链得得ChainDD

Daily market report (May 22, 2025, 21:10 Beijing time)

ChainDD May 22 market report shows, comprehensive DD index and CoinMarketCap quotes:

BTC is priced at $111,433.40, with a 24-hour increase of about 4.27%;

ETH is priced at $2,657.54, with a 24-hour increase of about 4.74%;

BNB is priced at $687.97, with a 24-hour increase of about 5.04%;

DOGE is priced at $0.2411, with a 24-hour increase of about 6.70%;

SOL is priced at $178.39, with a 24-hour increase of about 5.59%.

Cryptocurrency news

UK court dismisses BSV investors' $11.9 billion claim against Binance.

The UK Court of Appeal recently partially dismissed a lawsuit by Bitcoin SV (BSV) investors against major cryptocurrency exchanges including Binance, which accused these exchanges of jointly delisting BSV in 2019, leading to investor losses. The court ruled that the investors' claim for £8.9 billion (approximately $11.9 billion) lacked basis, stating that investors had a responsibility to mitigate losses through means such as selling or reinvesting. The court pointed out that BSV is not an irreplaceable crypto asset, and investors could have chosen other similar assets such as Bitcoin or Bitcoin Cash for investment. Additionally, the court dismissed the investors' claims regarding 'missed appreciation opportunities', stating that this theory does not hold in the context of highly volatile crypto assets.

Lily Z.King Cobo Global May 21, 2025 17:55 Singapore

Editor's Note: (South China Morning Post) On May 20, the website published an article by Cobo COO Lily Z. King, which deeply analyzes the rise of crypto assets as 'digital gold' and new financial infrastructure against the backdrop of current global economic fragmentation.

Note: This article refers to the English translation for reference; click 'Read the original text' to access the English version.

In recent months, the global financial system has undergone dramatic changes, highlighting the increasingly important status of digital assets. The scale of US Bitcoin spot ETFs (exchange-traded funds that allow investors to indirectly invest in Bitcoin) has exploded, with assets under management surpassing $120 billion, reflecting a significant shift in investor behavior.

Daily Market Report (May 21, 2025, at 20:00)

ChainDD data on May 21 shows that the comprehensive DD index and CoinMarketCap quotations are:

BTC is priced at $106,550.40, up about 1.27% in 24 hours;

ETH is priced at $2,537.54, up about 1.04% in 24 hours;

BNB is priced at $654.97, up about 1.69% in 24 hours;

DOGE is priced at $0.2265, up about 2.60% in 24 hours;

SOL is priced at $169.39, up about 1.83% in 24 hours.

Cryptocurrency Market Updates

Hong Kong-listed company Guofu Quantum disclosed the recent sale of 20 bitcoins.

Guofu Quantum (00290.HK) announced that from May 9 to May 19, 2025 (including the first and last days), the group conducted a series of trades in the open market, selling approximately 20 bitcoins for a total price of about $2.07 million (equivalent to about 16.1 million Hong Kong dollars) (excluding transaction costs).

Daily Market Update (May 21, 2025, 11:30 AM)

ChainDD Market Update on May 21 Shows Composite Index and CoinMarketCap Quotes:

BTC Price: $107,030.84, Up Approximately 1.20% in 24 Hours.

ETH Price: $2,548.75, Down Approximately 0.17% in 24 Hours.

BNB Price: $657.60, Up Approximately 1.09% in 24 Hours.

DOGE Price: $0.2296, Up Approximately 1.85%;

SOL Price: $170.14, Up Approximately 0.81%.

Crypto Market Updates

SEC Sues Unicoin and Its Executives for Securities Fraud, Involving Over $100 Million

The U.S. Securities and Exchange Commission (SEC) Announced on May 20, 2025, That It Has Filed a Lawsuit Against Unicoin, Inc. Based in New York City and Its Three Executives, Accusing Them of False and Misleading Statements in the Issuance of Tokens Claiming to Obtain Crypto Assets and the Issuance of Unicoin Common Stock.

