OracleSkeptic

$BTC It's that time again, monthly close day.
BTC is currently dumping off into June. While I still expect June to finish in the red, I think there's a good chance we see an early month relief rally first.
A short term push higher over the first week or so could occur before further downside.

According to SoSoValue, yesterday Bitcoin spot ETF had a total net outflow of $290 million, with the largest outflow coming from BlackRock IBIT, at $136 million. IBIT has a cumulative net inflow of $65.78B; ARK/21Shares ARKB had a single-day net outflow of $52.4817 million, with a cumulative net inflow of $138.9 million. The total net asset value is $104.29B, with a net asset ratio of 6.58%, and a historical cumulative net inflow of $58.34 billion.

ME News Report, May 16 (UTC+8), 2025: Ethereum co-founder Vitalik Buterin stated during his EthCC speech that many Layer 2 projects claiming to be built on-chain have backdoors that can be triggered at any time or lack decentralization. He believes that the architecture of these projects is not much different from traditional centralized servers. He pointed out that if developers cannot ensure complete decentralization of the project, directly using centralized servers might be more practical. (Source: MLion)

CryptoWorld News: Lebanon’s Presidential Palace: The President is strengthening communication to curb Israeli attacks.

In the late trading on May 29, several stocks quickly surged by more than 2%. O-Film, Stone Technology, and Bull Group fell by more than 2%. On May 13, MSCI released its May review results, which will take effect after the close on the 29th. A total of 19 A-shares will be added and 16 will be removed. The additions include Guangku Technology, Changfei Optical Fiber, Changxin Bochuang, and Baili Tianheng, while the removals include Stone Technology, Shouchuang Securities, and China Communications Signal, among others.

Sei announces the Giga upgrade roadmap, focusing on executing client, state management, and consensus restructuring to improve transaction performance. Ares enhances execution efficiency through pipelining and asynchronous optimization; Eidos replaces Merkle trees with flat key-value storage and separates hot and cold states; Autobahn aims for 200k TPS and 400ms finality, achieving 5 Gigas capacity on internal testnets; Sedna introduces private memory pools and encrypted transaction propagation; and gradually shifts to EVM-only, phasing out Cosmos SDK and CosmWasm.

Crypto news, Maji Huang Licheng increased his ETH long position by 390 coins on the HyperLiquid platform, approximately $775,824. The current position size is $1,790,010, with the average price adjusted from $1,987.05 to $1,987.86, and a current profit and loss of +$932.94 (+1.30%). The current coin price is $1,988.90, with a liquidation price of $1,926.86. This trader previously profited from blue-chip NFTs but has experienced a massive drawdown since October, with funds shrinking from over a hundred million to several hundred thousand dollars.

ME News, May 16 (UTC+8): According to CoinFound’s data on crypto concept stocks, CEA Industries Inc. (NASDAQ: BNC) is currently trading at $2.72. The stock opened at $3.03 today, and its intraday drop is 10.17%. (Source: CoinFound)

CryptoWorld News reports that Powerlaw Corp will list on the NASDAQ on May 27 via a direct listing. Its core holdings are SpaceX and OpenAI, providing retail investors with a direct channel to invest in unlisted tech giants. SpaceX’s valuation may be as high as $2 trillion, and OpenAI is approaching $1 trillion, driving rising pre-IPO demand. As of May 13, the fund’s net assets were $604.1 million, with a share price of $13.97. It uses active management, plans to realize gains from mature projects and recycle proceeds into high-growth holdings, aiming to deliver more than 10x returns to its existing 600-plus shareholders.

ME News message: On April 18 (UTC+8), forecast market data shows that under the event “Bitcoin April Price Trend,” the trading probability of the “Yes” option for the question “Can Bitcoin reach $80,000 in April?” rose from 27.5% to 64.5%, an increase of 37.0 percentage points in a single day.

ME News Report, April 18 (UTC+8), prediction market data shows that within 24 hours, multiple addresses concentrated on the event "Will the United States attack Iran before February 22, 2026?" and selected the outcome "Yes," with a total bet amount of approximately $2.1M, indicating that this result has attracted significant funding attention in a short period.

CryptoWorld News: The draft agreement between the United States and Iran allows free access through the Strait of Hormuz and the clearance of sea mines. The agreement also allows Iran to sell and export oil, and it stipulates the continued nuclear negotiations to reach a long-term consensus.

Wu Shuo has learned that the U.S. Commodity Futures Trading Commission (CFTC) has signed a Memorandum of Understanding (MOU) with the National Hockey League, and both parties will collaborate on information sharing and market integrity protection related to prediction markets for professional ice hockey. According to the agreement, the CFTC and NHL will communicate regularly, coordinate efforts to prevent insider trading, fraud, and other market abuses, and share information regarding event contracts listed on CFTC-regulated exchanges.