ChainCatcher news, according to SoSoValue data, the cryptocurrency market sector showed mixed performance today. Ethereum (ETH) was relatively strong, rising for two consecutive days, up 2.98% in the last 24 hours, breaking through $2700. Bitcoin (BTC) slightly corrected by 0.47%, but still fluctuated around $108,000. In addition, the SocialFi sector rose by 10.96%, with Mask Network (MASK), Toncoin (TON), and Status (SNT) increasing by 11.57%, 12.03%, and 16.62% respectively.In other sectors, the Layer2 sector rose by 1.80% in the last 24 hours, with Optimism (OP) and Arbitrum (ARB) increasing by 5.01% and 7.95% respectively; the DeFi sector rose by 0.92%, with Uniswap (UNI) up by 15.75%; the Meme sector rose by 0.13%, with SPX 6900 (SPX) increasing by 14.36%; the CeFi sector rose by 0.09%, while Hyperliquid (HYPE) continued to correct after hitting a new high, down 3.73% in the last 24 hours; the Layer1 sector fell by 0.12%; the PayFi sector fell by 0.72%.The cryptocurrency sector indices reflecting historical performance show that the ssiSocialFi, ssiDeFi, and ssiLayer2 indices rose by 11.90%, 2.44%, and 1.74% respectively in the last 24 hours.

According to CCTV News, on May 28 local time, the Federal Reserve released the minutes of the Federal Open Market Committee (FOMC) meeting held on May 6-7. The minutes indicate that the Federal Reserve agreed to maintain the target range for the federal funds rate at 4.25%-4.5%. Participants unanimously agreed that when considering the magnitude and timing of further adjustments to the federal funds rate target range, the committee would carefully assess subsequent data, the evolving outlook, and risk balance. The minutes state that in evaluating the appropriate monetary policy stance, the committee will continue to monitor the impact of future information on the economic outlook. If risks emerge that could hinder the committee's goals, they will be prepared to adjust the monetary policy stance as appropriate. Participants noted that their assessment would consider a wide range of information, including labor market conditions, inflation pressures and expectations, as well as developments in financial and international situations.The committee's assessment indicated that uncertainty regarding the economic outlook has further intensified, with rising risks of increased unemployment and inflation. Participants pointed out that if inflation persists while economic growth and employment prospects weaken, the committee may face difficult trade-offs. The ultimate adjustment of government policies and their impact on the economy are highly uncertain. Against this backdrop, all participants agreed that maintaining the federal funds rate target range at 4.25%-4.5% is appropriate. In considering the monetary policy outlook, participants unanimously agreed that given the robust economic growth and labor market, the committee is fully capable of waiting for a clearer outlook on inflation and economic activity. It is appropriate to adopt a cautious approach until the net economic effects of a series of government policy adjustments become clearer.Additionally, according to Jinshi News, the Federal Reserve minutes noted that the benchmark policy path implied by option prices (representing the mainstream market expectations) slightly shifted downward during this period, suggesting a potential rate cut of 1 to 2 times (25 basis points each) by the end of the year.

ChainCatcher news indicates that, according to SoSoValue data, the encrypted market is rebounding. Ethereum (ETH) has risen 3.79% in the last 24 hours, breaking through the $2600 mark, while Bitcoin (BTC) has increased by 0.35%, maintaining around $108,000. Additionally, the SUI ecosystem sector has seen a recovery, rising 6.61% in 24 hours, with SUI up 5.82%, and Haedal Protocol (HAEDAL) and Cetus Protocol (CETUS) rising 12.80% and 30.81%, respectively.Notable performing sectors include: the NFT sector, which rose 3.31% in 24 hours, with Apecoin (APE) and Animecoin (ANIME) increasing by 7.40% and 8.00%, respectively; the AI sector, which rose 3.12%, with KAITO and Virtuals Protocol (VIRTUAL) increasing by 11.62% and 13.95%. The SocialFi sector rose 2.79%, with Status (SNT) and Mask Network (MASK) increasing by 9.73% and 10.06%; the BSC ecosystem sector rose 2.11%, with PancakeSwap (CAKE) increasing by 13.64%.The indices reflecting the historical performance of the sectors show that the ssiNFT, ssiLayer1, and ssiSocialFi indices rose 3.57%, 2.90%, and 2.76% respectively in 24 hours.In other sectors, the DeFi sector rose 2.72%, the Layer1 sector rose 1.78%, the Layer2 sector rose 1.72%, and the CeFi sector rose 1.38%. However, Hyperliquid (HYPE) has seen a pullback for two consecutive days, dropping 3.62% in 24 hours, while the Meme sector rose 1.08%.

