Daily Crypto & Economic Pulse – May 7, 2025
Today’s economic and political developments are poised to ripple through the crypto markets, with regulatory shifts and macroeconomic trends creating both opportunities and challenges for investors. China’s central bank cut key interest rates and reserve ratios to counter trade tensions with the U.S., injecting ~$139B in liquidity. This stimulus could boost risk assets, including crypto, as investors seek higher yields amid looser monetary policy. Meanwhile, the U.S. dollar weakened further amid uncertainty over trade negotiations, potentially benefiting Bitcoin and altcoins as hedges against currency volatility.
Celestia (TIA) is gaining traction as its modular data availability network sees increased adoption by Layer 2 solutions, enhancing scalability for Ethereum-compatible chains.
Sei Network (SEI) is making waves with its high-speed, Cosmos-based infrastructure, attracting DeFi projects seeking low-latency trading.
Meme coins remain in focus, with dogwifhat (WIF) sustaining community-driven momentum. Its recent integration into a major NFT marketplace has reignited speculative interest.
Regulatory Watch: The proposed repeal of SEC’s SAB 121 may ease crypto custody rules for banks, fostering institutional adoption. However, tighter stablecoin regulations under the GENIUS Act could reshape stable asset markets.
Stay tuned for tomorrow’s updates.