Today
2025/05/21

The German government sold nearly 50,000 Bitcoins last year, missing out on a profit of $2.46 billion.

According to Gate News bot, data analysis platform Lookonchain shows that the German government sold 49,858 Bitcoins from June 19 to July 12, 2024, at an average price of $57,600, totaling $2.87 billion. Based on the current Bitcoin price, this batch of Bitcoins is now worth $5.33 billion, which is $2.46 billion less than the actual selling price. Source: Wu said
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One arrow, six stars! The successful launch of the Lijian-1 remote seven carrier rocket.

Jin10 Data May 21 News, on May 21 at 12:05, the Lijian-1 Yao-7 launch vehicle successfully lifted off from the Dongfeng Commercial Space Innovation Test Area, carrying a total of 6 satellites: the Taijing-3 04 satellite, Taijing-4 02A satellite, Xingrui-11 satellite, Xingjiyuan-1 satellite, Cube 108001 satellite, and Xiguang-1 02 satellite into their designated orbits, marking a successful flight test mission. This mission is the 7th flight of the Lijian-1 launch vehicle.
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Analyst: The market has not shown signs of overheating, and Bitcoin is expected to reach a new historical high.

CryptoQuant analyst Axel Adler Jr. pointed out that if the 30-day SMA of the UTXO profit and loss ratio exceeds 200, it may indicate that the market is approaching an overheated stage. The current indicator is 99, which does not yet show signs of market overheating. If it continues to break through 200, it will signal a new round of frenzy. The market may hit new highs, but stronger momentum or severe fluctuations are needed to push the profit and loss ratio to rise. The compression period may become key to pushing the indicator above 200, entering the overheated stage.
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Internet celebrity investigated by the FBI and SEC for promoting HAWK meme coin.

According to a message from the Gate News bot and a report by Cointelegraph, the influencer "Hawk Tuah Girl" Haliey Welch revealed on a podcast that she is under investigation by the FBI and SEC for promoting the HAWK meme coin, with FBI investigators previously visiting her grandmother's house to ask questions. HAWK coin plummeted 90% in value after its issuance in December 2023, being identified as a scam exit. Welch provided his phone to the FBI and SEC during the investigation, ultimately proving his innocence. Welch admitted that she lacked knowledge about cryptocurrencies and stated that she had trusted the wrong person. The promotional video posted on her X account was actually controlled by others; she only received marketing fees and did not profit from the token transactions.
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Data: The cumulative net inflow of the US Bitcoin Spot ETF has reached a new historical high, surpassing 42.7 billion dollars.

According to ChainCatcher news and Farside Investors data, the cumulative net inflow of Bitcoin Spot ETF in the United States has exceeded $42.746 billion, setting a new historical record.
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Boxcat(BOXCAT) will be launched on Gate and open a HODLer Airdrop, GT holders can share 285,000 BOXCAT.

Gate News bot message, according to the Gate announcement on May 21, 2025: Gate will launch the Boxcat( BOXCAT) token for the first time and start a limited-time HODLer Airdrop event. The event will airdrop 285,714 BOXCAT tokens to users holding GT. BOXCAT is a GameFi-supported P2E project with over 600,000 monthly active users. This token is issued based on the BEP20 standard, with a total supply of 1 billion. The airdrop event will end on May 23, 2025, at 18:00(UTC+8), and the BOXCAT/USDT trading pair will open for trading on the same day at 22:00(UTC+8). Gate Labs stated that it did not participate in the investment of Boxcat(BOXCAT). Users can visit the project's official website https://boxcatai.com/ for more information.
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The German government sold 49,858 Bitcoins from June 19 to July 12, 2024, incurring a loss of $2.46 billion in profits.

Golden Finance reports that the German government sold 49,858 Bitcoins (worth $2.87 billion) between June 19 and July 12, 2024, at an average price of $57,600. Now, the value of these 49,858 Bitcoins has reached $5.33 billion, meaning the German government missed out on a profit of $2.46 billion.
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Dunan Environment: The liquid cooling unit business applied to the energy storage industry has successfully obtained orders from multiple leading clients.

Jin10 reported on May 21 that Dunan Environment stated on the interactive platform that the company's valve components, heat exchangers, and assembly products have been successfully applied in the temperature control field of data centers. The company's liquid cooling unit business applied in the energy storage industry has made good progress, successfully securing orders from several leading clients, and some clients have entered the sample verification or small batch supply stage.
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Ethereum Spot ETF has seen a net inflow for 3 consecutive days, with BlackRock ETF receiving an inflow of 45.04 million USD in a single day.

