Today
2025/05/28

Virtuals Protocol releases points distribution and adjusts Dust level cooldown time

Gate News bot News, Virtuals Protocol released a genesis update on social media, involving the distribution of points and the adjustment of Dust-Level cooldown:1. The daily points for May 27, 2025 have been allocated; 2. TP Cooldown Adjustment for Dust Level Sales: The team found a few edge cases where the wallet inadvertently sold a small amount of money without intentionally manipulating or exploiting the system, but was still on the TP cooldown. To avoid disproportionate penalties, the TP cooldown for these wallets has been eliminated and a small one-time compensation will be issued without any action on the user's end.
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Yesterday, the United States saw a net inflow of 38.8 million dollars into the Ethereum Spot ETF, marking a continuous net inflow for seven trading days.

According to BlockBeats, on May 28, data from Farside Investors shows that yesterday the net inflow of the U.S. Ethereum Spot ETF was $38.8 million, marking the seventh consecutive trading day of net inflow. Among them: BlackRock ETHA had a net inflow of $32.5 million; Fidelity FETH had a net inflow of $3.4 million; and VanEck ETHV had a net inflow of $2.9 million.
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Trader Eugene: A rational view should remain bullish, but defensive thinking makes it difficult for me to turn.

BlockBeats News, on May 28, top trader Eugene Ng Ah Sio posted on his personal channel, "The past two months have been the hardest trading period that I have experienced – and many of the top traders I know. We are faced with an extremely challenging situation: on the one hand, there are good reasons to maintain a bearish or defensive stance, and on the other hand, the market is extremely volatile, frequently testing traders' beliefs, resulting in most people either being reaped repeatedly throughout the rally, or only on the sidelines." "From a fundamental point of view, the reasons why you should remain conservative include: the tariff situation is still materially impacting global growth, and the Trump administration lacks long-term clarity on how to deal with it; U.S. 10-year Treasury yields remain high, weighing on the outlook for risk assets; BTC unnatural (?) buying driven by retail optimism in traditional finance
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Ethereum is consolidating below $2700, with trading volume possibly supporting its breakout above $4000.

Gate News bot news, Ethereum is consolidating below a key resistance level, maintaining its bullish structure. If the Trading Volume supports a breakout, ETH could surge towards $4,000 in the next strong pump. Key technical points are as follows: $2,700 resistance level: ETH is consolidating below this level of resistance, which has been maintained for several weeks; ascending triangle pattern: a bullish pattern formed by continuously rising lows leading to a flat resistance line; bullish market structure: a series of higher highs and higher lows remain intact, indicating a strengthening market.
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Blockchain Builders raised $28 million in funding to support encryption startups.

Blockchain Builders announced the completion of a $28 million fundraise, primarily investing in the intersection of AI and Blockchain as well as fintech applications. They have injected over $16 million into 40 blockchain startup projects, including modular AI company 0G and supercomputing project Nexus Labs. The fund plans to deploy $12 million by the end of 2025 while preparing to expand its investment network to universities such as Carnegie Mellon and Princeton.
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The Bank of Japan is vigilant about the impact of ultra-long bond yield fluctuations on borrowing costs.

On May 28, Bank of Japan Governor Kazuo Ueda said on Wednesday that the central bank will be wary of the risk that large fluctuations in ultra-long-term bond yields may affect short-term borrowing costs and have a greater impact on the economy. The comments underscore the BOJ's growing focus on the recent volatility in ultra-long-term bond yields, which could influence the central bank's discussions on the pace of bond tapering next month. According to a survey summary released by the Bank of Japan, many bond market participants appear to be calling for maintaining or slightly slowing the pace of tapering from fiscal 2026. The focus will be on the BoJ's response at its next policy meeting on June 16-17, when the BoJ will review its existing bond tapering program and propose plans for the next fiscal year and beyond.
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MilkyWay: The first phase of the Airdrop claim will end tomorrow.

According to BlockBeats news, on May 28, the Celestia liquid staking protocol MilkyWay Foundation issued a reminder that the deadline for claiming the first phase of the Airdrop is May 29 at 18:00 (UTC+8), and all unclaimed MILK will be allocated to the community treasury.
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10x Research: Bitcoin long positions need to follow 10 bearish signals

Gate News bot news, 10x Research released a market analysis report outlining 10 bearish signals currently overlooked by Bitcoin long positions. It mentions that since April, Bitcoin's strong rebound has attracted numerous investors, but there are signs indicating that the engine behind this rise may be running out of steam. Despite the price movement remaining strong, some key momentum indicators are issuing warnings. Capital inflows from institutional buyers like ETF and MicroStrategy seem to be slowing down, while volatility is decreasing and retail investor interest is gradually waning.
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The International Monetary Fund will ensure that El Salvador no longer purchases Bitcoin.

