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According to BBX data, institutional demand for Bitcoin ETFs maintained strong momentum yesterday. Today, both houses of Congress are advancing cryptocurrency legislation simultaneously for the first time, with the core dynamics as follows:The U.S. Bitcoin spot ETF recorded a total net inflow of approximately $358.1 million yesterday (May 13), with BlackRock, Inc. (NYSE: $BLK) subsidiary iShares Bitcoin Trust (NASDAQ: $IBIT) seeing a single-day net inflow of $269.3 million, the strongest single-day data in recent weeks; the overall U.S. Bitcoin spot ETF has recorded net positive inflows for seven consecutive weeks, further reinforcing the structural signal of institutional capital returning. Bitcoin closed above $80,000 yesterday, with a year-to-date increase of about 14%, and market sentiment remains relatively optimistic on the eve of the CLARITY Act markup.The House Ways & Means Committee held a closed-door meeting today (May 14) on cryptocurrency tax reform in sync with the Senate Banking Committee's CLARITY Act markup, covering topics such as the treatment of capital gains tax on crypto assets, tax reporting responsibilities for DeFi protocols, and the tax classification of Bitcoin mining and staking income; this marks the first time in 2026 that both houses of Congress are advancing cryptocurrency regulatory legislation on the same day, indicating that cryptocurrency regulatory legislation has expanded from a single market structure issue to a complete legislative ecosystem of "regulatory framework + tax system."

According to a notice from Transit Finance, a security incident recently occurred in the project due to historical vulnerabilities in an old version of the smart contract deployed on TRON, which was deprecated in 2022, affecting a small number of users after being exploited.The team stated that after discovering the issue, they urgently completed investigation, isolation, and repair, and on May 12, further auditing and rectification were carried out. The currently used contract version has not been affected, has been running safely for over four years, and continues to undergo security audits and monitoring.Transit stated that affected users will receive full compensation, and specific plans will be announced through official channels. They also reminded users to be wary of counterfeit official messages and not to disclose private keys or mnemonic phrases.

The Binance contract platform will launch the LITEUSDT perpetual contract on May 15 at 21:30, the ORCLUSDT perpetual contract at 21:35, the DISUSDT perpetual contract at 21:40, the UBERUSDT perpetual contract at 21:45, the CSCOUSDT perpetual contract at 21:50, and the HDUSDT perpetual contract at 21:55, with a maximum leverage of up to 10 times.

The Gate market shows that the gold contract underlyings XAU and PAXG have both fallen below the 4700 USD mark, currently reported at 4698.9 USD and 4694.5 USD respectively. The 24h price changes are -0.59% and -0.45%.Against the backdrop of short-term volatility, Gate continues to be active in contract trading. According to Coinglass data, the 24h trading volume for Gate XAU contracts reached 203 million USD, with a price increase of 10.86%, and an open interest of 114 million USD; the 24h trading volume for Gate PAXG contracts was approximately 3.4214 million USD, with an open interest of about 11.0763 million USD.Gate has pioneered the metal contract trading sector, providing 24/7 uninterrupted trading, offering users greater strategic flexibility and asset management efficiency in volatile markets. Gate contracts cover various traditional financial assets including stocks, metals, foreign exchange, indices, and commodities, supporting trading of core underlyings 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 on-chain analyst Onchain Lens (@OnchainLens), the whale Loracle.hl (@loraclexyz) has opened a 20x short position of 156 BTC, with a position value of approximately $12.66 million.The 10x position in SNDK opened 2 days ago is currently up over $648,000, and the 5x short position in HYPE is currently profitable by over $2.3 million. The overall cumulative profit of this address has exceeded $41 million.

According to Onchain Lens monitoring, the whale Loracle.hl (@loraclexyz) has opened a 20x short position of 156 BTC, worth 12.66 million USD. The 10x SNDK short position opened 2 days ago is currently up over 648,000 USD, and the 5x HYPE short position is up over 2.3 million USD. The total unrealized profit currently exceeds 41 million USD.

The cryptocurrency trading platform SuperEx announced that it will launch RKLBUSDT, MRVLUSDT, and WDCUSDT U-based perpetual contract trading pairs today at 11:00 Beijing time (03:00 UTC).It is reported that the newly launched contract trading pairs support full position, isolated position, and split position modes, and users can experience trading through SuperEx's web and app platforms.

