BlockBeatNews

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)

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.

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.

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.

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.

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.

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.

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.

The first round of minting activities for the F1 Red Bull Racing Team's digital collectible series IN THE MOMENT has concluded, with a total of 1 million collectibles minted, attracting over 200,000 users to participate. The second round of minting will start on July 4, featuring new card designs, collaborations with invited artists, and a variety of rich prizes.

BlockBeats news, on May 30, Placeholder partner Chris Burniske posted on social media, stating, "Don't mistake small pullbacks as the end of the market; the overall risk/reward structure remains good."

According to BlockBeats, on May 30, HypurrScan data showed that a certain holder was reverse copy trading James Wynn, holding unrealized gains of $4.04 million in BTC short orders and $1.566 million in ETH short orders, totaling over $5.6 million. Earlier reports indicated that this trader made a profit of $5.6 million within three days, while James Wynn denied any connection to this profitable account, stating that he only operates using the public HyperLiquid account.

BlockBeats news, on May 30, according to on-chain analyst Yu Jin's monitoring, the Hyperliquidity Provider (HLP) made a profit of $530,000 by liquidating James Wynn's position worth $100 million.

According to BlockBeats news on May 30, monitoring by Lookonchain showed that the Whale James Wynn was liquidated for 949 Bitcoins (approximately 99.3 million USD) when Bitcoin fell below 105,000 USD. He lost more than 99 million USD within a week.

BlockBeats news, on May 30, Simon Gerovich, CEO of the Japanese listed company Metaplanet, posted a photo with Strategy founder Michael Saylor on X and stated, "Bitcoin will rise to 1 million dollars."