Telegram founder Pavel Durov announced on his personal channel that transaction fees on the TON network have decreased by approximately six times, nearing a 'virtually zero' level. According to ChainCatcher, the next phase of key adjustments will see Telegram replacing the TON Foundation as the primary driving force behind TON. Telegram is set to become the largest validator node on the TON network, with a focus on optimizing technical performance and infrastructure. Updates to the technical roadmap include the launch of a new ton.org, the release of next-generation developer tools, and upgrades to network performance and scalability. These enhancements are expected to be implemented within the next 2–3 weeks.

Key Takeaways Morgan Stanley's MSBT pulled in over $100 million in its first six days entirely through self-directed client channels, before the product was even made available through financial advisorsDespite a formal 2%–4% Bitcoin allocation recommendation, advisor adoption remains slow due to an education gap Morgan Stanley is now addressing through internal training programs80% of ETP exposure on Morgan Stanley's wealth platform is self-directed, highlighting the demand-supply mismatch between client appetite and advisor readinessOldenburg said US banks may eventually hold Bitcoin on their balance sheets but flagged Fed guidance, Basel rules, and global regulatory requirements as significant barriersMorgan Stanley is pursuing an OCC digital trust charter that would allow the bank to custody crypto directly and offer spot crypto trading on its wealth platformBlackRock's IBIT has amassed over $61 billion in assets, becoming the fastest-growing ETF in history since launching in January 2024 Morgan Stanley's head of digital asset strategy Amy Oldenburg offered the clearest public picture yet of how the world's largest wealth manager is approaching Bitcoin -- and how far the industry still has to go before the asset reaches US bank balance sheets at scale. Speaking at the Bitcoin Conference in Las Vegas, Oldenburg outlined a financial institution that is moving deliberately into digital assets against a backdrop of growing client demand that is outpacing the readiness of its own advisor network. $100 Million Before Advisors Even Started The most striking data point from Oldenburg's remarks was the performance of MSBT -- Morgan Stanley's Bitcoin-backed exchange-traded product and the first of its kind from a US-chartered bank. The product drew more than $100 million in its first six days of trading. What made the inflows particularly notable is that they came entirely from self-directed clients on the bank's platform, before financial advisors had even begun offering the product through the wealth management channel. "All of that was self-directed, it was not even available in advisory on the wealth platform," Oldenburg said -- a comment that points to a significant pool of pent-up institutional and high-net-worth demand that has not yet been activated through the bank's primary distribution channel. The Advisor Education Gap Oldenburg acknowledged a meaningful disconnect between client demand and advisor readiness. Morgan Stanley formally recommends a 2%–4% Bitcoin allocation to clients, yet advisor adoption of the product has been slow. Oldenburg attributed the gap to an education problem rather than a structural resistance to the asset class, noting that the bank has launched internal training programs to bring financial advisors up to speed on digital asset products and their risk characteristics. The scale of the self-directed skew underscores the point. With 80% of ETP exposure on Morgan Stanley's wealth platform currently coming through self-directed channels, the bank's advisor network represents a largely untapped distribution capacity. If advisor adoption catches up to client demand, the incremental inflow potential from Morgan Stanley's platform alone is significant. Balance Sheets: Coming, But Not Soon Oldenburg did not rule out Morgan Stanley eventually holding Bitcoin on its own balance sheet, but was careful to frame the timeline realistically. She pointed to three distinct regulatory barriers that must be addressed before a bank of Morgan Stanley's scale could make that move: Federal Reserve guidance on bank crypto holdings, Basel capital rules that currently impose punitive risk-weightings on crypto assets, and the need for alignment across multiple global regulators given the bank's international footprint. The assessment echoes a broader Wall Street consensus. BNY CEO Robin Vince said in March that large financial institutions will drive the next phase of crypto adoption by bridging traditional finance and digital assets -- but that regulatory clarity must come first. The OCC's recent granting of a national bank trust charter to Coinbase is a step in that direction, but the path from regulatory clarity to Bitcoin appearing on bank balance sheets at scale remains multi-year rather than imminent. OCC Charter and Custody Ambitions Morgan Stanley is not waiting for balance sheet clarity to expand its digital asset footprint. Oldenburg confirmed the bank is pursuing an OCC digital trust charter, which would allow Morgan Stanley to custody crypto directly and offer spot crypto trading on its wealth platform -- a capability that would significantly expand its ability to serve client demand beyond exchange-traded products. The MSBT product currently uses Coinbase and BNY Mellon as dual custodians under the existing structure. The broader context for Morgan Stanley's expansion is a Bitcoin ETF market that has demonstrated extraordinary institutional appetite. BlackRock's IBIT has accumulated over $61 billion in assets since launching in January 2024, becoming the fastest-growing ETF in history -- a benchmark that sets a high bar for what the next wave of bank-distributed Bitcoin products could achieve once advisor networks are fully engaged.

