Today
2025/05/31
Analysis: ETH/BTC is forming a bullish "cup and handle" pattern, with a key resistance level of 0.02596
According to analysts, the ETH to BTC Exchange Rate has formed a bullish "cup and handle" and "bull flag" pattern, indicating a rise potential of 30% to 55%. After breaking through the key resistance level of 0.02596, a large-scale alts season may occur, with a target price of 0.03814, representing a 55% increase, with a time window in July.
Opinion: The difference between trustworthy neutral value storage and company coins is enormous, but most people are keen on speculating on company coins.
The founder of 1confirmation pointed out the huge difference between company coins and trustworthy neutral value storage. Company coins focus on internal holding ratios, marketing narratives, and jurisdictions, which are heavily hyped but have limited room for pump; whereas trustworthy neutral value storage places greater emphasis on global ownership distribution and Decentralization, offering greater investment potential. People should follow trustworthy neutral value storage tools rather than over-investing in company coins.
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The German Chancellor will visit the U.S. next Thursday to discuss issues related to the Russia-Ukraine conflict and trade.
Jin10 reported on May 31 that German Chancellor Merz will travel to Washington next week to meet with U.S. President Trump, nearly a month after taking office. A German government spokesperson said in an email statement on Saturday that Merz will head to Washington next Thursday for a meeting at the White House, with topics including the Russia-Ukraine conflict, the situation in the Middle East, and trade policy being the focus of the discussions. Since taking charge of the German government, Merz has met with allies across Europe, including France, Poland, the Nordics, and Ukraine, but despite his commitment to improving relations with the Trump administration, he has yet to cross the Atlantic.
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1confirmation founder: There is a huge difference between trustless neutral value storage and company coins, the latter typically having higher internal holdings.
The founder of 1confirmation pointed out that there is an important distinction between company coins in crypto assets and trusted neutral value storage. Company coins rely on internal shareholding ratios and market manipulation, with revenue restrictions; while trusted neutral storage methods depend on global consensus and holder beliefs, offering great potential. Investors should avoid over-investing in company coins while neglecting trusted neutral storage methods.
Ethena has been integrated into the TON Wallet, and users can now earn up to 18% annualized returns through USDe.
USDe has been launched on TON Space, and users can exchange it for tsUSDe within Telegram for staking, participating in a 16-week event, with a maximum annual yield of 18%, including an 8% base yield and up to 10% additional incentives. Holders must complete qualification verification, and the additional incentives will decrease weekly to 5% in the final stage, with a maximum of 10,000 tsUSDe rewards available per Wallet.
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Israeli military operations in the Gaza Strip over the past 24 hours have resulted in 60 deaths.
Jin10 Data reported on May 31 that the Israel Defense Forces stated on local time May 31 that in the past 24 hours, the Israeli air force attacked dozens of targets in the Gaza Strip, including infrastructure used by the Palestinian Islamic Resistance Movement (Hamas). The IDF stated that the attacks resulted in 60 deaths and dozens of injuries. The IDF reported that in a drone strike on May 30 in the Sabra neighborhood of Gaza City, a well-known Hamas militant involved in weapon manufacturing was killed.
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The U.S. Bitcoin Spot ETF holds approximately 1.205 million BTC, with BlackRock's BIT ranking first with about 660,000 coins.
BlockBeats news, on May 31, according to HODL15Capital data, as of today, the U.S. Bitcoin Spot ETF has a total of 1,205,626 BTC, with BlackRock's IBIT leading with 660,814 coins held, followed by Fidelity's FBTC and Grayscale's GBTC with 198,159 and 186,622 coins respectively.
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On the first day of the 2025 Guangdong-Hong Kong-Macao Greater Bay Area Auto Show, the number of visitors exceeded 180,000, setting a new record.
Jin10 reported on May 31, on May 31, the 2025 Guangdong-Hong Kong-Macao Greater Bay Area Auto Show officially opened, with 183,000 visitors on the first day, surpassing last year's first day figure of 157,000, setting a new historical record.
