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Cryptocurrency payments firm MoonPay has recently launched its own dedicated app for ChatGPT, according to Decrypt. This allows ChatGPT users to purchase cryptocurrencies directly through chats within the chatbot.

Jihan Wu, founder of Bitmain and Bitdeer, stated on his X account that Bitcoin miners could become a ready buyer for the surplus electricity generated by Europe's oversupply of solar power. He explained that the cannibalization of solar power in Europe, where oversupply erodes profitability, has reached a serious level. This is because the pace of solar energy adoption is outstripping the grid's ability to adapt and ensure flexibility. Wu noted that while solutions like battery storage, grid expansion, and flexible demand response are essential, using the surplus power for Bitcoin mining and other computing needs should also be seriously considered. He concluded that a properly designed, flexible power demand could serve as the ultimate buyer for excess renewable energy.

According to data from Tokenomist, the major token unlocks scheduled for this week (May 25–31) are as follows: - HUMA: 458.75 million tokens ($11.64 million), representing 20.04% of circulating supply, at 1:00 p.m. UTC on May 26 - XPL: 88.89 million tokens ($7.24 million), representing 3.69% of circulating supply, at 12:00 p.m. UTC on May 25 - SAHARA: 132.93 million tokens ($4.56 million), representing 4.06% of circulating supply, at 12:00 p.m. UTC on May 26 - KMNO: 229.17 million tokens ($4.51 million), representing 3.16% of circulating supply, at 12:00 p.m. UTC on May 30 - GUN: 354.39 million tokens ($4.04 million), representing 14.53% of circulating supply, at 1:00 p.m. UTC on May 31 - OP: 31.34 million tokens ($3.94 million), representing 1.50% of circulating supply, at 12:00 p.m. UTC on May 31

Brian Armstrong, CEO of the largest U.S. cryptocurrency exchange Coinbase, outlined on X several key areas where the traditional financial system still requires upgrades: - Real-world asset (RWA) tokenization - 24/7 global trading - Next-generation payment systems using stablecoins - AI-based risk, credit, compliance, and advisory services - Innovation-friendly regulation - Expanded accessibility - Low-cost capital formation available to everyone - Sound money, defined as currency that cannot be arbitrarily printed by governments or central banks and preserves its long-term value Armstrong emphasized that there is still a long way to go before all these elements function properly within the financial system, adding that achieving this will require a tremendous level of technological innovation and policy effort.

European stablecoin issuer StablR has reportedly been exposed to a hack exceeding $10 million, according to Yusuf, a crypto influencer in the UAE, citing an analysis by blockchain security firm Blockaid. Yusuf explained that vulnerabilities were discovered in two smart contracts related to StablR, affecting its euro-pegged stablecoin, EURR, and its dollar-pegged stablecoin, USDR. He added that StablR has already frozen millions of dollars in stolen funds and that both stablecoins have depegged by more than 20%, losing their intended value against the U.S. dollar and euro. StablR received an undisclosed investment from Tether in December 2024.

U.S. Secretary of State Marco Rubio said a highly credible plan is in place involving substantive, time-bound negotiations on Iran's nuclear program and the potential opening of the Strait of Hormuz. According to Rubio, the plan has broad support in the Gulf region and significant backing worldwide, with every country visited understanding it as a reasonable course of action. Speaking to reporters during a visit to India, Rubio reaffirmed President Trump's position of not rushing an agreement, stressing that the president will not sign a bad deal. He added that diplomacy must be given a full opportunity to succeed before other options are considered.

According to Al Jazeera, U.S. Secretary of State Marco Rubio said a deal with Iran is still possible but emphasized that any agreement would guarantee Israel's right to self-defense. Rubio added that negotiations are ongoing and a potential agreement could be signed as early as May 26.

The United States and Iran have not yet reached an agreement on a final memorandum of understanding (MOU), with disagreements remaining on several clauses, Iran's Tasnim News Agency reported today, citing sources. The agency added that Iran is not optimistic about the U.S., given its history of repeatedly failing to fulfill promises in past negotiations. Even if an agreement is reached, Iran plans to closely monitor U.S. compliance and will use all available negotiation tools to respond should the U.S. break its commitments.

