CME FedWatch: Fed Rate Hike Probability for the Year Exceeds 67%

On May 24, data from Onchain Lens shows a whale took a 25x leveraged long position in 2,700 ounces of gold valued at $12.6 million. The whale also holds a 20x leveraged short position in crude oil, with over $324,000 in current unrealized gains.

May 24 — Keyrock’s latest report underscores that crypto rails are rapidly emerging as the default payment layer for AI agents. Over the past year, AI agents have completed more than 176 million blockchain transactions, with a total settlement value exceeding $73 million. As AI agents autonomously procure data, cloud computing power, API services, and AI inference resources, traditional credit card payment systems have failed to adapt to high-frequency, micro-payment scenarios. Data shows roughly 76% of AI agent payments are below 30 cents, and some on-chain stablecoin transfers cost only a fraction of a cent. Major players including Coinbase, Stripe, Google, and Visa have all started building infrastructure for machine-to-machine payments. Among them, Coinbase’s x402 protocol allows AI agents to directly use USDC for on-chain analytics and cloud service fees. Currently, 98.6% of AI agent payments are settled via USDC. The report notes this trend further strengthens Circle’s promine

### Market Holiday & Early Trading Session Advisory **Effective May 25 Observations:** In observance of Memorial Day, the U.S. stock market will remain fully closed on Monday, May 25. For CME Group futures contracts trading on May 26 Beijing Time: - Precious metals and WTI crude oil futures will close early at 02:30 Beijing Time - U.S. stock index and Treasury futures will wrap up trading early at 01:00 Beijing Time In Asia-Pacific, Vesak Day holidays will impact markets on May 25: - The Hong Kong Stock Exchange is closed, with Southbound and Northbound trading links suspended - The South Korean stock market is also closed In Europe, the U.K. Spring Bank Holiday will lead to the closure of the U.K. stock market on May 25. ICE Brent crude oil futures will close early at 01:30 Beijing Time on May 26. Investors are urged to plan accordingly. Source: FXStreet

On May 24, HTX Markets data shows RAIL—the token of privacy protocol Railgun—briefly spiked above $4.7 before pulling back. It is now trading at $4.01, boasting a more than 73% gain in value over the past 24 hours.

On May 24th, Alternative Data reports that today’s cryptocurrency Fear & Greed Index fell to 25—down from yesterday’s reading of 28—slipping back into the “extreme fear” zone. The index’s average over the past week currently stands at 27. For context: The Fear & Greed Index operates on a 0-to-100 scale, calculated using six weighted metrics: Volatility (25%), Market Volume (25%), Social Media Hype (15%), Market Surveys (15%), Bitcoin’s Dominance (10%), and Google Trends Analysis (10%).

On May 24, on-chain analytics firm Yujin Monitoring reported that a crypto whale recently transferred 19 million USDC to the Hyperliquid exchange to buy HYPE ahead of the token’s breakout to a new all-time high. The whale has since converted 16.26 million USDC into 30.4k HYPE tokens, at an average purchase price of $53.7 per HYPE. With HYPE surging to $63.5 to hit a new peak, the whale’s “buy the dip” strategy has generated $2.97 million in unrealized gains.