Summary of news from last week (May 19–25, 2025)
1. The market is highly volatile due to trade tensions.
President Trump announces a 50% tariff on imported goods from the EU starting June 1, raising concerns in the market. Bitcoin dropped from a peak of $111,970 to about $108,000 within an hour, pulling down many altcoins.
2. Cryptocurrency-related criminal events.
John Woeltz, a crypto investor, is accused of kidnapping and torturing a man for his Bitcoin wallet password. The incident shocked the community and raised concerns about safety in the cryptocurrency space.
3. Major US banks consider issuing a common stablecoin.
JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo are discussing the development of a common stablecoin to compete with fintech companies and meet the demand for fast payments.
4. Governments of Asian countries tighten regulations on cryptocurrency.
China intensifies control over cryptocurrency promotional activities.
South Korea tightens KYC/AML regulations.
India calls for a clear legal framework for cryptocurrency.
🔮 This week's forecast and events (May 26–June 1, 2025)
May 26 (Monday):
GateToken (GT): Unlocking 5.42% of the supply (~$141.24 million) at 03:00 UTC.
Euler (EUL): Unlocking 0.63% of the supply (~$1.06 million) at 03:00 UTC.
Amnis Finance (AMI): Unlocking 28.83% of the supply (~$1.06 million) at 03:00 UTC.
May 27 (Tuesday):
Funtico (TICO): Unlocking 20.66% of the supply (~$3.20 million) at 03:00 UTC.
Axel (AXL): Unlocking 1.28% of the supply (~$4.34 million) at 08:00 UTC.
Yield Guild Games (YGG): Unlocking 1.69% of the supply (~$1.75 million) at 17:00 UTC.
May 28 (Wednesday):
Release of FOMC meeting minutes: The minutes of the Federal Open Market Committee (FOMC) meeting will be released, which may affect the sentiment in the financial and cryptocurrency markets.
Grass (GRASS): Unlocking 1.34% of the supply (~$7.70 million) at 03:00 UTC.
Maverick Protocol (MAV): Unlocking 2.92% of the supply (~$1.07 million) at 03:00 UTC.
Self Chain (SLF): Unlocking 8.66% of the supply (~$1.43 million) at 15:00 UTC.
Open Campus (EDU): Unlocking 5.16% of the supply (~$3.00 million) at 18:00 UTC.
May 29 (Thursday):
Release of potential US GDP: Data on potential US GDP will be released, which is an important indicator of the health of the economy.
May 30 (Friday):
Echelon Prime (PRIME): Unlocking 1.53% of the supply (~$2.91 million) at 03:00 UTC.
Kamino (KMNO): Unlocking 14.90% of the supply (~$15.03 million) at 03:00 UTC.
GUN (GUN): Unlocking 12.73% of the supply (~$3.58 million) at 03:00 UTC.
BSquared Network (B2): Unlocking 14.80% of the supply (~$3.90 million) at 03:00 UTC.
May 31 (Saturday):
Optimism (OP): Unlocking 1.88% of the supply (~$23.29 million) at 03:00 UTC.
SubLayer (ALT): Unlocking 6.84% of the supply (~$7.25 million) at 09:00 UTC.
June 1 (Sunday):
Ripple (XRP): Unlocking 1 billion tokens (~$2.3 billion).
Bonk (BONK): Unlocking 0.65% of the supply (~$9.87 million) at 03:00 UTC.
SCALE (SKL): Unlocking 3.40% of the supply (~$4.60 million) at 03:00 UTC.
Mythos (MYTH): Unlocking 2.21% of the supply (~$2.59 million) at 03:00 UTC.
Hooked Protocol (HOOK): Unlocking 3.58% of the supply (~$1.11 million) at 17:00 UTC.
