Today
2025/05/30

AAVE falls below $250

Golden Finance reports that the market shows AAVE has fallen below $250, currently priced at $249.98, with a 24-hour decline of 7.28%. The market fluctuation is significant, please ensure proper risk control.
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Abraxas Capital is shorting BTC, ETH, SOL Wallet with 10x leverage and has unrealized gains exceeding 13 million dollars.

According to Gate News bot, monitored by Lookonchain, Abraxas Capital's two wallets on Hyperliquid are shorting BTC, ETH, and SOL with 10x leverage for hedging Spot, currently realizing over 13 million USD in unrealized gains.
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Abraxas Capital achieved a total profit of over $13 million through shorting BTC, ETH, and SOL for spot hedging.

PANews, May 30 - According to monitoring by Lookonchain, Abraxas Capital's two wallets on Hyperliquid have made a total profit of over $13 million through shorting $BTC, $ETH, and $SOL for Spot hedging, with a leverage of 10 times.
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A certain Whale has turned a profit of $27.88 million into a loss of $206,000 within 5 days, currently holding about $9.06 million HYPE and has staked.

PANews, May 30 – According to monitoring by Onchain Lens, a Whale closed all long positions within 5 days, turning a profit of $27.88 million into a loss of $206,000. Among these, the Whale lost $13.57 million in $BTC trading but made profits of $7.79 million through $HYPE and $FARTCOIN trading respectively. Currently, the Whale holds 281,939 $HYPE (approximately $9.06 million) and has already invested in stake.
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If BTC fails to hold the $105,000 level, XRP may retest the $2 level.

According to VeloData, the XRP open interest (OI) position has decreased by $140 million in the past 17 hours due to today's market crash. The overall decline in the cryptocurrency market has caused the XRP price to return to the key support level of $2.139. Considering that the support level was the highest in trading on May 4th and led an 18% rally, a retest of the level could provide a solid support level. Absorbing the selling pressure in this area could lead to the formation of a bottom here.
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A whale closed all long orders, turning a profit of 27.88 million USD into a loss within 5 days.

Gate News bot reports that Onchain Lens has detected that a Whale closed all long positions, and in less than five days, profits plummeted from 27.88 million USD to a loss of 206,000 USD. This Whale lost 13.57 million USD on $BTC but made a profit of 7.79 million USD on HYPE and FARTCOIN. Currently, this Whale has 281,939 HYPE (worth 9.06 million USD) staked.
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A Whale withdrew nearly $4 million in KAI from CEX and staked it all within 8 hours.

Gate News bot message, according to Ai Yi's monitoring, Whale / institution 0xB8C...dC1dc withdrew 1.79 million KAITO (approximately 3.99 million USD) from CEX in the past 8 hours, and then deposited them all into Kaito for staking. In addition, the funds of this address had multiple interactions with Continue Capital upstream.
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Spot gold fell below $3290/oz, down 0.83% for the day.

BlockBeats news, on May 30, Spot gold fell short-term by 4 dollars, breaking below 3290 dollars/ounce, a daily drop of 0.83%. (Jin10)
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The current mainstream CEX and DEX funding rates indicate that the market is in a bearish trend.

On May 30, news shows that the current cryptocurrency market is in a bearish trend, with the funding rates of mainstream tokens on CEX and DEX platforms showing a downward trend. The funding rate is the rate that maintains the balance between the contract price and the underlying asset price, applicable to Perptual Futures, where greater than 0.01% indicates bullish sentiment, and less than 0.005% indicates bearish sentiment.
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ether.fi Foundation: 101 ETH were used to buy back ETHFI this week.

Gate News bot message, the ether.fi foundation stated on social media that this week, 101 ETH (267,000 USD) of revenue will be used for ETHFI buyback, and the buyback execution update will be released soon.
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Whale James Wynn's Bitcoin long order unrealized losses have expanded to 4 million USD, with a liquidation price of 104,610 USD.

