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📢 Gate Square Daily | May 27
1️⃣ Market Update: BTC drops 1.9% to $75,820, leading to a decline in cryptocurrencies; U.S. tech stocks rise, the S&P and Nasdaq reach new highs, the semiconductor index increases for five consecutive days, and Micron is up nearly 20%.
2️⃣ Cryptocurrency Regulation: TD Cowen warns that worsening political environment has decreased the likelihood of passing the U.S. cryptocurrency market structure bill this year.
3️⃣ Institutional Moves: Strategy completes a $1.5 billion debt buyback and releases an updated overview of the capital structure.
4️⃣ Security Incident: rsETH Kelp DAO resumes operations after five weeks following a $293M exploit.
5️⃣ Regulatory News: Trump states that maintaining the CFTC’s exclusive jurisdiction over prediction markets is critically important.