Key Takeaways US spot Bitcoin ETFs have attracted $3.29 billion over the past two months, lifting cumulative net inflows since January 2024 launch to $58.72 billionThe cumulative total remains $2.47 billion below the October 2025 peak of $61.19 billion -- the same month Bitcoin hit its all-time high above $126,000The two-month recovery has not yet offset the $6.38 billion in outflows recorded between November 2025 and February 2026 as Bitcoin fell from above $100,000 to nearly $60,000May began positively with $629 million in net inflows on Friday, the strongest single day in two weeksBitcoin is currently trading above $80,000 for the first time since January, providing a constructive backdrop for continued ETF flow recovery Two consecutive months of net inflows into US spot Bitcoin ETFs signal a genuine recovery in institutional demand -- but a closer look at the cumulative data reveals a recovery that remains meaningfully incomplete relative to where things stood at the peak of last autumn's bull market. The 11 US-listed spot Bitcoin ETFs have attracted $3.29 billion in net inflows over the past two months, according to SoSoValue data, with May opening on a strong note following Friday's $629 million single-day inflow. That has pushed cumulative net inflows since the products launched in January 2024 to $58.72 billion. The number sounds large -- and it is -- but it sits $2.47 billion below the record cumulative high of $61.19 billion reached in October 2025, the same month Bitcoin printed its all-time high above $126,000. The gap is a useful reality check on the narrative of a full institutional demand recovery. The Outflow Hole Is Not Yet Filled The scale of the hole that needs to be filled becomes clearer when measured against the outflow period that preceded the current recovery. Between November 2025 and February 2026, investors pulled $6.38 billion from spot Bitcoin ETFs as Bitcoin fell from above $100,000 to nearly $60,000 -- a four-month stretch of sustained redemptions that reflected a combination of profit-taking at all-time highs, geopolitical risk aversion following the October flash crash, and broader macro uncertainty driven by the Iran conflict and elevated inflation. The $3.29 billion recovered over March and April represents approximately half of that outflow figure. At the current pace, full recovery to the October cumulative peak would require several more months of sustained inflows at or above the recent monthly averages -- a trajectory that depends heavily on Bitcoin maintaining and building on its current position above $80,000, the Fed's rate path becoming more accommodative, and geopolitical risks around the Strait of Hormuz easing. Recovery Is Real, Momentum Is the Question The incomplete nature of the recovery is not necessarily a bearish signal. The direction of flows has clearly reversed, institutional appetite has returned, and the structural demand base from corporate treasury buyers -- Strategy's $3.9 billion in April purchases alone absorbed nearly five months of mining supply -- continues to provide a floor beneath spot prices. What remains uncertain is whether the recovery can accelerate from here. The April monthly inflow of $1.97 billion was the highest since October 2025, but it still represents less than a third of the cumulative gap relative to the peak. Friday's $629 million single-day inflow -- the strongest in two weeks -- suggests momentum is building at the start of May, but with Bitcoin only recently breaking above $80,000 for the first time since January and the macro backdrop still clouded by Hormuz uncertainty and Fed higher-for-longer signals, the pace of flow recovery will depend on catalysts that remain outside the market's immediate control. As SoSoValue data makes clear, the ETF recovery story is real -- but it is a story still being written rather than one that has reached its conclusion.

