May 4 Monday
Tokenomist reports that one-off token unlocks over $5 million include HYPE, ENA, SXT, RED, and OPN. Linear unlocks over $1 million daily include RAIN, SOL, CC, TRUMP, WLD, and TAO, totaling over $229 million.
According to GMGN, Solana-based meme coin TROLL's market cap surged to $55.07 million, with a 24-hour increase of 94.97% and trading volume of $11.1 million. ChainCatcher reminds investors that meme coins are highly volatile and lack intrinsic value.
Michael Saylor stated the company will resume purchases next week. The pause comes as analysts focus on losses and the complexity of Strategy's preferred-stock funding.
Bitcoin spot ETFs recorded a net inflow of $154 million last week, marking the fifth consecutive week of positive flows. BlackRock's IBIT led with $136 million, while Grayscale's GBTC saw a net outflow of $73.7 million.
Veteran trader Peter Brandt forecasts Bitcoin reaching $250,000 by 2029. He expects the market to complete a bottoming process lasting into September 2026 before the rally.
Dogecoin rose 4% to lead gains among major cryptocurrencies as bitcoin also moved higher. A sharp volume spike drove a breakout through resistance, with the price now testing whether that level can flip to support.
Bitcoin price reached $80,000 again after a three-month gap. This marks a significant recovery for the cryptocurrency.
The UI Community is collaborating with BNB Chain to resolve opBNB node issues that affect POB claims. A new version of UI Chat is undergoing its final Certik audit.
The blockchain game's latest chapter is now live, inviting players to explore the award-winning title. Chapter 14 introduces new content and features for players.
Bitcoin rose above $80,000 driven by strong ETF inflows and rising leverage. However, CryptoQuant data indicates weak spot demand, and Polymarket odds show only a 23% chance of reaching $90,000 this month.
Bitcoin surpassed $80,000, reaching a three-month high and reclaiming key technical and on-chain levels. Nic Puckrin, CEO of Coin Bureau, noted that if Bitcoin stabilizes, the next focus is the ETF average cost range around $83,000 and the upper CME gap near $84,500.
Bitcoin rose above $80,000, up 2.6% in 24 hours, driving gains in ETH and XRP. Analysts cite a break of key resistance and a technical short squeeze, with US spot Bitcoin ETFs seeing net inflows for a fifth consecutive week.
According to Coinglass, if Bitcoin falls below $76,352, the cumulative long liquidation intensity on major centralized exchanges could reach $1.6 billion. Conversely, if Bitcoin breaks above $83,662, the cumulative short liquidation intensity would be $856 million.
Hyperliquid launched its event contract market yesterday, with the first market being a daily settlement BTC price performance market. Data from Predictefy shows that within the same timeframe, BTC-related event contract trading volume on Hyperliquid has exceeded that of Kalshi, Polymarket, and all other prediction markets.
According to Web3 asset data platform RootData, Allora (ALLO) will unlock approximately 17.25 million tokens at 00:00 Beijing time on May 11. The unlocked tokens are valued at around $2.14 million.
According to GMGN data, FOFAR leads the hot sector tokens with a 24-hour trading volume of $1.84 million and 117,435 transactions, despite a 71.5% price drop. Other top tokens include TEMPO with $2.96 million volume and MAGA with $690,000 volume.
THETA token price jumped 10% amid increased whale activity, indicating strong accumulation by large holders. Analysts attribute the rally to growing confidence in the Theta Network's decentralized video streaming technology.
BlackRock's iShares Bitcoin ETP (IB1T) listed on Euronext Paris, Euronext Amsterdam, and Xetra has surpassed $1.1 billion in assets under management. The product launched in March 2025 holds approximately 14,200 BTC.
Data from Coinglass shows BTC futures open interest increased 5.09% in the past 24 hours to $60.31 billion. Binance holds $11.17 billion, OKX $3.38 billion, Bybit $5.00 billion, and Gate $5.65 billion.
Whale address 'pension-usdt.eth' holds 3x leveraged long positions on Bitcoin and Ethereum. Onchain Lens reports unrealized losses exceeding $16 million despite a market rebound.
