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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.
- 18:51Spot gold's intraday gains expand to 1%, priced at $3,349.74 per ounceJinse reports that spot gold's intraday gains have expanded to 1%, priced at $3,349.74 per ounce.
- 18:37Standard Chartered Bank Predicts Bitcoin Will Rise to $120,000 in the Second Quarter, Maintains Year-End Target of $200,000According to The Block, Geoffrey Kendrick, Head of Global Digital Asset Research at Standard Chartered Bank, predicts that Bitcoin will reach a new high of approximately $120,000 in the second quarter, mainly driven by U.S. asset reallocation. Kendrick states that now is the best time to buy Bitcoin and maintains his target of $200,000 by the end of 2025. He points out that several indicators support the next upward trend for Bitcoin, including the U.S. Treasury term premium reaching its highest point in 12 years and signs that U.S. investors may be seeking non-U.S. assets. Additionally, whale investors holding over 1,000 Bitcoins have continued accumulating during the market decline caused by tariffs and the subsequent rebound related to risks to the Fed's independence, highlighting the importance of this period for Bitcoin's next move. The current Bitcoin price is about $95,500, with an all-time high of $108,786 on January 20, 2025. With growing institutional interest and potential passage of U.S. stablecoin legislation, Bitcoin's rise may continue into the summer.
- 18:36Total Bitcoin Futures Open Interest Rises to $63.24 BillionAccording to Coinglass data, the total open interest in Bitcoin futures contracts across the network is 674,790 BTC (approximately $63.24 billion). Among these, CME Bitcoin contracts have an open interest of 147,110 BTC (approximately $13.78 billion), ranking first; CEX Bitcoin contracts have an open interest of 115,730 BTC (approximately $10.85 billion), ranking second.