Daily View | Saturday May 07

The following contents are organized and provided by PlatONWorld to spread more information and not represent the position of PlatONWorld. The contents are from third-party platforms, and the accuracy, authenticity, completeness, validity, and real-time nature of the information are not guaranteed.

【LAT】

Total issuance	Circulation	Pledge rate	Total pledge	Number of addresses
10,506,250,000	2,394,130,000	29.67%	1,400,908,508.67	190,473

Data source: https://scan.platon.network/

【Quotes】

Trading pair	24 hours high	24 hours low	24-hour trading volume
LAT/USDT	0.0387	0.0351	263,595
BTC/USDT	36554.62	35258.81	17,720
ETH/USDT	2757.29	2633.00	111,904

Data source: Huobi Exchange

【10 days node data】

2022	Active	Candidate	Exiting	Exited
May 07	201	23	3	145
May 06	201	23	3	145
May 05	201	23	3	145
May 04	201	24	2	145
May 03	201	24	2	145
May 02	201	24	2	145
May 01	201	24	2	145
April 30	201	24	2	145
April 29	201	24	2	145
April 28	201	24	2	145

Data source: https://scan.platon.network/

【Industry News】

Amazon founder Jeff Bezos follows Dogcoin founder Billy Markus on social media

Golden Finance reports that Jeff Bezos, founder of Amazon and CEO of space tech company Blue Origin, has followed Billy Markus (@BillyM2k, Shibetoshi Nakamoto), founder of Dogcoin, according to a social media Twitter update. Markus was an IBM engineer who founded Dogcoin (DOGE) in 2013, and Dogcoin has since received huge support from Tesla CEO Musk, who not only claims to be sending Dogcoin to the moon with a SpaceX rocket, but also interacts frequently with Billy Markus on social media. Golden Finance previously reported that Amazon CEO Andy Jassy said in an interview with CNBC in early April that Amazon may support the sale of NFT in the future and is optimistic about the future of cryptocurrency and NFT.

Bank of America: Bitcoin Is Not an Inflation Hedge

A new report released by Bank of America says that bitcoin does not act as a hedge against inflation, according to Golden Financial News. Instead, bitcoin is traded as a risky asset. In the report, Bank of America analysts Alkesh Shah and Andrew Moss note that since July 2021, data shows cryptocurrencies have often fluctuated with the stock market. on Jan. 31, the correlation between bitcoin and the S&P 500 hit a record high and the correlation with the Nasdaq 100 was near an all-time high, based on the past 180 days of movement. In addition, bitcoin is often compared to gold as an effective store of value. But the report says the correlation between bitcoin and gold (XAU) has been near zero since June 21 and has become more negatively correlated over the past two months, meaning bitcoin’s price has not fluctuated in tandem with gold. (Fortune)