Today
2025/05/09

JPMorgan predicts a 50% chance of the Romanian currency depreciating by 15%-20%.

Jin10 data reported on May 9th that analysts at JPMorgan believe there is a 50% chance of political turmoil in Romania, leading to a 15-20% depreciation of the national currency, the leu, while another possibility is a 5% depreciation. The Romanian financial market has been volatile this week due to the victory of far-right presidential candidate George Simion in the first round of voting on Sunday, deepening the political crisis in this Central European economy. Analysts at JPMorgan stated that while stability following the decisive second round of elections on May 18 could limit the depreciation of the leu to within 5%, how Romania manages its expenditures amid further turmoil and uncertainty may trigger a larger adjustment. They wrote: "At present, we see the probability between these two scenarios as 50%/50%, but this is a highly uncertain judgment."
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Morgan Stanley: It is currently expected that the Bank of England will keep interest rates unchanged in June, whereas the previous prediction was for a 25 basis point cut.

PEPE rose 44.29% in the last 24 hours, currently priced at 0.000013301 USDT

According to the Gate.io News bot, the latest market data from Gate.io shows that PEPE has pumped 44.29% in the last 24 hours, currently priced at 0.000013301 USDT.
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In the past 4 hours, the entire network got liquidated for 253 million USD, with ETH getting liquidated for 117 million USD, approximately 3.28 times that of BTC.

PANews May 9 news, according to coinglass data, in the past 4 hours the entire network got liquidated for 253 million dollars, long orders got liquidated for 49.7769 million dollars, short orders got liquidated for 203 million dollars, BTC got liquidated for 35.6488 million dollars, ETH got liquidated for 117 million dollars, and the liquidation volume of ETH is approximately 3.28 times that of BTC.
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New German Chancellor: If Russia refuses serious peace talks, it will face new sanctions.

The new German Chancellor Merz expressed support for Trump's plan for a ceasefire between Russia and Ukraine, threatening to increase sanctions pressure on Moscow. Merz emphasized that Europe and the United States will continue to support Ukraine, promising to provide increased assistance if necessary. He called on Russia to move towards peace negotiations; otherwise, sanctions from Europe and the US would be intensified.
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BTC_USDT falls below 103000 USDT

According to Gate.io News bot, the market shows that the BTC_USDT price has fallen below 103000 USDT, with the current price at 102854.2 USDT. The 24-hour rise is 3.12%.
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Data: A Whale shorting ETH with 25x leverage incurred a loss of $4.77 million in 8 hours.

According to ChainCatcher news and monitored by Lookonchain, a certain Whale shorted ETH with 25x leverage, losing 4.77 million USD in 8 hours. According to previous reports, the Whale deposited 5.08 million USD into Hyperliquid to short ETH with the maximum leverage (25x).
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European Central Bank Governing Council member Simkus: It is necessary for the European Central Bank to cut interest rates in June.

According to ChainCatcher news, Jin10 data reported that ECB board member Simkus stated that there is no core scenario for the Central Bank's interest rate, and it is necessary for the Central Bank to cut rates in June.
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Ethereum's market share has surpassed 8%, reaching a new high since April 6 of last year, currently at 8.8%.

PANews, May 9th news, according to CoinMarketCap data, Ethereum's market share has risen above 8% for the first time since April 6, 2024, currently at 8.8%, with a 24-hour pump of 1.48%. Earlier news, ETH broke through 2400 USD, with a daily rise of 17.40%.
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Analyst: Trade agreement reached between the US and UK, the stock market shows signs of recovery.

Trump announced a preliminary trade agreement with the UK, maintaining a 10% Benchmark reciprocal tariff. Experts believe that although the scale is not as large as the US-Canada-Mexico trade, the agreement has pilot significance and may become a future model. If the US continues to reach more agreements, it may help to repair the stock market, which has been severely hit this year.
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ETH_USDT breaks through 2400 USDT

According to the Gate.io News bot, the Gate.io market shows that the ETH_USDT price has broken through 2400 USDT, with the current price at 2406 USDT. The 24-hour rise is 23.67%.
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A Whale is shorting ETH with 25x leverage, incurring a loss of 4.77 million USD in 8 hours.

BlockBeats news, on May 9th, according to Lookonchain monitoring, a certain Whale shorted ETH with 25x leverage, incurring a loss of 4.77 million USD in 8 hours. He had previously deposited 5.08 million USD to Hyperliquid to short ETH at maximum leverage (25x). Now his assets are only 310,000 USD left.
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A trader opened a short order worth 16 million USD SOL on Hyperliquid, with a liquidation price of 172.96 USD.

Odaily News According to @lookonchain monitoring, a trader has just deposited 1.21 million USDC into Hyperliquid and opened a 20x leverage shorting position on SOL at a price of $164.9, with a position size of 97,500 SOL, worth approximately $16 million, and the liquidation price is $172.96.
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Data: The number of active addresses on Avalanche reached 746,000 yesterday, setting a new historical high.

