Binance News

Bullish reported a net loss of $604.9 million for the first quarter. According to NS3.AI, the company's shares dropped approximately 7.9% in pre-market trading following the earnings release.

The U.S. CLARITY Act markup is scheduled for later today, with Bitcoin (BTC) options continuing to exhibit compressed implied volatility. According to NS3.AI, short-dated contracts are near their year-to-date lows, and implied volatility has reached a historical low of 30%. The May 11 draft of the CLARITY Act proposes several significant changes, including a ban on interest for stablecoin balances. Additionally, it seeks to add the Treasury as a rule-making authority alongside the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). The draft also includes a provision for a $5 million penalty for any violations.

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."

According to the announcement from Binance, the platform is set to expand its trading options on Binance Futures by introducing two new perpetual contracts. The PHAROSUSDT Perpetual Contract will be available from 2026-05-14 at 05:15 (UTC) with leverage options of up to 20x. Shortly after, at 05:30 (UTC), the STARUSDT Perpetual Contract will launch, offering leverage up to 3x. These additions aim to enhance the trading experience for users by providing more diverse options.The PHAROSUSDT and STARUSDT contracts will be settled in USDT. The tick size for PHAROSUSDT is set at 0.0001, while STARUSDT will have a tick size of 0.00001. Both contracts require a minimum trade amount of 1 unit of their respective underlying assets, with a minimum notional value of 5 USDT. The capped funding rate for these contracts is set at +2.00% / -2.00%, with funding fees settled every four hours. Trading will be available 24/7, and the Multi-Assets Mode is supported, allowing users to trade across multiple margin assets.

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.

BitGo Holdings, a digital asset infrastructure company, recently released its first quarterly financial report following its listing on the NYSE. According to ChainCatcher, the company reported total revenue of $3.77 billion for the first quarter of 2026, marking a 112.6% increase compared to the previous year. This growth was primarily driven by the expansion of its digital asset business and increased revenue from its stablecoin-as-a-service offerings.
Despite the revenue growth, BitGo's GAAP net loss widened from $25.7 million in the same period last year to $60.7 million. This increase was attributed to a non-cash market value adjustment of approximately $53.7 million related to Bitcoin holdings and higher IPO-related stock compensation expenses. The adjusted EBITDA showed a loss of $1.7 million, contrasting with a profit of $3.9 million in the previous year.
In January, BitGo launched its derivatives business, generating a nominal trading volume of around $3 billion. However, due to the net revenue recognition for derivatives and gross revenue recognition for spot trading, the company's revenue declined by 38.7% quarter-over-quarter. The number of clients increased by 42% year-over-year, reaching 5,569 by the end of the quarter. As of the quarter's end, BitGo held 2,449 Bitcoins and $186.6 million in cash.

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.

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.

Bullish (BLSH) reported first-quarter adjusted revenue of $92.8 million, falling short of analyst expectations of $94.9 million, due to weaker digital asset trading activity, according to CoinDesk. The company's adjusted EBITDA was $35.1 million, below the anticipated $38 million, while it posted a net loss of $604.9 million, or $3.85 per share. Shares dropped 7.9% pre-market. The crypto platform is acquiring Equiniti for $4.2 billion to expand into tokenized securities. The acquisition will add a regulated transfer agent business to Bullish's operations.

The global cryptocurrency market cap now stands at $2.70T, up by 0.58% over the last day, according to CoinMarketCap data.
Bitcoin (BTC) has been trading between $78,755 and $81,300 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $79,729, down by -1.78%.
Most major cryptocurrencies by market cap are trading mixed. Market outperformers include AI, OSMO, and MLN, up by 40%, 40%, and 23%, respectively.
Top stories of the day:
CZ: Crypto Must Become "Agentic Ready" — and Trading Should Be a Prompt, Not a Click
Binance Online: Three Crypto CEOs Make the Case for Why the Clarity Act Matters Now
Chamath Palihapitiya: "The Last Decade Has Mostly Been Gearing Up for This Moment" of AI Infrastructure
Yi He: Talent Density Is the One Thing That Keeps Me Up at Night
Richard Teng: "1.4 Billion People Excluded From Financial Services — Crypto Is Here to Solve That"
Richard Teng: Binance Has Pivoted to "Global Infrastructure" and the "Most Regulated Exchange Globally"
Donald Trump Arrives in Beijing for State Visit
Market movers:
ETH: $2260.74 (-2.51%)
BNB: $671.11 (-2.05%)
XRP: $1.4323 (-2.17%)
SOL: $90.86 (-5.14%)
TRX: $0.3527 (+0.66%)
DOGE: $0.11321 (+0.37%)
WBTC: $79628.23 (-1.67%)
U: $1.0003 (+0.00%)
XAUT: $4684.68 (+0.00%)
ADA: $0.2646 (-4.03%)
Top gainers on Binance:
AI/USDT (+40%)
OSMO/USDT (+40%)
MLN/USDT (+23%)

