🌐 LBank Daily Crypto News – May 14, 2025 📊

1️⃣ Matrixport: Bitcoin Rally Likely Driven by Institutions, Not Retail
Matrixport noted that although Bitcoin is near all-time highs, low trading volume suggests retail investors haven't joined the rally. Institutional buyers appear to be leading, reminiscent of 2022 cycles.
2️⃣ Tiger Brokers Launches Crypto Deposit & Withdrawal Services
Tiger Brokers (Hong Kong) now supports crypto deposits and withdrawals for $BTC, ETH, and others. Eligible users can earn HKD 200 in Coinbase stock rewards through their Tiger Trade app.
3️⃣ UBS: Wealthy Clients Shift to Gold, Crypto & China Assets
UBS Asia's Amy Lo stated that high-net-worth clients are moving away from U.S. assets toward gold, cryptocurrencies, and Chinese markets amid rising geopolitical tensions.
4️⃣ China Implements Tariff Adjustments on U.S. Imports
As of May 14, China has begun enforcing adjusted tariffs on U.S. goods. A 24% tariff is suspended for 90 days, while a 10% duty remains in effect as non-tariff countermeasures are paused.
5️⃣ $35B Inflows to Crypto Markets Over Past 3 Weeks
Analysts report over $35 billion has flowed into the crypto market in just three weeks, indicating rising capital momentum.
6️⃣ Believe Platform Sees $7.52M Revenue in 24H
Believe generated $7.52M in 24 hours, with $3.76M going to creators, signaling growing user and creator engagement.
7️⃣ Whale Turns $9K into $4.7M with $LAUNCHCOIN
A trader turned $9,075 into $4.7M by buying 20.3M $LAUNCHCOIN last month. $LAUNCHCOIN has surged in market cap, but analysts warn of potential pullback risk.
8️⃣ April U.S. CPI Data Boosts Fed Rate Cut Hopes
HTX Research's Chloe noted that April CPI came in below expectations, reinforcing rate cut prospects. However, high leverage positions may increase short-term volatility risk.

📊 Market Overview:
BTC/USDT: $103,348.31 (▲0.02%)
ETH/USDT: $2,609.23 (▲5.19%)

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