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BIT Official released a daily chart analysis stating that the spot Bitcoin ETF has recorded net inflows for nine consecutive trading days, with institutional buying continuing to accumulate, providing support for the price.It stated that Strategy has invested approximately $11 billion this year to increase its Bitcoin holdings, and the inflow of ETF funds combined with corporate buying helps strengthen market support. Analysts believe that, in the absence of significant risk events, the current market structure still supports Bitcoin's gradual upward movement.

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) announced sanctions against Cambodian Senator Kok An, accusing him of controlling "fraud parks" across the country, defrauding American victims through cryptocurrency investment scams.According to a statement released by OFAC on Thursday, in addition to Kok An, 28 other individuals and entities have been added to the sanctions list, all believed to be connected to his fraud network. This network is accused of luring victims into sending cryptocurrency assets under the guise of "high return investments." This action follows a raid by Cambodian police on two scam centers in the border city of Poipet. Previously, Kok An had been accused of operating scam bases in the area. OFAC stated that scammers typically gain victims' trust by establishing "friendships" or "romantic relationships," then guide them to participate in so-called cryptocurrency investment platforms, thereby defrauding them of funds, with the total amount involved reaching millions of dollars.It is noteworthy that some individuals involved in the scam activities are themselves victims of human trafficking, forced to engage in illegal activities under threats of violence. OFAC pointed out that these scam centers are often located in casinos or repurposed office parks, used not only for money laundering but also as bases for defrauding American citizens and committing human rights violations. Additionally, regulators have simultaneously shut down over 500 fraudulent website domains used for cryptocurrency investment scams, indicating that the U.S. crackdown on related criminal activities is intensifying.

According to The Block, JPMorgan analysts stated that the frequent security incidents in DeFi and the stagnation of total locked value (TVL) in ETH terms continue to limit institutional interest in DeFi. The report mentioned that a recent cross-chain bridge attack related to Kelp DAO led to a loss of approximately $20 billion in DeFi TVL within a few days. The attackers minted about $292 million in unsecured rsETH and borrowed real ETH on Aave using it as collateral, resulting in approximately $230 million in bad debt. JPMorgan also pointed out that after security incidents, users tend to turn to Tether's USDT for safety.

According to CoinGlass data, index contracts have been overall active in the past 4 hours, with the Gate platform's HK50 contract seeing a position increase of up to 5769.9%, ranking first in the entire market.Gate has pioneered the global index perpetual contract, using mainstream global indices and volatility indices as underlying assets, introducing market sentiment indicators into the cryptocurrency derivatives trading system. While maintaining the advantages of USDT settlement and 24/7 trading, it provides users with trading options that are closer to the global macro market. At the same time, Gate has fully laid out traditional financial trading areas including stocks, metals, foreign exchange, indices, and commodities, and is continuously building a multi-asset contract system covering mainstream TradFi assets, creating the industry's most comprehensive index and traditional financial asset contract trading area.

X product lead and Solana advisor Nikita Bier posted to announce two product changes for organizing communities on X, including:XChat now supports a joinable link feature for group chats. Users can create a public link to share directly on their timeline. Each group chat supports 350 members (and is still increasing).Due to declining usage, the X platform will officially deprecate X Communities on May 6.

According to TRONSCAN data, the JST treasury address (TZJVQuU3CJqBScwoxhRtkxQ7JjsNNrpEag) continues to extract funds from protocol earnings and transfer them to the black hole address (T9yD14Nj9j7xAB4dbGeiX9h8unkKHxuWwb) for permanent destruction.As of now, the black hole address has cumulatively destroyed over 1.356 billion JST, accounting for 13.7% of the total supply. All operations are publicly traceable on-chain, and the ongoing deflation driven by real earnings is continuously strengthening the scarcity of JST, building long-term support for the token's value. This also marks a new phase of value growth for JST, driven by both intrinsic profits and a transparent mechanism.

