Cryptocurrency Fear and Greed Index Drops to 22, Deepening Market's "Extreme Fear" Sentiment
On May 28, the cryptocurrency Fear & Greed Index stood at 22, a drop from 25 on the previous day, per data from Alternative Data, deepening the market’s "extreme fear" sentiment.
Note: The index ranges from 0 to 100, and its calculations rely on six weighted indicators: Volatility (25%), Market Volume (25%), Social Media Hype (15%), Market Surveys (15%), Bitcoin Dominance (10%), and Google Trends Analysis (10%).
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Futu and ChangQiao Clear Out False Account Opening Documents and Ghost Accounts
According to a report from China First Financial, on May 28, Futu Holdings (Futu) and Changqiao recently carried out a targeted cleanup of two account categories: those opened using fraudulent documentation, and empty/dormant accounts with no assets or positions. These accounts have now been closed.
In a concurrent update, the Futu Bull APP added a new quick-access entry titled "Update Identity Information" in its "Account" tab, paired with an "Explanation on Updating Identity Information." The notice reminds users that if they hold valid overseas identity documents, once the information update is completed, all account transactions, fund deposits, and other related services and features will remain fully unaffected.
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AI healthcare technology company Triomics has completed a $22 million Series B funding round, led by Battery Ventures
May 28 — A report from TechCrunch notes that Triomics, an AI startup building a platform to assist oncologists and clinic administrators in automating data-heavy tasks like matching patients to clinical trials and preparing appointments, has closed a $22 million Series B funding round.
Battery Ventures led the investment, with participation from existing backers including Nexus Venture Partners, Lightspeed, Y Combinator, and other institutional investors.
Founded in 2021, Triomics previously raised $15 million in a Series A round back in mid-2024. The company started out focused on matching patients with the most suitable clinical trials, but expanded its platform’s capabilities as large language model (LLM) technology advanced.
Over recent years, Triomics added a verifiable patient summary feature to its tool, which displays key patient info directly within the platforms clinical doctors already use — eliminating the need to jump between different applications.
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2 minutes ago
Nuclear Energy Company Nuclear to List on Nasdaq with a Valuation of $2.4 Billion
May 28 — Nuclear power firm Newcleo announced Wednesday in a Reuters report that it has reached a deal to go public on the Nasdaq via a merger with NewHold Investment Corp III. Founded by Italian physicist Stefano Buono, Newcleo is developing an advanced modular lead-cooled fast reactor and nuclear fuel made from reprocessed nuclear materials. Additionally, the company will partner with Sam Altman-backed Oklo Inc. to take part in a U.S. Department of Energy initiative studying how Cold War-era legacy plutonium materials can be used as nuclear reactor fuel. In a statement, Newcleo said the merger will value the company at $2.4 billion and is expected to raise up to $429 million in total funding. The transaction is slated to wrap up in the second half of 2026.
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「BTC OG Insider Whale」 Adds $56 million to Long Position in BTC, Lowering Average Price by approximately $1277
On May 28, per data from Coinbob Popular Address Monitor (via their Telegram channel at https://t.me/Coinbob_track_CN), the "BTC OG Insider Whale" significantly increased its Bitcoin long position—currently in unrealized loss—early this morning, adding 763.93 BTC worth approximately $56.23 million. Following this accumulation, the whale’s total Bitcoin holdings rose to 1,268 BTC.
The address’s current leveraged positions are as follows:
- 5x BTC Long: $94.24 million position size, average entry price adjusted from $77,394.40 to $76,117.30, unrealized loss of $2.35 million (-12%), liquidation price at $51,127.
- 3x ZEC Long: $30.62 million position size, average price of $130, unrealized gain of $5.35 million (+52%).
This is an OG crypto wallet that once held over 50,000 BTC before lying dormant for 8 years; it later gradually shifted some of its Bitcoin holdings to Ethereum. The whale’s trading actions have been highly synchronized with Trump’s public remarks and U.S. policy trends.
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