Morgan Stanley's head of digital asset strategy, Amy Oldenburg, stated at the Bitcoin Conference that Bitcoin could eventually enter U.S. bank balance sheets, but the process may take longer due to regulatory hurdles. She noted that Morgan Stanley currently advises clients to allocate 2%-4% to Bitcoin, though adoption among financial advisers remains slow due to education gaps.
Hyperliquid platform whales hold $3.978 billion in positions, with long positions at $1.996 billion (50.16%) and short positions at $1.983 billion (49.84%). A whale address 0xa5b0..41 opened a 15x long position on ETH at $2,265.48, with unrealized profit of $3.5045 million.
A whale holding long positions on 80,000 ETH has an unrealized profit of $5.89 million. The whale's two addresses hold $186 million in ETH long positions with an average entry price of $2,265, and has never reduced positions.
On-chain detective ZachXBT stated that PolyArb is a fake prediction market product with a wallet drainer on its website. This followed PolyArb's claim on X that its Hyperliquid HIP-4 result market reached $6.15 million in daily BTC volume within 48 hours, which was questioned by user growth lead William LeGate.
Binance will update its fiat market maker plan effective May 4, 2026, adding the KZT market tier. Maker fee rebates will be distributed weekly based on trading performance starting May 12, 2026.
Michael Saylor, Founder and Executive Chairman of Strategy, stated at Bitcoin 2026 Las Vegas that the global $3.5 trillion private credit market faces liquidity constraints, and a small capital inflow could trigger explosive growth in digital credit. He noted that the crypto sector has entered an accelerated development stage with abundant innovations, potentially leading to a Bitcoin supply shortage and price increase.
GameStop CEO Ryan Cohen stated that the company holds about 5% of eBay shares and proposed a cash-and-stock acquisition at $125 per share, a 20% premium over eBay's last Friday closing price.
Data from Coinglass shows total liquidations of $159 million in the past 24 hours, with long positions at $61.79 million and short positions at $96.97 million. Bitcoin long liquidations were $7.94 million, short liquidations $30.6 million; Ethereum long liquidations were $12.49 million, short liquidations $22.41 million.
According to GMGN data, the ETH chain ecosystem token Sato briefly surpassed a market cap of $9 million, currently around $9.4 million, with a daily increase of over 700%. The token has a total supply of 21 million, minted and burned via Uniswap v4 curve mechanism, with cumulative buy-in nearing 1000 ETH.
The Bisq protocol was exploited due to a missing verification mechanism, resulting in the theft of approximately 11 BTC, primarily involving altcoin trades. The attacker exploited a negative miner fee vulnerability to transfer funds via multi-signature transactions. Compensation options include Bitcoin or BSQ tokens, subject to DAO voting after the May 25 cycle.
Morgan Stanley's digital asset strategy head Amy Oldenburg stated at the Bitcoin Conference that US banks may eventually hold bitcoin on their balance sheets, but timing remains uncertain due to Fed guidance, Basel rules, and global regulations. Meanwhile, the bank's first bitcoin ETP, MSBT, attracted over $100 million in its first six days, all from self-directed channels, and the bank is applying for an OCC digital trust charter to support direct crypto custody and spot trading.
Aptos Labs has launched Confidential APT on mainnet, enabling encrypted balances and opt-in privacy for users. The feature allows users to choose privacy for their transactions.
A newly created wallet deposited $1 million USDC into HyperLiquid and opened a 10x leveraged long position on $CL. The move was detected by on-chain monitoring platform OnchainLens.
BingX has introduced $SLINK, an institutional-grade real-world asset token on the Solana blockchain. The token aims to improve accessibility to real-world asset exposure for investors.
Sonic Labs has allocated $1 million to repurchase $S tokens on the Binance exchange. The tokens will be deployed in batches for user onboarding activities in partnership with Binance.
According to Coinglass data, if Bitcoin falls below $74,944, the cumulative long liquidation intensity on major centralized exchanges could reach $1.119 billion. Conversely, if Bitcoin breaks above $82,168, the cumulative short liquidation intensity could reach $928 million.