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Base, Arbitrum, and Mantle ranked in the top three for net inflows of funds in cross-chain bridges over the past week.
BlockBeats news, on May 31, according to DefiLlama data, the net inflow of funds for Base cross-chain bridges reached 47.92 million USD in the past week, followed by Arbitrum and Mantle, with net inflows of 23.23 million USD and 14.97 million USD respectively. Ethereum, Bera, and Sei had net outflows of 716 million USD, 73.86 million USD, and 22.26 million USD respectively.
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The foreign ministers of Egypt, Tunisia, and Algeria held talks on the Libya issue.
On May 31, Jin10 reported that on May 31 local time, the foreign ministers of Egypt, Tunisia, and Algeria held talks in Cairo regarding the Libyan issue and issued a joint statement. The three foreign ministers once again called on all parties in Libya to exercise maximum restraint and immediately stop escalating the conflict. They emphasized that with the supervision and support of the United Nations, they hope that all parties in Libya can reach a Consensus, advance the political process in Libya, achieve institutional unity, and hold parliamentary and presidential elections. It is imperative to expedite the resolution of the Libyan crisis, end political division, and avoid further escalation of the situation and the spread of violence and terrorism. The security of Libya is closely related to the security of its neighboring countries. The statement emphasized that the political process in Libya must be fully determined by Libyans themselves, and any political solution must be the choice of the Libyan people, based on the will and Consensus of all parties in Libya. The three foreign ministers reiterated their opposition to all forms of external interference in Libya.
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Slow Fog Cosine: EIP-7702 new mechanism widely used by stolen coin gangs
Odaily News Slow Mist Yu Xian stated on the X platform that the new mechanism EIP-7702 is being used most highly by coin theft gangs (not phishing gangs), allowing for the automatic transfer of related funds from wallet addresses that have leaked Private Keys/mnemonic phrases... Over 97% of EIP-7702 delegations were authorized to these types of coin theft contracts.
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The IAEA report states that Iran is conducting secret activities using undeclared nuclear materials.
According to the International Atomic Energy Agency (IAEA) report to member states seen by Reuters, Iran has carried out clandestine nuclear activities at three sites using materials that have not been declared to the IAEA, which have been under investigation for a long time. The "comprehensive" report, requested by the IAEA Board of Governors last November, said the agency concluded that "these three sites, and possibly related sites, were part of Iran's undeclared structured nuclear program prior to the beginning of the 21st century, some of which used undeclared nuclear material."
IAEA report: In light of the above assessment, IAEA Director General Grossi once again urgently calls for Iran to cooperate fully and effectively with the Agency.
Analysis: Bitcoin profitable positions are suppressing the bull run progress, and Whale accumulation is slowing down.
The Bitcoin market is facing warnings of a "deep pullback". If it cannot hold the historical high level of December 2024, the price has already fallen below the support level, with resistance mainly coming from profitable positions. Research reports indicate that Bitcoin demand may reach a peak, the growth rate of whale holdings is slowing down, and unrealized profits suggest that the upward trend may pause.
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Analysis: Bitcoin's recent rise has encountered resistance. If it loses key support, it may undergo a pullback.
CryptoQuant's research report indicates that Bitcoin demand may have peaked, with the price potentially pulling back to below $100,000. The accumulation rate of whales has slowed, which could lead to a price fall. Trader Mags points out that if Bitcoin's price fails to hold the support level, a deeper pullback may occur.
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Analysis: Profit pullback may interrupt the BTC bull run, and the market could face a depth pullback.
CryptoQuant pointed out that Bitcoin may experience a pullback due to profit-taking, as demand indicators have peaked and Whale accumulation has slowed. Trader Mags believes that BTC has fallen below its historical high, and if the weekly close is below the support level, a deeper pullback may occur, potentially dropping the price below $100,000.
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Whale James Wynn: 100 million dollars is not a lot of money, free will is more important than the thinking of a poor person.
