News linked to both this project and an event.
According to Mobile Payment Network, Alipay announced that its AI-powered payment solution has completed a cumulative total of 300 million intelligent-agent-based payments and supports 95% of mainstream intelligent-agent frameworks, claiming it has established an AI-native payment infrastructure ready for large-scale commercial deployment. Meanwhile, Alipay launched the AI Wallet and Token Pay: the AI Wallet targets individual users, offering intelligent-agent authorization, payment management, and bill inquiry; Token Pay targets large-model companies, providing solutions such as token top-ups and subscription-based payments. Alipay also stated that these services have already been deployed across scenarios including smart devices, intelligent vehicle cockpits, and AI tool platforms.
JUST’s 6th Anniversary × GasFree Super Carnival Month – Rewards Keep Growing! From May 25 to 31, users who create or log in to a GasFree wallet address using one of the designated wallets (TronLink Wallet, Klever Wallet, Guarda Wallet, or NOW Wallet), deposit USDT into their GasFree address, and conduct USDT transfers via GasFree are eligible to share in a $10,000 USDT prize pool. The more transfers you make, the higher your ranking—and the greater your chance to receive transaction fee reimbursements, up to $66 USDT per wallet address. Additionally, users who use GasFree for the first time during the campaign and successfully qualify for reimbursement will receive an extra “Easter Egg” reward of $20 USDT. Meanwhile, the first round of GasFree’s “Lucky 6” Golden Fish Campaign has already begun (May 25, 18:00 – May 26, 18:00 SGT). If your transfer falls at position #6, #66, #166, or other lucky numbers, you’ll instantly win $20 USDT. This campaign runs through May 29. Also, follow @DeFi_JUST and retweet with engagement—10 lucky winners will be randomly selected to share an additional $200 USDT in rewards. Create or log in to your GasFree wallet now and start your zero-gas-fee transfer journey—unlock multiple surprise rewards today!
Hyperliquid has recently significantly outperformed the broader market. Its token, HYPE, hit an all-time high following the launch of two related ETFs in the United States. Meanwhile, European traders are accelerating their migration to the platform due to restricted access to perpetual contracts on regulated exchanges. Market analyst Michael van de Poppe stated that with Hyperliquid's continued rally and renewed interest in AI-related crypto projects, signs of improving risk appetite are emerging in the altcoin market. Hyperliquid’s expansion into tokenized stocks, commodities, and pre-IPO assets is strengthening the on-chain asset tokenization trend. He suggested that if market sentiment continues to improve, HYPE’s price could target $100 or even higher.However, Michael van de Poppe also stressed that while Hyperliquid holds a short-term advantage, Solana offers greater long-term investment certainty, transitioning from a "speculative ecosystem" to institutional-grade infrastructure. In the AI track, he noted that NEAR Protocol and Bittensor remain significantly undervalued, citing a disconnect between their fundamental growth and valuations. He pointed out that NEAR’s revenue growth potential and Bittensor’s subnet expansion could support higher valuation ranges. Additionally, he indicated that the privacy sector retains long-term demand, but fully anonymous systems face regulatory pressure. The future is more likely to be dominated by zero-knowledge proofs and compliant privacy solutions.On the macro level, Michael van de Poppe highlighted that bond yields and central bank policies remain the core drivers of the crypto market, with changes in Japanese government bond yields potentially serving as a key barometer. (CoinDesk)
analysts suggest the rising yields on U.S. Treasury bonds and other major global economies' sovereign bonds are weakening the market's willingness to allocate to high-risk, non-yielding assets like Bitcoin. Meanwhile, amid tensions related to Iran, concerns over potential supply disruptions in the Strait of Hormuz are growing, prompting some speculative capital to flow into commodity markets such as crude oil, copper, and sulfur.Market数据显示，Bitcoin has dropped over 3% in the past 24 hours, falling approximately 10% from its recent high of around $82,500 on May 6. During this market downturn, U.S. spot Bitcoin ETFs continue to experience capital outflows. U.S.-listed spot Bitcoin ETFs saw net outflows of approximately $1.26 billion this week, marking the largest single-week capital outflow since January. The previous week also saw outflows close to $1 billion, with cumulative net outflows over the two weeks exceeding $2.26 billion.Additionally, there are emerging views that capital might be shifting towards trades related to SpaceX's potential IPO. Currently, trading volume for some blockchain-based derivatives in the pre-IPO market for SpaceX has reached millions of dollars. (CoinDesk)
Santiment released its weekly market summary, noting that Bitcoin ETFs experienced net outflows on 9 of the past 10 trading days, with Bitcoin’s current price around $77,500; it interprets this as a sign of weakening retail investor confidence. Meanwhile, Ethereum market sentiment has fallen to its lowest level since 2023, though its number of non-zero addresses stands at 192.92 million—more than three times Bitcoin’s approximately 59 million. Santiment also pointed out that the current Bitcoin bullish-to-bearish commentary ratio has risen to 2.23, the highest level within 2026; historically, such elevated sentiment often precedes short-term pullbacks.
