Weekly Crypto Market Outlook: Key Events from May 27 to June 1

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Highlights of the Week


Detailed Event Breakdown

May 27 (Monday)

Neo (NEO) Network Upgrade & Hard Fork

Binance will suspend NEO deposits/withdrawals from 05:00 UTC to support the upgrade at block height 5,450,000.

Sei V2 Mainnet Upgrade

Approved via Proposal 55, the EVM-compatible upgrade aims to enhance scalability and interoperability.

MON Protocol Staking Launch

Memeland's MON staking platform goes live, offering MEME and partner token rewards.

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Bitlayer's Mining Gala

Seven ecosystem projects collaborate for a $23M+ token airdrop campaign running until June 10.


May 28 (Tuesday)

LSE Crypto ETNs Trading Launch

Bitcoin and Ethereum Exchange-Traded Notes commence trading on the London exchange.

Ryan Salame Sentencing

Former FTX executive faces 5-7 years imprisonment per US prosecutors' recommendation.

LayerZero Sybil Bounty Reopening

Submission window reopens with 0.5 ETH deposit requirement to deter low-quality reports.


May 29 (Wednesday)

SEC Bitcoin ETF Options Decision Deadline

Critical regulatory milestone for derivatives trading on spot Bitcoin ETFs.

BNB Greenfield Serengeti Hard Fork

Erdos upgrade implements at block height 7,861,456 (~07:00 UTC).

C.Ronaldo NFT Drop on Binance

Exclusive collection showcasing the footballer's career milestones.


May 30 (Thursday)

Coinbase International Perps Listing

BONK, FLOKI, and SHIB perpetual contracts launch with 1000x leverage.

VAEX Hong User Ban

Platform complies with HK regulations by halting local trading services.


May 31 (Friday)

OKX Hong Kong Service Wind-Down

Centralized trading terminates; withdrawal services remain operational.

Ternoa zkEVM Testnet Launch

Privacy-focused L2 solution powered by Polygon CDK goes live.


June 1 (Saturday)

BlockFi Platform Closure

Final shutdown after prolonged bankruptcy proceedings.

Dogechain Wallet Sunset

Users urged to migrate assets before service termination.

ANVL Governance Token Airdrop

1:1 distribution for AMP stakers on Capacity platform.


Pending Dates

FAQs

Q: Can Hong Kong users access OKX after May 31?
A: Only withdrawals via Web3 wallets will remain available.

Q: What's the LayerZero bounty submission process?
A: Pay 0.5 ETH deposit, submit report by May 30, receive refund post-TGE.

Q: How to claim ANVL airdrop?
A: Ensure AMP collateral on Capacity before June 1 snapshot.

๐Ÿ‘‰ Stay updated on crypto regulations


Note: All times converted to UTC for global reference. Events subject to change based on regulatory developments.