Today
2025/05/28

Bloomberg analyst: Understanding Strategy and BlackRock's non-public wallet address

Eric Balchunas, senior ETF analyst at Bloomberg, said in a post on the X platform that although there is no opinion on Strategy's public wallet address, it is understood that Strategy and BlackRock do not disclose wallet addresses, which is just like public figures are reluctant to disclose their personal email addresses, if the company is small, the public wallet address may have less impact, but for giants like Strategy or BlackRock, There may be a price to pay for a public wallet.
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Cork Protocol was attacked, resulting in a loss of over 10 million dollars.

Gate News bot news, according to the report from the Slow Mist security team, the Cork Protocol project has shown suspicious on-chain activities, with a financial loss exceeding 10 million dollars. Cork Protocol is a project that once received investment from a16z CSX. The project's co-founder, Phil Fogel, has confirmed that an investigation into the incident is underway and all contract operations have been suspended. Source: Wu Says
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International Netherlands: The New Zealand Reserve Bank's deviation from its easing policy stance is "obviously Favourable Information" for the New Zealand dollar.

Jin10 data May 28 news, analysts from ING, Francisco Pesole, pointed out in a report that the Reserve Bank of New Zealand was cautious in its stance on future interest rate cuts during Wednesday's meeting, which may allow the New Zealand dollar to continue its rise. The Chief Economist of the Reserve Bank of New Zealand, Paul Conway, and the Governor, Christian Hawkesby, also hold a cautious attitude towards further interest rate cuts. Pesole stated that the Reserve Bank of New Zealand's deviation from the easing policy stance is "obviously favourable information" for the New Zealand dollar.
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James Wynn: Has invested a lot of money out of his own pocket into the Meme project moonpig.

Odaily News James Wynn posted on the X platform stating that there are too many fake news and lies about moonpig in the market, and he hopes to express himself: he has already donated over 1 million dollars in cash to the project and has personally invested a lot of money in the Meme project moonpig, doing this because he urgently hopes to see the moonpig community succeed and disappoint all the opponents.
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China Tungsten High-Tech: Prices of some tool products have been adjusted with a rise of 5-8 percentage points.

On May 28, Jin10 reported that Zhongtung High-tech stated at the earnings briefing that the company has made appropriate adjustments to the prices of some tool products, with price increases ranging from 5 to 8 percentage points, covering more than 50% of the company's overall sales of cutting tools. The adjustment range varies for different products based on factors such as cost composition, market demand, and competitive conditions, mainly to balance the dual factors of cost and market. In the future, the company will adjust its product pricing strategy in a timely manner based on the trend of tungsten raw material prices and changes in market supply and demand.
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Cork Protocol co-founders: Investigating vulnerabilities, all contracts have been suspended.

Odaily News Cork Protocol co-founder Phil Fogel posted on the X platform stating that they are investigating the vulnerability, all contracts have been suspended, and more information will be reported in a timely manner.
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Market news: Telegram has reached a one-year cooperation agreement with Elon Musk's xAI.

Odaily News According to market news: Telegram and xAI, owned by Musk, have agreed to establish a one-year partnership to distribute GrokROK to TELEGRAM users and integrate it into the Telegram application.
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Slow Fog Releases Analysis of Osiris Malicious Browser Extension: Users Have Already Suffered Losses, Reminder to Avoid Installing Unknown Programs, Extensions, etc.

SlowMist officially released an analysis of the Osiris malicious browser extension, pointing out that the extension will replace the user's download link and cause the malicious program to download, and the attacker can steal assets and user data, reminding users to avoid installing unknown programs and not trusting unfamiliar tools.
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Mitsubishi UFJ: Government Action Needed to Address Concerns Over Japan's Fiscal Deficit

Analysts from Mitsubishi UFJ Financial Group pointed out that the comments made by Bank of Japan Governor Kazuo Ueda help suppress the rise in government bond yields. Nevertheless, the Bank of Japan may be reluctant to change its policy plans. Ueda stated that he will closely monitor the government bond market, and the Bank of Japan is determined to promote policy normalization. Analysts believe that the responsibility may fall back on the government.
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Sophon has opened Airdrop claims.

