On May 13, 2023, the U.S. Department of Labor announced the CPI data for April. The CPI increased by 2.3% year-on-year, lower than expected and the previous value; it increased by 0.2% month-on-month, showing some recovery from the previous value. Core CPI increased by 2.8% year-on-year and 0.2% month-on-month. Housing prices and energy prices rose, while food prices fell. The impact of tariffs may become apparent later, and the expectation for the Federal Reserve to cut interest rates has decreased.
In April - June 2025, the U.S. Securities and Exchange Commission (SEC) held a cryptocurrency roundtable discussing core topics such as cryptocurrency trading, asset custody, asset tokenization, the integration of traditional finance, and decentralized finance. The SEC abandoned the 'enforcement regulation' model to build a new regulatory framework, clarifying issuance rules, expanding custody autonomy, and opening the trading ecosystem, aiming to balance innovation and regulation.
In April - June 2023, the U.S. Securities and Exchange Commission (SEC) held a crypto roundtable discussion, covering core topics such as crypto trading, asset custody, the integration of asset tokenization with traditional finance, and decentralized finance. The SEC abandoned the 'enforcement regulation' model to construct a new regulatory framework, clarifying issuance rules, expanding custody autonomy, and opening up the trading ecosystem, aiming to balance innovation and regulation.
$BTC Bitcoin is a decentralized virtual cryptocurrency based on blockchain technology, proposed and created by Satoshi Nakamoto in 2009. It does not rely on specific currency institutions for issuance and is generated through extensive calculations. Bitcoin transactions are anonymous and convenient, but the price is highly volatile, and there are risks of regulation and money laundering, leading to widespread controversy regarding its value and applications worldwide.
#贸易战缓和 Recently, signs of easing have emerged in the China-U.S. trade war, attracting global attention. Since the outbreak of the trade war in 2018, both sides have engaged in fierce confrontations over tariffs, market access, and various other aspects, placing significant pressure on the economies of both countries and impacting the global trade landscape. If the trade war eases now, it would undoubtedly be a major boon.
In terms of tariffs, both sides are likely to reduce or eliminate some. The U.S. may take the lead in lowering tariffs on consumer goods to alleviate inflation, which would decrease the cost of Chinese export goods and enhance their competitiveness; U.S. agricultural and energy products are also expected to regain market share in China. Regarding supply chain arrangements, previously to avoid risks, U.S. companies engaged in 'nearshore outsourcing,' while Chinese companies expanded their diversified supply chains. After trade easing, U.S. companies will reassess their production layouts in China, and Chinese companies will strengthen their partnerships with U.S. counterparts. In terms of market access, both sides are expected to lower barriers, promoting cooperation in more areas. The space for cooperation in the technology sector will also expand, jointly driving breakthroughs in cutting-edge technology. However, easing the trade war will also bring challenges, such as the Chinese new energy vehicle industry facing competition from U.S. products, and both sides will need to coordinate to resolve issues related to industrial transfer conflicts.
Although uncertainties remain in the future, the easing of the trade war injects a shot of adrenaline into the global economy, with hopes that both sides can promote the trade landscape towards a more fair, open, and mutually beneficial direction through equal and in-depth negotiations.
The recent performance of Ethereum has been remarkable, with price movements resembling a rocket, rising over 40% in just 72 hours, and once approaching $2600, standing out among numerous cryptocurrencies.
From a technical perspective, the successful implementation of the Pectra upgrade on May 7 is a key turning point. This upgrade introduced 11 key improvements, including a higher staking cap and account abstraction (EIP-7702 standard), greatly enhancing the network's usability and flexibility, while also reducing network fees, injecting a strong dose of confidence into the market. From a market perspective, the short squeeze has become a powerful booster for the price increase. Starting May 8, there was a massive unwinding of short positions in the Ethereum futures market, with a liquidation amount reaching $438 million, and short covering has continuously pushed the coin price higher. In addition, the easing of global trade tensions and a significant increase in market risk appetite have also created a favorable macro environment for the rise in Ethereum's price.
The breakthrough of Ethereum at $2500 is truly exciting! This is not only a leap in price but also marks the recovery of the crypto market. From technological upgrades to application expansion, from market supply and demand to investor confidence, multiple factors have contributed to this breakthrough. In the future, Ethereum has immense potential, but regulatory risks cannot be ignored. As investors, only by viewing it rationally and paying close attention can we seize opportunities.
