WendyCS

After the 200-day moving average rebounds at $80.02, it may further rebound to $83.50.
"Sycamore said, 'I believe there are enough reasons to believe that this situation will occur, especially considering the real estate measures announced by the major Asian countries last week.'"
Brent crude oil rose by about 1% last week, the first weekly increase in three weeks; U.S. crude oil rose 2%, as economic indicators for the two largest oil-consuming countries in the world, the United States and China, improved. Despite the volatile situation in the region, oil prices only fluctuated slightly.
"8 Dutch International Group (ING) commodity strategy director Warren Patterson said, "The oil market is still fluctuating within a range. Without any new catalysts, we may have to wait for clarity on OPEC+ production policies to break through this range. The market seems increasingly indifferent to the development of geopolitical situations, which is likely due to OPEC's large amount of idle production capacity." The Organization of the Petroleum Exporting Countries (OPEC) and its allies are scheduled to hold a meeting on June 1st."
MST Marquee's energy analyst Saul Kavonic said that the market and industry have become accustomed to the leadership position of Saudi Arabia's Crown Prince Mohammed in the energy sector. "Whether or not there is this health issue, the continuity of Saudi strategy is to be expected."

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Gate.io reported that the critical stages for the approval of the Ethereum ETF include the submission of the 19b-4 application and the S-1 registration form to obtain approval from the Securities and Exchange Commission (SEC) and list on the exchange. These forms outline rule changes and product details such as fund structure and investment strategies. Although they are important, approval does not guarantee that the ETF will be offered to the public. Delays or rejections could affect market sentiment and volatility. The approval from the SEC is crucial for Ethereum to become a mainstream investment.

The legendary trader sundayfunday.sol successfully converted a 13 SOL (approximately $2275) investment into $2.26 million in just 8 hours, setting a record profit of 993x. This recent strategic move involving the 1DOL token demonstrates the potential for returns in the volatile crypto market. This latest achievement is not sundayfunday.sol's first time making headlines in the cryptocurrency field, as the trader was once one of the largest presale participants in the BOME project.

Gold hit a record high as optimism about the US interest rate cut this year and escalating geopolitical tensions in the Middle East intensified. The price of gold rose 1.4% during the Asian session, reaching $2,450.07 per ounce, surpassing the intra-day record high set in April. In recent trading days, traders have increased their bets on the earliest possible interest rate cut by the Federal Reserve in September.

The Alan Turing Institute for Artificial Intelligence Safety is set to open an office in the United States, with hopes of promoting greater international cooperation in regulating this rapidly developing technology. UK government officials have stated that the institute's new office in San Francisco will open this summer, and will recruit a group of technicians to complement its work in London and strengthen its ties with American counterparts. Some experts have warned that artificial intelligence could pose a threat to human existence, comparable to nuclear weapons or climate change, highlighting the need for enhanced international coordination in regulating this technology. The UK Minister for Technology has expressed that opening the doors overseas and solidifying the alliance with the United States is at the core of the plan to establish new international standards for AI safety. We will discuss this issue at this week's AI Seoul Summit.

① The price of gold hit a new high on Monday as the slowing trend of inflation in the United States boosted expectations of a possible interest rate cut by the Federal Reserve. Meanwhile, silver surged more than 3% at one point, reaching its highest level in over 11 years.
2. Spot gold is currently up 1% at $2,437.79 per ounce, and earlier in the session it briefly touched a record high of $2,449.88.
Last week's data showed signs of a cooling inflation, and traders currently estimate a 65% chance of a US interest rate cut in September.
The US dollar index has remained weak, making gold priced in US dollars more attractive to buyers holding other currencies.
"⑤Financial market analyst Kyle Rodda of Capital.com said that the weakening of the US dollar and the expectation of a possible rate cut by the Federal Reserve have supported the gold price."
The minutes of the latest Federal Reserve policy meeting, as well as speeches from several Federal Reserve officials scheduled to be released on Wednesday, will be the focus of investor attention this week.
⑦ Spot silver is currently up 1.3% to $31.78 per ounce, previously rising as much as 3.47% to a new 11-year high of $32.49 per ounce.
"⑧ANZ analysts wrote in a report, 'Compared to gold, silver is relatively cheap and has strong fundamentals, which has sparked investor interest. As the inflow of exchange-traded funds (ETFs) increases, the trading price of platinum is at a premium to palladium.'"

