The Bitcoin market is facing warnings of a "deep pullback". If it cannot hold the historical high level of December 2024, the price has already fallen below the support level, with resistance mainly coming from profitable positions. Research reports indicate that Bitcoin demand may reach a peak, the growth rate of whale holdings is slowing down, and unrealized profits suggest that the upward trend may pause.

CryptoQuant's research report indicates that Bitcoin demand may have peaked, with the price potentially pulling back to below $100,000. The accumulation rate of whales has slowed, which could lead to a price fall. Trader Mags points out that if Bitcoin's price fails to hold the support level, a deeper pullback may occur.

CryptoQuant pointed out that Bitcoin may experience a pullback due to profit-taking, as demand indicators have peaked and Whale accumulation has slowed. Trader Mags believes that BTC has fallen below its historical high, and if the weekly close is below the support level, a deeper pullback may occur, potentially dropping the price below $100,000.

ChainCatcher news, Whale James Wynn stated, "100 million dollars is not a lot of money. For those whose minds are shackled, maybe it is. But for a free spirit, anything is possible, and this amount is insignificant. It’s just 100 million dollars, a drop in the ocean of the money world. The irony is, how many people go through their entire lives without even seeing or hearing this number. Free will is more important than the mindset of the poor."

BlockBeats news, on May 31, Whale James Wynn stated, "100 million dollars is not a lot of money. It may be for those whose minds are shackled, but for a free spirit, anything is possible, and this amount is trivial. It's just 100 million dollars, a drop in the bucket in the world of money. It’s laughable how many people go through their entire lives without even seeing or hearing this number. Free will is more important than the mindset of the poor."

PANews News on May 31 reported that the decentralized automated market maker STON.fi announced the integration of the synthetic US dollar stablecoin USDe launched by Ethena Labs. Users can exchange USD₮ or TON for USDe through STON.fi and choose to stake or provide liquidity to earn Ethena points rewards.

On May 31, the net inflow of funds for Crypto Assets Spot included SNT, LPT, RAY, GBP, and OGN, amounting to 4.72 million, 2.22 million, 1.94 million, 1.88 million, and 1.76 million USD respectively; the net outflow included BTC, SOL, ETH, DOGE, and XRP, amounting to 257 million, 83.99 million, 59.54 million, 46.24 million, and 30.12 million USD.

BlockBeats news, on May 31, James Wynn stated on social media, "I will make a comeback, I love this game. Money is essentially a mindset. I am still richer than 99.9% of crypto Twitter users. I placed a huge and well-thought-out bet, aiming to earn one billion dollars. My passive income is more than most of you earn in a year every month."

Whale James Wynn posted on the X platform stating that he will make a comeback, enjoys games and making money, and believes that money depends on mindset, while success requires courage and calculation. Although he has made a lot of money, true wealth lies in peace, happiness, family, love, and so on. He emphasizes that money cannot make a person truly wealthy, and that the inner self is what matters most.

Odaily News Global Dollar Network announced that Global Dollar (USDG) is now available on the Ink Blockchain. USDG is a US dollar-pegged single-currency stablecoin issued by Paxos, which was previously available on the Solana Blockchain and maintained Ethereum compatibility. (PRNewswire)

Matador Technologies announced that it has received a CAD 1.5 million investment from Arrington Capital. Arrington Capital is a digital asset management company founded by Michael Arrington, Heather Harde, and Geoffrey Arone. The investment will be used for the acquisition of Bitcoin, gold, and company purposes.

According to ChainCatcher news and Cointelegraph, GameStop CEO Ryan Cohen believes that Bitcoin is a hedging tool against currency depreciation. Ryan Cohen stated, "If Bitcoin becomes digital gold, there is still more room for rise."

PANews reported on May 31 that GameStop CEO Ryan Cohen views BTC as a tool for hedging against currency devaluation. He stated, "If Bitcoin becomes digital gold, its rise potential will be even greater."

PANews May 31 news, according to official news, Gate will launch Advanced Mortgage & Reserve (AMR) spot trading at 22:00 (UTC+8) on May 31. The HODLer Airdrop is now open, and the event will end at 20:00 (UTC+8) on May 31, holding 1

The Indian military confirmed that it lost fighter jets during the conflict with Pakistan in May this year, but did not disclose specific numbers. India emphasized that it is not on the brink of nuclear war and stressed the importance of understanding the reasons behind the aircraft being shot down. India rebutted Pakistan's claim of shooting down six Indian fighter jets, without specifically disclosing the number of losses. The focus is on the reasons for the fighter jets being shot down rather than specific numbers. This is the first time the Indian government has directly commented on the fate of Indian aircraft in the India-Pakistan conflict.