Recently, the popularity of XRP has been continuously rising. Coinbase announced that it will launch XRP futures, attracting widespread attention in the market and driving a surge in the presale activity of the decentralized exchange XenDex based on the XRP Ledger. At the same time, Ripple's market report for the first quarter of 2025 shows that the company's XRP holdings have increased by 1.7%. However, its price also faces challenges, with the daily candlestick chart showing a bearish descending triangle pattern, and the number of active addresses on the network has significantly decreased, leaving future trends full of uncertainty.
Recently, the topic of 'When will the altcoin season arrive' has become a hot discussion in the cryptocurrency market. Bitcoin broke the $100,000 mark last week, and many altcoins have begun to outperform Bitcoin. Various signs indicate that the altcoin season may be approaching. The market capitalization of altcoins is rising, media attention is increasing, trading volumes are hitting new highs, and market risk appetite is rising. Perhaps 2025 will indeed welcome a large-scale altcoin season.
Bitcoin returns to $100,000, the crypto market is boiling
On the morning of May 9, the financial market welcomed a carnival as the price of Bitcoin skyrocketed, quickly rising over 6% in a single day, successfully breaking through the $100,000 mark, reaching a new high since February, and as of the time of writing, it is reported at $102,731. This milestone breakthrough instantly ignited the enthusiasm of the crypto market, once again demonstrating Bitcoin's king status in the field of digital currencies.
On May 9, #加密市场反弹 5, the cryptocurrency market made a strong rebound, reaching a highlight moment. Bitcoin took the lead, breaking through the $100,000 mark, peaking at $104,000, setting a new high since February, with a market cap exceeding $2 trillion, ranking among the top five global assets. Driven by this, Ethereum's 24-hour increase surpassed 20%, breaking through $2,200. Sectors such as DEFI.ssi and MEME.ssi saw increases of over 15%, with Meme, AI concept coins, as well as NFT and DeFi sub-sectors performing outstandingly.
This rebound is attributed to three factors: first, the Federal Reserve maintained interest rates, increasing market expectations for future rate cuts, providing a window for risk assets to rise; second, institutional investor enthusiasm surged, with Bitcoin-related ETFs attracting approximately $5.3 billion in the past three weeks; third, the U.S. and U.K. reached a trade agreement, easing market tensions and enhancing investor risk appetite. However, the market is highly volatile, with nearly 200,000 people liquidated in 24 hours, and investment still requires caution.
$BTC Investing in BTC should avoid impulsiveness; it is necessary to first understand its underlying logic of decentralization, scarcity, and other factors. Closely monitor macroeconomic conditions, policy dynamics, and industry trends to assess market cycles. Strictly control positions, ensure proper asset allocation, and avoid the high risks associated with leverage. Adhere to a long-term perspective, remain unaffected by short-term fluctuations, and invest with spare money to progress steadily in the crypto market.
$ETH investing in ETH should remain rational. First, conduct in-depth research on the development of the Ethereum ecosystem, technological upgrades, and other fundamentals to assess long-term value. Closely monitor market dynamics and use technical analysis to seize entry opportunities. Strictly control positions, set stop-loss and take-profit levels, and avoid blindly chasing price increases or selling off during declines. At the same time, diversify investments to reduce the risk of a single asset and maintain a calm mindset to cope with price fluctuations.
$ETH Investment in ETH should remain rational. First, deeply research the fundamental aspects such as the development of the Ethereum ecosystem and technological upgrades to assess long-term value. Closely monitor market dynamics and use technical analysis to grasp the timing of entry. Strictly control positions, set stop-loss and take-profit levels, and avoid blindly chasing highs or selling at lows. At the same time, diversify investments to reduce the risk of a single asset, and approach price fluctuations with a calm mindset.
Investing in BnB yields rich rewards. Focus on popular business districts and tourist areas when choosing locations to ensure traffic; enhance the stay experience with distinctive property decoration. Pay attention to details, from cleanliness to facility maintenance, and respond promptly to guest needs. Regularly review data and adjust pricing flexibly according to peak and off-peak seasons. Although it requires effort, the stability of customer sources and revenue proves that careful management is the key to success.
Investing in BnB yields rich rewards. Focus on popular business districts and tourist areas when choosing locations to ensure traffic; enhance the stay experience with distinctive property decoration. Pay attention to details, from cleanliness to facility maintenance, and respond promptly to guest needs. Regularly review data and adjust pricing flexibly according to peak and off-peak seasons. Although it requires effort, the stability of customer sources and revenue proves that careful management is the key to success.
Newcomer asks, can the handling fees for spot grid be deducted using BNB, is there a 25% discount available, can the trading fees for Alpha be deducted using BNB?