The gap between Wall Street's highest and lowest year-end price targets for the S&P 500 is the widest this century.

OVERVIEW OF TVL ACROSS MULTIPLE BLOCKCHAINS

Ethereum's on-chain assets have surpassed $200 billion.

$ETH dominates in Crypto capital, with over $203.688 billion locked in stablecoins, DeFi tokens, memecoins, NFTs, Treasury bills, and real-world assets—even exceeding its own market capitalization.

Miners Remain Resilient

Despite the recent price drop, miner sentiment continues to rise—a clear sign they maintain strong conviction in Bitcoin’s long-term potential.

The current sell-off appears more like a reaction to economic pressures (such as trading tariffs) rather than panic selling or market capitulation.

❗️Manta Network co-founder nearly fell victim to a Lazarus attack:

▪️Lee wrote that a familiar contact reached out to him on Telegram and suggested a Zoom call.

▪️ During the call, the participants had their cameras on, showing real faces of supposed team members — everything looked convincing.

▪️ There was no sound. Then a message appeared, claiming a Zoom update was required and asking him to download a file.

▪️ Lee became suspicious, refused to download the file, ended the call, and asked to confirm identity via a Telegram voice call.

▪️ After that request, the hackers deleted the chat and blocked him.

Lee believes the North Korean hacker group Lazarus was behind the attack.

Top IDO Performers from Binance Wallet Campaigns

Since January 2024, IDOs supported by Binance Wallet have delivered solid returns.

The S&P 500 is preparing to test the 200-week moving average. This level has served as support for the past 15 years, with only one exception—a wick down during the COVID panic.

As of Q1 2025, over 13,000 institutions and 814,000 retail accounts hold $MSTR directly. An estimated 55 million beneficiaries have indirect exposure through ETFs, mutual funds, and pension and insurance portfolios.

BlackRock Bitcoin ETF ($IBIT) net inflow: +477 BTC ($42.1М)
Trading volume: $2.8B

Currently, 72 cryptocurrency-related ETFs are pending approval with the U.S. Securities and Exchange Commission (SEC) for listing or options trading. The proposals cover everything from XRP, Litecoin, and Solana to Penguins, Doge, 2x Melania, and everything in between. This is going to be a wild year.

Bitcoin outperforms S&P 500 by the end of 2025

Nvidia has an unofficial “ban” on cryptocurrency: startups related to crypto are not allowed to participate in their NVIDIA Inception Program.

The program supports early-stage companies working in areas like artificial intelligence, machine learning, cloud technologies, and other cutting-edge fields — but excludes cryptocurrency projects.

The supply of USDT on the TRON network has surpassed the 70 billion mark.

Holders with 1-10 USDT control 12.63% of the total supply, while the 501+ group dominates with a staggering 71.35%.

$MSTR purchased 15,355 BTC for ~$1.42billion at ~$92,737 per Bitcoin, achieving a 13.7% BTC return since the beginning of 2025. As of April 27, 2025, we hold 553,555 BTC acquired for ~$37.90 billion at anaverage price of ~$68,459 per Bitcoin.

Arizona Passes Bill to Establish Bitcoin Reserve

Lawmakers in the state of Arizona have approved a bill that allows the state treasury and pension system to invest up to 10% of available funds in digital assets, including Bitcoin, according to reports from Bloomberg and other outlets. The bill now heads to Governor Katie Hobbs for signature — the final step before it becomes law.

The bill, titled the Arizona Strategic Bitcoin Reserve Act, would make Arizona the first U.S. state to mandate the allocation of a portion of public funds into Bitcoin, if signed into law.

The initiative was authored by Republican Senator Wendy Rogers and Representative Jeff Weninger. The bill's explanatory note emphasizes that the legislation reflects the “growing recognition of digital assets in public financial management.”

Similar proposals are being considered in Iowa, Missouri, and Texas. At the federal level, President Donald Trump signed an executive order in March to establish a strategic reserve of confiscated bitcoins. However, the current version of the order does not authorize new purchases of cryptocurrency.

🟣 Weekly Token Unlocks: May 5–11, 2025

This week, over $81.9M in insider distributions is scheduled to be unlocked.

Notable unlocks by size and % of total supply:

- $ENA – $55.79M (3.1%)
- $SPEC – $15.42M (42.5%)
- $NEON – $3.33M (10.8%)
- $GGP – $2.41M (9.8%)
- $AGI – $2.35M (2.1%)
- $MAVIA – $1.41M (10.8%)

🔍 These unlocks primarily reflect distributions to founders and private investors, who often serve as leading indicators of supply dynamics and early
liquidity movements.

ASSET CLASS PERFORMANCE since the so-called "Liberation Day"

Only 58 crypto wallets earned millions in profits from the TRUMP meme token, while over 764,000 investors ended up at a loss, according to analyst data.