Jonbinh

@999eth

2232 Following

586 Followers

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Plasma Raises Deposit Limit to $1 Billion, Expanding DeFi Opportunities The recently announced Plasma stablecoin project on the X platform will reopen its deposit limit to $500 million within the next hour (9:00 a.m. Beijing time). This move will bring the total deposit limit to $1 billion. All deposits will be deployed to Yield on leading protocols such as Aave and Maker, through audited Veda vault contracts. The use of smart contract vaults helps ensure safety, transparency, and limit the risk of asset loss in the volatile cryptocurrency market.

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Bitcoin Continues to Lose steam, Altcoins Don’t Do Much: Cryptocurrency investment products operated by leading asset managers such as BlackRock, Bitwise, Fidelity, Grayscale, ProShares, and 21Shares continued to attract net inflows worth $286 million globally over the past week, according to the latest report from CoinShares. Notably, Ethereum (ETH)-based investment funds continued to outperform Bitcoin (BTC)-based products. This is the eighth consecutive week of growth for crypto investment funds, bringing the total inflows for the period to $11.3 billion. However, James Butterfill, Head of Research at CoinShares, warned that there are signs of a slowdown as investors become more cautious amid monetary policy uncertainty.

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Strategy Offers $1 Billion in Shares to Buy More Strategy, the world’s largest Bitcoin holding company among businesses, plans to raise nearly $1 billion through a stock offering to buy more BTC. Michael Saylor’s company plans to issue 11,764,700 shares of 10% Class A perpetual preferred stock at a public offering price of $85 per share. According to a June 6 announcement, Strategy expects to raise approximately $979.7 million after deducting underwriting discounts and expenses related to the offering.

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🎉 Just became the proud owner of the amazing NFT "Somnia Vietnam with Friends!" on Somnia Testnet. Explore the incredible collection here: https://somnia-vietnam-with-friends.testnet.nfts2.me/ 🔥 Discover more on /nfts2me Tell me what you think about it! 😄 via @nfts2me

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Could Rising Inflation Trigger the Next Bitcoin Bull Run? With periods of rising inflation tending to drive demand for scarce assets like Bitcoin, the question is whether rising inflation could be the catalyst for the next bull run for BTC. Henrik Zeberg, Chief Macro Economist at Swissblock, has delved into the issue, making a striking prediction regarding the yield on the 10-year US government bond. In a chart that breaks down historical economic periods, he points to the emergence of a “rounding bottom” pattern in bond yields as a precursor to rising inflation.

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Golden Cross Coming: Can BONK Bounce 77%? BONK has been on a strong bullish run lately, helping investors recover most of their losses since early 2025. However, the “dog” memecoin still has a long way to go before it can completely reverse its downtrend from the start of the year. However, positive signals from investors and market indicators are suggesting that a recovery could be just around the corner. BONK Sends Strong Bullish Signal Technical analysis shows that BONK is approaching a Golden Cross pattern – when the 50-day EMA crosses above the 200-day EMA. This is a technical signal that is considered very positive, often accompanied by strong bullish momentum.

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Chainlink (LINK) Plunges: Can Retail Investors Hold On? A whale recently deposited 200,355 Chainlink (LINK) worth $3.27 million to Binance after nine months of inactivity. The move netted the whale $1.08 million in profits, from a previous accumulation of $4.56 million. The wallet still holds 145,430 LINK, or $2.37 million. At the time of writing, LINK is trading at $16.25, down 0.3% over the past 24 hours. While a single sale is not enough to determine a trend, such high-volume activity is often an early sign of bullish sentiment.

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BTC Price Stalls After CPI Inflation Cools Data from Bitcoin Magazine shows BTC/USD has fallen again after failing to reclaim the $104,000 support level. The decline came despite a lower-than-expected US Consumer Price Index (CPI) report for April, which is seen as good news for risk assets. “The all-item index rose 2.3% in the 12 months ending in April, following a 2.4% increase in March,” the official release from the US Bureau of Labor Statistics (BLS) confirmed.

