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Pepe Unchained has achieved the rare milestone of raising $15 million at presale.
Ethereum derivatives market signals renewed optimism, with the futures funding rate 30-day moving average exhibiting a positive shift, according to CryptoQuant.Following the U.S. Federal Reserve’s 50 basis point cut to the Federal Funds rate on September 18, ether has increased over 17%, outpacing bitcoin, which experienced a 10% increase during the same timeframe.
Sei and Sui are two of the best performing Layer 1 tokens this week.
U.S. spot bitcoin ETFs recorded a total daily net inflows of about $105 million on Wednesday, led by BlackRock’s IBIT.The bitcoin ETFs had a total trade volume of $795.88 million for the day.Spot ether ETFs also posted net inflows of $43.23 million, led by the Grayscale Ethereum Mini Trust.
- 2025/05/17 22:34Analyst: Moody's Downgrades US Credit Rating, Crypto Assets Become Safe HavenOn May 16, the international credit rating agency Moody's officially downgraded the U.S. sovereign credit rating from Aaa to Aa1, citing the continuous rise in U.S. government debt levels and the increasing proportion of interest payments. At the same time, the rating outlook was adjusted from "negative" to "stable." This marks the U.S. being completely stripped of the AAA highest credit rating by all three major rating agencies. Analyst recommendation: Moody's downgrade reinforces market focus on U.S. fiscal risks, which will support the mid-term trend of safe-haven assets like Bitcoin. From a technical perspective, if BTC holds steady at the $100,000 support, it is expected to test the $105,000 resistance area. It is recommended to continue positioning in crypto assets with the ability to resist U.S. dollar depreciation, such as BTC, ETH, and supply-deflationary public chain tokens. Short-term pullbacks should be viewed as mid-term entry opportunities.
- 2025/05/17 22:08BlackRock IBIT's Current Holdings Exceed 630,000 BitcoinsBlackRock officially updated its spot Bitcoin ETF holdings information. As of May 15, BlackRock IBIT holds 631,962.23 Bitcoins, exceeding 3% of the total Bitcoin supply. Its holdings are valued at over $65 billion.
- 2025/05/17 22:08WLFI's USD Stablecoin USD1 Circulation on BSC Exceeds 2.1 BillionOn-chain information shows that the USD stablecoin USD1, launched by Trump's crypto project WLFI, has a circulation of over 2.1 billion on BSC, currently at 2,115,191,302 units.