BlockBeats news, on May 28, Sophon announced on social media that the airdrop application is now open to eligible early contributors, with an application period of 60 days.
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BiyaPay Analyst: Strategy added 4,020 BTC last week, and BiyaPay supports convenient purchase of Strategy US stocks with USDT.

As a publicly listed company on the US stock market, Strategy's ongoing increase in its Bitcoin position demonstrates a firm digital asset strategy, achieving a 16.8% return on Bitcoin investments. BiyaPay provides investors with a convenient USDT deposit channel, supporting the purchase of Strategy and other US stocks, connecting digital currency with traditional financial assets. BiyaPay offers a one-stop asset management service, helping global investors seize opportunities in the digital asset and US stock market. Users purchasing US stocks can enjoy advantages such as USDT deposits, diversified asset allocation, low transaction costs, and safety compliance.
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U.S. trade advisor Navarro: The bond market's view on Trump's legislation is mistaken.

BlockBeats news, on May 28, U.S. trade advisor Navarro pointed out in a column that the bond market has misinterpreted Trump's proposal. (Jin10)
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James Wynn has reduced his BTC long positions to about $200 million, with a loss of $55.3 million in the past week.

According to Golden Finance, on-chain analyst Onchain Lens (@OnchainLens) has monitored that trader James Wynn has partially reduced his Bitcoin long positions, with the current position valued at $200 million, reflecting an unrealized loss of approximately $800,000. From May 5 to May 23, his total earnings once soared from $5.7 million to $87 million, but have now fallen back to $1.91 million, with a loss of $55.3 million over the past week.
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CryptoQuant CEO: Saylor has introduced liquidity from the US capital market into Bitcoin, creating a perpetual motion effect.

Golden Finance reports that CryptoQuant founder and CEO Ki Young Ju tweeted that Saylor successfully hacked into the US Capital Market, redirecting liquidity to Bitcoin. Bitcoin treasury companies with trading desks have formed a perpetual motion effect, with market fluctuations continuously injecting power into them.
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Honor confirms its entry into the Bots business

Jin10 reported on May 28, at the launch event of the Honor 400 series, Honor's CEO Li Jian showcased the story of his employees and Bots development, unexpectedly announcing that Honor has entered the Bots market. According to reports, the Bots showcased by Li Jian at the launch event can run at a speed of 4m/s, breaking the previous record in the Bots industry.
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Mindao: The stablecoin bill will trigger changes, and DeFi underlying protocols will become the biggest beneficiaries

The founder of DeFi pointed out that the stablecoin bill will trigger a change, with DeFi protocols becoming beneficiaries. Decentralized stablecoins are under pressure, USDC faces challenges, while USDT benefits. Stablecoins are just the prelude to the RWA wave, and the combination of DeFi and AI will open up new developments, with logic becoming agent-based.
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Analysis: Bitcoin's market capitalization share has exceeded 64%, and the options market at the end of May shows a bullish tendency.

Bitcoin's market capitalization accounts for over 64% of the cryptocurrency market, continuing to dominate. Despite recent favourable information, Bitcoin's price is still fluctuating between $106,600 and $111,700. The derivatives market shows bullish interest, anticipating a price pump. In contrast, Ethereum and Solana's prices are weak, falling below the 200-day MA, and the market lacks bullish confidence in these assets.
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The proportion of short positions held by JPMorgan's clients in U.S. Treasuries has reached a new high since February.

Golden Finance reported that a JPMorgan U.S. Treasury client survey showed that for the week ending May 27, the short positions increased by 2 percentage points, the long positions decreased by 2 percentage points, and the neutral positions remained unchanged. All client surveys indicated that the proportion of short positions reached a new high since February 10, while net long positions hit the lowest level since February 3.
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International Netherlands: The recovery of the US dollar may still be relatively limited.

According to a report by Francisco Pesole, an analyst at ING, on May 28, the recovery of the US dollar may still be limited due to ongoing market concerns about the slowdown in US economic growth and budget deficits. He stated that the rebound in the May consumer confidence survey data from the Conference Board boosted the strength of the dollar. However, to rebuild market confidence in US economic growth, more positive data support is still needed, and concerns about the deficit "will not dissipate in the short term." The dollar continues to face "downside risks" in the short term. "The unexpected rise in consumer confidence data has reduced these risks, but we remain cautious about chasing a breakthrough of the dollar index above the 100 mark."
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Japan, the United States, and Australia plan to hold a trilateral defense ministers' meeting in Singapore.

