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1. Hot topics: PUMP, DOGE, POLYMARKET; 2. Biggest rises and falls: $NEIRO, $DEEP, $VIRTUAL; 3. On-chain fund movement: $11.9M flows into Solana, $29.6M flows out of Ethereum; 4. Top news: Solana ecosystem DEX Jupiter TVL hits a record high
No one really knows how much yield and staking income Ethena has received from its $2.6 billion user fund, or whether it has flowed all of it to SUSDe holders.
The cryptocurrency market is preparing for large amounts of token unlocks in many altcoins in the new week.
MyShell creates an open AI consumption ecosystem by combining AI, cryptocurrency and creator economy.
Share link:In this post: Michael Bouhanna, Sotheby’s VP, launched his own meme coin, BAN, after losing money on other meme coins, using insider wallets to make over $1 million. Bouhanna openly shared his wallet address before deleting it, revealing his link to BAN’s creation and insider buys for profit. His setup included multiple wallets funded from a single source, allowing him to control and trade under the radar.
Share link:In this post: Bitcoin dominance hit 59.75% this week as BTC pushes higher, while Ethereum struggles against it, dropping to a new low on the ETH/BTC pair. Institutional interest in Bitcoin is strong, with $997.7 million flowing into BTC ETFs, its third straight week of inflows. Tether’s USDT faced volatility after reports of a U.S. government investigation, briefly dipping below its peg before recovering slightly.
- 13:57Ethereum Developers Finalize Fusaka Upgrade Scope Again, Now Covering 12 EIPsOdaily Planet Daily News: Meeting minutes show that the 214th Ethereum Execution Layer Core Developer Meeting (ACDE) revisited decisions made in the previous session and agreed to keep the final scope of the Fusaka upgrade largely unchanged, with the addition of one extra EIP, namely EIP-7939. Developers agreed to include the following 12 EIPs in the Fusaka upgrade: EIP-7594 (PeerDAS - Peer Data Availability Sampling), EIP-7823 (Setting an upper limit for MODEXP), EIP-7825 (Transaction Gas Limit), EIP-7883 (Increased ModExp Gas Cost), EIP-7892 (Blob-Only Parameter Hard Fork), EIP-7917 (Deterministic Proposer Lookahead), EIP-7918 (Blob Base Fee Limited by Execution Cost), EIP-7935 (Set Default Gas Limit to XX0M), EIP-7951 (Precompile for secp256r1 Curve Support), EIP-7907 (Metering Contract Code Size and Increasing Limit), EIP-7934 (RLP Execution Block Size Limit), and [New] EIP-7939 (New Opcode for Counting Leading Zeros). Developers adjusted some EIP implementation details: the EIP-7907 contract code size limit was reduced from 256KB to 48KB; the blob base fee parameter in EIP-7918 was changed from 2^14 to 2^13; and the maximum blob count parameter was moved from EIP-7892 to EIP-7594. The meeting decided that if at least three consensus layer and three execution layer client teams are ready, the Fusaka Devnet 2 testnet will be launched on June 23. Developers also discussed two new proposals for the Glamsterdam upgrade, but due to insufficient test data, some parameter adjustments will be postponed to the Devnet 3 phase.
- 13:56Federal Reserve Governor Waller Sends Clear Dovish Signal: Supports Rate Cut in JulyAccording to ChainCatcher, citing Jinshi News, Federal Reserve Governor Waller recently stated that he supports the idea of considering an interest rate cut in July and believes that tariffs will not lead to sustained inflation. He noted that tariffs are a one-off factor and that the Fed should not wait until the job market collapses before cutting rates. Waller said that the current job market is stable, but some signs are emerging, such as a higher unemployment rate among recent graduates. For the past six months, the Fed has been on the sidelines, waiting for an inflation shock. Waller believes the Fed has room to lower interest rates and then observe what happens with inflation. He indicated that the earliest the Fed could be in a position to cut rates is July. Before Waller made these remarks, the market had only priced in a 14% chance of a Fed rate cut in July.
- 13:56Data: $130 million in liquidations across the network in the past 24 hours, with $56.013 million in long positions and $74.363 million in short positions liquidatedAccording to ChainCatcher, citing data from Coinglass, total liquidations across the network reached $130 million in the past 24 hours, with long positions accounting for $56.013 million and short positions for $74.363 million. Specifically, Bitcoin long liquidations amounted to $6.5449 million, while Bitcoin short liquidations reached $22.3777 million. For Ethereum, long liquidations totaled $10.5921 million, and short liquidations were $20.2836 million.