BitPush Weekend Key News Review:
Bitcoin Spot ETF Net Inflow of $260 Million Yesterday, Continuous 3-Day Inflow
Yesterday's highest single-day net inflow Bitcoin spot ETF was Blackrock's IBIT, with a net inflow of $130 million, and IBIT's historical total net inflow has reached $45.553 billion.
US Senator: Stablecoin Bill GENIUS May Be Approved in Senate as Early as Next Week
According to Republican Senator Bill Hagerty and Democratic Senator Kirsten Gillibrand, who advocate for stablecoin legislation, despite recent setbacks, the US legislation regulating stablecoin issuers, the "Guiding and Establishing United States Stablecoin National Innovation Act" (GENIUS), may enter the debate and approval stage as early as next week.
Analyst: Long-Term Bitcoin Holders Begin Profit-Taking, May Predict Price Near Top
On-chain data analyst Murphy posted on social media that recently, long-term holders' (LTH) average cost suddenly rose rapidly, with a 7-day cost change rate of 9.57%. This situation occurs not only because some short-term holders' (STH) high-cost chips transform into LTH but also because some low-cost long-term chips are sold, raising the overall cost. Currently, LTH's average cost is around $31,000, indicating that chips with costs below $31,000 have been sold, causing a rapid increase in overall cost.
Murphy further explained that LTH holders, typically "diamond hands", rarely operate and usually sell based on panic or risk aversion. Since there is no panic currently, they may believe the price is near their predicted top and are gradually exiting (LTH's judgment may also be incorrect).
This Week, US Ethereum Spot ETF Cumulative Net Inflow of $41.8 Million
According to Farside monitoring data, this week's US Ethereum spot ETF cumulative net inflow is $41.8 million.
Data: Polymarket Predicts 37% Probability of Bitcoin Reaching $110,000 in May
Polymarket's website data shows a 37% market probability of Bitcoin rising to $110,000 in May, 14% probability of reaching $115,000, and only 2% probability of reaching $125,000. The current market transaction amount has exceeded $13 million.
Next Week's Macro Outlook: US Leaves Top Credit Rating Club, US Stock Rebound May End
As China and the US reached an important consensus on trade agreements earlier this week, market risk appetite began to recover, and Wall Street's main stock indices ended the week positively. The S&P 500 is expected to achieve its fifth consecutive trading day of gains, with all three major US indices rising for the week. The S&P 500 has recovered all year-to-date losses, now only about 4% below its historical high.
Trump: Will Call Putin on Monday
According to Jin Shi report, US President Trump stated he will call Russian President Putin at 10 am local time on Monday, then speak with Zelensky, followed by conversations with NATO member countries.
