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Tom Lee, the chairman of BitMine, Ethereum's largest treasury, stated that Ethereum has a strong group of leaders and developers who can ensure it continues to be the future settlement layer for finance and AI.Currently, much of the bearish sentiment is just despair and mutual blame at the bottom of the crypto winter. Blockchain is the only viable way for agentic AI to conduct business interactions while significantly improving the profitability of the financial system. I will continue to be optimistic about ETH.

Paradigm officially announced the open-sourcing of Centaur, a self-hosted AI Agent Runtime developed jointly by Paradigm and Tempo that supports multi-user collaboration and secure operation. Paradigm stated that since January of this year, the fund has been using Centaur internally, which has completely transformed the way the team works, covering various task scenarios such as investment, engineering, design, recruitment, events, and customer service.Centaur can be understood as a "shared Agent" that can call tools, run continuously for hours or even days, continue working after a system restart, and perform operations using real credentials without ever touching the raw secrets. Users can communicate with it via Slack or call it through an API.

U.S. SEC Commissioner Hester Peirce stated that the SEC's "innovation exemption" for tokenized stocks is expected to apply only to on-chain equity products. She pointed out that synthetic tokens that merely mimic stock price performance but do not possess full shareholder rights are expected to not meet the relevant regulatory exemption requirements.

According to The Block, former Ethereum Foundation researcher Dankrad Feist posted on the X platform, proposing the establishment of a new organization aligned with the Ethereum economy to "save" Ethereum. He believes that the Ethereum Foundation currently holds less than 0.1% of ETH, with no staking or fee income flowing in, so the new organization needs to raise at least $1 billion in funding, managed by competent leaders, with part of the funds coming from staking income, and driven by a more responsible board to boost Ethereum's price.Feist left the foundation last year to join Layer 1 network Tempo. He co-created the Danksharding shard design in the Ethereum community to enhance Layer 2 scalability, was appointed as a strategic advisor in areas such as L1 scaling and user experience during the restructuring of the foundation's leadership, and proposed EIP-9698, which would increase the Gas limit by 100 times.

According to Coinglass data, the current 8-hour average funding rate for ETH across the network is 0.0039%. Among the current mainstream exchanges, the rate on Binance is 0.005%, OKX is 0.0079%, Bybit is 0.0043%, and Gate is 0.0018%.

According to Coinglass data, the current 8-hour average funding rate for BTC across the network is 0.0021%. Among the current mainstream exchanges, the rate on Binance is 0.0036%, OKX is -0.0016%, Bybit is 0.0064%, and Gate is 0.0022%.

According to Coinglass data, the current 8-hour average funding rate for ETH across the network is 0.0045%. Among the current mainstream exchanges, the rate on Binance is 0.0039%, OKX is 0.0063%, Bybit is 0.0057%, and Gate is 0.0076%.

According to Coinglass data, the current 8-hour average funding rate for BTC across the network is 0.0047%. Among the current mainstream exchanges, the rate on Binance is 0.0061%, OKX is 0.01%, Bybit is 0.0049%, and Gate is 0.0098%.

According to CoinDesk, the holdings of long-term Bitcoin holders continue to rise, currently reaching about 16.3 million BTC, close to historical highs, breaking a downward trend that lasted for two and a half years.Long-term Bitcoin holders are typically investors who have held their coins for more than 155 days. The holdings have increased from about 14.12 million BTC since Bitcoin reached its historical high of approximately $126,000 in October 2025, with an increase of about 200,000 BTC in the past month alone.Historically, this metric only approached higher levels (around 16.4 million BTC) in January 2024, just before the launch of the U.S. Bitcoin spot ETF. Subsequently, as the market rose, long-term holders cumulatively reduced their holdings by about 2 million BTC over several months.During typical bear markets or price correction phases, long-term holders usually re-enter accumulation cycles, indicating that "smart money" is flowing back into the market during periods of price pressure on Bitcoin.

a16z crypto general partner Guy Wuollet pointed out that the financial industry is undergoing a "digital migration" similar to the era of cloud computing, with blockchain becoming the core infrastructure driving this transformation. Wall Street's adoption of blockchain is not driven by the idea of "decentralization," but rather by the practical needs for counterparty risk management, settlement efficiency, and fair ordering mechanisms.The so-called "digital assets" essentially represent the process of migrating the underlying architecture of the financial system onto the blockchain, similar to the transition of enterprise IT systems from on-premises deployment to cloud services. When financial assets operate on programmable shared infrastructure, it brings the core advantage of "composability," allowing assets to be freely combined and expanded like software, significantly reducing development costs and enhancing the overall innovation efficiency of the financial system. This trend will drive traditional finance from a "closed reconciliation system" to an "on-chain coordination network," and blockchain technology will gradually become a standard component of the financial infrastructure layer in this process.