According to the announcement from Binance, several tokens will be removed from the Binance Alpha platform due to non-compliance with the platform's standards. The delisting is scheduled for 2026-05-14 at 06:00 (UTC). The affected tokens include PRAI (Privasea AI), COMMON (Common), PINGPONG (PINGPONG), TAKER (Taker Protocol), JANITOR (Janitor), GATA (Gata), KLINK (Klink Finance), CORL (Coral Finance), SWTCH (Switchboard), ARIAIP (Aria Protocol), LONG (Belong), ZKWASM (ZKWASM), GORILLA (gorilla), ECHO (Echo Protocol), LITKEY (Lit Protocol), FIR (Fireverse), GM (GOMBLE), DELABS (Delabs Games), DONKEY (donkey), and WHY (why).Binance emphasizes its commitment to innovation and transparency while ensuring user protection. Despite the removal, users will still be able to withdraw or sell these tokens on Binance Alpha. To do so, users can navigate to the [Asset] tab, select [Alpha], and choose the desired token to withdraw or sell. Alternatively, users can access the [Market] tab on Binance Wallet to trade these tokens. Binance advises users to exercise caution, as tokens on Binance Alpha may carry higher risks and be subject to significant price volatility. Users are encouraged to conduct thorough research and manage risks effectively before engaging in any trading activities.Binance also highlights the introduction of a regular review mechanism to remove unqualified tokens, aiming to enhance transparency and protect the community from fraudulent activities. The platform reserves the right to amend or cancel the announcement at its discretion without prior notice. Users are reminded that digital asset prices are highly volatile, and investments carry inherent risks. Binance advises consulting with independent financial advisors to assess investment suitability. This announcement serves as an Exchange Notice under Binance’s Exchange Rules.

According to the announcement from Binance, the platform is set to launch a Solayer (LAYER) Trading Tournament, offering eligible users a chance to share a total prize pool of 300 BNB in token vouchers. The tournament will run from 2026-05-14 10:00 (UTC) to 2026-05-21 10:00 (UTC). An "Early Bird Boost" multiplier will be introduced to reward users who trade earlier during the promotion period.Eligibility for the tournament includes all verified new, regular, and Binance VIP users, excluding liquidity providers in the Binance Spot Liquidity Provider Program and Binance Brokers. The eligible trading pairs for this event are LAYER/USDT and LAYER/USDC. The Early Bird Boost Multiplier will decrease over time, with the highest multiplier of 2x available from 2026-05-14 10:00 to 2026-05-15 10:00 (UTC), gradually reducing to 1x by the end of the promotion period.Participants must register by clicking the [Join Now] button on the landing page and achieve a total effective trading volume of at least 500 USD equivalent in the eligible pairs during the promotion period to qualify for rewards. The reward structure is based on cumulative trading volume, with the top participant receiving 15 BNB, and subsequent ranks receiving decreasing amounts. Token vouchers will be distributed by 2026-06-04 and must be redeemed within 21 days.Binance emphasizes that trading volume from zero-fee pairs and transaction fees will not count towards the final trading volume calculation. The leaderboard, updated daily, will display the total effective trading volume. Binance reserves the right to disqualify participants engaging in dishonest behavior and may amend the terms and conditions at its discretion. The tournament's commencement is contingent upon the successful listing of the relevant token on Binance Spot.

