Today
2025/05/30

Spot gold falls below 3280 USD

Jin10 data reported on May 30, the Spot gold short-term fell by 10 dollars, breaking below 3280 dollars/ounce, with a daily drop of 1.13%.
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boop.fun will announce a $1 million Token incentive policy, FARM2 is expected to receive maximum support.

BlockBeats news, on May 30, BlockBeats news, on May 30, the token issuance platform boop.fun will announce a major rewards policy for the top-ranking tokens by market capitalization tonight at 22:00, with a total reward amount of up to 1 million USD. The FARM2 Token, as the platform's cult token with the highest market capitalization, is expected to receive the highest reward support.
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The final value of the University of Michigan consumer confidence index for May and the final value of the one-year inflation rate expectation will be announced in ten minutes.

BlockBeats news, on May 30, the final value of the University of Michigan's consumer confidence index for May and the final value of the one-year inflation rate expectation will be announced in ten minutes. (Jin10)
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Slow Fog Cosine: The over $60 million worth of ETH held by the Cetus Hacker has not been transferred yet.

Odaily News Slow Mist stated in a post on the X platform that the Cetus Hacker has not returned the funds, holding more than 60 million USD worth of ETH without further transfers. They have currently received suspicious clues related to the Cetus Hacker submitted by community users, and more details may be disclosed later.
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Fitch: The PCE report is the calm before the storm in the eyes of The Federal Reserve (FED)

Odaily News Olu Sonola, an analyst at Fitch, pointed out in a report that the Federal Reserve may see the mild personal consumption expenditure inflation report as the "calm before the storm." He wrote: The Federal Reserve will continue to wait for the storm to arrive—unless consumer spending contracts significantly and the unemployment rate rises rapidly. Sonola stated: "This report shows that American consumers remain resilient." (Jin10)
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The US Dollar Index DXY has risen 15 points in the short-term, currently reporting at 99.56.

Golden Finance reports that the US Dollar Index DXY has risen 15 points in the short-term, currently at 99.56.
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BlackRock's IBIT is expected to reach a record high in inflows this month, with $6.35 billion already flowing in.

BlockBeats news, on May 30, according to monitoring by Trader T, BlackRock's Bitcoin ETF has seen record inflows this month, currently totaling: $6.35 billion. There is still one day left in the month.
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Suilend: The second season SEND points and STEAMM points Snapshot have been completed.

Odaily News Suilend stated in a post on the X platform that the second quarter SEND points and STEAMM points Snapshot have been completed, and the details for the second quarter application will be released next week.
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U.S. Vice President Vance: Bitcoin is safe and not easily subject to fraud.

Golden Finance reports that U.S. Vice President JD Vance publicly expressed support for Bitcoin, stating that it is secure, not easily susceptible to fraud, and a reliable means of digital store of value. Vance emphasized that although Crypto Assets carry risks, the public should be allowed to make their own decisions, opposing excessive government intervention, and advocating for a proper regulatory framework that lets the market naturally weed out inferior projects and validate superior ones.
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Strategist: The pound is facing temporary selling pressure but can soon recover its previous rise.

Convera strategist George Vessey pointed out that the pound faces temporary selling pressure due to month-end portfolio rebalancing, but is expected to quickly resume its rise, potentially reaching 1.40 by the end of the year. This is on the condition of continued "dumping dollar transactions," with support factors including declining confidence in U.S. policies and worsening economic outlook. The resilience of the UK economy and the Central Bank's cautious stance on interest rate cuts are also necessary for appreciation.
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Bailitianheng: Plans to raise no more than 3.764 billion yuan, all of which will be used for innovative drug research and development.

On May 30, Jin10 reported that Baili Tianheng announced that the company plans to issue A-share stocks to specific targets and raise no more than 3.764 billion yuan. After deducting issuance costs, the actual raised funds will be fully used for innovative drug research and development projects.
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Trump is caught in a judicial range-bound battle, and the White House has long prepared a "lawless pass."

The "Beautiful Law" proposed by President Trump includes a provision that may weaken judges' power to enforce court rulings when the government ignores court orders. This provision states that federal courts will have no authority to enforce contempt sanctions unless the plaintiff pays a monetary Margin. This move has sparked criticism, arguing that it will weaken the checks and balances on government actions. This bill has passed in the House of Representatives but still requires Senate review.
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Kangxi Communication: Shareholder Pan Bin reduced his holdings to below 5%

Jin10 reported on May 30 that Kangxi Communication announced that shareholder Pan Bin reduced his holdings by 2.2931 million shares through centralized bidding from March 27, 2025, to May 30, 2025, decreasing his shareholding ratio from 5.54% to 5.00%.
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Hu Tao Capital (00905.HK) major shareholder donated 10 Bitcoins and other virtual coins to the company's subsidiary.

