ChainCatcher news, Sygnum Bank pointed out in its latest market outlook analysis that the circulating supply of Bitcoin has decreased by about 30% over the past 18 months, leading to a significant decline in market liquidity. Analysts indicate that with the increase in ETF inflows and the rising interest of governments in Bitcoin reserves, the market may face a "demand shock," where the number of buyers far exceeds the available supply of coins.Additionally, the turmoil in the U.S. Treasury market and the weakening of the dollar have enhanced Bitcoin's appeal as a safe-haven asset, further driving demand for it. These factors combined may trigger upward volatility in Bitcoin prices in the coming months.

ChainCatcher message, the Sui ecosystem liquidity platform Cetus officially announced that the Cetus liquidity aggregator is back online. The Cetus CLMM routing is temporarily closed and will be opened later. A full restart of Cetus is coming soon.According to previous reports, on May 31, Cetus announced plans to complete a full recovery and restart in about a week, which includes protocol upgrades, data recovery, restarting the upgraded CLMM contracts, and fully restoring all paused product features (including LP functionality), etc.

ChainCatcher news, according to Decrypt, cryptocurrency experts warned during a private lunch at the Bitcoin 2025 conference in Las Vegas that advancements in quantum computing technology pose an increasingly urgent threat to Bitcoin. Experts stated that powerful quantum computers could potentially crack Bitcoin private keys within the next few years, putting approximately $42 billion worth of Bitcoin at risk and possibly triggering a market "liquidation event."Google's latest research found that the quantum resources required to break RSA encryption are 20 times less than previously estimated, further exacerbating concerns. Casa co-founder Jameson Lopp emphasized, "The Bitcoin community needs to reach a consensus on finding ways to mitigate the threat before this truly becomes a survival crisis." Various solutions have already been proposed, including the introduction of quantum-resistant encrypted addresses and limiting the number of transactions to vulnerable addresses.

ChainCatcher news, BCP Technologies is a cryptocurrency company registered in the UK, which claims to launch a pound-pegged stablecoin Tokenised GBP (tGBP) within the UK regulatory framework. Each tGBP token is backed 1:1 by reserves held in independent accounts of UK-regulated financial institutions and can be redeemed for pounds at any time.

ChainCatcher news, according to CoinDesk, the current price of XRP is about $2.20, with open interest surging to nearly $5 billion, indicating a high level of speculative sentiment in the market. Bitget analysts point out that XRP is currently in a narrow trading range, and if a catalyst occurs, it could trigger a rapid rise and lead to short covering. However, if market sentiment weakens, high leverage could also trigger large-scale liquidations.

ChainCatcher news, the Sui ecosystem decentralized trading platform Bluefin tweeted that it will launch the Sui native aggregator Bluefin7K, which will provide users with optimal trading rates and liquidity by integrating multiple DEXs and Bluefin's RFQ (Request for Quote) engine.Currently, Bluefin is collaborating with 7K Smart Trading to bring the 7K aggregator into the Bluefin ecosystem, rebranding it as Bluefin7K. In addition, Bluefin and 7K will maintain independent operations in the future.

ChainCatcher news, according to Ember monitoring, the whale James Wynn has deleted the "begging" tweet he made public yesterday after his long position turned profitable today. Currently, he has raised about $60,000, and his long position has made a profit of over $400,000.

ChainCatcher news, according to cryptoslate, 2008 Nobel Prize winner in Economics Paul Krugman stated in a blog post that "stablecoins have no obvious useful function" and believes their only economic rationale is "to facilitate criminal activities," such as money laundering and extortion. He compared stablecoin issuers to 19th-century "pre-war banks," describing them as a new type of "shadow banking" that could evade regulation and pose risks similar to the 2008 financial crisis.Coin Metrics co-founder Nic Carter responded on social media, stating that Krugman's view on stablecoins is "extremely wrong," and pointed out that over 100 million stablecoin users worldwide prove their practical use. Bitwise Asset Management President Paul Fusaro also supported Carter's viewpoint.

ChainCatcher message, the ETH price dropped to $2500 in a short period but then rebounded. The trading volume significantly increased around midnight, especially in the last hour, with over 48,000 ETH traded in two minutes, causing the price to fall below the support range of $2515-2520.On-chain data shows that approximately 385,000 ETH flowed into centralized exchanges like Binance, raising market speculation about potential sell-offs by institutional investors. Currently, the ETH price is oscillating in the $2500 range, which is seen as a key psychological and technical support level. Additionally, the global trade tensions and the risk of U.S. tariffs have intensified the market's risk-averse sentiment, causing the digital asset market to begin fluctuating in sync with traditional markets.