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Bitcoin Traders Take Profits at $106,000 – First Stop Before Price Hits Bitcoin hit an intraday high of $105,800 on May 12 but has since fallen 3% to $101,400 in the past 24 hours. On the lower time frame (LTF) chart, BTC fluctuated in an ascending channel pattern before forming a bearish breakout below the pattern’s lower range.

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Crypto Markets Are in Gambling Mood as Memecoin Mentions Hit High According to on-chain analytics platform Santiment, the number of online discussions about memecoins has just hit a year-to-date high, drawing significant attention after market sentiment cooled off earlier in the year. Two weeks ago, discussions around Bitcoin and layer 1 protocols peaked amid market volatility triggered by the Trump administration’s tariffs. However, interest has since shifted to large-cap memecoins. Brian Quinlivan, Santiment’s chief marketing officer, said in a May 1 post:

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🎉 Just became the proud owner of the amazing NFT "#InkOnZerion NFT Winner 3/3 #3957" on Ink. Explore the incredible collection here: https://inkonzerion-nft-winner-3-3.nfts2.me/ 🔥 Discover more on /nfts2me Tell me what you think about it! 😄 via @nfts2me

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🎉 Just became the proud owner of the amazing NFT "#InkOnZerion NFT Winner 2/3" on Ink. Explore the incredible collection here: https://inkonzerion-nft-winner-2-3.nfts2.me/ 🔥 Discover more on /nfts2me Tell me what you think about it! 😄 via @nfts2me

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🎉 Just became the proud owner of the amazing NFT "#InkOnZerion NFT Winner 1/3 #6453" on Ink. Explore the incredible collection here: https://inkonzerion-nft-winner-1-3.nfts2.me/ 🔥 Discover more on /nfts2me Tell me what you think about it! 😄 via @nfts2me

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🎉 Just became the proud owner of the amazing NFT "Zerion x Ink #34338" on Ink. Explore the incredible collection here: https://zerion-x-ink.nfts2.me/ 🔥 Discover more on /nfts2me Tell me what you think about it! 😄 via @nfts2me

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Next SEC Roundtable to Discuss Crypto Custody with Leading Experts The U.S. Securities and Exchange Commission (SEC) has announced that experts from Kraken, Exodus, Anchorage Digital, and more will participate in a Crypto Task Force roundtable discussion focused on digital asset custody. According to the April 16 announcement, commissioners Hester Peirce and Caroline Crenshaw, acting chair Mark Uyeda, and Crypto Task Force Chief of Staff Richard Gabbert will join Kraken’s vice president of consumer products and business Mark Greenberg, Anchorage Digital Bank’s chief risk officer Rachel Anderika, and Exodus’ chief legal officer Veronica McGregor. Other representatives include those from WisdomTree, Fidelity Digital Asset Services, and Fireblocks.

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https://warpcast.com/nhk/0x0e831041

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@inkonchain good

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I just completed "Ink: DEX 101" on Layer3 - https://app.layer3.xyz/quests/ink-dex-101

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Ethereum (ETH) Ethereum Hits 5-Year Low – Why Ethereum (ETH), once the “bright gem” of the altcoin world, is under heavy pressure as its price falls to its lowest level since 2020. Weak network activity, a sharp decline in active addresses, and falling transaction fees – though offset by record-low token burns following the Dencun upgrade – have created significant inflationary pressure. With its value falling, the question is: Can the blockchain giant recover from its long slide, or is this just the beginning of a never-ending decline? Ethereum Falls Behind Bitcoin With Deeper Bearish Momentum Ethereum’s latest price drop marks a worrying divergence from Bitcoin. As ETH plunges to a five-year low, its downtrend is even stronger than BTC’s.

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I just completed "Ink: Contracts" on Layer3 - https://app.layer3.xyz/quests/ink-contracts

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