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On May 12, news emerged that the UK-listed company The Smarter Web Company announced an additional purchase of 25 bitcoins as part of its 'Decade Plan'. The company's total bitcoin holdings have now reached 2,830.

[The Smarter Web Company Increases Bitcoin Holdings by 25, Total Holdings Reach 2,830]On May 12, news emerged that the UK-listed company The Smarter Web Company announced an additional purchase of 25 bitcoins as part of its 'Decade Plan'. The company's total bitcoin holdings have now reached 2,830.

The Smarter Web Company Increases Bitcoin Holdings by 25, Total Holdings Reach 2,830

On May 12, Kim Yong-beom, the head of the presidential policy office, stated that the government should utilize taxes collected from AI profits to pay 'dividends' to citizens. Following this announcement, South Korea's Kospi index plunged by 5.1% at one point, but the decline moderated after Kim clarified that he intended to use 'excess tax revenue' generated from AI prosperity, rather than impose a new windfall tax on corporate profits. Shares of Samsung and SK Hynix initially fell but later recovered most of their losses. Jung In Yun, CEO of Fibonacci Global Asset Management, commented that Kim's remarks 'indicate that the South Korean government increasingly views AI as a national infrastructure, rather than just another technological trend. This is positive for South Korea's AI supply, particularly for companies related to semiconductors, power equipment, and domestic AI platforms.'

[South Korean Presidential Policy Chief Proposes AI Tax to Distribute Funds to Citizens, Causing Temporary Stock Market Drop]On May 12, Kim Yong-beom, the head of the presidential policy office, stated that the government should utilize taxes collected from AI profits to pay 'dividends' to citizens. Following this announcement, South Korea's Kospi index plunged by 5.1% at one point, but the decline moderated after Kim clarified that he intended to use 'excess tax revenue' generated from AI prosperity, rather than impose a new windfall tax on corporate profits. Shares of Samsung and SK Hynix initially fell but later recovered most of their losses. Jung In Yun, CEO of Fibonacci Global Asset Management, commented that Kim's remarks 'indicate that the South Korean government increasingly views AI as a national infrastructure, rather than just another technological trend. This is positive for South Korea's AI supply, particularly for companies related to semiconductors, power equipment, and domestic AI platforms.'

South Korean Presidential Policy Chief Proposes AI Tax to Distribute Funds to Citizens, Causing Temporary Stock Market Drop

On May 12, it was reported that the USD/JPY exchange rate experienced a short-term drop of nearly 100 points, reaching a low of 156.75, with the latest quote at 157.06. (Jin Shi)

[USD/JPY Drops Nearly 100 Points in Short-Term]On May 12, it was reported that the USD/JPY exchange rate experienced a short-term drop of nearly 100 points, reaching a low of 156.75, with the latest quote at 157.06. (Jin Shi)

USD/JPY Drops Nearly 100 Points in Short-Term

On May 12, the U.S. Navy's Sixth Fleet announced that an Ohio-class nuclear submarine arrived at Gibraltar, located at the western end of the Mediterranean Sea, on May 10 for a visit. The statement emphasized that the visit aims to "demonstrate America's capabilities, flexibility, and ongoing commitment to NATO allies." It also specifically mentioned that the Ohio-class submarine "is an undetectable platform for launching submarine-launched ballistic missiles, with the highest survivability among the U.S. triad nuclear forces." (Xinhua News Agency)

[US Nuclear Submarine Arrives at Gibraltar in the Mediterranean]On May 12, the U.S. Navy's Sixth Fleet announced that an Ohio-class nuclear submarine arrived at Gibraltar, located at the western end of the Mediterranean Sea, on May 10 for a visit. The statement emphasized that the visit aims to "demonstrate America's capabilities, flexibility, and ongoing commitment to NATO allies." It also specifically mentioned that the Ohio-class submarine "is an undetectable platform for launching submarine-launched ballistic missiles, with the highest survivability among the U.S. triad nuclear forces." (Xinhua News Agency)

US Nuclear Submarine Arrives at Gibraltar in the Mediterranean

On May 12, GoPlus Security tweeted that two more attack incidents occurred within the past 36 hours, resulting in a total loss of $238,000. Among them, Unihax0r suffered a loss of $200,000, having previously uploaded trading bot and Telegram-related materials. The stolen address of Eli5DeFi is linked to a previous large-scale mysterious private key leak involving 574 addresses.

[Two Hacking Incidents in 36 Hours Resulting in Total Loss of Approximately $238,000]On May 12, GoPlus Security tweeted that two more attack incidents occurred within the past 36 hours, resulting in a total loss of $238,000. Among them, Unihax0r suffered a loss of $200,000, having previously uploaded trading bot and Telegram-related materials. The stolen address of Eli5DeFi is linked to a previous large-scale mysterious private key leak involving 574 addresses.

