Master the latest news in the cryptocurrency world and gain insights into market trends! May 29, 2025 Latest Cryptocurrency News Summary 1. Whale James Wynn continues to reduce his position, lowering the liquidation price of a 40x leveraged BTC long to avoid forced liquidation.
2. In the past 24 hours, the total liquidation across the network reached $332 million, primarily from long positions.
3. Cryptocurrency card issuer Rain expands its stablecoin Visa card service to the Solana, Tron, and Stellar networks.
4. SOL Strategies increases its holdings by 26,478 SOL at an average price of $177.5.
5. The U.S. government may request the Supreme Court to maintain tariffs on Friday.
6. The Trump administration requests the appellate court to suspend the tariff ruling.
7. WLFI: USD1 is now live on Wintermute's OTC trading platform.
8. Kazakhstan will launch a pilot zone for cryptocurrency payments and applications.
9. A certain whale transferred all 722,416 LINK to Binance, worth approximately $11.11 million.
10. Federal Reserve's Goolsbee: If tariffs are avoided, there may be a return to a situation where interest rates can be lowered.
11. Santander Bank in Spain is brewing plans to enter the cryptocurrency sector and is developing preliminary stablecoin plans.
12. Bloomberg: Signs of a slowing U.S. economy strengthen market expectations for Fed interest rate cuts.
13. If Bitcoin falls below $105,000, the cumulative liquidation intensity of long positions on mainstream CEXs will reach $577 million.
14. The leader of the UK Reform Party emulates Trump by proposing a plan to make the UK a cryptocurrency hub.
15. The Ethereum Foundation has staked 50,000 RAIL on-chain.
16. Bloomberg: Telegram issues $1.7 billion in convertible bonds for debt restructuring financing.
17. A certain whale spent 2.2 million DAI to buy LDO at an average price of $0.96.
18. Cryptocurrency browser developer Donut Labs completes $7 million pre-seed funding, led by HackVC and others.
20. For the week ending May 24, the number of initial jobless claims in the U.S. is 240,000, expected to be 230,000, which is bullish!
21. Vaulta collaborates with Fosun Group to jointly promote blockchain infrastructure development in Hong Kong.
22. A certain whale transferred 100 WBTC to Binance, worth approximately $10.86 million.
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