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09:23
Svmuu reported that Adam, a macro researcher at Greeks.live, posted on platform X, stating that Bitdeer, which has been recommended since the beginning of the year, has recently risen. He has been buying and holding it for several months but has not mentioned it recently. US-listed crypto stocks have performed well recently, which is a long-term signal with a change cycle measured in months.
09:22
Svmuu reports that, according to on-chain analyst Ai Yi’s monitoring, address 0x8Ad…Ab818 deposited 14,062 ETH (worth $32.82 million) into Binance. This batch of ETH was just redeemed from Etherfi, suspected to be for selling.
09:21
Svmuu Report: In response to Strategy founder Michael Saylor's recent indication that he might sell some Bitcoin if it benefits the company, economist and cryptocurrency critic Peter Schiff commented on Platform X, stating that Saylor's "commitment" might help extend the current system's operational timeline. However, Schiff anticipates Saylor is more likely to choose to suspend dividend payments on its perpetual preferred stock STRC, leading to a significant drop in STRC's share price, rather than selling Bitcoin, thereby avoiding an impact on Bitcoin's price.
09:15
Svmuu reported that Manta Network has announced the closure of its staking program, stating that the inflationary reward mechanism dilutes the value of MANTA token holders over the long term and does not align with the project's future development direction. It is reported that staking rewards will officially cease two weeks from now (April 20, 2026). Node operators can exit at any time starting immediately, and no further network rewards will be generated after the staking program ends.
Manta Network added that it plans to take over the Layer 2 infrastructure operations of Manta Pacific, transitioning to operating its own sequencer and underlying technology stack to enhance network autonomy and streamline operational structures.
09:11
Svmuu News: Nasdaq-listed Bitcoin treasury company Hyperscale Data has announced an expansion of its digital asset and precious metals reserve strategy and will purchase 2,000 ounces of gold. As of now, the company holds 680.9595 BTC and 10,000 ounces of silver, with plans to increase its silver holdings to 100,000 ounces in the future. (PRNewswire)
09:09
Svmuu reported that Mysten Labs co-founder Adeniyi Abiodun stated at Consensus 2026 that the Sui network has processed over $1 trillion in stablecoin transaction volume since August last year, and plans to launch zero-fee stablecoin transfers and privacy payment features.
Abiodun stated that Sui aims to become the "default network for the future flow of funds," noting that current traditional cross-border payment systems charge excessively high fees. For example, transferring $100 to Nigeria could incur a $35 fee. Future financial systems should not be as fully public as social media, and users require stronger privacy protection capabilities. Sui is developing a storage layer that supports encrypted transaction intents to accommodate AI Agent-driven automated payments as well as future refund and fraud handling mechanisms. Additionally, Sui is currently testing quantum-resistant signature technology on its testnet, aiming to complete deployment before the EU's quantum security requirements take effect in 2030. Abiodun also expressed willingness to coordinate with the Bitcoin ecosystem and open-source the relevant research.
However, Sui has recently faced technical stability challenges, with its mainnet experiencing several hours of downtime in January 2026. The current price of SUI is approximately $0.99, down about 81% from its all-time high of $5.35 set in January 2025. (The Block)
09:06
Svmuu reported that NVIDIA's Huang Renxun stated that Agentic AI is driving a new technological paradigm shift, which will expand the software industry into a $50 trillion real economy sector. Compared to generative AI from two years ago, the computing power required for Agentic AI has already increased by approximately 1,000%, as it needs to simultaneously perform understanding, reasoning, and execution tasks. This trend will continue to drive up demand for high-performance computing and data center infrastructure. (Fortune)
09:02
Svmuureports that Binance Alpha will list ShareX (SHARE) on May 8. Eligible users can go to the Alpha Events page after trading opens to claim the airdrop using their Binance Alpha Points. More details will be announced soon.
