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5/21
20:22
Svmuureported that according to Onchain Lens monitoring, trader Loracle (@loraclexyz) has deposited 616,670 HYPE into HyperLiquid, worth approximately $36 million, and has begun selling, with only about 78,000 HYPE remaining for sale.
In addition, the floating loss on his 5x leveraged HYPE short position has now expanded to $23 million, with a liquidation price of $83.34.
20:15
SvmuuNews: Billionaire investor Mark Cuban said he has sold most of his Bitcoin holdings, citing weakening confidence in Bitcoin as a hedge against fiat currency devaluation and geopolitical risks.
On a podcast, Cuban expressed disappointment that gold prices rose while Bitcoin fell after the outbreak of the Iran war, and that Bitcoin did not appreciate as expected when the U.S. dollar weakened.
Previously, Mark Cuban had called Bitcoin a "better version of gold," with about 60% of his crypto portfolio allocated to Bitcoin. He now says his disappointment with Bitcoin has surpassed that with Ethereum, and has referred to most other cryptocurrencies as "junk." (CoinDesk)
20:14
According to SoSoValue data, as of yesterday (May 21, Eastern Time), the HYPE spot ETF recorded a single-day total net inflow of $16.1505 million.
The HYPE spot ETF with the largest net inflow yesterday was the Bitwise Hyperliquid ETF (BHYP), which saw a single-day net inflow of $8.4406 million, bringing its historical total net inflow to $25.0030 million.
Second was the 21Shares Hyperliquid ETF (THYP), with a single-day net inflow of $7.7100 million, bringing its historical total net inflow to $42.5993 million.
As of press time, the total net asset value of HYPE spot ETFs stands at $81.1334 million, with a HYPE net asset ratio of 0.59%. The cumulative historical net inflow has reached $63.9552 million.
20:12
Svmuu, SEC Commissioner Hester Peirce stated that the SEC’s “innovation exemption” for tokenized stocks is expected to apply only to on-chain equity products.
She pointed out that synthetic tokens that merely mimic stock price performance but do not carry full shareholder rights are expected to be ineligible for the relevant regulatory exemption. (Cointelegraph)
20:08
Svmuu reported that analysts from JPMorgan stated that tokenized money market funds are expected to continue growing, but unless regulatory rules change, their size is unlikely to exceed 10% to 15% of the stablecoin market.
Data shows that the current size of tokenized money market funds is only about 5% of the stablecoin market. Analysts point out that stablecoins have become the primary cash instruments in the crypto ecosystem, widely used for collateral management, trading, settlement, cross-border payments, and daily liquidity management.
In contrast, tokenized money market funds are typically classified as securities and must comply with regulatory requirements such as registration, disclosure, reporting obligations, and transfer restrictions, making it difficult for them to circulate freely within the crypto ecosystem like stablecoins. (The Block)
20:03
Svmuu reports, according to monitoring by Onchain Lens, two wallets suspected to be linked to the same entity have closed their HYPE short positions, incurring losses exceeding $6.99 million. They subsequently withdrew the remaining USDC and deposited it into Coinbase.
20:00
Coinbase CEO Brian Armstrong posted on X platform, stating that one of the challenges founders face is putting ideas out into the world, seeing if anyone cares, and verifying whether they can truly execute. He emphasized that founders need to build resilience, ignore the naysayers, while listening to advice from those who genuinely have their best interests at heart, and possess the judgment to distinguish between the two. Armstrong noted that founders must maintain passion through repeated setbacks, keep pushing forward over many years, and continue proposing more ideas when solutions prove ineffective. He also mentioned meeting with founders building on Base at Base Batches yesterday to learn about the latest on-chain innovations.
14:03
Svmuu News Gate data shows that both WTI and Brent crude oil continue to decline, both falling below the $100 mark, currently reporting at $99.6/barrel and $99.7/barrel respectively.
13:36
Svmuu News, May 21st (local time) – Iranian Foreign Ministry Spokesperson Baghaei stated in a media interview that, at this stage, the focus of negotiations is to end wars on all fronts, including Lebanon. Media reports concerning nuclear issues, including matters or debates related to uranium enrichment, are merely speculative and lack credibility. He also noted that accurate information regarding the details of the negotiations will be provided by authorized officials and the spokesperson of the negotiating team. (CCTV News)
13:31
According to OKX market data, BTC has broken through 78,000 USDT and is currently reported at 78,001 USDT, with a 24H increase of 0.59%.
13:20
Svmuu reported that, according to the Islamic Republic News Agency (IRNA) citing Al Arabiya, with Pakistan's mediation, the final draft of the U.S.-Iran agreement has been reached and is expected to be announced within the next few hours. (Jinshi)
12:39
Svmuu reported that the cross-chain settlement protocol Everclear announced on platform X the closure of its Foundation, Labs, and product development. The core reason is that although its solver-based cross-chain fund rebalancing model has reached a monthly trading volume of $500 million, user price sensitivity has made it difficult to convert this into substantial revenue. The DAO will continue to operate and explore open-sourcing the protocol. If any remaining funds are available, consideration will be given to a CLEAR token buyback. Currently, the official party has not yet disclosed a specific closure timeline, asset disposal plan, or follow-up arrangements for user funds.
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)

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