ChainCatcher news, Whale James Wynn stated, "100 million dollars is not a lot of money. For those whose minds are shackled, maybe it is. But for a free spirit, anything is possible, and this amount is insignificant. It’s just 100 million dollars, a drop in the ocean of the money world. The irony is, how many people go through their entire lives without even seeing or hearing this number. Free will is more important than the mindset of the poor."
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James Wynn: 100 million dollars is just a drop in the ocean of the money world.
BlockBeats news, on May 31, Whale James Wynn stated, "100 million dollars is not a lot of money. It may be for those whose minds are shackled, but for a free spirit, anything is possible, and this amount is trivial. It's just 100 million dollars, a drop in the bucket in the world of money. It’s laughable how many people go through their entire lives without even seeing or hearing this number. Free will is more important than the mindset of the poor."
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Decentralization Automated Market Maker STON.fi integrates stablecoin USD
PANews News on May 31 reported that the decentralized automated market maker STON.fi announced the integration of the synthetic US dollar stablecoin USDe launched by Ethena Labs. Users can exchange USD₮ or TON for USDe through STON.fi and choose to stake or provide liquidity to earn Ethena points rewards.
24-hour Spot Fund Inflow/Outflow Ranking: SOL Net Outflow of $83.99 million
On May 31, the net inflow of funds for Crypto Assets Spot included SNT, LPT, RAY, GBP, and OGN, amounting to 4.72 million, 2.22 million, 1.94 million, 1.88 million, and 1.76 million USD respectively; the net outflow included BTC, SOL, ETH, DOGE, and XRP, amounting to 257 million, 83.99 million, 59.54 million, 46.24 million, and 30.12 million USD.
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James Wynn: I will make a comeback, my monthly passive income has exceeded the annual income of most people.
BlockBeats news, on May 31, James Wynn stated on social media, "I will make a comeback, I love this game. Money is essentially a mindset. I am still richer than 99.9% of crypto Twitter users. I placed a huge and well-thought-out bet, aiming to earn one billion dollars. My passive income is more than most of you earn in a year every month."
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Whale James Wynn: I will make a comeback, as always, more free now than before.
Whale James Wynn posted on the X platform stating that he will make a comeback, enjoys games and making money, and believes that money depends on mindset, while success requires courage and calculation. Although he has made a lot of money, true wealth lies in peace, happiness, family, love, and so on. He emphasizes that money cannot make a person truly wealthy, and that the inner self is what matters most.
The stablecoin USDG is now available on the Ink Blockchain.
Odaily News Global Dollar Network announced that Global Dollar (USDG) is now available on the Ink Blockchain. USDG is a US dollar-pegged single-currency stablecoin issued by Paxos, which was previously available on the Solana Blockchain and maintained Ethereum compatibility. (PRNewswire)
Bitcoin and RWA financial technology company Matador have received a strategic investment of 1.5 million CAD.
Matador Technologies announced that it has received a CAD 1.5 million investment from Arrington Capital. Arrington Capital is a digital asset management company founded by Michael Arrington, Heather Harde, and Geoffrey Arone. The investment will be used for the acquisition of Bitcoin, gold, and company purposes.
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Ryan Cohen: Bitcoin is a hedging tool against currency devaluation.
According to ChainCatcher news and Cointelegraph, GameStop CEO Ryan Cohen believes that Bitcoin is a hedging tool against currency depreciation. Ryan Cohen stated, "If Bitcoin becomes digital gold, there is still more room for rise."
GameStop CEO: If Bitcoin becomes digital gold, its rise potential will be even greater.
PANews reported on May 31 that GameStop CEO Ryan Cohen views BTC as a tool for hedging against currency devaluation. He stated, "If Bitcoin becomes digital gold, its rise potential will be even greater."
Gate launches Advanced Mortgage & Reserve (AMR) Spot trading and initiates HODLer Airdrop
PANews May 31 news, according to official news, Gate will launch Advanced Mortgage & Reserve (AMR) spot trading at 22:00 (UTC+8) on May 31. The HODLer Airdrop is now open, and the event will end at 20:00 (UTC+8) on May 31, holding 1
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India confirms for the first time that it lost fighter jets in the conflict with Pakistan.
