7*24

Hot topic

Market

Activities

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

On May 31, during the opening speech of the first session of the third year of the 12th Parliament, Iranian Parliament Speaker Ghalibaf stated that diplomats have no trust in the enemy's words and promises. The only criterion for Iran is the objective tangible results that must be achieved, and based on this, Iran will fulfill its corresponding commitments. Iran will never approve any agreement until the legitimate rights of the Iranian people are fully guaranteed. (CCTV News)

[Iranian Parliament Speaker: No Agreement Will Be Approved Until Iranian People's Rights Are Guaranteed]On May 31, during the opening speech of the first session of the third year of the 12th Parliament, Iranian Parliament Speaker Ghalibaf stated that diplomats have no trust in the enemy's words and promises. The only criterion for Iran is the objective tangible results that must be achieved, and based on this, Iran will fulfill its corresponding commitments. Iran will never approve any agreement until the legitimate rights of the Iranian people are fully guaranteed. (CCTV News)

Iranian Parliament Speaker: No Agreement Will Be Approved Until Iranian People's Rights Are Guaranteed

On May 31, during the opening speech of the first session of the third year of the 12th Parliament, Iranian Parliament Speaker Ghalibaf stated that the diplomats have no trust whatsoever in the enemy's words and promises. The only criterion for Iran is the objective tangible results that must be achieved, and based on this, Iran will fulfill its corresponding commitments. Iran will never approve any agreement until the legitimate rights of the Iranian people are fully guaranteed. (CCTV News)

[Iranian Parliament Speaker: No Agreement Will Be Approved Until Iranian People's Rights Are Guaranteed]On May 31, during the opening speech of the first session of the third year of the 12th Parliament, Iranian Parliament Speaker Ghalibaf stated that the diplomats have no trust whatsoever in the enemy's words and promises. The only criterion for Iran is the objective tangible results that must be achieved, and based on this, Iran will fulfill its corresponding commitments. Iran will never approve any agreement until the legitimate rights of the Iranian people are fully guaranteed. (CCTV News)

On May 31, the Vietnamese Ministry of Finance proposed allowing small and medium-sized enterprises (SMEs) to use digital assets, virtual assets, and intellectual property as collateral for bank loans to expand financing channels for businesses. According to the draft revised Law on Support for Small and Medium Enterprises, which is currently open for public consultation, businesses will be able to use digital assets, virtual assets, intangible assets, intellectual property, and assets that may be formed in the future as loan collateral. The Ministry of Finance stated that SMEs and individual business households account for over 98% of the total number of enterprises in Vietnam, yet their loan balance only represents about 20% of the total bank credit in the country. Notably, Vietnam is accelerating the regulation of the cryptocurrency industry. In March of this year, Vietnam opened the application process for local cryptocurrency exchange licenses and plans to launch the first regulated cryptocurrency market as early as the third quarter of 2026.

[Vietnam Proposes Allowing SMEs to Use Digital Assets as Loan Collateral]On May 31, the Vietnamese Ministry of Finance proposed allowing small and medium-sized enterprises (SMEs) to use digital assets, virtual assets, and intellectual property as collateral for bank loans to expand financing channels for businesses. According to the draft revised Law on Support for Small and Medium Enterprises, which is currently open for public consultation, businesses will be able to use digital assets, virtual assets, intangible assets, intellectual property, and assets that may be formed in the future as loan collateral. The Ministry of Finance stated that SMEs and individual business households account for over 98% of the total number of enterprises in Vietnam, yet their loan balance only represents about 20% of the total bank credit in the country. Notably, Vietnam is accelerating the regulation of the cryptocurrency industry. In March of this year, Vietnam opened the application process for local cryptocurrency exchange licenses and plans to launch the first regulated cryptocurrency market as early as the third quarter of 2026.

Vietnam Proposes Allowing SMEs to Use Digital Assets as Loan Collateral

HTX data monitoring shows that TRX has broken through 0.35 USDT, currently reported at 0.3504 USDT, with a 24H increase of 2.25%.

【TRX breaks through 0.35 USDT】HTX data monitoring shows that TRX has broken through 0.35 USDT, currently reported at 0.3504 USDT, with a 24H increase of 2.25%.

TRX breaks through 0.35 USDT

On May 31, news emerged that Kyle Samani, former co-founder of Multicoin and chairman of Forward Industries (FORD), has become Hyperliquid's top "critic." His main argument is that "Hyperliquid lacks genuine technological innovation and relies solely on temporary regulatory arbitrage to gain traction; no legitimate U.S. company will collaborate with them." Today, Kyle issued a betting challenge to the community, predicting that Hyperliquid will be unable to launch a U.S. compliant front end in the short term. In response, a community member expressed willingness to invest $1 million, forecasting that Hyperliquid could launch a U.S. compliant front end within three years. Kyle replied that within three years, Hyperliquid might establish Hyperliquid US through the acquisition of DCO and DCM, adopting a compliance strategy similar to Polymarket while also advancing technology to pass decentralized testing. Therefore, Kyle declined the three-year betting deadline. Note: DCM (Designated Contract Market) refers to a regulated exchange similar to traditional futures exchanges. DCO (Derivatives Clearing Organization) refers to a central clearing party (CCP).

