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Donald Trump believes that Iran is facing a financial crisis:
* Losing about $500 million per day due to disruptions in the Strait of Hormuz
* Needs to reopen this route urgently to have cash flow
* Internal instability as the military and police are delayed in receiving their salaries
This statement comes amid ongoing tensions and blockades related to the Strait of Hormuz.$BTC $ETH
Theo Ember, capital is being withdrawn sharply from Aave: about $15.1 billion was withdrawn in 3.5 days, TVL decreased from $48.5 billion to $30.7 billion.
Other platforms:
* Morpho: TVL decreased from $11.7 billion to $10.2 billion (outflow ~ $1.5 billion).
* Spark: TVL increased from $1.9 billion to $3.2 billion (inflow ~ $1.3 billion), mostly absorbing the capital withdrawn from Aave, including whales like Justin Sun.$BTC $ETH
Justin Sun stated that he has sued World Liberty Financial in federal court in California to protect his rights regarding the $WLFI token.
He accused the project of freezing the tokens, stripping voting rights, and threatening to "burn" assets without reason. Despite attempts to resolve the issue internally, it was unsuccessful, leading to the necessity of filing a lawsuit. Sun emphasized that the incident does not affect his support for Donald Trump and the crypto-friendly direction of the administration. $BTC $ETH
SpaceX reached a cooperation agreement with AI startup Cursor (Anysphere), with the right to buy it for $60 billion later this year or pay $10 billion to expand the cooperation.
Anysphere has raised $400,000 in pre-seed funding (2022) from Alameda Research and Heroic Ventures; Alameda invested $200,000 for a ~5% stake but sold it when FTX went bankrupt — the stake could be worth ~$3 billion if held$BTC $ETH
Base announces that Base Azul upgrade will be on the mainnet on 13/05/2026, focusing on security and performance:
* Apply multi-proof (TEE + ZK), support withdrawals in 1 day, and move towards Phase 2 decentralization.
* High-performance client consolidation, reduced empty blocks (~200 → ~2/day), maintained spikes of ~5000 TPS.
* Compatible with Ethereum Osaka's execution layer standard.$BTC $ETH
Zach Pandl stated that Bitcoin has increased by more than 20% from ~63,000 USD to ~76,000 USD, slightly surpassing the short-term breakeven price (~74,000 USD), helping most investors who have held for 1–3 months to break even.
If the price continues to rise, this group will start to be profitable — an early signal of a bull market. However, BTC is still below the October peak; the 65,000–70,000 USD range could be a relatively stable short-term bottom.$BTC $ETH
According to data from SoSoValue, the crypto market is showing mixed trends:
* The Meme group leads, up 4.81% (M +26.97%, B +8.05%, CHEEMS +5.54%).
* Bitcoin slightly increased by 0.34% around 76,000 USD; Ethereum is almost flat (+0.01%).
* Layer1 +0.85% (ATOM +3%), PayFi +0.66% (XMR +8.07%), CeFi +0.15% (BNB +0.19%).
* Layer2 -0.07% (STRK +5.43%), DeFi -0.22% (JST +11.06%).
Industry indices: ssiMeme +3.59%, ssiRWA +2.15%, ssiLayer1 +0.29%. $BTC $ETH
The Monetary Authority of Singapore (MAS) has just proposed new, more friendly capital guidelines for cryptocurrency assets on public blockchains, aiming to replace the current stringent Basel regulations.
Instead of defaulting to classify public chain assets in the high-risk category (Group 2), MAS allows them to be classified in Group 1 with a lower risk weight if they meet certain safety standards. To control risk, MAS stipulates:
• The holding limit for Group 1 assets is no more than 2% of the bank's Tier 1 capital.
• The issuance size (if it constitutes a liability) does not exceed 5% of Tier 1 capital.
This move aims to ensure technology neutrality and encourage banks in Singapore to engage more deeply in the digital asset market.$BTC $ETH