Gate News bot news, the International Monetary Fund (IMF) announced on Tuesday that it will strive to "ensure" that the amount of Bitcoin held by the Salvadoran government remains unchanged—this stance contradicts President Nayib Bukele's ongoing advocacy for increasing the country's Bitcoin holdings. Bukele retweeted the IMF's statement on Tuesday but did not mention the part of the article regarding the organization's plan to limit further purchases of Bitcoin, which brings uncertainty to El Salvador's future Bitcoin accumulation strategy.
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White House encryption and AI chief David Sacks criticized anti-encryption Senator Warren

Gate News bot news, David Sacks, the White House's crypto and AI director, criticized anti-Crypto Assets Senator Elizabeth Warren, stating: "For some reason, she has a pathological hatred for the Crypto Assets community. She wants to drive this community overseas, and she doesn’t want the crypto industry to thrive in the United States."
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David Sacks criticizes Senator Warren's anti-encryption stance.

According to ChainCatcher news and reported by @WatcherGuru, David Sacks, the U.S. White House's cryptocurrency and artificial intelligence director and "crypto czar", recently publicly criticized Massachusetts Senator Elizabeth Warren's anti-crypto assets policy. Sacks stated: Warren has a pathological hatred for the crypto community, and her policy intentions aim to drive the crypto industry out of the United States. This statement stems from Warren's long-standing push for strict regulation of Crypto Assets.
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DeFi Development Corp: Since April 7, the SPS indicator has increased to 0.042 SOL per share, with a rise of 42 times.

DeFi Development Corp announced that it will use SPS's proprietary performance metrics to calculate the SPS value by dividing the total amount of SOL held by the number of shares outstanding. The higher the SPS value, the greater the company's risk exposure. Since April 7, 2025, DeFi Development Corp's SPS has grown from 0.001 SOL per share to 0.042 SOL per share, a 42-fold increase. The Company's current focus is on achieving the next SPS milestone of 0.143 SOL per share.
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Hyperdrive has launched, and LayerZero has become its interoperability provider.

Gate News bot message, LayerZero announced on social media that Hyperdrive is now live. LayerZero has become its official interoperability provider, supporting the latest stablecoin market on Hyperliquid.
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The company bond ETF from E Fund has surpassed 10 billion yuan, becoming the first benchmark market-making company bond ETF of 10 billion.

As funds accelerate into credit bond ETFs, the first billion-level exchange Benchmark market-making corporate bond ETF has been born, reaching a scale of 10.3 billion yuan, becoming the fourth billion-level credit bond ETF in the market. The total net inflow of 11 credit bond ETFs in the market this year is nearly 60 billion yuan, with a total scale exceeding 130 billion yuan, an increase of nearly 150% compared to the end of last year. This development benefits from the launch of the exchange Benchmark market-making corporate bond ETF.
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James Wynn's high leverage operation evaporated 84 million dollars in 5 days, leaving only 3 million dollars in profit.

Odaily News According to @EmberCN monitoring, James Wynn currently holds approximately 4792 BTC with a 40x leverage long position, with a total position value of 520 million USD, an entry price of 109782 USD, and a liquidation price of 107419 USD. The address currently has only about $3 million in floating profit, compared to $87 million five days ago, which means that it has given back about $84 million in profits in the short term due to frequent position increases and stop-loss operations, which is close to the principal risk zone.
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DappRadar: NFT lending market volume fell by 97% RWA is expected to revive

Gate News bot reports that the blockchain analysis platform DappRadar indicates that linking real-world assets (RWA) with NFTs is one of the key catalysts that could revitalize the declining NFT lending industry. DappRadar analyst Sara Gherghelas stated in a report on May 27 that the trading volume of the NFT lending market (which allows NFT holders to obtain loans by collateralizing tokens) has decreased by 97% from a peak of about $1 billion in January 2024 to $50 million in May.
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Musk responds to Starship test flight failure: significant progress has been made, and the pace of test flights will accelerate in the future.

Jin10 Data May 28 News, the ninth test flight of the "Starship" did not succeed. Elon Musk responded on social media: "The spacecraft completed the shutdown of the spacecraft's engines as planned, a significant improvement over the last flight! At the same time, there was no significant loss of thermal tiles during the rise process. A leak in the fuel tank caused the main fuel tank to lose pressure during the coast and re-entry phases. There are many good data points to review. The launch cadence for the next three flights will be faster, approximately one launch every 3 to 4 weeks."
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James Wynn allegedly sold 240 billion PEPE to fund long positions in BTC.

