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Share link:In this post: Japan’s $3.5 billion 40-year bond sale had the weakest demand since July 2024, with a bid-to-cover ratio of 2.2. Yields rose to 3.37% after the auction, reversing Tuesday’s drop sparked by speculation of reduced issuance. Last week’s poor 20-year bond auction and Ishiba’s Greece comparison intensified long-term fiscal concerns.
Share link:In this post: USD1 is expanding its impact, creating a new trend of meme token activity on BNB Smart Chain. BUILDon is the main asset to benefit from USD1 liquidity, while boosting the stablecoin’s profit. Wintermute has moved USD1 to several large-scale wallets, potentially preparing for growing activity.
Long-term macro cycle charts project Dogecoin price could surge between $3 and $12 if historical patterns repeat. DOGE is forming a rounded bottom on the monthly chart, similar to past setups that led to major rallies. TD Sequential on the hourly chart issued a buy signal, suggesting a short-term DOGE rebound from $0.224.
Quick Take The SEC’s decision to wind down its aggressive enforcement campaign against crypto does not mean people can do whatever they want in the space, said Republican Commissioner Hester Peirce. Peirce also spoke about the SEC’s role as a supervisory and disclosure agency on Thursday, and called for regulatory consistency when it comes to investor losses.
Quick Take OpenSea said that it is still working on its anticipated SEA TGE, but that certain feature releases must be in place before launching the token. OpenSea’s OS2 platform has also exited beta, launching a new “Voyages” rewards program alongside the public release.
- 06:15Analysis: Trump's Second Son's Announcement of Cooperation with TRUMP Fails to Boost Prices, Community Questions His "Call" AbilityOdaily Planet Daily News: Eric Trump, the second son of Trump, announced this morning a collaboration with the Meme coin projects TRUMP and WLFI, and plans to hold a large amount of TRUMP tokens in his long-term vault. After the news was released, TRUMP's price briefly rose by 6.4% but quickly fell back, leading some in the crypto community to question why the news did not effectively drive a stronger price increase. Analyst Pluid stated: "Even Eric Trump's 'endorsement' couldn't boost TRUMP, which is definitely not a good sign." (Cointelgraph)
- 06:11Tether Custodial Wallet Deposited 200 BTC to CEX 8 Hours AgoAccording to Odaily Planet Daily, as monitored by the on-chain analysis platform @lookonchain, the Tether custodian wallet deposited 200 BTC, valued at approximately $20.88 million, into a CEX 8 hours ago. Since the BTC price rebounded to $100,000 on May 9, the wallet has deposited 1,650 BTC (approximately $174.7 million) into the CEX.
- 06:10Tim Draper: Bitcoin Can Hedge Against U.S. Government Overspending, Optimistic About Reaching $250,000 This YearChainCatcher reports that Draper VC founder Tim Draper stated on the X platform that once the U.S. government allows employees to engage in collective bargaining, it would be like driving a truck down a hill without brakes. However, Bitcoin can hedge against the U.S. government's excessive spending. Tim Draper believes that Bitcoin can still reach $250,000 within 2025, with the main driving factors being: market optimism following Trump's trade agreement, the anticipated regulatory framework soon to be released, and the continuous development of Web3 applications built on the Bitcoin blockchain. Major banks are also adding Bitcoin to their products. Compared to other cryptocurrencies and stocks, Bitcoin is considered less risky because people trust it, earning Bitcoin the title of a store of value.