火讯财经

Article source: PA Frontline

PANews reported on May 17, according to Caixin, that many individuals engaged in U.S. stock trading have recently received reminders from local tax authorities, requesting them to self-examine whether they have overseas income and to voluntarily declare and pay taxes. Most of the clients being asked to declare have assets exceeding one million dollars. The local tax authorities' actions to recover taxes on overseas income have been ongoing for a year, primarily focusing on income from overseas investments, such as interest and dividends. Most of the recoveries mentioned are for income earned from 2022 to 2024, and there have not yet been cases where the recovery period exceeds five years.

Article reprinted from: Felix

Author: Dappradar

Compiled by: Felix, PANews (This article has been edited)

In April, the development of blockchain games showed mixed results. User activity declined, funding slowed, and market attention shifted toward AI and real-world assets. However, beneath the surface, real progress is happening: new infrastructure is coming online, major publishers are increasing investments, and high-quality games are also nearing release.

This report will explore the current trends shaping the development of blockchain gaming, the quietly achieved results, the evolving narratives, and what all this means for the future.

Article reprinted from: Xiao Za lawyer

Recently, the team has continuously received a large number of RWA project inquiries, with underlying assets being quite diverse, including agricultural products, real estate, precious metals, and even some projects that sound quite fantastical...

In fact, the team has previously made it clear that under the premise that China's announcements on 9.4 and 9.24 remain effective, except for RWA projects issued under strict review through the Hong Kong Ensemble sandbox, which possess a certain 'criminal risk resistance capability', other types of RWA are very dangerous (especially RWA projects issued to mainland residents).

Article reprint source: Weekly Selection

PANews Editor's Note: PANews has selected a week's worth of quality content to help everyone use the weekend to fill in the gaps. Click the title to read.

Meme Launch Platform Battle

Pump.fun's dominance is challenged by new platforms, the MEME coin Glonk traffic battle is ignited, and the founders step in to support.

On May 14, the MEME market witnessed a striking showdown, with the MEME coin named Glonk launching simultaneously on the two major Launchpad platforms Pump.fun and Letsbonk.fun, with the founders of both platforms personally rallying support. This battle for traffic not only quickly ignited market enthusiasm but also revealed the increasingly fierce competition among MEME issuance platforms.

Article Reprint Source: Biteye

Author: Biteye Core Contributor Viee

From Launchpool mining to Megadrop, HODLer airdrops, and the highly anticipated Alpha points system under the Web3 wallet TGE events and Alpha airdrops, Binance's earning effects continue to iterate, providing opportunities for users with different risk preferences and capital sizes.

However, faced with the endless stream of new activities, most retail investors often feel dazzled and do not know where to start. This article aims to deeply sort out the current mainstream four types of earning activities on Binance - Binance Wallet Alpha Airdrop/TGE, Launchpool, HODLer Airdrop, and Megadrop, detailing the core rules, participation processes, and the latest yield situations of each activity. More importantly, this article will summarize the specific earning paths and techniques under the two core strategies of 'steadily holding BNB' and 'actively earning Alpha points' at the end, helping everyone efficiently mine wealth within the Binance ecosystem and maximize returns.

Article source: BlockBeats

Author: Kaori

Binance Alpha has already formed a value consensus among project parties, profit-seekers, and retail investors across multiple layers. Project parties 'supply' to Alpha, profit-seekers conduct KYC in bulk to embark on a new round of profit-seeking endeavors, while retail investors navigate through points restrictions, lucky tail numbers, and trading wear and tear to profit.

From the very beginning, launching on Alpha has been the best exit window for meme tokens. From the earliest rounds of 'violent money distribution' in Alpha 2.0 to the introduction of the points system to filter users and token issuers queuing to launch on Alpha, Binance has gradually regained flow and pricing power in the on-chain market. Behind all this is Binance's ambition to reorganize the ecosystem through liquidity voice after being outpaced by OKX on the product side.

Article reprinted from: Deep Tide TechFlow

I have a bold theory: all Chinese exchanges are essentially a 'digital version of the Forbidden City.' The exchange owners can treat it as 'emperors,' and all the drama in exchanges can be understood as 'court politics.'

Some emperors, like Jiajing, devoted themselves to Daoism, mastering imperial political tactics, allowing two factions among his subordinates to mutually check each other, turning a blind eye to internal corruption, and willing to share some power, leading to a situation where one person's success benefits all.

Some emperors emphasize absolute loyalty, are decisive in their actions, and do not tolerate anyone bargaining. Once someone tries to seek more benefits and challenge authority, they are all swept out.

