7*24

Hot topic

Market

Activities

Market data shows that BTC has surpassed $81,000, currently priced at $81,012.81, with a 24-hour increase of 0.07%. The market is experiencing significant volatility, so please ensure proper risk management.

[BTC Surpasses $81,000]Market data shows that BTC has surpassed $81,000, currently priced at $81,012.81, with a 24-hour increase of 0.07%. The market is experiencing significant volatility, so please ensure proper risk management.

BTC Surpasses $81,000

On May 11, Circle announced its financial report for the first quarter of fiscal year 2026. The data shows that by the end of the first quarter, the circulation of USDC reached $77 billion, a year-on-year increase of 28%; the on-chain transaction volume of USDC for the first quarter reached $21.5 trillion, a year-on-year increase of 263%. The financial report indicates that Circle's total revenue and reserve income for the first quarter was $694 million, a year-on-year increase of 20%; adjusted EBITDA was $151 million, a year-on-year increase of 24%; net profit was $55 million, a year-on-year decrease of 15%. Additionally, Circle disclosed that its ARC Token presale financing reached $222 million, with a fully diluted valuation of $3 billion, and investors include institutions such as a16z crypto, BlackRock, and ARK Invest. The company also announced the launch of the 'Agent Stack' infrastructure aimed at AI agent scenarios, including products like Agent Wallets and Agent Marketplace, to support USDC-based AI agent payments and business activities.

[Circle Q1 Revenue Reaches $694 Million, Net Profit at $55 Million]On May 11, Circle announced its financial report for the first quarter of fiscal year 2026. The data shows that by the end of the first quarter, the circulation of USDC reached $77 billion, a year-on-year increase of 28%; the on-chain transaction volume of USDC for the first quarter reached $21.5 trillion, a year-on-year increase of 263%. The financial report indicates that Circle's total revenue and reserve income for the first quarter was $694 million, a year-on-year increase of 20%; adjusted EBITDA was $151 million, a year-on-year increase of 24%; net profit was $55 million, a year-on-year decrease of 15%. Additionally, Circle disclosed that its ARC Token presale financing reached $222 million, with a fully diluted valuation of $3 billion, and investors include institutions such as a16z crypto, BlackRock, and ARK Invest. The company also announced the launch of the 'Agent Stack' infrastructure aimed at AI agent scenarios, including products like Agent Wallets and Agent Marketplace, to support USDC-based AI agent payments and business activities.

Circle Q1 Revenue Reaches $694 Million, Net Profit at $55 Million

On May 11, a spokesperson for the European Commission stated that the European Commission is in contact with OpenAI regarding the latest ChatGPT model.

[European Commission in Contact with OpenAI Regarding Latest ChatGPT Model]On May 11, a spokesperson for the European Commission stated that the European Commission is in contact with OpenAI regarding the latest ChatGPT model.

European Commission in Contact with OpenAI Regarding Latest ChatGPT Model

On May 11, CNBC reported that Circle raised $222 million in the ARC token pre-sale from BlackRock, Apollo, and other investors, achieving a valuation of $3 billion.

[Circle's ARC Pre-sale Raises $222 Million at $3 Billion Valuation with Participation from BlackRock]On May 11, CNBC reported that Circle raised $222 million in the ARC token pre-sale from BlackRock, Apollo, and other investors, achieving a valuation of $3 billion.

Circle's ARC Pre-sale Raises $222 Million at $3 Billion Valuation with Participation from BlackRock

On May 11, QCP stated that the US will release key inflation data (CPI, PPI, and retail sales) this week, with the market focused on whether inflation is stabilizing rather than accelerating again. If the data shows that inflation is stabilizing, it may support expectations for looser financial conditions and drive real yields lower, which historically has supported the crypto market. Conversely, if inflation continues to rise, it will strengthen expectations for ongoing policy tightening, putting pressure on risk assets. Despite outflows from spot ETFs last Thursday and Friday, as well as market concerns over Saylor's comments about 'selling Bitcoin,' Bitcoin has remained firmly above $80,000, which is viewed as a constructive price performance. Additionally, the US Senate Banking Committee plans to review the CLARITY Act this week. Although this remains a procedural step rather than a final vote, it is still an important signal of legislative progress. Any developments will affect the market's expectations for regulatory clarity, which in turn will influence ETF and broader institutional capital flows. Currently, crypto volatility continues to decline, remaining close to year-to-date lows, and the VIX index is hovering around 18, indicating relatively limited overall market pressure. In the short term, cryptocurrencies may maintain a range-bound fluctuation, with $84,000 being a key resistance level. The market is awaiting further clarity on inflation trends and macro factors such as the US-Iran situation.

