ChainCatcher news, according to CoinDesk, Bitcoin (BTC) and the world's largest publicly traded Bitcoin holder Strategy (formerly MicroStrategy) have both shown technical bullish signals on their price charts, with both daily charts displaying the 50-day moving average crossing above the 100-day moving average, forming what is known as a "golden cross."CoinDesk's chartered market technician Omkar Godbole pointed out that this synchronous signal indicates that the short-term trend is surpassing the long-term trend, potentially signaling the beginning of a major bull market.The bullish signals for BTC align with other technical indicators such as MACD, suggesting that the price movement has the least resistance in the upward direction. However, analysts caution investors that on-chain data shows influential market participants have adopted a cautious stance, with Bitcoin prices facing resistance in the $101,000 - $107,000 range, and may dip below $100,000 in the short term, pulling back to the $98,000 support level.

ChainCatcher news, CryptoQuant analyst Axel posted on social media that the current market value of short-term holders (STH) of Bitcoin has a Market Value to Realized Value (MVRV) ratio of 1.09.The first wave of significant selling pressure is expected to occur around 1.25 (target price ≈ $118,000), with stronger selling pressure possibly appearing at 1.35 (≈ $128,000). Based on the current average daily growth rate, STH MVRV may reach 1.25 by early June and 1.35 by the end of the month.

ChainCatcher news, Blockstream CEO Adam Back stated that considering the continuous inflow of institutional funds and the improving policy environment, Bitcoin's current price of $103,000 is significantly undervalued.He believes that during this cycle, Bitcoin could rise to between $500,000 and $1,000,000. Back pointed out that the U.S. Bitcoin spot ETF has attracted over $41 billion in net inflows, combined with the crypto-friendly policies of the Trump administration, the market fundamentals are significantly better than in previous years.

ChainCatcher news, according to CoinDesk, Bo Hines, the executive director of the White House Digital Asset Advisory Committee, stated at the Consensus 2025 conference in Toronto that despite challenges in the legislative process, the Trump administration still plans to complete the signing of bills related to stablecoins and market structure before the August congressional recess. Hines emphasized that current legislative negotiations are actively progressing, and the government remains optimistic about this timeline.In response to recent public skepticism regarding the Trump family's involvement in the cryptocurrency business, Hines stated that the president's children, as private business entities, have the legal right to participate in the capital markets and believe that digital assets represent the future direction of the financial industry. He also made it clear that reports about companies purchasing TRUMP tokens will not affect presidential decision-making.Additionally, Hines confirmed that the White House working group is still researching specific implementation plans for establishing a Bitcoin strategic reserve program. This statement continues the Trump administration's policy direction to maintain the United States' leading position in the digital asset space.

ChainCatcher news, Lookonchain cites Dune data indicating that the dominance of Pump.fun is being challenged by new platforms such as Letsbonk.fun, Believe, and LaunchLab. Currently, among the daily "graduated" tokens in the market, Pump.fun has decreased from over 98% to 57.5%. Letsbonk.fun accounts for 17.9%, Believe for 12.9%, and LaunchLab for 5%.Recently, the hottest memes (LAUNCHCOIN, GOONC, DUPE, Hosico, etc.) have all been released on Letsbonk.fun or Believe.

ChainCatcher news, Kaito Al posted on the X platform revealing that on February 17, Kaito signed a market-making agreement with Web3Port and voluntarily terminated the transaction on February 27.This agreement was one of several market-making agreements Kaito reached around the TGE on February 20, aimed at supporting the stability of the initial trading price. Within less than a week, Kaito felt that Web3Port's execution deviated from the original intention and quickly decided to terminate the project.This incident occurred before the negative reports about Web3Port and the subsequent exchange investigation in March. Since the TGE, the Kaito Foundation has never sold any KAITO tokens. In fact, the Kaito Foundation has been a net buyer of the token through an ongoing buyback program.

ChainCatcher news, according to Blockworks, the Solana ecosystem multi-signature protocol Squads announced a strategic investment from Haun Ventures, with the specific amount not disclosed.In addition, Squads also announced the upcoming launch of its stablecoin native account Altitude, allowing companies to open and fund dollar accounts without relying on traditional banks or U.S. entities.

