Weekly Preview | US April CPI data will be revealed; VanEck plans to launch new encryption-related ETFs
Reprinted from panewslab
05/11/2025·28DNews trailer:
- The US SEC plans to hold its fourth crypto roundtable on May 12, with executives such as BlackRock, Fidelity, and Nasdaq attending;
- At 20:30 on May 13, the US Consumer Price Index (CPI) in April was announced, which will reflect the latest inflation trend;
- sns.sol posted on the X platform that SNS airdrop collection will start on May 13;
- VanEck plans to launch new crypto-related ETFs on May 14, providing a wide range of industry investment opportunities through dozens of stocks;
- Vaulta: EOS tokens will become A tokens on May 14, with a 1:1 exchange ratio;
- BlockFi urges creditors to claim bankruptcy compensation as soon as possible, with May 15 deadline.
May 12
Policy Supervision:
The SEC Crypto Assets Task Force publicly plans a detailed agenda and a list of guests for the roundtable, Tokenization: Assets on Chain - The intersection of Traditional Finance and Decentralized Finance, which is part of the SEC's series of cryptoasset regulatory activities since March, will be held at the SEC headquarters from 1:00 to 5:30 p.m. local time on May 12.
The SEC participants include: Chairman Paul S. Atkins, Richard B. Gabbert, Director of the Office of the Crypto Task Force, and Commissioner Hester Peirce;
The agenda includes: Financial evolution: Capital Market 2.0, the future of tokenization;
Other participants include: Cynthia Lo Bessette, Eun Ah Choi (Nasdaq), Will Geyer (Invesco), Robert Mitchnick (BlackRock), etc.
May 13
Macroeconomics:
20:30, the US April unseasonally adjusted CPI annual rate/seasonally adjusted CPI monthly rate/seasonally adjusted core CPI monthly rate/seasonally adjusted core CPI annual rate
Exchange:
Binance will launch Alpha points consumption mechanism from May 13
According to Binance's official announcement, from May 13, 2025, Binance will launch an Alpha Points Consumption Mechanism. According to this mechanism, if a user successfully participates in the Token Generation Activity (TGE) or receives an airdrop, the system will deduct a certain number of Alpha points.
Indian exchange WazirX is awaiting the Singapore High Court's ruling on its restructuring and user compensation plan on May 13, 2025 due to hackers' attacks in July 2024. If approved, parent company Zettai will restart the platform and start compensation within 10 working days. More than 90% of creditors have supported this plan, and users will receive compensation for issuing and restoring tokens, and it is expected to recover 75%-80% of the account balance.
Project News:
sns.sol: SNS token air-invested starts on May 13
sns.sol posted on the X platform that SNS airdrop collection will start on May 13. At present, the SNS token airdrop allocation query has been opened. Users will have 90 days to receive token allocation. Only wallets that meet the conditions can receive tokens. The application window will be officially closed on August 11, and all unreceived tokens will be returned for ecosystem development.
Token unlock:
Aptos (APT) will unlock approximately 11.31 million tokens at 2 a.m. Beijing time on May 13, with a ratio of 1.82% to the current circulation, worth approximately US$67.5 million.
May 14
Exchange:
VanEck plans to launch a new crypto-related ETF on May 14 with the trading code NODE. The ETF aims to provide investors with access to a wider crypto economy by investing in financial instruments and stocks associated with crypto exchanges, bitcoin miners and data centers. NODE will adopt an active management strategy to select 30 to 60 of the more than 130 stocks related to the digital asset economy to invest.
Project News:
Metis to launch Androidda upgrade on May 14
Metis said the next round of MetisL2 evolution will be launched on May 14, when the Andromeda upgrade will be launched, the first phase of MetisRe Genesis' evolution. This upgrade introduces two breakthrough innovations: fraud proof mechanism and data availability migration to the Ethereum main network.
Vaulta: EOS tokens will become A token on May 14, with a 1:1 exchange ratio
Web3 bank Vaulta (formerly EOS) announced on the X platform that the EOS token will become A token on May 14. The exchange ratio is 1:1, the token economics has not changed, there is no redemption fee, and the exchange can be completed on the official channel on May 14.
Previous news, E OS was transformed into "web3 bank" and renamed Vaulta, with plans to launch new tokens .
