7*24

Hot topic

Market

Activities

On May 31, the Hyperliquid ETF saw a net inflow of $29.6 million on Friday, setting a new historical high. Among this, BHYP had a net inflow of $20.1 million, while THYP recorded a net inflow of $9.5 million. The Hyperliquid ETF has achieved net inflows for 13 consecutive trading days, totaling $136 million. The continuous inflow of funds into the Hyperliquid ETF has driven the strength of HYPE. According to HTX market data, HYPE has increased by over 70% in the past 30 days, currently priced at $68.3.

[Hyperliquid ETF Records 13 Consecutive Days of Net Inflows, Accumulating $136 Million]On May 31, the Hyperliquid ETF saw a net inflow of $29.6 million on Friday, setting a new historical high. Among this, BHYP had a net inflow of $20.1 million, while THYP recorded a net inflow of $9.5 million. The Hyperliquid ETF has achieved net inflows for 13 consecutive trading days, totaling $136 million. The continuous inflow of funds into the Hyperliquid ETF has driven the strength of HYPE. According to HTX market data, HYPE has increased by over 70% in the past 30 days, currently priced at $68.3.

Hyperliquid ETF Records 13 Consecutive Days of Net Inflows, Accumulating $136 Million

On May 31, according to CME's 'Fed Watch' data, the probability of the Federal Reserve maintaining interest rates unchanged until December is 51.8%, while the probability of a cumulative rate cut of 25 basis points is only 0.2%. The probability of a rate hike by the Fed this year has dropped to 48%, with a cumulative rate hike of 25 basis points at 37.9%, a cumulative rate hike of 50 basis points at 9.2%, and a cumulative rate hike of 75 basis points at 0.9%.

[CME Fed Watch: Probability of Fed Rate Hike Drops to 48%]On May 31, according to CME's 'Fed Watch' data, the probability of the Federal Reserve maintaining interest rates unchanged until December is 51.8%, while the probability of a cumulative rate cut of 25 basis points is only 0.2%. The probability of a rate hike by the Fed this year has dropped to 48%, with a cumulative rate hike of 25 basis points at 37.9%, a cumulative rate hike of 50 basis points at 9.2%, and a cumulative rate hike of 75 basis points at 0.9%.

CME Fed Watch: Probability of Fed Rate Hike Drops to 48%

On May 31, according to Defillama data, Polymarket generated $999,000 in revenue over the past 24 hours, surpassing Pump.fun's $848,000, ranking it fifth among crypto protocols. The total revenue of the protocol has exceeded $60 million.

[Polymarket Surpasses Pump.fun in Protocol Revenue Over the Last 24 Hours]On May 31, according to Defillama data, Polymarket generated $999,000 in revenue over the past 24 hours, surpassing Pump.fun's $848,000, ranking it fifth among crypto protocols. The total revenue of the protocol has exceeded $60 million.

Polymarket Surpasses Pump.fun in Protocol Revenue Over the Last 24 Hours

On May 31, the probability of Bitcoin rising to $100,000 this year on Polymarket dropped to 33% (down from 49% on May 10). Additionally, the probability of BTC rising to $90,000 this year is currently reported at 56%, while the probability for a rise to $50,000 stands at 42%.

[Probability of Bitcoin Rising to $100,000 This Year on Polymarket Drops to 33%]On May 31, the probability of Bitcoin rising to $100,000 this year on Polymarket dropped to 33% (down from 49% on May 10). Additionally, the probability of BTC rising to $90,000 this year is currently reported at 56%, while the probability for a rise to $50,000 stands at 42%.

Probability of Bitcoin Rising to $100,000 This Year on Polymarket Drops to 33%

[Polymarket Surpasses Pump.fun in Revenue Over the Last 24 Hours]On May 31, according to Defillama data, Polymarket generated $999,000 in revenue over the past 24 hours, surpassing Pump.fun's $848,000, ranking it fifth among crypto protocols. The total revenue of the protocol has exceeded $60 million.

