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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.

Grayscale is reportedly planning to introduce an ETF focused on Cardano by the end of 2026. According to ChainCatcher, the ETF is expected to trade under the ticker symbol GADA. This new product will convert Grayscale's existing Cardano Trust into a publicly listed ETF. If regulatory filings are activated by mid-August, it could trigger a streamlined review process by the SEC, potentially allowing trading to commence by late October 2026.

Recently, Grayscale has adjusted the asset allocation within its smart contract fund, increasing Cardano's weight from approximately 17.96% to 18.33%, while reducing exposure to other assets like Ethereum.

Analyst @ai_9684xtpa posted on X that the Trump team has transferred $12.09 million worth of tokens, equivalent to 4.915 million TRUMP, to Fireblocks after a three-month hiatus. The wallet address still holds 762 million TRUMP tokens, valued at $1.88 billion. The transfer marks a significant movement of assets within the blockchain network.

Alphabet, the parent company of Google, is planning to issue yen-denominated bonds for the first time, potentially aiding its investment efforts in the increasingly competitive artificial intelligence sector. According to Jin10, the tech giant is expanding its financing channels as it continues to lead in nearly all aspects of AI development. Alphabet has raised its capital expenditure forecast for this year, now planning to spend up to $190 billion, surpassing the previous estimate of $185 billion. This revised forecast is already double its expenditure in 2025.

Qianwen and Taobao have integrated to offer a new AI shopping experience. According to Odaily, users can open the Qianwen app to interact with AI for selecting, comparing, and purchasing products on Taobao. Additionally, by accessing the 'Qianwen AI Shopping Assistant' on the Taobao app, users can utilize features such as AI fitting, AI discount calculations, and AI price assistance. This marks the first deep integration between a large-scale global e-commerce platform and a top-tier AI model application.

Alibaba has pioneered the full AI shopping chain in the industry, achieving a complete process from product recommendation to order placement, fulfillment, and after-sales service. This development signifies a significant step for Alibaba in AI e-commerce.

Alphabet, the parent company of Google, is on the verge of overtaking Nvidia as the world's highest-valued company. According to ChainCatcher, Alphabet's stock has surged by 43% since October last year, while Nvidia's stock has increased by only 6.3% during the same period.

China's factory prices have experienced their most significant increase since July 2022, driven by the repercussions of the ongoing conflict in Iran. Bloomberg posted on X, highlighting that the war has led to rising costs for companies, impacting the overall economic landscape. Despite these pressures, consumer inflation remains controlled due to lower food prices, providing some relief to consumers. The situation underscores the complex interplay between global geopolitical events and domestic economic conditions, as businesses navigate the challenges posed by external factors.

Strategy CEO Phong Le announced on the X platform that the company's software business achieved its strongest performance in nearly a decade during the first quarter of 2026, with revenue increasing by 12%. According to Odaily, cloud business revenue grew by 59%, and profits rose by 27%. Le highlighted the unique synergy between the company's Bitcoin treasury and software business, noting that the software division's expertise in engineering, security, and compliance provides institutional-level capabilities to the Bitcoin operations, while the Bitcoin mission attracts talent and accelerates software innovation.

Additionally, the company has developed an AI data platform named Mosaic and plans to utilize multiple AI models over the next year to restructure internal processes and achieve system autonomy.

According to the announcement from Binance, the platform has introduced a new Word of the Day (WOTD) game, themed 'Binance Chat,' running from 2026-05-11 00:00 (UTC) to 2026-05-17 23:59 (UTC). This educational game aims to enhance users' crypto vocabulary and keep them informed about market trends. Participants can play up to two games daily, with those achieving at least three correct answers eligible to share a 15 BNB reward pool. The rewards will be distributed based on the proportion of correct answers, with a maximum cap of 0.01 BNB per user, and will be credited to the user's Rewards Hub by 2026-05-31 23:59 (UTC).

To enable a second game, users must click 'Get A New WOTD' after the first game and share the featured link on social media. The second game unlocks once the link is clicked by a logged-in user. Additionally, new users registering with the 'WOTD' referral code during the activity period will receive a 10% discount on Spot trading fees and may qualify for further rewards by completing tasks in the Rewards Hub within 14 days of registration.