International oil prices continue to fluctuate at high levels, and market trading enthusiasm continues to rise. According to data from the Gate platform, WTI crude oil (XTIUSDT) reached a maximum of $99.69 in 24 hours, currently reported at $98.33, with a 24-hour increase of about 1.64%; Brent crude oil (XBRUSDT) reached a maximum of $105.58 in 24 hours, currently reported at $103.89, with a 24-hour increase of about 1.18%. Against the backdrop of high oil price fluctuations, the trading demand in the crude oil derivatives market has further been released.According to CoinGlass data, the 24-hour contract transaction volume of WTI crude oil (XTI) on the Gate platform reached $4.1903 million; the 24-hour contract transaction volume of Brent crude oil (XBR) reached $11.1608 million, both firmly ranking first in the industry. With continuous capital inflow, Gate's liquidity advantage and market influence in the commodity contract sector have further increased.Gate contracts pioneered the commodity contract sector, covering XBRUSDT (Brent crude oil), XTIUSDT (WTI crude oil), BZ (Brent crude oil), CL (WTI crude oil), and NG (natural gas) perpetual contract trading, providing 24/7 trading, USDT settlement, and up to 100 times leverage, assisting users in cross-market asset allocation and strategy layout in volatile markets.

According to Coinglass data, the total contract open interest for ETH has increased by 5.43% in the past 24 hours, with the current total open interest at 34.543 billion USD. Among them, Binance's open interest is 7.237 billion USD, OKX's open interest is 2.193 billion USD, Bybit's open interest is 2.12 billion USD, and Gate's open interest is 4.797 billion USD.

According to CoinDesk, the three blockchains focused on stablecoins and tokenization, Arc, Canton, and Tempo, have collectively raised over $1 billion, reflecting an increasing demand from institutions for privacy-focused crypto infrastructure. Bitwise Chief Investment Officer Matt Hougan stated that as cryptocurrencies further enter mainstream finance, privacy features may become a key application scenario for the industry.Specifically, Circle recently raised $222 million for Arc, with a valuation of $3 billion; Digital Asset is reportedly raising $300 million for Canton, with a valuation of $2 billion; and Tempo, supported by Stripe and Paradigm, previously raised $500 million, with a valuation of $5 billion. Hougan also mentioned that the advancement of stablecoin legislation in the U.S. is providing a clearer regulatory environment for institutional investment in related infrastructure.

Binance's Chief Marketing Officer Rachel Conlan announced that she will be leaving next month, concluding her three-year brand-building work, with her last working day on June 15. After her departure, she will assist in the transition as an advisor. Binance stated that former Trust Wallet CEO Eowyn Chen will serve as the interim CMO, responsible for market and brand management during the transition period.

According to on-chain analyst Ai Yi (@ai_9684xtpa), three addresses associated with the WLFI team have transferred a total of 833 million WLFI (worth approximately 55.57 million USD) to the Unlock Contract in batches over the past 24 hours. The funds originated from the WLFI multi-signature and strategic reserve addresses. Currently, the receiving address has accumulated a total of 1.782 billion WLFI, with a total value of up to 1.19 billion USD.

AI character economy platform Charms Interactive announced the completion of a $1.5 million seed pre-financing, with participation from Lattice, JME, Coinbase Ventures (Base Ecosystem Fund), Gidorah (Echo), among others. Charms also launched the product Charms.ai, attempting to upgrade "AI characters" from application functions to tradable, ownable, and sustainably operating on-chain economic assets.

Bitget released its transparency report for April 2026, detailing its latest progress in core businesses such as tokenized stocks, AI trading infrastructure, and IPO Prime. Data shows that during April, Bitget's daily trading volume remained stable at over $10 billion; according to DefiLlama statistics, its net inflow for the month reached $359.37 million, ranking second among centralized exchanges. Additionally, Bitget ranked second globally in the market share of stock perpetual contracts in the first quarter.In terms of product ecosystem, the adoption rate of AI trading tools such as GetAgent, GetClaw, Agent Hub, and Gracy AI continues to rise, empowering users with an intelligent trading experience based on the UEX system. In terms of innovative products, Bitget launched the US stock IPO purchasing service IPO Prime, extending UEX's product boundaries to the primary market. According to rwa.xyz data, its first project ranked third globally in tokenized private equity and VC assets.

