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On-chain data reveals a significant whale position: two linked addresses used 10x leverage to open a long position worth approximately $4.6 million in PEPE tokens, totaling 1.31 billion coins, signaling strong bullish sentiment.
Read MoreFutu Holdings has repurchased approximately $290 million worth of its ADS under its current buyback program as of May 27. This move underscores management's strong confidence in the company's future and its solid financial position. The company indicated it may continue buybacks based on market conditions.
Read MoreRecent analysis from CryptoQuant reveals a dramatic 81% drop in Bitcoin spot trading volume since October last year. This sharp decline highlights shifting market liquidity and growing investor caution, sparking discussions about the current crypto landscape.
Read MoreData reveals Bitcoin long-term holders are exhibiting strong conviction, not just holding but actively accumulating. Their holdings have surged to 16.2 million BTC, nearing the all-time high set earlier this year, signaling deep-rooted confidence among core market participants.
Read MoreInternational oil markets witnessed a sharp sell-off, with WTI crude futures plunging over 4% below $91. Brent crude also fell steeply, reflecting heightened concerns over economic outlook and supply-demand dynamics.
Read MoreChangxin Technology's IPO application for the STAR Market has been approved by the listing committee, a crucial step towards its public offering. This development signifies a major advancement for the company and bolsters confidence in China's semiconductor self-sufficiency drive.
Read MoreRussian energy officials propose a ban on cryptocurrency mining in parts of Moscow and Kursk until 2032. The move aims to manage regional energy consumption and infrastructure demands.
Read MoreOn May 27th, global oil prices experienced a sharp sell-off. Brent crude fell over 3% to $93.60 per barrel, while WTI crude dropped 3.42%, falling below $93. This significant pullback has raised questions about the sustainability of recent gains.
Read MoreArkham Intelligence data reveals Bitmine, led by Tom Lee, executed a massive $232.5 million Ethereum purchase over the past week. Its total ETH holdings now stand at $11.2 billion, representing 4.47% of the total supply. To reach the 5% threshold, an additional ~$1.34 billion is needed, a goal potentially achievable by mid-September at current accumulation rates.
Read MoreInternational oil prices saw a sharp decline, with WTI crude futures dropping over 3% below $91 per barrel. Brent crude also fell, reflecting growing market concerns and multiple pressures driving renewed volatility in energy markets.
Read MoreSouth Korean prosecutors have made their first arrest under the Virtual Asset User Protection Act, targeting a rug pull scam involving a Solana-based meme coin on a DEX. This landmark case extends regulatory enforcement from centralized exchanges to decentralized platforms and may set a key precedent for handling fraud, social media promotions, and DEX transactions.
Read MoreNasdaq-listed Bitcoin mining firm Hyperscale Data has quietly added 7.68 BTC to its corporate treasury, bringing total holdings to 699.68 BTC. This move reinforces institutional commitment to digital assets as a strategic reserve.
Read MoreThe Coinbase Bitcoin Premium Index has remained negative for 13 consecutive days, currently at -0.1644%. This persistent negative premium signals weakened U.S. demand and increased selling pressure, aligning with ongoing outflows from Bitcoin spot ETFs and pointing to declining risk appetite among American investors.
Read MoreMinneapolis Fed President Kashkari emphasized the central bank's focus on mounting inflation risks, driven partly by geopolitical tensions. He stated it's too early to predict the next rate move and advocated for data-dependent 'neutral' policy guidance.
Read MoreHong Kong's monetary authority has mandated banks to scrutinize investment accounts held by mainland clients. The crackdown targets accounts opened with fake documents since January 2023 and dormant 'zombie accounts'. Banks must complete reviews within set timelines, closing non-compliant accounts to bolster financial integrity.
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