Odaily News Bonk Guy posted a message on the X platform, responding to the outside world's doubts about his "using influence to pull the market", and announced that he would no longer disclose new transactions in real time in the future. He listed a number of public transaction records, including the early cases of turning $16,000 into $20 million through BONK, and WIF transactions of $6,000 into millions of dollars, emphasizing that his investment logic rather than the fan effect is the main reason for profit. Bonk Guy said that he has secretly established positions in two new targets recently (currently with floating profits of 65% and 164% respectively), but will not disclose the specific token names for the time being to avoid being accused of "letting fans take over". He reiterated that his public transactions share risks with fans and rejected all KOL cooperation invitations.

Odaily News U.S. Senate Majority Leader John Thune said on Monday that Senate Republicans are seeking to pass a landmark stablecoin bill this week that will establish new regulations for digital tokens pegged to the U.S. dollar. Thune said he is currently working to find a way to advance the amendment, with the goal of having the bill up for a vote in the full Senate this week. On Monday, Thune filed a motion to end debate on the bill, and another procedural vote on the motion will be held as early as Wednesday. Republican leaders have been seeking to reach an agreement on amendments to speed up the final vote, but have so far failed, mainly because Republican Senator Roger Marshall of Kansas has pushed for a vote on controversial legislation to combat credit card swipe fees. (Politico)

Odaily News Digital asset trading platform Uphold is considering an initial public offering (IPO) or a sale. Its CEO Simon McLoughlin revealed that the board of directors has appointed FT Partners to explore strategic options, including an IPO in the United States or a sale to other companies. He said that many banks and financial institutions are currently interested in Uphold, and M&A transactions are also an option. Although McLoughlin did not disclose the valuation, people familiar with the matter said the valuation exceeded US$1.5 billion. (TheBlock)

Odaily News According to Onchain Lens, a whale spent 8,187 SOL (worth $1.3 million) to buy 1.35 million VERSE at a high price of $0.94 per unit. The current floating loss has exceeded $500,000.

Odaily News Jim Cramer, a well-known CNBC host, said on Monday that investors are not recommended to buy shares of Circle Internet, the issuer of stablecoins. Circle Internet had a brilliant debut last week, with its stock price soaring 168% from its opening price of $31 to $69. Cramer believes that although Circle Internet is strong, its stock price is "overheated" at the moment. The company's valuation has soared from $5.5 billion to about $25 billion in a few weeks, and it is not a wise move to buy at this time. Moreover, Circle is still linked to the volatile cryptocurrency ecosystem, and investors may wish to wait patiently for better buying opportunities. Cramer also compared Circle's stablecoin USDC to a bargaining chip in the cryptocurrency field, saying that its business is more transparent than Tether and is a "more standardized and less suspicious version of stablecoins" supported by real legal currency reserves. He also reminded that the current IPO market "is starting to go crazy" and investors need to be cautious.

Odaily News Netcapital, a Nasdaq-listed fintech company, announced the acquisition of Mixie, a crypto-native protocol, for an undisclosed amount. Zelgor, a portfolio company of Netcapital, completed the acquisition, and the company said it was the first time a listed company acquired a crypto-native protocol to expand its blockchain business. Netcapital is headquartered in Boston and operates a digital capital markets platform. Its stock code is NCPL and its market value is approximately US$6.8 million. (globenewswire)