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According to Jinshi News, Sarah Hammoud, a foreign exchange strategist at the Commonwealth Bank of Australia, stated that the risk is that U.S. core inflation may be higher than the market consensus due to the spillover effects of energy prices on other prices such as airfare and food. If U.S. core inflation is higher than expected, it will push up U.S. yields and the dollar exchange rate. The market generally expects that the CPI data will reinforce expectations that the Federal Reserve will maintain interest rates unchanged in the short term, and traders have ruled out the possibility of rate cuts this year.

According to Onchain Lens, the on-chain whale address "0xF4E" recharged a total of 5,820 ETH to OKX and Bybit after an interval of about a month, equivalent to approximately 13.3 million dollars at the current price.

ZachXBT posted on platform X, revealing that crypto KOL and former Fortnite professional player Yelo has been charged with money laundering for threat actors through his luxury car rental business in Miami, facing up to 30 years in prison.

On May 9 and 10, the Chainlink network recorded 282,170 and 264,090 unique active LINK addresses, respectively, the highest levels since September 2025. The surge in on-chain activity comes against the backdrop of several institutional-grade DeFi projects announcing their migration of cross-chain infrastructure to Chainlink CCIP. On May 7, Solv Protocol announced the completion of a security review following the April Kelp DAO vulnerability incident and decided to migrate over $700 million in tokenized Bitcoin assets (SolvBTC and xSolvBTC) from LayerZero to Chainlink CCIP.Previously, Kelp DAO had also announced the migration of its rsETH infrastructure to Chainlink CCIP. These initiatives represent a significant shift of institutional-grade DeFi infrastructure from LayerZero to the Chainlink cross-chain ecosystem. Additionally, earlier this month, data showed that whale wallets holding between 100,000 and 10 million LINK increased their holdings by 32.93 million LINK within 30 days.

Trader Eugene posted on his personal channel that SOL is currently showing strong relative strength among mainstream crypto assets, with a more stable trend compared to ETH and HYPE, and is seen as the most likely mainstream token to break out of the three-month consolidation range first. Analysis indicates that if SOL effectively breaks through the key resistance level of $96, the next target range may look towards around $120, with a potential upside of about 25%. At the same time, he also believes that as long as BTC does not fall below $80,000, market risk appetite is expected to remain, and funds can be positioned in advance for the breakout trend.

According to 10x Research analysis, since mid-January, the total gamma exposure of Bitcoin has remained negative, currently reaching -3.2 billion dollars at the strike price of 82,000 dollars. In a negative gamma environment, market makers are forced to trade in the direction of the trend, accelerating buying during price increases and accelerating selling during price decreases, which exacerbates price volatility.As the options expiration on May 29 and June 26 approaches, the negative gamma suppression effect is expected to gradually dissipate, and the downward bias of Bitcoin will subsequently ease. Currently, the market demand for call options is significantly higher than for put options, and institutions expect that market sentiment will shift from bearish to bullish at that time.

According to CryptoQuant analyst Darkfost, Bitcoin's realized market capitalization month-on-month growth rate has turned positive at +0.25%, marking the beginning of capital flowing back into the Bitcoin market.Bitcoin's realized market capitalization measures the difference between profits and losses realized in the market, reflecting the transfer of assets from weak hands to strong hands and an improvement in sentiment. However, Darkfost also cautions that the market's subsequent direction should pay attention to the sustainability of this indicator.

The metal market is experiencing increased volatility, with a divergence in the trends of gold and silver. According to data from the Gate platform, silver (XAG) reached a high of $81.72 in the past 24 hours and is currently reported at $80.90, with a 24-hour increase of approximately 0.37%; gold (XAU) reached a high of $4,733.70 in the past 24 hours and is currently reported at $4,687.53, with prices retreating from their peak.According to CoinGlass data, the performance of metal contract positions on the Gate platform is impressive. Specifically, the 24-hour contract position for silver (XAG) is approximately $68.93 million, ranking among the top globally; the 24-hour contract position for gold (XAU) is approximately $88.82 million, also ranking among the industry leaders. As market volatility expands, funds continue to flow into the precious metals sector, further driving the growth of platform positions.Gate has pioneered the metal contract trading sector, offering 24/7 uninterrupted trading to provide users with greater strategic flexibility and asset management efficiency during volatile market conditions. Gate contracts cover various traditional financial assets, including stocks, metals, foreign exchange, indices, and commodities, supporting trading in core assets such as gold, silver, and globally popular stocks. Gate continues to build a more efficient and professional multi-asset one-stop trading platform for global users.

According to Onchain Lens monitoring, a certain whale has deposited $1.59 million worth of PUMP into Binance after 5 months, and the wallet currently still holds $7.36 million worth of PUMP.

According to on-chain analyst Ai Yi (@ai_9684xtpa), the TRUMP team has transferred $12.09 million worth of tokens (4.915 million TRUMP) to Fireblocks again after a three-month interval.Currently, the address still holds 762 million TRUMP, valued at up to $1.88 billion.

According to The Block, Morgan Stanley Bitcoin Trust (MSBT) has accumulated a net inflow of $193.6 million from its launch on April 8 to May 7, with net assets reaching $239.6 million. In its first month, it recorded net inflows on 17 trading days and remained flat on 5 trading days, with no single day of net outflow.Amy Oldenburg, Head of Digital Asset Strategy at Morgan Stanley, stated that MSBT had a net inflow of $30.6 million on its first day, with a trading volume of approximately $34 million, marking the strongest ETF debut in the bank's history; nearly all the funds came from self-managed clients and have not yet entered the advisory wealth management platform.

