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According to Bloomberg, China confirmed that Trump will pay a state visit to Beijing from May 13 to 15, Xinhua reported Monday, citing a Foreign Ministry spokesperson. The summit — the first US presidential trip to China in nearly a decade — had been delayed once due to the now three-month-old Iran war. Key agenda items include Iran and the reopening of the Strait of Hormuz, an extension of the October trade truce covering rare earth exports, and Taiwan. An American business delegation including Blackstone CEO Steve Schwarzman and Citigroup CEO Jane Fraser is expected to accompany Trump, with a series of commercial deals anticipated.

Binance has released its May proof of reserve update. As of May 1st, users' net BTC balance stood at 606,742.388 BTC, while Binance's wallet balance was 608,067.979 BTC, resulting in a BTC reserve ratio of 100.22%.
Additionally, users' net ETH balance was 3,762,321.834 ETH, with Binance's wallet balance at 3,762,328.82 ETH, giving an ETH reserve ratio of 100%. The USDT reserve ratio was 104.27%, and the BNB reserve ratio was 101.68%.

Payward is reportedly in the process of securing a new funding round, aiming for a valuation of $20 billion. According to NS3.AI, this move comes as the company seeks to expand its operations and enhance its market position. The funding round is expected to attract significant interest from investors, given Payward's strong performance and growth potential in the industry. Details regarding the specific investors or the timeline for the funding round have not been disclosed. Payward's strategic focus on innovation and market expansion is likely to be a key factor in its pursuit of additional capital.

Piper Sandler analyst Alexander Potter has reaffirmed a $500 price target for Tesla, suggesting that investors purchasing shares around the current $420 price are essentially acquiring the company's Optimus humanoid robot at no additional cost. According to NS3.AI, Potter's analysis is based on a 20-year discounted cash flow model, which values Tesla's 17 existing product lines at approximately $400 per share, excluding the anticipated contribution from the Optimus robot.

XRP broke through the $1.45 resistance level that had capped the token's rallies for weeks, surging 2.5% and outperforming both Bitcoin and Ether in the process. The breakout came on one of the largest volume spikes seen in weeks — a sign that larger players rather than retail traders were behind the move — before profit-taking emerged near the psychologically significant $1.50 level and pulled price back toward the breakout zone.
What happened: a fast, volume-driven breakout
XRP climbed from $1.4176 to a session high of $1.5073 over the 24-hour period, trading within a 6.5% range. The decisive moment came during the 16:00 to 17:00 UTC window on May 10, when volume surged above 169 million units and price pushed cleanly through the $1.4450 level that had repeatedly rejected upside attempts since April.
The volume signature matters. When a breakout through long-standing resistance arrives on a sudden, concentrated volume spike rather than a gradual build, it typically indicates institutional or large-account positioning rather than retail momentum chasing. That kind of participation tends to produce more durable breakouts — though it does not guarantee the move holds on the first attempt.
XRP reached a session high of $1.5073 before sellers stepped in near the $1.50 psychological level, triggering short-term profit-taking that pulled price back toward the $1.45 breakout zone. Despite the pullback, XRP closed the session holding above the prior resistance area — a constructive sign that keeps the broader bullish structure intact.
Why $1.45 breaking matters
The $1.45 level had rejected every significant rally attempt since April, making it the clearest line of supply in XRP's recent price structure. Each failed breakout attempt at that level depleted some of the selling interest sitting there — a process that typically precedes a genuine breakout when volume finally arrives to absorb the remaining supply.
Traders had been tracking XRP's tightening range for days ahead of the move. Multiple analysts had flagged bull flag and triangle formations building beneath resistance, and thin liquidity conditions across major exchanges had raised expectations that any confirmed breakout would produce exaggerated moves. That is largely what occurred — the breakout accelerated quickly once the $1.45 ceiling gave way, and the pullback from $1.5073 was similarly sharp.
Key levels: where the trade stands now
The $1.44 to $1.45 zone is now the critical support area to watch. As long as XRP holds above that band, the breakout structure remains technically valid and the bullish case stays intact. A sustained move back above $1.50 — clearing the level that prompted Friday's profit-taking — would shift near-term focus toward $1.56, a level several analysts have identified as the next meaningful resistance on the way higher.
Beyond $1.56, the broader target that has appeared consistently in analyst commentary sits in the $1.80 area, tied to the bull flag and falling wedge formations that have been building on higher timeframes.
The downside scenario is equally clear. A failure back below $1.44 would invalidate the breakout and raise the probability of a retracement toward the $1.38 to $1.40 range — the prior consolidation zone XRP spent weeks building before Friday's move.
The bigger picture
XRP's breakout arrives in a broader market context that is increasingly supportive for altcoins. Bitcoin has been holding above $80,000, the Senate is scheduled to vote on the CLARITY Act this week — described by analysts as the most significant crypto legislation in years — and risk appetite across financial markets has been elevated following a strong jobs report and record equity highs. XRP specifically has benefited from continued ETF inflow interest and thinning order-book liquidity that amplifies directional moves.
Whether Friday's breakout marks the beginning of a sustained move toward $1.56 and beyond, or resolves as a false break that gets reclaimed below $1.44, will likely be determined by whether the volume that drove the initial move returns to defend the breakout zone in the sessions ahead.