BlockBeats news, on May 30, according to HypurrScan data, the 40x Bitcoin long order of Whale James Wynn has now expanded to unrealized losses of 4 million USD. The specific holdings situation is as follows: Total position value: 178.34 million USD Entry price: 107,993.1 USD Liquidation price: 104,610 USD.
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Kamino Season 4 is about to launch, and a new incentive mechanism will be trialed.

Gate News bot announcement, the Solana on-chain DeFi project Kamino announced on social media that Season 4 is about to begin, and Kamino points will no longer be the only rewards mechanism. In addition, the Season 3 claim portal is now live. It is introduced that Season 4 will adopt a fixed duration and fixed KMNO distribution, and these two policies will be announced in the coming days. Season 4 will trial a brand new incentive mechanism, and the rewards structure aims to promote the rise of various product verticals, including: -Kamino Lend V2 -Kamino RWA -Kamino Swap -Kamino Multiply
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Analysis: Bitcoin may have a "healthy correction" near $106,000, and institutions are bullish on the outlook

The price of bitcoin has consolidated after its recent surge and is still hovering around $106,000. The Derive founders see this as a healthy correction, not a bearish signal. The rejection of Trump's tariff decision helped ease inflation fears, and the market focused on the Fed's interest rate decision on June 18. Researchers predict bitcoin to reach a high of $220,000 to $330,000, and traders believe the target for 2025 is $220,000. Institutional exposure has expanded, and in 2025, there may be a "surprise performance" due to favorable regulation and institutional entry.
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The RWA stablecoin sUSD has been extended to the Base network via Wormhole NTT.

According to BlockBeats, on May 30, Solayer's RWA stablecoin sUSD has been expanded to the Base network through Wormhole NTT, achieving native multi-chain support. With NTT, the token can reduce liquidity fragmentation while maintaining control over token ownership, metadata, and upgrade capabilities.
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Gate Alpha launches GOCHU, limited-time sharing of GOCHU Airdrop

Gate Alpha platform has launched Gochujangcoin (GOCHU) and has initiated a limited-time Airdrop activity. During the event, users can receive rewards by completing their first transaction or trading GOCHU, with a total prize pool of 4,297,378,599 GOCHU. Points rewards can also participate in the points ranking, sharing a prize pool of $300,000.
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Analysts believe that Bitcoin will pump again after a healthy consolidation around $106,000.

Nick Forster, founder of on-chain options protocol Derive, said: "While the recent rise in the price of Bitcoin above $111,000 is worth watching, the current price action suggests that it is in a consolidation phase rather than an imminent breakout. Forster believes that the consolidation phase could be a "healthy break" before a new round of "big gains", which will give "the market time to digest recent gains and prepare for the next phase". It is uncertain how the next phase may develop. Bitcoin researcher Sminston With said BTC could rise by 100% to 200%, with a cycle peak between $220,000 and $330,000. Meanwhile, crypto trader Apsk32 said that a more reasonable goal for BTC to reach $220,000 in 2025 is to do so. Forster said the U.S. Court of International Trade ruled on May 28 to prevent Trump from exceeding his authority to impose sweeping tariffs, which means "immediate concerns about trade-induced inflation have been alleviated." However, the Court of Appeals for the Federal Circuit ruled on May 29 that Trump could temporarily continue his tariff regime under the Emergency Powers Act while appealing the Trade Court's ruling. Forster added that the Fed's next interest rate decision, which will be made on June 18, will be "critical".
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DCG Survey: Nearly three-quarters of U.S. respondents prefer Decentralization AI

Gate News bot News, based on a survey conducted by the cryptocurrency venture capital firm Digital Currency Group (DCG) commissioned to Harris Polling Company, shows that nearly three-quarters of surveyed Americans believe that decentralized artificial intelligence is more likely to drive innovation and progress than centralized artificial intelligence. This survey, released on May 29, targeted 2,036 Americans aged 18 and older, and the results showed that 56% support decentralized artificial intelligence, while 77% believe that decentralized artificial intelligence is "more beneficial to society as a whole." DCG Policy Vice President Julie Stitzel stated, "Three-quarters of Americans believe that if the transformative power of artificial intelligence is not monopolized by a few giants, it will benefit more people."
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Former government efficiency department employee: DOGE is likely to collapse after Musk's departure.

