Tracking: The crypto bill has suddenly hit a "stalemate"! Did 99% consensus lose to the last 1%?
We were all set to witness history today, but the "CLARITY Bill" fell apart right before the vote. Both parties had 99% agreement, but got stuck on two deadlocks:
1. Protecting the developers: The Republicans want to give devs a "safe harbor," while the Democrats are worried about leaving regulatory loopholes. 2. Infighting in an election year: It got dragged into the moral issues surrounding the presidential family, turning the crypto bill into a pawn in the party struggle.
In plain terms, the major shift has been postponed. In the short term, the SEC will likely continue to "go wild" with enforcement, and the market's bullish expectations have fallen flat, so we can expect some choppy action in the coming days.
But don’t be too pessimistic; that "99% consensus" shows that compliance is now a clear play. This pullback is actually leaving a little window for those who haven’t jumped in yet. Keep an eye out for any "streamlined" versions of the bill that might get forced through.
The darkness before dawn, stay steady and don’t get left behind! #Cryptocurrency #BTC #BillProgress #Regulation
AI chip company Cerebras just wrapped up its IPO pricing at $185 per share, coming in above the previous expected range, raising a solid $5.55 billion in one shot, with a fully diluted valuation of $56.43 billion. This figure is worth chewing over in today’s context—Nvidia pretty much has a stranglehold on the AI compute narrative, yet the capital markets are willing to slap a nearly $60 billion ticket price on a challenger, indicating that at least some big bucks are betting on "there shouldn’t be just one winner in the AI chip game." Of course, valuation is one thing, actually carving a niche in Nvidia's moat is another. But at least from the fundraising scale, Wall Street's appetite for AI infrastructure is far from hitting a ceiling.
1. The US April PPI year-on-year reached 6%, exceeding expectations, and Fed's Collins mentioned that rate hikes may be necessary to combat inflation. Fed official Collins stated that the Fed may need to raise interest rates to ease inflationary pressures. -Original 2. Wells Fargo buys $41.6 million BTC via MicroStrategy. Wells Fargo, a financial institution with assets totaling $2 trillion, purchased $41.6 million worth of Bitcoin through MicroStrategy. -Original 3. Nvidia's stock price hits a new high, with a market cap of $5.5 trillion. In the early US trading session, Nvidia's stock price surged 2.85%, reaching $227.080 per share, with a total market cap of $5.5 trillion. -Original
Trump is considering ramping up military action against Iran, and Iran isn't just sitting back—30 out of 33 missile sites in the Strait of Hormuz are still combat-ready, Tehran is running military drills, and they've filed a lawsuit with international arbitration. What's even more noteworthy is that the US military has adjusted the routes for 65 commercial vessels, with 4 of them completely grounded; the UK has also announced they’re sending drones, fighter jets, and warships to participate in the Hormuz operations. This isn’t just talk anymore; real military resources are being redeployed. The Strait of Hormuz is a choke point for global oil transportation, and if shipping costs spike, the chain reaction from oil prices → inflation → interest rate cut expectations could tighten up again. For risk assets, short-term risk-off sentiment might pack more punch than the CPI data itself 🌊
Last-minute turnaround! Just yesterday, we were saying that Jensen Huang wouldn't make the cut, and today Trump himself confirmed: Old Huang is on Air Force One! This move is savage, and the impact on the crypto space is off the charts! AI chips + easing tensions between the US and China create a double buff, leading to a macro-friendly double resonance. BTC, ETH, and NVDA-related concepts are likely to see a violent rebound. How are you planning to play this? Are you going all in or sitting on the sidelines?
AiCoin官方
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Countdown 24 hours! Trump is bringing Musk, Cook, the BlackRock CEO, and around 16-17 other CEOs to China tomorrow!
The wildest part of this list isn’t who’s in the car, but Jensen Huang getting left out! The global AI chip king from Nvidia was just saying he wanted to come, but the red tape around AI chips is a no-go, so he’s out of luck.
In the short term, the risk-on sentiment in the crypto space is likely to ignite, with BTC and ETH poised for a 2-4% bounce. With people like Musk, BlackRock, and Visa in attendance, institutional adoption and supply chain signals could easily catch fire.
But don’t get carried away! Regulations haven’t loosened, and it’s easy to “buy the rumor, sell the news.” Retail traders should manage their positions and focus on actual outcomes—don’t go all in! Do you have any positions waiting to cash out on this “China visit hype”?
