According to ChainCatcher news, monitored by Cryptoquant analyst Axel Adler Jr, a total of 17,800 bitcoins were sold by short-term holders on centralized exchanges in the past 24 hours, of which 14,700 bitcoins were sold at a loss, 3,100 bitcoins were sold at a profit, resulting in a net sell-off of 11,600 bitcoins.The drop in bitcoin prices occurred against the backdrop of the U.S. attacking three nuclear facilities in Iran over the weekend, joining Israel in its ongoing conflict with Iran. As Tehran may respond, including threats to U.S. personnel in the Middle East or a potential closure of the Strait of Hormuz, the market is currently on high alert.

ChainCatcher news, Bloomberg analysts Eric Balchunas and James Seyffart have raised the probability of the majority of spot crypto ETFs being approved to 90% or higher, believing that the positive interactions from the U.S. SEC are an important signal. However, the specific approval or launch timeline remains uncertain; it could be within the next month or two, or it may have to wait until after October. The timing is not important; what matters is that they will be approved.

ChainCatcher news, according to official social media news, Huobi HTX will hold a live broadcast today at 20:00 on the theme "Global Tremor! The Escalation of Conflict Between Iran and Israel, Analysis of the Cryptocurrency Market: Safe Haven or Slaughterhouse?" Senior analysts from Canglan Community, Sanpang, and Coin Circle Assistant will be on-site to answer questions, analyze the market trends, and seize investment opportunities amid geopolitical conflicts. This event will be conducted through Huobi Live.

ChainCatcher message, the Federal Reserve is expected to maintain the current interest rate level in its latest decision this week. The market's focus will be on whether the Federal Reserve will release any signals regarding the timing of future rate cuts.Recent CPI and PPI data have come in weaker than expected, prompting market participants to bring forward their expectations for the next rate cut. The money market has fully priced in the possibility of a rate cut in October this year, with a significant chance of action as early as September.Previously, the market widely expected a rate cut to occur in December. Citigroup analysts pointed out that the market may currently be underestimating the risk of a rate cut. However, the imposition of tariffs in the U.S. could drive up inflation, and if tensions between the U.S. and Iran escalate further, leading to continued increases in oil prices, this could further delay the Federal Reserve's rate-cutting pace.Allianz analysts stated that, in the context of high inflation, the Federal Reserve is unlikely to hastily ease monetary policy.

ChainCatcher news, Exinity Group Chief Market Analyst Han Tan stated: "The market is well aware that the path to a trade agreement between major economies is not smooth. As long as there is a risk of further escalation in global trade tensions, or even just maintaining high levels for a longer period, gold should continue to find support."CPI may provide investors with more guidance on the Fed's policy path. "The market expects CPI data to rise, which should suppress the likelihood of a Fed rate cut," Tan added. "We expect silver prices to reach $38 per ounce in the coming months. Market deficits and a weakening dollar are key factors for further price increases, potentially testing $40 per ounce."

ChainCatcher news, according to Bloomberg senior ETF analyst Eric Balchunas in a social media post, this summer may see a "Altcoin ETF Summer," with Solana expected to take the lead, along with some composite products.

ChainCatcher news, Bloomberg ETF analysts have updated the latest approval odds for cryptocurrency spot ETFs, with basket/index funds, Litecoin, and Solana leading, and approval odds reaching as high as 90%.

According to ChainCatcher, citing informed sources from Block works, the SEC has requested the issuers of the proposed spot Solana ETF to update their S-1 prospectus, indicating that relevant approvals may be forthcoming. While the specific approval timeline is unclear, Bloomberg's senior ETF analyst Eric Balchunas expects that approval could come within two to four months.In an interview with The Block, he stated that spot funds for Solana, XRP, and others are likely to be approved in the future, with an approval deadline potentially in October, and a combination of spot ETFs including Solana, XRP, Ethereum, and Bitcoin could emerge in July. Issuers are rushing to launch spot ETFs to gain a first-mover advantage. Balchunas also mentioned that a large number of spot products will emerge in the next four months, but they will be relatively small, with Solana and XRP reaching a scale of $1 billion being considered a success.

ChainCatcher news, Tesla's plunge last night has sparked criticism from Wall Street analysts regarding the stock and Musk.Among them, Adam Sarhan, CEO of 50 Park Investments, stated: "Clearly, Musk and Trump are no longer aligned. We don't know what the consequences will be, and that's why people are selling off. There won't be a clear solution to this situation. If things escalate, Trump will ultimately come out on top, and the impact on Tesla's stock price is uncertain. I do believe it could potentially harm Tesla's earnings. Investing in Tesla now is purely gambling. Even with the stock price drop, Tesla's valuation remains high."Wayne Kaufman, Chief Market Analyst at Phoenix Financial Services, commented, "What's particularly difficult for Tesla is that you can't separate the company's value from him (Musk). Tesla's value is inextricably linked to Musk. When he is seen as a visionary, the stock price soars; when he gets embroiled in controversy, the stock price crashes. Now Musk has become the problem itself, so the stock price drop is not surprising."

ChainCatcher news, Bloomberg's senior ETF analyst Eric Balchunas posted on the X platform stating: If Bitcoin can maintain a normal annual increase of 50%, then Satoshi Nakamoto will surpass Buffett this year and will likely surpass Zuckerberg next year, becoming the world's second richest person (with Elon Musk far ahead).Think about it, such a successful founder has never cashed out, which is quite intriguing. This seems to be similar to Jack Bogle.

