OpenAI is facing a class action lawsuit in a California federal court, accused of disclosing private ChatGPT user data to Meta and Google. According to BeInCrypto, the complaint alleges that OpenAI used embedded tracking technology without consumer consent, funneling personal queries and account details to the tech giants. The lawsuit covers U.S. residents who used ChatGPT.com, arguing that users had reasonable privacy expectations. Plaintiffs seek monetary damages and an injunction to halt the practice. This case adds to the growing legal scrutiny on AI providers regarding data privacy.

Iranian Vice President Reza Aref has declared that Iran will never relinquish control of the Strait of Hormuz, regardless of the cost. According to Odaily, Aref emphasized that the strait has always been Iran's property, although there was a period when it was not fully utilized.

Michael Saylor has shared insights on STRC's performance metrics. According to Foresight News, Saylor noted that STRC's volatility stands at 1.8%, with a Sharpe ratio of 4.35 and a yield of 11.5%. He also highlighted that tomorrow marks the record date for equity, while today is the issuance date.

Key economic indicators, including the U.S. initial jobless claims for the week ending May 9, April retail sales, and the import price index month-over-month, as well as Canada's March wholesale sales month-over-month, are set to be released in ten minutes. According to Jin10, these data points are closely watched by market participants for insights into economic trends.

Crypto markets remained under pressure on Thursday as Bitcoin held below $80,000, nearly $400 million in leveraged long positions were liquidated, and altcoins slid broadly in response to hotter-than-expected US inflation data that sent risk assets into retreat. Bitcoin was trading around $79,800 after dropping as low as $78,720 on Wednesday — still well below its weekly open of $82,500 and unable to reclaim the 200-day moving average at just above $82,000 that has emerged as the defining technical resistance of the current cycle. What triggered the move: PPI surprises to the upside Wednesday's Producer Price Index reading provided the macro catalyst for the risk-off turn. PPI rose 6% on an annual basis — its highest level since 2022 — adding to the inflation picture already complicated by Tuesday's hotter-than-expected CPI print. Together, the two inflation reports in as many days have made a compelling case that price pressures are re-accelerating rather than stabilizing, reinforcing expectations that the Federal Reserve will hold rates at 3.50% to 3.75% not just through June but potentially through the end of the year. For crypto markets, which have become increasingly sensitive to US macro data as institutional adoption has deepened, the one-two punch of CPI and PPI was enough to unwind positioning that had built up in anticipation of a clean breakout above $82,000. Derivatives: $400 million in liquidations, longs dominate the damage The derivatives market told the clearest story of how one-sided bullish positioning had become. Total liquidations surged 68% to nearly $400 million over 24 hours, with the vast majority coming from long positions. Bitcoin alone saw $117 million in liquidations, of which $102 million — roughly 87% — were longs. The concentration of liquidations on the bullish side confirms that a significant portion of the market had been positioned for an upside breakout above the 200-day moving average that did not materialize. Futures volume rose 14% to $189 million over the same period while open interest declined 2% to $133 billion, suggesting that elevated trading activity was driven by position closures rather than new capital entering the market. Bitcoin's open interest edged slightly higher to 750,000 BTC from 745,000 BTC, but the 24-hour cumulative volume delta remained negative — meaning sell orders dominated buy limit orders throughout the session, a sign of persistent selling pressure beneath the surface. Ethereum's open interest reached a record high of 15.42 million tokens earlier Thursday, surpassing the previous peak of 15.33 million set in July. The record OI in a range-bound market — ETH has largely oscillated between $2,200 and $2,450 over the past four weeks — reflects growing demand for leverage without a clear directional conviction behind it. Across the broader market, the open-interest-adjusted cumulative volume delta for most of the top 25 coins remained negative, pointing to sustained selling pressure that could extend downside risk particularly in the altcoin market, which is heavily influenced by derivatives positioning. Options market signals hedging demand In the options market, the most actively traded contract on Thursday was the $75,000 strike Bitcoin put expiring May 29 — a downside hedge that signals meaningful demand for protection against a drop toward that level. The presence of that put as the most traded contract, while the remaining top five most active contracts were calls, reflects a market that is simultaneously hedging downside and maintaining some bullish exposure — a positioning profile consistent with uncertainty rather than clear directional conviction. Despite the volatility and the CLARITY Act markup scheduled for Thursday, both Bitcoin and Ether 30-day implied volatility indexes remained subdued, suggesting the options market is not yet pricing in a sharp directional move in either direction. Altcoins: memecoins lead losses, 75 of top 100 in the red The altcoin market bore the brunt of Thursday's risk-off move. The Altcoin Season indicator dropped back to 43 out of 100 after briefly touching 50 on Monday, reflecting the rapid deterioration in broader crypto risk appetite. Of the 100 assets in the CoinDesk 100, 75 were in the red on Thursday. Memecoins led losses, with the CoinDesk Memecoin Select Index tumbling more than 4% since midnight UTC and over 10% across the full 24-hour period. The DeFi Select Index also showed weakness, losing 1%, while the Bitcoin-heavy CoinDesk 20 index held up comparatively well with only a 0.16% decline — illustrating the same dynamic visible in the ETH/BTC ratio, where Bitcoin's relative defensiveness continues to outperform higher-beta crypto assets. Restaking token ETHFI led individual declines among tracked assets, falling 4.1% since midnight and 7.5% over 24 hours. A handful of tokens bucked the trend: XDC rose 7.5% and Humanity Protocol broke out of a recent downtrend with a 3.9% gain since midnight UTC. What to watch The CLARITY Act markup in the Senate Banking Committee, scheduled for Thursday, remains a potential positive catalyst that could shift sentiment if it advances as expected. Multiple analysts have flagged a clean procedural win on the bill as a trigger for renewed institutional buying regardless of the macro backdrop. On the technical side, Bitcoin's ability to hold above $78,720 — Wednesday's session low — will be closely watched as the key near-term support level. CryptoQuant has identified $70,000 as the broader support floor if the current weakness extends, representing the average cost basis of the market as a whole. A recovery above $82,000 and the 200-day moving average would be required to shift the technical picture back to bullish.

