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BlockBeats News, May 13th, the International Energy Agency (IEA) warned on Wednesday that global oil inventories are declining at a record pace, and the ongoing turmoil caused by the Iran war could lead to further spikes in oil prices. In April, crude oil and refined product inventories are falling at a rate of nearly 4 million barrels per day—equivalent to the total consumption of the United Kingdom and Germany—potentially weakening countries' ability to cope with supply shocks.The report stated: "Due to unprecedented interruptions in Middle Eastern oil supply, global oil inventories are declining at a record pace." "With ongoing disruptions, the buffer space is rapidly shrinking, which could foreshadow a surge in future prices." (FXStreet)

BlockBeats News, May 13th, according to LookIntoChain monitoring, the US-listed company KULR Technology is suspected of selling BTC. 3 hours ago, the company transferred 300 BTC to Coinbase Prime, worth approximately $24.36 million.According to KULR's previous disclosure, as of July 9, 2025, the company had spent approximately $101 million to purchase 1,021 BTC, with an average purchase price of around $98,627. Based on the current price, the company's BTC holdings have an unrealized loss of about $17.8 million.

BlockBeats News, May 13, according to Coinbob Popular Address Tracker, in the past week, HYPE has been continuously retracing from its peak, with a weekly decline of 10.7%, falling today to around $40. The largest HYPE short holder on Hyperliquid, known as "Loracle," has continued to benefit from this round of decline, with unrealized gains now standing at $2.07 million and a daily profit of $1.28 million.Currently, "Loracle" is shorting 1.2432 million HYPE with 5x leverage, with a value of approximately $49.92 million, an average price of $41.8, and completed the position after adding to it on May 10.In addition, the largest long holder, rumored to be the "HYPE listing insider trading whale," is still holding a significant HYPE long position. They are currently longing 1.38 million HYPE with 5x leverage, with a value of around $55.4 million, an average price of $38.67, and a liquidation price of $36.29.Addresses: 0x8def9f50456c6c4e37fa5d3d57f108ed23992daeAddress: 0x082e843a431aef031264dc232693dd710aedca88

BlockBeats News, May 13th, Binance announced the full agenda for the Binance Online Summit on May 13th. The event will be live-streamed today at 19:00 on Binance Square, lasting over 4 hours.This event will cover topics such as Binance's future development, crypto market trends, Bitcoin, BNB Chain roadmap, AI, and asset tokenization. Speakers include CZ, Binance Co-CEO He Yi, Richard Teng, as well as Ripple CEO Brad Garlinghouse, Solana Foundation Chairperson Lily Liu, Blockstream CEO Adam Back, and others.He Yi and Richard Teng will participate in the "From 3 Billion to 30 Billion: Binance's Next Stage" session, where Binance's management will share their vision for driving global expansion in the crypto industry and how the platform and the industry are evolving to serve the next wave of user growth. CZ will participate in the "Current Flow of Smart Money" session, discussing the current fund flows, which market narratives are gaining traction, and how top investors interpret the current market.

BlockBeats News, May 13th - ARK Invest CEO Cathie Wood, also known as "Wood-ette," announced that ARK is excited to participate in Kalshi's latest funding round. She believes that the prediction market is becoming a powerful new financial infrastructure that enables real-time price discovery around events, probabilities, and changes in the world's state.Cathie Wood stated that Kalshi is at the forefront of this innovation, and ARK is pleased to support such a team that is constantly pushing the boundaries of how the market aggregates and expresses information. She congratulated them on reaching this significant milestone.Previously reported on May 7th, Kalshi announced the completion of a new $1 billion funding round, led by Coatue Management with participation from ARK Invest, among others, bringing the post-investment valuation to $22 billion. This is the company's third funding round in the past 7 months, with the valuation roughly doubling after each new round of funding. Currently, Kalshi has approximately 2 million monthly active users, an annualized trading volume of $178 billion, and annual revenue exceeding $1.5 billion.

