EIA Heating Oil Inventories in the U.S. for the week ending May 16

Merkle Tree reserve proofs were introduced in crypto asset exchanges to rebuild user confidence and increase asset transparency. Although there are issues such as front-end fraud, audit credibility, and limitations, the combination of its dynamic deterrent mechanism and third-party audits helps enhance industry oversight, promote decentralization, and drive the standardized development of the industry.

NFT Trading volume on CryptoPunks' NFT collection last week totaled >$24.6 million, the highest weekly total since March 2024. It is also a 416% increase from the previous week.

Crypto Assets enter the real estate market: opportunities and risks coexist The U.S. mortgage financing sector is undergoing a significant transformation. Recently, relevant authorities announced that when assessing the repayment ability of homebuyers, investments in Crypto Assets will be included in the overall wealth consideration. This decision signifies that digital currency is gradually integrating into the mainstream financial system. The policy change means that homebuyers no longer need to sell their Crypto Assets to obtain cash when applying for a mortgage. This move has been welcomed by the Crypto Assets market and its supporters, but it has also raised concerns among some consumer rights advocates. They believe that linking such a volatile and relatively lightly regulated investment asset to the housing market could pose potential risks. As home sales stagnate, the influence of Crypto Assets in the housing market is increasing. Some innovative companies have begun to launch financial products that combine Crypto Assets with real estate. For example, there are companies

This week, the crypto assets market experienced fluctuations and a fall, influenced by the arrest of the founder of an instant messaging software and the Ethereum co-founder's opposition to decentralized finance. The market sentiment index significantly declined, Altcoins lack follow, and Meme tokens performed strongly. It is expected that next week, Bitcoin and Ethereum's performance will still be affected by macro data.

Plasma is a high-performance Bitcoin sidechain designed specifically for stablecoins, aimed at solving the issues of transaction cost and performance in existing blockchains, providing zero transaction fees and enhanced security. The project has raised $24 million and plans to promote network development through the issuance of XPL Tokens.