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On May 13, according to CCTV News, U.S. President Donald Trump will arrive in Beijing aboard his special plane.

[Trump Arrives in Beijing]On May 13, according to CCTV News, U.S. President Donald Trump will arrive in Beijing aboard his special plane.

Trump Arrives in Beijing

On May 13, Bloomberg Senior ETF Analyst Eric Balchunas (@EricBalchunas) posted on social media, stating that since March this year, the Bitcoin Spot ETF IBIT has significantly outperformed the Gold ETF GLD, leading by a margin of 33 percentage points. In terms of capital flows, IBIT recorded a net inflow of $4.2 billion during this period, while GLD experienced a net outflow of $9 billion, resulting in a combined capital flow gap of up to $13 billion.

[Analyst: Bitcoin Spot ETF IBIT Significantly Outperforms Gold ETF GLD]On May 13, Bloomberg Senior ETF Analyst Eric Balchunas (@EricBalchunas) posted on social media, stating that since March this year, the Bitcoin Spot ETF IBIT has significantly outperformed the Gold ETF GLD, leading by a margin of 33 percentage points. In terms of capital flows, IBIT recorded a net inflow of $4.2 billion during this period, while GLD experienced a net outflow of $9 billion, resulting in a combined capital flow gap of up to $13 billion.

Analyst: Bitcoin Spot ETF IBIT Significantly Outperforms Gold ETF GLD

On May 13, Nebius, a stock held by NVIDIA, surged over 13% in pre-market trading. The company reported first-quarter revenue of $399 million, a year-on-year increase of 684%.

[NVIDIA Portfolio Stock Nebius Rises Over 13% in Pre-Market Trading]On May 13, Nebius, a stock held by NVIDIA, surged over 13% in pre-market trading. The company reported first-quarter revenue of $399 million, a year-on-year increase of 684%.

NVIDIA Portfolio Stock Nebius Rises Over 13% in Pre-Market Trading

On May 13, Charles Hoskinson, the founder of Cardano, recently commented on the removal of Clause 604 from the CLARITY Act. Hoskinson stated that if developers create open-source software and make it available to the world, but someone uses that software without their consent, holding the developers permanently liable is akin to a "dystopian nightmare." His remarks reflect concerns among some in the cryptocurrency industry regarding the liability provisions for open-source developers in the bill.

[Cardano Founder Claims Clause 604 of CLARITY Act May Hinder Open Source Innovation]On May 13, Charles Hoskinson, the founder of Cardano, recently commented on the removal of Clause 604 from the CLARITY Act. Hoskinson stated that if developers create open-source software and make it available to the world, but someone uses that software without their consent, holding the developers permanently liable is akin to a "dystopian nightmare." His remarks reflect concerns among some in the cryptocurrency industry regarding the liability provisions for open-source developers in the bill.

Cardano Founder Claims Clause 604 of CLARITY Act May Hinder Open Source Innovation

On the evening of May 13, President Trump will arrive in Beijing aboard a special aircraft.

[President Trump to Arrive in Beijing]On the evening of May 13, President Trump will arrive in Beijing aboard a special aircraft.

President Trump to Arrive in Beijing

Nasdaq-listed company Upexi announced a net loss of $109.3 million for the quarter ending March 31, 2026, compared to a net loss of $3.8 million for the same period last year. The company stated that the net loss was primarily due to an unrealized loss of $92.3 million on digital assets. According to the latest earnings report released by the company on Tuesday, Upexi generated total revenue of $4.6 million for the quarter ending March 31, 2026, up from $3.2 million in the same period last year. Despite the revenue growth, the company reported a net loss of $109.3 million for the quarter, compared to a net loss of $3.8 million in the same quarter of 2025. The loss per share was $1.67, compared to a loss of $2.87 per share in the same period last year. As of the end of March, the Nasdaq-listed company held 2.36 million SOL tokens, with a fair value of $184.9 million. The company's staking income for the quarter totaled $3.5 million. The company also announced the completion of a $36 million private placement of convertible bonds in exchange for 265,500 locked SOL tokens.

[Upexi Reports Q1 Net Loss of $109.3 Million, Holds 2.36 Million SOL Tokens]Nasdaq-listed company Upexi announced a net loss of $109.3 million for the quarter ending March 31, 2026, compared to a net loss of $3.8 million for the same period last year. The company stated that the net loss was primarily due to an unrealized loss of $92.3 million on digital assets. According to the latest earnings report released by the company on Tuesday, Upexi generated total revenue of $4.6 million for the quarter ending March 31, 2026, up from $3.2 million in the same period last year. Despite the revenue growth, the company reported a net loss of $109.3 million for the quarter, compared to a net loss of $3.8 million in the same quarter of 2025. The loss per share was $1.67, compared to a loss of $2.87 per share in the same period last year. As of the end of March, the Nasdaq-listed company held 2.36 million SOL tokens, with a fair value of $184.9 million. The company's staking income for the quarter totaled $3.5 million. The company also announced the completion of a $36 million private placement of convertible bonds in exchange for 265,500 locked SOL tokens.

