The Last Two Weeks of This Month Are a "Turning Point" for the Market It's unclear if it's intentional or not, but there are a lot of "heavyweight" news items from leading narrative projects happening from now until the end of May.
📍May 20: $PYTH Network will unlock over $1B worth of tokens at 9:00 PM (VN)
📍 May 23: Deadline for VanEck to make a decision on approving the first #ETHETFS Spot (likely to be rejected this time)
May 24: 📍 AI System - launching a unified token $ASI from 3 top-tier AI projects (AGIX, FET, OCEAN ) $FET 📍 Mocaverse - Animoca's NFT darling project will conduct TGE,....
📍 May 27: Solana launches v1.18 upgrade $SOL
This morning, the news that the President of IRAN died in a helicopter crash on Sunday has helped to push up gold prices => It is expected that the Crypto market will also have big fluctuations, so please be prepared for all scenarios!
Find Out Why Bitcoin Price Surges Unexpectedly Today (May 13)
In the afternoon of May 13 , the price of Bitcoin ($BTC ) unexpectedly surged from $60,800 to $62,700 in just 3 hours. Specifically, #BTC🔥🔥🔥🔥🔥 has increased by about 3% in just a few hours, with hourly candlestick clusters (H1) showing a strong upward momentum according to the Marubozu pattern (full-force green candlesticks, closing at the highest point).
So what could be the reason behind BTC's sudden surge like this in a context where there isn't any particularly significant news? Firs
BounceBit distributes Airdrop, the #restaking trend on $BTC is Heating up Again? After the end of the #Megadrop event, #bouncebit has taken action to prepare for listing on Binance today with the website's refresh, reopening of staking/unstaking, reopening of premium yield, and allowing users to claim yield from staking. $BNB In addition, the project has distributed Airdrop to #BTC🔥🔥🔥🔥🔥 / $FDUSD takers in the testnet phase. The Airdrop will be transferred to users' wallets completely automatically. The Airdrop token #BB to users will fuel the resurgence of the Restaking trend on Bitcoin
Key Economic Announcements That Could Influence Your Trading Decisions The coming week is packed with economic data releases that could significantly impact the cryptocurrency market. Whether significant or minor, these events can trigger fluctuations, especially during this period of heightened sensitivity in the crypto market. Here's a list of key economic events that you shouldn't miss. Stay informed and follow the news closely for the latest updates. $BTC $FDUSD $BNB
Rising Expectations of Rate Cuts Drive Crypto Market Upward According to the Chicago Mercantile Exchange, the probability of the FED cutting interest rates by 25 basis points in July is approximately 25%, increasing to nearly 49% in September. Recent US employment data also shows a slowing labor market, with initial jobless claims surged to 231,000. This hints at a weakening job market, possibly prompting the #Federal Reserve to consider earlier rate cuts, favoring cryptocurrencies like $BTC Additionally, significant inflows of $11.54 million into #BitcoinETF💰💰💰 , like #GRAYSCALE and #Bitwise , along with Trump’s positive remarks on crypto, have further fueled the upward movement. However, there are still significant challenges due to the ongoing regulatory pressures and market uncertainties.
#ChatGPT. on the iPhone: The Collaboration Asserting The Dominance Of AI. #Apple has closed in on an agreement with #OpenAI to use the startup’s technology on the iPhone with new AI features of #chatgpt that it’s planning to announce next month. However, no official announcement is imminent. Spokespersons for Apple, OpenAI, and Google have declined to comment. If this partnership becomes a reality, OpenAI will extend its influence even more, benefiting not only the project itself but also the entire #AI sector, confirming speculation about the dominant AI trend in the crypto market. However, whether or not Google collaborates with OpenAI, news of Apple's potential AI partnership is enough to boost market enthusiasm for the AI trend, given investors' current focus on AI. $RNDR $FET $NEAR
Spill The Tea: Market Maker's Showbiz One hour ago, Tree News reported that Mr. Head, a supervisor at Binance, accused #DWFLabs of price manipulation, Binance then immediately fired this person. In response to this news, 30 minutes later, DWF Labs posted a tweet reassuring its partners and the public, asserting that it was all just a hoax. —> Sideline rumor: DWF Labs is being resented by other market makers due to the organization's rapid expansion in project price manipulation.