Polymarket Surpasses Pump.fun in Revenue Over the Last 24 Hours

On May 31, Israeli Defense Minister Katz stated that the Israeli military will maintain a presence at the strategically important Bofor Castle in southern Lebanon as part of the so-called 'security zone' in southern Lebanon. Katz noted that after 26 years since Israel's withdrawal from the 'security zone' in Lebanon, the Israeli flag has been raised again on the heights overlooking the Galilee region. He mentioned that the military has re-established 'control' over Bofor Castle and will continue to be stationed there. Katz also indicated that controlling Bofor Castle and expanding ground military operations sends a 'clear signal' to adversaries, stating that 'anyone threatening Israeli civilians will gradually lose their strategic assets.' (CCTV News)

[Israel to Deploy Troops at Bofor Castle to Establish 'Security Zone' in Southern Lebanon]On May 31, Israeli Defense Minister Katz stated that the Israeli military will maintain a presence at the strategically important Bofor Castle in southern Lebanon as part of the so-called 'security zone' in southern Lebanon. Katz noted that after 26 years since Israel's withdrawal from the 'security zone' in Lebanon, the Israeli flag has been raised again on the heights overlooking the Galilee region. He mentioned that the military has re-established 'control' over Bofor Castle and will continue to be stationed there. Katz also indicated that controlling Bofor Castle and expanding ground military operations sends a 'clear signal' to adversaries, stating that 'anyone threatening Israeli civilians will gradually lose their strategic assets.' (CCTV News)

Israel to Deploy Troops at Bofor Castle to Establish 'Security Zone' in Southern Lebanon

On May 31, the Hyperliquid ETF recorded a net inflow of $29.6 million on Friday, setting a new historical high. Among this, BHYP saw a net inflow of $20.1 million, while THYP had a net inflow of $9.5 million. The Hyperliquid ETF has achieved net inflows for 13 consecutive trading days, totaling $136 million. The continuous inflow of funds into the Hyperliquid ETF has strengthened HYPE. According to HTX market data, HYPE has increased by over 70% in the past 30 days and is currently priced at $68.3.

[Hyperliquid ETF Sees 13 Consecutive Days of Net Inflows, Accumulating $136 Million]On May 31, the Hyperliquid ETF recorded a net inflow of $29.6 million on Friday, setting a new historical high. Among this, BHYP saw a net inflow of $20.1 million, while THYP had a net inflow of $9.5 million. The Hyperliquid ETF has achieved net inflows for 13 consecutive trading days, totaling $136 million. The continuous inflow of funds into the Hyperliquid ETF has strengthened HYPE. According to HTX market data, HYPE has increased by over 70% in the past 30 days and is currently priced at $68.3.

Hyperliquid ETF Sees 13 Consecutive Days of Net Inflows, Accumulating $136 Million

On May 31, according to monitoring by HyperInsight, Loracle has again reduced its HYPE short position by $16 million, leaving a remaining holding of 1.301 million HYPE (worth approximately $89 million), with an unrealized loss exceeding $30 million. On the other hand, Loracle has increased its long positions in ZEC, TON, and ASTER by a total of about $6.5 million, and the positions are still increasing.

[Loracle Reduces HYPE Short Position by $16 Million, Increases Long Positions in ZEC, TON, and ASTER]On May 31, according to monitoring by HyperInsight, Loracle has again reduced its HYPE short position by $16 million, leaving a remaining holding of 1.301 million HYPE (worth approximately $89 million), with an unrealized loss exceeding $30 million. On the other hand, Loracle has increased its long positions in ZEC, TON, and ASTER by a total of about $6.5 million, and the positions are still increasing.

Loracle Reduces HYPE Short Position by $16 Million, Increases Long Positions in ZEC, TON, and ASTER

On May 31, Michael van de Poppe, founder of MN Trading Capital, stated that Bitcoin is currently at a critical position. If it cannot maintain support above $70,000, the price may drop below $65,000. Van de Poppe pointed out that the $71,000 area is the most important support level at present; as long as this area holds, a deeper correction can be avoided. He believes that the current market structure is different from the downturn in February of this year, so he does not expect Bitcoin to hit new lows. Meanwhile, Van de Poppe indicated that if the current support holds, Bitcoin is likely to break through $76,600, which could lead to a strong rally in the altcoin market. Additionally, the spot Bitcoin ETF has seen a net outflow of funds for 10 consecutive trading days, with a total net outflow exceeding $2.97 billion since May 15. However, Santiment's analysis suggests that the ongoing ETF fund outflows may indicate that the market is approaching a temporary bottom.