After Tesla CEO Musk ended his special government employee identification, former employees from the government efficiency department revealed that the enhancement project he led may be stalled. The original commitment for DOGE was to cut $2 trillion in spending, but only $175 billion was actually saved, indicating a statistical data gap. Software engineer Ravindran predicted that DOGE would "pump the brakes," believing its appeal stems from Musk and expecting employees to gradually stop showing up to work.
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Paris Saint-Germain Football Club announces the adoption of a Bitcoin financial strategy.

Gate News bot message, European football club Paris Saint-Germain (PSG) announced that it will include Bitcoin in its balance sheet, marking the club as the first sports entity to disclose a Bitcoin financial strategy. The international club, which has over 550 million fans worldwide, announced the news at the Bitcoin 2025 conference held in Las Vegas. PSG Labs head Pär Helgosson stated that the club's focus is on "future development direction," "just like Bitcoin."
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James Wynn has lost nearly 100 million dollars in a week, with 40x leverage long order on BTC close to liquidation.

Gate News bot reports that well-known trader James Wynn's high-leverage BTC position seems difficult to maintain, with his losses nearing $100 million over the past week. Data from Hyperdash shows that Wynn's Margin utilization rate is close to 100%, which will lead to his Position being fully liquidated, even though Wynn recently deposited $376,000 to bolster his defenses. The trader, known for making aggressive bets under the alias "moonpig", currently holds approximately 1,690 BTC in long positions, valued at about $178.78 million. On-chain data indicates that Wynn's 40x leverage BTC long position currently has unrealized losses of about $3.5 million, with a negative yield of 77%.
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FLOCK pump突破0.14 USDT,rise幅超60%

Odaily News The market shows that FLOCK has pumped above 0.14 USDT, with an increase of over 60%, currently priced at 0.131 USDT.
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Ethereum Foundation researchers warn that Bitcoin's fee structure could jeopardize its long-term security.

Gate News bot news, Ethereum Foundation researcher Justin Drake has raised concerns about the long-term security of Bitcoin (BTC). In a detailed article on May 29, he pointed out that the persistently low transaction fees on the Bitcoin network may make it increasingly vulnerable to 51% attacks. Drake believes that Bitcoin's fee structure has failed to evolve in sync with the Halving plan. Although three Halving events over the past eight years have reduced the Block Reward, the rise in transaction fees has not been sufficient to offset this decline. He also questioned the long-held assumption that fees would naturally increase and eventually replace Block Rewards, while denying that the soaring price of Bitcoin could solve this problem.
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Synthetix: The sUSD staking requirement for debt forgiveness participants has been increased to 20% to drive the sUSD back to its peg.

Synthetix strengthens the sUSD peg through the SCCP-409 proposal, raising the sUSD staking requirement for debt relief participants to 20%, prompting sUSD to recover to $1.00. Please note the change in staking requirements; those who do not meet them will have their debt relief suspended. Additionally, treasury buybacks, liquidity incentives, and Infinex activities will be implemented to support this initiative.
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Synthetix will restore the sUSD peg to 1 USD, which will increase the collateral requirement for the 420 pool.

Odaily News Synthetix announced that its stablecoin sUSD will restore to the target of 1 USD, and starting from June 2 at 23:59 UTC, SNX debt collateralizers will be required to increase the collateral ratio of sUSD in pool 420 from 10% to 20%, otherwise, the debt exemption will be suspended. Previously, due to user dumping, sUSD once fell to 0.70 USD. The official stated that restoring the peg will help advance the SIP-420 proposal and the subsequent v4 contract deployment on the Ethereum Mainnet.
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Musk: xAI has not yet signed a Grok-related protocol with Telegram.

Gate News bot message, Elon Musk recently stated that xAI has not yet signed a distribution protocol for the Grok large language model with Telegram, despite Telegram founder Pavel Duvov announcing this news earlier the same day. Duvov wrote that he and Musk "agreed to a one-year cooperation agreement," which would embed Grok in all Telegram applications and provide the chat platform with "$300 million in cash and equity," as well as half of the subscription revenue from every Grok sold through Telegram. Musk replied a few hours later on X, stating, "No agreements have been signed yet." Duvov acknowledged this and stated that both parties "have reached a consensus in principle," but the specific procedures are yet to be completed.
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The Philippine company Funnull has been sanctioned by the United States for allegedly committing a $200 million encryption scam.

