News

ChainCatcher reports that 10x Research released a report stating that since the CPI data was released on May 13, BITCOIN ETF holders have sold more than 1 billion US dollars, market sentiment has plunged from 87% to 45%, and bond yields have continued to rise (30-year yield increased to 5.12%). Inflation has returned to focus, and cryptocurrencies are feeling the pressure. The report points out that Bitcoin is testing the 30-day moving average, and confirmation of a break below this level would indicate deteriorating momentum. Key levels to watch: 79,125 US dollars (short-term bull-bear dividing line) and 76,922 US dollars (major support level). Ethereum has triggered a bearish signal. 10x Research states that the current pattern is “two steps forward, one step back,” but the cycle bottom has already appeared.

BlockBeats news, on May 18, according to market sources, negotiations between Samsung Electronics labor and management have officially begun. Possibly affected by this, Samsung Electronics' stock price experienced an extreme reversal, plummeting by more than 3% during a wave of panic selling in the morning session. The stock price has since rebounded into positive territory, with intraday gains at one point expanding to 2.7%.

ChainCatcher news, according to monitoring by Blockaid, its vulnerability detection system has detected that the Verus-Ethereum cross-chain bridge (verus.io) is under attack, which has currently resulted in approximately $11.58 million in losses.