HaliiMary

Digest of weekend events

◾️ SEC greenlighted the creation of a BTC reserve for Trump Media & Technology Group

◾️ Trump reported an income of over $57 million from World Liberty Financial ($WLFI)

◾️ Fidelity and 21Shares submitted updated applications for $SOL -ETF

◾️ Brazil introduced a 17.5% capital gains tax on digital assets

◾️ Vietnam legalized digital assets

◾️ CEO of Bybit announced the launch of a new DEX Byreal

◾️ Saylor hints that Strategy made another BTC purchase this week

◾️ Dump of Polyhedra ($ZKJ) on large sales:
- Project team: the drop was caused by "non-standard transactions"
- Bybit delists futures on $ZKJ
- Liquidations of traders totaling around $100 million

🤡 Donald Trump:

• I am very disappointed with Elon Musk and his statements about the tax bill.
❗️ The US will have great relations with Germany.
• Trade negotiations have never gone off the rails.
• We have dealt with the complexities. We will meet with Chinese delegates.
• We have a deal with China, and we want to make sure everybody understands that.
• We are on the right track with the trade deal with China.
• I will go to China at some point.
• Xi Jinping will come to the US..
• I want to make oil and gas part of trade agreements.
• German Chancellor Merz is a good person to do business with, but complex.
• Germany spends a lot of money on defense.
❗️ I will discuss a potential trade deal with the EU with the German Chancellor.
❗️ Inflation in the US is very low right now.

😱 sentiments in the crypto market have shifted from the "greed" zone to the "fear" zone in just a few hours

🎉May 22 — Bitcoin Pizza Day

Fifteen years ago, programmer Laszlo Hanyecz made the first real "tangible" purchase with BTC by paying for two mushroom pizzas from Papa John’s with sausage, tomatoes, and onions, which cost him "only" 10,000 BTC ($25 at the time).

BTC exchange rate on Pizza Day:

2025: $111,880
2024: $70,190
2023: $26,774
2022: $29,492
2021: $37,340
2020: $9,060
2019: $7,958
2018: $8,355
2017: $2,109
2016: $439
2015: $241
2014: $523
2013: $123
2012: $5.10
2011: $6.12
2010: $0.004

💵 Why is Bitcoin rising now? Expert's opinion

The growth of $BTC is associated with several factors, including the statement by the head of JPMorgan about allowing clients to invest in BTC.

💡 This decision by the largest bank (90 million users) may support the bullish trend in the market.

At the same time, there are other factors, for example, U.S. President Donald Trump continues to lobby for the Fed's move towards lowering the key interest rate.

🪐 The halving also has an impact: despite the drop of BTC to $70,000 in April 2025 due to trade wars, the reduction in supply on exchanges, as in previous cycles, stimulates price growth.

💵 Bitcoin ETF from BlackRock surpassed the largest gold fund

The BlackRock IBIT fund, focused on BTC, has outpaced the largest gold fund, Strategy, in terms of assets under management.

💰 According to PANews, as of May 15, 2025, assets under management for IBIT reached $64.697 billion, while Strategy stood at $59.146 billion.

This reflects a shift in the strategies of institutional investors, who are increasingly choosing crypto assets over traditional instruments.

💡 Since the beginning of the year, the net inflow of funds into IBIT has amounted to $6.96 billion. According to Bloomberg expert Eric Balchunas, IBIT is showing record performance, leaving other BTC funds behind.

💵 The situation in the crypto market leans in favor of Bitcoin

The altcoin season index is only 28 — significantly below the threshold of 75 needed to start an altseason.

🏆 This confirms BTC's leadership and its outperformance compared to most altcoins.

BTC dominance remains at 61.7%, indicating capital consolidation around BTC.

📔 Network data supports this thesis:

⏺ The MVRV of short-term holders (1.09) indicates growth potential.

⏺ Long-term holders (LTH) are taking profits — SOPR reached 2.27, meaning sales with a profit of 227%.