According to Gate Ventures' latest weekly report, as the situation in the Middle East has temporarily eased and energy prices have fallen, global risk appetite has marginally improved, stock indices have reached new highs, and both the dollar and U.S. Treasury yields have declined. However, gold remains strong, indicating that while the market is flowing back into risk assets, the demand for safe-haven assets has not completely faded. Against this backdrop, the cryptocurrency market has seen a slight rebound overall, with BTC and ETH rising 4.3% and 3.3% respectively. ETF funds continue to see net inflows, but market sentiment remains cautious. Mainstream assets have performed relatively steadily with institutional support, while the recovery in the altcoin market remains limited.At the industry level, regulatory advancements and infrastructure development continue to deepen. France supports promoting the euro stablecoin plan under the MiCA framework to enhance the competitiveness of the local currency system; Circle has launched USDC Bridge to further improve the cross-chain liquidity structure of stablecoins; the X platform has introduced the Cashtags feature to accelerate the integration of trading and social scenarios. In terms of investment and financing, a total of 12 financing deals were disclosed this week, with a total amount of $41.8 million, among which Paxos Labs completed a $12 million financing focused on compliant DeFi infrastructure development, reflecting that capital is still continuously laying out around compliance and underlying capability upgrades.

According to on-chain analyst Yu Jin's monitoring, funds on Aave continue to flow out, with $15.1 billion having exited in just three and a half days: the total deposit amount has decreased from $48.5 billion before the Kelp security incident to $30.7 billion now, losing nearly one-third of the funds.The situation of two other mainstream lending platforms: 1. Morpho: the total deposit amount has decreased from $11.7 billion before the rsETH incident to $10.2 billion now, with $1.5 billion in funds flowing out. 2. Spark: the TVL of SparkLend business has increased from $1.9 billion before the rsETH incident to $3.2 billion now, with $1.3 billion in funds flowing in. Spark has absorbed some of the funds withdrawn from Aave by large whales/institutions (such as Sun Yuchen and the whale that invested $500 million in February at the bottom).

According to monitoring by Hyperinsight, in the past 16 hours, the Galaxy Digital associated address (0xcac) has continuously closed ETH short positions, reducing holdings by a total of 905 ETH, approximately worth 2.09 million USD. Currently, there is still a floating profit of 2.6 million USD, with a position size reaching 7.4 million USD.Since March, this address has significantly reduced its positions, continuously selling BTC and ETH spot while simultaneously closing short positions, with a total spot selling volume reaching 11 million USD, completing the liquidation; the size of the short positions has also decreased from 35 million USD to the current 13.8 million USD, during which the funding rate settlement recorded approximately 3.5 million USD in profits.It is reported that this address has received on-chain funds from Galaxy Digital multiple times and has been executing a neutral arbitrage strategy on Hyperliquid for a long time, typically maintaining risk neutrality by selling spot and closing short positions, or buying spot and increasing short positions.

According to on-chain analyst @ai_9684xtpa, the "leverage giant whale with a profit of 44.61 million dollars in two months" closed a long position of 4000 ETH in the afternoon, making a profit of about 144,000 dollars.In addition, another address 0x6c8...d84f6 took profit again in the past half hour by selling 20,000 ETH, with a transaction amount of about 46.33 million dollars, making a profit of about 551,000 dollars, and currently still holds about 20,000 ETH, with an unrealized profit of about 296,000 dollars.

According to PR Newswire, Bitmine Chairman Thomas "Tom" Lee stated, "We are seeing more and more signs that the mini crypto winter is coming to an end."With the downside risks of the US-Iran war diminishing, ETH has rebounded 41% from its low in early February. Since the outbreak of the war, ETH has outperformed the S&P 500 index by 2,280 basis points and remains the best-performing asset globally (excluding oil prices). Ethereum continues to benefit from two major positive narratives, including Wall Street's asset tokenization on the blockchain and the increasing need for public, neutral blockchains by proxy AI systems.In our view, it is significant that ETH has become the best wartime store of value and that ETH has led the market since the war began. Although many believe the crypto winter may last until the fall of 2026, our perspective remains that the crypto winter is nearing its end.Since 2015, every major crypto winter has coincided with a stock market pullback of at least 20%. In fact, the crypto pullback in 2025 occurred simultaneously with a 20% drop in the S&P 500 index. However, in 2026, the stock market pullback was more moderate, at only -8%.

