Daily View

1️⃣ Bitcoin Stats

$BTC is experiencing a modest rebound with speculative funds returning to the market, amid analysis focusing on key price support levels.

2️⃣ Token to Watch

$HOSICO $0.0365 +53.20%
$HOUSE $0.0895 +48.23%

3️⃣Daily Focus

- Institutional interest remains evident, with large inflows into Bitcoin and Ethereum spot ETFs occurring recently.
- On the macro front, uncertainty persists as tariffs and economic conditions raise questions about near-term growth, while Federal Reserve policies and inflation data continue to influence market sentiment.

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🌐 MEXC's $30 Million Web3 Initiative: A Commitment to Blockchain Innovation

💰 MEXC, a prominent cryptocurrency exchange, has launched a $30 million initiative called IgniteX to support the development of Web3 talent globally. In an interview, COO Tracy Jin emphasized the importance of people in building the future of Web3, stating,

We believe the future of web3 depends on the people building it.

The program will offer scholarships, blockchain courses, hackathons, technical mentorship, and startup accelerator programs.

🌍 MEXC's approach is global, with Jin stating,

We don’t care where you are, if you have a good idea and it solves a real-world problem, we will be there.

This reflects the exchange's commitment to being more than just a marketplace; it aims to be an active catalyst for real-world innovation.

⚠️ However, Jin also addressed the risks associated with the booming real-world asset (RWA) tokenization sector. She noted that while the total value locked in on-chain RWAs has surged past $21 billion and is projected to reach $16 trillion by 2030, this growth comes with fragility. She warned,

The recent collapse of OM token... showed how quickly confidence can vanish when transparency or utility is compromised.

Jin urged investors to focus on fundamentals like asset backing, regulatory clarity, and transparent teams, stating,

RWA tokenization is not just a tech play, it’s built on trust.

📈 On the topic of Bitcoin, Jin pointed to recent price movements that suggest a potential rebound in Q2 2025. She reported a 25% increase in spot trading volume and a 15% bump in futures trading volume, noting that traders are reducing leverage and moving into spot positions. She said,

All of this suggests shifting market sentiment and the potential for new price discovery.

Additionally, Jin mentioned increasing capital inflows and renewed institutional interest in Bitcoin as a hedge and store of value.

📜 As global regulations tighten, MEXC is proactively strengthening its compliance teams across all regions. Jin stated,

We’re not waiting to react. We’re working with local regulators and legal partners to align with new policies.

She argued that regulatory clarity will filter out bad actors, protect users, and create a stable foundation for tokenized assets and institutional trading.

🔗 Looking ahead, Jin highlighted the emerging trend of Decentralized Physical Infrastructure Networks (DePIN), which allow communities to own and operate real-world infrastructure and get rewarded in crypto. She sees massive long-term potential in this model for lowering costs and shifting ownership from corporations to communities.

🚀 With its significant funding initiatives, proactive regulatory stance, and strong market insights, MEXC is positioning itself as a leader in ecosystem development under Jin’s leadership. The exchange is taking a proactive role in shaping the future of Web3 by supporting builders, identifying risks, and staying ahead of industry narratives.

🌍 BRICS Nations Accelerate Shift from Western Finance

💬 The BRICS countries are intensifying their efforts to move away from Western-dominated financial systems by promoting local currency trade, cross-border payment systems, and innovative investment platforms. During a recent meeting in Rio de Janeiro, foreign ministers from these nations emphasized their commitment to reducing reliance on dominant global currencies.

📜 The official Chair’s Statement from the meeting highlighted the importance of expanding the use of local currencies in trade and financial transactions within the BRICS bloc and with partner countries. Hosted under Brazil’s 2025 BRICS Chairship, the meeting underscored the group's intention to enhance economic sovereignty and regional cooperation through new monetary tools.

The ministers underscored the importance of the enhanced use of local currencies in trade and financial settlements between BRICS countries and their trade partners.

🔍 The statement referenced paragraph 66 of the Kazan Declaration, which directs finance ministers and central bank governors to continue examining the use of local currencies and payment instruments. This includes assessing the feasibility of a BRICS cross-border payments initiative, BRICS Clear, and enhancing the bloc’s reinsurance capacity. These initiatives are seen as crucial for deepening financial integration among BRICS members and reducing vulnerabilities to external economic shocks.