The Indian military confirmed that it lost fighter jets during the conflict with Pakistan in May this year, but did not disclose specific numbers. India emphasized that it is not on the brink of nuclear war and stressed the importance of understanding the reasons behind the aircraft being shot down. India rebutted Pakistan's claim of shooting down six Indian fighter jets, without specifically disclosing the number of losses. The focus is on the reasons for the fighter jets being shot down rather than specific numbers. This is the first time the Indian government has directly commented on the fate of Indian aircraft in the India-Pakistan conflict.
Data: James Wynn has closed his BTC and PEPE long positions, losing 2.81 million dollars.
According to ChainCatcher news, Onchain Lens detected that James Wynn has closed his long positions in BTC (40x leverage) and PEPE (10x leverage), incurring a loss of 2.81 million dollars.
Currently, James Wynn has a total loss of 17.72 million USD.
Data: James Wynn has closed his long positions in BTC and PEPE, incurring a loss of 2.81 million USD.
According to ChainCatcher news and Onchain Lens detection, James Wynn has closed his long positions in BTC (40x leverage) and PEPE (10x leverage), resulting in a loss of 2.81 million dollars.
Currently, James Wynn has a total loss of 17.72 million USD.
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Analysis: Bitcoin trading platform reserves have hit a new low, indicating that whales and institutions are continuing to hoard coins.
BlockBeats news, on May 31, according to Cointelegraph, the reserves of Bitcoin trading platforms have reached a new low. BTC is continuously flowing out of centralized platforms, indicating that entities such as whales, institutions, and governments are more inclined to engage in long-term Coin Hoarding through non-custodial storage methods.
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Cetus transfers the hacker-related frozen funds to a Multi-signature Wallet, and the recovery process enters a new phase.
Cetus securely transfers funds attacked by hackers through a multisignature trust Wallet, promising to return them to users. The Sui community approves the proposal to release the seized funds, helping the DEX resume operations.
Cetus transferred the hacker-related frozen funds to a Multi-signature Wallet, and the recovery process has entered a new phase.
Cetus announced that it has safely transferred the funds from the $220 million Hacker attack to a multisignature trust Wallet to ensure a return to users. The Sui community approved the proposal to release $162 million for compensating users and restoring the full operation of the DEX. Cetus stated that contract upgrades and preparations for a restart are underway.
Data: In the past 7 days, the USDC Circulating Supply has decreased by about 200 million.
PANews news on May 31, according to official data, in the 7 days ending May 29, Circle issued approximately 3 billion USDC, redeemed about 3.2 billion USDC, and the Circulating Supply decreased by about 200 million. The total Circulating Supply of USDC is 61 billion, with a reserve amount of approximately 61.3 billion USD, of which about 8 billion is cash, and the Circle Reserve Fund holds about 53.3 billion.
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The Russian army is cutting off the supply lines of the Ukrainian military in multiple directions in Donetsk.
Jin10 Data, May 31st - Denis Pushilin, the head of the Donetsk People's Republic, told the Russian Satellite News Agency that despite the Ukrainian army reinforcing its "most vulnerable" positions on the front lines with reserve forces, such as in Red Army City (referred to as "Pokrovsk" by Ukraine) and Chasov Yar, the Russian military is cutting off Ukrainian supply lines in multiple directions within the republic.
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The U.S. imposes a 50% tariff on imported steel and aluminum, Australian Trade Minister: self-harm.
Jin10 data reported on May 31, local time May 30, U.S. President Trump stated that starting June 4, the import tariffs on steel and aluminum will be increased from 25% to 50%. On May 31, local time, Australian Trade Minister Farrell responded, stating that Australia’s position is consistent and clear. These tariffs are unreasonable and not a fren's behavior. Farrell said, "This is an act of economic self-harm that will only hurt consumers and businesses that rely on free and fair trade. We will continue to push and strongly advocate for the removal of tariffs."