Article reprinted from: Tim

Author: cyclop

Translated by: Tim, PANews

These are the clearest bull market signals I have seen in my seven years in the crypto market:

BTC nearing historical highs

Retail interest is near historical lows

ETH/BTC exchange rate breaks a three-year downtrend

The altcoin index rebounds from the low range

Each of these factors has previously triggered altcoin seasons. Now they are all gathering, creating resonance.

Is this really the beginning of the next altcoin season?

I can’t believe I’m saying this, but I genuinely believe we are finally going to see a surge in altcoins.

In this lengthy thematic post, I will analyze in detail:

Article reprint source: Tiger Research

Authors: Ryan Yoon, Elsa

Key Points Summary

From liquidity export to industrial ecosystem: In the first quarter of 2025, the South Korean Web3 market will reach a turning point. This market, once viewed as a 'liquidity export' for global projects, is transforming into a structured self-sustaining industrial ecosystem.

The impact of relaxed regulations on corporate accounts: As part of the Financial Services Commission's roadmap, institutional entities are gradually being permitted to engage in cryptocurrency trading through corporate accounts.

Ecological construction led by global projects: Projects such as Avalanche, TON, Ripple, and Solana are actively establishing a long-term foundation in South Korea. Their activities have extended beyond marketing to focus on developer community building and hosting hackathons.

Article sourced from: MarsBit

JPMorgan analyzes the performance of leading cryptocurrencies in April

Bitcoin outperformed gold in the past year

Bitcoin's prospects continue to improve

This marks a stark turnaround from the months when Bitcoin lingered around $80,000. JPMorgan's research found that Bitcoin's price continued to strengthen in April, with May's gains being even more pronounced.

In the weeks prior, the market faced a heavy blow—President Trump announced a comprehensive tariff increase, triggering panic over a global trade war, leading to widespread pressure on international markets.

In a report on May 14, JPMorgan pointed out that although Trump touted support for cryptocurrency policies, he neither promoted a rise in crypto prices nor achieved regulatory reforms during his first hundred days in office.

Article reprinted from: Foresight News

Author: 1912212.eth, Foresight News

On May 15, the cryptocurrency data platform CoinMarketCap (CMC) launched its new feature - CMC Launch. Its first project is Aster (AST). As a data platform, this is a significant move in recent times, so what does it mean and what are the considerations behind it? What highlights does Aster have to become the first project to launch?

CoinMarketCap's newly launched Launch is similar to the task platform Galxe Galaxy, screening some quality projects to provide them with a display platform. Users can directly click the link on the CMC official website to participate in task activities (such as following Twitter accounts, trading interactions, etc.) to earn points and subsequently receive guaranteed airdrops from the projects.

Article Source: Nancy

Author: Nancy, PANews

As Bitcoin prices return to the $100,000 high and MSTR's stock price continues to rise, the market's divergence regarding the valuation of Strategy (formerly MicroStrategy) is accelerating. On one hand, several large global institutions are quietly increasing their holdings of MSTR stocks, viewing it as an important financial tool for indirect exposure to Bitcoin; on the other hand, its highly volatile and deeply leveraged asset structure has also attracted the attention of Wall Street shorts. As Strategy continues to increase its Bitcoin exposure, it is evolving into a barometer for Bitcoin price trends and the focus of capital leverage battles.

Article reprinted from: Felix

Compiled by: Felix, PANews

On May 15, the emergence of two pieces of negative news about Coinbase led to a ' Waterloo' for Coinbase's stock price.

One is that Coinbase disclosed a cyber attack incident involving the theft of internal data and customer information, with potential financial impacts ranging from $180 million to $400 million.

Moreover, sources claim that the U.S. SEC is still investigating whether Coinbase misreported user data before its IPO in 2021.

Under the influence of two negative news items, Coinbase's stock price fell 7.2% during the day.

Customer service leaked user data and demanded a ransom of $20 million.

Article source: BlockBeats

After two years of waiting, the Web3 version of 'MapleStory' officially launched yesterday. This is the most significant blockchain game ever, and 'Have you entered the island?' became one of the hottest topics yesterday. After the official launch at 6 PM last night, the server was immediately full, and some players seemed to encounter issues with not receiving verification codes during new user registration due to the influx of many new players.

The game currency $NXPC launched simultaneously on exchanges such as Binance, Bybit, Bitget, Upbit, and Bithumb during the TGE, with the current price at $2.87 and a circulating market cap of $483 million.

