Today
2025/05/20

The EU has approved the 17th round of sanctions against Russia, with more sanctions in the works.

On May 20, Jin10 reported that the EU's High Representative for Foreign Affairs and Security Policy, Borrell, stated that the EU has approved the 17th round of sanctions against Russia, targeting nearly 200 shadow fleet vessels. The new sanctions will also address hybrid threats and human rights issues. More sanctions against Russia are in the pipeline. Borrell stated, "The longer Russia prolongs the conflict, the stronger our response will be."
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Aihuishou: Q1 revenue of 4.65 billion yuan, non-GAAP operating profit of 110 million yuan.

Jin10 reported on May 20 that the Wanwu Xingsheng (Aihuishou) Group's revenue in the first quarter of 2025 reached 4.65 billion yuan, a year-on-year rise of 27.5%, with a non-GAAP operating profit of 110 million yuan, up 39.5% year-on-year. Additionally, at the GAAP level, Aihuishou achieved its first annual operating profit last year, and this quarter's operating profit and net profit reached 72.69 million yuan and 42.80 million yuan, respectively, marking a turnaround from losses year-on-year.
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UBS: Current bond yields are at a relatively high level.

The UBS Wealth Management Investment Office expects the Federal Reserve (FED) to begin cutting interest rates in September, with a total decrease potentially reaching 75 basis points for the year. Although the impact of trade policies is gradually weakening, there remains uncertainty in the market. Bond yields are high, which is beneficial for stabilizing income. It is recommended to hold high-rated and investment-grade bonds, which are expected to achieve mid-single-digit returns.
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Liang Lian Ban Yatai Group: There is no significant information that should be disclosed but has not been disclosed.

Jin10 data reported on May 20, the Yatai Group released an announcement regarding abnormal operations. After the company's self-examination, it was found that the company's current production and business activities are normal, and there have been no significant changes in the internal and external business environment; there is no significant information that should be disclosed but has not been disclosed.
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South Korean presidential candidate Lee Jae-myung promised to promote the listing of encryption currency ETFs and establish encryption-friendly policies.

Odaily News South Korean presidential candidate and leader of the Democratic Party, Lee Jae-myung, stated that if elected president, he would promote the listing of Spot crypto assets ETFs and implement more investor-friendly crypto policies. He promised to create a safer investment environment for young people in South Korea, drop transaction fees, and strengthen consumer protection. This is the first time Lee Jae-myung has proposed crypto-related policies during his campaign. (Cointelegraph)
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The NFT Pump series officially launched on TRONSCAN & TronLink

Odaily News According to official Twitter news, the NFT Pump series of collectibles has officially logged in to TRONSCAN and TronLink Wallet. Users can now view NFT Pump collectibles through the TronLink collectibles module or the Tronscan wallet interface, enjoying a smoother browsing and trading experience. Start your TRON NFT journey now!
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Xiaoma Zhixing: In the first quarter, Robotaxi revenue increased by 200% year-on-year, and the fleet size is expected to reach 1,000 units by the end of the year.

Jin10 Data, May 20 - Pony.ai released its financial report for the first quarter of 2025. The report shows that the total revenue for the first quarter was 102 million yuan, a year-on-year increase of 12%. Robotaxi business revenue reached 12.3 million yuan, a year-on-year increase of 200%, with passenger fare revenue increasing by 800% year-on-year. Pony.ai is fully promoting the mass production of Robotaxi, and by the end of 2025, the fleet size will reach 1k units.
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Succinct will launch the PROVE Token as the native asset of the ZK proof network.

Succinct, supported by Paradigm, launched the PROVE Token as the native asset of its ZKP validators network. PROVE will be used for payments, incentives, staking, and governance, strengthening the decentralized market. Succinct is currently in the testing phase and will launch Phase 2.5, preparing for the mainnet. In 2024, the Succinct Labs team secured $55 million in Series A funding, led by Paradigm.
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Kyodo News: Japan considers accepting US tariff reductions instead of exemptions.

According to a report by Jin10, citing Japan's Kyodo News, Japan is considering accepting the reduction of U.S. tariffs instead of an exemption.
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Analysts: Bitcoin rebounds without any signs of overheating, indicating a healthy bull run.

