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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.
- 15:06Tether CEO Releases Collection of USDT Use Cases: Involving Stable Dollar Savings, DeFi Lending, and 22 Other ItemsTether CEO Paolo Ardoino shared a collection of 22 use cases for the USDT stablecoin on the X platform, including: stable dollar savings, instant payments for freelancers, fast and low-cost remittances, inflation hedging, cryptocurrency exchange trading, global vendor payments, e-commerce payments, DeFi lending, stablecoin crowdfunding, holding dollars without a bank account, paying remote teams, international shopping, banking services for the unbanked, paying for mobile and utility bills, investing in tokenized assets, paying for privacy tools, microloans and P2P lending, accessing global markets, cross-border business settlements, storing emergency savings, online tipping for creators, and instant donations to disaster areas.
- 14:53Overview of Important Developments on the Evening of May 31. U.S. congressman suggests installing crypto ATMs in federal buildings 2. Bitdeer: Total Bitcoin holdings have increased to approximately 1,245 3. EU to fully ban anonymous crypto accounts and privacy coin transactions starting 2027 4. ZachXBT: $7 million frozen in $330 million BTC theft case 5. Circle: Considering registering a federal or state-level trust charter, or obtaining other non-bank licenses 6. Bank of America: "Willing" to issue stablecoins if U.S. Congress enacts relevant legislation
- 14:52A trader bought 3.79 million POPE an hour ago, sold due to FOMO, losing nearly $160,000According to OnchainLens monitoring, a trader bought 3.79 million POPE tokens an hour ago, spending approximately 608,900 USDC. Due to FOMO, they sold them and only received 449,600 USDC, resulting in a loss of 159,300 USD.