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On May 11, Hassett, the Director of the National Economic Council at the White House, stated that Trump will decide whether a new executive order on artificial intelligence is necessary, expressing a desire to avoid creating a large new bureaucratic agency to oversee AI.

[Hassett: Trump to Decide on Need for New AI Executive Order]On May 11, Hassett, the Director of the National Economic Council at the White House, stated that Trump will decide whether a new executive order on artificial intelligence is necessary, expressing a desire to avoid creating a large new bureaucratic agency to oversee AI.

Hassett: Trump to Decide on Need for New AI Executive Order

On May 11, according to on-chain analyst Yu Jin, Bitcoin treasury company Strategy (MSTR) purchased 535 BTC (approximately $43 million) last week at a price of around $80,340. They now hold a total of 818,869 BTC (valued at $66.398 billion), with an average cost of $75,540, resulting in a profit of $4.54 billion (+7.3%). 

Ethereum treasury company Bitmine (BMNR) purchased 26,659 ETH (approximately $6.214 million) last week at a price of around $2,331. They now hold a total of 5,206,790 ETH (valued at $12.132 billion), with an average cost of $3,539, resulting in a loss of $6.297 billion (-34.1%). Additionally, 90% of their ETH (4.713 million coins) is staked in Ethereum.

[Bitcoin Holdings Show $4.54 Billion Profit, Bitmine Ethereum Holdings Show $6.297 Billion Loss]On May 11, according to on-chain analyst Yu Jin, Bitcoin treasury company Strategy (MSTR) purchased 535 BTC (approximately $43 million) last week at a price of around $80,340. They now hold a total of 818,869 BTC (valued at $66.398 billion), with an average cost of $75,540, resulting in a profit of $4.54 billion (+7.3%). 

Ethereum treasury company Bitmine (BMNR) purchased 26,659 ETH (approximately $6.214 million) last week at a price of around $2,331. They now hold a total of 5,206,790 ETH (valued at $12.132 billion), with an average cost of $3,539, resulting in a loss of $6.297 billion (-34.1%). Additionally, 90% of their ETH (4.713 million coins) is staked in Ethereum.

Bitcoin Holdings Show $4.54 Billion Profit, Bitmine Ethereum Holdings Show $6.297 Billion Loss

On May 11, Tom Lee, Chairman of Bitmine, stated in a shareholder letter that 'Crypto Spring has begun.' Despite the current market sentiment remaining pessimistic, cryptocurrency asset prices are steadily strengthening, resembling characteristics of the early stages of historical cycles. Tom Lee believes that Ethereum is benefiting from two major long-term trends: first, Wall Street's ongoing push to tokenize real-world assets (RWA) and integrate them into the financial system; second, the rapidly growing demand for 'public, neutral blockchains' from Agentic AI systems. He noted that AI entities will require native internet financial infrastructure in the future, and Ethereum is at the core of this trend. Last week, Bitmine increased its holdings by approximately 26,790 Ethereum. As of May 10, 2026, its total Ethereum holdings reached 5,206,790, accounting for about 4.31% of the total Ethereum supply.

[Tom Lee: Crypto Spring Has Begun, Wall Street Tokenization and AI Will Continue to Drive Ethereum Demand]On May 11, Tom Lee, Chairman of Bitmine, stated in a shareholder letter that 'Crypto Spring has begun.' Despite the current market sentiment remaining pessimistic, cryptocurrency asset prices are steadily strengthening, resembling characteristics of the early stages of historical cycles. Tom Lee believes that Ethereum is benefiting from two major long-term trends: first, Wall Street's ongoing push to tokenize real-world assets (RWA) and integrate them into the financial system; second, the rapidly growing demand for 'public, neutral blockchains' from Agentic AI systems. He noted that AI entities will require native internet financial infrastructure in the future, and Ethereum is at the core of this trend. Last week, Bitmine increased its holdings by approximately 26,790 Ethereum. As of May 10, 2026, its total Ethereum holdings reached 5,206,790, accounting for about 4.31% of the total Ethereum supply.