💰 The group also reaffirmed its commitment to fostering investment within its own ranks and across the Global South. The statement noted:

They emphasized the importance of continuously expanding local currency financing and strengthening innovation in investment and financing tools.

🌐 This strategy aligns with broader goals of financial inclusivity, economic resilience, and a transition toward a multipolar economic system that better reflects the interests of emerging markets and developing countries.

💡 The focus on local currencies and financial platforms complements ongoing discussions about BRICS-led alternatives to existing global payment systems. Ministers are expected to present concrete proposals for BRICS leaders to review, building on the momentum created by prior declarations and new institutional frameworks designed to accelerate intra-bloc economic collaboration.

🚨 BitcoinOS Enables First Bridgeless BTC Transfer to Cardano Mainnet 🌐

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Daily View

1️⃣ Bitcoin Stats

$BTC is testing critical resistance near $93,000, with analysts warning that a failure to hold above this level could trigger significant technical and psychological setbacks.

2️⃣ Token to Watch

$PARTI $0.2817 +24.03%
$CHILLGUY $0.0534 +20.59%

3️⃣ Daily Focus

The Federal Reserve's May meeting is imminent, and expectations for a rate cut have diminished to only 2.7%, contributing to cautious sentiment. Meanwhile, broader regulatory developments and shifting institutional strategies also influence market dynamics.

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💰 Bitcoin's Surge: Approaching $100,000 Amidst Growing Institutional Interest

📈 Bitcoin's price surged to $97,469 per coin, after hovering around $94,000 for most of the day. With a trading volume of $24.27 billion, it accounted for 33.11% of all trades. The leading cryptocurrency climbed over $3,500 from its intraday low on May 5, reaching its latest high just after 8:25 p.m. Eastern on Tuesday. At that time, BTC was trading at $97,283, reflecting a 2% increase in 24 hours and a 2.8% rise for the week. This uptick also boosted the broader market, which now stands at $2.98 trillion after a daily gain of 1.16%.

🔝 However, Bitcoin faces significant resistance at $97,800, $98,000, and other subsequent price levels. Four days prior, it reached a peak of $97,938 but has not surpassed it since, despite strong bullish pressure. Following that peak, the coin experienced a steady decline culminating in a sharp drop on May 5, accompanied by heavy selling.

📊Current oscillator metrics suggest a cautiously optimistic outlook for BTC/USD. The Relative Strength Index (RSI) is near 66, indicating approaching overbought levels while remaining within neutral parameters. This signals ongoing accumulation dynamics without excessive speculation. The Average Directional Index (ADX) at 30 indicates an emerging trend trajectory consolidating momentum without achieving definitive directional dominance.

🔄 Today's rebound reflects renewed investor enthusiasm and a potential psychological shift after recent retracements. Data from Coinglass shows that over $40 million in BTC short positions were forcibly unwound in the past four hours, with more than $55 million liquidated in the previous 24 hours. Overall market signals increasingly align with a maturing bullish posture, albeit one that remains tempered and non-exuberant.

As bitcoin approaches $100,000 once again, a growing theme is for private companies to add more BTC to their balance sheet, there are currently about 70 companies doing this worldwide,

said Greg Magadini, director of derivatives at Amberdata. He added,

Combine this theme with returning inflows into bitcoin ETFs and now new ATHs are back in sight.

Magadini also noted that during last week’s MSTR earnings call, Saylor suggested that MSTR would double its acquisition plans from 21/21 to 42/42, planning to raise $84B for BTC purchases over the next two years.

Crypto Resurgence in April 2025

1️⃣ Bitcoin bounced back big time, breaking $90K thanks to a U.S. tariff pause & renewed market optimism. Now $BTC has skyrocketed to over $100k!

2️⃣ Innovations in Bitcoin staking and high-speed blockchains like Monad added depth to the ecosystem.

3️⃣ Stablecoin inflows remained strong, though growth slowed, hinting at potential consolidation before the next major move.

Looking ahead, May will be crucial. Watch for regulatory shifts, economic data, and key technological developments to guide the market's direction.

