1. Musk is about to leave his unfulfilled DOGE ambitions

On May 29, Musk confirmed his departure in a post on X and thanked President Trump for "providing the opportunity to reduce wasteful spending." The White House "dismissed" Musk from his position as a special government employee on Wednesday evening local time. Click to read.

2. Highlights of 21 Quotes from the Bitcoin 2025 Conference

On May 29th, U.S. time, the Bitcoin 2025 Conference successfully concluded, with many industry leaders delivering important speeches. Golden Finance has selected 21 key quotes to help you relive the highlights of the Bitcoin 2025 Conference. Click to read.

3. Contract whale James Wynn finally liquidated, even after losing everything, the gambler won't leave the table.

Recently, Bitcoin has been fluctuating at a high level, and James Wynn seems like a monkey performing acrobatics on a tightrope, repeatedly opening large positions and jumping back and forth between long and short. On May 29, when all profits on his Hyperliquid would be recouped, he mentioned on X, "Is 80 million dollars considered wealth creation? These days, 80 million dollars can't even buy a super yacht. When trading billions with 40x leverage, that money is just a normal fluctuation. You go your way, I go mine." The profit he recouped is all his earnings from the past 70 days. Click to read.

4. The "killer application" of cryptocurrency is the US dollar

In Pantera's January 2024 blockchain investor letter, we discussed how cryptocurrency has become a "satirical answer to de-dollarization" (refer to Jinse Finance's previous report "The crypto 'killer app' is likely the dollar itself"). With the GENIUS Act gaining bipartisan support in the Senate, and the new administration continuously emphasizing dollar-backed stablecoins, we believe that blockchain is increasingly being viewed as a strategic tool for perpetuating the dominance of the dollar. Click to read

5. Michael Saylor: 21 Ways Bitcoin Leads to Wealth

On May 29, 2025, US time, Strategy CEO Michael Saylor delivered a keynote speech titled "21 Ways to Wealth" at the Bitcoin 2025 conference. Click to read.