According to the announcement from Binance, the platform is set to expand its trading options on Binance Futures by introducing several new perpetual contracts. These contracts are scheduled to launch on specific dates, starting with the SOXLUSDT Perpetual Contract on 2026-05-15 at 14:00 (UTC), offering up to 20x leverage. Following this, the MRVLUSDT Perpetual Contract will be available at 14:05 (UTC) on the same day, with a leverage of up to 10x. Additional contracts, including CRWVUSDT, WMTUSDT, JPMUSDT, VUSDT, and BRKBUSDT, will be introduced on 2026-05-18, each with a leverage of up to 10x.The new perpetual contracts will track the prices of various underlying equities and indices. For instance, the SOXLUSDT contract will follow the Direxion Daily Semiconductor Bull 3X ETF, while the MRVLUSDT contract will track Marvell Technology, Inc. Common Stock. Other contracts will correspond to stocks such as CoreWeave, Inc., Walmart Inc., JP Morgan Chase & Co., Visa Inc., and Berkshire Hathaway Inc. All contracts will settle in USDT, with a tick size of 0.01 and a minimum trade amount of 0.01 units of the respective underlying asset. The minimum notional value is set at 5 USDT, and the capped funding rate is +2.00% / -2.00%, with funding fees settled every eight hours.Binance has noted that these contracts are exempt from the 8.1 Adjustment of Funding Interval rules, meaning the funding interval will remain at every eight hours, regardless of reaching the funding rate cap or floor. The platform may adjust contract specifications based on market risk conditions, including funding fees, tick size, and leverage. The Multi-Assets Mode is supported, allowing users to trade across multiple margin assets. Users are advised to refer to this notice for the most accurate and updated information regarding these new offerings.

Solana's perpetual contract daily trading volume has reached a 31-week high of $3.45 billion. According to Odaily, this figure represents 56% of Hyperliquid's daily trading volume, which stands at $6.1 billion.

Solana's price experienced a decline from $98 on May 12 to approximately $90, following an unsuccessful attempt to surpass the $100 mark. According to NS3.AI, CoinGecko data indicated that SOL decreased by 4.5% over a 24-hour period. Several factors may have contributed to this downturn, including Bitcoin's recent pullback, unexpectedly high Producer Price Index (PPI) figures, ongoing discussions surrounding the CLARITY Act vote, and escalating tensions between the U.S. and Iran.

Binance Wallet announced on X the launch of the Bitway Perpetuals Trading Competition, offering participants the chance to trade BTWUSDT with a total of $50,000 in rewards available. The competition is designed to engage traders by tracking their trade volumes, which include both opening and closing volumes across long and short trades.
Participants are required to meet a minimum trading volume of 500 USDT to qualify for the rewards. This initiative provides an opportunity for traders to enhance their trading experience while competing for substantial rewards. The competition is accessible through the Binance App, where users can click 'Join' on the event page to begin tracking their trade volumes.

Spain's central bank has emphasized the need for protective measures similar to Anthropic's Glasswing. According to Jin10, the bank highlighted the importance of such initiatives in ensuring the stability and security of financial systems. The call for support reflects growing concerns over the potential risks associated with technological advancements in the financial sector.

On May 14, HSBC analysts stated in a research report that Alibaba Cloud's profitability is expected to improve significantly over the next two quarters. According to Jin10, the analysts highlighted that the deployment of self-developed chips and a shift in business structure towards higher profit margins are anticipated to support the enhancement of Alibaba Cloud's profit margins. Based on this improvement, HSBC has raised its EBITA forecast for Alibaba's cloud business for the fiscal years 2027 to 2028 by 40% to 50%. The report also mentioned that this could increase market expectations for Alibaba Cloud's valuation. HSBC maintains a 'buy' rating for Alibaba and has raised its ADR target price from $172 to $180.

Base announced that as of May 14, 2026, the total amount paid by AI agents through the x402 protocol payment service has exceeded $50 million. According to Foresight News, more than 85% of these transactions occurred on the Base chain.

Anthropic has introduced Claude, a new AI product aimed at small businesses. According to Jin10, this launch is part of Anthropic's strategy to expand its AI offerings to a broader market, providing tailored solutions for smaller enterprises. The company aims to enhance operational efficiency and decision-making processes for these businesses through Claude's advanced capabilities.

Deputy Governor Sarah Breeden stated that the Bank of England is "looking very hard" at re-examining its proposed stablecoin regulations, according to The Block. This review comes as the central bank seeks to ensure that its regulatory framework remains robust and effective in the rapidly evolving digital currency landscape. The move highlights the importance of stablecoins in the financial system and the need for comprehensive oversight to maintain stability and protect consumers.

