A trader traded PEW with only 3.2 ETH (US$12,300) and made a profit of US$1.72 million (including realized gains and floating gains) in just 4 days, a profit of 140 times.
He spent 3.2 ETH to buy 27.05 billion PEWs in 3 minutes after PEW opened, and then sold 8.05 billion PEWs at 83.5 ETH (US$315,000).
The trader currently holds 19 billion PEWs (US$1.42 million), of which 18 billion PEWs are evenly distributed to 15 addresses.

Trump changes his stance and posts on Truth Social to support cryptocurrency

Trump has publicly expressed his distrust of cryptocurrency and believes that the U.S. dollar should be the world's currency. But with the 2024 election approaching and after the launch of the NFT project named after him, Trump seems to have changed his mind about the crypto industry. In his post, he said that the United States must maintain its leading position in the field, and the Biden administration hopes that the crypto industry will "slowly die."

Trump's remarks come on the eve of his speech at the Libertarian National Convention on Saturday night, when he may try to persuade voters not to support third-party candidate Robert F. Kennedy Jr., who frequently expresses support for cryptocurrencies and opposition to regulation. Just a few days ago, the Trump campaign launched a tool that allows supporters to donate in cryptocurrencies such as Bitcoin and Ethereum.

A whale bought 8,733 ETH before the Ethereum spot ETF 19b-4 form was approved, and has made a floating profit of about $6 million

According to Lookonchain monitoring, before the Ethereum spot ETF news (the U.S. Securities and Exchange Commission approved the 19b-4 forms of multiple Ethereum spot ETFs) was released, a whale spent 26.67 million USDT to buy 8,733 ETH at an average price of $3,054.56, with an unrealized profit of about $6 million. #现货以太坊ETF获美SEC批准 $ETH

PEPE's market value surpasses LTC, and its cryptocurrency market value ranking rises to 22nd

According to CoinGecko data, PEPE's market value has risen to $6,517,938,046, surpassing LTC's market value of $6,362,370,434, and its cryptocurrency market value ranking has risen to 22nd. $PEPE

Bitcoin network transaction fees have fallen, with high priority temporarily reported at 9 Sat/byte
Mempool.space data shows that Bitcoin network transaction fees have fallen, with high priority temporarily reported at 9 Sat/byte.

Memeland announced that the MON staking platform will be launched immediately after the TGE on May 27

#Memeland announced that its Web3 game protocol MON Protocol has more than 60 partners, and another 50 partners are in negotiation. The MON staking platform will be launched immediately after the token generation event (TGE) on May 27, and MON stakers will receive tokens from MEME and other partners.

New York users can now trade BONK using the Coinbase App

Coinbase Assets officials said that New York residents can now trade Bonk (BONK) in the Coinbase iOS and Android applications. Coinbase customers can log in to buy, sell, convert, send, receive or store the asset. $BONK

BlockFi announced that the web platform will be closed on June 1

BlockFi officially stated that the web platform will be closed at 7:59 Beijing time on June 1, 2024. After that, customers will no longer be able to access the BlockFi platform.

#BlockFi All customers are advised to download their transaction history, tax forms and any other important data from the platform before the closing date. #

Biden's deadline for making a decision on the "Repeal SAB 121" resolution has been extended to June 3
Cody Carbone, chief policy officer of the cryptocurrency advocacy organization The Digital Chamber, said on the X platform: "We have received confirmation that the U.S. Congress did not send the resolution H.J Res 109 to repeal SAB 121 to Biden until last night. This changes the 10-day deadline. The US President currently has a time window until June 3 to decide whether to veto this resolution (10 days in total, excluding Sunday)."
Previously, the bill to overturn SAB 121 was voted on by the House of Representatives and the Senate on May 8 and May 17, respectively, and Biden will make a final decision on the bill before May 28.

According to Bloomberg, Blackstone CEO Steve Schwarzman said he will raise money for Trump's campaign to help the Republican candidate build a donor base to achieve the final victory.

It is reported that the billionaire private equity executive and heavyweight political donor has long been a major source of funds for the Republican Party, but he has remained silent for months on whether he will support Trump.

Steve Schwarzman said that he, like most Americans, is worried that the US economy, immigration and foreign policies are leading the country in the wrong direction. For these reasons, he plans to vote for change and support Donald Trump for president.

#Merlin According to official news, Merlin Chain announced that the AA wallet has been upgraded. The user's first transaction will be automatically synchronized with the new upgraded contract (at the same time, the gas fee will remain unchanged), and the gas fee for each future transaction will be significantly reduced by 80-90%.