HYPE Surges Above $70 in a Short Time, Hits New All-Time High
May 31, per HTX market data, HYPE briefly surged above $70, currently trading at $69.845 with a 6.4% 24-hour gain, notching another all-time high.
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Trump Reveals Perfect IQ Test Score, Calls It "Rare Achievement"
On May 31, former President Trump took to Truth Social to announce the results of his latest medical exam at Walter Reed National Military Medical Center, describing them as "very ideal." Unlike other presidents who have never completed any approved, high-difficulty cognitive assessments, Trump claimed he scored a perfect 30 out of 30, earning a classification of "very high intelligence." Trump added this was his fourth time taking the specific cognitive test, noting he has secured a perfect score every time by correctly answering all 120 questions. He called achieving this perfect score four times in a row "truly rare" and advocated that all candidates running for president and vice president be required to undergo more rigorous cognitive tests.
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Viewpoint: Bitcoin Shows Buy Signal, Could Rise to $75,000
On May 31, crypto analyst Alicharts reported that Bitcoin’s 12-hour chart has flashed a TD Sequential buy signal, suggesting the cryptocurrency could rebound to $75,000.
The TD Sequential is a momentum indicator created by Tom DeMark to flag oversold reversal points. However, its signals aren’t guaranteed—they require confirmation from factors including volume analysis, ETF fund flows, and macroeconomic conditions. Right now, Bitcoin is trading in the $73,000 to $74,000 range.
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Trump: U.S. to Intervene with "War Department" If No Agreement is Reached Between the U.S. and Iran
May 31 – U.S. President Donald Trump said in a Fox News interview aired on the evening of May 30 local time that the U.S. and Iran are close to reaching a "very good agreement," adding that a "better deal" should come together more quickly.
However, Trump warned that if no such deal is reached, he will order the so-called "Department of War" – a reference to the U.S. Department of Defense – to step in. "If I don't get what I want, we will end it in another way," he stated.
Trump also noted that a signed agreement would secure navigation through the Strait of Hormuz and prevent Iran from developing nuclear weapons, among other goals. When discussing his timeline for the Iran deal, he emphasized he is not in a rush. "If you're in a hurry, you won't be able to reach a good agreement," he said.
Source: CCTV News.
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Backpack Founder Discusses "Binance Possibly Opening Stock Trading": Some US Retail Investors May Flock to Crypto
May 31 — Amid rumors that Binance plans to launch genuine stock trading on June 1, Armani Ferrante, founder of crypto exchange Backpack, noted in a post that this move could reshape the entire brokerage landscape.
Key points from Ferrante’s comments:
1. 24/7 price discovery for stock spot markets will become a reality.
2. A new generation of crypto-native brokerages will follow Binance into weekend price discovery; while existing perpetual contracts enable weekend trading, their range of underlying assets remains far too limited for retail brokerage products.
3. Crypto-native brokerages will go head-to-head with legacy TradFi (traditional finance) brokers, and being early to offer weekend spot trading will give these new crypto platforms a major competitive edge.
4. Retail stock investors currently trading on Web 2 platforms could enter the crypto ecosystem via these new brokerages, with capital flows eventually expanding into the broader crypto and decentralized finance (DeFi) sector
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