1. The probability of the Federal Reserve keeping interest rates unchanged in June is 91.4%
According to CME's 'Fed Watch': The probability of the Federal Reserve keeping interest rates unchanged in June is 91.4%, and the probability of a 25 basis point rate cut is 8.6%. The probability of the Federal Reserve keeping interest rates unchanged in July is 66.9%, with a cumulative probability of a 25 basis point rate cut at 30.8% and a cumulative probability of a 50 basis point rate cut at 2.3%. - Original text
2. Tornado Cash defense accuses prosecutors of misleading the court
Odaily Planet Daily reports that the defense attorney for Tornado Cash co-founder Roman Storm accused U.S. federal prosecutors of misleading the court regarding the legal applicability of non-custodial cryptocurrency mixers, claiming that the prosecution did not disclose key communications with the Financial Crimes Enforcement Network (FinCEN), which could undermine the government's core accusations against Tornado Cash as an unlicensed money transmission business. Roman Storm's defense cited details disclosed in the case related to Samourai Wallet developers, emphasizing that FinCEN had stated that Samourai Wallet might not meet the definition of a money service business due to its non-custodial nature. Given that Tornado Cash is also a non-custodial protocol, the defense argues that this stance is equally applicable. Currently, Roman Storm's legal team has requested the court to require the government to disclose all communications with FinCEN and provide materials related to the Samourai Wallet case, with the trial expected to begin on July 14. - Original text
3. Whale James Wynn has an unrealized profit of $20.41 million on long positions
Determined BTC bull James Wynn (@JamesWynnReal) has accumulated an unrealized profit of $20.41 million on Hyperliquid long positions. - BTC 40x long: Position value $393 million, opening price $103,083, liquidation price $95,551, unrealized profit $3.15 million - kPEPE 40x long: Position value $44.97 million, opening price $0.00766, liquidation price $0.0035556, unrealized profit $19.03 million - XPR 40x long: Position value $41.82 million, opening price $2.49, liquidation price $0.55, unrealized loss $1.77 million - Original text
4. The hacker who stole the SEC account to publish false information has been sentenced
The U.S. Department of Justice stated that a judge has sentenced a man from Alabama to 14 months in prison and 3 years of supervised release for his involvement in the January 2024 hack of the SEC X account, which was used to send a tweet that caused the Bitcoin price to briefly spike by over $1,000. Foresight News previously reported that on January 10, 2024, the SEC's official X account was hacked, and the impersonator released false information about Bitcoin ETF approval. - Original text
5. Michael Saylor hints at buying more Bitcoin
6. A whale deposits 700 BTC into Binance
A certain whale deposited 700 BTC into Binance, worth $72.72 million. This whale holds a total of 4,500 BTC, valued at $467.49 million. - Original text
7. Pyth tokens will unlock next week, valued at $340 million
Next week, two crypto projects will unlock tokens, releasing a total value of approximately $420 million. On May 19, Pyth will unlock approximately 2.12 billion tokens (about $340 million), accounting for 21.25% of the total supply; on May 21, FTN will unlock approximately 20 million tokens (about $87.8 million), accounting for 2.0% of the total supply. - Original text
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