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5/25
21:51
According to monitoring by Onchain Lens, a whale has sold another 170,004 HYPE, valued at approximately $10.54 million.
Data shows that over the past 24 hours, this whale has sold a total of 321,574 HYPE at an average price of $61.81, with a total value of approximately $19.88 million. The whale still holds 30,005 HYPE for staking, worth about $1.78 million.
21:48
Svmuu reported that according to Gate data, spot silver has plunged 3%, falling below $76 per ounce. Spot gold has dropped 0.84%, breaking below $4,530 per ounce.
21:41
Svmuu reported that the Saturn Foundation officially posted on X, stating that it has blacklisted addresses related to the Squid hacker incident and frozen the stolen funds. Affected users can submit tickets on Saturn's official Discord server.
None of Saturn's contracts or infrastructure were affected by this incident.
21:38
According to the latest data from Gate, the price of gold has fallen to $4,535.27 per ounce, down 0.78% on the day. The price of silver has dropped to $76.429 per ounce, a decrease of 2.06% intraday.
BVIX (BTC Volatility Index) is currently quoted at 35.42, down 2.96% intraday. EVIX (ETH Volatility Index) is currently quoted at 49.86, down 2.24% on the day.
In the forex market, the US dollar against the offshore Chinese yuan (USD/CNH) is up 0.06% intraday, with the current exchange rate at 6.78823. The US dollar against the Japanese yen (USD/JPY) is up 0.02% intraday, currently trading at 158.961.
Regarding global stock indices, the Euro Stoxx 50 index (EUSTX50) is up 2.45% intraday, standing at 6,139.79 points; the UK FTSE 100 index (UK100) is up 0.49%, at 10,495.46 points; and the German DAX 40 index (GER40) is down 0.37%, at 25,293.34 points.
In commodities, WTI crude oil is up 1.63% intraday, priced at $95.29 per barrel. Brent crude oil is up 1.65% intraday, trading at $99.33 per barrel.
Gate supports users in directly trading traditional financial market products on its platform, offering one-stop coverage of multiple asset classes including precious metals, foreign exchange, global stock Contracts for Difference (CFDs), major indices, and commodities. This achieves a deep integration of crypto assets with traditional financial assets. Gate's TradFi-related features have been fully integrated into the Gate App and Web interface. Users can conveniently participate in global asset price trading without switching platforms, unlocking more strategies and opportunities beyond the crypto market, and continuously enhancing their multi-asset allocation experience.
21:30
1. The US-Iran ceasefire agreement will be extended for 60 days, and the Strait of Hormuz returns to normal navigation;
2. Ondo founder Nathan Allman passes away, President Ian De Bode takes over as CEO;
3. Hyperliquid has launched an official prediction market based on off-chain events;
4. US military conducts "self-defense strikes" on southern Iran;
5. ETF Store President: Stablecoins are not a genuine source of economic risk;
6. Wall Street Journal: Stablecoins are essentially "private money" and may pose risks to the financial system;
7. Strategy CEO: Investing $250,000 into STRC yields 10 times his mortgage rate;
8. Binance Wallet launches Event Rush, supporting tokenized trading of real-world events;
9. Squid: The security incident is unrelated to Squid’s core protocol and contracts; all Squid users and integrators remain unaffected;
10. SquidRouter suffers attack, 86 Gnosis Safe wallets stolen, approximately $3 million lost.
21:29
Svmuureports that Ark Invest founder Cathie Wood shared her Bitcoin price forecast for the next five years, with a base-case target of $750,000 and a bull-case target of $1.25 million.
Cathie Wood stated that key drivers for Bitcoin's rise include the gold substitution effect, Bitcoin's attributes as a "crisis insurance asset," and continued institutional adoption. (Cointelegraph)
21:24
Svmuu reported that Aave posted on X, stating that according to the recovery plan, the final batch of rsETH has been sent to the LayerZero lockbox.
Aave also noted that rsETH and all Aave markets are currently operating normally.
21:23
Svmuu reported that according to monitoring by crypto analyst Ember (@EmberCN), over the past 11 hours, a set of addresses associated with the ESPORTS project team has been continuously selling tokens on-chain, cumulatively dumping 253 million ESPORTS tokens, accounting for 28% of the total token supply.
Data shows that these ESPORTS tokens were first swapped for approximately 26,000 BNB, and then further converted into 17.29 million USDT. Impacted by the continuous sell-off, the price of ESPORTS has already dropped approximately 95% from its highs, falling from $0.7 to around $0.035.
