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5/16
07:48
Svmuu reported that Grayscale posted on X, stating that its research team believes US inflation is accelerating, leaving the Federal Reserve in a policy dilemma, with the market expecting no rate cuts before September 2027. The firm pointed out that this situation has three implications for the crypto space:
First, the devaluation trade faces headwinds;
Second, tokenized fixed-income products will accelerate in development;
Third, stablecoin issuer reserve yields will increase.
07:30
1. Iran: Prepared mechanisms for managing the Strait of Hormuz, details to be announced soon;
2. Intesa Sanpaolo's crypto exposure in Q1 rose to approximately $235 million;
3. Musk says he will not sell any SpaceX shares;
4. THORChain: No refund, airdrop, or compensation plans are underway, warns community to be vigilant against scams;
5. Yili Hua: The rebound is essentially over, recommends allocating 50% of future returns to the AI sector;
6. Analyst Killa: Still holding BTC short positions, hopes the market doesn't hit his POI prematurely;
7. Machi Big Brother reopens an ETH long position, with a position value of $2.79 million;
8. Luo Yonghao reportedly made 30 million yuan from BTC investments in 2018, advising employees to focus on work and avoid crypto speculation.
07:07
According to Svmuu, analyst Killa posted on X that he is still holding a BTC swing short position and hopes the market does not hit his POI prematurely.
06:58
Svmuureports that Bitget is launching the 3rd edition of its VIP Guardian Program, with the participation deadline set for June 5, 18:00 (UTC+8) and a total prize pool of 50,000 USDT. This round targets a specific user group: users whose VIP tier was downgraded after November 15, 2025, and who have not yet reached VIP1 as of May 6, 2026.
The program includes three main sections: VIP Contracts, VIP Spot, and VIP Asset Return. Eligible users can choose one direction to participate in after completing the registration. By fulfilling the designated trading volume and net deposit requirements, users can claim corresponding USDT rewards, with a maximum of 500 USDT. Rewards are distributed on a first-come, first-served basis. For more details, please refer to the official Bitget platform.
06:55
Svmuu News: THORChain officially stated that a large number of fake accounts and false information have been spotted on the market, involving activities such as "refunds," "airdrops," and "compensation." Preliminary investigations indicate that user funds were not compromised in the previous security incident. No refund, airdrop, or compensation plan has been initiated. Any accounts claiming otherwise are imposters or are disseminating false information. Further investigation progress and additional details will be announced subsequently.
06:55
Svmuu reported that Intesa Sanpaolo, Italy's largest bank, increased its crypto exposure to approximately $235 million in the first quarter. (Solid Intel)
06:27
Svmuu News: The head of Iran's National Security and Foreign Policy Commission announced that Iran is prepared with a mechanism to manage traffic through the Strait of Hormuz along designated shipping routes, with relevant details to be released shortly. Under this process, only commercial vessels and parties cooperating with Iran will benefit. Necessary fees will be collected to cover the professional services provided under the mechanism. The passage will remain closed to operators of the "Freedom Plan." (Jinshi Data)
06:16
Svmuu News: The Criminal Investigation Bureau of the Ministry of Public Security published an article titled "Beware of Online Fraud Targeting Minors," which reveals a new type of online fraud chain characterized by the typical pattern of "game traffic redirection + impersonating law enforcement + virtual currency money laundering." Criminals place advertisements on gaming and social platforms to induce minors to add them as friends, using intimidation and other means to obtain funds from their parents' accounts. The illicit proceeds are then split and withdrawn through black-market platforms before being used to purchase virtual currencies. These virtual currencies are not bound by geographical restrictions and can silently flow back to overseas fraud dens, creating a "physical barrier" for cross-border fund transfers. The Criminal Investigation Bureau reminds the public that judicial and law enforcement agencies never handle cases online, never intimidate people into making payments, and never demand passwords or verification codes.
05:53
Svmuu News: Bloomberg analyst James Seyffart stated on the X platform that the 2x leveraged Cerebras Systems ETF (ticker: CBRG) has officially begun trading, while its underlying asset CBRS only started trading in the afternoon of the previous day. This means the leveraged ETF was launched just hours apart from its underlying asset, setting a record for an extremely fast product launch pace. This "fast-follower" ETF issuance model is accelerating. In the future, leveraged ETFs for non-listed or high-profile assets such as SpaceX, Anthropic, and OpenAI may also follow a similar rapid replication and issuance path, reflecting a significant acceleration in the productization speed of the ETF market for exposure to new assets.
05:41
Elon Musk stated that he will not sell any shares of SpaceX. Reports indicate that the company could publicly file its long-awaited IPO application as early as next week. Musk responded to a user's post on the X platform, writing: "Not selling a single share." The user had suggested he sell shares after the lock-up period ends. According to sources familiar with the matter, the company—which operates in the rocket, satellite, and artificial intelligence sectors—could publicly submit its IPO filing as early as Wednesday. The company has previously filed confidentially, planning to raise up to $75 billion at a valuation exceeding $2 trillion, which would make it the largest IPO in history.
