Weekly Market Report. May 16, 2025

May 16, 2025

Greetings, curious minds! Join us on a journey into the cutting-edge. This newsletter unveils the latest trends shaping our world.

Let’s explore together! 🌐🚀

🔥 Top Reads

NFT founder stole millions from Bitcoin project, investors allege

The leader of an NFT project and Bitcoin mining venture has been sued by his former business partners for allegedly failing to pay them their promised equity returns.

Is the XRP price rally over for now? 🤔

XRP has rebounded by more than 50% in a month after forming a local low at $1.80. Improving risk appetite and prospects of an “altseason” have boosted its price.

Trump’s crypto influence scrutinized as stablecoin legislation stalls in Congress 🧐

It’s hard to measure the outsized influence President Donald Trump has had on crypto. And up until recently, it appeared the president whose election victory helped push Bitcoin past $100,000 for the first time could do no wrong.

📈 Market Data

🚨 Important News This Week

AI scammers are now impersonating US government bigwigs, says FBI
OpenAI Launches New AI Coding Agent
House GOP Move to Block State AI Laws Sounds Cyber Alarms

Tech

Curve Finance warns its DNS has been hijacked again
Nvidia to Set Up Research Center in Shanghai, Maintaining Foothold in China
MIT Says It No Longer Stands Behind Student’s AI Research Paper

Business

Galaxy Digital lists on Nasdaq, seeks to tokenize shares — Reports
Basel Medical shares down 15% on $1B Bitcoin buying plans
China-linked consumer brand DayDayCook plans to acquire 5,000 Bitcoin

Crypto

Bahrain-based AlAbraaj Restaurants adopts Bitcoin treasury strategy
Coinbase fires compromised agents in India — Report
FTX estate to start distributing more than $5B on May 30

🚨 Notable Companies Secure Impressive Investments

Gata raises $4M in a Seed funding round
Blockchain Capital invests $20M in Kaia
Sonic Labs raises $10M via S token sale to Galaxy
Perpl raises $9.25M in a funding round
XSY raises $5M in a Pre-Series A funding round

🔥 Top 5 Blockchain & Crypto News of the Week

🚀 From market crashes to institutional power moves, here are the top headlines shaping the crypto world right now.

1️⃣ Tariff Truce: China & U.S. Slash Duties Temporarily

China cuts tariffs on American goods from 125% → 10% for 90 days.
U.S. slashes tariffs on Chinese goods from 145% → 30% for the same period.

🔗 Read more: https://t.me/constantinkogan/1339

2️⃣ Fed Holds Rates — Market Cheers Anyway

Despite no rate cuts, markets rallied.
Growing belief: recession could force the Fed to resume QE (“money printing”).
Lower rates and increased liquidity historically favor crypto inflows.
Community expects a Fed pivot soon — potentially bullish for BTC.
Additional tailwinds: easing geopolitics and rising global M2.

🔗 Read more: https://t.me/constantinkogan/1340

3️⃣ Coinbase Joins S&P 500

$COIN becomes the first crypto exchange stock included in a major U.S. index.
Seen as a major win for mainstream crypto adoption.

🔗 Read more: https://t.me/constantinkogan/1344

4️⃣ Solana Flashes Golden Cross Again

Historically followed by multi-month bull runs.
Current MVRV: 1.3 (not overbought — room to grow).
Fundamentals align with technicals — sustained rally likely if macro holds.

🔗 Read more: https://t.me/constantinkogan/1350

5️⃣ Abraxas Capital Goes All-In on ETH

UK fund buys 242,652 ETH (~$561M) in one week.
Uses leveraged USDT borrowing — showing high conviction.
Likely front-running ETH ETF approval or upgrade speculation.
Signals shift toward risk-on behavior despite macro uncertainty.

🔗 Read more: https://t.me/constantinkogan/1345

💡 Want more in-depth analysis? Stay ahead of the curve—subscribe for the latest blockchain, DeFi, and Web3 news here! 🚀

📊 Institutional money watches their data before it moves with Joshua Frank

🤣 Meme of the Week

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