BlockBeats News, May 13th, SoftBank Group announced an unexpected increase in quarterly profit, mainly due to the valuation uplift of its investment in OpenAI. The net profit for the fourth quarter reached 1.83 trillion Japanese yen ($16 billion), while the average analyst expectation was 295.2 billion yen. The valuation uplift of OpenAI boosted SoftBank's performance, while the Middle East conflict disrupted the market. During this period, stock prices of SoftBank's major publicly listed companies, including Coupang and Grab Holdings, all experienced declines, impacting the company's earnings. SoftBank's founder, Masayoshi Son, has been selling off shares and increasing SoftBank's debt burden to fund its expanding investments in the artificial intelligence sector.SoftBank Group stated that as of the end of March, the accumulated unrealized gains from its investment in OpenAI amounted to $45 billion. Son unveiled ambitious plans involving billions of dollars in data center investments, while pledging to increase SoftBank's total investment in OpenAI to $64.6 billion by the year's end. (Jinse Finance)

BlockBeats News, May 13th, according to GMGN monitoring, the market cap of the Solana ecosystem Meme coin MAGA surged 52% today, reaching a high of $9.3 million, currently trading at $8 million, with a 24-hour trading volume of $1.8 million.It is reported that U.S. Congressman Eric Burlison revealed in yesterday's program that the White House plans to release a batch of new documents approximately every two weeks. This is slightly faster than the "every few weeks" previously described by officials, with 6 days since the last release.Since April 17th, when former President Trump publicly stated his intention to release government files related to UFOs, UAPs, and potential extraterrestrial life, the token reached a high market cap of $33 million, but experienced a significant decline after the recent first round of UFO file releases.BlockBeats reminds users that Meme coin trading is highly volatile, heavily influenced by market sentiment and speculative concepts, with no real value or use case. Investors should be aware of the risks.

BlockBeats News, May 13th, CryptoQuant analyst Darkfost posted an article stating that despite the challenges posed by the US-Iran conflict and inflationary pressures, the altcoin market has recently shown signs of recovery. He pointed out that after experiencing a more than 50% overall pullback, the altcoin sector is gradually regaining activity. This round of adjustment is not only affected by BTC's retracement but also related to market token dilution. Currently, there are about 51 million altcoins in the market, with 46% deployed on Solana, 36% on Base, and 10% from the BNB Smart Chain.He pointed out that the recent performance of altcoins listed on Binance has recovered to levels not seen since September 2025. Currently, about 21% of altcoins listed on Binance have retested the 200-day moving average, compared to only 2% of tokens maintaining this key technical level back in February.Darkfost believes that this indicates a gradual resurgence of interest in altcoins in the market, which is an important signal for investors seeking to allocate to altcoins. However, he also emphasized that it is still too early to determine if the "altcoin season" has begun, as market liquidity remains limited.

BlockBeats News, May 13, according to GMGN Monitor data, the Solana-based space dog ASTEROID surged again this morning, with a peak market cap exceeding $18 million, currently around $15 million. Against the backdrop of a continuous price increase, the price of ASTEROID on the Ethereum chain has been declining during the same period, down 38% on a weekly basis, but the market cap remains high at $120 million.Meanwhile, the controversy on social media has escalated, mainly focusing on: the Ethereum chain taking early small donations, cashing out after a recent sharp increase in token value, but failing to provide substantial help to the girl. Can this charitable narrative support a market value of over a billion dollars?It is reported that during the initial token issuance in 2024, the Ethereum community received about 0.5% of the total supply (approximately 2.1 billion tokens). However, the token remained in a slump before the girl's death (January 26, 26), with a holding value equivalent to only about $100, and donations were minimal.Recently, influenced by the Musk effect and the SpaceX mascot concept, ASTEROID saw a rapid increase in market value due to its "OG Elder" status. The aforementioned early tokens were then sold for $676,000, with the proceeds donated to St. Jude Children's Research Hospital. Some critics believe that while this action aligns with the girl's wishes, it did not provide substantial assistance during her lifetime.Currently, the Solana community continues to donate directly to the girl's mother through transaction fees, with the total reaching $270,222 as of the time of writing. The Ethereum community has yet to follow up with new substantial charitable initiatives. The uniqueness of its charitable narrative is constantly being diluted by the ongoing actions of the Solana community. However, under the dual endorsement of Musk's personal influence and the SpaceX mascot, it remains the core anchor supporting the high market value of ASTEROID on the Ethereum chain.BlockBeats reminds users that Meme coin trading is highly volatile, heavily reliant on market sentiment and concept hype, without actual value or use case. Investors should be aware of the risks.

