News linked to both this project and an event.
Odaily报道, “BTC OG insider whale” Garrett Jin has released his “Weekly Market Strategy Signal.” In his analysis, he points out that the current geopolitical situation and the trajectory of the US dollar are deadlocked: despite US strikes on Iranian-related targets, tensions in the Strait of Hormuz remain unresolved. Although US Secretary of State Rubio signaled “positive news,” the peace agreement proposed by Iran has already been vetoed by the White House.Long-term US Treasury yields continue to hover in the 5.07% – 5.18% range, reaching their highest levels in 19 years. The S&P 500 index briefly hit a new high before quickly pulling back. Garrett Jin believes that a single positive or negative catalyst is insufficient to change the market landscape. Only when at least two of the three key factors—the credit environment, Federal Reserve policy, and geopolitical conditions—converge can the market experience a substantial shift.On another front, capital expenditure in the AI sector is accelerating its shift from the United States to Asia. ByteDance plans to increase its capital expenditure to as high as $70 billion this year, while Tencent and Alibaba are also ramping up their investments. Competition in the AI arena has now escalated to the level of national competition.
Bit Digital announced it will provide a $100 million delayed draw term loan facility to a subsidiary of WhiteFiber, an artificial intelligence infrastructure and high-performance computing provider in which it holds a majority stake. The facility can be expanded to $150 million upon mutual agreement and is intended to support WhiteFiber's recent expansion plans in high-performance computing and artificial intelligence.Bit Digital expects that draws under this facility will be funded in whole or in part through a credit line secured by Ethereum. This arrangement allows Bit Digital to earn a financing spread on the loan assets while maintaining exposure to Ethereum.Bit Digital has fully exited its Bitcoin mining operations. The company reported total revenue of $27.9 million and a net loss of $146.7 million for the first quarter of 2026. (The Block)
Odaily Planet Daily reported that 10x Research posted on X platform, stating that amid Bitcoin's downturn, the mining and AI infrastructure sectors have surged significantly. KEEL rose 30%, CIFR rose 29%, IREN rose 29%, WULF rose 24%, and HUT rose 22%, primarily driven by large-scale hyperscale data center deals, campus acquisitions, and new institutional support.This week's catalysts include IREN's $1.6 billion purchase of Dell Blackwell systems, TeraWulf's acquisition of a 1 GW Kentucky campus, and Hut 8's signing of a $9.8 billion Texas lease agreement. These events indicate that the transition of Bitcoin mining companies towards AI infrastructure is accelerating.
According to the official announcement, Binance Futures will launch the CTR/USDT perpetual contract on May 28, 2026, at 09:30 UTC, with up to 20x leverage. CTR is the coordination token of the Citrea network, designed to provide access services for Bitcoin’s application layer. This contract is settled in USDT, with a minimum tick size of 0.00001, a minimum order size of 1 CTR, and a minimum notional value of 5 USDT. The funding rate cap is +2.00% / -2.00%, and funding is settled every four hours.
According to an official announcement, Binance Futures will launch the CTRUSDT perpetual contract on May 28, 2026, at 09:30 (UTC), supporting up to 20x leverage. CTR is the coordination token of the Citrea network, designed to provide access to the Bitcoin application layer. The contract is settled in USDT, with a minimum price change of 0.00001, a minimum trading volume of 1 CTR, and a minimum notional value of 5 USDT. The funding rate cap is +2.00%/-2.00%, settled every four hours. The contract will support copy trading within 24 hours of its launch.
Odaily Planet Daily reported that Bitcoin News posted on X platform, stating that Block has launched stablecoin integration on CashApp.
Cash App, the payment application from Block, now allows users to send and receive Circle-issued USDC stablecoins on Ethereum, Solana, Polygon, and Arbitrum. These transfers are currently fee-free. USDC stablecoins received via Cash App are automatically converted into U.S. dollar balances. This feature is not yet available to customers in New York State. Users must complete identity verification and are subject to transaction limits. Block has previously focused primarily on Bitcoin, including the development of mining hardware and the self-custody wallet BitKey. Earlier this year, Jack Dorsey described stablecoins as “moving from one gatekeeper to another,” while acknowledging the growing customer demand.