Golden Ten Data on May 28, a number of relevant people in the Japanese government revealed on the 28th that Japan, the United States, and Australia plan to hold a trilateral defense ministers' meeting on the occasion of the Asian Security Conference held in Singapore from 30 to June 1, and have coordinated on this. The three sides are expected to agree to establish a mechanism for senior defense officials to strengthen cooperation between the Self-Defense Forces and the U.S. and Australian militaries at the policy and operational levels. In addition, it is planned to increase the frequency of ministerial meetings.
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The Reddio Airdrop query page is now online.

According to BlockBeats news, on May 28, the Reddio Airdrop query page is now live, and after the official launch of the RDO Token, users can claim the tokens.
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Ahead of Nvidia's earnings report, the cost of insuring against default on euro credit default swaps (CDS) remains steady.

On May 28, the cost of insurance for euro credit default swaps (CDS) remained stable, as investors remained cautious ahead of Nvidia's earnings release on Wednesday. Joshua Mahony, chief market analyst at Rostro, said in a note: "Nvidia's earnings report is the main corporate highlight of the week, and the world's second-largest company by market capitalization will report results after the market closes. The iTraxx Europe Crossover Index, which tracks euro junk bond credit default swaps, was flat at 300 basis points, according to S&P Global Market Intelligence data.
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Analyst: The pound is still undervalued

Monex Europe analysts believe that although the pound has appreciated recently, it is still undervalued, particularly against the euro Exchange Rate. The interest rate differential and growth disparity are favorable for the pound, as the UK is relatively able to withstand US tariff risks. However, the euro has pumped 1.4% against the pound, with external factors putting pressure on the pound's valuation.
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Iran says that if a nuclear agreement is reached between Iran and the US, it may allow US inspectors to access its nuclear facilities.

On May 28, Iranian Atomic Energy Organization Chairman Islami said on the 28th that if Iran reaches a nuclear deal with the United States, Iran may allow the International Atomic Energy Agency (IAEA) to send American inspectors to visit Iran's nuclear facilities. From April 12 to May 23, Iran and the United States held five rounds of indirect talks on the Iranian nuclear issue, and the differences between the two sides on core issues such as uranium enrichment remain prominent.
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Hehe Information: Plans to issue H-shares and list on the Hong Kong Stock Exchange.

Jin10 data reported on May 28 that Hehe Information announced that the company plans to issue shares overseas and apply for listing on the main board of the Hong Kong Stock Exchange to further promote the company's global strategic layout, enhance the ability of global capital operations, and further improve the company's global brand awareness and overall competitiveness. This issuance and listing still need to be submitted to the company's shareholders meeting for deliberation and require approval and/or approval from relevant government agencies and regulatory bodies. Currently, other specific details regarding this issuance and listing have not been determined.
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CETUS: This week's xCETUS rewards have been distributed as scheduled and will be temporarily suspended for one week.

PANews May 28 news, Sui chain DEX protocol Cetus announced on official Twitter that this week's xCETUS rewards have been distributed as scheduled, as the relevant rewards were registered before the event occurred. However, due to the pause and recovery of CLMM liquidity pool operations, xCETUS staking rewards will be temporarily suspended for one week.
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Tongda Electric: The company's stock carries the risk of excessive market sentiment and irrational speculation.

Jin10 reported on May 28 that Tongda Electric announced that its stock has hit the daily price limit for three consecutive trading days, with a cumulative rise of 30.01%, significantly higher than the industry and Shanghai Composite Index gains during the same period. The company's price-to-earnings ratio is notably above the industry average, and the external circulation is relatively small. There have been no significant changes in the company's fundamentals, nor are there any major undisclosed information that should have been disclosed. Investors are advised to invest rationally and be aware of the trading risks in the Secondary Market.
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Jinhong Group: Currently, the operating conditions are normal, and there have been no significant changes in the internal and external operating environment.

