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5/20
11:02
Svmuu reports that fintech company Mercury has announced the completion of a new $200 million funding round, led by TCV with participation from Sequoia Capital, Andreessen Horowitz (a16z), Coatue Management, and other institutions.
Mercury primarily provides banking services to startups. It currently serves over 300,000 clients and has achieved approximately $650 million in annualized revenue. The company stated that the recent surge in AI entrepreneurship has significantly driven demand for new company registrations and account openings, serving as a key growth driver.
Meanwhile, Mercury also announced that it has received conditional approval from the Office of the Comptroller of the Currency (OCC) to apply for a federal banking charter. This would enable it to expand lending capabilities, gain access to payment networks like Zelle, and reduce its reliance on partner banks. The company's founder stated that the long-term goal remains an independent IPO rather than an acquisition. (CNBC)
10:58
Svmuu reported that with the rapid development of artificial intelligence, the surge in demand for computing power across more scenarios is also reshaping the supply structure. Industry insiders indicate that during the "14th Five-Year Plan" period, China's computing power construction focused on filling the gap in scale, resulting in continuous growth in total computing capacity.
At the same time, issues such as overall tight supply, regional supply-demand mismatches, and high usage costs persist. Revitalizing existing computing power resources and ensuring supply are the primary challenges that need to be addressed in the construction of computing power networks. Recently, China's three major telecom operators have successively launched token package products for individuals and enterprises, which industry insiders view as a sign of further popularization of artificial intelligence.
Experts state that in the next stage, the development of computing power will transition from large-scale construction to a new phase of "balanced development of construction and application, and efficient operation." Improving computing power utilization and achieving efficient scheduling have become inevitable requirements for advancing the development of computing power networks.(CCTV Finance)
10:56
Svmuu reports that, according to Onchain Lens monitoring, K3 Capital has withdrawn 7,930 ETH from Binance, worth $16.88 million.
10:52
According to Lookonchain monitoring, today US Bitcoin ETFs recorded a net outflow of 4,374 BTC, Ethereum ETFs saw a net outflow of 35,904 ETH, and Solana ETFs had a net inflow of 27,115 SOL.
10:45
Svmuu reported, according to Onchain Lens monitoring, over the past 2 hours, a whale has opened a 10x leveraged short position on HYPE, currently holding 218,406 HYPE in the position, with a position value of $11.16 million and a liquidation price of $60.98.
10:37
Svmuu reports, In a recent video interview with Cointelegraph, Gate Founder and CEO Dr. Han stated that the crypto industry is transitioning from a primarily speculation-driven market towards a phase focused on infrastructure development and real-world applications. Dr. Han pointed out that stablecoins, RWA, AI, and asset tokenization are becoming core directions for the industry, and that clearer regulatory frameworks (such as the CLARITY Act) are expected to further drive innovation in DeFi, payments, and on-chain finance.
Dr. Han also mentioned that high user entry barriers, security risks, and liquidity fragmentation remain significant challenges facing the industry. In the future, the crypto industry will further integrate with traditional finance, playing a more important role in areas such as payments, settlement, and the circulation of digital assets.
Gate continues to deepen its multi-asset and TradFi strategy. In addition to expanding into assets such as stocks, metals, forex, indices, and commodities, it has also launched Pre-IPOs with the first project, SpaceX (SPCX). At the same time, as one of the first CEX platforms to integrate Polymarket, Gate is continuously promoting the development of the prediction market ecosystem, accelerating the construction of a comprehensive trading platform that spans crypto and traditional finance.
10:36
Svmuu reported that amidst the US earnings season and the continuous advancement of AI narratives by tech giants, according to official sources from Bitget, the platform has recently added 10 new US stock contract targets. As a result, Bitget's Universal Exchange (UEX) now supports 263 US stock tokens and 81 US stock contracts. The total number of US stock-related assets tradable across the entire platform has exceeded 340.
This week enters a period of密集 earnings reports and macroeconomic data releases. Through continuous expansion, Bitget aims to provide users with a wide range of cross-market asset allocation channels.
3 Key Focus Targets This Week:
• NVDA (NVIDIA): Will release Q1 earnings after the US market closes on May 20. The implied volatility from the options market suggests a potential single-day swing of over 7.5%. As the core of AI computing power, its performance will directly impact the overall valuation trend of the tech sector.
• GOOGL (Google): Recently, at its I/O conference, Google intensively released multiple new products such as Gemini 3.5 and AI agents. The market is closely monitoring the subsequent pace of commercial implementation and revenue monetization capabilities.
• WMT (Walmart): Will release Q1 earnings before the market opens on May 21. As a retail giant, Walmart's resilience during the consumer downturn cycle is under significant scrutiny. The earnings results and guidance will directly influence investors' assessment of full-year growth expectations and the stock's short-term performance.
