchain monitoring showed that a trader bought 7.24 million Meme coins GORK with a total value of $1,513, sold 3.86 million, and currently holds 3.38 million, with unrealized gains of approximately $295,000. Meme coins have significant Fluctuation, relying on market sentiment and concept speculation, with no actual value; investors should exercise caution.

Moonshot Listings monitoring shows that the Meme coin GORK (New XAI gork) on the Solana blockchain was launched on May 1, with its market capitalization exceeding 50 million USD within 5 hours, currently reported at 45 million USD, with a volume of 123 million USD. However, Meme coins have significant fluctuations, relying solely on market sentiment and conceptual speculation, lacking actual value or use cases, and investors must be cautious to guard against risks.

BlockBeats news, on May 1st, according to OnchainLens monitoring, a Whale deposited 5 million USDC into HyperLiquid and opened a short positions with a notional value of 9.2 million USD at 5x leverage. Entry price is 19.6989 USD, and liquidation price is 27.645 USD.

According to BlockBeats news, on May 1st, the official X account of Hyperliquid was suspected to be hacked, posting a fraudulent Airdrop query link.

According to BlockBeats news on May 1st, Pendle PT has officially launched as Collateral on the Aave Core Market. Within hours of the launch, the subscription limit of $150 million was sold out. The limit has now been increased to $250 million, with approximately $162.2 million of Pendle PT Collateral deposited, accounting for 65% of the total limit. Pendle PT is becoming a high-quality Collateral in various lending markets while providing a secure and stable fixed income.

BlockBeats news, on May 1st, according to WhaleAlert monitoring, 2 minutes ago, the USDC Treasury minted 250 million USDC on the Solana blockchain.

BlockBeats news, on May 1, U.S. Treasury Secretary Basant: (Regarding the Ukraine mineral agreement) We are ready to sign; the Ukrainian side made some changes at the last minute. (Jin10)

BlockBeats news, on May 1, U.S. President Trump stated during a cabinet meeting that the stock market is just a barometer, and I do not believe the stock market is omnipotent. The stock market shows how bad the situation has been since we took over the Biden administration. There should be no judgment on the merits or demerits of the stock market situation. (Jin10)

BlockBeats News, on May 1, U.S. President Trump stated that the "big beautiful bill" currently in the works might be "bigger than tariffs." Trump praised U.S. Senate Majority Leader McConnell for his work on legislation and added that Democrats are "trying to block it at every turn." He warned that "if they succeed, it would mean a 58% tax increase." Trump reiterated that the proposed spending bill would mean "the largest tax cut in American history." (Jin10)