Gate News bot reports that, according to Lookonchain monitoring, it seems that well-known trader James Wynn has sold 240 billion PEPE for 3.32 million dollars to fund his long positions in BTC.
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The Reserve Bank of New Zealand has cut interest rates for the sixth consecutive time, in line with expectations.

Gate News bot message, the Reserve Bank of New Zealand has lowered the policy Intrerest Rate from 3.50% to 3.25%, marking the sixth consecutive rate cut, in line with market expectations.
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Canadian publicly traded company Captor Capital announced that it has purchased $500,000 in Bitcoin.

According to ChainCatcher news, Canadian listed company Captor Capital Corp has disclosed that it has completed a purchase of Bitcoin worth $500,000, while also obtaining a $450,000 convertible bond investment from a European institutional investor. Captor Capital plans to strengthen the company's layout in the digital asset field.
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The US Spot Bitcoin ETF saw a net inflow of $386.77 million yesterday.

According to Golden Finance reports, TraderT monitored that the net inflow of the US Spot Bitcoin ETF yesterday was 386.77 million USD.
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The Russian army shot down more than 30 drones heading to Moscow.

Jin10 reported on May 28 that the Mayor of Moscow, Sobyanin, announced that the Russian air defense forces shot down 33 drones heading for Moscow in the early hours of the 28th. There are no reports of casualties or serious damage.
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Florida, USA signs a bill recognizing gold and silver as legal tender.

Gate News bot message, local time on Tuesday, Florida Governor Ron DeSantis signed legislation recognizing gold and silver as legal tender in the state, stating that this move is to protect Floridians from the effects of dollar devaluation. DeSantis also criticized the spending behavior of the U.S. federal government, likening the predicament of "DOGE and Musk" to "fighting the swamp." DeSantis stated, "It's the end of May, and Congress hasn't implemented a single cent of DOGE (budget) cuts! DOGE is fighting the swamp, and so far, the swamp has won."
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KindlyMD purchased 21 BTC for the first time and will incorporate it into its Bitcoin financial strategy.

NASDAQ-listed company KindlyMD has purchased 21 Bitcoins for a total value of approximately $2.3 million, with each Bitcoin priced at $109,027. This transaction was funded by the proceeds from exercising a portion of the company’s outstanding warrants. The company also plans to merge with the Bitcoin company Nakamoto, which is associated with Trump, with delivery scheduled for the third quarter of 2025.
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The US Dollar Index is rising short-term, while the Japanese Yen is falling short-term by about 70 points.

Jin10 data May 28 news, the US Dollar Index DXY has risen nearly 20 points in the short term, currently reported at 99.65. The USD/JPY has temporarily risen about 70 points in the short term, currently reported at 144.55. The EUR/USD has fallen about 20 points in the short term, currently reported at 1.1325. The GBP/USD has fallen 20 points in the short term, currently reported at 1.3504.
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The number of shares for 12 stock ETFs increased by over 100 million, with the Guolian An Semiconductor ETF adding 400 million shares.

Jin10 data reported on May 28, according to Choice data statistics, a total of 12 stock ETFs had an increase of more than 100 million shares yesterday, with Guolianan Semiconductor ETF increasing by 400 million shares and Huaxia Shanghai Stock Exchange Science and Technology Innovation Board 50 Components ETF increasing by 329 million shares.
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The balanced allocation mixed fund of the rich country has ended its募集 early.

Jin10 data reported on May 28, on May 28, the 富国均衡配置混合 announced an early closure of its fundraising. This fund started fundraising on May 27, with the original subscription deadline set for August 26, and is now moving the fundraising deadline up to June 18, ending the fundraising early.
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Ohio gubernatorial candidate Vivek Ramaswamy pledged to promote Bitcoin education within the state's public education system if elected.

PANews, May 28th news, reported by Cointelegraph, that Ohio gubernatorial candidate Vivek Ramaswamy stated at the Bitcoin 2025 conference that if he is elected governor of Ohio, he will "integrate financial knowledge into the state's public education," which includes "Bitcoin education."
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The "Starship" failed its ninth test flight.

On May 28, Jin10 reported that SpaceX's next-generation heavy-lift rocket "Starship" was launched from Texas on the 27th local time, carrying out its ninth test flight. The first stage booster of the rocket exploded, and the second stage spacecraft lost control.
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MetaPlanet issues $50 million of non-interest-bearing ordinary bonds to increase its holdings of Bitcoin.

