According to Lookonchain monitoring, in the past 5 hours, a whale opened a long position of 1.97 million TON with 3x leverage, worth $5.39 million, with a liquidation price of $0.944.

According to Odaily Seer, an account (address: 0x492442eab586f242b53bda933fd5de859c8a3782) that lost over $2.3 million in the Polymarket prediction event for "NBA Eastern Conference Semifinals Game 2: Pistons vs. Cavaliers," purchased over $210,000 worth of bets on the Pistons to win by a 3.5-point spread against the Cavaliers. The average opening price was 51¢, resulting in a floating profit of $60,000. Game 2 of the NBA Eastern Conference Semifinals between the Pistons and Cavaliers started at 7:00 AM Beijing time today. Currently, in the second quarter, the score is 36-29, with the Pistons leading. The series is 1-0, with the Pistons holding a temporary advantage. Odaily Seer continuously monitors the prediction market, anticipating changes before they are priced in.

Strategy's MSTR stock is showing potential for a substantial rally, possibly exceeding 80% in the coming months, despite reporting a $12.54 billion net loss in the first quarter of 2026. According to Cointelegraph, the stock is forming an ascending triangle pattern, suggesting a move toward the $350 level. This technical setup indicates a bullish reversal, with MSTR trading within an ascending triangle, characterized by higher lows beneath a flat resistance zone. These higher lows suggest increasing buyer confidence, as each pullback ends sooner than before, indicating early buyer intervention. The ascending triangle pattern typically resolves when the price breaks above the upper trend line, potentially rising by the structure's maximum height. Applying this rule to MSTR's chart suggests an upside target of around $350 in 2026, aligning with the 0.236 Fibonacci retracement line. Analyst Kevin Fx has also noted the possibility of MSTR rallying to the $250–$300 range, citing an inverse-head-and-shoulders pattern. However, a pullback from the ascending triangle's upper trendline could lead to a multi-week downtrend toward the lower trend line at approximately $150, with a breakdown below this level risking the invalidation of bullish setups. In a related development, Canaccord, a prominent Canadian investment bank, has raised its MSTR price target to $224 from $185, maintaining its Buy rating. The bank highlighted MSTR's 80% rebound since February, attributing it to Bitcoin's recovery from near $60,000 lows to above $80,000. Canaccord also emphasized Strategy's preferred-share financing model, such as STRC, as a key factor in its resilience. This model allows the company to raise capital for Bitcoin purchases without heavily relying on new common-stock issuance, which can dilute existing shareholders. Instead, preferred stock provides an alternative funding method for Strategy's Bitcoin accumulation strategy, reducing pressure on its core equity. Despite the significant Q1 loss, Strategy has increased its Bitcoin exposure, purchasing 89,599 BTC in the first three months of 2026, bringing its total holdings to 818,334 BTC at an average cost of $75,537. The company's BTC-per-share metric also rose 18% year-over-year, indicating added value to each MSTR share alongside the growth of its Bitcoin balance sheet.

Polymarket traders are currently assigning an 18% probability to the possibility that the United States will officially announce the existence of extraterrestrial life by the end of the year. According to NS3.AI, the cumulative trading volume for this contract exceeded $33 million shortly after the U.S. Department of Defense made public its initial files on Unidentified Aerial Phenomena (UAP) last week.

Peter Schiff has issued a warning regarding the potential crash of Strategy, Bitcoin, and the company's preferred stock, STRC. According to NS3.AI, Schiff's cautionary statement came after Michael Saylor compared these assets to various types of aircraft, suggesting volatility and risk in their market performance.

U.S. Senator Elizabeth Warren has written to Meta CEO Mark Zuckerberg, requesting details on the company's latest plans in the stablecoin sector. According to ChainCatcher, Warren expressed concerns over Meta's recent efforts to integrate stablecoin payments. Warren highlighted the lack of transparency surrounding Meta's stablecoin projects, particularly given the regulatory controversies sparked by its previous global stablecoin initiative, Libra, later renamed Diem. She emphasized that Meta's new ventures in payments and financial services should undergo careful scrutiny. The senator has asked Meta to provide details of its stablecoin pilot program by May 20, including the launch timeline, third-party stablecoins involved, and related privacy and risk control measures. Meta has reportedly been testing a USDC-based stablecoin payment feature with select content creators in the Philippines and Colombia since April. Currently, the U.S. Senate Banking Committee is reviewing the CLARITY Act, a digital asset market structure bill, where stablecoin regulation and conflict of interest issues remain contentious. Warren, a senior Democratic member of the committee, has consistently maintained a cautious stance on large tech companies entering the crypto finance space.

Polymarket has set a 10% probability that the S&P 500 will hit 8,000 by the end of June. According to NS3.AI, another market has priced a 31% chance of the index reaching 7,700 by the same deadline, following the S&P 500's rise above 7,400 to a new all-time high.

On May 08, 2026, 17:29 PM(UTC). According to Binance Market Data, Ethereum has crossed the 2,300 USDT benchmark and is now trading at 2,300.540039 USDT, with a narrowed 0.45% increase in 24 hours.

On May 08, 2026, 17:27 PM(UTC). According to Binance Market Data, Bitcoin has crossed the 80,000 USDT benchmark and is now trading at 80,004.882813 USDT, with a narrowed 0.59% increase in 24 hours.

SOL has surpassed the 90 USDT mark, according to Odaily. The current price is 90.01 USDT, reflecting a 24-hour increase of 1.98%.

From Shanghai residential buildings to global dominance, a decade of turbulent history for Chinese cryptocurrency exchanges: from its wild beginnings to the battle of three giants, the September 4th regulations, and its reshaping through overseas expansion—a chronicle of the rise and fall of the industry.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on AI, DeFi, DAO, NFT, and the metaverse.

Musk, who has always denounced Anthropic as "anti-human" and "evil" and claimed that it "hates Western civilization," suddenly announced a major computing power collaboration with this former arch-rival.

The bell for the largest IPO in history has not yet truly rung, but the capital market is already stirring.

After eight years of bull and bear markets, the crypto revolution hasn't followed the expected script. Fiat currency still exists, intermediaries still exist, but every bubble and liquidation brings a new underlying financial system one step closer to us.

The six-layer model of stablecoin payment infrastructure includes licensing and regulation, customer onboarding, custody and wallets, fiat currency deposits and stablecoin receipts, distribution and payment, and exchange (fiat currency-stablecoin swaps).

Hedge fund manager Jones asserted that incoming Federal Reserve Chairman Warsh would not cut interest rates.

Since the late 19th century, the United States has gone from "profiting from disasters" to actively provoking and participating in numerous wars. In most cases, the US stock market has surged. Notably, during the war in Afghanistan, which spanned the 2008 financial crisis, the Dow Jones Industrial Average nearly doubled.

What exactly caused Saylor to completely change his stance on Bitcoin? And who would still believe him now?

A former Taiwanese news anchor has been accused of taking cryptocurrency from a suspected foreign agent to produce politically influenced news content and scripts. He is also alleged to have helped bribe military personnel to leak classified information in exchange for crypto payments, leading to multiple espionage-related charges.