- CEX Hot Coins
CEX Trading Volume Top 10 and 24-Hour Price Change:
BNB: 0.35%
BTC: -1.62%
ETH: -1.98%
DOGE: -4.06%
SOL: -1.40%
PEPE: -5.10%
TRUMP: -6.58%
XRP: 4.44%
SUI: -3.80%
LTC: 1.74%
PNUT: -6.17%
24H Price Increase Ranking (Data Source: OKX):
GODS: 33.71%
DEGEN: 25.14%
GOG: 17.35%
NEIRO: 11.20%
VRA: 9.49%
MOODENG: 8.90%
NULS: 3.85%
LAT: 3.17%
PNUT: 3.02%
OKT: 2.17%
- On-chain Hot Meme Top 5 (Data Source: GMGN):
PIPE
Fartcoin
POPCAT
TRUMPE
DISTRIBUTE
- 24H Hot Search Coins
IKUN: IKUN is a meme coin on the Solana chain, and the token name "IKUN" comes from the fan group "iKun" of the well-known Chinese artist Cai Xukun, inspired by its fan culture and internet meme phenomena, such as "little black fans." The IKUN token contract address is AtortPA9SVbkKmdzu5zg4jxgkR4howvPshorA9jYbonk. This token is primarily community-driven, with significant price volatility, and it is recommended to DYOR. Due to market popularity, its market capitalization has reached approximately $10.88 million (as of May 13, 2025).
Headlines
U.S. Retains 10% Tariff, Cancels or Suspends Other Tariffs
According to the joint statement from the China-U.S. Geneva trade talks, the U.S. will amend the value-added tariffs imposed on Chinese goods (including those from the Hong Kong Special Administrative Region and the Macao Special Administrative Region) as stipulated in Executive Order No. 14257 dated April 2, 2025. Among them, the 24% tariff will be suspended for the initial 90 days, while retaining the imposition of the remaining 10% tariff as per the provisions of this executive order; (2) cancel the tariffs imposed on these goods under Executive Orders No. 14259 and No. 14266 dated April 8 and April 9, 2025, respectively.
China will (1) correspondingly amend the tax committee announcement No. 4 of 2025 regarding the value-added tariffs on U.S. goods, where the 24% tariff will be suspended for the initial 90 days, while retaining the imposition of the remaining 10% tariff, and cancel the tariffs imposed on these goods under tax committee announcements No. 5 and No. 6 of 2025; (2) take necessary measures to suspend or cancel non-tariff countermeasures against the U.S. starting from April 2, 2025.
The Ministry of State Security reported three typical cases threatening national security, one of which involved a salesperson from a medical device company, Wang, who, by chance, watched a video released by an overseas anti-China organization. This organization not only published a large number of defamatory videos but also claimed that purchasing their virtual currency could yield high investment returns. Blinded by profit, Wang voluntarily joined this anti-China organization and purchased virtual currency worth $10,000. Unbeknownst to him, his actions constituted illegal funding of an anti-China organization, and ultimately, the national security agency punished Wang according to the law.
Truth Social Denies Rumors of Launching New Memecoin
Trump's social platform Truth Social denied rumors of launching a new memecoin, stating that the related rumors are false information.
Previously, sources indicated that the token from Trump's company Truth Social would be issued within 72 hours.
Whale James Wynn: Increased BTC Long Positions, Expects to Hit $112,000-$116,000 Range Soon
Notable whale James Wynn posted on X, stating that he has increased his BTC long positions. He personally anticipates that the market will quickly dip to around $102,900 and form a pin-shaped bottom, which would clear some leverage and allow him to further increase his holdings. In any case, in his view, BTC is expected to hit the $112,000-$116,000 range as soon as today or tomorrow.
Bitcoin is currently about 4.5% lower than its historical high of $108,786 in January. Vincent Liu, Chief Information Officer of Kronos Research, stated: "Bitcoin is currently hovering near historical highs, with strong technical momentum supporting its breakthrough of the 50-day and 200-day moving averages. The continuous increase of institutional investors and optimistic expectations for 2025 indicate that Bitcoin is likely to set new historical highs."
However, another analyst pointed out that Bitcoin's Relative Strength Index (RSI) indicates that the cryptocurrency is in the "overbought" zone. BTC Markets analyst Rachael Lucas stated: "This does not necessarily indicate that the market will reverse immediately, but it does increase the likelihood of a cooling or consolidation in the short term. A retest and consolidation above the key psychological level of $100,000 would be a healthy development and could lay the foundation for further increases."
