Must pay attention next week | Nvidia will hold the GTC 2024 conference; ether.fi will open airdrops (3.18-3.24)


Important notice for next week

NVIDIA will hold the GTC 2024 conference from March 18th to 21st;

Arbitrum will activate additional fee reductions on March 18;

ether.fi: Airdrop redemption will be available on March 18;

The first snapshot of Backpack Exchange Pre-Season will be taken on March 18;

Reddit plans to price its IPO on March 20, with a target price of $31 to $34;

Opentensor Foundation: Bittensor roadmap will be announced next Thursday

From March 18th to 21st, more noteworthy events in the industry are previewed below.

March 18th

NVIDIA will hold GTC 2024 conference from March 18th to 21st

Odaily Planet Daily News NVIDIA announced that it will hold the GTC 2024 conference at the San Jose Convention Center from March 18th to 21st. NVIDIA founder and CEO Jensen Huang will deliver a keynote speech at the San Jose Convention Center on Monday, March 18th (Monday) at 1 pm Pacific time, which is 4 am Beijing time on Tuesday, March 19th (Tuesday).

CME Group plans to launch euro-denominated micro Bitcoin and Ethereum futures on March 18

Odaily Planet Daily News CME Group plans to launch micro Bitcoin and Ethereum futures denominated in euros on March 18.

World Funds Trust submitted applications to the SEC for six leveraged ETFs based on Bitcoin spot, which are expected to take effect on March 18

Odaily Planet Daily News According to documents shared by Bloomberg Intelligence analyst Henry Jim on the times, 1.75x, 2x leveraged/inverse leveraged ETFs. Code/fee to be determined, effective date March 18, 2024.

The documents show that these ETFs all use the yet-to-be-launched iShares Spot Bitcoin ETF as the initial reference ETF, but reserve the right to use other spot Bitcoin ETFs.

It is reported that World Funds Trust is an open-end management investment company, established as a Delaware statutory trust on April 9, 2007.

Avalanche launches Codebase, an accelerator for early-stage founders, and will announce the winners on March 18

Odaily Planet Daily News Avalanche announced last year the launch of Codebase, a 12-week accelerator for early founders, focusing on product, engineering, market entry (go-to-market), operations, organizational development and fundraising. The first batch of 15 startups will be selected and each company will receive a stipend of US$50,000 to focus on building during the project.

Currently, Codebase has completed the registration application and the winners will be announced on March 18.

The ArbOS Atlas upgrade is planned to be executed on the Arbitrum chain on March 14, and additional fee reductions will be activated on March 18

Odaily Planet Daily According to official news, Arbitrum issued a statement stating that the Dencun upgrade has been successfully launched on the Ethereum mainnet, making it one of the largest upgrades to support L2 expansion of Ethereum. Now, with the completion of the Ethereum mainnet upgrade, the ArbOS Atlas upgrade is expected to be executed on all Arbitrum chains at 9:41 am on March 14, 2024, Eastern United States (9:41 pm Beijing time). Once the upgrade is implemented, it is expected that it may take an hour or two for blob transactions to begin publishing and for the new EIP-4844 pricing changes to begin to appear. ArbOS Atlas also introduces additional Arbitrum fee reductions for Arbitrum One, which is expected to be activated on March 18.

Venom Network will be launched on the mainnet on March 18th

Odaily Planet Daily reported that Layer 0 blockchain Venom Network issued a document on the X platform saying that it will be launched on the main network on March 18.

ether.fi: Airdrop will be available for redemption on March 18th

Odaily Planet Daily reported that ether.fi posted on the

Backpack Exchange Pre-Season first snapshot will be taken on March 18th

Odaily Planet Daily News Backpack announced on the X platform that the first snapshot of Backpack Exchange Pre-Season will be taken on March 18.

March 19th

OKX will list Polyhedra Network (ZK) on March 19

Odaily Planet Daily reported that according to the official announcement, OKX will be listed on Polyhedra Network (ZK). The specific arrangements are as follows: ZK recharge will be opened at 16:00 on March 15, 2024; ZK/USDT spot trading will be on March 19, 2024 Open at 18:00; ZK withdrawal will open at 18:00 on March 20, 2024.

It is reported that Polyhedra Network (ZK) aims to empower interoperability and network protocol computing power through zero-knowledge proof technology (ZK).

OP Labs: OP Sepolia will be upgraded to support a fully functional fault-proof version of OP Stack on March 19

Odaily Planet Daily News OP Labs posted on the X platform that OP Sepolia will be upgraded to a fully functional OP Stack fault proof (Fault Proof) version on March 19. This upgrade will introduce some breaking changes that will impact bridging, CEX, and custom solutions using withdrawals. The team is asking relevant developers to update logic to support trouble tickets, update withdrawal monitors, and update dispute monitors.