Key TakeawaysBitcoin tagged $80,594 -- its highest since January 31 -- triggering $370 million in total crypto liquidations across 97,235 traders in 24 hours, with $301.93 million coming from short positionsShorts were liquidated roughly four times as much as longs, with Bitcoin accounting for $179 million and Ether contributing $95 million; the largest single liquidation was an $11.77 million ETH/USDT short on BinanceThis is the second major short squeeze in two weeks -- a similar setup on April 18 wiped out $593 million in shorts as Bitcoin pushed past $77,000Bitcoin futures open interest has climbed to 763,350 BTC, up sharply from the May 1 low of 707,240 BTC, with CVD turning positive -- signaling buyers are driving price actionONDO surged 11% over 24 hours, breaking above its 90-day trading range as the Clarity Act yield compromise boosted regulatory clarity for real-world asset tokensFxPro analysts say Bitcoin needs to consolidate above $85,000 to confirm the breakout, flagging $83,600 as a key long-term trend line convergence levelBitcoin's break above $80,000 caught the crypto derivatives market badly positioned for the third time in recent weeks, triggering $370 million in total liquidations across 97,235 traders in 24 hours with short sellers absorbing the majority of the damage -- a pattern that is beginning to look less like a series of isolated events and more like a structural feature of the current market.Bitcoin briefly tagged $80,594 in early Asian trading Monday -- its highest print since January 31 -- before pulling back to trade around $79,851 at time of writing. Of the $370 million in total liquidations, $301.93 million came from short positions, according to CoinGlass data, with shorts liquidated at roughly four times the rate of longs. Bitcoin alone accounted for $179 million of the wipeout, with Ether traders contributing $95 million. The single largest liquidation was an $11.77 million ETH/USDT short on Binance.A Structural Short Squeeze PatternThe squeeze is the second of its kind in two weeks. A similar setup on April 18 wiped out $593 million in shorts as Bitcoin pushed past $77,000 on the back of Iran ceasefire reports. The repetition of the pattern points to a persistent structural dynamic: funding rates on Bitcoin perpetuals have been pinned negative for most of April, meaning short sellers have been paying longs to maintain their positions. Each time price pushes higher, the accumulated short positioning unwinds violently -- creating a self-reinforcing upside move that outpaces what spot demand alone would generate.The pattern is now well enough established that analysts are watching for a third iteration rather than treating each squeeze as a standalone event.Derivatives Positioning: Broadly Bullish With Pockets of ExcessBitcoin's futures open interest has climbed to 763,350 BTC, up sharply from the May 1 low of 707,240 BTC, suggesting renewed capital inflows into the market following April's end-of-month de-risking. The 24-hour cumulative volume delta has turned positive, meaning buyers are now driving trading activity through market orders rather than passive limit orders -- a shift from the defensive positioning that characterized much of late April.Ether's futures open interest has risen to 14.17 million ETH, its highest level since April 18, also backed by positive funding rates and positive CVD. Zcash is showing one of the strongest setups among major tokens, with open interest near a four-month high at 2.26 million tokens and positive funding rates around 7%.Not all markets look healthy. Monero and M token appear overheated, with funding rates surging above 60% -- a level that historically raises the risk of long squeezes if momentum stalls. FxPro analysts flagged the broader breakout as unconfirmed, noting that Bitcoin needs to consolidate above $85,000 for the move to be structurally validated. "The rising price and the downward-sloping 200-day moving average are actively converging with an important long-term trend line at $83,600. Consolidation above this level could further encourage traders, but we would prefer to see consolidation above $85,000 first," the firm said.Options Markets Signal Calm, Put Skew FadesDespite the sharp price action, options markets are signaling relative calm. Annualized 30-day implied volatility for both Bitcoin and Ether has remained subdued for over a month, consistent with a steady grind-higher rally rather than a volatility-driven spike. Ethereum's volatility index EVIV is approaching the 55% level -- a zone that has acted as a floor multiple times since 2024 and bears watching as a potential signal of a broader volatility pickup.On Deribit, put skews in both Bitcoin and Ether have weakened notably compared to a month ago, signaling reduced demand for downside protection and increased appetite for upside exposure via call options. The shift in options sentiment from defensive to constructive is one of the clearest indicators that the market's risk posture has changed since April's lows.Altcoins Join the RallyOther major cryptocurrencies participated in the move. Ether climbed 2.3% to $2,368, up 2.2% on the week. XRP gained 2.1% to $1.42. BNB added 1.9% to $630. Solana rose 1.4% to $85.14. Dogecoin was the week's standout performer, up 3.5% on the day and 14.3% on the week to $0.1119, extending a breakout that began last week alongside year-high open interest in DOGE futures.ONDO Leads RWA Token Rally on Clarity Act OptimismOne of the clearest beneficiaries of the Clarity Act stablecoin yield compromise is the real-world asset token sector. The compromise -- which shifts reward structures from a "buy and hold" to a "buy and use" model -- combined with growing regulatory clarity around tokenized assets, has driven a sharp rally in RWA tokens with Ondo Finance's ONDO leading the charge.ONDO surged 11% over 24 hours, breaking above its 90-day trading range as investors rotated into tokenized real-world asset exposure. TRU and PENDLE also posted gains. Ondo's total value locked stands at $3.57 billion with a market capitalization of $1.5 billion per DeFiLlama data. The rally comes alongside broadening institutional interest in RWA tokenization, with more than $30.9 billion in assets now tokenized on-chain according to RWA.xyz. Ondo also announced this week that it had tapped Broadridge Financial Solutions to add proxy voting and filings access for more than 250 tokenized stocks and ETFs -- a significant step toward institutional-grade governance for tokenized securities.ETF Flows Confirm Institutional DemandNet inflows into US spot Bitcoin ETFs reached $153.9 million last week per SoSoValue, capping an April that pulled in $1.97 billion -- the highest monthly total since October 2025. Ether ETFs moved in the opposite direction, recording $82.5 million in net outflows that ended a three-week inflow streak -- a divergence that may reflect profit-taking following Ether's strong April performance rather than a structural change in institutional sentiment.

