Odaily Planet Daily News: US stocks opened with the three major indices close to flat. GameStop opened with a 15% drop, and AMC Theaters opened with an 8% drop. (Jin10)

DOGE derivatives trading soared 111% as un Close Position volume soared, but what about the price? DOGE'S LONGEST INDICATORS HAVE TURNED BULLISH IN THE PAST FEW DAYS, INDICATING INCREASED INVESTOR INTEREST. This ranges from memecoin's daily derivatives trading volume to a significant increase in its un Close Position contracts. HOWEVER, DURING THIS PERIOD, THE PRICE OF DOGE REMAINED WEAK, RAISING CONCERNS AMONG INVESTORS. ONE OF THE MAIN INDICATORS OF DOGE'S RECENT SIGNIFICANT RISE IS ITS DERIVATIVES TRADING VOLUME. This trend began on Monday, when derivatives trading volume rises by 60%. However, DOGE traders seem to be far from done, as the volume has almost doubled since then. According to the data, DOGE derivatives trading volume rise 111% on the last day alone. That brought derivatives trading volume to $3.85 billion, up sharply from Monday's $1.99 billion. However, derivatives trading volume is not the only factor that has risen during this period. As the data shows, DOGE Close Position contracts also rise significantly during this period. It pumped about 12% on the last day to more than $830 million. Despite the increase in close position in Doge, there is still a long way to go from the all-time high of $1.91 billion recorded on March 29. As a result, the current Close Position of $830 million is down more than 50% from its all-time high. Time is high. At the same time, the price of DOGEE is still struggling, showing a disconnect between the upward pump of the indicator and the price of the memecoin. DESPITE GAINING MOMENTUM, THE PRICE OF DOGE HAS REMAINED SUBDUED DURING THIS PERIOD. The total daily volume of Meme coins pumped by 128% on the last day. However, even in the memecoin boom sparked by the GameStop (GME) 100% pump, its price barely pump 4%. The price of DOGEE has barely changed during this period, and the resistance level of $0.15 is strengthening. This suggests that during the memecoin boom, the focus was no longer on Dogecoin, but on new peers, such as Solana-based GME and AMC, which had an incredible Rebound on the final day. The current DOGE price trend is $0.49 with a pump of 3.48% on the last day. However, on the longer time frame, the meme coin falls 5.79% and 4% on the weekly and monthly charts, respectively. (Source: Scott Matherson)

The Golden Finance reported that the three major U.S. stock indexes collectively rose, with the Dow Jones rising 0.32%, the Nasdaq rising 0.75%, and the S&P 500 rising 0.48%. Popular technology stocks rose across the board, with Tesla up more than 3% and Nvidia up more than 1%. WSB concept stocks soared, with GameStop up more than 62% and AMC Theatres up more than 32%. The one-day increase of GameStop exceeds the annual increase of Bitcoin.

U.S. stocks closed Tuesday, with the Dow preliminarily closing pump 125 points or 0.32%, the S&P 500 pump 0.48%, and the Nasdaq pump 0.75%. Alibaba (BABA.N) closed fall 6% after the results, WSB concept stocks continued to big pump, Game Station (GME.N) pump 62%, closed pump 74% yesterday, and AMC Cinemas (AMC.N) pump 32%.

Gold Finance reported that the US stock market opened basically flat, with the Dow Jones rising 0.01%, the Nasdaq rising 0.02%, and the S&P 500 index falling 0.03%. The popular concept stocks on WSB soared, with GameStop rising over 110%, AMC Theatres rising over 129%, and BlackBerry rising 23%.

Golden Finance reported that the pre-market gains of WSB concept stocks in the US stock market have expanded, with GameStop (GME.N) rising more than 90% and AMC Theaters (AMC.N) rising more than 80%.

GameStop (GME.N) rose 38% in pre-market trading. According to market data, GameStop (GME.N) rose 38% in pre-market trading, while AMC Theatres (AMC.N) rose 40% in pre-market trading.

