Today
2025/05/20

JOBCOIN and 51 other digital assets will be delisting on May 21, 2025 at Gate.

Gate News bot message, according to the official announcement from Gate on May 20, 2025: Gate will delist multiple tokens from the innovation zone on May 21, 2025, at 21:00 ( UTC+8. The tokens involved include JOBCOIN, FIGHT, BNBXBT, SIMMI, DOGEAI, RETARDIO, KM, LOCKIN, X, FURM, and a total of 54 tokens. These tokens are distributed across multiple public chains, mainly including SOL, BSC, BASEEVM, and ETH. Gate recommends users to withdraw their assets if they hold related assets before delisting.
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"The Federal Reserve (FED) mouthpiece" Nick Timiraos: expects April core PCE to pump by about 0.13%

On May 20, Wall Street Journal reporter Nick Timiraos stated that the decline in the Producer Price Index (PPI) will lead to a moderate Core PCE inflation reading. The Core PCE is expected to rise by about 0.13% in April, but March data may be revised upward, resulting in a year-on-year growth rate of approximately 2.6% for the Core PCE.
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Kalshi teams up with xAI to create a prediction market platform

Kalshi Inc. has appointed Donald Trump Jr. as a strategic advisor and is collaborating with xAI, a company under Musk. Users can place bets on event outcomes on the Kalshi platform by purchasing derivation contracts. xAI will integrate historical trend news to provide information support for traders to assist in judging The Federal Reserve (FED) interest rate adjustments or election outcomes. The CEO of Kalshi believes there is a deep alignment between prediction markets and artificial intelligence, reflecting known information and expanding the boundaries of knowledge. (Source: Bloomberg)
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Whale James Wynn has stopped reducing positions and started increasing the position on BTC long order, with current holdings valued at 279 million USD in BTC long order.

On-chain analyst Yu Jin has detected that investor James Wynn has increased his position again when the BTC price pulled back above his long position entry price, reducing his long position from 570 million dollars to 190 million dollars, realizing a profit of 6.2 million dollars. He currently holds 2,675 BTC longs with a 40x leverage, worth 279 million dollars, with an entry cost of 103,629 dollars and a liquidation price of 87,765 dollars.
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James Wynn has restarted increasing the position, currently holding 2675 BTC long positions with 40x leverage.

PANews, May 20 - According to on-chain analyst Yu Jin's monitoring, as the BTC price pulled back to the entry price of Whale James Wynn's BTC Long Position, he has started to increase the position again. Today, he has reduced his BTC Long Position from $570 million to $190 million, realizing a profit of $6.2 million. Currently, he holds a long position of 2,675 BTC with 40x leverage, valued at approximately $279 million, with an entry cost of $103,629 and a liquidation price of $87,765.
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The Israeli military claims to have killed a commander at a Hezbollah base in southern Lebanon.

Jin10 data reported on May 20th, the Israel Defense Forces announced that earlier in the afternoon on the 20th, they killed a commander at the Hezbollah Mansouri base in southern Lebanon. The Israeli military stated that this member had planned multiple attacks against Israel, participated in the reconstruction of the Mansouri base, and facilitated the transfer of weapons. As of now, there has been no response from Hezbollah.
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Canaan Technologies' total revenue in the first quarter of 2025 increased by approximately 136% year-on-year, reaching 82.78 million USD.

Odaily News Canaan Creative has released its unaudited financial report for the first quarter, with total revenue reaching $82.78 million, exceeding the previous financial forecast of $75 million, representing a rise of 135.9% compared to the same period last year. As of March 31, 2025, the company holds a total of 1,468.1 Bitcoins, with the fair value of its Crypto Assets and cryptocurrency receivables amounting to $125.9 million. For the second quarter of 2025, the company currently expects total revenue to be around $100 million.
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LaserCat NFT announces that it will officially unveil its artwork on May 20.

Odaily News LaserCat NFT announced that it will officially launch the first batch of 520 NFTs on May 20, 2025.
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Analysis: The Pectra upgrade of Ethereum has not yet attracted new users or returning users, but the user churn rate has decreased.

