CEX popular currencies
CEX top 10 trading volume and 24-hour rise and fall:
BNB: 0.70%
BTC: 2.27%
ETH: 1.13%
SOL: 2.19%
KAITO: 24.01%
EOS: 17.95%
LAYER: -27.22%
DOGE: 3.61%
SUI: 5.14%
HIGH: 20.75%
24 H increase list (data source: OKX):
DUCK: 34.08%
ETHFI: 13.64%
PENGU: 13.48%
MOODENG: 13.47%
PIXEL: 12.73%
MERL: 12.40%
KAITO: 12.09%
GOAT: 11.89%
BCH: 10.97%
DEGEN: 10.65%
2. Top 5 popular memes on the chain (data source: GMGN ):
POPCAT
Fartcoin
mog/acc
KMNO
AGI
3. 24-hour hot search currencies
Mikami: Mikami is a meme coin issued by the famous Japanese artist Yua Mikami on the Solana chain on April 30, 2025. The total supply is 69 million, 50% of which is held by Yua Mikami and locked until 2069, 20% for pre-sale, 15% for liquidity, 10% for community building, and 5% for marketing. The pre-sale raised about 23,320.74 SOL within 72 hours. The project may combine fan economy and plan to launch fan interaction platforms, peripheral products and global fan meetings, etc., but there is no actual investment value and the risk is high. Mikami tokens have been traded on the chain, with a current price of $0.134, down about 54% from the pre-sale cost of $0.245, and a market value of about $9.65 million.
Headlines
Powell: Trumps call for rate cut wont affect Fed
Trump last month called Fed Chairman Jerome Powell a major loser for his refusal to immediately cut interest rates to cushion the blow of the trade war. When asked about Trumps demands at a news conference, Powell dismissed the president, saying such pressure really doesnt affect our work or what were going to do. Powell said the Fed is focused on economic data and its dual mandate.
As the number of pardon cases surges during Trumps second term, many crypto industry figures, including FTX founder Sam Bankman-Fried, Binance co-founder Zhao Changpeng (CZ), and early Bitcoin evangelist Roger Ver, are actively seeking pardons from the White House. Some people have fought for opportunities through donations, social media campaigns, and millions of dollars in legal fees. It was revealed that Roger Ver has hired lawyers and lobbyists who are close to Trump, and Sam Bankman-Frieds family has also hired lawyers in the Republican circle to submit pardon applications. Trump has pardoned or commuted the sentences of 1,600 people, exceeding the total number during his first term.
Opinion: Be cautious when signing transactions after Ethereum Pectra upgrade
Vladimir, a former Immunefi smart contract development engineer and security engineer, wrote on the X platform that with Ethereum’s Pectra upgrade, users only need to sign a message to fully withdraw their funds, so they must be extra careful when signing transactions.
Analysts: The Fed will show no intention to break the deadlock in the short term
U.S. Treasury and euro zone bond yields were little changed in early trading as investors stayed on the sidelines ahead of the Federal Reserve’s policy meeting. The Fed is expected to keep interest rates unchanged in its decision on Wednesday and is unlikely to signal a rate cut in the coming months due to recent strong U.S. economic data. “The Fed is expected to keep interest rates steady and signal no intention to break the deadlock anytime soon,” analysts at KBC Bank said in a note.
Regulatory trends
Democratic senators propose ban on presidents investing in or supporting crypto assets
After abruptly withdrawing support for the Senate’s first stablecoin regulation bill, Senate Democrats announced on Tuesday that they would introduce a new bill to ban federal officials and their families from issuing digital assets, a bill that directly targets the stablecoins and meme coins currently held by Trump and his family.
Sen. Jeff Merkley, a Democrat from Oregon who sponsored the bill, said, “Currently, anyone who wants to establish a relationship with the president can personally profit from the purchase of cryptocurrency owned or controlled by the president. This is an extremely corrupt practice that threatens our national security and erodes the public’s trust in government. We must end this corruption immediately.”
US Senators propose MEME Act to ban president and congressmen from issuing Meme coins
US Senator Chris Murphy posted on the X platform that he will propose the MEME Act to prohibit the president or members of Congress from issuing Meme coins. Murphy said that Trump Coin is the biggest corruption scandal in the history of the White House and said that he will work with Congressman Sam Liccardo to promote legislation to curb such behavior.
