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Bitcoin is stuck between $57.5K and $62K, mainly due to low retail investor demand. Short-term holders are sitting on a resistance level around $64K-$66K, making it hard for Bitcoin to break out. Demand for Bitcoin has dropped significantly since April, with whales and ETFs buying less.

Trump’s odds on Polymarket jumped to 53%, while Kamala Harris is trailing at 46% after a brief surge following Biden’s exit. Trump’s long-standing support for crypto is paying off with strong backing from the crypto community and big donations to his campaign. Kamala Harris isn’t saying much about crypto, and that’s hurting her chances with voters in that space.


Since its debut, Tron-based meme coin deployer SunPump has generated over $1.14 million in revenue.

Spot Bitcoin ETFs have maintained positive flows over the past week. They attracted $39.42 million in net inflows on Wednesday.

Share link:In this post: It took 16 weeks for Anthropic Claude AI mobile app to make $1 million in revenue. The app has failed to make a big impression among users on iOS and Android. AI companies have been burning through cash, but one economist believes the returns are coming.
- 15:46$267 Million Liquidated Across the Network in the Past 24 Hours, Both Long and Short Positions HitAccording to Coinglass data, the total liquidation amount in the cryptocurrency market over the past 24 hours reached $267 million, with long positions liquidated at $121 million and short positions at $146 million. ETH liquidation amounted to $3.2762 million. A total of 122,820 people were liquidated in the past 24 hours.
- 15:35Vietnam launches Layer1 blockchain 1Matrix to enhance digital independenceAccording to Coin Track Daily, Vietnam has launched an ambitious project called 1Matrix, aiming to develop the country's independently developed Layer 1 blockchain. The project is jointly promoted by well-known institutions such as Techcombank, Techcom Securities, Masterise Group, and One Mount Group, and has now partnered with the Vietnam Blockchain Association (VBA). Unlike Vietnam's previous Layer 1 blockchain platform Ronin, developed by the gaming startup Sky Mavis, 1Matrix is designed as a multifunctional blockchain intended to serve the strategic priorities of multiple industries in Vietnam. The project carries not only technical significance but also a nationalistic tone, aiming to enhance data sovereignty, strengthen cybersecurity, and elevate Vietnam's position on the global stage. As a core project under the "Made in Vietnam" concept, 1Matrix has received high-level support, including from Lieutenant General Dang Vu Son, former head of the Government Cipher Committee, and has established a strategic alliance with the Boston Consulting Group.
- 15:35Macro Outlook for Next Week: CPI Data May Trigger Stagflation Trading Scenario, BTC Could Face $100,000 Support TestThis week, Bitcoin returned above $100,000. Wall Street showed caution at the end of the trading week, with U.S. stocks and bonds fluctuating as the world's two largest economies prepared to start trade talks, and investors avoided making higher-risk bets. Market optimism continued to pressure gold prices, with a cumulative drop of nearly 4% on Wednesday and Thursday, but rebounded on Friday, with a cumulative increase of 2.64% last week. Here are the key points the market will focus on in the new week: Monday 22:25, Federal Reserve Governor Kugler speaks; Tuesday 20:30, U.S. April unadjusted CPI year-on-year/seasonally adjusted CPI month-on-month/seasonally adjusted core CPI month-on-month/unadjusted core CPI year-on-year; Thursday 05:40, 2027 FOMC voting member, San Francisco Fed President Daly participates in a fireside chat; Thursday 20:30, U.S. April retail sales month-on-month, U.S. April PPI year-on-year/month-on-month, U.S. May New York Fed/Philadelphia Fed manufacturing index; Thursday 20:40, Federal Reserve Chairman Powell delivers opening remarks at an event; Thursday, the Federal Reserve holds the second Thomas Laubach Research Conference, focusing on research in monetary policy and economics, expected to provide an academic perspective for the Fed's commitment to a monetary policy framework review every five years, until the 16th; Friday 22:00, U.S. May one-year inflation rate preliminary estimate, U.S. May University of Michigan consumer confidence index preliminary estimate. This week, the Federal Reserve's tone was not dovish, with more than half of the Fed's policymakers speaking publicly on Friday, and none indicating that the Fed is close to cutting rates. Next week's economic data will provide an important perspective, with Tuesday's release of April's U.S. CPI offering new insights into inflation trends, and Thursday's release of April's retail sales data providing the latest window into consumer spending. The U.S. April CPI is expected to confirm that price pressures remain excessive, with no reason to cut rates for now. Although the dollar index has risen in the short term, it still faces selling pressure due to the stagflation risk brought by ongoing tariffs. Additionally, the impact of macroeconomic data on Bitcoin prices and whether Bitcoin can consolidate the $100,000 price support range are also worth watching.