BitMine has bought over 100,000 ETH for three weeks in a row, lifting its total holdings above 5.18 million ETH. The firm says Ethereum demand is rising due to tokenisation, AI use and staking income growth.

Predict.fun has introduced a new prediction event titled 'When Will Polymarket Launch Its Official Token?' According to Odaily, the current trading volume for this event has reached $546,800. The probability of Polymarket launching its official token by June 30, 2027, is currently reported at 88%. The likelihood of a launch by March 31, 2027, stands at 77%, by December 31, 2026, at 55%, by September 30, 2026, at 39%, and by June 30, 2026, at 9%. The settlement rules for this event specify that if Polymarket officially launches its token by 11:59 PM Eastern Time on the specified date, the market will be determined as 'Yes.' Otherwise, it will be 'No.' Even if the token initially lacks utility or is not explicitly labeled as a 'governance' token, it will qualify as long as it is promoted and presented as Polymarket's official token. The token must be publicly transferable and tradable; mere announcements or tokens available only for claiming do not meet the criteria. Tokens representing CTF shares or other positions within the product market, such as ERC-1155 or ERC-20 tokens, and any collateral tokens pegged to the U.S. dollar, are excluded from settlement. Official statements from Polymarket, including blog posts, social media channels, or documents, will serve as sources. If necessary, credible third-party reports may also be referenced. Previously, Polymarket team member Mustafa (@mustafap0ly) hinted at potential progress regarding the POLY token during a community interaction.

The prediction market Predict.fun has launched a new prediction event, "When will Polymarket launch its official token?", with a current trading volume of $546,800. The probabilities of Polymarket launching its official token before June 30, 2027 are tentatively reported as follows: 88%; 77%; 55%; 39%; and 9% respectively. The settlement rules are as follows: if Polymarket officially launches its official token before the date indicated in the title (11:59 PM Eastern Time), the market will mark it as "Yes". Otherwise, it will mark it as "No". Even if a Polymarket token initially lacks utility and isn't explicitly labeled a "governance" token, it's acceptable as long as it's advertised and presented as the official token of a Polymarket product. The token must be publicly and actively transferable and tradable. Simply issuing an announcement is insufficient. Tokens available only for collection are also unacceptable. ERC-1155 or ERC-20 tokens used to represent CTF shares or other user positions in the in-product market, as well as any USD-pegged collateralized tokens, are not eligible for settlement. Sources must be official Polymarket statements (including blog posts, social media channels, or documentation). Trusted third-party reports may also be consulted if necessary. Previously, Mustafa (@mustafap0ly), a member of the Polymarket team, hinted in a community interaction today that progress regarding the POLY token may be imminent.

The United Arab Emirates has taken the unprecedented step of partially closing its airspace after Iran launched missiles and drones targeting the UAE. Bloomberg posted on X, highlighting the escalating tensions in the region. This marks the first time in several weeks that the UAE has resorted to such measures, reflecting the seriousness of the threat posed by Iran's actions. The closure is expected to impact air travel and logistics, as authorities assess the situation and determine further steps to ensure safety and security. The UAE's response underscores the volatile geopolitical climate in the Middle East, with potential implications for international relations and regional stability.

Bill Ackman, CEO of Pershing Square, recently announced that the firm has raised $5 billion, deploying approximately 35% of this capital due to attractive valuations in quality stocks. According to NS3.AI, Ackman noted that the market is trading at a price-to-earnings ratio in the low 20s, compared to a historical average of 16-17 times. He emphasized that today's leading companies are of higher quality and exhibit faster growth. Ackman also highlighted the pervasive influence of AI, stating that every company must consider whether AI will disrupt or enhance its business operations.

North Korea has been accused of orchestrating more than 75% of the global crypto crime in 2026, with blockchain analytics firm TRM Labs estimating that the stolen funds could reach a whopping $577 million in just the past four months.

The use of artificial intelligence in investment strategies is gaining attention as individuals seek new ways to enhance their portfolios. Wall Street Journal (Markets) posted on X that the growing interest in AI-driven prompts for trading insights is becoming a common trend. However, investors are advised to carefully consider the reliability and effectiveness of AI tools before integrating them into their financial decision-making processes. While AI offers potential advantages, such as data analysis and pattern recognition, it is crucial to remain cautious and informed about its limitations and risks. As the financial landscape evolves, the role of AI in investment continues to be a topic of discussion among market participants.

According to the announcement from Binance, starting from 2026-05-08 21:00 (UTC), the platform will introduce the Orderbook EWMA price index calculation mode for commodity-based TradFi perpetual contracts. This change aims to replace the Fixed Mode during daily maintenance periods, weekends, and holidays. The new calculation mode will be applied to all existing commodity-based TradFi perpetual contracts, including XAUUSDT, XAGUSDT, XPTUSDT, XPDUSDT, COPPERUSDT, CLUSDT, BZUSDT, NATGASUSDT, as well as any future listings on Binance Futures. The Fixed Mode will continue to be used for equity-based TradFi perpetual contracts during the same periods until further notice. Binance has indicated that a separate announcement will be made if there is a decision to apply the Orderbook EWMA price index calculation mode to equity-based TradFi perpetual contracts. This update is part of Binance's ongoing efforts to enhance user experience by regularly reviewing and updating its product and service offerings. Users are advised to refer to this notice for the most accurate and updated information, as it supersedes any discrepancies that may exist between this notice and any Futures FAQs. The announcement underscores Binance's commitment to providing precise and reliable information to its users.

