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According to CoinDesk, Michael Kramer, founder and CEO of Motte Capital Management, stated that the U.S. Treasury's related settlement operations are expected to withdraw about $150 billion in liquidity from the financial system, which may exacerbate Bitcoin's current decline.He pointed out that Bitcoin often serves as a leading indicator of liquidity and has recently fallen below the key support level of approximately $75,000, down about 11% from this month's high of $82,500. Michael Kramer expects that this round of liquidity tightening will mainly come from U.S. Treasury bonds and short-term Treasury bill settlements.

According to CoinDesk, Coinbase's Ethereum Layer 2 network Base has launched an AI integration tool called Base MCP, which allows users' Base accounts to connect to AI clients such as ChatGPT, Claude, and Cursor. Users can complete transfers, token exchanges, check balances, view transaction records, and interact with DeFi applications through natural language.

According to CoinDesk, Mark Connors, Chief Investment Officer of Risk Dimensions and former Head of Global Portfolio Management at Credit Suisse, stated that Bitcoin's previous underperformance against the S&P 500 index, which lasted for 142 days, ended in early May, marking the longest duration in history. It has now entered a new phase of outperformance.

The person in charge of the prediction market Polymarket stated that the recent security incident was caused by the leakage of a private key that had been in use for six years. This private key was used for internal recharge configuration, and some funds consequently flowed to related addresses.The team has now completed the rotation of the private key and revoked all production environment permissions. The subsequent plan is to migrate all private keys to a Key Management Service (KMS), abandoning traditional storage methods. The platform and UMA contracts were not attacked, user funds are safe, and platform operations are unaffected.

The Bitwise Hyperliquid ETF (BHYP) reached an asset management scale of $30.5 million within the first five trading days after its listing, with a net inflow of $26.9 million.

The China Securities Regulatory Commission and seven other departments jointly issued the "Implementation Plan for Comprehensive Rectification of Illegal Cross-Border Securities, Futures, and Fund Operating Activities."It is reported that the overall requirement of the "Rectification Plan" is to carry out concentrated rectification for two years, completely banning the illegal cross-border operating activities of foreign securities, futures, and fund operating institutions, and achieving the rectification goal of "resolutely banning the illegal and steadily cleaning up the existing stock."The targets of rectification include foreign institutions engaged in illegal cross-border securities, futures, and fund business, domestic related or cooperative entities assisting foreign institutions in illegal cross-border operations, illegal intermediaries soliciting domestic investors, internet platforms and online self-media that illegally publish information, and so on. Illegal cross-border operating activities of foreign institutions will be banned in accordance with the law, and behaviors of relevant entities that violate laws and regulations related to foreign exchange management, anti-money laundering, cybersecurity and information management, personal information protection, etc., will also be included in the scope of rectification.

According to official news, Circle CEO Jeremy Allaire stated in a social media post that cirBTC is about to launch. Circle Wrapped Bitcoin (abbreviated as cirBTC) is a tokenized BTC that is 1:1 backed by native Bitcoin (BTC), issued by Circle on the Ethereum mainnet and Arc network.Each cirBTC is supported by a reserve of 1:1 native BTC, which is held in custody by a regulated entity under the Circle group.

According to Business Insider, the blockchain venture capital firm BlockBooster announced the launch of its first fund, BlockBooster Digital Venture Fund I, on May 15, with a scale of $50 million. The fund focuses on four major tracks: AI infrastructure, on-chain transaction ecosystems, on-chain asset management, and tokenization of real-world assets (RWA), marking the company's formal entry into the digital economy as a comprehensive alternative asset manager.

According to official news, the on-chain vault protocol Plume has been granted a digital asset business license by the Bermuda Monetary Authority, becoming the world's first regulated on-chain vault manager.Plume will be part of the Bermuda digital asset regulatory framework alongside Circle, Coinbase, and Kraken, which are already operating under this regulatory framework.

Bitget is about to launch preOPAI flexible wealth management. During the event, users can go to the "Easy Coin Earning" section to subscribe to preOPAI, with a maximum of 5% APR. The subscription will open on May 19 at 18:00 (UTC+8). Specific parameters are subject to what is displayed on the subscription page, and more details can be found on the Bitget official platform.

Bitwise tweeted that it will use 10% of the management fees from its Hyperliquid ETF ($BHYP) to hold HYPE on the company's balance sheet, taking concrete action to support the development of the Hyperliquid ecosystem.Bitwise emphasized that Hyperliquid adopts a community-first model, with 99% of the blockchain's revenue used for the buyback and destruction of HYPE, stating, "If the protocol succeeds, the community should succeed." Bitwise's decision to hold HYPE is based on this principle.