Daily Market Report (May 20, 2025, 10:00 AM)

ChainDD reported on May 20 that the comprehensive index and CoinMarketCap quote:

BTC is priced at $106,650.08, up about 1.36% in the last 24 hours;

ETH is priced at $2,546.31, up about 4.39% in the last 24 hours;

BNB is priced at $652.69, down about 1.05% in the last 24 hours;

DOGE is priced at $0.2279, up about 1.17% in the last 24 hours;

SOL is priced at $170.06, up about 0.83% in the last 24 hours.

Cryptocurrency News

SEC delays approval of multiple Solana ETF applications, citing need for more time

The U.S. Securities and Exchange Commission (SEC) announced on Monday that it has postponed its decision on multiple spot Solana ETF applications submitted by 21Shares, Bitwise, VanEck, and Canary Capital. The SEC stated in regulatory documents that it needs more time to process the legal and policy issues associated with these applications.

Author: Techub Selected Translation

Written by: Louie

Translation: Yangz, Techub News

Those who know me understand that I've always been a staunch supporter of Solana (sometimes to the point of being a headache). This article aims to articulate my core views on Solana and the future direction I believe this ecosystem will take.

In 2021, Solana was defined by speed. In 2022, it sought self-redemption. By 2024, it was shaping a culture. However, as the industry cycle deepens, a sharp question lingers around the Solana ecosystem: Is this chain merely a Memecoin casino wrapped in a gorgeous exterior?

7 hours ago: "I personally allocated 20% in gold, expecting gold prices to rise to $10,000 to $20,000 by the end of this market cycle."

This article is from: Fortune

Translation | Odaily Planet Daily (@OdailyChina); Translator | Azuma (@azuma_eth)

Arthur Hayes is an iconic figure in early Bitcoin history, co-founding the offshore exchange BitMEX in 2014, but later faced legal issues for violating US regulations. Recently, Hayes admitted to failing to establish adequate anti-money laundering controls, accepted probation, and paid fines, but received a full pardon from Trump at the beginning of the year.

Original Block unicorn Block unicorn May 19, 2025 17:01 Chongqing Article Author: Token Dispatch and Thejaswini M A
Article compiled by: Block unicorn









Foreword

A creator of a $314 billion financial ecosystem, dressed in a plain t-shirt, pondering humanity's future.

Vitalik Buterin, also known in the industry as 'V God', is a Russian-born genius who created Ethereum, changing the concepts of finance, art, governance, and digital ownership.

The entire ecosystem exists under the shadow of his architecture.

At 12:00 PM Eastern Daylight Time (EDT / UTC-4) on May 10, 2025, the on-chain trading platform MyStonks.org announced that it has completed platform updates and officially launched the on-chain US stock token market supported by 100% custody. MyStonks.org stated that crypto users can purchase US stocks through MyStonks, with global asset management giant Fidelity providing custody services for platform users, and the first batch of custody assets reaching $50 million.

MyStonks has successfully established a complete cycle process from Fidelity-custodied US stock assets to token generation and destruction on the Base chain. Users can initiate a request to purchase Stonks100 US stock tokens through the MyStonks platform, transferring USDC or USDT from their self-custodied cryptocurrency wallet to the platform, where MyStonks will convert it to USD and purchase the corresponding shares of securities, while minting tokens via the Base chain smart contract.

Author: Techub Selected Compilation

Written by: Sumanth Neppalli, Decentralised.co

Translation: Yangz, Techub News

In 2010, Google launched a second-price auction system for advertisements, where the highest bidder wins the ad space but only pays the second-highest bid.

This seems like an ideal model for economists, helping to avoid excessive bidding by advertisers. However, secretly, Google manipulated the auction mechanism to gain millions of dollars in hidden profits. For example, when the highest bid was $20 and the second-highest was $16, the winning bidder only had to pay $16. Yet, Google actually paid the publisher the third-highest price (let's say $10), pocketing the $6 difference. These funds flowed into a secret account called the 'Bernanke Pool,' used to meet corporate goals like Wall Street expectations. It wasn't until the antitrust lawsuit in 2016 that this operation was exposed. Although Google switched to a first-price auction system in 2019 (settling with publishers at the highest bid), this lesson remains profound: when the auctioneer controls the underlying rules, even the most perfect mechanism can be distorted. Interestingly, the cryptocurrency world is replaying this scene. The blockchain is facing its own 'Bernanke moment'—the Maximum Extractable Value (MEV), or the profits obtained through reordering or adding/removing block transactions, has become the most critical yet least understood phenomenon in the cryptocurrency space. Like Google's covert auction manipulation, this value extraction is outside the view of ordinary users, yet it affects all participants in the blockchain, creating a sort of 'invisible tax.' Will MEV follow in Google's footsteps towards opaque operations and centralization, or can it evolve into a transparent decentralized system that rewards users? Can we design a mechanism that allows value extraction to reinvest in the ecosystem rather than concentrating wealth in the hands of a few? Let's delve deeper.