21:20
Svmuu News: The Beacon announced on platform X that the first season of The Beacon, "Goblin's Gambit," is now live, with a total reward pool exceeding 7.7 million BCN tokens. Users can earn BCN tokens by participating in the game. Additionally, for the best experience, the official team recommends that users play the game via the Epic Games platform.
For more related content, please read: Complete Guide to the First Season of Chain Game The Beacon: 7.7 Million BCN Prize Pool and Treasure Chest Gameplay
21:03
Svmuu reported that Kenya's 2026 Finance Bill proposes a 10% consumption tax on Virtual Asset Service Providers (VASPs).
The bill also requires crypto companies to pay a one-time licensing fee of 150 million Kenyan shillings and an annual renewal fee of 2 million Kenyan shillings before operating locally. Additionally, they must submit annual reports containing user and transaction details to the Kenya Revenue Authority.
Analysts suggest this move could push some crypto platforms and users to relocate to countries more favorable to the crypto industry, potentially weakening Kenya's position in the African crypto market.
Furthermore, Gen Z-led protests have resumed in cities like Nairobi, opposing rising taxes on digital services, cryptocurrencies, mobile phones, and financial transactions. (Cryptopolitan)
21:01
Svmuu News Although the GENIUS Act and the CLARITY Act are pushing for stablecoin compliance, stablecoins remain essentially "private money" and could introduce structural risks to the financial system.
The article points out that stablecoins aim to combine the stability of the US dollar with the payment efficiency of blockchain, but because they operate on fragmented, privatized infrastructure, they lack the uniformity of the traditional dollar system. While USDT and USDC are pegged to the US dollar, their prices can still deviate from $1.
Additionally, stablecoin issuers have incentives to boost yields by allocating capital to high-risk, low-liquidity assets. Should the value of these assets decline, it could trigger de-pegging and concentrated redemption risks. Citing Chainalysis data, the article states that stablecoins account for 84% of illicit crypto activity, primarily involving sanctions evasion and money laundering, while their use in real economy payments accounts for less than 1%.
The Wall Street Journal argues that stablecoins are essentially repeating the path of the private money experiments seen during the "Free Banking Era" in 19th-century America. In the future, they may need to accept stricter regulation, similar to banks, and require deeper integration into the central banking system. (Wall Street Journal)
20:51
Svmuu News: ETF Store President Nate Geraci joked on X platform, "Stablecoins are clearly the real economic risk."
He noted that compared to inflation, escalating geopolitical tensions, and the continued rise in government and private debt, the market still views stablecoins as a source of risk. "You really couldn't make this up," he said.
20:49
According to GMGN data, Solana ecosystem token CARDS market cap continued to rebound, briefly surpassing $400 million before retreating to approximately $367 million, with an intraday gain of over 33%.
Svmuu reminds users that this token's price is highly volatile, and investors should be aware of the risks.
20:40
Svmuureports that, according to Gate data, South Korea's KOSPI index has stood above 8,100 points, continuing to hit a new record high, with a daily increase of 3.24%.
20:38
Svmuu reported that OKX market data shows ETH has dropped below 2100 USDT, currently trading at 2099.98 USDT, with a 24H decline of 0.38%.
20:38
Svmuu News: According to OKX market data, BTC has fallen below 77,000 USDT and is currently trading at 76,988.3 USDT, a 24-hour decline of 0.29%.
20:18
According to Lookonchain monitoring, the ESPORTS selling address has transferred out another 35.13 million ESPORTS tokens for sale in the past 3 hours.
Data shows that this address has previously sold a total of 22.73 million ESPORTS, receiving approximately 987,700 USDT.
20:14
Svmuu News: According to Onchain Lens, the whale that sold HYPE after eight months of inactivity has now opened a 2x leveraged long position of 2,839 ETH and a 2x leveraged short position of 94,101 HYPE, with the total value of these positions amounting to approximately $11.75 million. Data shows that this whale is currently simultaneously long on ETH and short on HYPE.
20:13
Svmuu News: The U.S. Central Command (CENTCOM) stated that U.S. forces have conducted a "self-defense strike" in southern Iran to protect U.S. troops stationed in the Middle East from threats from Iran.
The statement said the strike targeted missile launch facilities and Iranian vessels attempting to lay naval mines. CENTCOM also noted that during the current ceasefire, U.S. forces will continue to exercise restraint and protect their own troops' safety.
20:08
According to Svmuu, data from Gate shows that South Korea's KOSPI index has broken through 8,000 points, rising over 3% intraday. Japan's Nikkei 225 index opened up 0.23% at 65,305.16 points.

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