News

PANews posted on X (formerly Twitter). Anthropic has announced a temporary 50% increase in the weekly usage limit for its AI programming tool, Claude Code, effective until July 13. This adjustment applies automatically to Pro, Max, Team, and enterprise users. The competition among AI programming tools is intensifying, with Claude Code, Cursor, and GitHub Copilot expanding their capacities to capture developer usage habits. Developers are finding this period advantageous for maximizing computational resources.

Michael Saylor, in a May 1 interview with Peter McCormack, described Bitcoin as the highest form of capital humanity has discovered. According to NS3.AI, Saylor characterized Bitcoin as digital capital and a digital representation of economic scarcity. He noted that while gold was once considered the most portable form of capital, Bitcoin surpasses it by enabling the efficient and reliable movement of large amounts of capital.

Monthly trading volume on the Polymarket prediction market experienced a decline of approximately 8.9% in April, marking the first decrease in month-to-month activity since August. According to Cointelegraph, this drop comes as competitors like Kalshi are expanding their market share. Data from Dune Analytics reveals that Polymarket and its U.S.-based trading application collectively generated over $10.2 billion in volume in April, down from more than $11.2 billion in March. Meanwhile, Kalshi's trading volume surged by about 13% in April, reaching approximately $14.8 billion. Overall, the total monthly trading volume for prediction markets increased to around $29.8 billion in April, up from about $26.5 billion in March, representing a 12.4% increase.
Polymarket's decline in volume coincides with the company's efforts to reintegrate into U.S. markets amid heightened legal and regulatory scrutiny from U.S. lawmakers. This scrutiny follows the sector's rapid growth during the 2024 elections. Prediction markets are attracting new competitors, such as Prophet, an AI-native prediction market platform, which recently launched its first live trading tranche. This system features an AI model acting as the counterparty using real capital. Additionally, financial technology company MoonPay introduced an AI technology tool for trading strategies on prediction markets.
Polymarket is actively seeking to expand its presence in the U.S. after exiting in 2022 due to a settlement with the U.S. Commodity Futures Trading Commission (CFTC). This settlement barred the platform from allowing U.S. residents on its main global exchange. In December 2025, Polymarket launched a dedicated app for U.S. customers, although it remains separate from the global platform and its liquidity. Concerns about insider trading on prediction markets, particularly in areas related to war, energy prices, and geopolitically sensitive issues, have been raised by several U.S. lawmakers and regulatory officials.
In March, Senator Elizabeth Warren and over 40 Congressional representatives urged the CFTC to prohibit government insiders from using prediction market platforms for profit while in office or serving in an official capacity. The CFTC asserts that event contracts are a type of swap under its jurisdiction and emphasizes the need for federal employees to understand existing restrictions on prediction market insider trading. Additionally, Wisconsin Attorney General Josh Kaul filed lawsuits against Kalshi, Polymarket, and other prediction markets in April, accusing them of violating state sports betting laws.

The U.S. Senate has voted to confirm Kevin Warsh as the new Chair of the Federal Reserve. According to Odaily, Warsh's confirmation follows a nomination process that has been closely watched by financial markets. Warsh, who previously served as a Fed Governor, will take over the role immediately, succeeding Jerome Powell. His appointment is expected to influence monetary policy decisions in the coming months.

Binance founder CZ said the most important work in crypto right now is making blockchain infrastructure "agentic ready" — so that AI agents can transact, store data, and execute trades natively.
Speaking at Binance Online on May 13, CZ said payments are the most obvious intersection. "Payments is definitely one of them. We want to make all crypto infrastructure agentic ready. So when agents want to use crypto, they can call a skill or API and the agents can just use it."
He outlined three specific infrastructure requirements. "The infrastructure should be micropayment ready, large amounts of data ready. If agents want to save a large amount of data in a decentralized fashion, we need to have the infrastructure for it. And we need to be able to support fast, high volume, but low transaction values of each agent."
CZ said the biggest user-facing shift will come in trading. "Agents should do all the trading for you. You shouldn't have to click on a chart, enter a price, enter a number on your mobile phone, and then click a button. That's just clunky. You should just say, look, I want to convert ten percent of my portfolio or ten percent of my stablecoins into BNB. And the agent just does it for you in the background. You'll figure out the best price, where to do it, etc."
On capital deployment, CZ echoed Chamath Palihapitiya's view that infrastructure offers steadier — if lower-multiple — returns. "In AI infrastructure, you can deploy a very large amount of capital, and the return multiple-wise may be smaller than a very successful software or model or language model company. But the return will be very steady."
He acknowledged the competitive dynamic now reshaping software. "With the advancement of AI, creating new software is much easier now. For somebody to copy somebody else's software idea, it's going to become cheaper and easier. But software does have network effects. Once you build a platform, users are with you. I don't know how those forces will converge over time."

