Key Previews for Next Week
May 26
Binance Alpha will launch Huma Finance (HUMA) airdrop on May 26;
May 27
Bitcoin 2025 Conference will be held from May 27 to 29 in Las Vegas;
May 28
US Vice President Vance will deliver a speech at the "Bitcoin 2025" conference;
Sophon: TGE on May 28, 57% of tokens belong to the community, with 9% used for airdrop;
May 30
FTX will begin distributing over $5 billion to creditors according to the bankruptcy plan on May 30;
June 1
Trump: Suggests imposing a 50% tariff directly on the EU starting from June 1;
Federal Reserve Dynamics
Monday at 2:40, Federal Reserve Chairman Powell will deliver a commencement address at Princeton University.
Tuesday at 16:00, 2026 FOMC voter and Minneapolis Fed President Kashkari will participate in a policy panel discussion at the Bank of Japan Financial Research Institute.
Wednesday at 8:00, FOMC permanent voter and New York Fed President Williams will participate in a panel discussion at the Bank of Japan Financial Research Institute.
Wednesday at 16:00, 2026 FOMC voter and Minneapolis Fed President Kashkari will participate in a dialogue and Q&A event at Keio University.
Thursday at 2:00, the Federal Reserve will publish the minutes of the May monetary policy meeting.
Thursday at 20:30, 2027 FOMC voter and Richmond Fed President Barkin will participate in a fireside chat.
Thursday at 22:40, 2025 FOMC voter and Chicago Fed President Goolsbee will participate in a Q&A.
Friday at 4:00, 2027 FOMC voter and San Francisco Fed President Daly will participate in an economics-related fireside chat with the Oakland Rotary Club.
Friday at 8:25, 2026 FOMC voter and Dallas Fed President Logan will deliver opening remarks and participate in a dialogue for an event.
Here are more industry events worth noting from May 26 to June 1.
May 26
Binance Alpha will launch Huma Finance (HUMA) airdrop
According to the official announcement, Binance Alpha will list Huma Finance (HUMA), with the trading opening date set for May 26, with specific timing to be announced later. Eligible users need to claim the airdrop using Binance Alpha points on the Alpha event page, which will go live on May 26.
SEC opens public comment period for Canary Funds Litecoin ETF, with comments due by May 26
The U.S. Securities and Exchange Commission (SEC) has opened a public comment period for the Canary Funds Litecoin ETF, primarily focusing on whether the ETF proposal meets regulatory requirements to prevent fraud and market manipulation. The public comment submission deadline is May 26, 2025, with the deadline for counter-arguments set for June 9, 2025.
According to a summary by @ralexstokes, the 157th Ethereum Consensus Layer Core Developers Meeting (ACDC) has been held, with the following key developments:
The Pectra upgrade has been successfully completed, with core developer Trent compiling technical feedback from different teams, and "Pectra Pages" remains open for more community input. Pari is conducting an analysis report on blob data increase.
Fusaka direction: peerdas-devnet-7 has been stable, and client teams are focusing on BPO support, aiming to launch fusaka-devnet-0 on May 26, covering PeerDAS, BPO, and MODEXP Gas cost improvements, among other EIPs.
Validator custody-related specifications are being discussed asynchronously on Discord.
The ACD meeting structure is proposed to be reorganized: Tim suggested focusing ACDT on the current fork (N), and ACDE/C on the next fork (N+1), hoping to enable broader community participation in proposal drafting earlier and establish a tracking mechanism for EIP proposals to mainnet. The new proposed structure will lock in main functions by early July, with other minor EIPs to be integrated subsequently.
May 27
Bitcoin 2025 Conference to be held from May 27 to 29 in Las Vegas
Bitcoin Magazine announced on X that the Bitcoin 2025 Conference will be held from May 27 to 29 in Las Vegas, with early bird ticket sales ending on August 2.
May 28
US Vice President Vance to speak at "Bitcoin 2025" conference
US Vice President Vance will deliver a speech at the "Bitcoin 2025" conference in Las Vegas on May 28.
