Gate data shows that WTI crude oil prices rose as much as 3% at one point, while Brent crude oil is currently up 2.3%.

There used to be an ironclad rule in the venture capital industry: "Money can't keep up with technology." But that rule is no longer valid. Code is no longer a moat, and the very logic of capital is being rewritten.

A sharp weakening of the yen may prompt the Bank of Japan (BOJ) to take action, as the BOJ stated in a report that it will continue to raise interest rates based on economic, price, and financial conditions. Naomi Mukkara, a strategist at Mitsubishi UFJ Morgan Stanley Securities, said this marks a shift in the BOJ's "policy response function." In the report, the BOJ stated that foreign exchange rates are increasingly likely to influence prices, and such volatility could affect underlying inflation by altering inflation expectations. The BOJ does not directly target the yen, but if a significant depreciation of the yen accelerates price increases, the central bank may adjust its policy. (Jinshi)

Blockchain investigator ZachXBT responded on X to Elon Musk's criticism of Sam Altman, highlighting concerns about Altman's company, Worldcoin. According to Foresight News, ZachXBT pointed out that Worldcoin launched a predatory cryptocurrency token, WLD, with extremely low circulation, comparable to the practices of SBF/FTX. The company allegedly distributed small amounts of WLD tokens to individuals in low-income countries to collect their biometric data. This technology, intended to verify human identity, has inadvertently led to a black market for account verification. The token supply has expanded unsustainably, with insiders regularly trading tokens over-the-counter.

Sky Protocol is currently trading close to $0.088, with chart analysis suggesting a potential rise to $0.095. According to NS3.AI, the bullish trend remains strong as long as the support level at $0.078 is maintained. This follows a 28% increase since its breakout in February.

Bitget will be listing Pharos (PROS) spot trading. Deposits are now open, and trading will open at 21:00 (UTC+8) today.

Israeli authorities has approved the launch of its first shekel-pegged stablecoin, issued by virtual exchange Bits of Gold in a move that could reshape how the country’s fiat currency interacts with the global digital asset economy.

Kalshi CEO Tarek Mansour has projected that institutional use of prediction markets for risk transfer could expand into a $10–15 trillion market. According to NS3.AI, Mansour noted that the current market stands at approximately $1–1.5 trillion, characterized by its illiquidity and predominance in over-the-counter trading.

According to the announcement from Binance, the exchange will delist several spot trading pairs as part of its routine market review process. This decision is aimed at maintaining a high-quality trading environment by removing pairs with poor liquidity and trading volume. The affected pairs include BAND/BTC, BAT/BTC, BREV/BNB, NEO/BTC, ROSE/BTC, SOLV/BNB, and TFUEL/BTC. Trading for these pairs will cease on 2026-05-01 at 03:00 (UTC). The delisting of these pairs will not impact the availability of the individual tokens on Binance Spot. Users will still have the opportunity to trade the base and quote assets of these pairs through other available trading pairs on the platform. Additionally, Binance will terminate Spot Trading Bots services for the delisted pairs at the same time. Users are advised to update or cancel their Spot Trading Bots to prevent potential losses. This measure is part of Binance's ongoing efforts to ensure a robust and efficient trading experience for its users.

The global cryptocurrency market cap now stands at $2.59T, down by -0.30% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $76,425 and $78,265 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $76,764, down by -1.30%. Most major cryptocurrencies by market cap are trading mixed. Market outperformers include ORCA, APE, and ZBT, up by 33%, 26%, and 25%, respectively. Top stories of the day: Tennessee to Ban Cryptocurrency Kiosks Starting July 1 White House Advisor Hints at Upcoming Strategic Bitcoin Reserve Announcement DeFi United Rescue Initiative Secures Significant ETH Contributions Bernstein Says Bitcoin Has Bottomed at $60,000, Calls for Structurally Longer Bull Market CoinDesk 20 Slips 0.8% as Stellar and NEAR Lead Losses; Only Three Assets in the Green Crypto News Today: Bitcoin Funds Pull in $933 Million as Crypto ETF Assets Hit $155 Billion, Highest Since February Bitcoin News: Bitcoin Hits Wall at $80,000 as Sell Orders Cap Rally, But Analysts Say Breakout Is Delayed Not Denied Crypto News: Bitcoin Reverses From $79,500 as Oil Surge and Failed $80,000 Break Trigger Broad Crypto Selloff Market movers: ETH: $2287.68 (-1.36%) BNB: $624.03 (-0.60%) XRP: $1.3913 (-1.75%) SOL: $83.88 (-1.70%) TRX: $0.3235 (-0.09%) DOGE: $0.09966 (+1.62%) WBTC: $76589.84 (-1.26%) U: $0.9998 (-0.01%) XAUT: $4613.2 (-1.60%) BCH: $447.3 (-0.04%) Top gainers on Binance: ORCA/USDT (+33%) APE/USDT (+26%) ZBT/USDT (+25%)

BIT reports that Strategy (formerly MicroStrategy) currently holds approximately $62 billion worth of Bitcoin at a cumulative purchase cost. Even during the past two quarters of Bitcoin's consolidation phase, the company continued to raise funds through the capital markets and used those funds to increase its BTC holdings. Historically, Strategy's stock price has had a close correlation with Bitcoin's price. During bull markets, Strategy's stock price is more sensitive to Bitcoin price changes, exhibiting greater upward elasticity and often outperforming Bitcoin; however, when market momentum weakens, the stock price sometimes weakens earlier than Bitcoin. Currently, Strategy's and Bitcoin's price movements are diverging somewhat. If past price patterns remain valid, this divergence warrants continued monitoring. If their price movements converge again, it could indicate an improvement in Strategy's relative performance compared to Bitcoin, but this change still depends on the overall market environment.

Nicolai Tangen, CEO of Norway's sovereign wealth fund, said the arrival of the artificial intelligence era is offsetting some of the inflationary impact of soaring energy prices triggered by the Middle East wars, helping markets absorb the shock. "This is remarkable because, given the current situation in the Middle East, you would expect this to translate into higher energy prices, higher fuel prices, higher fertilizer prices," Tangen said in an interview on Tuesday. He noted, "To some extent, this has already begun to impact Asia. We expect it to transmit to Europe and the US through price increases. This is usually bad for markets. But the markets are indeed coping calmly." Tangen said he was surprised that there hadn't been any major disruptions in the financial markets. "Inflation is usually a factor that hits markets. That's something we have to watch closely. On the other hand, we have AI, and we believe it has a deflationary effect. I think that's exactly what the market is currently digesting." (Jinshi)

"The correlation coefficient between gold and Bitcoin is only 0.14. In the past two cycles, gold started before Bitcoin, and this time will be no different."

There's a reason why private lending adapted to the blockchain earlier than most RWAs.

Israel has approved BILS, a shekel-backed stablecoin issued by Bits of Gold after a two-year pilot on the Solana blockchain. The token will be fully backed by reserves held in Israel and used for fast digital payments and blockchain-based financial services under strict regulation.

Financial markets are entering a super week, with five major central banks holding interest rate meetings, key economic data releases, and tech giants releasing their earnings reports. These economic data will directly impact the global economy and asset pricing in the second quarter.

Three things: 1. Restore rsETH reserve support; 2. Clean up affected positions and recover collateral; 3. Restore normal market operations.

如果 UCP 是发现的标准，那么 AP2 就是将问责制落实到交易中的标准。

RWA is the first narrative in Web3 history to be truly embraced by traditional finance.

The total market capitalization of stablecoins is as high as $310 billion, most of which remain idle and unable to generate any returns.