According to Hyperinsight monitoring data, Hyperliquid’s cross-chain bridge has seen a significant increase in capital inflows. As of yesterday (approximately 10 hours ago) UTC time, USDC bridged into Hyperliquid over the past 24 hours exceeded $268 million—its highest level since February 7. Net inflows surpassed $173 million, reaching the highest level in nearly 10 months (since August 22 last year). On the same day, the total value locked (TVL) across Hyperliquid’s cross-chain bridges reached $4.02 billion. At press time, Hyperliquid’s trading volume over the past 24 hours stood at $7.84 billion, with open interest totaling $9.6 billion. Meanwhile, trade.xyz recorded a 24-hour trading volume of $2.59 billion and open interest of $2.49 billion during the same period.
According to monitoring by crypto analyst Ai Yi @ai_9684xtpa, the "1011 whale who once suffered a $230 million liquidation" currently holds $2.49 million worth of HYPE spot, with an additional approximately $407,000 HYPE buy order pending.Furthermore, this address also holds $39.21 million worth of BTC long positions, and has opened a $1.26 million 3x leveraged ZEC short position. Meanwhile, it has placed approximately $1.22 million in ZEC limit sell orders in the price range of $653.58 to $661.4.
analysts from CryptoQuant have pointed out that, based on a comprehensive review of multiple miner indicators, Bitcoin miners have not yet exhibited behavioral characteristics that "confirm a market bottom," and are currently in a phase of waiting and cautious adjustment. Meanwhile, the Miner Position Index (MPI) remains in negative territory, indicating that current selling intensity is below historical averages. Miners are not in a panic-selling phase but are engaging in "passive selling" primarily to maintain cash flow, suggesting that the probability of an extreme short-term decline is relatively limited. Additionally, the Puell Multiple remains below 1, further indicating that miner revenues are at historically weak levels, and overall profitability is under pressure. However, the strong accumulation behavior typically seen at cycle bottoms has not yet appeared.The analysis suggests that miners are currently in a "waiting phase," having neither triggered a capitulation-style sell-off nor entered an active accumulation cycle. This resembles a typical transitional state before a market bottom forms. Overall, while selling pressure from miners has eased, on-chain structures still show short-term supply pressure exists. Bitcoin is expected to continue its range-bound consolidation pattern, and market sentiment is likely to remain cautious in the near term.
Odaily Bitcoin fell below $78,000 on Thursday, with growing concerns over the sustainability of any rebound. Data shows that Bitcoin spot ETFs have recorded net outflows for four consecutive trading days, while approximately $584 million in long liquidations earlier this week continues to suppress market risk appetite. Analysts suggest that until on-chain spot demand recovers, BTC will still struggle to firmly hold above $80,000 in the short term.The pressure on the Ethereum market is even more pronounced. The ETH spot ETF saw net outflows of $28.1 million on the day, marking eight consecutive trading days of withdrawals. Since May 7, ETH ETFs have seen cumulative outflows of approximately $504 million over nine trading days, the most severe sustained capital exodus since February this year.In the derivatives market, total crypto futures liquidation volume reached approximately $657 million this Monday, with long liquidations accounting for $584 million, the largest single-day long squeeze event since early February. The current Bitcoin open interest has fallen about 14% from its May 6 peak, but the overall leverage structure has not yet been fully reset.On-chain data also leans bearish. Glassnode indicates that Bitcoin's previous rebound to $82,000 briefly reclaimed the key level of $78,300, the "realized market average," but has since fallen back below it. Historical cycles suggest that BTC typically needs to consolidate in this range for weeks to months to confirm a structural shift between bull and bear markets.Additionally, Glassnode data shows that Bitcoin's spot CVD (Cumulative Volume Delta) has been negative for nine consecutive trading days, marking the longest net selling cycle since 2026. Meanwhile, BTC's hourly spot trading volume has declined about 40% compared to the same period in 2025. Analysis indicates that U.S. investors have been consistently distributing their holdings since Q4 2025, while Asian capital has shifted to accumulation.The options market is also signaling caution. The BTC short-term 25-delta skew has risen from 2.7% to 6.2%, indicating a significant increase in market demand for downside protection. A large gamma short position of approximately $2.5 billion is concentrated around the $75,000 strike price. Should BTC fall back to this area, hedging by market makers could further amplify volatility.In the altcoin market, the sector is largely following BTC, with Bitcoin's dominance remaining around 60%. However, Hyperliquid and Zcash have bucked the trend with double-digit gains, suggesting selective rotation by some capital. (The Block)
According to on-chain analyst Onchain Lens (@OnchainLens), as the HYPE price continues rising (currently trading at $53.09), the whale address 0x842 has increased its 5x short position to 353,832 HYPE tokens—valued at approximately $20 million—with a current unrealized loss exceeding $1.88 million. Meanwhile, this whale has cumulatively sold 125,444 HYPE tokens, realizing roughly $6.5 million in proceeds at an average price of approximately $52 per token.