[QCP: Bitcoin Holds Steady Above $80,000 as US CPI Data and CLARITY Act Review Approach]On May 11, QCP stated that the US will release key inflation data (CPI, PPI, and retail sales) this week, with the market focused on whether inflation is stabilizing rather than accelerating again. If the data shows that inflation is stabilizing, it may support expectations for looser financial conditions and drive real yields lower, which historically has supported the crypto market. Conversely, if inflation continues to rise, it will strengthen expectations for ongoing policy tightening, putting pressure on risk assets. Despite outflows from spot ETFs last Thursday and Friday, as well as market concerns over Saylor's comments about 'selling Bitcoin,' Bitcoin has remained firmly above $80,000, which is viewed as a constructive price performance. Additionally, the US Senate Banking Committee plans to review the CLARITY Act this week. Although this remains a procedural step rather than a final vote, it is still an important signal of legislative progress. Any developments will affect the market's expectations for regulatory clarity, which in turn will influence ETF and broader institutional capital flows. Currently, crypto volatility continues to decline, remaining close to year-to-date lows, and the VIX index is hovering around 18, indicating relatively limited overall market pressure. In the short term, cryptocurrencies may maintain a range-bound fluctuation, with $84,000 being a key resistance level. The market is awaiting further clarity on inflation trends and macro factors such as the US-Iran situation.

QCP: Bitcoin Holds Steady Above $80,000 as US CPI Data and CLARITY Act Review Approach

On May 11, according to the latest forecast data from Qunzhi Consulting, global AI server shipments are expected to reach approximately 3.7 million units in 2026, representing a year-on-year growth of 51.3%. Analyzing from the perspective of demand share, the demand from AI servers is projected to exceed 40% of the total global DRAM shipment capacity in 2026, significantly surpassing the demand share of single categories such as consumer electronics and traditional servers.

[Agency: AI Server Memory Demand Expected to Account for Nearly 50% of DRAM Market Capacity by 2027]On May 11, according to the latest forecast data from Qunzhi Consulting, global AI server shipments are expected to reach approximately 3.7 million units in 2026, representing a year-on-year growth of 51.3%. Analyzing from the perspective of demand share, the demand from AI servers is projected to exceed 40% of the total global DRAM shipment capacity in 2026, significantly surpassing the demand share of single categories such as consumer electronics and traditional servers.

Agency: AI Server Memory Demand Expected to Account for Nearly 50% of DRAM Market Capacity by 2027

On May 11, according to QCP analysis, this week is packed with macro events, and the market is focused on three main lines: First, leaders from China and the United States will meet in Beijing this week, discussing tariffs, rare earth supply chains, and the situation in the Middle East, with the market paying attention to whether substantial progress can be made in trade; Second, the April CPI, PPI, and retail sales data will be released successively. If inflation stabilizes, real yields are expected to decline, historically providing support for the crypto market; conversely, this would strengthen tightening expectations; Third, the U.S. Senate Banking Committee will review the CLARITY Act, and legislative progress may further encourage institutional capital entry. Currently, despite BTC experiencing ETF fund outflows last week, it has maintained the $80,000 level, with crypto volatility remaining at a year-to-date low, VIX around 18. In the short term, BTC is likely to maintain range fluctuations, with $84,000 being a key resistance level.

[QCP: Inflation Data Release Intensifies, BTC May Maintain Range Fluctuation in Short Term]On May 11, according to QCP analysis, this week is packed with macro events, and the market is focused on three main lines: First, leaders from China and the United States will meet in Beijing this week, discussing tariffs, rare earth supply chains, and the situation in the Middle East, with the market paying attention to whether substantial progress can be made in trade; Second, the April CPI, PPI, and retail sales data will be released successively. If inflation stabilizes, real yields are expected to decline, historically providing support for the crypto market; conversely, this would strengthen tightening expectations; Third, the U.S. Senate Banking Committee will review the CLARITY Act, and legislative progress may further encourage institutional capital entry. Currently, despite BTC experiencing ETF fund outflows last week, it has maintained the $80,000 level, with crypto volatility remaining at a year-to-date low, VIX around 18. In the short term, BTC is likely to maintain range fluctuations, with $84,000 being a key resistance level.

QCP: Inflation Data Release Intensifies, BTC May Maintain Range Fluctuation in Short Term

According to monitoring by Dongcha Beating, in response to anticipated capital expenditures soaring to $725 billion for AI, Silicon Valley giants are intensifying a global bond issuance frenzy. In the face of massive computing costs, cross-currency bond issuance has become a core strategy for tech giants to "take advantage of low-interest loans." Amazon and Google's parent company Alphabet are the main players in this cross-border arbitrage. Following a record issuance of euro bonds in March, Amazon is now preparing to issue its first Swiss franc bonds with maturities ranging from 3 to 25 years. Meanwhile, Alphabet, which has raised its capital expenditure forecast to $190 billion this year, is planning its first bond issuance in the Japanese yen market after intensively issuing bonds in euros, Canadian dollars, and Swiss francs. Bloomberg analysts point out that by leveraging ultra-low interest rates in markets like Japan and Europe, these two giants can raise substantial funds at very low costs while continuing to invest heavily in computing power without sacrificing domestic financial flexibility. In contrast, Meta finds itself in a more challenging position on the same "debt-fueled computing power" path. Despite recently completing an investment-grade bond issuance of up to $25 billion, Meta faced higher risk premiums from Wall Street due to Zuckerberg's admission during the earnings call of a lack of a "precise plan" for monetizing AI, leading to a significant reduction in subscription scale. In stark contrast, Microsoft has emerged as the only major player relying solely on its strong operating cash flow to shoulder massive AI expenditures, completely avoiding this bond issuance wave.