According to the official announcement of World Liberty Financial, it has launched a Snapshot proposal, intending to test the chain airdrop function and issue a small amount of USD1 stablecoins to all eligible $WLFI holders to verify the actual operational effect of the airdrop system and give back to early supporters. The airdrop will be funded by WLFI and implemented through the Ethereum main network. The specific amount of issuance and qualification standards will be announced later. The vote has been started and will end on May 14th. The voting page shows a 100% approval rating.
May 15
Macroeconomics:
05:40, FOMC voter and San Francisco Fed Chairman Daley attended a fireside conversation in 2027;
At 20:40, Federal Reserve Chairman Powell delivered an opening speech at an event;
Exchange:
Coinbase International Station will launch SXT perpetual contract trading on May 15
Coinbase International Station announced on the X platform that it will add support for Space and Time perpetual contracts on Coinbase International Exchange and Coinbase Advanced. The SXT-PERP market will be open after 17:30 Beijing time on May 15.
Project News:
Sky's core governance design team Atlas Axis submitted a proposal that will complete the agreement's upgrade from MKR to SKY if it is approved. This transformation will make SKY the exclusive governance token and enable the staking feature to unlock USDS rewards for SKY holders. Sky co-founder Rune Christensen called it a "huge milestone" and believes the proposal could help Sky achieve a zero-fixed cost transformation by the end of 2025. If the proposal is approved or activated within a few weeks, SKY will inherit the voting rights of MKR. Existing MKR holders can upgrade to SKY at a fixed exchange rate of 1:24,000, and can also vote on governance proposals or entrust others. Starting from September 18, MKR will face a 1% penalty for transferring to SKY, and will increase by 1% every three months thereafter. The initial SKY pledge vault will disable the liquidation function and be restored later. Governance permissions will be moved to the new contract, with the transition completed from May 15 to 19 (depending on on-chain voting). As of May 11, 100% of the votes were agreed.
Obol Collective may launch token OBOL on May 15
The distributed validator technology project Obol Collective may launch its token $OBOL on May 15, 2025. Previous news, Obol Collective will airdrop 7.5% OBOL tokens to Ethereum node operators .
BlockFi urges creditors to claim bankruptcy compensation as soon as possible, with May 15 deadline
Bankruptcy crypto lending platform BlockFi issued an announcement stating that customers must complete asset claims before May 15, otherwise the unclaimed assets will be distributed to other unsecured creditors under the bankruptcy law. Currently, 97% of US users have claimed compensation, but only 43% of non-US users. The company reminds customers to verify the authenticity of the email and completes the KYC verification process to speed up the payment of compensation.
Token unlock:
Starknet (STRK) will unlock approximately 127 million tokens at 8 a.m. Beijing time on May 15, with a ratio of 4.09% to the current circulation, worth approximately US$23 million.
Sei (SEI) will unlock approximately 55.56 million tokens at 8 pm on May 15th, Beijing time, with a ratio of 1.09% to the current circulation, worth approximately US$14.5 million.
May 16
Exchange:
Coinbase to suspend MOVE transactions on May 16
Coinbase will suspend Movement (MOVE) token trading at around 2 a.m. on May 16 (UTC+8). It has now adjusted the MOVE order book to a limit mode. Users can place orders and withdraw orders, and orders may be matched and completed.
Project News:
All stores in the US fast food chain Steak 'n Shake accept Bitcoin payments from May 16
Steak 'n Shake, a fast food chain in the United States, announced that from May 16, all its stores will accept Bitcoin payments. The company posted on social platform X on May 9 that the move would reach more than 100 million customers, and said with the signature "Steaktoshi" that "this change has just begun." The brand launched a vote on "Whether Steak'n Shake should accept Bitcoin" on social media as early as March, and received a positive response from the crypto community, including Twitter founder Jack Dorsey.
Solayer will unlock the second quarter token on May 16, 100% for ecological incentives and growth
According to the announcement of the Solayer Foundation, the next round of community tokens will be unlocked on May 16, all for the second quarter incentives, early users, InfiniSVM developers and ecosystem development, including native product launch and product growth plans. The foundation said it will announce the details of token allocation and new product release plans in May.
