Gate Research Institute: The issuer of USDC, Circle, is advancing its IPO plans, and the second phase of the Babylon Genesis Mainnet is about to go live.

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Gate Research Institute Daily: On April 1, Bitcoin rose slightly by 0.07% to 83,010 USDT, while Ethereum fell by 0.30% to 1,835 USDT. Digital assets saw a net inflow of 226 million dollars in the past week, and altcoins ended five weeks of capital outflow. The stablecoin supply on the Tron chain increased by 1.21 billion over the past 7 days. The supply of Bitcoin on exchanges has dropped to 7.53%, the lowest since February 2018. The NFT trading platform X2Y2 announced it will cease operations. The second phase of the Babylon Genesis mainnet is about to launch. Circle is advancing its initial public offering (IPO) plan.

• Market Commentary: Bitcoin price increased by 0.07% to 83,010 USDT, while Ethereum price decreased by 0.30% to 1,835 USDT.
• Popular Tokens: The most popular altcoins in the last 24 hours are LGCT, MLN, VINE, up 88.18%, 39.25%, and 38.46%, respectively.
• Highlight Data: The supply of stablecoins on the Tron chain increased by 1.21 billion in the past 7 days; the supply of Bitcoin on exchanges has decreased to 7.53%.
• Hot Comments: The NFT trading platform X2Y2 has announced it will cease operations; Circle is advancing its Initial Public Offering (IPO) plan.
• Market Opportunity: Ambient aims to combine artificial intelligence technology to provide fast, low-cost, and open smart services. It has currently completed a seed round financing of $720,000, which will be used to build the next generation of decentralized AI applications.

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