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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.
- 09:50Market Cap of Gold-Backed Cryptocurrencies Grows 6% in the Past Month as Interest in Digital Gold Assets RisesPANews reported on May 4, according to CoinDesk, that the minting of gold-backed cryptocurrencies reached its highest level in nearly three years over the past month, driving the overall market capitalization of such tokens up by 6% to $1.43 billion. Meanwhile, the monthly transfer volume of gold-backed cryptocurrencies increased by 77% to $1.27 billion, indicating a significant rise in interest in digital gold assets. The latest report from the World Gold Council shows that total gold demand in the first quarter of this year reached 1,206 tons, a 1% increase year-on-year, marking the strongest first-quarter growth since 2016. Analysts believe that ETF investors and some crypto users are seeking programmable and on-chain traceable hedging tools amid rising gold prices, leading to increased interest in gold-backed crypto assets.
- 09:43A whale sold 427,600 TRUMP 12 hours ago, incurring a loss of approximately $760,000PANews reported on May 4 that, according to The Data Nerd's monitoring, a certain whale sold 427,600 TRUMP tokens 12 hours ago, obtaining $4.9 million. Last week, he accumulated these tokens at an average entry price of $13.47, resulting in a loss of approximately $760,000 from this investment.
- 09:35Solana Domain Service SNS Hints at Possible AirdropOdaily Planet Daily News: Solana Name Service (SNS) posted on the X platform: "Every .sol domain holder will soon understand," along with an airdrop image featuring a parachute, hinting at a possible airdrop.