In an interview with Cointelegraph on April 30, 2026, Bitcoin OG Adam Back addressed concerns over rapid sovereign accumulation and nation-state endorsement contradicting Bitcoin's original ethos. He stated that it is actually a sign of success, comparing it to technologies like the internet and encryption that naturally progress toward adoption by higher-tier actors, including governments.
Morgan Stanley launched the first bank-issued Bitcoin ETP, but Amy Oldenburg noted that advisors, regulators, and balance sheets still have progress to make. She believes Bitcoin on U.S. bank balance sheets is coming, just not yet.
A dormant whale address reactivated after 2 years and deposited 141.26 BTC, valued at $11.16 million, into the Kraken exchange. The transaction was detected by on-chain monitoring systems.
Coinbase announced the launch of self-managed super fund (SMSF) support in Australia, allowing trustees to invest in digital assets like Bitcoin. The service leverages Coinbase's Australian Financial Services License and local expertise, targeting over 653,000 SMSFs managing 1.05 trillion AUD in assets.
Data from Coinglass shows Bitcoin's 8-hour average funding rate is -0.0019%. Among major exchanges, Binance has 0.0043%, OKX 0.0013%, Bybit 0.0069%, and Gate -0.0023%.
Algorand (ALGO) surged 10% in the past 24 hours, recovering from recent losses. However, on-chain data indicates rising profit-taking activity that could cap further gains.
US stock index futures opened slightly higher on Monday. Dow futures rose 0.2%, according to Gate exchange data.
BNB Chain will host BNB Miami in 3 days, featuring demos, panels, and networking for builders and investors.
A Chinese company secretly recorded employee workflows to create AI skill files. The firm then used these files to justify layoffs, replacing human workers with AI.
The DAO contract testing for DIAMONDE is nearing completion. Full community governance will be launched after an upcoming conference.
Data from Coinglass shows $158 million in total liquidations across the crypto market in the past 24 hours, with short positions accounting for $104 million and longs $53.78 million. Bitcoin short liquidations reached $30.47 million, while Ethereum shorts totaled $30.47 million, and a single largest liquidation order of $2.34 million occurred on Binance for ETHUSDT.
According to Coinglass, if Bitcoin surpasses $82,218, cumulative short liquidations on major CEXs could reach $1.013 billion. Conversely, a drop below $74,928 may trigger $1.01 billion in long liquidations.
Orderly Network has initiated a global hiring campaign targeting builders of perpetual decentralized exchanges. Boosted distributors can earn $3,000 to $20,000 or more monthly by referring builders, with no earnings cap.
SERE has launched the first Christian culture ecosystem on blockchain, with its token backed by a 400-year-old artifact certified by NGC and powered by KDCA. The initiative aims to bring heritage on-chain.
Bitcoin erased earlier weekly losses to approach $79,000. The cryptocurrency is poised for its highest weekly candle close since late January.
NYDFS-approved stablecoin RLUSD, backed 1:1 by USD, has surpassed $1 billion in supply within its first year. It is now live on OKX's Unified Order Book with over 280 spot trading pairs.
The Tenset community has voted to hold a Reel Finance event on May 5 at 11 AM EST. The event details were decided through community governance.
COCA 3.0 offers approximately 5% APY with no lock-up periods, merging the simplicity of traditional banking with decentralized finance yields. The platform aims to provide users with easy access to high yields without the complexity of typical DeFi protocols.
Data from Coinglass shows total liquidations of $166 million across the crypto market in the past 24 hours, with long positions accounting for $60.27 million and short positions $105 million. Bitcoin long liquidations were $5.99 million, while short liquidations reached $30.78 million; Ethereum long liquidations were $7.37 million, short liquidations $28.02 million.
According to Coinglass, Bitcoin's current 8-hour average funding rate across all exchanges is -0.0018%. Among major exchanges, Binance has a rate of 0.0007%, OKX 0.0025%, Bybit 0.0062%, and Gate -0.0042%.
Robert Dunlap was sentenced to 23 years in prison for defrauding about 1,000 investors of over $20 million through the Meta-1 Coin scheme from 2018 to 2023. He falsely claimed the coin was backed by $44 billion in gold reserves and art by Picasso, promising returns of up to 224,923%, while using fake audit documents and a fabricated exchange to deceive investors.
