According to TheBlock, BTC Markets crypto analyst Rachael Lucas stated that the price of Bitcoin is at a psychological and technical "critical point," which could determine the success or failure of the bull market. Indicators such as RSI and MACD show that strong bullish momentum is beginning to weaken at least temporarily. However, the long-term outlook remains optimistic. We may be in the early stages of a new super cycle. The support level for Bitcoin is relatively solid around $103,000, with a more robust bottom support at around $97,600.Lucas mentioned two possible scenarios for Bitcoin in the coming days: "If Bitcoin can hold the range of $103,000 to $105,000, it is expected to attempt to rally again towards $115,000. On the other hand, if it falls below $103,000, it could trigger a deeper pullback, with target price levels in the range of $93,000 to $97,000. The latter scenario should not be seen as the end of the overall upward trend, but rather as a signal that the market needs more time to prepare for further price growth. Bitcoin's connection to traditional financial markets is becoming increasingly tight, making it more sensitive to economic data, central bank comments, and geopolitical risks."

ChainCatcher news, CryptoQuant analyst Axel Adler Jr stated, "Although the Bitcoin price briefly pulled back to $103,000--$104,000, the fundamentals remain bullish: exchange reserves continue to decrease, corporate purchases continue to pressure supply, while long-term holders continue to accumulate, forming a 'buffer' below the market.Meanwhile, the macro situation presents mixed signals: the slowdown in PCE inflation has eased some of the Federal Reserve's policy pressure, but tariff uncertainty and rising yields have strengthened the 'risk-averse' atmosphere, suppressing the market's growth willingness. The baseline scenario for next week is for Bitcoin prices to consolidate between $103,000 and $110,000 until new driving factors emerge.If trading volume increases and momentum breaks above 20%, accompanied by a breakout above $110,000, it would confirm that the market is preparing to test the $115,000--$120,000 range. Conversely, if net capital inflows turn positive and the price falls below $100,000, it may indicate a deeper correction."

ChainCatcher message, the ETH price dropped to $2500 in a short period but then rebounded. The trading volume significantly increased around midnight, especially in the last hour, with over 48,000 ETH traded in two minutes, causing the price to fall below the support range of $2515-2520.On-chain data shows that approximately 385,000 ETH flowed into centralized exchanges like Binance, raising market speculation about potential sell-offs by institutional investors. Currently, the ETH price is oscillating in the $2500 range, which is seen as a key psychological and technical support level. Additionally, the global trade tensions and the risk of U.S. tariffs have intensified the market's risk-averse sentiment, causing the digital asset market to begin fluctuating in sync with traditional markets.

ChainCatcher news, FLock.io officially announces that senior finance and AI expert Mohammed Marikar has joined the team as the Director of Institutional Development.Mohammed Marikar graduated from Imperial College London with a degree in Mathematics and Management, and has over 20 years of experience in the technology and finance sectors across Europe, North America, the Middle East, and Southeast Asia. He is a co-founder and partner at Neem Capital, focusing on investments in early-stage technology and deep tech projects.Prior to this, he served as the Global Innovation President at the Royal Bank of Canada (RBC) and was an Executive Director in the Investment Banking Division at UBS. He also holds the CF30 certification issued by the UK's Financial Conduct Authority (FCA), with a deep understanding of the mechanisms of global capital markets.Mohammed's joining will bring a global strategic vision and institutional resources to FLock.io, promoting the platform's international layout and ecological construction in the field of decentralized AI and data infrastructure.

ChainCatcher news, according to News.bitcoin, Panama City Mayor Mayer Mizrachi announced several initiatives at the Bitcoin 2025 conference.Mayer Mizrachi revealed that Panama's second-largest bank, Caja de Ahorros, will launch BTC-based savings accounts, allowing its customers to take advantage of these custodial services and simplify their Bitcoin experience.Earlier reports indicated that the Panama City Mayor proposed prioritizing Bitcoin payments for canal fee vessels and considering the establishment of a municipal Bitcoin reserve.

ChainCatcher news, according to Bloomberg, the U.S. SEC has expressed doubts about the Ethereum and Solana staking ETFs launched by REX Shares and Osprey Funds, believing they may not comply with the definition of investment companies and ETFs under the Securities Act.The U.S. SEC stated that these funds may have "incorrectly submitted their registration statements," and that "the disclosures in the registration statements regarding these funds' status as investment companies may be misleading."REX Financial's General Counsel Greg Collett said, "We believe we can satisfy the SEC's concerns regarding investment companies, and we do not intend to launch the funds until we do so."

