On February 7, Arthur Hayes posted on social media that his initial assessment is that the sharp decline of BTC may stem from the risk hedging activities of traders using the structured product IBIT (Bitcoin Spot ETF). He will then compile a systematic list of all related announcements issued by major banks to better identify the key factors that could cause such strong price fluctuations.$BTC
Theo Mars Finance, chain data shows "BTC OG internal whale" just sent an additional 3,401 BTC to Binance, worth approximately 238.7 million dollars. In the past hour, the "BTC OG internal whale" has transferred a total of 5,000 BTC to Binance, worth 351 million dollars. $BTC
What has happened? The Dow Jones Industrial Average reached an all-time high (ATH), driving the overall recovery of risk assets. Bitcoin has made a strong recovery from a low of $60,000, even surpassing the $71,000 mark this morning, rising nearly 20% in 24 hours. The previous decline was mainly due to selling pressure from institutions, with cash flowing out of ETF funds and a risk-averse macroeconomic sentiment, with the VIX (fear index) dropping to a level of 6 at one point, a level of extreme panic rarely seen in history. The Bithumb incident of mistakenly sending Bitcoin exacerbated market volatility for a short period, but the market has largely recovered now. Market Sentiment Market sentiment remains cautious. Although the fear index has recovered, it is still low, and the funding rate for contracts indicates that bearish sentiment has not subsided. Some traders believe that the $60,000 level is a solid bottom, and organizations like MicroStrategy have stated that they will continue to hold and increase their BTC holdings. There is significant disagreement within the community, with some KOLs warning of a bullish trap. The prevailing view leans towards a short-term recovery, followed by a potential corrective pullback. Trading Guidance Expectations for a short-term recovery of BTC have been reinforced, with structural support in the range of $60k-$70k. Trend trading (swing trading) is the primary strategy. If the lower end of this range is broken, the market will shift to a downtrend. If the recovery does not reach $70k, be cautious.$BTC
#CryptoCPIWatch 1, Trump calls: The stock market will soar. Last night, top U.S. stocks surged, blockchain stocks rose sharply, Coinbase increased by 23.9% after being added to the S&P 500 index; 2, The SEC is seeking opinions on BlackRock's actual Bitcoin ETF buyback and is delaying Grayscale's #SOL and #LTC ETF proposals; 3, The Uniswap fund transferred about 438,000 #UNI, which was listed on Binance an hour ago; 4, Cryptocurrency investment firm Twenty One Capital, backed by Cantor Fitzgerald, Tether, and SoftBank, purchased 4,812 #BTC, worth $458.7 million; 5, MicroStrategy's SOL version DDC increased by approximately 172,600 SOL, valued at around $23.6 million, totaling nearly 600,000 units; 6, London asset management firm Abraxas Capital bought nearly $500 million worth of #ETH in six days; 7, Virtuals: Staking VIRTUAL has launched, simply holding #VIRTUAL will no longer earn points; 8, A whale has increased its short position with 5x leverage above $250 million; 9, #PASTERNAK has increased over 750% in the past 24 hours and previously exceeded $200 million in market capitalization; 10, Coinbase invests in stablecoin issuer Canada Stablecorp, the stablecoin battle remains fierce; 11, Virtual humans on the MIRAI chain: Refunds have been completed. 50% of the 76,831 SOL raised has been refunded to users; 12, #SKYAI on the BSC chain topped the overall trading volume leaderboard in 6 hours, surpassing #TRUMP, increasing 48% in 24 hours, with a market capitalization of $90 million.
#CryptoRoundTableRemarks According to Followin, on May 14, LAUNCHCOIN (originally PASTERNAK) continues its upward trend. After the market capitalization surpassed 100 million dollars yesterday, it has now reached 180 million dollars, an increase of nearly 1000% in the past 24 hours. $PASTERNAK was initially launched by Ben Pasternak's Clout platform, which aimed to build "Wall Street + Hollywood of Web3" through the tokenization of social influence. Due to a lack of transparency and practical use cases in the early stages, the token's value plummeted from 80 million dollars to 190,000 dollars, criticized by some investors as a "soft rug pull." In April 2025, Clout rebranded to Believe, upgrading its technology and ecosystem. Previously, PASTERNAK was renamed to Launch Coin on Believe (LAUNCHCOIN), a token name that aligns with Clout's upgraded brand name (Believe).
