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These applications have already been running on the testnet stage.
The US PCE inflation cools for the second month to 2.1% from 2.3% in the previous month. The monthly core PCE inflation, which excludes volatile and energy prices, comes in at 0.1%. It has increased from a flat reading last month. The US Fed is expected to keep interest rates unchanged at the upcoming FOMC meeting next month. Bitcoin recovers slightly after the PCE inflation data release. Analysts eye BTC to reclaim $107K for further rally.
Whale 0x3c9E deposited 502.5 billion Pepe Coin tokens worth $6.47 million to Binance, continuing the selloff since early May 9. Options expiry and US PCE inflation fears triggered a 12% drop in Pepe Coin price on Friday. U.S. President Donald Trump earlier shared an image on his Truth Social showing Pepe the Frog character at the back, but failed to trigger a further rally.
Analysts are warning of a potential Bitcoin correction in June, citing bearish divergence signals across key timeframes. However, rising institutional interest may offset historical parallels.
- 21:27Nearly 820,000 ETH Bridged to Linea MainnetAccording to Jinse Finance, Dune data shows that 819,718 ETH have been bridged into the Linea mainnet, with a total of 1,268,287 transactions and 583,060 interacting addresses.
- 20:56The total market capitalization of AI agent tokens falls below $6.6 billion, with a 24-hour decline of 2.4%According to CoinGecko data reported by Jinse Finance, the total market capitalization of tokens in the AI agent sector has dropped to $6.545 billion, with a 24-hour decline of 2.4%. Among them: AI16Z saw a 24-hour decrease of 2.3%, with a current market cap of $1.974 billion; VIRTUAL fell by 2.1% in 24 hours, with a current market cap of $1.135 billion; TRAC dropped 4.5% in 24 hours, with a current market cap of $205 million.
- 20:34CCTV News: The Credibility of the US Dollar and International Responsibility Will Affect Global Acceptance, Mere Changes in Form Are Not Enough to Consolidate the Influence of the Dollar and StablecoinsForesight News reports that Trump has officially signed the GENIUS Act at the White House, marking the first time the United States has established a regulatory framework for stablecoins. Experts point out that the U.S. is actively promoting stablecoins in an effort to leverage the existing advantages of the dollar and maintain its dominance in the global currency and payment systems. Some believe this move could help ease pressure on U.S. Treasury bonds. However, some Democratic lawmakers question whether the act provides sufficient consumer and financial stability protections, and have noted connections between the Trump family and cryptocurrencies. Some Republican lawmakers also argue that the act conflicts with Trump’s previous executive order banning central bank digital currencies.