Walnut Capital plans to use 170 million AFG Tokens, 5.8 billion FOFO Tokens, and 10 Bitcoins as reserves, and may cash out in the future. These Virtual Money will be considered as capital appreciation and intangible assets, impacting the company's financial statements.
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International Netherlands: The euro's movement is more likely to continue being dominated by the performance of the US dollar.

Jin10 data reported on May 30, analysts from ING, Chris Turner, pointed out that the euro's trend is more likely to continue to be dominated by the performance of the US dollar. He stated that the market has fully digested the expectation of a 25 basis point rate cut by the European Central Bank on June 5. The US PCE data is the biggest catalyst for the euro today, and we expect this data may keep it within the short-term range of 1.1300-1.1400 USD.
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Stripe is in preliminary talks with banks to use stablecoins for global payments.

Gate News bot message, American payment company Stripe is in preliminary talks with banks to use stablecoin for global payments. Source: Cointelegraph
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Dahlman Securities: The US and Europe will further pull back in the short term.

TD Securities strategists expect the euro to pullback against the US dollar in the short term. The interest rate differential is developing in favor of the dollar, economic data is favorable for the dollar, and there are no signs of asset allocation outflows. The euro is expected to fall to 1.11 against the US dollar.
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The Federal Reserve (FED) spokesperson: "High-quality" inflation report hides two major concerns, last year's low base effect needs to be cautioned.

Gate News bot, "Federal Reserve Mouthpiece" Nick Timiraos, said that today's "excellent" inflation report needs to pay attention to two potential problems: (1) Analysts expect commodity price increases to accelerate in May (especially June) as the "Liberation Day" tariffs come into effect. (2)**Given that inflation has cooled by mid-2024, the year-on-year base itself is no longer dominant** (Note: The core PCE price index in the United States recorded an annual rate of 2.5% in April, the lowest since March 2021).
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The Federal Reserve (FED) spokesperson: The "excellent" inflation report hides two major concerns, and the low base effect from last year needs to be watched out for.

On May 30, officials from The Federal Reserve (FED) pointed out that the inflation report needs to follow the potential rise in commodity prices due to the implementation of tariffs and the issue that the year-on-year base for inflation is no longer advantageous. In April 2021, the annual rate of the core PCE price index in the United States was 2.5%, marking a new low since March 2021.
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U.S. consumer spending growth slowed in April, inflation fell to a four-year low.

According to Gate News bot, U.S. consumers began to slow down their spending in April after experiencing their strongest month since the start of 2023, while inflation remains modest, which is in line with the slowdown in the economy. Compared to the same period last year, the core PCE price index in the United States recorded an annual rate of 2.5% in April, the smallest annual increase in more than four years. The data sheds light on the underlying anxiety of many U.S. consumers about the economy after the weakest consumption quarter in nearly two years. While high tariffs on imported goods have not yet been universally reflected in rising commodity prices, consumer sentiment has plummeted and personal financial prospects are at historically low levels. Another data released on Friday showed that the U.S. merchandise trade deficit narrowed sharply in April due to the sharpest drop in imports on record (19.8% month-on-month, the largest drop on record).
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Canary Capital submitted a Spot CRO ETF application containing stake to the SEC.

Gate News bot News: Canary Capital filed an S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) on Friday to manage the potential first spot CRO exchange-traded fund in the U.S. (ETF), It contains a staking component. The proposed fund provides direct exposure to CRO, the native cryptocurrency of the Cronos blockchain. The trust plans to pledge a portion of its assets through one or more staking providers, potentially generating additional income for investors. It will handle the issuance and redemption of shares in cash rather than in kind, similar to the structure of existing spot Bitcoin and Ethereum ETFs in the US. However, it will support in-kind redemptions if it is approved by regulators in the future.
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CryptoPunk 1831 was sold for 150 ETH, valued at nearly 400,000 USD.

Odaily News CryptoSlam data shows that about 20 minutes ago, CryptoPunk 1831 was sold for 150 ETH, worth approximately $393,000.
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The US Spot Ethereum ETF has achieved net inflows for nine consecutive trading days, with a total net inflow of $486 million.