Tom Lee: Crypto Spring Has Begun, Wall Street Tokenization and AI Will Continue to Drive Ethereum Demand

On May 11, Brent crude oil briefly surpassed $104 due to Iran's rejection of the U.S. peace framework and escalating tensions in the Strait of Hormuz, while Bitcoin fluctuated above $81,000. Analysts believe that the current cryptocurrency market is more driven by geopolitical factors rather than fundamentals. QCP Capital described the current market as 'at a crossroads,' with $84,000 seen as the next key resistance level for Bitcoin. Recent profit-taking has emerged following the inflow of ETF funds, expectations of increased corporate holdings, and optimistic sentiment surrounding the U.S. 'Clarity Act' stablecoin legislation, which previously propelled BTC into the $80,000 range. Laser Digital noted that the market had previously bet on a large-scale Bitcoin buy by Strategy, but after those expectations fell short, it triggered profit-taking sell-offs. Additionally, some enterprise-level BTC holders have slowed or paused their accumulation, further intensifying market pressure. Meanwhile, Ethereum became the main target of selling last week. Reports indicate that a whale holding approximately $1 billion in both BTC and ETH has been consistently selling ETH, leading to a noticeable underperformance of ETH relative to BTC. Although this address continued to transfer ETH to exchanges over the weekend, it has not yet triggered further sell-offs. On a macro level, U.S. non-farm payroll data for April exceeded expectations, alleviating short-term stagflation concerns for the Federal Reserve; the market is also focused on the upcoming CPI and PPI data to be released this week, as well as the progress of meetings between Trump and Chinese leaders in Beijing. According to CoinShares data, net inflows into digital asset investment products reached $857.9 million last week, marking the sixth consecutive week of net inflows.

[Bitcoin Stabilizes Above $81,000 Amid Iranian Tensions and Whale Selling Pressure]On May 11, Brent crude oil briefly surpassed $104 due to Iran's rejection of the U.S. peace framework and escalating tensions in the Strait of Hormuz, while Bitcoin fluctuated above $81,000. Analysts believe that the current cryptocurrency market is more driven by geopolitical factors rather than fundamentals. QCP Capital described the current market as 'at a crossroads,' with $84,000 seen as the next key resistance level for Bitcoin. Recent profit-taking has emerged following the inflow of ETF funds, expectations of increased corporate holdings, and optimistic sentiment surrounding the U.S. 'Clarity Act' stablecoin legislation, which previously propelled BTC into the $80,000 range. Laser Digital noted that the market had previously bet on a large-scale Bitcoin buy by Strategy, but after those expectations fell short, it triggered profit-taking sell-offs. Additionally, some enterprise-level BTC holders have slowed or paused their accumulation, further intensifying market pressure. Meanwhile, Ethereum became the main target of selling last week. Reports indicate that a whale holding approximately $1 billion in both BTC and ETH has been consistently selling ETH, leading to a noticeable underperformance of ETH relative to BTC. Although this address continued to transfer ETH to exchanges over the weekend, it has not yet triggered further sell-offs. On a macro level, U.S. non-farm payroll data for April exceeded expectations, alleviating short-term stagflation concerns for the Federal Reserve; the market is also focused on the upcoming CPI and PPI data to be released this week, as well as the progress of meetings between Trump and Chinese leaders in Beijing. According to CoinShares data, net inflows into digital asset investment products reached $857.9 million last week, marking the sixth consecutive week of net inflows.

Bitcoin Stabilizes Above $81,000 Amid Iranian Tensions and Whale Selling Pressure

[$OG Token Officially Launches and Opens Trading at 15:18 (UTC+8) on May 12: The Sole Settlement Token of the OG Agent Global Ecosystem]

$OG Token Officially Launches and Opens Trading at 15:18 (UTC+8) on May 12: The Sole Settlement Token of the OG Agent Global Ecosystem

On May 11, according to Tasnim News Agency: Iran announced that it has deployed a deep submersible submarine in the Strait of Hormuz.

[Iran Deploys Deep Submersible Submarine in Strait of Hormuz]On May 11, according to Tasnim News Agency: Iran announced that it has deployed a deep submersible submarine in the Strait of Hormuz.

Iran Deploys Deep Submersible Submarine in Strait of Hormuz

On May 11, BitMine increased its holdings by approximately 26,790 Ethereum last week. As of May 10, 2026, its total Ethereum holdings reached 5,206,790, accounting for about 4.31% of the total Ethereum supply. Currently, the total value of BitMine's cryptocurrency, cash, and other investment assets is approximately $13.4 billion, which includes $775 million in cash, 201 Bitcoins, $200 million in equity assets from Beast Industries, and an $88 million investment in Eightco Holdings (ORBS). Additionally, the amount of staked Ethereum is 4,712,917 (over 90% of total holdings), valued at approximately $11.1 billion, with an annualized staking yield of about $319 million.

[BitMine Increases ETH Holdings by 26,790, Total Staked Exceeds 4.71 Million]On May 11, BitMine increased its holdings by approximately 26,790 Ethereum last week. As of May 10, 2026, its total Ethereum holdings reached 5,206,790, accounting for about 4.31% of the total Ethereum supply. Currently, the total value of BitMine's cryptocurrency, cash, and other investment assets is approximately $13.4 billion, which includes $775 million in cash, 201 Bitcoins, $200 million in equity assets from Beast Industries, and an $88 million investment in Eightco Holdings (ORBS). Additionally, the amount of staked Ethereum is 4,712,917 (over 90% of total holdings), valued at approximately $11.1 billion, with an annualized staking yield of about $319 million.