The Pectra upgrade of Ethereum has not increased new or returning users but has dropped the churn rate. The number of new addresses and active addresses has slightly decreased, but the user churn rate has significantly reduced. This may be the effect of the network upgrade or a broader cyclical trend, and further observation is needed.
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Greeks.live: The overall market sentiment is bullish, and volatility may soon rise.

According to BlockBeats news on May 20, Greeks.live analyst Adam posted on social media stating, "The overall market sentiment is bullish, and Ethereum is performing strongly. The market is mainly focused on the DVOL MACD golden cross pattern signal, believing that volatility may soon rise, while also observing the rebound situation after Ethereum's second bottom test."
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The UK will immediately suspend negotiations on the free trade agreement with Israel.

Jin10 data reported on May 20, the British government stated on Tuesday that British Foreign Secretary Raab will announce a suspension of negotiations for the free trade agreement with Israel, adding that the UK has also summoned the Israeli ambassador regarding Israel's expanded military actions in Gaza. British Foreign Secretary Raab stated that Israel's actions are intolerable and urged Israeli Prime Minister Netanyahu to immediately end the blockade on humanitarian aid to Gaza.
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Musk: Advancing the lawsuit against OpenAI

Golden Finance reports that Musk is advancing the lawsuit against OpenAI.
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Glassnode: Ethereum Pectra upgrade has not yet driven an increase in network participation

Odaily News Glassnode stated on the X platform that the Ethereum Pectra upgrade has not yet driven an increase in network participation. Since the upgrade, the average number of new and recovered addresses has decreased compared to the beginning of the year (down 1.8% and 8.4% respectively), but the attrition rate has also significantly decreased (down 8.5%).
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Bloomberg analyst: The 30-year U.S. Treasury yield has surpassed 5%, which may signal that high-speculation Crypto Assets will encounter resistance.

Golden Finance reports that Bloomberg senior analyst Mike McGlone stated on social media that the 30-year U.S. Treasury yield exceeding 5% may indicate that investors are selling U.S. assets. This trend could create resistance for stocks and highly speculative Crypto Assets, while being favourable for gold.
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Musk: Will still serve as TSL CEO in five years.

BlockBeats news, on May 20, Musk stated, "I will still be the CEO of TSL in five years, unless I die."
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Arkham: The German government missed out on $2.3 billion in profits by dumping Bitcoin at an average price of $57,000 last year.

PANews reported on May 20 that, according to Cointelegraph, blockchain intelligence company Arkham said that the German government missed out on more than $2 billion in profits after selling bitcoin in 2024. Previously, a wallet labeled "German Government (BKA)" sold 49,858 BTC in multiple transactions in June and July 2024 at an average price of $57,900, with a total value of more than $2.89 billion. According to Arkham, the move cost the German government more than $2.35 billion, and if held to date, the bitcoins would be worth $5.24 billion, as bitcoin has risen by more than 80% since it was sold. Miguel Morel, founder of Arkham, said that the sale model was rushed, did not optimize market impact and profitability, and was actually sold at market prices on five different exchanges, seemingly to obtain more liquidity.
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Musk: Plans to have dinner with US President Trump in Washington this week.

Jin10 reported that Musk stated he plans to have dinner with U.S. President Trump this week in Washington.
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U.S. President Trump: I am a fiscal hawk.

Golden Finance reports, U.S. President Trump: I am a fiscal hawk.
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The German government is set to sell nearly 50,000 Bitcoins in 2024, missing out on a potential profit of $2.3 billion.

