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The DWS and Galaxy-backed firm targets June debut for its SEKAU stablecoin as Europe pushes to build regulated local-currency alternatives to U.S. dollar tokens.
**[Bitfinex Bitcoin Long Positions Reach 2.5-Year High]** According to a report by CoinDesk, Bitcoin margin long positions on Bitfinex have risen to 80,600 BTC, marking a new high since December 2023 and a 2.5-year peak. Despite Bitcoin's 13% decline this year and a consecutive five-day drop from May 15 to May 19, leveraged traders have recently increased their long positions by approximately 1.5%. Data shows that Bitfinex margin longs have cumulatively risen about 10% since the beginning of the year, while Bitcoin's price has fallen from above $80,000 to around $76,000. It is currently testing a key resistance level near $78,000, with the 200-day moving average positioned above $81,000.
According to the PRO main order list, the total transaction data of BTC and ETH main players in the past 24 hours is as follows: BTC: Accumulated transaction volume of 1.457 billion US dollars, of which 847 million US dollars were bought and 610 million US dollars were sold, with a transaction difference of 237 million US dollars ETH: Accumulated transaction volume of 706 million US dollars, of which 365 million US dollars were bought and 341 million US dollars were sold, with a transaction difference of 24.1983 million US dollars The latest data shows that the main players still have a layout in key price points: the net pending difference of BTC is 1.181 billion US dollars; The net spread of ETH pending orders is 1.066 billion US dollars. The main pending orders may withdraw or close at any time, and non PRO versions of the K-line cannot see its changes in real time. The PRO 'Main Large Order Tracking' indicator monitors every large pending order in real-time, helping you determine if this' wall 'is still there. Note: If the difference between pending orders is positive, it indicates that the main force is placing more limit orders than sell orders on the currency, and there are active takeover orders below the current price; If it is negative, the opposite is true, as there is a reserve of selling pressure above. The data is for reference only and does not constitute any investment advice.
Analyst Murphy (@ Murphychen888) stated in an article that URPD data divided by wallet size shows a significant differentiation in cost distribution between whales and retail investors. The cost of holding over 100000 bitcoins for Super Whales is concentrated in the range of $80000 to $85000, with a small amount distributed around $70000 and $40000, and overall they are in a loss making state. The range of 65000 to 120000 US dollars mainly consists of holdings of 1 to 10000 wallets, with a relatively low proportion of retail investors; The range of 20000 to 60000 US dollars is mainly composed of 0.1 to 10 individual investors; For amounts below $20000, the majority are large wallet whales. Analysis indicates that large investors in this cycle have been trapped at high levels, and their subsequent decisions may affect the depth of the bear market, while most retail chips in the $20000 to $60000 range have entered a long-term holding state.
[Zama Acquires TokenOps to Advance Fully Homomorphic Encryption in Token Management] According to The Block, privacy computing company Zama has acquired enterprise-grade token management platform TokenOps, with plans to apply Fully Homomorphic Encryption (FHE) to processes such as token allocation, vesting schedules, and identity management. TokenOps has handled over $2 billion (approximately 2 billion) in distribution operations, supporting confidential token operations based on the ERC-7984 standard. The solution has already been implemented in KAIO's production environment, with partners including BlackRock, Hamilton Lane, and Brevan Howard. TokenOps will continue to operate as an independent brand.
[Timothy Massad: The U.S. May Introduce a Government-Backed Digital Dollar] According to CoinDesk, former CFTC Chairman Timothy Massad stated that despite President Trump’s previous opposition to CBDCs and government-backed dollar stablecoins, the global trend of financial tokenization could drive the U.S. to launch an on-chain digital dollar initiative. He mentioned that the White House is studying the relevant infrastructure, and the U.S. is already participating in the BIS Project Agora. Federal Reserve payment operations chief Mark Gould noted that the digital dollar is currently not within the Federal Reserve's scope of responsibilities, but if introduced, it would be managed by the Federal Reserve.