Presto research analyst Min Jung stated: "The recent rise in the cryptocurrency market is driven by market optimism regarding the resumption of China-U.S. trade negotiations. As Bitcoin's dominance reaches levels seen before the 2021 bull market, we are now experiencing a typical rotation—capital is starting to flow into altcoins."
Presto analysts added that the likelihood of Bitcoin breaking through its previous historical high may depend on how trade negotiations develop, while other escalating geopolitical tensions remain a key variable.
Regulatory Trends
South Korean Presidential Candidates Clash Over Stablecoin Issues
South Korean presidential candidates have engaged in a heated debate over stablecoin policy. Lee Jae-myung, the candidate from the largest opposition party, the Democratic Party, argued on May 8 that "a Korean won stablecoin market should be established as soon as possible," warning that otherwise the country would face "capital outflow." This proposal was strongly opposed by reform party candidate Lee Jun-suk, who cited the 2022 Terra collapse case, pointing out that algorithmic stablecoin KRT led to disastrous consequences due to a lack of actual asset backing.
Supporters of Lee Jae-myung, former lawmaker Kim Byung-wook, countered that global regulators have clearly distinguished between algorithmic stablecoins and compliant stablecoins backed 1:1 by cash/government bonds, and that a Korean won stablecoin could reduce cross-border remittance costs. Industry insiders revealed that this is the first time South Korean politicians have publicly engaged in a technical debate on crypto assets, and the election results may determine the direction of the country's crypto regulation. The election will be held on June 3.
Stablecoin Bill Gets Second Review Opportunity in Northern Mariana Islands Legislature
The Senate of the Northern Mariana Islands voted 7-1 to overturn the governor's veto of the stablecoin bill, potentially giving the island a second chance to launch a stablecoin. The bill allows local governments to issue a 1:1 dollar-backed "Marianas USD (MUSD)" stablecoin. If the 20-member House of Representatives again overturns the veto by a two-thirds majority, this Pacific island with a population of only 2,000 may become the first jurisdiction in the U.S. to issue an official stablecoin, ahead of Wyoming (which plans to issue a coin in July). Democratic legislator Celina Babauta opposed the bill, citing "lack of law enforcement resources," but Republican proposer Jude Hofschneider emphasized that blockchain technology could enhance transparency in the industry. Technical partner Marianas Rai Company revealed that MUSD will be developed based on the eCash chain, with reserves in cash and U.S. Treasury bonds.
According to market news: Dubai has signed a landmark agreement with Crypto.com, making it one of the first governments in the world to fully implement public service crypto payments.
Industry News
BlackRock Applies for Physical Redemption for Its Ethereum Fund
BlackRock has applied for physical redemption for its Ethereum fund, allowing it to directly repurchase ETH.
According to the latest report released by the Bank for International Settlements (BIS), approximately $600 billion of cross-border cryptocurrency transactions are primarily driven by speculative activities rather than actual payment purposes. The report indicates that these transactions are mainly concentrated on exchanges between stablecoins and other crypto assets, reflecting market participants' sensitivity to price fluctuations. Researchers classified cross-border transfers of stablecoins and other crypto assets using on-chain transaction data, revealing that most transactions fall under asset exchange behavior, particularly focused on exchanges involving stablecoins like Tether (USDT) and USD Coin (USDC).
BIS warns that while crypto assets have potential in cross-border payments, the current usage patterns exhibit a high degree of speculation, which may pose risks to financial stability.
Market Expects Fed to Cut Rates by 56 Basis Points by December
Federal funds futures indicate that the market expects the Fed to cut rates by 56 basis points by December, down from last Friday's expectation of approximately 75 basis points.
Bitcoin Mining Company American Bitcoin Signs Merger Agreement with Gryphon, Plans to Go Public
Bitcoin mining company American Bitcoin announced that it has signed a formal merger agreement with Gryphon Digital Mining, planning to go public.
Amber International Launches $100 Million Crypto Ecosystem Reserve Program
Amber International (NASDAQ: AMBR) announced the launch of a $100 million crypto ecosystem reserve program aimed at accelerating the adoption of digital assets by institutional investors. This strategy will be supported by an AI-driven management mechanism, with initial allocations covering mainstream tokens such as BTC, ETH, BNB, SOL, SUI, and XRP, while retaining flexibility to invest in stablecoins like USD1. The company has initiated the first round of deployment through investments in DeFi Development Corp. and the establishment of a BNB fund.
