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According to Jinshi News, analyst Eamonn Sheridan pointed out that the minutes from the Federal Reserve's April meeting show a clear change in its stance, emphasizing that the previous wording of responding "flexibly and swiftly" based on economic data has been replaced by new phrasing. Persistently high inflation and the uncertainty of the conflict in Iran may mean that the policy needs to remain on hold for a longer period.The inflation situation faced by Waller is complex, with officials noting that high fuel costs are being passed on to areas such as shipping rates and airfare prices, spreading inflationary pressures. The market expects that if inflation does not decline, the Federal Reserve may raise interest rates again by the end of 2026 or early 2027.

The approval voting rate for the preliminary agreement on wages and collective bargaining for 2026 by the largest union of Samsung Group has sharply increased. As a result, expectations for the approval of the agreement are rising. However, due to the significant bonus gap between the semiconductor sector and the equipment experience sector, as well as between the memory and non-memory sectors, discussions about fairness are expected to continue.According to the union, as of 8:29 AM local time on the 25th (7:29 AM Beijing time), out of 57,291 eligible voters, 49,363 have voted on the approval of the preliminary agreement on wages and collective bargaining, resulting in a voting rate of 86.16%. This vote is the final step in determining whether to accept the preliminary agreement reached by both labor and management regarding wages and collective bargaining. The core of the agreement is to allocate 10.5% of the operating performance of the DS department as a special management performance bonus fund, to be paid in the form of treasury stock.Industry insiders believe that members of the DS department, who account for about 80% of all union members, are likely to push the agreement through. As long as a majority of eligible voters participate and a majority of those who vote are in favor, the vote will be finalized. Voting will end at 10 AM on the 27th.

According to Onchain Lens monitoring, Arthur Hayes (@CryptoHayes) associated wallet (0x827ca7...3D3D55) has again withdrawn 85,714 HYPE from Bybit, worth 5.37 million dollars.

According to The Block, FTX's former major external law firm Fenwick & West has agreed to pay $54 million to settle claims related to its alleged assistance in facilitating Sam Bankman-Fried's fraudulent activities. In addition, the auditing firm Prager Metis has agreed to pay $11.75 million, and former Miami Heat player Udonis Haslem, as a former promoter of FTX, will pay $420,000, bringing the total to approximately $66 million.The above settlement marks the second round of resolutions in the FTX class action lawsuit, with relevant documents submitted to the Miami federal court on Friday. Fenwick denies any wrongdoing and states that it was unaware of FTX's fraudulent activities. Notably, the firm still faces another civil lawsuit for $525 million in Washington, D.C., which is not covered by this settlement.FTX collapsed in November 2022, and Bankman-Fried was sentenced to 25 years in prison for stealing approximately $8 billion in customer funds and is currently appealing. FTX's bankruptcy estate has returned over $5 billion to creditors.

The U.S. spot Bitcoin ETF recorded a net outflow of approximately $1.26 billion this week, marking the largest single-week capital outflow since late January of this year, and has seen net redemptions for six consecutive trading days. Data shows that this type of product saw an outflow of about $649 million just on Monday. Although there was some easing in the following days, the overall trend of continuous outflow remained. Market participants pointed out that the recent rise in U.S. Treasury yields, the strengthening of the dollar, and geopolitical tensions are among the main reasons for the capital withdrawal.At the same time, Ethereum ETFs are also under pressure, experiencing net outflows for 10 consecutive trading days, the longest outflow period since March 2025. The total outflow for the week was approximately $216 million. Among them, BlackRock's iShares Bitcoin Trust (IBIT) currently manages assets of about $61.1 billion, but this is still below the cumulative capital inflow of about $3.7 billion, indicating that recent market price fluctuations have impacted the value of holdings. As of the ETF trading day's close, the Bitcoin price was around $77,500, and Ethereum was about $2,130, maintaining a narrow range of fluctuations overall. Despite the significant short-term capital outflow, the spot Bitcoin ETF has still seen a cumulative net inflow of about $57.1 billion since its launch, with an asset scale of approximately $98.9 billion.

Galaxy Research Director Alex Thorn posted on the X platform, pointing out that this week, spot Bitcoin exchange-traded products (ETPs) continued to experience capital outflows, with a net outflow of $1.2 billion for the week, marking the third worst weekly performance since 2026, reflecting an increase in market risk aversion.Galaxy Research Director Alex Thorn stated on the X platform that spot Bitcoin exchange-traded products experienced continuous capital outflows this week, with a net outflow of $1.2 billion for the week, making it the third worst weekly performance so far in 2026, indicating that market risk aversion is still rising.

According to Bloomberg, the U.S. Court of Appeals ruled that the enforcement lawsuits by Nevada and Washington against the prediction market platforms Kalshi and Polymarket can continue in state court, and rejected the companies' request to pause the related cases during the appeal.The court stated that Kalshi and Polymarket failed to demonstrate that the state court lawsuits would cause irreparable harm, nor did they prove that their claims regarding federal question jurisdiction had a high likelihood of success. This ruling involves the enforcement actions by Nevada against Kalshi and Polymarket, as well as the case against Kalshi by Washington.