OpenAI co-founder and former chief scientist Ilya Sutskever has revealed that his stake in the company is valued at approximately $7 billion, positioning him as one of the largest individual shareholders in the artificial intelligence startup. Bloomberg posted on X, highlighting Sutskever's substantial investment in OpenAI, which is renowned for developing the popular AI tool, ChatGPT. This valuation underscores the growing influence and financial success of AI-driven enterprises in the tech industry. OpenAI continues to be a pivotal player in advancing artificial intelligence technologies globally.

Crypto lawyer Gabriel Shapiro has warned that Anthropic's recent stock crackdown could lead to significant litigation, according to BeInCrypto. On May 11, Anthropic declared all secondary share trades on platforms like Forge and Hiive void, requiring explicit board approval for any share movement. This aggressive stance, which nullifies beneficial interests and tokenized securities, could leave downstream buyers without recourse under Delaware law. Meanwhile, Anthropic launched its Claude Platform on Amazon Web Services, offering enterprise access to its APIs, following a substantial investment from Amazon.

Stream Finance has announced a wind-down process over six months following a $93 million loss linked to the depegged xUSD token. According to NS3.AI, the company is considering strategic options to consolidate, liquidate, and distribute assets, requiring participation from customers and creditors. A Delaware filing indicates that Stream Soft Holding Company was established on March 20, 2026, with creditor inquiries directed to Cooley LLP restructuring associate Jeremiah Ledwidge.

According to the announcement from Binance, the platform is set to expand its trading options by introducing new trading pairs on Binance Spot. Trading for MEGA/U, TON/U, and TON/USD1 pairs will commence on 2026-05-12 at 08:00 (UTC). Additionally, Binance will activate Trading Bots services for these pairs at the same time, enhancing the trading experience for users. The introduction of these pairs aims to provide more choices for traders and improve overall market liquidity.
Binance will also implement a zero fee promotion for eligible users trading on U spot and margin pairs, specifically MEGA/U and TON/U. This promotion will begin on 2026-05-12 at 08:00 (UTC) and will continue until further notice. During this period, users will benefit from zero maker fees, although standard taker fees will still apply. The trading volume from these pairs will contribute to users' VIP tier volume calculations. Standard trading fees will resume once the promotion period ends, and users are encouraged to review the trading fee structure for detailed information.
Eligibility to trade these new pairs is subject to the user's country or region of residence. Currently, users from Canada, Cuba, Crimea Region, Iran, Netherlands, North Korea, Syria, the United States and its territories, and non-government controlled areas of Ukraine are restricted from participating. Binance reserves the right to modify the list of restricted countries in accordance with legal and regulatory changes. Users must complete account verification to engage in trading these pairs. Binance emphasizes that all trading activities are monitored to prevent dishonest behavior, and reserves the right to disqualify users involved in such activities. The platform retains the discretion to amend or cancel promotions without prior notice.

