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.

On May 08, 2026, 03:34 AM(UTC). According to Binance Market Data, BNB has crossed the 640 USDT benchmark and is now trading at 640 USDT, with a narrowed narrowed 0.52% decrease in 24 hours.

Movement has strategically invested in Stableyard, a full-stack stablecoin commercial infrastructure. According to Foresight News, this investment will provide operational support to Stableyard, including merchant integration and ecosystem connectivity. The plan includes comprehensive integration of Stableyard's payment stack within the Movement network to facilitate the practical application of stablecoins in compliant, seamless, and large-scale scenarios. Additionally, Stableyard's consumer application, DopePay, has opened a waiting list and supports QR code scanning and Tap-to-Pay payments.

Block, the payments firm led by Jack Dorsey, experienced a 7.9% rise in after-hours trading following its first-quarter earnings report, which exceeded analyst predictions despite marking its first loss in three years. According to Cointelegraph, Block's earnings reached 85 cents per share, surpassing the Zacks consensus estimate of 68 cents per share. This positive earnings surprise of 25.68% led to an increase in Block's share price to $75.70 after hours, as reported by Google Finance. The company has consistently outperformed consensus EPS estimates in two of the last four quarters. A significant focus for Dorsey has been expanding Bitcoin's use in the payments sector, aligning with Satoshi Nakamoto's vision of Bitcoin as a peer-to-peer electronic cash system. By late April, Block reported that over 800,000 U.S.-based merchants had enabled Bitcoin transactions for everyday purchases. Despite the earnings beat, Block reported its first quarterly loss since 2023, attributed to a 23.8% decline in Bitcoin's price over the three-month period. The net loss for Q1 was $309 million, including a $172.8 million Bitcoin remeasurement loss on the 8,883 Bitcoin held as of March 31. Bitcoin revenue from Cash App and other Block products decreased to $1.8 billion from $2.33 billion a year ago, which Block attributed to 'Bitcoin trading dynamics' and a strategic decision to reduce fees on certain Bitcoin transactions via Cash App. Despite these challenges, Block's Q1 gross profit rose by 27% to $2.9 billion, driven by net sales minus the cost of goods sold. Bitcoin payments in Cash App contributed $63 million to Block's gross profit, while Square had no significant impact on Block's Bitcoin business. Sean Emory, founder and chief investment officer of Avory & Co., noted that Block had a strong quarter, having 'beat and raised' its guidance. The quarter also saw a restructuring overhaul in late February, with Dorsey announcing about 4,000 staff cuts, representing roughly 40% of the company's workforce, as part of a plan to increase reliance on AI for greater operational efficiency. Consequently, Block's operational expenses rose by 57.2% year-on-year to $3.08 billion in Q1. In late April, Block expanded its Bitcoin offerings by launching a proof-of-reserves for its corporate Bitcoin treasury and allowing users to confirm Bitcoin balances on Cash App and Square, aiming to enhance transparency with its customers. Additionally, Block introduced a Bitkey hardware wallet with a touchscreen for transaction verification and a new Cash App feature enabling certain users to automatically convert payments into Bitcoin. The company also began offering 5% Bitcoin cash back rewards for Square merchants and increased customer withdrawal limits to $10,000 per day and $25,000 per week, furthering Dorsey's efforts to integrate Bitcoin into everyday payments.

[email protected] posted on the X platform that 20,000 BTC options expired on May 8th, with a put/call ratio of 0.73, a maximum price ceiling of $79,500, and a notional value of $1.6 billion; 182,000 ETH options expired, with a put/call ratio of 0.93, a maximum price ceiling of $2,350, and a notional value of $410 million. Bitcoin rose from $75,000 to $82,000 this week before falling back last night. The implied volatility (RV) for major timeframe options and short-term realized volatility remained unchanged from last week, although the short-term RV increased slightly. Bitcoin's major short-term implied volatility (IV) is around 35%, and ETH's major short-term IV is around 50%, with both medium- and long-term implied volatility slightly decreasing. Major options data shows that Skew is relatively stable and has risen slightly, indicating a neutral market sentiment. Only 5% of options expired this week, resulting in extremely low options activity, and futures trading volume reached a historical low. At the end of May, the holdings were around 20%, and at the end of June, around 30%, with relatively inactive block trading. [email protected] stated that Bitcoin performed well in both price and popularity in the second quarter of this year, but overall market enthusiasm remained low. Currently, the focus is mainly on Bitcoin, and it is reasonable to allocate some medium- to long-term options. Allocating some high-quality altcoins also seems to be cost-effective.

American Bitcoin reported a $45.2 million net loss in the first quarter of 2026 despite Bitcoin trading above the $80,000 level, underscoring how even political influence and deep capital access cannot overcome the harsh economics of modern Bitcoin mining.

U.S. Senate Democrats are contemplating withdrawing their support for the Clarity Act unless it includes ethics provisions concerning public officials and cryptocurrency during the Senate Banking Committee stage. According to NS3.AI, Republicans prefer to address these issues on the full Senate floor, a method Democrats have dismissed. Industry observers anticipate the bill's markup to proceed next week.

Sport.Fun (FUN) is set to unlock approximately 17.51 million tokens on May 15 at 0:00 UTC+8. According to ChainCatcher, this token unlock is part of the data provided by Web3 asset data platform RootData.

GnosisDAO community has released a proposal allowing GNO holders to redeem their proportional treasury shares. According to Foresight News, the proposal currently faces 64.81% opposition. The proposal outlines that any GNO holder can exchange their tokens for a proportional share of the GnosisDAO treasury. Participation is entirely voluntary, and those who do not participate will retain their GNO and continue to benefit from the DAO's ongoing economic activities. Liquid and semi-liquid treasury assets will be distributed based on net asset value. Non-liquid off-chain investments and enterprise value will be managed through synthetic gLTD-CLAIM tokens, which grant participants a fixed share of future dividends from the asset pool once the DAO's deployed capital exceeds the principal recovery threshold. Redeemed GNO will be destroyed, permanently reducing the effective circulation.

Enterprises are building their own blockchains to access the settlement economy that previously flowed to public blockchains. This article will delve into this market opportunity, which exceeds $60 billion.

OpenSea is currently facing a service interruption due to an ongoing system malfunction. According to Foresight News, the platform's official website has confirmed the disruption. Users may experience difficulties accessing services until the issue is resolved.

The ultimate goal of all AI stories lies with this company. TSMC's value is no longer just in manufacturing wafers, but in building up AI computing power.

The future of intelligent agents is not a simple technological arms race, but an institutional evolution concerning the attribution of power, the definition of responsibility, and the distribution of value.

The GENIUS Act has far-reaching implications beyond the localization and compliance of stablecoins; it also relates to profound changes in the dollar's economic financing structure: pressure on the banking sector, increased flexibility in US debt issuance, the introduction of new foreign capital into the US financial system, and stronger financial competition for weaker countries.

SATO is based on Uniswap V4 Hook, simulating Bitcoin scarcity with a cap of 21 million coins, no pre-mining and no backdoors, achieving fair sales on Ethereum.

Jinse Finance launches its cryptocurrency and blockchain industry daily news bulletin, "Jinse 8 AM," issue 3050, providing you with the latest and fastest news on the digital currency and blockchain industry.

Strategy holds Bitcoin not for trading, but for permanent ownership.

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

During the observation window from April 20 to May 7, 2026, the global crypto market demonstrated remarkable resilience, with the overall market capitalization completing a paradigm shift from "high-frequency speculative driving" to "structural rebalancing" amidst macroeconomic fluctuations.