ChainCatcher news, according to Cointelegraph, ETH/BTC is forming multiple bullish technical patterns, and analysts believe this could trigger a new round of "altcoin season" in 2025.On the technical front, the ETH/BTC ratio is simultaneously showing a cup and handle pattern and a bullish flag pattern. The cup and handle pattern indicates a potential breakout above the 0.02596 BTC neckline, with a technical target near 0.03814 BTC, suggesting a possible increase of 55% by July. Meanwhile, the bullish flag pattern suggests a potential breakout to 0.03235 BTC, about 30% higher than the current level. Analyst Trader Tardigrade stated that a breakout in ETH/BTC could trigger the altcoin season in 2025.Data presented by analyst Sensei shows that the altcoin market cap relative to Bitcoin is retesting a long-term ascending support trendline. Historically, every rebound from this level has signaled a massive surge in altcoins, with one instance leading to a 9,000% increase and another triggering a 180,000% market cap explosion.Analyst Moustache also pointed out that altcoins are breaking out of a seven-year descending wedge, a pattern that appeared before significant rallies in 2017 and 2020, suggesting that a new altcoin season may be on the horizon.

ChainCatcher news, according to CoinDesk, the cryptocurrency market experienced a significant decline this weekend, with Dogecoin dropping over 8%, PEPE down 12%, and Bitcoin's price falling more than 2%, trading slightly above $103,600. ETH fell nearly 4%, while Ripple (XRP), BNB Chain (BNB), ADA, and SOL all dropped 2-5%.Analysts believe that this economic downturn is related to the renewed escalation of trade tensions, and market volatility is expected to persist. The derivatives market also indicates that investors' cautious sentiment is increasing; according to Deribit data, the open interest in Bitcoin futures has risen by 51% since April, while options contracts have surged by 126%.

ChainCatcher news, according to CoinDesk, the U.S. International Trade Court ruled on May 29 that key tariff measures implemented during the Trump administration were illegal, leading to significant fluctuations in the U.S. Treasury market. The 30-year Treasury yield broke above 5%, while the 10-year yield rose to 4.50%, an increase of 10 basis points from the previous two days. The court found that the president overstepped his authority by using economic emergency powers to impose broad trade tariffs, but this ruling does not affect tariffs on specific industries such as steel. The U.S. government stated that it would appeal.Amid ongoing tensions in U.S.-China relations, the U.S. has recently taken measures to restrict chip technology exports and tighten student visa regulations for Chinese nationals. The U.S. Dollar Index (DXY) rose from 98 to 100, while Bitcoin ($108,282) and gold prices remained stable.

ChainCatcher message, SlowMist's Chief Information Security Officer 23pds tweeted that the Cork Protocol was attacked resulting in a loss of 12 million dollars. The SlowMist security team conducted a preliminary analysis of the attack reasons: it is suspected that the exchange rate can be externally controlled, leading to a price manipulation vulnerability.

ChainCatcher news, according to Cointelegraph, analysis indicates that the price of Ethereum (ETH) has broken through the middle line of the Gaussian channel (around $2,600), a technical indicator that has historically signaled significant upward trends.Analysis shows that ETH could target $4,100, potentially triggering a widespread "altcoin season." After the last two breaks above this level, the market capitalization of altcoins increased by 1,400% (in 2020) and 200% (in 2023), respectively. If Bitcoin's dominance declines again after the halving, analysts expect the market capitalization of altcoins could rise to $15 trillion.However, risks should be noted, as approximately $12.3 billion of ETH holders have a cost basis in the $2,300-$2,500 range, and a price pullback could trigger selling pressure.

ChainCatcher news, or influenced by the "Musk retweet" green octopus concept tweet, Shoggoth briefly surged over 115%, with a market cap rising to 13 million dollars.

ChainCatcher news, according to Cointelegraph, the price of SOL surged 86% from April 7 to May 26, following the overall rise of the altcoin market, while Bitcoin reached a historic high of over $111,000.The TVL of the Solana network grew by more than 54% from a multi-month low of $6.12 billion on April 7, reaching $9.44 billion on May 26, with an increase of nearly 20% in the past 30 days. According to DefiLlama data, the growth in TVL was mainly driven by Raydium, which increased by 52% in a month. Other major decentralized applications such as Jupiter DEX, Jito liquid staking, and Kamino lending grew by 12%, 25%, and 11%, respectively. Although the Solana token ranks fifth by market capitalization, its network TVL ranks second among top Layer-1 blockchains, only behind Ethereum.Since January, the price trend of SOL has been showing a V-shaped pattern on the weekly chart, which refers to a bullish pattern formed when the asset price experiences a significant drop followed by a substantial rise. The V-shaped recovery is completed when the price rises to the resistance level at the top of the V-shaped pattern (also known as the neckline). SOL appears to be in a similar trend, with the current trading price below the supply and demand range between $180 and $200. Breaking through this range will increase the likelihood of the price rising to the $252 neckline and completing the V-shaped pattern.In addition, the next target will be to break through the historical high of $295, which is a 66% increase from the current price.