1. US April CPI year-on-year came in at 3.8%, beating the forecast of 3.7%. The US reported the April unadjusted CPI year-on-year at 3.8%, higher than the expected 3.7%, with a previous value of 3.3%. - Original 2. US Senate approves Kevin Warsh as Fed Chair. The US Senate voted on May 12 to approve Kevin Warsh as the new Fed Chair; the related voting process is still ongoing. Trump nominated Kevin Warsh on January 30 to replace the current Chair Powell. - Original 3. CertiK: North Korean hackers have stolen approximately $6.75 billion in digital assets since 2016. According to CertiK's (Skynet North Korean Crypto Threat Report), North Korean hacker groups have stolen approximately $6.75 billion in digital assets since 2016. By 2025, losses from their thefts are expected to reach $2.06 billion, accounting for 60% of the total losses in the global crypto industry for the year, which includes the $1.5 billion Bybit hack. As of early 2026, the loss proportion is around 55%. The report points out that North Korean hacking tactics have evolved into a state-level system that combines social engineering, supply chain attacks, and 'physical infiltration'. CertiK recommends that crypto organizations enhance 'zero trust' hiring practices, supply chain security, and full lifecycle defense measures for fund tracking. - Original
Countdown 24 hours! Trump is bringing Musk, Cook, the BlackRock CEO, and around 16-17 other CEOs to China tomorrow!
The wildest part of this list isn’t who’s in the car, but Jensen Huang getting left out! The global AI chip king from Nvidia was just saying he wanted to come, but the red tape around AI chips is a no-go, so he’s out of luck.
In the short term, the risk-on sentiment in the crypto space is likely to ignite, with BTC and ETH poised for a 2-4% bounce. With people like Musk, BlackRock, and Visa in attendance, institutional adoption and supply chain signals could easily catch fire.
But don’t get carried away! Regulations haven’t loosened, and it’s easy to “buy the rumor, sell the news.” Retail traders should manage their positions and focus on actual outcomes—don’t go all in! Do you have any positions waiting to cash out on this “China visit hype”?
The US stock market and the crypto space are putting on the most surreal show of the year—both the Nasdaq and S&P hitting all-time highs, the Philadelphia Semiconductor Index surging over 5%, and Micron rocketing up 15%. Traditional money is flying high. But over here with $BTC, after a 20% pump since April, it just crashed below $81,000, and the 4-hour trend has flipped bearish.
CryptoQuant served up a harsh reality: a bear market bounce. Profit-takers are making their exit, while the whales are quietly accumulating. This 'big players are buying while retail is fleeing' split usually signals that the market hasn’t reached a consensus yet.
Interestingly, the correlation between traditional risk assets and crypto assets suddenly broke at this juncture. Is it that the stock market is having a final hurrah, or is $BTC pricing in some kind of risk we haven't seen yet?
[AiCoin丨5.12 Snapshot: Musk in Tow, USDT Minting, Easing Policies]
1. Trump claims negotiations with Iran will continue until an agreement is reached, raising concerns over geopolitical risks. According to Fox News, U.S. President Trump stated that negotiations with Iran will continue until an agreement is reached. - Original text 2. Musk will join Trump on his trip to China as a member of the U.S. delegation. According to market news, Musk will be joining the U.S. delegation as part of Trump's trip to China. Sources say Nvidia's CEO, Jensen Huang, was not invited and won't be heading to Beijing. - Original text 3. Strategy bought 535 Bitcoins at approximately $80,300 each, totaling around $43 million.
There's a whale named Loracle.hl making some interesting moves lately—he's shorting HYPE with 5x leverage, holding a position worth $52 million, and he's already sitting on over $38 million in unrealized gains. He's also casually opened a 10x leveraged short on SNDK with an $8 million position, which is also in the green. While most folks are still debating when the bull market will kick in, the real winners in terms of on-chain cash right now are the bears. And this isn't just some small-scale hedge; we're talking multi-million dollar directional bets. When a whale is willing to short with this kind of size, what he's seeing might be completely contrary to the sentiment on the timeline. It’s worth pondering what he's betting on.
Goldman Sachs just pushed back the Fed's next rate cut to December this year, and the following one is now set for March 2027. The core logic is straightforward: they expect core PCE inflation to approach 3% this year, which is still far from the Fed's 2% target. The IMF has previously echoed similar sentiments—core inflation may not drop to 2% until early 2027.
In other words, the market's earlier pricing of a 'back-to-back rate cut in the second half' scenario has been directly shot down by one of Wall Street's biggest players. The expectations for liquidity easing need to be recalibrated, and the valuation anchors for risk assets must adjust accordingly.
For crypto, the narrative of price surges driven by rate cuts is getting thinner in the short term; what might actually hold prices up from here are genuine on-chain demand and capital inflows themselves.
Don't let mom's savings "sleeping big" in the bank!
