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๐Ÿ”ฎ Kalshi Raises $1 Billion, Valued at $22 Billion Post-Funding

According to The New York Times, prediction market platform Kalshi announced the completion of a $1 billion funding round led by Coatue Management, bringing its post-money valuation to $22 billion. This marks the companyโ€™s third funding round in the past seven months, with valuations roughly doubling in each round.
๐Ÿ’ฐ BTC's 90-day correlation with gold has fluctuated between +0.57 and -0.37 since 2015. Currently, gold is viewed as a capital preservation asset, while BTC serves as a liquidity barometer.

Most dashboards continue to treat them as closely related, but ours distinguishes between the two.
๐Ÿณ Whales/Institutions are dumping $ETH!

Wallets linked to Metalpha deposited 27,000 $ETH ($62.78M) into Binance in the past hour.

Whale 0x8Ad4 deposited 14,062 $ETH ($32.82M) into Binance an hour ago.
๐Ÿ•ต๏ธ New addresses appearing on the XRP network have collapsed from 18,000 per day in December 2024 to 2,700 per day today, marking an 85% decline.

Monthly active supply reflects a similar trend, dropping from 7.45 billion XRP per day to approximately 2 billion XRP per day over the same period.

The speculative wave that drove XRP's late-2024 surge has largely unwound at the network level.
๐Ÿ“ $14 trillion BlackRock publishes report stating that adding bitcoin to your portfolio produces "compelling" results.

With #BTC's high volatility, "a little bitcoin can go a long way."
๐Ÿ†• $NEX added to Coinbase roadmap
๐Ÿ’ต 250,000,000 $USDC (249,963,373 USD) minted at USDC Treasury
๐Ÿ’ต 250,000,000 $USDC (249,938,500 USD) minted at USDC Treasury
๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ—ฃ The U.S. is leading in terms of crypto policies, says CZ.

โ€œAlthough it lacks liquidity. Hopefully we can fix that.โ€
๐Ÿฅท #AAVE #KERNEL Aave will conduct a complete overhaul of collateral assets and adjust asset listing standards in response to the vulnerability risk of KelpDAO.
๐Ÿ† ZachXBT Accuses LAB Founder of Market Manipulation, Offers $10,000 Bounty

ZachXBT has accused LAB token founder Vova Sadkov of manipulating the market through CEXs while sharing philosophical content on X, which has harmed retail investors. After receiving no response from the team via direct message, he announced a $10,000 bounty for evidence of LAB-related market manipulation, including insider information from LABโ€™s market-making activities on Bitget spot, Bybit perps, Binance perps, and OKX perps, as well as identity clues of founder vsadkovv, including passport or ID.
๐Ÿณ May 7 Update:

Bitcoin ETFs:
1D NetFlow: +261 $BTC (+$20.92M)
7D NetFlow: +20,802 $BTC (+$1.67B)

Ethereum ETFs:
1D NetFlow: +663 $ETH (+$1.52M)
7D NetFlow: +83,082 $ETH (+$190.59M)

Solana ETFs:
1D NetFlow: +240,595 $SOL (+$21.17M)
7D NetFlow: +292,371 $SOL (+$25.73M)
๐Ÿค #USDC #COIN

AWS attracts Coinbase and Stripe to provide payments in USDC for AI agents.
#LAB on parabola move
๐Ÿ‡บ๐Ÿ‡ธ๐Ÿง‘โ€๐Ÿ’ป Wall Street firms are now hiring for dozens of Bitcoin and crypto jobs โ€” Bloomberg
๐Ÿ•ต๏ธ 1,297.56 #BTC ($103,664,065)
aggregated inflows to Binance
๐Ÿ˜ฑ Bitcoin traders are currently experiencing their highest unrealized profits since June 2025. Historically, such levels increase the risk of corrections as traders are incentivized to secure their gains. In previous bear market rallies, rising unrealized profits near the Trader Realized Price have often coincided with increased distribution pressure and local tops.
๐Ÿ“‰ Bitcoin has dropped below $80,000.
๐Ÿ’ฐ JPMorgan Analysts Say MicroStrategyโ€™s Bitcoin Purchases Could Reach $30 Billion This Year

MicroStrategy has acquired 145,834 $BTC so far this year, worth approximately $11 billion. Analysts noted that the company accelerated its Bitcoin purchases in April, and at the current annualized pace, total purchases in 2026 would significantly exceed the roughly $22 billion acquired in both 2024 and 2025.

MicroStrategy currently holds 818,334 $BTC, valued at more than $65 billion based on current market prices.
๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ“ˆ US Treasury is reportedly pressuring Binance to tighten sanctions compliance again after alleged Iranian crypto flows resurfaced. #regulation
๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ•ต๏ธ $2.1 trillion BNY Mellon just disclosed it bought 101,810 shares ($18.7 million) more of Bitcoin treasury company Strategy $MSTR and now holds a total of 1 million shares ($187.2 million).