Article reprint source: Hardcore Jun

In the past few days, the $AXR launch of Virtuals Genesis Launches has been a hundred times, and the Believe platform token $lauchcoin has also surged a hundred times in three days, officially starting the printing machine summer. With so many platforms and such complex models, let's break down the advantages and disadvantages one by one for quick onboarding:

1. Believe Trench

As a popular launch platform, what people are spreading is that the platform token $launchcoin surged a hundred times in three days, but it should be seen more deeply as its vision of expanding from consumer-grade applications to consumer-grade cryptocurrencies, with big dogs that emerged in the first few days being projects that developed products in web2 and introduced them to web3.

Article source: Project Dynamics

The globally leading AI financial analysis platform Edgen, supported by top institutions such as Framework Ventures, North Island Ventures, Portal Ventures, Hivemind Capital Partners, and Moonrock Capital, announces the end of its closed testing and officially opens to global users. As the first native AI-driven 'Financial Cognitive Operating System,' Edgen provides retail investors, traders, and analysts with institutional-level market insights through its original intelligent decision-making model (EDGM, Efficient Decision Guidance Model), helping users gain a cognitive advantage in the information-saturated crypto market.

Article reprinted from: Trading Moment

1. Market Observation

Keywords: NXPC, ETH, BTC

For the week ending May 10, the number of initial jobless claims remained at 229,000, in line with market expectations. Additionally, the April Producer Price Index (PPI) unexpectedly declined, and retail sales showed stagnant performance. Following these data releases, market expectations for two interest rate cuts by the Federal Reserve before the end of 2025 have warmed, the dollar index slightly fell, and U.S. stock futures rose briefly. Andrew Tyler, head of JPMorgan's market department, stated that the core elements of the bull market still exist, including resilient macro data, improving corporate earnings, and easing trade conditions. He believes that despite increasing risks of a pullback, the S&P 500 index could reach an all-time high of 6144 this quarter. Regarding the 10-year U.S. Treasury yield breaking 4.5%, Tyler considers this not entirely negative and points out that the stock market typically needs 1-2 months to absorb high yields. JPMorgan has raised its forecast for the 10-year U.S. Treasury yield at the end of 2025 from 4% to 4.35%, primarily based on higher real GDP growth expectations and lower inflation expectations. Additionally, Federal Reserve Chairman Powell mentioned in the latest meeting that the Fed is adjusting its monetary policy framework to respond to significant changes in the post-pandemic inflation and interest rate environment. He noted that the previously established policy framework is no longer applicable to the current environment and warned that more frequent and prolonged supply shocks may lie ahead, posing serious challenges to the economy and the central bank.

Source of article reproduction: Weilin

Author: Weilin, PANews

"Having connections makes things easier" is particularly applicable to the Trump family's crypto project.

Recently, World Liberty Financial Inc. (WLFI) announced plans to launch the stablecoin USD1, which can be exchanged 1:1 for U.S. dollars. According to market observations, the mainnet soft launch of USD1 actually occurred around April 12, when the first USD1 liquidity pools were deployed on Uniswap V3 and PancakeSwap V3. According to incomplete statistics, USD1 has quickly expanded and integrated with over 10 protocols or applications.

As World Liberty Financial is a DeFi project of U.S. President Donald Trump's family, the launch of the USD1 stablecoin has attracted widespread market attention, especially regarding its subsequent deployment on Ethereum, BNB Chain, and Tron. While Ethereum relies more on strong partnerships, BNB Chain and Tron may be driven more by commercial interests. For instance, Binance's acquisition of a $2 billion investment from MGX was also completed through USD1 payments, significantly increasing the market value of this stablecoin by $2 billion. Justin Sun is the largest individual investor in WLFI, with an investment amount of $75 million.

Article reproduced from: Mankun Blockchain

Currently, RWA is indeed on fire.

From the Hong Kong Web3 carnival in early April to the recent Web3 lawyer circles, everyone's been talking about RWA. It's not without reason, as RWA is a relatively reliable and secure method for 'issuing tokens.'

A few days ago, Mankun talked about the newly emerged RWA projects in China, such as (Mankun Research | Decoding China's Unique RWA: Practical Characteristics, Risk Analysis, and Optimization Paths), and shared current RWA gameplay, such as (Mankun Lawyer | The Fragmented Web3 World, at Least Three Types of RWA).

Article source: PA Recommended Read

Source: FreeBuf

Since 2022, a Telegram trading platform called 'Xinbi Guarantee' has facilitated transactions amounting to no less than $8.4 billion, becoming the second-largest black market platform exposed after HuiOne Guarantee. Blockchain analysis firm Elliptic reports that merchants on the platform openly sell technical tools, personal data, and money laundering services.

"Tether (USDT) is the primary payment method, and the market has processed $8.4 billion in transactions to date," the report noted, "some of the funds trace back to the money stolen by North Korean hackers."