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genius Hits New High of 0.6763 USDT, Up -4.92% in 24H

【genius soared to 0.7435 USDT, a new high with a 24-hour increase of -4.92%. It currently trades at 0.6763 USDT on HTX.】genius Hits New High of 0.6763 USDT, Up -4.92% in 24H

genius soared to 0.7435 USDT, a new high with a 24-hour increase of -4.92%. It currently trades at 0.6763 USDT on HTX.

bill Hits New High of 0.102651 USDT, Up -6.17% in 24H

【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.】bill Hits New High of 0.102651 USDT, Up -6.17% in 24H

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.

On May 25, according to monitoring by Arkham, BlackRock sold $1 billion worth of Bitcoin last week.

[BlackRock Sold $1 Billion in Bitcoin Last Week]On May 25, according to monitoring by Arkham, BlackRock sold $1 billion worth of Bitcoin last week.

BlackRock Sold $1 Billion in Bitcoin Last Week

On May 25, it was reported by JiuYueJiang.hl (0xMaxs) on social media that Trade XYZ won the HIP3 target MINIMAX with a bid of 500 HYPE, priced in USDC, and may potentially launch MINIMAX perpetual contract trading in the future. MiniMax (Xiyu Technology) is a globally leading Artificial General Intelligence (AGI) technology company, focusing on the independent development of multimodal large models, and is known as "the first stock of China's large models." The company is set to be listed on the main board of the Hong Kong Stock Exchange on January 9, 2026, achieving this milestone in just about four years since its establishment, setting a new record for the fastest IPO among global AI companies.

[Trade XYZ Acquires MINIMAX Code for 500 HYPE, Potential Launch of MINIMAX Perpetual Contracts]On May 25, it was reported by JiuYueJiang.hl (0xMaxs) on social media that Trade XYZ won the HIP3 target MINIMAX with a bid of 500 HYPE, priced in USDC, and may potentially launch MINIMAX perpetual contract trading in the future. MiniMax (Xiyu Technology) is a globally leading Artificial General Intelligence (AGI) technology company, focusing on the independent development of multimodal large models, and is known as "the first stock of China's large models." The company is set to be listed on the main board of the Hong Kong Stock Exchange on January 9, 2026, achieving this milestone in just about four years since its establishment, setting a new record for the fastest IPO among global AI companies.

Trade XYZ Acquires MINIMAX Code for 500 HYPE, Potential Launch of MINIMAX Perpetual Contracts

On May 25, Trump stated that any agreement with Iran will either be great or there will be no agreement at all. He emphasized that any deal reached with Iran would be 'completely opposite' to the nuclear agreement.

[Trump: Agreement with Iran Will Either Be Great or There Will Be No Agreement]On May 25, Trump stated that any agreement with Iran will either be great or there will be no agreement at all. He emphasized that any deal reached with Iran would be 'completely opposite' to the nuclear agreement.

Trump: Agreement with Iran Will Either Be Great or There Will Be No Agreement

On May 25, Anthropic co-founder Olah stated that the achievements in artificial intelligence may be long-term monopolized by developed countries, and the lack of a sharing mechanism aimed at global impoverished nations is an 'unsolved problem.'

[Anthropic Co-Founder: AI Achievements May Be Long-Term Monopolized by Developed Countries]On May 25, Anthropic co-founder Olah stated that the achievements in artificial intelligence may be long-term monopolized by developed countries, and the lack of a sharing mechanism aimed at global impoverished nations is an 'unsolved problem.'

Anthropic Co-Founder: AI Achievements May Be Long-Term Monopolized by Developed Countries

On May 25, MGBX will officially launch GECT (GlobalECommerce) spot trading pairs and simultaneously kick off a limited-time reward event for new users. During the event, the first 400 new users who complete registration will receive rewards of 25,000 GECT and 20 USDT contract experience bonuses, with a total of 10 million GECT being distributed until supplies last. Deposit opening time: May 25, 2026, 18:00 (SGT). Trading opening time: May 25, 2026, 20:00 (SGT). Withdrawal opening time: May 25, 2026, 20:00 (SGT). GECT (GlobalECommerce) is a project that combines cross-border e-commerce, WEB3, and dual platform tokens, aiming to provide real use cases for the token through e-commerce scenarios.

[MGBX Launches GECT (GlobalECommerce) Spot Trading and New User Registration Event]On May 25, MGBX will officially launch GECT (GlobalECommerce) spot trading pairs and simultaneously kick off a limited-time reward event for new users. During the event, the first 400 new users who complete registration will receive rewards of 25,000 GECT and 20 USDT contract experience bonuses, with a total of 10 million GECT being distributed until supplies last. Deposit opening time: May 25, 2026, 18:00 (SGT). Trading opening time: May 25, 2026, 20:00 (SGT). Withdrawal opening time: May 25, 2026, 20:00 (SGT). GECT (GlobalECommerce) is a project that combines cross-border e-commerce, WEB3, and dual platform tokens, aiming to provide real use cases for the token through e-commerce scenarios.

