随着 BTC 跌破 8 万美元，比特币 ETF 继续面临资金外流

Hyperliquid’s native token $HYPE is trading at $26.73, up 8.6% in the past 24 hours and over 80% in the past month. Since hitting a low of $10.34 in April, the token has rebounded 260% and is now just 23% below its all-time high of $34.96. On-chain metrics point to a spike in trading activity, with 24-hour derivatives volume up 36% and open interest up 13% to $936 million, according to Coinglass data. Daily protocol revenue currently stands at about $2 million, while perpetuals volume over the last day alone reached $7.64 billion, as per DefiLlama data. Rising market dominance and a sharp increase in user adoption are the main drivers of this explosive growth. Hyperliquid (HYPE) has surpassed centralized firms such as Deribit in Bitcoin (BTC) perpetual open interest, as well as OI for some other tokens. Hyperliquid is quickly emerging as a major competitor in the perpetual trading sector, with a lifetime trading volume of over $1 trillion. You might also like:Hyperliquid unveils new fee discount system and account linking feature for May 5 Pseudonymous analyst Flood, in a May 16 post on X, estimates the protocol generates over $700 million in annual revenue, which would make it one of the most profitable businesses in the U.S. Most of those profits, according to Flood, are used to buy back HYPE on the open market. Where does Hyperliquid rank in terms of US companies by net profitability assuming 97% margin biz ($700MM+ net income)— Flood (@ThinkingUSD) May 15, 2025 Looking at the technical picture, HYPE is trading at $26.73, well above all major moving averages, suggesting that the market is still seeing bullish momentum. The relative strength index at 71 indicates overbought conditions, which could signal a short cooling off.  Hyperliquid price analysis. Credit: crypto.news Immediate support lies at $24.76 and $22.32, while $20 offers a stronger psychological support. Resistance sits at $28.13, with a clear path to $30 and potentially the all-time high of $34.96 if momentum and volume holds.  A more substantial decline toward $20 might result from a drop below $22. Even though the trend is still strong, the market’s reaction to this overbought stage will probably determine the next course of action. Read more:XRP dips as U.S. court rejects Ripple-SEC settlement bid over procedural misstep

The crypto market sentiment improved this week, with several large cryptocurrencies recording double-digit gains. Bitcoin’s rally past the $95,000 resistance is the highlight, with altcoins like Official Trump and Sui outperforming most others.  Bitcoin’s decoupling from stock, the comeback of the digital Gold narrative, and Trump’s softening stance on tariffs supported this week’s gains.  Table of ContentsBitcoin, altcoin weekly performance TRUMP, SUI outperformInstitutional demand is upSantiment shows… TRUMP, SUI price forecast Why altcoins could rally soon Bitcoin, altcoin weekly performance  Bitcoin (BTC) is currently hovering under $95,000, a key level for the most prominent cryptocurrency. At last check Saturday, BTC was down 0.45%, trading at around $94,358.49. Observers noted that it recovered from its most recent flash crash, where the asset slipped to its lowest level in nearly five months.  