According to Onchain Lens monitoring, Loracle.hl (@loraclexyz) sold 556,700 HYPE tokens at an average price of $41.16, obtaining $22.9 million, and currently holds only 958,000 HYPE tokens. This address's current holdings include: 708,200 HYPE tokens ($32.5 million), with a floating loss of $1.756 million; 3,187,400 BTC ($25.7 million), with a floating profit of $727,000; 147,300 CL tokens ($15.35 million), with a floating profit of $51,000; 33,400 BRENTOIL tokens ($7.16 million), with a floating profit of $45,000; 3,746,600 PAXG tokens ($1.7 million), with a floating loss of $271,000; and 13.53 million CHIP tokens ($778,000), with a floating loss of $221,000.

According to Lookonchain monitoring, an address deposited 1.5 million USDC into Hyperliquid to open a long position in xyz:MU (Micron) with 5x leverage, holding 6,290 USDC, with a notional value of $3.75 million.

Senate Banking Chair Tim Scott is delaying the markup of the CLARITY Act as he seeks unanimous support from all 13 Republican members before proceeding with a bipartisan markup in May. According to NS3.AI, a compromise between Senators Tillis and Alsobrooks has resolved the stablecoin yield dispute by permitting activity-based rewards while prohibiting passive yield on idle balances. Galaxy estimates the passage odds at approximately 50-50, warning that a delay beyond mid-May could significantly diminish the bill's chances of success.

Binance announced on X a series of updates to its wallet product, aimed at enhancing user experience and functionality. The latest improvements include support for stablecoin payments through the Lightning Buy feature, allowing users to switch and save their payment preferences. This update is expected to streamline the purchasing process for users who prefer stablecoins, offering a more flexible and efficient transaction experience. In addition to payment enhancements, the finance module has undergone search optimization, providing a better exploration experience across multiple categories. This improvement is designed to help users navigate the platform more effectively, making it easier to find and manage financial products. The update reflects Binance's commitment to continuously refining its services to meet user needs. Furthermore, the Hotspot Radar feature now includes direct access components, facilitating smoother browsing and trading activities. This addition aims to enhance the overall user interface, ensuring that users can quickly access and engage with trending market data. The update underscores Binance's focus on delivering a seamless and intuitive trading environment. Lastly, social media content previews have been enhanced, now supporting website icons and links to X articles. This feature is intended to improve the way users interact with social media content, providing a more integrated and visually appealing experience. Binance encourages users to explore these new features and share feedback in the comments section, as part of its ongoing effort to incorporate user suggestions into future updates.

Strategy will hold its Q1 2026 earnings call at 1:00 AM Beijing time on May 6th, covering Q1 financial results, digital lending business development, and capital markets strategy. Data shows that Strategy's Bitcoin holdings have increased from 555,500 at the end of Q1 last year to the current 818,300. (BitcoinTreasuries.NET)

Bitget has integrated with the AI ​​trading platform Coincidence AI, bringing real-time decision support and enhanced risk monitoring capabilities to its trading environment and further improving its intelligent trading infrastructure within the Unified Exchange (UEX) framework. Through this integration, Bitget users can directly utilize Coincidence AI's market behavior analysis and position risk assessment functions. This system continuously processes massive amounts of market data based on machine learning, providing more structured decision support for both autonomous and systematic trading, helping users identify market changes more promptly and optimize position management. Furthermore, Coincidence AI's "Adaptive Agent" module will also be integrated, designed to assist traders in managing their exposure more flexibly during market fluctuations.

Digital asset investment products experienced net inflows of $117.8 million last week, marking the fifth consecutive week of positive movement. According to NS3.AI, CoinShares reported that the total assets under management have increased to $155 billion.

Bullish, a cryptocurrency exchange, has reached an agreement to acquire securities services provider Equiniti for $4.2 billion, including debt. According to Foresight News, the acquisition aims to expand Bullish's capabilities in the financial services sector. The deal reflects the growing interest in integrating traditional financial services with cryptocurrency platforms.

On May 5, Guosen Securities reported that since March 23, the A-share market has rebounded, with major indices recovering losses incurred during the Middle East conflict and returning to previous highs. According to Jin10, the average daily trading volume for A-shares in April was 2.35 trillion (2.35万亿), which is lower than the January level of over 3 trillion (3万亿), indicating that market sentiment still requires time to fully recover. The ongoing uncertainty in the Middle East, including the blockade of the Hormuz Strait, has led to high oil prices, exacerbating stagflation expectations and potentially suppressing equity assets. The A-share market has accumulated significant gains during the April rebound, suggesting that short-term fluctuations may occur following rapid increases. Looking ahead, negative factors domestically and internationally may become clearer, and short-term volatility is unlikely to alter the market's upward trend.

According to The Wall Street Journal, cryptocurrency exchange Bullish will acquire share transfer agency Equiniti for $4.2 billion (including debt). The acquisition is expected to close in January, pending regulatory approval. Equiniti serves nearly 3,000 publicly traded companies, including Berkshire Hathaway and Moody's.

Western Union has officially stepped into the stablecoin arena, launching its US dollar-pegged USDPT on Solana in a move that signals a major shift from traditional remittance rails to blockchain-based settlement.

BitMine has bought over 100,000 ETH for three weeks in a row, lifting its total holdings above 5.18 million ETH. The firm says Ethereum demand is rising due to tokenisation, AI use and staking income growth.

North Korea has been accused of orchestrating more than 75% of the global crypto crime in 2026, with blockchain analytics firm TRM Labs estimating that the stolen funds could reach a whopping $577 million in just the past four months.

Polygon has introduced private stablecoin payments that hide transaction details using zero-knowledge proofs while still applying compliance checks. Users can produce audit files for regulators, targeting institutional use of onchain payments with privacy and oversight.

Tether, the crypto financial giant known for its stablecoins, is extending its reach into the Bitcoin mining field.

The progress of the CLARITY Act legislation has had a direct impact on stablecoin issuers and trading platforms, with Circle's stock price surging nearly 20% intraday and USDC trading activity increasing significantly.

Bitcoin surged past $80,000, hitting a four-month high of $80,529 just hours after Donald Trump unveiled “Project Freedom”—a U.S. naval initiative to escort cargo ships through the strategically critical Strait of Hormuz amid escalating tensions with Iran.

Ben Felix, portfolio manager and chief investment officer at PWL Capital, is an evidence-based investment expert who translates academic financial research into practical decision-making that is understandable to the average person.

U.S. New Mexico has asked a court to label Meta a public nuisance and make it pay $3.7 billion over alleged harm to young users. The state also wants major changes to Facebook and Instagram, while Meta argues the demands are too extreme and could force it to stop operating there.

GameStop has launched a surprise $55.5 billion cash-and-stock bid to acquire eBay in what would be one of the most ambitious takeover attempts in recent memory.