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According to Coinglass data, the total contract open interest for BTC has decreased by 5.16% in the past 24 hours, with the current total open interest at 58.458 billion USD. Among them, Binance's open interest is 10.672 billion USD, OKX's open interest is 3.355 billion USD, Bybit's open interest is 4.882 billion USD, and Gate's open interest is 4.547 billion USD.

According to Coinglass data, the total contract open interest for BTC has decreased by 5.26% in the past 24 hours, with the current total open interest at 58.659 billion USD. Among them, Binance's open interest is 10.739 billion USD, OKX's open interest is 3.377 billion USD, Bybit's open interest is 4.912 billion USD, and Gate's open interest is 4.553 billion USD.

According to Cointelegraph, after the U.S. stock market opened, Bitcoin quickly fell, briefly dropping below the $79,000 mark, with a daily decline of about 3%, reaching a low not seen since May. The market generally believes that this round of correction is closely related to the sell-off of risk assets triggered by the surge in U.S. Treasury yields. Data shows that the yield on the U.S. 10-year Treasury rose above 4.55%, reaching a nearly one-year high, raising concerns in the market about tightening liquidity and the reassessment of risk assets.Analysts pointed out that this level had previously triggered adjustments in U.S. stocks and policy expectations last year, and it has now become a key pressure signal again. Trading firm The Kobeissi Letter stated that the "crisis-like rise" in the U.S. Treasury market is intensifying, with long-term high interest rate expectations heating up. The market has begun to factor in the possibility of future rate hikes, leading to a rapid cooling of the previous "euphoric sentiment" in risk assets.From a technical perspective, analysts believe that after multiple rejections of resistance above $82,000, the support structure for Bitcoin is weakening, and it may retest the $75,000--$77,000 range in the short term, as the market enters a phase of range-bound fluctuations and directional choices.

According to Businesswire, Nasdaq-listed company Datavault AI announced its business update for the first quarter of 2026, revealing that the company has signed over $800 million in tokenized contracts, with approximately $100 million in fees expected to be recognized in 2026, achieving about $75 million in new contract scale for the first quarter, further validating institutional demand for RWA (real-world asset) tokenization platforms.In terms of assets and financing, the company has strengthened its balance sheet through a $60 million private placement and an additional $120 million in non-dilutive financing, while advancing the expansion of the SanQtum AI infrastructure platform across the United States, and plans to expand its quantum-secure GPU edge network by the end of 2026, deploying approximately 48,000 GPUs.

According to official news, Kraken announced that its Kraken Pro will increase the maximum leverage for Bitcoin and Ethereum perpetual contracts from 50 times to 100 times, applicable to the PF_XBTUSD and PF_ETHUSD USD cash-settled perpetual contracts, with products continuing to support 24/7 trading.According to the announcement, 100 times leverage is currently available to international users in eligible regions without the need to migrate accounts or apply additionally; existing Kraken Pro contract users can use it directly. The leverage mechanism adopts a tiered model: for BTC contracts, the first $1 million nominal position can use up to 100 times leverage, while any amount above that will automatically drop to a lower leverage tier; for ETH contracts, the first $500,000 nominal position offers up to 100 times leverage. The platform emphasizes that the leverage adjustment is not a "one-size-fits-all" switch, but rather a dynamic tiered calculation as the position size increases.

According to the official announcement, the second phase of the Gate contract points lottery has officially started, with two major prize pools set up.Among them, users holding Gate contract points ≥50 can consume 20 points to participate in the 20 GUSD lottery, with a total of 5,000 winning spots; users holding points ≥40 can consume 20 points to receive a 100 USDT position experience voucher, with a total of 3,000 spots available.In addition, participants must upgrade the Gate App to version 8.18.0 or above to participate, and the web version is also open. The GUSD lottery time is from May 15, 18:00 to May 18, 18:00 (UTC+8), and the voucher prize pool redemption time is from May 18, 18:00 to 23:59 (UTC+8). Rewards are expected to be distributed to user accounts within 1 hour after the event ends.