[Tech Giants Accumulate $725 Billion in AI Spending through Debt: Amazon and Google Engage in Cross-Border Arbitrage, Meta Faces Higher Interest Rates on Bonds]According to monitoring by Dongcha Beating, in response to anticipated capital expenditures soaring to $725 billion for AI, Silicon Valley giants are intensifying a global bond issuance frenzy. In the face of massive computing costs, cross-currency bond issuance has become a core strategy for tech giants to "take advantage of low-interest loans." Amazon and Google's parent company Alphabet are the main players in this cross-border arbitrage. Following a record issuance of euro bonds in March, Amazon is now preparing to issue its first Swiss franc bonds with maturities ranging from 3 to 25 years. Meanwhile, Alphabet, which has raised its capital expenditure forecast to $190 billion this year, is planning its first bond issuance in the Japanese yen market after intensively issuing bonds in euros, Canadian dollars, and Swiss francs. Bloomberg analysts point out that by leveraging ultra-low interest rates in markets like Japan and Europe, these two giants can raise substantial funds at very low costs while continuing to invest heavily in computing power without sacrificing domestic financial flexibility. In contrast, Meta finds itself in a more challenging position on the same "debt-fueled computing power" path. Despite recently completing an investment-grade bond issuance of up to $25 billion, Meta faced higher risk premiums from Wall Street due to Zuckerberg's admission during the earnings call of a lack of a "precise plan" for monetizing AI, leading to a significant reduction in subscription scale. In stark contrast, Microsoft has emerged as the only major player relying solely on its strong operating cash flow to shoulder massive AI expenditures, completely avoiding this bond issuance wave.

Tech Giants Accumulate $725 Billion in AI Spending through Debt: Amazon and Google Engage in Cross-Border Arbitrage, Meta Faces Higher Interest Rates on Bonds

On May 11, Circle completed a $222 million pre-sale of its ARC tokens, led by a16z, with participation from institutions including BlackRock and Apollo. The fully diluted valuation for this round is approximately $3 billion. Arc is a public blockchain aimed at institutional contracts, governance, and AI agents, using USDC as the settlement currency. Circle will receive 25% of the token supply for validator rewards.

[Circle Completes $222 Million ARC Token Pre-Sale, Valued at $3 Billion]On May 11, Circle completed a $222 million pre-sale of its ARC tokens, led by a16z, with participation from institutions including BlackRock and Apollo. The fully diluted valuation for this round is approximately $3 billion. Arc is a public blockchain aimed at institutional contracts, governance, and AI agents, using USDC as the settlement currency. Circle will receive 25% of the token supply for validator rewards.

Circle Completes $222 Million ARC Token Pre-Sale, Valued at $3 Billion

The United States has extradited an alleged cryptocurrency money launderer from the Netherlands, according to a Department of Justice press release.
The DOJ cites court documents that allege Dubnikov and his accomplices laundered ransom payments extracted from victims of Ryuk ransomware attacks.
Dubnikov is alleged to have laundered more than $400,000 in Ryuk ransom proceeds. "Those involved in the conspiracy laundered at least $70 million in ransom proceeds," the DOJ alleges.
Multiple agencies are working on the case.

Detail

【US extradites alleged crypto money launderer from Netherlands】The United States has extradited an alleged cryptocurrency money launderer from the Netherlands, according to a Department of Justice press release.
The DOJ cites court documents that allege Dubnikov and his accomplices laundered ransom payments extracted from victims of Ryuk ransomware attacks.
Dubnikov is alleged to have laundered more than $400,000 in Ryuk ransom proceeds. "Those involved in the conspiracy laundered at least $70 million in ransom proceeds," the DOJ alleges.
Multiple agencies are working on the case.

US extradites alleged crypto money launderer from Netherlands

BTC Market Pulse: Week 19

DeLorean Brings Its Iconic IP to Solana

Bitcoin Buying Streak Ends: Saylor Confirms No New Strategy Purchase

Top Ethereum Holder Makes Bold Move Says ETH Is Close to Generational Run, Here’s When

Coinbase裁员14%，熊市和AI哪个才是主因？

Bulls Approach the Ceiling

MegaETH 如何让 TVL 在 TGE 一周内达到 700m？拆解包装手法

The Bitcoin Vector #54

Roobet Launches Prediction Markets on May 6, The First Major Crypto Casino to Integrate the Format

Pre-ETF Era Bitcoin Whales Surface To Cash In On $80,000 Rally

Article

bill soared to 0.152352 USDT, a new high with a 24-hour increase of 15.38%. It currently trades at 0.124168 USDT on HTX.

US extradites alleged crypto money launderer from Netherlands

Disclaimer：The content above does not represent HTX's positions.，HTX does not provide any trading recommendations.。

Related Articles

All Comments0LatestHot

Trending Topics

Related Articles