Arizona signs HB 2749 into law, creating first cryptocurrency reserve
According to Bitcoin Laws, Arizona Governor Hobbs has signed HB 2749 to formally establish the state’s first cryptocurrency reserve. The reserve will manage unclaimed crypto assets, airdrops, and staking rewards, but investment operations are not allowed.
Texas Strategic Bitcoin Reserve Bill Passes DOGE Committee, Enters Final Vote
According to Bitcoin Laws, Texas Strategic Bitcoin Reserve Bill SB 21 has passed the DOGE Committee without amendments. The bill no longer needs to be submitted to other committees for review and is expected to enter the final voting stage.
Industry News
Bitwise has submitted a listing application for the spot NEAR ETF to the US SEC
Digital asset manager Bitwise has filed for a spot NEAR ETF with the U.S. Securities and Exchange Commission, adding to the growing list of alternative coins currently vying for regulatory approval.
Bitwise Near Bitwise’s registration statement on May 6 showed that the ETF will track the price movements of NEAR tokens through traditional brokers and deduct fees. Bitwise designated Coinbase Custody as the custodian of the Bitwise NEAR ETF. The management fee, stock code and listing exchange of the Bitwise NEAR ETF have not yet been determined.
Bitcoin dominance surges to 4-year high ahead of FOMC, analysts warn of potential volatility
Before the Federal Open Market Committee (FOMC) meeting, Bitcoin (BTC) dominance broke through 65%, hitting a new high since January 2021, indicating a strong risk aversion sentiment among funds.
Analyst Joel Kruger believes that the market is waiting for key catalysts such as the FOMC resolution. Vetle Lunde, head of research at K 33, predicts that given Bitcoins recent extremely low volatility, significant price fluctuations may occur after the FOMC meeting. He pointed out that the current negative perpetual contract funding rate may provide investors with buying opportunities.
U.S. Senator Elizabeth Warren said on the X platform, “Trump has used his stablecoin to reach a $2 billion deal with a suspicious fund in the UAE. The Senate will vote on the GENIUS Act, a crypto bill that will make it easier for the president to commit fraud. If we don’t solve this problem, no senator should vote for it.”
Project News
Binance postpones Movement (MOVE) HODLer airdrop
According to the official announcement, based on the latest developments related to the Movement project, Binance has decided to postpone the MOVE HODLer airdrop until the results of the project-related investigation become clearer. During this period, the MOVE tokens used for the HODLer airdrop will be temporarily stored in the following public wallets for users to access and ensure community visibility and transparency.
Previously, Binance had planned to launch an additional HODLer airdrop program (5% of the token’s maximum supply) six months after MOVE was listed for trading.
Ethereum Foundation co-executive directors launch venture capital firm Lantern Capital
Tomasz Stańczak, co-executive director of the Ethereum Foundation, announced on the X platform that he has established an early-stage venture capital firm Lantern Capital with Gökhan and Nethermind. He will join Lantern Capital as a general partner of the investment committee on behalf of Nethermind. Lantern Capital will support founders in creating the next wave of applications and experiences that allow AI systems to interact effectively with blockchains, with a focus on achieving secure and verifiable coordination, including enhanced agent experience (AX) and ensuring that the underlying infrastructure can reliably support these more dynamic use cases.
WLFI launches Snapshot proposal, plans to airdrop USD 1 stablecoin to WLFI holders
According to the official announcement of World Liberty Financial, it has launched the Snapshot proposal to test the on-chain airdrop function and issue a small amount of USD 1 stablecoin to all eligible WLFI holders to verify the actual operation of the airdrop system and give back to early supporters. The airdrop will be funded by WLFI and executed through the Ethereum mainnet. The specific amount and eligibility criteria will be announced later. The voting is now open and will end on May 14. The voting page shows a 100% support rate.
Binance Alpha reaches 142 points and will receive Polyhedra Network (ZKJ) airdrop
According to official news, Binance Alpha points reaching 142 points will receive the Polyhedra Network (ZKJ) airdrop, and Alpha points between 64 points (inclusive) and 141 points (inclusive) and Binance account UID ending with 2 will receive the lucky airdrop.