Upexi Reports Q1 Net Loss of $109.3 Million, Holds 2.36 Million SOL Tokens

On May 13, AllScale, a self-custody stablecoin digital bank, officially announced its participation as a core partner in the '0G AI Alliance Million Token Carnival.' This event is jointly initiated by 0G and other ecological projects such as NeoSoul, with participants including various AI × Web3 projects like Ghast AI, MoonFun, Primus Labs, GM.town, DGrid AI, YOMIRGO, and Cregis. AllScale will allocate a reward pool of 1,000,000 points to the community, allowing users to complete tasks such as following official accounts and joining communities through the Galxe and TaskOn platforms to share in the rewards. AllScale stated that AI has transitioned from the generative tool phase to the agent phase, where AI Agents are handling real value and participating in actual economic circulation, thus creating new demands for truly usable and trustworthy banking infrastructure. As the only stablecoin payment and digital banking project in this alliance, AllScale offers a complete suite of financial tools, including wallets, acquiring, invoicing, and KYB/KYT compliance checks, targeting small and medium enterprises, independent entrepreneurs, and AI Agents. All assets are stored in a self-custody manner, with private keys controlled by users rather than the platform, ensuring ownership, security, and privacy of funds at the foundational level. AllScale emphasizes that participating in the 0G AI Alliance Carnival is not only a cross-project collaboration but also a critical milestone in its implementation of the 'Agent Economy.' In the future, AllScale will continue to expand its product capabilities around agency economic scenarios and work collaboratively with the 0G ecosystem and more AI × Web3 projects to promote the realization of verifiable and settleable financial infrastructure for agents.

[AllScale Joins '0G AI Alliance Million Token Carnival' as Core Partner]On May 13, AllScale, a self-custody stablecoin digital bank, officially announced its participation as a core partner in the '0G AI Alliance Million Token Carnival.' This event is jointly initiated by 0G and other ecological projects such as NeoSoul, with participants including various AI × Web3 projects like Ghast AI, MoonFun, Primus Labs, GM.town, DGrid AI, YOMIRGO, and Cregis. AllScale will allocate a reward pool of 1,000,000 points to the community, allowing users to complete tasks such as following official accounts and joining communities through the Galxe and TaskOn platforms to share in the rewards. AllScale stated that AI has transitioned from the generative tool phase to the agent phase, where AI Agents are handling real value and participating in actual economic circulation, thus creating new demands for truly usable and trustworthy banking infrastructure. As the only stablecoin payment and digital banking project in this alliance, AllScale offers a complete suite of financial tools, including wallets, acquiring, invoicing, and KYB/KYT compliance checks, targeting small and medium enterprises, independent entrepreneurs, and AI Agents. All assets are stored in a self-custody manner, with private keys controlled by users rather than the platform, ensuring ownership, security, and privacy of funds at the foundational level. AllScale emphasizes that participating in the 0G AI Alliance Carnival is not only a cross-project collaboration but also a critical milestone in its implementation of the 'Agent Economy.' In the future, AllScale will continue to expand its product capabilities around agency economic scenarios and work collaboratively with the 0G ecosystem and more AI × Web3 projects to promote the realization of verifiable and settleable financial infrastructure for agents.

AllScale Joins '0G AI Alliance Million Token Carnival' as Core Partner

On May 13, the U.S. Senate Banking Committee will hold a committee review of the Cryptocurrency Market Structure Act (the CLARITY Act) at 10:30 AM Eastern Time on May 14 (Thursday). This is a critical step in the legislative process, and if passed, the CLARITY Act will advance to a full Senate vote. Aave founder Stani Kulechov stated that the latest version of the CLARITY Act is crucial for DeFi, as it will provide clearer legal protections and developer safeguards for DeFi developers in the U.S. If the U.S. wishes to maintain its lead in the DeFi space, the regulatory framework must allow developers to build and maintain decentralized protocols, rather than imposing unenforceable obligations more suited to centralized models on DeFi developers. He believes that if the U.S. successfully establishes this framework, other regions around the world may follow suit. He also noted that, compared to revenue issues, it is more important that the CLARITY Act could bring new growth to DeFi, similar to how the GENIUS Act has promoted the development of stablecoins.

