News

BlockBeats News, May 20th, according to official sources, the Federal Reserve will release the minutes of its monetary policy meeting at 2 a.m. 东八区 on May 21st. NVIDIA will release its Q1 FY2027 earnings report after the US stock market closes (4 a.m. 东八区) and will host an earnings call. This may lead to market volatility.

Foresight News reports that Bitget has launched the USDGO holding-to-earn event. Users do not need to stake or lock their assets; simply holding USDGO in spot or futures accounts will automatically earn returns. The system settles daily and allocates different returns based on VIP level, with a maximum APR of 4.3%. In addition, the event features an "instant exchange slippage subsidy mechanism": users who exchange between USDT and USDGO via instant swap and hold USDGO for 14 days will receive compensation for slippage caused by exchange rate fluctuations, achieving zero-loss exchange. The calculation period for holding returns ends at 00:00 on June 16. USDGO is issued by Anchorage Digital Bank N.A., the first federally chartered crypto bank in the United States, and operated and distributed by an exchange. This stablecoin is pegged to the US dollar at a 1:1 ratio and operates within a compliant framework.

BlockBeats news, on May 20, according to Coinbob Hot Address Monitoring, Brent crude oil futures (2607) have rebounded more than 15.6% since the May 7 low, now quoted at $109.8 per barrel. The Hyperliquid platform BRENTOIL contract price is currently quoted at $105.37, with a daily trading volume of about $128 million. This round of rebound allowed an on-chain $16 million BRENTOIL long position to be unlocked today. The whale immediately significantly reduced its holdings in the past two hours, with the position dropping from 151,057 contracts to 99,716 contracts, a reduction of about $5.44 million. The average opening price was $103.34, and it still holds about $10.5 million in remaining positions. Address: 0x7f5ff9f8da891ffe5229e33b90959ae1e6d5f47e