2025-05-14

📅 May 14, 2025|Crypto Research Brief​
⛱️ Before We Begin
Cryptocurrencies involve uncertainty and risk. You may lose your entire principal.
This report is for sharing purposes only and does not constitute investment advice. Please make investment decisions rationally.
一、Indicators
The Market
Currencies​: 16,970
Exchanges​: 1,268
Total Market Cap​: $3.5 Trillion (+1.1%)
24H Trading Volume​: $150.25 Billion
Market Dominance​:
BTC​: 58.9%
ETH​: 9.20%
Sentiment Indicators
Fear & Greed Index​: 74
Altcoin Season Index​: 29
Data sourced from CoinGecko
Stablecoin Metrics
Market Cap of USD-Pegged Stablecoins: $245.3 B
Liquidation Map
二、SEC&ETF&Policy & Macro Analysis
BTC ETF
ETH ETF
Macroeconomic Overview
📈 Market Analysis
Since mid-April, macro narratives have centered around four key themes:
1.
Trump’s shift in stance (softening tone and pushing forward trade negotiations)
2.
Rising expectations of a recession
3.
Concerns over re-inflation
4.
Federal Reserve policy outlook
Following the conclusion of the Geneva summit and the subsequent joint economic and trade statement, tariff and trade negotiations have temporarily receded from the spotlight.
April CPI Data Highlights
1.
The focus this time is on the month-over-month (MoM) data, which came in at ​**0.2%**​, matching the Cleveland Fed’s forecast.
2.
A significant drop in energy prices helped offset inflation in new/used cars and food. This is likely a major reason why year-over-year (YoY) CPI met expectations while ​MoM CPI came in slightly lower than expected​.
3.
Real income MoM fell by -0.1%​, significantly below the previous figure. Since real income reflects the total earnings individuals receive from wages, rents, dividends, and social benefits, it serves as a better gauge of actual purchasing power. This decline in real income is dragging down consumer spending. However, in my view, the main driver of this drop may be ​stock market correction effects​.
Short-term outlook: Slightly bullish. Next focus is Thursday night’s ​PPI data​.
三、Market Highlights
⚠️ Reminder: Meme tokens are very volatile and not backed by fundamentals. Prices are driven by sentiment and may drop to zero. Please stay rational and assess your own risk before investing.
Daily Market Insights
1.Abstract Chain is expected to conduct its TGE by the end of the year.
2.Virtuals Protocol Introduces VIRTUAL Staking Feature
3.Believe Ecosystem Token’s Total Market Cap Surpasses $260 Million, Platform Creates Over 3200 Tokens
4.SEC Seeks Feedback on BlackRock Bitcoin ETF Physical Redemption, Delays Grayscale Solana and Litecoin ETF Proposals
5.Cryptocurrency brokerage firm eToro has completed its IPO in the United States, raising nearly $3.1 billion
On-Chain Trends
Believe
X:https://x.com/believeapp
Project Background
👉 Illustrated Guide
👉 LaunchCoin 20x in One Day, How Did Believe Create a $200M Market Cap Gold Dog After Going to Zero? | 100x Retrospective
Rules & Mechanics
KOL Review
https://x.com/yuyue_chris/status/1922541237099495645
Pump.fun Sees Its First Breakdown
Raydium’s LaunchLab Ecosystem Strikes Back On May 13, on-chain data analyst Adam shared Dune dashboard data on X, showing that in the past 24 hours, Raydium’s token launch platform LaunchLab (including third-party platforms like Letsbonk.Fun built on LaunchLab) saw 198 tokens graduate — surpassing Pump.fun’s 171 graduated tokens during the same period.Adam commented that ​this marks the first time in history that Pump.fun has faced real competition​.
👉https://en.theblockbeats.news/news/58155
Daily report
2025-06-11 Report
📅 June 11, 2025|Crypto Research Brief
Before We Begin
Cryptocurrencies involve uncertainty and risk. You may lose your entire principal.
This report is for sharing purposes only and does not constitute investment advice. Please make investment decisions rationally.
一、Indicators
📊The Market
Currencies: [17,411]
Exchanges: [1,281]
Total Market Cap: [US$3754 B] 1.7%📉
24-Hour Trading Volume: [US$140.18 B]
[BTC 61%📈 ETH 9.4%📈]
Gas: 1.62 GWEI
Altcoin Season Index: [31]
Fear & Greed Index:[68]
(Data sourced from CoinGecko
🧭Stablecoin Metrics
Market Cap of USD-Pegged Stablecoins: $254.4 B
🔥Liquidation Map
二、SEC&ETF&Policy & Macro Analysis
BTC ETF
ETH ETF
🏙️Macroeconomic Overview
Divergence Between U.S. Institutional and Retail Investors Resurfaces
According to the latest trading data from Goldman Sachs, after heavy selling and shorting in April, hedge funds have now entered a full-blown panic buying mode. Last week marked their fifth consecutive week of net buying U.S. equities, with long positions outpacing shorts by approximately 3 to 1. While hedge funds are “chasing the rally” in U.S. stocks, retail investor enthusiasm in Asia is cooling. Korean and Japanese retail investors have turned to short-selling, while buying activity in Singapore has dropped sharply.
Official data released on Tuesday showed that South Korean retail investors became net sellers of U.S. stocks in May for the first time, while Japanese accounts turned net sellers of U.S.-listed ETFs. In Singapore, the number of traders buying U.S. equities in May fell by one-fourth compared to the previous month.
The tokenization of US stocks is heating up again. Which on-chain platforms support trading US stocks?
Recently, the lines between “crypto” and “U.S. stocks” have increasingly blurred. On one hand, U.S.-listed firms like SharpLink and GameStop have seen stock surges after embracing crypto assets. On the other, crypto companies are going public—most notably Circle, which closed its first trading week at $107.7, up 247% from its IPO price of $31. BitMEX co-founder Arthur Hayes even suggested Circle’s debut could spark a wave of crypto IPOs. As excitement builds, on-chain trading of U.S. stocks is quickly becoming a hot trend.
Learn more 👉https://en.theblockbeats.news/news/58527
三、Market Highlights
⚠️ Reminder: Meme tokens are very volatile and not backed by fundamentals. Prices are driven by sentiment and may drop to zero. Please stay rational and assess your own risk before investing.
📰Daily Market Insights
1.Ethereum ecosystem tokens see broad gains, with UNI surging 23.4% in 24 hours
2.Silhouette, a privacy execution layer based on Hyperliquid, completes $3M Pre-Seed funding round led by RockawayX
3.Ethereum Foundation releases the 1TS “Security Challenges Overview” report
4.SlowMist’s Cosmos: Stolen assets from Alby wallet have been recovered
5.HYPE surpasses $42, hitting a new all-time high
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