With Bitcoin back above key support zones, traders eye the $100,000 milestone and a re-test of the all-time high in the coming weeks. Demand for crypto remains strong, and sentiment is turning positive. For the first time in several weeks, traders are “greedy”, as seen on the Fear & Greed Index at Alternative.  Crypto Fear & Greed Index | Source: Alternative Altcoins followed in Bitcoin’s footsteps and recovered losses. Most cryptos posted double-digit rallies this week, erasing losses from the BTC flash crash in the second week of April 2025.  TRUMP, SUI outperform The Official Trump token (TRUMP) and Sui (SUI) are two tokens that outperformed most other altcoins with their seven-day gains, 79% and 70% respectively. Technical indicators for the two tokens show likelihood for an extension of their rallies in the coming weeks.  The price of President Donald Trump’s meme coin surged only after it was announced that the top 220 holders would be invited to a gala dinner with him next month, with the top 25 also attending a VIP reception and White House tour. The White House crypto office said it isn’t associated with the event, and the dinner could personally benefit the Trump family by boosting the coin’s value. Despite the rally, $TRUMP remains well below its $75 peak from January. Still, as risk appetite grows among traders, TRUMP and SUI holders stand to gain and see profit-taking opportunities if the upward momentum in the two tokens is sustained.  Bitcoin and altcoins are set to close a strong week while Trump softens his stance on tariffs and maintains support for U.S. Federal Reserve Chair Jerome Powell. The digital Gold narrative is making a comeback as Bitcoin decouples from tech stocks and traders’ portfolios could benefit from adding a safe-haven asset structurally different from equities.  You might also like:SEC chair Paul Atkins says crypto deserves regulatory clarity Institutional demand is up While altcoins steal the limelight with double-digit rallies, institutional investors warmed up to Bitcoin and U.S. Spot Exchange Traded Funds recorded the strongest week of inflows in 2025. Institutional clients are pouring capital into Bitcoin Spot ETFs and gearing for the impending approval of altcoin ETFs, with a pro-crypto SEC and Chair Paul Atkins in office.  U.S. based Spot Bitcoin ETF flows | Source: SoSoValue As U.S.-China tensions cool, institutions quietly drive demand for BTC, citing two key properties of the asset, “inflation resistance,” and its “scarcity.” Sovereign wealth funds, banks and asset managers are interested in Bitcoin, while institutions like Semler Scientific follow in the footsteps of Michael Saylor’s Strategy in 2025.  You might also like:TRUMP coin soars 73% on dinner hype — but July’s unlocks could tell a very different story Santiment shows…  On-chain data from Santiment shows TRUMP noted a large spike in social dominance and an uptick in trade volume — likely due to the gala invite.  For SUI,, there has been a significant increase in Open Interest as the total value of open positions in SUI across derivatives exchanges, and a rise in volume.  