GameStop stock rose nearly 75%, Meme season returns again? GameStop, the US video game retailer, saw its stock price rise by 74%, resulting in heavy losses for short sellers. According to data from analysis firm S3 Partners, hedge funds that shorted GameStop suffered estimated losses of $838 million based on market value. S3 Partners' Head of Predictive Analysis, Ihor Dusaniwsky, said that before today's trading, GameStop's "short squeeze" score had reached a perfect score of 100, and it is expected that there will be a large number of short positions covering. The sudden surge in GameStop's stock price seems to have been triggered by internet celebrity Roaring Kitty, who encouraged retail investors to buy GameStop in 2021, creating Wall Street history. Roaring Kitty posted on social platform X for the first time since 2021, posting a photo of a game player focusing on the game, implying that the "game" has begun. In the "Meme Coin" frenzy of 2021, retail investors who concentrated on going long were countered by bearish hedge funds, forcing short sellers to cover their positions and driving up the stock prices of these companies. Currently, more than 24% of GameStop's freely tradable shares are being shorted. According to S3 data, short sellers who have been shorting GameStop since May alone have incurred losses of $1.24 billion. Dusaniwsky pointed out that buy orders related to short squeezing would drive up GameStop's stock price, but he expects new short sellers to enter the market around $30 to short. He warned that short sellers on these stocks may experience a "turbulent and bloody" market. In addition to GameStop, other meme stocks such as AMC and Reddit also experienced significant gains on Monday, with AMC rising 15% and Reddit rising 9%. #DOGE##PEPE##WIF##MANEKI##POPCAT#

According to Farside Investors, the net outflow of Hong Kong virtual asset spot ETF on May 10th reached $6.3 million. In addition, today (May 13th), Huaxia (AMC) virtual asset spot ETF saw a net outflow of 18.5 million USD, with Bitcoin ETF experiencing a net outflow of 15.5 million USD and Ethereum ETF experiencing a net outflow of 3 million USD.

Golden Finance reported that China AMC Fund executive Zhu Haokang said in a previous interview that the scale of Hong Kong ETFs on the first day of listing will exceed the scale of US ETFs on the first day. He remains confident in the ETF and the details will be announced tomorrow at 9:30 a.m. Contrary to Zhu's statement, on the first day of listing, the total volume of the ETF was HK$87.58 million, equivalent to US$12 million. This figure is significantly lower than the first-day volume of the U.S. Spot Bitcoin ETF (worth $4.6 billion). However, ETF analyst Eric Balchunas at Bloomberg asserted that this volume does not mark a failure for Hong Kong, given the size of Hong Kong's Crypto Assets market compared to the United States.

PANews reported on April 29 that according to Wu Shu, citing people familiar with the matter, the scale of Hong Kong Bitcoin and Ethereum Spot ETF issuance that will be sold tomorrow is expected to reach 200 million to 300 million US dollars, of which the number of ETH is small, but the total amount exceeds the US Bitcoin Spot ETF issuance of 125 million US dollars on the first day. Among them, Huaxia has invested a lot of distribution work in the IOP, while the major customers of Harvest and Bosera have not subscribed in the IOP stage, and there may be a large amount of capital to enter the follow-up. At current prices, the final market size of Hong Kong's Crypto Assets Spot ETF could reach at least US$2 billion to US$3 billion, far below the US market, but also higher than the US$500 million earlier estimated by US analysts, according to estimates by people familiar with the matter. Earlier, it was reported that China AMC expects that the initial offering size of Hong Kong Bitcoin Spot ETF will exceed that of the United States, that is, $125 million.

coin China AMC is about to launch the first batch of Hong Kong Bitcoin Spot ETF, and the issuance size is expected to exceed US$125 million, surpassing the first issuance scale of Bitcoin Spot ETF issuance in the United States. Zhu Haokang, head of the digital asset management department of ChinaAMC (Hong Kong), pointed out that unlike the United States, Hong Kong's Spot ETF allows cash and in-kind subscriptions or renewals. ChinaAMC features the availability of counters in USD, HKD and RMB coins, and is the only issuance of unlisted shares. The ETF has attracted significant interest from traditional encryption asset investors, Bitcoin Miner and family offices from regions such as Singapore and the Middle East. Analysts estimate that the Assets Under Management of Hong Kong's Spot Bitcoin and Ethereum ETF could reach US$1 billion as infrastructure and ecosystems improve.

coin Jiejie.com reports: Hong Kong Spot encryption ETF will make its debut tomorrow, and here are 6 things to watch: 1. Bitcoin futures and other Crypto Assets contracts are already traded on the Hong Kong exchanges. 2. All Hong Kong ETFs account for 0.6% of the US ETF market. 3. Hong Kong's Spot Crypto Assets ETF will have at least one distinctive feature that is significantly different from that of such products in the United States, namely the ETF redemption method. 4. Hong Kong's Spot Ethereum ETF is not the only such ETF launched globally. 5. Mainland Chinese investors will not be able to buy Hong Kong Bitcoin ETFs. 6. In terms of Assets Under Management, China AMC is the largest issuance. （Cointelegraph）

