azsKOL

Current Fear and Greed Index: 64
Level: Greed

Description: The fear index ranges from 0 to 100 and includes indicators: Volatility (25%) + Market Trading Volume (25%) + Social Media Hype (15%) + Market Surveys (15%) + Bitcoin's Proportion in the Overall Market (10%) + Google Trends Analysis (10%).

Elon Musk stated this morning that the new feature XChat on the X platform has been launched, featuring information encryption, message self-destruction capabilities, and the ability to send any type of file, as well as support for audio/video calls. The application is built using the Rust programming language, employing encryption technology similar to Bitcoin and adopting a brand new architecture. #马斯克宣布离开特朗普政府

What price does Bitcoin need to reach to trigger an altcoin rally?

Arthur Hayes: I believe Bitcoin needs to break through $110,000 and continue to rise to the $150,000–$200,000 range. I anticipate this situation will occur in the summer or early third quarter of this year, after which funds will start rotating into various altcoins.

Q4: Expectations for bull market gains
Anna: Do you think the upcoming altcoin rally will see a crazy supercycle surge like in 2021? Or will it only see a slight rebound?

Arthur Hayes: It's unlikely to replicate the 100-fold surge of all coins like in 2021. The market will have new narrative hotspots, and certain coins may skyrocket, but there’s a reason why those long-stagnant 'dinosaur coins' in your portfolio aren't rising. Many projects have inflated valuations, low circulation, and lack real users and revenue, relying solely on exchange listings for speculation. Now their prices have dropped by 95%, and I don't believe they will perform well in the next cycle.

Summary of Important Events in the Cryptocurrency Sector on May 156
JPMorgan: JPMorgan settles tokenized U.S. Treasury transactions for the first time through a public blockchain.

Coinbase: Coinbase CEO states that cryptocurrency will "become a part of everyone's 401(k) retirement account."

Bitcoin Price Prediction: Blockstream CEO indicates that Bitcoin could rise to $500,000 to $1,000,000 in this cycle.

Brazil Regulation: The Central Bank of Brazil proposes strict regulation on transfers of stablecoins.

Ukraine Plan: Ukraine plans to launch a strategic Bitcoin reserve based on new cryptocurrency laws.

France Security Conference: France will hold a security conference for the cryptocurrency industry to address a series of kidnapping incidents.

Tiger Brokers: Tiger Brokers (Hong Kong) launches cryptocurrency deposit and withdrawal services, supporting major cryptocurrencies like BTC and ETH.

Nebraska Bill: The Nebraska legislature passes LB 526, imposing new requirements and cost pressures on Bitcoin mining operations.
Democratic Party Action: The Democratic Party demands the Treasury provide a "suspicious activity report" regarding Trump’s cryptocurrency investments and mentions Sun Yuchen.

Cryptocurrency Startup Valuations: 10T Holdings reports that many cryptocurrency startups are scaring off venture capital firms with valuations of 50 to 80 times.

Financing: Vinanz secures $4 million in bridge financing to expand Bitcoin operations, with the first $2 million already received.

Collaboration: FalconX partners with Standard Chartered Bank, focusing on services for institutional cryptocurrency investors.

Bitcoin Security Budget: Etherealize co-founder states that Bitcoin's outlook is concerning due to security budget issues, as a 51% attack currently requires only $8 billion.

Bitcoin Market: BTC is currently priced at approximately $103,197, down about 0.42% from yesterday, with an intraday fluctuation range of $102,240-$105,863. There is a capital outflow phenomenon in Bitcoin ETFs, with about $96 million flowing out, led by Fidelity's FBTC. The current fear and greed index for the cryptocurrency market is 70, indicating a level of "greed."

Ethereum Market: ETH is currently priced at approximately $2,584.98, down about 3.13% from yesterday, with an intraday fluctuation range of $2,505-$2,699. On May 14, there was a net inflow of $13.5 million into U.S. spot Ethereum ETFs, with ETHV seeing a net inflow of $3 million and EZET a net inflow of $3.1 million.