BlockBeats News, on May 28, MetaPlanet, a Japanese listed company, announced the issuance of $50 million of non-interest-bearing ordinary bonds for additional purchases of Bitcoin.
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GDS: Plans to issue $450 million convertible senior notes due in 2032 and 5.2 million American depositary shares.

Jin10 Data reported on May 28 that GDS Holdings Limited (09698.HK) announced its plan to issue $450 million convertible preferred bonds due in 2032 and 5.2 million American Depositary Shares. The net proceeds will be used for general corporate purposes, working capital needs, and refinancing existing debt, including potential future repurchases or redemption of its convertible bonds due in 2029 when investors exercise their put options.
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Blockstream CEO: Trump's election as President of the United States has accelerated the government's acceptance of Bitcoin by "decades."

The push from the Trump administration has accelerated the U.S. government's acceptance of Bitcoin, bringing favourable information to the industry. Although political factors may affect market confidence, the government's slow accumulation of Bitcoin can provide individual investors with more time to build a position. Back emphasizes that a balance between regulation and innovation is needed and warns that government neglect of Bitcoin could lead to a risk of declining economic competitiveness.
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Data: Hasbulla has raised approximately $20 million in the BULLA Token presale.

PANews May 28 news, according to Onchain Lens monitoring, Hasbulla raised approximately $20 million in the BULLA Token presale. Three wallets (possibly belonging to the same entity) sent 1.67 million USD1 during the presale. A total of 22,467 BNB (worth 15.41 million USD), 4.437 million USD1, and other funds were raised.
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Ueda Kazuo: The fluctuation of ultra-long bond yields may affect shorter-term bonds.

On May 28, Jin10 reported that Bank of Japan Governor Kazuo Ueda stated on Wednesday that significant fluctuations in ultra-long-term bond yields could affect the yields of shorter-term bonds. "Our research shows that changes in medium- and short-term interest rates have a greater impact on economic activity than ultra-long-term yields, as companies and households hold a larger proportion of medium- and short-term debt. However, we will be mindful that significant fluctuations in ultra-long-term yields may affect long-term bond yields as well as medium- and short-term bond yields. We will carefully observe market developments and their impact on the economy."
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3iQ's Canadian Solana stake ETF has reached an AUM of $186 million within a month of its launch.

PANews May 28 news, according to SolanaFloor monitoring, 3iQ Digital Asset Management has launched a Solana stake ETF in Canada, which has reached Assets Under Management (AUM) of $186 million within a month of its listing, contributing to a total inflow of $239 million for the Solana Canada ETF.
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Trenches briefly broke through $0.01, rising over 120 times in 24 hours.

Odaily News According to GMGN market data, Trenches briefly broke through 0.01 USD, currently reported at 0.0094 USD, with a rise of over 120 times in 24 hours. Odaily reminds users that meme coin prices fluctuate greatly, and investors should be aware of the risks.
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The margin balance of the two markets increased by 4.358 billion yuan.

Golden Ten Data reported on May 28 that as of May 27, the financing balance of the Shanghai Stock Exchange was 910.228 billion yuan, an increase of 2.265 billion yuan from the previous trading day, the financing balance of the Shenzhen Stock Exchange was 882.693 billion yuan, an increase of 2.093 billion yuan from the previous trading day, and the total of the two cities was 1792.921 billion yuan, an increase of 4.358 billion yuan from the previous trading day.
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The final poll results of the South Korean elections have been released.

On May 28, according to Korean media reports, there are only 6 days left before the 21st presidential election in South Korea, and the poll results released on the 28th show that the support rate of Lee Jae-myung, the presidential candidate of the Democratic Party of Korea, is 49.2%, the support rate of Kim Moon-so, the presidential candidate of the National Power Party, is 36.8%, and the support rate of Lee Jun-seok, the presidential candidate of the Reform New Party, is 10.3%. This was the last poll conducted before the release of the results of the general election poll was banned.
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The North American Securities Administrators Association submitted cryptocurrency regulatory principles recommendations to the SEC.

The North American Securities Administrators Association submitted cryptocurrency regulatory recommendations to the SEC, requesting investor protection, risk disclosure, an exemption framework, retention of state powers, and support for innovation. This recommendation is a response to the SEC's regulatory reform initiative, emphasizing the maintenance of state enforcement authority. NASAA represents the securities regulatory agencies of the United States, Canada, and Mexico, while the SEC is preparing new regulations for digital assets.
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The Federal Reserve (FED) Williams: The reserve levels in the United States remain significantly ample.

Jin10 reported that The Federal Reserve (FED) Williams stated: The reserve levels in the United States remain significantly ample, and having reserves as a buffer is crucial when facing major shocks. The tariff incident in April showed market dysfunction.
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