Keel Infrastructure has reported a net loss of $145 million for the first quarter of 2026, with revenue dropping 23% year over year to approximately $37 million. According to NS3.AI, the company, formerly known as a Bitcoin miner, has completed its rebranding and redomiciliation to the United States, becoming the parent company of Bitfarms as of April 1. Keel Infrastructure stated that it has around $533 million in liquidity, which is expected to support its three priority AI/HPC sites through lease execution in 2026.

Amazon is set to launch its inaugural Swiss franc bond sale, structured as a six-part offering with maturities ranging from three to 25 years. According to NS3.AI, an Amazon representative stated that the funds raised will be allocated towards general business purposes, which include investments, capital expenditures, and addressing upcoming debt maturities.

About 17 U.S. business leaders are set to join U.S. President Donald Trump in Beijing this week. According to NS3.AI, approximately 40% of the delegation has exposure to digital assets. The group includes executives from major companies such as BlackRock, Tesla, Visa, and Mastercard.

SUI experienced a significant 50% increase in value over the past week, driven by substantial staking activities and strategic collaborations. According to NS3.AI, SUI Group Holdings staked over 108 million tokens, valued at more than $143 million, contributing to the price rise from approximately $0.94 on May 4 to $1.41 by Sunday. Concurrently, trading volume surged from over $213 million to more than $2.5 billion.Mysten Labs announced the upcoming rollout of zero-fee stablecoin transfers and reaffirmed plans for private transactions, enhancing the platform's appeal. Additionally, Paga Group has partnered with Sui to facilitate cross-border transfers and develop stablecoin products, further strengthening SUI's market position.

Sui Network has expanded its ecosystem with the introduction of a new real-world asset (RWA) application. According to ChainCatcher, Creek Finance has launched its core protocol on the Sui mainnet, integrating the XAUm gold token developed by Matrixdock.

The protocol enables users to split, collateralize, lend, trade, and generate yields from tokenized physical gold on-chain, facilitating DeFi operations centered around gold assets. XAUm is backed 1:1 by physical gold and is verified through third-party audits and an on-chain reserve proof mechanism.

Creek Finance stated that this launch signifies the completion of its core contract deployment, allowing users to engage in leverage and yield strategies based on gold assets in a permissionless environment, further expanding the application scenarios of RWA in DeFi.

The Ethereum Foundation has disclosed the outcomes of a recent interoperability meeting held in the Svalbard Islands, Norway, focusing on the next phase of the Glamsterdam upgrade. According to Odaily, core developers collaborated on network expansion and execution layer optimization, achieving progress in several areas. Developers have agreed on a 'trusted path' following Glamsterdam, based on ePBS, BAL optimization, and EIP-8037 repricing mechanisms.

In the execution layer, the ePBS architecture has been running stably in the multi-client Glamsterdam-devnet, with external block builder processes completing end-to-end testing across nearly all client implementations. Meanwhile, EIP-8037 has been finalized, establishing a fixed cost_per_state_byte model, and has completed full repricing parameter output in bal-devnet-6.

The expansion direction 'Hegotá' has also seen progress. The FOCIL prototype is operational, and the scope of account abstraction (AA) requirements has been defined, moving into the multi-client testnet verification phase. The current focus remains on the final implementation of Glamsterdam, while advancing Hegotá's design and subsequent Strawmap evolution. The testnet is live, and features like FOCIL are expected to deepen in the next testing phase.

Organizationally, the interop meeting marked the start of leadership restructuring within the Protocol Cluster. New leaders include Will Corcoran, Kev Wedderburn, and Fredrik. Will Corcoran will oversee zkVM proof and post-quantum consensus coordination, Kev Wedderburn will lead zkEVM development, and Fredrik will handle protocol security and the Trillion Dollar Security project. Former Protocol Cluster leaders Barnabé Monnot and Tim Beiko will gradually step down from management roles, while Alex Stokes enters a leave period. The foundation noted that during their tenure, Protocol achieved modular advancement, facilitated the Fusaka upgrade launch in December 2025, introduced PeerDAS, and enhanced mainnet gas capabilities.

