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- 14:29Whale James Wynn Stops Reducing Positions and Starts Increasing BTC Long Positions Again, Currently Holding $279 Million in BTC Long PositionsAccording to on-chain analyst Ember's monitoring, as the BTC price retraced to near James Wynn's BTC long position opening price, he started to increase his BTC long positions again. Today, he reduced his BTC long positions from $570 million to $190 million, realizing a profit of $6.2 million. As the BTC price retraced to near his opening price, he stopped reducing positions and started increasing BTC longs again. He currently holds 2,675 BTC longs with 40x leverage, valued at $279 million. The opening cost price is $103,629, and the liquidation price is $87,765.
- 14:28Spot gold rises nearly $20 in the short term, reaching $3,260 per ounceSpot gold surged nearly $20 in the short term, reaching $3,260 per ounce, up 0.92% intraday.
- 14:28US SEC Chairman Paul Atkins: Will Strengthen Cost-Benefit Analysis to Develop a Reasonable Regulatory Framework for the Crypto Asset MarketThe U.S. Securities and Exchange Commission (SEC) released a statement from its Chairman Paul S. Atkins, who testified before the House Financial Services and General Government Appropriations Subcommittee on May 20, 2025. He stated that the SEC will prioritize enhancing regulatory transparency and accountability, particularly in the digital asset sector. He emphasized that the SEC should conduct rigorous cost-benefit analyses when formulating rules to avoid excessive regulation that could negatively impact market innovation. Paul Atkins also noted that the SEC will strengthen cooperation with Congress to develop a reasonable regulatory framework for the crypto asset market, ensuring that its regulatory activities align with legislative intent. He stressed a cautious approach to digital asset regulation to avoid hindering technological progress. He stated that the SEC will continue to fulfill its mission of protecting investors and maintaining market integrity while promoting the healthy development of financial markets. (SEC.gov)