Hackers who hacked SEC accounts announced Bitcoin ETF approval will be sentenced on May 16
Eric Council Jr, a 25-year-old man in Alabama, admitted to being involved in a hacker attack on the SEC's "X" account. Last January, he posted a fake post on the platform, announcing that the first (spot) Bitcoin ETF was authorized. Coulson pleaded guilty in federal court in Washington Monday to aggravate identity theft and access device fraud. Judge Amy Berman Jackson is scheduled to be sentenced on May 16. Prosecutors accused Coulson of using fake identification and cheating employees of a local mobile phone store to help him hack the victim's cell phone. A day before the SEC account was hacked, analysts expected the SEC to announce approval of spot Bitcoin ETFs. The hacker's fake post on January 9, 2024 caused the price of Bitcoin to soar. Subsequently, the SEC confirmed that the announcement had fallen immediately without authorization. The next day, the SEC officially announced the approval of the spot Bitcoin ETF.
Acurast will launch token sale on CoinList at 1 a.m. May 16
The decentralized computing network Acurast will start token sales on CoinList at 1 a.m. on May 16 (Beijing time), and the tokens will be unlocked 100%. Acurast uses smart phones to build a decentralized computing platform, and more than 65,000 devices have been connected. The total sales volume is 60 million ACUs, with a unit price of $0.09 and a valuation of $90 million. Adopt a "bottom-up" distribution mechanism to give priority to small purchasers. This sale is not open to specific regions such as the United States and Canada.
Galaxy is scheduled to be available on Nasdaq on May 16
Galaxy Digital Holdings (TSX: GLXY) announced that it plans to be listed on the Nasdaq Global Selected Market on May 16, 2025. Its special shareholders' meeting on May 9 has passed the restructuring and relocation plan , and it also needs to be finalized by Nasdaq. If progress is smoothly carried out, the reorganized American company Galaxy Digital Inc. will trade on the Nasdaq under GLXY as the code, and will remain listed on the Toronto Stock Exchange in the short term. CEO Mike Novogratz said that the move will provide Galaxy with a new growth platform, expand its investor base, and better serve the digital asset and AI infrastructure ecosystem. The existing OTC market BRPHF stock will be converted to Nasdaq GLXY stock without the need to pay for migration fees for shareholders. Relocation documents and voting materials have been submitted to the US SEC and the Canadian SEDAR platform.
Token unlock:
Arbitrum (ARB) will unlock approximately 92.65 million tokens at 9 pm Beijing time on May 16, with a ratio of 1.95% to the current circulation, worth approximately US$42.7 million.
Immutable (IMX) will unlock approximately 24.52 million tokens at 8 am on May 16th, Beijing time, with a ratio of 1.35% to the current circulation, worth approximately US$17.9 million.
May 17
Project News:
Terra: The time to file a loss claim with Terraform liquidation trust funds ends until May 17
Terra officially issued a reminder on the X platform that the deadline for submitting cryptocurrency loss claims to Terraform Labs Pte. Ltd.'s liquidation trust fund is 23:59 ET time on May 16, 2025 (11:59 Beijing time on May 17, 2025). Creditors must submit their eligible cryptocurrency loss claims by this date. Submissions overdue will not be accepted.
Resolv: RESOLV Token Genesis Activity Registration is now available, with a deadline of May 17
The Resolv Foundation announced on the X platform that the registration of the RESOLV token Genesis activity has now been launched, which is a necessary step to participate in airdrop collection. The deadline is 7:59 Beijing time on May 17. The snapshot of Season 1 was taken at 7:59 Beijing time on May 9th. Unregistered users will not be able to participate in the subsequent application process. After registration is completed, a Sybil check will be performed to verify eligibility. After the inspection is completed, the collection page will be opened immediately and will be valid for 30 days.
Token unlock:
Avalanche (AVAX) will unlock approximately 1.67 million tokens at 8 a.m. Beijing time on May 17, with a ratio of 0.4% to the current circulation, worth approximately US$41.3 million.
ApeCoin (APE) will unlock approximately 15.6 million tokens at 8:30 pm on May 17, Beijing time, with a ratio of 1.95% to the current circulation, worth approximately US$10.3 million.
May 18
Token unlock:
Melania Meme (MELANIA) will unlock approximately 26.25 million tokens at 8 am on May 18, Beijing time, with a ratio of 6.63% to the current circulation, worth approximately US$10.4 million.
The specific time is to be determined
Policy Supervision:
U.S. Treasury Department plans to hold a closed-door roundtable with the crypto industry next week
According to former TechCrunch reporter Jacquelyn Melinek, the US Treasury Department plans to hold several private roundtables with members of the crypto industry next week, covering multiple crypto ecosystem fields such as decentralized finance (DeFi), banking, and cybersecurity.
chaincatcher