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 Sentora (formerly IntoTheBlock) monitoring, as the BTC price breaks through $110,000, setting a new historical high. The Bitcoin network transaction fees reached $6.43 million, an increase of 51.03%.

ChainCatcher message, according to SoSoValue data, the majority of the encrypted market sectors have risen. Ethereum (ETH) rebounded by 4.27% in 24 hours, breaking through $2500. Bitcoin (BTC) continued to rise slightly, climbing above $106,000. In addition, the DeFi sector rose by 2.34% in 24 hours, with Curve DAO (CRV) and Aave (AAVE) increasing by 6.75% and 17.19%, respectively. The RWA sector rose by 1.29%, with Maker (MKR) and Pendle (PENDLE) increasing by 4.21% and 7.51%, respectively.In other sectors, the CeFi sector rose by 0.80% in 24 hours, with Amp (AMP) increasing by 3.01%; the Layer1 sector rose by 0.71%, with Sui (SUI) increasing by 2.91%; the Meme sector rose by 0.66%, with FLOKI increasing by 5.78%; the Layer2 sector rose by 0.52%, with Optimism (OP) and Arbitrum (ARB) increasing by 3.55% and 4.07%, respectively; the PayFi sector rose by 0.09%.The cryptocurrency sector indices reflecting historical market trends show that the ssiDeFi, ssiLayer1, and ssiRWA indices rose by 3.92%, 2.57%, and 2.08% in 24 hours, respectively.

ChainCatcher message indicates that, according to SoSoValue data, the encrypted market has once again welcomed a broad rise after a continuous pullback. Bitcoin (BTC) has increased by 1.79% in the last 24 hours, breaking above $107,000 at its peak. However, Ethereum (ETH) rose initially and then fell, dropping below $2,500 after approaching $2,600, with a 24-hour decrease of 1.85%. Additionally, the Meme sector rose by 4.70%, with Pepe (PEPE), Fartcoin (FARTCOIN), and Mog Coin (MOG) increasing by 7.44%, 7.52%, and 8.56%, respectively.Meanwhile, MAG7.ssi rose by 1.76%, DEFI.ssi increased by 2.91%, and MEME.ssi went up by 4.86%.In other sectors, the NFT sector rose by 3.10%, with Apecoin (APE) and SuperVerse (SUPER) increasing by 7.77% and 8.11%, respectively; the AI sector rose by 2.91%, with KAITO and Virtuals Protocol (VIRTUAL) increasing by 8.85% and 16.19%, respectively; the DeFi sector rose by 1.48%, with Ethena (ENA) increasing by 5.18%; the Layer2 sector rose by 1.31%, the PayFi sector rose by 1.24%, and SafePal (SFP) increased by 8.74%; the Layer1 sector rose by 0.57%, and the CeFi sector rose by 0.41%.The cryptocurrency sector indices reflecting historical market trends show that the ssiNFT, ssiAI, and ssiGameFi indices rose by 4.61%, 2.43%, and 2.05% respectively in the last 24 hours.

ChainCatcher news, Sentora (formerly IntoTheBlock) stated that due to a significant increase in on-chain activity, the total fees on Ethereum rose by 160% this week.

