According to the official announcement, Binance Futures will launch pre-market trading of SXTUSDT perpetual contracts at 16:30 (ET8) on May 2, with a maximum leverage of 5 times.

The Ethereum spot ETF with the largest single-day net inflow yesterday was the Grayscale Ethereum Mini Trust ETF ETH, with a single-day net inflow of US$11.984 million. The current total net inflow of ETH in history has reached US$617 million.

The Bitcoin spot ETF with the largest single-day net inflow yesterday was Blackrock ETF IBIT, with a single-day net inflow of US$351 million. Currently, IBIT's total historical net inflow has reached US$43.006 billion.

Movement tweeted that it has confirmed that co-founder Rushi Manche has been suspended from Movement Labs. This decision is based on current events and Groom Lake is still undergoing a third-party review of organizational governance and recent events involving market makers.

According to the monitoring of on-chain analyst @ai_9684xtpa, the top 5 whales on the TRUMP dinner list recharged all 126,000 TRUMP into Bybit 11 hours ago, with a value of US$1.65 million; the proposed price was US$9.71 and the recharge price was US$13.02. If sold, the profit will be US$420,000.

According to Onchain Lens, a whale deposited the last 2,680 ETH (worth $4.93 million) into Kraken after staking for two years, but still faced a loss of about $255,000. The whale initially staked 4,889 ETH (worth $9.14 million) and received a reward of 291 ETH. A total of 5,180 ETH (US$8.88 million) was returned, resulting in a net loss.

According to an official announcement, Japanese listed company Metaplanet will issue 3.6 billion yen (about 24.69 million US dollars) of zero-interest ordinary bonds to purchase Bitcoin.

According to The Data Nerd, 10 minutes ago, whale user 0xaDd recharged 3,000 ETH (worth $5.53 million) to Kraken. These ETH were purchased during the ICO and had been idle for 3 years before the recharge. Currently, the whale still has 2,000 ETH (about $3.69 million) in his wallet.

Two Prime claims that as an algorithmic trading company, it values data rather than narrative. The data shows that ETH has changed fundamentally. Its correlation with BTC has decreased, and its tail risk has increased significantly. Now, its trading style is more like a meme coin than a predictable asset. Even during the turbulent first quarter of 2025, Bitcoin maintained its fundamental trend, while ETH experienced multiple standard deviation fluctuations. This stems from the risk-averse environment and the widespread selling of long-term ETH holders. This is troublesome for both algorithmic trading and ETH-backed lending, because the performance of the asset is no longer predictable, even taking into account the high volatility expectations in the digital asset market.

According to people familiar with the matter, French Hill, chairman of the House Financial Services Committee, and others are expected to release a draft regulation on cryptocurrencies before a hearing on May 6 (local time). The hearing will be held at 10 am Eastern Time on the 6th, with the theme of "American Innovation and the Future of Cryptocurrency: A 21st Century Blueprint". It is expected to focus on the long-awaited legislation to define the structure of the crypto market in the United States. The draft is expected to be similar to the 21st Century Financial Innovation and Technology Act (FIT 21) passed by the House of Representatives last year. A staff member of the House Agriculture Committee also confirmed that the draft text will be released before the hearing.

Kraken’s revenue jumped to $472 million in the first quarter of 2025, up 19% from the same period last year, largely due to a surge in market volatility in the first quarter (the first 100 days of President Trump’s second term). The company’s adjusted earnings before interest, taxes, depreciation and amortization (EBITA) increased 17% year-over-year to $187.4 million, as total exchange volume increased 29% during the same period.

The company reported a net loss of $4.2 billion in the first quarter, or $16.49 per diluted share. Analysts expected a loss of $0.11 per share. The company's total revenue was $111.1 million, about 5% below market expectations and down 3.6% from the same period last year. Subscription service revenue increased 61% to $37.1 million. Strategy holds $60.3 million in cash and cash equivalents, 553,555 bitcoins, with a market value of approximately $52 billion, and a year-to-date bitcoin return of 13.7%. In addition, Strategy announced a new round of $21 billion in common stock ATM financing plans.

According to the official announcement, Coinbase will suspend the trading of Movement (MOVE) tokens at around 2 am on May 16 (UTC+8). The MOVE order book has been adjusted to limit price mode. Users can place and cancel orders, and orders may be matched and executed.

Tether's latest evidence shows it holds over $7.6 billion worth of Bitcoin