1. Popular currencies on CEX
CEX top 10 trading volume and 24-hour rise and fall:
BTC: +1.42%
ETH: +4.57%
SOL: +1.12%
XRP: +0.44%
PEPE: +1.51%
DOGE: +1.48%
SUI: +2.19%
NEIRO: -2.34%
BNB: +1.10%
TRUMP: +0.31%
24 H increase list (data source: OKX):
FXS: +7.02%
CRV: +5.47%
PENDLE: +4.78%
AAVE: +4.77%
CSPR: +4.14%
CTXC: +3.92%
PEOPLE: +3.56%
CVX: +3.03%
BADGER: +2.62%
SNX: +2.23%
2. Top 5 popular memes on the chain (data source: GMGN ):
PIPE
FoxMcCloud
PRIZE
SERHOU
PADDI
3. 24-hour hot search currencies
Neiro (NEIRO): A Shiba Inu-themed meme coin inspired by Neiro, the successor of the late Dogecoin mascot Kabosu, which aims to inherit the community spirit of Dogecoin and emphasize the concept of decentralization and community-driven.
Honey (HONEY): The native stablecoin of the Berachain blockchain, which adopts a multi-asset collateral mechanism and is soft-pegged to the US dollar. It aims to provide a stable and reliable medium of value exchange for its DeFi ecosystem, and achieve flexible asset support and minting rules through community governance. It has attracted attention in the past 24 hours due to redemption risks.
Headlines
Circle, the issuer of stablecoin USDC, is still pushing forward its IPO plan with a target valuation of at least $5 billion. At the same time, the company is also in informal talks with Ripple and Coinbase about potential acquisitions. Previously, Ripple had offered $4-5 billion to acquire Circle but was rejected. If the acquisition is successful, Ripple may pay in cash and XRP, while Coinbase may pay in cash and stock. Circle submitted its IPO application on April 1, but later said it might be postponed due to economic uncertainty.
The U.S. Senate passed a procedural motion, and the GENIUS Act entered the formal review stage
According to reporter Eleanor Terrett, the U.S. Senate voted to pass the cloture motion to formally review the GENIUS Act. At least 15 Democratic members changed their positions and voted in favor, including Cortez Masto, Adam Schiff, Mark Warner and others. Although Minority Leader Schumer voted against it, the motion was successfully passed. The bill will now enter the full review process.
The U.S. Securities and Exchange Commission (SEC) announced on Monday that it would postpone its decision on multiple spot Solana ETF applications submitted by 21 Shares, Bitwise, VanEck, and Canary Capital. The SEC said in a regulatory filing that it needed more time to digest the legal and policy issues related to these applications.
Industry News
Kashkari said the economic situation was good at the beginning of the year, but there is currently huge uncertainty, so companies are postponing investment; the time for resolving the tariff issue is still unknown.
Strategy increased its holdings by 7,390 Bitcoins at an average price of $103,498
Strategy purchased 7,390 bitcoins between May 12 and May 18, at an average value of $103,498 (total: $764.9 million).
Project News
SOON: Token airdrop query is now online
SOON announced on the X platform that the token airdrop query is now online. In addition, SOON CEO Joanna Zeng said that this is just the beginning, and with the upcoming launch of OKX Early Access, users will have more opportunities to earn SOON tokens.
Sahara AI announces that SIWA public testnet will be launched tomorrow
Sahara AI announced on the X platform that its SIWA Testnet will be officially launched tomorrow, and a rich AMA event will be held simultaneously. It is reported that SIWA Testnet is the last testing phase before the launch of Sahara AI mainnet, which aims to promote on-chain management, licensing and ownership registration of AI assets, and use NFT to ensure asset traceability and clear ownership. Previously, Sahara AI has completed a $43 million Series A financing led by Pantera Capital, Binance Labs and others. Sahara AI is a decentralized AI blockchain platform dedicated to providing a safe and fair collaborative economic model for AI assets through blockchain technology.
Anza, a development studio spun out of Solana Labs, has announced what they call the “biggest change to the Solana core protocol ever.” According to the announcement, the high-throughput Layer 1 blockchain will feature a completely redesigned underlying architecture called Alpenglow.
“We believe the launch of Alpenglow will be a turning point for Solana,” Anza’s Quentin Kniep, Kobi Sliwinski, and Roger Wattenhofer wrote in a white paper released Monday. “Alpenglow is not only a new consensus protocol, but also the biggest change to the Solana core protocol ever.”
The upgrade will replace Solana’s existing TowerBFT proof-of-stake consensus mechanism and proof-of-history timestamp system with new components called Votor and Rotor.
Berachain co-founder Smokey The Bera wrote on X: It has been noted that some members of the APAC community are concerned about the risk of HONEY collateral. HONEY is fully managed in the vault address visible on Honey, and now the collateral is mainly BYUSD (bridge version PYUSD). If someone wants to redeem it, they can bridge Eth and exchange it on the Curve pool, or send it to Coinbase/OKX/Bybit/Crypto.com/Kraken for redemption. We will do our best to make Berachain easier to do this in the future.
Investment and Financing
Revolut plans to invest $1 billion in France and apply for a crypto license
British crypto bank Revolut plans to invest $1 billion in France in the next three years and apply for a digital asset service provider (DASP) license from the French Financial Markets Authority (AMF). The company said the move is aimed at making France one of its key markets in Europe and expanding its local team in technology, products and compliance. Currently, Revolut has more than 3 million users in France and has opened a European technology center in Paris.
Character Voice
Arthur Hayes, co-founder of BitMEX, commented on the recent sharp fluctuations in the 10-year U.S. Treasury yield, saying, This move is not small, and the BBC (i.e. the bond trader community) has been alerted. If this volatility spreads to the MOVE index (the U.S. Treasury volatility index), it is expected to trigger immediate policy action. The latest data shows that the 10-year U.S. Treasury yield has risen to 4.5445%, a significant rebound in three days.
JPMorgan Chase CEO Dimon: We dont plan to custody cryptocurrencies
JPMorgan Chase (JPM.N) CEO Jamie Dimon: Blockchain is not as important as you think, and we do not intend to host cryptocurrencies.
Paul Atkins: The crypto market has long been in a state of SEC regulatory uncertainty
Paul Atkins, the new chairman of the U.S. Securities and Exchange Commission (SEC), said in a speech that the SEC will be more open to adapting to new developments in the crypto industry and will begin drafting relevant rule proposals to end the long-term regulatory uncertainty in the crypto market. He emphasized that the SEC should return to its roots of promoting innovation rather than suppressing it, and pointed out that the market is constantly innovating and regulators should not hinder its development. At the same time, U.S. lawmakers are considering a proposed legislation aimed at clarifying the responsibilities of the SEC and the Commodity Futures Trading Commission (CFTC) in regulating digital assets.