09:00
Svmuu reported that Blitzy, an AI coding company co-founded by former Nvidia architect Sid Pardeshi, has announced the completion of a $200 million funding round. Northzone led the round, with participation from Battery Ventures, Jump Capital, and crypto investment firm Morgan Creek Digital, among others. It is reported that the Blitzy platform can parse complex systems with over 100 million lines of code and execute development, testing, and verification tasks in parallel through thousands of AI agents. This model is seen as a significant application direction for Agentic AI in the development field. The new funds will be used to expand research and development as well as market outreach, focusing primarily on highly regulated industries such as finance. (Techfundingnews)
08:50
According to Gate data, Brent crude oil fell below $95 per barrel, down 5.43% intraday. WTI crude oil dipped to $91 per barrel, dropping 6.28% intraday. Spot silver rose above $81 per ounce for the first time since April 17, gaining 4.74% intraday.
08:45
Svmuu reported that Nasdaq-listed company Treasure Global announced plans to gradually deploy $100 million in capital to establish a digital asset treasury reserve with ETH at its core, with plans to expand the treasury to include additional digital assets in the future. The company stated that its digital asset treasury framework will serve as a long-term capital allocation tool, providing strategic exposure to the development of digital financial infrastructure without altering its core business operations. (Globenewswire)
08:45
Svmuureports that on-chain detective ZachXBT has announced a $10,000 bounty for evidence of market manipulation related to LAB. This includes insider information on market makers for LAB on Bitget spot, Bybit perpetual contracts, Binance perpetual contracts, and OKX perpetual contracts, such as contracts and chat records, as well as identity clues like the passport or identification documents of LAB founder vsadkovv. ZachXBT stated that these actions are further damaging the reputation of the crypto industry and that those involved should not be
08:38
Svmuu reports that investment bank TD Cowen on Thursday raised its price target for Strategy (MSTR) to $395 from $385, believing the market underestimates the capital efficiency of the company’s bitcoin accumulation strategy following its increased issuance of STRC perpetual preferred stock. Analysts Lance Vitanza and Jonnathan Navarrete indicated that the new target still implies over 110% upside from Strategy’s Wednesday closing price of $186.82.
The analysis notes that Strategy is gradually reducing common equity financing and increasingly relying on STRC perpetual preferred stock, which yields 11.5%, to fund bitcoin purchases. STRC is also a core component of Michael Saylor’s “42/42 plan,” which aims to raise $42 billion each through equity and fixed-income instruments over three years.
TD Cowen believes the market underestimates the effect of the STRC structure on boosting “BTC Yield,” a metric measuring the company’s growth in bitcoin holdings per fully diluted share. The report raised its BTC Yield forecast for Strategy’s fiscal 2026 to 18.2% from 16.7%, and for 2027 to 9.6% from 5.4%. Additionally, analysts argue that concerns about Strategy being a “perpetual dilution machine” are exaggerated. The company’s annual preferred stock dividend payments, currently around $1.5 billion, represent only about 2.2% of the value of its 818,334 BTC reserve.
In TD Cowen’s base case scenario, bitcoin is expected to reach $140,000 by the end of 2026. In a bull case, bitcoin could rise to $175,000, with Strategy potentially purchasing over $5 billion in bitcoin per quarter. (The Block)
08:34
Svmuu reported that the World Gold Council said global gold ETF inflows turned positive in April, attracting $6.6 billion, driving total assets under management up 1% to $615 billion. (Jin Shi)
08:33
Svmuu reported from Consensus Miami that executives from multiple Bitcoin treasury companies stated that "digital credit" collateralized by Bitcoin is rapidly expanding, with a long-term potential market size potentially reaching $3 trillion. Digital credit is a yield-generating financial instrument backed by Bitcoin, typically structured as perpetual preferred shares, allowing investors to earn returns while reducing the risk of BTC price volatility. This model was first initiated and promoted by Strategy, followed by companies like Strive entering the space.