ChainCatcher news, according to Jinshi Data, Credit Suisse analyst Ipek Ozkardeskaya stated that given the high concentration of global portfolios in U.S. companies, investors may need to increase their hedging against the risk of a weakening dollar. This could further depress the dollar's valuation in the medium term. In the past, investors were not eager to hedge against the risk of dollar depreciation because, during periods of increased market volatility, the dollar typically strengthened due to safe-haven inflows. However, the recent situation is different: despite rising market volatility, the dollar has continued to weaken. This increase in volatility itself has raised hedging costs, leading to an unusual negative correlation between the dollar and volatility. This situation is causing significant distress for investors.

ChainCatcher news, Matrixport released the Matrix on Target weekly report stating that the recent shift in Trump's focus towards investment and trade cooperation announcements has further boosted market optimism for the stock market and Bitcoin.FTX is expected to initiate the claims repayment process for accounts with claims exceeding $50,000 around May 30, distributing approximately $5 billion in stablecoins. The institution believes that part of this funding may flow back into the crypto market, resonating with the ongoing inflow of funds into Bitcoin spot exchange-traded funds (ETFs).In addition, the approximately $100 billion IPO plans of crypto companies and Coinbase's inclusion in the S&P 500 index, along with several positive factors, may support Bitcoin's high-level performance, with the trend expected to continue into the summer.

ChainCatcher news, according to Jinshi reports, Federal Reserve Vice Chairman Jefferson stated that the current moderately restrictive policy rate is well positioned to respond to changes in economic development.Tariffs may lead to rising inflation, and it remains uncertain whether the impact is temporary or persistent.

ChainCatcher news, according to the Binance Alpha platform, PUFFER reached $0.443, a short-term increase of 56.8%, currently quoted at $0.414.Previously reported, Binance Alpha launched PUFFER (PUFFER).

ChainCatcher news, spot gold has once again risen above the $3400/ounce mark, with an intraday increase of over 1%.

ChainCatcher News, Bank of Japan Governor Kazuo Ueda: Concern about the impact of rising prices on core inflation.

ChainCatcher message, Federal Reserve officials stated in the May policy statement that first-quarter GDP growth turned negative, but even so, the Federal Reserve's policy committee still believes the underlying economy is strong. They noted that the significant volatility in trade statistics was the main reason for the GDP contraction in the first quarter, as imports surged ahead of new tariffs. "Although the volatility in net exports affected the data, recent indicators suggest that economic activity continues to expand at a robust pace," the statement said. However, in the new language of this month's policy statement, officials also acknowledged that "the risks of rising unemployment and inflation have intensified."

ChainCatcher News, a national poll released by Japan's Asahi Shimbun on the 27th shows that over 70% of respondents do not believe "the U.S. will truly protect Japan in an emergency." This proportion has significantly increased compared to previous similar surveys.The poll indicates that when asked "Will the U.S. truly protect Japan in an emergency?", 77% of respondents answered negatively, while only 15% expressed belief. Asahi Shimbun pointed out that in previous similar surveys, the highest proportion of respondents who held a negative view on this issue was less than 60%, marking a significant rise in the current survey results.Additionally, regarding the question "Should Japan's diplomacy follow the intentions of the U.S.?", 68% of respondents advocated for Japan to achieve diplomatic autonomy as much as possible. The poll also revealed that 54% of respondents believe "the U.S. democratic system is no longer a viable model for other countries." Asahi Shimbun analyzed that the Trump administration's emphasis on "America First" has further exacerbated the Japanese society's distrust of the U.S.

ChainCatcher News, the Governor's Office of California announced that California has surpassed Japan to become the fourth largest economy in the world. According to data from the International Monetary Fund (IMF) and the U.S. Bureau of Economic Analysis, California's nominal Gross Domestic Product (GDP) reached $4.1 trillion, surpassing Japan's $4.02 trillion, ranking only behind the United States, China, and Germany. Meanwhile, California's economic growth rate has also outpaced the top three economies in the world; over the past four years, California's economy has continued to grow strongly, with an average annual growth rate of 7.5% in nominal GDP from 2021 to 2024.