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5/7
07:37
According to GMGN data, the market cap of sato, a token on the ETH chain ecosystem, has dropped below $13 million, currently reported at approximately $12.92 million, with a 6-hour decline of 49.12%.
Svmuu reminds users that this token is highly volatile, and investors should be aware of the risks.
07:34
Svmuu News: BNY Mellon, with $2.1 trillion in assets under management, has increased its holdings by 101,810 shares of Strategy (MSTR), a Bitcoin treasury company, with the additional stake valued at approximately $18.7 million. Currently, BNY Mellon holds a total of 1 million shares of MSTR, with the total position valued at about $187.2 million. (BTCtreasuries)
07:32
Svmuu reported that Bitcoin briefly approached the key 200-day simple moving average (SMA) around $83,300 on Wednesday but failed to achieve a decisive breakout, subsequently falling back below $81,000. Meanwhile, the broader crypto market weakened, with the CoinDesk Smart Contract Platform Index falling over 2% in the past 24 hours, making it the worst-performing major sector. The 200-day moving average is widely regarded by the market as a key indicator for measuring long-term trends. If BTC can hold above this level, it would further reinforce the market narrative that the bear market, which saw prices fall below $63,000 in February, has ended and a new bull market has begun.
However, a similar situation occurred historically in March 2022, when Bitcoin briefly broke above and tested the 200-day moving average before ultimately falling to around $20,000 by June of that year. As a result, some analysts are warning of the risk of a "fakeout."
Analytics firm Marex stated that Bitcoin's ability to continue its upward trajectory depends on three factors: sustained spot buying pressure, a continued tightening of exchange supply, and a derivatives market that remains healthy without overheating. If all three factors align positively, Bitcoin could quickly open up the path towards the $85,000 range. Alex Kuptsikevich, Chief Market Analyst at FxPro, noted that this pullback appears more like a brief consolidation within an uptrend rather than an end to the trend. However, he also cautioned that the daily RSI had previously entered overbought territory, and similar instances in the past were accompanied by significant corrections.
Additionally, the 10-year US Treasury yield has fallen to 4.32% from its early-month high of 4.46%, which is viewed as a potential positive factor for risk assets. (CoinDesk)
07:30
1. Opinion: The US holds economic and geopolitical advantages in its rivalry with Iran;
2. A wallet linked to BIT has deposited 403,294 HYPE (worth $17.3 million) into HyperLiquid;
3. BNY Mellon expands its digital asset custody business in Abu Dhabi;
4. Binance will cease support for deposit and withdrawal services of POND, QUICK, and VIC tokens;
5. OKX lists SPACEX/USDT, OPENAI/USDT, and ANTHROPIC/USDT Pre-IPO perpetual contracts;
6. Duan Yongping: Has fully swapped his coal stock China Shenhua Energy for pop toy company Pop Mart;
7. A whale spent $325,000 to purchase SATO, at an average market cap purchase price of $28.4 million;
8. Binance will list BILLUSDT perpetual contracts on May 7, with up to 20x leverage;
9. Analyst: After Nvidia's monopoly on the AI chip market for two years, AMD is catching up with its CPUs;
10. 1inch: Not related to the TrustedVolumes security incident; protocol and user funds are unaffected.
07:27
According to Gate data, WTI crude oil fell 5.00% intraday and is now at $92.21 per barrel.
