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📢 Gate Square Daily Report | May 27
1️⃣ Market Dynamics: BTC is at $75,820, down 1.9% over 24 hours, leading the crypto market lower; U.S. tech stocks strengthen, the S&P and Nasdaq hit fresh highs again, the semiconductor index rises for a fifth straight day, and Micron surges by nearly 20%.
2️⃣ Crypto Regulation: TD Cowen warns that as the political environment worsens, the likelihood of the U.S. crypto market structure bill being passed within the year declines.
3️⃣ Institutional Developments: Strategy completes a $1.5 billion debt repurchase and releases its latest capital structure update.
4️⃣ Security Incident: After Kelp DAO was attacked for $293 million and the attack lasted five weeks, rsETH officially resumes operations.
5️⃣ Regulatory Developments: Trump posts to emphasize that maintaining the CFTC’s exclusive jurisdiction over prediction markets is crucial.