mon

Recently, the volatility in the metal market has continued to intensify, with gold and silver prices maintaining high-level fluctuations. According to market data from the Gate platform, silver (XAG) reached a 24-hour high of $77.61 and is currently reported at $76.89; gold (XAU) reached a 24-hour high of $4,549.78 and is currently reported at $4,514.90, with an overall strong trend. According to CoinGlass data, the 24-hour contract position for silver (XAG) on the Gate platform reached $100 million, with a 24-hour trading volume of $131 million; the 24-hour contract position for gold (XAU) reached $180 million, both ranking among the top two globally. As global macro uncertainty increases, market risk aversion continues to rise, further driving the growth of metal trading activity.Gate has pioneered the metal contract trading sector, providing 24/7 uninterrupted trading, offering users greater strategic flexibility and asset management efficiency in volatile markets. Gate contracts cover a variety of traditional financial assets, including stocks, metals, foreign exchange, indices, and commodities, supporting trading in core assets such as gold, silver, and globally popular stocks. Gate continues to build a more efficient and professional multi-asset one-stop trading platform for global users.

According to GMGN data, the top 5 tokens with net inflows of smart money in the past 24 hours are as follows:KINS (Tqj8....ump): Net inflow of $1,000, with a 24-hour increase of 186.6%, currently priced at $0.0018.Dogwifgun (GQnX....ump): Net inflow of $733, with a 24-hour increase of 6842%, currently priced at $0.0003.RICH (5hiL....ump): Net inflow of $531, with a 24-hour decrease of -42.5%, currently priced at $0.0009.OAI (56De....ump): Net inflow of $501, with a 24-hour increase of 15%, currently priced at $0.0001.HPSD (3MzQ....ump): Net inflow of $345, with a 24-hour increase of 939.4%, currently priced at $0.0001.

In response to Bankless founder David Hoffman's liquidation of ETH, Uniswap founder Hayden Adams posted on the X platform stating that "ETH is Money" is the correct narrative, just different from most people's understanding.Hayden Adams stated that in the future, all assets will be tokenized, and people will hold the assets they value most, while the most decentralized monetary system will manifest as "an infinite form of currency competing with each other." He believes that with a low-cost, high-efficiency, 24/7 asset exchange system, there is no need for a single unit of account. He also claimed that Ethereum-based Uniswap is "the best decentralized monetary system," and it is still in its early stages.

According to Onchain Lens monitoring, a certain whale sold 123,100 HYPE at a price of $61, exchanging it for 7.5 million USDC, making a profit of $2.5 million after holding for over 1.5 months. The whale purchased this batch of HYPE when it was worth $5 million.

According to Bloomberg, Bitcoin volatility has dropped to a nine-month low, and the market is entering a breather period. During the Asian trading session, the Bitcoin Volmex implied volatility index fell to 36.11 on Monday, the lowest since September of last year, approaching the lowest level since 2023. This index reflects the market's expected 30-day Bitcoin volatility through real-time cryptocurrency options prices. Additionally, the U.S. spot Bitcoin ETF saw a net outflow of about $1 billion in May, reversing a trend of net inflows for two consecutive months, indicating a cooling of investor demand.Caroline Mauron, co-founder of Orbit Markets, stated that retail interest is shifting towards other trading opportunities. Rajiv Sawhney, head of international portfolio management at Wave Digital Assets, noted that selling volatility has become one of the hallmark trades recently, and for Bitcoin, which lacks intrinsic yield, long-term holders, miners, and large funds are generating returns from their positions by selling volatility.

Michael Widmer, Managing Director and Head of Metal Research at Bank of America, stated that gold prices will face pressure in the short term due to a decline in market expectations for U.S. interest rate cuts. However, the bank maintains a bullish outlook on gold and reiterates its forecast for gold prices to rise to $6,000 per ounce in the next 12 months.The current pressure on gold is related to the market's repricing of inflation risks and the path of U.S. interest rates against the backdrop of rising energy prices due to the Middle East conflict. Despite these pressures, gold is expected to continue rising, supported by ongoing purchases by central banks, a rebound in investor demand, and weakening economic growth indicators.