$BTC Theo Cointelegraph, the circulating supply of BTC (the amount of BTC held by wallets not selling) has reached an all-time high of 14 million BTC. This means that whales continue to accumulate rather than sell, even as BTC has recovered above $100,000. According to Glassnode, the circulating supply of BTC has increased the most in the past 30 days.
#TradeWarEases On May 13, according to Spot On Chain, a whale just sent 8 million EIGEN tokens (equivalent to 10.1 million US dollars) to Binance, and may have locked in profits of 596,000 US dollars (+6.34%) just after 4 days of holding. This whale is still holding 10.9 million EIGEN tokens (equivalent to 13.5 million US dollars), of which the unrealized profit is 712,000 US dollars. EIGEN has decreased by 11.2% in the last 24 hours amid a market correction.
$BTC According to information from Foresight News, based on monitoring from Dư Ảnh, two whales have shorted BTC/ETH/SOL on Hyperliquid and achieved unrealized profits: Whale 0x5b5d since May 9 has used 5x leverage with 50.5 million USDC to short 228 million USD in assets, achieving an unrealized profit of 6.38 million USD; Whale 0xB83D used 3x leverage with 33 million USDC to short 92.1 million USD in assets, achieving an unrealized profit of 220 thousand USD.
#MarketPullback According to Foresight News, data from coinglass shows that in the past 24 hours, the total value of liquidated accounts across the network is 152 million US dollars, with long liquidations totaling 92.74 million dollars and short liquidations totaling 59.59 million dollars. Among them, Bitcoin liquidated 34.27 million dollars, Ethereum liquidated 23.78 million dollars. $BTC
#USStablecoinBill According to information from ChainCatcher, citing Kim Thap, market strategist at IG Yeap Jun Rong stated: "Gold prices began to rise sharply this week, as investors returned to safe assets to hedge against portfolio volatility due to concerns over taxes raised by U.S. President Donald Trump. Any signals from the U.S. Federal Reserve could provide additional support for gold, enhancing its overall upward momentum."
$SOL Since the approval of Bitcoin and Ethereum ETF funds in 2024, all attention has focused on which assets can follow this trend. Subsequently, Solana has emerged as a strong candidate, with this cryptocurrency showing strong momentum for the upcoming investment vehicle. Currently, analysts from Bloomberg forecast a 75% or higher likelihood of approval for a range of altcoin ETF funds, including Solana. Analysts predict that SOL and other cryptocurrency ETF funds will be approved by the end of the year, with the aim being this fall. Solana could become the third cryptocurrency-based ETF approved by the U.S. Securities and Exchange Commission (SEC). There are currently eight separate spot fund proposals under review by the SEC, including ETF funds related to solana (SOL), litecoin (LTC), dogecoin (DOGE), XRP, cardano (ADA), avalanche (AVAX), polkadot (DOT), and hedera (HBAR). However, SOL is considered the top choice for the next ETF fund.
#EUPrivacyCoinBan EU has plans to ban anonymous cryptocurrencies and unverified cryptocurrency accounts under the AMLR regulation of 2027. CASP, not miners or validators, must report cryptocurrency market abuse under the MiCA regulation. Europe is tightening controls on the anonymity of cryptocurrencies with the new Anti-Money Laundering Regulation (AMLR) of the European Union, expected to come into effect in 2027. This regulation will carry out a comprehensive crackdown on privacy-focused digital assets. The law prohibits cryptocurrencies that enhance anonymity such as Monero [XMR] and Zcash [ZEC], as well as unverified cryptocurrency accounts. It forbids financial institutions, including banks and cryptocurrency asset service providers (CASP), from processing anonymous cryptocurrency transactions. This move signals a significant shift towards transparency and stricter regulatory oversight in the EU's digital asset market.