According to BlockBeats news on May 30, data from farside shows that the US Spot Ethereum ETF has achieved net inflows for nine consecutive trading days, with a total net inflow of 486 million dollars during this period.
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U.S. consumer spending growth slowed in April, inflation fell to a four-year low.

Jin10 data reported on May 30, data shows that after experiencing the strongest month of consumption since the beginning of 2023, U.S. consumers began to slow down their spending in April, while inflation remains moderate, which is consistent with the economic slowdown. Data released on Friday shows that U.S. real personal consumption expenditures increased by 0.1% this month after rising 0.7% in the previous month. The U.S. core PCE price index rose by 0.1% in April compared to the previous month. Compared to the same period last year, the U.S. core PCE price index recorded a year-on-year increase of 2.5% in April, which is the smallest annual rise in over four years.
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Traders are still betting on the Federal Reserve cutting interest rates in September.

Gate News bot reported that U.S. short-term interest rate futures experienced a pullback after the PCE data was released, with traders still betting on a rate cut by the Federal Reserve in September.
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The encryption trading mobile application Dexari has completed a $2.3 million seed round financing, led by Prelude.

Gate News bot news, the encryption trading mobile application Dexari announced the completion of a $2.3 million seed round financing, led by Prelude, with Lemniscap participating as a co-lead investor, and renowned angel investors from the HyperliquidX ecosystem and other fields also participating. This financing will be used to accelerate the vision of creating a frictionless mobile trading experience.
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BlackRock's BIT put options premium exceeds call options, as market sentiment shifts to defense.

The iShares Bitcoin Trust (IBIT) options market under BlackRock shows investors' concerns about downside risks. The put-call options skew has turned positive, reaching 0.2%, indicating that market sentiment has shifted from neutral to mildly bearish. IBIT's stock price fell by 1.32%, but still attracted a net inflow of $125 million, the lowest single-day amount since May 13.
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Traders are still betting that the Federal Reserve will cut interest rates in September.

BlockBeats news, on May 30, traders are still betting that The Federal Reserve (FED) will cut interest rates in September. (Jin10)
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Traders are still betting that the Federal Reserve (FED) will cut interest rates in September.

Golden Finance reports that traders are still betting that the Federal Reserve (FED) will cut interest rates in September.
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The core PCE price index in the U.S. recorded an annual rate of 2.5% in April, the lowest since March 2021.

Gate News bot: In April, the U.S. core PCE price index annual rate recorded 2.5%, hitting a new low since March 2021, with market expectations at 2.5%. The U.S. core PCE price index month-on-month rate in April was 0.1%, expected at 0.10%, with the previous value revised from 0.00% to 0.1%. The U.S. personal spending month-on-month rate in April was 0.2%, expected at 0.20%, with the previous value at 0.70%.
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The core PCE price index in the US in April hit a new low since March 2021.

BlockBeats News, on May 30, the core PCE price index in the United States recorded an annual rate of 2.5% in April, the lowest since March 2021, and the market expected 2.5%. The US core PCE price index for April came in at 0.1% m/m versus 0.10% expected, and the previous value was revised to 0.1% from 0.00%. U.S. personal spending in April was 0.2% m/m, with an expectation of 0.20% and a previous value of 0.70%. (Golden Ten)
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Bridge and Road Information: There have been no significant changes in operating conditions or the internal and external operating environment.

Golden Ten Data on May 30, Road and Bridge Information announced that the deviation of the closing price of the company's shares in the last two trading days has reached 66.74%, which is an abnormal fluctuation situation. After verification, there is no need to correct or supplement the items announced in the previous period, there are no major changes in the company's operating conditions and internal and external business environment, and there are no major matters that should be disclosed but have not been disclosed. The company and its directors, supervisors and senior executives did not trade the company's shares during the period of abnormal fluctuations.
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Jupiter collaborates with the Solana Foundation and the Kazakhstan Stock Exchange AIX to promote dual listing.

Gate News bot news, Jupiter announced on social media that it has signed a memorandum of understanding with the Solana Foundation and the AIX Kazakhstan Stock Exchange to advance a dual listing mechanism for enterprises, allowing companies to go public through traditional IPOs while launching tokenized stocks on the Solana blockchain.
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ING: The US dollar is gradually losing its safe-haven status

The chief economist of the Dutch International Group pointed out that the US dollar is losing its safe-haven status, creating opportunities for the eurozone. Promoting the euro as a reserve currency will drop borrowing costs and increase stability. It is suggested that the EU act quickly to design a framework for the issuance of eurozone bonds to take advantage of the US's weakness.
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The Hong Kong "Stablecoin Ordinance" has officially become law, and the Monetary Authority reminds that no licenses have been issued yet.

