特朗普的加密货币储备提案“缺乏细节”：支持者

Pi Network’s native token, PI, has dropped sharply in recent days, falling to around $0.86 on May 16 as many anticipate a price rebound amid growing catalysts. Pi Network (PI) has now dropped over 40% from its weekly peak of $1.57 and is more than 71% below its all-time high of $2.99, which was reached in late February. The latest drop came despite what appeared to be a major development.  On May 14, the Pi Foundation announced a $100 million venture fund aimed at supporting startups in areas like AI, gaming, fintech, and e-commerce. The initiative hopes to boost real-world use of the Pi ecosystem, but the market reaction was negative. Many traders had anticipated a major exchange listing, which would have brought significant liquidity and price discovery. The news likely triggered a “sell the news” response from the market because there was no listing in sight.  You might also like:A 90-year-old theory suggests the Pi Network price may surge soon Looking at the technical picture, PI is still has breached the $0.89 support level, which was acting as a crucial floor in the recent decline. At about 54, the relative strength index indicates neutral momentum.  Pi Network price analysis. Credit: crypto.news While short-term moving averages remain weak, longer-term trends that span 20 to 50 days show some underlying strength. The overall trend remains unclear despite some indicators showing early signs of recovery and a slightly bullish moving average convergence divergence.  Several upcoming events may shift the narrative. The project’s founder, Dr. Nicolas Kokkalis, is scheduled to speak at Consensus 2025, a major blockchain event. Rumor has it that the team may use the event to showcase a network decentralization plan. Another major update is the deactivation of the core node of the Pi Network, which indicates a move toward a more open system. Meanwhile, there is still speculation regarding possible exchange listings. Strong community support and wallet activity linked to Binance have raised expectations that PI will soon list on a major platform. Even though no formal listing has been announced, a move like this could raise liquidity. One concern that continues to weigh on price is token supply. Over the next 12 months, an estimated 1.47 billion PI tokens are set to be unlocked. This could put downward pressure on the market if there isn’t a lot of corresponding demand. Many users are calling for a token burn, which could help ease selling pressure if implemented. If Pi Network delivers key updates at Consensus 2025 and confirms a path toward decentralization or listings, the price could recover above $1. Failure to meet expectations may push it back toward $0.75. Read more:Polygon price at risk of a 40% crash despite DeFi, stablecoin gains

Bitcoin, Ethereum, and XRP face carnage in response to Trump’s policies and announcements. The total market capitalization of crypto is down to $2.784 trillion on Wednesday.  比特币（BTC）与标准普尔 500 指数的 30 天相关性为 0.75，这向交易员发出信号，表明顶级加密货币的表现与美国股票相似。特朗普主义，或者说美国总统唐纳德·特朗普在某一天的某个特定时刻对某个主题的看法，在他执政的头五十天内引发了加密货币的大幅回调。 目录为什么加密货币会失败而特朗普主义会获胜？加密货币市场崩盘，比特币、以太坊、瑞波币大选前后的表现比特币、以太坊和 XRP 链上分析Is it the end of the Bitcoin bull run?Expert commentary Why is crypto losing while Trumpism wins? U.S. stocks are facing a slump, the S&P 500 is down nearly 8% in the past month, and is lower than it was the day before President Trump won the 2024 election. $4.5 trillion in capital has been wiped out of the market, per the index, and the correction is not limited to equities.  