CryptoQuant analyst Axel Adler Jr. stated in an article on the X platform that his Adjusted Realized Price Bands model, calibrated based on Bitcoin's current circulating supply, indicates that Bitcoin's current drop to the key $59,000 level is needed to begin a true medium- to long-term bottoming process. This bottoming process will not be short-term and will not be completed within one to two weeks; the baseline scenario predicts it will take approximately six months. Adler Jr. emphasized that while Bitcoin has recently risen, the core driver of market stabilization is not sentiment repair or a localized rebound, but rather the return of long-term real demand. In other words, a true bottom can only be established when the market begins to re-price future value and spot buying continues to recover.

Iran's Islamic Revolutionary Guard Corps announced that it has given the Pentagon a final deadline to lift the blockade against Iran. (CCTV News)

Hyperliquid has announced the launch of Outcome Markets (HIP-4) on its mainnet, currently in a limited initial version. Outcome Markets are fully collateralized contracts that settle within a fixed range, suitable for scenarios such as prediction markets and range options. They do not involve leverage or liquidation mechanisms, and the initial phase aims to validate the technology. The first market launched is a daily recurring binary Outcome contract, settling daily at 06:00 (UTC) based on the BTC mark price on Hyperliquid. The company stated that more features and market types will be rolled out in phases.

Thailand's Central Bank Governor has stated that reducing interest rates will not address the country's structural problems. According to Jin10, the governor emphasized that while monetary policy can provide short-term relief, it is not a solution for deeper economic challenges. The focus should be on implementing reforms that tackle these underlying issues to ensure sustainable growth.

Nick Timiraos, often referred to as the "Federal Reserve mouthpiece," wrote in the Wall Street Journal that the internal discussion within the Federal Reserve regarding the path of interest rates has shifted significantly. The main debate is no longer about when to resume rate cuts, but rather about under what conditions a rate hike might be necessary. Since the Fed began issuing policy statements in 1994, disagreements on how to describe policy direction (rather than actual interest rate changes) have been rare. Three regional Fed presidents—Dallas Fed President Lorie Logan, Minneapolis Fed President Neel Kashkari, and two others—opposed retaining the phrase "the next step is more likely to be a rate cut" in this week's policy meeting, arguing that the next rate adjustment could be either a rate hike or a rate cut. Outgoing Fed Chairman Jerome Powell stated that the committee is gradually shifting from a "rate-cutting bias" to a "neutral stance," adding that if a rate hike is needed in the future, the Fed will first shift to a neutral stance before signaling a rate hike. (WSJ)

XRP's estimated leverage ratio has stabilized while the token remains near $1.39, according to CryptoQuant analyst PelinayPA. Open interest for XRP is approximately $2.48 billion. According to NS3.AI, CME has launched XRP futures and options, and CoinShares data indicates mixed product flows in April. Additionally, XRPL activity saw an increase in March.

Memento Research has released data indicating that the monthly spending volume of crypto payment cards has surged to $600 million, marking a sixfold increase from a year ago. According to Odaily, the cumulative on-chain transaction volume has reached $7.2 billion, with 24 million transactions involving 1.36 million wallet addresses. The data reveals that 62.5% of these transactions are settled using Tether (USDT), highlighting the growing role of stablecoins as a foundational element in consumer payments. Additionally, approximately 90% of transactions are processed through the Visa network. On-chain data further shows that the Solana ecosystem has contributed around $348 million in transaction volume, while Jupiter Global, a subsidiary of Jupiter, experienced a month-on-month growth of 660%.

Stablecoin issuer Tether is considering future integration between WDK and QVAC to support the development of Agent Cards, according to Foresight News. Paolo Ardoino, Tether's CEO, shared this information on the X platform. Analysts believe this direction will improve the connection layer between AI agents and crypto payment infrastructure, offering more efficient foundational support for automated application scenarios.

Nobitex, Iran's largest cryptocurrency exchange, was founded by members of the Kharrazi family, who have close ties to Iran's supreme leadership. Investigations reveal that the exchange was created by brothers Ali and Mohammad Kharrazi, who used the surname "Aghamir" to conceal their connection to the Kharrazi family, which has long maintained close ties to Iran's political core, including historical links to Ali Khamenei and his successors. The report notes that Nobitex currently serves over 11 million users, dominates the Iranian cryptocurrency market, and continued operating during the conflict between Iran and the US and Israel, processing transactions even during a nationwide internet outage. Analysts claim that its trading volume exceeded $100 million during the war, with significant funds flowing overseas. Furthermore, multiple on-chain analytics firms have indicated that the platform processed transactions related to sanctioned entities, estimated at between $22 million and $366 million. Additional data shows that wallets linked to the Central Bank of Iran transferred hundreds of millions of dollars in cryptocurrency assets to Nobitex in 2025, believed to be used to circumvent financial sanctions. Nobitex denied any connection to the government, stating that illicit trading constituted only a small portion of its overall business. (Cointelegraph)

Data released by Memento Research shows that monthly spending on crypto payment cards has risen to $600 million, a six-fold increase compared to a year ago, with cumulative on-chain transaction volume reaching $7.2 billion. A total of 24 million transactions were completed, involving 1.36 million wallet addresses. Of these: 1. 62.5% of transactions were settled using Tether (USDT), indicating that stablecoins are gradually becoming the underlying infrastructure for consumer payments; 2. Approximately 90% of transactions were completed through the Visa network; 3. On-chain data also shows that the Solana ecosystem contributed approximately $348 million in transaction volume, while Jupiter Global, a subsidiary of Jupiter, saw a month-on-month growth of 660%.

A Dragonfly partner recently shared his views on the crypto space on the Miles Deutscher Finance podcast, providing an in-depth analysis of where retail investors are going, why institutional investors dominate, the true nature of Bitcoin, and quantum risks.

Once payments become faster, cheaper, and globally interconnected, stablecoins will open up not just a new market, but a whole new world whose boundaries are still unclear today.

While everyone is closely watching the US crypto boom, emerging markets are quietly embarking on the next phase of the industry's development.

At the Gabelli Foundation’s 17th Annual Value Investing Conference, several senior Berkshire researchers proposed several acquisition ideas for Abel.

Following the release of financial reports by tech giants, Sister Mutou's investment portfolio saw a flurry of activity.

This week, 16 blockchain startups raised a total of $270.6 million. Sodot raised $100 million from MoonPay in a mergers and acquisitions (M&A) funding round, the largest funding round this week.

美国中部时间5月2日周六，投资界的年度盛会——伯克希尔·哈撒韦公司2026年股东大会在奥马哈举行。

Berkshire's authority will no longer rely on personal charisma, but will be built on a more diversified operating system.

While everyone else is still focused on Indonesian e-commerce, Thai tourism, and Singaporean finance, a group of Chinese AI entrepreneurs have quietly turned their attention to Vietnam.

Hyperliquid, prediction, polymarket, perpetual contracts: Can prediction markets win the perpetual contract race? Golden Finance: The integration of perpetual contracts and prediction market platforms seems like a natural progression.