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5/21
12:30
Svmuu reports that U.S. mortgage rates have climbed to their highest level since August last year this week, delivering another blow to homebuyers during what is typically the busiest season for home sales. Mortgage giant Freddie Mac announced on Thursday that the average rate on a 30-year fixed-rate mortgage rose to 6.51% this week, up from 6.36% the previous week.
Additionally, rising costs for home insurance and property taxes in many regions are also deterring potential buyers. The increase in mortgage rates this year has reversed the downward trend seen in the second half of 2025. Despite this, current mortgage rates remain lower than a year ago, and some buyers are entering the market as activity cools. According to data from the Mortgage Bankers Association, mortgage applications for home purchases declined from the previous week but were up 8% year-over-year. (Jin Shi)
12:25
Svmuu: Trump responded to the delay in signing the AI executive order, saying he is "not satisfied with certain aspects." (Jinshi)
Previously, the White House canceled the original ceremony where President Trump was to sign new executive orders on artificial intelligence and cybersecurity. According to the notice, the event has been postponed to a later date.
12:17
Svmuu reported that Trump said he is negotiating with Iran and will reach a deal one way or another. Regarding Iran and Oman imposing tolls on the Strait of Hormuz, Trump stated he is paying attention to the matter and does not want tolls to be charged in the Strait of Hormuz. He claimed the U.S. currently has full control over the Strait of Hormuz, that the U.S. blockade there is completely effective, and that new anti-drone technology not available two months ago has now been introduced. (Jin Shi)
12:14
Svmuu reports that analysts from CryptoQuant have pointed out that, based on a comprehensive review of multiple miner indicators, Bitcoin miners have not yet exhibited behavioral characteristics that "confirm a market bottom," and are currently in a phase of waiting and cautious adjustment. Meanwhile, the Miner Position Index (MPI) remains in negative territory, indicating that current selling intensity is below historical averages. Miners are not in a panic-selling phase but are engaging in "passive selling" primarily to maintain cash flow, suggesting that the probability of an extreme short-term decline is relatively limited. Additionally, the Puell Multiple remains below 1, further indicating that miner revenues are at historically weak levels, and overall profitability is under pressure. However, the strong accumulation behavior typically seen at cycle bottoms has not yet appeared.
The analysis suggests that miners are currently in a "waiting phase," having neither triggered a capitulation-style sell-off nor entered an active accumulation cycle. This resembles a typical transitional state before a market bottom forms. Overall, while selling pressure from miners has eased, on-chain structures still show short-term supply pressure exists. Bitcoin is expected to continue its range-bound consolidation pattern, and market sentiment is likely to remain cautious in the near term.
12:01
Svmuu reported that AI hardware startup Hark announced the completion of a $700 million funding round, reaching a post-investment valuation of $6 billion. This Series A round was led by Parkway Venture Capital, with participation from NVIDIA, AMD Ventures, ARK Invest, Brookfield, Greycroft, Intel Capital, Qualcomm Ventures, Salesforce Ventures, and others. The new funds will be used to expand GPU infrastructure and accelerate large model research and development. (Bloomberg)
11:55
Svmuu reported that U.S. Secretary of State Marco Rubio told reporters on Thursday that if Tehran implements a toll system in the Strait of Hormuz, a diplomatic agreement between the United States and Iran would be difficult to reach. Rubio stated: "No one in the world supports this toll system. This must never happen. It is unacceptable. If they continue with this practice, it will make reaching a diplomatic agreement impossible. Therefore, if they try to do this, it would pose a threat to the world and is completely illegal."
Rubio also told reporters that some progress has been made in negotiations with Tehran to end the U.S.-Israeli war against Iran, but Washington is facing "a system that is somewhat fragmented itself." "There are some positive signs," Rubio said. "I don't want to be overly optimistic... So, let's see what happens in the coming days." (Jinshi)
11:43
Svmuu reports, according to Lookonchain monitoring, "1011 Insider Whale" representative Garrett Jin has just deposited 30 million USDC into Hyperliquid.
11:41
Svmuu News: Federal Reserve's Goolsbee stated that the US faces a fairly serious inflation problem, but the job market remains stable. (Jin Shi)
11:40
Svmuu reports that crypto infrastructure TownSquare has announced the completion of a new Pre-A funding round, bringing its total financing to $16.25 million. Participants include the World Liberty Financial ecosystem fund, Auros Ventures, OKX Ventures, Moca Network, Amber Group, Arcane, SHV, Animoca Ventures, GEM, and others.
11:33
According to Lookonchain monitoring, US Bitcoin ETFs recorded a net outflow of 942 BTC today, valued at $72.66 million, with a 7-day net outflow of 15,915 BTC, valued at $1.23 billion; Ethereum ETFs saw a single-day net outflow of 15,222 ETH, valued at $32.44 million, with a 7-day net outflow of 114,871 ETH, valued at $244.79 million; Solana ETFs recorded a single-day net inflow of 8,312 SOL, valued at $723,000, with a 7-day net inflow of 203,326 SOL, valued at $17.69 million.