According to Coinpedia Fintech News, after reporting the instability of the cryptocurrency market, the price of Bitcoin has risen to $65,000, bringing hope to investors. With Bitcoin's comeback, some alternative coins have risen by 10% to 20%, raising questions about the restart of the bull market. Analysis suggests that the current bull market cycle may end in April 2025. Although historical patterns can provide valuable insights, market dynamics always change, and past performance does not guarantee future results. Analysts are discussing the possibility of further adjustments, with some predicting a slight pullback, while others maintain a long-term optimistic stance.

"Recently, 'AI Godfather' Geoffrey Hinton expressed concerns about the impact of artificial intelligence on job security in an interview, suggesting that the government should consider implementing a universal basic income to address potential inequality caused by unemployment. Hinton also emphasized the potential risks of unregulated artificial intelligence, pointing out that the current trajectory of development could pose an 'existential threat' to humanity. A user named X shared Hinton's remarks, and Musk responded by saying, 'There will be widespread high income (not basic income).' In a dialogue with UK Prime Minister Sunak in November last year, Musk stated that eventually, artificial intelligence may render work unnecessary for everyone, and the challenge in the future will be to find meaning in life."

Companies Market Cap data shows that the market capitalization of silver has once again surpassed Bitcoin, becoming the eighth largest asset in the world by market capitalization. According to CoinGecko data, since Bitcoin reached its all-time high of $73,737 on March 14th, silver has risen by 33.4%, while Bitcoin has fallen by 9.5%. The current market capitalization of silver is $1.828 trillion, which is approximately $500 billion higher than Bitcoin's market capitalization of $1.322 trillion, making Bitcoin the ninth largest asset in the world by market capitalization.

According to a report by BiJie.com, Lookonchain monitoring shows that after the decline of GME, a trader spent 3,059 SOL ($526,000) at an average price of $0.0067 to purchase 78.57 million GME. The trader bought 68 million GME for 1,409 SOL ($165,000) at an average price of $0.0024 on February 15th and 16th. After holding for 3 months, GME started to rise. On May 13th and 14th, the trader sold 35 million GME at an average price of $0.0144, using SOL ($503,000), currently holding 111.57 million GME (approximately $781,000), with a total profit of about $593,000.

According to foreign media reports, after a relatively slow start in the first quarter, the price of silver has started to rise, significantly surpassing the price of gold. Last Friday, spot silver soared, reaching a fresh 11-year high of $32.51 this week. The surging silver price has pushed the gold-silver ratio below 80 points, the lowest level since August last year. Alex Kuptsikevich, a senior market analyst at FxPro, said that the short-term target price is $33 per ounce, and it may rise significantly to the historical high of $50. The long-term trend of silver is also bullish. In the past two years, it has been able to quickly turn upward after the price fell below the 200-week moving average. This year, the silver price has successfully broken free from this line, but the most intense part of the rally may still be ahead. Silver may be ready to reproduce the explosive growth of 2010-2011.

Gate.io reported: The price of Litecoin has risen slightly by more than 2% in the past week, indicating a possible move towards the $90 mark. However, this momentum has slowed down in the past 24 hours, with the current trading price at $83.81 and a market capitalization of over $6.2 billion. Analysis from CryptoWzrd suggests that Litecoin could reach $94 or drop to $80, depending on market trends. AMBCrypto's analysis of Glassnode data indicates that Litecoin's NVT ratio and reserve risk suggest undervaluation, implying a potential price increase, while Whale activity and MVRV ratio remain bullish. However, sentiment around Litecoin is bearish, as market indicators such as RSI and CMF suggest a potential price increase, but Bollinger Bands indicate low volatility, reducing the likelihood of a significant price increase. To reach $90, Litecoin must surpass the $85 mark to avoid liquidation and potential price adjustments. Conversely, failure to maintain support at $80 could lead to a drop to $78.

Coin Network reports: Ordinals founder Casey responded to his previous joke that if the market capitalization of Ordinals does not reach $1 billion, he will commit suicide. He mentioned on platform X that he will perform this act in the next episode of the Hell Money Podcast, which is a Bitcoin-related podcast he recorded with @RealizingErin. The announcement continued his previous joke that he would commit suicide if the Runes ecosystem didn't reach $1 billion in market capitalization within a month of its launch.