On-chain indicators support the gains in TRUMP and SUI and suggest an extended price rally in the coming weeks.  TRUMP and SUI on-chain analysis | Source: Santiment TRUMP rallied about 16% in the past 24 hours; SUI is down roughly 8.35% in the past 24 hours.  TRUMP, SUI price forecast  TRUMP has been consolidating under resistance at $18.22 for the past month. Two key momentum indicators on the daily timeframe, RSI and MACD support gains in TRUMP. RSI reads 69, shy of the “overvalued” or “overbought” level at 70 and MACD flashes consecutively taller green histogram bars above the neutral line.  If TRUMP’s positive momentum is sustained, the meme coin could flip resistance into support and rally 34% to test $18.22, a sticky level for the token. Two key resistances on TRUMP’s path as it breaks into a rally are $22.42 and $30.60.  TRUMP/USDT daily price chart | Source: Crypto.news SUI trades at $3.5791 at the time of writing. The DeFi token could extend its rally by another 12% and test resistance at $4.0105, for the first time since February 2025. The $3.8588 level, a lower boundary of a Fair Value Gap on the daily price chart, is a hurdle in the token’s uptrend.  SUI could find support in the FVG between $2.7488 and $2.8950, in the event of a correction.  The MACD, one of the two key momentum indicators, supports gains in the token and implies an underlying positive momentum in SUI’s uptrend.  RSI is currently in the “overbought” zone above 70, this generates a sell signal. However, unless other indicators point at a trend reversal, SUI could extend its price rally.  SUI/USDT daily price chart | Source: Crypto.news Why altcoins could rally soon Bitcoin’s recent gains and return above the $95,000 level could be a fleeting moment in the market cycle since on-chain data shows that BTC demand is still contracting, though not as fast as before.  Bitcoin apparent demand | Source: CryptoQuant CryptoQuant data shows that momentum from new investors has dropped sharply and hit its lowest level since October 2024. While ETF flows may have steadied for now, liquidity growth is below market expectations and this is not a recipe for a sustained price rally in Bitcoin. A slowdown in Bitcoin could direct capital to altcoins, paving way for a rally, sustained gains in meme tokens and alternative cryptocurrencies until BTC demand rises.  Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

日本的 Metaplanet 最近购买了 150 BTC，使其比特币总持有量达到 3,200 BTC。此次购买是该公司向 EVO FUND 发行 20 亿日元普通债券之后进行的。 这家日本投资公司在最近的公司通知中宣布，它最近以每比特币 1250 万日元（83,611 美元）的平均价格购买了 150 个比特币（BTC）。该公司表示，收购比特币是其进一步扩大比特币资金业务的持续努力的一部分。 截至发稿时，该公司的比特币投资总额已达 3,200 BTC，按当前市场价格计算相当于超过 2.66 亿美元。 根据 crypto.news 的数据，比特币在过去 24 小时的交易中小幅下跌了 0.24%。BTC 目前的交易价格为 83,323 美元。按市值计算，最大的加密货币在过去一周上涨了 3.5%。尽管如此，其月度表现却呈现下降趋势，因为 BTC 在过去一个月内下跌了 14%。 2025 年 3 月 18 日过去 24 小时交易中比特币的价格图表 | 来源：crypto.news 你可能还喜欢：专注于比特币的 Metaplanet 总持有量突破 3000 BTC 通知显示，Metaplanet 的 BTC 收益率（衡量每股持有的比特币数量）在 2024 年第四季度增长了 309.8%。与此同时，在 2025 年第一季度，即从 1 月 1 日至 3 月 18 日计算，与 3 月 12 日的上一次购买相比，Metaplanet 的收益率从 53.2% 上涨至 60.8%。 今天早些时候，Metaplanet 向 EVO FUND 发行了价值 20 亿日元的普通债券，这是这家日本公司发行的第九次普通债券。根据文件，该公司计划利用债券发行所得资金购买更多比特币。据 Google Finance 称，尽管发行了债券，但 Metaplanet 的股价仍下跌了 0.5%，至 4,030 日元。 自 2024 年 4 月以来，Metaplanet 在启动自己的比特币财务运营后，一直在逐步收购更多 BTC。这家日本公司通常被称为“亚洲战略（前身为 MicroStrategy）”，一直在逐步增加其比特币持有量。自 2024 年 4 月开始购买比特币以来，Metaplanet 的股价已上涨超过 3,000%。 Read more:Metaplanet 发行另一组 0% 普通债券以购买更多比特币

