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The US PCE inflation cools for the second month to 2.1% from 2.3% in the previous month. The monthly core PCE inflation, which excludes volatile and energy prices, comes in at 0.1%. It has increased from a flat reading last month. The US Fed is expected to keep interest rates unchanged at the upcoming FOMC meeting next month. Bitcoin recovers slightly after the PCE inflation data release. Analysts eye BTC to reclaim $107K for further rally.
Whale 0x3c9E deposited 502.5 billion Pepe Coin tokens worth $6.47 million to Binance, continuing the selloff since early May 9. Options expiry and US PCE inflation fears triggered a 12% drop in Pepe Coin price on Friday. U.S. President Donald Trump earlier shared an image on his Truth Social showing Pepe the Frog character at the back, but failed to trigger a further rally.
Analysts are warning of a potential Bitcoin correction in June, citing bearish divergence signals across key timeframes. However, rising institutional interest may offset historical parallels.
Arkham’s disclosure of Michael Saylor’s Bitcoin wallets has stirred fears of centralization and market instability, with experts warning of new systemic risks tied to revealing such vast holdings.
The SEC's recent clarification on certain Proof-of-Stake blockchain staking activities not being securities transactions could lead to greater crypto ETF innovation, though it has faced criticism from some regulators.
Bitcoin and Ethereum face a massive $11.4 billion options expiration today, sparking volatility as traders weigh bullish call interest against growing protective put demand.
- 03:03Global Cryptocurrency Security Incidents in May Result in $244.1 Million Loss, Down 39.29% Month-on-MonthAccording to a report by Jinse Finance, monitored by the on-chain security analysis agency PeckShield, approximately 20 major cryptocurrency security incidents occurred in May 2025, resulting in a total loss of $244.1 million, a decrease of 39.29% compared to the previous month. Among them, the Cetus protocol suffered a loss of $220 million, making it the largest incident of the month. Currently, the Cetus protocol and SUI have successfully frozen $157 million of the stolen funds, with the remaining $63 million still in the attacker's wallet. Other significant incidents include a $12 million attack on the Cork protocol, a suspected North Korea-related hacking incident causing a $5.2 million loss, and losses of $2.2 million and $1.2 million for MBU tokens and MaplestoryU, respectively.
- 02:23NFT Sales Drop 16.7% Over the Past Week, Ethereum Sales Increase by 30%According to a report by Jinse Finance, data from CryptoSlam shows that the NFT market experienced a significant decline over the past week, with sales dropping 16.76% to $105.7 million. Despite the overall market downturn, NFT buyers increased by 55.35% to 699,471, sellers grew by 19.22% to 242,898, and transaction volume surged 34.31% to 2,233,547. Ethereum NFT sales rose 28.43% to $36.5 million, solidifying its market position. Polygon maintained second place with $15 million in sales, despite a 25.88% decrease. Solana ranked sixth with $7.2 million, growing 17.78%. The number of buyers increased across most blockchains, with Polygon leading at 43.72% growth, followed by Solana at 37.39% and Bitcoin at 33.34%.
- 01:19Silk Road Founder Ross Ulbricht's Prison Items Auctioned for $1.8 Million in BitcoinAccording to a report by Jinse Finance, the auction of items belonging to Ross Ulbricht, the founder of the dark web trading platform "Silk Road," has raised approximately $1.8 million in Bitcoin. The auction items included artworks created by Ulbricht in prison, personal belongings, and a prison ID card. Among them, the prison ID card was sold for the highest bid of 11 BTC (approximately $1.1 million). Ulbricht stated that the auction is intended to open a new chapter in his life.