According to the announcement from Binance, the platform is set to list Gensyn (AIGENSYN) and open trading for new spot trading pairs on 2026-05-14 at 13:00 (UTC). The new pairs include AIGENSYN/USDT, AIGENSYN/USDC, and AIGENSYN/TRY. Users can begin depositing AIGENSYN one hour before trading starts, with withdrawals available from 2026-05-15 at 13:00 (UTC). The listing fee for this token is set at 0 BNB. Gensyn's smart contract addresses are provided for Ethereum and Gensyn networks. An additional 125,000,000 AIGENSYN will be allocated for future marketing campaigns, with details to be announced separately.
Binance Alpha users should note that AIGENSYN can currently be traded on Binance Alpha, but it will be delisted once spot trading opens. Users holding AIGENSYN in their Binance Alpha Accounts can continue selling the token using Alpha instant within one hour after spot trading begins, although their orders and trading volumes will not count towards Binance Alpha Points. Users can transfer their AIGENSYN from Binance Alpha Accounts to Spot Accounts 15 minutes before spot trading starts. Binance will facilitate the transfer of AIGENSYN from users’ Binance Alpha Accounts to Spot Accounts within 24 hours.
Spot Algo Orders will be enabled for the new trading pairs at the same time as the listing, while Trading Bots & Spot Copy Trading will be activated within 24 hours. Users with active Spot Copy Trading portfolios can include these pairs by adjusting their Personal Pair Preference settings. AIGENSYN is marked with a seed tag, indicating higher volatility and risk. Users must pass quizzes every 90 days to trade tokens with seed tags, ensuring awareness of associated risks. Trading eligibility is subject to regional restrictions, with certain countries unable to participate. The list of restricted countries may change due to legal and regulatory updates.

Binance Blog published a new article, revealing insights into the growing connection between traditional finance and digital assets. The discussion, featuring BlackRock COO Rob Goldstein and Binance CFO Kaiser Ng, highlighted the increasing integration of traditional finance with Web3 through tokenization, digital wallets, and institutional infrastructure. The article emphasized that the future of finance is unlikely to be a complete replacement of one system by another but rather a bridge between traditional portfolios and digital assets.
The conversation underscored the significance of tokenization in transforming capital markets. Goldstein noted that BlackRock's strategy is to bridge the gap between capital markets and the digital-asset universe, providing exposure to digital assets in a BlackRock-quality manner. This approach reflects a broader trend where traditional finance and digital-asset infrastructure are no longer separate entities. The focus is now on how these systems can connect effectively and which institutions can facilitate this connection.
Tokenization offers a promising opportunity to make financial products more accessible, efficient, and cost-effective. Goldstein highlighted the potential of tokenization to address inefficiencies in the current financial infrastructure, such as fund distribution, settlement cycles, and cross-border access. By making assets more programmable and usable across platforms, tokenization can create new forms of collateral, liquidity, and access for users within digital financial ecosystems.
Looking ahead to 2030, the article explored the potential growth of tokenization. While the current tokenized asset market is small compared to global capital markets, there is significant room for expansion. The pace of adoption will depend on the maturation of regulation, institutional-grade custody, secondary-market liquidity, and distribution. Binance Research's scenario analysis projects a wide range of outcomes, with the potential market size of tokenized real-world assets reaching between $1.4 trillion and $25.7 trillion.
Binance's role in this transformation is crucial. With its extensive user base, liquidity, and infrastructure, Binance is well-positioned to facilitate the adoption of tokenized assets. Goldstein emphasized Binance's importance in providing a better, faster, and cheaper value proposition, helping to implement and explain technology to a broad audience. As tokenization evolves from a concept to a functioning market, Binance aims to build bridges between crypto-native users and traditional institutions.
The article also touched on the convergence of digital assets and artificial intelligence, suggesting that digital tools and rails may become integral to the financial layer enabling AI agents to operate in the real economy. For Binance, this convergence represents the next phase of growth, expanding beyond crypto trading to encompass digital finance, portfolio management, and AI-enabled financial tools. The conversation between Goldstein and Ng captured the current moment, offering a glimpse into the future financial architecture that connects traditional and digital finance.

XRP is consolidating within a falling channel handle, setting up for a potential 12% breakout if institutional demand pushes the pattern over the neckline. According to BeInCrypto, spot ETF inflows and reduced exchange selling pressure are supporting this setup, with $65 million in institutional inflows over two weeks. The Smart Money Index shows informed traders are rebuilding positions, while exchange-bound supply dropped 63% in a day. XRP trades at $1.42, with key resistance levels at $1.44 and $1.51, crucial for confirming the breakout.