The proposed fail-proof upgrade requires developers to update the withdrawal logic before OP Sepolia is released to enable these fail-proof changes. Importantly, withdrawals between OP Sepolia and Sepolia will no longer be instant as they will use a proof-of-failure mechanism.

DAO Maker announces expansion to Solana network and will launch YOURAI on Raydium next Tuesday

Odaily Planet Daily News DAO Maker announced on the Raydium launches YOURAI.

March 20th

Reddit plans to price its IPO on March 20, with a price target of $31 to $34

Odaily Planet Daily reported that according to the British Financial Times, two people familiar with the matter revealed that Reddit plans to price its IPO on March 20 and start trading the next day. The company has a price target of $31 to $34 per share, valuing it at about $6.5 billion. If priced according to this plan, its post-IPO market value will be significantly lower than the $10 billion at the time of the last non-public valuation in 2021. An IPO banker not involved in the deal said that Reddit’s listing “will not determine the direction of the entire IPO market, but if it performs poorly, it will certainly not help our overall thinking about technology company IPOs.” Reddit will tell potential investors that it is building an advertising business similar to Pinterest, which does not collect as much personal data on users and instead serves ads based on interests and intent, according to a person familiar with the plans. Reddit has also committed to licensing user data to artificial intelligence companies looking to train large language models.

March 21st

Opentensor Foundation: Bittensor roadmap will be announced next Thursday

Odaily Planet Daily News The Opentensor Foundation stated on the social platform that it will announce the Bittensor roadmap next Thursday.

The Opentensor Foundation also revealed that the roadmap may include expanding Bittensor beyond the root network in 2024, implementing sudo form management, and adopting a PoS mechanism, etc.

Aztec Network will gradually shut down Aztec Connect, and it is expected to stop all Rollup functions on March 21

Odaily Planet Daily reported that Aztec Network, a privacy and scaling solution based on ZKRollup, announced that it will gradually shut down the DeFi privacy bridge project Aztec Connect and will disable the deposit of funds into Aztec from zk.money and other front-ends (such as zkpay.finance) in a week. Connect contract, but users will be able to withdraw money for free for a year. The Aztec team expects to completely abandon the Aztec Connect contract after one year, and all Rollup functions will cease, which is expected to be March 21, 2024. Aztec Network advises users to withdraw funds as soon as possible.

Stratis: StratisEVM release delayed to March 21

Odaily Planet Daily reported that according to official news, the blockchain technology company Stratis released an update to the token Swap plan. The specific arrangements are as follows:

1. On-chain token exchange will continue until 18:00 GMT on March 20 (2:00 a.m. on March 22, Beijing time);

2. STRAX snapshot time: 18:00 GMT on March 20 (2:00 a.m. on March 22, Beijing time);

3. StratisEVM launch time: currently planned for March 21;

4. Off-chain token exchange time: February 7 to December 29 at 9:00 GMT.

Blockchain technology company Stratis previously issued a statement stating that it expects to start on-chain token exchange and snapshot taking on January 31. Stratis said that in order to thank users for their support and offset any potential loss of staking rewards, Stratis will notify all adjustments to the time Users who have performed redemptions before the release are airdropped with some additional tokens to make up for any possible loss of staking rewards. As a Layer 1 network, StratisEVM is a PoS blockchain based on Ethereum. It will also launch L2 solutions in the future, specifically focusing on high throughput and low finality to cater to the needs of games and DeFi protocols.

March 22

The U.S. SEC seeks to extend the deadline for defense briefings in the Ripple case to March 22

Odaily Planet Daily reported that former U.S. federal prosecutor James K. Filan posted on the As of March 22, 2024, Ripple’s deadline to submit a defense brief has been extended to April 22, 2024, and the SEC’s deadline to submit a defense brief response has been extended to May 6, 2024.

March 23rd

None yet

March 24th

Polygon Miden will launch its Builder testnet on March 24

Odaily Planet Daily reported that Polygon Miden, an Ethereum-compatible solution based on zk-STARK, will launch its Builder testnet on March 24.

Others (specific time to be determined)

Kryptanium Capital co-founder: As investors take profits on BTC, the alt season may start next week

Odaily Planet Daily News Daniel Yan, co-founder of Kryptanium Capital, posted on social media that he personally believes that the altcoin season will arrive after Bitcoin clearly breaks through ATH.

Daniel Yan said that the logic of the last bull market copycat season is that the BTC halving narrative coupled with institutional capital inflows drove the continued rise in BTC prices before the halving. But after the halving, traders took profits on the halving trade, with funds flowing into altcoins with more potential upside. This is similar to the current cycle, which is driven by ETF inflows and the same bull market driven by institutional demand. For most altcoins, ATH is still far away, which can be psychologically attractive to investors. And Bitcoin’s ATH confirms that we are indeed in the midst of a bull market and people’s greed is going crazy.

However, Daniel Yan also reminded investors to be wary of short-term bull market traps. Bitcoin’s weekly closing price needs to be higher than $70,000 to confirm a breakthrough.