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5/12
03:25
Svmuu Coinbase CEO Brian Armstrong plans to meet with U.S. Republican senators this Wednesday, on the eve of a key committee vote on the CLARITY Act scheduled for Thursday by the Senate Banking Committee.
Reports indicate the latest draft of the bill exceeds 300 pages, covering mechanisms for stablecoin reward programs, DeFi protection clauses, and federal regulatory standards for digital assets. Previously, Coinbase had withdrawn its support for the bill due to restrictions on stablecoin yield and DeFi protections. However, after revisions driven by Senators Thom Tillis and Angela Alsobrooks, Armstrong has recently softened his stance, stating the industry "didn't get everything it wanted, but the core demands were preserved."
Currently, U.S. banking organizations continue to lobby for tighter stablecoin provisions, while some Democratic lawmakers are demanding the inclusion of conflict-of-interest clauses to restrict government officials from engaging in crypto-related business. Market participants are closely watching the outcome of this week's committee deliberations, which could determine whether the first comprehensive U.S. crypto regulatory framework can advance toward enactment by the end of 2026. (FinanceFeeds)
03:15
Svmuu reported that BIT's official Chinese-language market analysis stated that Circle's stock price rose 16% overnight, currently approaching its March 2026 high. The market is pricing in expectations that uncertainty surrounding crypto regulation may ease.
BIT indicated that this week could become a critical juncture for the advancement of the CLARITY Act, with the market generally viewing Circle as a direct beneficiary of regulatory clarity. It also noted that USDC market capitalization has maintained steady growth lately, and Circle's recent rally reflects market expectations for potential favorable policies and regulatory developments, rather than short-term fundamental improvements.
BIT believes that if digital asset regulatory rules are further clarified, it could not only provide support for Bitcoin but also encourage more institutions to participate in the market.
02:41
Svmuu News: Rezaei, the spokesperson for the Iranian Parliament's National Security Committee, stated that if the US launches a new attack, Tehran may enrich uranium to 90%, and the parliament will discuss this option.
02:39
Svmuu News The Israeli military claims that since the "start of the ceasefire understanding," the Israeli Air Force has struck more than 1,100 Hezbollah targets, killing over 350 Hezbollah members. The Israeli military also posted on social media, stating that warplanes destroyed Hezbollah buildings, weapons depots, and other infrastructure within Lebanon. Since April 16, the "ceasefire" between Lebanon and Israel has been nominal, with Israel continuing to launch attacks and Hezbollah responding accordingly. (Al Jazeera)
02:12
Svmuu News: Korean trader Definalist posted on social media, stating that during Upbit's recent listings of WIF and VVV, there appears to have been suspicious insider trading activity.
Definalist claims that multiple addresses funded by Upbit's hot wallet made purchases ahead of WIF's listing on Upbit and quickly sold off after the listing, with similar on-chain operations observed for VVV. Definalist also noted that Upbit has been frequently testing the STABLE token recently, and some wallets suspected to be related had previously engaged in buying STABLE.
01:46
Svmuu reported that Christopher Delgado, the former CEO of Goliath Ventures, recently issued a public apology to investors after being charged by US prosecutors with operating a crypto Ponzi scheme involving approximately $328 million.
Delgado stated that he had betrayed the trust of his investors and said he voluntarily returned to the United States to face charges of fraud and money laundering. Prosecutors allege that between January 2023 and January 2026, he promised investors fixed monthly returns under the guise of "crypto liquidity pool investments," while actually using subsequent investors' funds to pay returns to earlier participants.
US prosecutors also claim that a portion of the funds was used to purchase Florida real estate valued at a total of $14.5 million, as well as to fund lavish events and travel. Delgado is currently out on bail. If convicted on all counts, he could face up to 30 years in federal prison. (Cointelegraph)
01:45
Svmuureported that according to an official announcement, Bitget's stock contracts have now listed six underlying assets: DRAM (Roundhill Memory ETF), AXTI (AXT Inc), LWLG (Lightwave Logic), KOPN (Kopin Corporation), NIO (NIO Inc.), and USAR (USA Rare Earth), covering popular sectors such as memory, optical communications, and rare earth resources. The aforementioned contracts support up to 20x leverage. For more details, please refer to the Bitget official platform.
01:31
According to Onchain Lens monitoring, a wallet linked to BIT has sold its final 99,612 HYPE tokens.
Data shows that the address has sold a total of 403,290 HYPE tokens, exchanging them for approximately 16.88 million USDC at an average selling price of around $41.86, and has now completed the full liquidation.
