According to reports, high-level economic and trade talks between China and the US were held in Geneva, Switzerland. The Chinese delegation stated that both sides had in-depth exchanges on economic and trade issues, reached important consensus, and achieved substantial progress. Both sides agreed to establish an economic and trade consultation mechanism, clarify the lead individuals, and plan to issue a joint statement on May 12.
● Macro Outlook: US April CPI data to be released on Tuesday
According to BlockBeats, on May 11, important events and data forecasts for next week: Monday: Fed Governor Cook and others to speak. Tuesday: US April CPI data. Thursday: US initial jobless claims for the week; US April PPI data; 2027 FOMC voting member and San Francisco Fed President Daly to participate in a fireside chat; Fed Chair Powell to give a keynote speech at an event; Fed to hold its second Thomas Laubach research conference. Friday: US May one-year inflation expectation preliminary value; Saturday: Fed's Barkin and Daly to speak.
According to BlockBeats, on May 11, Strategy founder Michael Saylor released information related to Bitcoin Tracker again, stating: 'Connecting the dots.' According to previous patterns, Strategy always discloses increased Bitcoin holdings the day after relevant news is released.
● Analysts have differing opinions on the altcoin season in 2025
According to BlockBeats, analyst 2Lambroz believes that the altcoin season may have arrived, but market dynamics have changed, and people lack confidence. Unlike in 2021, retail investors are not entering the market, and traders are turning over funds quickly. Technical trader Moustache is more optimistic, believing the current structure resembles 2016 and 2020, and the 2025 altcoin season has begun. Commentator Rekt Fencer is skeptical, noting that most altcoins have dropped 90% since last December, and this week's 10% rebound has triggered excessive optimism.
● ETH's return rate for week 18 of 2025 reaches 37.01%, possibly setting a historical record
According to BlockBeats, ETH's return rate this week (week 18 of 2025) has reached 37.01%. If the current increase is maintained, it will set the highest return rate record for ETH in the 18th week of history, surpassing 33.1% during the same period in 2021.
● The US SEC will hold a roundtable on tokenization
According to PANews, SEC Chairman Paul Atkins will deliver a speech on asset tokenization on May 12. On that day, the SEC will hold a roundtable themed 'Tokenization: Asset on the Chain - The Intersection of Traditional Finance and Decentralized Finance.' Participants include SEC Chairman Paul S. Atkins, Office of Crypto Policy Director Richard B. Gabbert, Commissioner Hester Peirce, as well as Cynthia Lo Bessette from Fidelity, Eun Ah Choi from Nasdaq, and Will Geyer from Invesco.