MGBX Launches GECT (GlobalECommerce) Spot Trading and New User Registration Event

On May 25, Indonesia's national news agency ANTARA reported that the Ministry of Communication and Information Technology has blocked the prediction market platform Polymarket, citing that the platform is suspected of conducting online gambling activities under the guise of a 'prediction market.' Alexander Sabar, Director General of Digital Space Supervision at the ministry, stated that while platforms like Polymarket utilize blockchain technology and crypto assets, they actually involve monetary betting and speculation on uncertain event outcomes, thus violating existing Indonesian laws. The ministry indicated that in addition to blocking the Polymarket website, it is also tracking related social media accounts and will continue to block platforms suspected of offering similar services.

[Indonesia Blocks Polymarket Over Alleged Online Gambling]On May 25, Indonesia's national news agency ANTARA reported that the Ministry of Communication and Information Technology has blocked the prediction market platform Polymarket, citing that the platform is suspected of conducting online gambling activities under the guise of a 'prediction market.' Alexander Sabar, Director General of Digital Space Supervision at the ministry, stated that while platforms like Polymarket utilize blockchain technology and crypto assets, they actually involve monetary betting and speculation on uncertain event outcomes, thus violating existing Indonesian laws. The ministry indicated that in addition to blocking the Polymarket website, it is also tracking related social media accounts and will continue to block platforms suspected of offering similar services.

Indonesia Blocks Polymarket Over Alleged Online Gambling

On May 25, the US tech IPO market is experiencing a new wave of enthusiasm. As of today, several high-valuation tech companies, including SpaceX, OpenAI, Oura, Anthropic, and Databricks, are actively preparing to list on Nasdaq or NYSE. This IPO wave spans various sectors, including AI, software, quantum computing, aerospace, defense technology, fintech, consumer health tech, ad tech, and fleet/IoT platforms. Some companies have already entered the public filing stage, while many others are in confidential submission or media attention status. BlockBeats has compiled a list of tech companies queued to go public as follows: 

1. **Public Filing / Closer to IPO**: These companies have submitted S-1 filings, public registration documents, or have plans to list on trading platforms, making them closer to an IPO. SpaceX (proposed ticker SPCX) submitted public documents on May 20, targeting a listing window in June; Quantinuum (Honeywell's quantum computing subsidiary, proposed ticker: QNT) publicly submitted registration documents on May 8; Liftoff Mobile (AI-driven mobile advertising platform, proposed ticker: LFTO) resubmitted registration documents on April 17; Motive Technologies (AI fleet management platform, proposed ticker: MTVE) plans to go public in 2026, pending pricing; Avalara (tax compliance software) is a candidate for a software IPO but is still awaiting an updated public prospectus. 

2. **Confidential Submission / Company Announcement**: These companies have entered the SEC's confidential submission process or have publicly announced their intentions, but their public prospectuses are not yet available. Oura (smart ring wearable health device) confidentially submitted IPO documents around May 21, with a valuation of approximately $11 billion; Strava (sports social platform) confidentially submitted in January, targeting a 2026 listing; Relativity (legal data/eDiscovery AI) announced confidential submission of S-1 on March 19; L3Harris Missile Solutions (missile/rocket engine business) announced on April 29 that it submitted an IPO draft; OpenAI (generative AI/ChatGPT) is preparing to confidentially submit documents, potentially starting in the September window. 

3. **Media Confirmation / High Attention Watchlist**: These companies do not yet have clear public documents and remain under observation, suitable for ongoing tracking. Anthropic (main AI product Claude) may conduct an IPO in the second half of 2026 or Q4; Databricks (data + AI platform) has outstanding valuation and business scale but has not yet seen an S-1 document; Lambda (GPU cloud/AI computing rental) is expected to go public in the 2026-27 window; Anduril (defense AI/autonomous systems) is a high-valuation defense tech company, with a potential listing in 2026-27; additionally, Discord, Cohesity, WHOOP, and others are also awaiting public documents or further announcements from the companies.