On May 9, 2025, under the dome of Capitol Hill in Washington, a vote that was supposed to go down in the annals of cryptocurrency history dramatically ended with a vote of 48 to 49. The "GENIUS Act"—legislation aimed at establishing a federal regulatory framework for stablecoins, was killed due to a collective defection by the Democrats.

On May 8, Binance founder CZ posted on X that "investing in Bitcoin is easy, just don't panic sell." #

The Federal Reserve maintains interest rates, and Powell assures a robust economy. This decision stabilizes market confidence in the U.S. economy, indicating that the Fed believes the current economic situation can maintain stable development at existing interest rate levels. It also sends a signal to the market that the monetary policy will not be easily changed due to external factors such as trade wars.

U.S.-China Trade-related Events and Impacts

• The United States may relax AI chip export restrictions: The market expects the U.S. to ease restrictions on AI chip exports to China. This expectation has improved market outlook on the chip industry, driving chip stocks higher and subsequently pushing the three major U.S. stock indices to close up, reflecting a positive market response to the easing of tensions in the U.S.-China technology sector.

• U.S.-China Talks: U.S.-China talks will commence on May 10, marking an important engagement in the trade and economic field. The market has certain expectations for the talks, hoping that they can resolve some trade dispute issues and reduce trade uncertainty, leading to improved market sentiment ahead of the discussions.

• China cuts interest rates and reserve requirements: On May 7, China announced interest rate cuts and a series of large-scale easing measures, releasing over 1 trillion yuan in market liquidity. This is beneficial for lowering financing costs in the real economy, releasing liquidity, aiding the recovery of the stock and real estate markets, and boosting market confidence.
Bitcoin-related information

Bitcoin prices hover around 97K, with K33 suggesting the viewpoint of 'holding and leaving it in May.' This may be based on the current price trend of Bitcoin, market trends, and judgments about the market in the near future, believing that Bitcoin has the potential for continued holding and possible appreciation in May. However, Bitcoin prices are highly volatile, and its future trends remain highly uncertain.

Solayer (LAYER) experienced a sudden 45% drop, which erased several weeks of bullish momentum. The token had risen by 460% since February, and is now trading below $1.70.

However, these daily unlocks are only worth $219,000 - far from justifying the over $250 million loss in market value. More concerning is the significant unlock coming on May 11, when 26.5 million LAYER (worth approximately $51 million) will be released.
#This may intensify selling pressure and could further depress prices.

Bitcoin Holds Key Support, $100,000 Comeback Imminent

Bitcoin prices have remained steady above the $90,000 level since April 22, and despite market uncertainties, it has consistently defended the support around $92,945. The exponential moving averages still reflect a bullish structure, with the short-term average above the long-term average.
The market is preparing for volatility ahead of the upcoming Federal Reserve meeting,

"If the Federal Reserve surprises with some dovish tone and provides guidance for a rate cut in June, Bitcoin is expected to rebound all the way to the $100,000 mark, which remains a liquidity magnet. But even if Powell adopts a hawkish tone, the impact on BTC may be minimal. The current momentum is too strong - spot BTC ETFs are absorbing assets in large quantities, companies are building BTC treasuries, and the correlation between Bitcoin and the stock market is breaking down. Additionally, historical data shows that BTC has experienced price increases in 9 out of the last 12 Mays. Therefore, despite the possibility of greater volatility, the near-term outlook is positive. #美联储FOMC会议

Binance Alpha points consist of two parts: balance points and trading volume points, with the final score being the average total over the past 15 days. Daily points are captured based on your asset balance and trading behavior, with the snapshot time zone being UTC to ensure fair participation for global users.

Balance Points: Based on the total asset balance in your Binance CEX account (main account) and your non-custodial wallet (including Alpha tokens and tokens that were previously displayed in the Alpha section and are now listed on the spot market). The balances of sub-accounts will be merged into the main account for calculation, and it is not possible to manipulate points by dispersing funds.