Michaël van de Poppe expressed skepticism about Bitcoin forming a bear flag and reaching a bottom in October of this year. According to NS3.AI, he noted that the current Bitcoin price base appears robust and distinct from the 2022 bear market. Van de Poppe highlighted several bullish factors that could potentially support Bitcoin's performance.

Anchorage Digital has announced its decision to take a less prominent role in the USDG stablecoin consortium, which currently has a token with approximately $3 billion in circulation. According to NS3.AI, CEO Nathan McCauley stated that the custody firm aims to adopt a more neutral position on stablecoins as it collaborates with various white-label issuers.

In a lawsuit involving OpenAI, Microsoft CEO Satya Nadella testified in the U.S. Federal Court in Oakland, California. According to Odaily, the case centers on legal disputes regarding OpenAI's nonprofit structure and commercialization path. The lawsuit was filed by Elon Musk in 2024, accusing Microsoft of aiding and abetting the violation of charitable trust obligations during OpenAI's transition from a nonprofit organization to a commercial entity. Microsoft has been a strategic investor in OpenAI since 2019, with total investments reaching approximately $13 billion by 2023, making it one of OpenAI's most significant external supporters.

During the trial, Nadella reviewed the early collaboration between Microsoft and OpenAI, highlighting their deep technical and computational cooperation established before the release of ChatGPT. Musk, in his previous testimony, stated that Microsoft's additional $10 billion investment in OpenAI in 2023 was a pivotal factor in his decision to file the lawsuit, claiming that this investment altered OpenAI's original nonprofit orientation. Musk expressed concerns that OpenAI was being transformed into a commercial tool and questioned Microsoft's potential dominance in the development of artificial general intelligence (AGI), suggesting that its close ties with OpenAI could impact industry competition.

The case is still ongoing, with debates over OpenAI's governance structure, nonprofit status, and control within the AI industry expected to continue.