According to ChainCatcher news and Onchain Lens detection, James Wynn has closed his long positions in BTC (40x leverage) and PEPE (10x leverage), resulting in a loss of 2.81 million dollars. Currently, James Wynn has a total loss of 17.72 million USD.  

BlockBeats news, on May 31, according to Cointelegraph, the reserves of Bitcoin trading platforms have reached a new low. BTC is continuously flowing out of centralized platforms, indicating that entities such as whales, institutions, and governments are more inclined to engage in long-term Coin Hoarding through non-custodial storage methods.

Cetus announced that it has safely transferred the funds from the $220 million Hacker attack to a multisignature trust Wallet to ensure a return to users. The Sui community approved the proposal to release $162 million for compensating users and restoring the full operation of the DEX. Cetus stated that contract upgrades and preparations for a restart are underway.

According to Golden Finance reports, Farside Investors monitoring data shows that yesterday IBIT had a net outflow of 430.8 million dollars.

PANews news on May 31, according to official data, in the 7 days ending May 29, Circle issued approximately 3 billion USDC, redeemed about 3.2 billion USDC, and the Circulating Supply decreased by about 200 million. The total Circulating Supply of USDC is 61 billion, with a reserve amount of approximately 61.3 billion USD, of which about 8 billion is cash, and the Circle Reserve Fund holds about 53.3 billion.

Jin10 reports that U.S. President Trump stated: The final agreement with Japan must be approved, but we have not yet reached a final agreement.

Jin10 Data, May 31st - Denis Pushilin, the head of the Donetsk People's Republic, told the Russian Satellite News Agency that despite the Ukrainian army reinforcing its "most vulnerable" positions on the front lines with reserve forces, such as in Red Army City (referred to as "Pokrovsk" by Ukraine) and Chasov Yar, the Russian military is cutting off Ukrainian supply lines in multiple directions within the republic.

Jin10 data reported on May 31, local time May 30, U.S. President Trump stated that starting June 4, the import tariffs on steel and aluminum will be increased from 25% to 50%. On May 31, local time, Australian Trade Minister Farrell responded, stating that Australia’s position is consistent and clear. These tariffs are unreasonable and not a fren's behavior. Farrell said, "This is an act of economic self-harm that will only hurt consumers and businesses that rely on free and fair trade. We will continue to push and strongly advocate for the removal of tariffs."

On May 31, news from World Liberty Financial's official Twitter indicates that USD1 has become the exclusive designated stablecoin for the community distribution activity of Sahara Labs (SAHARA) on the Buidlpad platform. This collaboration aims to promote crowdfunding development and foster a more open, fair, and accessible AI future.

According to the Gate News bot, data from SoSoValue shows that on May 30, Eastern Time, the total net inflow of Ethereum Spot ETF reached $70.2402 million, maintaining a net inflow status for 10 consecutive days. Among them, Blackrock's ETHA Ethereum ETF product performed outstandingly, with a net inflow of $70.2402 million on that day, bringing the historical cumulative net inflow of ETHA to $4.606 billion. Source: Wu Says

Yesterday, the total net outflow of Bitcoin Spot ETFs reached 616 million USD, mainly from Blackrock ETF IBIT and Ark Invest with 21Shares ETF ARKB. Currently, the total net asset value of Bitcoin Spot ETFs is 126.152 billion USD, with a net asset ratio of 6.07%, and the historical cumulative net inflow has reached 44.369 billion USD.

ChainCatcher message, according to SoSoValue data, yesterday (Eastern Time May 30) Bitcoin Spot ETF had a total net outflow of 616 million USD. The Bitcoin Spot ETF with the largest net outflow yesterday was the Blackrock ETF IBIT, with a net outflow of $431 million. Currently, the total historical net inflow of IBIT has reached $48.569 billion. The second was the ETF ARKB from Ark Invest and 21Shares, with a net outflow of $120 million. Currently, the total historical net inflow of ARKB has reached $2.444 billion. As of the time of writing, the net asset value of the Bitcoin Spot ETF is 126.152 billion USD, and the ETF net asset ratio (the market value relative to the total market value of Bitcoin)

Golden Finance reports that the market shows CRO breaking through 0.105 USD, currently quoted at 0.1046 USD, with a 24-hour rise of 12.5%. The market fluctuation is quite large, please ensure proper risk control.