Gate News bot news: The U.S. has imposed sanctions on a Philippine digital infrastructure provider accused of assisting in a large-scale cryptocurrency eyewash scheme that resulted in over $200 million in losses for American victims. The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) announced on Thursday that it has placed Funnull Technology and its manager Liu Lizhi on the sanctions list due to their association with Pig-butchering scams.
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A shooting incident occurred in Thailand, resulting in 3 deaths.

Jin10 reported on May 30 that a shooting incident occurred in Suphan Buri Province, Thailand, where a man armed with a gun caused 3 deaths and 1 injury.
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Encryption KOL Evaluation James Wynn Get Liquidated: Money comes easily, and it goes easily.

Gate News bot message, the crypto KOL scooter (@imperooterxbt), who was involved in exposing the LIBRA scandal, commented on social media about James Wynn's large high-leverage long order being partially liquidated, stating: "James Wynn is a typical example of why most scammers and rug pullers eventually lose everything. They have never experienced the value of earning money honestly and have never truly understood the effort required to make money. What comes easy goes easy."
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A Whale withdrew 37.42 million NEIRO from CEX, worth 3.08 million dollars.

Gate News bot report, according to Onchain Lens monitoring, a Whale withdrew 37.42 million NEIRO from a CEX, worth 3.08 million USD. In the past 5 days, this Whale has withdrawn a total of 58.30 million NEIRO, worth 4.64 million USD.
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Analysis: The US will announce the PCE index tonight, and the Federal Reserve's window for interest rate cuts may be closing.

The United States will announce the Personal Consumption Expenditures Price Index, with the April PCE price index expected to increase by only 0.1% month-on-month and a year-on-year growth rate falling to 2.2%. The core PCE month-on-month growth rate is expected to be 0.1%, with the year-on-year growth rate remaining at 2.6%. The inflation effects of the tariffs imposed by the Trump administration are beginning to show, and inflation may rebound to 3%. The Federal Reserve (FED) may pause interest rate cuts, with the market's probability of a rate cut in September dropping to 47%, as the economy may face new challenges in an inflation cycle.
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AI travel company Webus International plans to raise $300 million and establish an XRP reserve.

Gate News bot news, artificial intelligence travel company Webus International announced on May 29 that it plans to raise up to $300 million through non-equity financing and invest these funds into XRP reserves to support its global driver service Payment Network. The company stated that it might utilize existing cash, commercial bank loans, shareholder guarantees, and institutional credit lines to raise reserves without the need for issuance of new shares.
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Bloomberg analysts predict that Meta will be the next large company to adopt Bitcoin.

Gate News bot news, Bloomberg senior ETF analyst Eric Balchunas recently pointed out that the actions of a "Big Boy" company will prove that it is reasonable for corporate finance departments to adopt this asset. He also added that it seems "inevitable" for large listed companies to include Bitcoin in the current cycle. He mentioned that the signal effect of a single company like Meta or Microsoft getting on board may surpass that of all smaller companies combined, as institutional investors tend to follow the financial policies of these companies. In addition, this analyst listed Meta as a potential pioneer. When asked why Tesla's entry in 2021 did not reach the same threshold, Balchunas responded that the company "does not count" in the current cycle, as it has not increased its holdings since the last bull run.
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The Bank of England policymakers downplayed inflation risks while calling for interest rate cuts.