According to CoinMarketCap data, the global cryptocurrency market cap now stands at $2.7T, up by 0.2% over the last 24 hours.Bitcoin (BTC) traded between $80,280 and $82,479 over the past 24 hours. As of 11:00 (UTC) today, BTC is trading at $80,919, up by 0.12%.Most major cryptocurrencies by market cap are trading mixed. Market outperformers include OSMO, SAGA, and MOVE, up by 131%, 18%, and 12%, respectively.Bitcoin Surges to $82K as Trump Rejects Iran Deal and Confirms Beijing Summit — The Most Consequential Week of 2026 BeginsBitcoin cleared $82,000 on a short squeeze triggered by Trump's Iran rejection, then held the level as China confirmed a May 13–15 state visit — setting up a week of simultaneous catalysts: CPI and PPI inflation prints, the Trump-Xi summit on trade and Hormuz, a Senate vote on Warsh's Fed confirmation, and the CLARITY Act markup that could be the most significant crypto legislation in years.Beneath the bullish price action, US consumer sentiment just hit an all-time survey low of 48.2 — even as the Nasdaq hit records and Bitcoin posted its best April in a year — a widening Wall Street-vs-Main Street divide that may be the most important macro tension of the second half of 2026.China Sets May 13-15 Dates for Trump State VisitKey Takeaways:China confirmed Trump will make a state visit to Beijing from May 13–15 — the first US presidential trip to China in nearly a decadeKey agenda items: Iran and the Strait of Hormuz reopening, extension of the October trade truce covering rare earth exports, and TaiwanA US business delegation including Blackstone CEO Steve Schwarzman and Citigroup CEO Jane Fraser is expected to accompany Trump, with commercial deals anticipatedThe summit had been delayed once due to the Iran war — its confirmation signals both sides see the diplomatic window as viableSummary:The Trump-Xi summit is the week's most consequential geopolitical event for markets. A Hormuz resolution requires Iranian cooperation, and China — as Iran's largest oil customer — holds significant influence over Tehran's calculus. Any signal that Beijing is actively pressuring Iran toward a deal would be a major positive catalyst for oil prices and risk assets. The rare earth trade truce extension matters separately: rare earth export restrictions have been a direct threat to the AI infrastructure buildout driving Nasdaq and Bitcoin higher, and any progress there removes a structural supply-chain risk from the market's biggest growth narrative.Binance Releases May Proof of Reserve Update, BTC Reserve Ratio Reaches 100.22%Key Takeaways:As of May 1, Binance's BTC reserve ratio stood at 100.22% — wallet balance of 608,067.979 BTC against user net balance of 606,742.388 BTCETH reserve ratio: 100% (3,762,328.82 ETH held vs 3,762,321.834 ETH in user balances)USDT reserve ratio: 104.27%; BNB reserve ratio: 101.68% — all major assets fully or over-collateralizedSummary:Binance's May proof of reserve update shows all major assets at or above 100% collateralization — a clean bill of health that matters most in the context of the exchange's dominant $149B reserve position confirmed in April's CoinMarketCap report. With proof-of-reserve transparency increasingly a baseline institutional expectation post-FTX, consistent monthly disclosures above 100% are a structural trust signal that reinforces Binance's position as the default venue for institutional-scale activity.Key Macro Events and Market Focus This WeekKey Takeaways:US CPI (Monday) and PPI (Tuesday) are the week's defining inflation prints — softer readings could push real yields lower and provide a structural tailwind for crypto; hotter readings reinforce the Fed's holdTrump-Xi Beijing summit (May 13–15) covers tariffs, rare earths, and the Middle East — markets will watch for any concrete Hormuz or trade truce progressSenate Banking Committee CLARITY Act markup (Thursday) could be the most significant piece of US crypto legislation to advance in years, addressing how digital assets are classified and regulatedBitcoin is holding above $80,000 with volatility near yearly lows and the VIX around 18; $84,000 is identified as the next key resistance levelDespite last week's ETF outflows, Bitcoin's range-bound behavior above $80K signals consolidation rather than distributionSummary:No week in 2026 has packed this many simultaneous market-moving catalysts into five trading days. CPI and PPI set the Fed tone; the Beijing summit sets the geopolitical tone; and the CLARITY Act markup sets the regulatory tone — all within 72 hours of each other. Bitcoin above $80K with low volatility heading into this convergence is the most favorable possible starting position: it means the market isn't pricing in perfection, which leaves room for upside surprises without the risk of a crowded-trade unwind if one catalyst disappoints.Bitcoin and Nasdaq Hit Record Highs While US Consumer Sentiment Crashes to All-Time LowsKey Takeaways:University of Michigan consumer sentiment hit a preliminary record low of 48.2 in May — down 7.7% year-on-year — even as the Nasdaq climbed 22% to 23,235 and Bitcoin rose ~18% since AprilOne-third of survey respondents cited surging gas prices as their biggest concern; another third pointed to tariffs — inflation and cost-of-living pressures are dominating household sentiment~30% of American adults own crypto; ~62% have owned stocks — but paper gains feel abstract against daily energy and grocery cost increasesBitcoin's institutionalization via ETFs has tightened its correlation with the Nasdaq, meaning it now moves with professional capital allocation cycles rather than retail sentimentBank of America now forecasts no Fed rate cuts until H2 2027 — removing a traditional support mechanism for risk assets if consumer weakness eventually hits corporate earningsSummary:The record consumer sentiment low alongside record equity and crypto highs is the defining macro paradox of 2026. The explanation is structural: Bitcoin's ETF-driven institutionalization has decoupled its price from retail sentiment and tied it to professional capital allocation cycles instead — the same AI and tech earnings boom driving the Nasdaq is driving BTC. The risk is the transmission lag: consumer spending is 70% of US GDP, and a consumer this pessimistic eventually pulls back enough to drag corporate earnings lower. When that happens, the institutional capital that bid up both the Nasdaq and Bitcoin will rotate out of risk simultaneously. The question is timing — and Bank of America's H2 2027 rate cut forecast suggests the Fed won't provide a buffer when it does.Bitcoin Surges Past $82,000 After Trump Rejects Iran Peace Deal — Senate Votes This Week Could Push HigherKey Takeaways:Bitcoin fell from $81,430 to $80,520 within 45 minutes of Trump posting "TOTALLY UNACCEPTABLE" in response to Iran's counteroffer — then surged 2.3% to $82,347 within three hoursThe whipsaw triggered a short squeeze: nearly $64M in short positions liquidated in the four hours following Trump's post, adding mechanical fuel to the rallyOil rose 4.6% to $98.7/bbl on Trump's rejection; S&P 500 futures rose a more modest 0.13%Bitcoin is up 29.7% since the war began on February 28 — outperforming both the S&P 500 and gold over that periodSenate vote on Warsh's Fed confirmation Monday and CLARITY Act Banking Committee markup Thursday are the week's two most significant crypto-adjacent legislative catalysts10x Research CEO Markus Thielen: "Both events lean bullish for Bitcoin — regulatory clarity reduces institutional friction, and a smooth Fed transition avoids policy uncertainty"Summary:The Iran rejection-to-short-squeeze sequence is now a repeating pattern — every failed peace signal triggers a dip, every recovery triggers a squeeze, and Bitcoin ends up higher each time. The more important story is the 29.7% gain since the war began: Bitcoin has quietly outperformed gold as a geopolitical hedge over the same period that the conflict has been the primary macro headwind for risk assets. This week's Senate votes on Warsh and the CLARITY Act add legislative momentum to an already constructive setup — if both pass cleanly, Bitcoin gets simultaneous monetary policy certainty and regulatory clarity for the first time this cycle. Market movers:ETH: $2336 (+0.30%)BNB: $652.4 (+0.21%)XRP: $1.4516 (+1.81%)SOL: $95.24 (+0.77%)TRX: $0.3508 (+0.37%)DOGE: $0.10989 (+1.00%)WBTC: $80709.17 (+0.11%)U: $1 (+0.00%)ADA: $0.2776 (+1.91%)XAUT: $4655.73 (-1.16%)