The German government cashed out $2.89 billion by selling Bitcoin seized from piracy websites between June and July 2024, at an average price of about $57,900. However, by May 2025, the price of Bitcoin rose to $104,700, and if held until now, it could have reached a market capitalization of $5.24 billion, missing out on a potential profit of $2.35 billion. The founder of Arkham pointed out that the government's eagerness to obtain liquidity could lead to a loss in market capitalization.
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AVAX breaks through 22 dollars

Golden Finance reports that the market shows AVAX has broken through $22, currently priced at $22.01, with a 24-hour rise of 2.18%. The market fluctuation is significant, please ensure proper risk control.
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Gate launches SOON (SOON) HODLer Airdrop, pre-deposit sharing $30,000 SOON rewards

Gate announced the launch of the SOON (SOON) HODLer Airdrop event on May 20, allowing participation with just 1 GT, with a personal participation limit of 5000 GT. Additionally, they have a limited-time pre-deposit benefit, where pre-depositing over $10 in SOON will enjoy zero Gas fees, and have the chance to receive additional SOON rewards worth $5 to $50, with a total airdrop amount of up to $30,000 SOON.
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The Bitcoin liquid staking protocol Rover has completed a $4.1 million seed round financing.

According to a report from Golden Finance and The Block, the Bitcoin liquid staking protocol Rover announced the completion of a $4.1 million seed round financing. The round's investors include institutions such as CMS, Animoca Ventures, and Bloccelerate. It is reported that Rover plans to use these funds to develop liquid staking solutions on the blockchain network Botanix.
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Microsoft adds real-time Blockchain data to Fabric through Space and Time integration.

Microsoft collaborates with the decentralized data platform Space and Time to bring multichain blockchain data into Microsoft Fabric, including Ethereum, Polygon, BNB Chain, Sui, and Avalanche, allowing developers to access this data through Fabric's Real-Time Intelligence module. (Source: The Block)
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Rover completed a $4.1 million seed round financing, with participation from Animoca Ventures and others.

The Bitcoin liquid staking protocol Rover has completed a $4.1 million seed round financing, with investments from Bloccelerate, Animoca Ventures, CMS Holdings, UTXO, Maelstrom, and others. Rover is developing liquid staking solutions on the decentralized platform Botanix, while also receiving a strategic investment from UTXO.
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*ST Yushun: Trading suspension for abnormal stock price Fluctuation review

Jin10 data reported on May 20, ST Yushun announced that the company's stock rose by 204.18% from March 31, 2025, to May 20. To protect the interests of investors, the company has applied for a suspension of trading for inspection starting from May 21, expecting the suspension to last no more than 3 trading days.
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KULR increased its holdings by 83.3 Bitcoins, with an average purchase price of $103,000.

According to Gate News bot, as reported by Wu Shuo, Michael Mo, the CEO of KULR, a company listed on the New York Stock Exchange, announced via social media that the company has spent $9 million to increase its holdings by 83.3 Bitcoins, with an average purchase price of $103,234. Data shows that the company's Bitcoin investment has achieved a return rate of 220% this year. As of May 20, 2025, KULR holds a total of 800 Bitcoins.
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K33 Research: Bitcoin breaks through $100,000 but trading volume is sluggish, demand for institutional long positions is rising.

BlockBeats news, on May 20, K33 Research stated that although the price of Bitcoin has surpassed $100,000, its Fluctuation and volume remain relatively low. Meanwhile, the yields on the Chicago Mercantile Exchange (CME) continue to rise, and the open interest (OI) has increased significantly, indicating that the institutional market's demand for long positions is rising.
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BRIGHTONE's self-issued MEME coin WOOHOO will go live tonight at 9:09 PM, with governance and profit rights.

BRIGHTONE's self-issued MEME coin WOOHOO, as the core commemorative coin of the annual "520 All-Chain Carnival", allows holders to participate in governance, content co-creation, and incentive distribution. WOOHOO will serve as the underlying token for the festival points mechanism, linking multiple on-chain activities, including airdrop lotteries, NFT collaborations, and project co-branding tasks.
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The search popularity of "Agentic AI" and "AI Agents" on Google Trends has peaked.

Odaily News Google Trends data shows that the search popularity for "Agentic AI" and "AI Agents" has peaked at 99 and 100, respectively.
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The publicly listed company KULR invested 9 million USD to increase its holdings in Bitcoin, with open interest rising to 800.3 BTC.