ChainCatcher news, according to Cointelegraph, ETH/BTC is forming multiple bullish technical patterns, and analysts believe this could trigger a new round of "altcoin season" in 2025.On the technical front, the ETH/BTC ratio is simultaneously showing a cup and handle pattern and a bullish flag pattern. The cup and handle pattern indicates a potential breakout above the 0.02596 BTC neckline, with a technical target near 0.03814 BTC, suggesting a possible increase of 55% by July. Meanwhile, the bullish flag pattern suggests a potential breakout to 0.03235 BTC, about 30% higher than the current level. Analyst Trader Tardigrade stated that a breakout in ETH/BTC could trigger the altcoin season in 2025.Data presented by analyst Sensei shows that the altcoin market cap relative to Bitcoin is retesting a long-term ascending support trendline. Historically, every rebound from this level has signaled a massive surge in altcoins, with one instance leading to a 9,000% increase and another triggering a 180,000% market cap explosion.Analyst Moustache also pointed out that altcoins are breaking out of a seven-year descending wedge, a pattern that appeared before significant rallies in 2017 and 2020, suggesting that a new altcoin season may be on the horizon.

ChainCatcher news, according to CoinDesk, the cryptocurrency market experienced a significant decline this weekend, with Dogecoin dropping over 8%, PEPE down 12%, and Bitcoin's price falling more than 2%, trading slightly above $103,600. ETH fell nearly 4%, while Ripple (XRP), BNB Chain (BNB), ADA, and SOL all dropped 2-5%.Analysts believe that this economic downturn is related to the renewed escalation of trade tensions, and market volatility is expected to persist. The derivatives market also indicates that investors' cautious sentiment is increasing; according to Deribit data, the open interest in Bitcoin futures has risen by 51% since April, while options contracts have surged by 126%.

ChainCatcher news, according to The Block, REX Shares and Osprey Funds have submitted applications to the U.S. Securities and Exchange Commission (SEC) to launch Ethereum and Solana staking ETFs. The new ETH and SOL funds will "invest at least 80% of their net assets in their respective reference assets," namely ETH and SOL. Each fund will also invest "at least 50% of its holdings" in these cryptocurrencies. These funds will operate as "regular C corporations" to address U.S. federal income tax, rather than as "regulated investment companies" like spot Bitcoin and Ethereum ETFs.

ChainCatcher news, according to CoinDesk, influenced by global economic tensions, the price of XRP fell from $2.305 to $2.163, a daily decline of 6.16%. Market data shows that the trading volume of the token surged to 174.7 million units in a short period, reaching four times the average daily trading volume.Despite the price pressure, positive signals have emerged in the market. Renewable energy company VivoPower announced it has raised $121 million to establish an XRP reserve, and Webus International also plans to raise $300 million for XRP strategic reserves. Technical analysis indicates that $2.16 has formed a short-term support level, and if the key level of $2.31 is breached, it may further test $1.96.

ChainCatcher news, according to Cointelegraph, Fabio Panetta, the Governor of the Bank of Italy, pointed out in the annual report on May 30 that the EU's Markets in Crypto-Assets Regulation (MiCA) has had limited effects on promoting the adoption of compliant stablecoins. Since the regulation comes into full effect at the end of 2024, only a small number of electronic money tokens (EMT) stablecoins have been issued across the EU, and Italian regulators have not observed significant interest from local companies in issuing crypto assets.Panetta believes that regulatory rules alone cannot mitigate the systemic risks of crypto assets, and central bank digital currencies (CBDCs) are the key tool. He warned that foreign crypto platforms may lack transparency and risk control capabilities due to differing regulatory standards, posing a threat to the safety of funds for EU citizens, and that a global regulatory framework needs to be established through international cooperation.The digital euro project can meet the market's demand for secure and efficient digital payment tools while maintaining the anchoring role of central bank money. This view echoes the assertion of ECB Executive Board member Piero Cipollone—currently, dollar stablecoins hold a 97% market share, and the promotion of central bank digital currencies is urgent.One month before this statement was released, Tether CEO Paolo Ardoino refused to apply for MiCA licensing for USDT, citing "threats to the European banking system."