BitMine Increases ETH Holdings by 26,790, Total Staked Exceeds 4.71 Million

BNY Mellon has announced the launch of compliant institutional-grade digital asset custody services in the Abu Dhabi Global Market (ADGM), aiming to position Abu Dhabi as a global digital finance hub. The service is designed to provide institutional clients with highly secure and scalable digital asset custody solutions. Initially, the service will support custody for Bitcoin and Ethereum, with plans to expand in subsequent phases to include stablecoins, tokenized real-world assets (RWA), and more regulated digital financial products. The project is still subject to final agreement confirmation and relevant regulatory approvals.

[BNY Mellon to Launch Digital Asset Custody Services in Abu Dhabi Global Market]BNY Mellon has announced the launch of compliant institutional-grade digital asset custody services in the Abu Dhabi Global Market (ADGM), aiming to position Abu Dhabi as a global digital finance hub. The service is designed to provide institutional clients with highly secure and scalable digital asset custody solutions. Initially, the service will support custody for Bitcoin and Ethereum, with plans to expand in subsequent phases to include stablecoins, tokenized real-world assets (RWA), and more regulated digital financial products. The project is still subject to final agreement confirmation and relevant regulatory approvals.

BNY Mellon to Launch Digital Asset Custody Services in Abu Dhabi Global Market

As of May 10, Eastern Time, BitMine's total cryptocurrency and cash holdings, including the "Moon Landing Plan," amount to $13.4 billion. BitMine holds 5,206,790 ETH (an increase of 26,659 ETH from last week), which represents 4.31% of the total Ethereum supply of 120.7 million ETH. Additionally, BitMine holds 201 BTC, shares in Beast Industries valued at $200 million, $88 million in Eightco Holdings (NASDAQ: ORBS), and $775 million in unsecured cash. As of May 10, 2026, the total amount of staked ETH by BitMine is 4,712,917 ETH, valued at $11.1 billion based on a price of $2,366 per ETH.

[BitMine Increases ETH Holdings by Over 26,000, Total Holdings Exceed 5.2 Million ETH]As of May 10, Eastern Time, BitMine's total cryptocurrency and cash holdings, including the "Moon Landing Plan," amount to $13.4 billion. BitMine holds 5,206,790 ETH (an increase of 26,659 ETH from last week), which represents 4.31% of the total Ethereum supply of 120.7 million ETH. Additionally, BitMine holds 201 BTC, shares in Beast Industries valued at $200 million, $88 million in Eightco Holdings (NASDAQ: ORBS), and $775 million in unsecured cash. As of May 10, 2026, the total amount of staked ETH by BitMine is 4,712,917 ETH, valued at $11.1 billion based on a price of $2,366 per ETH.

BitMine Increases ETH Holdings by Over 26,000, Total Holdings Exceed 5.2 Million ETH

In its recently unveiled manifesto, Nigerian presidential aspirant Asiwaju Bola Tinubu’s party — the All Progressives Congress (APC) — said it plans to “establish an advisory committee to review the existing regulatory environment governing blockchain technology and virtual asset services.” The APC, which is also the party of current Nigerian President Muhammadu Buhari, added that where necessary the committee will propose changes that bring about “a more efficient and business-friendly regulatory framework.”
According to the APC’s 80-page manifesto, the Tinubu government in fact wants to reform Nigeria’s policy towards information technology.
“We will reform government policy to encourage the prudent use of blockchain technology in finance and banking, identity management, revenue collection and the use of crypto assets,” an excerpt from the APC manifesto states.

Detail

【Nigerian presidential hopeful's party says it will review country's blockchain and crypto policy if elected】In its recently unveiled manifesto, Nigerian presidential aspirant Asiwaju Bola Tinubu’s party — the All Progressives Congress (APC) — said it plans to “establish an advisory committee to review the existing regulatory environment governing blockchain technology and virtual asset services.” The APC, which is also the party of current Nigerian President Muhammadu Buhari, added that where necessary the committee will propose changes that bring about “a more efficient and business-friendly regulatory framework.”
According to the APC’s 80-page manifesto, the Tinubu government in fact wants to reform Nigeria’s policy towards information technology.
“We will reform government policy to encourage the prudent use of blockchain technology in finance and banking, identity management, revenue collection and the use of crypto assets,” an excerpt from the APC manifesto states.

Nigerian presidential hopeful's party says it will review country's blockchain and crypto policy if elected

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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.

Nigerian presidential hopeful's party says it will review country's blockchain and crypto policy if elected

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