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![MakerDAO founder says fully decentralized 'PureDai' will launch in few years](https://img.bgstatic.com/multiLang/image/aa212f673689f0f37fd99611d9ad1fab1715852358614.jpg)
MakerDAO founder Rune Christensen said a future token named PureDai will serve as a fully decentralized alternative to Dai. PureDai will use ether and stETH as collateral and will have a free-floating peg. Dai holders will have the option to upgrade to PureDai once it becomes available, which is expected in a few years.
![Bitcoin (BTC) Price Rally, Shiba Inu (SHIB) Predictions, and More: Recap May 16](https://img.bgstatic.com/multiLang/web/6d4935149f5b633926c00723164dc333.webp)
BTC’s value soared by $5K in a matter of hours, SHIB was predicted to launch a bull run, while PEPE hit a new ATH.
![QCP expects current momentum to push the bitcoin price back to all-time highs](https://img.bgstatic.com/multiLang/image/d70f664b4cf467201fb3db19e08fa8281715846428516.jpg)
QCP Capital expects the bitcoin price to return to $74,000 after the latest CPI print saw risk assets surge.
![Bitcoin analysis sees $74K next as BTC price tries to hold 7.5% gains](https://img.bgstatic.com/multiLang/web/acb1a10cbccc9bd3e635fcbc37e118d7.png)
BTC price action has its doubters after swiftly jumping to new May highs, but some see Bitcoin continuing upward momentum into price discovery.
![CME Group plans to launch bitcoin spot trading: FT](https://img.bgstatic.com/multiLang/image/f15835b8898253948be927e4b59af0231715758965664.jpg)
The Chicago Mercantile Exchange (CME) Group is considering launching bitcoin spot trading, according to a report.Discussions have been ongoing with traders, though the plan for spot trading rollout has not been finalized.
- 08:35Gam3Girl Ventures strategically invests in YGGThe Asia-focused Web3 game incubation fund, Gam3Girl Ventures, has announced a strategic investment in Yield Guild Games (YGG) by directly purchasing YGG tokens from the market to join its ecosystem.
- 08:34HEI opened at 1.5241 USDT on BitgetBitget market data shows that HEI opened at 1.5241 USDT and is now reported at 1.3729 USDT.
- 08:13A certain whale transferred 1100 Bitcoins to CEX 2 hours agoAccording to ember monitoring, a certain whale address transferred 1100 Bitcoins (approximately $106 million) into CEX two hours ago. This address had previously withdrawn a total of 5700 Bitcoins (approximately $459 million) from CEX in June and December 2024, with an average withdrawal price of $80449. The address currently still holds 4598 Bitcoins (approximately $441 million), its realized and unrealized profits amount to approximately $88.73 million.