KULR Technology Group announced that its Bitcoin open interest has reached 800.3 coins, with a total value of 78 million USD. Since launching its Bitcoin fiscal strategy in 2024, 90% of surplus cash has been allocated to Bitcoin. The company uses BTC yield as a key performance indicator, which has reached 220.2% from 2025 to date, aiming to create long-term value.
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Kaito Founder: The number of wallets staking over 5000 sKAITO has reached 355.

Odaily News Kaito founder Yu Hu posted on X platform stating that the number of wallets staking over 5000 sKAITO has reached 355, which is a rise of 36% compared to last week.
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The conflicting parties in Sudan are engaged in large-scale gunfire in the capital region.

Jin10 reported on May 20 that the Sudanese Armed Forces stated on the 20th that they are engaged in large-scale firefights with the Sudan Rapid Support Forces in the western and southern parts of the capital city of Entumon. Sudanese Armed Forces spokesman Nabil Abdallah said on the 20th that the Sudanese Armed Forces launched a large-scale military operation in Entumon on the 19th, aiming to eliminate the Sudan Rapid Support Forces stationed in the western and southern parts of the city, especially in the Salha area and its surrounding regions, in order to quickly and thoroughly recover Khartoum State.
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Canada's overall inflation rate has fallen to an eight-month low.

Jin10 data reported on May 20, driven by falling energy prices and the end of the federal consumer carbon tax, Canada's overall inflation rate in April dropped to its lowest level in 8 months. Statistics Canada stated on Tuesday that Canada's overall CPI rose by 1.7% compared to the same period last year. Economists at Toronto-Dominion Bank indicated that the market had originally expected this index to decrease from last month's 2.3% to 1.6%. On a month-over-month basis, prices fell by 0.1%, while the market widely expected a decline of 0.2%.
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Succinct will launch the PROVE Token as the native asset of the ZK proof network.

Succinct has launched an Ethereum-based ZKP validator network and introduced the PROVE token as its native asset, aiming to build a decentralized marketplace connecting proof requesters and providers. The PROVE token is used for payments, incentives, governance, and punishing wrongdoers. Succinct has completed a $55 million Series A funding round, led by Paradigm. The second phase of the Testnet is underway, with Phase 2.5 expected to be launched soon in preparation for the Mainnet launch.
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Public funds gather to correct performance benchmarks; the "Benchmark Library" may already be on the way.

The public sale fund industry has recently experienced a wave of adjustments to performance benchmarks, with 80 funds having undergone changes to improve the accuracy of risk-return characteristics. Regulatory guidelines are being contemplated, and more companies may join the adjustment movement in the future, with regulators possibly establishing a "benchmark library" to standardize the establishment.
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CryptoQuant Analyst: The market is currently experiencing the third phase of consolidation in this bull run, similar to the pattern before the rise in 2018.

According to a report by Jinse Finance, CryptoQuant analyst Axel Adler Jr stated that the market is currently undergoing the third oscillation convergence of this bull run cycle on the daily chart time frame. This pattern is similar to the three oscillation convergence patterns before the rise in 2018. He indicated that the market will soon reveal the strength of this consolidation.
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The possibility of the Bank of Canada lowering interest rates in June is about 50%.

Golden Finance reports that the Canadian swap market expects about a 50% chance of the Bank of Canada cutting interest rates in June, down from 64% before the CPI data was released.
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KULR increased its holdings by 83.3 BTC, with a Bitcoin return of 220% so far this year.

Odaily News KULR's CEO Michael Mo disclosed on the X platform that the company has increased its holdings by 83.3 BTC, spending 9 million USD, with an average purchase price of 103,234 USD, achieving a Bitcoin return rate of 220% year-to-date. As of May 20, 2025, it holds 800 BTC.
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The total supply of stablecoins has accounted for 1.1% of the dollar supply.

According to BlockBeats news on May 20, Token Terminal disclosed that the total amount of stablecoins accounts for 1.1% of the US dollar supply.
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Da Ming Securities: The fiscal situation in the United States is receiving a lot of attention.

