News linked to both this project and an event.
The Bitfinex Alpha report notes that Bitcoin held its $59,200 low after multiple tests and rebounded 3.54% this week to close at $65,655. This rally stems more from exhaustion of selling pressure than from new demand: open interest in futures has declined significantly from its May highs; short-term holders have been selling at a loss; and exchange balances have dropped to a seven-year low—indicating the market has entered a phase of deleveraging and release of selling pressure. Short-term holders remain broadly underwater by approximately 17%–19%, suggesting substantial potential overhead supply remains.
Bitfinex Alpha's latest report indicates that Bitcoin has entered a deeper correction phase, dropping to a low of $59,200 on June 5, a cumulative 53% decline from its all-time high in October 2025. This decline is primarily driven by record outflows from spot ETFs, derivative deleveraging, and sustained pressure from a high-interest-rate macroeconomic environment. The yield on the 10-year US Treasury note currently remains above 4.45%, further dampening market expectations for a Fed rate cut.On-chain and fund flow data suggest the current market is closer to a "distribution phase" than "panic selling." The spot Cumulative Volume Delta (CVD) has turned significantly negative after strong accumulation from April to May, indicating that recent buyers are steadily exiting. Meanwhile, the cost basis for short-term holders has fallen below the True Market Mean of $77,800, meaning a large number of new investors are in unrealized loss positions, creating significant selling pressure for any potential rebound. As the price approaches the overall realized cost basis of around $53,900, the characteristic of reducing positions on bounces is becoming more pronounced.At the macro level, the US economy continues to grow, but inflation is eroding real household income. The job market remains robust, with job openings hitting a nearly two-year high and continued job creation exceeding replacement levels. Sectors such as healthcare, manufacturing, construction, and leisure and hospitality are all expanding. However, inflation is expected to continue outpacing wage growth, leading to a decline in real purchasing power and presenting the Fed with a more complex balance between maintaining employment and controlling inflation.The key driver of current market trends has shifted to real yields. Driven by rising energy prices and geopolitical risks, inflation expectations are heating up, pushing both nominal and real yields on US Treasuries higher. Higher real yields increase the opportunity cost of holding non-yielding assets, prompting investors to reassess their allocation to risk assets. Bitcoin has been the first to feel the impact, with US spot ETFs experiencing their largest outflows since launch. The market has also shifted from betting on rate cuts to pricing in the risk of "higher for longer" interest rates. Bitfinex Alpha believes that, in the current phase, the trajectory of real yields has become the most important variable influencing performance in both traditional financial and digital asset markets.Despite short-term pressure, the institutionalization process continues. The report notes that Securitize's approval to list on the New York Stock Exchange signals that tokenization infrastructure is further integrating into the traditional financial system. Concurrently, the US GENIUS Act is advancing a regulatory framework for stablecoins, bringing issuers under compliance requirements similar to those for traditional financial institutions. The institutio
according to an official announcement, based on a recent review, Binance will remove the following tokens from its featured list at 06:00 UTC on May 29, 2026: DIGI (MineD), K (Sidekick), SKI (SKIMASKDOG), JOJO (JOJOWORLD), PLAYSOLANA (PlaySolana), 恶俗企鹅 (William Tell Penguin), PAL (Palio), TYCOON (DinoTycoon), HIPPO (sudeng), LN (LnfiNetwork), BNBXBT (BNBXBT), and BOOM (Boom). After removal, withdrawal or sell operations will still be permitted on Binance Alpha.
According to an official announcement, based on a recent review, the following tokens do not meet the Binance Alpha standards and will be removed from the selected list on May 14, 2026 at 06:00 (UTC): PRAI, COMMON, PINGPONG, TAKER, JANITOR, GATA, KLINK, CORL, SWTCH, ARIAIP, LONG, ZKWASM, GORILLA, ECHO, LITKEY, FIR, GM, DELABS, DONKEY, WHY. After removal, users can still withdraw or sell these tokens through Binance Alpha or the Binance wallet.
the latest Bitfinex Alpha report indicates that as May began, BTC successfully navigated through the dense sell-off zone between $78,000 and $79,000, briefly approaching $83,000. This rally is primarily driven by spot demand, rather than leveraged funds. Since May 8, the spot CVD (Cumulative Volume Delta) has risen significantly, showing that buyers are continuously taking the initiative to absorb market supply. ETF inflows and public market accumulation are the main drivers, while long-term holders have now accumulated close to 4 million BTC, the largest increase since the pandemic crash in 2020, suggesting that circulating market supply is being further locked up. The market currently estimates the probability of the Federal Reserve keeping interest rates unchanged in June at approximately 94%. Against the backdrop of macroeconomic uncertainty, institutional capital continues to deploy into the crypto market.
According to on-chain analyst Onchain Lens (@OnchainLens), over the past 24 hours, Pastel Alpha founder Cooker.hl (@CookerFlips) sold 45,786 HYPE tokens at an average price of $39.39, receiving $1.8 million in USDC, which was subsequently deposited into Coinbase.