Jin10 Data May 28 News, Jinhong Group announced a significant change, the company's current operating status is normal, and there have been no major changes in the internal and external operating environment. There is no significant information that should be disclosed but has not been disclosed. The company disclosed the Q1 2025 report on April 30, 2025, with operating revenue of 1.111 billion yuan, a year-on-year decrease of 3.59%; and a net profit attributable to shareholders of the listed company of 89 million yuan, a year-on-year decrease of 23.35%. During the reporting period, the company's "Weige Convertible Bond" was redeemed upon maturity, impacting the company's cash funds by 323 million yuan and affecting the current net profit by 28 million yuan.
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Crona coin investment guide and price movement analysis

Crona coin, as an emerging crypto asset, demonstrates unique market potential with a fully diluted value of up to $17,899.81. Investors should follow its price fluctuation and adopt regular investment and diversification strategies. In terms of mining, participating in staking or liquidity mining projects can generate passive income, but attention must be paid to the risk-reward ratio and capital safety. Overall, investors should respond cautiously to the high volatility of the crypto asset market.
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K33: MSTR's premium over Bitcoin Holdings has decreased, and competition among peers has led to a slowdown in Strategy's accumulation.

Gate News bot reported that Strategy, formerly known as MicroStrategy, has continued to buy Bitcoin aggressively in recent weeks, albeit at a slower pace than its peak in November last year. Vetle Lunde, head of research at K33, noted in a note on Tuesday that the slowdown could be due to a decline in the premium of Strategy's Class A common stock, MSTR, to its Bitcoin holdings, as well as increased competition for corporate capital accumulation.
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QCP: Main asset volatility declines as encryption policies gain attention

According to the latest analysis report of QCP, the volatility of major asset classes is falling. The US 10-year Treasury yield fell below 4.5%, and the 30-year yield fell below 5.0%. At the same time, Japan's 30-year government bond yield also fell below 3%. Financial markets are currently watching the June auction of long-term U.S. Treasury bonds and the issuance of 40-year Japanese government bond (JGB). In addition, Senator Lummis's speech on stablecoins and bitcoin strategic reserves also became the focus of the market, and the promotion of cryptocurrency policy attracted attention.
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CryptoQuant CEO: Michael Saylor redirects liquidity from the US Capital Market to Bitcoin.

Gate News bot, CryptoQuant CEO Ki Young Ju posted on social platforms that Strategy founder Michael Saylor "invaded" the U.S. capital market to redirect liquidity to Bitcoin. Bitcoin money management companies with central bank counters are like a perpetual motion machine, and no one knows when they will stop. Volatility constantly fuels it. The "Up only" of a permanent bull market no longer looks like a meme.
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Kremlin: (Regarding Zelensky's comments about his readiness to meet with Putin and Trump) Such meetings should be conducted as a result of negotiations.

The potential new support level for Bitcoin's next pullback may be located at $94,000.

In his latest X commentary, Keith Alan, co-founder of trading resource firm Material Indicators, noted that if there is a new pullback in Bitcoin's price, its support level could only be at $94,000, and its rebound zone is at the 21-week moving average. However, Alan believes that the market is sending positive signals for the future, and that bulk traders are adding to their BTC holdings at current levels. "BTC is consolidating above $100,000 and whales are adding to their holdings," he concluded. The accompanying chart shows that buying is increasing in two broad categories of transactions typically associated with whale entities. In addition, the chart also confirms that as of May 27, $112,000 is the level that attracts the highest selling liquidity.
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The macro environment lacks surprises, and the metal market trading is quiet.

Base metal prices are fluctuating between rising and holding steady, with copper up 0.4% to $9,637.50 per ton, and aluminum flat at $2,482.0 per ton. Analysts at Britannia Global Markets believe that the weekly change in copper and aluminum is only 0.9% and 0.1% respectively, due to weak momentum and macroeconomic constraints. Aluminum prices are supported by inventory, but the market remains cautious due to weak demand and a lack of new drivers.
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Ripple proposes a "network maturity" test to determine when encryption tokens are no longer securities.

Gate News bot news, Ripple has proposed a new legislative framework to determine when crypto tokens should no longer be considered securities. The company calls it a "network maturity" test, which assesses whether a token has outgrown its initial investment contract based on objective criteria such as market capitalization, operational history, and degree of decentralization of control. Ripple's legal team outlined the proposal in a May 27 letter to the SEC's (SEC) Crypto Working Group in response to the institution's question about when cryptoassets, which were originally part of an investment contract, were legally distinguished from that contract.
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Ethereum forms a rising triangle pattern with the potential to break through the $3000 barrier.

