Bitcoin Slightly Rises in the Short Term, Trump Calls Himself a Fan of Cryptocurrency

On May 14th, at the opening of the US stock market, the Dow increased by 0.1%, the S&P 500 rose by 0.18%, and the Nasdaq went up by 0.3%. Regarding cryptocurrency stocks, there was a slight decline. Specifically, MicroStrategy (MSTR) decreased by 0.43%, Coinbase (COIN) rose by 0.57%, MARA Holdings (MARA) dropped by 0.76%, and Riot Blockchain (RIOT) went down by 1.44%.

On May 14th, Federal Reserve Vice Chair Jefferson expressed that the currently moderately restrictive policy rate is appropriately positioned to deal with economic developments. Tariffs may give rise to inflationary pressures, yet it remains uncertain whether their impact is transient or persistent.

On May 14th, according to the report of "Fortune", JPMorgan Chase carried out the first public bond transaction by using the ONDO public ledger.

On May 14th, according to Coindesk, KYD Labs has successfully completed a seed round of financing amounting to $7 million. This financing round was led by a16z Crypto, and the specific details of the funding have not been made public yet. KYD Labs is a ticketing platform constructed on Solana, which is designed to empower artists and venues to have better control over ticket sales, fan data, and revenue.

On May 14th, as per official channels, the next-generation on-chain asset trading platform TrendX announced the completion of a new strategic financing round. This round received investments from Animoca Brands and Cream Labs. Up to now, TrendX has obtained support from 14 top institutions and has raised a total of $11.2 million, covering various cutting-edge fields such as AI, DePIN, and DeFi. The official announcement stated that this round of financing will expedite product innovation and global expansion. It will promote the landing of intelligent trading experiences in more public chain ecosystems, enabling users to "grasp the overall situation at a glance and complete transactions with one click." TrendX, Animoca Brands, and Cream Labs also plan to deepen their on-chain data analysis cooperation, build higher-dimensional intelligent models, reduce user investment decision risks, promote the popularization of Web3 intelligent trading platforms, and expand the on-chain incremental

On May 14th, Binance Alpha listed Port3 Network (PORT3).