7*24

Hot topic

Market

Activities

On May 14, the US stock market continued its upward trend, with the Nasdaq index rising by 1%, the S&P 500 index increasing by 0.83%, and the Dow Jones Industrial Average up by 0.8%.

[US Stock Market Continues Upward Trend, Nasdaq Index Rises 1%]On May 14, the US stock market continued its upward trend, with the Nasdaq index rising by 1%, the S&P 500 index increasing by 0.83%, and the Dow Jones Industrial Average up by 0.8%.

US Stock Market Continues Upward Trend, Nasdaq Index Rises 1%

On May 14, foreign media reported, citing informed sources, that Vitol Energy Group is supplying Basrah crude oil from Iraq to customers, indicating that some shipments may have successfully departed from the Persian Gulf. Sources stated that Vitol has provided supplies to refiners in recent days, including Basrah medium sour crude and Basrah heavy crude, delivered through ship-to-ship transfers in waters near Fujairah (UAE port). If the transaction is completed, it would be a rare case of Iraqi crude oil being publicly offered by traders in the spot market since the blockade of the Strait of Hormuz.

[Vitol Supplies Iraqi Crude Oil Outside the Strait of Hormuz]On May 14, foreign media reported, citing informed sources, that Vitol Energy Group is supplying Basrah crude oil from Iraq to customers, indicating that some shipments may have successfully departed from the Persian Gulf. Sources stated that Vitol has provided supplies to refiners in recent days, including Basrah medium sour crude and Basrah heavy crude, delivered through ship-to-ship transfers in waters near Fujairah (UAE port). If the transaction is completed, it would be a rare case of Iraqi crude oil being publicly offered by traders in the spot market since the blockade of the Strait of Hormuz.

Vitol Supplies Iraqi Crude Oil Outside the Strait of Hormuz

On May 14, Cynthia Lummis, the U.S. Senator and proponent of the Bitcoin Strategic Reserve Act, stated during the Senate Banking Committee's review of the CLARITY Act that the legislation significantly strengthens the Treasury's special anti-money laundering authority to swiftly combat foreign money laundering activities. It mandates research on mixers and requires annual reports on foreign jurisdictions' compliance with U.S. anti-money laundering standards and developments in offshore stablecoins. The bill also establishes a federal regulatory baseline for cryptocurrency ATMs, mandating digital asset risk education materials, insider resale restrictions to prevent 'pump and dump' schemes, and stipulating timely disclosures related to broker bankruptcy disclosure rules. Tokenized securities remain under the SEC's jurisdiction, while the CFTC has enforcement authority over unfair or deceptive practices. Additionally, the bill applies the Bank Secrecy Act to digital asset brokers, dealers, and trading platforms, implementing temporary freezes on suspicious activities. This is a bill that supports both law enforcement and consumers. Consumers can transfer money to each other faster and cheaper, enjoying a fair competitive environment whether they live in Rwanda or Queens, New York. More importantly, Bitcoin can be 'remembered'—meaning a woman trying to escape an abusive marriage can leave with her own money; someone tortured abroad can keep their assets in their mind to escape the country. This innovation provides guarantees for personal freedom and savings: faster, cheaper, and safer. At the end of her speech, Cynthia Lummis thanked everyone present for their efforts and made a firm commitment to collaborate with all parties to resolve the remaining minor details before the bill is submitted for a parliamentary vote. She emphasized that mutual trust is key to advancing this process, as working together can create a result that everyone can be proud of, as well as one that makes the American people proud. According to PolyBeats monitoring, the probability of the CLARITY Act being signed into law in 2026 on the prediction market Polymarket is 66%.

[Senator Lummis: The CLARITY Act Supports Law Enforcement and Consumers, Will Collaborate with Other Senators to Advance Legislation]On May 14, Cynthia Lummis, the U.S. Senator and proponent of the Bitcoin Strategic Reserve Act, stated during the Senate Banking Committee's review of the CLARITY Act that the legislation significantly strengthens the Treasury's special anti-money laundering authority to swiftly combat foreign money laundering activities. It mandates research on mixers and requires annual reports on foreign jurisdictions' compliance with U.S. anti-money laundering standards and developments in offshore stablecoins. The bill also establishes a federal regulatory baseline for cryptocurrency ATMs, mandating digital asset risk education materials, insider resale restrictions to prevent 'pump and dump' schemes, and stipulating timely disclosures related to broker bankruptcy disclosure rules. Tokenized securities remain under the SEC's jurisdiction, while the CFTC has enforcement authority over unfair or deceptive practices. Additionally, the bill applies the Bank Secrecy Act to digital asset brokers, dealers, and trading platforms, implementing temporary freezes on suspicious activities. This is a bill that supports both law enforcement and consumers. Consumers can transfer money to each other faster and cheaper, enjoying a fair competitive environment whether they live in Rwanda or Queens, New York. More importantly, Bitcoin can be 'remembered'—meaning a woman trying to escape an abusive marriage can leave with her own money; someone tortured abroad can keep their assets in their mind to escape the country. This innovation provides guarantees for personal freedom and savings: faster, cheaper, and safer. At the end of her speech, Cynthia Lummis thanked everyone present for their efforts and made a firm commitment to collaborate with all parties to resolve the remaining minor details before the bill is submitted for a parliamentary vote. She emphasized that mutual trust is key to advancing this process, as working together can create a result that everyone can be proud of, as well as one that makes the American people proud. According to PolyBeats monitoring, the probability of the CLARITY Act being signed into law in 2026 on the prediction market Polymarket is 66%.

