Coinbase Bitcoin Premium Index Records Negative Value for 8 Consecutive Days, US Market Buying Power Weakens

May 23 — Pakistan’s Army Chief General Bajwa has left Tehran, Iran. A meeting between Iranian Foreign Minister Zarif and Bajwa has concluded, with Pakistan serving as the intermediary for the exchange of information between Iran and the United States. (Xinhua News Agency)

May 23: Changqiao Securities has further clarified recent regulatory developments related to China's cross-border securities business. The firm notes that the Hong Kong Securities and Futures Commission (SFC) and mainland Chinese regulators have recently issued new rules for cross-border securities operations, establishing unified industry standards for services catering to Chinese mainland investors. These regulations apply to all foreign financial institutions, Changqiao says. The company is actively responding to guidance from both regulators and will steadily advance its compliance work in line with the requirements. The scope of the account cleanup requirements is narrow and specific, targeting two main account types: 1) investment accounts opened with suspicious or forged documentation; 2) zero-balance, dormant investment accounts. Customer accounts opened in accordance with regulations that hold genuine assets and positions are not subject to this cleanup. Changqiao firmly supp

Bitget will launch its TAG wealth management product on May 23. The event runs from 18:00 UTC+8 on May 23 to 18:00 UTC+8 on August 21. During the event, users can head to the "Earn Easy Coins" section to subscribe to this product, which offers a maximum APR of up to 25%. For full details, check out the official Bitget platform.

May 23rd: Binance Alpha will launch the Solstice (SLX) airdrop on May 25th. Eligible users can claim the airdrop using Alpha Points on the Alpha page right after trading opens. More details will be announced soon.

On May 23, Web3 gaming platform Bounty Hunter officially announced the global launch of its debut game, Nexarcade — a milestone that also formalizes the "MOVA × BHT × Nexarcade" tripartite ecosystem collaboration. Built on MOVA blockchain infrastructure, Nexarcade has secured strategic support from the BHT (Balance Hub Terminal) ecosystem. This three-way alliance between MOVA, BHT, and Bounty Hunter will advance the ongoing development and ecosystem expansion of the Web3 gaming space by deeply integrating underlying technology, ecosystem resources, and core platform capabilities. As a Web3 GameFi platform built on the MOVA ecosystem, Bounty Hunter operates using a four-layer core architecture: a gaming layer, settlement layer, DAO layer, and value layer. Nexarcade, the platform’s first gamified DAO prediction game, will tap into Bounty Hunter’s key strengths in PvP battles, asset distribution, DAO treasury management, and on-chain value flow to deliver players an innovative on-chain g

On May 23rd, Analyst Murphy stated that during the market bottoms of the February 2019 and January 2022 bear markets, the count of BTC positions with unrealized losses hit exactly 10.6 million in both instances. If this pattern holds for the current bear market, the corresponding bottom price would land around $60,000. Whenever circulating BTC unrealized losses reach a specific critical threshold, supply-side depletion may occur, causing the price to find support. As of February 5, 2026, when BTC fell to $60,000, the count of unrealized losses was nearly 9.93 million. If this number climbs to 10.6 million (based on BTC’s current chip structure), it would align with the level recorded at the previous bear market’s bottom.