Saudi Arabia has informed OPEC that its crude oil production fell to its lowest level since 1990 last month. Bloomberg posted on X, highlighting that the ongoing conflict involving Iran has significantly disrupted exports from the Persian Gulf. This decline in production marks a significant shift in the global oil market, as Saudi Arabia is a key player in the industry. The reduction in output is attributed to the geopolitical tensions in the region, which have impacted the flow of oil exports. The situation continues to evolve, with potential implications for global oil prices and supply chains.

A petition on South Korea's National Assembly e-petition system advocating for the abolition of virtual asset taxation has garnered over 5,000 signatures. According to NS3.AI, under the rules of the National Assembly, if the petition collects more than 50,000 signatures, the speaker is required to refer it to a relevant committee for further consideration.

The CME 'FedWatch' tool indicates a 99% probability that the Federal Reserve will maintain its current interest rates through June, according to ChainCatcher. There is a 1% chance of a cumulative rate cut of 25 basis points. Similarly, the probability of the Fed keeping rates unchanged through July is also 99%, with a 1% chance of a 25 basis point reduction.

The ratio has climbed above its 200-day moving average for the first time meaningfully since September 2020, a move that has historically preceded major bitcoin rallies, according to CoinDesk. This development suggests potential bullish momentum for Bitcoin, as past instances of this technical indicator crossing have often led to significant price increases. Traders and investors may view this as a positive signal for Bitcoin's future performance in the market.

Gold prices experienced a brief decline of approximately $10 following the release of U.S. Producer Price Index (PPI) data. According to Odaily, the U.S. dollar index (DXY) saw a short-term increase of 6 points in response to the data.

Tokenized Treasury total value locked (TVL) has reached $15.35 billion, surpassing the mid-April peak. According to NS3.AI, this increase is attributed to stronger expectations of Federal Reserve rate hikes. As a result, some investors are opting for yield-bearing tokenized Treasury bills over spot cryptocurrencies. Meanwhile, Bitcoin remains stable above $80,000, reflecting the ongoing investor interest in digital assets despite the shifting capital preferences.

U.S. Congress is pressing the White House to respond to escalating AI cybersecurity threats, according to Axios. Lawmakers are calling on the administration to tackle risks associated with advanced AI network models, such as Mythos from Anthropic.

OpenAI has expressed support for establishing a global governance body for artificial intelligence, led by the United States and including China as a member. Bloomberg posted on X, highlighting comments from a top executive at OpenAI ahead of U.S. President Donald Trump's significant meeting with Chinese President Xi Jinping. The proposal aims to foster international cooperation in AI development and regulation, addressing concerns over technological advancements and their implications. OpenAI's stance underscores the importance of collaborative efforts in managing AI's global impact.

Cprkrn announced on Platform X that they used the AI model Claude, developed by Anthropic, to recover a wallet with a lost mnemonic phrase, retrieving approximately $400,000 in BTC. According to Odaily, the post garnered millions of views and sparked discussions about the potential applications of AI in mnemonic recovery and cryptocurrency asset security. As of now, neither Anthropic nor Claude's official representatives have confirmed or responded to these claims.

The market has currently factored in a probability exceeding 30% for a rate hike by December, according to ChainCatcher. Following the unexpected strength in the U.S. Producer Price Index (PPI) data for April, the likelihood of the Federal Reserve justifying any rate cuts this year has significantly diminished. The April PPI rose by 1.4%, markedly surpassing economists' consensus forecast of 0.5%, indicating stronger-than-expected inflationary pressures and reinforcing the trend of market repricing regarding the interest rate path.

Fidelity International's inaugural tokenized fund has been awarded a Moody's AAA-mf rating. According to NS3.AI, the fund replicates an Irish-domiciled LVNAV fund with assets under management nearing $7 billion. Launched on May 6, the fund utilizes Sygnum's tokenization infrastructure, with Chainlink providing daily net asset value data sourced from JPMorgan. Investors have the flexibility to subscribe to and redeem the fund around the clock using stablecoins, with FILQ tokens operating on the ERC-20 standard on the Ethereum blockchain.

