7*24

Hot topic

Market

Activities

On May 26, U.S. Secretary of State Rubio, concluding his visit to India, spoke to the media regarding the U.S. military's so-called 'defensive strikes' on multiple locations in southern Iran earlier today. He stated that the Strait of Hormuz 'must remain open at all costs.' Rubio emphasized, '(The Strait of Hormuz) must be open; it will eventually open in some way; it has to be open.' He also mentioned that the negotiations on the wording of the expected agreement with Iran may take 'a few more days.'

[Rubio: The Strait of Hormuz Must Remain Open at All Costs]On May 26, U.S. Secretary of State Rubio, concluding his visit to India, spoke to the media regarding the U.S. military's so-called 'defensive strikes' on multiple locations in southern Iran earlier today. He stated that the Strait of Hormuz 'must remain open at all costs.' Rubio emphasized, '(The Strait of Hormuz) must be open; it will eventually open in some way; it has to be open.' He also mentioned that the negotiations on the wording of the expected agreement with Iran may take 'a few more days.'

Rubio: The Strait of Hormuz Must Remain Open at All Costs

On May 26, according to HTX market information, there has been an extreme price discrepancy between ESPORTS futures and spot markets, reaching over 40% at one point. The current mark price for perpetual contracts is $0.0478, while the on-chain spot price is $0.0392, resulting in a price difference of approximately 22%. The funding rate for ESPORTS futures on major trading platforms has turned negative. Additionally, data from Coinglass shows that the total open contracts for ESPORTS have surged to $48.32 million, with a 24-hour trading volume of $617 million. In the past 24 hours, liquidations amounted to $8.3167 million, of which $6.6682 million were from long positions.

[Extreme Price Discrepancy in ESPORTS Futures and Spot Markets, Funding Rate Turns Negative]On May 26, according to HTX market information, there has been an extreme price discrepancy between ESPORTS futures and spot markets, reaching over 40% at one point. The current mark price for perpetual contracts is $0.0478, while the on-chain spot price is $0.0392, resulting in a price difference of approximately 22%. The funding rate for ESPORTS futures on major trading platforms has turned negative. Additionally, data from Coinglass shows that the total open contracts for ESPORTS have surged to $48.32 million, with a 24-hour trading volume of $617 million. In the past 24 hours, liquidations amounted to $8.3167 million, of which $6.6682 million were from long positions.

Extreme Price Discrepancy in ESPORTS Futures and Spot Markets, Funding Rate Turns Negative

On May 26, according to Lookonchain monitoring, whale 0x3109 currently holds a long position of 27.38 million DOGE (approximately $2.75 million) and 162,700 LINK (approximately $1.53 million). This address has also set a limit order to continue buying 33.46 million DOGE (approximately $3.31 million) and 515,100 LINK (approximately $4.73 million). Another whale, 0x5687, has established a long position of 10.21 million DOGE (approximately $1.03 million) and 108,400 LINK (approximately $1.02 million). At the same time, this whale has also set a limit order to further buy 14.66 million DOGE (approximately $145,000) and 336,300 LINK (approximately $3.09 million).

[Two Whales Accumulate $6.33 Million in DOGE and LINK, with Over $1 Million in Buy Orders Pending]On May 26, according to Lookonchain monitoring, whale 0x3109 currently holds a long position of 27.38 million DOGE (approximately $2.75 million) and 162,700 LINK (approximately $1.53 million). This address has also set a limit order to continue buying 33.46 million DOGE (approximately $3.31 million) and 515,100 LINK (approximately $4.73 million). Another whale, 0x5687, has established a long position of 10.21 million DOGE (approximately $1.03 million) and 108,400 LINK (approximately $1.02 million). At the same time, this whale has also set a limit order to further buy 14.66 million DOGE (approximately $145,000) and 336,300 LINK (approximately $3.09 million).

