Moody's has downgraded the US sovereign credit rating to Aa1 due to the widening deficit, rising interest expenditures, and a lack of political willingness to control spending. Major Crypto Assets prices fell by about 3%, with Ether (ETH), XRP, and DOGE (DOGE) all declining. Market risk aversion has risen, US Treasury yields have increased, and S&P 500 futures have fallen. Moody's is the third major rating agency to downgrade the US rating, a move that affects both traditional and crypto market. (CoinDesk)

BlockBeats news, on May 17, a new report from CryptoQuant stated that ETH has quietly fallen into a historically rare range, as a market signal shows that ETH is significantly undervalued compared to BTC. This signal comes from Ethereum's ETH/BTC market value to realized value (MVRV) metric, which is a relative valuation indicator used to gauge market sentiment and historical trading patterns. Historically, whenever this metric reaches similar low levels, ETH tends to achieve significant rises and outperforms BTC considerably. CryptoQuant believes that investors seem to have taken notice of this. With the demand for ETH ETF sharply rising, the holding ratio of ETH/BTC ETF has increased significantly since the end of April. This shift in allocation suggests that institutional investors expect ETH's performance to outperform.

PANews May 17 news, according to Whale Alert monitoring, 488 BTC (50,518,148 USD) was transferred from an unknown Wallet to Gate.

TRUMP Token holder Morten Christensen and his fren were invited to the Trump Coin holder dinner due to their high-ranking holdings, with each only needing to pay $1200. They successfully qualified for this event by buying Trump Coin and shorting the same amount. These five individuals cleverly traded, resulting in their actual cost being only Money Laundering.

Odaily News David Sacks, the White House's encryption and AI chief, posted on the X platform that in the wake of the SBF bank run fraud scandal, effective altruists need to reshape their image. Therefore, they are trying to position themselves as "hawkish," but their technology deceleration agenda is identical, which will lead to the United States losing in the AI race.

Odaily News According to OnChain Lens monitoring, a Whale sold 5 million FARTCOIN at a price of 1.18 USD, obtaining 5.92 million USDC.

Canaan Technology received a notification from Nasdaq that its stock price has remained below $1 for consecutive days and must rise above $1 within 180 days. The notification does not affect the company's listing or trading on Nasdaq.

Crypto market 24-hour capital inflow: USDT net inflow of 152 million USD, USDE net inflow of 13.67 million USD, FORM net inflow of 10.65 million USD, EUR net inflow of 8.38 million USD, UNI net inflow of 3.67 million USD. In terms of capital outflow: BTC net outflow of 194 million USD, USDC net outflow of 113 million USD, XRP net outflow of 57.5 million USD, SOL net outflow of 52.68 million USD, DOGE net outflow of 21.81 million USD.

The Assets Under Management of Valour, a digital asset ETP issuance company under DeFi Technologies, has reached 921 million CAD, benefiting from the rise in digital asset prices. The main digital asset Holdings include BTC, ETH, SOL, AVAX, and CORE.

Jin10 reported on May 17 that Russian President's Assistant and Head of the Russian Negotiation Delegation, Medinsky, stated on the 16th after the Russia-Ukraine negotiations that Russia and Ukraine will recently each hand over 1,000 captured personnel to the other side. According to TASS, Serbian President Vucic stated on the 17th that the "1,000 for 1,000" prisoner exchange protocol reached between Russia and Ukraine marks an important step towards opening genuine dialogue for both sides, bringing a positive signal for potential progress in future negotiations.

According to Jinse Finance and Coindesk, World Liberty Financial announced that its USD stablecoin USD1 has achieved multi-chain availability through Chainlink's cross-chain interoperability protocol (CCIP). This news was shared at the Consensus 2025 conference by the World Liberty Financial team, Chainlink co-founder Sergey Nazarov, and Eric.

ChainCatcher news, Tether minted 16 billion USDT on Tron in 2025. Overall, Tether has issued 75.7 billion USDT on Tron, surpassing Ethereum.

