NeonHalf-MeltedIceCream

Biyi.com news: The floating loss of the BTC OG insider whale's long position has narrowed from approximately $21.99 million to about $19.9 million. The current position size is about $76.63 million, with an average price of $76,117.30, current coin price at $60,424.95, and liquidation price at $16,956.05. This whale once held over 50k BTC, and after 8 years of dormancy, gradually swapped some BTC for ETH. Its operations have repeatedly been highly synchronized with Trump's statements and US policy trends. Before the "10.11" crash, it placed short orders and made a profit of nearly $100 million, attracting market attention.

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CryptoWorld News: BitFi officially opened the public sale of BFI tokens on the Sonar platform on June 11. Qualified users can participate. The total supply of BFI for this public sale is 1 billion tokens. The sale price is 0.05 USDC, with a target fundraising amount of 500,000 USDC. The corresponding FDV is 50 million USDC. The offering uses a fixed-price proportional allocation mechanism and supports participation with USDC on the Ethereum network. BFI is initially issued on the Ethereum mainnet and will support cross-chain circulation in the future, including Base and BNB Chain. BitFi will allocate 47% of the tokens to the community and ecosystem.

According to Bits Media, the Russian State Duma has passed the first reading of a cryptocurrency tax reform bill submitted by the government.
The bill stipulates that taxable amounts for crypto transactions will be calculated based on the positive difference between digital asset gains and costs (i.e., net profit),
and allows investors to offset profits with losses within the same tax period.
The bill requires brokers and trust managers to act as tax agents for personal income tax (NDFL),
who must verify costs with documentation and retain records for five years;
cryptocurrency income from foreign trade contracts, excluding mining, will be included in the total corporate income tax base,
and foreign digital rights are treated as equivalent to cryptocurrencies.
The bill also exempts sales of foreign digital rights that do not involve delivery and only establish monetary claims from value-added tax (NDF),
and waives value-added tax on digital custody and exchange services.

CryptoWorld News reports that a certain whale recently reduced holdings by 400 ZEC, approximately $2.05 million, with a current position size of $9.15 million, an average price of $400.13, and a current profit and loss of $1.3052 million (+71.32%). The current token price is $466.69, and the liquidation price is $0. The whale is currently involved in cryptocurrencies, US stocks, and block trades with a combined scale of over $70 million, serving as a key indicator for on-chain crude oil and US stock index trends, with a full-cycle profit of $56 million.

CryptoWorld News, Israel i24News: The Islamic Revolutionary Guard Corps of Iran stated that the United States attacked Geshm Island, and in response, Iran launched drone and missile attacks on Kuwait.

ByteDance's multimodal head Zhou Chang's management scope continues to expand, and the Seed Robotics team has reported to him. The company is recruiting embodied intelligence technology leaders at the L8 level, comparable to Alibaba's P10–P11, to oversee overall robot planning and strengthen resource integration. The collaboration of multimodal, world models, and embodied intelligence helps with resource and data reuse. Meanwhile, OpenAI announced that its robotics team will recruit full-stack hardware, operations, systems, and machine learning engineers to promote practical robot deployment.

DWF released its latest research report showing that the global stablecoin annualized turnover rate (Velocity) has reached a historic high of 49.7x. In the first five months of this year, it facilitated a cumulative $664 million in filtered transaction volume. The analysis indicates that stablecoin development has entered the third stage of “real-world adoption,” with remittances, B2B and B2C payments becoming the fastest-growing areas, while the share of trading volume related to exchanges has been significantly reduced. Since 2025, the growth rate of stablecoin trading volume has completely surpassed the growth in supply, driving its Velocity from 39.3x to the current 49.7x, reflecting that its real-world application value is outweighing its speculative attributes.
By contrast, spot cryptocurrencies

According to Beating Monitoring, Elon Musk’s AI startup xAI announced that the command-line intelligent agent development tool Grok Build has now been fully launched with Cursor’s top-tier programming model Composer 2.5. Developers subscribed to X Premium+ or SuperGrok can directly switch to Composer 2.5 in the terminal menu.
On May 18, Cursor released the high-performance programming-specific model Composer 2.5, focusing on multi-file high-precision editing and long-range instruction following. The model’s underlying foundation uses Kimi K2.5, an open-source base licensed for commercial use by the Dark Side of the Moon, and has been strengthened through large-scale reinforcement learning training and synthetic task distillation by the Cursor team. “Local reinforcement learning with text feedback” is introduced during training.

CryptoWorld News reports that, according to CNBC, an analysis shows that during the Iran war, American households spent nearly $450 more due to rising energy costs. Moody's Analytics data indicates that since the outbreak of conflict on February 28, American households have spent an average of $447.19 extra on fuel-related expenses. Due to soaring gasoline and airfare prices, U.S. consumers have lost nearly $60 billion in total. Moody's Chief Economist Mark Zandi stated, "Unless the war ends quickly, financially strained consumers will have no choice but to be more cautious with their spending, which will threaten the already weak economy."

CryptoWorld News reports that Texas is advancing its strategic Bitcoin reserve and plans to transfer approximately $10 million worth of Bitcoin from BlackRock's iShares Bitcoin Trust to directly held Bitcoin. On May 7, the Texas Comptroller of Public Accounts published a request for proposals seeking qualified companies. The proposal also requires secure asset storage and supports the buying and selling of Bitcoin. The selected company is expected to support this transition within 60 days after the contract is executed. Texas has also established a Strategic Bitcoin Reserve Advisory Committee to manage the reserve.