1. Musk is about to leave his unfulfilled ambitions DOGE
On May 29, Musk confirmed the news of his resignation in a post on X and thanked President Trump for "giving the opportunity to reduce wasteful spending." The White House "removed" Musk from his position as a special government employee on Wednesday evening local time. Click to read
2. A quick look at 21 golden quotes from the Bitcoin 2025 Conference
On May 29th, US time, the Bitcoin 2025 Conference came to a successful conclusion. Many industry leaders delivered important speeches. Golden Finance has selected 21 golden quotes to take you back to the highlights of the Bitcoin 2025 Conference. Click to read
3. James Wynn, the giant contract whale, finally went bankrupt. Gamblers will not leave the gambling table even after losing all their money
Bitcoin has fluctuated at a high level recently, James Wynn was like a monkey performing acrobatics on a tightrope, opening multiple large positions and jumping back and forth between long and short positions. On May 29, when all the profits on his Hyperliquid were vomited out, he still said on X, "Is $80 million considered making you rich? These days, $80 million can't buy you a super yacht. When billions of dollars are traded with 40 times leverage, this amount of money is a normal fluctuation. You go your way, and I go mine." The profits he vomited out were all his profits in 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 the "ironic answer to de-dollarization" (see Golden Finance’s previous report "
“The crypto ‘killer app’ may well be the dollar itself.” With the GENIUS Act gaining bipartisan support in the Senate and the new administration’s continued emphasis on dollar-backed stablecoins, we believe blockchain is increasingly being viewed as a strategic tool to continue the dollar’s dominance.
Click to read5. Michael Saylor: Bitcoin and 21 Ways to Wealth
On May 29, 2025, US time, Strategy CEO Michael Saylor delivered a keynote speech entitled "21 Ways to Wealth" at the Bitcoin 2025 Conference. Click to read