Project News
LetsBONKfun Founder Adds $15,000 Reward for Quality Projects
LetsBONKfun founder Tom (@SolportTom) announced that to encourage more quality projects to launch on the memecoin platform LetsBONKfun, he will personally add a $15,000 USDC bonus to reward the most promising project teams (whether founders or CTO/operations teams) within the next 7 days.
This reward will be in addition to the platform's original $5,000 official bonus, allowing successful projects to receive up to $20,000 USDC in incentives.
Participation conditions include:
- The project must be unrelated to BONK;
- Must be deployed on the LetsBONKfun (@bonk_fun) platform;
- The project must demonstrate natural growth, avoiding artificial hype;
- Must have a compelling narrative and community resonance;
- Both launched and newly started projects are allowed to participate in the selection.
According to official news, Pumpfun announced the launch of a "Creator Revenue Sharing" mechanism, allowing Coin creators to earn 50% of the trading revenue from the PumpSwap platform. Starting today, any user who creates a Coin will continuously earn income as long as the token generates trading activity. The official stated that this mechanism aims to incentivize more quality project teams to participate in ecosystem building.
Meme Coin TRUMP Competition Ends and NFT Distribution Begins, Reward Points Program Launched
The official X account of TrumpMeme announced that the first TRUMP competition has officially ended, and the top 220 users on the leaderboard will receive notifications about dining with U.S. President Trump at the email registered during sign-up. TRUMP NFTs will be issued to all leaderboard participants, and the TRUMP reward points program has now been launched, allowing users to start earning points by connecting their wallets.
Curve Finance Faces DNS Hijacking Attack Again, Official Warning Not to Visit curve.fi
According to Curve Finance's official disclosure, its DNS has been hijacked again, and users visiting curve.fi may be redirected to malicious websites. Onchain security company Blockaid stated that this could be a front-end attack and advised users to avoid signing transactions and temporarily stop interacting with the DApp. The Curve team is currently working to restore access and has confirmed that the smart contracts are unaffected.
Additionally, the project has faced two attacks within a week, with its official X account being compromised by hackers on May 5.
BSC Foundation Address Purchased $75,000 Worth of TST, AIOT, SKYAI in the Last 10 Minutes
According to on-chain analyst Ai Yi's monitoring, the BSC Foundation address purchased a total of $75,000 worth of TST, AIOT, and SKYAI on-chain in the last 10 minutes, with $25,000 allocated to each token.
- TST: Cost $0.06274
- AIOT: Cost $0.4137
- SKYAI: Cost $0.04557
The foundation's purchasing tool is Mimic.fi, a DeFi operation modeling and automation platform that facilitates the quick execution of a series of on-chain operations.
Eclipse Claims ES Related Individuals Say ES is Coming to Binance, but Community Users Express Doubt
Drop Bureau posted on X platform stating that ES is about to launch on Binance.
However, community user @0xStudy expressed doubt, noting that Binance's hot wallet only holds 104,167 ES, and the funding source of addresses holding ES points to Castle Island Ventures, which in turn points to the institutional trading brokerage platform FalconX. The authenticity of the Binance listing is questionable.
Investment and Financing
Market News: SoftBank and OpenAI's $100 Billion Joint Venture Faces Funding Obstacles
According to market news, SoftBank and OpenAI's $100 billion joint venture is facing funding obstacles. SoftBank has not yet begun detailed negotiations regarding the "Interstellar Gateway" debt financing.
Layer0 blockchain infrastructure platform Openverse Network announced the completion of an $11 million strategic round of financing, with participation from Castrum Capital, TB Ventures, DuckDAO, Asva Capital, and others. The new funds are intended to accelerate its ecosystem development globally, including ecosystem building and encouraging more developers and partners to join in creating a more open and interconnected value network.
Blockchain cloud computing company Nirvana Labs has completed a $6 million seed expansion round of financing, co-led by Jump Crypto and Crucible Capital, with participation from RW3 Ventures, Castle Island, and Hash3 VC, bringing its total funding to $11.8 million.
The company provides computing services tailored for the crypto field, differing from traditional cloud service providers that concentrate computing resources. Nirvana uses bare-metal infrastructure, with each server serving only one client. Nirvana has served infrastructure providers such as BitGo and Fireblocks, as well as protocol foundations like Avalanche and Berachain. Nirvana also plans to act as a front-end service to help organizations deploy on the internet-filtering startup DoubleZero.