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【AiCoin丨5.11 Snapshot: Large ETH Deposits, Fed Pauses Rate Cuts, Bitcoin Returns to Highs】
1. Garrett Jin deposited 225,600 ETH into Binance, valued at around $527 million On-chain data shows that Garrett Jin deposited 225,600 ETH into Binance, worth approximately $527 million. -Original 2. U.S. Central Command: Over 20 warships involved in the maritime blockade against Iran According to CCTV, the U.S. Central Command stated on the 10th that over 20 American warships are executing a maritime blockade against Iran and have requested 61 merchant vessels to change their routes, causing 4 ships to lose navigation capability to comply with the blockade regulations. -Original 3. Spot gold opened down nearly $20 on Monday, currently at $4,699.3 per ounce
1. The Trump administration's 10% global import tariff has been ruled unenforceable. The 10% global import tariff imposed by the Trump administration under Section 122 of the Trade Act of 1974 has been ruled unenforceable, closing the loophole that allowed for comprehensive tariffs to be levied without congressional approval. -Original 2. The Hyperunit whale transferred $180 million worth of ETH to Binance. According to Arkham's monitoring, the Hyperunit whale transferred $180 million worth of ETH to Binance. -Original 3. The global uncertainty index has surged to its third-highest level in history, surpassing the periods of the dot-com bubble and the global financial crisis. The global uncertainty index has reached its third-highest level in history, exceeding the periods of the dot-com bubble and the global financial crisis. -Original
Trump Media Group (TMTG) just dropped their Q1 earnings report, showing a net loss of $405.9 million, with $368.7 million coming from unrealized losses in digital assets. To break it down: their crypto treasury cost basis is $1.24 billion, and it’s only valued at $820 million now, resulting in a paper loss of over $400 million.
What’s even more interesting is the details—9,542 $BTC, purchased at an average price of $118,500. In Q1, $BTC dropped by 22%, and that cost basis means they were basically stacking up near the historical highs. Now that the '$BTC treasury strategy' has shifted from MicroStrategy's faith narrative to massive impairments on a public company's balance sheet, how much tolerance does the market have left for this play? After all, not every company has Saylor's patience and funding capabilities.
【Don't those who understand filial piety give gold anymore? Let's kick off a Web3 'Digital Piggy Bank' plan with Mom!】
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Not everyone can replicate the MicroStrategy play.
In Spain, there's a coffee chain called Vanadi that pivoted to a $BTC treasury strategy, but ended up losing $7.8 million in 2025. Out of the 213 $BTC they hold, 61% is locked up on exchanges as collateral, leaving them unable to move it at all.
To stay afloat, the company issued nearly 100 million convertible bonds at a 5% discount, while their stock price has plummeted 74% this year.
[AiCoin丨5.9 Snapshot: Gold Surge, Bill Submission, Position Divergence]
1. U.S. non-farm payrolls added 115,000 jobs in April, surpassing expectations, while the unemployment rate remains steady at 4.3%. The U.S. released April non-farm data, showing an increase of 115,000 jobs, exceeding the expected 62,000; the unemployment rate stands at 4.3%, in line with expectations. - Original 2. Data released before the new Fed Chair takes office, as they prepare to take over central banking duties. Data shows that the new Fed Chair will take over central banking duties in the U.S. this month. - Original 3. Spot gold rallies $20 to $4,724.9 per ounce. 4. SEC Chair requests Congress to submit the Bitcoin Clarity Act. SEC Chair Paul Atkins is asking Congress to pass the Bitcoin Clarity Act to President Trump, with revisions expected next week. - Original
J.P. Morgan's latest take: $BTC is gradually outperforming gold as a hedge against currency devaluation. Two years ago, saying this would have gotten you laughed at, but now the data speaks for itself—$BTC ETF has seen net inflows for three consecutive months, while gold ETFs haven't even made up for the outflows from March. CME $BTC futures and offshore perpetual positions are hitting all-time highs, indicating that it's not just retail traders jumping on the bandwagon; institutions are quietly stacking up. Interestingly, this shift started right after the Iran conflict. Previously, calling it "digital gold" was more of a meme, but when traditional investment banks start using real data to back this up, the narrative becomes more than just a narrative.
1. Tom Lee: The crypto winter has ended; spring has arrived. Tom Lee stated that the crypto winter is over; spring has arrived. 2. U.S. initial jobless claims for the week at 200,000, below the expected 205,000. The U.S. initial jobless claims for the week ending May 2nd came in at 200,000, lower than the expected 205,000, with the previous figure revised from 189,000 to 190,000. AI interpretation: The lower than expected jobless claims indicate resilience in the labor market, further solidifying the foundation for economic recovery. This data will dampen market concerns about an economic slowdown and strengthen the stability of the job market in a high-interest rate environment. Overall, the decline in jobless claims will positively impact consumer confidence and boost spending.