ZkSketcher

Crypto World News reports that, according to Polit's early release, the Chairman of the U.S. Commodity Futures Trading Commission (CFTC), Michael Selig, currently serves as the agency's sole sitting commissioner and holds significant regulatory decision-making power over digital assets, prediction markets, and derivatives markets. Selig, who has been in office for less than half a year, has pushed for a more open regulatory environment for cryptocurrencies and prediction markets, including supporting the approval of innovative products, adjusting enforcement directions, and promoting related rulemaking. As Congress considers legislation to grant the CFTC greater oversight authority over crypto markets, its influence continues to grow. However, the current situation where Selig independently leads regulatory decisions has also raised concerns among some members of Congress and internal CFTC officials. Critics argue that the agency's limited staffing and resources, along with the lack of a multi-commissioner check-and-balance system, may impact regulatory independence and enforcement capabilities.

CryptoWorld News reports that on-chain investigator Specter has issued a security warning that a former liquidity pool of Solana DEFI protocol Raydium was attacked, with the attacker stealing $1.34 million worth of assets, mainly including USDC, RAY, and WSOL. The hacker transferred the stolen funds to Ethereum via bridging, then deposited them into Tornado Cash for mixing.

CryptoWorld News: HYPE long positions' unrealized profit has narrowed to $31,270,986.50, a 184.72% increase. The current token price is $61.33, the liquidation price is $54.22, and the position size is $84,644,916.55. This address heavily went long before HYPE was listed on Robinhood and is now the largest HYPE long holder, having previously suffered significant unrealized losses.

CryptoWorld News: HYPE long positions' unrealized profits have narrowed to $44.66M (up 227.79%), with the current token price at $71.04, liquidation price at $54.96, and position size at $98.04M. This address heavily went long before HYPE was listed on Robinhood and is now the largest HYPE long holder, having previously suffered significant unrealized losses.

Binjie News: The Russian Ministry of Defense: Within one day, 82 Ukrainian drones were shot down within Russia.

ME News 16 reports that while technology and AI stocks soar, rising bond yields may cause the stock market to deviate from its trajectory. If the 30-year U.S. Treasury yield remains above 5%, AI stocks will face pressure. Several executives say that the long-term U.S. bond yield is a key intersection for AI capital expenditure and private lending costs, which could increase government financing costs and negatively impact residents' wealth; despite optimistic market sentiment, interest rates are still climbing, and if yields continue to rise, the market will face a reality check.

Kalshi has submitted self-certification and plans to launch derivatives linked to Ethereum, XRP, Solana, Dogecoin, Stellar, Chainlink, Bitcoin Cash, Litecoin, Sui, Shiba Inu, Polkadot, and Hedera. The CFTC approved Bitcoin perpetual futures last week; other assets will be reviewed on a case-by-case basis, and such derivative designs may not be suitable for all asset classes, so they are still under review.

Crypto World News: Ma Ji Huang Licheng has reduced 1,300 ETH long positions on the HyperLiquid platform, worth approximately $2.603 million. The current position size is $4.3133 million, with an average price of $2,009.25. The current profit and loss is -$107,031.94 (-62.04%). The current coin price is $1,960.60, and the liquidation price is $1,946.90. The trader previously profited from blue-chip NFTs, but since October last year, he has suffered massive drawdowns one after another, with his funds shrinking from over 100 million to several hundred thousand dollars.

Blackrock just deposited 929.19 $BTC worth $67.5 MILLION and 36,449 $ETH worth $72.23 MILLION into Coinbase
The world's largest asset manager doesn't move $140M to an exchange for fun
All signs point to us going lower

Witness history! The new dark horse makes a comeback, causing a major reshuffle in the top ten cryptocurrencies!
HYPE skyrocketed past $70, surpassing DOGE in market cap and entering the top ten. Driven by continuous ETF inflows and bullish whales making a quick $46 million, contract holdings have reached $1.6 billion; meanwhile, bearish whales suffered a heavy blow, forced to cut losses and close positions worth over $22 million!
Hidden dangers behind the surge, short-term overbought bearish divergence.
12-hour and daily charts have already shown signs of a top, with a bearish structure. The best current strategy is range trading, "buying the dip." Aggressive short-term traders can wait for the price to rebound to the $70–74 range and gradually open short positions on the highs, with tight stop-losses near the upper boundary of the range.
Don't blindly chase the high; wait for the rebound to the $70–74 range and open short positions in stages (20% of the position at each level), with stops above $74. If the price turns downward, take big profits; if it breaks through $74, quickly cut losses and exit—don't hold on stubbornly! $HYPE

10 judicial departments and security forces in Buenos Aires Province, Argentina, jointly carried out large-scale operations, with 90 synchronized raids, arresting 24 people.
They seized over 8 million USDT and nearly 60 million USD in cash, along with 80 mobile phones, computers, and other devices.
The investigation involves investment fraud, suspected losses of nearly 3 billion USD.
This operation was led by the Crypto Asset Assistance and Coordination Team of the Buenos Aires Attorney General's Office, which stated that the seized amount has exceeded previous records;
compared to the RainbowEx operation in 2024, it set a new high.
Source: PANews.

Original Title: "Wood Sister's God-Level Operations on Circle"
Original Author: Dayu, Crypto KOL
Original Author: Rhythm BlockBeats
Original Source:
Repost: Mars Finance
Circle is the stock I pay the most attention to, and I’ve always believed that players who cross boundaries can better understand this company. I’ve written a lot about it, and I personally think the most impressive investor is Wood Sister; her operations on this asset are textbook-level: from "breaking the opening," to "selling at high points," to "buying back at low points," she has made billions of dollars in profit through these moves.
Interestingly, she is not a swing trader; she is the type who looks at long-term narratives and holds for the very long term, ignoring fluctuations. But her operations on this asset make me feel that she simply has an extremely clear grasp of short-term volatility—so clear that even a long-term holder would have to make simple trades.

ME News message: On May 31 (UTC+8), prediction market data shows that “Atlanta Braves vs. Cincinnati Reds” recorded a trading volume of $1.5M over the past 24 hours, and market participation has increased significantly.

The Polish parliament once again failed to override President Nawołowski's veto of the crypto regulation bill, falling short of the 263-vote threshold. The bill, supported by Prime Minister Tusk, aims to align with the EU's MiCA framework. Poland is the only EU member state that has not yet implemented MiCA. The president previously expressed concerns about excessive regulation, lack of transparency, and the burden on small businesses.