May 23 Crypto Market Morning Report: BTC Hits New High, Market Focuses on Regulatory Trends and Ecological Progress
Market Overview
1. BTC breaks through $111,889, demand in the options market surges, bullish sentiment continues to rise, and market consensus strengthens.
2. ETH strongly rebounds, hitting the $2,700 mark, ecological activity picks up, and subsequent momentum deserves attention.
3. SOL faces short-term pressure, fluctuating around 180, the on-chain Meme craze recedes, and liquidity changes should be monitored.
Key News Briefing
SUI ecological security incident update: $160 million stolen from Cetus has been frozen, Sui ecological risk temporarily alleviated.
Regulatory Trends: SEC delays approval for multiple crypto ETFs but officially accepts the Staked TRX proposal, progress in compliance staking narrative.
Policy Impact: The U.S. Supreme Court rejects Trump's removal request, the Federal Reserve's policy independence solidifies, and the macro environment for the crypto market stabilizes.
Politics and Crypto: The Democratic Party proposes regulatory legislation targeting Trump-related Memecoin activities, and the Meme sector may face policy risks ahead of the election.
Exchange Dynamics: Robinhood launches MEW and MooDeng spot trading, low market cap Meme projects receive platform support.
Derivatives Market: A CFTC commissioner reveals perpetual contracts may enter the U.S. market, compliance futures track is expected to expand.
Ecological Cooperation: R3 and Solana Foundation reach a strategic partnership, accelerating the integration of alliance chain and public chain technologies.
Project Updates: Believe suspends automatic token issuance mechanism, shifting to manual review, raising the threshold for project revival.
Traditional Assets on Chain: Kraken adds over 50 tokenized stocks and ETFs for trading, covering assets like Tesla and Apple.
AI and Blockchain: Messari launches the Mira protocol, aimed at addressing AI model hallucination issues, continuing the narrative of technological integration.
New Meme Project Watch: The Virtuals.io token built by Vader Research shows active performance, with market enthusiasm yet to be validated.
(Market volatility and policy uncertainty coexist, suggesting that investors pay attention to fundamental changes and rationally allocate assets.)
