笑傲Crypto

According to official reports, on May 15, more than ten global cryptocurrency exchanges, including Binance, will simultaneously launch the blockchain project NXPC, alongside the Nexon blockchain strategic token $NXPC. At 14:30, Binance perpetual contracts will open.
This wave of blockchain transformation initiated by traditional gaming giants has stirred FOMO sentiment in the cryptocurrency market: during the pre-download phase, the Discord server saw over 500,000 users, the token airdrop event triggered a frenzy of Alpha Points redemption, and the social media hashtag #MapleStoryUniverse reached over 200 million reads.

According to the latest official news, Privasea, which is being eagerly invested in by various institutions and platforms, will launch on Binance Wallet. Subscriptions will open from 6 PM to 8 PM on May 14, 2025.

1. Introduction to Privasea
Privasea is an AI + DePIN project focused on building decentralized privacy computing infrastructure. The company's mission is to provide efficient, user-friendly Fully Homomorphic Encryption (FHE) solutions tailored for web2 and web3 environments, focusing on machine learning (ML) applications.
The Privasea AI network is a powerful system designed to prioritize data privacy and security throughout the AI computation process. It utilizes an innovative technology called Fully Homomorphic Encryption (FHE), which allows computation on encrypted data, producing the same results as computations on unencrypted data. It facilitates the flow of data value through FHEML. The network provides distributed computing resources for FHE AI operations. The entire system is supported by ZAMA's specific ML and the incentives of the $PRVA token.

On May 7, 2025, Ethereum completed the Pectra upgrade, bringing optimizations in account abstraction, Layer 2 scaling, and validator mechanisms, enhancing network efficiency and user experience. After the upgrade, the ETH price broke through $2200, showing a positive market reaction to technological advancements. However, Ethereum still faces challenges from the Layer 2 'parasitic' effect, competitive pressures, and centralization. In the future, Ethereum needs to find breakthroughs both technologically and in the market to achieve higher price targets and market positions.

More exciting than Ethereum's upgrade is its price breaking the $2200 mark, peaking at $2245, the highest point since early March, undoubtedly aided by Bitcoin's surge, which broke the $100,000 mark on May 9, reaching a maximum of $104,145. The impacts of Ethereum and Bitcoin also signify the return of a bull market, hoping that after Bitcoin breaks historical highs, altcoins will also experience a bullish trend!

The main reason for the delay in the altcoin season of the crypto market is the increasingly strengthened dominance of Bitcoin, macroeconomic tightening, oversupply of altcoins, reduced enthusiasm from retail investors, and regulatory uncertainties. The stability of Bitcoin and institutional preference attract capital inflow, while altcoins are limited by insufficient liquidity and reduced risk appetite. Based on previous bull market performances, altcoin seasons often occur after Bitcoin stabilizes. It's essential to understand that the investment market is not a charity; it constantly tests investors' mentality and patience. Those who cannot withstand loneliness and hold onto their investments are often the first to cut losses, leading to regret later!

On April 29, the SEC postponed the decision on five ETF applications related to crypto assets. This delay involves cryptocurrencies like Sol and XRP, Hedera, Doge, and staking terms related to Ethereum (ETH). Analysts state that most of these applications have final deadlines in October 2025 or later. They also do not rule out the possibility of further delays this week, as there are around 72 crypto ETFs waiting for SEC approval, and the deadlines for these applications are approaching.

It is expected that in October this year, the new SEC Chairman Paul Atkins is expected to officially take office. Prior to that, the SEC is unlikely to make any decisions on this matter. Therefore, it can be inferred that before that, there will be no cryptocurrencies passing ETF applications. It is anticipated that many delayed products will face final deadlines and rulings between the third and fourth quarters.

Bitcoin hit its largest weekly increase since Trump's election this week, performing strongly with a 12% rise, going from $84,272 on the 21st to a peak of $95,758 on the 25th. The increase outperformed the US stock market. This week, besides Bitcoin, TRUMP also rose from $8.2 to a high of $16.1, due to TRUMP inviting the top 220 whale holders for a dinner, with Trump expected to attend as a guest. SUI also surged from $2.08 to a high of $3.81, with an overall increase of over 83%, marking a new high since February. WLD rose from $0.75 to a current high of $1.199. Dogecoin reached a high of $0.193. The cryptocurrency market is experiencing a warming trend; is this the return of the bull?