MicroStrategy bought another 2,530 $BTC($243M) at an average price of $95,972 last week!

On May 27, U.S. space and satellite-related stocks rallied broadly, driven by SpaceX’s submission of its S-1 IPO filing and the company’s upcoming June 12 Nasdaq listing. Momentus surged over 109%, Redwire climbed more than 26%, AST SpaceMobile rose 13%, and Firefly Aerospace jumped over 19%. Market observers believe SpaceX is targeting an IPO valuation of $1.75 trillion to $2 trillion, which is prompting a reassessment of the commercial space sector. Year-to-date, the Bank of America Space Industry Stock Basket has increased roughly 61%, while the space-themed ETF UFO has gained approximately 70%. BiyaPay analysts noted that anticipation of SpaceX’s IPO is amplifying market focus on U.S. technology and space themes, benefiting related space firms such as Rocket Lab and Intuitive Machines. It is understood that BiyaPay supports users in trading U.S. stocks, Hong Kong stocks, and cryptocurrencies using USDT, allowing investors to seize global asset allocation opportunities.

On May 27, Bitcoin’s three-month uptrend relative to gold has clearly broken. The BTC/Gold ratio recently fell below a key upward trendline, signaling that investor fund preferences are shifting back to gold and other traditional safe-haven assets. Data shows that since March, the BTC/Gold ratio rose from around 12 to 18, reflecting a market that once favored Bitcoin as "digital gold." However, with this recent trend reversal, analysts believe gold may outperform Bitcoin in the short term. Fund flow data confirms this shift: over the past two weeks, cumulative outflows from U.S. Bitcoin ETFs exceeded $2 billion, while gold and precious metal ETFs attracted approximately $2.34 billion in net inflows for the week ending May 20. Analysts attribute this change to several factors: rising U.S. bond yields, growing expectations of "higher interest rates for longer," and continued turmoil in the Middle East. The market is reallocating to traditional hard assets, while Bitcoin’s narrat

On May 27, Bitget announced in an official statement that its stock contracts now include new targets: RGTI (Rigetti Computing), QBTS (D-Wave Quantum), QUBT (Quantum Computing Inc.), ARQQ (Arqit Quantum), and four additional assets. These targets cover popular U.S. stocks across quantum computing, advanced aerospace, and cybersecurity sectors. The contracts offer a maximum leverage of up to 20x. For more details, please check Bitget’s official platform.

May 27 — Piper Sandler’s latest report argues the market’s optimistic outlook for a U.S.-Iran deal is unfounded. The Strait of Hormuz may remain largely closed over the coming months, potentially pushing oil prices to new highs this summer. The firm said there’s little confidence shipping through the strait will bounce back to pre-tension levels anytime soon, adding ongoing supply tightness will continue driving energy prices higher. Meanwhile, recent U.S. airstrikes on Iranian targets and Iran’s warning that transit through the strait “will come at a cost” have deepened market uncertainty. Dave Ernsberger, president of S&P Global Platts, noted the market is currently “too scared to take crude oil positions” due to extreme ambiguity around negotiations, strait access, and potential toll mechanisms. Reports also point to market concerns that Iran might impose a formal “passage fee” on oil tankers transiting the Strait of Hormuz down the line. Though Iranian officials deny any such fe

On May 27th, FTSE Russell unveiled the latest preliminary additions to its Russell 3000 Index, which include several crypto-related companies: Sharplink, Forward Industries, Gemini, Galaxy Digital, and Bitmine. Among these, Bitmine—an Ethereum reserve firm—and Galaxy Digital have market caps of roughly $5.7 billion and $11.55 billion respectively, meeting the eligibility thresholds for the Russell 1000 Index. Should their inclusion be finalized, the two companies will join major U.S. tech names including Nvidia, Microsoft, Apple, and Alphabet. Additionally, Sharplink, Forward Industries, and Gemini are poised to enter the Russell 2000 Index. Market consensus holds that inclusion in the Russell index series typically brings increased allocations from ETFs and institutional passive funds, which helps improve liquidity, expand the shareholder base, and enhance influence in capital markets. FTSE Russell will release updated lists on June 5th, 12th, and 18th. The final index adjustment r

May 27. Employees at Samsung Electronics voted to approve a new compensation deal, heading off a planned 18-day mass strike. Around 74% of staff backed the proposal, sending Samsung’s stock price up 8% on the same day. Per the agreement, Samsung’s chip division workers will receive a fixed cash bonus equal to 50% of their annual salary, plus a 10.5% special bonus tied to the semiconductor unit’s profits—with some of this payout distributed in shares. Bloomberg estimates average bonuses for chip division employees will reach roughly 513 million South Korean won (approximately 2.32 million Chinese yuan), with some storage chip staff taking home as much as 600 million won. In contrast, non-chip business employees are earning an average bonus of just 6 million won (around 27,000 Chinese yuan), a gap that has sparked internal backlash over a roughly 100-fold difference in pay. Fueled by growing demand for AI infrastructure, Samsung’s semiconductor business has seen a sharp profit su