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According to on-chain analyst Onchain Lens (@OnchainLens), there is a significant divergence between bulls and bears in the current HYPE market. The whale address Loracle.hl (@loraclexyz) holds a 5x short position in HYPE with an unrealized loss of over 7 million dollars, while simultaneously opening a new 1 million dollar 3x long position in LIT, and continues to add to the position.

According to Bits.media, the Central Bank of Russia aims to prohibit Russian citizens from trading on cryptocurrency exchanges that comply with international sanctions. Ekaterina Lozgacheva, head of the Central Bank's Strategic Development Department, stated that the Central Bank plans to ban Russians from trading on foreign cryptocurrency exchanges that adhere to international sanctions. Russians can only trade cryptocurrencies on foreign platforms through Russian brokers, provided that these foreign platforms do not comply with international sanctions.The country's central bank will establish its own standards for foreign platforms that Russian brokers and investors can use. Lozgacheva noted that even trading cryptocurrencies abroad through Russian intermediaries is subject to foreign regulation, posing additional risks. The annual purchase limit for non-professional investors is set at 300,000 rubles, and they can only access the most liquid cryptocurrency assets through domestic brokers. A test must be completed before trading, and qualified investors are not subject to the limit but must also undergo testing. Relevant restrictions will be included in the second reading version of the draft "Digital Currency and Digital Rights Law," with key provisions expected to take effect on July 1.

According to Gate market data, the Nikkei 225 index fell by 2.00% during the day; the South Korean KOSPI index touched down at 7100 points, with a daily drop of 2.37%.

According to Coinglass data, if ETH breaks through $2,215, the cumulative short liquidation intensity on mainstream CEX will reach $1.192 billion. Conversely, if ETH falls below $2,015, the cumulative long liquidation intensity on mainstream CEX will reach $966 million.

According to Coinglass data, if BTC breaks through $80,390, the cumulative short liquidation intensity on mainstream CEX will reach $1.266 billion. Conversely, if BTC falls below $73,190, the cumulative long liquidation intensity on mainstream CEX will reach $1.187 billion.

According to The Block, the Commodity Futures Trading Commission (CFTC) and the Department of Justice jointly filed a lawsuit against Minnesota Governor Tim Walz and related officials on Tuesday local time, because the state signed the SF 4760 bill, becoming the first in the nation to explicitly and comprehensively ban prediction markets, which will take effect on August 1, 2026.The CFTC argues that prediction markets fall under federally regulated derivatives and "swap" products, and that state governments do not have the authority to criminalize or prohibit them, requesting the court to issue a permanent injunction against the law.

According to Jinshi Data, informed sources revealed that SpaceX is expected to advance the acquisition of the artificial intelligence coding startup Cursor 30 days after its company begins the IPO.

According to CoinDesk, K33 Research stated in a report that this round of the Bitcoin bear market is different, as exceptionally pessimistic traders have limited the downside. Bitcoin traders remain in a defensive stance, reducing the risk of a leveraged-driven collapse. Research director Vetle Lunde pointed out that the current slow bottoming process has not replicated the rapid reversals seen after bear market rebounds in previous cycles, and derivative data instead points to extreme pessimism.The 30-day average funding rate for Bitcoin has been negative for 81 consecutive days, nearing the longest historical record. The annualized basis for CME Bitcoin futures has dropped below 2.5%, which is an extremely cautious level. However, Bitcoin derivative open interest remains high, and further price weakness could trigger volatility. K33 maintains its fundamental judgment, believing that Bitcoin falling to $60,000 in February could be the largest pullback of this round.

According to SoSoValue data, the total net inflow of the XRP spot ETF in a single day is $1.4765 million. Yesterday, only the Franklin XRP ETF (XRPZ) had a net inflow, with a single-day net inflow of $1.4765 million, bringing the historical total net inflow to $381 million.As of the time of writing, the total net asset value of the XRP spot ETF is $1.125 billion, with an XRP net asset ratio of 1.34%, and the historical cumulative net inflow has reached $1.388 billion.

According to OnchainLens monitoring, the Anchorage associated wallet address has withdrawn 121,099 HYPE from Bybit again, worth approximately 5.87 million dollars. In the past month, this address has accumulated the purchase and withdrawal of 2.34 million HYPE, with a total value of about 112 million dollars, which has now all been used for staking.

