1. CEX Popular Cryptocurrencies
CEX Top 10 Trading Volume and 24-Hour Price Changes:
BTC: - 1.14%
ETH: - 0.81%
SOL: - 2.17%
XRP: - 1.37%
BNB: - 0.19%
PEPE: - 3.59%
Doge: - 1.58%
SUI: - 2.54%
TRX: - 3.83%
ADA: - 2.41%
24H Gainers List (Data Source: OKX):
KAIA: + 14.96%
ZBCN: + 14.08%
GALFT: + 11.85%
RVN: + 7.62%
ARG: + 6.55%
BORA: + 6.24%
SWFTC: + 5.17%
A: + 4.26%
DEP: + 3.51%
POL: + 3.17%
2. 24H Hot Search Cryptocurrencies
Resolv (RESOLV): New project on Binance, interest-bearing stablecoin protocol.
Headline News
Plasma Will Reopen $500 Million Deposit Limit, Raising Total Limit to $1 Billion
Stablecoin project Plasma announced that it will reopen a $500 million deposit limit at 9 AM Beijing time, raising the total limit to $1 billion. Deposits will earn yields on Aave and Maker through Veda's audited vault contracts. All assets will be converted to USDT after the lock-up period ends. Plasma previously received strategic investment from Peter Thiel's Founders Fund and announced completing $24 million in financing in February (including $20 million in Series A and $4 million in seed round), led by Framework Ventures, with participation from cryptocurrency exchange Bitfinex, venture capitalist Peter Thiel, and Tether CEO Paolo Ardoino.
[The translation continues in the same manner for the rest of the text]Regarding the community's concern about "whether small HUMA staking users can participate," Huma Finance co-founder Richard Liu responded on X platform: "Small users can definitely participate. The design considers many aspects to facilitate general user participation, such as: 1. HUMA staking has no lower limit, with the minimum liquidity provision requirement being only 1 U; 2. Vanguard (Odaily note: This role aims to incentivize early HUMA stakers. Users who stake 100% of their airdrop or at least 100,000 HUMA before June 15 and maintain it for 6 months can receive a 1.2x reward bonus) has the same requirements for all airdrop recipients: stake 100% of the received tokens. A user who received 1,000 HUMA airdrop might find it easier to make this decision compared to someone who received 1,000,000 HUMA airdrop; 3. Maintaining Vanguard status: If you don't have 10,000 coins, you can still stake 100% of the airdrop, even if it's just 100 coins; 4. Maintaining OG LP status (Odaily note: Users who previously participated in Huma Institutional and currently maintain at least $100 liquidity in Huma products will receive a 1.2x fixed bonus): continue investing 100 U, the previous pool's minimum threshold; 5. No lower limit for airdrops: Users can receive airdrops even if their points can only exchange for 1 coin.
Fragmetric will launch 10,000 NFTs at a minting price of 1 SOL and allocate 0.75% of tokens to them
Solana ecosystem's re-staking project Fragmetric will launch 10,000 NFTs on MagicEden next week, with a minting price of 1 SOL. Fragmetric will allocate 0.75% of tokens to the NFT holders.
Investment
OneBalance Completes $20 Million Series A Funding, Led by Cyber Fund
Cross-chain infrastructure development company OneBalance announced the completion of a $20 million Series A funding round, led by Cyber Fund and Blockchain Capital, with participation from Mirana Ventures and L2 IV. To date, its total funding has reached $25 million. OneBalance aims to enhance Web3 product user experience through its cross-chain integration product Toolkit, which allows developers to enable seamless cross-chain transactions for users (such as asset transfers or yield generation) without users needing to monitor cross-chain bridges or gas fees.
Solana Optimistic Network Completes $5 Million Strategic Funding, with Jump Crypto Participating
Solana Optimistic Network (SOON) announced the completion of a $5 million strategic funding round, with participation from angel investors including Jump Crypto, Amber Group, Nana Murugesan from zkSync, Mark Hull (co-founder of Kamino Finance), Chris Hermida (founder of Switchboard), and Tori Cohen from Wormhole.
Blockchain financial infrastructure startup CloudTech has completed a $14 million Series A funding round, with $11 million raised in Bitcoin and USDT. The funds will be used to launch an institutional-grade custody solution for digital assets and expand the broader crypto-native financial ecosystem. This round of funding came from multiple undisclosed investors.
People & Voices
Trump Responds to Musk's Apology: I Think It's Very Good That He Could Do That
When asked about Musk's apology, Trump said he thinks it's very good that he could do that. (Jinshi)
Bank of America CEO: Willing to Launch Stablecoin with Partners
The Bank of America CEO stated that he is willing to launch their own stablecoin with partners, with stablecoin trading volume primarily concentrated between cryptocurrency exchanges.
Greeks.live: Some Traders Shift to Buying Bitcoin Put Options for Protection
Greeks.live's community newsletter indicates that some traders have shifted to buying Bitcoin put options for protection. Bears dominate, with the market's main disagreement seemingly centered on whether Bitcoin can reach the $120,000 target, with some considering it "impossible" and others hoping to reach this level before a significant pullback. Additionally, traders are closely watching the $90,000 level, viewing it as a potential retest price low.
K 33: BTC Traders Remain Cautious, ETH Leverage Bets Surge
Vetle Lunde, research director at K 33, stated that despite Bitcoin hovering near historical highs, market sentiment remains very cautious. Traders currently lack risk appetite, and Bitcoin financing rates and leverage indicators across platforms show continued defensiveness. Binance's BTC/USDT perpetual contract had negative average daily financing rates on Friday and Sunday, with a weekly financing rate of only 1.3% annually. Historically, Bitcoin does not top out during periods of negative financing rates; instead, such positions often signal further potential upside.