Senator Lummis: The CLARITY Act Supports Law Enforcement and Consumers, Will Collaborate with Other Senators to Advance Legislation

On May 14, according to HTX market information, Bitcoin has surpassed $81,000, with a 24-hour increase of 1.23%.

[Bitcoin Surpasses $81,000 with a 24-Hour Increase of 1.23%]On May 14, according to HTX market information, Bitcoin has surpassed $81,000, with a 24-hour increase of 1.23%.

Bitcoin Surpasses $81,000 with a 24-Hour Increase of 1.23%

On May 14, US Treasury Secretary Janet Yellen stated that Iran's oil storage is full, and Tehran will need to stop oil production. Following the US blockade on Iranian oil exports, a key issue in this conflict is how long Iran can store oil that it cannot export before running out of space. Some analysts believe that Iran still has a few weeks of storage capacity left, and Tehran has begun to slowly reduce production to cope with this deadlock. In an interview on CNBC's 'Financial Forum,' Yellen mentioned that for the past three days, Iran has been unable to load tankers at its main oil export terminal on Khark Island due to the US blockade preventing tankers from entering and leaving the Persian Gulf. In the first month of the blockade, the US military has forced 70 vessels, reportedly heading to or from Iranian ports, to change their routes.

[US Treasury Secretary Yellen: Iran's Oil Storage Depleted, Production to Halt]On May 14, US Treasury Secretary Janet Yellen stated that Iran's oil storage is full, and Tehran will need to stop oil production. Following the US blockade on Iranian oil exports, a key issue in this conflict is how long Iran can store oil that it cannot export before running out of space. Some analysts believe that Iran still has a few weeks of storage capacity left, and Tehran has begun to slowly reduce production to cope with this deadlock. In an interview on CNBC's 'Financial Forum,' Yellen mentioned that for the past three days, Iran has been unable to load tankers at its main oil export terminal on Khark Island due to the US blockade preventing tankers from entering and leaving the Persian Gulf. In the first month of the blockade, the US military has forced 70 vessels, reportedly heading to or from Iranian ports, to change their routes.

US Treasury Secretary Yellen: Iran's Oil Storage Depleted, Production to Halt

UFD fluctuated by 58.07% within 24 hours, current price $0.012313

【UFD's 24-hour fluctuation exceeds 50%!】UFD fluctuated by 58.07% within 24 hours, current price $0.012313

UFD's 24-hour fluctuation exceeds 50%!

Market data shows that BTC has surpassed $81,000, currently priced at $81,005.66, with a 24-hour increase of 1.57%. The market is experiencing significant volatility, so please ensure proper risk management.

[BTC Surpasses $81,000]Market data shows that BTC has surpassed $81,000, currently priced at $81,005.66, with a 24-hour increase of 1.57%. The market is experiencing significant volatility, so please ensure proper risk management.

BTC Surpasses $81,000

HTX data monitoring shows that BTC has broken through 81,000 USDT, currently reported at 81,007 USDT, with a 24H increase of 1.47%.

【BTC breaks through 81000 USDT】HTX data monitoring shows that BTC has broken through 81,000 USDT, currently reported at 81,007 USDT, with a 24H increase of 1.47%.

BTC breaks through 81000 USDT

Brokerage giant Interactive Brokers has announced the launch of a unified prediction market trading service, integrating Kalshi, CME Group, and ForecastEx. This service allows users to trade multiple prediction market contracts on a single platform and interface, while also managing assets such as stocks, options, forex, futures, cryptocurrencies, and bonds in a unified manner. The platform supports real-time visibility of liquidity, prices, and fees across exchanges, and offers unified portfolio management, real-time position tracking, and centralized reporting features. It is currently open to eligible clients, with Kalshi and CME-related contracts being rolled out in phases.

