Crypto News & Market Updates

BlockBeats reported that on May 31, Trump posted on the Truth platform, "The results of my physical examination at Walter Reed Military Medical Center have just been released, and the results are very good." Unlike other presidents who have never taken any approved high-difficulty cognitive tests, I scored a perfect 30 and was considered to have an "extremely high IQ." In fact, this was my fourth time taking this kind of test, and I achieved perfect scores each time, answering all 120 of the 120 questions correctly! Very few people achieve a perfect score, especially after achieving this four times in a row, which is extremely rare. All candidates for president and vice president should be required to undergo a more challenging cognitive test."

BlockBeats reported that on May 31, Iran's Islamic Revolutionary Guard Corps (IRGC) announced through state media that earlier today (May 31), it shot down a U.S. MQ-1 drone over Iranian territorial waters and airspace. The reason was that the drone "intended to conduct hostile actions," was detected in time by air defense systems, and destroyed with missiles. (Fars News Agency)

BlockBeats reported on May 31 that in response to rumors that Binance might "add real US stock trading" on June 1, Backpack founder Armani Ferrante posted that Binance's move could change the entire brokerage business landscape: · (Equity) spot market 24/7 price discovery will be unlocked; · The new generation of crypto-native brokers will follow Binance for weekend price discovery (existing perpetual contracts also work, but the range of underlying assets is still too limited for retail brokerage products); · Crypto-native broker traders will face off directly with old-school TradFi brokers. As the first platforms to offer weekend spot trading, they will gain a significant advantage; · Web2 retail investors may enter the crypto space through these new brokers, and these capital flows will subsequently flow into the broader crypto and DeFi sectors.

BlockBeats reports that on May 31, Bitcoin and Ethereum are very likely to close with a bearish candlestick. As of press time, Bitcoin is down 2.81% for the month, while Ethereum is down 9.98%. Looking ahead to June, the crypto market remains far from optimistic. On one hand, the quadrennial World Cup will officially kick off on June 11, and an already fragile market will struggle to survive amid the tripartite split between US stocks, AI, and the World Cup. At that time, US stocks and Polymarket will become the main sources of market capital and attention. On the other hand, historical data shows the crypto market's average return in June was negative, with Bitcoin at -0.14% and Ethereum at -6.85%. In summary, it is difficult to predict that the crypto market during the bear market cycle will see a promising trend in June. Contrarian coins represented by HYPE, BNB, and ZEC may have local opportunities.

According to Bijie.com, well-known trader Loracle increased his TON long position by 109,512.20 in the HyperLiquid ecosystem, equivalent to approximately $182,560.17. The current open interest size is $1,182,658.18, with an average price of $1.83 to $1.84. The current P/L is +$6,996.67 (+2.96%), the current token price is $1.85, and the liquidation price is $0.

According to Bijie.com, OpenAI's Chief Revenue Officer Denise Dresser has been actively advancing enterprise-level commercial expansion since joining last December, taking over the partnership and advertising negotiation business previously managed by former COO Brad Lightcap. Competitor Anthropic completed a new round of financing on Thursday at a $900 billion valuation, surpassing OpenAI's $730 billion for the first time and intensifying the competition between the two large model giants in the enterprise market. Dresser is building a large "Salesforce and Slack Gang" within OpenAI, bringing in several senior sales and channel executives. OpenAI successfully streamlined its joint sales process with Databricks and signed key clients such as Hertz and KPMG. Financial forecasts indicate that OpenAI expects to increase the proportion of enterprise revenue from 40% to 50% by the end of 2026, while over 80% of Anthropic's revenue comes from enterprise customers. In an internal memo, Dresser criticized Anthropic's restriction on hash power purchases as a "strategic mistake" that led to a decline in product stability.

BlockBeats reported on May 31 that well-known trader Killa (@KillaXBT) posted yesterday stating that HYPE's current trend closely resembles BNB's previous rally structure, including chart structure and backtest features. Therefore, Killa expects HYPE to have lower buying opportunities in the $48–52 range. He plans to set buy orders based on the long term within this range, saying, "If the trend structure remains intact, the risk-reward ratio looks very attractive." As a quantitative trader focused on BTC, Killa predicted the peak of this bull market in May 2025 and has over 180,000 followers on the X platform.

According to Bijie.com, Microsoft plans to release multiple self-developed AI models at the annual Build Developer Conference in San Francisco next week to counter the market erosion of GitHub Copilot by competitors Cursor and Claude. The R&D team led by Microsoft AI CEO Mustafa Suleyman has not had a model topped the mainstream industry rankings in the past two years. This release will mark the team's first major test of their self-development capabilities. Microsoft has long relied on OpenAI's free license until 2032, as well as the paid Anthropic model to power GitHub Copilot and 365 Copilot. High external procurement costs have forced Microsoft to raise the prices of some GitHub Copilot packages and impose limits on the usage of Anthropic models. By distributing lower-cost self-developed models through the Azure cloud platform, Microsoft can offer developers an affordable alternative to Claude, reducing the daily operating costs of AI features in Office software. Self-developed large models will become Microsoft's key leverage to break free from high-priced suppliers and maintain core independence.

According to Bijie.com, OpenClaw released version v2026.5.28, focusing on reconstructing the elastic recovery mechanisms at Codex and agent runtimes, and launching a brand-new iOS developer Pro UI. In the new version, the sub-agent's operating path is strictly physically isolated from the workspace to prevent sandbox contamination. System-level hook context is limited to the prompt and automatically releases session locks when timeouts or proactive terminations occur, while retaining frame-level survival locks. To address underlying service crashes, the new version adjusts the fault-tolerant logic of Codex application servers, ensuring that auxiliary process failures do not drag down the shared runtime state and completely eliminates the event loop self-locking caused by residual historical restarts. The mobile and chat interface received a major update, with the iOS developer app completely redesigned, launching a brand-new Pro interface that integrates professional commands, agent management, real-time diagnostics, and global settings into one system. The new iOS app supports rendering remote canvases and adaptive interactive interfaces via WKWebView, and enables real-time two-way voice playback based on gateway sessions.