According to the Gate News bot, data from SoSoValue shows that on May 20 (Eastern Time), the total net inflow of Ethereum Spot ETF was $64.889 million, maintaining a net inflow status for three consecutive days. Among them, Blackrock's ETF ETHA ranked first with a single-day net inflow of 45.0437 million USD. Data statistics show that the total net asset value of Ethereum Spot ETFs has reached 8.702 billion USD, with an ETF net asset ratio (market value as a percentage of the total market value of Ethereum) of 2.87%, and a historical cumulative net inflow of 2.590 billion USD. Source: Wu Says
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Yesterday, the net inflow of Ethereum Spot ETF in the United States was 64.8 million USD, marking three consecutive days of net inflow.

BlockBeats news, on May 21, according to Farside monitoring data, the net inflow of Ethereum Spot ETF in the United States yesterday was 64.8 million USD, marking a net inflow for three consecutive trading days.
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Wuhan police cracked a virtual coin "coin-cutting" fraud case and recovered 200,000 yuan in losses.

According to the Gate News bot, Wu reported that the police in Qingshan District, Wuhan successfully solved a virtual coin trading fraud case. On April 11, the victim, Mr. Liu, conducted an offline virtual coin transaction with suspects Ye and Li in Qingshan District. During the transaction, after Mr. Liu completed the transfer, the suspects claimed they had not received the payment and refused to pay 200,000 RMB. The police confirmed through technical analysis that the virtual coin had been credited. In the face of the police investigation, the suspect attempted to use legal and virtual coin-related knowledge to resist, but ultimately confessed when the police presented solid evidence. This case ultimately recovered all losses for the victim, Mr. Liu.
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The current price of Bitcoin is approaching the "Hyperliquid 50x Insider Whale" shorting enter a position cost price.

The price of Bitcoin is close to the insider Whale shorting cost price, $107,192, James Wynn is engaging in counter trading with the insider Whale on the Hyperliquid exchange.
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London fake Uber driver steals $123,000 in Crypto Assets from tourists

According to Gate News bot, as reported by Decrypt, American tourist Jacob Irwin-Cline encountered a crypto assets theft case in London's West End. In the early hours of May 9, when Jacob was leaving The Roxy nightclub in Soho, he was intercepted by a fake Uber driver. The driver drugged Jacob with a substance in a cigarette, causing him to lose consciousness, and then obtained his phone password to directly access his Revolut account. Criminals stole $72,000 worth of XRP, $50,000 in bitcoin, and other small Crypto Assets, totaling over $123,000 in losses. Police investigations confirmed that this is a new case of "wrench attack" targeting Crypto Assets holders in Europe. Currently, the police have not arrested any suspects.
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Wen Acquisition Corp completed a $300 million IPO and is listed on NASDAQ, planning to expand its stablecoin business.

Golden Finance reports that Wen Acquisition Corp has announced the completion of its initial public offering (IPO) of 30,015,000 shares, raising approximately $300 million. The company's shares have begun trading on the Nasdaq Global Market under the ticker symbol "WENNU." Wen Acquisition Corp stated that its focus will be on mergers, acquisitions, share exchanges, and asset acquisitions of fintech companies, integrating blockchain networks into the TradFi system to empower digital assets (such as stablecoins).
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Whale of the old brand UNI takes action again after three years, builds a position of 660,000 pieces to start a new swing trading.

PANews, May 21 - According to Ai Yi's tracking, since the launch of UNI in 2020, a veteran trader has cumulatively profited $21.54 million through two rounds of swing trading, initially holding for 8 months and selling at a high of $42. After three years, the whale has once again purchased 662,605 UNI this morning, with an average build price of $5.99, totaling approximately $3.97 million, starting its third round of swing trading.
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South Korean presidential candidate Lee Jae-myung proposed the issuance of a stablecoin based on the won.

BlockBeats news, on May 21, South Korean presidential candidate Lee Jae-myung proposed the issuance of a stablecoin based on the Korean won. (Jin10)
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The majority of the crypto market zones are falling, while SocialFi and BTC are performing strongly.

The crypto market has shown a slight fall in most zones within 24 hours, with only SocialFi and BTC rising. BTC remains above $106,000, ETH holds at $2,500, the AI zone has a slight decline, and KAI has the largest rise. The NFT zone and Meme zone have fallen, but SUPER, NFT, and TRUMP have seen increases. The Decentralized Finance zone has overall fallen, with only CAKE experiencing a rise.
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Exploring multiple Blockchain ecosystems with a multi-concurrent proposer mechanism to enhance network censorship resistance.