The TAC team, responsible for the L1 blockchain, has confirmed a security incident that resulted in the transfer of approximately $2.8 million in assets, including USDT, BLUM, and tsTON, to specific addresses. According to Foresight News, the team has stated that if the attacker returns the funds to a designated multi-signature address, the incident will be considered a white-hat rescue, and no legal action will be taken against the operators of the related addresses on ETH/BSC, ZEC, and TON networks. The attacker is offered a bounty of about 10%, which includes approximately 13 ETH and 300 ZEC.

According to Foresight News, data from SoSoValue indicates that on May 13, HYPE spot ETF experienced a net inflow of $1.3571 million. The inflow was solely attributed to the 21Shares Hyperliquid ETF (THYP), which saw a net inflow of $1.3571 million on that day, bringing its historical total net inflow to $2.5248 million.

As of the time of reporting, the total net asset value of the HYPE spot ETF stands at $31.667 billion, with a net asset ratio of 0.03%. The historical cumulative net inflow has reached $25.248 billion.

An Ethereum ICO participant has transferred 790 ETH, valued at $1.78 million, after remaining inactive for more than 10.8 years. According to NS3.AI, the participant's initial investment was $246, which has now yielded a return of 7,243 times the original amount.

SoftBank Group has announced that its cumulative paper gains from investments in OpenAI have reached $45 billion as of the end of March. According to Odaily, this figure reflects the significant appreciation in value of its stake in the artificial intelligence company.

A significant investor, often referred to as a 'whale,' has increased their financial commitment on the HyperLiquid platform by expanding a 7x leveraged short position on the S&P 500 to a total of $37.67 million. According to NS3.AI, this move comes despite the position currently experiencing over $2.19 million in floating losses.

JPMorgan is reportedly developing a tokenized money market fund based on Ethereum. According to NS3.AI, Kinexys Digital Assets will manage the fund, which will include U.S. Treasury bonds and ultra-short-term repurchase agreements. The fund is intended to serve as collateral for stablecoin reserves under the GENIUS Act.

Charles Schwab has announced that its Schwab Crypto accounts are now being gradually opened to retail clients. According to PANews, starting today, the initial group of clients can trade Bitcoin and Ethereum alongside other investment products through Schwab.

TON Network's expansion project, TAC, announced on the X platform that its cross-chain layer on the TON side was attacked by external attackers, resulting in a loss of approximately $2.8 million. According to PANews, the attack affected USDT, BLUM, and tsTON, but TAC tokens, TON, and all ERC-20 tokens bridged from Ethereum remain unaffected. The cross-chain bridge is currently paused, and a detailed analysis report is expected to be released within 48 hours. The team is collaborating with law enforcement to trace the stolen funds and plans to fully compensate users and restore bridge liquidity through a legally structured sale of TAC token treasury reserves.

CoinMarketCap's Crypto Fear & Greed Index experienced a minor decline, dropping by 2 points to 47 from the previous day. According to NS3.AI, this reading continues to indicate a neutral market sentiment. The index, which measures market emotions and attitudes towards cryptocurrencies, suggests that investors are maintaining a balanced outlook despite the slight decrease.

On May 14, CITIC Securities released a research report forecasting a structural bull market for A-shares in the latter half of 2026. According to Jin10, the report suggests that structural prosperity and concentrated capital will drive this bull market, advising investors to follow an investment strategy centered on 'prosperity as the main theme.' The focus should be on two key prosperous lines: 'computing power bull' and 'recovery bull.' The AI computing power line is far from reaching a full-blown bubble stage, with attention on the expansion of prosperity across the entire industry chain. The 'recovery bull,' driven by 'PPI-external demand,' is highlighted as another key theme for this year.

Concerns over the deepening U.S. debt crisis and potential currency devaluation have been raised by financial experts. According to PANews, Ray Dalio has warned about the depreciation of fiat currencies, while JPMorgan predicts a shift of funds from gold to Bitcoin. Bitcoin has already surged by 30%, prompting speculation about whether it can reach a new all-time high.

Foreign investors purchased Japanese stocks worth ¥14.375 trillion in the week ending May 8, according to Jin10. This marks a significant increase from the previous week's figure of ¥8.079 trillion.