05:22
Svmuu reported that Yi Li Hua posted on platform X stating that the current market cycle should be viewed as a rebound rather than a reversal, and recommended a strategy of selling into strength. He mentioned potential bearish factors ahead, including a normal correction in U.S. equities from highs, the impact of oil prices on inflation leading to changes in rate cut expectations, and a rebound in U.S. Treasury yields. The long-term prospects for crypto remain promising, describing the current environment as the darkest before dawn, with deep bear markets often presenting opportunities for entry and patience. He believes the AI era favors investors bold enough to invest in AI stocks and AI entrepreneurs, recommending allocating 50% of future returns to the AI sector, and stated that ALL IN AI is the only choice.
05:18
Svmuu reports that OKX market data shows BTC has dropped below 78,000 USDT, currently trading at 77,996.1 USDT, with a 24-hour decline of 3.17%.
05:14
Svmuu, THORChain posted on platform X that its developers have released an incident update on Discord. Current evidence points to a node thor16uc...cn84q, which recently joined the network, as being associated with the attack. This node is operated by a single malicious actor. The primary hypothesis is that the attacker exploited a vulnerability in the GG20 TSS implementation, causing sensitive key material of vault participants to leak over time. This ultimately enabled the reconstruction of the vault's private key and the execution of unauthorized outgoing transactions.
Regarding network status, the network has been paused after multiple node operators executed `make pause`. RUNE transfers and on-chain observation may resume within approximately 12 hours, but transactions, LP operations, signing, and other sensitive operations remain paused.
Discussed recovery plans include slashing the affected node's bond, covering losses with protocol-owned liquidity (POL), or other community-driven solutions. THORSec and Outrider Analytics are continuing their investigation. The Treasury is gathering forensic data and coordinating with relevant law enforcement agencies. Full functional recovery is expected to take several days or longer.
05:03
Svmuureports that, according to Onchain Lens monitoring, Machi‘s (@machibigbrother) 25x long position on ETH and 40x long position on BTC have been fully liquidated. His BTC position was closed at a profit, while the ETH position was closed at a loss. After the liquidation, the address reopened a 25x long position on 1275 ETH, valued at $2.79 million.
04:44
Svmuu reported that according to crypto KOL Ma Siqi's post on platform X, "Here's a little-known fact: besides being both 'Northeast master teachers' at New Oriental alongside Bitcoin OG Li Xiaolai and having private dealings with each other, Luo Yonghao also made over 30 million yuan (RMB) from investing in Bitcoin back in 2018. That year, he even advised the young employees of his company: 'Focus on your work, don't speculate in crypto.'"
In 2018, Luo Yonghao made a fortune of 30 million yuan by investing in Bitcoin, and he advised his employees to focus on their work and stay away from cryptocurrency trading.
04:44
SvmuuNews According to on-chain analyst Ai Yi's monitoring, a whale who previously purchased 11,004 ETH in 2016 at an average price of $3.45, realizing a profit of $30.38 million, has restocked ETH after a year. One hour ago, the whale bought 647.137 ETH on-chain at an average price of $2,211.49, worth $1.43 million. The address still has 14.19 million USDC available.
04:28
Svmuu News On the 16th local time, the Israel Defense Forces issued a notice stating that the military is launching airstrikes against Hezbollah infrastructure targets in multiple locations in southern Lebanon. (Jin Shi)
04:15
Svmuu News Bill and Melinda Gates have sold all their Microsoft shares, totaling 7.7 million shares, worth over $3.2 billion. (Cointelegraph)
04:03
Svmuu News: The meeting between the leaders of China and the United States has drawn intense global attention. International observers have expressed their hope that, under the strategic guidance of this summit diplomacy, China and the United States will chart a new course for major powers to coexist in the new era. While jointly building a bright future for bilateral relations, they will also bring greater stability and certainty to a world fraught with turmoil and uncertainty. William Jones, a former White House correspondent for the U.S. magazine *Global Strategy Information*, stated that as the most important bilateral relationship in the world today, the smooth sailing of the U.S.-China relationship—this great ship—cannot be achieved without the two leaders “charting the course, overseeing the big picture, and steadying the ship.” He noted that the more critical the moment, the more important effective dialogue and communication become. “This meeting has charted a clear roadmap for the future development of bilateral relations, once again demonstrating the role of summit diplomacy as a ‘guiding star’ in U.S.-China relations.” (CCTV News)
03:29
Svmuu reports that CoinGlass data shows over the past 24 hours, a total of 139,135 individuals were liquidated globally, with the total liquidation amount reaching $580 million.
Among them, the liquidation amount for long positions was approximately $552 million, while short position liquidations totaled about $27.3585 million. The largest single liquidation occurred on the Bitget platform's BTCUSDT trading pair, valued at roughly $21.5908 million.

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