Analysts estimate that the sector has already grown to approximately $10 billion in less than a year, calling it "the second fastest-growing product in the history of capital markets." The global credit market is roughly $300 trillion, and even if only 1% is penetrated by BTC credit products, it could generate around $3 trillion in demand — "a target that is not unrealistic." Currently, the number of Bitcoin treasury companies remains far below that of the traditional banking system. If BTC becomes a foundational global monetary asset, it could catalyze even larger-scale digital credit and financial system restructuring opportunities. (CoinDesk)
08:30
Svmuu reports that the number of initial jobless claims in the US for the week ending May 2 was 200,000, compared to an expected 205,000. The previous value was revised from 189,000 to 190,000. (Jin10)
08:27
According to Svmuu, crypto market analyst and founder of Into The Cryptoverse, Ben Cowen, stated that the crypto market is experiencing an "extinction event" for millions of altcoins, a process necessary for Bitcoin to enter a sustainable bull market cycle. He believes that the "shitcoin purge" has actually been underway since 2021, but a larger-scale clearance is still needed to restore a healthy market structure. Capital is continuously flowing from high-risk tokens to Bitcoin, with the rising BTC dominance rate serving as a clear signal.
Data shows that GeckoTerminal tracks over 25 million deployed tokens, with more than 11.6 million projects failing in 2025 alone, primarily due to the burst of the Meme coin bubble. CoinShares researcher Luke Nolan stated that the claim "95% of tokens are worthless" is reasonable.
Although Bitcoin has returned above $81,000, Ben Cowen remains cautious, believing that BTC is still in a bear market phase. He warns that if it fails to hold the key resistance level around $88,880, the price could correct to the $58,000-$62,000 range. Against the backdrop of delayed Fed rate cuts and ongoing geopolitical risks, the crypto market continues to face short-term pressure. "2026 is more likely to be a reset year rather than a year for reaching new highs." (CoinDesk)
08:24
Svmuu  News: Garrett Jin, representative of the "BTC OG Insider Whale," published an analytical article titled "A Painted Ceasefire," warning crypto traders not to be lulled by the surface-level market trends. While the market appears stable, underlying risks are continuously building. He pointed out that following Trump’s visit to China, the window for a US-Iran military conflict could reopen at any time. This current ceasefire is merely a delay in confrontation, not the beginning of favorable developments. Market sentiment is currently highly optimistic, with Saudi Arabia and Iran reaching a cooperation memorandum, impressive earnings reports from tech companies, rising South Korean stocks, and Bitcoin approaching the $82,000-$83,000 range. However, macro-level hidden dangers are gradually emerging: a liquidity drought in large corporate transactions, airline bankruptcies, banks provisioning for potential war losses in advance, and Berkshire Hathaway’s cash reserves hitting a new all-time high. Garrett Jin predicts that late May could be a key turning point. If tech giants continue to exceed performance expectations, the risk window may be delayed until the July earnings season. (Garrettsignal)
08:24
Svmuu News: Prediction market platform Kalshi has announced the completion of a new $1 billion funding round, led by Coatue Management, propelling the company’s valuation to $22 billion. Kalshi is a prediction market platform that allows users to trade on the outcomes of events such as sports, politics, and weather. Since the 2024 U.S. presidential election, the platform has seen significant user growth, gradually stepping into the mainstream financial market spotlight.
Data shows that Kalshi has approximately 2 million monthly active users, with an annualized trading volume reaching $178 billion. This volume has more than tripled over the past six months, resulting in an annualized revenue exceeding $1.5 billion.
This funding round is also the third round of financing Kalshi has completed in the past seven months, with the valuation nearly doubling each time. This reflects the continued heating up of the prediction market track among institutional capital, while also accompanied by regulatory lawsuits and controversies over "insider trading." (Source: The New York Times)
08:19
Svmuureports that Polymarket, four years after exiting the U.S. market, is attempting to re-establish its domestic business. It plans to re-enter the regulatory framework by acquiring a derivatives and futures exchange that already holds a U.S. license, and has appointed Justin Hertzberg to lead its U.S. operations.
However, the latest developments indicate that Polymarket's progress in the U.S. has fallen short of expectations, with its market share significantly trailing behind its main competitor, Kalshi. It is reported that Justin Hertzberg's role within the company leans more towards being a "nominal CEO," with his primary responsibilities focused on signing regulatory documents. The actual operational and expansion capabilities of the U.S. business are limited. Overall, Polymarket's re-entry process into the U.S. market still faces dual challenges on both the regulatory and execution fronts. (The Information)

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