1. Popular currencies on CEX
CEX top 10 trading volume and 24-hour rise and fall:
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 increase 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 currencies
Resolv (RESOLV): A new project on Binance, an interest-bearing stablecoin protocol.
Headlines
Plasma will open another $500 million deposit limit, raising the total limit to $1 billion
The stablecoin project Plasma announced that it will reopen the $500 million deposit limit at 9:00 a.m. Beijing time, raising the total limit to $1 billion. Deposits earn income on Aave and Maker through Vedas audited vault contracts. After the lock-up period, all assets will be converted to USDT. Plasma previously received strategic investment from Peter Thiels Founders Fund. In February this year, it announced the completion of $24 million in financing (US$20 million in Series A financing and US$4 million in seed financing), led by Framework Ventures, and participated by cryptocurrency trading platform Bitfinex, venture capitalist Peter Thiel and Tether CEO Paolo Ardoino.
The GENIUS Stablecoin Act has been voted through by the US Senate
The US Senate has voted to pass the GENIUS Act, more than a month after it was introduced, in a 68-30 vote. (Gokhshtein)
Recently, the X platform has frozen several crypto-related accounts, including Sha Po Lang (@Wolfy_XBT), Wang Xiao Er (@brc20 niubi), Wizard (@0x CryptoWizard), Gake (@Ga__ke), GMGN official account (@gmgnai) and its founder Haze (@haze 0x), etc. The reason for the freezing has not yet been determined. According to previous news, the ElizaOS official account (@elizaOS) and its founder Shaw (@shawmakesmagic) were also frozen.
Trump immigration gold card now open for registration, priced at $5 million
Trump posted on TruthSocial that the immigration gold card is now open for registration and costs $5 million. Earlier news, on February 26, Trump said that a plan was being launched to provide residency and naturalization to investors who paid $5 million, which provided a new path for legal immigration, while he was launching a comprehensive crackdown on undocumented immigrants. Trump said, This plan, called the gold card, does not require congressional approval, and will be priced at about $5 million for this card, which will give you green card privileges.
Industry News
F Street launches Bitcoin allocation plan, intends to purchase a total of $10 million in BTC
According to Bitcoin Magazine, alternative investment and private credit institution F Street announced that it has officially launched a Bitcoin asset allocation plan, with the goal of gradually accumulating $10 million worth of Bitcoin. Since June 9, the company has begun daily investments in BTC through business income and its own funds. F Street COO Mike Doney said that given Bitcoins potential in fighting inflation and the depreciation of the US dollar, the company has incorporated it into its financial system as a strategic move to protect the interests of investors.
GameStop plans to issue $1.75 billion in convertible senior notes in a private placement
GameStop announced that it plans to issue $1.75 billion in convertible senior notes privately. GameStop said the funds raised will be used for general corporate purposes, including investments and potential acquisitions in accordance with the companys investment policy.
BitFuFu plans to raise up to $150 million through stock offering
BitFuFu, a Bitcoin mining and cloud mining service provider, has launched a new ATM stock offering to raise up to $150 million. According to documents filed with the U.S. SEC, the company signed an ATM sales agreement with B Riley Securities, Cantor Fitzgerald, Northland Securities and Roth Capital Partners on June 10.
Project News
Sonic Labs: Plans to launch S airdrop season 2 on June 18
According to official news, the second season of the S token airdrop on Sonic will be launched on June 18. The new system introduces a more dynamic structure for users and applications, aiming to reward real and continuous participation in the entire Sonic ecosystem. It is reported that there will be no passive points in the second season, only activity points.
Ondo Finance Brings Tokenized Treasury Bonds to XRP Ledger via Stablecoin RLUSD
According to official news, Ondo Short-Term U.S. Government Bonds (OUSG) are now available to qualified purchasers on XRP Ledger, and seamless minting/redeem functions are achieved through RLUSD. For the first time, qualified purchasers can use Ripples enterprise-level stablecoin RLUSD to seamlessly subscribe and redeem OUSG on XRPL around the clock.