BlockBeats News, May 13th. CPI data shows that energy price shock is reemerging as a dominant factor in the U.S. inflation structure, and is beginning to spread to the housing, services, and consumption sectors. The latest U.S. April CPI year-on-year increase rose to 3.8%, higher than market expectations, reaching a new high since May 2023; while the core CPI year-on-year increase rose to 2.8%, also exceeding expectations. This indicates that despite the Federal Reserve maintaining high interest rates over the past two years, U.S. inflation has not truly returned to a stable state. Instead, there are signs of a re-warming due to the Middle East conflict and energy supply risks.The biggest driving force behind this inflation remains energy. Energy prices in April saw a 17.9% year-on-year increase, with gasoline prices soaring by 28.4% and fuel oil skyrocketing by 54.3%, indicating that the risks in the Strait of Hormuz and the Middle East supply chain issues have begun to significantly impact the U.S. economy. While some institutions believe that the current energy shock has not yet fully spilled over into all goods, the market is beginning to notice that inflationary pressures are no longer limited to oil prices alone. Housing costs rose by 0.6% in a single month, while clothing, household goods, and airfare prices rose simultaneously, indicating that companies have begun to gradually pass on higher energy, transportation, and import costs to consumers.This is also the market's biggest concern. If energy prices are just a short-term fluctuation, the Federal Reserve can still choose to ignore them. However, when housing, services, and core consumption are simultaneously under pressure, it indicates that the U.S. may be re-entering a phase of "structural reflation." In particular, core services prices increased by 0.45% in a month, reaching one of the highs for this year, showing that internal demand and cost pressures have not truly cooled down. Even if the Strait of Hormuz reopens in the future and oil prices fall, the "long-tail effect" of inflation may still persist for several months through transportation, food, and rent.Against this backdrop, the market is beginning to see a clear shift in the Federal Reserve's policy path. Interest rate futures have repriced the possibility of rate hikes in the future, with additional rate hike expectations even emerging by the end of the year. Federal Reserve officials have also significantly turned hawkish recently, with Gulsbee stating that the inflation data is "disappointing" and believing that the U.S. economy may still be overheated. Goldman Sachs further stated that "sustaining high rates for longer" is becoming the market's main theme, and the energy shock and economic resilience will drive the U.S. dollar to remain strong, while U.S. bond yields may continue to stay high.On the other hand, another noteworthy new theme in the market is the formal financialization of AI computing power. The CME Group announced the preparation for the launch of the world's first GPU computing power futures market, indicating that the market has begun to view AI computing power as a new strategic commodity similar to oil and metals. This reflects the ongoing expansion of global AI capital expenditure, with GPU, CPU, and memory demand forming a new long-term capital cycle.In the crypto market, although BTC is currently still in a state of fluctuation, the market structure may be suppressed by the "prolonged high rates" and "strengthening of the U.S. dollar." If oil prices and inflation continue to remain high in the future, U.S. bond yields and the U.S. dollar may rise further, leading to a contraction in market risk appetite. The real change in the current market is that the world is gradually moving away from the past two years of "anti-inflation trades" and transitioning towards a new inflation era that re-prices energy, geopolitics, and supply chains.

BlockBeats News, May 13th, according to CoinGecko data, in the past 24 hours, the trading volume on the Upbit platform has increased by 1.5%, reaching a total of $10.58 billion. Among them, the XRP/KRW trading pair takes the lead with 10.57% share, achieving a 24-hour trading volume of $1.12 billion, followed by BTC, SAHARA, ETH, and USDT.

