5.09 Texas Hold'em Morning Report:

All I can say is that at least this season allows people to start speaking secretly!!!

1. $BTC is moving towards a new high. I mentioned a few days ago that if it doesn't reach a new high this time, it seems no different from not pumping. Currently, it's stabilizing above 103000, aiming for the previous high;

2. The long-awaited ETH season has arrived, with a daily increase of over 20%, leaving the exchange rates in a state of confusion, giving a sense of "sudden realization". Whether it's really a change of market makers as the Dubai conference attendees said can only be seen if the foundation sells off;

3. $SOL can only be described as tragically lamentable, as S surprisingly followed E's lead, showing a larger increase than BTC but smaller than E;

4. Trump: It's best to hurry and buy stocks now;

CZ: Investing in Bitcoin is easy, just don’t panic sell;

5. The US SEC is considering an exemption order to allow compliant issuance and trading of tokenized securities;

6. Coinbase announced its Q1 2025 financial report, with revenue of $2.03 billion, below market expectations of $2.2 billion;

The Wall Street Journal: Coinbase will acquire the crypto options platform Deribit for $2.9 billion;

7. Ripple has officially reached a settlement agreement with the SEC, requesting the court to lift the injunction and allocate the fines;

8. Celsius Network founder Alex Mashinsky has been sentenced to 12 years in prison for cryptocurrency fraud;

9. The US Senate has postponed the stablecoin regulatory bill vote due to Trump's cryptocurrency controversy;

10. Missouri plans to eliminate capital gains tax, with Bill 594 submitted for the governor's signature;

11. Peirce criticizes the mismanagement of Bitcoin ETF approvals, reminding investors to be patient with crypto ETPs;

12. @SkaleNetwork launched the BITE Protocol, aiming to prevent MEV attacks from the consensus layer;

13. Trump previously supported including XRP, SOL, and ADA in the cryptocurrency strategic reserve, and the related personnel have been expelled from the White House;

The Mar-a-Lago cryptocurrency incident is escalating, and Brian Ballard has been sidelined by the White House;

14. Binance Alpha launched the Sonic Chain trading competition, offering rewards equivalent to $2.2 million;

Suspected support for the development of $S;

15. @virtuals_io directly broke through 2u, strongly standing above it, and the ecosystem Genesis can have fun again;

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I can only say that this market is something I didn't expect. After all, just a few days ago everyone was talking about shorting, and suddenly it skyrocketed into a bull market. But thankfully, too many positions were trapped, which is just right for clearing some positions. 😭.

#Bitcoin #Ethereum #Crypto #Solana