Headlines

Strategy CEO: Will Only Sell Bitcoin in Specific Circumstances Such as Dividend Payments or Tax Optimization

Strategy CEO Phong Le stated that the company will only sell Bitcoin under specific circumstances, including paying the 11.5% dividend on STRC preferred shares and tax optimization arrangements, and only if such actions generate value for common shareholders. As of now, Strategy holds 818,334 BTC, valued at over $66 billion. (Cointelegraph)

Goldman Sachs Survey: Investors Expect Strait of Hormuz Shipping Disruptions to Persist Through Second Half

A Goldman Sachs survey reveals investors generally expect continued disruptions in shipping through the Strait of Hormuz into the second half, following ongoing sporadic clashes between Iranian and U.S. naval vessels near the strait. (Jinshi)

Trump: Iran’s Response Is Completely Unacceptable

Trump posted on social media stating he has reviewed Iran’s response, calling it "completely unacceptable."

Industry News

Qatar LNG Carrier Passes Through Strait of Hormuz After ~70 Days

Shipping tracking data shows a Qatar liquefied natural gas carrier successfully passed through the Strait of Hormuz into the Gulf of Oman—marking the first Qatari LNG vessel to transit the strait since approximately 70 days after U.S.-Israel military operations against Iran began. The vessel utilized a newly activated maritime route by Iran and temporarily ceased transmitting location signals during passage. (Xinhua)

Iranian Military: Countries Sanctioning Iran Will Face 'Difficulties' When Passing Through Strait of Hormuz

An Iranian military spokesperson stated that countries following the U.S. in imposing sanctions on Iran will face difficulties when passing through the Strait of Hormuz. He claimed Iran's armed forces have "successfully taken control of the battlefield" and can continue military operations, dismissing claims of an "Iran blockade" as mere propaganda. (Xinhua)

CFTC and SEC Strengthen Collaboration on Prediction Market Regulation, Potential Expansion of Enforcement Scope

According to a FOX report, the CFTC and SEC are intensifying coordination on the regulatory boundaries of prediction markets and maintaining aligned positions in recent investigations into abnormal trading linked to the Iran conflict. When prediction contracts may legally be classified as "securities," the SEC will also deeply intervene. Regulators may launch additional enforcement actions targeting prediction markets in the future.

Intel Surges 15%, Shares Hit New All-Time High

Apple and Intel have reached a preliminary agreement for Intel to produce certain chips for Apple devices. Last year, the Trump administration converted nearly $9 billion in federal funding into Intel equity, resulting in a 10% stake. This move facilitated Apple’s involvement in negotiations. With Apple now onboard, Intel has established partnerships with Apple, Tesla, and NVIDIA. (Jinshi)

Analyst: Bitcoin Rally Not Confirming Bull Run Initiation; On-Chain Structure Still Lacks Bottom Signals

Cryptocurrency analyst Axel Adler Jr. stated that although Bitcoin rebounded from around $125,000 down to $60,000, the current movement remains a "post-downturn recovery" and has not yet confirmed the start of a new bull market. Multiple on-chain indicators have not entered historical bear market bottoms, while macro factors show Brent crude nearing $100, U.S. Treasury yields remaining elevated, and Federal Reserve rate cut expectations shifting toward "higher-for-longer" rates—overall financial conditions remain tight.

Project News

Trump Media Group Reports Q1 Net Loss of $406 Million, Crypto Unrealized Losses Dragging Performance

Trump Media & Technology Group (TMTG) released its Q1 financial results, reporting a net loss of $405.9 million, with revenue totaling just $871,200. The widening loss was primarily driven by unrealized losses on crypto assets. The company currently holds 9,542 BTC (valued at approximately $767 million) and 756.1 million CRO tokens, along with covered call options hedging volatility risk tied to 4,000 BTC.

BAYC Rebound Spurs NFT Revival, Bored Ape Floor Price Doubles in Month Sparks Market Recovery Hopes

The "Bored Ape" BAYC floor price rose from around 5 ETH to 10 ETH over the past month, while ApeCoin trading volume significantly increased. Yuga Labs’ new CEO stated that blue-chip NFTs were previously "over-sold" and the current rally represents valuation correction, noting that the actual number of genuine NFT holders has not doubled in tandem. (CoinDesk)

BSC Ecosystem Meme Coins Surge, Binance Life Market Cap Exceeds $460 Million

According to GMGN data, meme coins across the BSC ecosystem saw broad gains: "Binance Life" market cap reached $465 million with a 22.78% increase over 24 hours; "I’m Here" market cap stood at $11.7 million, up 13.8%; "4" market cap hit $14.04 million, rising 13.01%. Odaily warns users that meme coin prices are highly volatile—exercise caution when participating.

Funding & Investment

Canton Network Developer Seeks $300 Million Raise, Valuation ~$2 Billion

Digital Asset, the developer behind Canton Network, is raising approximately $300 million at a valuation of around $2 billion, led by a16z crypto, with completion expected within weeks—marking the company’s largest funding round to date. Canton Network has already attracted institutional participation from Visa, Goldman Sachs, and DTCC, positioning itself as a privacy-configurable public blockchain tailored for institutions, having processed or issued over $60 trillion in tokenized assets.

Balcony Completes $12.7 Million Seed Round, Led by Blockchange Ventures

Blockchain-based RWA infrastructure Balcony has closed a $12.7 million seed round led by Blockchange Ventures. Proceeds will be used to deploy a real estate on-chain trading and asset settlement platform in the U.S. market, consolidating fragmented property records into tamper-proof digital registries.

Multi Investment Raises CHF 480 Million, Will Increase Focus on Blockchain and Web3 Investments

Swiss investment firm Multi Investment completed a CHF 480 million (approx. $616 million) fundraising round, with managed assets now exceeding CHF 3 billion. The firm will focus on high-growth sectors including fintech, deep tech, blockchain, and Web3, planning to significantly ramp up investments in these areas before Q3 2026.

Enterprise-Native AI Platform Pit Secures $16 Million Funding, Led by a16z

Enterprise-native AI platform Pit raised $16 million in funding, led by a16z, with participation from Lakestar and executives from OpenAI, Anthropic, Google, Deel, and Revolut. Pit positions itself as "AI product team as a service," aiming to replace traditional spreadsheets and rigid SaaS systems.

Voices

CZ: Faced Opposition from U.S. Competitors During Pardon Request

In the Crypto Banter podcast, CZ revealed that during his pardon request process, he encountered strong opposition lobbying from some U.S. cryptocurrency CEX competitors, stating, "Other U.S. crypto CEXs don’t want me to get pardoned," and noted these competitors had exerted pressure through U.S. regulatory channels.

Federal Reserve Goolsbee: Fed Should Always Consider All Options

Federal Reserve’s Goolsbee stated that the Fed should always consider all policy options. Inflation performance has been poor and trending unfavorably, with services inflation being the most concerning element—the pressure isn't solely energy-driven. He also emphasized there is currently no substantial evidence indicating a deterioration in the labor market, with employment reports appearing "quite stable." (Jinshi)