The United States will impose a 46% tariff on Vietnamese goods, and the two countries held their first ministerial-level talks, demonstrating their commitment to promoting stable economic, trade, and investment relations. Both sides began negotiations, with the U.S. agreeing to Vietnam's practices and suggestions, anticipating that the technical-level talks will yield results.

PANews, May 17 news, according to official data, in the 7 days ending on May 15, Circle issued approximately 2.9 billion USDC, redeemed approximately 3.7 billion USDC, and the Circulating Supply decreased by about 800 million coins. The total Circulating Supply of USDC is 60.5 billion coins, with a reserve amount of approximately 60.7 billion USD, including about 7.3 billion in cash, and the Circle Reserve Fund holds approximately 53.4 billion USD.

Jin10 News on May 17, at 12:12 PM, the improved version of the Zhuque-2 remote 2 carrier rocket was launched from the Dongfeng Commercial Aerospace Innovation Experimental Zone, successfully sending a total of 6 satellites, including Tianyi 29, Tianyi 34, Tianyi 35, Tianyi 42, Tianyi 45, and Tianyi 46, into their designated orbits, achieving a complete success in the flight test mission.

According to ChainCatcher news, on-chain analyst Yu Jin (@EmberCN) has monitored that Ma Ji Da Ge Huang Li Cheng (@machibigbrother) added another 1 million USDC to purchase 36,759 HYPE about 1.5 hours ago. Today, a total of 1.75 million USDC was invested to acquire 64,043 HYPE, with an average purchase price of 27.3 USD.

According to ChainCatcher news and monitoring by Lookonchain, a certain Whale Address has closed all positions on 10,543 ETH at an average price of 2476 USD in the past hour (approximately 26.1 million USD). Due to the market downturn, their positions have incurred a paper loss of 2 million dollars within just two days.

Golden Finance reports that, according to The Block, the crypto assets investment firm Paradigm has hired Cobie as an advisor. Cobie is the founder of the crypto assets investment platform Echo, which allows retail investors and members of the crypto assets community to participate in early financing rounds of projects under conditions similar to those of venture capital firms. Previously, in February, on-chain data analyst ZachXBT also joined Paradigm as an incident response consultant.

The stablecoin payment platform Infini Global has reduced the card transaction fee from 1% to 0.1%, aiming to move towards zero fees and provide users with a more convenient payment experience. Infini adheres to the product philosophy of benefiting users and is committed to creating a new era of painless transactions and borderless payments.

Jin10 Data, May 17 - With the South Korean presidential election approaching, rumors are rampant regarding assassination threats faced by the largest opposition party's presidential candidate, Lee Jae-myung. Lee Jae-myung's campaign team announced on the 16th that starting next week, bulletproof glass will be used during his speeches to counter "terror threats." The voting for the 21st South Korean presidential election is scheduled for June 3, and the candidate's campaign activities officially started on May 12. According to South Korean media reports, there have been recent rumors that Lee Jae-myung is facing security threats, with attempts to carry out an assassination against him. The Democratic Party has thus requested the police to intensify security measures for Lee Jae-myung.

The daughter and family of French Crypto Assets tycoon Pierre Nouwakaza were kidnapped in Paris, with the son-in-law bravely resisting and receiving help from neighbors to repel the kidnappers. This is a new kidnapping case targeting Crypto Assets tycoons, occurring in the 11th arrondissement of the capital, Paris. Nouwakaza operates a Crypto Assets trading platform.

Jin10 reported on May 17 that as large amounts of capital withdraw from the U.S. financial markets, overseas funds purchased a record amount of Japanese stocks and long-term bonds in April. Data provided by the Japanese government shows that overseas investors bought Japanese stocks and long-term bonds worth 8.21 trillion yen (approximately 56.6 billion USD) in April. Data from U.S. company Morningstar indicates that this is the largest net inflow of overseas funds into the Japanese financial market in a single month since the Japanese Ministry of Finance began collecting related data in 1996.

Jin10 data reported on May 17 that on the afternoon of May 16 local time, a shooting occurred at a gym in Las Vegas, USA, resulting in at least one death and several injuries. The suspect was shot dead on the spot during a shootout with the police. According to police reports, the suspect entered the scene with a rifle and specifically targeted certain victims. After locking onto a target, the suspect shot them dead on the spot. When officers arrived at the scene in response to the call, they exchanged fire with the suspect, who was hit and died on the spot. Currently, several injured individuals are receiving treatment.