According to a16z crypto, on May 14, the U.S. Senate Banking Committee voted in a bipartisan manner to advance the "Digital Asset Market CLARITY Act" (CLARITY), marking a historic step in the legislative framework for the U.S. crypto market. The CLARITY Act aims to establish a clear regulatory framework for blockchain networks and digital assets, with core content including: clarifying the regulatory boundaries between the SEC and CFTC regarding crypto assets, regulating the operations of crypto exchanges, protecting consumer rights, and providing a clear path for compliant operation of blockchain networks in the U.S.a16z pointed out that the U.S. has relied on "regulatory enforcement instead of legislation" over the past decade, which not only distorts the market and stifles innovation but also gives rise to a large number of regulatory arbitrage activities, leading many crypto projects to move overseas. The bill references the 2024 FIT21 Act and the 2025 House version of the CLARITY Act, and further improves upon them. Currently, the two drafts from the Senate Banking Committee and the Agriculture Committee will be merged into a unified bill, which will be submitted for a full Senate vote, and after passing, will also require approval from the House of Representatives and the President's signature to officially take effect.a16z compares this legislative progress to the historical significance of the 1933 Securities Act and cites the precedent of explosive growth in the industry following the passage of the GENIUS stablecoin bill, believing that once CLARITY is implemented, it will usher in a new wave of innovation for the U.S. crypto industry.

TRONSCAN's latest data shows that the total number of transactions on the TRON network has reached 14,001,026,800, officially surpassing the 14 billion mark. It is reported that the total number of transactions refers to the cumulative number of all transactions on the TRON network.As a major global payment network and blockchain infrastructure, TRON has a large user base, with on-chain transaction activity continuously rising and user demand steadily increasing. Currently, the total number of TRON accounts has reached 381 million, and the total value locked (TVL) exceeds 28.9 billion USD. In addition, the issuance of TRC20-USDT has recently hit new highs, increasing to 89.3 billion coins, with a cumulative increase of 8 billion coins this year.

According to Fortune, OpenAI is considering legal action against Apple due to dissatisfaction with the use and commercialization of ChatGPT after its integration into Siri. They believe that the collaboration has not effectively driven user conversion to ChatGPT's paid subscription, which may involve a breach of contractual expectations.Reports indicate that the two parties initially reached an agreement about two years ago, with Apple enhancing Siri's ability to handle complex questions by integrating ChatGPT, while OpenAI expanded user reach through Apple's ecosystem. However, OpenAI has expressed "disappointment" with the current presentation and traffic-driving effect of ChatGPT within Siri.It is reported that OpenAI's legal team has collaborated with external law firms to evaluate various response options, including potential litigation. Meanwhile, the relationship has become strained, and Apple is exploring further collaboration possibilities with OpenAI's competitors.Analysts believe that the core of the dispute lies in the commercial ownership and traffic distribution issues after AI capabilities are embedded in the platform, specifically whether "functionality is embedded but does not lead to subscription conversion" constitutes a substantial breach of commercial terms. Currently, neither party has publicly responded to the litigation matters.

Strategy's preferred stock STRC recorded a record trading volume on Thursday, with a transaction amount reaching $1.53 billion, more than quadrupling the average over the past 30 days. Reports indicate that this peak in trading mainly occurred on the eve of the ex-dividend date, with a large number of trades priced at or above the $100 par value level. STRC currently offers an annualized cash dividend of approximately 11.5%, paid monthly.The high trading volume propelled Strategy to complete a new round of Bitcoin accumulation through its ATM (at-the-market) financing mechanism, purchasing approximately 11,707 BTC, allowing the company to continue expanding its position as the largest publicly traded Bitcoin holder in the world. Market data shows that STRC slightly retreated by about 1% in pre-market trading after entering ex-dividend trading, approaching the trading range just below $100, consistent with the usual price adjustment pattern for dividend-paying assets after the ex-dividend date. During the same period, the price of Bitcoin slightly weakened to around $80,500, and Strategy's common stock also fell by about 2%, reflecting the continued significant correlation between cryptocurrency assets and the company's stock price.