According to CoinGlass data, gold (XAUT) is currently priced at $4520.46, with a total market position of approximately $697 million. Among them, the XAUT contract position on the Gate platform is about $166 million, ranking second in the entire network. Meanwhile, silver (XAG) is currently priced at $76.46, with a total market position of approximately $355 million. The XAG contract position on the Gate platform is about $101 million, also ranking second in the entire network, further reflecting the platform's liquidity and product advantages in the precious metals derivatives market.Currently, Gate has fully deepened its TradFi layout, with the spot section supporting stock and metal trading, and the contract section covering diversified assets such as gold, silver, foreign exchange, indices, and commodities. With a flexible USDT settlement mechanism and up to 100 times leverage, Gate continues to assist global investors in achieving cross-market, round-the-clock asset allocation and risk management.

According to DefiLlama data, Gate's contract open interest in the past 24 hours reached $11.457 billion, ranking among the top centralized exchanges. The top three are Binance, Bybit, and Gate.

JUST's sixth anniversary × GasFree Super Carnival Month continues to ramp up. From May 25 to 31, users who create or log in to a GasFree wallet address using designated wallets (TronLink Wallet, Klever Wallet, Guarda Wallet, NOW Wallet) and transfer USDT to the GasFree address using GasFree for USDT transfers can participate in the distribution of a 10,000 USDT prize pool.The more transfers made, the higher the ranking, and the greater the chance to enjoy fee reimbursement, with a maximum refund of 66 USDT per address. Users who first use GasFree during the event and successfully qualify for reimbursement will also receive an additional 20 USDT egg reward.At the same time, the first round of GasFree's "6" Koi activity has started (May 25, 18:00 --- May 26, 18:00 SGT). Users who hit lucky numbers such as 6, 66, 166 in the transfer ranking can receive 20 USDT, and the event will continue until May 29. In addition, by following @DeFi_JUST and participating in retweet interactions, 10 users will be randomly selected to share an additional benefit of 200 USDT. Create or log in to your GasFree wallet now, start your 0 Gas fee transfer journey, and win multiple surprise rewards.

After a continuous adjustment that reached a two-week low, crude oil has seen a slight rebound during the day. According to data from the Gate platform, WTI crude oil (CL) is currently priced at $91.11, up 0.96% in 24 hours; Brent crude oil (BZ) is currently priced at $94.86, up 1.07% in 24 hours. According to Coinglass data, trading of oil-related contracts on the Gate platform remains active: CLUSDT has a position of approximately $5.3171 million; BZUSDT has a position of approximately $3.3395 million, both maintaining high market attention.Gate contracts have taken the lead in laying out crude oil, pioneering the commodity contract sector, covering BZUSDT (Brent crude oil), CLUSDT (WTI crude oil), and NG (natural gas) perpetual contract trading, providing 24/7 trading, USDT settlement, and up to 100 times leverage, assisting users in cross-market asset allocation and strategy layout amid volatile markets.

According to Jinshi reports, European Central Bank Governing Council member Stournaras stated that if the inflation rate is significantly above the target level, monetary policy should be adjusted in a balanced and prudent manner to move towards a tighter direction.

OKX Ventures cited data from Token Terminal on platform X, indicating that the monthly transaction count on Ethereum has exceeded 70 million, setting a new historical high. At the same time, the median transaction fee on the network has dropped to approximately $0.00554, also setting a new historical low. This indicates that Ethereum is gradually achieving the network characteristics of "high efficiency and low cost."In light of this, OKX Ventures believes that Layer 2 solutions and modular architecture are continuously reducing the cost of on-chain interactions, and the historically high Gas fee issue is significantly improving. As transaction costs decrease to sufficiently low levels, applications such as stablecoins, blockchain games, social platforms, AI Agents, and RWA (real-world assets) will find it easier to attract real users.The competition among public chains is entering the "experience era," where future competition will no longer be based solely on TPS, but rather on whether the network can provide better security, liquidity, and user experience. Ethereum still maintains a strong advantage in terms of developer and ecosystem strength. As costs decline, activities such as on-chain payments, asset issuance, and cross-border settlements are expected to continue growing, with blockchain infrastructure gradually becoming part of the mainstream digital economy.OKX Ventures will continue to focus on infrastructure upgrades and the long-term application value within the Ethereum ecosystem. The truly important signal is not just market price fluctuations, but the continuous growth of real on-chain usage.