On May 12, 2025, China and the U.S. concluded a two-day economic and trade meeting in Geneva, issuing a joint statement announcing a significant reduction of the previously imposed tariffs, marking a surprising turn in the ongoing tariff war lasting several years. For the first time, the U.S. referred to China as a 'trade partner' and committed to modifying its tariff policies on Chinese goods. Does this result mean that the Sino-U.S. tariff war has come to an end? This article will analyze the true significance of this event from four aspects: negotiation background, outcome impact, potential risks, and future outlook, allowing you to see the opportunities and challenges brought by the easing of the tariff war.

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%;

In the past year, the meme coin issuance platforms in the Solana chain's Launchpad market have experienced explosive growth and rapidly formed a fierce competitive landscape. Pump.fun, as the earliest platform to rise, is seen as a catalyst for the prosperity of Solana's "on-chain casino." The platform allows any user to issue tokens without barriers, employing binding curve pricing, pioneering a fair issuance model without presales or team allocations.

Leveraging Solana's low-cost and high-speed trading advantages, Pump.fun ignited a meme coin frenzy in 2024. In just 13 months, platform users issued over 8 million tokens, with a peak output of over 36,000 tokens in a single day on October 24, 2024, averaging 25 new tokens per minute. This unprecedented scale of token creation allowed Pump.fun to dominate the market, making Solana known as the largest "casino" on-chain. However, Pump.fun's success also brought concerns. On one hand, a large number of low-quality projects emerged, with a graduation rate of less than 1%, and most tokens were short-lived. On the other hand, while the platform was highly profitable, users generally lost money; statistics show that nearly 90% of users lost their principal or earned less than $100 in meme coin trading, while the platform earned about $98 million within just six months.

Original Block unicorn Block unicorn May 18, 2025 23:19 Chongqing Article by: Token Dispatch and Thejaswini M A
Article compiled by: Block unicorn









Preface

“Running Bitcoin,” the tweet read. Simple and straightforward, just a few words, posted on January 11, 2009. Behind this short message was Hal Finney, who became the recipient of the first Bitcoin transaction in history: just a day later, Satoshi sent him 10 BTC directly.

While debates over Satoshi's identity rage, one fact is indisputable: without Hal Finney, Bitcoin might have remained an obscure white paper rather than the financial revolution we know today.

Block-1591

As the global economic landscape undergoes a realignment, the Central Bank of Russia unexpectedly spoke out. In its latest report, the Central Bank of Russia listed BTC as the leading financial asset for 2025. This recognition comes from an institution that has been cautious about Crypto assets until now, which is indeed surprising.

This shift highlights not only the outstanding performance of BTC but also its increasing integration into investment strategies even within Russia's tightly controlled financial environment.

The Central Bank of Russia recognizes the outstanding performance of BTC

In an official report published in May 2025, the Central Bank of Russia (CBR) acknowledged the exceptional performance of BTC over the past 12 months.

Original thedefireport Blockchain Daily May 19, 2025 11:02 AM USA

This is the 2037th issue of Blockchain Daily
Author | thedefireport
Translation | Blockchain Daily (ID: hellobtc)

Editor's note:

From the dramatic shift in tariff policy under the Trump administration to the recession risks hinted at in U.S. economic soft data, global markets have been fluctuating under the influence of liquidity and sentiment. Meanwhile, Bitcoin seems to be brewing new highs, and the entire market seems to sense the arrival of 'altseason.'

So, what is the current situation of the entire market, could Bitcoin's dominance be peaking? Is 'altseason' really coming? This article takes you through the data indicators.