According to Gate News bot, @0xRainandCoffee published an article introducing the Multi-Concurrent Proposer (MCP) mechanism. This mechanism supports multiple proposers to simultaneously propose sub-blocks and merge them to enhance the censorship resistance of the blockchain network. The MCP mechanism has gained attention in major Blockchain ecosystems: Ethereum plans to reduce reliance on MEV-Boost through MCP; Solana is advancing the implementation of MCP with Application Specific Sorting (ASS), and the Alpenglow upgrade plan further optimizes validator costs; Cosmos explores MCP using the BFT model and secure broadcast protocol; Sei separates data availability and sorting functions based on Autobahn design; Delta adopts concurrent sorters to achieve application specific sorting. Current MCP implementation faces technical challenges such as sorting competition, invalid transaction processing, increased hardware requirements, and finality synchronization.
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The virtuals new project AXR's market capitalization has surpassed 20 million USD.

Odaily News On-chain data shows that the Virtuals IPO project AXR has a market capitalization exceeding 20 million USD, currently reported at 22 million USD. According to previous news, the Virtuals new project AXR has reached 7004 participation addresses, raising nearly 25 times the amount.
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Australia's Monochrome Spot Bitcoin ETF Holdings rose to 498 BTC

According to a report from Golden Finance, as per official news, the Monochrome Spot Bitcoin Exchange-Traded Fund (IBTC) in Australia has seen its holdings rise to 498 BTC as of May 20, with the market capitalization of the holdings reaching approximately $81.7486 million.
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Morgan Stanley: Expects US 10-year Treasury yield to be 3.45% in Q2 next year.

Jin10 reports that Morgan Stanley expects the yield on the U.S. 10-year Treasury bonds to be 3.45% in the second quarter of next year.
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Morgan Stanley: The Singapore stock market may offer a good defensive exposure.

Jin10 Data, May 21 - Morgan Stanley's research team stated in a report that Singapore stocks remain their preferred defensive exposure. The valuation of the country's stock market is attractive, with a forward P/E ratio of 14.3 times and a dividend yield of up to 4%. Capital market reform measures will further drive the pump of the stock market. Morgan Stanley believes that financial stocks are the best investment objects in the market. New measures supporting the Singapore stock market include injecting Liquidity, which could bring surprises to the market. Morgan Stanley reiterated its constructive view on the Singapore stock market.
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The USD/JPY has fallen below 144.

Jin10 reported on May 21 that the USD/JPY has fallen below 144 for the first time since May 8, with a daily decline of 0.34%.
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A certain Whale opened 2 long positions on Hyperliquid, with unrealized profits of 22.75 million dollars.

Golden Finance reported that a certain Whale opened 2 long positions on Hyperliquid, using BTC (40x leverage) and PEPE (10x leverage) respectively. Currently, the unrealized profits of these two long positions are approximately $11.65 million and $11.10 million. His 40x BTC long position will be liquidated at $100,360.
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Cookie DAO has launched version 1.0 Alpha and introduced a content points rewards mechanism.

Odaily News Cookie DAO announced on the X platform that the platform v1.0 Alpha version is now live, and simultaneously launched the Cookie Snaps feature, allowing users to earn rewards by publishing high-quality encryption content on the X platform. In addition, version 1.0 Alpha will cover all encryption tracks, showcasing the X platform attention leaderboard for all projects, based on Cookie Deep.
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USDC Treasury burned 60 million USDC on the Ethereum blockchain.

According to the Gate News bot, data from the on-chain monitoring platform Whale Alert shows that USDC Treasury executed a burn transaction on the Ethereum blockchain network at 10:07 AM Beijing time on October 7, destroying a total of 60 million USDC stablecoins. Source: Wu Says.
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Jen-Hsun Huang: DeepSeek has increased the demand for artificial intelligence computing by 100 to 1000 times.

PANews, May 21st news, Nvidia CEO Jen-Hsun Huang: DeepSeek has increased the demand for artificial intelligence computing by 100 to 1000 times.
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Bitcoin mining company Cipher Mining plans to issue convertible preferred notes to raise $150 million.

Nasdaq-listed Bitcoin mining company Cipher Mining plans to issue $150 million of convertible preferred notes to complete the construction of its data center project. At the same time, it will underwrite the issuance of common stock through Morgan Stanley to allow some note purchasers to engage in Hedging Transactions. This indicates that Cipher Mining is actively expanding its business scale and attracting investment.
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Mitsubishi UFJ: The Indonesian Central Bank may cut rates by 25 basis points.