Bitcoin rebounded on May 20 without showing signs of overheating. CryptoQuant analysts believe this is a signal of a healthy bull run, and the market's buying sentiment still favors further rises, indicating that it is not the time to exit. Analysts pointed out that signs of overheating include a surge in Funding Rate and a big pump in Taker Buy Volume. Currently, no abnormal fluctuations have been observed, and the rise is relatively healthy, with further upward space.
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Dingdong Maicai launches strategic upgrade

Dingdong Maicai founder Liang Changlin announced that the company's internal reform has achieved phased results, reorganizing into 10 independent business units and restructuring core departments, while also launching new features such as the "Quality Love" section and "AI Dietary Steward." The app has recently undergone a testing of its revisions, showcasing the company's top-down innovation reform strategy.
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The total trading volume and holdings of the entire network's contracts still have a gap of 70.5% and 6% compared to the highs in January and February this year.

Odaily News According to Coinglass data, as of May 19, the total trading volume of contracts across the network was $305.47 billion; the total holdings of contracts was $142.036 billion. In comparison, on January 19 this year, the total holdings of contracts across the network peaked at $150.615 billion; on February 4 this year, the total trading volume of contracts peaked at $563.018 billion.
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Fulibao: The conversion price of Fulibao convertible bonds has been adjusted to 14.9 yuan/share.

Jin10 data reported on May 20, Fuliwang announced that the company will suspend the conversion of Fuli convertible bonds to shares from May 26, 2025, until the equity distribution registration date, and the conversion will resume on the first trading day after the registration date. Due to the implementation of the annual equity distribution for 2024, a cash dividend of 1 yuan (tax included) will be distributed for every 10 shares. The conversion price of Fuli convertible bonds will be adjusted from 15 yuan/share to 14.9 yuan/share, with the adjustment taking effect on the first trading day after the equity distribution registration date. Holders of Fuli convertible bonds who wish to enjoy the equity distribution must convert their bonds by May 23, 2025 (inclusive).
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A Whale bought 3.5 million dollars worth of Ether Spot while opening a 3x long order.

BlockBeats News, on May 20, according to lookonchain monitoring, a giant whale address deposited 7 million USDC to Hyperliquid 3 hours ago, including: using 3.5 million USDC to buy 1,371.87 ETH at a price of $2,551 each; Another 3,500,000 USDC was used to open long ETH positions with 3x leverage at $2,550.42.
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O-film Technology hit the daily limit today, with the Shenzhen Stock Connect special seat buying 233 million yuan and selling 140 million yuan.

Jin10 data reported on May 20, O-Film Technology today reached the daily limit, with a transaction amount of 4.738 billion yuan and a Turnover Rate of 11.35%. After the market, the dragon and tiger list data shows that the Shenzhen Stock Connect special seat bought 233 million yuan and sold 140 million yuan.
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Tieliu Co., Ltd.: The company's stock has seen a significant short-term rise. Please investors be aware of trading risks.

Tieliu Co., Ltd. announced that the company's production and operations are normal, with no significant adjustments. The company has no plans for major asset restructuring or similar matters, and internal order is normal. No media reports or events have been found that may affect the stock price. The company's management has not engaged in any buying or selling activities during the stock Fluctuation period.
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Khamenei: Nuclear negotiations with the United States will not be fruitful

Jin10 Data, May 20 - According to Iran's Mehr News Agency, as Iran reviews the proposal for the fifth round of US-Iran nuclear negotiations on Tuesday, Iran's Supreme Leader Khamenei expressed skepticism about reaching an agreement with the US regarding the nuclear talks. Khamenei stated, "I don't believe there will be any results from the nuclear negotiations with the US. I don't know." He also mentioned that the US should avoid making unnecessary remarks during the negotiations, and that the US's demand for Iran to stop uranium enrichment is disrespectful.
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The Federal Reserve (FED) officials send a strong signal: Difficult to see any rate cuts before September.