ChainCatcher news, according to official documents, the Canary Staked CRO ETF has submitted an S-1 registration statement to the U.S. Securities and Exchange Commission (SEC) with plans to list on an exchange.The ETF aims to gain exposure to the price of CRO by holding Cronos (CRO) and participating in transaction validation on the Cronos POS chain, while earning additional CRO rewards. The ETF's net asset value (NAV) will be calculated based on the market price of CRO.

ChainCatcher news, according to Cointelegraph, the Solana-based AI platform Assisterr announced the completion of a $2.8 million funding round, with a company valuation of $75 million. This round of financing was participated in by institutions such as Google for Startups, Outlier Ventures, Web3.com, Echo.xyz, and Moonhill Capital.ChainCatcher previously reported that Binance Alpha will launch Assisterr AI (ASRR), with the trading opening date set for May 30, with specific timing to be announced later. Eligible users need to use Binance Alpha points to claim the airdrop on the Alpha event page, which will go live on May 30 along with the event details.

ChainCatcher news, according to Cointelegraph, Derive founder Nick Forster stated that after Bitcoin recently soared to $111,970, it has entered a consolidation phase, with the current price oscillating around $106,000, providing space for the market to "digest profits" and prepare for a new round of increases. He believes this is a "healthy adjustment," not a bearish signal.Forster pointed out that the U.S. International Trade Court overturned Trump's tariff decision, easing inflation concerns, while the Federal Reserve's interest rate decision on June 18 will be crucial. Additionally, although net inflows into Bitcoin ETFs under BlackRock exceeded $6.2 billion in May, the price has not yet fully reflected this, and institutional exposure continues to expand.Researcher Sminston With predicts that the BTC cycle peak could reach $220,000 to $330,000; trader Apsk32 believes the target for 2025 is $220,000. Although Q3 has historically been weak, Forster stated that 2025 may see a "surprise performance" due to favorable regulations and continued institutional entry.

ChainCatcher News, the U.S. will announce the Federal Reserve's preferred inflation indicator tonight------the Personal Consumption Expenditures Price Index (PCE). The market expects that the PCE price index for April may only increase by 0.1% month-on-month, while the year-on-year growth rate is expected to drop from 2.3% to 2.2%, approaching pre-pandemic levels.On the core side, the month-on-month growth rate of the core PCE, which excludes the volatility of food and energy prices, is expected to be 0.1%, but the year-on-year growth rate will remain high at 2.6%. Currently, the importance of the PCE lies in the fact that the Federal Reserve prefers to use it to measure the underlying trends in inflation.Analysts point out that the inflation effects of the tariffs imposed by the Trump administration have just begun to permeate the U.S. economy. Most economists predict that even if Trump relaxes some tariffs, inflation may rebound to 3% in a few months. With the U.S. core PCE stuck in the 2.8%-2.6% range for six consecutive months, the Federal Reserve's window for rate cuts is closing.Although some Federal Reserve officials still hold a positive attitude towards rate cuts, the interest rate futures market shows that traders' predictions for the probability of a rate cut in September have plummeted from 68% a week ago to 47%. They also expect that the U.S. economy is at a crossroads of a new inflation cycle.

ChainCatcher news, CryptoQuant analyst Axel Adler Jr stated on social media that the demand for Bitcoin in the market is approaching the peak levels of the last bull market.Currently, there is an average of about 1.8 billion USD in new funds flowing into the market daily, which is comparable to the level when Bitcoin's price reached 64,000 USD in November 2021. In this cycle, the largest inflows occurred when Bitcoin's price hit 73,000 USD (peak of 3.6 billion USD) and 92,000 USD (peak of 4.5 billion USD). Axel Adler Jr noted that this indicator shows that even after reaching all-time highs, investors still maintain a willingness to deploy large amounts of capital.

ChainCatcher news, the Solana ecosystem token issuance platform Cooking.City has completed a $7 million financing round, with participation from Jump, CMT Digital, Mirana, Bitscale Capital, and EVG. Cooking.City is committed to reshaping the token issuance mechanism, proposing a new on-chain issuance model that is sustainable, incentive-driven, and community-centered.The new model proposed by Cooking.City includes: value redistribution (redistributing most platform fees back to developers and users), a "confidence pool" mechanism (token issuers must deposit a certain amount of funds in advance in the smart contract), and a social-based value distribution system (introducing a referral commission system, redistributing fees within the ecosystem, with most fees used for community referrals and trading rewards, part returned to the token issuers, and the remainder invested in the platform's long-term development).