Mexico's central bank survey indicates that private sector analysts expect the overall inflation rate to reach 4.38% by the end of 2026. According to Jin10, this projection is higher than the previous survey's estimate of 4.21%.

The United Arab Emirates (UAE) has issued a missile threat warning, marking the first such alert since the ceasefire between the United States and Iran took effect approximately a month ago. Bloomberg posted on X, highlighting the significance of this development in the region's geopolitical landscape. The warning underscores ongoing tensions despite the recent ceasefire, as regional security remains a critical concern. The UAE's alert serves as a reminder of the fragile nature of peace agreements and the potential for renewed hostilities. The situation continues to be closely monitored by international observers, with implications for regional stability and security.

KWave Media, a Nasdaq-listed South Korean entertainment company, has announced a strategic shift in its investment focus. According to NS3.AI, the company plans to redirect up to $485 million, initially secured for its Bitcoin treasury strategy, into AI infrastructure. This move will fund data centers, GPU computing operations, and related AI investments under a revised securities purchase agreement with Anson Funds. The decision comes as part of KWave Media's efforts to support debt reduction and restructuring. The company first announced its Bitcoin treasury strategy in 2025 as a component of a broader capital market reorganization plan. This pivot towards AI infrastructure reflects a significant change in KWave Media's investment priorities.