Crypto markets remained under pressure on Thursday as Bitcoin held below $80,000, nearly $400 million in leveraged long positions were liquidated, and altcoins slid broadly in response to hotter-than-expected US inflation data that sent risk assets into retreat.Bitcoin was trading around $79,800 after dropping as low as $78,720 on Wednesday — still well below its weekly open of $82,500 and unable to reclaim the 200-day moving average at just above $82,000 that has emerged as the defining technical resistance of the current cycle.What triggered the move: PPI surprises to the upsideWednesday's Producer Price Index reading provided the macro catalyst for the risk-off turn. PPI rose 6% on an annual basis — its highest level since 2022 — adding to the inflation picture already complicated by Tuesday's hotter-than-expected CPI print. Together, the two inflation reports in as many days have made a compelling case that price pressures are re-accelerating rather than stabilizing, reinforcing expectations that the Federal Reserve will hold rates at 3.50% to 3.75% not just through June but potentially through the end of the year.For crypto markets, which have become increasingly sensitive to US macro data as institutional adoption has deepened, the one-two punch of CPI and PPI was enough to unwind positioning that had built up in anticipation of a clean breakout above $82,000.Derivatives: $400 million in liquidations, longs dominate the damageThe derivatives market told the clearest story of how one-sided bullish positioning had become. Total liquidations surged 68% to nearly $400 million over 24 hours, with the vast majority coming from long positions. Bitcoin alone saw $117 million in liquidations, of which $102 million — roughly 87% — were longs. The concentration of liquidations on the bullish side confirms that a significant portion of the market had been positioned for an upside breakout above the 200-day moving average that did not materialize.Futures volume rose 14% to $189 million over the same period while open interest declined 2% to $133 billion, suggesting that elevated trading activity was driven by position closures rather than new capital entering the market. Bitcoin's open interest edged slightly higher to 750,000 BTC from 745,000 BTC, but the 24-hour cumulative volume delta remained negative — meaning sell orders dominated buy limit orders throughout the session, a sign of persistent selling pressure beneath the surface.Ethereum's open interest reached a record high of 15.42 million tokens earlier Thursday, surpassing the previous peak of 15.33 million set in July. The record OI in a range-bound market — ETH has largely oscillated between $2,200 and $2,450 over the past four weeks — reflects growing demand for leverage without a clear directional conviction behind it.Across the broader market, the open-interest-adjusted cumulative volume delta for most of the top 25 coins remained negative, pointing to sustained selling pressure that could extend downside risk particularly in the altcoin market, which is heavily influenced by derivatives positioning.Options market signals hedging demandIn the options market, the most actively traded contract on Thursday was the $75,000 strike Bitcoin put expiring May 29 — a downside hedge that signals meaningful demand for protection against a drop toward that level. The presence of that put as the most traded contract, while the remaining top five most active contracts were calls, reflects a market that is simultaneously hedging downside and maintaining some bullish exposure — a positioning profile consistent with uncertainty rather than clear directional conviction.Despite the volatility and the CLARITY Act markup scheduled for Thursday, both Bitcoin and Ether 30-day implied volatility indexes remained subdued, suggesting the options market is not yet pricing in a sharp directional move in either direction.Altcoins: memecoins lead losses, 75 of top 100 in the redThe altcoin market bore the brunt of Thursday's risk-off move. The Altcoin Season indicator dropped back to 43 out of 100 after briefly touching 50 on Monday, reflecting the rapid deterioration in broader crypto risk appetite. Of the 100 assets in the CoinDesk 100, 75 were in the red on Thursday.Memecoins led losses, with the CoinDesk Memecoin Select Index tumbling more than 4% since midnight UTC and over 10% across the full 24-hour period. The DeFi Select Index also showed weakness, losing 1%, while the Bitcoin-heavy CoinDesk 20 index held up comparatively well with only a 0.16% decline — illustrating the same dynamic visible in the ETH/BTC ratio, where Bitcoin's relative defensiveness continues to outperform higher-beta crypto assets.Restaking token ETHFI led individual declines among tracked assets, falling 4.1% since midnight and 7.5% over 24 hours. A handful of tokens bucked the trend: XDC rose 7.5% and Humanity Protocol broke out of a recent downtrend with a 3.9% gain since midnight UTC.What to watchThe CLARITY Act markup in the Senate Banking Committee, scheduled for Thursday, remains a potential positive catalyst that could shift sentiment if it advances as expected. Multiple analysts have flagged a clean procedural win on the bill as a trigger for renewed institutional buying regardless of the macro backdrop.On the technical side, Bitcoin's ability to hold above $78,720 — Wednesday's session low — will be closely watched as the key near-term support level. CryptoQuant has identified $70,000 as the broader support floor if the current weakness extends, representing the average cost basis of the market as a whole. A recovery above $82,000 and the 200-day moving average would be required to shift the technical picture back to bullish.

