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KAVA is outperforming peers with rising buyer momentum and bullish on-chain indicators. If it breaks above $0.415, a rally to $0.44 may follow.
Bitcoin continues its uptrend, forming higher highs and lows. A 30% rally toward $109,000 could be next.Why Traders Are Watching $109K CloselyWhat to Expect Next
「I didn't intend to crash the stock market, but sometimes you have to take medicine to cure the illness.」
Ethereum has hit its lowest point since March 2023, driven by a plummeting ETH/BTC ratio and weakening demand. However, with an oversold RSI, a potential rebound might be in the cards.
Despite a sharp decline in cryptocurrency prices, experts are optimistic that this market dip mirrors the 2020 crash, potentially offering future opportunities for savvy investors.
Cardano (ADA) faces heightened bearish pressure after a death cross forms on its chart, signaling potential further price declines. With over $150 million in spot outflows, ADA could sink to $0.44 unless buying momentum returns.
- 13:57The US Department of Justice Indicts Sinaloa Cartel Members, Blockchain Analysis Reveals Their Use of Cryptocurrency to Fund Fentanyl TransactionsAccording to The Block, the U.S. Department of Justice has officially charged two alleged leaders of the Beltrán Leyva Group, Pedro Inzunza Noriega and his son Pedro Inzunza Coronel, accusing them of involvement in large-scale smuggling of drugs such as fentanyl and cocaine, as well as terrorist activities. Meanwhile, blockchain analysis firms have discovered that the group is laundering money and funding drug activities through cryptocurrency. According to a Chainalysis report, the group paid over $5.5 million to fentanyl manufacturers using stablecoins, and U.S. authorities have seized related assets. Institutions like TRM Labs and Elliptic have pointed out that suppliers of fentanyl raw materials widely accept crypto payments, with drug-related gangs receiving tens of millions of dollars in cryptocurrency.
- 13:57Overview of Important Developments on the Evening of May 141. Spot gold falls below the $3,200 mark 2. Trump: I am a big fan of cryptocurrency 3. Ethereum Foundation announces launch of "Trillion Dollar Security Plan" 4. The U.S. adjusted tariffs on China at 00:01 Eastern Time on May 14 5. Michigan passes House Resolution No. 100, declaring May 13, 2025, as "Digital Asset Awareness Day" 6. Tiger Brokers (Hong Kong) launches cryptocurrency deposit and withdrawal services, supporting major cryptocurrencies like BTC and ETH
- 13:44a16z Crypto Leads $7 Million Seed Round for KYD Labs to Drive Blockchain Ticketing InnovationAccording to CoinDesk, venture capital firm a16z Crypto led a $7 million seed round for blockchain ticketing platform KYD Labs. Built on Solana, KYD aims to empower artists and venues to control ticket sales, fan data, and revenue, addressing the issue of revenue loss from secondary market circulation. It is reported that after using the KYD system, ticket revenue for the well-known New York venue LPR increased by 30%. KYD plans to expand to over 100 U.S. venues by 2026 and launch two tokens, $KYD and $TIX, to strengthen the community and financial foundation.