BlockBeats News, May 13th - SoftBank Group stated that as of the end of March, the accumulated book income from its investment in OpenAI was $45 billion. In April 2026, a total of $20 billion in loans was utilized, mainly for investment in OpenAI, of which $2.5 billion was repaid in the same month. (Golden Finance)

BlockBeats News, May 13th, according to Alternative data, today's cryptocurrency Fear and Greed Index is 42 (yesterday was 49), and the market sentiment has shifted from "Neutral" to "Fear."Note: The Fear and Greed Index has a threshold of 0-100 and includes the following indicators: Volatility (25%) + Market Volume (25%) + Social Media Hype (15%) + Market Surveys (15%) + Bitcoin Dominance (10%) + Google Trends (10%).

BlockBeats News, May 13th - The United States Commodity Futures Trading Commission (CFTC) has sided with Kalshi in its legal dispute with the state of Ohio and has asked the appeals court to confirm the regulatory agency's jurisdiction over the prediction market.The CFTC filed an "amicus curiae brief" with the Sixth Circuit Court of Appeals on Tuesday, alleging that Ohio had "overstepped its jurisdiction" when the state regulatory agency last year demanded that Kalshi cease offering contracts on sporting events, claiming it was unlicensed sports betting. Kalshi then sued Ohio authorities in October to prevent the state's casino control commission and attorney general from taking enforcement actions, but the request was rejected by a federal court in March this year, prompting Kalshi to appeal.CFTC Chairman Mike Selig stated, "The federal district court in Ohio made an improper, narrowly tailored interpretation of the Commission's jurisdiction, and we are asking the appeals court to correct this mistake. As I have said many times, the CFTC will not allow overzealous state governments to undermine the agency's long-standing regulatory authority in these markets."

BlockBeats News, May 13th, according to Hyperinsight monitoring, a whale on Hyperliquid has opened simultaneous long positions for ETH and BTC, longing 17,409 ETH with 20x leverage (worth approximately $40.1 million), liquidation price $78,008; longing 493.4 BTC with 20x leverage (worth approximately $40 million), liquidation price $2,227. Currently, the total value of the two positions exceeds $80 million, with an unrealized gain of $210,000.Address: 0x049bdc370620beab340b01072fa580fd57745e7d

BlockBeats News, May 13th, according to HK01, the Hong Kong High Court approved the Department of Justice's application for a restraining order against 42 individuals, including Chen Zhi, and companies, freezing a total of HK$8.93 billion in assets, including deposits, properties, and stocks.Among them, Chen Zhi's assets exceed HK$6.36 billion, including HK$2.2 billion in deposits, a building at 68 Kimberley Road, Tsim Sha Tsui, valued at HK$3 billion, and Mount Nicholson villa in the Mid-Levels valued at HK$1 billion. Zhou Yun, who assists in managing the assets, has total assets of over HK$2 billion, with personal accounts holding the equivalent of HK$15.92 million in Hong Kong dollars, euros, and bitcoins.In addition, Prince Group related individuals Hu Xiaowei and Li Tian had approximately HK$400 million and HK$172 million in assets frozen, respectively. The court will reconvene on August 3rd to decide whether to extend the restraining order.

BlockBeats News, May 13th - Cryptocurrency asset management company 21Shares launched the Hyperliquid ETF (THYP), which officially started trading on Tuesday and saw a significant trading volume on its first day. Bloomberg ETF analyst James Seyffart stated that this was the first ETF of its kind to begin trading, allowing investors to gain price exposure to relevant tokens without directly holding the underlying cryptocurrency. Hyperliquid is currently the largest on-chain perpetual decentralized exchange.Seyffart commented on the social platform X, saying, "THYP had a daily trading volume of $1.8 million, which is a very solid performance, significantly higher than the typical ETF debut average but not exceptionally high." For comparison, the first spot XRP ETF launched in November last year had a first-day trading volume of $58 million, and the Solana ETF introduced by Bitwise had a first-day trading volume of around $57 million, both higher than the debut performance of THYP.