[U.S. Senate Banking Committee to Review CLARITY Act Tomorrow]On May 13, the U.S. Senate Banking Committee will hold a committee review of the Cryptocurrency Market Structure Act (the CLARITY Act) at 10:30 AM Eastern Time on May 14 (Thursday). This is a critical step in the legislative process, and if passed, the CLARITY Act will advance to a full Senate vote. Aave founder Stani Kulechov stated that the latest version of the CLARITY Act is crucial for DeFi, as it will provide clearer legal protections and developer safeguards for DeFi developers in the U.S. If the U.S. wishes to maintain its lead in the DeFi space, the regulatory framework must allow developers to build and maintain decentralized protocols, rather than imposing unenforceable obligations more suited to centralized models on DeFi developers. He believes that if the U.S. successfully establishes this framework, other regions around the world may follow suit. He also noted that, compared to revenue issues, it is more important that the CLARITY Act could bring new growth to DeFi, similar to how the GENIUS Act has promoted the development of stablecoins.

U.S. Senate Banking Committee to Review CLARITY Act Tomorrow

On May 13, Bitwise Chief Investment Officer Matt Hougan stated that recent blockchain projects focused on stablecoins and asset tokenization, including Circle's Arc, Canton Network, and Tempo supported by Stripe, have collectively raised over $1 billion in funding, reflecting three structural changes in the crypto industry. Hougan pointed out that, firstly, there is an increasing demand for on-chain privacy from institutions. Arc, Canton, and Tempo all emphasize native transaction privacy, rather than the default transparency seen in Ethereum and Solana. They believe that fully public on-chain data could become a burden for scenarios such as corporate cash flow and payroll, leading institutions to push for privacy-focused blockchain infrastructure more suited to financial operations. Secondly, he noted that the U.S. GENIUS Act, expected to pass in July 2025, has broken the regulatory deadlock that previously suppressed institutional financing, allowing institutional capital to rapidly enter the stablecoin and tokenization space. He stated that the next key catalyst in the market is the CLARITY Act, which, if passed, could further promote the development of tokenization and compliant financial infrastructure. Additionally, Hougan pointed out that traditional financial giants are accelerating their entry into on-chain infrastructure competition. For instance, Canton is backed by institutions such as Goldman Sachs, Citadel, DTCC, and Nasdaq; Tempo has participation from Stripe, Visa, and OpenAI; and Arc is driven by Circle, the issuer of USDC. However, he does not believe that traditional institutions will replace the crypto-native ecosystem, but rather that this new competition will raise industry standards and attract more capital into the blockchain and tokenization market.

[Bitwise CIO: The GENIUS Act Has Driven Crypto Financing, the CLARITY Act May Be the Next Key Catalyst]On May 13, Bitwise Chief Investment Officer Matt Hougan stated that recent blockchain projects focused on stablecoins and asset tokenization, including Circle's Arc, Canton Network, and Tempo supported by Stripe, have collectively raised over $1 billion in funding, reflecting three structural changes in the crypto industry. Hougan pointed out that, firstly, there is an increasing demand for on-chain privacy from institutions. Arc, Canton, and Tempo all emphasize native transaction privacy, rather than the default transparency seen in Ethereum and Solana. They believe that fully public on-chain data could become a burden for scenarios such as corporate cash flow and payroll, leading institutions to push for privacy-focused blockchain infrastructure more suited to financial operations. Secondly, he noted that the U.S. GENIUS Act, expected to pass in July 2025, has broken the regulatory deadlock that previously suppressed institutional financing, allowing institutional capital to rapidly enter the stablecoin and tokenization space. He stated that the next key catalyst in the market is the CLARITY Act, which, if passed, could further promote the development of tokenization and compliant financial infrastructure. Additionally, Hougan pointed out that traditional financial giants are accelerating their entry into on-chain infrastructure competition. For instance, Canton is backed by institutions such as Goldman Sachs, Citadel, DTCC, and Nasdaq; Tempo has participation from Stripe, Visa, and OpenAI; and Arc is driven by Circle, the issuer of USDC. However, he does not believe that traditional institutions will replace the crypto-native ecosystem, but rather that this new competition will raise industry standards and attract more capital into the blockchain and tokenization market.

Bitwise CIO: The GENIUS Act Has Driven Crypto Financing, the CLARITY Act May Be the Next Key Catalyst

On Apr 21, a total of 63,561 users collected 299,665 Primebox cards and split $55,982.9 out of the event’s prize pool. The remaining prize pool amount is $758,058.89.

Other amazing prizes including Primebox Easter eggs, point cards, Huobi Earn APY booster coupons and Easter-limited NFTs are also up for grabs in the event.

Join Primebox x Easter to share $1,000,000 and all these prizes now!

Detail

【$1,000,000 is being shared in Primebox x Easter!】On Apr 21, a total of 63,561 users collected 299,665 Primebox cards and split $55,982.9 out of the event’s prize pool. The remaining prize pool amount is $758,058.89.

Other amazing prizes including Primebox Easter eggs, point cards, Huobi Earn APY booster coupons and Easter-limited NFTs are also up for grabs in the event.

Join Primebox x Easter to share $1,000,000 and all these prizes now!

$1,000,000 is being shared in Primebox x Easter!

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$1,000,000 is being shared in Primebox x Easter!

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

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