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According to Coinglass data, the current 8-hour average funding rate for ETH across the network is 0.0044%. Among the current mainstream exchanges, the rate on Binance is 0.0065%, OKX is 0.0071%, Bybit is 0.005%, and Gate is 0.01%.

According to Coinglass data, the current 8-hour average funding rate for BTC across the network is 0.005%. Among the current mainstream exchanges, the rate on Binance is 0.005%, OKX is 0.01%, Bybit is 0.0023%, and Gate is 0.008%.

According to Onchain Lens monitoring, Huang Licheng has deposited 250,000 USDC into Hyperliquid, increasing his 25x leveraged Ethereum long position.

According to Jinshi reports, the US and Israel are expected to resume strikes against Iran as early as next week. Amidst the soaring expectations of interest rate hikes in the bond market, the last meeting minutes of the "Powell era" are coming. Here are the key points that the market will focus on next week (all in Beijing time):Tuesday 9:30, the Reserve Bank of Australia will release the minutes of the May monetary policy meeting;Tuesday 20:00, Federal Reserve Governor Waller will speak at the European Central Bank research conference;Tuesday 20:15, the weekly change in ADP employment numbers for the week ending May 2 in the United States;Wednesday 7:00, 2026 FOMC voting member and Philadelphia Fed President Harker will speak;Thursday 2:00, the Federal Reserve will release the minutes of the monetary policy meeting;Thursday 20:00, European Central Bank Chief Economist Lane will speak at the European Central Bank research conference.The AI boom and consumer spending under inflationary pressure are the two main themes currently influencing the direction of US stocks. Next week, semiconductor giant Nvidia (NVDA) and a number of retail companies such as Walmart (WMT) will successively disclose their earnings reports. Nvidia will release its earnings report after the US market closes on Wednesday, and Walmart will release its earnings report before the US market opens on Thursday.

According to Asia Economy, Upbit operator Dunamu disclosed that the consolidated revenue for the first quarter of 2026 was approximately $157 million, a year-on-year decrease of 55%; operating profit was approximately $59 million, a year-on-year decrease of 78%; and net profit was approximately $46.6 million, a year-on-year decrease of 78%.Dunamu stated that the decline in performance was mainly affected by the global economic slowdown and the decrease in trading volume in the virtual asset market.

Grayscale Research stated that inflation in the United States is accelerating, and the Federal Reserve's room for interest rate cuts is limited. The market currently expects that interest rates will not be cut until September 2027.Grayscale believes that this macro environment has three major impacts on the crypto market: pressure on trades that counteract fiat currency depreciation, accelerated development of tokenized fixed income sectors, and stablecoin issuers will earn more from their reserves.

THORChain released an update on the hacking incident on platform X. Preliminary evidence suggests that a node that recently joined the network may have been controlled by a malicious operator, who exploited the GG20 TSS vulnerability to obtain key information from vault participants, ultimately reconstructing the vault private key and executing unauthorized withdrawal transactions. Currently, multiple THORChain nodes have been shut down, resulting in the network being in a paused state. RUNE transfers are expected to resume in about 12 hours, but the specific situation will depend on node decisions. Functions such as trading, liquidity provider operations, and signing are still unavailable, and a full restoration of network functionality is expected to take several days. Recovery plans are under discussion and may include reducing the staking of affected nodes, as well as other remedial measures proposed by the community.

According to on-chain analyst Ai Yi's monitoring, a certain whale, which had built a position of 11,004 ETH at an average price of $3.45 in 2016 and made a profit of $30.38 million, has once again built a position in ETH after a year. One hour ago, it purchased 647.137 ETH on-chain at an average price of $2,211.49, worth $1.43 million. This address currently still has 14.19 million USDC available.

According to Coinglass data, the current 8-hour average funding rate for ETH across the network is 0.0026%. Among the current mainstream exchanges, the rate on Binance is 0.0045%, OKX is 0.0058%, Bybit is 0.0023%, and Gate is 0.0078%.

According to Coinglass data, the current 8-hour average funding rate for BTC across the network is 0.0007%. Among the current mainstream exchanges, the rate on Binance is -0.0002%, OKX is 0.0085%, Bybit is -0.0018%, and Gate is 0.0036%.

According to Onchain Lens monitoring, a whale opened a long position of 180,000 HYPE with 10x leverage, worth 7.78 million USD, with a liquidation price of 32.8 USD.