ChainCatcher news, according to the official announcement, Binance will upgrade the existing fund manager program to a designated account program on May 20, 2025, launching a new two-tier system that includes liquidity provider trading volume aggregation and shared market maker fee rates.

ChainCatcher message, according to the official announcement, Binance will upgrade the existing fund manager program to a designated account program on May 20, 2025, launching a new two-tier system that includes liquidity provider trading volume aggregation and shared market maker fee rates.

ChainCatcher news, according to Bitcoin Laws, the Michigan State Legislature has passed Resolution No. 100, designating May 13, 2025, as "Digital Asset Awareness Day." The resolution encourages activities and projects to deepen the public's understanding of digital assets and their impact on society and the economy.

ChainCatcher news, according to Jinshi reports, U.S. President Trump stated that the stock market will rise significantly.

According to ChainCatcher news reported by Decrypt, Arizona Governor Katie Hobbs vetoed two cryptocurrency-related bills while signing a regulatory bill for cryptocurrency ATMs. The vetoed bills include SB 1373 (Digital Asset Strategic Reserve Fund Bill) and SB 1024 (Bill Allowing State Government to Accept Cryptocurrency Payments). The signed HB 2387 bill establishes strict regulatory measures for cryptocurrency ATMs, including requiring operators to display multilingual fraud warnings, setting daily transaction limits (new users $2,000, existing users $10,500), providing 24/7 customer support, and complying with anti-money laundering protocols.

ChainCatcher news, according to Scam Sniffer monitoring, a user just lost 3.13 million WBTC due to signing a phishing signature.

ChainCatcher news, according to Jin10, Bitcoin mining company American Bitcoin announced that it has signed a formal merger agreement with Gryphon Digital Mining, planning to go public.

ChainCatcher news, analyst PlanB stated, "The current Relative Strength Index (RSI) for Bitcoin is 69. I expect that the RSI will exceed 80 for at least the next 4 months, just like in previous bull market cycles (2021, 2017, 2013). An RSI above 80 typically corresponds to monthly returns of over 40%. A consecutive 4-month increase of 40%+ could push the price of Bitcoin from the current $104,000 to $400,000."

ChainCatcher news, WTO Director-General Ngozi Okonjo-Iweala stated on the 11th that the high-level economic and trade talks between China and the United States held in Geneva, Switzerland, mark an important step forward and are of great significance to the world.In her statement, Okonjo-Iweala expressed her pleasure at the positive outcomes of the talks. The discussions represent an important step forward. In the current global tense situation, this progress is not only important for the United States and China but also for other regions of the world, including the most vulnerable economies. She expressed hope that the two countries would find feasible solutions based on this to ease tensions, restore predictability, and enhance confidence in the multilateral trading system. (Xinhua News Agency)

ChainCatcher news, TokenInsight has released a rating report on the Bitget platform token BGB (Bitget Token). The report shows that BGB has been rated as A, with a rating outlook of "stable," reflecting its comprehensive performance in technical architecture, security mechanisms, token models, and ecological construction.The report points out that BGB, as the core token of the Bitget ecosystem, currently covers exchange business and Web3 application scenarios, playing a role in various sectors such as fee discounts, airdrop participation, and Launchpad. Starting from the end of 2024, Bitget has initiated a token burn mechanism, with the amount burned linked to on-chain Gas consumption. Relevant data can be publicly verified on-chain, providing transparent assurance for the token deflation model.On the security front, Bitget publishes reserve proof monthly and has a protection fund with a current scale exceeding $600 million. Meanwhile, the BGB smart contract has passed the CertiK audit, with its security recognized.In addition, TokenInsight points out that Bitget has been continuously laying out the Web3 ecosystem in recent years, launching on-chain products Onchain and establishing localized communities in multiple global markets. Currently, BGB's market capitalization has exceeded $5.6 billion, ranking 26th among global crypto assets on CoinMarketCap.

ChainCatcher news, according to Jinshi reports, Trump stated that he will significantly increase trade relations with India and Pakistan. In addition, I will work with both India and Pakistan to explore whether a solution can be reached on the Kashmir issue "after a thousand years."