Odaily Planet Daily reported that Bitcoin News posted on X platform, stating that Senator Lummis said that if the Clarity Act is not passed during this Congress, US software developers will again become targets of lawsuits in the near future simply for releasing code. That's what's at stake.
Block's Cash App is gradually rolling out stablecoin payment functionality to its nearly 60 million users. According to sources familiar with the matter, the feature currently covers approximately 25% of users and is expected to reach full 100% availability within this week.The core functionality supports users in depositing and withdrawing via USDC, allowing free transfers of funds between external wallets and Cash App balances, and using stablecoins as a settlement tool for payments rather than as investment products. It currently supports transactions across four blockchain networks, including Solana, Ethereum, Polygon, and Arbitrum. Due to the irreversible nature of on-chain transactions, incorrect addresses or unsupported network transfers may result in permanent loss of funds.Block CEO Jack Dorsey previously stated that despite his longstanding preference for Bitcoin, user demand for stablecoins has prompted the company to adjust its strategy. (CoinDesk)
According to GlobeNewswire, Bitcoin financial services company Fold has announced a four-year senior secured revolving credit facility agreement with Encina Lender Finance, securing $150 million in credit funding to support the expansion of its Bitcoin rewards credit card business, including ongoing card issuance and scalable growth.
Cryptocurrency exchange Kraken has announced the launch of Bitcoin Vault, a product that allows users to maintain Bitcoin price exposure while capturing BTC-denominated yields through DeFi strategies. The product is now available on Kraken Earn. Kraken stated that Bitcoin Vault is designed for long-term Bitcoin holders, enabling users to automatically participate in on-chain yield strategies through the platform without the need to navigate complex DeFi protocols themselves. (CoinDesk)
Odaily, McKenna, a partner at Arete Capital, shared a bullish outlook, stating that HYPE has firmly established itself at its all-time high, with a first target price of $84. Based on the recent strong momentum, he expects it to surpass $100 in less than 12 months.McKenna specifically noted that the HYPE spot ETF has seen strong capital inflows since launching in the $50 range, proving that traditional financial institutions are eager to enter at this price level. Data shows that the HYPE ETF absorbed over $72 million shortly after listing, with institutional capital flowing in at a pace comparable to the early Bitcoin ETF frenzy.
According to Kairos Research data, Hyperliquid’s (HYPE) spot ETF absorbed 1.04% of its market capitalization within the first 10 trading days after launch—outperforming the debut performance of spot ETFs for Bitcoin (0.59%), Ethereum (0.41%), and Solana (0.31%) when measured by market-cap-adjusted demand. Bloomberg ETF analyst Eric Balchunas noted that 21Shares’ HYPE ETF (THYP) has surged 50% since its launch two weeks ago—growing faster than BlackRock’s Bitcoin ETF, IBIT.
According to Bitcoin Laws, New Hampshire’s “Blockchain Foundation” bill HB 639 advanced today, with the state House and Senate reaching agreement on a compromise version of the bill—after each chamber had previously passed different versions. As disclosed, the bill aims to protect several related “rights,” including the right to pay with cryptocurrency, run nodes, and conduct mining activities.