[Analyst: Bitcoin May Drop Below $65,000 if It Fails to Hold $70,000 Support]On May 31, Michael van de Poppe, founder of MN Trading Capital, stated that Bitcoin is currently at a critical position. If it cannot maintain support above $70,000, the price may drop below $65,000. Van de Poppe pointed out that the $71,000 area is the most important support level at present; as long as this area holds, a deeper correction can be avoided. He believes that the current market structure is different from the downturn in February of this year, so he does not expect Bitcoin to hit new lows. Meanwhile, Van de Poppe indicated that if the current support holds, Bitcoin is likely to break through $76,600, which could lead to a strong rally in the altcoin market. Additionally, the spot Bitcoin ETF has seen a net outflow of funds for 10 consecutive trading days, with a total net outflow exceeding $2.97 billion since May 15. However, Santiment's analysis suggests that the ongoing ETF fund outflows may indicate that the market is approaching a temporary bottom.

Analyst: Bitcoin May Drop Below $65,000 if It Fails to Hold $70,000 Support

According to Cointelegraph, Hester Peirce, the Securities and Exchange Commission Commissioner has backed a regulatory framework for stablecoins that allows "room for there to be failure." Speaking at an online panel on May 12 hosted by financial think-tank OMFIF Peirce, who has long been an advocate for crypto, was asked to shed light on the actions being taken by U.S. regulatory bodies in regard to cryptocurrency. “One place we might see some movement is around stablecoins,” Peirce answered, “that's an area that has gotten a lot of attention this week. There's a lot of stablecoin use and therefore people are thinking down the road, if this gets even bigger do we want to have some kind of regulatory framework?" Peirce said she’s urged the SEC to use its regulatory powers to provide exemptions to particular technologies which she says would allow for important experimentation. She said: “We need to allow room for there to be failure because that obviously is part of trying new things and our framework really does allow for that kind of trial and error. I hope that we will use it for that purpose.”

Detail

【SEC's Hester Peirce says new stablecoin regs need to allow room for failure】According to Cointelegraph, Hester Peirce, the Securities and Exchange Commission Commissioner has backed a regulatory framework for stablecoins that allows "room for there to be failure." Speaking at an online panel on May 12 hosted by financial think-tank OMFIF Peirce, who has long been an advocate for crypto, was asked to shed light on the actions being taken by U.S. regulatory bodies in regard to cryptocurrency. “One place we might see some movement is around stablecoins,” Peirce answered, “that's an area that has gotten a lot of attention this week. There's a lot of stablecoin use and therefore people are thinking down the road, if this gets even bigger do we want to have some kind of regulatory framework?" Peirce said she’s urged the SEC to use its regulatory powers to provide exemptions to particular technologies which she says would allow for important experimentation. She said: “We need to allow room for there to be failure because that obviously is part of trying new things and our framework really does allow for that kind of trial and error. I hope that we will use it for that purpose.”

SEC's Hester Peirce says new stablecoin regs need to allow room for failure

Bitcoin Spot ETFs Bleed $1.26 Billion In Largest Net Outflows In 3 Months – Details

Microsoft to Discontinue Using Claude: Too Expensive, or a Calculated Move?

NeoCloud Three Giants: NBIS, IREN, CRWV – Which One Has More Investment Value?

US Spot Bitcoin ETFs Near Yearly Outflow Territory

New York Lawsuit Takes Aim At 3.79 Million Dormant Bitcoin

Galxe: How a Quest Platform Evolved into Web3's Growth Infrastructure

Eric Trump Sets A “Beyond Catastrophic” Bar To Sell Bitcoin — How Far Are We From That?

Investors Frantically Snap Up AI Firms with 'No Profits': A High-Stakes Gamble on 'the Right to Define the Future'

The 'Stock Call King' Serenity: 3840% Annual Return, Beating Institutions to the Punch

Retail Investors' 'Lead Brother' Serenity vs. Newly Minted Stock God Leopold: How Are the Two Top Hunters Mining AI's 'Physical Limits'?

Article

BTC breaks through 74000 USDT

SEC's Hester Peirce says new stablecoin regs need to allow room for failure

Descargo de responsabilidad：El contenido anterior no representa las posiciones de HTX.，HTX no ofrece ninguna recomendación de trading.。

Artículos relacionados

Todos los comentarios0Lo más recientePopular

Temas populares

Artículos relacionados