Bitcoin may be approaching a critical inflection point after hitting a key historical resistance level that preceded its last major bear market decline, crypto analytics firm CryptoQuant warned in a note published Wednesday. The warning comes as Bitcoin has slipped 2.3% in the past 24 hours to $79,300, following hotter-than-expected US producer price data that added to the macro headwinds already weighing on risk assets. The 200-day moving average: a level with a bearish track record Bitcoin's six-week rally from its early April low of $66,000 carried it to the 200-day moving average at $82,400 — a level CryptoQuant described as a "major bear market resistance" based on its historical significance. The firm drew a direct parallel to March 2022, when Bitcoin last tested the same moving average before resuming a steep decline that defined the 2022 bear market. "The 200-day MA was a major resistance in the 2022 bear market: the price resumed its downward trend after hitting it in March of that year," CryptoQuant said. "The current setup raises the question of whether history repeats." The moving average carries weight as a resistance level because it represents the average price at which Bitcoin has traded over the past 200 days — a threshold above which the market transitions from a longer-term downtrend to recovery territory. Reaching it from below after a sustained bear market rally has historically been a moment where selling pressure from holders sitting on recovered losses intensifies. Profit-taking already underway CryptoQuant's concern is not purely based on the price level. The firm pointed to several on-chain signals suggesting traders are already acting on the resistance rather than waiting to see whether it breaks. Traders' unrealized profit margins reached 17.7% on May 5 — their highest level since June last year — a reading the firm said indicated significant potential selling pressure. Critically, that margin level mirrors what was observed in March 2022, precisely when Bitcoin last tested the 200-day moving average before reversing lower. More concretely, daily realized profits jumped to their highest level since early December last week, with traders cashing out 14,600 Bitcoin — worth nearly $1.2 billion at current prices — on May 4 alone. "Historically, spikes of this magnitude in bear market rallies have preceded local price tops," CryptoQuant said. The combination of elevated unrealized profit margins and a spike in actual profit-taking behavior at a historically significant resistance level forms the core of CryptoQuant's bearish thesis. Macro headwinds add pressure The technical picture is being complicated by deteriorating macro conditions. Producer prices jumped 1.4% in April, the Bureau of Labor Statistics reported Wednesday — the biggest monthly increase in four years and another sign that inflation is re-accelerating rather than stabilizing. The reading follows Tuesday's hotter-than-expected CPI print and further reduces the likelihood of any near-term Federal Reserve pivot toward easier monetary policy. Bitcoin has become increasingly sensitive to US economic data as Wall Street adoption has grown through spot ETF inflows and institutional positioning. Wednesday's PPI-driven dip to $79,300 illustrates that sensitivity — a data point that might have had limited impact on Bitcoin two years ago now moves the market within hours of release. Key support if Bitcoin falls: $70,000 CryptoQuant identified $70,000 as the critical support level to watch if the current resistance holds and Bitcoin begins to pull back. That level represents the average price at which all Bitcoin was last transacted — a metric known as the realized price — which has historically acted as a key resistance-turned-support band during bear markets. "It represents the average cost basis of short-term traders and the level at which unrealized profit margins compress back toward zero, reducing the incentive for further selling," CryptoQuant said. In practical terms, $70,000 is the level where most recent buyers would be sitting at breakeven — removing the profit-taking pressure that CryptoQuant sees as the primary downside risk at current levels. The bull case: CLARITY Act and money printing Not all analysts share CryptoQuant's cautious read. MN Capital founder Michaël van de Poppe said Wednesday that Bitcoin "might see a fast move" to $90,000 if the US Senate advances the CLARITY Act — crypto market structure legislation that the Senate Banking Committee is deliberating this week. Several traders have flagged the bill as a potential catalyst capable of driving institutional inflows regardless of the macro backdrop. Arthur Hayes, investment chief at crypto fund Maelstrom, went further on Tuesday, calling Bitcoin's return to its all-time high of $126,000 a "foregone conclusion." Hayes argued that the ongoing US-Iran conflict and US-China competition over artificial intelligence would force governments to expand the money supply — triggering inflation that would ultimately drive capital into Bitcoin as a hard-asset hedge. The bottom line Bitcoin is caught between two competing narratives at one of the most technically significant levels of the current cycle. CryptoQuant's on-chain data — elevated profit margins, a surge in realized profits, and a price that has just hit historically meaningful resistance — makes a compelling case for caution. The legislative and monetary policy bull cases being made by other analysts are real but forward-looking, dependent on events that have not yet materialized. Whether Bitcoin can break cleanly above the 200-day moving average at $82,400 or gets pushed back toward $70,000 support may well be determined by two things happening simultaneously this week: the Senate Banking Committee's CLARITY Act markup and the continued flow of inflation data that is making the Fed's path increasingly difficult to predict.

