Today's Highlights
1. US Senate to Vote on Kevin Warsh's Fed Board Confirmation
2. HKU Hosts Forum on Digital Finance and Web3 Visionaries
3. Trump Mobile T1 Phone to Begin Shipping Next Week
4. Pokémon Card Expansion Pack Launch in Thailand
5. Berkshire Hathaway vs. Walmart Market Cap Prediction
Macro News
Bitcoin Falls Below $80,000 Amid U.S.-China Tensions Over Taiwan
Bitcoin dropped below $80,000 following a warning from Chinese President Xi Jinping to U.S. President Trump regarding Taiwan, adding pressure to the market. BTC traded at $79,200, down 2.3% in the last 24 hours.
US Spot BTC ETFs See $630M Net Outflow, Highest in Two Months
According to AiCoin, U.S. spot BTC ETFs experienced a $630 million net outflow on May 13, the highest in two months. IBIT and ARKB were the largest outflows, with $285 million and $177 million respectively.
Trump's China Visit: 8 CEOs on Air Force One Highlight U.S. Corporate China Dependency
Eight major U.S. CEOs, including Elon Musk and Tim Cook, traveled with Trump on Air Force One during his China visit, highlighting the deep economic ties between American corporations and China.
New FED Chair Appointment Sparks Concerns Over Market Volatility
Historical data shows that Bitcoin has experienced significant price drops following the appointment of new Federal Reserve chairs. The market is now watching closely as a new chair is set to take office.
Bitcoin Derivatives De-Risking Reaches $1.25B Amid CPI Data
Hot CPI data triggered a $1.25 billion de-risking in Bitcoin derivatives across major exchanges, as leveraged traders adjusted positions in response to macroeconomic uncertainty.
Industry Hotspots
JPMorgan Anchors ETH in Institutional Finance with Tokenized Fund
JPMorgan filed JLTXX with the SEC, a tokenized fund built on Ethereum under the GENIUS Act framework. This move signals Ethereum's growing role in compliant financial infrastructure.
XRP Whale Wallets and South Korean Trading Volume Indicate Institutional Reentry
A surge in XRP whale activity and increased trading volume in South Korea suggest a quiet return of institutional capital to the crypto market, contrasting with the retail-driven frenzy of 2021.
PineApple Finances Treasury Value Surpasses $60M
PineApple Finances' treasury value has exceeded $60 million, with significant holdings in Injective's $INJ. The treasury has grown by over 50% in one year, outperforming Microstrategy's BTC returns.
Boson Launches x402B to Enable Smart Agent Trading
Boson announced the x402B integration, which connects its protocol with x402 to enable smart agent trading without intermediaries. This development aims to solve one of the largest challenges in future digital commerce.
SOL Drops 5.6% Amid Geopolitical Tensions and Market Uncertainty
Solana fell 5.6% as geopolitical tensions between the U.S. and China over Taiwan weighed on investor sentiment. The broader market also saw Bitcoin and Ethereum decline amid rising macroeconomic uncertainty.
KOL and Institutions
@xrppricealerts
XRP traded between $1.41194 and $1.46872 today, with a session range of $0.05678 or 4.02%.
@TacTanner
Crypto starts the European morning in a colder mood, with a total market cap of $2.63T, 24h volume of $94B, and Bitcoin dominance at about 60%.
@AlphaNorahX
Most people don’t lose to the market; they lose to their own impatience.
@impandoratech
Top ten cryptocurrencies show mixed performance: LUNC up 127,155.09%, DOGE up 2.55%, while BTC and ETH declined by 1.3% and 0.58% respectively.
@MarketReadout
BTC fell to $79,449 (-1.29%), ETH to $2,253.15 (-1.00%), and SOL to $90.58 (-3.97%), while the S&P 500 rose 0.72%.
@CoinEx
Momentum is returning to the market with top gainers on CoinEx including $POLS (+82.11%), $LVVA (+51.35%), and $XKR (+48.45%).
@BenjaminPeverga
Defense first. Offense second. Risk keeps you alive. Reward makes you rich. The market pays patience and punishes desperation.
@OLIVAI01
OLIVAI01 Investments reports total tracked value of $2,711.64, with $1,184.04 in SOL and $1,527.60 in SUI. Holdings include PSOL, JUPSOL, and JLP.
@NVIDIA
NVIDIA's market cap now exceeds the GDP of all countries except the U.S. and China, reaching $5.5 trillion.
@arsenal
Arsenal's performance in the Premier League remains uncertain, with predictions on @Polymarket focusing on City games and potential point drops against Burnley or Palace.
This content is generated by AI for informational purposes only and does not constitute investment, financial, or trading advice.