The global cryptocurrency market cap now stands at $2.64T, up by 1.45% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $78,202 and $81,324 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $80,658, up by 1.18%. Most major cryptocurrencies by market cap are trading mixed. Market outperformers include DOGS, HIVE, and TON, up by 101%, 37%, and 29%, respectively. Top stories of the day: XRP News: XRP Reclaims $1.40 on Rising Volume, Setting Up Key Technical Test at $1.41–$1.42 Morgan Stanley's Bitcoin ETP Drew $100M Before Advisors Could Even Offer It; Balance Sheet Adoption Still Years Away Bitcoin ETF Inflows Are Real But Incomplete, With $2.47 Billion Still to Recover From Late 2025 Outflows Bitcoin News: Bitcoin's $80,000 Break Wipes Out $301 Million in Short Positions as Bears Get Caught Offside Again Crypto News: April Jobs Data, Fed Speakers, and a Wave of Bitcoin Treasury Earnings Define the Week Bitcoin News Today: Bitcoin Retreats to Below $79,000 After Iran Missile Report Sparks Flash Selloff; US Denies Ship Was Hit Market movers: ETH: $2371.49 (+0.39%) BNB: $626.55 (-0.39%) XRP: $1.4047 (-0.64%) SOL: $84.58 (-0.26%) TRX: $0.34 (+0.21%) DOGE: $0.11115 (-0.32%) WBTC: $80404.21 (+1.16%) U: $1 (-0.01%) XAUT: $4548.48 (-0.60%) ADA: $0.2578 (+2.42%) Top gainers on Binance: DOGS/USDT (+101%) HIVE/USDT (+37%) TON/USDT (+29%)

21 Capital CEO Jack Mallers has likened XXI to a Bitcoin version of Berkshire Hathaway. According to NS3.AI, Mallers emphasized that XXI's strategy involves developing tools, acquiring customers, and leveraging capital markets, rather than solely holding Bitcoin on its balance sheet.

Toncoin (TON) has surged 27% after breaking out of a four-month accumulation zone, climbing above $1.74 on May 5. This price movement follows Telegram's confirmation that it will replace the TON Foundation as the network's largest validator, according to BeInCrypto. The breakout marks the 0.236 Fibonacci retracement of the August 2025 to February 2026 decline, with daily volume showing its largest expansion in seven months. Telegram staked 2.2 million TON to become the largest validator, and a recent protocol upgrade has significantly reduced transaction fees, supporting further price momentum.

A historically high number of companies in Brazil are facing significant challenges as they strive to remain operational. Bloomberg posted on X, highlighting the economic difficulties that have led to an unprecedented number of businesses struggling to keep their doors open. The situation reflects broader economic issues impacting the Brazilian market, including inflationary pressures and fluctuating consumer demand. As companies navigate these turbulent times, many are seeking innovative solutions to sustain their operations and avoid closure. The Brazilian government is also under pressure to implement measures that could alleviate the financial strain on businesses, aiming to stabilize the economy and foster growth. The ongoing challenges underscore the need for strategic planning and resilience among Brazilian enterprises.

Polygon has introduced private stablecoin payments that hide transaction details using zero-knowledge proofs while still applying compliance checks. Users can produce audit files for regulators, targeting institutional use of onchain payments with privacy and oversight.

Tether, the crypto financial giant known for its stablecoins, is extending its reach into the Bitcoin mining field.

The progress of the CLARITY Act legislation has had a direct impact on stablecoin issuers and trading platforms, with Circle's stock price surging nearly 20% intraday and USDC trading activity increasing significantly.

Bitcoin surged past $80,000, hitting a four-month high of $80,529 just hours after Donald Trump unveiled “Project Freedom”—a U.S. naval initiative to escort cargo ships through the strategically critical Strait of Hormuz amid escalating tensions with Iran.

Ben Felix, portfolio manager and chief investment officer at PWL Capital, is an evidence-based investment expert who translates academic financial research into practical decision-making that is understandable to the average person.

U.S. New Mexico has asked a court to label Meta a public nuisance and make it pay $3.7 billion over alleged harm to young users. The state also wants major changes to Facebook and Instagram, while Meta argues the demands are too extreme and could force it to stop operating there.

GameStop has launched a surprise $55.5 billion cash-and-stock bid to acquire eBay in what would be one of the most ambitious takeover attempts in recent memory.

A Barcelona court is investigating Shirtum and six former Sevilla FC players over claims of fake NFTs and a token scheme that caused over €24 million in investor losses. Investors say the NFTs never existed on a blockchain and the $SHI token collapsed after being heavily promoted and sold.