According to official information, the Hong Kong Special Administrative Region Government published the "Stablecoin Ordinance" in the Gazette today (May 30), which means that the "Stablecoin Ordinance" has officially become law, further improving the regulatory framework for digital asset activities in Hong Kong. On 21 May, the Legislative Council of Hong Kong formally passed a bill to establish a licensing regime for fiat stablecoin issuers (fiat-linked stablecoins) in Hong Kong. According to the Ordinance, in order to enhance the protection of the public, only designated licensed institutions can sell fiat stablecoins in Hong Kong; Only fiat stablecoins issued by licensed issuers can be sold to retail investors.
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U.S. Treasuries widen their rise, with the 10-year yield currently reported at 4.409%.

BlockBeats news, on May 30, U.S. Treasury bonds expanded their rise, with the 2-year yield reported at 3.924% and the 10-year yield currently at 4.409%. (Jin10)
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BitMart launches Assisterr AI (ASRR).

Odaily News According to the official announcement, BitMart will launch Assisterr AI (ASRR) on May 30 at 22:00 (UTC+8), and open the ASRR/USDT trading pair. Assisterr combines tokenized professional language models (AI agents), real-time monetization, decentralized ownership, and agent-to-agent interoperability into a no-code, scalable platform.
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U.S. Trade Representative Tai: Tariff lawsuits do not affect trade negotiations.

Odaily News U.S. Trade Representative Tai stated that the tariff litigation has not affected trade negotiations, and if the tariff ruling "goes in the opposite direction," we have other tools. (Jin10)
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U.S. Treasury bonds expand rise

Jin10 data on May 30: The yield on U.S. Treasuries has expanded its rise, with the 2-year yield reported at 3.924% and the 10-year yield currently at 4.409%.
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Key risks of US Treasuries highlighted as deficits widen, potentially forcing new bond issuances to raise interest rates.

Chris Iggo, Chairman of AXA Investment Managers, pointed out that U.S. Treasury bonds face key risks from the widening fiscal deficit, which may require higher coupon Intrerest Rates to attract buyers. This move will push up market yields and depress the prices of existing bonds, resulting in negative price returns for portfolios. Foreign investors are also concerned about the shrinking value of assets due to U.S. inflation and a weakening dollar. Although the policies are unconventional, there are no signs that the U.S. will resolve its debt and inflation problems through monetization.
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H100 Group increased its holdings by 1.85 Bitcoins, bringing the total open interest to 6.24 coins.

According to ChainCatcher news and official sources, the Swedish health technology company H100 Group has increased its holdings by 1.85 Bitcoins, bringing its total holdings to 6.24 Bitcoins. The newly acquired Bitcoins come from convertible notes. ChainCatcher previously reported, according to Cointelegraph, that the Swedish health technology company H100 Group has received funding from Blockstream CEO Adam
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Oxford Economics: Preventive savings may be a key variable in determining whether the U.S. enters a recession.

The Oxford Economics research institute analysis shows that U.S. consumer spending performed well in the first few months of this year, but the situation may change with the impact of higher tariffs. The court upheld the tariff decision, which could lead consumers to increase precautionary savings, affecting the direction of the economy. The economy may not go into recession, but consumer saving behavior may become a determining factor.
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Bitunix analyst: PCE inflation data is about to be released, the crypto market is experiencing fluctuations and consolidation, follow the 104.8K support and the divergence in policy expectations.

The United States will release the April PCE data, and the market expects a slowdown in the inflation index growth. However, the tariff effect may lead to a rebound in inflation, while the decline in personal consumption and income indicates weak demand. Investors are concerned about the inflation cycle, and the Federal Reserve may adjust its policies, with the market expecting the interest rate to drop to 47%. Experts suggest following the inflation data and market reactions, cautiously responding to potential fluctuations, and closely observing the support and resistance areas between $104,800 and $110,000, while also preparing for risk management and asset allocation.
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Revolut plans to relaunch encryption services in the United States.

According to ChainCatcher news and reported by Cointelegraph, Mazen ElJundi, head of crypto assets at Revolut, stated that the company plans to relaunch its crypto assets services in the United States.
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Revolut Crypto Assets Head: Revolut Plans to Relaunch US Crypto Assets Services

PANews May 30 news, according to Cointelegraph, Mazen ElJundi, head of Revolut's crypto assets business, stated that the company plans to relaunch its crypto assets services in the United States.
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Liangxi: James Wynn has multiple hedging positions aimed at manipulating the emotions of speculators, and has shorted HYPE at $39.