Sophon: TGE on May 28, 57% of tokens belong to the community, with 9% for airdrop
Modular blockchain Sophon announced on X platform that the SOPH token will officially launch on May 28. The token economics model includes:
57% of tokens belong to the Sophon community
25% of tokens belong to core contributors (4-year vesting period)
18% of tokens belong to seed investors (3-year vesting period)
Of the 57% of tokens allocated to the community, 20% is for node rewards, 26% for ecosystem reserves, 9% for SOPH airdrop, and 2% for L2 Farm users.
Additionally, the SOPH token claim check website is now live. OKX exchange users can pre-register to have their allocated funds (+ 5% SOPH bonus) directly transferred to their OKX exchange account during TGE.
May 29
None
May 30
FTX to begin distributing over $5 billion to creditors on May 30 according to bankruptcy plan
Bankrupt crypto exchange FTX Trading Ltd. will launch the second phase of its Chapter 11 reorganization plan on May 30, 2025, distributing over $5 billion to creditors. The FTX bankruptcy management team announced on Thursday that eligible convenience and non-convenience creditors will receive their funds within one to three working days from Bitgo or Kraken from that date. Although the bankruptcy management team has enabled customers to "break even" due to successful investments in startups like Anthropic and tokens like Solana, they still face criticism from some former customers. However, many crypto traders believe these distributed funds could be bullish for token prices if traders choose to reinvest. (The Block)
Treasure Chain to close on May 30, users need to withdraw assets in advance
Odaily Planet News: According to the official announcement, Treasure Chain will close on May 30, 2025. Asset holders must redeem all ETH, MAGIC, SMOL, and Non-Fungible Token holdings before the end of May.
May 31
None
June 1
Trump: Suggests Imposing 50% Tariffs on EU Directly from June 1
Odaily Planet News: US President Trump stated on social media that the main purpose of the EU's establishment is to take advantage of the US in trade, but the EU is difficult to deal with. Their strong trade barriers, value-added tax, ridiculous company penalties, non-monetary trade barriers, currency manipulation, and unfair and unreasonable lawsuits against US companies have led to a US trade deficit of over $2.5 billion annually, which is completely unacceptable. Our discussions with them have made no progress. Therefore, I suggest imposing a 50% tariff directly on the EU starting from June 1, 2025. If products are manufactured or produced in the US, no tariffs will be imposed.
EU Trade and Economic Security Commissioner Shevchovich responded that the EU will fully participate and is committed to reaching an agreement beneficial to both sides. Trade between the EU and the US is incomparable and must be guided by mutual respect, not threats.
Crypto Market Maker Wintermute to Establish US Headquarters in New York
Odaily Planet News: Crypto market maker Wintermute announced that it will open its first US headquarters in Lower Manhattan, New York on June 1, and appoint Ron Hammond, a policy veteran, as Head of Policy and Advocacy. This comes at a time when the Trump administration is taking a supportive stance towards the crypto industry, including appointing crypto-friendly regulatory heads. (TheBlock)
FTX Creditors Must Submit KYC Verification by June 1, 2025
Odaily Planet News: Cointelegraph posted on X that FTX creditors must now submit their KYC verification by the new deadline of June 1, 2025, otherwise their claims may be rejected.
Others (Specific Time Unconfirmed)
OKX to Delist Some Leveraged Trading Pairs and Perpetual Contracts from Late May
Odaily Planet News: According to the official announcement, to prevent market risks and provide users with a good trading experience, OKX will regularly delist some perpetual contracts and leveraged trading pairs. The specific delisting plan is as follows:
For perpetual contract trading, OKX will delist CRVUSD, THETAUSD, and MANAUSD perpetual contracts on May 26, 2025, at 16:00 (UTC+8). The funding rate during this period will be 0, and no funding fees or settlement fees will be charged for user position settlements. Considering potential market volatility before contract delisting, users can control risks by reducing actual leverage multiples or closing positions in advance.
For leveraged trading, OKX will delist the following leveraged trading pairs in batches from May 29 to June 2, 2025: NFT/USDT, RON/USDT, VELO/USDT, RSS3/USDT, MAJOR/USDT, LOOKS/USDT, GLMR/USDT, PERP/USDT, J/USDT, CAT/USDT, BAL/USDT. Simultaneously, OKX will suspend leveraged trading and current lending services for the related trading pairs and cancel leveraged trading market orders. Users need to repay borrowed coins before delisting, or the system will trigger forced repayment.