BlockBeats news, on May 31, Slow Mist founder Yu Xian stated that a user's four sets of mnemonic phrases were leaked, corresponding to four wallet addresses where the funds were stolen. From the on-chain operational methods, after receiving the funds, the hacker's address converted everything into ETH, and then laundered it through FixedFloat. The longer mnemonic phrases/private keys are exposed to the internet and the more people they are distributed to for joint use, the more likely they are to be leaked, and the harder it is to investigate the reasons for the leak.

James Wynn is currently going long with the reverse copy trading account's holdings, with a total unrealized loss of 3.38 million USD, including an unrealized loss of 1.62 million USD on BTC long orders and an unrealized loss of 1.76 million USD on ETH long orders. The latest news indicates that James Wynn denies any association with the reverse copy trading account and only operates using the public HyperLiquid account.

BlockBeats news, on May 31, according to Onchain Lens monitoring, a certain Whale deposited 1.7 million USDC (a total of 4.3 million USD) into HyperLiquid to increase the position of its ETH long positions with 25x leverage. Currently, the notional value of this ETH position has reached 75.27 million USD, with unrealized losses amounting to 1.4 million USD.

ChainCatcher news, the RWA (Real World Assets) track project ONDO DAO announced that its global governance node plan will be officially launched soon. The plan aims to build a Decentralization governance framework, and participating nodes will gain governance rights and corresponding economic benefits. It is reported that Node seats will adopt a limited mechanism, and the platform is committed to promoting the compliance process of trillion-dollar scale RWA assets.

ChainCatcher news, the RWA (Real World Assets) track project ONDO DAO announces that its global governance node initiative will officially launch soon. The plan aims to build a Decentralization governance framework, and participating nodes will receive network governance rights and corresponding economic benefits. It is reported that the Node positions will adopt a limited mechanism, and the platform is committed to promoting the compliance process of trillion-dollar scale RWA assets.

A certain Whale conducted a series of operations in Bitcoin and Ethereum trading, buying the dip and cutting losses resulting in profits and losses. He made a profit after buying the dip on BTC but missed a higher price. There was a huge loss when shorting WBTC, and buying ETH also resulted in a loss. The total unrealized losses exceeded 4 million dollars.

Odaily News StayLoudio founder @0xultra posted on X platform, stating that the allowlist check tool is now live on stayloud.io official website, and users can input their wallet address to check allowlist information.

Gate WCTC S7 World Crypto Assets Trading Competition's second half is gaining popularity, with over 100,000 participants and more than 45,000 teams formed. There are 8 days left until the event ends, with a prize pool of up to 5 million USD, and teams at the top can win a Ford Mustang GT. The deadline for the event is June 8, 2025.

SharpLink Gaming submitted a registration application to the SEC in the United States, planning to raise up to $1 billion through the issuance of common stock, with most of the proceeds to be used for purchasing Ether and other purposes. Previously, the company completed a private sale financing of approximately $425 million, led by Consensys, and the funds will be used for purchasing Ethereum and other purposes.

Golden Ten Data on May 31, when the Japanese government put rice reserves on the market in order to stabilize the soaring rice prices, Yuichiro Tamaki, leader of the opposition National Democratic Party, said that the government's reserve rice has been stored for too long, "and it will be animal feed in another year." The remarks sparked widespread criticism from the public and politicians. In the face of the pressure of public opinion, the secretary general of the National Democratic Party, Hakuba Katsu, also apologized on the 30th for Yuichiro Tamaki's remarks.

U.S. SEC Commissioner Hester Peirce stated that meme coins like the TRUMP Token are not regulated, and investors should not expect regulatory protections. She emphasized that this is different from NFTs, which, while not securities, are still influenced by market value. Peirce stressed that the SEC will not intervene in these areas and reminded investors to approach them rationally.