According to the official announcement, following a recent review, the following tokens—deemed non-compliant with Binance Alpha standards—will be removed from the Recommended List at 09:30 UTC on April 30, 2026: REX (Revox), XO (XocietyToken), TANSSI (TANSSI), DARKSTAR (DarkStar), YALA (Yala), RCADE (RCADE), RDAC (Redacted), SKATE (Skate), OVL (OverlayProtocol), SLAY (SatLayer), Ghibli (Ghiblification), Ghibli (GhibliCZ), PHY (DePHYNetwork), VLR (Velora), SVSA (SavannaSurvival), WBAI (WhitebridgeNetwork), EDGEN (LayerEdge), FAIR3 (FairandFree), MM (MOMOFUN), BUBB (Bubb), AICell (AICell), XLAB (Dexlab), and SIGHT (EmpireofSight). After removal, these tokens will still be supported for selling or withdrawal via Binance Wallet.
Odaily reports, according to an official announcement, based on a recent review, the following tokens will be removed from the recommended list on April 30, 2026, at 09:30 (UTC) as they no longer meet the Binance Alpha standards: REX (Revox), XO (XocietyToken), TANSSI (TANSSI), DARKSTAR (DarkStar), YALA (Yala), RCADE (RCADE), RDAC (Redacted), SKATE (Skate), OVL (OverlayProtocol), SLAY (SatLayer), Ghibli (Ghiblification), Ghibli (GhibliCZ), PHY (DePHYNetwork), VLR (Velora), SVSA (SavannaSurvival), WBAI (WhitebridgeNetwork), EDGEN (LayerEdge), FAIR3 (FairandFree), MM (MOMOFUN), BUBB (Bubb), AICell (AICell), XLAB (Dexlab), SIGHT (EmpireofSight). Following the removal, users will still be able to sell or withdraw these tokens via the Binance wallet.
According to on-chain data, the Bitlayer team's multi-signature address (0x8E9E...c641) conducted token cross-chain and consolidation operations yesterday. Transaction records show that the address cross-chained BTR tokens from the ETH chain to the BSC chain and then transferred a total of 20 million BTR in two transactions (5 million and 15 million respectively) to the Binance Alpha wallet address.https://bscscan.com/tx/0x4ffd5d316c67d45c2b574473c98d8307797476476232a0a3777bc42c56f07878https://bscscan.com/tx/0x71485961b04e5385df6408a80dad9d126234f2a5da5922b5a93338dc9dbdd7a9According to CMC data, the current circulating supply of BTR is 333.28 million. The total amount transferred to Binance by this address accounts for approximately 6.00% of its circulating supply. BTR is currently trading at $0.03385, up 6.24% in the past 24 hours, with a circulating market cap of approximately $11.28 million.
PrimePiper has launched an enterprise-grade prime broker platform for AI agents, designed to address challenges including fragmented account management, inadequate risk control, inability to reconcile across venues, and insufficient compliance auditing in AI-driven automated trading. According to the company, its infrastructure supports unified connectivity to multiple trading venues—including Hyperliquid, OKX, Tiger Brokers, and Interactive Brokers (IBKR). For risk control, PrimePiper offers enterprise-grade API key management, spending limits, and circuit-breaker mechanisms to constrain AI agent trading behavior. At the execution layer, it enables automated strategy execution via SDK or the Model Context Protocol (MCP). For compliance and auditing, it provides audit-grade reporting capabilities tailored for funds and traders. PrimePiper has been selected for the latest cohort of Founders Inc’s accelerator program; its product is currently in the Alpha stage. Team members hail from Galois Capital, Kraken, DRW, and AWS.
According to on-chain analyst Ai Aunt (@ai_9684xtpa), the $SIREN manipulator has replicated its previous tactics within the past six hours, withdrawing 1.369 million tokens—valued at approximately $2.45 million—from the Binance Alpha wallet. The current token concentration has exceeded 93%.
According to on-chain analytics platform Lookonchain (@lookonchain), a mysterious whale has withdrawn 31.55 million SIREN tokens from Binance Alpha over the past two weeks, valued at approximately $64.67 million. Meanwhile, the SIREN price surged over 150% today.
According to on-chain analyst Yujin (@EmberCN), over the past four days, four wallets collectively transferred 1.23 billion AKE tokens to Binance Alpha—representing 55% of the circulating supply and valued at approximately $8.67 million. He noted that AKE surged to $0.00158 yesterday before retreating by 65%, and this inflow may be one contributing factor. Additionally, since these AKE tokens began entering Binance Alpha, its daily trading volume has risen from $2 million to $34 million.
According to on-chain analytics platform Lookonchain (@lookonchain), Abraxas Capital (Alpha Bitcoin Fund) has deposited 1,993 BTC (approximately $148.3 million) into Kraken once again. Since March 14, the firm has cumulatively deposited 9,582 BTC (approximately $691 million) into Kraken and currently holds 20,337 BTC (approximately $1.51 billion).
According to on-chain analyst Yujin (@EmberCN), a group of addresses suspected to be linked to the SIREN market maker has been continuously withdrawing 30.07 million SIREN tokens—worth approximately $25.09 million—from the Binance Alpha wallet since April 5. During the same period, the SIREN price rebounded from $0.13 to $0.83. Previous analysis indicated that these market-maker-associated addresses controlled at least 88.5% of all SIREN tokens; including the aforementioned withdrawal addresses, their on-chain dominance may now exceed 93%. If centralized exchange holdings are also factored in, the proportion could be even higher.