Key Takeaways April non-farm payrolls drop Friday, May 8, with estimates at just 73,000 -- a sharp deceleration from March's 178,000 -- in the first payrolls print after a delay caused by the 2025 federal shutdownStrategy, Coinbase, MARA, Hut 8, Core Scientific, and CleanSpark all report Q1 earnings this week, putting the Bitcoin treasury trade and miner business models under the spotlightSan Francisco Fed President Mary Daly and Chicago Fed President Austan Goolsbee speak Friday on central bank independence -- the same week Jerome Powell exits the chair role under White House pressureEcho Base partner Jennifer Hanny warns that low volatility and light positioning create an asymmetric setup where markets "could react quickly to any catalyst that forces a repricing of risk"Coinbase will delist DAI and convert remaining tokens to USDS on May 4; ZKsync Lite will be fully deprecated the same day Three distinct tests land inside one week for crypto markets, each capable of shifting the near-term outlook for Bitcoin and digital assets in a different direction -- and all arriving as Bitcoin attempts to consolidate its first move above $80,000 since January. Test One: April Jobs Data The week's most significant macro event is Friday's April non-farm payrolls report, the first jobs print after a delay caused by the 2025 federal government shutdown. The consensus estimate sits at just 73,000 new jobs -- a sharp deceleration from March's 178,000 -- alongside an unemployment rate forecast steady at 4.3% and average hourly earnings expected at 0.3% month-on-month and 3.5% year-on-year. The stakes for crypto are straightforward. A weaker-than-expected print gives the Federal Reserve cover to cut rates sooner, removing one of the primary headwinds that has capped Bitcoin's recovery. A strong print delays easing further, reinforcing the higher-for-longer monetary policy backdrop that has contributed to Bitcoin's inability to sustain moves above $80,000. With CME FedWatch already pricing a 94.9% probability of a June hold, a significant miss on payrolls could meaningfully shift that calculus. Supporting data arrives through the week. US JOLTs job openings for March are due Tuesday at 9:00 AM ET, followed by ADP Employment Change for April on Wednesday at 7:15 AM ET -- the prior reading was a weak 62,000. Initial jobless claims for the week ending May 2 are due Thursday at 7:30 AM ET, with the prior reading at 189,000. Michigan Consumer Sentiment for May also drops Friday alongside payrolls, with the prior reading at 49.8. Test Two: Bitcoin Treasury Earnings Season The week delivers the most concentrated slate of Bitcoin-adjacent corporate earnings of the year. Strategy reports post-market Tuesday with Wall Street expecting a per-share loss of $12.95 -- a figure that will put the spotlight on the durability of Michael Saylor's STRC-funded capital-raising engine following April's $3.9 billion in Bitcoin purchases and the company's second weekly buying pause of the year ahead of the report. MARA Holdings reports post-market Tuesday with an estimated loss of $0.45 per share, having already disclosed the sale of 15,133 BTC last quarter to fund a debt buyback. Hut 8 reports pre-market Wednesday at an estimated loss of $0.34 per share. Core Scientific follows post-market Wednesday at an estimated loss of $0.04. Coinbase Global -- the most closely watched exchange earnings of the quarter -- reports post-market Thursday with Wall Street expecting earnings of $0.26 per share. Block reports Thursday post-market at $0.60. CleanSpark and TeraWulf round out the week Friday with estimated losses of $0.23 and $0.19 per share respectively. Riot's disclosure that it sold 3,778 BTC last quarter at an average of $76,626 per coin sets the tone for what investors will be scrutinizing: whether miners are holding or liquidating Bitcoin, and whether treasury companies can continue funding accumulation at the pace set in April. Test Three: The Fed and Powell's Final Week The Federal Reserve remains in focus despite no policy decision this week. San Francisco Fed President Mary Daly and Chicago Fed President Austan Goolsbee are scheduled to participate Friday in a Hoover Institution conference on "Independence, Structure, and Risks Ahead for Central Banks" -- a topic that carries unusual weight given that Jerome Powell exits his chair role this week under White House pressure while remaining on the Fed board as a governor in what he has described as a "low-profile" capacity. The timing is significant. Kevin Warsh is expected to assume the chairmanship in mid-May, and any comments from Daly or Goolsbee on Fed independence or the rate outlook will be parsed carefully as markets assess the institutional dynamics of the transition. Powell's own parting comment -- that the next meeting may consider shifting from an accommodative to a neutral stance -- adds additional weight to every Fed speaker appearance this week. The Bank of Japan also releases its monetary policy meeting minutes Wednesday evening, a potentially market-moving event given the 6-3 vote split at the last meeting and the 74% probability markets are now pricing for a June BOJ rate hike. The Reserve Bank of Australia announces its rate decision Sunday night at 11:30 PM ET, with estimates at 4.35% against a prior of 4.1%. Crypto-Specific Events Coinbase will delist DAI and convert remaining tokens to USDS on May 4, reflecting the ongoing consolidation in the stablecoin landscape as Circle's USDC and its derivatives gain institutional ground. ZKsync Lite will be fully deprecated the same day, marking the end of the original ZKsync layer-2 product as the ecosystem transitions fully to ZKsync Era. Lido DAO is conducting a time-sensitive governance vote -- ending May 6 -- on a proposal to temporarily lower the EarnETH first-loss protection trigger below the standard 1% threshold, designed to ensure full compensation for users if the rsETH shortfall from the KelpDAO exploit is resolved through DeFi United. The Asymmetric Setup Jennifer Hanny, partner at Echo Base, framed the week's risk environment concisely. "Investors aren't heavily positioned and volatility remains low, creating an asymmetrical setup: markets appear stable on the surface but could react quickly to any catalyst that forces a repricing of risk," she told CoinDesk. With Bitcoin consolidating around $79,000 after its first $80,000 breach since January, the combination of a potentially weak payrolls print, a wave of Bitcoin treasury earnings, and active Fed speakers creates the conditions for either a sustained breakout above $80,000 or a return to the mid-$70,000s that Marex analysts identified as the alternative scenario on a rejection.