07:20
Svmuu reports that German startup DeepL, which develops translation tools, has announced plans to lay off approximately 25% of its employees. Company CEO Jarek Kutylowski attributed this move to a "massive structural shift" brought about by artificial intelligence. Kutylowski stated in a LinkedIn post on Thursday that around 250 employees will be laid off. The company currently has just over 1,000 employees. As AI tools replace tasks traditionally performed by programmers, and tech companies redirect resources into building their own AI products, layoffs across the tech industry are rapidly expanding. Meta announced plans last month to cut 10% of its workforce. Microsoft, meanwhile, offered buyout packages to about 7% of its US employees. Founded in 2017, DeepL initially positioned itself as a competitor to Google Translate, offering tools to help developers build multilingual applications. In recent years, the company has also faced competition from translation services offered by ChatGPT and other AI tools. DeepL raised $300 million in funding in 2024, achieving a valuation of $2 billion, and has previously considered an IPO in the United States. (Jin Shi)
07:19
Svmuu News: According to Iranian media reports on the 7th, the naval forces of Iran's Islamic Revolutionary Guard Corps have designated two shipping lanes for vessel passage. However, ships are still prohibited from transiting the Strait of Hormuz without Iran's permission. (Xinhua News Agency)
07:11
Svmuu News: According to official sources, OKX Onchain OS has launched the Agentic Wallet Trading Competition, which officially started on May 7 at 18:00 (GMT+8) and will run for 14 days. The event is simultaneously held on both Solana and X Layer chains. Users can complete registration, trading, and prize collection by conversing with the AI Agent within the Agentic Wallet. The competition features multiple awards, including a Yield Rate Leaderboard, Profit Amount Leaderboard, Participation Prize, and Skill Quality Award, with a total prize pool of 50,000 USDC.
It is reported that OKX Onchain OS is an on-chain infrastructure suite open to developers and AI Agents. Integrated with the Agentic Wallet, it covers a wide range of on-chain operation scenarios.
07:01
Svmuu reports that ZachXBT posted on X platform, stating that the LAB founder spouts philosophical nonsense while engaging in CEX market manipulation that harms retail investors. He previously attempted to contact them privately, but the messages were read and ignored. Scammers further undermine the remaining credibility of the industry.
06:51
Svmuu reported that Grayscale has completed the rebalancing of its cryptocurrency industry funds for the first quarter of 2026. The DeFi fund added the Ethena token (ENA) with a weight of 13.59%, making it the fourth largest holding in the fund. Simultaneously, the fund completely removed the Aerodrome Finance token (AERO). After the rebalancing, the fund's main holdings consist of: Uniswap (UNI) at 35.22%, Aave (AAVE) at 21.36%, Ondo Finance (ONDO) at 19.83%, Curve DAO (CRV) at 5.27%, and Lido DAO (LDO) at 4.73%.
Furthermore, the Smart Contract Platform fund did not add or remove any assets this quarter. The weight of Ethereum (ETH) holdings increased to 30.14%, surpassing Solana (SOL) at 29.69% to once again become the largest holding. Cardano (ADA) ranks third with a weight of 17.96%, followed by Avalanche, Hedera, and Sui. This rebalancing was conducted based on the methodology of the CoinDesk DeFi Select Index and the CoinDesk Smart Contract Platform Select Ex Top Cap Index, aiming to ensure the fund's holdings remain compliant with liquidity, custody, and market capitalization requirements.
06:27
According to Onchain Lens monitoring, a newly created wallet has withdrawn 2,500 BTC from Binance, valued at $202.36 million.
06:26
According to Svmuu, a Pakistani official stated on the 7th that relevant departments held a meeting in the capital Islamabad that day to prepare for potential talks and even a signing ceremony between the United States and Iran, which may take place in Islamabad. Another Pakistani source revealed that the military, police, and other relevant personnel also held a joint meeting in Rawalpindi, a city near the capital, that day to determine security measures for the possible upcoming US-Iran negotiations next week. (Xinhua News Agency) (Jin10 Data APP)
06:18
Svmuu, CatFee.io officially launched its new Telegram bot product, focusing on the TRON energy leasing scenario to further lower the barrier for ordinary users to participate.
It is reported that the product features include "free usage, lightweight operation, and automated management." Users can directly perform energy management, bulk purchases, and energy distribution through Telegram without the need for complex on-chain configuration.
The official team stated that the new version of the bot includes functional modules like "TRON Companion" to help users quickly start energy leasing-related businesses. Currently, the bot is available for free use and is expected to continuously expand more TRON ecosystem features in the future, providing more cost-effective on-chain solutions for scenarios such as high-frequency transfers, daily payments, and fund aggregation.