In the context of a short-term decline in spot gold and increased market volatility, the trading volume of XAU contracts has significantly expanded. According to CoinGlass data, the current price of XAU is $4573.68, down 2.52% in the past 24 hours; during the same period, the total trading volume of XAU contracts across the network reached $2.37 billion, an increase of 50.52% compared to the previous period.In centralized exchanges, the trading volume of XAU contracts is concentrated on leading platforms, with Binance, OKX, and Bitget ranking in the top three. Their 24-hour trading volumes are $1.404 billion, $257 million, and $227 million, respectively, collectively accounting for about 80% of the market share.

According to CoinGlass data, Brent crude oil (XBR) is currently priced at $102.78, up 0.68% in 24 hours; WTI crude oil (XTI) is currently priced at $98.45, up 1.33% in 24 hours, with active trading in oil-related contracts. Among them, for XBR, the trading volume on the Gate platform is approximately $5.45 million, ranking first across the network; for XTI, the trading pair XTI/USDT has a 24-hour trading volume of approximately $3.4613 million, maintaining high market attention, reflecting the platform's liquidity and product advantages in the oil derivatives market.In addition, Gate has renamed the trading symbol for the XBR perpetual contract to BZ and officially launched the BZ perpetual contract; at the same time, the trading symbol for the XTI perpetual contract has been renamed to CL and officially launched the CL perpetual contract. This only involves adjustments to the trading symbols, while the contract underlying and trading rules remain unchanged. Gate will further improve the product system for oil derivatives on the platform.Gate contracts have taken the lead in the oil market, pioneering the commodity contract sector, covering XBRUSDT (Brent crude oil) and WTIUSDT (WTI crude oil) perpetual contract trading, providing 24/7 trading, USDT settlement, and up to 100 times leverage, assisting users in cross-market asset allocation and strategic layout in volatile markets.

The U.S. Senate Banking Committee recently advanced the Digital Asset Market CLARITY Act with a bipartisan vote of 15 to 9, marking a step forward in the regulatory framework for the U.S. crypto market. Research institution HashKey Group pointed out that if the bill is enacted, it will significantly enhance compliance certainty for institutional investors participating in the crypto market and strengthen the core position of the U.S. dollar stablecoin in the global digital financial system.Analysts believe that a clearer U.S. regulatory framework will encourage banks, asset management institutions, and sovereign funds to more widely adopt compliant stablecoins for cross-border payments, settlements, and fund management, especially with more evident demand in the Asian market. However, at the same time, the U.S. restrictions on "yield-bearing stablecoins" may create structural spillover effects. HashKey researcher Tim Sun stated that if the U.S. strictly limits the stablecoin yield mechanisms, capital may flow to the Asian market or indirectly seek higher yields through "wrapped products."The report noted that the Asian market (such as Hong Kong and Singapore) features active cross-border trade, frequent capital flows, and local currencies that are more susceptible to external shocks. In an environment of high U.S. dollar financing costs, U.S. dollar stablecoins will become an important liquidity tool. However, the analysis also emphasized that this competition is not a zero-sum game. As the CLARITY Act progresses, the global competitive focus may shift from "trading platforms and token issuance" to "stablecoin liquidity channels and control over financial infrastructure," meaning who can more efficiently connect U.S. dollar liquidity, regional assets, and compliant financial channels.

The prediction market platform Kalshi announced a partnership with Interactive Brokers.According to the cooperation details, Interactive Brokers has integrated the Kalshi prediction market into its existing trading platform, allowing users to manage prediction market positions and traditional portfolios on the same interface, and supporting real-time viewing of positions, liquidity, and price data.The initially launched prediction markets will mainly cover topics such as election results, climate events, and economic indicators.