According to Jinshi News, Huatai Securities' research report states that it will be difficult for the Federal Reserve to lower interest rates again in the second half of this year, and there may be a necessity for rate hikes next year. Huatai Securities' baseline assumption is that the Federal Reserve will keep the policy interest rate unchanged this year, but the guidance will lean hawkish. The neutral forecast for next year is two rate hikes, which is higher than market expectations, mainly based on a relatively optimistic assumption of nominal growth, but still faces uncertainties such as the fundamentals of the U.S. economy, geopolitical changes, and global growth.

On Tuesday local time, U.S. President Trump signed an executive order requiring the federal government and the Federal Reserve to review the existing regulatory framework to promote deeper integration of digital assets and financial technology into traditional financial services and payment systems. The executive order mandates U.S. financial regulators to review current rules within the next three months and identify any "unreasonable barriers" to cooperation between fintech companies and federally regulated financial institutions. Within six months, regulators must also take measures to encourage financial innovation. Among other things, the order specifically requires the Federal Reserve to reassess the eligibility of uninsured deposit institutions and non-bank financial companies for payment accounts and payment services.The document also requests the 12 regional Federal Reserve Banks to study whether they can independently open payment accounts to relevant institutions without relying on the approval of the Federal Reserve Board. Analysts believe this policy may benefit special purpose deposit institutions in Wyoming and similar structures for cryptocurrency companies. Previously, Kraken's Wyoming SPDI had obtained a limited version of "master account" authority from the Kansas Federal Reserve, and other cryptocurrency institutions are also seeking similar qualifications. Reports indicate that the Federal Reserve is currently also studying a more formal "streamlined master account" mechanism and had announced related proposals last December.

According to Onchain Lens monitoring, the U.S. government sent 319 ETH (approximately $673,000) and $933,774 worth of USDT, DAI, and USDC from the seized funds of FTX Alameda to Coinbase.

According to Jinshi reports, Federal Reserve Chairman Powell stated that if economic growth exceeds potential levels or if other inflation risks arise, a moderate interest rate hike could be considered.

According to Jinshi reports, Federal Reserve Chairman Powell stated that the current policy interest rate is appropriate and continues to exert downward pressure on inflation.

According to Jin Shi reports, ECB Governing Council member Kocher stated that if the situation of the Iran war does not improve, an interest rate hike is expected in June.

According to Jinshi News, the dollar index, which measures the dollar against six major currencies, rose by 0.14% on May 19, closing at 99.326 in the foreign exchange market. 1 euro exchanged for 1.1604 dollars, down from 1.1637 dollars the previous trading day; 1 pound exchanged for 1.3397 dollars, down from 1.3411 dollars the previous trading day; 1 dollar exchanged for 159.06 yen, up from 159.01 yen the previous trading day; 1 dollar exchanged for 0.7892 Swiss francs, up from 0.7856 Swiss francs the previous trading day; 1 dollar exchanged for 1.375 Canadian dollars, up from 1.3749 Canadian dollars the previous trading day; 1 dollar exchanged for 9.4055 Swedish kronor, down from 9.4093 Swedish kronor the previous trading day.

According to Coinglass data, if ETH breaks through $2,215, the cumulative short liquidation intensity on mainstream CEX will reach $1.191 billion. Conversely, if ETH falls below $2,006, the cumulative long liquidation intensity on mainstream CEX will reach $998 million.

According to Coinglass data, if BTC breaks through $80,348, the cumulative short liquidation intensity on mainstream CEX will reach $1.357 billion. Conversely, if BTC falls below $73,148, the cumulative long liquidation intensity on mainstream CEX will reach $1.189 billion.

According to Bloomberg, Moment is a fintech company founded by former Citadel Securities quantitative traders and researchers. After signing partners such as Edward Jones, LPL Financial, and Hightower Advisors over the past year, the company completed a $78 million funding round, led by Index Ventures, with existing investors Andreessen Horowitz and Avra also participating. Moment primarily helps financial institutions automate fixed income and equity trading technology. The company's previous funding round was in July last year, when it raised $36 million.