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CryptoWorld News: HYPE long positions have increased unrealized profits to approximately $39.85 million (+213.73%), with the current price at $67.55, a liquidation price of $50.70, and a position size of about $93.22 million. This address heavily increased its long positions before HYPE was listed on Robinhood and is now the largest HYPE long holder, having previously suffered significant unrealized losses.

CryptoWorld News reports that, according to Agence France-Presse on May 29, Iranian state media announced on the 29th that Iranian authorities are preparing a "grand" funeral for the country's former Supreme Leader Ali Khamenei, who was assassinated. Previously, due to Iran's war with the United States and Israel, the funeral had been postponed for a long time. Although the exact date is not yet certain, Iran's national television quoted Mohsen Mahamadi, head of the Islamic Propaganda Coordination Council, as saying, "A dedicated headquarters has been established to prepare for the funeral, and various departments are currently making arrangements." Ali Khamenei, who led Iran for over 30 years, was killed in the first wave of US-Israeli strikes that began on February 28. His son and successor, Mujtaba Khamenei, was also injured in the attack and has not appeared publicly since taking office.

The highest security agency in Iran stated that if the enemy implements a maritime blockade, it will be considered a violation of the ceasefire and will result in conditional and limited open control of the Strait of Hormuz, aiming to control traffic through the Strait of Hormuz until the end of the war and achieve lasting peace in the region. At the same time, the head of Russia's nuclear energy agency expressed willingness to assist in removing enriched uranium from Iran, stating that Russia is the only country with positive experience in cooperation with Iran and is closely monitoring the progress of US-Iran negotiations.

Wintermute announced that it has provided bilateral liquidity for event contracts on major prediction market platforms. The company said that the cumulative trading volume of prediction markets in 2026 has exceeded $60 billion, and that the major platforms currently have monthly trading volume of over $20 billion. Wintermute believes that prediction markets are evolving from niche forecasting tools into an important market for trading real-world event risk, and that stablecoins, blockchain, and native crypto settlement mechanisms also make them highly compatible with existing digital asset market infrastructure.

According to SoSoValue, on May 15th Eastern Time, XRP spot ETF had a net inflow of approximately $10.8661 million in a single day. Among them, Bitwise XRP ETF had the highest net inflow for the day, about $6.8953 million, with a total net inflow of $460 million; Grayscale XRP Trust ETF (GXRP) had a net inflow of approximately $1.6677 million for the day, with a total of $129 million. Currently, the total net asset value of XRP spot ETFs is about $1.18B, with a net asset ratio of 1.33%, and the historical total net inflow is approximately $1.39B.

Mars Finance reports that after large-scale enterprise deployment of AI, costs and returns have become focal points. Microsoft has canceled most Claude Code licenses, and Uber's COO also stated that AI expenses are difficult to justify. An AI consultant said that clients who do not restrict employee use of Claude could spend up to $500 million per month. Industry experts warn that token maxxing and full AI integration often yield poor ROI, with truly mature large-scale scenarios mostly in programming. Blind expansion leads to rising IT costs, and even querying simple questions like weather with high-cost models is not unlimited. Companies are offsetting AI bill pressures through layoffs, claiming this is a possible way to cover costs.

ME News 5/29 reports that BTC has fallen below the GEX concentration zone, reducing resistance above; ETH also broke below the approximately $2,000 GEX zone, weakening short-term support. Despite being in a sensitive area, implied volatility has not risen significantly, with IV across all maturities remaining below 40%, and the far end continuing to decline, while near-term IV has not increased due to consecutive drops. The implied probability of options expiring in May is about 20%, and tomorrow's monthly settlement may reshape the position structure. Overall, the market remains focused on the effectiveness of key support levels, and large holders' hedging demand for further breakdowns has not noticeably increased.

French semiconductor company Sequans announced that it has completed the redemption of convertible debt related to its Bitcoin treasury. With 658 BTC remaining, the debt has been fully cleared. By selling nearly 80% of its holdings to repay the debt, it has ended its Bitcoin hoarding strategy. The CEO said it will strengthen its balance sheet, simplify its capital structure, and in the future focus on 4G/5G IoT semiconductor business. The company previously set up a treasury in 2025年6月 and had planned to increase it to 3000枚BTC, but has now shifted its focus to its core business.

BlockBeats points out that the market is still affected by rising inflation and the long-term impact of geopolitical conflicts. The Federal Reserve is hawkish; if inflation does not decrease, interest rate hikes may resume, and energy, AI investments, and global supply chain costs could increase inflationary stickiness. Tensions in the Middle East are high, with ongoing U.S. strikes on Iran and sanctions, raising risks to the energy supply chain. The AI/semiconductor boom has boosted related stock prices and costs, but equipment and infrastructure spending have also increased. After Bitcoin fell below $74k, it entered a deleveraging phase, with the $70,000–$78k range creating pressure.

Barclays analysts say that prediction markets are threatening other speculative tools and even becoming strong competitors to leveraged ETPs. Since the 2024 election, trading activity on prediction platforms has been active, with Kalshi and Polymarket's nominal trading volume exceeding $24 billion in April, a significant increase compared to a year ago. The boom is driven by viral spread among the younger generation, with nearly one-third of Generation Z and Millennials participating in or considering participation in prediction markets and sports betting. However, current prediction markets still struggle to surpass flagship retail products like 0DTE, with the S&P 0DTE trading volume reaching $57 trillion in March.

CoinWorld News, on the 27th, WHO Director-General Tedros Adhanom Ghebreyesus called on all parties involved in the conflict in the Democratic Republic of the Congo to agree to an immediate ceasefire, allowing medical teams to safely and continuously access the affected area to contain the Ebola outbreak.

CryptoWorld News: Robinhood has received final approval from Canadian regulators to acquire WonderFi for 250 million CAD, with the transaction expected to close on June 1. WonderFi’s subsidiary, Coinsquare Capital Markets, received approval on May 20, completing the final condition for the acquisition. Based in Toronto, WonderFi operates several regulated crypto businesses in Canada, including Bitbuy and Coinsquare. After the deal is completed, Robinhood will gain access to an established regulated crypto trading network in the Canadian market. Currently managing approximately 1.5 billion CAD in assets, WonderFi has expanded Robinhood’s crypto business in the rapidly growing digital asset market worldwide.

Ondo Finance founder and CEO Nathan Allman has sadly passed away. His talent, humility, and execution were widely recognized, and the open finance philosophy will continue to guide the company’s development. The announcement states that Long-term President Ian De Bode will succeed as CEO; he has led the company’s strategy, products, and day-to-day operations for more than two years and has the full support of the management team.

CryptoWorld News reports that India’s state-owned fuel retailers have raised fuel prices for the fourth time in May, with diesel increasing by 2.71 rupees per liter and gasoline by 2.61 rupees per liter. This move aims to offset some of the losses caused by rising crude oil costs due to the Iran war. The state-owned fuel retailers, which control about 90% of India’s fuel market share, began raising retail fuel prices on May 15 after the conclusion of some key state elections. Since then, Indian Oil Corporation, Bharat Petroleum, and Hindustan Petroleum have collectively increased diesel prices by approximately 8.6% and gasoline prices by about 7.8%. Currently, the price of gasoline in New Delhi is 102.12 rupees per liter, and diesel is 95.20 rupees per liter.