[Interactive Brokers Launches Unified Prediction Market Trading Service]Brokerage giant Interactive Brokers has announced the launch of a unified prediction market trading service, integrating Kalshi, CME Group, and ForecastEx. This service allows users to trade multiple prediction market contracts on a single platform and interface, while also managing assets such as stocks, options, forex, futures, cryptocurrencies, and bonds in a unified manner. The platform supports real-time visibility of liquidity, prices, and fees across exchanges, and offers unified portfolio management, real-time position tracking, and centralized reporting features. It is currently open to eligible clients, with Kalshi and CME-related contracts being rolled out in phases.

Interactive Brokers Launches Unified Prediction Market Trading Service

Macro environment:
The U.S. Congress provided $13.6 billion to respond to the Ukraine. The fundamental contradictions of the Russian-Ukrainian conflict have not yet been resolved. On Wednesday, the Standard & Poor's 500 Index saw its biggest gain since 2020. U.S. yield curve inversion could come as early as this week.
Spot market:
Market Overview: The overall market capitalisation of cryptocurrencies stood at US$1.695 trillion, down 4.56% from last week.
Technical analysis: BTC continues to trade sideways after a large swing. ETH saw volatility and then continued to trade sideways.
Stablecoins and Capital flow: Stablecoins are slightly increased this week. BTC balance in exchanges' wallets remained stable, ETH balance in exchanges' wallets remained stable.
On-Chain Data: The daily loss of BTC sent by STH to the exchange is 0.5% of the market value of BTC .
Compliance agency: Mainstream BTC ETF AUM was mixed, while ETH ETF AUM dropped sharply.
Derivatives market:
BTC futures open interest kept stable this week, with no obvious fluctuations in trading volume. BTC-compliant market futures contracts remained stable, and the trading volume was stable at a low level. The BTC perpetual contract funding rate fluctuates around zero, and the range is enlarged.
BTC options open interests dropped this week. The trend of BTC options IV has turned this week, and each period is close to overlapping. The long-short ratio of BTC futures fluctuated slightly, the long-short ratio of options decreased, and the market sentiment was stable.
The open interests of ETH kept stable this week, with trading volume decreased. ETH perpetual contract funding rates fluctuated around zero.
ETH options holdings remained stable this week. ETH options IV remained stable this week, rising slowly.
Weekly Market hot spots :
Biden Signs Executive Order on Digital Assets.

Detail

【Huobi Global Weekly Market Analysis】Macro environment:
The U.S. Congress provided $13.6 billion to respond to the Ukraine. The fundamental contradictions of the Russian-Ukrainian conflict have not yet been resolved. On Wednesday, the Standard & Poor's 500 Index saw its biggest gain since 2020. U.S. yield curve inversion could come as early as this week.
Spot market:
Market Overview: The overall market capitalisation of cryptocurrencies stood at US$1.695 trillion, down 4.56% from last week.
Technical analysis: BTC continues to trade sideways after a large swing. ETH saw volatility and then continued to trade sideways.
Stablecoins and Capital flow: Stablecoins are slightly increased this week. BTC balance in exchanges' wallets remained stable, ETH balance in exchanges' wallets remained stable.
On-Chain Data: The daily loss of BTC sent by STH to the exchange is 0.5% of the market value of BTC .
Compliance agency: Mainstream BTC ETF AUM was mixed, while ETH ETF AUM dropped sharply.
Derivatives market:
BTC futures open interest kept stable this week, with no obvious fluctuations in trading volume. BTC-compliant market futures contracts remained stable, and the trading volume was stable at a low level. The BTC perpetual contract funding rate fluctuates around zero, and the range is enlarged.
BTC options open interests dropped this week. The trend of BTC options IV has turned this week, and each period is close to overlapping. The long-short ratio of BTC futures fluctuated slightly, the long-short ratio of options decreased, and the market sentiment was stable.
The open interests of ETH kept stable this week, with trading volume decreased. ETH perpetual contract funding rates fluctuated around zero.
ETH options holdings remained stable this week. ETH options IV remained stable this week, rising slowly.
Weekly Market hot spots :
Biden Signs Executive Order on Digital Assets.

Huobi Global Weekly Market Analysis

Article

Arm and SoftBank Proposed Acquisition of Cerebras Before IPO but Were Rejected

TRX breaks through 0.35 USDT

FIO's 24-hour volatility exceeds 50%!

OSMO fluctuated over 50% in 24 hours!

Huobi Global Weekly Market Analysis

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

Related Articles

All Comments0LatestHot

Trending Topics

Related Articles