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According to monitoring by Lookonchain, Abraxas Capital deposited 4,835 bitcoins worth $378 million to Kraken in the past hour. Additionally, the institution also deposited 6,000 XAUT worth $28 million to Binance, Bybit, OKX, and Bitfinex.

According to Lookonchain monitoring, Tether minted 3 billion USDT in the past week. Abraxas Capital received 2.89 billion USDT from Tether Treasury in the past week.

The address 0x90e...cBe54 withdrew 444 XAUT, worth approximately 2.08 million dollars, from Bitget 2 hours ago, suspected of re-entering the digital gold sector. This address previously accumulated 777 PAXG at an average price of 3301 dollars, then sold 555 at around 4655 dollars, making a profit of about 751,000 dollars. The remaining 222 PAXG are still held and have an unrealized profit of about 307,000 dollars, with a total profit exceeding 1.06 million dollars from both transactions.

Galaxy Research Director Alex Thorn stated on the X platform that the amount of Bitcoin currently held by Strategy has surpassed that of the world's largest Bitcoin ETF, IBIT. According to the current accumulation trend, Strategy is expected to surpass Satoshi Nakamoto in the next two years, becoming one of the largest Bitcoin-holding entities in the world.

Axe Compute Inc. (NASDAQ: AGPU), a publicly traded company on NASDAQ, announced that it has signed a 36-month AI infrastructure contract with an enterprise client, with a total contract value of approximately $260 million. The deployment includes a dedicated cluster of 2,304 NVIDIA B300 GPUs and a high-speed AI storage system, expected to officially launch in the third quarter of 2026 at a Tier 3 data center in the United States. This is the largest single enterprise contract since the establishment of Axe Compute.Axe Compute's underlying computing power infrastructure is supported by Aethir's decentralized GPU cloud. The contract includes a dedicated 4.8 megawatt N+1 redundant power supply, with deployment locations and service standards specified by the client, utilizing a structured payment arrangement. Daniel Wang, co-founder and CEO of Aethir, stated that this contract is the result of months of deep collaboration between the two teams: "The enterprise-grade workloads supported by 2,304 NVIDIA B300 GPUs are exactly the scale we aimed for when building Aethir's computing power infrastructure. Today's announcement proves that decentralized GPU infrastructure is capable of handling AI workloads from the world's top enterprises."After the announcement, Axe Compute (NASDAQ: AGPU) experienced significant stock price volatility, with an intraday increase of over 166%, reaching $14.47, and the trading volume exceeding one hundred times the average daily level over the past three months.

According to Jinshi News, European stocks opened lower, with the German DAX30 index falling by 0.31%, the Spanish IBEX35 index touching 18,000 points down by 0.67% during the day, and the UK FTSE 100 index down by 0.5%.

According to Jinshi reports, European stock index futures have widened their decline, with the Euro Stoxx 50 index futures and the German DAX 30 index futures both falling over 1%.

Circle Chief Economist Gordon Liao initiated a proposal on the Aave governance forum, suggesting an emergency adjustment to the USDC interest rate parameters in the Aave V3 Ethereum main pool to address the situation where the pool's utilization rate has remained at a very high level of 99.87% for four consecutive days following the KelpDAO attack incident.Liao stated that Aave's current interest rate mechanism has failed to effectively "clear" the market. The current supply of the pool is $1.89 billion, with the borrowing amount also at $1.89 billion, and available liquidity is less than $3 million. The borrowing interest rate remains at the upper limit after the inflection point (around 14%), and over the past 24 hours, the pool size has shrunk by about $60 million—this is due to repayment funds being used one by one to meet the withdrawal demands in the queue.Therefore, the Slope 2 parameter in the USDC deposit interest rate curve should be immediately increased from about 10% to 40% through the Risk Steward mechanism, and further confirmation to raise the target to 50% should be achieved through governance voting within 5 to 7 days. Meanwhile, the optimal utilization will be adjusted down from 92% to 87% during the transition phase, and after final confirmation, it will be reduced to 85%. According to Liao's proposal, under the new parameter settings, when the utilization rate reaches 100%, the maximum USDC deposit interest rate will increase from about 12.6% to 48.2%.

According to CoinDesk, Kraken stated that it has submitted 56 million cryptocurrency transaction tax forms to the IRS for the 2025 tax year, of which approximately 18.5 million correspond to amounts below $1, 74% are below $50, and only 8.5% exceed $600.Kraken pointed out that the lack of a minimum amount tax exemption rule for cryptocurrency payments, as well as the taxation of staking rewards as ordinary income at the time of receipt, is placing a heavy reporting burden on investors. Kraken is calling on the U.S. Congress to promote a broader minimum amount tax exemption policy linked to inflation and to allow taxpayers to choose to be taxed on staking rewards at the time of receipt or sale.

According to monitoring by Hyperinsight, in the past two hours, the main short seller on the Hyperliquid platform, "Abraxas Capital," has increased its BTC long positions by 54 units (approximately 4.2 million USD), bringing its total long position size to 5 million USD, with an average price of 77,450 USD.After completely taking profits on BTC short positions on April 12, this address began to test long positions with a small initial investment when the BTC price was around 74,000 USD, and has initiated rolling positions for the first time today, continuing to build positions as of the time of publication.