Bitcoin mining company and AI infrastructure company IREN announced that it has acquired the creative and media agency Awaken, which focuses on content strategy and brand building for high-growth companies.According to the announcement, some core members of Awaken will join IREN, including Awaken founder and CEO Chris Parker, who will be responsible for IREN's overall branding and marketing strategy.IREN co-founder and co-CEO Daniel Roberts stated that as the company continues to expand into new markets and customer bases, the importance of brand awareness and user engagement is increasing. The Awaken team has long been a trusted partner of IREN, and internalizing these capabilities is a natural step in the company's expansion process.

According to Crowdfund Insider, digital bank Revolut announced that its trading division, Revolut Trading Ltd, has received an extension of permissions approved by the UK's Financial Conduct Authority (FCA) to launch more comprehensive investment and wealth management services in the UK market.Under the newly approved Variation of Permissions (VoP) license, Revolut can now manage investment portfolios for clients and participate in certain transactions as a principal. This means that the platform will be able to offer leveraged investment products, professionally managed portfolios, and customized wealth management services for high-net-worth users in the future, all of which will be integrated into its mobile application, alongside everyday banking and payment tools.It is reported that Revolut plans to further introduce AI-driven portfolio recommendation tools, continuing its transformation into a "one-stop financial platform." Earlier this year, Revolut officially obtained a full banking license in the UK. Analysts believe that the FCA's approval indicates an increase in its maturity as a regulated financial institution, while also reflecting that fintech companies are accelerating their competition with traditional banks and wealth management institutions.

Gate released the private wealth management report for April 2026. The report indicates that the overall cryptocurrency market is showing a strong fluctuation due to the continuous inflow of ETF funds and expectations of interest rate cuts. In April, BTC and ETH rose approximately 11.9% and 7.3%, respectively. Among them, the net inflow of BTC ETF reached $2.44 billion in a single month, setting a new high in nearly six months, and the total management scale surpassed $100 billion for the first time, indicating a significant rebound in market risk appetite.In terms of product performance, the overall annualized return of Gate's private wealth USDT strategy is approximately 5.6%, continuing its steady performance. The "Interstellar Hedge (USDT)" has achieved a cumulative return of 18.2%, with all 22 cycles generating positive returns, achieving a win rate of 100%; the "Star Core Intelligent Investment (USDT)" has reached a maximum return rate of 9.5% in the past year; the "Gravitational Hedge (USDT)" has maintained a win rate of 100% for two consecutive years, with a maximum drawdown of only 0.01%, demonstrating outstanding risk control capability. Overall, the historical maximum drawdown of each strategy is generally controlled within 0.9%.Looking ahead, the report points out that the BTC RHODL ratio has risen to 4.5, the third highest level in history, while exchange reserves have fallen to a seven-year low, indicating an enhanced trend of long-term holding and continued supply contraction, with a generally optimistic outlook for the medium to long-term market.

According to official news, 21Shares announced the launch of an actively managed crypto ETF, code TKNS. The fund is managed by a professional team and aims to capture market opportunities and outperform passive index funds. The portfolio manager will adjust holdings based on market conditions to balance long-term goals with short-term opportunities. The fund operates like a standard stock ETF, with simplified tax reporting, and is currently tradable on certain brokerage platforms.

According to News1, the Korean National Tax Service is piloting the custody and management of seized virtual assets by entrusting them to private cryptocurrency custody institutions for the first time, with plans to run a trial until the end of this year.Major custody institutions in Korea, such as KODA, KDAC, Hecto WalletOne, BDACS, and InfiniteBlock, are all prepared to participate. Although the budget for this pilot project is only about $5,800, the industry believes that obtaining a reference case from the "Korean National Tax Service project" is of symbolic significance.

Bitget launches VIP exclusive ETH wealth management, aimed at VIP users participating in CC PoolX from May 6, 18:00 to May 10, 18:00 (UTC+8). During the event, relevant users can go to the "Easy Coin Earning" section to purchase ETH, enjoying a maximum of 5% APR. The participation period is from May 10, 18:00 to May 15, 18:00 (UTC+8).At the same time, Bitget will allocate a total of 100 NVDAON rewards to VIP users who meet specific trading thresholds based on the deposit time, amount, and holding duration of ETH. For more details, please refer to the Bitget official platform.

Bitget launches VIP exclusive BTC wealth management, aimed at VIP users participating in UMXM PoolX from May 6, 18:00 to May 9, 18:00 (UTC+8). During the event, relevant users can go to the "Simple Earn" section to purchase BTC, enjoying up to 2% APR. The event period is from May 9, 18:00 to May 14, 18:00 (UTC+8).At the same time, Bitget will allocate a total of 100 NVDAON rewards to VIP users who meet specific trading thresholds based on the BTC deposit time, amount, and holding duration. For more details, please refer to the Bitget official platform.