Salt-BakedSentimentChart

CryptoWorld News, Ukraine’s military: has struck oil depots in Crimea that are occupied by Russia.

U.S. non-farm payrolls increased by 172k in May, unemployment rate at 4.3%, combined revisions for March-April upward by 93k, hourly wages up 3.4% year-over-year. Hong Kong Monetary Authority established a tokenized bond expert group to study application and regulatory optimization. Deribit warns that if BTC falls below 60k, institutional selling and derivatives liquidation risks will increase, with open interest in 60k put options exceeding $1.2 billion. Zcash founder disclosed Orchard pool forgery vulnerability, fixed it and promoted a new upgrade to prove supply integrity. Korean police investigated illegal gambling involving domestic users of Polymarket for the first time, with a maximum fine of 10 million Korean won, and users can bet with USD stablecoins.

CryptoQuant Founder Ki Young Ju stated that the current price of Bitcoin is similar to two years ago, but the on-chain structure has changed significantly. The group of buyers holding coins for 6 months to 2 years in this cycle now accounts for 53% of BTC's realized market value, up from 15% two years ago. He believes that in the previous cycle, Bitcoin bottomed out when this ratio rose to 68%. This indicates that short-term holders are gradually converting into long-term holders, and the market's chip distribution is undergoing a change.

$1000CAT just lost a key level and the chart is starting to look heavy.
Support gave way. Buyers are nowhere to be seen. Every bounce is getting sold. Bears are slowly taking control.
If this weakness continues, the next move could be fast and aggressive.
The breakdown is done. Now I'm watching for the dump confirmation.

BlockBeats News, June 2nd, SK Hynix Group Chairman Chey Tae-won stated that they plan to double the storage chip wafer capacity within the next five years, and it is expected that the storage chip capacity bottleneck issue may persist until 2030.

According to Fortune, Noble Mobile, a low-cost mobile communication company founded by former U.S. presidential candidate Andrew Yang, announced the acquisition of Helium Mobile. Noble Mobile was launched in 2025 with the goal of challenging traditional telecom giants like Verizon and AT&T. Helium Mobile previously focused on integrating the crypto economy model with mobile communication services, involving a decentralized wireless network narrative.

CryptoWorld News: Advisor to Ukraine’s Minister of Internal Affairs: At present, Russia is powerless on the front lines. The initiative is in the hands of the Armed Forces of Ukraine. Europe firmly supports Ukraine. Russia is losing this war.

Crypto World News reports that Standard Chartered's Digital Asset Research Head Geoffrey Kendrick states that Ethereum may surpass Bitcoin by 40% due to staking income advantages. He predicts the ETH-BTC ratio will rise to 0.04 by the end of the year.

Wu Shuo learned that Bitcoin Treasury Company Strive CEO Matt Cole stated that the company has increased its holdings by 2,500 BTC, investing approximately $185.2 million, with an average purchase price of about $74,092. Currently, Strive holds 19,000 BTC. Matt Cole also mentioned that the company has increased its cash reserves to maintain dividend reserves for the next 18 months.

CoinDesk news: Goldman Sachs Group believes that oil prices face bidirectional risks due to weak demand and supply losses caused by the Iran war in the Middle East. Analysts, including Daan Struyven, said in a report dated May 31 that April oil sales data from Western Europe indicates that the bank’s April demand forecast—which is “already very low”—has about a 2 million barrels per day downside risk. This adds roughly an additional $10 per barrel of downside risk to its Q4 Brent crude oil price forecast of $90 per barrel. Goldman Sachs analysts said: “We believe that Middle Eastern supply losses could persist for a longer period of time, posing a significant upside price risk, but weak demand also brings a significant downside price risk. Actual end-market oil demand may decline more than expected due to price increases.”

ME News Report, May 16 (UTC+8), a 34-year-old man from mainland China previously traded on a certain cryptocurrency platform, suffering an investment loss of about 500k RMB, and repeatedly complained to the platform without success. On May 14, the man posted on the platform, planning to go to Hong Kong to commit suicide. Law enforcement authorities, after investigation, intercepted him at a fast-food restaurant at noon that day, and found a lighter and suspected gasoline on him. He was detained on charges of "possessing items with the intent to damage property." He is currently in custody for investigation, and no one was injured in the case. (Source: PANews)