Odaily President Trump posted on Truth Social, stating that it is crucial for the U.S. Commodity Futures Trading Commission (CFTC) to retain "exclusive jurisdiction" over prediction markets, echoing the stance of CFTC Chairman Michael Selig. Trump also stated that the U.S. is formulating relevant rules, referencing his campaign promise to make the U.S. a center for cryptocurrency and Bitcoin-related fields. Under the leadership of the sole commissioner, Selig, the CFTC has filed lawsuits and amicus briefs against several states to assert its jurisdiction over prediction markets. The dispute centers on whether prediction market contracts related to sports and entertainment constitute gambling products, and whether contracts offered by regulated Designated Contract Markets (DCMs) should fall under CFTC jurisdiction. New York Attorney General Letitia James has filed a related lawsuit, Illinois has issued a cease and desist order, and Minnesota Governor Tim Walz signed a law last week imposing criminal penalties for operating prediction markets. Indonesia, Spain, and India have recently banned the operation of prediction markets within their territories. An investigation into prediction markets by a U.S. House committee was also confirmed last week. (CoinDesk)
According to official data, the "2026 World Cup Winner" prediction event has gone live on the HIP-4 testnet.Previously, the Hyperliquid mainnet launched HIP-4, with the first offering being the BTC daily settlement prediction market.
Bitget has launched a new edition of CandyBomb with a total prize pool of 92,000 SLX tokens. This campaign is exclusively for new futures trading users. Eligible participants can earn up to 920 SLX each by completing specified net deposit and futures trading tasks. Detailed rules have been published on the official Bitget platform. Qualified users must click the “Join Now” button to register before participating. The campaign ends on May 31 at 18:00 (UTC+8).
Bybit’s latest options weekly report states that BTC rebounded after finding support at the dense $74,000 level last week and is now consolidating near $77,000. A key macro turning point: Nomura has withdrawn its rate-cut expectations, and the CME FedWatch tool shows the probability of a rate hike rising to 60%, completely breaking the “ceasefire → rate cuts → BTC rally” logic chain. Barclays, Goldman Sachs, ING, and JPMorgan all confirm that the rise in long-end yields is driven by three structural factors—debt expansion, AI-related investment, and an increase in the neutral interest rate—unrelated to geopolitical tensions. Bullish catalysts continue to accumulate (SpaceX holding 18,712 BTC, the ARMA reserve proposal, and the CLARITY Act), yet price remains unmoved. DVOL has fallen to ~35%, a historical extreme; no strategy is recommended for now—await DVOL’s recovery above 45% before entering.
according to official sources, Gate Launchpool's 363rd phase Citrea (CTR) event has upgraded the stablecoin yield structure. GUSD holders can enjoy a 3% annualized yield from minting along with dual returns from Launchpool mining. The underlying assets of GUSD are supported by high-liquidity instruments such as treasury bonds, offering robust returns while further enhancing capital security and yield sustainability.Gate will initially list Citrea (CTR) for spot trading on May 26 at 21:00 (UTC+8), with CTR also available on its Flash Exchange platform at 22:00. Concurrently, the Launchpool event for the 363rd phase Citrea (CTR) will run from May 26 at 21:00 to June 16 at 21:00 (UTC+8). Users can participate in mining by staking BTC, GUSD, and CTR, sharing a total reward pool of 16,000,000 CTR tokens, with airdrops distributed automatically on an hourly basis. This upgrade further refines the Launchpool yield structure, improving asset allocation efficiency while providing users with more stable and diversified yield opportunities.
the latest weekly report from CoinShares shows digital asset investment products recorded net outflows of $1.47 billion last week, marking the second consecutive week of negative growth and the third-largest single-week outflow of 2026. Cumulative outflows over the two weeks have reached $2.54 billion.By asset, Bitcoin saw outflows of $1.315 billion, the largest single-week outflow of 2026, compressing its year-to-date net inflows from $3.9 billion to $2.6 billion. Ethereum recorded outflows of $223 million, roughly flat compared to the previous week. Some altcoins still saw minor inflows, with XRP attracting $31.8 million, Near $9 million, and Solana $7.7 million.By region, the United States dominated the outflow landscape with $1.425 billion in single-week outflows. Switzerland, Canada, and Hong Kong recorded outflows of $16.2 million, $12.5 million, and $12.2 million respectively, indicating that risk aversion sentiment, which was localized last week, has now spread to most regions globally. CoinShares notes that these outflows are closely linked to heightened geopolitical risks related to Iran. Despite the ongoing legislative progress of the CLARITY Act, market risk aversion continues to deepen.