Binance reserves the right to modify or cancel the promotion without prior notice and may update the list of eligible countries or regions. Participation is subject to Binance's terms and conditions, and users must complete account verification to be eligible for rewards. The platform also reserves the right to disqualify users engaging in dishonest behavior or fraudulent activities. The 10% Spot trading fee discount remains valid as long as the Binance referral program is active.

Bitcoin is experiencing an upward trend primarily driven by spot demand rather than leverage, according to ChainCatcher. Markus Thielen, founder of 10x Research, noted on social media that this structure is healthier compared to the crowded long positions seen earlier in the cycle. He highlighted continuous inflows into ETFs, significant rises in mining-related stocks, and a more optimistic outlook in the options market. Thielen also pointed out two key catalysts this week supporting Bitcoin and the broader altcoin market. With improved trading volumes and moderate capital inflows, the set target of $88,000 for Bitcoin appears achievable. The current total market capitalization of the crypto market stands at $2.69 trillion, marking a 2.7% increase from last week, while the average weekly trading volume is $123 billion, 2% above the average level.

OpenAI has permitted its employees to sell up to $30 million worth of shares each in a recent funding round. According to NS3.AI, last October, over 600 current and former employees sold a total of $6.6 billion in stock. Sources familiar with the situation indicated that approximately 75 individuals sold their entire $30 million allocation.

Bitcoin (BTC) surged past $81,000 over the weekend, with traders cautious as geopolitical tensions and key economic data loom. According to BeInCrypto, the next technical target for Bitcoin is $83,400, driven by Fibonacci projections and a rising RSI indicating momentum. This week, investors face crucial economic indicators including Tuesday’s Consumer Price Index (CPI), Wednesday’s Producer Price Index (PPI), and Thursday’s retail sales data. Additionally, Donald Trump’s recent comments on Iran add geopolitical risk, potentially impacting Bitcoin’s trajectory. Jerome Powell’s final day as Federal Reserve Chair on Friday adds further uncertainty.

OpenAI employees have become some of the first to significantly cash out amid the artificial intelligence boom, according to the Wall Street Journal. Over 600 current and former employees of OpenAI have sold their shares, as reported by sources familiar with the matter.

PANews posted on X (formerly Twitter). The upcoming week will see significant economic events, including the release of the U.S. Consumer Price Index (CPI) data for April. Additionally, the U.S. Senate is set to vote on a motion to end the debate on Kevin Warsh's nomination as Chair of the Federal Reserve. The Senate Banking Committee will also conduct a hearing on the CLARITY Act. Furthermore, the FT-Digital Assets Summit 2026 is scheduled to take place next week.

According to Jin10, a report by CITIC Securities indicates that U.S. nonfarm payrolls in April 2026 exceeded expectations, while the unemployment rate met expectations at 4.3%. The report suggests that the April data better reflects the current state of the U.S. job market compared to the previous two months. This is attributed to fewer one-time factors in April, a higher response rate from companies, and the smallest impact from the birth-death model in the last four months.

On the demand side, the U.S. job market in April showed overall resilience with marginally increased layoff pressures. On the supply side, while the labor force participation rate and employment-to-population ratio declined, the participation rate for those aged 25-54 remained stable. This indicates that the decline is not due to a large-scale exit of core labor but rather the effects of aging and retirement.

Regarding Federal Reserve monetary policy, CITIC Securities maintains its previous view that if the situation in Iran stabilizes and oil prices fall, leading to a cooling of inflation expectations, there could be a baseline scenario of a 25 basis point rate cut in the second half of the year after Kevin Warsh takes over.

Microsoft's security research team has identified a cyberattack strategy that has been in operation since late 2025, according to PANews. The attackers have been publishing fake macOS troubleshooting guides on platforms such as Medium, Craft, and Squarespace. These guides, which address common user issues like freeing up disk space or fixing system errors, trick users into running malicious terminal commands. Once executed, these commands automatically download and run malware designed to steal cryptocurrency wallets, iCloud data, and passwords saved in browsers. This social engineering technique, known as ClickFix, bypasses macOS's Gatekeeper security mechanism because the victims voluntarily execute the commands.