Two Whales Accumulate $6.33 Million in DOGE and LINK, with Over $1 Million in Buy Orders Pending

On May 26, a joint survey by Mercado Bitcoin and Opinion Box revealed that cryptocurrency is continuously expanding its presence in Brazil's financial market, now appearing in the portfolios of 16% of Brazilian investors. The survey also indicated that 56% of those who have never invested in crypto assets expressed interest in entering the market in the future. The data suggests that the Brazilian industry is maturing, especially as investors remain conservative and prioritize security. The survey showed that the most common investment among Brazilians is still CDB (56%), followed by savings accounts (49%). Notably, digital assets are being incorporated as part of a diversification strategy rather than necessarily replacing traditional investments. Nearly half of crypto investors still keep funds in savings accounts. The survey data also reflects a perception of opportunity, with 61% of Brazilians viewing a drop in Bitcoin as a favorable buying opportunity, and this figure rises to 79% among those who already hold crypto assets. Additionally, 82% of crypto investors stated they do not regret investing in this market, while 44% regretted not starting earlier. Experts point out that Brazilian investors are becoming more mature and pragmatic, focusing on asset preservation rather than being driven by ideology. Despite the progress, significant barriers remain: about 62% of respondents find it difficult to understand the technical terminology in the crypto field, and 76% believe the market is too complex. Regulation is also a decisive factor for Brazilian investors, with 55% of respondents considering trading on regulated platforms as the most important attribute when choosing a crypto investment venue. Experts note that the Brazilian Central Bank, CVM, and Congress no longer view digital assets as a fringe phenomenon; the advancement of regulation and the entry of traditional financial institutions are significantly reducing the perceived institutional risks.

[Cryptocurrency Penetration Rate in Brazil Reaches 16%, Regulation Becomes Key Consideration for Investors]On May 26, a joint survey by Mercado Bitcoin and Opinion Box revealed that cryptocurrency is continuously expanding its presence in Brazil's financial market, now appearing in the portfolios of 16% of Brazilian investors. The survey also indicated that 56% of those who have never invested in crypto assets expressed interest in entering the market in the future. The data suggests that the Brazilian industry is maturing, especially as investors remain conservative and prioritize security. The survey showed that the most common investment among Brazilians is still CDB (56%), followed by savings accounts (49%). Notably, digital assets are being incorporated as part of a diversification strategy rather than necessarily replacing traditional investments. Nearly half of crypto investors still keep funds in savings accounts. The survey data also reflects a perception of opportunity, with 61% of Brazilians viewing a drop in Bitcoin as a favorable buying opportunity, and this figure rises to 79% among those who already hold crypto assets. Additionally, 82% of crypto investors stated they do not regret investing in this market, while 44% regretted not starting earlier. Experts point out that Brazilian investors are becoming more mature and pragmatic, focusing on asset preservation rather than being driven by ideology. Despite the progress, significant barriers remain: about 62% of respondents find it difficult to understand the technical terminology in the crypto field, and 76% believe the market is too complex. Regulation is also a decisive factor for Brazilian investors, with 55% of respondents considering trading on regulated platforms as the most important attribute when choosing a crypto investment venue. Experts note that the Brazilian Central Bank, CVM, and Congress no longer view digital assets as a fringe phenomenon; the advancement of regulation and the entry of traditional financial institutions are significantly reducing the perceived institutional risks.

Cryptocurrency Penetration Rate in Brazil Reaches 16%, Regulation Becomes Key Consideration for Investors

On May 26, official data revealed that the NEAR Protocol recorded a privacy transaction volume of $87 million over the past 30 days, with public transaction volume at $122 million. The total transaction volume amounted to $209 million, with privacy transactions making up 41.63% of the total.

[NEAR Privacy Transaction Volume Reaches $87 Million in Last 30 Days, Accounting for 41.63% of Total Volume]On May 26, official data revealed that the NEAR Protocol recorded a privacy transaction volume of $87 million over the past 30 days, with public transaction volume at $122 million. The total transaction volume amounted to $209 million, with privacy transactions making up 41.63% of the total.

