The Binance Research report shows that in the field of AI-related cryptocurrencies, meme coins dominate with a 41% market share, while the DeFAI sector combining AI and decentralized finance currently only holds a 10% share. The report points out that DeFAI is transitioning from proof of concept to infrastructure, relying mainly on four core components: AI agents, development frameworks, protocol layers, and trading markets. Recent industry dynamics confirm the growth trend of DeFAI, such as Tether's newly launched QVAC project, which aligns with the characteristics of the DeFAI protocol framework.
The report also warns of three major risks in this area: unclear ownership definitions of AI agents, insufficient operational transparency, and potential abuse issues that may arise in decentralized governance. Researchers believe that if an effective regulatory framework is established, DeFAI is expected to reshape the on-chain financial system.
● Viewpoint: Bitcoin's dominance declines, altcoin season may be approaching
According to BlockBeats, on May 15, Bitcoin's market dominance significantly declined, sparking hopes for an altcoin season. Alphractal CEO Joao Wedson expects a full altcoin season in June. Bitcoin's dominance fell from around 65% to 62%, ending a five-month rising trend. The total market value of the cryptocurrency market increased from $2.9 trillion to $3.24 trillion.
Wedson pointed out that investor interest is shifting towards alternative coins, and the altcoin season has begun, with Bitcoin's dominance expected to decline rapidly in the coming months. His altcoin season index shows that 37 out of 57 altcoins have outperformed BTC. Wedson stated on X that most altcoins have rebounded from their lows and are unlikely to fall below recent prices. Some of Bitcoin's market value may flow into altcoins, suggesting analysis of altcoin trading pairs against BTC. However, CoinMarketCap's altcoin index remains at 27, indicating that the bull market has yet to expand beyond BTC.
● Data: SOL realized market cap inflow growth reached 4 to 5%, market sentiment may be recovering
According to BlockBeats, on May 15, SOL's realized market cap inflow growth reached 4 to 5%, marking the first positive turn after several weeks of capital outflow. Although it seems moderate compared to the frenzy period from late 2024 to early 2025, it usually indicates that traders are positioning themselves for a rebound or that market selling pressure is nearing its end. Realized market cap reflects the true movement of funds by tracking the last dollar value of on-chain tokens, filtering out speculative price fluctuations. Although SOL's current price has not significantly reflected this, the positive turn in realized market cap indicates that buying power is accumulating, and market sentiment recovery may have begun.
● Abu Dhabi Sovereign Wealth Fund holds over $400 million in BlackRock Bitcoin ETF
According to Deep Tide TechFlow, the Abu Dhabi Sovereign Wealth Fund Mubadala holds 8,726,972 shares in the iShares Bitcoin Trust (IBIT), worth approximately $408.5 million. On March 20 of this year, the U.S. cryptocurrency policy head held high-level talks with UAE officials about the future development of digital currency.
● The U.S. Senate will vote on May 19 on the (GENIUS Act), impacting stablecoin regulation
According to Odaily Planet Daily, U.S. Senate Majority Leader John Thune has submitted a motion to end debate on the (GENIUS Act), which is scheduled for a vote on May 19. The bill requires issuers with assets exceeding $10 billion to be regulated by the Federal Reserve, while smaller institutions will be regulated at the state level, and all stablecoins must be fully backed by assets such as dollars or government bonds. The latest amendment adds three provisions: stricter rules for tech companies involved in financial assets, enhanced consumer protection mechanisms, and increased oversight of government officials. The House of Representatives has passed a similar (STABLE Act), requiring transparency for issuers of stablecoins like USDT. If passed, the bill will become the first federal legislative framework for stablecoins in the U.S., impacting regulatory directions in the digital asset area.
● JPMorgan: Bitcoin's upside potential in the second half of the year may exceed that of gold
According to Foresight News, JPMorgan analysts stated that driven by increased corporate purchases and support from various U.S. states, Bitcoin's price may continue to rise in the second half of this year, while gold prices may decline. Since peaking on April 22, gold prices have fallen nearly 8%, while Bitcoin has risen 18% during the same period. Analysts noted that this shift is also evident in investor flows, with funds moving from gold exchange-traded funds (ETF) to spot Bitcoin and cryptocurrency funds over the past three weeks.
● JPMorgan CEO Jamie Dimon warns of recession risks
According to Deep Tide TechFlow, on May 15, CNN reported that the U.S. and China agreed to lower tariffs, but JPMorgan CEO Jamie Dimon still warned of recession risks. At JPMorgan's annual meeting in Paris, Dimon told Bloomberg Television that he does not rule out the risk of recession. Previously, JPMorgan economists had lowered the U.S. recession risk from 60% to below 50%. The market reacted strongly to the positive progress in U.S.-China trade negotiations, with the Dow Jones index surging by 1,100 points at one point. Dimon stated that while he does not often meet with President Trump, he maintains communication with government officials.
● The U.S. April PPI annual rate drops to 2.4%, hitting a new low since last September
According to Jin Ten Data, the U.S. April PPI annual rate recorded 2.4%, marking the third consecutive month of decline and the lowest since last September. The April PPI monthly rate recorded -0.5%, a new low since April 2020, far below the market expectation of 0.2%.
