Odaily Planet Daily News: MANTRA published a statement on the X platform stating that as part of its commitment to decentralization, the Association 6 validator has now been retired and users need to transfer the staked OM to another validator.

While Bitcoin also opened with a small gap — a pattern that has become common and typically closes within 1–3 […] The post Ethereum Opens with Rare Price Gap — Potential Local Reversal Zone? appeared first on Coindoo. source: https://coindoo.com/ethereum-opens-with-rare-price-gap-potential-local-reversal-zone/

Bitcoin price today soared to a new 90-day peak right after USA & China buried the hatchet for global trade relief. source: https://dailycoin.com/bitcoin-record-price-run-today-ignites-2b-liquidation-chaos/?utm_source=cryptopanic&utm_medium=rss

Odaily Planet Daily News: According to market news: Citigroup has postponed its forecast for the next Fed rate cut from June to July. (Jinshi)

Coinbase Institutional's top executive reveals massive bullish nuance about spot Bitcoin ETFs source: https://u.today/massively-overlooked-bitcoin-etf-nuance-revealed-by-coinbases-head-of-strategy

Michael Saylor’s firm surpasses 2025 Bitcoin yield target as BTC reclaims $100KMichael Saylor’s Strategy has added another 13,390 BTC to its balance sheet, spending $1.34 billion between May 5 and May 11, according to a filing with the U.S. Securities and Exchange Commission (SEC) published on May 12. The move comes as Bitcoin (BTC) reclaimed the $100,000 milestone on May 8, trading at $104,491 at the time of writing.Key Highlights:Strategy purchased 13,390 BTC at an average price of $99,856Total BTC holdings now at 568,840 BTC, up 2.4%Cumulative investment: $39.4 billion at an average of $69,287 per coinBTC yield has hit 15.5%, exceeding Strategy’s original 2025 targetNew yield target raised to 25% in May 2025Strategy Breaks Past 2025 Yield TargetThe recent purchase pushed Strategy’s BTC yield—a proprietary metric based on BTC held per diluted share—up to 15.5%, surpassing its previous 15% target for 2025.“We’ve reached our 2025 BTC yield goal,”said Michael Saylor in a May 12 post on X (formerly Twitter).Following a 74% BTC yield in 2024, the firm has now raised its 2025 target to 25%, underscoring its long-term commitment to Bitcoin accumulation.Critics Raise Red Flags on Aggressive BTC StrategyDespite the bullish achievement, longtime Bitcoin critic Peter Schiff renewed his skepticism. Responding to Saylor’s post, Schiff warned that:“Your next buy will likely push your average cost above $70,000. A price drop will push BTC below your cost basis — not good considering how much debt you used.”Schiff’s comments reference Strategy’s plan to raise $84 billion—split evenly between equity and fixed-income offerings—to fund continued Bitcoin purchases, a strategy some consider high-risk.Bitcoin Price Momentum Supports Strategy’s TimingWith Bitcoin trading near $104,000, Strategy’s timing appears to align with strong market momentum, supported by:Institutional ETF inflowsU.S.–China trade de-escalationAnticipated U.S. tax relief packageTechnical breakout signals, including a possible bull flag targeting $150K

Tariff reductions by China and US may influence crypto markets, as analysts discuss their implications. source: https://coincu.com/337197-us-china-tariff-reductions-crypto

90-day tariff rollback and easing trade tensions set the stage for risk asset breakout, say analystsThe recent U.S.–China tariff agreement, which includes a 90-day reduction in tariffs, is boosting investor confidence across cryptocurrency and stock markets. Analysts say the constructive tone of trade negotiations removes the risk of a sudden re-escalation, paving the way for Bitcoin, altcoins, and U.S. equities to potentially surpass their January 2025 highs.Key Highlights:U.S. and China agree to reduce tariffs to 10% for 90 days, starting May 14Bitcoin (BTC) trades near $103,918, just 4.8% below its all-time highAnalysts say altcoins, equities, and DXY may rally as risk sentiment improvesA potential tax relief package could act as a second catalyst by mid-JulyA bull flag pattern on Bitcoin’s chart hints at a rally toward $150,000Constructive Trade Deal Sparks Global Risk-On SentimentAt a press conference in Geneva, U.S. Treasury Secretary Scott Bessent confirmed the deal, noting both countries are committed to avoiding economic decoupling.“What has occurred with these very high tariffs was an equivalent of an embargo. Neither side wants that,” Bessent said. “We want more balanced trade.”The 24% reduction in tariffs, set to take effect May 14, helps remove one of the key macroeconomic risks hanging over markets since early 2024.Bitcoin Leads the Recovery as Altcoins and Equities FollowAccording to Aurelie Barthere, principal research analyst at Nansen, Bitcoin has already outpaced traditional risk assets due to its resilience against tariff shocks. However, she believes altcoins, stocks, and the U.S. Dollar Index (DXY) are now well-positioned for a catch-up rally.“With easing trade tensions, altcoins and U.S. equities may close the performance gap with Bitcoin,” Barthere told Cointelegraph.Tax Cuts Could Accelerate the RallyBarthere noted that further upside could come if the U.S. unveils a generous tax relief package by mid-July, including:Expanded income tax cutsNew corporate tax reductionsBeyond-extension of expiring tax provisionsShe emphasized this would act as a “significant additional catalyst” for both crypto and equity markets.Technical Outlook: $150K Bitcoin in Sight?Analysts are closely watching Bitcoin’s weekly chart, which appears to be forming a bull flag—a continuation pattern that, if confirmed, could trigger a breakout toward the $150,000 level in the coming weeks.

According to Odaily, Malaysia has experienced a 300% increase in electricity theft cases from 2018 to 2024, primarily driven by illegal cryptocurrency mining activities. While cryptocurrency mining is not banned in Malaysia, tampering with electrical installations is a serious offense. Offenders face penalties of up to 1 million ringgit (approximately $232,720.50) and a maximum prison sentence of 10 years.

David Bailey announced the merger of Nakamoto Holdings, Inc. and KindlyMD (KDLY) to create a new entity for BTC purchases and treasury-building. source: https://www.cryptopolitan.com/david-bailey-launches-nakamoto-company/

Golden Finance launches "Golden Web3.0 Daily" to provide you with the latest and fastest MEME, DeFi, DAO, NFT and Metaverse industry news.

Hong Kong, EU, US, cryptocurrency, cryptocurrency OTC license overview: What are the differences in legal compliance in Hong Kong, EU and US? Golden Finance, global compliance operation response strategy.

What are the characteristics of Kyrgyzstan’s tax and regulatory system involving crypto assets? This article will reveal the answer to you.

For Trump’s inner circle, a veritable golden age has arrived.

Recommended reading for this evening: 1. Telegram launches new gift market, a step closer to social trading; 2. a16z: Financial technology companies fully embrace stablecoins; 3. Bitcoin is "snapped up" by the government: a new favorite of wealth or a hidden danger? ;

The Ethereum Pectra upgrade is another important milestone after the Dencun upgrade in March 2024 (which significantly reduced Layer 2 fees), and includes 11 Ethereum Improvement Proposals (EIPs).

This year, Telegram's focus is on social transactions, and the gifts given between friends will also be minted into NFTs and can be traded directly within Telegram, which is the concrete implementation of this focus.

Ethereum's strong rise has finally brought the market's attention back to this long-silent leader in the copycat market. This may be a more important thing for Ethereum now.

Government agencies hold 8% of Bitcoin, and legalization and centralization risks coexist.

x402 is a payment protocol that supports instant stablecoin payments directly over HTTP