Shardeum has unveiled its mainnet after a testnet phase that attracted more than 1.4 million participants from across the globe, setting a new record for Layer 1 testnet validator nodes. According to the official press release sent to crypto.news, the EVM-based autoscaling network recently launched its mainnet after a month-long delay. Its testnet phase generated more than 171,000 physically-run public validator nodes, the highest number of validator nodes ever recorded on a Layer 1 testnet. The protocol’s mainnet is designed to solve the “scalability trilemma,” which essentially allows global users and developers to maintain decentralization, scalability, and affordability without sacrificing a single aspect in favor of another. The network is equipped with a unique ability to breakdown its workload into smaller parts, known as “shards,” which enables the project to ensure transaction validation run in parallel. Initially, the mainnet genesis will begin with 256 validators combining together to form two shards. Due to its shard-like approach, the mainnet offers a number of features including the ability to run nodes in under one minute through a single-command install, without requiring participators to employ heavy hardware or a large stake. Moreover, Shardeum’s approach keeps gas fees as a minimum, remaining as low as $0.01, even when network congestion is high. Upon launch, the mainnet will be support by a number of industry players including treasury operations firm PrimeVault, validator and operator service Mintair and airdrop and token vesting manager Tokensoft. The network is launching with more than 60 open-repositories along with an innovative validator accountability system that involves automatic rotation of consistently under-performing nodes. You might also like:Shardeum to debut its new mainnet on April 15 after token airdrop Shardeum’s token distribution Shardeum’s native token, SHM, will also be launched alongside its mainnet, with a total circulating supply of 249 million tokens. According to the project’s tokenomics, around 36.72% will go to the community token sale while 30.6% of the tokens will be allocated to the team. Both token distributions come with a 3-month cliff period and a two-year daily linear vesting timeline. Meanwhile, 22.44% of tokens will go to the project’s foundation and will be unlocked during the token generation event. The same applies for 10.23% of tokens allocated to the ecosystem and airdrop distribution. The protocol’s token will be used for various on-chain functions, including governance, staking, and gas payments. So far, SHM is set to be listed on major crypto exchanges including BitMart, CoinW and MEXC. On the other hand, the mainnet will be integrated into EVM-supporting wallets, such as MetaMask, OKX Wallet, and Trust Wallet. Chief Technology Officer of Shardeum, Srini Parthasarathy said the launch of the project’s mainnet is not just a technical milestone, it is also proof that it is possible