Avalanche C-Chain reached 763,000 transactions on May 7, marking the highest point since late February 2024; the number of active addresses reached 746,000, setting a new historical high, with 532,000 active addresses on C-Chain; the number of active addresses on OpenSea on Avalanche C-Chain has risen significantly, likely driven by the growth in NFT trading users from the MapleStory Universe game.
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BTC_USDT breaks through 104000 USDT

According to the Gate.io News bot, the market shows that the BTC_USDT price has broken through 104000 USDT, currently at 104029.1 USDT. The 24-hour increase is 4.61%.
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European Central Bank Governing Council member Rehn: If the forecasts are confirmed, the interest rate cut in June is the right move.

Jin10 reports that ECB board member Rehn stated: If the forecasts are confirmed, the interest rate cut in June is the right move; the risks identified in March have largely materialized.
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A certain Whale made a 25x leveraged shorting of ETH, incurring losses exceeding 2.6 million USD, with a liquidation price of 2343.4 USD.

PANews, May 9th news, according to Lookonchain monitoring, a trader has added USDC to the Hyperliquid platform and continued shorting ETH with 25x leverage. Currently, their loss has exceeded $2.6 million, and the liquidation price is $2343.4.
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Avalanche C-Chain volume hits a new high, active Address surpasses 746,000

gate News bot message, according to SnowTrace data, Avalanche C-Chain achieved 763,000 transactions on May 7, reaching a new high since late February 2024. At the same time, the number of active addresses on the Avalanche network surged to 746,000 on May 8, setting a historical record, with the number of active addresses on Avalanche C-Chain reaching 532,000. Artemis data records show that in the past two days, the number of active addresses on OpenSea on the Avalanche C-Chain has seen a significant increase, primarily driven by the rise in NFT trading users and trading volume from MapleStory Universe game. Source: Wu Shuo
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A trader is shorting ETH with high leverage, with unrealized losses exceeding $2.6 million.

Odaily News According to @lookonchain monitoring, a trader has deposited more USDC into Hyperliquid and continues to short ETH with 25x leverage. Currently, the position has unrealized losses exceeding 2.6 million USD, with a liquidation price of 2,343.4 USD.
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The total open interest for Ethereum contracts across the network exceeds 12 million ETH, setting a new historical high in coin terms.

According to BlockBeats news on May 9, data from Coinglass shows that the current open interest for Ethereum contracts across the network exceeds 12 million ETH, approximately 27.6 billion USD, setting a new historical high in coin terms.
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ETH_USDT breaks through 2300 USDT

Gate news bot reports that according to gate market data, the ETH_USDT price has surpassed 2300 USDT, currently at 2301.83 USDT. The 24-hour rise is 20.35%.
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The UAE denies providing weapons to the warring parties in the Sudan conflict.

Jin10 reported on May 9th that on the 9th local time, the UAE issued a statement strongly denying the allegations that it provided weapons to any warring parties in the Sudan conflict. UAE Assistant Minister of Security and Military Affairs Salim Al-Jaberi stated in a statement: "The UAE strongly denies the claims that it provided weapons to any party in the Sudan armed conflict. These allegations are baseless and lack solid evidence."
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ETH price rebounded to $2,075 after retail investors sold off, resulting in a reversal.

According to the Gate.io News bot, analysis from Santiment indicates that after the Pectra upgrade, the price of ETH experienced a fall, with some traders, especially the retail investor group, choosing to sell ETH and turn to other Memecoin investments. Data shows that after experiencing a dumping wave from retail investors, the price of ETH broke through the $2,075 mark today, setting a new high in 6 weeks.
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The total market capitalization of stablecoins has risen by 9 billion dollars in the past 30 days, setting a new historical high.

Gate.io News bot message, according to data from DeFiLlama, the total market capitalization of stablecoins has risen by over 9 billion USD in the past 30 days, reaching a historic high of 242.805 billion USD. The data also shows that since the beginning of 2024, the total market capitalization of stablecoins has accumulated a rise of 37.6 billion USD. Source: Wu Says
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24-hour Spot Capital Inflow/Outflow Ranking: ETH tops the list with a net inflow of $239 million.

On May 9th, the net inflow ranking of funds in the crypto market spot shows: ETH leads with a net inflow of 239 million USD; followed closely by SOL, BTC, BNB, and PEPE. Meanwhile, in the net outflow ranking, LAYER, XRP, MEMEFI, DIGN, and STX are showing a net outflow status.
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Moonshot has launched the meme coin DUPE on the Solana blockchain.

BlockBeats news, on May 9, according to monitoring by Moonshot Listings, Moonshot has launched the Solana on-chain meme coin DUPE, with a current market capitalization of 5.3 million USD, a rise of 78% in the past 24 hours, and a trading volume of 1.1 million USD in the past 24 hours. BlockBeats reminds users that meme coins often have little practical use and can experience significant price fluctuation, so investment should be approached with caution.
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OpenAI has fully opened its memory feature to users in Europe.

PANews, May 9th news, according to OpenAI's official tweet, its latest memory feature is now fully available to ChatGPT Plus and Pro users in the European Economic Area (EEA), the UK, Switzerland, Norway, Iceland, and Liechtenstein.
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