Railgun Token RAIL briefly surged above $4.7 before retracing, posting a more than 73% gain in the last 24 hours

May 24: The probability of Polymarket’s prediction that Bitcoin will hit $100,000 this year has fallen to 37%, down from 49% on May 10. Separately, the current odds that BTC will rise to $90,000 this year stand at 59%, while the chance it will drop to $50,000 is 41%.

On May 24, data from Onchain Lens shows a whale took a 25x leveraged long position in 2,700 ounces of gold valued at $12.6 million. The whale also holds a 20x leveraged short position in crude oil, with over $324,000 in current unrealized gains.

May 24 — Keyrock’s latest report underscores that crypto rails are rapidly emerging as the default payment layer for AI agents. Over the past year, AI agents have completed more than 176 million blockchain transactions, with a total settlement value exceeding $73 million. As AI agents autonomously procure data, cloud computing power, API services, and AI inference resources, traditional credit card payment systems have failed to adapt to high-frequency, micro-payment scenarios. Data shows roughly 76% of AI agent payments are below 30 cents, and some on-chain stablecoin transfers cost only a fraction of a cent. Major players including Coinbase, Stripe, Google, and Visa have all started building infrastructure for machine-to-machine payments. Among them, Coinbase’s x402 protocol allows AI agents to directly use USDC for on-chain analytics and cloud service fees. Currently, 98.6% of AI agent payments are settled via USDC. The report notes this trend further strengthens Circle’s promine

### Market Holiday & Early Trading Session Advisory **Effective May 25 Observations:** In observance of Memorial Day, the U.S. stock market will remain fully closed on Monday, May 25. For CME Group futures contracts trading on May 26 Beijing Time: - Precious metals and WTI crude oil futures will close early at 02:30 Beijing Time - U.S. stock index and Treasury futures will wrap up trading early at 01:00 Beijing Time In Asia-Pacific, Vesak Day holidays will impact markets on May 25: - The Hong Kong Stock Exchange is closed, with Southbound and Northbound trading links suspended - The South Korean stock market is also closed In Europe, the U.K. Spring Bank Holiday will lead to the closure of the U.K. stock market on May 25. ICE Brent crude oil futures will close early at 01:30 Beijing Time on May 26. Investors are urged to plan accordingly. Source: FXStreet

May 24 market update: Data from CME’s FedWatch Tool puts the probability that the U.S. Federal Reserve will keep interest rates on hold through December at 32.1%. The odds of cumulative rate hikes by December break down as follows: 42.5% for a total 25 basis point increase, 20.6% for 50 basis points, 4.4% for 75 basis points, and 0.4% for a full 100 basis point cumulative hike.

On May 24th, Alternative Data reports that today’s cryptocurrency Fear & Greed Index fell to 25—down from yesterday’s reading of 28—slipping back into the “extreme fear” zone. The index’s average over the past week currently stands at 27. For context: The Fear & Greed Index operates on a 0-to-100 scale, calculated using six weighted metrics: Volatility (25%), Market Volume (25%), Social Media Hype (15%), Market Surveys (15%), Bitcoin’s Dominance (10%), and Google Trends Analysis (10%).