Humanity Protocol is now available on the Beta testnet
The blockchain identity authentication platform Humanity Protocol stated on the social platform that it has officially launched the Beta version of the test network, adding new features such as dashboard, HP points, and social credentials.
Strike launches Bitcoin mortgage loan service with minimum loan amount of $75,000
Strike, a Bitcoin Lightning Network payment application founded by Jack Mallers, announced the official launch of the crypto loan service Strike Lending. The service is aimed at individual and corporate users. It is initially only available in certain areas of the United States and will be expanded to the world in the future. Users can use Bitcoin as collateral to obtain cash without selling their positions. The loan period is 12 months, the amount ranges from US$75,000 to US$2 million, the annual interest rate is at least 12%, and there are no loan origination fees and early repayment fees, and credit scores are not affected. Strike emphasizes that its loans are supported by vetted capital providers, and the assets will be held in custody by partner institutions during the loan period. The platform always bears legal responsibility for user assets.
Report: Insider trading before MELANIA launch, profit of about $100 million
A group of cryptocurrency traders made around $100 million by buying $2.6 million worth of the memecoin before Melania Trump publicly launched it on January 19. After Trump announced the memecoin, its price surged 550% from around $2.00 to $12.95. Traders sold their holdings within 12 hours.
The report states that 24 accounts purchased the total planned issuance of 16.7 million MELANIA tokens, and within 42 seconds of the release, another 22 accounts purchased tokens worth $900,000.
Both the MELANIA token and Donald Trump’s TRUMP token have come under scrutiny from lawmakers for potential conflicts of interest and corruption. Both tokens have seen significant price drops since their launch in January, with the MELANIA token priced at $0.31 and the TRUMP token at $10.90 at press time.
Investment and Financing
David Bailey, who served as Donald Trumps cryptocurrency policy adviser during his 2024 campaign, is raising $300 million to set up a publicly traded Bitcoin investment firm, trying to replicate the success of Michael Saylors Strategy, which has transformed into a Bitcoin investment firm and is raising funds through private placement of new shares and convertible bonds, according to people familiar with the matter.
Fuze, a digital asset infrastructure platform, announced the completion of a $12.2 million Series A funding round, led by Galaxy, with participation from ecapital and Further Ventures. Fuzes current white label solution enables organizations to easily offer digital assets such as stablecoins, cryptocurrencies, central bank digital currencies (CBDCs), and tokenized assets. The new funds will enable it to expand its corporate customer base and service scope in the Middle East and North Africa.
Character Voice
CZ proposes to reduce BSC gas fees
Binance founder CZ published a post on X proposing to reduce the gas fee of BSC by 3 times or 10 times.
Wonderland founder: Jeffy Yu faked suicide, but is still alive
Crypto KOL, Wonderland founder Daniele posted that Jeffy Yu, the developer of the Zerebro project, faked his own death. Funeral websites, obituaries, and eulogies appeared one after another, and the entire crypto community mourned for him. But now, there is solid evidence that he is still alive.
Daniele published a letter, which showed that this was a carefully planned pseudo-death exit plan. The founder of Zerebro admitted in the letter that this was the only way out to avoid a sharp drop in the projects coin price. This incident is considered to be the first pseudo-death exit strategy in the history of cryptocurrency.
Rich Dad Poor Dad author: Bitcoin is better than gold and silver because it has a limited supply
Robert Kiyosaki, author of Rich Dad Poor Dad, wrote on the X platform that an important reason to trust Bitcoin is that its total amount is constant, and there will always be only 21 million coins.
He pointed out that he owns gold mines, silver mines and oil wells, and when the price of gold, silver or oil rises, he can expand the supply by mining more. However, the supply of Bitcoin cannot be increased, and 21 million is the upper limit. Therefore, he believes that Bitcoin is a better asset than gold and silver.
U.S. Treasury Secretary Bessant: Digital assets will demand up to $2 trillion for U.S. Treasuries
U.S. Treasury Secretary Bessant said that digital assets will demand as much as $2 trillion for U.S. Treasuries.