[Kyle Samani Challenges Hyperliquid's Compliance Timeline]On May 31, news emerged that Kyle Samani, former co-founder of Multicoin and chairman of Forward Industries (FORD), has become Hyperliquid's top "critic." His main argument is that "Hyperliquid lacks genuine technological innovation and relies solely on temporary regulatory arbitrage to gain traction; no legitimate U.S. company will collaborate with them." Today, Kyle issued a betting challenge to the community, predicting that Hyperliquid will be unable to launch a U.S. compliant front end in the short term. In response, a community member expressed willingness to invest $1 million, forecasting that Hyperliquid could launch a U.S. compliant front end within three years. Kyle replied that within three years, Hyperliquid might establish Hyperliquid US through the acquisition of DCO and DCM, adopting a compliance strategy similar to Polymarket while also advancing technology to pass decentralized testing. Therefore, Kyle declined the three-year betting deadline. Note: DCM (Designated Contract Market) refers to a regulated exchange similar to traditional futures exchanges. DCO (Derivatives Clearing Organization) refers to a central clearing party (CCP).

Kyle Samani Challenges Hyperliquid's Compliance Timeline

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 could fall 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 may 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 reach new lows. Meanwhile, Van de Poppe mentioned 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 net outflows for 10 consecutive trading days, with a total net outflow exceeding $2.97 billion since May 15. However, analysis from Santiment suggests that the ongoing ETF 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 could fall 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 may 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 reach new lows. Meanwhile, Van de Poppe mentioned 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 net outflows for 10 consecutive trading days, with a total net outflow exceeding $2.97 billion since May 15. However, analysis from Santiment suggests that the ongoing ETF outflows may indicate that the market is approaching a temporary bottom.

On May 31, the Ministry of Finance of Vietnam proposed allowing small and medium-sized enterprises (SMEs) to use digital assets, virtual assets, and intellectual property as collateral for bank loans to expand financing channels for businesses. According to the draft 'Law on Supporting Small and Medium Enterprises (Amendment)' currently open for public consultation, businesses will be able to use digital assets, virtual assets, intangible assets, intellectual property, and assets that may be formed in the future as loan collateral. The Ministry of Finance noted that SMEs and individual businesses account for over 98% of the total number of enterprises in Vietnam, yet their loan balance only represents about 20% of the total bank credit in the country. It is noteworthy that Vietnam is accelerating the regulation of the cryptocurrency industry. In March of this year, Vietnam opened the application channel for local cryptocurrency trading platform licenses and plans to launch the first regulated cryptocurrency market as early as the third quarter of 2026.

[Vietnam Proposes Allowing SMEs to Use Digital Assets as Loan Collateral]On May 31, the Ministry of Finance of Vietnam proposed allowing small and medium-sized enterprises (SMEs) to use digital assets, virtual assets, and intellectual property as collateral for bank loans to expand financing channels for businesses. According to the draft 'Law on Supporting Small and Medium Enterprises (Amendment)' currently open for public consultation, businesses will be able to use digital assets, virtual assets, intangible assets, intellectual property, and assets that may be formed in the future as loan collateral. The Ministry of Finance noted that SMEs and individual businesses account for over 98% of the total number of enterprises in Vietnam, yet their loan balance only represents about 20% of the total bank credit in the country. It is noteworthy that Vietnam is accelerating the regulation of the cryptocurrency industry. In March of this year, Vietnam opened the application channel for local cryptocurrency trading platform licenses and plans to launch the first regulated cryptocurrency market as early as the third quarter of 2026.

1. Biden administration formulates policy recommendations to lower crypto mining’s energy consumption;
2. South Korean regulator launches a sweeping probe into cryptocurrency holdings at the country’s e-payment firms;
3. 61.65% of OP tokens in Optimism's first airdrop were claimed.

#POLICY
1. Biden administration formulates policy recommendations to lower crypto mining’s energy consumption;
2. Two Korean banks plan to connect virtual assets to credit management business;
3. German Ministry of Finance may oppose the comprehensive verification of "unhosted" wallets;
4. RBI deputy governor: CBDC provides the best solution for cross -border payment;
5. German central bank’s executive: DeFi 'casino' may need new global regulator;
6. South Korean regulator launches a sweeping probe into cryptocurrency holdings at the country’s e-payment firms;
7. Federal Reserve Bank president: CBDC and stablecoin have innovative potential;
8. Wall Street banks are appealing to government not to launch digital dollars.