#ETFs Witnesses The Most Boring Trading Session Since Launch The $BTC ETF saw a positive net flow of $11.5 million yesterday. However, only the #Bitwise fund had any trading activity. Grayscale (#gbtc ) and 8 other ETF funds continue to remain stagnant, resulting in today's trading session having extremely low volume, with a net flow of 0. Hong Kong isn't faring any better, with the total trading volume of #BitcoinETFs in Hong Kong only around $6.2 million. $ETH
Will Trump Make #NFTs. Great Again? On Wednesday, Donald #Trump hosted a special event for NFT owners, where he voiced his support for crypto. In response to a question about whether he would keep crypto businesses in the U.S, Trump said that he’ll work to retain them in the country. Other than vowing to keep crypto entrepreneurs in the United States, Trump also took partial credit for making “NFTs hot again", at a time when the NFT market seemingly lost its steam. Therefore, there are chances that NFTs will become a hot trend again sooner or later, especially if Trump wins the election. What do you think? Will NFTs be included in your portfolio? $MEME $GMT $RNDR
Hong Kong Spot Bitcoin and Ether ETFs Struggle To Gain Traction
Hong Kong’s spot $BTC exchange-traded funds (#ETFs ) have not lived up to expectations in their first week of launch. Compared to their U.S. equivalents, they’ve significantly underperformed. According to statistics, the asset inflows were less than $14 million in the first week of launch, a stark difference from the billions that flowed into U.S. #BitcoinETF💰💰💰 in January. A study by crypto exchange OSL found that nearly 80% of crypto-savvy investors in Hong Kong plan to invest in the new Bitcoin and #EthereumETF . However, these assets are not currently accessible to Mainland Chinese investors unless they also hold Hong Kong residency
📢Micro news 🔸 $BTC - Bitcoin hits $63,000 per coin, up 7.29% for the day. Market cap reaches $2.444 trillion. 🔸 $GBTC - Grayscale's spot #BitcoinETFs sees its first inflow ($63M) since launch. 🔸 $IBTC - #HongKong-based Yong Rong Asset Management purchased BlackRock IBIT worth $38 million 🔸 $FRIEND - has launched the $FRIEND token, users dumping their holdings caused FRIEND from Airdrop to decrease in value by over 99%, and it is currently trading around $1.5 with a market cap of $100 million. 🔸 $FET - Fetch_ai adds 1.4 billion $FET to support the 1:1 conversion to #ASI - Merger project between $FET , $AGIX, and $OCEAN. 🔸 $OSMO - osmosiszone intends to debut "alloyed bitcoin" next month, with staked BTC integration slated for June. 🔸 $MKR - Maker has unveiled its rebranding, announcing that each MKR will be redenominated to 24,000 $NGT and $NST 🔸 $TON - Ton Foundation confirms no #Web3 phones have been issued, all other products are community-driven ideas. 🔸 $ZRO - #LayerZero is urging users to violate Sybil self-declaration in order to receive a 15% allocation instead of zero. -------------- 📢Macro News 🔸 FED has no intention of raising interest rates and has announced a reduction in the pace of quantitative tightening from $60 billion per month to $25 billion per month. 🔸 The US SEC postponed its decision on 7RCC spot Bitcoin and carbon credit futures ETFs 🔸 #BlackRockCrypto says now is the time to lock in higher yields and move cash into bonds 🔸 SEC shuts down Trump Media auditor over ‘massive fraud’ 🔸 Private equity firms step up plans to edge banks out of low-risk lending 🔸 US stocks rally as cooling labor market boosts rate cut hopes
Can $PEPE and $BONK Become The Next #SHİB ? In the past month, the crypto market has experienced significant fluctuations and some uncertainty. However, #PEPE❤️ and #BONK🔥🔥 have continued to exhibit very stable growth. Specifically: ✨ $PEPE : + 12.64% (24h); +7.30% (1Mo) ✨ $BONK : + 14.69% (24h); +11.03% (1mo) With this steady growth, many people are bullish on these two #Memecoins and expect them to potentially replicate the history of $SHIB . Will PEPE and BONK price continue to rise ? Which one will pump harder in the near future?
