FameEX Morning Crypto News Recap | May 13, 2025
2025-05-13 04:20:21SEC Introduces New Regulatory Policy to Foster Cryptocurrencies
At the fourth cryptocurrency working group roundtable, SEC Chairman Paul Atkins announced a shift toward supportive crypto regulations. The SEC plans to create new guidelines via rule-making and exemptions. Conditional exemptions may be granted to entities launching innovative products, with potential for self-custody by funds and advisors under specific conditions.
U.S. Treasury Secretary Besant Seeks to Settle Most Trade and Tariff Disputes by Year-End
On May 12, U.S. Treasury Secretary Besant expressed optimism that the majority of trade and tariff issues would be settled by year-end.
Bitcoin Spot ETF Achieves Four Consecutive Weeks of Net Inflows, IBIT Sees $1.03 Billion Inflow Last Week
Bitcoin spot ETFs had a net inflow of $934 million last week, continuing four weeks of growth. BlackRock’s Bitcoin ETF, IBIT, saw $1.03 billion in inflows, pushing its total historical net inflow to $44.71 billion, based on SoSoValue data.
Global Digital Asset Investment Products Attract $882 Million in Net Inflows, Driven by Bitcoin's Strong Performance
Global digital asset investment products saw $882 million in net inflows last week, continuing four weeks of growth. Year-to-date inflows totaled $6.7 billion. Bitcoin attracted $867 million last week, while U.S.-listed ETFs hit a record $62.9 billion in net inflows since January 2024, according to Coinshares data.
CryptoQuant: Bitcoin STH-SOPR Indicator Enters Red Zone, Indicating Slow Profit-Taking
On May 12, CryptoQuant analysts noted that the Short-Term Holder Profit Ratio (STH-SOPR) indicator entered the red zone. Investors who purchased Bitcoin between $85K-$70K are advised to take profits gradually with a staggered selling strategy, rather than selling all at once, as prices could keep rising.
10x Research Anticipates US April CPI May Propel Bitcoin Growth
10x Research expects the US April CPI to show a 2.4% year-on-year increase. Founder Markus Thielen believes that if this expectation is met, the market could view it positively, potentially boosting Bitcoin prices.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.