Scan to download
BTC $70,643.48 -3.93%
ETH $1,959.82 -2.26%
BNB $674.96 -6.20%
XRP $1.28 -3.55%
SOL $79.27 -2.99%
TRX $0.3461 -0.67%
DOGE $0.0978 -1.77%
ADA $0.2262 -3.04%
BCH $285.98 -4.41%
LINK $8.86 -2.21%
HYPE $70.78 +3.39%
AAVE $78.63 -3.46%
SUI $0.8582 -2.10%
XLM $0.2506 +1.88%
ZEC $530.16 -3.44%
BTC $70,643.48 -3.93%
ETH $1,959.82 -2.26%
BNB $674.96 -6.20%
XRP $1.28 -3.55%
SOL $79.27 -2.99%
TRX $0.3461 -0.67%
DOGE $0.0978 -1.77%
ADA $0.2262 -3.04%
BCH $285.98 -4.41%
LINK $8.86 -2.21%
HYPE $70.78 +3.39%
AAVE $78.63 -3.46%
SUI $0.8582 -2.10%
XLM $0.2506 +1.88%
ZEC $530.16 -3.44%

test

The cryptocurrency market is at a critical juncture, with Bitcoin testing the $75,000 support, diverging from the trends of the US stock market

The cryptocurrency market was at a critical juncture on Wednesday. After failing to break through $78,000 on Tuesday, Bitcoin's price has fallen below the $76,000 "bear market boundary" defined by Tom Lee, now approaching the support level of $75,000. Ethereum also retreated after reaching $2,150 on Tuesday, falling towards the $2,000 support, and then rebounding around $2,050. AI concept tokens RENDER, FET, and NEAR have given back most of their gains from Tuesday.Market performance diverges significantly from U.S. stocks. The S&P 500 and Nasdaq 100 index futures both hit all-time highs, rising about 0.3%. In the derivatives market, cryptocurrency futures trading volume surged 54% to $201 billion within 24 hours, with liquidation volume skyrocketing by 87%, but this mainly reflects the market's restart after the U.S. holiday. Bitcoin open interest climbed to 740,000, with a negative cumulative trading volume difference over 24 hours, indicating that traders are actively shorting through market orders. Ethereum's open interest reached a historic high of 15.57 million, but the trading volume difference is also negative, suggesting that traders are shorting contracts to bet on deeper declines after the critical technical support trendline was breached. The 30-day implied volatility index for Bitcoin rebounded from a year-to-date low, rising nearly 3% to 37.35%, indicating that the market is beginning to seek protection against potential price declines.

Bitmine's latest holdings reached 5.39 million ETH, accounting for 4.47% of the supply, with total assets of $12.3 billion. Metaplanet issued 8 billion yen in bonds on April 24 to continue increasing its BTC holdings, maintaining a total of 40,177 coins

According to BBX data, yesterday (May 26), the largest publicly traded company holding Ethereum announced the latest SEC filing, with Strive's weekly increase of 1,109 coins maintaining a steady pace, and the SATA financing flywheel continuing to operate. The core dynamics are as follows:Bitmine Immersion Technologies, Inc. (NYSE: $BMNR) submitted Form 8-K to the SEC on May 26, disclosing that as of that date, the company's ETH holdings reached 5.39 million coins (accounting for 4.47% of the total ETH circulation, with a target of 5%, currently completed 89%), with a total of approximately $12.3 billion in combined crypto assets, cash, and strategic equity investments; among which 4,712,917 ETH has been staked (valued at approximately $10.1 billion at $2,134 per coin), with a 7-day staking annualized yield of 2.75%, and an estimated annualized income of approximately $276 million based on full staking; the company's self-operated validation node platform MAVAN has also opened staking services to external institutions. Chairman Tom Lee pointed out in a statement that if the ETH closing price in May is above $2,100, it will be the first time there has been a positive monthly close for three consecutive months, "which has never happened in a crypto bear market." The average daily trading volume of $BMNR over the past 5 days is approximately $572 million, making it the 193rd most actively traded stock in the U.S.Strive, Inc. (NASDAQ: ASST) disclosed in its 8-K on May 26 the asset changes from May 18-22: BTC holdings increased from 15,391 coins to 16,500 coins (a net increase of 1,109 coins), cash increased from $87.3M to $93.3M (+$6M), and STRC holdings increased from $49.8M to $50.1M; during the same period, Class A common stock increased by approximately 2.23 million shares (conversion of SATA preferred stock), and the total amount of SATA preferred stock increased by approximately 515,000 shares. Strive uses the issuance of SATA preferred stock as its main financing tool, continuing the systematic accumulation of BTC; the BTC yield from 2026 to date is approximately 18.4% (as of May 19).

BSC releases a report on quantum-resistant cryptography migration: transaction signatures have switched to ML-DSA-44, TPS testing has decreased by about 40%-50%

On May 14, BNB Chain released the "BSC Post-Quantum Cryptography Migration Report," stating that it has completed the migration testing for quantum-resistant cryptography for transaction signatures and the consensus layer, using the NIST standardized post-quantum signature algorithm ML-DSA-44 (Dilithium) and the pqSTARK aggregation scheme.The report shows that BSC has replaced transaction signatures from ECDSA to ML-DSA-44 and switched consensus voting aggregation from BLS12-381 to pqSTARK to address the potential threats posed by future quantum computing to the existing elliptic curve cryptography system. However, post-quantum signatures also significantly increase the on-chain data volume: the size of a single transaction has increased from about 110 bytes to approximately 2.5KB; the block size in a 2000 TPS scenario has increased from about 130KB to around 2MB; and the TPS in the testing environment has decreased by about 40%-50%.BSC stated that the current network bottleneck mainly comes from the larger transaction data propagation, rather than the consensus protocol itself. Meanwhile, the consensus layer aggregation still maintains high efficiency, with pqSTARK achieving a signature compression ratio of about 43:1, and the additional burden on validators remains within a controllable range. The report concludes that existing technology can achieve "quantum-resistant" deployment for blockchain, but future issues related to network bandwidth and data scalability still need to be addressed.
app_icon
ChainCatcher Building the Web3 world with innovations.