Trading Volume Points: Based on the total amount spent on purchasing Alpha tokens in the Binance Alpha platform and non-custodial wallets (only counting purchases, sales are not included). Trading volume points are calculated based solely on the purchase amount and are not affected by subsequent sales. For example, if you buy tokens worth $600 and later sell $500 worth, points will still be calculated based on the $600. The token value is calculated at the market price equivalent to USD at the time of the transaction to ensure the fairness of points.

Even more enticing, starting May 1, Binance launched a double points event. If you purchase Alpha tokens through the Binance Smart Chain (BSC), or use a limit order to buy any Alpha token, the trading volume will be counted as double. For example, a $10 BSC transaction will be counted as $20, directly earning 10 points. This 'buy one, get one free' benefit is simply a godsend for point farming players. #币安LaunchpoolSXT

U.S. President Trump threatens to impose new tariffs before the Federal Reserve's interest rate decision.
BTC has dropped 1.8% in the past 24 hours. The opening price for Bitcoin this weekend was above $96,000.
Most altcoins have suffered greater losses, with XRP down 2.7% to $2.12, while Solana is down 0.8% to around $146.

The Federal Reserve is expected to maintain the benchmark interest rate on Wednesday, with traders believing the central bank will keep the target rate range at 4.25% to 4.5% for the third consecutive time, with a probability of 97%.#

Why did Binance delist MOVE?

The exchange will suspend all MOVE trading in two weeks, immediately causing the asset to plummet.
In addition to the 16% price drop, the daily trading volume of MOVE surged by 130%. This indicates that MOVE holders are selling their assets following the delisting announcement from Binance.

Binance's delisting is not without reason. Earlier today, Movement Labs announced the postponement of its planned airdrop, causing dissatisfaction. This may have been the last straw for Binance, coupled with existing issues.

Movement Labs claimed in mid-March that it would investigate a potential fraud incident. A market maker sold off 66 million MOVE tokens, triggering a sharp price decline.
New evidence has emerged, leading users to allege that Movement Labs was directly or indirectly involved in these trades. It is claimed that the company lent 50% of its MOVE supply to the investment platform Web3Port, which then sold off a large amount of tokens.

🚨Breaking! Coinbase to Suspend MOVE Trading, Cryptocurrency Price Plummets

Coinbase announced on platform X that it will suspend trading of the native token MOVE of the Ethereum Layer 2 network Movement around 2 PM on May 15, 2025.

Coinbase stated that it will regularly monitor assets to ensure compliance with listing standards, and this trading suspension is based on recent review results.

Once the news broke, the price of MOVE plummeted. According to CoinGecko data, MOVE dropped nearly 14% on that day, with the price falling to $0.2079, hitting a new all-time low.

MOVE was launched last December and has already experienced significant challenges. Previously, a market maker's sell-off incident caused a major uproar, with 66 million MOVE tokens being sold off, leading to a substantial price drop and a ban from Binance. This suspension of trading by Coinbase is undoubtedly adding insult to injury.

Currently, everyone is paying attention to the subsequent trading situation of MOVE on other platforms and whether the price can bottom out and rebound. If you hold MOVE, you should closely monitor market dynamics!

#Coinbase #Cryptocurrency #DigitalCurrency

In the first 100 days of Trump's new term, domestic cryptocurrencies in the United States performed disappointingly.

Since January 20, five major U.S. related assets have fallen by at least 20%. Although the government has adopted a more crypto-friendly attitude and introduced some regulatory relief measures, the situation has not improved.

In contrast, non-U.S. domestic cryptocurrencies like Bitcoin and TRON have performed better.

