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5/7
10:55
Svmuu reported that, according to Lookonchain monitoring, U.S. Bitcoin ETFs recorded a net inflow of 261 BTC today, Ethereum ETFs had a net inflow of 663 ETH, and Solana ETFs saw a net inflow of 240,595 SOL.
10:45
Svmuu reported that mETH Protocol has announced it will gradually wind down operations of its liquid restaking token (LRT), cmETH, in order to refocus on the long-term direction of the protocol. According to the official statement, aside from cmETH, all other mETH Protocol products will continue to operate normally. cmETH holders can still proceed with redemptions and cross-chain operations, while mETH stakers do not need to take any action.
Official disclosures reveal that since its launch, cmETH had grown to become one of the most integrated LRTs, with a peak TVL of $620 million. However, after reassessing the current development of the restaking sector, the team believes that shutting down cmETH is a more prudent choice. The timeline is as follows:
Starting May 7, 2026, the cmETH minting function has been disabled;
Around mid-June 2026, the final EigenLayer reward distribution will take place;
On November 7, 2026, the window for claiming historical cmETH activity rewards will officially close.
10:42
Svmuu reports that the Nasdaq Composite Index has risen to hit 26,000 points, last trading at 26,017 points, up 0.68% on the day. Nvidia's stock price rose 2.97%, Microsoft's stock price gained 2.37%, and Tesla's stock price increased by 3.66%. (Jin10 Data)
10:32
Svmuu报道,OKX market data shows that ETH has dropped below 2300 USDT, currently trading at 2299.5 USDT, a 24-hour decline of 2.89%.
10:32
Svmuu reported that Linda Jeng, Chief Legal and Policy Officer at Aave Labs, stated during Consensus Miami 2026 that Aave's previous risk framework overly focused on financial risks and price volatility. Looking ahead, the protocol will incorporate assessments of cross-chain interoperability, cybersecurity vulnerabilities, and underlying asset architecture.
This reform directly stems from the rsETH incident that occurred in April. At that time, an attacker exploited a vulnerability in the KelpDAO cross-chain bridge to mint approximately 116,500 unbacked rsETH (valued at around $293 million), deposited it as collateral into Aave, and borrowed real WETH, leading to significant bad debt risks for the protocol.
Jeng revealed that Aave will also release a formal "listing standards handbook" for asset issuers in the future, and will begin evaluating the correlation between DeFi protocols from a systemic risk perspective, rather than analyzing individual pools in isolation.
Additionally, a "DeFi United" bailout plan involving Lido Finance, EtherFi, Ethena, and others has been launched to cover collateral shortfalls and prevent further proliferation of bad debt. (CoinDesk)
10:28
SvmuuNews The US dollar index DXY has essentially erased all of its gains since February 27. The dollar was already weak before the outbreak of the war with Iran, weighed down by a series of policies, including Trump's trade war and his threats to the Federal Reserve's independence. The Fed's consecutive rate cuts last year, along with hedge funds and other investors building large short positions against the dollar, also weakened the greenback.
This situation briefly changed after the war began, as investors unwound their dollar short positions and started betting on a possible Fed rate hike. However, those gains have now completely vanished, partly due to market optimism that the US and Iran might soon resume negotiations.
Nevertheless, Jane Foley of Rabobank stated that diverging central bank policies globally are also a significant factor. Since the start of the war, the best-performing G10 currencies have been the Norwegian krone and the Australian dollar, as both central banks have recently raised interest rates due to concerns about worsening inflation. The British pound has also performed strongly, with market expectations for the UK interest rate outlook this year rapidly and substantially shifting from rate cuts to hikes. Meanwhile, investors currently see a low probability of a Fed rate hike. "Even if the Fed stays put, it is relatively dovish and has clearly been weighing on the dollar." (Jin Shi)
10:24
Svmuureported that Ethena officially released an arbitrage analysis on the perpetual contract market for gold tokens (PAXG, XAUT) on X. Data shows that over the past twelve months, the annualized funding rate for PAXG was 5.8%, and for XAUT it was 12.4%, both significantly higher than the average levels for BTC and ETH over the same period (5.2% and 4.1%, respectively). The daily volatility of gold funding rates is higher than that of cryptocurrencies, due to the smaller trading volume in the gold market. However, gold funding rates are positive 82% to 89% of the time, which is generally consistent with BTC (88%) and ETH (85%).
