ola

According to The Block, Yuga Labs announced a management adjustment, with co-founder and CEO Greg Solano transitioning to the role of chairman of the board, and current Chief Product Officer Michael Figge taking over as CEO; Figge joined the company in 2021 and began his duties a few weeks ago. This adjustment comes as the company continues to advance its metaverse project, Otherside.

According to Whale Alert monitoring, Circle has issued an additional 250 million USDC on the Solana chain.

Cuy Sheffield, the head of Visa's crypto business, stated that two American banks, Lead Bank and Cross River, have settled transactions using USDC on Solana.

According to GMGN monitoring, the market capitalization of the Solana ecosystem meme coin unc surged during the day, reaching a high of $17.6 million, setting a new record, and currently reported at $12 million, with a 24-hour increase of 150%, and a trading volume of $13.7 million during the same period.Meme coin trading is highly volatile, largely relying on market sentiment and speculative concepts, with no actual value or use cases; investors should be aware of the risks.

According to GMGN monitoring, the market capitalization of the Solana ecosystem token PUMPCADE has been rising for several days, with a significant surge last night and this morning, reaching a high of 45 million USD, currently reported at 40.6 million USD, with a 24-hour increase of 41%, and a trading volume of approximately 3.1 million USD during the same period.Meme coin trading is highly volatile, largely relying on market sentiment and speculative concepts, with no actual value or use cases, so investors need to be aware of the risks.

According to Jinshi reports, ECB Governing Council member Lane stated that if the impact of inflation lasts for a longer period, the European Central Bank will consider raising interest rates.

Crypto journalist Eleanor Terrett reported that the financial disclosures of Federal Reserve Chair nominee Waller show that he holds early-stage investments through employment-related investment vehicles, covering a wide range of areas, including some crypto infrastructure projects. The projects involved include: Compound (decentralized lending protocol), Optimism and Blast (Ethereum Layer 2 network), as well as Solana, in addition to trading infrastructure, crypto investment firms, and platforms in various fields such as artificial intelligence and biotechnology. These holdings appear to be relatively small, with poor liquidity, and have not generated reportable income, indicating a preference for indirect venture capital-style exposure rather than direct, tradable liquid assets.

Greeks.live macro researcher Adam pointed out on the X platform that as the price of Bitcoin continues to rebound, the implied volatility (IV) of major term options is actually decreasing, and while IV is falling, the skew is clearly positively biased. The main reason for this phenomenon is that the military conflict between the U.S. and Iran is gradually calming down, and the market's concerns about war risks are dissipating, leading to a significant drop in the prices of put options.The trading on the order book and in bulk is relatively balanced, with major transactions concentrated in the current and next month. The market is readjusting its position layout, and the main participants have reached a consensus on the future market expectations—low volatility expectations are becoming the mainstream in the market.

According to CoinDesk, the price of Bitcoin has broken a four-week high and has now risen to over $74,000.Analysis indicates that $75,000 is a key "volatility release point," and due to the negative gamma effect in the derivatives market, price fluctuations may be amplified. This range also coincides with Bitcoin's 100-day moving average, which became a major resistance level in January of this year.If the price breaks above $75,000, the upward trend may accelerate further; if it falls back, it could increase downward pressure. The range of $80,000 to $80,600 is a positive gamma zone, where market volatility is relatively low, and the trend may tend toward range-bound fluctuations. Additionally, the 200-day moving average is currently at $87,519, serving as a long-term price reference.

Y Combinator has completed its first investment entirely in stablecoins, paying $500,000 USDC to the prediction market startup Totalis, completed through three transactions on the Solana blockchain: a $1 test payment, $124,999, and $375,000. The funds are held by the financial operations platform Ramp.Y Combinator President Garry Tan stated on X that YC will offer stablecoin payment options for any startup it invests in, not limited to crypto-related companies, and noted that the new track of financial revolution will not be built on ACH or wire transfers. YC crypto sector access partner Nemil Dalal had previously stated that stablecoin transfer costs are typically less than 1 cent, settling in less than 1 second, far superior to traditional cross-border wire transfers.

Solana co-founder toly commented on the controversy surrounding Circle's USDC freezing mechanism, stating that we need a base layer stablecoin that can only be frozen under a court order. If there are other factors that can freeze it besides authorization from a judge approved by the U.S. Senate, then it is not a true dollar stablecoin.toly suggested that various protocols (such as Drift and Kamino) should issue wrapped stablecoins with their own freezing and unfreezing strategies on top of the base layer stablecoin, equipped with a security team truly responsible for handling hacking incidents, while having independent freezing and unfreezing strategies.It is reported that after the recent hacking of the Drift protocol, Circle did not promptly freeze the stolen USDC. Circle CEO Jeremy Allaire's remarks about the "moral dilemma" and freezing policy have sparked widespread discussion in the community regarding the freezing mechanisms of centralized stablecoins.

