Blockchain Press Releases
HTX DeepThink: Fed Sits Tight Amid Bind; Trump’s New Token on Horizon?
SINGAPORE, May 8, 2025 /PRNewswire/ — HTX DeepThink is a flagship market insights column created by HTX, dedicated to exploring global macro trends, key economic indicators, and major developments across the crypto industry. In a world where volatility is the norm, HTX DeepThink aims to help readers “Find Order in Chaos.”
This week, what does Trump’s emerging token plan mean for crypto markets? Why is the Fed holding rates steady? Behind Bitcoin’s rebound, are hidden risks lurking? In this edition of HTX DeepThink, Chloe (@ChloeTalk1) from HTX Research breaks it all down.
Trump Media Group’s Utility Token: A Potential Shift in U.S. Equity Tokenization
On April 30, Trump Media & Technology Group announced it would collaborate with the Truth digital wallet to launch a new utility token called DJT. Initially, DJT will facilitate payments for the Truth+ subscription service, with plans to expand its utility across the Truth ecosystem.
It’s the first time a publicly listed U.S. media company is launching a utility token tied to a real-world product ecosystem, signifying a historic convergence between traditional equities and on-chain asset formats. Although the team has yet to announce a release date, blockchain platform, or tokenomics, the rollout appears to follow Trump’s classic strategy: hype first, details later.
DJT is hitting the market at just the right moment as memecoin mania is cooling and narratives are shifting toward utility and payment integration. Similar to HTX’s recent listing of WLFI’s USD1, demand for “practical crypto assets” is surging. DJT combines powerful political branding with real ecosystem support, offering long-term value potential far beyond that of short-lived meme-driven tokens.
U.S.-China Trade Talks: A Temporary Easing Amidst Persistent Tensions
This weekend, U.S. Treasury Secretary Scott Besant and Trade Representative Jamison Greer will meet with Chinese Vice Premier He Lifeng in Geneva. This meeting, the first high-level U.S.-China trade talks since heightened tensions in spring 2025, signals a potential diplomatic thaw.
Although both sides still dispute who initiated the talks, the meeting alone sends a strong signal of reengagement and diplomatic thawing. With tariffs at historic highs, markets are interpreting the summit as a short-term de-escalation of geopolitical risks—sparking a relief rally in risk assets.
Following the news, Bitcoin rose by approximately 3.6%, briefly surpassing $97,000. This reflects how sensitive capital flows remain to macro-level easing signals. While structural differences between the two nations are far from resolved, the current window of policy détente may offer a short-term liquidity boost for digital assets, gold, and tech stocks.
Powell Throws : “Now Is Not the Time to Cut Rates”
On May 8, the Fed held interest rates steady at 4.25%–4.50% for the third consecutive meeting. While it was widely expected, Fed Chair Jerome Powell struck a noticeably more cautious tone during the press conference:
- “Now is not the time for us to lead with a rate cut.”
- “The cost of waiting is relatively low.”
- “Whether we cut this year depends on how things develop.”
The Fed is currently caught in a “dual bind”: on one hand, disinflation has stalled, with PCE and CPI both above the 2% target. On the other, the central bank’s fiscal position is deteriorating. A 25–30 bps rate cut could shave $20 billion off annual income, further reducing remittances to the Treasury and raising concerns over the Fed’s policy independence.
As a result, despite markets currently pricing in three rate cuts in 2025, the Fed is more likely to take a “data-driven, delayed transition” approach.
Bitcoin’s Market Dynamics: Macroeconomic Data to Dictate Direction
Despite BTC rebounding to around $99,000 on geopolitical and monetary optimism, the options market is not confirming a strong directional bias. Deribit data shows implied volatility on June and July calls rising only modestly, while 25d risk reversals remain neutral to slightly bearish, and skew curves are relatively flat. Notably, large Gamma exposures are clustered around the $95,000–$100,000 range, indicating that BTC is currently trapped in a “high-volatility, low-conviction” zone awaiting macro catalysts.
