Odaily News China Renaissance Capital, a Hong Kong-listed company, disclosed that its China Renaissance New Economy Fund had invested in Circle in 2018. The company will continue to be optimistic about the development of blockchain technology and actively explore the layout in the fields of Web3.0 and cryptocurrency assets. Circle Internet Group was listed on the New York Stock Exchange on Thursday, with a peak of $103.75, a 2.35-fold increase from the IPO price of $31, and closed at $83.23, still up 1.68 times. It rose another 5.38% after the market to $87.71, and its market value after listing reached $6.9 billion.

Odaily News The SlowMist security team has issued a warning that the North Korean Lazarus hacker group is using a new stealing Trojan called OtterCookie to launch targeted attacks against cryptocurrency and financial practitioners. Attack methods include faking high-paying job interviews/investor negotiations, using deepfake videos to impersonate recruiters, and disguising malware as "programming test questions" or "system update packages." Theft targets include login credentials saved by browsers, passwords and digital certificates in macOS keychains, and encrypted wallet information and private keys. SlowMist recommends being vigilant about unsolicited job/investment invitations, requiring multiple verifications for remote interviews, and never running executable files of unknown origin, especially so-called "technical test questions" or "update patches." Strengthen terminal protection (EDR), deploy antivirus software, and regularly check for abnormal processes.

Odaily News Over the past two days, the price of Bitcoin (BTC) has continued to weaken, falling from a high of $105,000 to around $101,500, a drop of more than 3%. Although it tried to rebound at the beginning of this week, it failed to successfully break through the key resistance level of $107,500, causing market sentiment to become conservative. The entire crypto market has pulled back synchronously, with the market value falling to about $2.3 trillion, a drop of more than 5% in 24 hours. Ethereum (ETH) fell below $3,700, and mainstream currencies such as Solana (SOL) and Avalanche (AVAX) all fell to varying degrees. Analysts believe that the current market lacks a clear catalyst for growth, and funds tend to wait and see. Investors are closely watching the non-farm payrolls data for May to be released this Friday. If the number of new jobs is lower than expected, it may strengthen the market's bet on interest rate cuts this year, thereby providing support for risky assets. In addition, Federal Reserve Chairman Powell's recent speech did not explicitly mention the economic outlook, triggering market concerns about "dovish expectations being dashed." 4E reminds that the crypto market is at a critical juncture where macroeconomic games and technical adjustments intersect. Investors are advised to remain patient and wait for further clarity from the Federal Reserve and economic data.

Odaily News According to official news, OKX Ventures announced the completion of a strategic investment in Momentum. Momentum is the DEX in the Sui ecosystem, with a minimalist interactive experience and deep liquidity characteristics. With the trend of accelerated entry of traditional institutions and the prospect of the gradual expansion of the RWA market, Momentum has become an important DeFi infrastructure in the ecosystem. Since its establishment in 2022, Momentum has continuously refined its product mechanism and achieved near-instant transaction confirmation. In 2 months, it has obtained 42,000 active wallets, the total value locked (TVL) on the chain exceeded $70 million, and the transaction volume reached $3 billion, of which more than 25% of the DEX transaction volume of the Sui network came from Momentum. Compared with traditional AMM decentralized platforms, the performance is improved by more than 10x, and it can maintain good scalability and stability in a high-concurrency environment. Benson, partner of OKX Ventures, said: "As the leading DeFi application of Sui ecosystem, Momentum enables traders, retail investors and institutional users who pursue low slippage and high liquidity to obtain a better on-chain trading experience through the ve (3,3) mechanism, which will promote the Sui public chain DeFi ecosystem to enter the next growth cycle and prosperity faster." (Chainwire)

Odaily News Naval Ravikant, a well-known Silicon Valley angel investor who has invested in multiple crypto projects, posted on X: "Musk's position is principled. Trump's position is pragmatic. Current technology needs the support of Republicans. Republicans need future technological development. Give up the tax cuts, cut some spending, and get the bill passed." Musk then retweeted the tweet to express his support.

Odaily News Bill Ackman, an investment tycoon and CEO of Pershing Square, said on social media that he supports US President Trump and Musk. He believes that for the benefit of the United States, they should coexist peacefully. People are stronger together than apart. (Jinshi)

Odaily News The number of CME Bitcoin futures large traders reached a record high of 217, an increase of 36% from the beginning of the year, indicating that institutional investors' interest in Bitcoin has increased significantly. Since the beginning of 2024, the number of large traders has continued to rise steadily, indicating that institutional allocation of Bitcoin has become a consistent trend rather than an opportunistic transaction. (The Block)

Odaily News Trump Media Technology Group (DJT.O) filed an S-3 registration statement for the previously announced Bitcoin asset transaction. The company said it was seeking registered investors to resell approximately 56 million shares and 29 million underlying convertible notes, and the proceeds would be used to create Bitcoin assets and general corporate purposes. The S-3 form was filed for a debt and equity subscription agreement signed with approximately 50 investors, with a total financing amount of approximately US$2.3 billion.

Odaily News GMGN market data shows that the market value of Meme coin KILLBILL briefly exceeded 15 million US dollars and is now reported at 13.5 million US dollars, an increase of more than 200 times in 24 hours. Odaily reminds users that the price of Meme coins fluctuates greatly, and investors should pay attention to risks.

Odaily News Trump Media & Technology Group (DJT.O) said on Thursday that its Truth Social Bitcoin ETF will hold Bitcoin directly, aiming to provide investors with stocks that reflect Bitcoin's price performance. According to SEC filings, Crypto.com will serve as the ETF's exclusive Bitcoin custodian, lead execution agent and liquidity provider. Trump Media & Technology Group, which operates Trump's social media platform Truth Social, said last month that it would raise about $2.5 billion from institutional investors to buy Bitcoin and planned to use the funds to create a vault for the cryptocurrency. Nunes, CEO of Trump Media & Technology Group, said at the time: "We view Bitcoin as the supreme tool for financial freedom, and now Trump Media will make cryptocurrency an important part of our assets." (Jinshi)