With the positive progress of high-level talks between China and the United States, signs of easing have appeared in the long-standing trade war situation. Both sides have committed to lowering certain tariffs and enhancing cooperation in technology and finance, triggering a broad rebound in global markets. The three major U.S. stock indexes have risen, and the Asia-Pacific markets have also warmed up simultaneously, benefiting the commodity and cryptocurrency markets. Analysts believe that this easing will help stabilize global supply chains and boost investment confidence, especially providing a positive impetus for export-oriented countries. However, some experts point out that geopolitical issues and long-term structural differences have not been eradicated, and future attention needs to be paid to the implementation of follow-up policies by both sides. The cooling of the trade war provides a valuable window for the global economic recovery.
Recently, the price of ETH has shown a stable upward trend, partly due to the successful completion of the Pectra upgrade on May 7th. This upgrade is considered the most important network update since the "Merge" in 2022, aimed at enhancing Ethereum's scalability and user experience.
In terms of technical analysis, ETH has formed a "cup and handle" pattern, indicating a potential upward breakout, with target prices possibly reaching $2,500 to $2,600.
Additionally, historical data shows that May is typically a strong month for ETH, with an average increase of 27.36%.
However, there is still uncertainty in the market, and investors should closely monitor market dynamics and cautiously assess risks.
Recently, the price of ETH has shown a stable upward trend, partly due to the successful completion of the Pectra upgrade on May 7, which is considered the most important network update since the 'Merge' in 2022, aimed at improving Ethereum's scalability and user experience.
In terms of technical analysis, ETH has formed a 'cup and handle' pattern, signaling a potential upward breakout, with target prices possibly reaching $2,500 to $2,600.
Additionally, historical data shows that May is usually a strong month for ETH, with an average increase of 27.36%.
However, there is still uncertainty in the market, and investors should closely monitor market dynamics and carefully assess risks.
This wave of increase is driven by multiple positive factors such as continuous inflow of ETF funds, easing global inflation pressures, and expectations of interest rate cuts by the Federal Reserve. Market sentiment is high, and many investors predict the next target price will aim for 110K or even higher. On the technical side, BTC has strongly broken through a long-term resistance zone, with trading volume increasing simultaneously, indicating solid buying power. However, some analysts remind that after breaking the million-dollar mark, profit-taking selling pressure may emerge, and volatility is expected to increase in the short term. Investors should remain cautious and manage risk effectively. At this moment, Bitcoin is once again the focus of the global financial stage.
This wave of rise is driven by multiple favorable factors such as continuous inflow of ETF funds, easing global inflation pressures, and expectations of interest rate cuts by the Federal Reserve. Market sentiment is high, and many investors predict that the next target price will reach 110K or even higher. On the technical side, BTC has strongly broken through long-term resistance zones, with trading volume increasing simultaneously, indicating solid buying power. However, some analysts remind that after breaking a million dollars, profit-taking selling pressure may occur, and volatility is expected to increase in the short term. Investors should remain cautious and manage risks effectively. At this moment, Bitcoin is once again in the spotlight of the global financial stage.
As of May 8, 2025, the price of Bitcoin (BTC) has surpassed $99,000, reaching $99,096, with an intraday increase of approximately 2.6%, peaking at $99,835.
This wave of increase is driven by multiple positive factors, including the upcoming trade negotiations between the U.S. and China, continuous inflow of institutional funds, and New Hampshire passing a bill allowing up to 5% of state reserve assets to be invested in Bitcoin and other high-market-cap digital assets.
Technical analysis shows that Bitcoin has broken through a key resistance range, with the next target being the psychological barrier of $100,000. If it can maintain this level, it may challenge the range of $105,000 to $110,000.
However, if the price retraces, the $93,000 to $94,000 range serves as a major support area, and investors should closely monitor market dynamics and operate cautiously.
As of May 8, 2025, the price of Bitcoin (BTC) has surpassed $99,000, reaching $99,096, with an intraday increase of approximately 2.6%, peaking at $99,835.
This wave of increase is driven by multiple positive factors, including the upcoming trade negotiations between the U.S. and China, continued inflow of institutional funds, and the passage of a bill in New Hampshire allowing up to 5% of state reserve assets to be invested in Bitcoin and other high-market-cap digital assets.
Technical analysis shows that Bitcoin has broken through a key resistance range, with the next target being the psychological barrier of $100,000. If it can maintain this level, it may challenge the range of $105,000 to $110,000.
However, if the price falls back, the $93,000 to $94,000 range serves as a major support area. Investors should closely monitor market dynamics and operate cautiously.