Crypto, typically considered one of the high volatility risk assets, has faced a steep decline as traders turn risk averse and pull capital from the category.  尽管美国股市表现是新政府上任后前 50 天内有史以来最差的表现之一，但即使在调整后，加密货币市值仍比选举前的水平高出近 20%。 加密货币市值 | 来源：CoinGecko 当比特币突破 10 万美元大关并创下历史新高时，以太坊和 XRP 也随之上涨。根据 TradingView 的数据，这场市场大屠杀导致三大加密货币下跌，过去一个月分别下跌了近 15%、28% 和 9%。 特朗普的亲加密货币行政命令和战略加密货币储备公告未能激发交易员的积极情绪。Alternative.me 的加密货币恐惧与贪婪指数显示，交易员在周三仍然感到恐惧。 在 2 月份的一份报告中，《福布斯》评估了唐纳德·特朗普重返总统宝座对数字资产等另类投资的影响。该出版物概述了这取决于“政策实施的细节、市场预期和全球经济状况。虽然一些行业可能会受益于放松管制或税收激励，但其他行业可能会面临政府支持的减少或政策转变。” Traders, therefore, need to proactively switch strategies and adjust portfolios, trade headline to headline, and anticipate the potential changes, such as the inclusion of different tokens in the U.S. Strategic Crypto Reserve, to prioritize categories of tokens that are likely to receive favorable treatment or have inherent resilience to policy-induced volatility. 你可能还喜欢：以太坊价格警报：ETH 可能很快跌至 1000 美元的原因如下 加密货币市场崩盘，比特币、以太坊、瑞波币大选前后的表现 在经历了连续近四周的调整后，加密货币市场和三大代币本周继续下跌。随着加密货币交易员消化特朗普的关税战和行政命令，机构和市场参与者已转向规避风险，并意识到比特币的损失正在增加。 BTC 现在正处于一个十字路口，随着交易员推动对风险资产的需求上升，金融宽松可能意味着加密代币上涨。然而，地缘政治逆风和特朗普主义继续对该行业造成沉重压力。 The debate on whether a Strategic Crypto Reserve would meet the expectations of the crypto community and what the inclusion of Ethereum (ETH), XRP (XRP), Solana (SOL), and Cardano (ADA) means for holders of the token wages on social media platforms.  Traders now wait and watch for the narrative to unfold. It is typical for the Bitcoin price to drop between 20 and 25% before it rallies during a bull market. However, the macroeconomic headwinds and higher number of market movers make it challenging to predict BTC price trends in the coming weeks and months.  The $80,000 level remains a crucial support for Bitcoin; a return to the $100,000 milestone could see BTC rally towards its all-time high and test it. However, a decline from $80,000 could push the token to pre-election levels under $70,000.  Another 15% drop from the current price level could erase all post-election gains for Bitcoin.  BTC/USDT 1 天价格图表 | 来源：Crypto.news 以太坊价格比选举前的水平低 30%，回到了 2023 年 11 月的价格。多种因素，缺乏机构兴趣、对以太坊基金会内部变化的担忧、以其持有的以太币作为抵押品借入稳定币的鲸鱼的清算以及大型钱包交易者的兴趣减弱，都对以太坊价格趋势产生了负面影响。 在撰写本文时，以太币的交易价格为 1,846 美元，交易员正在等待美国证券交易委员会批准等催化剂，以在美国现有的以太币 ETF 中增加质押，从而推动加密货币中最大山寨币的上涨。 ETH/USDT 1 天价格图表 | 来源：Crypto.news XRP 是三大加密货币中最具弹性的，交易价格比选举前的水平高出 75%。在撰写本文时，XRP 的交易价格为 2.1668 美元。 Catalysts like the token’s addition to the U.S. Strategic Crypto Reserve, Ripple executive’s inclusion in Trump’s elite Crypto Summit last Friday, and SEC’s changing stance on litigation against crypto firms have contributed to the gain in XRP price.  XRP/USDT 1 天价格图表 | 来源：Crypto.news 比特币、以太坊和 XRP 链上分析 自 2 月中旬以来，比特币和 XRP 交易员一直在获利了结。然而，就以太坊而言，交易员的行为类似于投降。交易员已经意识到他们持有的以太币亏损，因为从 Santiment 的网络实现盈亏指标的负向峰值可以看出。 投降之后价格会稳定下来，但以太币价格是否会在未来几周和几个月内回升还有待观察。 Bitcoin, Ethereum and XRP on-chain analysis | Source: Santiment The total open interest in USD in the three tokens has shown a steady decline since the last week of February. This implies that derivatives traders are losing interest in the top 3 cryptos, in line with the risk-off sentiment and the U.S. stock market bloodbath.  