Daily Must-Read Crypto News

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"Master the latest information in the cryptocurrency world, gain insights into market trends"
Summary of the latest cryptocurrency news on 2025/5/31

1. Bitcoin mining difficulty increased by 4.38% to 126.98 T, setting a new historical high.

2. The probability of the Federal Reserve maintaining interest rates unchanged in June is 97.8%.

3. SEC Commissioner Hester Peirce: Meme coins like TRUMP are not protected by SEC regulation, and investors must bear their own risks.

4. Trump announced an increase in import tariffs on steel to 50% starting June 4.

5. Lunar Digital Assets announced the launch of the L2 network LitVM, introducing smart contracts for Litecoin.

6. FTX has initiated the second round of over $5 billion in repayments, with eligible creditors expected to receive funds within 1 to 3 business days.

7. A whale transferred 2 trillion PEPE tokens to Binance, approximately worth $24.82 million.

8. James Wynn used $3.25 million yesterday to long BTC and PEPE, and after multiple liquidations and stop-losses, only $800,000 remains.

9. In the past 24 hours, the entire network experienced liquidations of $944 million, primarily from long positions.

10. Musk will become an advisor to President Trump of the United States.

11. Whale James Wynn faced further liquidations, with a loss of $9.36 million today.

12. Trump is currently not considering re-imposing a 145% tariff on Chinese products.

13. Trump Media Group completed $2.44 billion in financing and will use $2.32 billion to establish a Bitcoin reserve.

14. The final value of the U.S. one-year inflation rate expectation for May is 6.6%, with an expectation of 7.1%.

15. Traders are still betting that the Federal Reserve will cut interest rates in September.

16. The Hong Kong "Stablecoin Regulation" officially became law today, with the Monetary Authority reminding that licenses have not yet been issued.

17. Jupiter collaborates with the Kazakhstan Stock Exchange AIX to promote dual listings.

18. Binance: Airdropping 133 ASRR tokens to users holding at least 207 Alpha points.

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