Huang Renxun has left Beijing, and NVIDIA has not disclosed whether Huang Renxun met with the DeepSeek founder.

On May 29, HyperInsight’s monitoring shows HYPE has climbed above $65, hitting a brand-new all-time high. The whale address “0x082” that went long on HYPE is now sitting on over $36.7 million in unrealized gains. Meanwhile, another whale—Loracle (@loraclexyz)—is facing more than $34.5 million in unrealized losses from their HYPE short position.

On May 29, HTX market data indicates Bitcoin has topped $74,000, with a 1.6% gain over the past 24 hours.

May 29 update: Per HTX market data, HYPE has surged past $65, now trading at $65.71, marking a 14.1% 24-hour gain and hitting a new all-time high.

May 29th — A crypto analyst says Ethereum (ETH) is still facing near-term downward pressure, with the market closely watching its $1,750-$1,800 support zone. A CryptoQuant analyst points out ETH’s current leverage ratio remains elevated, while funding rates stay positive — indicators that long positions still dominate trading. Yet fresh lows keep printing on ETH’s price chart, signaling a fragile overall market structure. Meanwhile, Binance’s cumulative net inflow has dropped to roughly -$744 million, a sign sellers are still in control of the market. Turning to institutional demand, the U.S. Ethereum spot ETF has logged 13 straight trading days of net outflows, totaling about $695 million — a clear sign institutional appetite for ETH is steadily cooling. Analyst Suraj Jha highlights the $1,700-$1,800 range as a buy zone worth noting, but warns that if this support level breaks, ETH could extend its downward slide. Another analyst, Crypto Patel, argues ETH needs to hold above $1,750 t

On May 29, data from Bitget showed that West Texas Intermediate (WTI) crude oil fell below $89 per barrel, marking its first time trading at that level since April 21, with a daily decline of 2.27%. Brent crude oil was trading at $89.8 per barrel, down 2.8% intraday.

Flash News: On May 29th, prediction market platform Polymarket announced a new partnership with global soccer media platform OneFootball, making Polymarket the latter’s exclusive prediction market partner. Per the announcement, Polymarket’s soccer-related odds data and prediction markets will be made available to OneFootball’s over 600 million global users, enabling users to directly access relevant market information.