According to Caixin, in response to the China Securities Regulatory Commission's investigation into Changqiao Securities and the proposed administrative penalties, Changqiao Securities stated that its licensed entities are regulated by overseas regulatory agencies such as the Hong Kong Securities and Futures Commission.Changqiao emphasized that customer funds are completely separated from the company's operating funds and are stored in independent custody bank accounts as required by regulations; the U.S. stocks and Hong Kong stocks held are respectively custodied by the Depository Trust & Clearing Corporation (DTCC) and Hong Kong Securities Clearing Company Limited (HKSCC), and are protected by the Hong Kong Investor Compensation Fund (ICF). At the same time, the company will strictly implement all rectification requirements and legally and compliantly promote relevant arrangements.

According to Arkham monitoring, Bitwise and 21 Shares HYPE ETF saw an inflow of $16.1 million yesterday. In addition, the Bitwise Hyperliquid ETF (BHYP) currently has approximately $15.45 million staked in HYPE.

According to on-chain monitoring data, in the past two days, Gate's hot wallet has transferred out a total of 372,610.9026 HYPE, which is valued at approximately 20.49 million USD based on the current price.

MY Group announced the completion of a $3 million strategic round investment in the AI-driven decentralized derivatives infrastructure ClawMax, and both parties have officially reached a deep cooperation.It is reported that ClawMax is a platform focusing on core technological directions such as AI market making, intelligent strategy execution, decentralized copy trading, and on-chain risk management. After this round of investment is completed, ClawMax will continue to operate independently, while MY Group will provide support in areas such as ecological traffic, capital resources, and compliance layout.In addition, the official revealed that MY Group has currently initiated a global capitalization process and is simultaneously advancing its Nasdaq IPO listing. In the future, ClawMax will participate as a key technology partner in the subsequent ecological collaborative construction.

According to Bitcoin News, U.S. Congressman Nick Begich has introduced the "U.S. Reserve Modernization Act," which already has 16 original co-sponsors. The bill will establish a strategic Bitcoin reserve, integrate federally held digital assets, and lock them in as long-term reserve assets for at least 20 years.The bill also explores budget-neutral Bitcoin acquisition strategies while protecting the reserves from future government and congressional liquidation efforts. The media commented that the strategic Bitcoin reserve established by Trump through an executive order will be formally enshrined in law by the "U.S. Reserve Modernization Act."

According to TASS, the Russian Ministry of Finance and the Central Bank of Russia plan to finalize the draft law for cryptocurrency market regulation next week and submit it to the State Duma for a second reading.Deputy Minister of Finance Ivan Chebeskov announced this news to reporters during the "Russian Digital Financial System: Digital Currency, Tokenization, and Artificial Intelligence" conference.

According to an official announcement, the South Korean cryptocurrency exchange Bithumb has announced that starting from May 21, 2026, it will immediately restrict all virtual asset deposit and withdrawal transactions related to the overseas payment platform Heleket.The announcement stated that Heleket is suspected of being associated with illegal activities such as money laundering and funding intimidation. Bithumb indicated that this move is to comply with relevant regulations such as the Specific Financial Information Act and the Virtual Asset User Protection Act, and to protect user asset security. Bithumb also reminded users that using unverified overseas services may face risks such as hacking attacks and interruptions in deposits and withdrawals.

According to Onchain Lens monitoring, a newly created wallet withdrew 5,000 ZEC from Binance, worth 3.37 million dollars.

According to on-chain monitoring data, Gate's hot wallet transferred out 141,999.999065 HYPE (approximately $7,963,900).

According to on-chain analyst Ai Yi's monitoring, the largest external holder of HYPE, a16z, is still accumulating. In the past 24 hours, a total of 2.597 million HYPE has been withdrawn from various exchanges, worth 13.29 million dollars, with an average withdrawal price of 51.17 dollars; among them, 73,000 coins were recharged back to the exchange, with an unknown purpose.

According to CoinDesk, bipartisan lawmakers Steven Horsford, Max Miller, Suzan DelBene, and Mike Carey jointly reintroduced the "Digital Asset Protection, Accountability, Regulatory, Innovation, Taxation, and Revenue Act" (also known as the "Equality Act") this Wednesday. The new version of the bill mainly covers the following points: first, it stipulates that regulated payment stablecoins do not generate gains or losses if the cost basis is not less than 99% of the redemption value; second, it establishes a safe harbor for broker-dealer transactions or taxpayer account transactions; third, it clarifies that "wash sale" rules apply to digital assets; fourth, it requires the IRS to assess the current tax burden of small cryptocurrency transactions and to study the feasibility of establishing a tax exemption for transactions under $200 and the potential risks of abuse.The cryptocurrency industry has long advocated for tax exemptions on small transactions to promote the use of cryptocurrencies in everyday payment scenarios. Lawmaker Horsford stated that tax policy is the foundation of the cryptocurrency regulatory framework, and that current tax laws have not clearly addressed many core issues related to digital assets.

According to The Kobeissi Letter, last week, cryptocurrency ETFs saw a total outflow of $1.1 billion, marking the first net outflow in seven weeks and the third-largest single-week outflow in 2026.Among them, Bitcoin ETFs had an outflow of $982 million, while Ethereum ETFs saw an outflow of $249 million. Nevertheless, Bitcoin ETFs have still accumulated a net inflow of $3.9 billion this year.In addition, the total assets under management of cryptocurrency funds decreased by $2 billion to $157 billion. In terms of altcoins, XRP and Solana recorded inflows of $68 million and $55 million, respectively.