PANews released the May column author rankings, the crypto market is overall warming up.

PANews released the TOP 5 Influential Columnists and the TOP 10 Most Popular Articles rankings for May 2024. These two lists are compiled based on a comprehensive evaluation of the publication activity and article popularity of all columnists on the PANews platform.

The top 5 column authors by influence are as follows:

1. Riyue Xiaochu: A well-known investment research KOL, skilled in deep research and on-chain data analysis. In May, he published multiple articles covering various aspects such as the Bitcoin ecosystem, Notcoin, Ethereum ETF, and more.

2. Crypto Market Observation: Founded by Wang Jun, a founding partner of inpower, who specializes in producing macro-oriented crypto content. In May, he published several articles about the crypto ecosystem in Hong Kong, which attracted widespread attention from the market.

3. HashKey Group: A leading digital asset financial services group in Asia. In May, it only published one article titled "Xiao Feng: The First Principles of the New Web3 Economy," but it received a good amount of readership.

4. Mankun Blockchain: A legal perspective on hot issues in the blockchain field. In May, multiple articles were published regarding legal and regulatory content in the crypto space, covering the CZ incident, OTC, behaviors of crypto exchanges, Worldcoin, and more.

5. Arthur Hayes: A legendary figure in the crypto space, from trader to co-founder of a certain trading platform, to blogger. An article published in May titled "The US Has Started Stealthy Money Printing, Bitcoin Will Resume Its Rise in August" has attracted user attention.

The top 10 hottest articles in the column are as follows:

1. "BTC Eco Seed Player Zulu: Based on UTXO, Innovatively Created Double Layer Structure" by RiYue XiaoChu
2. "ZKM's Innovative Work: How Does the Entangled Rollup Network Achieve Secure BTC Cross-Chain Migration?" by On-chain Observation
3. "Overview of the First Full-Chain Game Sky Strife's Economic Model on Redstone" by FunBlocks
4. "Xiao Feng: The First Principles of the New Economy in Web3" by HashKey Group
5. "Smoothly Surviving 519, Reviewing the Major Disasters in the Crypto Circle Over the Years" by Crypto Market Observer
6. "The U.S. has started to print money in disguise, Bitcoin will resume its rise in August" by Arthur Hayes
7. "Will Virtual Currency Contract Exchanges and Copy Trading KOLs Constitute Gambling Crimes?" by Mankun Blockchain
8. "Interpreting Initia: A Full-Chain Rollup Network, the Dark Horse of the Cosmos Modular Track?" by xPanse World
9. "If the ETH ETF is successfully approved, which ecological projects are worth preemptively investing in?" by Ri Yue Xiao Chu
10. "Recent Trends and Market Opportunities in U.S. Crypto Regulation from SEC Approval of 8 Ethereum ETFs" by On-Chain Legal Navigation

In May, the overall cryptocurrency market stabilized and rebounded. The sudden shift in U.S. regulation, with the SEC approving the Ethereum spot ETF, has led to renewed excitement in the market. The 2024 U.S. presidential election is heating up, with Trump announcing support for cryptocurrency donations and Biden's campaign team hiring a meme manager, indicating a clear trend of politicalization in cryptocurrency. Funds continuously flow into the U.S. Bitcoin spot ETF, with the total scale exceeding $50 billion. The market still holds expectations for an interest rate cut by the Federal Reserve, hoping to welcome a long-awaited bull market.

In terms of crypto narratives, Notcoin created a wave of hype in the market in May with its strong user base and backing from the TON platform. The rune track also performed well, with the new Runes token minting dominating the Bitcoin network ecosystem, and the overall market value of the track exceeding $1 billion.