1. CEX Popular Cryptocurrencies
CEX Top 10 Trading Volume and 24-Hour Price Changes:
BTC: -0.24%
ETH: +3.65%
SOL: +1.33%
XRP: +0.56%
BNB: +1.57%
NXPC: +6.05%
Doge: +0.96%
Sui: +5.16%
Pepe: +1.24%
ADA: +0.04%
24-Hour Gainers List (Data Source: OKX):
TRB: +54.47%
CETUS: +27.4%
WCT: +26.33%
AIXBT: +18.44%
MAJOR: +18%
SNT: +17.24%
ANIME: +14.08%
PHA: +13.65%
KAITO: +12.34%
ETHFI: +11.99%
2. Top 5 On-Chain Meme (Data Source: GMGN):
B 2
KOGE
B
PORT 3
FHE
3. 24-Hour Hot Search Cryptocurrencies
WCT: WCT is the official token of WalletConnect, aiming to connect wallets, applications, and users, driving user experience innovation. WCT reached a historical high on May 27, with its price touching $0.97, which may be related to WalletConnect's recent expansion to the Solana network and airdrop to active Solana users.
TRB: TRB is the official token of Tellor, a decentralized oracle on Ethereum focused on bringing price data on-chain for DeFi protocols. TRB saw a significant increase on May 27, rising by over 54%.
Headline News
Circle Has Applied for NYSE Listing with the Code "CRCL"
Stablecoin giant Circle has submitted an IPO application to the New York Stock Exchange with the stock code "CRCL". The company will issue 24 million Class A shares, of which 9.6 million will be issued by the company and 14.4 million from existing shareholders, with an expected price range of $24 to $26 per share. Circle, the issuer of USDC, is further approaching the traditional financial market with this listing. (CoinDesk)
Market News: Trump Media Tech Group Announces Approximately $2.5 Billion Bitcoin Treasury Plan
Trump Media Tech Group has announced that it has reached a subscription agreement with approximately 50 institutional investors for a private placement totaling around $2.5 billion.
This issuance includes approximately $1.5 billion in common stock and $1 billion in 0.00% convertible senior secured notes, with the proceeds intended to create a Bitcoin treasury.
The company will use Crypto.com and Anchorage Digital to custody its Bitcoin funds, with the issuance expected to be completed around May 29, 2025.
(Translation continues in the same manner for the rest of the text)People * Voice
Michael Saylor, Executive Chairman of Strategy, stated during the Bitcoin 2025 Las Vegas Conference that institutional publication of Proof-of-Reserves is not a good idea and may actually undermine asset security.
He pointed out: "The currently prevalent method of reserve proof is insecure and will dilute the security of issuers, custodians, exchanges, and even investors." Saylor emphasized that publicly revealing wallet addresses could bring long-term tracking risks and provide no actual benefit to institutions.
When asked whether Strategy would publish a reserve proof, Saylor refused to answer directly, only responding: "This is a bad idea," and added that "without simultaneously disclosing liabilities audited by the Big Four accounting firms, standalone reserve information is meaningless."
Multiple personal identity details of Solana co-founder and Solana Labs President Raj Gokal were published on the official Instagram page of the American rap group Migos on the evening of May 27, apparently due to the account being hacked.
With over 13 million followers, the attackers posted 7 consecutive images, including selfies of Gokal with his passport and driver's license, some pictures featuring what appears to be his wife's identification documents. Additionally, screenshots containing privacy information such as phone numbers were shared, with hackers encouraging users to "harass" Gokal and leaving a message suggesting "you should have paid those 40 BTC", seemingly implying an attempted extortion.
Devin Nunes, CEO of Trump Media & Technology Group (DJT), announced that the company will treat cryptocurrency as a key component of its assets and view it as the "highest tool of financial freedom". He stated that the company's first acquisition of a "crown jewel asset" - Bitcoin - aims to defend against potential harassment and discrimination from financial institutions, while creating synergies for subscription payments, utility tokens, and other planned transactions for Truth Social and Truth+ platforms. Nunes emphasized that this is an important step in the company's development as a holding company and acquiring more profitable "crown jewel assets" that align with "America First" principles.
