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5/17
21:23
According to on-chain analyst Ai Yi's monitoring, address 0xB4d…B186a has sold another $15.46 million worth of WBTC, having accumulated a total of $35.73 million in token sales over the past three days. This address has frequent interactions with block builder Titan builder and currently holds $125 million in assets on-chain, 95% of which are ETH and WBTC, suggesting potential continued selling pressure.
21:19
Svmuu News: Kelp posted on X platform, stating that to ensure the security standards of rsETH and optimize network integration, it will discontinue rsETH cross-chain support for multiple networks after June 15. The affected networks include Optimism, Manta, Mode, Blast, Scroll, X Layer, zkSync, Zircuit, Swellchain, Hemi, Berachain, Sonic, HyperEVM, Unichain, TAC, Avalanche, Plasma Stable, MegaETH, Monad, and Movement.
Kelp reminds users holding rsETH on the aforementioned chains to bridge it back to the Ethereum mainnet before June 15. After the deadline, asset recovery can still be requested, but a fee of 100 USDC will be charged per address. Specific procedures will be announced closer to the deadline.
21:12
Svmuureports that crypto research firm 10x Research stated that since the release of US CPI data on May 13th, Bitcoin ETFs have seen cumulative net outflows exceeding $1 billion, reigniting "inflation trade" sentiment in the market. Market sentiment indicators have dropped from 87% to 45%. Meanwhile, long-term US Treasury yields continue to climb, with the 30-year yield rising to 5.12%. As inflation returns to the forefront of market focus, the crypto market is facing significant headwinds.
Furthermore, 10x Research noted that its models have triggered bearish signals for Ethereum, and Bitcoin is currently testing the key support level of its 30-day moving average. A confirmed breakdown below this level could signal further momentum deterioration. The firm is closely watching the short-term bull/bear line at $79,125 and the major support level at $76,922, suggesting that the bottom for this cycle may have already formed.
21:03
Svmuu News: Blockaid posted on platform X, stating that its vulnerability detection system has discovered an attack on the Verus Ethereum cross-chain bridge, which has so far caused losses of approximately $11.58 million.
20:57
Svmuu News: U.S. House Agriculture Committee Chairman Glenn Thompson, along with committee members, has sent a letter to President Trump urging him to promptly nominate a full five-member slate for the U.S. Commodity Futures Trading Commission (CFTC). The letter notes that the CFTC is currently led solely by Chairman Michael Selig. If the CLARITY Act is passed, the CFTC will face major rulemaking tasks, and a complete leadership team is crucial for addressing "pressing regulatory issues." As of now, Trump has not publicly announced any CFTC commissioner nominations, and any nominees would still require weeks or even months of Senate review and voting.
20:55
Svmuu News: Galaxy Research Director Alex Thorn stated on X platform that the U.S. Senate Banking Committee voted 15-9 to pass the CLARITY Act, advancing the bill to a full Senate vote. The subsequent timeline could be:
June 1: Begin coordinating the bill versions between the Senate Banking Committee and the Agriculture Committee;
June 15: Full Senate debate begins;
June 22: The Senate may complete the final vote;
July 13: Coordination between the Senate and the House completed;
Early August: President Trump signs it into law (if the plan proceeds as scheduled).
Alex Thorn's analysis suggests that Democrats are primarily focused on "ethics provisions" aimed at restricting the digital asset holdings and profits of senior officials and their family members. Meanwhile, DeFi regulation and the Blockchain Regulatory Certainty Act (BRCA) are still under negotiation. The CLARITY Act would lay the foundation for innovation and investor protection in the U.S. digital asset market.
20:52
According to on-chain analyst Ai Yi's monitoring, a smart money address that initially accumulated 11,004 ETH in 2016 at an average price of $3.45, yielding a profit of $30.38 million, has purchased a total of 5,283.61 ETH on-chain over the past two days, valued at $11.48 million. The average cost is $2,172.7, with an unrealized loss of $320,000.
20:51
Svmuu News: Ethereum co-founder Vitalik Buterin responded to state storage issues on the X platform, stating that the core problem with current state proof solutions is the need to store and continuously update the data used to verify proofs, and this data will ultimately be almost as large as the entire on-chain state. Although some feasible solutions exist, they all involve numerous complex components and require varying degrees of trade-offs compared to the current Ethereum architecture.
20:48
Svmuureported that Iran has found a new bargaining chip, threatening to charge fees for undersea cables traversing the Strait of Hormuz, or else face network disruptions. Google, Microsoft, Meta, and Amazon have been specifically named. Experts warn that any such action could trigger a “cascading digital catastrophe” affecting Europe, Asia, and Africa.
The escalating tensions center on the Strait of Hormuz, a vital global energy corridor. Iran is now shifting its focus beyond traditional oil shipments to a more concealed yet equally critical infrastructure: submarine communication cables. These cables, laid across the strait and the Persian Gulf, carry the vast majority of internet and financial data traffic between Europe, Asia, and the Middle East, forming a crucial backbone of the global digital ecosystem.
