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Ethereum shows mixed signals as trend strength weakens and key resistance tests loom. May 2025 could define ETH’s next major breakout or breakdown.
SUI meme coins are gaining traction as DEX volume surges, with leading tokens like SONIC, MIU, and FUD setting up for major moves in the fast-growing ecosystem.
Solana’s surge past 400 billion transactions boosts its network strength, but with momentum indicators cooling, SOL faces a critical support test near $145.
The SEC’s delay in approving the XRP Spot ETF and others has not caused significant market disruption, with analysts predicting final decisions by October.
IBIT’s gains stood out as broader Bitcoin ETFs saw mixed flows, showing selective investor demand.
The Trump International Hotel and Tower in Dubai will allow cryptocurrency payments for condos, with prices ranging from $1 million to $20 million. Eric Trump leads the project, aiming to merge real estate with the crypto world.
- 04:38Overview of Important Developments on May 7th at Noon7:00-12:00 Keywords: People's Bank of China, Metaplanet, NEAR ETF, Futu Securities 1. The People's Bank of China announced interest rate cuts and reserve requirement ratio reductions; 2. The U.S. Senate launches an investigation into Trump's cryptocurrency activities; 3. Japanese listed company Metaplanet increased its holdings by 555 Bitcoins again; 4. Bitwise has submitted a listing application for a spot NEAR ETF to the U.S. SEC; 5. U.S. Senators propose the MEME Act to prohibit the President and Congress members from issuing Meme coins; 6. Digital asset infrastructure platform Fuze completed a $12.2 million Series A financing round, led by Galaxy.
- 04:22DeFi Technologies Financial Report: Valour's AUM Rises to Nearly CAD 1 Billion, BTC, ETH, and SOL Holdings UnchangedPANews reported on May 7, according to PRNewswire, DeFi Technologies announced its financial status data as of April 30, 2025. It disclosed that thanks to the rise in digital asset prices, the assets under management of its digital asset ETP issuing company, Valour, have risen to 988 million CAD (approximately 715 million USD). Except for some adjustments in altcoin holdings, the main digital asset holdings remained unchanged, including: 208.8 BTC (19,459,046 USD), 121 ETH (213,761 USD), 14,375 SOL (2,156,573 USD), 433.322 AVAX (9,701,160 USD), 1,822,703 CORE (1,199,885 USD), 1,286,683 ADA (944,039 USD), 490.5 UNI (2,886 USD).
- 04:12Data: Ethereum Spot ETFs Had a Total Net Outflow of $17.8709 Million Yesterday, with None of the Nine ETFs Seeing Net InflowsAccording to ChainCatcher, based on SoSoValue data, the total net outflow of Ethereum spot ETFs was $17.8709 million yesterday (May 6, Eastern Time). The Ethereum spot ETF with the largest single-day net outflow yesterday was the Fidelity ETF FETH, with a single-day net outflow of $17.8709 million. Currently, the historical total net inflow of FETH has reached $1.446 billion. As of the time of writing, the total net asset value of Ethereum spot ETFs is $6.182 billion, with an ETF net asset ratio (market value compared to the total market value of Ethereum) of 2.88%, and the historical cumulative net inflow has reached $2.490 billion.