If CPI and jobs data for May–June remain hot, the Fed may push back on rate cut expectations—risking a BTC pullback. Conversely, if inflation cools and unemployment ticks up, Powell may pivot dovishly, providing a green light for BTC to break out of its volatility compression range and resume its bullish trend.
*The above content is not an investment advice and does not constitute any offer or solicitation to offer or recommendation of any investment product.
About HTX Research
HTX Research is the dedicated research arm of HTX Group, responsible for conducting in-depth analyses, producing comprehensive reports, and delivering expert evaluations across a broad spectrum of topics, including cryptocurrency, blockchain technology, and emerging market trends.
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Blockchain Press Releases
HTX and Justin Sun Launch $6M Mars Program Special Edition, Offering One User a Historic Space Journey
SINGAPORE, May 8, 2025 /PRNewswire/ — HTX, a leading global cryptocurrency exchange, has launched the Mars Program: Special Edition, a landmark campaign that will send one user on a $6 million space voyage, fully sponsored by Justin Sun, Advisor to HTX, and Founder of TRON.
The campaign runs from May 7, 08:00 to May 13, 04:00 (UTC). All users who completed Level 3 KYC verification on HTX are eligible to apply. Five new finalists will be selected based on registration date, trading activity, net fee contribution, and asset balance. They will join seven existing candidates, forming a group of 12, from which one winner will be chosen to embark on a space journey with Justin Sun in July 2025.
Campaign Details: https://www.htx.com.pk/support/25000906493178
A $6M Journey Beyond Earth
Justin Sun, one of the most prominent figures in the crypto industry, is personally funding the $6 million ticket for this mission. Known for his headline-making initiatives across Web3 and traditional finance, Sun aims to make space more accessible to the global crypto community.
“This mission isn’t about elites or executives—it’s about empowering users,” said Justin Sun. “Space exploration should be accessible. With this journey, we want to bring the crypto spirit beyond Earth’s limits.”
The Mars Program: Empowering Global Participation
HTX’s Mars Program has completed seven successful rounds, selecting seven individuals for potential space missions. The Special Edition marks a bold new chapter, opening participation to a broader group of users worldwide.
Rather than offering exclusive experiences to elites, HTX is extending a chance for everyday users to make history. The initiative reflects HTX’s vision of Web3 as an open, inclusive ecosystem—where breakthroughs in technology, finance, and culture converge.
Bridging Crypto and Cosmos
The Mars Program is more than a campaign—it’s a symbol of Web3’s potential to reshape real-world possibilities. HTX continues to explore how blockchain can extend beyond financial infrastructure and into personal dreams, collective imagination, and global narratives.
With this initiative, HTX positions itself at the forefront of innovation—not just in trading or technology, but in inspiring the next generation of crypto pioneers.
How to Participate
Users must complete Level 3 KYC on HTX and submit an application before the campaign ends. The winner, selected from 12 total finalists, will be announced ahead of the July 2025 launch.
About HTX
Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.
As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,” HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.
To learn more about HTX, please visit HTX Square or https://www.htx.com/, and follow HTX on X, Telegram, and Discord.
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DUBAI, UAE, May 8, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is pleased to introduce new yield opportunities in fixed savings to Bybit Card users. Available on Bybit Earn, a new savings products will allow Bybit Card users to generate returns by staking their USDT.
For yield seekers during market turbulences, savings products with steady returns offer an alternative for traders to effectively allocate their capital. Bybit combines substantial returns and stability with this exclusive promotion for Bybit Card users. From now to June 30, 2025, 23:59 PM UTC, Bybit Card users may access the 90-day Fixed Savings plan on Bybit Earn and earn up to 8% APR on their USDT savings. The rewards are structured in two tiers:
- VIPs only: Staking 200 to 5,000 USDT for 4% APR
- Non-VIPs: Staking 1,000 to 10,000 USDT for 8% APR
The most widely used stablecoin in the world, USDT facilitates instant crypto transactions while offering the stability merchants and buyers expect. As of May 2025, USDT, USDC, BTC and AVAX are available as cashback options for Bybit Card users.