Analyst @ai_9684xtpa posted on X that a recent trading strategy by @Jason60704294 has sparked interest. After successfully shorting and earning over $2 million, the analyst reversed the position to go long with 46.1 BTC, resulting in a floating profit of $74,000. However, the actual position details are yet to be updated by the analyst.

On May 04, 2026, 14:49 PM(UTC). According to Binance Market Data, Bitcoin has crossed the 80,000 USDT benchmark and is now trading at 80,173.601563 USDT, with a narrowed 1.92% increase in 24 hours.

أصدر راي داليو، مؤسس شركة بريدج ووتر أسوشيتس، تحذيراً جديداً: ستكون السنتان المقبلتان "فترة خطيرة بشكل خاص"، حيث ستتلاقى عاصفة ثلاثية من الديون والجيوسياسة والتكنولوجيا، ومن المحتم أن تفشل معظم استراتيجيات التوقيت الخاصة بالمستثمرين.

بالنسبة للدول المتقدمة، لا تزال تلك الطبقة تتمثل في الودائع المصرفية وعلاقات الحسابات؛ أما بالنسبة للدول النامية، فإن تلك الطبقة تتمثل في المدفوعات عبر الحدود وتدفقات رأس المال والسيادة النقدية.

كشفت نيكيتا بير، رئيسة قسم المنتجات في X، أن العملات المشفرة هي الموضوع الأكثر احتمالاً لكتم صوته من قبل مستخدمي X، حيث يرغب عدد أقل فأقل من المستخدمين في رؤية الأخبار المتعلقة بالعملات المشفرة على صفحة "لك".

تحاول OpenAI إصلاح الثغرات الأمنية، لكن الخسائر في الأرواح لا تزال تختبر الحدود بين التكنولوجيا والإنسانية.

تختبر سنغافورة تقنية الذكاء الاصطناعي بالتعاون مع خمسة بنوك ووكالات حكومية لكشف عمليات الاحتيال في وقت مبكر باستخدام بيانات مشتركة. وتهدف التجربة إلى تحسين الكشف وتقليل الخسائر، مع وجود خطط للتوسع إذا أثبتت فعاليتها.

تعرض مجتمع XRP لنوع جديد من التهديدات - وهذه المرة، حدث ذلك في الوقت الفعلي أثناء حدث مباشر.

أضافت مورغان ستانلي 286.7 بيتكوين أخرى بقيمة حوالي 22.5 مليون دولار، ليصل إجمالي حيازاتها إلى حوالي 2620 بيتكوين بقيمة تقارب 205 مليون دولار.

حظرت البرازيل على مزودي خدمات صرف العملات الأجنبية استخدام العملات المستقرة والعملات المشفرة لتسوية المدفوعات عبر الحدود، وأجبرتهم على استخدام القنوات المصرفية التقليدية بدلاً من ذلك. ولا يزال تداول العملات المشفرة قانونياً، ولكن يتعين على الشركات التي تستخدم تقنية البلوك تشين في تحويل الأموال تغيير أنظمتها بحلول عام 2027.

أصبح قانون CLARITY الذي طال انتظاره الآن على وشك تحقيق اختراق حاسم، حيث توصل أعضاء مجلس الشيوخ الأمريكي إلى حل وسط حاسم يمكن أن يدفع مشروع قانون العملات المشفرة التاريخي إلى التصويت عليه في وقت مبكر من شهر مايو.

وقد سلطت الأضواء على منصة نوبيتكس، وهي منصة العملات المشفرة المهيمنة في إيران، بعد أن كشف تحقيق أجرته رويترز أنها تأسست من قبل أفراد مرتبطين بإحدى أقوى العائلات السياسية في البلاد، مما أثار تساؤلات جديدة حول تقاطع البنية التحتية للعملات المشفرة ونفوذ الدولة.