On May 14, 2026, 03:56 AM(UTC). According to Binance Market Data, Bitcoin has dropped below 79,000 USDT and is now trading at 78,971.882813 USDT, with a narrowed 2.78% decrease in 24 hours.

Societe Generale analyst Kit Juckes has indicated that the British pound may weaken against the U.S. dollar if upcoming U.S. economic data is strong and political concerns in the UK intensify. According to Jin10, Juckes noted that robust U.S. retail sales and higher-than-expected import and export prices could further limit the market's expectations for the Federal Reserve's ability to cut interest rates. He stated, "The pound is currently holding relatively steady despite rising political uncertainty, but ongoing political news shocks could easily push the exchange rate back to this year's low of around $1.32." Juckes also mentioned market concerns that UK Prime Minister Keir Starmer might face a leadership challenge following the Labour Party's poor performance in last week's local elections.

BloFin Research has highlighted potential liquidity stress points for U.S. equities, with the S&P 500 crossing the 7,400 mark and a possible SpaceX IPO in summer 2026. According to NS3.AI, the analysis referenced Cboe data, which shows a put/call ratio of 0.53 in single-stock options compared to 1.31 for SPY and 1.32 for QQQ. The report suggests that Bitcoin might react before U.S. stocks in a broader market unwind.

Chinese yuan payments for oil trade have seen a significant increase, tripling since 2021. According to NS3.AI, China's Cross-Border Interbank Payment System (CIPS) settled 1.46 trillion yuan, equivalent to $214 billion, in March. Meanwhile, a report by Chainalysis highlighted a 700% surge in cryptocurrency acceptance among sanctioned nations, with crypto payments reaching $154 billion. Despite these developments, the yuan still represents only 3% of global settlements.

Binance Wallet announced on X the launch of the second wave of Bsquared Network (B2) airdrop rewards for Binance Alpha users. Eligible participants with a minimum of 225 Binance Alpha Points can claim 50 B2 tokens on a first-come, first-served basis. This initiative is designed to reward active users within the Binance Alpha community.
The airdrop process includes a dynamic scoring system where, if the reward pool is not fully distributed, the score threshold will decrease by 5 points every 5 minutes. This adjustment aims to ensure broader participation and efficient distribution of the B2 tokens. Users should be aware that claiming the airdrop will consume 15 Binance Alpha Points from their accounts.
Participants must confirm their claim on the Alpha Events page within a 24-hour window. Failure to do so will result in forfeiting the opportunity to receive the airdrop. This time-sensitive requirement underscores the importance of timely action for users wishing to benefit from the airdrop event.

The US Treasury sold $25 billion worth of 30-year bonds on Wednesday, clearing at a yield of 5.046%, according to BeInCrypto. This marks the first time since 2007 that 30-year debt was issued with such a high yield. The auction follows recent US inflation reports indicating rising price pressures due to the US-Iran war. Secondary-market yields also rose, with the 30-year hitting an intraday high of 5.05% and the 10-year benchmark reaching 4.49%. Markets are now pricing in a 55% probability of a Federal Reserve rate hike by April 2027.

The United States and China are in talks to establish a 'board of investment' that could enable Chinese companies to invest in non-sensitive industries within the U.S., according to U.S. Treasury Secretary Scott Bessent. Bloomberg posted on X that this initiative aims to foster economic collaboration between the two nations while ensuring national security concerns are addressed. The discussions are part of ongoing efforts to improve bilateral relations and economic ties.

U.S. Treasury Secretary Bessent has indicated that the upcoming months may witness a period of heightened inflation. According to ChainCatcher, Bessent expects this surge to last for one to two months before inflation begins to decline. This forecast comes amid ongoing discussions about economic stability and inflationary pressures.