Daily market data (May 19, 2025, 10:20 AM)

ChainDD market data from May 19 shows the comprehensive index and CoinMarketCap quotes:

BTC is priced at $104,050.08, with a 24-hour increase of about 0.71%;

ETH is priced at $2,391.31, with a 24-hour decrease of about 3.60%;

BNB is priced at $640.69, with a 24-hour decrease of about 0.24%;

DOGE is priced at $0.2209, with a 24-hour increase of about 2.51%;

SOL is priced at $166.06, with a 24-hour decrease of about 0.60%.

Cryptocurrency market dynamics

Trump's tax cut plan advances in the House of Representatives.

According to foreign media reports, Trump's tax cut plan has been approved by a key committee in the U.S. House of Representatives, making it likely to pass in the House later this week. Last Thursday, efforts by Republicans to push President Trump’s comprehensive tax plan through Congress encountered obstacles, as five hardline conservatives within the Republican Party voted against it along with all Democratic members, demanding further cuts to Medicaid in exchange for their support in key procedural votes. Republican leadership stated that the bill is not yet mature, and significant modifications to the tax and Medicaid provisions are necessary to gain the support of conservatives.

Daily Market Report (May 19, 2025, 9:30 PM)

ChainDD's May 19 market report shows the comprehensive index and CoinMarketCap quotes:

BTC is priced at $103,933.76, up approximately 0.82% in the last 24 hours;

ETH is priced at $2,512.45, down approximately 3.03% in the last 24 hours;

BNB is priced at $645.39, down approximately 0.71% in the last 24 hours;

DOGE is priced at $0.2240, up approximately 3.94% in the last 24 hours;

SOL is priced at $171.71, up approximately 2.82% in the last 24 hours.

Crypto Market Dynamics

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

The Texas Legislature is advancing a bill named SB21, which aims to establish the 'Texas Strategic Bitcoin Reserve.' This bill has been submitted to the state house and is expected to undergo a second review on May 20. If ultimately passed, Texas will become the third state in the U.S. to approve the establishment of a Bitcoin reserve, following New Hampshire and Arizona. The bill authorizes the state comptroller to set up a special fund outside the Treasury for purchasing digital assets with a market value exceeding $500 billion, currently only including Bitcoin. Funding sources may include legislative appropriations, airdrops, forks, investment income, and public or private donations. Reserve assets will be stored in cold wallets and monitored by a consulting committee.

Daily Market Report (May 17, 2025, 20:20)

ChainDD's market report on May 17 shows that the comprehensive index and CoinMarketCap quotes:

BTC is priced at $102,331.76, down about 1.67%;

ETH is priced at $2,550.45, down about 3.03% in the last 24 hours;

BNB is priced at $653.39, down about 0.38% in the last 24 hours;

DOGE is priced at $0.2261, down about 4.99% in the last 24 hours;

SOL is priced at $170.71, down about 5.94%.

Crypto Circle Dynamics

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

According to the UK's upcoming Cryptoasset Reporting Framework (CARF), starting in 2026, all crypto asset companies operating in the UK must collect and report detailed data on users and their transactions. This includes users' legal names, addresses, tax identification numbers, as well as the amount, asset type, quantity, and nature of each transaction. This regulation also applies to overseas companies providing services to UK customers. If the reported data is incomplete or incorrect, each user could face a fine of up to £300. The UK government encourages businesses to start data collection early to ensure compliance.

Daily Market Update (May 16, 2025, 10:15 AM)

ChainDD's market report on May 16 shows the comprehensive DD index and CoinMarketCap quotes:

BTC is reported at $102,710.47, down about 1.22% in 24 hours;

ETH is reported at $2,469.82, down about 3.75% in 24 hours;

BNB is reported at $635.54, down about 2.52% in 24 hours;

DOGE is reported at $0.2147, down about 3.45% in 24 hours;

SOL is reported at $164.38, down about 4.13% in 24 hours.

Crypto Market Dynamics

Galaxy Digital has officially listed on Nasdaq, stock code GLXY

Galaxy Digital was officially listed on Nasdaq this Friday, with the stock code GLXY. On its first trading day, the stock price initially rose 14% after opening, then retreated to its opening price, closing at $22.66.