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CryptoWorld News reports that on May 21 local time, the U.S. House of Representatives Committee on Energy and Commerce passed relevant bills, including the Sunshine Protection Act, with 48 votes in favor and 1 vote against, aiming to permanently implement daylight saving time. Trump said that making frequent clock adjustments every year causes individuals, cities, and state governments to spend “hundreds of millions of dollars,” especially since high tower clocks require heavy equipment to adjust, making the cost very high. He added that the House plans to attach the Sunshine Protection Act to the “Highway Bill” to advance the legislation and said they will “work very hard” to push for the bill to be ultimately signed into law.

ME News Update, May 15 (UTC+8), according to CoinMarketCap market data, BTC drops below $80,000, currently priced at $79,948, a 24-hour decline of 1.7%. (Source: CoinMarketCap)

ME News Report, April 17 (UTC+8), U.S. President Trump stated that he might travel to Islamabad once an agreement is reached, but no decision has been made yet. There may be more negotiations regarding the Iran deal this weekend. The U.S. will continue to blockade the Strait of Hormuz until an agreement is reached with Iran: The U.S. will cooperate with Iran to recover its enriched uranium and transport it back to the United States. There will be no financial exchange in the potential deal with Iran, and efforts are underway with Iran to clear mines from the Strait of Hormuz. (Jinshi) (Source: ODAILY)

BlockBeats News, May 21 — Blockchain.com has secretly filed for an IPO in the United States.

CryptoWorld News reports that Trump is expected to sign an AI regulation order tomorrow, requiring companies to submit these models to the government before publicly releasing new AI models.

CryptoWorld News reports that the top five spot Bitcoin ETFs collectively hold 1,239,336 BTC, with a market value exceeding $95.3 billion.

Mars Finance News: According to Gate Market Data, the US Dollar Index DXY dropped more than 20 points in the short term, currently at 99.25.

CryptoWorld News reports that Federal Reserve's Barkin stated he does not believe that the net impact of artificial intelligence on employment will be negative, but he pointed out that the transition period could be challenging.

OpenClaw v2026.5.20 Reconstructed authorization, deeply integrated Discord real-time voice and strategy control, removed cat-style execution whitelist. After the upgrade, load Skills with read, and the system only permits verified executable files. Real-time voice added dynamic follow, multi-user switching, retaining DAVE recovery; session injection of profile context, which can be disabled. Added Policy, xAI device code login, per-Agent localModelLean; OpenRouter routing override parameters. Codex upgraded to 0.132.0, fixed anomalies. Source: BlockBeats

On-chain analysis firm CryptoQuant states that Bitcoin's current trend is similar to the bear market phase in March 2022, with market sentiment having re-entered the "extremely bearish" zone. The report says that Bitcoin's recent rebound was blocked near the 200-day moving average around $82.4k, then fell back to around $76k, a pattern similar to the "rebound followed by a decline" in the 2022 bear market. CryptoQuant points out that Bitcoin demand has shifted to contraction, with speculative demand for perpetual contracts significantly slowing, and the US spot Bitcoin ETF has also turned into net selling; at the same time, Coinbase Bitcoin premium remains negative, indicating that US institutional and retail funds have not yet clearly flowed back into the market. (The Block)

CoinJie.com reports that OnchainLens reported that a whale increased its 25x leveraged Ethereum long position to 18,100 ETH, with Ethereum’s market value of approximately $38.5 million. At the same time, he still holds 10x leveraged long positions in ZEC and HYPE, with floating profits exceeding $7.6 million. On the other hand, Machi deposited $200,000 USDC into its 25x leveraged Ethereum long position, increasing its position size to 6,375 ETH, with Ethereum’s market value of approximately $13.5 million.

South Carolina becomes one of the first states to officially establish crypto protections, with the governor signing Senate bill to pave the way for crypto use.
The new law prohibits discriminatory taxes on businesses paid with digital assets, and digital assets no longer enjoy separate tax treatment, with no additional taxes on crypto transactions within the state.
The bill supports mining industry, allowing mining companies to be exempt from certain permits, and imposes restrictions on industrial energy-related mining.
At the same time, it permanently bans state agencies from accepting or requesting CBDC payments, promoting crypto adoption.

AIMPACT announced a commitment of over $20 billion over three years on May 15, enhancing future order visibility, with Wall Street willing to pay a premium for certainty. Cerebras' 2025 revenue is $510 million, a 76% year-over-year increase, achieving GAAP profit, but approximately $363 million is non-cash income, with core operations still losing $146 million. The market is betting on the growth curve and increased demand for AI inference. Cerebras is focusing on cloud inference services as its core, transforming into a cloud computing service provider, entering the territory of giants like AWS.

CryptoWorld News: U.S. President Trump stated to the media at the White House that Iran must surrender its high-enriched uranium. Once the U.S. obtains it, it is very likely to destroy it. He pointed out, "We will get those high-enriched uranium. We don't need it, and we don't want it. Once we get it, we will probably destroy it. We won't let them have it." Trump also mentioned that negotiations are ongoing between the U.S. and Iran, and the outcome remains to be seen. Trump has previously threatened Iran multiple times to surrender its enriched uranium. On the 10th, U.S. officials said that the U.S. has been monitoring Iran's enriched uranium buried beneath the ruins, and the U.S. Space Force is responsible for this.

Glassnode's RHODL ratio rises to 4.5, the third highest in history, indicating that long-term holders are dominating the market. Over the past six months, BTC has fallen about 50%, with short-term speculation sharply decreasing, bringing the market closer to a cycle bottom. Historically, the ratio was higher in May 2015 and July 2022, both associated with bottoms, but analysts say that if it rises further, it would require extremely shrinking short-term demand, and current factors such as existing rebounds, negative perpetual funding rates, and new highs in the S&P 500 suggest that extreme market conditions are less likely (MLion).

CoinWorld News: Well-known trader Loracle has reduced his HYPE short positions by 7,123.63 tokens within the HyperLiquid ecosystem, approximately worth $2.03M.
The current position size is $108 million, with an average price of $45.26, and a current profit and loss of -$26.42 million (-122.32%).
The current token price is $59.91, and the liquidation price is $78.87.