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🔄 Finder Partners with Swyftx for User Migration

📰 Aussie fintech firm Finder has teamed up with Swyftx to assist its users in migrating to the latter's crypto exchange platform. Finder Wallet users can choose to transfer their cryptocurrency balances to their existing or newly created Swyftx accounts. However, users must consent to this transfer, which will be managed by the Finder team.

🔗 The migration process involves sending users two links: one for current Swyftx users and another for new users. Existing Swyftx users need to log in through the provided link to authorize the transfer. In contrast, new Swyftx users must sign up via the link.

Once a user has signed up and verified their account via this link, they will receive an email to the address they used to sign up with confirming the transfer of funds from their Finder Wallet to their Swyftx account,”

the Finder team explained.

🔄 It's important to note that Finder Wallet users holding MATIC or FTM will have these tokens converted to POL and SONIC, respectively, during the migration. This move comes as Finder decides to exit the crypto business amid a shifting regulatory landscape in the Australian cryptocurrency market. The Australian Securities and Investments Commission (ASIC) has increased its oversight of crypto-related products and services, leading to heightened scrutiny for some operators.

⚖️ Finder was previously involved in a legal dispute with ASIC over its “Earn” crypto product. Although Finder won the case in 2023, it has reportedly been downsizing for the past two years. In contrast, Swyftx has managed to avoid regulatory issues, allowing it to grow and establish itself as a key player in the Australian cryptocurrency exchange market. The exchange is registered with AUSTRAC, demonstrating its commitment to regulatory compliance.

🚨 Breaking: MicroStrategy Acquires 13,390 Bitcoin For $1.34 Billion 📢

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📈 Bitcoin ETFs Continue Strong Performance While Ether Funds Struggle

💰 Bitcoin ETFs have experienced their fourth consecutive week of net inflows, attracting $934 million in the week ending May 9. This surge is primarily driven by Blackrock’s IBIT, which alone contributed $1.03 billion in net inflows. Other notable performers include Fidelity’s FBTC with $62.44 million, Ark 21shares’ ARKB at $45.59 million, and Vaneck’s HODL with a smaller addition of $5.06 million.

🔻 However, not all funds fared well. Grayscale’s GBTC saw a significant outflow of $171.45 million, while Bitwise’s BITB and Franklin’s EZBC also reported redemptions of $26.77 million and $11 million respectively. The only day that recorded outflows was Tuesday, May 6; however, a strong inflow of $425 million on Monday helped maintain a positive weekly balance.

📉 In contrast, ether ETFs faced challenges with total weekly outflows reaching $38.15 million. Fidelity’s FETH led the losses with $37.17 million exiting, followed by Grayscale’s ETHE which saw $26.21 million withdrawn. Blackrock’s ETHA also lost $4.17 million. The only exception was Grayscale’s Ether Mini Trust that managed to attract $3.19 million in new capital.

🔄 As bitcoin ETFs continue to thrive, ether ETFs are under pressure, indicating a divergence in investor sentiment towards these two leading digital assets.

📈 Bitcoin's Market Overview on May 15, 2025

💹 On May 15, 2025, Bitcoin opened trading at $102,288 with a market capitalization of $2.03 trillion and a 24-hour trading volume of $26.86 billion. Throughout the day, its price fluctuated between $101,769 and $104,156, indicating limited volatility despite noticeable structural changes across various timeframes.

📊 The daily chart shows that Bitcoin has been on a bullish path since falling below $80,000 and reaching a recent peak of $105,700. This upward movement was backed by strong buying momentum, highlighted by a significant volume increase. However, recent red candles with long upper wicks indicate overhead resistance and growing seller interest. Despite this, technical indicators suggest a bullish trend persists, with all moving averages from the 10 to 200-period showing buy signals.

🔍 The 4-hour chart presents a more cautious view. Here, Bitcoin has created a double top at $105,700 and has retraced to about $100,764. The subsequent price action has formed a lower high, signaling bearish divergence. Recovery attempts have been weak, reflected in declining volume. Key indicators like the stochastic oscillator and relative strength index (RSI) show neutral readings, indicating indecision in the short term.