to solve what many deemed as the “blockchain trilemma,” which often resulted in a trade-off. “Launching mainnet with a record-size grassroots validator set is exactly the kind of milestone that convinces us Shardeum will be the foundation for the next wave of Web3 applications,” said Parthasarathy. In the later half of 2025, Shardeum expects developers to start testing smart-contract functionality, followed by stable dApp deployments soon after. As previously reported by crypto.news, Shardeum’s mainnet launch was originally slotted for April 15. However, it was eventually delayed to May due to unfavorable market conditions. Read more:Shardeum layer 1 confirms its token will launch on May 5 after multiple delays

披露：此处表达的观点和意见仅属于作者，并不代表 crypto.news 编辑部的观点和意见。 互联网正处于十字路口。人们持续表达着对互联网的沮丧和不满——这种情绪是20年前的两倍——而中心化平台因其不透明的算法、数据利用和内容管理中的偏见而面临越来越多的审查。 您可能还喜欢：去中心化互联网缺少的环节是保密性 | 观点 如今，大多数在线平台都运行在 Web2.0 之上，FAANG 公司——Meta（前身为 Facebook）、亚马逊、苹果、Netflix 和 Alphabet（前身为谷歌）——控制着数据、投放广告并追踪用户以牟利。用户最终是产品，虽然这些公司通过将用户转化为产品增加了数十亿美元的市值，但这远非打造像互联网这样的可持续知识引擎的最佳模式。互联网生态系统的参与者开始意识到，除了 FAANG 公司之外，这种模式实际上对任何人都不起作用。 这些问题在搜索领域最为明显。搜索是互联网上最基本的活动之一，因此处于“内容守门”的最前沿。如果互联网真的是我们集体知识的引擎，那么搜索就是获取这些知识的第一步。有时，这甚至是利用互联网获取知识的最后一步，也是唯一的一步。考虑到谷歌页面上第一个结果的点击率超过25%，而第十个结果的点击率只有十分之一，想必其中只有一小部分会进入第二页。 现在，想想谷歌在整个搜索领域的突出地位。尽管谷歌去年的搜索市场份额十年来首次跌破90%，但它仍然在第三世界独裁者普选总票数的范围内。因此，谷歌算法提供的“唯一真实结果”只为这个仍然占据着90%左右搜索引擎市场份额的搜索引擎带来了四分之一的流量。这体现了一家私人公司拥有的不透明且集中的权力。尽管像 DuckDuckGo 和 Bing 这样的竞争对手试图通过提供人工智能搜索或增强隐私保护来抢占市场份额，但作为中心化公司，它们从根本上面临着与谷歌相同的问题，只是没有市场份额。搜索结果的完整性从未如此重要，我们不能指望 Web2 架构来妥善维护这种完整性，尤其是在这些架构保护用户的优先级可能瞬息万变的情况下。 解决方案就在这里：进入 web3 我们如何将信息的组织方式交还给用户，尤其是当搜索引擎随着人工智能的实施和信息来源的模糊化而变得更加难以捉摸的时候？ 将这种权力重新交到用户手中的一种可能方法是迄今为止基于 Web3 构建的。Web3 可以让我们构建一个去中心化的、由社区驱动的搜索引擎，同时参与一个真正开放且无需信任的搜索生态系统。一个去中心化的、由节点驱动的生态系统可以确保搜索结果公平、公正、不受审查，并且不受塑造传统搜索引擎的企业议程的影响。 Web3 平台无需依赖企业，而是无需许可、自主且去中心化。它们由区块链和智能合约驱动，而非中心化的企业服务器，避免用户面临漏洞和数据安全隐患。Web3 平台将数据、身份和数字资产的控制权交还给用户。Web3 还可以通过许多其他方式赋能用户。这些包括自主主权、无需许可即可控制资产且无需担心被没收、自主托管质押和收益、为无银行账户用户提供访问权限、点对点转账，以及或许最重要的——根本性的去中心化，它能够消除单点故障，同时抵御操纵。 此外，它没有行为分析、没有中心化控制、也没有数据追踪。这意味着没有审查风险，不会压制竞争声音，并且能够提供尊重用户隐私的搜索体验。 用户必须努力恢复电力 如今，搜索引擎充当着信息的守门人，中心化平台根据用户个人资料和企业利益决定哪些内容被放大、被压制或被货币化。用户理应享有更公平、最终更优质的搜索体验，排名算法不应受到个人数据、过往行为或利益驱动议程的影响。 随着人工智能竞赛的升温，各大公司都在寻找新的数据源来训练这些人工智能，这个问题必然会变得更加严重。无论中心化公司曾经向用户做出过怎样不追踪或使用数据的承诺，这些优先事项都可能在人工智能技术重组之类的事件中迅速转变。Web3 的魅力在于，其技术本身的结构可以防止这种利用。 Web3 目前可能看起来很抽象，但它与用户从个人电脑过渡到 Web2 时代联网个人电脑时所需的技术熟练程度并无太大区别。用户本质上只需将与中心化网络服务（以及未知的其他地方）共享的加密密码换成只有他们自己才能控制和访问的加密钱包即可。完全掌控资产和数据所带来的好处将远远超过学习过程中遇到的任何障碍。用户已经表明，他们愿意为了便利而做出很多牺牲，但或许他们已经达到了这种妥协的临界点。现在正是 Web3 大显身手的时候。 阅读更多：Who controls your digital identity? Blockchain’s answer to AI avatar risks | Opinion Timothy Enneking 蒂莫西·恩内金是 Presearch 的首席执行官，Presearch 是一个去中心化、注重隐私的 Web3 搜索引擎。七年前，他在接受 CNBC Asia 关于加密货币的采访时推荐了该项目，并受邀加入该项目，之后担任了四年的顾问。2023 年 8 月，应创始人邀请，他再次加入 Presearch 担任首席执行官，带领项目更上一层楼。他是 Digital Capital Management, LLC（“DCM”）的创始人兼负责人，该公司运营着加密货币交易基金 CAF 2017。他还是 Psalion 的创始人兼执行合伙人，该公司管理着两支风险投资基金和一个收益农业业务。截至 2024 年 6 月的九年时间里，Enneking 先生担任 Mana Companies Asset Management 的首席投资官，这是一家中型家族理财室（未投资加密货币）。在此之前，Enneking 先生创立并管理了 Tera Capital Fund，这是一家专注于东欧的母基金（成立于 2004 年）。与此同时，2013年，他受聘管理全球首支比特币基金。Enneking先生还拥有丰富的并购经验，已完成70多笔交易，总交易额超过120亿美元。他精通近乎母语的法语、俄语和德语。他拥有五个大学学位，均为国际商务和法律专业。