With over 1.7 million cards issued—and counting, the Bybit Card is the go-to choice the global crypto community. The Card empowers users with an everyday crypto payment solution, offers unmissable perks including exclusive access to premier events and services, and is packed with rewards fit for the crypto lifestyle. The Bybit Card’s growth story is one of the digital asset industry’s, complementing the rise in crypto adoption and supporting its customers on their wealth building journey.
Key Features of the Bybit Card:
- Instant virtual card: users will get a versatile card instantly, compatible with Apple Pay and Google Pay.
- Crypto convenience: spending in crypto, and cash withdrawals from any ATM worldwide that supports Mastercard for added convenience with the physical card.
- No annual fees and up to 10% cashback
- Year-round perks: 100% rebates on selected partners including Netflix and ChatGPT, plus air lounge access, early-bird access to Tomorrowland Brasil 2025, and seasonal benefits
- Multi-asset support: USDC, USDT, BTC, ETH, AVAX, and more.
The offer is available for eligible Bybit Card users only, restrictions apply. New users may apply for here: Bybit Crypto Card: Your Ultimate Crypto Debit Card.
#Bybit / #TheCryptoArk / #TheBybitCard
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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Blockchain Press Releases
MEXC Lists Doodles (DOOD) with 50,000 USDT Worth of DOOD and 50,000 USDT Bonus Prize Pool
VICTORIA, Seychelles, May 8, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency exchange, announces it will list Doodles (DOOD) on May 9, 2025 (UTC). To celebrate this significant addition to the exchange, MEXC is launching a special event with a prize pool of 50,000 USDT Worth of DOOD & 50,000 USDT Bonus for new and existing users.
Doodles is a Web3-native creative brand established in October 2021 by Canadian digital artist Burnt Toast (Scott Martin), alongside Evan Keast and Jordan Castro. The project features a collection of 10,000 unique generative NFT avatars, renowned for their vibrant, pastel-colored designs. Since its inception, Doodles has evolved into a multifaceted entertainment brand, expanding into animation, music, and fashion collaborations. Doodles has also partnered with prominent brands like Adidas, Crocs, and McDonald’s to bridge NFT culture with mainstream audiences.
In February 2025, Doodles announced the launch of its official token, DOOD, aimed at enhancing community engagement and supporting the decentralized development strategy of Doodles. Following the announcement of the token, Doodles NFT trading volume surged to $16 million in one week, marking the second-highest weekly trading volume in the project’s history. The total supply of DOOD is capped at 10 billion, with no possibility of inflation. As a key element in fostering community interaction and value sharing, DOOD enables token holders to participate in governance, access exclusive content, and contribute to the growth of the Doodles ecosystem.
To celebrate the listing, MEXC is hosting an Airdrop+ event from May 8, 11:00 to May 18, 11:00,2025 (UTC), offering a range of rewards and exclusive opportunities:
Benefit 1: Deposit and share $32,000 USDT in DOOD (New user exclusive)
Benefit 2: Spot Challenge – Trade to share $10,000 in DOOD (For all users)
Benefit 3: Futures Challenge – Trade to share 50,000 USDT in Futures bonus (For all users)
Benefit 4: Invite new users and share $8,000 in DOOD (For all users)
MEXC has established itself as an industry leader by consistently providing users with early access to promising projects. According to the latest TokenInsight report, MEXC led the industry with an impressive 461 spot listings. During each bi-weekly period, MEXC maintained a high listing frequency, consistently ranking among the top six exchanges and demonstrating its ability to capture market trends quickly. To date, the exchange has listed more than 3,000 digital assets. MEXC will continue to maintain its industry-leading listing efficiency, innovate, and expand its offerings, ensuring users have access to the best opportunities in the ever-evolving crypto landscape.
For full event details and participation rules, please visit here.
About MEXC
Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 36 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC
Risk Disclaimer:
The information provided in this article regarding cryptocurrencies does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, the fundamentals of projects, and potential financial risks before making any trading decisions.
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