Furthermore, Ethena stated that the funding rates for gold and cryptocurrencies are almost uncorrelated; when cryptocurrency funding rates are compressed, gold funding rates tend to remain stable or rise. Therefore, incorporating gold perpetual contracts into a spot-futures arbitrage portfolio (holding both spot positions and equivalent short positions) will improve yield levels and reduce yield volatility.
10:23
According to an official announcement, Coinbase has added Nexus (NEX) to its listing roadmap.
10:21
Svmuu reported that the Zcash Foundation has officially announced the takeover of the management rights for several core Zcash community assets, including the Zcash GitHub Organization, the website and domain names, as well as the official @Zcash account on platform X.
As Zcash development gradually centers around Zebra and the infrastructure maintained by the foundation, consolidating these community assets under the foundation's management is expected to improve long-term coordination efficiency and accountability. The Zcash GitHub Organization includes core code repositories such as librustzcash, zips, lightwalletd, and zcashd. The Zcash Foundation will be responsible for access permissions and repository governance, while the existing open-source licenses, community contribution permissions, and collaborative development models will remain unchanged.
Additionally, the foundation announced a multi-year funding partnership with ZecHub, which will be responsible for the day-to-day operations of the website and the @Zcash account.
10:19
Svmuureports that Federal Reserve's Hammack stated that the Fed's signal regarding a rate cut as the next move is misleading. High inflation is forcing more people to make trade-offs, and cutting rates more than reasonably necessary would push inflation higher. The Fed strives to maintain political neutrality. Powell has performed exceptionally well at the Fed, and Hammack expressed 'excitement' about the arrival of Fed chair nominee Warsh. (Jinshi)
10:11
Svmuu reported that Fed's Hammack stated, given the uncertainty, the Fed should maintain a neutral stance in its policy outlook. He expressed concerns about the outlook for price pressures, and the base case is that interest rates will remain unchanged for an extended period. (Jin Shi)
10:05
Svmuu reported that Lido has provided the latest update on the Kelp security incident, stating that the Snapshot vote regarding the EarnETH first-loss protection mechanism falling below the 1% threshold has reached quorum and been approved. User losses from EarnETH will be fully covered by Lido Earn’s first-loss mechanism. The rsETH held by the attacker has been liquidated, and the related stETH has been transferred to the DeFi United rescue plan.
Additionally, the EarnETH vault is expected to reopen shortly after the Kelp protocol resumes operation, at which point users will be able to deposit and withdraw funds normally. Lido emphasized that during the freeze period, both the EarnETH and EarnUSD vaults continued to generate yield. Currently, EarnETH users only need to wait for a brief unfreezing process to complete. Once funds are restored, compensation will be provided in accordance with the first-loss protection mechanism.
10:02
Svmuu reported that Max Layton, Citigroup's Global Head of Commodities Research, stated that oil prices will continue to experience sharp volatility until clarity emerges on whether Iran can reach a deal with President Trump. "It's very difficult to predict whether Iran will reach an agreement. In this environment where you simply don't know if a deal will be struck, the market is inevitably news-driven and subject to violent fluctuations." On Thursday, crude oil fell for the third consecutive trading day. Layton noted that this decline was partly due to "the market hoping that both sides can initiate negotiations for an agreement."
However, pressure on the physical crude market in the Middle East persists. Traders said that in April, shipment delays occurred at a key crude oil loading terminal off the coast of Oman, located outside the Strait of Hormuz, disrupting transportation plans and potentially delaying deliveries to buyers. Layton stated that over the past 12 months, the global physical crude market has accumulated approximately 700 million to 800 million barrels of "a fairly substantial buffer inventory." "We are consuming these inventories quickly," he said, but added that the impact will "materialize gradually over a longer period." He further noted that before actually lowering his oil price forecast, he needs to see whether Iran is genuinely ready to reach a deal with the United States.
Last month, after the second round of US-Iran peace talks failed to take place, Citigroup raised its forecast for the Brent crude benchmark price by $15 to $110 per barrel and pushed back its baseline assumption for the reopening of the Strait of Hormuz from mid-to-late April to the end of May. (Jin Shi)
09:56
Svmuu reported that according to Lookonchain monitoring, a wallet associated with Metalpha deposited 27,000 ETH (worth approximately $62.78 million) into Binance in the past hour.