The Blockchain Group Completes Over €22 Million Financing to Accelerate Its Bitcoin Fund Strategy
European listed company The Blockchain Group (ALTBG) completed two rounds of financing totaling over €22 million within a week, including raising €9.9 million through equity financing on May 9, with the issuance price at a 61.7% premium to the 20-day average price. Participating investors include Tobam, Generali Ambition Solidaire, Jean-Marie Formigé, Quadrille Capital, EFG Bank, VP Bank, and others. On May 12, it issued €12.1 million in Bitcoin-denominated convertible bonds through its Luxembourg subsidiary, fully subscribed by Blockstream CEO Adam Back, with the issuance price at a 30% premium to the first batch conversion price.
The funds will be used to strengthen Bitcoin holdings and develop subsidiaries in data intelligence, AI, and other areas. The company, as a core member of "Bitcoin For Corporates," explores capital structure innovations centered around Bitcoin, including Bitcoin-denominated bonds and hard asset reserve strategies.
Voices of Influencers
1confirmation Founder: Ethereum Dominates RWA Ecosystem, Market Share Exceeds 80%
1confirmation founder Nick Tomaino posted on the X platform that Ethereum dominates the Real World Assets (RWA) ecosystem, with a market share of 81.6%, and that credible neutrality is crucial.
DeFi Report founder Michael Nadeau discussed the ETH market on X, stating:
- In the past few days, ETH's open interest has increased by 40%, indicating a significant amount of leveraged long positions;
- ETH's spot trading volume has surged from $4-6 billion per day to $15-18 billion, indicating real capital inflows;
- The funding rate has risen from 0.005% to 0.03%;
- In the past few days, the amount of ETH short liquidations has exceeded $85 million.
In summary, there are signs of "real capital inflows, long position accumulation, and short squeezes" in the current ETH market, with these three reasons driving the increase.
Matrixport released a chart today stating that as the Pectra upgrade continues, Vitalik is guiding Ethereum towards a Bitcoin-like simple architecture. His proposed protocol simplification concept, combined with several far-reaching improvement proposals, has become one of the key factors for ETH's over 60% increase. However, there are more variables worth noting behind ETH's strong performance.
On May 3, 2025, Vitalik proposed a vision for Ethereum Layer 1 centered on "clarity" and "security." EIP-4850 introduced a revenue-sharing mechanism with Layer 2 solutions, allowing Ethereum to continuously capture value from L2 activities; EIP-7691 aims to reduce L2 transaction fees and improve operational efficiency by expanding the data block (blob) capacity, encouraging more on-chain transactions to return to the mainnet.
Ethereum's liquidation scale has recently surged to $221 million, a rare phenomenon—such large liquidations typically occur during market downturns rather than during price increases.
Fed Governor Cook: Supports Keeping Interest Rates at Current Restrictive Levels
Fed Governor Cook stated that he supports keeping interest rates at current restrictive levels, noting that the Fed is in a favorable position to respond to changes in the macroeconomic outlook and is closely monitoring changes in trade policy and their impact on productivity and economic prospects.
Bitfinex Report: Bitcoin Bull Market Returns
Bitfinex published its latest report, noting that Bitcoin has returned to the $100,000 mark for the first time in over three months, showing new strength, after previously dropping 32% from its historical high in January. Driven by easing tariff tensions and a dovish shift in the Fed's stance, Bitcoin's breakthrough corresponds with a broader shift in risk appetite, allowing it to outperform stocks.
Importantly, the momentum of capital inflows into Bitcoin seems to be sustained, as evidenced by Bitcoin's actual market value reaching a historical high in the past two weeks, with ETF inflows exceeding $920 million. On-chain data also confirms a significant decrease in the number of Bitcoin held at a loss, with over 3 million Bitcoins now in profit. Coupled with rising spot trading volume and institutional-led ETF capital inflows, Bitcoin has currently established a structural foundation. As long as the macro environment remains supportive, any short-term declines are likely to be quickly absorbed, reinforcing the upward trend and positioning BTC favorably for new highs.
Citi: Global Short-Term Bond Yield Growth May Slow
Citi's interest rate strategists stated in a report that the previous upward trend in global short-term bond yields may be losing momentum, with a brief pause expected in the short term. There are still some factors unfavorable to the bond market, including the first trade agreement reached between the U.S. and the U.K., voting discrepancies in last week's Bank of England meeting, and the Fed's demonstrated wait-and-see stance. Additionally, substantial progress has been made in U.S.-China trade negotiations.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
