Sudoswap Proposal to Distribute Fees Leads to 225% Surge in SUDO Token Value

Collector Crypt's CARDS token on Solana saw a market cap increase to $85 million from $23 million in a day. The project offers NFT packs redeemable for physical Pokémon trading cards and operates a marketplace for trading rights to the cards.

Treasury, a euro-denominated Bitcoin treasury company, secured €126 million in funding from Winklevoss Capital and Nakamoto. It aims to list on Euronext Amsterdam and accumulate Bitcoin as its primary reserve asset.

The team behind Solana meme coin TROLL has secured a six-figure deal with Trollface creator Carlos Ramirez for exclusive rights to use the iconic meme in their project. Ramirez will also earn an 11% royalty fee on future TROLL merchandise net revenue.

Ondo Finance has introduced tokenized versions of over 100 U.S.-listed stocks and ETFs on Ethereum, exclusively for non-U.S. investors. The tokens are backed by real assets held at U.S.-registered broker-dealers, aiming to make assets tradeable globally.

The Ethereum validator entry queue reached its highest level in two years, with 860,000 ETH worth $3.7 billion waiting in line. Processing the queues may take up to 14 days due to daily entry and exit limits set by the network.

U.S. Bank has resumed its crypto custody services, offering Bitcoin custody and support for ETFs to institutional investment managers. The bank paused the service in 2022 due to regulatory issues but restarted after the SEC rescinded a bill in January.

Ray Dalio predicts a debt crisis in the U.S. economy, which could boost cryptocurrency prices due to the country's increasing debt burden. He believes that as creditors lose faith in the dollar, the Federal Reserve may face tough decisions regarding interest rates and debt management.

American Bitcoin, a publicly traded Bitcoin mining and treasury firm backed by Eric Trump and Donald Trump Jr, experienced a volatile debut on the Nasdaq, surging 83% before dropping back down. The stock, ABTC, triggered seven trading halts due to price fluctuations.

Crypto.com's X account deleted a post featuring a crypto-themed Chinese checkers board due to users making antisemitic remarks, including comparisons to the flag of Israel. Despite the intended reference to Chinese checkers, some users associated the image with antisemitic symbols.

Ethereum's bearish options activity contrasts with Bitcoin's bullish outlook, as seen in declining perpetual open interest and increased put options. This defensive positioning indicates a cautious approach by investors, with a focus on specific price targets and timeframes for potential corrections.