FameEX Morning Crypto News Recap | May 13, 2025
2025-05-13 04:18:32SEC Unveils New Regulatory Policy to Support Cryptocurrencies
SEC Chairman Paul Atkins announced a shift towards more supportive cryptocurrency regulations at the fourth cryptocurrency working group roundtable. The SEC plans to develop new guidelines using rule-making and exemption mechanisms. Conditional exemptions may be offered to entities launching innovative products, with consideration given to allowing self-custody for funds and advisors under specific conditions.
U.S. Treasury Secretary Besant Aims to Resolve Majority of Trade and Tariff Issues by Year-End
On May 12, U.S. Treasury Secretary Besant expressed hope that most trade and tariff issues would be resolved by the end of the year.
Bitcoin Spot ETF Records Four Weeks of Net Inflows, IBIT Sees $1.03 Billion Inflow Last Week
Bitcoin spot ETFs saw a net inflow of $934 million last week, marking four consecutive weeks of growth. BlackRock's Bitcoin ETF, IBIT, received $1.03 billion in inflows, bringing its total historical net inflow to $44.71 billion, according to SoSoValue data.
Global Digital Asset Investment Products See $882 Million in Net Inflows, Led by Bitcoin's Strong Performance
Global digital asset investment products saw $882 million in net inflows last week, marking four consecutive weeks of growth. Year-to-date, net inflows have reached $6.7 billion. Bitcoin attracted $867 million last week, while U.S.-listed ETFs set a record with $62.9 billion in net inflows since January 2024, according to Coinshares data.
CryptoQuant: Bitcoin STH-SOPR Indicator Reaches Red Zone, Signaling Gradual Profit-Taking
On May 12, CryptoQuant analysts highlighted that the Short-Term Holder Profit Ratio (STH-SOPR) indicator has entered the red zone. Investors who bought Bitcoin between $85K-$70K are advised to gradually take profits using a staggered selling strategy, instead of liquidating all at once, as prices may continue to rise.
10x Research Predicts US April CPI Could Drive Bitcoin Growth
10x Research states that the US CPI for April is expected to show a 2.4% year-on-year growth. Founder Markus Thielen suggests that if this expectation holds, the market may see it as positive, potentially driving Bitcoin prices higher.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.