PANews May 20 news, including Vice Chair Jefferson, New York Fed President Williams, and Atlanta Fed President Bostic, several senior officials from The Federal Reserve (FED) have stated that the current economic outlook is still unclear, leaning towards continuing to "wait and see," and will not adjust the Intrerest Rate at least in June and July. As a result, investor expectations for a rate cut in June have fallen to less than 10%. The officials emphasized that more time is needed to assess the impact of multiple factors such as tariffs, consumption, and inflation on the economy. The Federal Reserve (FED) is currently adopting a cautious stance, maintaining stable policies in the short term.
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James Wynn take profit reduce position 2566 BTC, with a total profit of 3.18 million USD

PANews May 20 news, according to Yu Jin monitoring, trader James Wynn has taken profit and reduced position by 2566 BTC, cashing out about 260 million dollars, achieving gains of 3.18 million dollars. He currently still holds a 40x leveraged long position in BTC worth 310 million dollars, with unrealized gains of about 5.25 million dollars. Compared to the earlier 570 million dollars in holdings, it has significantly pulled back.
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Iran releases negative signals on nuclear talks, international oil prices rise accordingly.

Jin10 data reported on May 20, WTI crude oil rose short-term by 1 dollar, currently at 62.35 dollars per barrel. Brent crude oil rose short-term by nearly 1 dollar, currently at 64.91 dollars per barrel. On the news front, Iran's Supreme Leader Khamenei stated that nuclear negotiations with the United States will not be successful.
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Eurozone March seasonally adjusted current account 50.9 billion euros, previous value 34.3 billion euros.

The Ukraine talks have led to a slight fall in gold prices.

Jin10 data reported on May 20, as traders assessed the latest developments in the Ukraine peace negotiations, gold prices dipped slightly after rising more than 1% in the previous trading day. The call between Trump and Putin appears to have not yielded any significant breakthroughs, but Trump stated that Moscow and Kyiv "will begin ceasefire negotiations immediately." Meanwhile, several officials from The Federal Reserve (FED) are scheduled to speak later on Tuesday, which may clarify the outlook for the FED's policy.
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Data: A Whale spent 7 million USD on Spot and leveraged long positions in ETH on Hyperliquid.

According to ChainCatcher news and monitored by Lookonchain, about 3 hours ago, a certain Whale Address deposited 7 million USDC into Hyperliquid. Among them, 3.5 million USDC was used to buy 1371.87 ETH Spot at an average price of 2551 USD, and another 3.5 million USDC was used to open a 3x leverage ETH long order, with a build a position average price of 2550.42 USD.
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A Whale deposited 7 million USDC into Hyperliquid, positioning for ETH Spot and long order.

PANews May 20 news, according to Lookonchain monitoring, a Whale deposited 7 million USDC to the Hyperliquid platform 3 hours ago, of which 3.5 million USDC was used to purchase 1371.87 ETH Spot at an average price of 2551 USD, and the remaining 3.5 million USDC was used to open a 3x leveraged long order for ETH, with a build a position price of 2550.42 USD.
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BTC_USDT fall below 105000 USDT

Gate News bot message, according to Gate market, BTC_USDT price fell below 105000 USDT, current price 104971.8 USDT. 24-hour rise 1.66%
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CryptoQuant: The Bitcoin rebound is healthy, and the bull run trend is established.

According to a report by Jinse Finance and analyst @avocadoonchain from CryptoQuant, Bitcoin has recently achieved a rebound without showing signs of overheating, which is seen as a clear signal of a healthy bull run. The analysis indicates that market buying sentiment remains strong, favoring further price rise, suggesting that it is not yet time to consider exiting the market.
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Matrixport: This round of Bitcoin rise may continue under conditions of low retail investor participation, currently more dominated by long-term Bitcoin holders.

Golden Finance reported that Matrixport posted on the X platform stating that Bitcoin is approaching historical highs, but surprisingly, most market traders still seem unprepared. Implied volatility is close to multi-year lows, and the funding rate is only slightly positive, indicating that retail investor leverage has significantly decreased in recent months. Contrary to our earlier expectations, this round of Bitcoin rise may continue with low retail investor participation, currently more dominated by long-term Bitcoin holders.
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The ZK project Succinct announces the launch of its native Token PROVE.