Recently, Iranian authorities have sent out a series of signals, attempting to convert their geographic control over these waters into new economic and strategic leverage. Tehran is not only discussing charging multinational tech companies that use these cables but also, through official affiliated channels, hinting that data transmission could face disruption risks if relevant parties refuse to comply. (Jinshi)
20:46
According to Lookonchain monitoring, a whale's 10x leveraged HYPE short position is now showing an unrealized loss of $1.26 million, with the position currently holding approximately 375,033 HYPE, valued at $17.5 million.
20:44
Svmuu News: Jeffrey Gundlach, CEO of DoubleLine Capital LP and known as the "New Bond King," stated that investors will not see a rate cut at the Fed's next policy meeting. He bluntly said that when two-year US Treasury yields are nearly 50 basis points above the federal funds rate, a Fed rate cut is "simply not possible." He warned that next month's CPI reading is more likely to "break above 4%," adding that the speculative frenzy in the stock market harbors risks. (Jinshi)
20:37
Svmuu reported that Iran has launched a state-backed digital marine insurance platform, Hormuz Safe, which provides maritime insurance for vessels transiting the Persian Gulf and the Strait of Hormuz, settled in Bitcoin and other cryptocurrencies. The Iranian government believes that if the platform captures a significant share of the Persian Gulf shipping insurance market, it could generate over $10 billion in revenue. Hormuz Safe aims to bypass the SWIFT network and Western intermediaries, reducing reliance on traditional financial infrastructure. The platform faces challenges related to international recognition, and ship owners, trading companies, or port authorities interacting with it may risk triggering secondary sanctions. (Cryptobriefing)
20:35
According to Gate data, spot gold has fallen below $4,500 per ounce for the first time since the end of March, down 0.85% intraday.
20:32
Svmuu reported that market analyst Ali posted on platform X stating that Bitcoin is currently showing signs of "overheating." Data indicates that the average realized profit margin for traders has risen to 17%, meaning a large number of investors are in a notably profitable state, and potential profit-taking pressure is increasing. A similar situation occurred in March 2022, when Bitcoin was testing the 200-day moving average resistance level while the average profit margin also reached 17%. Subsequently, the market formed a short-term top and re-entered a downtrend. Now that this historical signal has appeared once again, it warrants high market vigilance.
20:31
Svmuu reports that Grafana, an open-source data visualization tool, posted on X platform that it recently discovered an unauthorized attacker had obtained a token capable of accessing the Grafana Labs GitHub environment, which was then used to download the company's code repository. The investigation confirmed that this incident did not involve the leakage of customer data or personal information, and no impact on customer systems or business operations was found. The company immediately initiated forensic analysis, believes it has identified the source of the credential leak, and the affected credentials have been revoked. Additional security measures have also been deployed to strengthen environmental protection.
Furthermore, Grafana disclosed that the attacker attempted to demand a ransom payment in exchange for not making the code repository public. However, the company ultimately decided to refuse the ransom demand and will release more details about the incident review after the investigation concludes.
20:29
Svmuu reported that Russian state-owned oil company Gazprom has instructed 17 of its subsidiaries to open digital ruble accounts with the Central Bank of Russia, in preparation for compliance with regulations set to take effect on September 1. According to the regulations, legal entities must be able to accept digital rubles as a means of payment for goods and services.
Russia's digital ruble has been under testing since August 2023, and as of the end of 2025, over 130 legal entity accounts have participated in the platform testing. Starting September 1, major Russian banks and large enterprises must provide digital ruble transaction capabilities to their clients. (bits.media)
20:27
Svmuureports that Dogan Ural, the official creative ambassador for xAI, has shared a concept design image for a new feature on the X platform. The screenshot suggests that in the future, users may be able to view their interaction history and a comprehensive interaction score with any account over the past 90 days, including detailed data statistics such as likes, replies, retweets, and more. According to crypto KOL AB Kuai.dong, if this feature is eventually launched, crypto project teams and exchanges could collect follower data with greater precision.
20:26
According to Svmuu, Bitcoin has recently faced significant selling pressure, and its current trend is highly correlated with the U.S. small-cap stock index. This indicates that the market still views it as a "risk asset" rather than a safe-haven tool. Meanwhile, the funding rate for Bitcoin perpetual contracts has turned negative recently, suggesting a clear lack of demand for leveraged long positions, with traders remaining cautious about short-term upside. However, from a medium-term perspective, large-scale outflows from the fixed-income market could actually be bullish for Bitcoin. With 10-year government bond yields in both the U.S. and Europe rising to multi-year highs, investors are gradually exiting the bond market, and some liquidity may flow back into risk assets, including Bitcoin, in the future. (Cointelegraph)
20:25
Svmuu: The Korea Exchange has triggered the circuit breaker mechanism for KOSPI due to a 5% drop in KOSPI 200 futures, suspending program trading for five minutes. (Jinshi)
20:24
Svmuureports that CryptoQuant analyst Axel Adler stated Bitcoin has recently attempted to breach the $82,000 level three times, but each time it has faced a pullback. During each rebound, the STH-SOPR indicator rose to around 1.0 before weakening again, indicating that short-term holders are taking advantage of the uptrend to continuously exit with profits, rather than continuing to hold positions. Currently, $82,000 is not only a key technical resistance level but also an important selling pressure zone from a market behavior perspective, having formed a strong supply zone.

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