11:25
Svmuu reported, citing market sources: The White House has postponed the signing ceremony for the artificial intelligence executive order.
NVIDIA CEO Jensen Huang previously stated that AI will become a trillion-dollar industry, the return on investment in AI is very clear and extremely impressive, and NVIDIA's (NVDA.O) stock performance is "a mystery in the universe." (Jinshi)
11:18
Svmuu reported that according to Lookonchain monitoring, Loracle has reportedly deleted its account on social media platform X. Currently, accessing the account displays "This account doesn’t exist."
11:15
Svmuu News: According to on-chain analyst Yu Jin, a certain address has just submitted another redemption request for 892,000 HYPE tokens on the HyperEVM chain, valued at $55.09 million; The redemption process takes 7 days and is expected to be completed late next Thursday. Once the redemption is successful, the tokens may be transferred to Hyperliquid for profit-taking and sale.
11:12
Svmuu reports, according to MLM monitoring, Loracle has unstaked another 894,000 HYPE (approximately $55.4 million), reducing its currently staked HYPE to about 700,000 HYPE (approximately $43.4 million). Previously, it had completed the unstaking of 558,000 HYPE (approximately $34.6 million).
Data shows that Loracle is also continuously selling its spot holdings. It currently holds approximately 396,000 HYPE (approximately $24.5 million), while maintaining a short position of about 1.83 million HYPE (approximately $113.5 million). Overall, Loracle's current short exposure covers approximately 92% of its spot holdings, and the market remains highly attentive to its continued unstaking and strengthening of hedging activities.
11:02
Svmuu reported that according to Lookonchain monitoring, a trader who had previously made a profit of approximately $160,900 from trading PENGUIN has taken action again about 2 hours ago, purchasing 840,000 VIRL for around $4,800, sparking market attention on the token's capital flow.
11:00
According to on-chain analyst Ember's monitoring, HYPE’s largest short, loracle.hl, is not simply shorting HYPE naked. The short position serves as a hedging operation for the 2.1 million HYPE (worth $127 million) he holds. After HYPE hit a new high, he also began selling the HYPE spot he holds: 20 minutes ago, he transferred 557,000 HYPE (worth $33.35 million) from the HyperEVM chain to Hyperliquid, and is currently in the process of selling. He still holds approximately 1.667 million HYPE (worth $105 million) on the HyperEVM chain.
10:56
According to Hyperbot data, Loracle, an early contributor to Hyperliquid, has been continuously reducing its HYPE short positions. It currently holds a 5x leveraged HYPE short position of 1,832,858.99 HYPE, with an unrealized loss of approximately $27.9 million and a liquidation price of $74.1.
10:48
Svmuu reported that MoonPay has announced the launch of a new platform, MoonPay Trade, designed for banks, fintech companies, and enterprise clients. It provides unified access to tokenized assets, decentralized finance (DeFi) protocols, and stablecoin liquidity across over 200 blockchain networks.
The platform is powered by Decent.xyz, a cross-chain routing infrastructure company recently acquired by MoonPay for a reported "high eight-figure USD amount." MoonPay stated that this product will serve as the core execution layer for its institutional business, MoonPay Institutional, which is led by former Acting Chairman of the U.S. Commodity Futures Trading Commission (CFTC), Caroline Pham.
MoonPay Trade will support subscriptions for tokenized funds, collateral transfers, and integrations with DeFi protocols such as Aave, Morpho, and Maple Finance, enabling institutions to conduct lending and yield generation operations directly on-chain.
Industry data shows that the current scale of tokenized real-world assets (RWA) has exceeded $33 billion, growing threefold within a year. Traditional financial institutions, including BlackRock, Franklin Templeton, and JPMorgan, have successively launched tokenized fund products, accelerating the influx of institutional capital into on-chain finance.
MoonPay stated that as institutions continue to advance their tokenized asset strategies, its goal is to provide traditional financial institutions with the infrastructure capabilities for compliant access to on-chain markets through a unified interface. (CoinDesk)
10:42
Svmuu News: The U.S. Commodity Futures Trading Commission (CFTC) has signed a Memorandum of Understanding (MOU) with the National Hockey League (NHL) to strengthen the regulation of prediction markets. The two parties will enhance information sharing and collaboration to safeguard the fairness and integrity of the market for contracts related to professional hockey games and related events. This includes strengthening their existing event integrity monitoring systems and improving their ability to identify, prevent, and respond to potential risks. As platforms like Kalshi and Polymarket continue to gain traction, especially following the 2024 U.S. election cycle, sports and event-based prediction markets are increasingly moving into the mainstream financial and regulatory spotlight. (The Block)
10:30
Svmuu News: Solmate Infrastructure, a Nasdaq-listed Solana treasury company, announced the issuance of an aggregate of 2,298,000 shares of Class B common stock through a registered direct offering. The offering price is $4.97 per share, with total expected proceeds of approximately $11.4 million. The transaction is expected to close on or around May 27, 2026, subject to customary closing conditions. (Businesswire)

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