1. Popular currencies on CEX
CEX top 10 trading volume and 24-hour rise and fall:
BTC: +2.93%
ETH: +2.22%
SOL: +3.75%
PEPE: +6.83%
DOGE: +6.59%
XRP: +2.22%
TRUMP: +1.69%
BNB: +3.96%
SUI: +2.82%
WIF: +16.46%
24 H increase list (data source: OKX):
GOG: +97.80%
PSTAKE: +84.87%
ZBCN: +22.96%
SATS: +22.19%
WIF: +16.27%
DAO: +13.61%
CORE: +13.19%
BOME: +13.00%
FOXY: +11.89%
ORDI: +11.72%
2. Top 5 popular memes on the chain (data source: GMGN ):
PIPE
ITRUMP
ASSETS
Fartcoin
PBJT
3. 24-hour hot search currencies
ORDI (ORDI): The first BRC-20 token issued on the Bitcoin network based on the Ordinals protocol, with a fixed total supply of 21 million, symbolizing innovative token experiments in the Bitcoin ecosystem, and ranked at the top of the 24-hour gain list.
SATS (SATS): The BRC-20 tokenized version of the smallest unit of Bitcoin, Satoshi, with a total of 210 trillion pieces. It is designed to pay tribute to Satoshi Nakamoto, the founder of Bitcoin. It is popular in the community due to its large holding base and meme attributes. It ranks at the top of the list of gains due to Bitcoins new high.
Headlines
Today marks the 14th anniversary of Bitcoin Pizza Day, with Bitcoin breaking $110,000 this morning, a new all-time high. Bitcoin Pizza Day is the day when the first commercial transaction of Bitcoin took place. On May 22, 2010, Florida programmer Laszlo Hanyecz bought two Papa John’s pizzas with 10,000 Bitcoins, worth about $40 at the time. 14 years later, that amount of Bitcoin has grown to nearly $1.1 billion.
The GENIUS Act has been voted through and is now in the process of amendment
According to crypto journalist Eleanor Terrett, the stablecoin GENIUS Act passed the debate motion with 69 votes in favor and 31 votes against, and entered the revision process.
Industry News
US SEC approves physical redemptions of BlackRock’s spot Ethereum ETF
On May 22, according to market news, the U.S. Securities and Exchange Commission approved the physical redemption of BlackRocks spot Ethereum ETF.
SEC Chairman Questioned at Congressional Hearing on Trump Meme Coin and Justin Suns Connection
SEC Chairman Paul Atkins was questioned at a congressional hearing on May 20 about his position on Trump-related memecoin and Sun Yuchens transactions. Congressman Ivey pointed out that Sun Yuchens company had purchased $30 million of World Liberty Financial tokens related to Trump, and he was an invited guest at the Presidents crypto dinner, raising concerns about potential conflicts of interest. Atkins responded that Suns case is still being processed, and the SEC currently believes that memecoin is not a security, and said it will promote transparent and rule-oriented crypto regulatory reforms. (The Block)
Project News
Market data shows that the stock MTPLF of Metaplanet, a Japanese listed company, rose 82.46% during the day and is now trading at $13.5. Previously, on May 19, Metaplanet purchased another 1,004 BTC, and its total holdings rose to 7,800.
VanEck to launch PurposeBuilt fund focused on Avalanche ecosystem
VanEck is planning to launch a PurposeBuilt fund focused on the Avalanche ecosystem, which will focus on investing in venture-backed liquidity tokens and projects, covering games, financial services, payments, artificial intelligence and other fields. The fund will usually be deployed before and after the projects token generation event (TGE), adopting a fundamentals-oriented long-term strategy. Pranav Kanade, investment manager of VanEck Alpha Fund, said that Avalanches primary architecture enables developers to control the complete technology stack and has strong business development capabilities. At the same time, the initial team can test product-market fit on the high-performance C-Chain, and the Avalanche ecosystem can cover the entire life cycle of the project from early to mature. He also pointed out that there are currently no plans to launch other ecosystem-related funds. Funds that are not immediately invested will be deployed through the on-chain RWA product on Avalanche to maintain liquidity. (Blockworks)
Solana Mobiles second phone, Seeker, will ship on August 4, launching its native token SKR
Solana Mobile announced that its second mobile phone, Seeker, will start shipping on August 4, 2025. At the same time, the Solana Mobile ecosystem will introduce the native token SKR to incentivize developers and users to participate in the construction of the mobile Web3 ecosystem.
Character Voice
Trump posts to celebrate Bitcoins record high
Trump posted on the Truth Social platform: BITCOIN ALL TIME HIGHS, ENJOY!! to celebrate the record high price of Bitcoin.
Arthur Hayes, co-founder of BitMEX, commented on the surge in Japanese government bond yields on social media. He said: Every central bank governor has a plan to raise interest rates until the bond market hits them hard. Data shows that the yield of JGB 2.4 03/20/55 #86 has risen by more than 15% in the past month, from 2.721% to a high of 3.184%, and is now at 3.132%.
Arthur Hayes: Bitcoin may rise to $200,000, and US Treasury policy is the key driving force
Arthur Hayes said in a recent interview that Bitcoin could rise to $200,000, and stressed that the main driving force of the current bull market may be the U.S. Treasurys policy, not the Federal Reserve. Arthur Hayes analyzed that when the Federal Reserve reduces its purchase of U.S. Treasury bonds, although rising yields lead to tighter market liquidity, the Treasurys debt management and issuance plans may create new market momentum.