Mysten Labs co-founder and Chief Product Officer Adeniyi Abiodun announced on the X platform that confidential transactions will be launched on the Sui network this year. According to PANews, these transactions aim to provide large-scale, free, and privacy-protected payments.

On May 11, a significant movement of Ethereum was detected. According to BlockBeats On-chain Detection, a whale known for losing $230 million in February due to a liquidation on Hyperliquid has transferred all of its Ethereum holdings to a centralized exchange (CEX) over the past four days. The whale moved 577,000 ETH to the CEX, with the final transfer of 225,000 ETH occurring five hours ago.

Despite these transfers, the whale still holds 11,500 BTC on-chain. This Bitcoin holding is valued at approximately $934 million. The whale's actions have attracted attention due to the scale of the transfers and the previous financial loss experienced earlier this year.

HyperInsight data reveals that Loracle, an early contributor to Hyperliquid, has fully closed a Bitcoin long position valued at $1,034,643.01. According to NS3.AI, the tracked address associated with this transaction was 0x8def9f50456c6c4e37fa5d3d57f108ed23992dae.

Ark Invest's Lorenzo Valente has expressed confidence that the CLARITY Act will be passed before summer, following the Consensus 2026 event. According to NS3.AI, Valente noted that institutions played a significant role at the event, with stablecoins, tokenization, internet banking, and permissioned DeFi emerging as key themes.

The market capitalization of LienFi's token, LFI, on the Base chain has exceeded $10 million, reaching an all-time high of $10.36 million. According to ChainCatcher, the token experienced a 24-hour increase of 61.2%.

LienFi claims to be developed by a team from one of the largest property tax lien hedge funds in the United States. The project aims to address the operational challenges and significant knowledge barriers faced by ordinary investors attempting to benefit from property tax liens.

CoinMarketCap's Altcoin Season Index is currently at 51, which is below the threshold of 75 that defines an altcoin season. According to NS3.AI, this index evaluates the 90-day performance of the top 100 cryptocurrencies, excluding stablecoins and wrapped coins, in comparison to Bitcoin. The current level suggests a neutral market condition, indicating that altcoins are not outperforming Bitcoin significantly.

Wagyu developer PerpetualCow clarified on social media that screenshots circulating online clearly state that XMR1 token holders can withdraw through Terminal instead of the old cross-chain UI. According to Foresight News, some users misunderstood this as a rug pull. Currently, no users have reported issues with withdrawals, and the swap screenshot itself explains the withdrawal method.

Previously, some community members expressed concerns on social media, suggesting that Wagyu might be involved in a rug pull, potentially locking XMR deposits and showing other signs of a honeypot.

Australia is set to unveil a budget this week with a smaller deficit than initially expected, driven by unexpected fiscal revenue growth from rising commodity prices. According to Jin10, the government aims to improve its fiscal situation while implementing politically risky reforms without exacerbating inflation. Despite these efforts, Australia's budget is projected to remain in deficit for the coming years, with Middle East conflicts casting a shadow over economic prospects. In response to the energy shocks caused by the war, the Reserve Bank of Australia has raised interest rates three times this year and warned of continued sluggish economic growth and rising unemployment.

Ahead of the release of the fifth budget on Tuesday, Australian Treasurer Jim Chalmers emphasized that the budget will adhere to principles of responsibility, with savings outweighing new expenditures. It will also maintain ambition by addressing intergenerational inequality through tax reforms. Chalmers stated, "People should not expect large-scale, short-term cash stimulus measures in the budget. It will be a very responsible budget, with strict control over spending."

Samsung Electronics has been ranked 14th in the world in terms of market capitalization, with a valuation of $1.12 trillion. According to NS3.AI, this places Samsung behind Bitcoin, which holds the 11th position globally.

Spot silver has expanded its intraday gains to 1%, currently trading at $81.15 per ounce. According to Jin10, this marks a notable increase in the precious metal's value.

Stripe is focusing on the AI agent economy, aiming to replace traditional payment infrastructure and redefine responsibility chains and transaction trust. According to PANews, the company is exploring new ways to integrate AI technology into its operations, potentially reshaping the landscape of digital payments.

