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.
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Data: BitMine currently holds approximately 3.56 million ETH, with an unrealized loss of $2.98 billion.
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