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On May 26, according to official news, the QVAC team under Tether announced that the first official QVAC hackathon is about to begin, focusing on building real edge AI applications using @qvac/sdk: supporting device-side inference, fully open-source, and no cloud required. The competition features four tracks, each with cash prizes, and a grand champion award, with a total prize pool of $21,000. Submissions will be open from June 1 to June 22, with the winners announced on July 3.

[QVAC Team of Tether to Launch First AI Hackathon]On May 26, according to official news, the QVAC team under Tether announced that the first official QVAC hackathon is about to begin, focusing on building real edge AI applications using @qvac/sdk: supporting device-side inference, fully open-source, and no cloud required. The competition features four tracks, each with cash prizes, and a grand champion award, with a total prize pool of $21,000. Submissions will be open from June 1 to June 22, with the winners announced on July 3.

QVAC Team of Tether to Launch First AI Hackathon

On May 26, according to HTX market data, Bitcoin briefly fell below $77,000, currently reported at $77,091, with a 24-hour decline of 0.77%.

[Bitcoin Briefly Drops Below $77,000]On May 26, according to HTX market data, Bitcoin briefly fell below $77,000, currently reported at $77,091, with a 24-hour decline of 0.77%.

Bitcoin Briefly Drops Below $77,000

On May 26, the Jerusalem Post reported, citing a diplomatic correspondent from Israeli i24 Channel, that US officials denied that the United States has resumed escort ships and the 'Freedom Plan' in the Strait of Hormuz.

[US Officials Deny Resumption of Escort Ships and 'Freedom Plan' in Strait of Hormuz]On May 26, the Jerusalem Post reported, citing a diplomatic correspondent from Israeli i24 Channel, that US officials denied that the United States has resumed escort ships and the 'Freedom Plan' in the Strait of Hormuz.

US Officials Deny Resumption of Escort Ships and 'Freedom Plan' in Strait of Hormuz

On May 26, Glassnode reported that the Bitcoin funding rate has once again turned significantly positive. As Bitcoin oscillates around the mid-$75,000 range, traders are increasingly paying premiums to maintain long positions. This change marks a clear reversal in market sentiment compared to the highly bearish position structure observed in April.

[Analysis: Crypto Market Sentiment Significantly Reverses as Traders Pay Premiums to Maintain Long Positions]On May 26, Glassnode reported that the Bitcoin funding rate has once again turned significantly positive. As Bitcoin oscillates around the mid-$75,000 range, traders are increasingly paying premiums to maintain long positions. This change marks a clear reversal in market sentiment compared to the highly bearish position structure observed in April.

Analysis: Crypto Market Sentiment Significantly Reverses as Traders Pay Premiums to Maintain Long Positions

On May 26, The Wall Street Journal reported that U.S. military officials revealed that the U.S. Navy has resumed assisting ships in navigating the Strait of Hormuz. These officials stated that a Greek supertanker, loaded with 2 million barrels of crude oil, received guidance and escort from the U.S. Navy while traversing waters near the coast of Oman. The vessel has been stranded in the Gulf region since early March and is currently en route to India to deliver its cargo. This escort operation marks the restart of the 'Freedom Plan,' an initiative previously launched by the U.S. aimed at guiding ships through this crucial shipping channel, which was suspended about 36 hours after its initiation. Officials indicated that the U.S. Navy plans to assist approximately a dozen vessels, including supertankers and container ships, in navigating these waters in the coming days.

[U.S. Navy Resumes Guidance for Ships Through the Strait of Hormuz]On May 26, The Wall Street Journal reported that U.S. military officials revealed that the U.S. Navy has resumed assisting ships in navigating the Strait of Hormuz. These officials stated that a Greek supertanker, loaded with 2 million barrels of crude oil, received guidance and escort from the U.S. Navy while traversing waters near the coast of Oman. The vessel has been stranded in the Gulf region since early March and is currently en route to India to deliver its cargo. This escort operation marks the restart of the 'Freedom Plan,' an initiative previously launched by the U.S. aimed at guiding ships through this crucial shipping channel, which was suspended about 36 hours after its initiation. Officials indicated that the U.S. Navy plans to assist approximately a dozen vessels, including supertankers and container ships, in navigating these waters in the coming days.

U.S. Navy Resumes Guidance for Ships Through the Strait of Hormuz

According to two direct sources revealed on Tuesday, Elon Musk's Starlink and Amazon's low Earth orbit satellite business may secure a portion of the European mobile satellite spectrum next year. However, they noted that two-thirds of the satellite spectrum will be reserved for European companies, which will allow mobile devices and vehicles to communicate seamlessly even in remote areas. Licenses held by U.S. companies Viasat and EchoStar are set to expire in May 2027, while the European Commission is considering how to allocate future spectrum resources, aiming to reduce reliance on U.S. technology. Insiders stated that in response to Starlink, the EU's IRIS2 multi-orbit satellite constellation, consisting of 290 satellites, will be among the European companies vying for a portion of the spectrum. Companies from the UK and Norway may also bid for the licenses. One of the sources mentioned that details of the proposal, scheduled to be announced on Wednesday, may still change during the committee meeting held that day.

