24-Hour Hot Cryptocurrencies and News | Circle reported $42 million in revenue in Q1, with its stock price rising to $134 during the session; US President Trump will pay a state visit to China (May 12).

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1. Popular cryptocurrencies on CEXs

Top 10 CEX trading volumes and their 24-hour price changes:

  1. BNB: +1.45%
  2. BTC: -0.12%
  3. ETH: -0.75%
  4. SOL: +1.46%
  5. DOGE: +0.46%
  6. TON: -1.05%
  7. RAD: +28.52%
  8. SUI: -2.78%
  9. XRP: +1.02%
  10. OSMO: +68.43%

24-hour gainers list (data source: OKX):

  1. PARTI: +17.76%
  2. ROBO: +13.27%
  3. ASP: +10.11%
  4. MOVE: +9.78%
  5. PENDLE: +8.75%
  6. CRV: +8.25%
  7. GMT: +7.29%
  8. BASED: +7.00%
  9. INJ: +6.93%
  10. ZBCN: +6.95%

24-hour cryptocurrency stock gainers list (data source: msx.com ):

  1. VCX.M: 55.52%
  2. MRAM.M: 53.2%
  3. AAOI.M: 28.9%
  4. POET.M: 27.67%
  5. NA.M: 25.45%
  6. DXYZ.M: 23.96%
  7. QUBT.M: 22.71%
  8. SWMR.M: 22.55%
  9. BTBT.M: 20.56%
  10. LITE.M: 17.23%

2. Top 5 trending on-chain memes (data source: GMGN ):

  • TURBO
  • RKC
  • XMONEY
  • RTKC
  • Bufo

Headlines

Circle achieved a record high of $42 million in non-interest income in Q1, marking its fifth consecutive month of growth.

Circle's Q1 financial report shows that its non-reserve interest income (Other Revenue) reached $42 million, a record high, showing a continuous growth trend for several quarters. This indicates that Circle's revenue diversification is progressing smoothly, its dependence on interest rates is continuing to decline, and its platform services, API tools, and Agent Stack products have generated substantial commercial benefits.

Circle's gains extended to 18%, breaking through $134.

Circle (CRCL) shares rose as much as 18% intraday, breaking through $134, and are currently trading at $134.36, with a market capitalization of $33.06 billion.

US President Trump will pay a state visit to China

A spokesperson for the Ministry of Foreign Affairs announced that, at the invitation of Chinese President Xi Jinping, US President Donald Trump will pay a state visit to China from May 13 to 15. (CCTV)

Polymarket's IPO date has been seemingly revealed, possibly December 31st of this year.

The TradingView page appears to show Polymarket's IPO date as December 31st of this year, but the same page on Kalshi also shows the same date, raising questions about the accuracy of the information.

Industry News

Musk may participate in Trump's trip to China as a member of the US delegation.

According to market sources, Elon Musk will participate in Trump's visit to China as a member of the US delegation, causing Tesla's stock price to surge by more than 1%. Previously, sources indicated that Nvidia CEO Jensen Huang was not invited and would not accompany Trump to Beijing.

FTX/Alameda unstaking 200,000 SOL tokens, worth $19.4 million.

According to Onchain Lens monitoring, 199,263 SOL tokens, worth approximately $19.4 million, have been unstaking on FTX/Alameda.

Project News

The Ethereum Foundation released an update on the Glamsterdam upgrade: the development network is now live, and the Hegotá scaling roadmap is progressing in tandem.

The Ethereum Foundation has released the latest updates on the next phase of the "Glamsterdam" upgrade: ePBS is now running stably on the multi-client development network, the EIP-8037 repricing mechanism has been finalized, and Hegotá's FOCIL prototype for the extension direction is now operational. Furthermore, Protocol Cluster has completed a leadership restructuring, with former leaders Tim Beiko and Barnabé Monnot gradually stepping down from their management roles.

Frax Finance: Tangent will open pre-deposits in a week, with frxUSD becoming one of the default stablecoins.

The DeFi project Tangent will open pre-deposits in a week, with frxUSD and USDC serving as the protocol's default stablecoins to support initial liquidity deployment. The project will be built on the frxUSD PegKeeper pool on Curve Finance.

Tether launches developer funding program and opens applications.

Tether announced the launch of a developer grant program with no total cap on grant amounts. Payments are based on technical deliverables, with individual grants ranging from approximately $1,500 to $4,000. The program covers areas such as wallet infrastructure, browser plugins, and e-commerce payment integration, and will also improve the open-source wallet development kit (WDK).

Crypto.com has obtained a stored value facility license in the UAE, which will enable the use of crypto assets to pay for government services.

Crypto.com has become the first virtual asset service provider in the UAE to obtain a Stored Value Facility (SVF) license from the Central Bank. It will work with the Dubai Ministry of Finance to allow UAE residents to pay for government services with crypto assets. It also plans to further integrate crypto payments with Emirates Airlines and Dubai Duty Free.

St. Jude Children's Research Hospital sold its donated ASTEROID holdings, realizing approximately $676,000 in ETH.

About two years ago, St. Jude Children's Research Hospital received a donation of 0.5% of the total supply of ASTEROID tokens. As its market value rose from about $20,000 to over $150 million, the hospital sold the tokens in 12 batches, eventually obtaining more than 290 ETH (about $676,000). The funds will be used for the treatment and research of children's diseases.

Investment and Financing

AI startup Ciridae raises $20 million in seed funding, led by Accel.

AI startup Ciridae has raised $20 million in seed funding, led by Accel, with participation from a16z and General Catalyst. Founded by a former a16z partner and a former head of machine learning at Apple, the company focuses on AI-driven digital transformation for mid-sized businesses in sectors such as home services, construction, and industrial distribution. (Fortune)

Character voices

Trump: The war with Iran will end soon

Trump stated that the war with Iran will end soon and that he will meet with a group of generals to discuss the issue. (Jinshi)

JPMorgan Chase: Oil prices are expected to average $96 per barrel in 2026.

JPMorgan Chase predicts that the average oil price for 2026 will be $96 per barrel, with Q2, Q3, and Q4 prices at $103, $104, and $98 per barrel, respectively. (Jinshi)

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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