[Tech Super IPO Wave Hits US Market: Nearly 20 Companies Queue to Go Public, Including SpaceX, OpenAI, and Anthropic]On May 25, the US tech IPO market is experiencing a new wave of enthusiasm. As of today, several high-valuation tech companies, including SpaceX, OpenAI, Oura, Anthropic, and Databricks, are actively preparing to list on Nasdaq or NYSE. This IPO wave spans various sectors, including AI, software, quantum computing, aerospace, defense technology, fintech, consumer health tech, ad tech, and fleet/IoT platforms. Some companies have already entered the public filing stage, while many others are in confidential submission or media attention status. BlockBeats has compiled a list of tech companies queued to go public as follows: 

1. **Public Filing / Closer to IPO**: These companies have submitted S-1 filings, public registration documents, or have plans to list on trading platforms, making them closer to an IPO. SpaceX (proposed ticker SPCX) submitted public documents on May 20, targeting a listing window in June; Quantinuum (Honeywell's quantum computing subsidiary, proposed ticker: QNT) publicly submitted registration documents on May 8; Liftoff Mobile (AI-driven mobile advertising platform, proposed ticker: LFTO) resubmitted registration documents on April 17; Motive Technologies (AI fleet management platform, proposed ticker: MTVE) plans to go public in 2026, pending pricing; Avalara (tax compliance software) is a candidate for a software IPO but is still awaiting an updated public prospectus. 

2. **Confidential Submission / Company Announcement**: These companies have entered the SEC's confidential submission process or have publicly announced their intentions, but their public prospectuses are not yet available. Oura (smart ring wearable health device) confidentially submitted IPO documents around May 21, with a valuation of approximately $11 billion; Strava (sports social platform) confidentially submitted in January, targeting a 2026 listing; Relativity (legal data/eDiscovery AI) announced confidential submission of S-1 on March 19; L3Harris Missile Solutions (missile/rocket engine business) announced on April 29 that it submitted an IPO draft; OpenAI (generative AI/ChatGPT) is preparing to confidentially submit documents, potentially starting in the September window. 

3. **Media Confirmation / High Attention Watchlist**: These companies do not yet have clear public documents and remain under observation, suitable for ongoing tracking. Anthropic (main AI product Claude) may conduct an IPO in the second half of 2026 or Q4; Databricks (data + AI platform) has outstanding valuation and business scale but has not yet seen an S-1 document; Lambda (GPU cloud/AI computing rental) is expected to go public in the 2026-27 window; Anduril (defense AI/autonomous systems) is a high-valuation defense tech company, with a potential listing in 2026-27; additionally, Discord, Cohesity, WHOOP, and others are also awaiting public documents or further announcements from the companies.

Tech Super IPO Wave Hits US Market: Nearly 20 Companies Queue to Go Public, Including SpaceX, OpenAI, and Anthropic

According to Coindesk, Terra's UST tanked on May 12, spurring panic selling in other dollar-pegged cryptocurrencies. Tether's peg broke and fell as low as $0.92 on some exchanges following UST's crash and averaged about $0.99 in June. Tether (USDT) regained its dollar peg on July 20 and has remained steady since then.
Tether's market capitalization has declined by $16 billion to $65 billion in two months, a sign of large redemptions by holders. This means that the company behind USDT, Tether Ltd, honored billions of dollars worth of redemptions following UST's meltdown. Tether Ltd has long been criticized for the lack of transparency about the nature of assets backing the stablecoin. In other words, tether has passed the market's stress test, withstanding redemptions in volatile conditions and eventually reclaiming the peg.
"The past two months have definitely been a stress test for stablecoins following the collapse of UST and sharp contraction in USDT's market cap," Clara Medalie, research director at Kaiko, said. "Tether proved it's ability to process billions in redemptions, despite lingering questions over the makeup of its reserves."

Detail

【Tether Finds Stable Dollar Peg After Terra's Collapse】According to Coindesk, Terra's UST tanked on May 12, spurring panic selling in other dollar-pegged cryptocurrencies. Tether's peg broke and fell as low as $0.92 on some exchanges following UST's crash and averaged about $0.99 in June. Tether (USDT) regained its dollar peg on July 20 and has remained steady since then.
Tether's market capitalization has declined by $16 billion to $65 billion in two months, a sign of large redemptions by holders. This means that the company behind USDT, Tether Ltd, honored billions of dollars worth of redemptions following UST's meltdown. Tether Ltd has long been criticized for the lack of transparency about the nature of assets backing the stablecoin. In other words, tether has passed the market's stress test, withstanding redemptions in volatile conditions and eventually reclaiming the peg.
"The past two months have definitely been a stress test for stablecoins following the collapse of UST and sharp contraction in USDT's market cap," Clara Medalie, research director at Kaiko, said. "Tether proved it's ability to process billions in redemptions, despite lingering questions over the makeup of its reserves."

Tether Finds Stable Dollar Peg After Terra's Collapse

Anthropic Founder's Handbook: How to Build an AI-Native Company!

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XRP Ledger Hits No. 4 In RWA Rankings In Less Than A Year

General Tensor and Talisman Joining Forces To Build Financial Rails for Decentralized AI

Tether Finds Stable Dollar Peg After Terra's Collapse

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

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