Reasons for the poor performance of domestic cryptocurrencies:

• Gap between market expectations and reality: Trump's election and promises once led to a surge in the cryptocurrency market, but he later failed to fulfill expectations of using fiscal funds to purchase Bitcoin, leading to a cooling of market enthusiasm and a drop in cryptocurrency prices.

• Hacker attacks affect confidence: In late February 2025, the Bybit exchange was hacked, and a hacker stole over $1.4 billion worth of Ether, which dampened investor confidence and impacted the cryptocurrency market, particularly affecting domestic cryptocurrencies in the U.S.

Reasons for better performance of non-U.S. domestic cryptocurrencies:

• Advantages of decentralization: Non-U.S. domestic cryptocurrencies like Bitcoin emphasize decentralization and are relatively less affected by the policies of a single country. When facing policy pressures from the U.S., they can leverage their globally distributed characteristics to maintain a certain level of activity and value support in markets of other countries and regions.

#特朗普就职百日

Solana (SOL) has risen nearly 18% in the past 30 days. The bullish structure of SOL remains technically intact, although some key momentum indicators are showing signs of weakening.
Meanwhile, Solana continues to dominate decentralized exchange trading volume and blockchain revenue rankings, consolidating its strong position in the broader ecosystem.

SOL is now very close to the key support level of $145, which has become an important observation area.

The total supply of Bitcoin on exchanges fell to 2.488 million BTC on Friday, reaching a seven-year low.
According to CryptoQuant, the exchange reserves currently stand at 2.492 million, having increased by about 40,000 BTC over the weekend, but still at the lowest level since October 2018.
This outflow occurs at a time when the price of Bitcoin is $95,400, and the Trump administration has expressed a willingness to reach an agreement with China on tariffs.
While the exchange balance reaches a seven-year low, according to the latest CoinShares digital asset fund liquidity report, Bitcoin funds witnessed an inflow of $3.2 billion in the week ending April 28.

The US spot Bitcoin ETF has seen six consecutive days of net inflows, attracting $3 billion in funds last week. The spot Ethereum ETF also recorded its first weekly net inflow since February.

Canada will hold a general election on Monday, and Prime Minister Mark Carney is expected to receive strong public support to counter Trump.
This Wednesday, the ADP data, known as the small non-farm payrolls, will be released, along with the PCE inflation indicator favored by the Federal Reserve. On Friday, non-farm employment figures will be published. Additionally, the Bank of Japan will hold a monetary policy press conference on Thursday, with the market expecting the BOJ to maintain interest rates unchanged. #

U.S. President Trump stated that he has no intention of firing Federal Reserve Chairman Powell and will not take a hardline stance in any trade negotiations with China. The three major U.S. stock indexes surged, and Bitcoin regained favor with investors, reaching 93K this morning, hitting a new high since early March. ETH shook off its recent slump, rising strongly by 11%, returning above $1,700.
#加密市场反弹

According to Bloomberg, U.S. President Trump stated on Tuesday that amid the escalating trade dispute between the U.S. and China threatening the health of the world's two largest economies, he will be "very nice" to China. Meanwhile, U.S. Treasury Secretary Mnuchin said at a closed-door investor summit that the tariff deadlock with China cannot continue like this, and both sides must find a way to ease the situation.

Received the card unlocking deposit, perfectly unblocked #冻卡

President Trump announced a comprehensive new global tariff on Wednesday, imposing a 10% tariff on nearly all imported goods and higher rates on about 60 countries that reportedly have the highest trade deficits with the United States.
Among these countries, China will face a 34% retaliatory tariff, the European Union 20%, Vietnam 46%, and Taiwan 32%.
"Foreign countries will ultimately be required to pay for access to our market—the largest market in the world," Trump said during a speech in the White House Rose Garden on Wednesday afternoon. "We are now the largest market in the world."
Trump stated that his team identified the "most egregious offenders" by considering tariffs, "currency manipulation, and trade barriers." Trump claimed on Wednesday that China imposes a total of 67% tariffs on U.S. imports. #美国加征关税