According to the Gate News bot, TheBlock reported that the zk-SNARKs project Succinct announced the issuance of its native Token PROVE, which will serve as the core asset of its Ethereum-based Decentralization zk-SNARKs network. The Succinct network is currently running the second phase of its testnet and plans to enter phase 2.5 in preparation for the mainnet launch. Previously, Succinct Labs secured $55 million in Series A funding led by Paradigm in 2024.
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UNI breaks through 6 dollars

Golden Finance reports that the market shows UNI has broken through 6 dollars, currently priced at 6.01 dollars, with a 24-hour rise of 4.52%. The market is experiencing significant fluctuations, please ensure proper risk control.
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JamesWynn: The short-term fluctuation of BTC is a false breakout, but I remain bullish and predict it will rise to $118,000 next week.

Traders believe Bitcoin has formed key support at 100,000 USD, with shorting momentum weakening. He pointed out that there are reversal signals on the hourly level, and the weekly MACD is bullish, predicting Bitcoin will break through 118,000 USD. The article reminds that the views are for reference only and do not constitute investment advice.
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James Wynn: Fully increase the position for long order, Bitcoin will rise to around $118,000 by next weekend.

Well-known trader James Wynn stated that Bitcoin prices may experience fluctuations in the short term, but he believes it is a brewing stage before a big pump, expecting Bitcoin to reach around 118,000 USD by next weekend. He pointed out that the false breakouts created by market manipulators have reached their liquidation purpose, believing that the current price has bottomed out, and he advises to stay calm, implement risk management, and look forward to new highs coming.
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Whale James Wynn: BTC has a huge psychological support level at $100,000, with a large number of limit orders at $97,000-$99,000.

The price of Bitcoin has a psychological support level around $100,000, with large limit orders between $97,000 and $99,000. The market may continue to fluctuate, but major market participants may find it difficult to push prices lower. It is expected that the trading price will reach $118,000 by next weekend. Investors need to stay calm, follow risk management, and look forward to new highs.
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Bond investors want to know if the U.S. government is ready to balance its budget.

Jin10 reported on May 20 that Aberdeen's investment director Matthew Amis stated that a relevant issue facing the market is whether the U.S. government is willing to make difficult decisions and begin a challenging process of budget balancing. The market does not need credit agencies to tell the U.S. that there is a debt problem. With the easing of the trade war, tariffs will not be a significant factor for revenue increase. Furthermore, the progress of Trump's tax bill this weekend indicates that U.S. debt is heading in a certain direction, but not the direction the market desires.
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James Wynn increased the position on Bitcoin and PEPE with high leverage, realizing unrealized gains of nearly 23 million USD.

PANews, May 20th news, according to Onchain Lens monitoring, crypto trader James Wynn recently used 40x leverage to increase the position in Bitcoin long positions, and the current market capitalization of this position has exceeded $533 million. At the same time, he also holds a 10x leverage long position in PEPE, with current unrealized gains of about $22.92 million.
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CZ: Investing in Crypto Assets should involve proper Risk Management and an understanding of one's actual situation.

BlockBeats news, on May 20, CZ shared his views on social media stating, "Investing in Crypto Assets carries risks. Not investing in Crypto Assets also carries risks. Learn to manage risks: Ask yourself: What is the worst-case scenario? If it drops to zero, can you still survive? Can you maintain your lifestyle? How many failures can you endure? Do you know/understand what you are doing? If you don't understand, go read and learn."
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The Executive Director of the Ethereum Foundation revealed the foundation's DeFi participation plan and financial status.

According to the Gate News bot, as reported by ETHPanda, the newly appointed Executive Director of the Ethereum Foundation, Hsiao-Wei Wang, revealed in an interview that the foundation has begun actively laying out plans in the DeFi sector this year. The foundation is assessing the possibility of increasing its investment in Lending, while also exploring innovative applications of ETH assets, including various Staking Options, Tokenization, and RWA among other directions. Wang also pointed out that since the foundation currently has two to three hundred employees, with 75% of its expenses needing to be paid in fiat currency, the foundation still needs to maintain operations by selling cryptocurrencies.
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CZ shares Risk Management advice: confirm the worst outcome, assess the number of attempts, ensure sufficient understanding.