The CLARITY Act has been reviewed by the U.S. Senate Banking Committee today and will next enter the full Senate voting stage.According to Mars Finance, the market is optimistic about the completion of the legislation this year, with the success probability predicted by the market Polymarket exceeding 70%. However, the bill must first pass the critical procedural threshold of the "motion to end debate," which requires at least 60 votes in favor from the 100 senators; otherwise, it may face indefinite delays.Reports indicate that two Democratic senators have explicitly crossed party lines to support the bill, and all 51 Republican senators are expected to vote in favor. Therefore, at least 7 Democratic senators' support is still needed to advance the bill to the final voting stage.In addition, the CLARITY Act will need to be integrated with the version from the Senate Agriculture Committee. The Banking Committee version mainly involves the SEC regulatory framework, securities classification, trading platform registration, and DeFi protection; the Agriculture Committee version focuses on CFTC regulation, digital commodity spot and derivatives markets, among other areas. The final unified text will be submitted for Trump’s signature after being voted on by both houses.Previous news: The U.S. Senate Banking Committee passed the CLARITY Act with a vote result of 15:9.

Binance Futures announced that it will officially launch the BTCUSD1 U-based perpetual contract on May 18, 2026, at 17:00 Beijing time (09:00 UTC), with a maximum leverage of 100 times.It is reported that this is the first USD1 contract trading pair launched by Binance, with USD1 as the settlement asset. At the same time, the contract supports a multi-asset model. Currently, the highest collateral conversion rate for USD1 in Binance's unified account is 99.99%, which means that USD1 has simultaneously taken on the roles of pricing currency, margin asset, and collateral on the leading trading platform.

According to GMGN data, the top 5 tokens with net inflow from KOL in the past 24 hours are as follows:REGINALD (GuWq....ump): Net inflow of $2,000, with a 24-hour increase of 160.8%, currently priced at $0.0001.RoyalPop (8Tbn....ump): Net inflow of $2,000, with a 24-hour decrease of -23.3%, currently priced at $0.001.MONET (Uitv....ump): Net inflow of $1,000, with a 24-hour increase of 10591.5%, currently priced at $0.0004.HOTMOMS (FkUk....ump): Net inflow of $674, with a 24-hour increase of 310.6%, currently priced at $0.0001.DouDou (Cyiz....ump): Net inflow of $476, with a 24-hour increase of 125.7%, currently priced at $0.0001.

According to Coinglass data, the total contract open interest for ETH has decreased by 6.28% in the past 24 hours, with the current total open interest at 32.663 billion USD. Among them, the open interest on Binance is 6.88 billion USD, OKX is 1.95 billion USD, Bybit is 2.052 billion USD, and Gate is 4.338 billion USD.

JPMorgan analysts pointed out in their latest report that although the overall cryptocurrency market has recovered after the Iran conflict, Ethereum and other altcoins continue to underperform compared to Bitcoin. The analyst team led by Managing Director Nikolaos Panigirtzoglou stated that this trend, which began in 2023, "is unlikely to change unless we see meaningful improvements in network activity, DeFi, and real-world applications."The analysts noted that since the conflict triggered a market sell-off, Bitcoin's recovery in spot ETF fund flows and institutional futures positions has outperformed Ethereum. The spot Bitcoin ETF has recovered about two-thirds of the previous outflows, while the spot Ethereum ETF has only recovered about one-third. CME futures positions also indicate that institutional investors are rebuilding their Bitcoin exposure more aggressively than Ethereum.Regarding the upcoming Ethereum upgrades (Glamsterdam and Hegota), analysts questioned whether they would be sufficient to improve ETH's relative performance. Upgrades over the past three years have primarily reduced Layer 2 transaction costs, which has weakened the Ethereum network's fee generation and token burn mechanisms, leading to an accelerated net supply growth and weakened price support. Whether the new upgrades can generate enough new demand and network activity remains to be seen.For altcoins, analysts believe that since 2023, weak liquidity conditions, low market depth and breadth, limited growth in DeFi activity, and recurring hacking and security incidents have collectively eroded market confidence and hindered the deployment of new capital.