Welcome to the US Cryptocurrency Morning Briefing. We will briefly summarize today's key cryptocurrency developments.
While having coffee, let's look at how Bitcoin price movements are significant for El Salvador. This country has received international praise for cryptocurrency adoption. However, the IMF is opposing and requesting El Salvador to modify its Bitcoin policy.
El Salvador "Earns $357 Million from Bitcoin Holdings"
El Salvador's President Nayib Bukele announced that the country's unrealized gains reached $357.2 million when Bitcoin reached its daily high of $107,108.
๐คท๐ปโโ๏ธ pic.twitter.com/05izbAR202
โ Nayib Bukele (@nayibbukele) May 19, 2025
Notably, Bitcoin has retreated from its intraday high and was trading at $102,962 at the time of writing.
[The rest of the translation follows the same professional and accurate approach, maintaining the specified cryptocurrency term translations.]Today's Chart
Today's Key News
Summary of today's notable US cryptocurrency news:
- Ethereum led $205 million in cryptocurrency inflows last week. This is thanks to the Pectra upgrade and the appointment of new co-director Tomรกลก Stanฤรกk.
- Binance Alpha listed Exterio (XTER) with an airdrop. However, the token price dropped 15.8% to $0.28 despite the listing event.
- Solana earned $1.2 billion in app revenue in Q1 2025. This is a 20% increase year-on-year, with January accounting for almost 60% of total revenue.
- Ripple partnered with Zand Bank and Mamwa in Dubai. This is to implement a 24/7 blockchain-based cross-border payment solution.
- Metaplanet purchased 1,004 BTC for $104.3 million, increasing total holdings to 7,800 BTC. The BTC investment strategy raised the stock price by 12.6% to 702 yen, with last month's stock price rising 101.7%.
- Bitcoin ETF recorded weekly inflows of $637.4 million. This is the lowest in a month, occurring amid market adjustment and cautious investor sentiment.
- Pie Network's Pie Coin has no Binance listing despite 86% community support. This raises questions about credibility and compliance. The promised $100 million venture fund support is uncertain, and 100 live dApps remain incomplete, disappointing the community.
- Chaikin Money Flow and Super Trend indicators show strong buying pressure. VIRTUAL's dynamic support at $1.19 indicates an upward trend.
Cryptocurrency Stock Pre-Market Overview
| Company | Closing on May 16 | Pre-Market Overview |
| MicroStrategy (MSTR) | $399.80 | $394.50 (-1.33%) |
| Coinbase Global (COIN) | $266.46 | $259.99 (-2.43%) |
| Galaxy Digital Holdings (GLXY.TO) | $31.49 | $32.44 (+3.01%) |
| Marathon Holdings (MARA) | $16.21 | $15.81 (-2.47%) |
| Riot Platforms (RIOT) | $9.15 | $8.94 (-2.30%) |
| Core Scientific (CORZ) | $10.78 | $10.51 (-2.51%) |