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WLFI: USD1 has become the exclusive designated stablecoin for the Sahara Labs community distribution event.
On May 31, news from World Liberty Financial's official Twitter indicates that USD1 has become the exclusive designated stablecoin for the community distribution activity of Sahara Labs (SAHARA) on the Buidlpad platform. This collaboration aims to promote crowdfunding development and foster a more open, fair, and accessible AI future.
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BlackRock's Ethereum ETF had a net inflow of $70.24 million in a single day, maintaining net inflows for 10 consecutive days.
According to the Gate News bot, data from SoSoValue shows that on May 30, Eastern Time, the total net inflow of Ethereum Spot ETF reached $70.2402 million, maintaining a net inflow status for 10 consecutive days. Among them, Blackrock's ETHA Ethereum ETF product performed outstandingly, with a net inflow of $70.2402 million on that day, bringing the historical cumulative net inflow of ETHA to $4.606 billion.
Source: Wu Says
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The net asset value of the Bitcoin Spot ETF is $126.152 billion, with a historical cumulative net inflow of $44.369 billion.
Yesterday, the total net outflow of Bitcoin Spot ETFs reached 616 million USD, mainly from Blackrock ETF IBIT and Ark Invest with 21Shares ETF ARKB. Currently, the total net asset value of Bitcoin Spot ETFs is 126.152 billion USD, with a net asset ratio of 6.07%, and the historical cumulative net inflow has reached 44.369 billion USD.
Data: Bitcoin Spot ETF saw a total net outflow of $616 million yesterday, with all twelve ETFs showing no net inflow.
Yesterday, the total net outflow of Bitcoin Spot ETF reached 616 million USD, with the BlackRock ETF IBIT seeing the highest single-day net outflow of 431 million USD; followed by the ETFs ARKB from Ark Invest and 21Shares, which had a single-day net outflow of 120 million USD. Currently, the total net asset value of Bitcoin Spot ETFs is 126.152 billion USD, with an ETF net asset ratio of 6.07%, and the historical cumulative net inflow is 44.369 billion USD.
Data: Bitcoin Spot ETF had a total net outflow of 616 million USD yesterday, with no net inflow for twelve ETFs.
ChainCatcher message, according to SoSoValue data, yesterday (Eastern Time May 30) Bitcoin Spot ETF had a total net outflow of 616 million USD.
The Bitcoin Spot ETF with the largest net outflow yesterday was the Blackrock ETF IBIT, with a net outflow of $431 million. Currently, the total historical net inflow of IBIT has reached $48.569 billion. The second was the ETF ARKB from Ark Invest and 21Shares, with a net outflow of $120 million. Currently, the total historical net inflow of ARKB has reached $2.444 billion.
As of the time of writing, the net asset value of the Bitcoin Spot ETF is 126.152 billion USD, and the ETF net asset ratio (the market value relative to the total market value of Bitcoin)
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Slow Fog Cosine: The longer the mnemonic phrase/private key is used on the network, and the more people share it, the easier it is to leak and difficult to trace.
BlockBeats news, on May 31, Slow Mist founder Yu Xian stated that a user's four sets of mnemonic phrases were leaked, corresponding to four wallet addresses where the funds were stolen. From the on-chain operational methods, after receiving the funds, the hacker's address converted everything into ETH, and then laundered it through FixedFloat. The longer mnemonic phrases/private keys are exposed to the internet and the more people they are distributed to for joint use, the more likely they are to be leaked, and the harder it is to investigate the reasons for the leak.
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The "Reverse copy trading" James Wynn Address is currently going long in sync with James Wynn, with unrealized losses on current holdings reaching 3.38 million dollars.
James Wynn is currently going long with the reverse copy trading account's holdings, with a total unrealized loss of 3.38 million USD, including an unrealized loss of 1.62 million USD on BTC long orders and an unrealized loss of 1.76 million USD on ETH long orders. The latest news indicates that James Wynn denies any association with the reverse copy trading account and only operates using the public HyperLiquid account.
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