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The stablecoin supercycle is upon us.
Dogecoin’s ETF ambitions gain traction under pro-crypto SEC leadership, while Fed policy and inflation concerns continue to sway sentiment.
Vine, OSAK, and MEOW demonstrate varied performances in the volatile meme coin market. VINE and OSAK show strong recovery potential, while MEOW faces hurdles in regaining lost ground after its recent decline. Investors should monitor these tokens for further opportunities.
FARTCOIN has soared 39% in the past 24 hours, marking a two-month high, driven by rising demand and bullish technical signals. If momentum holds, the meme coin could soon hit $1.
Whales bought 874 billion Shiba Inu (SHIB) tokens during last week's dip as opportunistic buyers seem to be entering the scene.
A group of Kraken ex-employees bought a public company that will build a Solana (SOL) treasury.
- 18:14Bitcoin Strategy Validated by New Competitor Could Boost Stock PriceTD Cowen analysts believe that the establishment of Twenty One is a significant endorsement of Michael Saylor's Bitcoin investment strategy. The founding of this company could turn skeptical institutional investors into believers and enhance confidence in Saylor's investment approach. This may lead to increased demand for BTC, thereby reducing the cost of capital pressure on MSTR and attracting more capital into the Bitcoin market.
- 18:14Hammack of the Federal Reserve: With Clear Data, the Fed May Take Action in JuneJinse reports that Cleveland Federal Reserve Bank President Beth Hammack ruled out the possibility of a rate cut in May but indicated that if there is clear evidence of economic direction, the central bank might take action as early as June. "If by June we have clear and compelling data, and we know precisely what action direction should be taken, then I believe the committee will take action," Hammack said in an interview on Thursday.
- 17:52A whale moved 27,411 SOL worth about $4.11 million from Kraken after 2 months of inactivityAccording to Onchain Lens monitoring, a whale extracted 27,411 SOL from a centralized exchange two hours ago after being inactive for 2 months, valued at $4.11 million. The wallet currently holds 97,881.45 SOL. This amount is valued at $14.7 million.