International Crude Oil Price Continues to Fall, WTI Crude Oil Drops Below $89

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

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.

May 29: U.S. President Trump took to social media to lay out terms for Iran: Tehran must agree it will never acquire nuclear weapons or bombs, the Strait of Hormuz must open toll-free to all two-way traffic immediately, and any mines in the waterway — which Trump claimed the U.S. has already blown up many of using its top underwater drones — will be handled; he said Iran is responsible for any remaining mines, which he added shouldn’t be many. Trump also noted that ships detained under his administration’s "unprecedented, amazing naval blockade" (now lifted) can head home, while concentrated nuclear materials buried deep underground (dubbed "nuclear dust") under a nearly collapsed mountain will be excavated by the U.S. and destroyed thoroughly in close coordination with Iran and the International Atomic Energy Agency (IAEA). Additionally, Trump said no financial transactions will occur between the U.S. and Iran for now, and that other important issues have also been agreed upon.