According to the announcement from Binance, the platform is launching a special promotion for Danish Krona (DKK) fiat deposits. From now until 2026-06-10 23:59 (UTC), eligible users can benefit from zero fees on all DKK fiat deposits and a one-time 1% cashback offer. This promotion is available on a first-come, first-served basis and is subject to regional availability.
**Zero-Fee DKK Deposits**
During the promotion period, which runs from 2026-05-14 08:00 (UTC) to 2026-06-10 23:59 (UTC), eligible users can deposit DKK via bank transfer without incurring any fees. This offer is automatically applied to all qualifying deposits, allowing users to maximize their funds without additional costs.
**1% Cashback Offer**
In addition to zero-fee deposits, Binance is offering a one-time 1% cashback in USDC for eligible users who make a DKK deposit via bank transfer. The cashback is capped at 30 USDC and applies only to the first DKK deposit made during the promotion period. Rewards will be distributed to users' Spot Accounts within 21 business days after the promotion ends, by 2026-07-10.
**Terms and Conditions**
To participate, users must complete identity verification (KYC) on Binance. The promotion is subject to regional availability, and Binance reserves the right to disqualify participants who breach the terms and conditions. Additionally, Binance may cancel or amend the promotion at its discretion without prior notice. By participating, users agree to Binance's general Terms of Use and the specific terms outlined in the announcement. The promotion will conclude once the allocated budget is exhausted.

Nakamoto posted a $238.8 million net loss for the first quarter, driven by a $102.5 million mark-to-market loss on its bitcoin holdings, according to The Block. The financial results highlight the impact of bitcoin's market volatility on Nakamoto's balance sheet.

Russia and Iran have settled $214 billion in Chinese yuan in March, marking a significant move in the BRICS nations' efforts to reduce reliance on the US dollar for trade. According to NS3.AI, this development is part of a broader strategy to diversify currency usage in international trade. Iran has subsequently allowed the passage through the Strait of Hormuz for China, Russia, and India, with transactions conducted in yuan. Ding Shuang of Standard Chartered noted that the ongoing Middle East conflict has served as a catalyst for this shift, while Russia has largely halted US dollar payments since February 2022.

Nvidia's stock experienced a 2.6% increase in pre-market trading. According to Jin10, this movement comes amid ongoing interest in the company's performance and market position.

Barclays economists have observed a shift towards a hawkish stance among members of the Bank of Japan's policy committee. According to Jin10, Bank of Japan board member Ichiro Inoue, considered a centrist, expressed clearer support for an early interest rate hike during his speech on Thursday. In the April policy meeting, three other members proposed raising rates to 1.0%, although the proposal was ultimately rejected by a majority vote. The economists maintain their forecast for a rate hike in June, noting that the key issue now is whether Japanese Prime Minister Sanae Takaichi will tolerate the Bank of Japan implementing a rate increase.

According to the announcement from Binance, starting from 2026-05-15 00:00 (UTC), the platform will initiate an airdrop campaign for users holding World Liberty Financial USD (USD1). The campaign will distribute a total of $13 million in World Liberty Financial (WLFI) tokens to eligible users. These rewards will be distributed weekly to USD1 holders every Friday during the campaign period, which runs from 2026-05-15 00:00 (UTC) to 2026-06-12 00:00 (UTC).
Eligible users must maintain a balance of USD1 in any of the following Binance account categories: Spot Account, Funding Account, Margin Account (using USD1 as collateral in Cross Margin, Isolated Margin, or Portfolio Margin), or USDⓈ-M Futures Account (using USD1 as collateral in USDⓈ-M Futures Accounts, including Multi-Assets mode). Notably, USD1 used as collateral in Binance Futures or Margin accounts will receive a 1.2x bonus multiplier on rewards. Users must maintain at least 0.01 USD1 in their Margin or Futures Accounts to qualify for the bonus rewards, regardless of leverage or open trades.
The prize pool of $13 million in WLFI tokens will be distributed over four weekly installments, with $3.25 million allocated each week. Rewards will be airdropped directly to users’ Binance Spot Accounts, with distribution occurring weekly by 18:00 (UTC) every Friday. The weekly reward amount is calculated based on the lowest USD1 balance captured during hourly snapshots each day. The effective Annual Percentage Rate (APR) will be updated after each weekly distribution, taking into account factors such as the lowest balance of daily snapshots and the daily aggregated amount of qualifying balances across all eligible USD1 holders.

Gold prices remain above $4,700 per ounce, influenced by the latest U.S. inflation data, which has led to market expectations that interest rates will stay high for an extended period. According to Jin10, this continues to exert pressure on gold prices. Mitsubishi UFJ analyst Soojin Kim noted that following the acceleration of U.S. wholesale inflation in April to its fastest pace since 2022, gold prices have faced additional pressure. Meanwhile, U.S. Treasury yields have risen to their highest levels since July, further impacting gold, which is a non-interest-bearing asset.