May 14 Hot Topics:
1️⃣ CPI data lower than expected:
April CPI year-on-year growth of 2.3%, lower than the expected 2.4%
This is the lowest inflation data since February 2021
2️⃣ Cryptocurrency Market:
Bitcoin breaks $100,000, Ethereum returns to $2,600
Market sentiment index is in the "Greed" zone
3️⃣ Coinbase to join S&P 500 Index:
This marks an important milestone for the cryptocurrency industry, showing increased recognition of crypto assets in mainstream financial markets
4️⃣ Regulatory Dynamics:
SEC Chair states the priority is to establish a reasonable crypto regulatory framework
Dubai government announces acceptance of Bitcoin payments
5️⃣ Institutional Participation:
BlackRock buys Bitcoin for 20 consecutive days, totaling 686 coins
VanEck launches a $120 billion tokenized treasury fund
6️⃣ Tokenization Trends:
SEC Commissioner states that tokenization will change the financial industry, potentially benefiting RWA tokens
Multiple AI-related crypto projects are gaining attention
7️⃣ Market Predictions:
Some analysts predict Bitcoin could reach $400,000, Ethereum may reach $10,000
8️⃣ Meme Activity:
Multiple viral meme projects emerge in the Sol ecosystem
PumpFun announces a new revenue-sharing model
Wishing you successful trading, always keep DYOR!
#BTC #ETH