The Monetary Authority of Singapore is collaborating with private banks to adopt a "risk-based" approach to shorten the account opening time. The head of the Monetary Authority of Singapore stated that the authority aims to reduce the account opening time to within one month, while the current median account opening time for complex cases is about six weeks or longer.He stated that this move is intended to ensure that banks maintain high standards while avoiding unnecessary and excessive scrutiny of the sources of clients' wealth.

According to Onchain Lens monitoring, a certain whale sold 101,156 HYPE at a price of $63.06 after being silent for 8 months, in exchange for 6.38 million USDC.

According to Token Terminal data, Ethereum's monthly transaction count has reached a historic high, exceeding 70 million transactions, while the median transaction fee is approximately $0.00554, marking a historic low.

Aave founder Stani Kulechov reiterated the "revenue-oriented" protocol strategy and stated that revenue is key to the sustainable development of DeFi.Citing data, he noted that Aave V3's revenue has significantly outpaced other lending protocols over the past year. Stani mentioned that in the next 12 months, Aave will focus on diversifying revenue sources, enhancing profit margins through GHO, and developing the Aave App as a distribution layer controlled by AAVE holders to further enhance the protocol's profitability and user stickiness.

The privacy coin project Monero has released the graphical wallet software GUI 0.18.5 "Fluorine Fermi." This version is the officially recommended update, focusing on fixing multiple vulnerabilities.The core optimization content of this update includes: adjusting the P2Pool installation path on Windows systems to the local application data directory; improving the parsing logic for extreme scenarios of the uniform resource identifier; disabling the offline transaction creation feature under long payment ID mode; adding unsafe text escaping handling in the QR code scanning process; synchronously upgrading the P2Pool program to version 4.15 and correcting multiple minor program faults.Monero officials point out that this version has been open-sourced on GitHub, and users can download the upgrade through official channels to obtain the latest security fixes and stability improvements.

The Fuzhou City Cangshan District People's Procuratorate disclosed that a man was sentenced to 12 years and 7 months in prison for theft after stealing 4 Bitcoins from others and illegally profiting about 900,000 yuan, with a fine of 300,000 yuan. The second instance upheld the original verdict.The case shows that at the end of 2020, Wang entrusted Lin to assist in cashing out the Bitcoins he held. During the process of accessing Wang's Bitcoin wallet hard drive and computer, Lin stole the wallet's "private key" and related data, transferring 4 Bitcoins into his own name, and subsequently sold them for profit. In 2024, after Wang discovered abnormal asset activity, he reported it to the police, and Lin was subsequently arrested.The procuratorial authority stated that although current regulations clearly indicate that virtual currencies do not have the status of legal tender, Bitcoins possess value, manageability, and transferability, meeting the general characteristics of "property" in criminal law, and are subject to property crime. Relevant infringement actions will also be held criminally accountable.

The Federal Deposit Insurance Corporation (FDIC) has proposed a new regulation to establish Bank Secrecy Act (BSA) and sanctions compliance standards for stablecoin issuers under its supervision. The new regulation requires stablecoin issuing institutions to comply with all applicable regulations related to anti-money laundering / counter-terrorism financing (AML/CFT), economic sanctions programs, and reporting requirements, including those issued by the Financial Crimes Enforcement Network (FinCEN) and the Office of Foreign Assets Control (OFAC).The rule will also establish regulatory and enforcement provisions for AML/CFT programs in accordance with FinCEN's requirements. The proposed rule will be open for public comment for 60 days after its publication in the Federal Register.

Michael Saylor stated that currently about 100 million people have exposure to BTC through MSTR common stock, and he indicated that the Strategy has become the largest stock issuer in the United States.