[News Brief] May 30, morning | CFTC Approves KalshiEX Listing of Spot Bitcoin-Linked Perpetual Contract

BTC Breaks Above 74,000 USDT

According to Odaily, BTC rose above 74,000 USDT on OKX.

At the time of writing, BTC was trading at 74,000.9 USDT, up 1.57% over the past 24 hours.

USDC Treasury Mints Additional 250 Million USDC on Solana

USDC Treasury has minted an additional 250 million USDC on the Solana blockchain.

PANews, citing on-chain data, reported that the mint took place at 12:11 a.m. KST on the 30th. Additional stablecoin issuance may be interpreted as a signal of expanding liquidity supply on the chain.

Anonymous Wallet Transfers 189.93 Million USDC to USDC Treasury

According to Whale Alert, an anonymous wallet transferred 189,933,400 USDC, worth about $188.94 million, to USDC Treasury.

Inflows to USDC Treasury may occur as part of redemption or issuance management processes, though the specific background of this transfer has not been confirmed.

CFTC Approves KalshiEX Listing of Spot Bitcoin-Linked Perpetual Contract

The U.S. Commodity Futures Trading Commission (CFTC) has approved designated contract market (DCM) KalshiEX to list its spot Bitcoin price-linked perpetual contract, BTCPERP.

According to Odaily, the CFTC determined that the contract complies with the Commodity Exchange Act, related regulations, and DCM core principles. Kalshi must comply with CFTC rules during both the listing and operation of the product.

The CFTC said that perpetual contract structures are not appropriate for all asset classes, and recommended that assets with unclear applicability undergo a voluntary review process for approval.

Anonymous Wallet Transfers 968 BTC to Coinbase Institutional

According to Whale Alert, an anonymous wallet transferred 968 BTC to Coinbase Institutional.

The transfer was valued at approximately $71.49 million at the time. Large transfers to exchange-related wallets are often interpreted by the market as a potential supply variable, including possible selling pressure.

Anonymous Wallet Transfers 888 BTC to Coinbase Institutional

According to Whale Alert, 888 BTC was transferred from an anonymous wallet to Coinbase Institutional.

The transfer was worth about $65.73 million. Large movements to exchanges or institutional service wallets may be interpreted as either potential sell-side activity or custody-related fund transfers.

SEC Charges Nathan Fuller in Alleged Fake AI Crypto Trading Bot Investment Scam

The U.S. Securities and Exchange Commission (SEC) has charged Texas resident Nathan Fuller in connection with an alleged fraudulent investment scheme involving a fake “AI crypto trading bot,” according to Odaily.

According to the SEC, Fuller raised about $12.3 million from roughly 150 investors between October 2022 and mid-2024 by selling crypto investment interests under the names Privvy Investments and Gateway Digital Investments.

He allegedly promoted an “AI high-frequency arbitrage bot” that could trade crypto and generate guaranteed returns of more than 40% to 100% within 21 to 45 days.

The SEC said the bot was not operated as advertised, and alleged that Fuller misappropriated at least $6.2 million for personal use and used about $5.5 million from new investors to pay earlier investors in a Ponzi-like scheme.

The SEC also alleged that Fuller falsely claimed investor funds were protected by FDIC insurance, surety bonds, and professional liability insurance, and misled investors with manipulated account statements and other false representations.

The SEC filed the complaint in the U.S. District Court for the Southern District of Texas, seeking a permanent injunction, disgorgement of ill-gotten gains, and civil penalties.

Chevron CEO Says Multiple Vessels Attacked While Passing Through Strait of Hormuz

Chevron CEO Mike Wirth said in an interview with Bloomberg TV that several vessels transiting the Strait of Hormuz were attacked this week.

The Strait of Hormuz is a key shipping route for Middle Eastern oil exports. Continued attacks on vessels could heighten supply concerns and geopolitical tensions, weighing on global financial markets and risk appetite.

Ethereum Remains Weak After Losing $2,000 Support

According to Odaily, Ethereum has remained under pressure after falling below the key $2,000 support level. The market is now watching the $1,800-$1,750 zone as a key near-term support range.

CryptoQuant analyst PellineiPA said Ethereum’s estimated leverage ratio remains elevated at around 0.74, while funding rates have stayed positive since April, indicating crowding in long positions. Meanwhile, price weakness has persisted, and although RSI is near 31, close to oversold territory, there is still no clear sign of a rebound.

U.S. spot Ethereum ETFs have recorded net outflows for 13 consecutive trading days, with cumulative outflows totaling about $695 million. The largest single-day outflow was about $121 million, prompting interpretations that institutional demand is weakening.

HYPE Surges Above 65 USDT

According to Odaily, HYPE broke above 65 USDT on OKX, extending its record-high momentum.

HYPE is currently trading at 64.946 USDT, up 13.11% over the past 24 hours.