Microsoft is reportedly exploring deals with artificial intelligence startups to prepare for a 'post-OpenAI era.' According to Jin10, the tech giant had considered acquiring Cursor but abandoned the idea due to antitrust concerns. Microsoft has been in discussions with AI startup Inception regarding potential transactions. Inception has hired a bank to negotiate a deal worth at least $1 billion.

Sei Labs announced that Sei Network has officially disabled the IBC asset transfer function following a community proposal. According to Foresight News, users holding IBC assets on the Sei Network are advised to transfer their assets cross-chain promptly, as the network plans to further disable IBC asset withdrawal in the future. Sei Labs noted that the Sei v6.4 upgrade in April included a mechanism to disable IBC asset transfers. Wallets holding these assets have previously received airdrop notifications, urging users to complete bridging or exchange operations before Sei fully transitions to an EVM-only architecture. This move indicates Sei's gradual shift away from the original Cosmos IBC ecosystem compatibility towards an EVM chain focus.

The UK real estate market is currently experiencing challenges due to macroeconomic factors stemming from the Middle East conflict, according to Tarrant Parsons, Head of Market Research and Analysis at RICS. According to Jin10, the Bank of England has recently issued a warning that it may need to raise interest rates to counter a new wave of inflation triggered by high oil prices and supply chain disruptions. This highlights the difficult environment faced by buyers.

The UK RICS House Price Index for April recorded a value of -34, according to Jin10. This figure was lower than the expected -25 and follows a revision of the previous value from -23 to -25.

SpaceX has announced the cancellation of the CRS-34 mission to the International Space Station due to unfavorable weather conditions at the launch site. According to Jin10, the mission, originally scheduled for today, has been rescheduled to Friday, May 15.

Dallas Fed President Lorie K. Logan, who is a voting member of the Federal Open Market Committee (FOMC) in 2026, is set to participate in a discussion about the energy industry in ten minutes. According to Jin10, this event will provide insights into the intersection of energy markets and economic policy.

The U.S. Defense Department has canceled the deployment of an armored brigade to Europe as part of President Donald Trump's plan to reduce military presence overseas. According to the Wall Street Journal, this decision surprised some military officials who had anticipated a more gradual adjustment to the U.S. military's European deployment.

Binance founder CZ said AI agents will likely outperform most human financial advisors — and that Binance has already deployed AI trading bots that operate within user-controlled risk parameters.
Speaking at Binance Online on May 13, CZ acknowledged the current risk profile of fully autonomous AI investing. "For agents to handle large amounts of money for you is right now a little bit risky because AI is so new. They don't have a lot of guardrails around them."
He pointed to a feature Binance has already shipped. "Binance already released some AI trading bots or agents, and they can work on a segregated wallet. So you can limit the amount of funds that the AI agents have access to. What I read online is the feedback is actually quite positive. People are able to use different agents to do different strategies."
CZ said the user experience shift is the most significant change. "This type of strategies, you don't have to code yourself anymore. You can just have a conversation as a prompt. So I advise people to try it."
He was direct on where AI will replace traditional finance professionals. "AI will be very good financial advisors. Many of us have financial advisors who are humans. But to be very frank, there are some really good ones, but the average financial advisor is not that great."
He explained the structural weakness of the existing advisor model. "They're just people who give you random advice — sort of random advice to get you to buy stuff. The advice is generic. It's not individually tailored. They don't understand your background. They don't understand a lot about you. So I think agents will be much better on those fronts."

Consensys has postponed its potential U.S. initial public offering (IPO) until at least the fall, citing unfavorable market conditions affecting crypto listings. According to NS3.AI, the company, known for developing MetaMask, initially planned to submit a draft S-1 filing with the Securities and Exchange Commission (SEC) by the end of February this year. BitGo remains the only crypto-native firm to have gone public this year, securing approximately $213 million in its January IPO.

MetaMask, a prominent cryptocurrency wallet provider, has reportedly enlisted the services of JPMorgan and Goldman Sachs to spearhead a strategic process, according to CoinDesk. This move indicates MetaMask's intention to leverage the expertise of these leading financial institutions, potentially signaling significant developments in its business strategy. The involvement of such major banks underscores the growing intersection between traditional finance and the cryptocurrency sector.

