Trump's Memecoin Drops 24% in One Week Despite Rumors About Gala

The official TRUMP memecoin linked to US President Donald Trump has seen a significant 23.72% drop in the last 7 days, trading at $10.48. Despite upcoming events to engage holders, concerns persist about mixing personal brand with political influence. The token's price decrease reflects investor uncertainty, with its upcoming event on May 22nd sparking further debate on its impact.
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A Whale bought 5473.7 ETH at a price of 1802 dollars, spending about 9.862 million dollars.

According to Wu, monitoring by @EmberCN reveals that a Whale bought 5,473.7 ETH for $1,802 three hours ago, spending approximately $9.862 million. Previously, this Address purchased 3,634 ETH at $3,208 in January, accumulating a total of 9,109.6 ETH (market capitalization of about $16.8 million), with an average buying cost of $2,363. Currently, there are unrealized losses of about $4.74 million, with a fall of 22%.
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Celestia DA has risen 2 times in the past 5 months.

The Celestia team has learned that the demand for Celestia's Data Analysis (DA) is rising strongly, having doubled in the past 5 months; Turbotap has successfully achieved its network throughput goals, and even without including Turbotap data, Celestia's DA demand is still twice that of December last year, with its market share still exceeding 50%. Turbotap incentivizes Eclipse and Celestia to flood transactions for the Testnet, rather than generating fake data.
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Bitcoin Network Activity in a Bear Market—Warning or Opportunity?

Recent data on the Bitcoin network activity shows a decrease, indicating a bearish market trend. This has implications for asset prices, as network activity is crucial for sustaining price movements. Despite the bearish signal, it could also present buying opportunities. Additionally, the market capitalization of stablecoins reaching an all-time high suggests bullish behavior in the crypto space.
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Data: BTC market capitalization accounts for over 65%, reaching a new high in four years.

According to Foresight News, citing data charts from Cointelegraph, BTC's market capitalization share exceeds 65%, reaching a four-year high.
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Ripple’s SEC Case Nears Final Resolution as Injunction Set to Be Vacated

Ripple and the SEC are progressing towards resolving their legal dispute, with the SEC agreeing to request lifting the injunction and reducing the penalty from $125M to $50M. Ripple's withdrawal of the cross-appeal marks a turning point as the case nears final resolution.
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Overview of ten monetary policy measures such as Central Bank's reserve requirement ratio cut and interest rate reduction

The People's Bank of China has issued a package of financial policy measures to stabilize the market, including a reserve requirement ratio cut, interest rate adjustments, and the establishment of structural policy tools, totaling ten measures. This move aims to promote high-quality economic development, support technological innovation, expand consumption, and enhance inclusive finance, in order to maintain ample liquidity and encourage an active loan market. In the future, it will continue to implement a loose monetary policy and strengthen the coordination with fiscal policy to support sustainable economic rise.
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Vitalik published an article explaining the evolution strategy of the security model for Ethereum Rollup.

Vitalik proposed the evolution strategy for the Ethereum Rollup security model, which includes stages 0, 1, and 2, defined by the coverage of a security council to support a trustless proof system. It is recommended that L2 deploy directly from stage 1, and it is emphasized that entering stage 2 too early is not advisable, with a focus on strengthening the security of the underlying proof system. Additionally, data providers are advised to present audit and maturity indicators to assist in evaluation.
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"Rich Dad Poor Dad" author: Bitcoin is superior to gold and silver due to its limited supply.

According to Mars Finance, Robert Kiyosaki, the author of "Rich Dad Poor Dad", stated in a post on the X platform that one important reason to trust Bitcoin is its fixed total supply, which will always be 21 million coins. He pointed out that he owns gold mines, silver mines, and oil wells, and when the prices of gold, silver, or oil rise, he can increase supply by mining more. However, the supply of Bitcoin cannot increase, and 21 million coins is the limit. Therefore, he believes Bitcoin is a better asset than gold and silver.
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Senate Democrat probes Trump’s crypto deals in suspected pay-to-play scandal

The top-ranking Senate Democrat on the panel investigating corruption and mismanagement is questioning U.S. President Donald Trump’s recent cryptocurrency activities, raising concerns that they could be part of a “pay-to-play” scheme to offer access to the presidency to the highest
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ZKM launched zkMIPS 1.0, the first zero-knowledge Virtual Machine.

ZKM has partnered with GOAT Network to launch zkMIPS 1.0, the first scalable deployment version of zkVM based on the MIPS architecture, with a performance improvement of 19 times. It has been applied to GOAT Network, supporting the construction of a secure, decentralized, and sustainable BTC yield network. In the future, it will tackle the technological bottleneck of "real-time proof" to promote the implementation of ZK technology in blockchain and cross-chain applications.
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TAO Breaks Pattern With 21.65% Rise and Aims for $450 Next

TAO broke out of a bullish pennant on the 2 hour chart and gained over 21 percent in quick moves.
The price target sits near $450 after jumping past $370 with buyers holding control during the breakout.
Strong support formed above $310 before the breakout and the trend may continue if volume
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Data: Whales have accumulated over 80,000 BTC in the past 6 weeks.

Crypto Assets market observation agencies indicate that large holding Wallets have recently increased their holdings by 81,338 Bits of Bitcoin, while small Wallets have reduced their holdings by 290 coins. The actions of large holding Wallets suggest a healthy market and may signal a rise in prices.
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