According to Gate News bot, ETH has formed an "ascending triangle" pattern on the price chart and is expected to break through the $3,000 mark. Over the past two weeks, ETH has encountered resistance at $2,735 several times, while the subsequent pullback lows have been rising, and the price action has shown an upward triangle. Rising lows indicate that buying pressure is rising, which is the bullish nature of the ascending triangle. In other words, the pattern represents the accumulation of prices and usually sets the stage for the next round of increases. A breakout of the ascending triangle is expected to signal a resumption of a rebound from the April low near $1,390, opening the channel for a break above $3,000.
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James Wynn criticized the eyewash of memes, but was retorted by ZachXBT: You haven't done much either.

Gate News bot message, in response to well-known trader James Wynn's claim that a conspiracy group is using his name to issue Tokens and selling at a high point, on-chain detective ZachXBT responded by pointing out: "In the past few years, you have indeed carried out the same type of memes eyewash on your fans." Previously, Dylan reported in July 2024 that James Wynn held 2% of the Babypepe Token and sold it in batches after the price rose. It is worth noting that James Wynn stated in his announcement that he only supports MOONPIG and PEPE two types of memes.
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Telegram plans to issue bonds to raise $1.5 billion, with investors including BlackRock and Citadel.

According to the Wall Street Journal, Telegram will issue bonds on Wednesday to raise at least $1.5 billion and win the support of new and existing investors, according to people familiar with the matter. Telegram will issue a five-year bond with a yield of 9%. The company plans to use the bonds to buy back its remaining bonds issued in 2021, which are due in March next year. The company had previously repurchased about $400 million of such bonds with cash. Investors include existing Telegram bondholders, such as U.S. asset manager BlackRock (BlackRock) and Abu Dhabi's state-owned investment firm Mubadala (Mubadala), people familiar with the matter said. In addition, new investors are expected to include hedge fund firm Citadel, among others.
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DWF Labs partners predict that more publicly traded companies will raise funds to acquire alts.

Gate News bot message, DWF Labs partner Andrei Grachev posted on the X platform stating that we will see many publicly listed companies raising funds to purchase alts. This is expected to be the development trend for this cycle, especially for NASDAQ-listed companies.
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DWF Partners: Will see many listed companies raise funds to purchase alts.

BlockBeats News, on May 28, DWF Labs Executive Partner Andrei Grachev posted on social media stating that the season for "strategic" transactions with listed companies has arrived, and we will see many listed companies raising funds to purchase alts in the future. This is a development trend for this cycle, especially targeting Nasdaq-listed companies.
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SUI on-chain DEX protocol Momentum TVL breaks 65 million USD, setting a new historical high

Odaily News Latest data shows that the SUI on-chain native ve(3,3) DEX protocol Momentum TVL has surpassed 65 million USD, marking the highest value since the protocol's launch on March 27, 2025.
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After the setback of Shein's IPO in London, it is shifting its focus to Hong Kong and plans to submit its prospectus and complete the listing within the year.

Jin10 reported on May 28 that, according to informed sources, after facing obstacles in their IPO in London, online fast fashion retailer Shein is preparing to shift towards a listing in Hong Kong. Informed sources pointed out that regardless of which market Shein ultimately chooses to list in, its IPO valuation will inevitably be impacted by changes in international tariff policies. In February this year, Shein had lowered its target valuation for the London IPO to about $50 billion, a decrease of nearly a quarter compared to the $66 billion valuation it received in a $2 billion private sale financing round in 2023.
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Jinji Co., Ltd.: The company's Computing Power business is progressing normally, and all available equipment has been providing services externally.

Jin10 data reported on May 28th, Jinji Co., Ltd. stated on the investor interaction platform that the company's Computing Power business is progressing normally, and all available equipment is providing services externally. For specific business developments, please refer to the relevant announcements.
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London fintech company Merge has obtained dual licenses in France, allowing it to provide cross-border payment services for fiat and stablecoins.

London fintech company Merge has received approval from French regulators to become an electronic money institution and virtual asset service provider, offering cross-border payment services that integrate traditional fiat and blockchain stablecoin transfers within a compliance framework. Merge provides multiple services through a single API, including multi-currency accounts, real-time payments, SWIFT connections, and more, helping businesses manage global invoice settlement, revenue repatriation, and local currency payment supplier fees.
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