📉 On the hourly chart, Bitcoin is in a short-term downtrend, consistently forming lower highs and lower lows. Buying attempts have been feeble, with volume confirming low interest. The recent bounce from $101,550 lacks strength unless the $103,000 level is decisively reclaimed. Market participants are looking for long positions only above $102,800 with tight stop-losses, while failed tests of $103,000 present opportunities for short entries.

🔄 A comprehensive strategy suggests cautious optimism for the broader trend but vigilance on lower timeframes. The daily structure supports long entries on pullbacks to the $98,000–$100,000 range, while short entries on the 4-hour chart are advised near failed rallies at $103,000. Protective stop-loss placements are recommended below $98,000 for longs and above $104,000 for shorts.

⚖️ Overall, while the macrostructure aligns bullishly, immediate price action is characterized by a struggle between waning momentum and strong historical support zones. Traders are advised to adhere to disciplined entries, remain responsive to breakout confirmations, and respect key levels to navigate the transitional conditions present in Bitcoin’s current technical landscape.

🔮 Bull Verdict: If Bitcoin can hold above the $101,000 support level and break convincingly above $104,000 with strong volume, the bullish trend remains intact.

📉 Bear Verdict: Should Bitcoin fail to reclaim $103,000 and instead break below $101,000 with volume confirmation, it would signal further downside toward $100,000 or even $98,000.

🟢 Ethereum's Potential Reversal Against Bitcoin: Signs of an Upcoming "Alt Season"

📈 A recent Cryptoquant report suggests that Ethereum (ETH) may be on the brink of a significant turnaround against Bitcoin (BTC), potentially marking the beginning of an "Alt season." The ETH/BTC price ratio surged by 38% last week after reaching its lowest point since January 2020. On-chain data indicates decreased selling pressure and increasing institutional demand for ether.

🔍 According to Cryptoquant researchers, Ethereum's relative valuation against Bitcoin has entered an extreme undervaluation zone for the first time since 2019. This is based on the ETH/BTC MVRV metric. Historically, similar conditions from 2017 to 2019 preceded periods where ETH significantly outperformed BTC, suggesting a strong potential for mean reversion.

📊 Last week, ETH's spot trading volume relative to BTC spiked to 0.89, the highest since August 2024. This indicates increased trader exposure and mirrors trends from 2019 to 2021 when ETH outpaced BTC by four times. The surge aligns with ETH's price rebound, reflecting renewed market confidence.

🏦 Institutional interest in ETH is also rising, with ETF holdings increasing since late April. Analysts from Cryptoquant attribute this to expectations of ETH's outperformance driven by scaling upgrades and macroeconomic factors. The ETH/BTC ETF holdings ratio and price ratio have both risen, indicating strategic portfolio shifts.

📉 Additionally, exchange inflows for ETH have dropped to their lowest levels since 2020, signaling reduced sell pressure compared to Bitcoin. Historically, lower inflows precede ETH rallies as fewer tokens enter exchanges for potential liquidation.

⚠️ However, despite the recent rally, Cryptoquant analysts caution that the ETH/BTC ratio must surpass its one-year moving average (MA) to confirm a sustained upward trend. Current levels resemble past bottoms, but technical validation is crucial for long-term momentum. The report states,

The ETH/BTC price ratio still needs to cross above its 365-day moving average to confirm a new leg up against bitcoin.

🚀 Bitcoin Price Eyes $108K ATH as Economic Signals and ETFs Boost Rally 🔥

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📱 Solana Mobile Unveils Seeker Phone and TEEPIN Platform

🚀 Solana Mobile is set to disrupt the mobile phone ecosystem with two major announcements: the launch of its Seeker phone on August 4 and the introduction of a new platform called TEEPIN, which will feature an ecosystem token.

📦 The Seeker phone, previously known as Chapter Two during its pre-order phase, was announced in January 2024 as the successor to Saga, Solana Mobile's first phone released in April 2023. Over 100,000 units were ordered, with more than half paid for using stablecoins.

🌐 With this launch, Solana Mobile aims to challenge the existing mobile duopoly by introducing its Trusted Execution Environment Platform Infrastructure Network (TEEPIN). This platform seeks to create an open alternative to current ecosystems controlled by gatekeepers who dictate monetization and app permissions.