Block Will Allocate 10% Of Bitcoin Profits To Buy $BTC Each Month "In the future, each month we will invest 10% of the total profits from #BTC products into buying Bitcoin," Jack Dorsey - #Twitter co-founder wrote in a shareholder letter on May 2, including first-quarter results better than expected. Currently, Block holds 8,038 BTC as of March 31 - worth $573 million with reported paper profits of $233 million.
$TRB Pump: Genuine Growth or Manipulation? Over the last 24 hours, #trb👀 price skyrocketed by an astonishing 60.56%, hitting $76.02. After this surge, many people were expecting $TRB to reach $100. However, there are numerous opinions suggesting that the sudden surge is the result of manipulation by influential whales, aimed at driving the token's price to their advantage. The question arises: is this manipulation real? Will TRB reach $100, or will it become a sharp decline? #TRBAnalysis
Two Signs Indicate That The Price Of Bitcoin May Be Nearing A Bottom!
The price of $BTC has experienced a significant decline from April 30th to May 1st, dropping by approximately 11.5% from $64,700 to $57,000. Top cryptocurrencies like $SOL and #AVAX✅ have seen a 6% decline since the week began. $DOGE has dropped by 14% in just three days, triggering a downturn in other meme coins such as BONK, WIF, #SHİB , among others. Yet, experts see signs suggesting BTC might be approaching a bottom, such as reduced worries about the FOMC meeting and the traditional fina
A16z Buys $90M Of #Optimism ! Layer 2 Trend May Come Back Soon Andreessen Horowitz has invested nearly $90 million to the $OP token from Optimism, with a two-year vesting period. Currently, the value of OP stands at approximately $2.659, increasing 2.86% over 24 hours. This investment by #a16z signifies a significant show of confidence in #L2 solution, particularly noteworthy given a16z's prior investment in #Base which is a $ETH layer 2 solution. Therefore, their investment in $OP is affirming its commitment to the layer 2 solution. With a16z's involvement, Layer 2 solutions are expected to regain popularity. What do you think?
Securitize - A New #RWA! Project Expected to Take Place of #Ondo Recently, Securitize announced that it has raised $47 million led by #BlackRock’s (confirmed), with strategic investors including reputable names like #Aptos Labs, Circle, and #Paxos Securitize specializes in tokenized real-world assets, and the project is believed to have the potential to rival Ondo in the RWA sector. With the raised investment amount, Securitize has not only showcased its potential but also proves that the demand for tokenized real-world assets has never been higher.
A List Of #Altcoins👀🚀 That Are Outperforming Despite The Market Dump. $HNT - Negligible drop in price and is still up 30% weekly due to positive news on adoption. $W - Dumped hard and starting to show strength off a potential bottom. $OP - Strong momentum coming off a recent OTC deal with a16z. $ZETA - Cross chain blockchain showing strength after potential bottom. $GLM- AI related coin. $POPCAT - $SOL memecoin that retraced from lows back to ATH. $NOIA - Modular data infra. Recently announced a big partnership with Injective. $GOG - Play to earn game built on #IMX $APU - One of the rare memecoins that is still holding up right now. $CAW - Bird #Memecoins🤑🤑 that runs on Cronos but can be transferred to some other chains as well.
Tips for Altcoin Buying After the US Treasury Buyback Begins The US money pump will resume operation on May 28th with the Treasury Buyback from the government. Every week, an average of $2 billion will be pumped out to boost the market. Don't forget that this year is the US presidential election year. Therefore, if choosing to speculate on #Altcoins👀🚀 , note the following: 📍The cost of creating 1 token is several million to tens of millions => listing cap is a few hundred million, FDV is a few billion => low liquidity altcoins will have no bottom to change with the chart. 📍Pumping tokens, one trend, narrative is only momentary, different each time. 📍Altcoins usually pump strongest when money is cheap, central bank money pumps are strongest. 📍The account buying altcoins is only a displayed number until cashing out to USD, VND is the real number. => The time to buy alts is when there is little capital tied up, no worries about liquidity, possibly falling in June this year.
2 Media Tokens Surging! Should We Pay More Attention to the Media Category? Over the last 24 hours, the media category saw significant growth of two tokens $COS and $COMBO . To be more specific: 📍$COS : +13.77% ($0.012375) 📍$COMBO : +15.45% ($0.7103) Will there be other tokens in the media category that will experience significant growth in the near future?