The encryption KOL Liangxi accused the Whale James Wynn of using multiple accounts to manipulate the market, creating false impressions to lure investors. He believes James is a HYPE manipulator, enticing retail investors by manipulating market sentiment while shorting at high points himself. Liangxi predicts that the HYPE price will fall below $20.
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Cango: Will not sell Bitcoin, total holding reaches 3,398 coins.

According to a report by Golden Finance, the latest data from Cango Inc. shows that as of the week ending May 29, 2025, the company's Bitcoin mining output was 109.1 coins, a slight rise of 1.2% from last week's 107.8 coins. The company adheres to a zero-sale strategy and has accumulated a total of 3,398 Bitcoins.
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*ST Taihe: Plans to sell 5.5556% of Kaijun Development for 20.4242 million yuan.

Jin10 data reported on May 30th, ST Taihe announced that the company intends to transfer 6.0606 million shares of Kaiyun Development, which accounts for 5.5556% of its total shares, to Kaide Assets, with a total transfer price of 20.4242 million RMB. After the completion of this share transfer, the company will no longer hold shares in Kaiyun Development. This share transfer is mainly based on the company's current development plan, which is beneficial for integrating and optimizing the company's asset structure, improving the liquidity and efficiency of the company's assets, and also increasing operating funds to improve the company's cash flow situation.
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Fengler: Suspension of trading for control change planning

Jin10 reported on May 30 that Filinger announced that due to the actual controller Mr. Ding Furu planning a significant matter, this matter may lead to a change in the company's control. The company's stock will be suspended from trading starting June 3, 2025, for no more than 2 trading days.
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INJ falls below $14

Golden Finance reports that the market shows INJ has fallen below 14 dollars, currently reported at 13.99 dollars, with a 24-hour decline of 4.77%. The market fluctuation is significant, please ensure proper risk control.
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James Wynn: I don't regret opening a large position and will focus on building a community around moonpig

Whale James Wynn shared his experiences of earning huge profits and losses in Futures Trading on social media, expressing excitement and thrill about such trades. He doubled $4 million to $100 million, then fell to $13 million. He plans to invest time in helping to build a community centered around $moonpig. However, in the past 7 days, he has lost over $96 million, with a loss of $11.59 million in the last 24 hours, and an overall account loss of $14.03 million.
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Ethereum Foundation EthDev transferred 1000 ETH to an associated Address, approximately 2.6 million USD.

PANews, May 30 - According to monitoring by PeckShieldAlert, the Ethereum Foundation's EthDev has internally transferred 1000 ETH (approximately 2.6 million USD) to the associated address 0xc061...0B6d, which was previously funded by EF1.
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25 suspects in France will stand trial for planning the kidnapping of a Crypto Assets entrepreneur.

The French prosecution announced that 25 suspects will stand trial, accused of planning multiple kidnappings targeting Crypto Assets entrepreneurs. The cases include attacks on the families of the CEO of Paymium, as well as a thwarted kidnapping attempt in the city of Nantes. This has garnered significant attention from the French government, which has pledged to strengthen security measures to prevent similar incidents.
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Trader Eugene: James Wynn may be a positive figure in this circle.

Odaily News Trader Eugene Ng Ah Sio posted on his personal channel that James Wynn may be a positive figure for this circle: 1. Let you see the consequences of messing around with leverage; 2. Helped HYPE with a wave of free advertising; 3. Let me tell you that as long as you are "reclusive" and "foolish," making 100 million dollars is not a dream (of course, don't learn from him to lose back all that you earned).
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BiyaPay Analyst: The Federal Reserve (FED) meeting minutes reveal that inflationary pressures persist, how can investors respond to inflation?

The Federal Reserve (FED) meeting minutes indicate that inflation may persist for a longer period, and the global economic outlook is uncertain. In response to this backdrop, BiyaPay offers diversified investment and fund management tools, supporting multi-asset trading, helping users flexibly adjust their portfolios and diversify risks. In an inflationary environment, BiyaPay’s zero-fee trading and convenient USDT exchange services provide users with more channels for value preservation and appreciation, assisting investors in seizing market opportunities and achieving wealth rise.
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AAVE breaks through $250

Golden Finance reports that the market shows AAVE has broken through $250, currently quoted at $250.01, with a 24-hour fall of 6.96%. The market fluctuation is significant, please exercise risk control.
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