ChainCatcher news, according to Jinshi Data reports, Moody's analyst Katrina Ell stated that the court's ruling to block the Trump administration's tariff increases seems positive for emerging markets severely affected by high reciprocal tariffs, but the uncertainty about what will happen next makes it difficult to draw any conclusions beyond that."We cannot assume this is a sustained positive development," said the head of Asia-Pacific economics. The ability to limit Trump's execution of policies that have caused market turmoil may ease tensions, but how any legal challenges will play out remains to be seen. "Right now it feels like a soap opera," Ell said, highlighting the issue that the market is most concerned about is how to navigate the uncertainty.Given that the latest developments do little to eliminate uncertainty, investors are likely to remain in a wait-and-see mode until the situation becomes clearer.

ChainCatcher news, Bloomberg's senior ETF analyst Eric Balchunas posted on the X platform, stating that while there are no objections to Strategy's public wallet address, he understands why Strategy and BlackRock do not disclose their wallet addresses.It's like public figures being reluctant to disclose their personal email addresses; if a company is smaller, the impact of making the wallet address public may be minimal, but for giants like Strategy or BlackRock, there could be costs associated with making the wallet public.

ChainCatcher news, according to The Block, although the deadlines for several executive orders have passed without public announcement, analysts believe that Trump's upcoming Memecoin gala and Vance's Bitcoin 2025 keynote speech may provide new information.Analysts at K33 stated that the development of crypto policy remains a key catalyst, urging participants to pay attention to potential developments in strategic Bitcoin reserves in the coming days.However, analysts warned that recent executive orders could have far-reaching impacts on the digital asset market. The Trump administration has signed multiple executive orders, including the establishment of strategic Bitcoin reserves and a U.S. digital asset reserve, aimed at making the U.S. a global cryptocurrency hub.

ChainCatcher news, Bloomberg's senior ETF analyst Eric Balchunas stated on social media that BlackRock's current Bitcoin holdings are second only to Satoshi Nakamoto, reaching 57% of the latter's holdings.Balchunas expects that, following the current trend, BlackRock could become the world's largest Bitcoin holder by the end of next summer. He added that if the price of Bitcoin reaches $150,000 in the coming months, the buying frenzy among investment advisors could accelerate this process.

ChainCatcher news, Bloomberg's senior ETF analyst Eric Balchunas stated on social media that Vanguard may never launch a Bitcoin ETF product, but could relax restrictions in the next one to two years to allow trading of Bitcoin ETFs on its platform.He noted that this change could occur if the price of Bitcoin reaches $150,000 to $200,000, amid ongoing pressure from clients for inquiries, and because their new CEO has ties to BlackRock, the parent company of IBIT.

ChainCatcher message, One River Asset Management Chief Strategist Eric Peters pointed out that the underlying logic of American exceptionalism is its hegemonic position in the global economic and political landscape, but this position is facing four major threats: heavy taxation on capital flows, a policy shift to weaken technology and healthcare monopolies, the failure of the judicial system to check the government, and a continuous decline in productivity. Peters believes that the Trump administration's efforts to bring manufacturing back will fail because vested interest groups will not allow changes to the existing cheap labor market and loose capital regulation.

ChainCatcher message, crypto analyst Willy Woo stated that Bitcoin has entered the institutional phase, with the annual compound growth rate dropping from over 100% in the early days to 30% - 40%, and it is expected to gradually stabilize at around 8% in the future. He believes that Bitcoin is continuously absorbing global capital as a macro asset, and achieving long-term equilibrium will still require 15-20 years, with almost no other asset able to match its long-term performance.

ChainCatcher news, according to Decrypt, Ethereum (ETH) achieved nearly a 40% increase last week, with the price rising from $1800 to $2500, mainly benefiting from the successful Pectra network upgrade and improvements in the global trade environment.However, market data shows that this round of increase was primarily driven by crypto-native investors, with a net outflow of $55 million from Ethereum spot ETFs last week, in stark contrast to the $600 million net inflow into Bitcoin ETFs.Volatility models indicate that the probability of ETH breaking through $4000 by the end of the year is 20%, an increase from the previous week's 9% probability. Although the Pectra upgrade completed on May 7 improved network performance, analysts believe that without sustained institutional funding support and a clear regulatory framework, the upward trend may face adjustment pressure.

ChainCatcher news, analyst Kunal G stated that during the Coinbase Q1 earnings call, Coinbase executives revealed that the company's long-term strategy focuses on on-chain transactions and international market expansion. CEO Brian Armstrong expects DEX to surpass CEX in trading volume and plans to achieve front-end trading and on-chain settlement through Coinbase Wallet.The company invests in multiple DEX projects through Coinbase Ventures while maintaining its decentralized attributes. In the face of competition from traditional financial companies, Coinbase believes it will expand market space, and its products like USDC will benefit.Recently, Coinbase acquired the Deribit options exchange for $10 billion in cash reserves and is advancing its U.S. perpetual contract products. In terms of international markets, it has obtained a license in Argentina and completed regulatory registration in India.

ChainCatcher news, according to official social media messages, Huobi HTX will hold a themed live stream today at 19:00 titled "Bitcoin Returns to 100,000! Prelude to a Bull Market or a Good Opportunity to Take Profits?" At that time, senior market analysts such as San Pang, Coin Circle Assistant, and Jin Yuan Community will deeply analyze the market K-line, providing multi-dimensional market interpretations and practical strategies to help users grasp the pulse of the bull market and optimize trading decisions.