As Bitcoin behaves more like a U.S. tech stock every day, the “Bitcoin as a hedge and safe haven” narrative takes a hit, and cryptos are identified as one of the risk-assets among alternative investments.  Bitcoin, Ethereum and XRP on-chain analysis | Source: Santiment Is it the end of the Bitcoin bull run? X 账号 @davthewave 背后的加密分析师认为，加密市场调整最糟糕的时期已经过去。比特币牛市还远未结束，分析师检查了支持其论点的五个关键指标。 https://twitter.com/davthewave/status/1898946556063330559 过去三次牛市中，比特币价格的平均回调幅度分别为 2016-17 年、2020-21 年和 2023-24 年的 24% 至 32%。因此，BTC 的近期回调幅度远低于平均水平，并不直接预示着牛市的结束。 加密比特币牛市指数是一种用于分析九种不同统计数据以确定市场周期阶段的指标。PI 周期、MVRV Z 分数和储备风险等指标用于识别比特币牛市还是熊市。 在过去三个周期中，每当 CBBI 超过 90 时，比特币就会创下历史新高。这在当前的周期中尚未发生，这意味着牛市可能会持续，BTC 可能会在 2025 年的未来几个月达到顶峰。 Crypto Bitcoin Bull Run Index | Source: Coinglass Expert commentary WeFi 增长主管 Agne Linge 与 Crypto.news 分享了书面评论，评论了比特币市场波动性上升，以应对不断变化的宏观条件。 林格说， “过去两周，比特币在 7.9 万美元至 8.5 万美元之间波动，反映出地缘政治和宏观经济压力不断加大导致市场波动加剧。市场情绪紧张，贸易紧张局势再次升级，预计 4 月 2 日将实施新的关税。今天，对钢铁和铝进口征收 25% 的新关税生效，引发欧盟迅速反击，欧盟计划从下个月开始对价值 260 亿欧元（约合 220 亿英镑）的商品实施反制措施。 宏观波动加剧和地缘政治紧张局势促使投资者转向美国国债等避险资产，反映出在市场不确定性不断增加的情况下，投资者普遍转向资本保值。与此同时，德国决定举债为军事建设提供资金，引发德国政府债券 (Bunds) 大幅抛售，投资者寻求更大的稳定性，这加剧了投资者转向美国国债的趋势。 Bitfinex 分析师告诉 Crypto.news， “Such widespread capitulation often precedes market stabilisation, though geopolitical and macroeconomic concerns remain a significant overhang.” Dr. Sean Dawson, Head of Research at Derive.xyz told Crypto.news: “The market is facing significant challenges as the macroeconomic environment worsens, and crypto assets are no exception.  随着看跌情绪的增强，交易员开始转向下行对冲策略，尤其是在传统市场和加密货币市场波动性激增的情况下。未来几周对于评估更广泛的经济形势如何影响数字资产价格和交易行为至关重要。” 披露：本文不代表投资建议。本页内容和材料仅供教育之用。

PayPal USD 稳定币通过 Wanchain 的新跨链桥扩展到 Cardano 生态系统。 根据 Wanchain 与 crypto.news 分享的新闻稿，PayPal USD (PYUSD) 是在 Solana 和以太坊链上发行的稳定币，现在可以通过 Wanchain 的互操作性解决方案在 Cardano (ADA) 上使用。 Wanchain 首席执行官 Temujin Louie 表示，这座桥梁将为用户在不同链之间转移资产提供“更多选择、更大的灵活性和控制力”。 根据 DefiLlama 的数据，Cardano 的去中心化金融生态系统锁定的总价值接近 4.47 亿美元，这将为“网络之间的更大协同作用打开大门，促进创新和采用，并最终推动下一波跨生态系统的区块链互操作性”，Louie 补充道。 你可能还喜欢：Ondo 推出 PayPal USD 与 OUSG 之间的全天候转换服务 今年 1 月初，美国金融机构 FV Bank 通过在其数字银行平台上添加 PayPal USD 来增强其稳定币服务。据 crypto.news 报道，此次整合允许账户持有人直接将 PYUSD 稳定币接收到他们的美元账户中，并实时转换为美元。 PYUSD 于 2023 年 8 月推出，由美元存款和类似现金等价物支持。根据 crypto.news 的价格跟踪页面，其总供应量目前约为 5.15 亿美元。 2024 年 9 月，PayPal 开始允许美国商家直接通过其商业账户购买、持有和出售加密货币。自 2020 年以来，PayPal 及其子公司 Venmo 已使消费者能够访问比特币 (BTC) 和以太坊 (ETH) 等数字资产。 阅读更多：PayPal 支持的 Mesh 与 Reown 合作，为 Travel Rule 验证比特币钱包

以太坊已回落至此前限制其价格走势近两年的熟悉区间。 由于关键支撑位目前承压，市场正面临一个关键时刻，可能决定以太坊（ETH）未来数月甚至数年的走势。市值第二大的加密货币已回落至2022年之前的波动区间，而该区间历史上曾导致ETH长期横盘整理。鉴于目前价格在熟悉的区间内交易，交易者必须密切关注可能决定下一步宏观走势的关键支撑位和阻力位。 资料来源：Tradingview 要点： 在区间高点的拒绝和在 2022 年区间内的接受从技术上看是看跌的 控制点和价值区域低点是必须保持的关键水平，以避免投降 以太坊仍处于看跌的高位趋势中，可能需要盘整数年才能实现上行回报 Back inside the 2022 range Ethereum’s return to the 2022 range is a significant technical breakdown. This range. between roughly $1,000 and $2,000, was home to Ethereum’s price for nearly two years before a bullish breakout finally occurred. However, that breakout has now been invalidated. A failed attempt to hold above the range high was followed by a series of weekly bearish engulfing candles, clearly showing the market’s acceptance back into this prior zone. Historically, when Ethereum has re-entered such major ranges, it hasn’t just bounced around for weeks, it’s remained trapped for months, even years. This return to the range isn’t just psychological, it’s structural. The lack of bullish momentum following the breakout, combined with the re-acceptance into a previously defined range, suggests the potential for a prolonged consolidation phase. If history repeats, Ethereum may oscillate within this range again for an extended period before any meaningful expansion occurs. 