미국 법무부는 채굴 및 거래를 통해 매일 수익을 보장한다고 허위로 약속했던 암호화폐 사기 사건 ‘에어비트 클럽(AirBit Club)’의 피해자들을 위한 배상 절차를 시작했습니다. 이 사기 사건을 주도한 여러 설립자와 홍보 담당자들이 유죄 판결을 받고 수감된 데 이어, 압수된 4억 달러 이상의 자금이 자격을 갖춘 투자자들에게 배상금으로 지급될 예정입니다.

일론 머스크는 오픈AI를 상대로 한 미국 법원 소송에서 여전히 증인 소환 대기 상태임에도 불구하고 도널드 트럼프와 함께 중국을 방문했다. 판사는 그의 출국을 막지는 않았으나, 재판이 끝나기 전에 증언을 위해 소환될 경우 그는 신속히 귀국해야 할 수도 있다.

CLARITY 법안은 정확히 무엇이며, 무엇이 아닌지, 주요 시점은 무엇인지, 그리고 이 법안이 거래소, 스테이블코인 및 실물자산(RWA) 시장의 경쟁 구도를 어떻게 바꿀 수 있는지 살펴봅니다.

나이젤 파라지는 의회에 입성하기 직전 암호화폐 억만장자 크리스토퍼 하본으로부터 논란이 되는 500만 파운드의 자금을 받은 사실이 드러나면서 의회의 공식 조사를 받게 됐다. 비평가들은 이 자금이 공개적으로 신고되었어야 했다고 지적했다.

도널드 트럼프 전 대통령이 미국의 유력 기업 최고경영자들과 함께 중국을 방문하자 비트코인 가격이 8만 1천 달러 선까지 급등했으며, 이는 미중 무역 협상에서 중대한 돌파구가 마련될 경우 비트코인 가격이 9만 달러를 향해 추가 상승세를 보일 수 있다는 전망을 불러일으켰다.

앤드레센 호로위츠(Andreessen Horowitz)와 코인베이스 벤처스(Coinbase Ventures)의 투자를 받은 모바일 디파이(DeFi) 앱 ‘레전드(Legend)’가 1,500만 달러를 조달했음에도 불구하고 사업 유지에 필요한 충분한 사용자 수를 확보하지 못해 7월 12일 서비스를 종료한다.

시장이 급등할수록 하락할 명분을 찾기가 더 어려워진다. 하지만 위험이 사라진 것은 아니며, 단지 더 깊이 숨어 있을 뿐이다.

워시는 6월 첫 회의에서 중대한 기로에 서 있으며, 금리 전망을 제출할지 여부가 그의 정책 입장을 드러낼 것이다! 기권은 트럼프의 압력을 피하고 제도 개혁을 추진하기 위한 전략적 선택이 될 수 있다.

상원 은행위원회는 309페이지 분량의 CLARITY 법안 개정안을 발표했으며, 14일 심의 및 표결 절차에 들어갈 예정이다. 개정안은 지난 1월 법안 통과가 좌절된 주요 걸림돌들을 해소했으나, 동시에 다수의 실질적인 조항이 추가되어 세심한 주목이 필요하다.

이 프로젝트가 최신 KYC 업데이트를 발표한 후, Pi 커뮤니티는 분노로 들끓고 있다. Pi 네트워크는 엄격한 신원 확인 절차로 악명이 높으며, 프로젝트의 KYC 절차를 통과하는 성공률은 고작 30%에 불과하다.