Three of the crypto industry's most influential executives — Ripple CEO Brad Garlinghouse, Solana Foundation President Lily Liu, and Binance CEO Richard Teng — used a recent panel at the Binance Online event to explain why the Clarity Act has become the industry's most-watched piece of pending legislation.Each executive approached the topic from a different angle, but their analyses converged on a shared conclusion: the current regulatory environment, while constructive, requires legislative codification to deliver durable institutional adoption.The Institutional ArgumentGarlinghouse framed the issue in terms of how large financial institutions approach regulatory risk."The big financial institutions have leaned out because they don't know if the next head of the SEC might be more like the last one, which was very aggressively attacking and frankly seeking to kill the industry in the United States."He explained that banks operate on long planning horizons that require regulatory durability beyond any single administration. "Banks in the United States have had enough experience and long tenure to know that the next head of the SEC might be more like the last one."Garlinghouse acknowledged that current SEC leadership has been supportive, describing Chairman Paul Atkins as "a very constructive partner that is protecting consumers but also unlocking innovation." His argument was that constructive leadership alone is insufficient for institutions making multi-decade capital allocation decisions.He noted that current institutional crypto activity represents a fraction of what's possible. "Some of the names that have started to dabble — Franklin Templeton and BlackRock — they are leaning in. But as a percentage of the capital they have available to them, it's still tiny."Garlinghouse offered a specific prediction on timing: "I think these prediction markets have the likelihood of around 70% of this passes this year. So I think we may see President Trump sign something before the end of the summer."The Structural ArgumentLiu approached the topic from the perspective of why US legislation matters disproportionately in a global industry."The United States is about 15% of global GDP, but between 50 and 60% of global capital markets."She explained that this asymmetry creates particular weight for US regulatory decisions. "Given the dominance and influence of US on the global economy, many people will look to the United States for guidance. And not just in a spiritual sense, but the ability to actually participate in a blockchain world, because ultimately at some point it still hits the fiat banking system, which the United States obviously has a lot of influence into."Liu also articulated a regulatory philosophy that has shaped industry frustration over the past several years. "Regulating through regulation rather than regulating through enforcement is a really important thing for us to get right right now."The distinction matters because enforcement-driven regulation establishes rules through individual cases and settlements rather than through written guidance that builders can read in advance. Liu argued that codified legislation provides the clarity that enforcement actions cannot.She also noted that even friendly administrations are temporary. "We came from a very hostile administration from 2020 to 2024. Now it's a very crypto-friendly administration. But in the same way we had a sea change a couple of years ago, you can have a sea change again."The International ArgumentTeng added context about how US legislation affects global regulatory dynamics, pointing to the recently passed GENIUS Act as a working example."It's not only prompted institutions to act within the US, but it prompted international regulators and policymakers to formulate their own stablecoin to make sure that they keep pace with what's happening in the US. Hong Kong issued their own stablecoin and stablecoin licenses recently."Teng described the pattern as a two-way effect of US policy. "Under the last administration, a lot of good crypto firms' developments started to flow out from the US because of that anti-crypto environment. Under President Trump, you'll see a lot of new developments coming out from the US again."He noted that the international response to US clarity tends to follow predictable patterns, with jurisdictions including Hong Kong, the UAE, and Singapore moving to align their frameworks when US legislation creates competitive pressure.What the Clarity Act Would AddressThe Clarity Act, currently moving through the Senate Banking Committee, would establish codified rules for crypto categories beyond stablecoins, including questions of asset classification, custody requirements, and exchange operations.Liu described the expected effect by reference to GENIUS. "What happened after the GENIUS Act certainly unleashed the whole payments industry in the United States, where people saw stablecoins as being a really foundational upgrade in terms of how you move money around the world. The Clarity Act would do the same for non-payments use cases — regulated financial institutions being able to actually sort of jump into blockchain."Garlinghouse described the expected institutional response in similar terms. "With the Clarity Act, you'll see the largest financial institutions leaning in in a way we've never seen before."Where the Three Executives AgreeAcross different framings, the three executives converged on the same core point: the current crypto-friendly regulatory environment is an asset that requires codification to become permanent. Friendly administrations are temporary. Legislation is durable. The window for codification is open now, and the panelists' shared position was that the industry should treat its passage as the central near-term priority.Garlinghouse's 70% probability estimate, drawn from prediction markets, represents the most concrete near-term forecast. Whether that estimate proves accurate will likely shape the trajectory of US crypto adoption over the next several years.