#DigitalAssetBill EU is on the brink of a cryptocurrency revolution. The draft Digital Asset Law of 2025, also known as the GENIUS Law, is gaining traction in Congress, signaling a potential change in the way digital assets are managed.
$SOL Reminder: if Solana/BTC drops even 3-4%, your trench bag will drop 20-30%. Keep this in mind when trading. Don't get overly exposed. Utility games with strong communities will still hold firm. Also, send me some stock codes. Are there any utility games? Prioritize low market cap⬇️
Odaily reports that according to Cointelegraph, CZ stated on the TOKEN 2049 stage that the use of crypto has not yet surpassed the scope of trading, but this only means that real opportunities are still ahead. Furthermore, thanks to the current expanded infrastructure, the next breakthrough application supported by AI and blockchain could reach 100 million users in just a few days.
According to Mars Finance, based on monitoring data from Onchain Lens, a certain whale address has sold 2.629 million AIXBT in cross-margin, incurring a loss of 660,000 USD. This address had previously spent 329.45 ETH (1.06 million USD) to purchase AIXBT.
#AirdropSafetyGuide a16z Crypto: Long-Term Airdrop Strategy On April 26, a16z Crypto published an analysis article about airdrops in the Web3 space. They pointed out that the current airdrop strategy is too focused on short-term user growth and does not prioritize the goal of building a long-term community and protocol governance. Long-Term Incentive Tools a16z Crypto recommends that project owners design airdrops as "long-term incentive tools." This approach will help filter participants who have genuine commitment. This can be achieved by setting lock-up periods and guiding users to engage in governance behaviors and contributions, rather than just attracting "airdrop hunters." Building a Loyal Community Airdrops should be viewed as a means to build a loyal community and realize the long-term value of the protocol. They are not just simple marketing tools, but a way to cultivate loyalty and encourage long-term participation.
#AirdropStepByStep Official Announcement from Gate.io about MemeBox and Support for Solana Recently, according to official information from Gate.io, the MemeBox platform has expanded its integration with the public chain Solana and launched a limited-time airdrop program with a total prize of up to 300 SOL. Details of the Airdrop Program Event Duration: From 10:00 on April 30, 2025, to 10:00 on May 6, 2025 (UTC+8). Eligibility: Users who make their first transaction on MemeBox and customers in the Innovation Zone of Gate.io. Individual Reward: The largest prize for an individual can be up to 1 SOL.
#AirdropFinderGuide Charles Hoskinson Update on Partnership with Ripple and Chainlink During the "Ask Me Anything" event on YouTube, Charles Hoskinson, the founder of Cardano, provided important information about two key partners. The discussion with the XRP team of Ripple is progressing positively, and soon, XRP will be supported in Cardano's Lace wallet, allowing users to securely store XRP. The Lace wallet, launched in April 2023, started with support for native assets like ADA, and has now become a multi-chain wallet, enabling the management of XRP alongside ADA and BTC. Airdrop for XRP Holders and the Midnight Project Hoskinson confirmed that the feature is under development but did not provide a specific launch timeline. Additionally, XRP holders will participate in the Midnight airdrop, a new security project from Cardano. The NIGHT airdrop is expected to reach 37 million users across eight blockchains, including Bitcoin, Ethereum, Cardano, and XRP Ledger. Hoskinson also mentioned discussions with RLUSD, indicating the possibility that Cardano will soon support Ripple's stablecoin.
#AltcoinETFsPostponed PANews reported on April 30 that according to ZachXBT, the amount of 3,520 BTC (approximately 331 million USD) that was previously stolen has started to be laundered through at least 6 flash trading platforms and exchanged for XMR, causing the price of XMR to surge for a short time. It has now been confirmed that this incident was a social engineering scam targeting an elderly American, and the source of funds at the related address is "quite suspicious".