Odaily Odaily News Bankless founder David Hoffman posted on X platform, stating that he has sold off all his ETH holdings.Meanwhile, Bankless co-founder Ryan Sean Adams said he remains bullish on ETH. Additionally, he revealed that Bankless Phase 1 — his 6-year collaboration with David Hoffman — has officially ended.Ryan Sean Adams stated that going forward, he will reduce his involvement in content direction and guest interviews, shifting more support to David Hoffman as he explores crypto and other new frontiers. He mentioned that he will still participate in the Rollup podcast weekly, but content leadership will be handed over to David Hoffman.
According to on-chain analyst Onchain Lens (@OnchainLens), a whale opened a 10x short position on 218,406 HYPE tokens within the past two hours, with a position value of approximately $11.16 million and a liquidation price of $60.90. Meanwhile, the whale also sold 64,401 HYPE tokens for roughly $3.08 million worth of USDC.
that, according to on-chain analyst Ai Yi's monitoring, a large-scale long-short confrontation has emerged in HYPE. The TOP1 and TOP2 whale positions are acting as counterparties to each other, with a total scale exceeding $60 million, as the market enters a critical phase of the game. Details are as follows:Whale Loracle holds a 5x leverage short position of 1.44 million HYPE, valued at approximately $68.43 million, with an entry price of about $42.55. It is currently facing an unrealized loss of roughly $7.004 million.Meanwhile, address 0x082…dca88 holds a 5x leverage long position of 1.38 million HYPE, valued at approximately $65.37 million, with an entry price of about $38.67. It is currently showing an unrealized profit of roughly $11.98 million.
Goldman Sachs significantly reduced its crypto ETF exposure in the first quarter of 2026 and has completely exited its holdings in XRP and Solana-related ETFs.Filings show that in the fourth quarter of 2025, Goldman Sachs held approximately $154 million in XRP-related ETFs, including products from Bitwise, Franklin Templeton, Grayscale, and 21Shares, making it one of the largest institutional holders of XRP ETFs at the time. Additionally, the firm previously held Solana-related ETFs such as the Grayscale Solana Trust ETF, Bitwise Solana Staking ETF, and Fidelity Solana Fund, all of which have now been fully sold off.However, Goldman Sachs still retains substantial holdings in BTC and ETH ETFs. Specifically, it holds approximately $690 million in BlackRock's IBIT and about $25 million in Fidelity's FBTC, though both positions were reduced by roughly 10% compared to the previous quarter. Meanwhile, its holding in BlackRock's ETHA shrank by about 70%, leaving approximately 7.2 million shares valued at around $114 million.Furthermore, Goldman Sachs increased its holdings in crypto-related stocks such as Circle, Galaxy Digital, Coinbase, Robinhood, and PayPal, while reducing positions in mining and infrastructure companies like Strategy, Bit Digital, Riot Platforms, and IREN. (Cointelegraph)
Bitcoin has fallen below the $77,000 mark, hitting a low of approximately $76,720. Analysts attribute the market decline primarily to multiple macroeconomic pressures, including the renewed escalation of tensions between the US and Iran, rising inflation concerns, and increased risk aversion across risk assets. Former US President Donald Trump issued a strong warning to Iran on social media, intensifying geopolitical uncertainty.Meanwhile, rising oil prices have further elevated inflation expectations, with Brent crude climbing to around $111 and WTI rising above $107. This has sparked concerns that the Federal Reserve may maintain higher interest rates for a longer period.The current selling pressure is also compounded by factors such as rising US Treasury yields, a strengthening US dollar, and ETF outflows. Data shows that Bitcoin ETFs saw net outflows of approximately $1 billion in the week ending May 17, ending six consecutive weeks of net inflows.In terms of market sentiment, the Bitcoin Fear and Greed Index has fallen back to 27, re-entering the "fear zone." Analysts believe that short-term trends will remain highly dependent on macroeconomic data and policy expectations. However, some institutions view the current correction as a "healthy digestion" period, suggesting the long-term structure remains unchanged. (The Block)
crypto research firm 10x Research stated that since the release of US CPI data on May 13th, Bitcoin ETFs have seen cumulative net outflows exceeding $1 billion, reigniting "inflation trade" sentiment in the market. Market sentiment indicators have dropped from 87% to 45%. Meanwhile, long-term US Treasury yields continue to climb, with the 30-year yield rising to 5.12%. As inflation returns to the forefront of market focus, the crypto market is facing significant headwinds.Furthermore, 10x Research noted that its models have triggered bearish signals for Ethereum, and Bitcoin is currently testing the key support level of its 30-day moving average. A confirmed breakdown below this level could signal further momentum deterioration. The firm is closely watching the short-term bull/bear line at $79,125 and the major support level at $76,922, suggesting that the bottom for this cycle may have already formed.