Bank of England committee member Taylor downplayed inflation and growth data, calling for interest rate cuts to alleviate economic pressure. He pointed out that the surge in inflation is due to short-term factors and expressed concerns about the impact of the Trump trade war on the economy. Taylor supports a more accommodative monetary policy, believing that the global situation increases downside risks and that Trump's tariff policy will weigh on economic growth.
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Solayer launches development network InfiniSVM Devnet

Solana re-staking platform Solayer has launched InfiniSVM Devnet, supporting over 1 million TPS and millisecond-level transaction confirmations. InfiniSVM is compatible with the Solana Virtual Machine (SVM), allowing developers to migrate applications and use Solana tools for development and testing.
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UBS: AI may continue to drive long-term stock performance

UBS Global Wealth Management predicts that global AI spending will continue to rise, reaching $360 billion by 2025 and increasing to $480 billion by 2026. Strong performance in cloud business has narrowed the gap between AI spending and commercialization, and the increasing adoption of AI across industries and enterprises supports this trend. UBS recommends balancing exposure between semiconductor and software stocks to hedge against market Fluctuation.
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Michael Saylor calls Bitcoin "perfect capital" and emphasizes the importance of Compliance.

Gate News bot news, Strategy co-founder and Executive Chairman Michael Saylor urged investors to continue investing in Bitcoin, pointing out that market Compliance is crucial for companies seeking to leverage Bitcoin. On Thursday, Saylor spoke at the Bitcoin 2025 conference held in Las Vegas, stating that Bitcoin represents the ultimate form of capital. Saylor also emphasized the importance of Compliance, saying, "You should build the best company you can within the framework of market rules."
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90% Sui validators voted in favor of the Cetus security incident recovery plan proposal.

Gate News bot message, the Sui community has voted to approve the proposal to support the recovery plan for the recent Cetus hacker attack incident. The Sui Foundation stated that over 90% of the voting validators support the recovery plan, leading to the vote being concluded early in just four days. The proposal approved updates to the protocol, allowing the frozen funds controlled by the hacker to be transferred to a Multi-signature Wallet. Trusted parties such as Cetus, the Sui Foundation, and OtterSec will be responsible for managing this wallet, with the aim of safeguarding the protected assets for delivery to the affected users according to the recovery plan.
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Movement: The airdrop eligibility issue has been resolved, and users can now recheck and claim.

Odaily News Move Industries Foundation announced that the MoveDrop Airdrop qualification issue has now been resolved. Community members who were previously misjudged as witches/malicious actors can now visit the claims page at claims.movementnetwork.xyz to check their eligibility and claim their airdrop.
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Opinion: James Wynn has never truly experienced the effort required to make money, so money comes easily and goes easily.

On May 30, well-known figure in the encryption field scooter criticized James Wynn's failed high-leverage operation, pointing out that most fraudsters eventually fail due to a lack of the concept and effort of honest profit.
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The Ethereum Foundation mortgaged ETH on Aave to borrow $2 million GHO.

Gate News bot news, the Ethereum Foundation (EF) used wrapped ETH (wETH) as collateral on the Aave protocol to borrow $2 million worth of GHO stablecoin. Marc Zeller, founder of the Aavechan Initiative, shared this development on May 29, noting that the Foundation's use of GHO aligns with Aave's core value proposition, allowing ETH holders to unlock liquidity without closing positions. According to DeFillama data, Aave is the dominant DeFi lending protocol on Ethereum, with a Total Value Locked (TVL) exceeding $43 billion. GHO is Aave's native over-collateralized stablecoin, currently with a Circulating Supply of $249 million.
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The US Ethereum Spot ETF had a net inflow of $91.9 million yesterday, marking a continuous net inflow for 9 days.

Gate News bot message, Farside Investors data shows that yesterday (May 29) the net inflow of Ethereum Spot ETF in the United States was 91.9 million USD, marking a net inflow for 9 consecutive trading days, with BlackRock ETHA net inflow of 50.4 million USD and FET net inflow of 38.3 million USD.
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Ripple's acquisition target Hidden Road launches Crypto Assets OTC swap trading services in the United States.

PANews May 30 news, according to Cointelegraph, Ripple's acquisition target Hidden Road has launched a Crypto Assets OTC Swap trading service in the United States, allowing institutional investors to conduct Block Trading with cash Settlement. The service is operated by a UK FCA regulated entity and covers various mainstream Crypto Assets. Ripple announced in April 2025 that it would acquire Hidden Road for $1.25 billion, Hidden
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Ripple's $1.25 billion acquisition of Hidden Road launches an over-the-counter Crypto Assets swap product in the US.

