According to data from the Dede Think Tank, as of May 18, 2025, at 12:00, there are 16,552 cryptocurrencies in the global cryptocurrency market, with a total market capitalization of $3,387,150,192,193 (approximately $338.71 billion). This week, the total market capitalization of cryptocurrencies decreased by approximately $10.74 billion compared to last week, a decline of about 3.07%.

The global mainstream cryptocurrency market declined overall last week.

According to data from the Dede Think Tank, by May 18, 2025, at 12:00, the mainstream cryptocurrency market fell overall last week.

Among them, BTC price rose from $104,027.72 to $106,446.01, an increase of approximately 2.32%;

ETH price fell from $2,542.91 to $2,498.23, a decline of approximately 1.75%;

BNB price fell from $666.87 to $652.16, a decline of approximately 2.20%;

LTC price fell from $104.15 to $101.18, a decline of approximately 2.85%;

DOT price fell from $5.13 to $4.80, a decline of approximately 6.42%.

SOL price fell from $176.89 to $173.90, a decline of approximately 1.69%.

This week, the overall market capitalization of the top 30 cryptocurrencies increased by 1.05% compared to last week.

According to data from the Dede Think Tank, as of May 18, 2025, at 12:00, there are 16,552 cryptocurrencies in the global cryptocurrency market, with a total market capitalization of $3,387,150,192,193 (approximately $338.71 billion). This week, the total market capitalization of cryptocurrencies decreased by approximately $10.74 billion compared to last week, a decline of about 3.07%.

The total market capitalization of the top 30 cryptocurrencies is $3,190,093,151,734 (approximately $319 billion), accounting for about 94.18% of the total market capitalization of all cryptocurrencies, an increase of approximately 1.05% compared to last week.

This week, the market capitalization ranking first is BTC, approximately $211.46 billion, accounting for 62.43% of total market capitalization, an increase of 3.30% compared to last week.

The second rank is ETH, with a market capitalization of approximately $30.16 billion this week, accounting for 8.90% of total market capitalization, an increase of 0.11% compared to last week.

The third rank is USDT, with a market capitalization of approximately $151.4 billion this week, accounting for 4.47% of total market capitalization, an increase of 0.18% compared to last week.

The overall ranking of cryptocurrencies in the top 30 shows little fluctuation, with the specific distribution of each cryptocurrency's share shown in the figure below:

This week, the top 30 cryptocurrencies by market capitalization are divided into sectors such as public chains, platform coins, stablecoins, tokens, DeFi, MEME, etc.

The sector with the highest share is public chains, followed by platform coins. The distribution of the sector classification of the top 30 cryptocurrencies is shown in the figure below:

This week, there is no significant fluctuation in the Bitcoin mining pool share.

According to statistics from the Dede Think Tank, this week Bitcoin produced a total of 1,003 blocks. Among them, there was 1 empty block, accounting for 0.10%. This week, the share of the top 10 Bitcoin mining pools accounted for 95.60% of the total share, with the specific distribution of mining pool shares shown below:

Weekly News Review

Industry Progress

  • a16z founder: Autonomous agents have been launched, allowing complete control of user computers.

  • Social investment platform Stocktwits launched a comprehensive crypto service platform, Cryptotwits.

  • SEC Chairman Paul Atkins: Appropriate standards will be established for the crypto market.

  • SEC Chairman Paul Atkins: Rules for cryptocurrency brokers may undergo comprehensive reform.

  • WLFI: Trump has not launched a new cryptocurrency project.

  • The South Korean Democratic Party established a digital asset committee ahead of the presidential election.

  • U.S. lawmakers: Trump's involvement in crypto makes legislation 'more complicated', but the stablecoin and market structure bill is still expected to pass before August.

  • Coinbase offers a $20 million reward to track down data thieves attempting to extort its exchange.

  • U.S. government officials: The Treasury may issue a general license covering a wide range of economic sectors in the coming weeks.

  • Galaxy Digital officially listed on Nasdaq, stock code GLXY.

  • The Texas Bitcoin reserve bill is scheduled for a second review on May 20.

Investment and Financing

  • The Solana ecological ticketing platform XP completed a $6.2 million seed round of financing.

  • AI video platform Hedra completed a $32 million Series A financing, led by a16z.

  • U.S. publicly listed company BTCS will raise $57.8 million to accumulate ETH.

  • The Blockchain Group completed over €22 million in financing to accelerate its Bitcoin funding strategy.

  • Blockchain cloud computing company Nirvana Labs completed a $6 million seed expansion round of financing, led by Jump Crypto and others.

Weekly Policy Review

  • Nebraska passes a new law to increase Bitcoin mining difficulty.

  • The Central Bank of Brazil proposed strict regulations on the transfer of stablecoins.

  • Ukraine considers establishing a strategic cryptocurrency reserve.

  • The UK will require cryptocurrency companies to report user and transaction data starting in 2026.

  • The U.S. SEC will review executive compensation disclosure rules.

Investment Calendar

May 12 (Monday)

  • Canadian tech company Matador plans to raise CAD 3 million, part of the net proceeds intended for increasing Bitcoin holdings.

May 13 (Tuesday)

  • U.S. real estate asset management company PREH launched a $100 million tokenized fund with institutional support.

May 14 (Wednesday)

  • Canaan Technology: In April, 87 BTC were mined, increasing the total Bitcoin holdings to 1,424 BTC.

May 15 (Thursday)

  • U.S. publicly listed company BTCS will raise $57.8 million to accumulate ETH.

May 16 (Friday)

  • Brazilian listed company Méliuz has purchased Bitcoin worth $28.4 million.

May 17 (Saturday)

  • The mayor of Panama City hinted at establishing a Bitcoin reserve.

May 18 (Sunday)

  • Hong Kong police dismantled a money laundering group that used virtual asset exchange shops, involving amounts as high as 118 million HKD.