On May 10, 2026, 22:34 PM(UTC). According to Binance Market Data, Bitcoin has crossed the 82,000 USDT benchmark and is now trading at 82,043.890625 USDT, with a narrowed 1.66% increase in 24 hours.

Hong Kong's online education sector experienced a downturn, with New Oriental (09901.HK) seeing a decline of over 5%. According to Jin10, other companies in the sector, including Siholdings Education (01769.HK) and NetDragon (00777.HK), also followed suit with downward trends.

Hong Kong's beverage stocks experienced a downturn, with Gu Ming (01364.HK) dropping over 4%. According to Jin10, other companies such as Hu Shang Auntie (02589.HK), Cha Bai Dao (02555.HK), and Mixue Group (02097.HK) also saw declines exceeding 2%.

Hong Kong's defense stocks experienced a notable increase, with Aerospace Holdings (00031.HK) climbing close to 7%. According to Jin10, China Shipbuilding Defense (00317.HK) and AVIC Industry (02357.HK) also saw gains, rising over 3%.

China's Shanghai Composite Index opened 0.51% higher at 4,201.35 points on Monday, surpassing the 4,200 mark and achieving its highest level in over ten years. According to NS3.AI, other major mainland indexes also experienced gains, with the STAR 50 Index increasing by 2.88% to reach 1,687.64 points.

Kuaishou Technology (01024.HK) shares continued to decline in the Hong Kong stock market, currently down more than 5%. According to Jin10, the trading volume has reached 1.5 billion Hong Kong dollars.

A large cryptocurrency holder has opened a leveraged position involving 78,000 SOL tokens, valued at $7.5 million, according to Odaily. The position uses three times leverage, with a liquidation price set at $36.05.

Iran has turned down the United States' peace proposal, leading to a notable impact on financial markets. According to NS3.AI, West Texas Intermediate (WTI) crude oil opened 3% higher on Monday following the news. U.S. President Donald Trump expressed dissatisfaction with Iran's latest response, labeling it as unacceptable. In reaction, U.S. stock index futures experienced a decline of approximately 0.3%. Meanwhile, Bitcoin saw a 1.59% increase over the past 24 hours, climbing back above the $82,000 mark.

South Korea's Financial Security Institute is set to develop a smart contract verification tool and system aimed at enhancing digital asset services. According to NS3.AI, this initiative aligns with South Korea's efforts to establish a legal framework for security tokens and the second phase of its virtual asset legislation. Additionally, the institute has prioritized the development of digital asset talent as a parallel focus.

Syndicate has finalized the compensation process for victims of the Common Bridge hack by distributing 12,901,167 SYND tokens. According to NS3.AI, the compensation covers the losses incurred by the victims, along with a 15% bonus. The tokens were sent directly to the affected wallets, and Syndicate Labs covered the associated gas fees.

Chinese stock indices experienced early gains, with the ChiNext Index rising over 1% at the start of trading. According to ChainCatcher, the Shenzhen Component Index also saw an increase of nearly 1%, while the Shanghai Composite Index recorded a 0.4% rise.

An analyst @ai_9684xtpa posted on X about an investor who has encountered significant losses after shorting stocks in the U.S. storage sector. The investor, identified as NMTD.HL (@NMTD8), has shorted a total of $15.2 million in stocks, including $11.22 million in SanDisk (SNDK), $2.54 million in Advanced Micro Devices (AMD), and $1.45 million in Micron Technology (MU). Currently, the investor is facing a floating loss of $2.47 million, with liquidation prices approaching. On May 1, the investor tweeted about anticipating a 40% drop in SanDisk's stock price. The situation highlights the risks involved in shorting stocks, especially in volatile sectors.

Hong Kong's chip stocks experienced a notable rally. According to Jin10, Lam Research (06809.HK) saw an increase of over 14%, while Gigadevice Semiconductor (03986.HK) rose by more than 9%. Biren Technology (06082.HK) gained nearly 6%, and both TianShu ZhiXin (09903.HK) and Hua Hong Semiconductor (01347.HK) increased by over 5%.