BlockBeatNews

BlockBeats News, on May 13, K33 Research published an article saying that Bitcoin regained its foothold at the $100,000 mark driven by continued strong momentum. Unlike when it topped $100,000 in the past, the derivatives market is currently showing no signs of a bubble and remains cautious overall, which further supports the possibility of continued upward momentum and a new all-time high.

BlockBeats news, on May 13, traders continue to bet that The Federal Reserve (FED) will make its first rate cut in September and a second rate cut in October. (Jin10)

BlockBeats news, on May 13, the U.S. April seasonally adjusted core CPI year-on-year rate is 2.8%, expected 2.80%, previous value 2.80%. (Jin10)

BlockBeats news, on May 13, Glassnode data shows that although DOGE has pulled back from recent highs, the open interest in futures contracts is still on the rise, increasing by 63.9% over the past week (from $989 million to $1.62 billion). This divergence in trend indicates that even though price momentum has weakened, speculative positions in the market continue to increase.

According to BlockBeats news on May 13, Whale Alert monitored that a certain Address was activated after 11.1 years of silence, containing 300 BTC (worth $31,045,610), which was only worth $134,144 in 2014.

BlockBeats news, on May 13, Sentora (formerly IntoTheBlock) stated that the number of Bitcoins held by short-term holders has surged to its highest level since January of this year. This type of rapid rise usually indicates that new investors entering the market are actively accumulating, and often coincides with periods of increased market bullish sentiment.

Goldman Sachs raises its target for US stocks, expecting the S&P 500 index to reach 6500 points, with a big pump in the stock market on Monday. However, they remain cautious, concerned about the economic growth outlook, and recommend following stocks of companies with high pricing power. BiyaPay launches a multi-asset trading Wallet that supports exchanges of 30 fiat currencies and 200 Digital Money, allowing users to directly participate in the US stock market.

BlockBeats news, on May 13, Strategy founder Michael Saylor stated that so far this year, MSTR's 15.5% BTC yield is equivalent to a BTC profit of 7.2 billion dollars.

On May 13, the celebrity coin LAUNCHCOIN, issued by Clout founder Ben Pasternak, saw its price surpass 100 million USD, reaching 0.1079 USD, with a 24-hour rise of 531%. LAUNCHCOIN is a Token on a SocialFi platform based on Web3 technology, attracting fans and investors to participate and realize the financialization of personal brands. Investors should be aware of the Fluctuation and risks associated with Meme coins.

BlockBeats News: On May 13, BiyaPay analysts said that according to the monthly chart of Bitcoin, it may have entered a parabolic rallying phase. Historically, this phase has occurred at the end of every Bitcoin cycle, and in the first two cycles, the time span from the bottom to the peak of the Bitcoin price was 1064 days, and the first cycle was slightly longer at 1148 days. The current cycle will only reach 1,064 days until October 2025, and the current upward trend may still have room to rise. From a technical point of view, the price of Bitcoin rose significantly in April and May. At the same time, Bitcoin appears to be breaking out of the bullish flag pattern, with the all-time high of $109,000 as the key point. At the macro level, the trade deal and the Fed's interest rate adjustment could be positive factors. U.S. trade deals with other countries remove market uncertainty; If the Fed cuts the federal funds rate, it will increase the market

BlockBeats news, on May 13, the market expects the annual growth rate of the US CPI to decline from 2.4% to 2.2%, indicating that inflation pressure continues to ease. If the prediction comes true, it will further strengthen the market's confidence in the decline of inflation and may affect the Federal Reserve's monetary policy direction. The current focus has shifted to the Federal Reserve's response to recent tariff changes and the possibility of future interest rate cuts. Bitunix analysts suggest: if the CPI data meets expectations and shows cooling inflation, it will enhance the Federal Reserve's space for interest rate cuts, thereby benefiting encryption assets. Attention should be paid to whether tariffs become a factor suppressing interest rate cuts. BTC's short-term support level is at $102,000, and if it falls below, it may retest $98,000; the resistance level to watch is $105,000, and a breakthrough may continue the upward trend.

BlockBeats news, on May 13, Barclays expects The Federal Reserve (FED) to cut interest rates in December, previously anticipated for July. (Jin10)

BlockBeats news, on May 13, Barclays expects The Federal Reserve (FED) to cut interest rates in December, previously anticipated for July. (Jin10)

BlockBeats news, on May 13, according to CoinDesk, the Brave browser announced that its native Wallet will soon support the Cardano (ADA) Blockchain, allowing users to send, receive, and exchange ADA and Cardano native assets directly within the browser without relying on third-party extensions. This integration is part of Brave's multi-chain functionality expansion, and the Wallet already supports Ethereum and Solana.

BlockBeats news, on May 13, according to CoinDesk, Bitcoin's market capitalization has surpassed $2 trillion for the first time since January 31, with the price standing at $100,000. According to Glassnode on-chain analysis, the first-time buyer RSI index has maintained at 100 for a week, indicating strong retail investor FOMO sentiment, while the trend trader buyer RSI is only 11, with profit selling pressure gradually increasing. Analysts state that the U.S. inflation data to be released on Tuesday evening could serve as a catalyst for breaking previous highs.

BlockBeats News: On May 13, QCP issued a daily market watch that China and the United States agreed to temporarily reduce tariffs, a easing that triggered a strong rally in risk assets, and the U.S. stock market jumped 3% at the open, and the market expected a recovery in cross-border trade. Gold, a traditional safe-haven asset and protectionist hedge, fell nearly 3% on the news before paring losses. The market's return to a more traditional macro landscape – a stronger dollar, rising Treasury yields, weaker gold – drove selling pressure on cross-asset class volatility. The VIX index retreated to 18 and Bitcoin's front-end volatility compressed by more than 5 volatility points. Bitcoin and Ethereum initially fell after the tariff news and are now stable at around $103,000 and $2,400, respectively. But there are signs of rotation within the market. Bitcoin's market share has fallen below 63%, while other cryptocurrencies in particular