Gate News bot news, Ripple's newly acquired major broker Hidden Road has announced the launch of a new OTC Trading Crypto Assets swap product aimed at U.S. institutional investors. This service allows U.S. institutions to privately trade cash-settled Crypto Assets swap products of various digital assets. These transactions take place over-the-counter, thereby dropping market impact and providing greater flexibility for large trades. This product will be offered by Hidden Road Partners CIV UK Ltd., which is regulated by the UK's Financial Conduct Authority (FCA).
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Yesterday, the net inflow of Ethereum spot ETF in the United States was 91.9 million dollars.

According to BlockBeats news on May 30, monitored by Farside Investors, the net inflow into the US Ethereum Spot ETF yesterday was 91.9 million USD, with BlackRock ETHA having a net inflow of 50.4 million USD and Fidelity FET having a net inflow of 38.3 million USD.
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Australia's Monochrome Spot Bitcoin ETF Holdings rise to 666 BTC

According to a report by Jinse Finance, as of May 29, the holdings of the Australian Monochrome Spot Bitcoin exchange-traded fund (IBTC) have risen to 666 BTC, with a market capitalization reaching approximately 111 million AUD.
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Data: Bitcoin Spot ETF had a total net outflow of 359 million USD yesterday, ending a 10-day streak of net inflows.

Yesterday, the total net outflow of Bitcoin Spot ETF was $359 million, with Blackrock ETF IBIT recording the highest single-day net inflow of $125 million, bringing the historical total net inflow to $49 billion; Fidelity ETF FBTC had a single-day net outflow of $166 million, with a historical total net inflow of $11.62 billion. The total net asset value of Bitcoin Spot ETF is $128.127 billion, with a net asset ratio of 6.07%, and a historical cumulative net inflow of $44.985 billion.
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The US Bitcoin Spot ETF saw a net outflow of $346.8 million yesterday, with only BlackRock's IBIT experiencing a net inflow of $125.1 million.

Gate News bot news, Farside Investors data shows that yesterday (May 29), the net outflow of Bitcoin Spot ETF in the United States was $346.8 million, with only BlackRock's IBIT showing a net inflow of $125.1 million, while other ETFs had net outflows/zero inflows: FBTC had a net outflow of $166.3 million, and GBTC had a net outflow of $107.5 million.
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The US Spot Bitcoin ETF had a net outflow of 346.8 million USD yesterday.

Golden Finance reports that, according to Trader T's monitoring, the US Spot Bitcoin ETF saw a net outflow of $346.8 million yesterday.
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The China Securities Convertible Bond Index fell 0.03% at noon, reporting 428.92 points.

Jin10 data reported on May 30, the Wind convertible bond equal-weight index fell by 0.41%, closing at 204.01 points. Among them, Zhongqi Convertible Bond, Limin Convertible Bond, Jingzhuang Convertible Bond, Xiaoming Convertible Bond, and Hangyang Convertible Bond had the largest gains, rising by 8.24%, 6.49%, 4.82%, 3.52%, and 3.30%, respectively. Zhengyu Convertible Bond, Yanggu Convertible Bond, Fuxin Convertible Bond, Henghui Convertible Bond, and Jingda Convertible Bond had the largest declines, falling by 5.35%, 5.33%, 4.69%, 4.51%, and 4.34%, respectively.
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The U.S. Treasury Department sanctions Funnull, a company linked to pig-butchering scams in the Philippines, with two addresses frozen by Tether and Circle.

Gate News bot reported that according to MistTrack monitoring, on May 29, the U.S. Treasury imposed sanctions on the Philippine company Funnull for its involvement in Pig-butchering scams. Tether and Circle froze two related addresses: -0xd5ed34...ed510 (frozen 17,594.75 USDT) -TNmRfn...t8 (frozen 2,361 USDT)
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James Wynn 40x leverage BTC long order unrealized losses of 3.4 million USD

Gate News bot reports that according to Nansen monitoring data, the well-known trader James Wynn holds a 40x BTC long positions worth 178 million dollars, with unrealized losses of 3.4 million dollars.
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