SHELL Buyback Address has once again withdrawn 1 million tokens from Binance, and the buyback progress has reached 81.2%.

May 20th, Bloomberg ETF analyst James Seyffart revealed that Donald Trump’s social media platform Truth Social has withdrawn its spot Bitcoin ETF application. The official press release from Truth Social cited a justification that Seyffart called "not very convincing." He noted that the regulatory distinction between a 33 Act ETP and a 40 Act ETF—specifically regarding investor protection levels—is widely understood in the crypto ETF market, and there have been "no new developments" to prompt the withdrawal. Seyffart’s more probable take points to the hyper-competitive spot Bitcoin ETF landscape: particularly after Morgan Stanley launched its MSBT ETF with a low 14 basis point fee, which has further compressed available market space. He also added that Truth Social still plans to launch a more flexible crypto-focused ETF strategy under a 40 Act fund structure. Seyffart questioned, "Does the market really need a 14th spot Bitcoin ETF? But more differentiated crypto products do still ma

On May 20, per monitoring from OnchainLens, the U.S. government transferred 319 ETH (valued at roughly $673,000), $934,000 worth of USDT, as well as select amounts of DAI and USDC, from seized funds tied to FTX and Alameda to Coinbase.

May 20: U.S. stocks finished Tuesday’s trading day lower, with the Dow Jones Industrial Average down 0.65%, the S&P 500 falling 0.67%, and the Nasdaq Composite dropping 0.84%. In major tech stock moves: Micron Technology (MU.O) and Intel (INTC.O) each advanced 2%, while Qualcomm (QCOM.O) declined nearly 4%. For cryptocurrency-linked stocks: MicroStrategy (MSTR) fell 1.20%, Coinbase Global (COIN) climbed 2.12%, Core Scientific (CRCL) slipped 0.35%, Sportradar Group (SBET) dropped 1.43%, Bit Mining (BMNR) slid 0.59%, and HYPE Treasury’s PURR surged 12.41%.

May 20 — Unnamed sources told The Wall Street Journal that Goldman Sachs is expected to lead the underwriting for SpaceX’s upcoming initial public offering. While Morgan Stanley is also a lead underwriter on the deal, Goldman will be listed at the top of the underwriters’ section in the prospectus, which could be filed publicly as early as Wednesday. The lineup comes as a surprise, given Elon Musk’s close long-standing ties to Morgan Stanley. Other banks leading the IPO include Bank of America, Citigroup and JPMorgan Chase.

May 20 — Fueled by escalating U.S.-Iran tensions driving energy prices higher, a sell-off in U.S. Treasuries, and mounting concerns over the federal fiscal deficit, the yield on the U.S. 30-year Treasury bond has surged to its highest level since 2007, stoking market anxieties about inflation and prolonged high interest rates. Kevin Wash, set to be sworn in as Federal Reserve Chair later this week, faces dual pressures: the White House has repeatedly pushed for interest rate cuts, while most Federal Reserve policymakers favor keeping rates elevated. In a recent interview, President Trump stated he would “let Wash do what he wants to do,” calling him “very talented.” But just last month, Trump publicly said he would be disappointed if Wash failed to cut interest rates immediately after taking office. Analysts see this shift as signaling the White House is starting to “prepare an exit strategy” to avoid cutting rates in June. Economist Derek Tang noted Trump appears to understand that

May 20. The *Economic Daily* published an article noting that amid intense volatility at historical highs, gold has shifted from a traditional safe-haven asset to one of the world’s most volatile risk assets. Compounding this, there is a sharp divergence in international institutions’ gold price forecasts. Why is gold no longer a reliable safe haven? The piece cites three root causes: First, gold trading is extremely crowded. Second, the transmission mechanism of liquidity shocks has changed. When broad asset sell-offs drive prices down, investors face urgent margin call pressures. Gold’s high liquidity makes it the first asset to get sold off for cash—triggering widespread stop-loss orders and quantitative sell-offs, forming a dangerous negative feedback loop: price drops → sell-offs → further price declines. Third, gold’s core pricing logic has fundamentally shifted, with its correlation to interest rates returning to a historically high level. In short, gold is no longer a safe-ha