BlockBeats news, on May 17, according to Lookonchain monitoring, as the market led to a broad fall in altcoins, an address that previously invested 2.95 million USD in a 25x ETH short order, as well as 10x leveraged short orders for PEPE, WIF, and OP, has realized unrealized gains of 2.4 million USD in less than 4 hours. It is worth noting that before this high-leverage shorting operation, the address had been inactive for 4 years.

Gate Alpha has listed digital assets such as KEKIUS, KORI, buidl, APU, and FARTSIGHT, allowing users to trade directly on the APP. The platform supports popular public chains like SOL, ETH, BNB Chain, and Base, enabling users to purchase assets on different chains using USDT without manual operations.

DeFi Development Corp has reached a validation node cooperation with BONK to expand the node stake scale and integrate BONKSOL. The company has newly purchased 16,447 SOL, bringing the total to 609,190 SOL, valued at approximately 107 million USD.

BlockBeats news, on May 17, according to monitoring by Farside Investors, yesterday Fidelity had a net inflow of FBTC of 67.9 million USD and a net inflow of FETH of 13.6 million USD.

Gate News bot news, according to Gate market data, the BTC_USDT price has fallen below 103000 USDT, currently priced at 102982.7 USDT. The 24-hour drop is 0.57%.

BlockBeats news, on May 17, according to OnchainLens monitoring, a certain Whale Address deposited 2.95 million USD into HyperLiquid and opened multiple short positions, including: - 25x leverage ETH short order - 10x leverage PEPE, WIF, and OP short orders. Currently, the total value of its short positions exceeds 66.75 million USD, with unrealized gains of 1.26 million USD.

According to BlockBeats news on May 17, on-chain data analyst Yu Jin monitored that "Brother Magi" Huang Licheng deposited 750,000 USDC into Hyperliquid 9 hours ago, exchanging it for 27,282 HYPE at an average purchase price of 27.5 USD.

PANews May 17 news, according to Coindesk, World Liberty Financial announced that its USD stablecoin USD1 has achieved multi-chain availability through Chainlink's cross-chain interoperability protocol (CCIP). The two companies stated that this integration initially supports Ethereum and BNB chains, aiming to address cross-chain security issues and expand the reach of USD1.

Brazilian public company Méliuz announced an investment of $28.4 million to purchase 274.52 Bitcoins, becoming the first publicly traded company in South America to establish a Bitcoin reserve. This move caused the company's stock price to rise by 26% in a single day, aiming to enhance shareholder returns and emulate the Bitcoin investment strategy of the American Strategy. The Brazilian digital asset market is rapidly developing, and the allocation of Bitcoin assets by publicly traded companies has become a global trend, but its long-term value still needs time to be validated.

BlockBeats news, on May 17, according to Coinglass data, the total liquidation across the network in the past 24 hours was 248 million USD, with long orders getting liquidated for 188 million USD and short orders for 59.84 million USD.

PANews May 17 news, according to Onchain Lens monitoring, a Whale user deposited 2.95 million USD to HyperLiquid and opened multiple short positions: ETH: 25x leverage PEPE, WIF and OP: 10x leverage The total value of short positions exceeds 66.75 million dollars, with floating profits of 1.26 million dollars.

According to Jinse Finance, on-chain analyst Yu Jin (@EmberCN) monitored that Mahji Big Brother Huang Licheng (@machibigbrother) invested 750,000 USDC through the Hyperliquid platform to purchase 27,282 HYPE tokens, with an average transaction price of 27.5 USD.

Trump stated that the Russian leadership is fully involved in the negotiations regarding the Ukraine issue, mentioning that Putin is willing to participate in talks, emphasizing that there are no plans to meet with Putin but that talks must happen, and indicating that conversations with the Ukrainian president are difficult and that he does not wish to ease the situation.