Ondo Finance has announced that its platform, Ondo Global Markets, has surpassed $1 billion in total value locked (TVL), marking it as the first tokenized stock and ETF trading platform to reach this milestone. According to Odaily, the platform has been operational for less than eight months, with its TVL doubling since January 2026. It has also achieved approximately $18 billion in trading volume. Data from RWA.xyz indicates that Ondo Global Markets holds over 70% market share in the tokenized stock issuance sector.

American Bankers Association CEO Rob Nichols has called on bank CEOs to exert pressure on senators prior to the Senate Banking Committee's scheduled markup of the Digital Asset Market Clarity Act on May 14. According to NS3.AI, the contention revolves around a compromise that prohibits passive yield on stablecoin balances while permitting narrowly defined activity-based rewards. Bank trade groups have highlighted a Treasury estimate indicating potential deposit outflows of up to $6.6 trillion if yield is allowed.

Robert Kiyosaki, author of 'Rich Dad Poor Dad,' has warned that the global economy is heading for a crash in 2026, according to BeInCrypto. He identifies silver as one of the best current investments, citing its role as a real asset that fiat money cannot replicate. Kiyosaki ties his prediction to the 'Everything Bubble' he mentioned in his 2002 book, 'Rich Dad’s Prophecy,' and blames $39 trillion in US debt and a weak dollar. Despite mainstream forecasts of moderate growth, Kiyosaki sees the downturn as an opportunity for those holding real assets like silver, which he predicts could reach $200 by 2026.

Sam Woods, Deputy Governor of the Bank of England and Chief Executive of the Prudential Regulation Authority, has indicated that it is reasonable to anticipate considerable disruption to the UK's financial services sector due to the influence of AI technologies such as ChatGPT and Mythos. According to Jin10, Woods emphasized the potential impact these AI systems could have on the industry, suggesting that financial institutions should prepare for changes in operational processes and customer interactions. The integration of AI into financial services is expected to bring both challenges and opportunities, necessitating strategic adjustments to maintain competitiveness and compliance.

