GM20250605

1) Market Trends

BTC is declining, altcoins are generally falling. The market is likely to adjust primarily over the next month.

U.S. stocks are fluctuating, and gold is rising. U.S. economic data is weak, and Trump is urging for interest rate cuts. The market expects the Federal Reserve to cut rates twice this year.

2) Market Highlights:

1. Public chain ETH outperforms the market, founder Vitalik Buterin is buying back. Large institution BlackRock sells BTC and buys ETH.

2. New coin LA experiences wild fluctuations, contract prices on Gate.io deviate by multiple times leading to liquidations. Lagrange is a cross-chain zero-knowledge proof processing protocol, listed on Coinbase.

3. BN Alpha launches Resolv, Cudis, Fly. Resolv is a delta-neutral stablecoin protocol on the ETH chain. Cudis is a crypto wearable application on the SOL chain. Fly.trade is a rebranded trading aggregator, previously known as Magpie Protocol.