Nominis analysis suggests that recently seized 'Iran-linked' crypto wallets by OFAC do not match the typical on-chain behavior of Iran's Islamic Revolutionary Guard Corps (IRGC), potentially involving other state actors. Nominis CEO Snir Levi noted that IRGC wallets historically diversify funds, maintain low balances, and avoid long-term holdings, while the seized wallets show distinct patterns, raising questions about the actual ownership of the $340 million in frozen assets.
A CoinDesk-commissioned poll of 1,000 registered US voters found that only 1% consider cryptocurrency the most important issue for the 2026 midterm elections. Cost of living (36%), jobs and economy (13%), and Social Security and Medicare (11%) top the list of concerns.
BUILDon token rose 21% amid a spike in funding rates, indicating heightened speculative interest. However, analysts warn that a potential correction in funding rates could trigger a sell-off.
Figure Technology Solutions CEO Mike Cagney stated the company aims to use blockchain to restructure traditional credit market infrastructure, integrating RWA, securitization, and DeFi. Figure's loan origination surpassed $1 billion in March, with a Q1 total of $2.9 billion, targeting $12 billion annualized.
According to Coinglass, if Bitcoin falls below $74,931, cumulative long liquidation intensity on major centralized exchanges could reach $972 million. Conversely, if Bitcoin breaks above $82,221, cumulative short liquidation intensity could also reach $972 million.
A CoinDesk survey of 1,000 registered voters found that cryptocurrencies are at the bottom of U.S. voters' priorities heading into elections. The survey also indicated a generally unfavorable view of cryptocurrencies among Americans.
According to Coinglass, total liquidations across the crypto market reached $182 million in the past 24 hours, with long positions liquidated at $60.83 million and short positions at $121 million. Bitcoin long liquidations were $6.05 million and short liquidations $33.36 million; Ethereum long liquidations were $7.10 million and short liquidations $28.61 million. A total of 132,541 traders were liquidated, with the largest single liquidation order of $2.34 million occurring on Binance for the ETHUSDT pair.
Strategy, led by Michael Saylor, did not purchase Bitcoin this week. The company plans to resume Bitcoin purchases next week.
Decentrawood's DEOD token is now trading on four exchanges including MEXC, BitMart, Toobit, and PancakeSwap. A new exchange listing announcement is expected soon.
Hyperliquid whale positions total $3.914 billion, with longs at $1.977 billion (50.51%) and shorts at $1.937 billion (49.49%). Longs have an unrealized profit of $11.05 million, while shorts face a loss of $38.79 million. A whale address 0xa5b0..41 opened a 15x long on ETH at $2,265.48 with full margin, currently showing an unrealized profit of $2.3764 million.
SkyAI reached an all-time high of $0.52. Analysts warn that profit-taking could lead to a price pullback.
Figure Technologies, led by CEO Mike Cagney, processed $1 billion in monthly volume by removing intermediaries from credit markets. The company brings real-world assets, lending, and equities onto blockchain networks.
Jack Dorsey's Cash App has launched a Bitcoin reserve proof feature, verifying that all Bitcoin holdings on the platform are fully backed 1:1. The move is seen as a step toward transparency and trust in the crypto industry.
KuCoin announced the world premiere listing of Billions Network Token (BILL). Trading will start on May 4 at 08:00 UTC, and deposits are already open.
OKX has launched margin trading for DOGE, XRP, ADA, PEPE, LTC, PUMP, and SUI in the European Economic Area. The pairs offer up to 10x leverage.
Binance has upgraded its Futures Grid Bot to support up to 1,000 grids for non-trailing strategies. This enhancement allows traders to capture more profit from market fluctuations with greater precision.
Starlink's global users reached about 7.8 million in 2025, up from 2021, while average monthly revenue per user fell 18%. Growth is driven by emerging markets and low-cost plans, with enterprise and high-margin services contributing a limited share.
A Dogecoin whale is sitting on an unrealized loss of $3.87 million as the price of DOGE approaches the $0.10 support level. The whale's position highlights the risk of large holdings during market downturns.