Odaily News CZ shared risk management recommendations in a post on the X platform. He stated that before investing, three points should be clarified: first, consider the worst-case scenario; if the assets drop to zero, can you still maintain your livelihood? Second, assess the number of attempts you can afford; third, determine whether you truly understand the decisions you are making; if not, you should first learn the relevant knowledge. CZ pointed out that rational risk management is the key to long-term survival.
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The improvement in UK-EU relations drives the pound higher against the dollar.

The recent rise of the British Pound against the US Dollar is influenced by the improvement in relations between the UK and the EU. Technical Analysis shows strength, with expectations to maintain a pump to 1.3400. However, the market remains cautious about the impact of UK CPI data and Central Bank policy expectations.
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The Bank of Japan's briefing reveals market divergences, raising concerns over the liquidity crisis in ultra-long-term government bonds.

The Bank of Japan is reducing its bond purchase scale, leading to improvements in the Japanese government bond market's function. However, there is insufficient liquidity in the ultra-long-term bond market, resulting in distortions. The market is calling for a faster reduction pace, but opinions are divided, with some proposing a two-year plan and others advocating for annual adjustments.
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Bank of Japan: The functionality of the Japanese government bond market shows an improving trend.

On May 20, Jin10 reported that the Bank of Japan released briefing materials used in a meeting with bond market participants, stating that some members expressed that due to the reduction of bond purchases by the Bank of Japan, the functionality of the Japanese government bond market is showing a trend of improvement. Some participants indicated that the liquidity of the ultra-long-term Japanese government bond market is increasingly drying up, resulting in distortions between ultra-long-term yields and yields of other maturities.
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Placeholder Partner: The GENIUS Act first brings Favourable Information to ETH, followed by SOL and TRX.

Golden Finance reports that Placeholder partner Chris Burniske stated that among all encryption assets, the GENIUS Act may be most beneficial to Ethereum (ETH), mainly due to its strong stablecoin base, sound Decentralized Finance infrastructure, and long-established institutional relationships. Analysts believe Solana (SOL) will follow closely behind, while TRON (TRX) may become an overlooked dark horse in the market.
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Viewpoint: Bitcoin is at a key resistance level, and there may be a risk of short-term adjustment.

Odaily News According to analyst @alicharts, Bitcoin is currently approaching a key resistance area and has shown several technical warning signals, including: the price forming a "hanging man" candlestick pattern near historical highs, the Relative Strength Index (RSI) showing bearish divergence, and the MACD indicator has also formed a death cross.
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Analysis: Bitcoin RSI shows bear market divergence, rise momentum weakens

BlockBeats news, on May 20, encryption analyst @alicharts released "Is Bitcoin about to Break Through Historical Highs? Key Indicator Analysis," with signals to follow including: Bitcoin price facing a critical resistance zone test; a "hanging man" bearish candlestick pattern appearing in the technical formation; indicator divergence, with RSI showing Bear Market divergence, and MACD forming a death cross, indicating a weakening of Bitcoin's pump momentum.
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Analysts: Multiple technical indicators show BTC rise momentum weakening

ChainCatcher news, analyst Ali posted a warning for investors to follow the potential risk signals in Bitcoin (BTC) current price movement. Although Bitcoin is nearing its historical high, it has reached a major resistance level, while exhibiting a hanging man candlestick pattern, bearish RSI divergence, and bearish MACD crossover among several technical indicators. These signals collectively indicate that market momentum is stagnating, and investors should maintain a cautious attitude. Analysts emphasize that risk management is particularly important in the current market environment and suggest closely following the further development of these technical indicators.
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The fall in energy prices is the main reason for the decline in Germany's PPI in April.

Jin10 reported on May 20 that the decline in energy prices is the main reason for the year-on-year decrease in Germany's producer prices in April. In contrast, the prices of non-durable goods, durable goods, capital goods, and intermediate products are higher than in the same period last year. When excluding energy prices, the producer prices in April 2025 are expected to rise 1.5% compared to April 2024 and increase by 0.4% compared to March 2025.
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