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📢 Gate Square Daily | May 27
1️⃣ Market Update: BTC drops 1.9% to $75,820, leading crypto lower; US tech stocks surge with the S&P and Nasdaq hitting new highs, semiconductor index up five straight days, and Micron soaring nearly 20%.
2️⃣ Crypto Regulation: TD Cowen warns that a deteriorating political environment has lowered the odds of a US crypto market structure bill passing this year.
3️⃣ Institutional Moves: Strategy completes a $1.5B debt buyback and releases an updated capital structure overview.
4️⃣ Security Incident: Kelp DAO's rsETH resumes operations five weeks after suffering a $293M exploit.
5️⃣ Regulatory News: Trump posts that preserving the CFTC's exclusive jurisdiction over prediction markets is critical.