According to The Block, Morgan Stanley's Bitcoin ETF (MSBT) did not experience any net outflows in its first month of listing, with a cumulative net inflow of $193.6 million, and as of May 7, its net assets reached $239.6 million.The fund was launched on April 8, with a net inflow of $30.6 million on its first day and a trading volume of approximately $34 million, described by Morgan Stanley's head of digital asset strategy as the bank's most successful ETF debut in history. During the first month of trading, MSBT's daily net inflows gradually decreased from tens of millions to millions but never turned negative, while the overall market for spot Bitcoin ETFs saw a net inflow of $663.9 million on April 17, followed by net outflows of $277.5 million and $145.7 million on May 7 and 8, respectively. MSBT has a management fee of 0.14%, the lowest among U.S. spot Bitcoin ETFs. Almost all of the fund's capital in the first month came from self-directed trading clients and has not yet been sold through Morgan Stanley's wealth management platform.

According to Gate market data, the three major U.S. stock index futures opened slightly lower on Monday.

Michael Saylor stated in an interview that one of the trends he is currently most optimistic about is the integration of BTC with the DeFi ecosystem. He mentioned that yield-bearing tokens based on STRC have recently grown rapidly, with some protocols' TVL even expanding at a rate of $1 million per hour.Saylor indicated that there are currently DeFi protocols utilizing STRC to construct yield-bearing products with returns of 8% to 11%, and further amplifying returns through 3x to 5x leveraged cycles. He expects the yield-bearing token market to develop into a new industry worth billions of dollars in the coming months. Additionally, he revealed that the current Sharpe ratio of STRC has reached 2.5, which he claims is higher than most traditional credit products, stocks, and hedge fund strategies.Saylor stated, "When you have high Sharpe ratio assets, tokenization and leveraging will create a whole new digital financial structure."

According to Jinshi News, Amin Nasser, President and CEO of Saudi Aramco, stated on the 10th that global oil supply has decreased by about 1 billion barrels over the past two months.During a media interview that day, Nasser mentioned that even if energy flows return to normal, the entire system will take some time to return to normalcy. Saudi Aramco indicated that the East-West pipeline is an important supply artery that helps alleviate global energy shocks and provides certain assurances to customers affected by shipping restrictions in the Strait of Hormuz.

According to CoinDesk, the floor price of Bored Ape (BAYC) NFTs has risen from about 5 ETH to over 10 ETH in the past month, while ApeCoin (APE) has also rebounded from below $0.1 to about $0.16 during the same period, with trading volume significantly increasing.At the same time, frequent security vulnerabilities in the DeFi sector and a continuous decline in yields have prompted some funds to shift towards the NFT market. The trend of NFT financialization is also heating up, with a recent $2.8 million loan transaction collateralized by a CryptoPunk attracting widespread attention, with the lender expected to earn about $138,000 in interest within 90 days. Blue-chip collections like Pudgy Penguins have also strengthened, further boosting market sentiment regarding the potential token issuance by OpenSea.

Matthew Sigel, the head of digital asset research at VanEck, stated in an interview with CNBC that he expects Bitcoin to reach its historical high again within the next 12 months. He pointed out that the current correlation between BTC and the Nasdaq is close to a five-year high, and the resilience of the U.S. stock market has driven this round of rebound. However, the derivatives market still lacks significant optimism, with the futures and options markets reflecting more short covering and hedging demand. Therefore, from a contrarian perspective, there may still be room for the market to continue.Matthew Sigel also mentioned that this year, a central bank has announced it will include Bitcoin in its foreign exchange reserves, which means BTC is gradually turning into a global asset used for large cross-border transaction settlements. He believes this is a major trend. In terms of investment direction, he is more optimistic about the increase in Bitcoin's market share and Bitcoin mining companies benefiting from the trend of AI integration. He stated that mining companies are becoming important beneficiaries of AI infrastructure, and as AI business grows, the pressure on mining companies to sell BTC for fundraising is decreasing. Additionally, Matthew Sigel believes that if the CLARITY Act is passed, it could reignite sentiment in the altcoin market, but currently, institutional investors remain cautious about most altcoins due to regulatory and investor protection issues.

Santiment stated on the X platform that Tether (Ethereum-based) experienced the largest outflow of funds from exchanges in nearly three months, with a net outflow of $1.29 billion (USDT) on Friday. Such a large-scale USDT outflow typically reflects institutional or whale-level participants moving funds to self-custody wallets, DeFi protocols, or over-the-counter trading platforms in preparation for larger operational plans. This is merely a reallocation of funds, not a complete exit from the ecosystem.Santiment suggests closely monitoring what typically happens after these peaks in outflows. Previously, on February 9, when outflows reached $3.72 billion, Bitcoin experienced a slight pullback in the following two weeks (before an ideal buying opportunity on February 24). Whether the current funds will flow back into exchanges in the form of buying in the short term is a key variable to watch closely. If USDT starts to flow back into exchanges in the coming days, it indicates that a wave of investment in crypto assets is imminent.