05:59
According to data from msx.com, crypto-related stocks showed mixed performance in U.S. pre-market trading. Eightco Holdings rose 0.85%; meanwhile, Strategy (MSTR) fell 1.19%, Bitmine dropped 1.00%, Coinbase declined 0.83%, Circle decreased 0.84%, SharpLink slid 0.39%, and Solana fell 2.70%.
It is reported that msx.com is a decentralized RWA trading platform that has listed hundreds of RWA tokens, covering U.S. stocks and ETF tokenized assets such as AAPL, AMZN, GOOGL, META, MSFT, NFLX, and NVDA.
05:48
Monitoring by the Svmuu Seer Channel shows that the prediction market Predict.fun has launched a new event: "Who Will Top This Week's XHunt Chinese KOL Rankings," with total trading volume exceeding $110,000.
Among them, the probability of CZ topping this week's XHunt Chinese KOL rankings is currently reported at 83%; the probability of Justin Sun topping the rankings is currently at 4%; the probabilities for KOLs such as Heyi, JackYi, 杀破狼, and 嗯哼 topping this week's XHunt Chinese KOL rankings are currently in the range of 1% to 2%.
The settlement criteria for this event are based on XHunt's historical rankings. Specifically, the "Board" is set to "Popular KOL," the "Category" is set to "China Region," the "Window" is set to "7 Days," and the "Date" is set to May 11, 2026.
The Svmuu Seer Channel continues to monitor the prediction market, seeing the changes before the price is set.
05:38
According to Gate data, spot silver has broken through the $80 per ounce mark, currently trading at $80.034, with a daily gain of 3.50%.
05:33
SvmuuBitMart's "BM Discovery" zone has launched sato (SATO) at 18:00 on May 7 (UTC+8), with the SATO/USDT trading pair now available.
sato is an ERC-20 asset on Ethereum, minted and repurchased via Uniswap v4 Hook. It is issued using an index bonding curve, with no pre-sale, migration, or operator intervention.
05:05
Svmuu reports: According to the official financial report of Bitcoin mining company Core Scientific, the company's total revenue for the first quarter of 2026 was $115 million, an increase from $79.5 million in the same period last year. Gross profit was $30.1 million. Hosting revenue increased to $77.5 million from $8.6 million in the year-ago quarter, while self-mining revenue decreased to $30.1 million. Despite the revenue growth, the company recorded a net loss of $347 million for the quarter, compared to a net profit of $576 million in the same period last year.
The loss was primarily driven by a $266 million non-cash impairment loss and a $30.8 million non-cash loss related to changes in the fair value of warrants and contingent value rights. Additionally, Core Scientific announced the acquisition of Bitcoin mining company Polaris DS LLC for $421 million and expanded its total planned power capacity to 4.5 GW. Impacted by the financial report, the company's stock fell 7% in after-hours trading and declined 6.25% in pre-market trading on Thursday.
04:53
Svmuu reported that the onshore renminbi closed at 6.8015 against the US dollar at 16:30 on May 7, up 134 points from the previous trading day. (Jin Shi)
04:29
Svmuu News: The South Korean government will implement taxation on crypto assets as planned in January next year. The National Tax Service is currently preparing the relevant notice, which is expected to be made public and undergo a legislative preview soon. Moon Kyung-ho, head of the Income Tax Division at the Ministry of Economy and Finance, stated that the National Tax Service has conducted multiple practical adjustments with the five major crypto asset operators, including Upbit, Bithumb, Coinone, Korbit, and Gopax.
According to the current Income Tax Act, starting January 1 next year, income from the transfer or lending of crypto assets will be classified as other income. A comprehensive tax rate of 22% will be levied on income exceeding 2.5 million won, comprising 20% income tax and 2% local income tax. This policy is expected to affect approximately 13.26 million investors.

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