Uzbekistan President Shavkat Mirziyoyev signed a decree to establish the "Besqala Mining Valley" cryptocurrency mining special zone, aimed at developing green energy mining and attracting international investment.Miners can sell cryptocurrency assets on local and overseas exchanges, with profits directly entering local bank accounts. In terms of policy, participants in the mining area are exempt from income tax until 2035 and only need to pay a management fee of 1% of their income; the electricity price is set at 1800 som per kilowatt-hour, with preferential exceptions for investment projects over 100 million dollars. In terms of access, only locally registered companies can apply, and they must have power facilities and pass approval, with relevant responsible persons not having a record of economic crimes.

According to a report by AXIOS citing U.S. officials, Trump suspended a controversial maritime law, the Jones Act, during the Iran war, making the transportation of oil within the United States more convenient—now he hopes to maintain this status.The law known as the Jones Act, enacted in 1920, increased shipping costs between U.S. ports by requiring goods to be transported by vessels flying the U.S. flag. In response to rising fuel prices due to the Iran war, Trump issued a 60-day waiver of the law on March 18 to streamline oil transportation.According to data provided by the White House, since then, 40 tankers have been able to transport oil between U.S. ports from California to Texas, Florida, and Alaska, increasing the actual available fleet size by 70%, thereby helping to reduce costs.

According to Bitget market data, the price of preSPAX has surpassed 654 USDT, currently reported at 654.55 USDT, with a 24-hour increase of 9.09%.

According to the official announcement, the first phase of the Bitget IPO Prime project preSPAX has now completed allocation, and spot trading will begin today at 20:00 (UTC+8). For more details, please refer to the Bitget official platform.

According to DL News, the Russian government has published a draft bill on the State Duma website, proposing to hold criminal liability for organizing the circulation of digital currencies without registration or permission from the Central Bank of Russia, with a maximum penalty of 7 years of forced labor.The draft states that ordinary violators could face fines of up to approximately $4,000 and a maximum sentence of 4 years; operators of large cryptocurrency trading platforms could face fines of up to approximately $13,000, and responsible individuals could be sentenced to 5 to 7 years. The bill also proposes that most cryptocurrency transactions be completed through commercial bank apps and imposes penalties on industrial cryptocurrency miners for unreported activities. If approved by the State Duma and the president, the new regulations are set to take effect on July 1, 2027.

According to monitoring by Hyperinsight, in the past 16 hours, the Galaxy Digital associated address (0xcac) has continuously closed ETH short positions, reducing holdings by a total of 905 ETH, approximately worth 2.09 million USD. Currently, there is still a floating profit of 2.6 million USD, with a position size reaching 7.4 million USD.Since March, this address has significantly reduced its positions, continuously selling BTC and ETH spot while simultaneously closing short positions, with a total spot selling volume reaching 11 million USD, completing the liquidation; the size of the short positions has also decreased from 35 million USD to the current 13.8 million USD, during which the funding rate settlement recorded approximately 3.5 million USD in profits.It is reported that this address has received on-chain funds from Galaxy Digital multiple times and has been executing a neutral arbitrage strategy on Hyperliquid for a long time, typically maintaining risk neutrality by selling spot and closing short positions, or buying spot and increasing short positions.

According to market news, the Korean National Tax Service has issued a tender announcement, planning to introduce cryptocurrency transaction tracking software from institutions such as Chainalysis and TRM Labs to monitor cryptocurrency transaction records in real-time, track hidden assets of suspected tax evaders, and combat tax evasion behaviors through disguised inheritance, gifting, and offshore tax evasion using cryptocurrency.The system can track approximately 70 million types of cryptocurrencies, including Bitcoin, Ethereum, XRP, and stablecoins, covering 45 blockchain layers. It also has the capability to identify "mixing" money laundering techniques with its "de-mixing" ability and can perform a certain degree of identity recognition for non-custodial wallets such as MetaMask and Phantom. This is the third time the National Tax Service has introduced related solutions since 2024, with plans to complete system construction in June and officially put it into use starting in July.

According to Jinshi News, European stocks opened lower across the board, with the German DAX index down 1.15%, the UK FTSE 100 index down 0.55%, the French CAC 40 index down 1.12%, the Euro Stoxx 50 index down 1.24%, and the Italian FTSE MIB index down 1.36%.

BNB Treasury Company BNB Plus disclosed that it has received a notice from Nasdaq, stating that it no longer meets the continued listing standards due to its stock price being below the minimum requirement of $1, and because it implemented a reverse stock split in the past year, it is not eligible for the regular compliance period. The company stated that it has requested a hearing, and its stock will continue to trade on Nasdaq until the outcome is determined.In addition, BNB Plus announced that the board of directors has approved the initiation of a strategic alternatives assessment to maximize shareholder value, with potential options including mergers, reverse mergers, asset sales, joint ventures, financing, and other transactions. As of now, the value of its crypto treasury assets is approximately $12.2 million.