[Insiders: SpaceX's Starlink and Amazon May Participate in EU Mobile Satellite Spectrum Plan]According to two direct sources revealed on Tuesday, Elon Musk's Starlink and Amazon's low Earth orbit satellite business may secure a portion of the European mobile satellite spectrum next year. However, they noted that two-thirds of the satellite spectrum will be reserved for European companies, which will allow mobile devices and vehicles to communicate seamlessly even in remote areas. Licenses held by U.S. companies Viasat and EchoStar are set to expire in May 2027, while the European Commission is considering how to allocate future spectrum resources, aiming to reduce reliance on U.S. technology. Insiders stated that in response to Starlink, the EU's IRIS2 multi-orbit satellite constellation, consisting of 290 satellites, will be among the European companies vying for a portion of the spectrum. Companies from the UK and Norway may also bid for the licenses. One of the sources mentioned that details of the proposal, scheduled to be announced on Wednesday, may still change during the committee meeting held that day.

Insiders: SpaceX's Starlink and Amazon May Participate in EU Mobile Satellite Spectrum Plan

On May 26, according to Coinglass data, if Bitcoin breaks through $80,000, the cumulative short liquidation intensity on major CEX platforms will reach $777 million. Conversely, if Bitcoin falls below $76,000, the cumulative long liquidation intensity on major CEX platforms will reach $634 million. Note from BlockBeats: The liquidation chart does not display the exact number of contracts pending liquidation or the precise value of liquidated contracts. The bars on the liquidation chart actually represent the significance of each liquidation cluster relative to nearby clusters, i.e., intensity. Therefore, the liquidation chart shows the extent to which the underlying price reaching a certain level will be affected. A higher 'liquidation bar' indicates that once the price reaches that point, there will be a stronger reaction due to liquidity waves.

[If Bitcoin Surpasses $80,000, CEX Cumulative Short Liquidation Intensity Will Reach $777 Million]On May 26, according to Coinglass data, if Bitcoin breaks through $80,000, the cumulative short liquidation intensity on major CEX platforms will reach $777 million. Conversely, if Bitcoin falls below $76,000, the cumulative long liquidation intensity on major CEX platforms will reach $634 million. Note from BlockBeats: The liquidation chart does not display the exact number of contracts pending liquidation or the precise value of liquidated contracts. The bars on the liquidation chart actually represent the significance of each liquidation cluster relative to nearby clusters, i.e., intensity. Therefore, the liquidation chart shows the extent to which the underlying price reaching a certain level will be affected. A higher 'liquidation bar' indicates that once the price reaches that point, there will be a stronger reaction due to liquidity waves.

If Bitcoin Surpasses $80,000, CEX Cumulative Short Liquidation Intensity Will Reach $777 Million

On May 26, according to HTX market data, Bitcoin has risen above $78,000, currently priced at $78,023, with a 24-hour increase of 0.58%.

[Bitcoin Rises Above $78,000]On May 26, according to HTX market data, Bitcoin has risen above $78,000, currently priced at $78,023, with a 24-hour increase of 0.58%.

Bitcoin Rises Above $78,000

On May 26, according to The Wall Street Journal, U.S. military officials revealed that the U.S. Navy has resumed assisting vessels in transiting the Strait of Hormuz. These officials stated that a Greek supertanker, loaded with 2 million barrels of crude oil, received guidance and escort from the U.S. Navy while navigating waters near the coast of Oman. The vessel has been stranded in the Gulf region since early March and is currently en route to India to deliver its cargo. This escort operation marks the restart of the 'Freedom Plan,' an initiative previously launched by the U.S. aimed at guiding vessels through this critical shipping channel, which was briefly suspended about 36 hours after its initiation. Officials indicated that the U.S. Navy plans to assist approximately a dozen vessels, including supertankers and container ships, in transiting the area in the coming days.

[U.S. Navy Resumes Guidance for Vessels Transiting the Strait of Hormuz]On May 26, according to The Wall Street Journal, U.S. military officials revealed that the U.S. Navy has resumed assisting vessels in transiting the Strait of Hormuz. These officials stated that a Greek supertanker, loaded with 2 million barrels of crude oil, received guidance and escort from the U.S. Navy while navigating waters near the coast of Oman. The vessel has been stranded in the Gulf region since early March and is currently en route to India to deliver its cargo. This escort operation marks the restart of the 'Freedom Plan,' an initiative previously launched by the U.S. aimed at guiding vessels through this critical shipping channel, which was briefly suspended about 36 hours after its initiation. Officials indicated that the U.S. Navy plans to assist approximately a dozen vessels, including supertankers and container ships, in transiting the area in the coming days.

U.S. Navy Resumes Guidance for Vessels Transiting the Strait of Hormuz

U.S. Congressman Warren Davidson has touted the self-custody of cryptocurrencies as the antidote to crypto exchange FTX’s fraud.  He is pushing for his bill called “Keep Your Coins Act,” which aims to “protect self-custody from misguided attempts to restrict it.”
Congressman Warren Davidson (R-Ohio) has touted crypto self-custody following the collapse of cryptocurrency exchange FTX.

Detail

【US lawmaker: crypto self-custody is antidote to FTX fraud】U.S. Congressman Warren Davidson has touted the self-custody of cryptocurrencies as the antidote to crypto exchange FTX’s fraud.  He is pushing for his bill called “Keep Your Coins Act,” which aims to “protect self-custody from misguided attempts to restrict it.”
Congressman Warren Davidson (R-Ohio) has touted crypto self-custody following the collapse of cryptocurrency exchange FTX.

US lawmaker: crypto self-custody is antidote to FTX fraud

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Article

bill soared to 0.124024 USDT, a new high with a 24-hour increase of -6.17%. It currently trades at 0.102651 USDT on HTX.

US lawmaker: crypto self-custody is antidote to FTX fraud

Disclaimer：The content above does not represent HTX's positions.，HTX does not provide any trading recommendations.。

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