According to the Hong Kong media "Ming Pao", the three major Chinese-funded fund companies of China AMC Fund, Harvest International and Bosera Fund were approved by the Hong Kong Securities and Futures Commission this week for one Bitcoin and one Ether coin Spot ETF. According to the product summary, ChinaAMC's ETFs had the highest expense ratio of 1.99% for the year. The full-year expense ratios of Harvest and Bosera ETF were 1% and 0.85% respectively, which is still generally high compared to the Bitcoin Spot ETF issuance in the United States. It is understood that Huaxia's higher expense ratio partly reflects that the bank has purchased insurance with a total value of US$1 billion for the underlying assets, and the management fee charged by Huaxia issuance Bitcoin and Ether coin Spot ETF is capped at 0.99% of AUM, and the actual fee can be reduced to 0.65% internally. James Seyffart, an analyst at Bloomberg ETFs, believes that Harvest's six-month management fee waiver plus the lowest fee is likely to cause a fee reduction war for Hong Kong fund companies.

According to official information, AI Meta Club launched the global AMC ecosystem construction partner program this month, which is committed to strengthening brands, expanding applications, increasing token burning, and promoting the sustainable development of the AMC ecosystem. Partners play a key role in brand building and app development, working together to make AMC more widely known and promote global user awareness and engagement. In order to encourage ecological applications and user participation, the ecosystem has formulated an incentive policy, and 10% of the token burned amount is used as an ecological reward. This mechanism strengthens the enthusiasm for participation while increasing the overall value of the AMC. The ecosystem partner recruitment program is a strategic initiative of AI Meta Club to jointly build a prosperous and healthy AMC ecosystem through multiple ecosystem cooperation, and contribute to the sustainable development of the digital economy.

According to official news, ShooterArena in version 1.0.4 of AMC Aggregation App launched the 5V5 function, bringing PVP (Player Battle) function to players. Players can invite friends to join the battle or compete for honors and rewards in intense battles with players from all over the world. The new PVP feature will bring more fun and challenge to AMC-ShooterArena's loyal players, and attract more gamers to join the AI Meta Club.

According to official news, the AMC club system was officially launched today to help global clubs expand their membership. The club system includes club creation, upgrades, member recruitment, club rewards, medal dividends and other functions. To meet the club's global development and market development. The AMC club system will make the game more interesting, unite like-minded people to communicate, learn, explore, enrich club activities, increase the value of the club, and will move forward in the spirit of DAO.

According to official news, the PC Beta version of AMC's shooting game "Shooter Arena" is officially launched today. In addition to the mobile terminal, the purpose of launching the PC version this time is to meet the experience of more professional players and improve the coverage of the game. The game is loved by players for its smooth shooting experience and exquisite graphics. After the PC version is launched, it will be easier for professional players to operate. AMC's development team stated that they will continue to optimize the game content based on player feedback, and strive to bring players a more perfect gaming experience.

According to official news, AI Meta Club ecological token AMC has burned more than 3 million through the casting of AMC EntryPass (AMCEP) and the purchase of in-game asset NFT. Only 7 days have passed since the last time 2 million were destroyed. AMC token is the application token of the entire ecology and the basis of ecological consensus, and AMCEP is the foundation of ecological economic construction. In the future ecological expansion and cooperation, this will be the dividend and source power of AMC. Behind such a rapid development is the support and efforts of various clubs around the world. The team will improve the product as soon as possible, boost the development of the club, adhere to the governance spirit of DAO, and provide a valuable platform for global explorers of AI and Metaverse.

On August 17th, according to official news, AI Meta Club (AMC) has officially joined the Asian Blockchain Game Alliance (ABGA) and obtained the status of a platinum member. As a global gathering of AI and Metaverse enthusiasts, the AI Meta Club has been committed to promoting the application of AIGC in the Metaverse. Joining ABGA is an important milestone for AMC. As a platinum member, AMC will enjoy more opportunities to participate in alliance activities, share experience and resources, and conduct in-depth cooperation with other members to jointly promote the application, innovation and development of AIGC and blockchain technology in the metaverse and game fields.

Jinse Finance reported that according to official news, the AMC aggregation APP was officially launched yesterday, and the Shooter Arena (hero battle) was launched for public beta. Users can experience the first Shooter Arena combined with AIGC. The game is a 3D PVP battle game, providing a highly entertaining shooting experience. Shooter Arena introduces the AI companion mode, and gradually improves, optimizes and updates the gameplay, creating a brand new battle feast for game lovers.