In May 2025, global payment giant Stripe announced the launch of stablecoin accounts in over 100 countries, supporting USDC and its own Bridge unit-issued USDB.
This innovation allows merchants to hold stablecoin funds and make international payments, particularly suitable for cross-border transactions and regions without bank accounts. Users can receive USDC via Ethereum, Solana, and Polygon blockchains without having to manage cryptocurrencies themselves.
Additionally, Stripe Express users can choose to receive payments in stablecoins, offering faster payment speeds and lower transaction costs.
This move marks a significant advancement for Stripe in the blockchain payment space, bringing greater flexibility and efficiency to global business payments.
On the Binance platform, USDC (USD Coin) users can enjoy various benefits, including trading discounts, reward activities, and platform feature support. Below is an overview of some key benefits:
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🎁 1. Trading rewards and zero-fee activities
Binance regularly launches trading reward activities related to USDC. For example, from November 2024 to January 2025, Binance offers zero-fee trading for USDC spot pairs to new users, regular users, and VIP 1-3 users, with a total reward pool of up to 100,000 USDC. Eligible users can receive USDC token vouchers after completing designated trading volumes during the event.  
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🧩 2. Task center activities and USDC reward pool
During specific holidays, such as Christmas, the Binance Square Task Center will launch USDC reward activities. Users can participate in sharing a prize pool of 5,000 USDC by daily check-ins and posting designated tagged posts, earning Binance points. These points can be redeemed for platform discounts or other rewards.  
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🔄 3. “Convert & Earn” activities
The “Convert & Earn” activity launched by Binance allows users to convert digital assets to USDC through the Binance Pay feature and earn USDC rewards. For example, users who complete conversions equivalent to at least 88 USDC through the Binance App during the event will receive corresponding USDC token rewards. 
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🔐 4. Security and transparency
USDC is a stablecoin backed by the US dollar, fully supported by highly liquid cash and cash-equivalent assets, and can be exchanged 1:1 for US dollars. Its reserves are regularly audited by independent third parties to ensure its value and security, providing users with high transparency and confidence.
Recently, the price of TRUMP coin has shown a downward trend, having fallen below the support level of $11.56 and turning into a resistance level during the retest. In terms of technical indicators, the daily Relative Strength Index (RSI) has dropped below the neutral value of 50, indicating weakening market momentum. If the downward trend continues, the next potential support level may be around $9.1.
Despite this, there are still some positive factors in the market. For example, a large amount of TRUMP coin has been accumulated by major holders (commonly known as 'whales'), which may signal the potential for a price rebound.
Overall, TRUMP coin is currently at a critical technical juncture, and investors should closely monitor market dynamics, carefully assess risks, and avoid blindly chasing high prices.
Recently, the price of Bitcoin has rebounded about 30% from the April low, but it currently faces several weeks of resistance in the range of $95,000 to $96,000. If it can break through this range, it may challenge the psychological barrier of $100,000 in the short term, and even has the potential to reach $110,000 to $112,000. Conversely, if it falls below $93,000, it may retest the support level of $90,000 or lower.
Technical indicators show that although the overall market sentiment is optimistic, trading volume is relatively low, and the MACD indicator shows signs of a 'death cross', indicating that there may be a risk of a pullback in the short term.
Recently, the price of Bitcoin has rebounded about 30% from the April low, but it is currently facing several weeks of resistance in the range of $95,000 to $96,000. If it can break through this range, it may challenge the psychological barrier of $100,000 in the short term, and even potentially reach $110,000 to $112,000. Conversely, if it falls below $93,000, it may test the support level of $90,000 or lower.
Technical indicators show that although the overall market sentiment is optimistic, the trading volume is relatively low, and the MACD indicator is showing signs of a "death cross", indicating that there may be a risk of a pullback in the short term.
In 2025, the United States Congress proposed the "Modern Compensation and Misconduct Enforcement Act" (MEME Act), aimed at prohibiting the President, members of Congress, and their immediate family from issuing or promoting cryptocurrencies, particularly meme coins associated with political figures.
The introduction of this bill stems from the controversy triggered by former President Donald Trump's launch of the $TRUMP meme coin. The token experienced a rapid price surge, followed by a drastic decline, resulting in significant losses for many retail investors. This incident raised ethical and legal questions regarding the ability of political figures to engage in cryptocurrency activities using their power and influence.
The MEME Act seeks to enhance oversight of public officials, prevent them from engaging in cryptocurrency trading through their positions, and increase market transparency. Although the likelihood of the bill passing in a Republican-controlled Congress is low, it marks an important step for the United States in cryptocurrency regulation.