According to the official announcement, the Gate TradFi stock section has launched 9 contract-for-difference trading pairs: GEV (GE Vernova), KLAC (KLA), SOXL (3x Long Semiconductor ETF), SMH (Semiconductor Index ETF), SOXX (Semiconductor ETF), HYG (Bond Index ETF), SQQQ (3x Short NASDAQ ETF), SOXS (3x Short Semiconductor ETF), GDX (Gold Mining ETF), supporting 4x fixed leverage.In addition, the Gate TradFi stock section will launch the third phase of the new coin airdrop from May 12 at 16:00 to May 22 at 16:00 (UTC+8). During the event, users who sign up will receive 30 USDT and can participate in trading the newly listed assets to share a prize pool of 100,000 USDT, with a maximum individual reward of 3,130 USDT.

Slow Fog issued a security warning stating that Aurellion was attacked, resulting in a loss of approximately 455,003 USDC (about $455,000).Analysis pointed out that the root of the vulnerability lies in the lack of effective protection in the initialize(address) function of the SafeOwnable Facet. Since the Diamond contract did not go through the initialize path when setting the owner, the _initialized version slot was not updated correctly, allowing the attacker to reinitialize the contract and override owner permissions.Subsequently, the attacker called diamondCut to inject a malicious Facet and transferred the USDC assets of authorized users through the malicious pullERC20 function, ultimately completing the theft of funds.

Wintermute released a weekly market summary stating that the U.S. stock market continued its strong performance, recording a sixth consecutive week of gains, with the Nasdaq index rising 4.5% and the S&P 500 index rising 2.3%, both reaching all-time highs, while small-cap stocks and tech giants strengthened simultaneously. Non-farm payroll data exceeded expectations, with the unemployment rate stable at 4.3%, showcasing a resilient labor market. Despite the turmoil in the Strait of Hormuz, the market viewed it as noise, and the war premium has significantly receded. Iran-U.S. negotiations have returned to square one, with Iran's demands for sovereignty, compensation, and sanctions relief being directly rejected by Trump. This week's CPI data will test the transmission of energy prices to inflation, and with Powell's term ending and Waller taking over, the Fed's June FOMC dot plot will be closely watched.In terms of crypto assets, Bitcoin broke through the $80,000 mark, reaching a peak of around $83,000, marking its first time above the 200-day moving average (for the first time in seven months), but this rise was clearly driven by leverage: open interest surged by $10 billion in one month, while spot trading volume hit a two-year low, indicating a typical short squeeze rather than a healthy breakout. Institutional funding remains supportive, with ETF net inflows of $623 million and trading platform reserves hitting a seven-year low, but short-term risks are high—RSI has entered the overbought zone, and if the squeeze ends without spot trading picking up, Bitcoin's price could quickly retreat.Altcoins have shifted towards personalized narratives, with tokenization and AI computing sectors performing prominently. Overall, in the crypto market, this round of rebound needs to be quickly validated as a true bull market starting point: currently driven mainly by the stock market and leverage resonance, if CPI rises or the Fed's leadership change brings uncertainty, whether Bitcoin can independently hold above $80,000 will become a key confirmation signal.

According to the official announcement, Bitget's stock contracts are now online for DRAM (Roundhill Memory ETF), AXTI (AXT Inc), LWLG (Lightwave Logic), KOPN (Kopin Corporation), NIO (NIO), and USAR (USA Rare Earth), covering popular sectors such as storage, optical communication, and rare earth resources. The above contracts support a maximum leverage of 20 times; for more details, please refer to the Bitget official platform.

According to CoinDesk, billionaire hedge fund manager Ray Dalio stated that Bitcoin's lack of privacy protection, with transactions being monitorable and potentially controllable, is a primary reason why central banks are reluctant to hold Bitcoin. Dalio mentioned that about 1% of his portfolio is allocated to Bitcoin, but he believes that the transparent ledger characteristic of Bitcoin makes it difficult to serve as a reserve asset.Dalio also pointed out that Bitcoin has a 90-day correlation coefficient of 0.89 with the Nasdaq index, and about 79% of its price fluctuations can be explained by the performance of tech stocks, which undermines its function as an independent store of value. Furthermore, the market size of Bitcoin is still relatively small compared to gold and is more susceptible to influence; Dalio believes that gold still plays a more central role in the global system.