The following shows estimated liquidation volumes and position ratios for major crypto perpetual futures over the past 24 hours: - BTC: $58.68 million liquidated (61.58% longs) - ETH: $60.68 million liquidated (83.11% longs) - ZEC: $8.34 million liquidated (75.55% shorts)

Bitcoin's apparent demand has fallen to its lowest level this year, on-chain analyst Darkfost reported. He noted that current apparent demand is approaching -147,000 BTC, adding that market sentiment has not been this bearish since last December. Apparent demand is calculated as the difference between new BTC supply and the supply from long-term holders that has been dormant for over a year, which helps estimate how effectively buying pressure is absorbing available volume. Darkfost interpreted the current trend as a signal of gradually contracting BTC demand. He emphasized that it is difficult to maintain a sustained rally on futures market momentum alone without a recovery in spot demand, concluding that while futures can support short-term price increases, a long-term bull market requires spot buying pressure.

International oil prices are declining amid news that the U.S. and Iran have reached a principled agreement to open the Strait of Hormuz and dispose of Iran's highly enriched uranium. The drop is also influenced by an OPEC+ production increase and downward revisions to oil demand forecasts. Traders on Polymarket are pricing in a 72.5% probability that U.S. West Texas Intermediate (WTI) crude futures (CL) will fall to $85 per barrel by the end of June, a level up approximately nine percentage points from yesterday. Meanwhile, the price of CLUSDT, an on-chain WTI crude perpetual future on Aster, is currently trading at $91.81.

CoinMarketCap's Altcoin Season Index currently stands at 33. The index measures whether 75% of the top 100 coins by market capitalization, excluding stablecoins and wrapped coins, have outperformed Bitcoin over the past 90 days. When this threshold is met, it is considered an Altcoin Season; otherwise, it is a Bitcoin Season. A score closer to 100 indicates a stronger trend toward an altcoin season.

An insider at the U.S. Commodity Futures Trading Commission (CFTC) was dismissed after raising concerns about cryptocurrency firms linked to President Donald Trump's family, The New York Times reported. Then-acting CFTC Chair Caroline Pham and Senior Counsel Bridgett Weiles reportedly intervened to help these companies—which include Polymarket, Crypto.com, and a Gemini affiliate—secure regulatory approval or evade oversight. Pham and Weiles later took positions at MoonPay and Gemini Titan, respectively. The insider's concerns reportedly included issues with retail investor protection at Crypto.com, inadequate anti-fraud systems at Polymarket, and the failure of Gemini Titan to complete mandatory checks.

Bitcoin has entered a bearish phase, according to an analysis by 10x Research. In a post on X, the firm cited a potential shift in MicroStrategy's long-term holding strategy, noting that around $2.7 billion has flowed out of spot Bitcoin ETFs since May 7 after Michael Saylor mentioned the possibility of selling some BTC. This suggests institutional investors are beginning to rebalance their positions, the firm said. Macroeconomic headwinds include a negative correlation between inflation and Bitcoin's returns, with rising oil prices expected to affect future Consumer Price Index (CPI) data. 10x Research also noted that the bond market is already pricing in a potential further rate hike from the Fed this year. With implied volatility for BTC and ETH options near all-time lows amid low trading volume and leverage, the market is susceptible to high volatility from minor catalysts. The firm identified $76,088 as a key pivot point, calling this week's market movement critical.

Garrett Jin, founder of the fraudulent cryptocurrency exchange BitForex, has purchased 145,050 HYPE (approximately $9.05 million) over the past four days, Lookonchain reported. He has also set up a TWAP order to buy an additional 39,940 HYPE, valued at $2.44 million.

tea Protocol (TEA), an open-source contribution verification project, announced on May 24 that it has joined "Aero Ignition," an on-chain liquidity boosting mechanism on the Base-based decentralized exchange (DEX) Aerodrome (AERO). As a result, the Aerodrome community will begin voting on May 28 to determine the size of liquidity and incentives. A higher number of votes will allow the TEA liquidity pool on Aerodrome to receive greater liquidity support, thereby increasing its ecosystem exposure and market activity. Meanwhile, tea Protocol's native token, TEA, is scheduled for its Token Generation Event (TGE) on June 4.

According to CoinMarketCap, HYPE's market capitalization has reached $15.86 billion, surpassing DOGE at $15.83 billion. This makes HYPE the ninth-largest cryptocurrency by market capitalization.