According to Whale Alert monitoring, Circle issued an additional 250 million USDC on the Solana network at 23:45 Beijing time.

Global index market volatility is intensifying, and funds are accelerating their inflow into the cross-asset derivatives market. The AUS200, HK50, and US30 index contracts on the Gate platform are performing exceptionally actively, dominating the top five positions in CoinGlass's holding increase leaderboard over the past four hours.According to CoinGlass data, the holding size of AUS200 (Australia S&P 200) on the Gate platform reached $620,400, with an increase of 1840.64%; the holding size of HK50 (Hang Seng Index) was $2.53 million, with an increase of 1091.96%; the holding of US30 (Dow Jones Index) reached $7.89 million, with an increase of 981.24%; TW88 and HSCHKD recorded increases of 129.34% and 97.88%, respectively, further highlighting Gate's product coverage and liquidity advantages in cross-asset derivatives trading.Gate pioneered index perpetual contracts, using mainstream global indices and volatility indices as underlying assets, introducing market sentiment indicators into the crypto derivatives trading system, maintaining USDT settlement, and supporting 24/7 trading. The platform will continue to build a multi-asset contract system covering mainstream TradFi assets, providing users with more flexible multi-asset trading options.

According to South Korean media Edaily, the Financial Intelligence Unit (FIU) of South Korea has determined that the cryptocurrency exchange Coinone violated obligations related to the Specific Financial Information Act after completing an on-site inspection. It decided to impose a partial business suspension for 3 months and a fine of approximately $3.56 million (5.2 billion won), with the suspension period from April 29 to July 28. During the suspension, new customers are restricted from external transfers of virtual assets (deposits and withdrawals), while existing customers can continue trading normally. In addition, the FIU issued a "warning reprimand" to Coinone's CEO, Cha Myung-hoon.The FIU stated that Coinone assisted 16 unregistered overseas virtual asset businesses in completing 10,113 asset transfer transactions in violation of regulations and failed to cooperate after regulatory authorities repeatedly requested to stop related transactions; there were approximately 40,000 violations in customer identity verification, including accepting documents that could not be verified for authenticity and reviewing customer address information that was incomplete; there were about 30,000 violations of trading restriction obligations, involving allowing transactions for users whose identity verification had not yet been completed. Coinone stated that it takes this sanction seriously and is advancing rectification, and whether to file an administrative lawsuit will be decided after careful consideration by the board of directors.

The metal market has seen a short-term pullback. Among them, international gold (XAUT) reached a high of $4,713.3 and a low of $4,621.1 within 24 hours; international silver (XAG) reached a high of $75.73 and a low of $72.79 within 24 hours. As prices broke through key ranges, market risk aversion sentiment marginally receded, significantly amplifying short-term volatility.According to CoinGlass data, Gate's metal contract trading and positions are actively synchronized. Currently, the position size of XAUT is $42.7135 million; the 24-hour contract trading volume of XAG reached $60.4477 million, a substantial increase of 1640.73% compared to the previous period. Against the backdrop of severe market fluctuations, the competition between bulls and bears has intensified, driving a rapid increase in trading activity.Gate has pioneered the metal contract trading sector, providing 24/7 uninterrupted trading, offering users greater strategic flexibility and asset management efficiency in volatile markets. Gate's contracts cover various traditional financial assets, including stocks, metals, foreign exchange, indices, and commodities, supporting trading in core targets such as gold, silver, and globally popular stocks. Gate continues to build a more efficient and professional multi-asset one-stop trading platform for global users.

The Solana ecosystem meme coin neet today saw a significant increase in market value, reaching 40 million USD, with a current price of 0.039 USD and a 24-hour increase of 40%. Previously, this meme coin rebounded after its market value fell below 7 million USD on February 12, and has recently continued to rise slightly.ChainCatcher reminds users that meme coins have no real use case, and their prices are highly volatile, so investment should be approached with caution.

According to DefiLlama data, the net inflow of funds for Ethereum cross-chain bridges in the past 7 days reached $11.112 billion, ranking first among all public chains. Following are Solana and Polygon, with net inflows of $497 million and $397 million, respectively.Base, Plasma, Ink, Avalanche, Arbitrum, and Tron also experienced varying degrees of net inflow, amounting to $275 million, $214 million, $165 million, $157 million, $126 million, and $54 million, respectively.

According to monitoring by Lookonchain, Circle has just minted 250 million USDC, and in the past month, Circle has minted 10.5 billion USDC on the Solana chain.