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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.
- 16:51Economist: Core Inflation Indicator PCE Annual Rate Expected to Improve in AprilOn May 16, the core inflation indicator favored by the Federal Reserve may drop to its lowest level since 2021 in the April data. Economists from Pantheon Macroeconomics and Capital Economics estimate that the core PCE annual rate, excluding the more volatile food and energy prices, may decrease from 2.6% in March to 2.5% in April. This would be the lowest level since March 2021, just before the pandemic-era inflation surge truly began. (Jin10) BlockBeats previously reported that Federal Reserve Chairman Powell stated today that the April PCE might be around 2.2%.
- 16:51Spot gold rises above $3220/ounce, up 1.32% intradayOn May 16, spot gold extended its gains, rising above $3,220 per ounce, up 1.32% for the day.
- 16:50Bitcoin Surpasses $103,000On May 15, according to market information, Bitcoin surpassed $103,000, with the 24-hour decline narrowing to 0.4%.