10:32
According to Gate data, U.S. EIA crude oil inventories for the week ending May 15 stood at -7,863K barrels, compared to expectations of -2,942K barrels and a previous value of -4,306K barrels.
U.S. EIA crude oil inventories at Cushing, Oklahoma, for the week ending May 15: -1,604K barrels, compared to a previous value of -1,702K barrels.
U.S. EIA crude oil imports for the week ending May 15: 3K barrels, compared to a previous value of -318K barrels.
U.S. EIA distillate inventories for the week ending May 15: 372K barrels, compared to expectations of -1,072K barrels and a previous value of 190K barrels.
10:27
According to MSX.COM data, the three major U.S. stock indices are rising, with the Nasdaq 100 Index expanding its gain to 1%, the S&P 500 up 0.6%, and the Nasdaq up nearly 1%.
Previously reported, the U.S.-Iran agreement text is in its final polishing stage. If the Chief of Army Staff of Pakistan does not travel to Iran, the final version of the agreement text may be announced within hours. The next round of talks will be held in Islamabad after the Hajj season.
10:23
SvmuuNews: Sources indicate that parties are working diligently to put the final polish on the agreement text between Washington and Tehran. The Pakistani Army Chief of Staff may visit Iran tomorrow to announce that the final version of the agreement text is complete. If the Pakistani Army Chief of Staff does not travel to Iran, the final version of the agreement text could be announced within hours. The next round of negotiations will be held in Islamabad after the Hajj season. Following the news, both U.S. and Brent crude oil futures briefly fell by over $1, while spot gold briefly rose by nearly $30 to a high of $4,502.89 per ounce. (Jin Shi)
10:22
Svmuu reported that Drift Protocol stated on X platform that after the protocol resumes operation, users who have staked in the Insurance Fund will be able to withdraw their corresponding shares normally. The Insurance Fund is designed to maintain the protocol's solvency during liquidation or bankruptcy scenarios. Since the protocol was paused before losses were realized through normal liquidation or bankruptcy processes, the Insurance Fund was not affected by the relevant vulnerability or attack.
Drift Protocol added that the protocol's own Insurance Fund assets will be used to support system restart and user recovery, and it plans to disclose the relevant on-chain addresses to allow the community to track fund usage and subsequent deployment.
10:19
According to Gate data, international oil prices fell in the short term, with WTI crude oil futures dropping 4.25% to $99.727 per barrel, and Brent crude oil futures falling 4.05% to $106.768 per barrel. The crude oil futures complex declined sharply, with the main low-sulfur fuel oil (LU) contract falling 4.00% intraday to 5007.00 yuan per ton. The main SC crude oil contract fell over 3%, while the main fuel oil and LPG contracts each fell over 2%.
Spot gold rose nearly 30 US dollars in the short term, reaching a high of $4502.89 per ounce.
10:18
Svmuu reported that U.S. Bitcoin-focused exchange River disclosed holding 437 BTC on its corporate balance sheet, making it the 9th largest private BTC treasury holder. It custodies over 25,000 BTC for clients and has a proven reserve ratio exceeding 100%. (BitcoinTreasuries)
10:17
Svmuu reports that OKX market data shows ZEC has broken through 615 USDT and is now trading at 615.6 USDT, with a 24H increase of 9.82%.
10:12
Svmuu reported that according to MSX.COM data, Intel's gains widened at the market open, currently up over 10%, with the stock price breaking through $120.
10:02
Svmuu News: Global payments giant MoneyGram has announced a strategic partnership with Layer 1 blockchain Tempo, becoming its core cross-border remittance verification node (Anchor Remittance Validator) and participating in network transaction verification. The three parties will jointly build a stablecoin-based global interoperable payment network, promoting on-chain settlement in real fund flows. Meanwhile, Stripe will provide on-chain stablecoin settlement services for MoneyGram on the Tempo infrastructure. (Prnewswire)
10:01
According to the official page, Binance Alpha has listed Nexus (NEX).
Contract address: 0x365de036a1f7dccb621530d517133521debb2013
10:00
According to Onchain Lens monitoring, a wallet created just three weeks ago withdrew 650 BTC from Binance, valued at $50.3 million.
09:56
Svmuureports that according to Lookonchain monitoring, a trader utilized a sniping strategy to participate in trading during the early stages of the ZEST token launch, paying approximately 536.88 BNB (around $343K) as a "bribe fee" to secure priority transaction execution rights.
The trader then invested an additional approximately $600K in USDT to buy about 18.3 million ZEST during the opening phase, bringing the total cost to roughly $943K.
Subsequently, the trader sold their entire position, recovering approximately $1.22 million, ultimately realizing a net profit of about $277K. This event once again highlights the prevalence of MEV (Maximal Extractable Value) and sniping activities in on-chain trading during the launch phase of new tokens.
09:54
Svmuu reported that US President Donald Trump said, "Many people have reminded me to pay attention to the midterm elections, but I am not in a hurry at all." (Jinshi)

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