01:30
1. Bitmine plans to hold 5% of Ethereum's supply by the end of 2026;
2. Fluid: The $19.3 million bad debt from the Resolv incident will be shared jointly by Resolv, the Fluid treasury, and others;
3. The U.S. Senate Banking Committee releases the CLARITY Act draft, requiring senators to submit amendments by tomorrow;
4. Bitcoin spot ETFs saw a total net inflow of $27.2864 million yesterday, led by Morgan Stanley's MSBT with a net inflow of $26.3046 million;
5. Ethereum spot ETFs saw a total net outflow of $16.8868 million yesterday, led by Grayscale Ethereum Trust ETHE with a single-day net outflow of $7.587 million;
6. Upbit adds Venice Token (VVV) to its KRW, BTC, and USDT markets;
7. Telegram founder: TON launches a new toolchain, Acton;
8. Ark Invest purchases $5.5 million in Circle stock;
9. RKC developers have cashed out 6,260 SOL; RKC drops 90% after Roaring Kitty deletes posts.
01:26
Svmuu News Citi released a report, stating that it expects SK Hynix (000660.KS) to benefit from a strong upward trend in the average selling price of bulk memory, as well as better-than-expected price growth for High Bandwidth Memory (HBM) in the second half of 2026.
As the bank expects HBM pricing to increase by 30% quarter-on-quarter in the fourth quarter of 2026, it anticipates that SK Hynix will benefit from the HBM product mix effect and strong bulk memory pricing supported by Anthropic's recent updates (which have more than doubled the token limit). The bank raised its target price from 1.7 million won to 3.1 million won. It maintains a "Buy" rating. (Jin Shi)
01:21
Svmuu News: HSBC Global Research has raised its target price for SK Hynix from 1.8 million KRW to 2.9 million KRW. (Jinshi)
01:01
Svmuu reports that Upbit has listed Venice Token (VVV) on its KRW, BTC, and USDT markets.
00:49
According to SoSoValue data, yesterday (May 11, Eastern Time) Ethereum spot ETFs recorded a total net outflow of $16.8868 million.
The Ethereum spot ETF with the highest single-day net inflow was Blackrock's ETF ETHA, with a net inflow of $2.1186 million. ETHA's total historical net inflow currently stands at $11.999 billion.
The Ethereum spot ETF with the largest single-day net outflow was Grayscale's Ethereum Trust ETF ETHE, with a net outflow of $7.587 million. ETHE's total historical net outflow has now reached $5.272 billion.
As of press time, the total net asset value of Ethereum spot ETFs stands at $13.850 billion, with the ETF net asset ratio (market cap relative to total Ethereum market cap) at 4.91%. The cumulative historical net inflow has reached $12.070 billion.
00:49
Svmuureports that according to SoSoValue data, yesterday (Eastern Time May 11) Bitcoin spot ETFs saw a total net inflow of $27.2864 million.
The Bitcoin spot ETF with the largest single-day net inflow yesterday was the Morgan Stanley ETF MSBT, recording a net inflow of $26.3046 million. MSBT's historical total net inflow now stands at $220 million.
Next was the Invesco and Galaxy Digital ETF BTCO, with a single-day net inflow of $7.342 million. BTCO's historical total net inflow has reached $241 million.
The Bitcoin spot ETF with the largest single-day net outflow yesterday was Blackrock's ETF IBIT, with a net outflow of $7.4267 million. IBIT's historical total net inflow currently stands at $66.091 billion.
As of press time, the total net asset value of Bitcoin spot ETFs was $109.084 billion, with the ETF net asset ratio (market cap as a percentage of Bitcoin's total market cap) reaching 6.66%. The historical cumulative net inflow has reached $59.368 billion.
00:47
Svmuu News According to the official announcement, CoinSafe will downgrade and stop the following spot trading pairs on May 15, 2026 at 03:00 (UTC): ATOM/FDUSD, AXS/BTC, CELO/BTC, GAS/BTC, MANTA/FDUSD, PYTH/BTC, SANTOS/BTC, SIGN/FDUSD, SOPH/FDUSD, XVS/BNB and XVS/BTC.Meanwhile, CoinSecurity will terminate its spot trading bot service for these pairs on the same day, and users are advised to update or cancel the bot in advance to avoid potential losses.
00:34
Svmuu: Cointelegraph posted on X that the U.S. Senate Banking Committee has released a 309-page draft of the CLARITY Act. Committee members must submit amendments before tomorrow for consideration on Thursday.
00:17
Svmuu: Bitmine Chairman Tom Lee stated that Bitmine purchased 26,659 ETH last week. Although this buying pace has slowed from the previous weekly rate of over 100,000 ETH, the company still plans to hold 5% of Ethereum's circulating supply by the end of 2026. Currently, the company's total staked Ethereum exceeds 4.7 million ETH, with expected annual rewards of approximately $352 million after all is staked.
Tom Lee believes that if Ethereum's closing price exceeds $2,100 by the end of May, it will confirm that a "crypto spring" has arrived.
5/11
23:52
According to GMGN data, the BASE ecosystem token VVV briefly surged past $18.5, marking a new rebound high, and is currently trading at $17.69, with an intraday increase of over 15%.
23:42
Svmuu News: According to the Financial Times, foreign investors are withdrawing from India at a record pace. (Jinshi)
23:32
Svmuu News According to the official announcement, Coin Leverage will add MEGA/U, TON/U and TON/USD1 full pairs on May 12, 2026 at 08:00 (UTC) for users to trade on leverage.

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