您可能还喜欢：经济学家维持经济衰退概率为 60% 导致以太坊价格涨势停滞 值得关注的关键支撑位 以太坊目前徘徊在控制点附近，即区间内交易量最大的水平。这是一条至关重要的分界线。如果以太坊未能守住这一水平，下一个需要关注的关键区域是价值区域低点。跌破这一水平将使任何剩余的看涨结构失效，并开启更深层次的回调——可能跌至1000美元以下的区间低点。 历史上，价值区域低点一直是买家的最后防线。一旦跌破该区域，可能引发“投降事件”，价格将迅速跌回2022年熊市的低点。如果发生这种情况，可能会吓跑长期持有者，并推迟任何可持续的复苏。如果以太坊想要在未来重塑看涨结构，保持在该区域上方至关重要。 Long-term outlook and investor patience Although this scenario paints a cautious, bearish picture, it also presents opportunity for long-term accumulation—especially near the range low. However, investors should be realistic about expectations. Just like the previous consolidation period, Ethereum may take considerable time—possibly years—before any strong, sustained breakout occurs. Patience will be key. Until the structure shifts, high timeframe trend remains bearish. 阅读更多：尽管关税暂停，比特币仍下跌，股市再次崩盘

Brave has added support for Cardano, bringing the cryptocurrency to the browser-native wallet. The integration follows a partnership between web3 blockchain infrastructure firm and Cardano (ADA) developer Input | Output and Brave Software, the company behind the privacy-first browser and multichain crypto wallet Brave Wallet.  IO and Brave said in an announcement on May 12 that the strategic partnership aims to bring Cardano native assets to users of the wallet. Full support for ADA also means functionalities suc as send, receive and swap. Apart from token management, Brave Wallet will also offer governance support for ADA holders, with capabilities directly accessible from within the crypto wallet. You might also like:SWEAT wallet launches personalised AI agent and goes multichain Brendan Eich, chief executive officer and co-founder of Brave and the Basic Attention Token, noted that the integration goes beyond interoperability. It gives users access to the tools they need to seamlessly engage across decentralized ecosystems. The support also enhances security for users, Eich added. “By bringing Cardano into Brave Wallet, we are not only expanding functionality for Cardano users in the age of on-chain governance, but also advancing a new standard for how blockchain networks should empower individuals—protecting privacy while enabling active, on-chain participation,” said Charles Hoskinson, CEO of Input | Output.  Brave’s support for Cardano sees it join cryptocurrency’s top networks like Ethereum and Solana in being accessible via the privacy-focused and browser-native wallet. IO and Brave plan to further their collaboration with future innovation that include engagement with Midnight, a zero-knowledge proofs powered data protection-based blockchain. Brave Wallet also supports decentralized applications on Zcash, Filecoin and Ethereum Virtual Machine chains. Users can access the wallet on desktop and on mobile via Android and iOS. Cardano’s ADA is currently the ninth-largest blockchain network by market cap. Meanwhile, data from DefiLlama shows the total value locked in protocols on the network has increased to $395 million – up from about $259 million in early April. You might also like:Cardano’s bullish reversal: will a break above $1.13 trigger the next big rally?