💎 Ethereum surpasses Bitcoin

After the announcement of tariffs, both cryptocurrencies initially declined but then stabilized at levels of $103,000 and $2,400.

📊 Capital rotation is observed: dominance 24,942,307,680 fell below 63%, and altcoins, especially ETH, are starting to outperform.

Analysts at QCP Capital note the conflicting position of Bitcoin between the status of "digital gold" and a risky asset, which hinders a clear trend.

💡 At the same time, Ethereum shows a clearer dynamic: neutral funding and growth above $2,400 amid the Pectra update.

The renewed interest in long-term ETH options may signal a capital inflow.

•Analyst Lark Davis predicts a breakthrough for XRP, aiming for a sharp jump to $4.40 in the near future.
•The triangular model $XRP signals a consolidation phase, followed by a major upward movement.
•Despite optimistic signals, market volatility remains high: $16.63 million was liquidated in the last 24 hours.

🇻🇨 Three tokens that whales bought last week

🔵Ethereum. The altcoin rose above $2,000 after the FOMC meeting and a successful Pectra upgrade. This helped restore bullish momentum. According to IntoTheBlock, the net inflow in the segment of large holders increased by 374% over the last week. This may help stabilize the price above $2,000 in the near future.


🔵Apecoin. The altcoin grew by 13% over 7 days. Large holders owning between 10,000 and 100,000 tokens purchased 640,000 APE during this period. This underscores the renewed confidence and interest in APE. Large investors are likely preparing for a potential asset rise.


🔵Polygon. According to Santiment, wallets holding between 1 million and 10 million tokens acquired 3.24 million POL over the past 7 days. These investors now own 308.34 million tokens. If whales continue to accumulate, POL may extend the current rally.

🚀 BNB rose by 10% after CZ's proposal to reduce fees on the BSC network

The price of Binance Coin reached $642.92 for the week, gaining over 10% in a day. The increase followed Changpeng Zhao's proposal to cut fees on Binance Smart Chain by 90%.

↗️ Technical analysis:

🟡On the 4-hour chart, BNB broke the resistance level with a volume of 34,190 BNB.
🟡The 50-day EMA ($607.82) confirms the bullish trend.
🟡The RSI index (78.42) has entered the overbought zone, indicating strong upward momentum.

CZ presented the Binance Evolution Proposal, suggesting to replace the current fee model for transactions with “blobs,” similar to Ethereum EIP-4844.

🪙 This could reduce the average fee from 0.005 BNB to 0.0005 BNB, increasing the competitiveness of BSC.

If the trend continues, the next target could be $700 — the last time the price reached this level was in early 2022. The final decision depends on the voting of BSC validators.

📈 The cryptocurrency market is rising on a wave of trading optimism

A positive trend has formed after a series of important statements from the Trump administration that significantly improved market sentiment.

1. Breakthrough in trade negotiations

⏺ Conclusion of a trade agreement with the United Kingdom, albeit with limited economic impact.
⏺Radical easing of the stance on China. Discussion is underway to reduce tariffs from 145% to 50%.

2. Active trade policy of the United States

⏺ According to statements from the Secretary of Commerce, an announcement of dozens of new trade deals is expected in the coming month.
⏺ Formation of a more favorable climate for international trade

3. Macroeconomic context

⏺ Improvement in the overall appetite for risk assets
⏺ Reduction of geopolitical tension
⏺ Restoration of trust among institutional investors

💸 Although Bitcoin does not have a direct connection to trade processes, the current situation creates ideal conditions for the growth of the cryptocurrency market.

Experts note that such macroeconomic shifts can become a catalyst for a new stage of institutional acceptance of cryptocurrencies.