#CRYPTOCURRENCY
1. Dogechain Now Available on Polygon Edge;
2. Ethereum domain name service ENS generated $9.6m in protocol revenue in May;
3. 61.65% of OP tokens in Optimism's first airdrop were claimed;
4. Goldman Sachs report: 20 insurance companies have invested in cryptocurrencies;
5. Purpose Bitcoin ETF holdings hit a record high;
6. Glassnode: BTC wallet growth and active entities stagnate;
7. Apecoin community AIP-13 proposal was not passed.

#STABLECOINS
1. Tether co-founder says TerraUSD collapse will ‘probably be the end’ of most algorithmic stablecoins.

#NFT
1. Colombian soccer superstar James Rodríguez launched NFT;
2. goblintown.wtf NFT series floor price exceeds 8 ETH.

#DEFI
1. Curve reduces the parameter A in 3pool from 5000 to 2000, USDT fraction drops to 63%;
2. Non-custodial AMM Voltz Protocol Alpha Live on Mainnet;
3. Cofixprotocol project was attacked by price manipulation.

#FUNDING
1. Canonical Crypto Launches $20M Inaugural Fund Backed by Marc Andreessen, Chris Dixon;
2. Data Analytics Platform Laevitas Closed $2.5M Seed Round Co-led by Three Arrows Capital;
3. Digital asset investment service Sandbank operator raises $2 million at Series A funding;
4. Philippines’ First Blockchain Digital Peso Bond Offering Raises $209M;
5. Blockchain start-up Gaudiy completed round B financing;
6. Metaverse application Tripp completed $11.2 million financing;
7. Data: Total amount of venture capital in cryptocurrency industry fell by 38%.

#METAVERSE
1. Enterprise has applied for relevant trademark of metaverse.

Detail

【Huobi Daily】1. Biden administration formulates policy recommendations to lower crypto mining’s energy consumption;
2. South Korean regulator launches a sweeping probe into cryptocurrency holdings at the country’s e-payment firms;
3. 61.65% of OP tokens in Optimism's first airdrop were claimed.

#POLICY
1. Biden administration formulates policy recommendations to lower crypto mining’s energy consumption;
2. Two Korean banks plan to connect virtual assets to credit management business;
3. German Ministry of Finance may oppose the comprehensive verification of "unhosted" wallets;
4. RBI deputy governor: CBDC provides the best solution for cross -border payment;
5. German central bank’s executive: DeFi 'casino' may need new global regulator;
6. South Korean regulator launches a sweeping probe into cryptocurrency holdings at the country’s e-payment firms;
7. Federal Reserve Bank president: CBDC and stablecoin have innovative potential;
8. Wall Street banks are appealing to government not to launch digital dollars.

#CRYPTOCURRENCY
1. Dogechain Now Available on Polygon Edge;
2. Ethereum domain name service ENS generated $9.6m in protocol revenue in May;
3. 61.65% of OP tokens in Optimism's first airdrop were claimed;
4. Goldman Sachs report: 20 insurance companies have invested in cryptocurrencies;
5. Purpose Bitcoin ETF holdings hit a record high;
6. Glassnode: BTC wallet growth and active entities stagnate;
7. Apecoin community AIP-13 proposal was not passed.

#STABLECOINS
1. Tether co-founder says TerraUSD collapse will ‘probably be the end’ of most algorithmic stablecoins.

#NFT
1. Colombian soccer superstar James Rodríguez launched NFT;
2. goblintown.wtf NFT series floor price exceeds 8 ETH.

#DEFI
1. Curve reduces the parameter A in 3pool from 5000 to 2000, USDT fraction drops to 63%;
2. Non-custodial AMM Voltz Protocol Alpha Live on Mainnet;
3. Cofixprotocol project was attacked by price manipulation.

#FUNDING
1. Canonical Crypto Launches $20M Inaugural Fund Backed by Marc Andreessen, Chris Dixon;
2. Data Analytics Platform Laevitas Closed $2.5M Seed Round Co-led by Three Arrows Capital;
3. Digital asset investment service Sandbank operator raises $2 million at Series A funding;
4. Philippines’ First Blockchain Digital Peso Bond Offering Raises $209M;
5. Blockchain start-up Gaudiy completed round B financing;
6. Metaverse application Tripp completed $11.2 million financing;
7. Data: Total amount of venture capital in cryptocurrency industry fell by 38%.

#METAVERSE
1. Enterprise has applied for relevant trademark of metaverse.

Huobi Daily

Everyone Is Calling For Lower Bitcoin Price: Why This Is The Perfect Time To Go Parabolic

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

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

U.S. Defense Secretary: Trump Patiently Awaits Deal with Iran, Any Agreement Will Be Beneficial

BTC breaks through 74000 USDT

Huobi Daily

Penafian：Konten diatas tidak merepresentasikan posisi HTX.，HTX tidak memberikan rekomendasi perdagangan apa pun.。

Artikel Terkait

Semua Komentar0TerkiniHangat

Topik Trending

Artikel Terkait