According to Coinglass data, the current holdings of whales on the Hyperliquid platform amount to $4.655 billion, with long positions totaling $2.269 billion, accounting for 48.75% of the holdings, and short positions totaling $2.386 billion, accounting for 51.25%. The profit and loss for long positions is $58.9641 million, while the profit and loss for short positions is -$11.5 million.Among them, the whale address 0x8def..ae has shorted HYPE with a 5x leverage at a price of $44.9617, currently showing an unrealized profit and loss of -$22.8778 million.

According to on-chain data monitored by Catcher Predict, significant capital movements are predicted in the market Polymarket. A large whale invested $186,472.36 in the event "Will the US and Iran reach a permanent peace agreement before...?" with a single purchase on "May 31." Based on the current transaction price, the latest corresponding probability of this subject is 82.6%.

According to Jinshi reports, the number of initial jobless claims in the United States for the week ending May 16 was 209,000, lower than the market expectation of 210,000, and the previous value was revised from 211,000 to 212,000.

According to Forbes, U.S. Treasury Secretary Scott Bessent stated that the U.S. Treasury has frozen nearly $500 million in cryptocurrency assets related to the Iranian regime, including $344 million frozen last month.The report states that Iran currently controls about $7.7 billion in digital assets and uses Bitcoin to settle payments for shipping insurance via the Strait of Hormuz.The U.S. is intensifying its crackdown on Iran's cryptocurrency activities to cut off its channels for evading sanctions and transferring funds. Industry insiders say that cryptocurrency transactions can still be tracked, and the U.S. may further pressure by restricting cryptocurrency exchanges' access to the U.S. banking system.

The tokenized securities settlement platform Seturion, part of the Stuttgart Stock Exchange Group, is collaborating with Société Générale, its cryptocurrency subsidiary SG-Forge, and online broker flatexDEGIRO to build a blockchain-based securities settlement system in Europe.Société Générale will issue tokenized structured securities on its Seturion platform, such as Turbo warrants and investment certificates. SG-Forge, which holds a crypto asset market license issued by French regulators, will use its CoinVertible euro and dollar stablecoins EURCV and USDCV for transaction settlement. Meanwhile, flatexDEGIRO will connect the platform to its European retail channels for tokenized securities trading.

According to TASS, the Russian Ministry of Finance and the Central Bank of Russia plan to finalize the draft law for cryptocurrency market regulation next week and submit it to the State Duma for a second reading.Deputy Minister of Finance Ivan Chebeskov announced this news to reporters during the "Russian Digital Financial System: Digital Currency, Tokenization, and Artificial Intelligence" conference.

According to Bloomberg, the three founders of Manus are exploring various options to meet Beijing's demand for the withdrawal of the deal acquired by Meta, including raising about $1 billion from external investors to repurchase the China-founded agentic AI business at a valuation of at least not lower than Meta's original acquisition price of $2 billion.Insiders say that the founders may cover the gap out of their own pockets and plan to establish a joint venture with new investors in China, followed by an application for listing in Hong Kong. Negotiations are still in the early stages, with several obstacles remaining, including how to separate the deeply integrated Manus technology and team from the Meta system, as well as the specific arrangements for the deal structure.

According to Gate market data, the three major U.S. stock indices generally rose before the market opened, with the Nasdaq up 0.41%, the Dow up 0.31%, and the S&P 500 up 0.35%.Most of the seven major tech stocks rose before the market opened, with Apple (AAPL) down 0.07%, Microsoft (MSFT) up 0.15%, Alphabet (GOOGL) up 0.53%, Amazon (AMZN) up 0.55%, Nvidia (NVDA) up 0.68%, Tesla (TSLA) up 2.17%, and Meta (META) down 0.18%.

According to Coinglass data, the current 8-hour average funding rate for ETH across the network is 0.0036%. Among the current mainstream exchanges, the rate on Binance is 0.0025%, OKX is 0.0075%, Bybit is 0.0038%, and Gate is 0.0056%.

According to Coinglass data, the current 8-hour average funding rate for BTC across the network is 0.0028%. Among the current mainstream exchanges, the rate for Binance is 0.004%, OKX is 0.0021%, Bybit is 0.005%, and Gate is -0.0005%.