Nvidia (NVDA) shares rose nearly 5% on Monday, despite reports that CEO Jensen Huang will not join President Donald Trump on his upcoming trip to Beijing, according to BeInCrypto. The exclusion of Huang from the delegation is seen as inconsequential by Wall Street, as Nvidia's market share for advanced AI accelerators in China has already collapsed to zero due to U.S. export restrictions. Analysts believe the stock's performance reflects investor focus on AI demand outside China, rather than any potential policy changes from the summit. Nvidia's recent revenue success and ongoing demand from hyperscale buyers continue to support its bullish outlook.

U.S. President Donald Trump met with his national security team on Monday to discuss potential military actions against Iran following stalled negotiations over the weekend. According to Odaily, Trump is seeking an agreement to end the conflict, but Iran has rejected his demands and refused to make significant concessions on its nuclear program, bringing military options back into consideration.

Trump has recently threatened to bomb Iranian infrastructure if diplomatic efforts fail. Officials mentioned that one option includes targeting 25% of the identified but yet unstruck military targets. U.S. officials stated that Vice President Vance, U.S. Special Envoy Witkoff, Secretary of State Rubio, Defense Secretary Hegseth, Chairman of the Joint Chiefs of Staff General Dan Kane, CIA Director John Ratcliffe, and other senior officials are expected to attend the meeting on Iran.

Large financial movements have been observed on the prediction market Polymarket, according to ChainCatcher's monitoring of on-chain data. A significant whale investor has placed a single bet of $184,268.46 on SSC Napoli in the 'SSC Napoli vs. Bologna FC 1909' event. Based on the current transaction price, the latest implied probability of SSC Napoli winning stands at 64%.

Sky Protocol announced the resumption of the USDS OFT cross-chain on Solana, following a security review prompted by an rsETH vulnerability. According to Foresight News, the Sky Protocol and USDS contracts remained unaffected during the review, with USDS maintaining full collateralization, verifiable through on-chain data. The suspension was a precautionary measure. The cross-chain bridging on Avalanche will resume after further review.

The market anticipates a significant increase in inflation due to the combined impact of energy shocks and technical adjustments in housing data. According to Jin10, despite multiple attempts by the U.S. and Iran to move towards peace in April, issues regarding passage through the strait remain unresolved. Nominal CPI may reach a three-year high due to energy factors. Meanwhile, rent sampling and airline ticket prices are emerging as new drivers of inflation, challenging the perception of cooling in core inflation.

Audemars Piguet and Swatch have unveiled a new collaboration called "Royal Pop," inspired by the Royal Oak design and priced at approximately $500. According to NS3.AI, this announcement has sparked criticism from collectors who regard Audemars Piguet as a luxury status symbol. Data from SwissWatchExpo and Le Watch Buyers, as reported by Borro, indicates that Audemars Piguet's resale prices have increased by 3.4% this year, compared to 16% for Patek Philippe and 8% for Rolex.

Circle CEO Jeremy Allaire officially confirmed the ARC token airdrop plan during the company's Q1 2026 earnings call. According to Foresight News, Allaire stated that 60% of the initial ARC token supply will be allocated to the ecosystem, including token sales, developer incentives, airdrops, and other network growth initiatives. Both Circle and the broader community will be involved, with multiple deployment options for these tokens in the future. CFO Jeremy Fox-Geen added that Circle typically attaches performance conditions to ecosystem incentive grants, and the token value is recorded as financial income upon distribution, with corresponding entries on the cost side.

Global energy supply tensions have intensified amid ongoing disruptions in the Hormuz Strait. According to Odaily, Saudi Aramco issued a strong warning in its latest financial report, highlighting the unprecedented scale of the current impact.

CEO Amin Nasser stated in a Monday meeting that if the critical passage remains closed, global oil supply could decrease by approximately 100 million barrels per week. Since the onset of the conflict, the cumulative shortfall has reached about 1 billion barrels. While some losses have been mitigated through the release of strategic petroleum reserves and alternative transport routes, Nasser emphasized, "We are facing the largest energy supply shock in global history."