🧐 Bitcoin has already entered the TOP-5 global assets by market capitalization, surpassing Amazon
$BTC
$ETH
$XRP

⚠ The US Senate has begun an investigation into Trump's crypto business

Senator Richard Blumenthal has initiated a preliminary investigation into cryptocurrency projects associated with the sitting president. He has sent letters to the leaders of companies Fight Fight Fight LLC, World Liberty Financial, and other affiliated entities.

Richard Blumenthal is the senior Democrat on the Permanent Subcommittee on Investigations of the US Senate (PSI), which is part of the Committee on Homeland Security and Governmental Affairs.

Reasons for the investigation:
▪️ potential conflicts of interest
▪️ connections with foreign investors and governments
▪️ circumvention of government ethics requirements
▪️ involvement in schemes like "pay-to-access the president"

The focus is on meme coin $TRUMP , NFT platforms, as well as a $2 billion deal through the stablecoin $USD1.

Companies are required to provide documents regarding income, investors, and mechanisms for blocking suspicious investments.

☀☕What happened in the crypto market while everyone was asleep — overview from May 5

• Solana $SOL fixed a dangerous bug that allowed for infinite token issuance
• The Maldives is building a crypto hub for $9 billion
• Mattel is shutting down the development of the NFT project Hot Wheels Virtual Garage

🛑 Kevin Farrelly: DeFi is not a threat, but an evolution of BTC

Farrelly is the Vice President and Director of Digital Assets at investment firm Franklin Templeton.

▪️ Bitcoin is no longer perceived solely as "digital gold" — its potential is actively explored in the DeFi space, alongside Ethereum and Solana.

▪️ The development of BTC DeFi does not threaten its core idea, but rather expands the utility of the asset for technically savvy investors.

▪️ DeFi activity based on BTC can offset the decrease in block rewards through the growth of fees, thereby supporting the mining economy.

▪️ The integration of DeFi functions strengthens the Bitcoin network, increases returns for holders, and contributes to the sustainable development of the entire ecosystem.

🤡Trump delivered a speech about investments in America. All as usual:

• I'm the coolest

• money has started flowing into the USA, production is shifting to the territory of the USA

• trade negotiations with countries are progressing fantastically well, excellent, beautiful, fantastic

• Next week we expect our strategic advantage in negotiations with Canada and Europe. Negotiations with India, Japan, and South Korea are also progressing successfully

• announcements about the first deals can be expected in weeks, not months (pump in SP500 and BTC)

• someday we will conclude a deal with China, China is suffering a lot right now, I love China and want everything to be well for China

• Powell is an idiot, I understand rates better than him, the rate needs to be lowered

⚠️ More than half of all tokens issued since 2021 are already dead.

The company Coingecko conducted a study comparing the number of tokens launched in recent years and how many of them subsequently collapsed in price.

By 2025, 50% of all major crashes in the last 5 years will have occurred.

☄ Latest Details on the Trade War

▪️ The Prime Minister of Canada and Donald Trump will meet on April 30.

▪️ Trump reiterated that China and the EU have deceived the USA, and Chinese companies will be forced to cover the costs of the new tariffs.

▪️ US Secretary of Commerce: The market is misjudging the impact of tariffs. Trump is not focusing on market reactions.

Additionally, the Secretary announced a "ready trade deal" that will be announced soon.

▪️ USTR: Europe is not showing adequate participation in tariff negotiations.

▪️ CEO of Apple intends to produce iPhones in the USA.

🤑 Bitcoin closed April up 14.5% — the best result in the last 4 years

+29.29% compared to April last year. This is the strongest April close since 2021.

Despite the growth, it still lags behind the legendary breakthroughs of 2013, 2017, and 2020.

📊 Some analysts link the surge to news of tariffs proposed by Trump. But now the main question is — will BTC continue to rise in May?

History suggests there is a chance:

🟩 In 67% of cases over the last 15 years, BTC ended May in the green
🟩 Average return: +7.9%

But it's not all straightforward — ahead is the FOMC meeting and possible macro shocks. May promises to be volatile.#Trump100Days