Ethereum developer Péter Szilágyi and Ethereum Foundation co-executive director Tomasz Stańczak have a dispute. Szilágyi said that as a key member of the development team of Geth (Go Ethereum, the main client software of Ethereum), the foundation has proposed several times in the past to bid $5 million to make the Geth team independent from the foundation, but Szilágyi and his team members rejected the proposal and chose to stay in the foundation. Earlier, the Ethereum Foundation provided $5 million in unconditional financial support to Parity (another Ethereum client development company) to ensure that the Ethereum network has multiple clients and reduce its dependence on Geth, which shows that the foundation has long intended to disperse the responsibility of client development.
In response to the communitys concern about whether small and scattered users can participate in HUMA staking, Richard Liu, co-founder of Huma Finance, responded on the X platform: Small users can definitely play. There are many considerations in the design to facilitate the participation of general users, such as: 1. There is no lower limit for HUMA staking, and the minimum requirement for providing liquidity is (only) 1 U; 2. Vanguard (Odaily Planet Daily Note: This role is designed to incentivize early HUMA stakers. Users must stake all their airdrops or at least 100,000 HUMA before June 15 and maintain it for 6 months to receive a 1.2x reward bonus) has the same requirements for all airdrops: staking 100% of the received tokens. Users who received 1,000 HUMA airdrops may be more likely to make this decision than users who received 1,000,000 HUMA airdrops; 3. Maintain Vanguard status: If you dont have 10,000 coins, just stake 100% You can receive the airdrop even if it is only 100 coins; 4. Maintain OG LP status (Odaily Planet Daily Note: OG LPs who have participated in Huma Institutional and currently maintain at least $100 in liquidity in Huma products will receive a fixed bonus of 1.2 times): continue to invest 100 U, the minimum limit of the previous pool; 5. There is no lower limit for airdrops: even if the users points can only be exchanged for 1 coin, they can still receive airdrops.
Solana ecosystem re-staking project Fragmetric will launch 10,000 NFTs on MagicEden next week. The minting price of the NFT is 1 SOL, and Fragmetric will distribute 0.75% of the tokens to the holders of the NFT.
Investment and Financing
OneBalance completes $20 million Series A financing, led by Cyber Fund and others
OneBalance, a cross-chain infrastructure development company, 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, bringing its total funding to $25 million. OneBalance aims to improve the user experience of Web3 products through its cross-chain integration product Toolkit, which allows developers to enable seamless cross-chain transactions for users (such as transferring assets or earning income) without requiring users to monitor cross-chain bridges or gas fees.
Solana Optimistic Network (SOON) announced the completion of a US$5 million strategic financing, with angel investors including Jump Crypto, Amber Group, zkSyncs Nana Murugesan, Kamino Finance co-founder Mark Hull, Switchboard founder Chris Hermida and Wormholes Tori Cohen participating in the investment.
CloudTech, a blockchain financial infrastructure startup, has completed a $14 million Series A funding round, of which $11 million was raised in the form of Bitcoin and stablecoin USDT. The funds will be used to launch institutional-grade custody solutions for digital assets and expand the broader crypto-native financial ecosystem. This round of financing came from multiple undisclosed investors.
Character*Voice
Trump responds to Musks apology: I think its great that he did that
When talking about Musks apology, Trump said, I think its very good that he did that. (Jinshi)
Bank of America CEO: Willing to launch stablecoin with partners
The CEO of Bank of America expressed his willingness to work with partners to launch our own stablecoin, and the trading volume of stablecoins is mainly concentrated in transactions between cryptocurrencies.
Greeks.live: Some traders have turned to buying Bitcoin put options for protection
Greeks.live released a community briefing stating that some traders have turned to buying Bitcoin put options for protection, short positions have dominated, and the main disagreement in the market seems to be focused on whether Bitcoin can reach the target of $120,000. Some people believe this is impossible, while others hope to reach this target before a major correction. In addition, traders are closely watching $90,000 and see it as a potential retest of price lows.
K 33: BTC traders remain cautious, ETH leveraged bets surge
Vetle Lunde, head of research at K 33, said that although Bitcoin hovered near its all-time high, market sentiment remained very cautious and traders currently lacked risk appetite. Bitcoin financing rates and leverage indicators on various platforms indicated their continued defensiveness. Binances BTC/USDT perpetual contract had a negative average daily financing rate on Friday and Sunday, while the weekly financing rate was only 1.3% annualized. Historically, Bitcoin does not peak during periods of negative financing rates; on the contrary, such positions often herald further increases.