🗣 Emmett Hollyer, General Manager of Solana Mobile, emphasized the need for change in mobile ecosystems:

Current mobile ecosystems weren’t built for the web3 economy. Users have a clunky experience and limited access to real innovation.

He highlighted that TEEPIN consists of three layers: hardware, distribution, and verification, enabling decentralized apps to reach users globally without excessive restrictions or fees.

💬 Hollyer also mentioned the decentralization of their dapp ecosystem control, allowing users to have a say in curation. He expressed enthusiasm for expanding access to their platform on other devices, stating they are

excited to work with OEMs to implement their software on more platforms.

📉 Ethereum's DeFi Dominance Declines as Rivals Rise

📊 The total value locked in decentralized finance (DeFi) is approximately $117.856 billion. Ethereum, which once held over 56% of this value at the end of 2024, has seen its share decrease to 51.24% by May. Despite still leading in areas like total value locked, NFT sales, and tokenized U.S. Treasuries, its dominance is being challenged by other blockchains.

📉 In February 2021, Ethereum commanded over 91% of the DeFi market. However, this figure has dropped to 53.68% today, a decline of 37.32%. At the start of 2025, it held 56.38% but has since lost 2.7%, reaching a low of 51.24% earlier this month.

🚀 Competitors like Solana, Bitcoin, Tron, and Binance Smart Chain (BSC) are gaining ground. According to defillama, Solana holds 7.99% of the total value locked, followed by Bitcoin at 5.67%, Tron at 5.64%, and BSC at 5.44%. Other networks such as Base, Arbitrum, Sui, Avalanche, Hyperliquid, and Berachain are also climbing the ranks.

🌐 The DeFi ecosystem is maturing, with Ethereum's early lead being gradually eroded by emerging competitors. While it remains a key player, the shifting landscape indicates a more diverse future where another dominant chain could potentially rise to challenge Ethereum's position.

🔄 This trend suggests that innovation and adoption are spreading across a wider array of contenders rather than being concentrated in a single chain.

📊 Bitcoin Proxy Metaplanet Stock Shoots 18% As Japan Debt Crisis Worsens

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🌍 Binance CEO Highlights Regulatory Clarity for Crypto Adoption

💬 Binance CEO Richard Teng recently emphasized the importance of regulatory clarity for the widespread adoption of cryptocurrency. In a post on social media platform X, he stated that clear rules are essential for shaping the future of the financial sector. Teng urged policymakers to pursue regulations that foster innovation, protect consumers, and facilitate global competitiveness.

Clear rules = mass adoption … Policymakers who understand this will shape the next decade of finance,

he wrote. He further explained that the crypto industry needs frameworks that support technological progress while ensuring user safety.

📉 Teng also pointed out that countries could have reduced budget deficits by holding strategic crypto reserves, citing Bitcoin's performance in recent years. He noted that even those who sold their holdings now recognize the missed opportunities.

⚖️ His remarks come at a crucial time for crypto policy in the United States. There has been significant legislative activity in Congress aimed at defining digital asset oversight. President Donald Trump has also expressed support for the crypto sector, indicating a shift from past skepticism. Changes within the U.S. Securities and Exchange Commission (SEC) and other regulatory agencies suggest a move towards more crypto-friendly policies.

💱 Revolutionizing Remittances: XDC Network and Bitso Business Join Forces

🤝 XDC Network has partnered with Bitso Business to transform U.S.-Mexico remittance flows through a blockchain-based payment framework. This initiative targets the $63 billion inbound remittance market in Mexico and the $70 billion outbound volume from the U.S., leveraging XDC’s ISO 20022-ready blockchain infrastructure and Bitso’s fiat liquidity across Latin America.

🚀 According to XDC’s Amitava Mandal, this collaboration marks

a major leap

in integrating blockchain technology into mainstream finance. The system facilitates multi-currency exchanges (USD-MXN), ensures instant transaction settlements, and integrates smoothly with SMEs and fintechs.

🌍 The partnership prioritizes financial inclusion, interoperability, and real-world impact by enabling tokenized transfers and enterprise integration throughout Latin America.

🚨 Breaking: Strategy Acquires 705 BTC For $75M, MSTR Stock Drops

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