Watch the tokenomics of FARM and HIGH tokens in the Pinecone Finance market.
May 26 — Per market data, tokens FARM and HIGH saw significant price swings in recent trading hours. FARM surged 25% to $7.77 from $6.13 over the past hour, then dipped to $6.33, and is now trading at $6.5. HIGH followed a similar trajectory: it hit $0.178 before falling to $0.138, and currently sits at $0.144, with an approximate 29% fluctuation in the last two hours.
Earlier, Binance added both FARM and HIGH to its observation watchlist on April 14. Notably, FARM is scheduled for delisting tomorrow at 11:00 UTC+8.
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The EU is planning to impose a fine of nearly €1 billion on Google
May 26 – Reuters reports the European Union is planning to fine Google nearly 1 billion euros, a penalty that would rank as the largest ever issued under the bloc’s Digital Markets Act (DMA), with a formal announcement expected before the summer break.
The probe into Google was officially launched in March 2025, centered on allegations that the company has unfairly prioritized its own services in search results – a violation of DMA rules. The European Commission noted its primary goal is ensuring Google complies with regulations, not just imposing fines, but emphasized it will not hesitate to take additional action if needed.
Google, meanwhile, criticized the DMA for triggering what it calls the “biggest demotion” to its search product, and said it aims to resolve the dispute as soon as possible.
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Binance Returns to the Philippine Market Through Regulatory Sandbox
May 26, Binance announced it’s returning to the Philippine market in a regulatory-compliant manner through a partnership with local firm BlockShoals. The collaboration will operate under the Philippines Securities and Exchange Commission (SEC)’s regulatory sandbox framework, allowing Binance to transition from its restricted status—rooted in earlier regulatory issues—to an officially authorized testing phase.
The regulatory sandbox will let Binance offer trading and other services in a controlled environment, with the potential to secure a formal operating license once the testing period wraps up. For context: Binance had run operations in the Philippines before, but the SEC restricted it in 2024 for operating without the required licenses.
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Analysis: Bitcoin's Short-Term Turnover Dives Significantly, Market Now Near Bottom
May 26th. Analyst Murphy noted that Bitcoin’s current market conditions are best observed via the “Short-Term On-Chain Activity Value Weight” — the share of on-chain USD value attributed to short-term chip turnover. This indicator tracks the latest short-term trading behaviors: speculation, arbitrage, profit-taking, or panic selling. Currently, this weight has fallen to a historically low level, a threshold only ever seen during bear market bottoms in the past 15 years. This points to a significant drop in short-term turnover, with economic value shifting toward long-term chip accumulation, signaling the market is in a phase of low volatility, accumulation, or clear bottom characteristics.
Murphy believes that, based on this data, the market could currently be in one of three stages: a bear market bottom, a secondary bottom (possibly involving one final drop), or pre-bull market accumulation. However, rational analysis temporarily rules out the pre-bull accumulation scenario. He advis
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The OpenAI Pre-IPO valuation on Binance is trading at a premium of approximately 16% compared to trade.xyz, with an estimated $1.6 trillion valuation.
May 26 update from BlockBeats: Following the launch of OpenAI U Perpetual Futures pre-IPO trading on Binance, the platform’s "estimated per-share price" briefly spiked to $1,630, and is currently trading at $1,600—putting OpenAI’s projected post-listing market capitalization at $1.6 trillion.
Separately, on Hyperliquid ecosystem’s trade.xyz trading platform, OpenAI’s current "estimated per-share price" stands at $1,378, translating to a $1.378 trillion post-listing market cap. This means Binance is charging a roughly 16% premium over trade.xyz’s pricing.
Earlier this month, OpenAI CEO Sam Altman noted that even if the company files for an IPO quickly, it may not go public immediately. The firm’s earliest listing target is September, though the timeline remains flexible. Goldman Sachs and Morgan Stanley are among the investment banks assisting OpenAI with drafting its IPO prospectus.
According to PolyBeats’ monitoring of prediction market Polymarket, the odds of OpenAI going pu
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