Grayscale's research director Zach Pandl stated that in the context of rising inflation in the United States, the Federal Reserve may maintain a high interest rate policy for a long time, which will have three core impacts on the cryptocurrency market.He believes that as the U.S. CPI approaches 4%, the new Federal Reserve Chairman Kevin Warsh has almost no room for interest rate cuts, and the market currently expects the first rate cut to be delayed until September 2027.Grayscale pointed out that long-term high interest rates will put pressure on "currency depreciation trades" such as Bitcoin. Since Bitcoin, like gold, is a non-yielding asset, higher real interest rates will increase the opportunity cost of holding dollar-denominated assets. However, it remains optimistic about Bitcoin's long-term prospects and believes that regulatory benefits such as the CLARITY Act can partially offset the related pressures.In addition, it believes that a high interest rate environment will accelerate the tokenization of fixed income assets. Currently, the yields on dollar-denominated fixed income products are higher than those of most DeFi yields; for example, the USDC lending rate on Aave is about 3.6%, while the yield on short-term corporate bonds is about 4.5%.Grayscale also stated that stablecoin issuers will benefit from high interest rates. Since the GENIUS Act prohibits stablecoins from paying interest to users, issuers can retain the income from reserve assets. It estimates that for every 25 basis points increase in short-term rates, Circle's revenue will increase by approximately $190 million.

According to Coinglass data, the current 8-hour average funding rate for ETH across the network is 0.0036%. Among the current mainstream exchanges, the rate on Binance is 0.0013%, OKX is 0.0094%, Bybit is 0.0034%, and Gate is 0.01%.

According to Coinglass data, the current 8-hour average funding rate for BTC across the network is 0.0022%. Among the current mainstream exchanges, the rate on Binance is 0.0015%, OKX is 0.0012%, Bybit is -0.0019%, and Gate is 0.0098%.

The HyperEVM native non-custodial lending protocol HypurrFi announced that it will gradually cease brand operations and transfer the lending market infrastructure based on Euler on HyperEVM to Euler for maintenance and operation.HypurrFi stated that all markets currently remain solvent and operational, with no security vulnerabilities or attacks on the protocol. User deposits, collateral, and positions are all safe and intact. Clearstar Labs will continue to serve as the risk curator for the Prime, Yield, and Earn vaults.The announcement stated that the HypurrFi Pooled market will enter an orderly shutdown phase over the next few weeks to months, with new lending currently suspended and lending limits gradually reduced to encourage user repayment migration. The USDXL interest rate has been raised to 30% to incentivize borrowers to repay their debts early. In addition, HypurrFi has launched a migration tool to help users transfer their positions to the Euler Prime and Yield markets. It stated that future Hyperliquid support will gradually be integrated into the official Euler UI.HypurrFi emphasized that this adjustment is a proactive operational decision, not a security incident or emergency. The Legacy and Pooled markets are expected to complete closure and liquidation by July 15, 2026.

Kelp announced on platform X that the rsETH protocol has fully resumed normal operation, and the related functions have been re-launched on the mainnet and all Layer 2 networks, with the overall system status restored to normal levels. The rsETH exchange rate has been updated, accounting for all staking reward earnings accumulated during the suspension period. Meanwhile, EIGEN rewards are now open for distribution to rsETH holders, covering the entire suspension period.In addition, the deposit and withdrawal functions have been restored on the mainnet and Layer 2 networks, and the rsETH asset support status has been fully restored to 100% backing. The official emphasized that the current rsETH has achieved complete and sufficient support on the mainnet and L2 networks, and all operational processes have returned to normal.

According to Jinshi reports, U.S. software stocks generally rose, with Workday (WDAY.O) up 3.9%, Salesforce (CRM.N) up 3.5%, Adobe (ADBE.O) up 3.2%, and Zscaler up 3%.

According to Jinshi reports, U.S. interest rate futures indicate that the probability of the Federal Reserve raising interest rates by January next year exceeds 50%.

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 Gate market data, the three major indices of the US stock market generally fell before the market opened, with the Nasdaq down 1.24%, the Dow down 0.44%, and the S&P 500 down 0.78%.Most of the seven major tech stocks fell before the market opened, with Apple (AAPL) down 0.66%, Microsoft (MSFT) up 0.7%, Alphabet (GOOGL) down 1.57%, Amazon (AMZN) down 1.36%, Nvidia (NVDA) down 2.08%, Tesla (TSLA) down 1.72%, and Meta (META) down 1.35%.