1. Musk Is About to Leave His Unfulfilled Doge Dream
On May 29, Musk confirmed his resignation in an X post and thanked President Trump for "giving the opportunity to reduce wasteful spending". The White House "removed" Musk from his special government employee position on Wednesday night local time.Click to Read
2. A Quick Glance at 21 Golden Quotes from Bitcoin 2025 Conference
On May 29 US time, the Bitcoin 2025 Conference concluded successfully, with many industry leaders delivering important speeches. Jinse Finance has selected 21 golden quotes to help you relive the highlights of the Bitcoin 2025 Conference.Click to Read
3. Futures Whale James Wynn Finally Liquidates, Losing Everything and Unwilling to Gamble Again
With Bitcoin recently oscillating at high levels, James Wynn was like a monkey performing on a tightrope, repeatedly opening large positions and jumping between long and short sides. On May 29, when all his profits on Hyperliquid were wiped out, he still posted on X: "Is 80 million USD considered making someone rich? These days, 80 million USD can't even buy a super yacht. When trading billions of dollars with 40x leverage, these funds are just a normal fluctuation. You go your way, I'll go mine." The profits he lost were all his earnings from the past 70 days.Click to Read
4. The "Killer App" of Cryptocurrency Is the US Dollar
In Pantera's January 2024 blockchain investor letter, we discussed how cryptocurrency could be the "ironic answer to de-dollarization" (refer to Jinse Finance's previous report "Crypto's 'Killer App' Is Likely the Dollar Itself"). With the GENIUS Bill gaining bipartisan support in the Senate and the new government continuing to emphasize dollar-backed stablecoins, we believe blockchain is increasingly seen as a strategic tool to maintain the dollar's dominance.Click to Read
5. Michael Saylor: Bitcoin and the 21 Paths to Wealth
On May 29, 2025 US time, Strategy CEO Michael Saylor delivered a keynote speech "21 Ways to Wealth" at the Bitcoin 2025 Conference.Click to Read