NEAR Privacy Transaction Volume Reaches $87 Million in Last 30 Days, Accounting for 41.63% of Total Volume

On May 26, data showed that Bitcoin's implied volatility has dropped to 36%, marking an eight-month low, indicating that the market expects BTC to continue fluctuating in the short term. The decline in volatility itself does not indicate the direction of the market, but current derivatives market data suggests that shorts may be overly concentrated. If BTC breaks above $82,000, it could trigger a massive short squeeze. CoinGlass's liquidation heatmap shows a significant accumulation of BTC short positions in the $78,000–$83,000 range. Meanwhile, BTC has failed to reclaim $90,000 for nearly four months, leading some shorts to establish stronger bearish expectations. Additionally, Glassnode data indicates that the 30-day options Delta Skew for BTC currently stands at 14%, suggesting a significant premium for put options compared to call options, reflecting that professional traders remain more concerned about the risk of BTC declining. The market has partially priced in the expectation of BTC retracing to $72,000, but if BTC breaks out above $82,000 with strong volume, it may trigger a more intense leveraged short covering scenario.

[Analysis: Bitcoin Shorts Overly Concentrated, Break Above $82,000 May Trigger Massive Short Squeeze]On May 26, data showed that Bitcoin's implied volatility has dropped to 36%, marking an eight-month low, indicating that the market expects BTC to continue fluctuating in the short term. The decline in volatility itself does not indicate the direction of the market, but current derivatives market data suggests that shorts may be overly concentrated. If BTC breaks above $82,000, it could trigger a massive short squeeze. CoinGlass's liquidation heatmap shows a significant accumulation of BTC short positions in the $78,000–$83,000 range. Meanwhile, BTC has failed to reclaim $90,000 for nearly four months, leading some shorts to establish stronger bearish expectations. Additionally, Glassnode data indicates that the 30-day options Delta Skew for BTC currently stands at 14%, suggesting a significant premium for put options compared to call options, reflecting that professional traders remain more concerned about the risk of BTC declining. The market has partially priced in the expectation of BTC retracing to $72,000, but if BTC breaks out above $82,000 with strong volume, it may trigger a more intense leveraged short covering scenario.

Analysis: Bitcoin Shorts Overly Concentrated, Break Above $82,000 May Trigger Massive Short Squeeze

On May 26, Goldman Sachs CEO David Solomon wrote in The New York Times that concerns about AI causing a 'mass unemployment wave' are exaggerated. He believes that the U.S. economy will continue to create more new jobs through technological transformation, just as it did during the past industrial revolution and the internet era. Solomon stated that Goldman Sachs expects AI or automation to impact about 25% of existing work hours over the next decade, with significant effects on white-collar jobs in sectors like banking, accounting, and law. A Stanford study shows that recruitment for entry-level positions in highly automated roles, such as software engineering and customer service, has declined by 16% compared to less automated industries. However, he pointed out that AI is also creating new job demands. For instance, since 2022, the construction of data centers in the U.S. has generated over 200,000 construction jobs. Goldman Sachs itself may reduce some compliance and account opening positions but will increase hiring for client-facing roles in banking, trading, and asset management. Solomon believes that AI is more likely to enhance productivity rather than directly eliminate 25% of jobs. He stated, 'Technological advancement and cultural change do not always align; being replaceable does not mean one will necessarily be replaced.' He also called for a joint effort by the government and businesses to promote large-scale retraining programs to address the changes in labor structure brought about by AI.

[Goldman Sachs CEO Refutes AI 'Job Apocalypse' Theory: AI Will Boost Productivity and Create New Jobs]On May 26, Goldman Sachs CEO David Solomon wrote in The New York Times that concerns about AI causing a 'mass unemployment wave' are exaggerated. He believes that the U.S. economy will continue to create more new jobs through technological transformation, just as it did during the past industrial revolution and the internet era. Solomon stated that Goldman Sachs expects AI or automation to impact about 25% of existing work hours over the next decade, with significant effects on white-collar jobs in sectors like banking, accounting, and law. A Stanford study shows that recruitment for entry-level positions in highly automated roles, such as software engineering and customer service, has declined by 16% compared to less automated industries. However, he pointed out that AI is also creating new job demands. For instance, since 2022, the construction of data centers in the U.S. has generated over 200,000 construction jobs. Goldman Sachs itself may reduce some compliance and account opening positions but will increase hiring for client-facing roles in banking, trading, and asset management. Solomon believes that AI is more likely to enhance productivity rather than directly eliminate 25% of jobs. He stated, 'Technological advancement and cultural change do not always align; being replaceable does not mean one will necessarily be replaced.' He also called for a joint effort by the government and businesses to promote large-scale retraining programs to address the changes in labor structure brought about by AI.