09:47
SvmuuNews Bitwise Asset Management Chief Investment Officer Matt Hougan announced on X platform the launch of the first tokenized fund, Bitwise Crypto Carry Fund (USCC), and stated that "ultimately every fund will be tokenized." The USCC fund adopts a market-neutral strategy, primarily generating returns through crypto market basis trades. Currently, USCC is open to qualified investors, and fund shares are issued in accordance with relevant exemption provisions under U.S. securities laws.
09:43
Svmuu reports that Public, a crypto-friendly investment app, has announced the acquisition of Treasury App, an AI-powered investment service platform. The specific acquisition amount has not been disclosed. This move aims to strengthen its AI-driven brokerage business layout, with a focus on advancing AI-centric investment experience upgrades. Currently, Public supports trading of stocks, bonds, and cryptocurrencies including BTC, ETH, and SOL. (Prnewswire)
09:39
Svmuu News: Stripe officially announced a partnership with Amazon Web Services (AWS) to provide AI Agent payment capabilities for Amazon Bedrock AgentCore. AWS launched the AgentCore Payments feature on the same day, allowing AI Agents to instantly access and pay for web content, APIs, MCP servers, and other AI Agent service fees. Among them, Privy (a Stripe-owned company) will collaborate with Coinbase to provide wallet infrastructure and payment channels, supporting the initial stablecoin payment capabilities for AgentCore.
09:38
Svmuu reported that U.S. Senator Elizabeth Warren has sent a letter to Mark Zuckerberg requesting that Meta provide more information regarding its latest stablecoin initiative, criticizing the company’s "concerning lack of transparency" in related operations.
In the letter, Elizabeth Warren stated that given Meta’s massive global user base, any stablecoin-related business could have significant implications for market competition, user privacy, payment system integrity, and financial stability.
Previously disclosed information indicates that Facebook has tested stablecoin payment features with a select group of creators in Colombia and the Philippines. The relevant solution is based on USD Coin (USDC), requiring users to link a third-party crypto wallet address. A Meta spokesperson responded by stating that the company "does not have a Meta stablecoin" and currently merely aims to allow users and merchants to utilize various payment methods on the platform, including third-party stablecoins.
It is worth noting that Meta launched the stablecoin project Libra (later renamed Diem) in 2019, but ultimately terminated it in 2022 due to regulatory pressure. Warren has long been one of the toughest crypto critics in the U.S. Congress and has repeatedly raised questions about Meta's stablecoin plans. (Fortune)
09:34
Svmuureports, according to the latest data from Gate, the price of gold has risen to $4,747.54 per ounce, with an intraday increase of 1.18%. The price of silver has risen to $80.923 per ounce, with an intraday increase of 6.03%.
BVIX (BTC Volatility Index) is currently quoted at 40.54, down 1.48% intraday. EVIX (ETH Volatility Index) is currently quoted at 56.47, up 1.75% intraday.
In the forex market, the USD/CNH pair is down 0.25% intraday, with the current exchange rate at 6.79639. The USD/JPY pair is down 0.01% intraday, with the current exchange rate at 156.295. In global stock indices, the Euro Stoxx 50 (EUSTX50) is down 0.27% intraday, reported at 6021.5 points; the UK FTSE 100 (UK100) is down 0.68%, reported at 10350.5 points; and the German DAX 40 (GER40) is down 0.29%, reported at 24856.1 points.
In commodities, WTI crude oil is down 5.21% intraday, reported at $92.7 per barrel. Brent crude oil is down 4.26% intraday, reported at $101.82 per barrel.
Gate supports users in directly trading traditional financial market products within the platform, covering precious metals, forex, global stock CFDs, major indices, and commodities among other asset classes, achieving deep integration of crypto assets and traditional financial assets. Gate's TradFi-related features are now fully integrated into the Gate App and Web interface, allowing users to conveniently participate in global asset price trading without switching platforms, unlocking more strategies and opportunities outside the crypto market, and continuously enhancing the multi-asset allocation experience.
09:33
According to data from msx.com, as the U.S. stock market opened, the Dow Jones rose 0.44%, the S&P 500 rose 0.1%, the Nasdaq rose 0.11%, and the VIX fear index fell 0.35%. Crypto-related stocks fell broadly, with American Bitcoin down 6.8%, Hut 8 down 5.09%, Circle down 3.01%, Sharplink Gaming down 2.46%, and Bit Digital down 2.08%.
It is reported that msx.com is a decentralized RWA trading platform, which has listed hundreds of RWA tokens cumulatively, covering U.S. stock and ETF token targets such as AAPL, AMZN, GOOGL, META, MSFT, NFLX, NVDA, etc.

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