BlockBeatNews

The market capitalization of the Solana on-chain Meme Token GOONC has rebounded to 28 million USD, with a 24-hour trading volume of 6.1 million USD and a rise of 47.88%. Released by KOL Pata van Goon on the meme issuance platform X. Investors should exercise caution, as Meme coins often have no real use cases and exhibit high price fluctuations.

According to BlockBeats news on May 20, based on Alternative data, today's Crypto Assets Fear and Greed Index is 71 (down from 74 yesterday), indicating a cooling of market "greed" sentiment. Note: The panic index threshold is 0-100 and includes indicators: Fluctuation (25%) + market volume (25%) + social media popularity (15%) + market surveys (15%) + Bitcoin's proportion in the overall market (10%) + Google Trends analysis (10%).

BlockBeats news, on May 20, according to Cointelegraph, crypto assets analyst Bluntz pointed out that a bearish divergence has appeared on the Bitcoin daily chart, which may weaken the hope of Bitcoin reaching a new all-time high this week. A bearish divergence refers to the price continuously making new highs, but the Relative Strength Index (RSI) shows higher lows, indicating that as the price surges, buying pressure begins to weaken.

According to BlockBeats news on May 20, the cryptocurrency bill has passed a significant procedural hurdle in the U.S. Senate after experiencing a deadlock. Key figures from the Senate Democratic Party have terminated the obstruction of cryptocurrency legislation, but the final vote on the Senate GENIUS stablecoin bill may take several weeks. (Jin10)

BlockBeats news, on May 20, according to Ember monitoring, James Wynn's 40x go long BTC Position has already generated unrealized gains of 12.46 million USD. For his 563 million USD Position, a 1% rise or fall in BTC means a fluctuation of 5.63 million USD in profit and loss. However, 40 minutes ago, he took profit on 189 BTC (approximately 20 million USD) at a price of 105,745 USD.

Solana Labs' development studio Anza announced a new underlying architecture called Alpenglow, marking a significant transformation of the Solana core protocol. This upgrade will replace Solana's existing TowerBFT attestation consensus mechanism and Proof of History Timestamp system with Votor and Rotor components, which is considered a turning point for Solana.

BlockBeats news, on May 20, Kremlin officials stated that Trump was very emotional when discussing the prospects of US-Russia relations, expressing hope that the relationship between the two countries could achieve mutual benefits. Trump told Putin that he could call him at any time. Although Trump emphasized the hope of reaching an agreement as soon as possible, the two sides did not discuss a specific timetable for a ceasefire.

According to BlockBeats news on May 20, market sources report that Putin and Trump have agreed to meet in the future, but no location or time has been specified.

According to BlockBeats news, on May 20, U.S. President Trump stated that after the war, Russia hopes to engage in large-scale trade with the United States.

BlockBeats news, on May 20, U.S. President Trump stated that Russia and Ukraine will immediately initiate ceasefire negotiations.

BlockBeats news, on May 19, according to market news, JPMorgan CEO Dimon stated, "Blockchain is not as important as you think, we have no intention of getting involved in encryption asset custody business."

BlockBeats news, on May 19, Bitcoin volatility slightly rebounded to 1.90%, maintaining an upward trend for four consecutive days. High Bitcoin volatility is often associated with speculative trading and retail investor FOMO sentiment. When volatility decreases, it may indicate a reduction in short-term speculators, and the market enters a consolidation phase or a "cooling period." Additionally, Bitcoin price fluctuations are often linked to macroeconomic events, such as inflation expectations, interest rate changes, or geopolitical risks. When these external factors stabilize, Bitcoin's volatility may decrease accordingly.

BlockBeats news, on May 19, White House Press Secretary Levitt stated that Trump disagrees with Moody's assessment. Previously, Moody's downgraded the U.S. sovereign credit rating from Aaa to Aa1, with the outlook adjusted to "stable." The reason for the downgrade is the continuous rise in government debt and interest payment ratios, with the fiscal deficit expected to approach 9% of GDP by 2035. This is the first time Moody's has downgraded the U.S. rating since 1917, and as a result, the U.S. has lost all AAA top ratings from the three major credit rating agencies.