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5/7
11:43
Svmuureported that Strategy (formerly MicroStrategy), led by Michael Saylor, has been accelerating its Bitcoin acquisitions this year. JPMorgan analysts stated that if the current pace continues, the company's total Bitcoin purchases for the year could reach approximately $30 billion. So far this year, Strategy has added 145,834 Bitcoin to its holdings, valued at around $11 billion. Analysis indicates that a significant portion of the company's purchases occurred when Bitcoin was below its average cost of roughly $75,000, reflecting a more "opportunistic" allocation strategy.
At the current rate, Strategy's total Bitcoin purchases in 2026 could significantly exceed the approximately $22 billion levels seen in 2024 and 2025. Analysts noted that the company has re-accelerated its buying since April, suggesting its strategy is becoming more dependent on market conditions and financing availability. Meanwhile, Strategy's stock continues to trade at a premium of approximately 26% to its net asset value (NAV), providing favorable conditions for the company to continue purchasing Bitcoin through equity and debt financing. The company currently holds approximately 818,334 BTC, with a total value exceeding $65 billion. (The Block)
11:41
Svmuu News: Major Japanese banks and securities firms are advancing plans to establish a 24/7 trading mechanism for Japanese government bonds (JGBs) by 2026, and to push forward the transition of JGBs into digital securities. The plan will migrate the registration and management of JGBs to a blockchain (distributed ledger) system, enabling the on-chain processing of issuance and circulation. Additionally, a stablecoin system will be introduced at the settlement layer to achieve low-cost, high-speed fund settlement without the need for traditional bank intermediaries, thereby improving the capital efficiency of institutional investors. Furthermore, traditional securities such as bonds will be issued and traded on-chain in the form of digital securities, driving the evolution of the JGB market into an around-the-clock, programmable financial infrastructure. (Nikkei)
11:37
Svmuu reported that the Iranian Foreign Ministry spokesperson told Iranian media on the 7th that Iran has not yet reached a conclusion on the U.S. proposal and has not responded to the U.S. side.
According to sources, a classified analysis by the U.S. Central Intelligence Agency (CIA) this week concluded that Iran could withstand a U.S. naval blockade for at least three to four months before facing more severe economic difficulties. The analysis also suggested that despite weeks of intense bombing by the U.S. and Israel, Iran still retains a significant ballistic missile capability.
A U.S. official stated that Iran currently maintains approximately 75% of its pre-war mobile launcher inventory and about 70% of its missile stockpile. The official said there is evidence that the Iranian regime has been able to restore and reactivate almost all underground storage facilities, repair some damaged missiles, and even assemble new missiles that were nearly completed at the outbreak of the war.
Iran's ability to endure prolonged economic hardship is even stronger than the CIA assessment. "The Iranian leadership has become more radical, more determined, and increasingly believes it can exhaust U.S. political will while suppressing any opposition through domestic repression. It is not uncommon for regimes to survive for years under long-term embargoes and pure aerial bombing campaigns," the source said. Iran is storing some of its oil on tankers that would otherwise be idle due to the blockade, while reducing oil field output to keep wells operational. U.S. officials said that if Iran can smuggle oil overland, the CIA may have underestimated Iran's economic resilience. (Jinshi)
11:33
Svmuu reported that during a podcast conversation between CZ and Ark Invest founder Cathie Wood, Cathie Wood clarified her previous comments regarding the "1011 flash crash" market event. She stated that Binance did not actually trigger the crash; rather, the steep decline caused the malfunction, and the combined effect of tariff-related panic amplified market vulnerabilities. CZ expressed gratitude to Cathie Wood for the clarification.
11:26
Svmuu News: sato has released a new mechanism documentation, providing further explanations on the operational logic of the Curve. The documentation reveals that sato's Bonding Curve is not a completely symmetrical exchange system; users employ different pricing logics for minting and burning, with the burn price being structurally lower than the mint price due to correction factors.
According to the documentation, the sato team defines the Curve as an "issuance system + final repurchase pool," rather than a fully redeemable backstop mechanism. The Curve is primarily responsible for issuing tokens in the early stages. Once external market liquidity matures, it transforms into a "buyer of last resort," providing on-chain repurchase functionality when secondary market liquidity is insufficient.
Earlier, some community developers pointed out that there is a state mismatch between ethCum and totalMintedFair within the sato Hook. This mismatch causes users to "buy at a higher Curve price and sell at a lower Curve price," where some ETH remains in the Hook reserve but cannot be fully redeemed through the selling path. Request Flash.
11:21
Svmuu reports: According to Coinglass data, total liquidations across the entire network exceeded $62.84 million in the past hour, with long positions liquidated at $59.6 million and short positions at $3.24 million. Additionally, ETH liquidations reached $29.6 million, while BTC liquidations amounted to $23.64 million.
11:19
Svmuu reported that Solv Protocol has announced the migration of over $700 million in tokenized Bitcoin assets to Chainlink's cross-chain protocol CCIP, and will gradually phase out LayerZero's bridging support across multiple chains. The migration involves core assets such as SolvBTC and xSolvBTC. Solv stated that the decision is based on the latest security reviews and recent cross-chain security incidents, and CCIP will become its standard cross-chain infrastructure. This move follows Kelp DAO's migration of approximately $290 million in assets to Chainlink, further strengthening the trend of "cross-chain infrastructure shifting toward security-first migration." (CoinDesk)
11:18
Svmuu reports that according to OKX market data, BTC has fallen below 80,000 USDT and is currently trading at 79,952.6 USDT, representing a 24H decline of 2.1%.
11:10
Svmuu reported from Consensus Miami 2026 that CZ stated YZi Labs currently allocates 70% of its funds to blockchain, 20% to AI, and 10% to biotechnology. He said BNB should be positioned as the native currency for AI agents, and emphasized that all blockchains need to be "AI ready," supporting agent payments and AI tool protocols like MCP. Cryptocurrency should be the most native method for AI agents to conduct cross-border payments. Regarding RWA, CZ mentioned that he believed RWA was overvalued a year ago but has now changed his view, recognizing that RWA is real and currently undervalued.
11:06
According to Svmuu, on-chain analyst Ai Yi monitored that over the past 11 hours, address 0xe5f…cceaf purchased $480,000 worth of SATO at an average price of $1.4304, buying right at the peak. This makes it the address with the highest purchase amount in the last 24 hours (and also the new second-ranked address), currently facing an unrealized loss of $276,000. 23 hours ago, it withdrew 1.23 million USDC from Hyperliquid, likely for position building. The wallet still has 750,000 USDC unused, and SATO is its only Memecoin. Although it has dropped significantly, it has not reduced its position for now.
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)

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