Two Hacking Incidents in 36 Hours Resulting in Total Loss of Approximately $238,000

Bitcoin Fear and Greed Index is 49. Neutral.
Current Price: $81227.29.

[Bitcoin Fear and Greed Index is 49]Bitcoin Fear and Greed Index is 49. Neutral.
Current Price: $81227.29.

Bitcoin Fear and Greed Index is 49

On May 12, GoPlus Security tweeted that two more attack incidents occurred within the past 36 hours, resulting in a total loss of $238,000. Among these, Unihax0r suffered a loss of $200,000, having previously uploaded materials related to trading bots and Telegram. The stolen address of Eli5DeFi is linked to a previous large-scale mysterious private key leak involving 574 addresses.

[Two Hacker Incidents in 36 Hours Resulting in Total Loss of Approximately $238,000]On May 12, GoPlus Security tweeted that two more attack incidents occurred within the past 36 hours, resulting in a total loss of $238,000. Among these, Unihax0r suffered a loss of $200,000, having previously uploaded materials related to trading bots and Telegram. The stolen address of Eli5DeFi is linked to a previous large-scale mysterious private key leak involving 574 addresses.

Two Hacker Incidents in 36 Hours Resulting in Total Loss of Approximately $238,000

On May 12, it was reported that the market value of semiconductor stocks now accounts for a record 23% of the total market value of the S&P 500, which is double the percentage from two years ago.

[Semiconductor Stocks Reach Record 23% of S&P 500 Market Value]On May 12, it was reported that the market value of semiconductor stocks now accounts for a record 23% of the total market value of the S&P 500, which is double the percentage from two years ago.

Semiconductor Stocks Reach Record 23% of S&P 500 Market Value

On May 12, according to monitoring by Onchain Lens, a BIT-related address sold its last 99,612 HYPE. Recently, they have sold a total of 403,290 HYPE at an average price of $41.86.

[BIT-Related Address Sells Final 99,612 HYPE]On May 12, according to monitoring by Onchain Lens, a BIT-related address sold its last 99,612 HYPE. Recently, they have sold a total of 403,290 HYPE at an average price of $41.86.

BIT-Related Address Sells Final 99,612 HYPE

According to Bloomberg, bitcoin is regaining its dominance of the cryptocurrency universe. It now accounts for 44% of total crypto market value, the most since October, just before the latest bull market peaked, based on data from CoinGecko. The largest cryptocurrecy was down about 1.5% on Friday, making it a relative safe haven compared with altcoins like Avalanche, which tumbled as much as 11%. Bitcoin has also been outperforming second-largest token Ether. “Typically, when there’s a correction in crypto markets, altcoins underperform Bitcoin, as they are perceived as higher risk coins than Bitcoin,” said Julio Moreno, a senior analyst at CryptoQuant. Even with its recent outperformance, Bitcoin still faces a host of challenges, including monetary tightening by central banks around the world. And while Friday’s decline was small compared to other digital coins, it came against the backdrop of global equities advancing. In the past few months, Bitcoin has tended to move in tandem with stocks. In addition, large Bitcoin holders——known in industry parlance as whales——are moving their tokens to exchanges, suggesting they may be getting ready to sell, according to Moreno. The share of exchange inflows from whales to total inflows is at the highest since August 2019, he said. “In the past, when whales were moving their coins to exchanges at this pace a price correction happened, and in the current macro context this cannot be ruled out,” he said.

Detail

【Bitcoin regains its dominance of the cryptocurrency universe】According to Bloomberg, bitcoin is regaining its dominance of the cryptocurrency universe. It now accounts for 44% of total crypto market value, the most since October, just before the latest bull market peaked, based on data from CoinGecko. The largest cryptocurrecy was down about 1.5% on Friday, making it a relative safe haven compared with altcoins like Avalanche, which tumbled as much as 11%. Bitcoin has also been outperforming second-largest token Ether. “Typically, when there’s a correction in crypto markets, altcoins underperform Bitcoin, as they are perceived as higher risk coins than Bitcoin,” said Julio Moreno, a senior analyst at CryptoQuant. Even with its recent outperformance, Bitcoin still faces a host of challenges, including monetary tightening by central banks around the world. And while Friday’s decline was small compared to other digital coins, it came against the backdrop of global equities advancing. In the past few months, Bitcoin has tended to move in tandem with stocks. In addition, large Bitcoin holders——known in industry parlance as whales——are moving their tokens to exchanges, suggesting they may be getting ready to sell, according to Moreno. The share of exchange inflows from whales to total inflows is at the highest since August 2019, he said. “In the past, when whales were moving their coins to exchanges at this pace a price correction happened, and in the current macro context this cannot be ruled out,” he said.

Bitcoin regains its dominance of the cryptocurrency universe

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OSMO Current Price at $0.0886, 24-Hour Increase of 68.32%

Bitcoin regains its dominance of the cryptocurrency universe

Disclaimer：The content above does not represent HTX's positions.，HTX does not provide any trading recommendations.。

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