several sovereign wealth funds, universities, and traditional financial institutions have recently disclosed their 13F holdings for the first quarter of 2026.Among them, Mubadala, the Abu Dhabi sovereign wealth fund, increased its holdings in the BlackRock iShares Bitcoin Trust ETF (IBIT) from 12.7023 million shares to 14.7219 million shares. The newly added holdings are valued at over $90 million, bringing the total value of its position to nearly $660 million. Meanwhile, its subsidiary, the Abu Dhabi Investment Council (ADIC), maintained its IBIT position unchanged at 8.2187 million shares, worth approximately $315.8 million.Regarding university funds, Harvard University's endowment fund held 3.0446 million shares of IBIT, valued at around $117 million, a reduction of about 43% compared to the end of 2025. Additionally, Harvard completely liquidated its position in the BlackRock Ethereum spot ETF, which was established last quarter and valued at approximately $86.8 million.Furthermore, Dartmouth College maintained its IBIT holdings unchanged and disclosed for the first time holding approximately 304,800 shares of the Bitwise Solana Staking ETF, valued at around $3.67 million, making it one of the first university endowment funds to publicly allocate to a Solana-related ETF.On the traditional financial institution side, institutions such as the Royal Bank of Canada (RBC) and Barclays continued to increase or adjust their IBIT-related spot and options positions, while Hong Kong-based Laurore reduced its IBIT holdings from 8.7863 million shares to 6.8463 million shares. (The Block)
According to data from Trader T (@thepfund), yesterday’s Bitcoin spot ETFs recorded a net outflow of $290.45 million. Specifically, BlackRock’s IBIT saw a single-day outflow of $136.28 million; Grayscale’s GBTC, $43.64 million; Ark’s ARKB, $52.48 million; and Fidelity’s FBTC, $39.59 million. Meanwhile, Morgan Stanley, Invesco, VanEck, and WisdomTree all reported zero net flows for the day.
CryptoQuant analyst BorisD points out that Ethereum still faces obvious downside risks. The combination of rising exchange supply and continued ETF outflows could push prices down to around $1,700, representing a potential correction of about 20% from current levels. A breakout above $2,400 seems unlikely in the near term.Data shows that ETH reserves on exchanges like Binance have increased significantly recently, rising from approximately 3.36 million to 3.84 million between May 5 and May 9. This indicates more tokens are flowing into trading platforms, which is typically interpreted by the market as a signal of rising potential sell pressure. Meanwhile, U.S. spot Ethereum ETFs have seen net capital outflows for four consecutive trading days, totaling approximately $190 million, indicating weakening institutional demand at the margin.In terms of price, although ETH has rebounded about 40% from its local low, it encountered strong resistance near $2,400 before falling back to the $2,260 level, limiting short-term upward momentum. The CryptoQuant analyst notes that as exchange inflows accelerate, the price has failed to sustain its upward trend and instead retreated, suggesting the market may be in a phase where "absorption and distribution coexist."Technically, ETH has broken below the lower trendline of an ascending wedge structure (around $2,280). If this breakdown is confirmed, the pattern's measured move target points to around $1,725, corresponding to a potential decline of approximately 22% and coinciding with the macro low area from early February. Some analysts further believe that if the larger bear flag pattern continues, ETH could face the risk of dipping to $1,280.Overall, market sentiment is generally cautious, with a consensus that the current rebound is more likely a temporary move within a distribution process rather than a trend reversal signal. The risk of short-term volatility remains elevated. (Cointelegraph)
According to Odaily, THORChain has issued an emergency announcement stating that after discovering a suspected breach of an Asgard vault, the network has suspended trading operations to respond to the security incident. Preliminary information indicates that user funds remain unaffected, with losses primarily concentrated on the protocol's own capital.The official statement noted that the system automatically detected anomalous behavior and halted signing operations, thereby alerting the community and preventing further asset outflow. The investigation is currently ongoing to determine the root cause of the vulnerability and the full scope of the impact.Known information indicates that this incident involves one of the six Asgard vaults, with estimated losses of approximately $10.7 million. Meanwhile, staked RUNE on the affected nodes has been slashed due to a penalty mechanism triggered by unauthorized outgoing transactions. The network has paused churn operations and delayed the launch of new chains and related features until system stability is restored.THORChain stated that no user cross-chain transactions have been affected so far and has requested node operators to thoroughly inspect their infrastructure, secure key management, and anomalous behavior, and to submit relevant logs to assist the investigation.