Jin10 data reported on May 20, 2023, that Fitch downgraded the U.S. credit rating to below the highest level, but it did not cause a lasting reaction in the market. However, Dominion Securities analyst Gennadiy Goldberg wrote after Moody's downgraded the U.S. credit rating last Friday that this time might be different. Goldberg pointed out: "The 'Beautiful Big Plan' is likely to continue driving up the deficit, making investors anxious about the rising deficit and the potential lack of demand from foreign investors for U.S. Treasury securities."
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The STRK preferred stock of Strategy has outperformed BTC and the S&P 500 since its issuance.

The permanent convertible preferred stock STRK launched by Strategy (formerly MicroStrategy) has performed excellently, with a rise of 16% since issuance, surpassing Bitcoin and the S&P 500. Through the weekly ATM plan, $59.7 million has been raised, continuing to increase Bitcoin holdings. Strategy holds 576,230 Bitcoins, with an Annual Percentage Rate of 16.3%, an effective yield of 8.1% for STRK, and a low correlation with common stock, providing investors with differentiated market exposure.
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Mitsubishi UFJ: The Bank of Japan's policy stance may continue to support the yen.

Mitsubishi UFJ analysts predict that the Bank of Japan's signals to maintain interest rate hikes will support the yen. Meanwhile, the finance ministers of Japan and the United States will discuss exchange rate issues. Bessent believes that the overvaluation of the yen may hinder the Bank of Japan from lowering interest rates.
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Data: A Whale bought 3.5 million USD worth of Ethereum Spot while opening a 3x long order.

According to ChainCatcher news, monitored by lookonchain, a Whale Address deposited 7 million USDC to Hyperliquid 3 hours ago, among which: Bought 1,371.87 ETH at a spot price of $2,551 each using 3.5 million USDC; Additionally, 3.5 million USDC was used to open a long position on ETH with 3x leverage, with an opening price of 2,550.42 USD.
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Hisense Visual: Launches the industry's first "projection-level" home theater equipment

Jin10 reported on May 20 that Hisense Visual released its annual new products—the Exploring X1 series and the Starlight S1 series for 2026. In terms of pricing, the Exploring X1 Ultra 120-inch has a launch price of 69,999 yuan, while the 100-inch has a launch price of 49,999 yuan. The Exploring X1 100-inch has a launch price of 34,999 yuan, and the 92-inch has a launch price of 21,999 yuan; the Starlight S1 Pro 110-inch has a launch price of 35,999 yuan.
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A Whale spent 2 million USDC to buy 4.04 million JUP.

BlockBeats news, on May 20, according to Onchain Lens monitoring, a certain Whale spent 2 million USDC to purchase 4.04 million JUP at a price of $0.49.
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Bloomberg analyst: BlackRock may surpass Satoshi Nakamoto to become the world's largest BTC holder by the end of next summer.

Odaily News Eric Balchunas, a senior ETF analyst at Bloomberg, stated in a post on the X platform that BlackRock currently ranks second globally in Bitcoin holdings, just behind Satoshi Nakamoto, holding 57% of the total. It is expected to become the world's largest Bitcoin holder by late summer next year. If Bitcoin reaches $150,000 in the coming months, we may see financial advisory firms "madly buying up," potentially shortening the timeline for BlackRock to take the top spot.
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Fintech startup Slash completes $41 million Series B funding, led by Goodwater Capital.

Odaily News The fintech startup Slash has completed a $41 million Series B funding round, led by Goodwater Capital. Slash allows businesses to exchange between fiat currency and Crypto Assets and manage their various Crypto Assets. The company currently has 35 employees and plans to use the new funding to expand its business and enter new areas. (Fortune)
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Thumzup Media enables Stripe encryption payment service to accept USDC for advertising fees.

According to Gate News bot, Thumzup Media Corporation has officially launched Stripe's "Pay with Crypto" service. This service allows advertisers to pay for advertising costs using stablecoins such as USDC. Thumzup Media Corporation currently holds 19.106 bitcoins. Previously, the company announced a bitcoin reserve strategy that allows up to 90% of liquid assets to be allocated to bitcoin.
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Spanish Foreign Minister: Spain calls on the EU to assess the connection protocol with Israel.