Trump stated that if no agreement can be reached regarding the Ukraine issue, new sanctions may be imposed on Russia. He believes this will be destructive for Russia, noting that the Russian economy is struggling and oil prices are low. Trump expressed confidence that Zelensky has no trump cards in the negotiations, mentioning that both have gone through difficult times.

Gate News bot message, according to Gate market display, the ETH_USDT price has fallen below 2500 USDT, current price 2499.43 USDT. 24-hour fall of 2.09%.

Jin10 data reported on May 17, recent capital flows have shown new changes, with broad-based ETFs facing redemptions, while technology-themed ETFs are strongly attracting capital, with multiple technology-themed ETFs reaching historical highs in share volume. In addition, many technology-themed funds are being issued, and institutions are intensively researching the technology sector to find investment opportunities. Data shows that in the past month, the software and semiconductor industries have received over 3000 institutional research inquiries, while the electronic equipment manufacturing industry has received over 2600.

The U.S. Attorney's Office for the District of Columbia stated that Alabama resident Eric Council Jr. was sentenced to 14 months in prison for hacking into the SEC's social media accounts and posting false information. This action misled the market by falsely claiming that the Spot Bitcoin ETF had been approved, leading to market Fluctuation. (Odaily)

The Filecoin Foundation and Lockheed Martin Space successfully utilized IPFS for data transmission in space, dropping latency through content addressing, handling data corruption, and ensuring data integrity, thereby improving data reliability in the space environment.

PANews May 17 news, Musk changed the nickname and avatar of X to the "Kekius Maximus" theme. Market information shows that Kekius Maximus (KEKIUS) has risen 105.9% in 24 hours. Musk changed his personal avatar and nickname to Kekius Maximus last December, and the related concept coin experienced a big pump.

Golden Finance reports that analyst Apsk32 states that the price of Bitcoin may reach over $200,000 by the end of the year, citing its historical lag behind gold.

Golden Finance reported that on the 16th, international credit rating agency Moody's announced that due to the increase in the U.S. government's debt and interest rate payment ratio, the agency has decided to downgrade the U.S. sovereign credit rating from AAA to AA1, while adjusting the outlook for the U.S. sovereign credit rating from "negative" to "stable." Moody's stated that by 2035, the U.S. federal debt burden will rise to 134% of GDP; it is expected that by 2035, the U.S. federal government's deficit will reach 9% of GDP; as the economy adjusts to tariffs, GDP growth may slow down.

According to ChainCatcher news, monitored by Lookonchain, the crypto KOL pow (@traderpow) sold 14 million LAUNCHCOIN at a price of $0.197 each today, obtaining 16,071 SOL (approximately $2.76 million), and currently still holds 3 million LAUNCHCOIN (approximately $553,000).

Golden Ten Data, May 17, according to CNBC, a person familiar with the matter confirmed on Friday that American technology giants Nvidia (NVDA.O), Cisco (CSCO.O) and OpenAI will support the UAE's "Stargate" artificial intelligence data center announced this week. Sources confirmed that AI chip leader Nvidia will provide hardware for the latest Blackwell GB300 system. The data center will work with the U.S. AI infrastructure project of the same name, announced shortly after U.S. President Donald Trump took office in January. It is unclear whether Oracle (ORCL.N) is also involved in the Stargate project in the UAE. The data center, announced on Thursday, will be built by Emirati company G42. The sprawling campus will have 5 gigawatts of capacity and cover 10 square miles.

The first season analyst contest launched by RootData is underway, participants are required to submit market analysis reports, and the total prize pool of the contest is 3,000 USDT, and the deadline is 14:00 UTC on May 23. Winners will share the prize money and present their work on the RootData Media Center. The competition encourages data analysis to interpret market trends, mine the value of on-chain projects, and select based on content depth and data insight.

ChainCatcher News, according to Golden Ten, the preliminary one-year inflation rate in the United States in May is expected to be 7.3%, expected to be 6.50%, and the previous value was 6.50%. The initial value of the U.S. 5 to 10-year inflation rate expectation is 4.6%, expected to be 4.40%, and the previous value is 4.40%. The preliminary value of the University of Michigan Consumer Confidence Index for May in the United States is 50.8, expected to be 53.4, with a previous value of 52.2.