FTX launched the second phase of the repayment process, which is expected to release more than $5 billion; $800,000 remaining after James Wynn's liquidation; REX Shares plans to list Solana and Ethereum staking ETFs in the United States; Cetus will be fully restored within a week; Orange Cap Games' acquisition of Moonbirds, among others; Atticus valuation: $1.5-$2 billion; New York City vetoes Bitcoin municipal bond program; The SEC says meme tokens such as TRUMP are not regulated.

Gate News bot news, according to Gate market, the ETH_USDT price has fallen below 2500 USDT, current price is 2499.46 USDT.

Odaily News Fluid announced that its DEX functionality will expand to Base, supported by smart collateral and smart debt.

The Sui community released $162 million through on-chain proposals to address the impact caused by the Cetus vulnerability and ensure the DEX returns to full operation. The frozen funds will be held in custody and gradually returned to users. Cetus plans to complete the full recovery, including data, contract upgrades, and product features, within a week.

According to CoinMarketCap data, the Altcoin Season Index reported 16 on May 31, down from 43 on May 10. The index shows that over the past 90 days, about 16 of the top 100 crypto assets by market capitalization have had a rise that exceeds Bitcoin. The Altcoin Season Index is used to determine whether the market is in an altcoin-dominated season, based on the performance of alts relative to Bitcoin over the past 90 days.

Odaily News Stablecoin startup Atticus is about to complete a new round of financing led by Anduril CEO Palmer Luckey, with an expected valuation of 1.5-2 billion USD. The project was co-founded by former Aer Compliance founder Owen Rapaport and former Circle regulatory advisor Jacob Hirschman, and has received support from crypto venture capital Haun Ventures. (The

Atticus is a stablecoin startup that is about to complete a new round of financing, with a valuation of $1.5 to $2 billion. The new round of financing is led by Palmer Luckey, founder of Anduril, with Haun Ventures also participating. Atticus was co-founded by former advisors from Aer Compliance and Circle. If the financing is successful, it could become the first stablecoin unicorn in 2025, as the volume of stablecoin transactions on the Ethereum chain continues to rise.

Atticus is a stablecoin startup that is about to complete a new round of financing, with a valuation of $1.5 to $2 billion. This new round of financing is led by Palmer Luckey, founder of Anduril, with participation from Haun Ventures. Atticus was co-founded by former advisors from Aer Compliance and Circle. If the financing is successful, it could become the first unicorn in the stablecoin sector by 2025, as the volume of stablecoin transactions on the Ethereum blockchain continues to rise.

A federal prosecutor in the United States announced that a 43-year-old man from New York was sentenced to 41 months in prison for possessing unauthorized access devices with the intent to defraud and for possessing cocaine with the intent to distribute, with $27,000 in criminal proceeds confiscated. This individual purchased stolen account information on illegal online markets and used Bitcoin and other virtual money for transactions. The FBI's investigation also uncovered a large quantity of fentanyl and cocaine.

Brazilian fintech company Méliuz announced the launch of a stock issuance, planning to raise up to 450 million reais to increase its holdings in Bitcoin. The company holds 320.25 Bitcoins, with the pricing of new shares set for June 12, and trading starting on June 16, with existing shareholders enjoying priority subscription rights. Since transforming into a Bitcoin asset management firm, the stock price has risen by 217%.

New York City Comptroller Brad Lander opposes Mayor Eric Adams' proposal to issue Bitcoin-backed municipal bonds, arguing that Crypto Assets are unstable and unsuitable for funding infrastructure and other public affairs. He stated that this could pose new risks to the city and undermine investor confidence. In the November mayoral election, Brad Lander is the successor to Eric Adams, who is currently running as an independent candidate.

The German government is considering imposing a 10% digital tax on American tech giants, as these companies avoid taxes in Germany while German businesses face unfair situations due to high tariffs from the United States. This decision aims to address the tax avoidance issue of American tech giants and promote a fairer system between the EU and the US.

According to ChainCatcher news and reports from Jin10, JPMorgan CEO Jamie Dimon stated, "You will see the U.S. bond market 'break.' The Federal Reserve can try to manipulate long-term Intrerest Rates, but this manipulation won't last long. We are fully prepared for Intrerest Rates to rise to 5%."

Golden Finance reports that Federal Reserve official Daly stated: "The April prices were a relief, but do not depict the overall situation; the economic data to be released subsequently is expected to be very positive; we hope to ensure that inflation continues to steadily decline towards 2%; the monetary policy is in a good state."