Overview of Key Overnight Developments on May 31
21:00-7:00 Keywords: FTX, REX Shares, Trump, Vance
1. New York City Comptroller vetoes Bitcoin municipal bond plan;
2. Trump family criticized by Republican lawmakers for being obsessed with "crypto trading";
3. U.S. Vice President Vance: Bitcoin is safe and not easily susceptible to fraud;
4. Trump praises Government Efficiency Department achievements, will become presidential advisor after Musk's departure;
5. FTX initiates second phase of repayment process, expected to distribute over $5 billion starting today;
6. Trump Media Group completes $2.44 billion financing, becomes a major Bitcoin holder among listed companies;
7. REX Shares files prospectus for Solana and Ethereum staking ETF, expected to list in the U.S. within weeks.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
American Express Stock Shocks Despite Positive Revenue and Earnings
The AI arms race extends upstream! Reports say Intel, Nvidia, and AMD are prepaying over 100 billions NTD to secure advanced IC substrate production capacity.
NVIDIA, Intel, and AMD have collectively spent $5 billion in advance payments to aggressively secure high-end IC substrates from Taiwan. Driven by "big money for guaranteed orders," the top three Taiwanese substrate manufacturers have invested a record NT$161.2 billion to expand their production capacity. The tech giants' substantial financial commitments to secure supply chains highlight the intense competition and extreme scarcity of core AI materials.
Crypto prices
More