The impact of this disruption is extending over a longer period. The Hormuz Strait previously handled about one-fifth of the world's oil and gas transport. If the reopening is delayed by several weeks, the market's supply-demand balance may not be restored until 2027. This disturbance is no longer limited to short-term fluctuations but poses a sustained pressure on the global supply system.

Iris Energy has released its latest financial results, leading to a surge in its stock price. According to PANews, the company has dismantled 5,800 mining machines and recorded an impairment charge of $140 million. Iris Energy is shifting its focus towards AI computing and has secured a $3.4 billion contract with NVIDIA. Additionally, the company is selling all the Bitcoin it mines daily.

U.S. President Donald Trump has expressed serious consideration of designating Venezuela as the 51st state of the United States. According to Odaily, Trump also commented on the situation with Iran, stating that no one currently wants to be the President of Iran. He criticized Iranian negotiators for frequently changing their positions and accused them of lacking integrity. Trump described Iran as a beautiful country but criticized its current leadership as incompetent.

A source close to the Iranian negotiation team revealed that Iran has set a clear deadline for the unfreezing of its frozen funds in its proposal. The U.S. proposal includes the unfreezing of these funds, but Iran insists that this must occur within a specified timeframe. An advisor to Iran's Supreme Leader remarked that Trump's desire to take advantage of the current "calm" situation is naive.

Solana's core development team, Anza, announced that the Alpenglow consensus mechanism has been launched on the community test cluster. According to Foresight News, this mechanism operates on validator node infrastructure and has officially entered the testing phase before its mainnet launch. Anza describes this as the largest consensus mechanism change in Solana's history and is currently inviting more validator node operators to participate in the community cluster testing.

The Trump administration is set to temporarily lower tariffs on beef imports in an effort to address rising beef prices, according to a report by the Wall Street Journal. Bloomberg posted on X that the move is expected to take effect as soon as Monday. This decision comes amid growing concerns over the cost of beef, which has been impacting consumers and the food industry. The administration aims to alleviate some of the financial pressure by adjusting import tariffs, although the duration and specific details of the tariff reduction have not been disclosed. This measure is part of a broader strategy to stabilize food prices and support the domestic market.

Bitcoin mining company and AI cloud service provider IREN has announced plans to issue $2 billion in convertible senior notes due in 2033 through a private placement to qualified institutional buyers. According to Foresight News, initial buyers will have the option to purchase up to an additional $300 million within 13 days of the initial issuance. The notes will mature on December 1, 2033, with interest paid semi-annually. The interest rate and initial conversion price will be determined at the time of pricing. IREN intends to use part of the proceeds for capped call transactions, with the remainder allocated for general corporate purposes and working capital.

U.S. President Donald Trump announced that the ceasefire with Iran is on "massive life support" following his rejection of Tehran's peace proposal. CNN Breaking News posted on X, highlighting the escalating tensions in the Strait of Hormuz. The situation remains volatile as both nations navigate the complexities of diplomatic relations in the region. The rejection of the proposal has raised concerns about potential conflicts and the stability of international shipping routes through the strategic waterway. Observers are closely monitoring developments as the situation unfolds.

According to NS3.AI, CryptoQuant has observed that the altcoin market is gaining momentum for a potential rally. The firm noted an increase in short-term altcoin trading volume on centralized exchanges compared to its long-term average. This trend indicates a shift in capital from major cryptocurrencies to smaller and mid-cap altcoins.

U.S. President Donald Trump has indicated that oil and gasoline prices are expected to decrease significantly once the ongoing issues with Iran are resolved. According to NS3.AI, this statement suggests that a resolution could lead to lower energy costs, although no specific policy actions or agreements have been announced.

U.S. President Donald Trump stated that the spread of the hantavirus appears to be more challenging than initially thought. According to Odaily, Trump remarked that the transmission of the hantavirus does not seem easy.

Trump also mentioned that once issues with Iran are resolved, gasoline and oil prices are expected to plummet.