Goldman Sachs CEO Refutes AI 'Job Apocalypse' Theory: AI Will Boost Productivity and Create New Jobs

On May 26, according to monitoring by Lookonchain, a whale opened a short position of over $100 million in ETH yesterday, which has been closed with a loss of $260,000. Subsequently, the whale shifted to a long position in BTC, opening a long position of 175.04 BTC, valued at approximately $13.43 million.

[Whale Closes Over $100 Million ETH Short Position, Shifts to $13.43 Million BTC Long]On May 26, according to monitoring by Lookonchain, a whale opened a short position of over $100 million in ETH yesterday, which has been closed with a loss of $260,000. Subsequently, the whale shifted to a long position in BTC, opening a long position of 175.04 BTC, valued at approximately $13.43 million.

Whale Closes Over $100 Million ETH Short Position, Shifts to $13.43 Million BTC Long

On May 26, Ark Invest founder Cathie Wood elaborated on her Bitcoin price predictions for the next five years, including a base scenario forecast of $750,000 and a bull market scenario forecast of $1.25 million. Cathie Wood stated that the key factors driving Bitcoin's rise include its role as a substitute for gold, its attributes as an 'insurance asset,' and the ongoing increase in institutional adoption.

[Cathie Wood: Bitcoin's Bull Market Target Price of $1.25 Million in Next 5 Years]On May 26, Ark Invest founder Cathie Wood elaborated on her Bitcoin price predictions for the next five years, including a base scenario forecast of $750,000 and a bull market scenario forecast of $1.25 million. Cathie Wood stated that the key factors driving Bitcoin's rise include its role as a substitute for gold, its attributes as an 'insurance asset,' and the ongoing increase in institutional adoption.

Cathie Wood: Bitcoin's Bull Market Target Price of $1.25 Million in Next 5 Years

In response to the question "How do we as an industry—apart from staying clear from undercollateralized algostables—best ensure that a 3AC moment does not happen again?", SBF tweeted: "Biggest things here aren't making sure no one ever goes under. Regulation can help here, so can DeFi. FWIW 3AC/etc. couldn't have happened with an on-chain protocol that was transparent."

Detail

【SBF: No crisis possible for transparent on-chain DeFi apps】In response to the question "How do we as an industry—apart from staying clear from undercollateralized algostables—best ensure that a 3AC moment does not happen again?", SBF tweeted: "Biggest things here aren't making sure no one ever goes under. Regulation can help here, so can DeFi. FWIW 3AC/etc. couldn't have happened with an on-chain protocol that was transparent."

SBF: No crisis possible for transparent on-chain DeFi apps

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

XRP Ledger Hard Fork In 8 Days? Upgrade Deadline Sparks Network Split Debate

As Presale Funding Nears $7.2 Million, Ozak AI’s Early Pricing Window Begins to Narrow

Market Expert Updates XRP Roadmap To $300 With New Data

$50 Million Funding Ignites Airdrop Anticipation, Variational Becomes New Focus of Perp DEX

Cloudflare CEO: How I Decided Which Employees to Replace with AI?

Secures Over $60 Million in Funding from Dragonfly, Sequoia, and Others. An In-Depth Look at the On-Chain Derivatives Protocol Variational | CryptoSeed

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

Warsh's First Day in Office, Markets Deliver a 'Wake-up Call': Rate Hike Expected This Year

Article

Shanghai and Shenzhen Markets Total Trading Volume Reaches 32,057.3 Billion Yuan, SMIC Leads in Trading Volume

SBF: No crisis possible for transparent on-chain DeFi apps

Isenção de responsabilidade：O conteúdo acima não representa as posições da HTX.，A HTX não faz quaisquer recomendações de negociação.。

Artigos relacionados

Todos os comentários0Mais recentePopular

Tópicos em destaque

Artigos relacionados