Jin10 data May 21 news, Mitsubishi UFJ stated that the Indonesian Central Bank may lower its policy Interest Rate by 25 basis points to 5.50% today. Recently, the strengthening of the Indonesian rupiah against the US dollar should provide room for a return to policy easing. The bank may also mention the necessity of supporting the rise. Indonesia's economic growth rate slowed down in the first quarter, with the actual GDP year-on-year growth rate dropping from 5.02% in the fourth quarter of 2024 to 4.87%. Inflation in Indonesia has also been well controlled, with the core inflation rate stabilizing at 2.5% year-on-year in April.
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Xinhua Commentary: Online platforms charge fees in a "mystery box" style, where "small money" becomes a big deal.

The overtime billing issues encountered during shared OCN rides are troubling consumers, and there are various unsatisfactory deduction "traps" on the network platform. Consumers often choose not to complain due to the small amounts involved or the hassle, leading to a negative consumption experience. Paying attention to details and treating consumers sincerely is an important issue that network platforms should prioritize; only by establishing a trustworthy, secure, and comfortable consumption environment can they win consumers' long-term trust.
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TRUMP Official: The Trump Dinner and the Bitcoin Pizza Day are on the same day, worth pondering.

Golden Finance reports that the official X account of the Meme coin TRUMP stated that the Trump dinner will take place on Thursday local time, which is also Bitcoin Pizza Day, a coincidence that is worth pondering.
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The demand in the enterprise market has slowed in Q1, with the global NAND market size decreasing by 25% quarter-on-quarter.

Jin10 data reported on May 21, after several consecutive quarters of high rise, the procurement demand for enterprise SSDs in the first quarter showed a month-on-month decrease due to the delay of some data center projects. The stalling of enterprise SSDs as a key growth engine has broken the pattern of "server demand hedging against weak consumer end," resulting in a very weak overall demand for NAND Flash in Q1, with a clear oversupply in the market. In the first quarter, the global NAND Flash market size reached $13.01 billion, decreasing by 25.3% month-on-month and 14.2% year-on-year.
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Dubai 2049 Conference Summary: Stablecoins Become the Cornerstone of the Digital Economy, AI Development Draws Attention

Gate News bot message, at the Dubai 2049 conference, stablecoins have established their position as the infrastructure of the digital economy and occupy an important place in the Web3 ecosystem. The conference showed a cautious attitude toward discussions on artificial intelligence technology, indicating a gap between market expectations and the actual level of technological development. The conference also focused on the node sales business related to physical devices. Participants discussed topics such as strategic market entry plans, liquidity flow analysis, the building of exchange partnerships, and user-friendly token model design.
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Metaplanet CEO: The company's stock has been heavily shorted, but this strategy may not succeed.

Simon Gerovich, CEO of Metaplanet, believes that the company's stock may be the most shorted among Japanese listed companies, but pointed out that shorting Bitcoin is not a successful strategy. So far, Metaplanet has shown strong performance in Bitcoin holdings, holding 7,800 Bitcoins worth $833 million.
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Strive plans to acquire 75,000 Bitcoins in the Mt. Gox bankruptcy claims.

According to Gate News bot, as reported by Cointelegraph, Strive, founded by Vivek Ramaswamy, is advancing a significant acquisition plan. The company plans to acquire 75,000 Bitcoins from the bankruptcy claims related to Mt. Gox, with a total value of approximately $8 billion. Strive has reached a cooperation agreement with 117 Castell Advisory Group on May 20 and submitted relevant regulatory documents. As Mt. Gox is expected to complete its repayment to creditors before October 31, this transaction still requires shareholder approval to proceed. The goal of this acquisition is to acquire Bitcoin at a discounted price and increase the Bitcoin holding per share.
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Yesterday, FBTC had a net inflow of 23.3 million USD, and FETH had a net inflow of 19.8 million USD.

BlockBeats news, on May 21, according to monitoring by farside, yesterday FBTC had a net inflow of 23.3 million USD, and FETH had a net inflow of 19.8 million USD.
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Metaplanet is the most shorted stock in Japan, but its rise exceeded 100% within a month.

Odaily News According to Metaplanet CEO Simon Gerovich on the X platform, Metaplanet is the most shorted stock in Japan. According to market data, Metaplanet has risen above 780 yen today, rising 14.6% today, with an increase of over 100% in one month.
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Two major BTC Whales traders engage in a counter-trading battle on Hyperliquid by going long and short.

Famous trader James Wynn increased his BTC long order to 7,764 coins on the Hyperliquid platform, worth approximately $830 million; another trader "50x Insider Brother" opened a 40x leverage short order, shorting 826 BTC.
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