BIT released a chart today stating that since October of last year, Bitcoin has been in a continuous adjustment phase, with a weak funding situation being one of the more obvious reasons. During the same period, Tether's market capitalization has hovered around $183 billion, with overall incremental growth being limited, leading to a lack of significant new capital inflow, putting overall pressure on prices and resulting in relatively cautious sentiment.Recently, this situation has shown signs of loosening. Tether's new circulating supply has increased by about $3 billion, and the overall stablecoin market capitalization has rebounded, indicating signs of market liquidity warming up. Combined with other funding flow indicators, the signal direction is becoming more positive, but it is still in the early stages. The marginal improvement in funding flow is noteworthy, as such signals often precede price performance. If this trend continues in the coming weeks, it is expected to provide some support for prices.

According to Gate market data, the US stock market continues to rise, with the Dow Jones Industrial Average up 2%.

Liquid Capital founder Yi Lihua posted on X platform: "With the opening of the Strait of Hormuz, the war has officially ended. I still hold the view that neither side has a reason to continue fighting; peace is the only best choice. I remain optimistic about this rebound, with the S&P hitting new highs, MicroStrategy continuing to buy, and Hawthorn Coin taking turns to perform. There is currently no reason to take profits."

According to Coinglass data, the Coinbase Bitcoin premium index has been positive for 9 consecutive days, currently reported at 0.0117%. The buying sentiment in the U.S. market continues to warm up, after being in negative premium for 15 consecutive days.ChainCatcher Note: The Coinbase Bitcoin premium index is used to measure the difference between the Bitcoin price on Coinbase (a mainstream trading platform in the U.S.) and the global market average price. This index is an important indicator for observing capital flows in the U.S. market, institutional investment enthusiasm, and changes in market sentiment.A positive premium indicates that the Coinbase price is higher than the global average price, which usually means: strong buying in the U.S. market, active entry of institutional or compliant funds, ample dollar liquidity, and optimistic investment sentiment. A negative premium indicates that the Coinbase price is lower than the global average price, which typically reflects: significant selling pressure in the U.S. market, decreased risk appetite among investors, rising market risk aversion, or capital outflows.

According to HTX data, ORDI has continuously surged, briefly breaking through 7 dollars, currently reported at 6.889 dollars, with a 24-hour increase expanding to 151%.In the past 12 hours, the total liquidation of RAVE contracts across the network reached 11.91 million dollars, with long positions liquidating 9.47 million dollars and short positions liquidating 2.44 million dollars. The liquidation amount exceeds that of Bitcoin and Ethereum, ranking first across the network.

According to Coinglass data, the Coinbase Bitcoin premium index has been positive for 8 consecutive days, currently reported at 0.0401%. The buying sentiment in the U.S. market continues to warm up, after previously being in negative premium for 15 consecutive days.The Coinbase Bitcoin premium index is used to measure the difference between the Bitcoin price on Coinbase (a mainstream trading platform in the U.S.) and the global market average price. This index is an important indicator for observing the flow of funds in the U.S. market, the enthusiasm of institutional investors, and changes in market sentiment. A positive premium indicates that the Coinbase price is higher than the global average price, which usually means: strong buying in the U.S. market, active entry of institutional or compliant funds, ample dollar liquidity, and optimistic investment sentiment. A negative premium indicates that the Coinbase price is lower than the global average price, which typically reflects: significant selling pressure in the U.S. market, a decline in investors' risk appetite, an increase in market risk aversion, or capital outflow.

Hyperbot data shows that Brother Ma Ji, Huang Licheng, has just continued to add BTC and HYPE long positions. Currently, his overall position has an unrealized profit of nearly 1.9 million USD, with specific holdings as follows:25x leverage ETH long position holding 13,700 ETH, position value 32.2255 million USD, unrealized profit 1.514 million USD;40x leverage BTC long position holding 202 BTC, position value 1.5117 million USD, unrealized profit 0.175 million USD;10x leverage HYPE long position holding 202,000 HYPE, position value 9.104 million USD, unrealized profit 0.1706 million USD.

According to analyst Darkfost, Bitcoin has experienced a net outflow from CEX almost every day for the past two months, indicating a trend of accumulation among investors.This type of structural outflow is often seen as a positive signal of reduced selling pressure, especially during the current price consolidation phase, which may indicate that the selling power is exhausted, while also suggesting that Bitcoin is being transferred from CEX to long-term holding wallets.