A crypto wallet believed to belong to BitMEX founder Arthur Hayes has withdrawn 85,714 HYPE, worth approximately $5.37 million, from Bybit, Onchain Lens reported. Withdrawals from exchanges are often interpreted as a move to hold assets.

Two wallet addresses that had been dormant for a year deposited 1,650 BTC, worth approximately $127 million, to FalconX six hours ago, Lookonchain reported. Such deposits to exchanges are typically interpreted as an intention to sell.

Ethereum founder Vitalik Buterin has addressed the Ethereum Foundation's recent personnel departures, according to The Block. He explained that Bastian Aue, who took over as co-interim executive director from Tomasz Stańczak earlier this year, is leading the reorganization. Buterin noted that the board is expanding and his own influence within the foundation will gradually decrease. He acknowledged community criticism that the foundation's operations do not align with the values of decentralization and privacy, calling these points a "great burden and pain" for him. Buterin emphasized that the foundation should be understood as a single node with a defined purpose, not the center of Ethereum. He pointed out that the foundation holds only about 0.16% of all ETH—less than some individual holders and far below the 10-50% typical for other blockchain foundations. The foundation is choosing to use its funds to ensure long-term sustainability, he added. Going forward, it will focus on long-term viability and network resilience over ecosystem expansion, dedicating its resources only to core roles that other organizations do not perform.

The Spot CVD chart analyzes the order book for the BTC/USDT spot pair. The top section displays a Volume Heatmap, while the bottom shows the Cumulative Volume Delta (CVD). - The top Volume Heatmap tracks the volume of trades at specific price levels. The background color brightens when the price lingers in a certain range or moves significantly. Brighter areas may act as potential support or resistance levels. - The bottom Cumulative Volume Delta (CVD) indicator represents buy and sell orders categorized by trade size. As buy orders increase, the corresponding colored line rises. For example, the yellow line tracks orders between $100 and $1,000, while the brown line tracks large orders between $1 million and $10 million.

The following are the key global macroeconomic events for the fourth week of May: - May 25: U.S. stock market closed for Memorial Day. - May 27: Fed Governor Lisa Cook speaks (7:55 p.m. UTC). - May 28: South Korea's interest rate decision (1:00 a.m. UTC). - May 28: U.S. April Core Personal Consumption Expenditures (PCE), preliminary Q1 GDP, and initial jobless claims data released (12:30 p.m. UTC). - May 29: Federal Open Market Committee (FOMC) member Michelle Bowman speaks (1:10 p.m. UTC).

The 'Fear & Greed Index' from cryptocurrency data provider CoinMarketCap is currently at 39, indicating a continued state of fear in the market. The index measures market sentiment on a scale of 0 to 100, where 0 signifies extreme fear and 100 represents extreme optimism. CoinMarketCap's index is calculated based on several factors, including the price movements of the top 10 cryptocurrencies by market capitalization, market volatility, derivatives market data like the put-call ratio, the Stablecoin Supply Ratio (SSR), and the platform's own search data.

Oil prices and the U.S. dollar are falling while risk appetite is strengthening amid growing optimism that a deal to reopen the Strait of Hormuz and normalize crude oil shipments is imminent. WTI crude oil plunged more than 5% in early trading on May 25, while risk-sensitive currencies such as the Australian dollar and the South African rand gained against the U.S. dollar. S&P 500 futures also rose, after the index closed near an all-time high on May 23. A senior U.S. official said on May 25 that the United States and Iran are close to an agreement on reopening the strait, but noted that negotiations on key wording are ongoing and final approval could take several days. In contrast, Iran's semi-official Tasnim news agency warned that the draft agreement could collapse, alleging the U.S. is creating obstacles on key provisions, including Iran's demand to unfreeze its assets. Tony Sycamore, an analyst at IG's Sydney office, wrote in a client report that the market's upward momentum from last Friday appears set to continue. He added that while a deal could still fall through, financial markets currently seem inclined to trust the reports.

Michael Saylor, founder of MicroStrategy (MSTR), stated that he expects Bitcoin's returns to outperform the S&P 500, projecting 30% growth. He explained that converting BTC investment returns into an 11.5% tax-deferred credit dividend offers higher yields than traditional money market products. Saylor also predicted that credit funds within the market will absorb most of the BTC supply held by miners. Furthermore, he noted that tokenization can create free capital markets, break banking monopolies, and increase the velocity of asset circulation.