Kalshi has announced its partnership as the Official Prediction Market of Madison Square Garden.
On May 9, prediction market Kalshi announced a partnership with Madison Square Garden (MSG), becoming the venue’s official prediction market partner. The sixth-floor lobby of MSG will be officially renamed the Kalshi Concourse, which will primarily host merchandise sales, dining options, and bars.
7 minutes ago
Strike CEO: Wall Street Can't Threaten Bitcoin, Traditional Financial Institutions' Involvement Is an Inevitable Process
On May 9, Strike CEO Jack Mallers told the *What Bitcoin Did* podcast that large-scale Wall Street participation in Bitcoin won’t threaten its core principles.
He noted that if Wall Street could “kill” Bitcoin, the cryptocurrency never had the potential to succeed. Bitcoin’s essence, he said, is a “currency for everyone”—inclusive of all, including adversaries and traditional institutions.
Mallers emphasized Bitcoin is competing with global capital: assets like real estate, art, and government debt will be demonetized while Bitcoin is monetized. Traditional financial institutions’ involvement, he argued, is an inevitable outcome—not a threat.
While some Bitcoin supporters worry institutional control could impact the crypto’s development, the billions of dollars flowing into Bitcoin ETFs is seen as a positive sign of mainstream adoption.
7 minutes ago
Binance Meme Tweet Sparks Surge in Two Major Same-Name Meme Coins, Aura Market Cap Skyrockets by 350%
May 9th — Per GMGN monitoring, Binance this morning posted a meme image captioned "aura maxxxxing" across its social media platforms, triggering a surge in on-chain prices for two Solana-based meme coins sharing the same names.
Both **aura** and **maxxing** saw sharp gains throughout the day, with the rally extending into noon:
- **aura**: Market cap hit a peak of $40 million, notching an all-time high with over 350% gains. It currently trades at a $39 million market cap, with $7.9 million in daily trading volume.
- **maxxing**: Market cap peaked at $77 million, surging nearly 100%. It now trades at $61 million, with $2.5 million in daily volume.
BlockBeats notes that meme coin trading is highly volatile, often driven by market sentiment and hype rather than actual value or utility. Investors are advised to exercise caution amid these risks.
(Links retained as per original context:
[GMGN monitoring](https://t.me/gmgnaibot?start=i_m4TE56o8)
[aura](https://gmgn.ai/sol/to
7 minutes ago
Bitunix Analyst: Markets Remain Cautious Ahead of Nonfarm Payrolls as BTC Loses $80K Liquidity Support
May 9: Markets are fully focused on tonight’s U.S. April nonfarm payrolls report. Consensus estimates call for 62,000 new jobs added—well below the prior 178,000 reading, signaling a gradual cool-down in the U.S. labor market. However, the latest ADP employment report showed 109,000 jobs added, beating expectations, prompting markets to reassess whether labor conditions remain more resilient than anticipated.
At this point, the market’s top focus is no longer whether the economy will enter an immediate recession, but if the current “low hiring, low layoffs” dynamic can persist. If unemployment stays low and wage growth remains sticky, the Federal Reserve will have more flexibility to keep interest rates higher for longer. Recent comments from Fed officials including Hammack and Collins have continued to signal support for holding rates steady.
On the geopolitical front: While the U.S. and Iran have seen renewed clashes near the Strait of Hormuz, both sides are still leaving room
7 minutes ago
United States Bank: Fed Unlikely to Cut Rates Before 2027
May 9 — Bank of America’s latest forecast projects the Federal Reserve will hold off on interest rate cuts until the second half of 2027, citing persistent high inflation and robust job growth as key drivers.
BofA’s Global Research team had previously predicted rate cuts in September and October of this year, hinging on the assumption that former President Trump’s nomination of Kevin Warsh to replace Jerome Powell as Fed chair would usher in a more dovish monetary policy stance. But as economic conditions have shifted, that outlook has changed.
BofA economists now note: “We no longer expect the Fed to cut rates at all this year.” They also highlight that several economic headwinds — including the Iran conflict, tariffs, and the rise of artificial intelligence — have made forecasting rate moves increasingly challenging.
Notably, larger divergences in Fed rate decisions typically lead to longer stretches of unchanged policy. At the Fed’s latest FOMC meeting in April 2026, an 8-4
7 minutes ago
Trader Loracle Tops Hyperliquid Profit Leaderboard with $11 Million Weekly Gain on Early ZEC and TON Longs
On May 9th, per Coinbob Popular Address Tracker (link: https://t.me/Coinbob_track_CN), on-chain trader Loracle topped Hyperliquid’s weekly contract profit rankings with over $11 million in gains over the past seven days.
His key profit drivers included long positions in ZEC and TON, plus a crude oil short position. Both his long and short positions on WTI and Brent crude closed precisely at yesterday’s lows.
Currently, Loracle’s largest profitable positions are a $20.9 million ZEC long and a $9.6 million TON long—combining for $9.7 million in gains, with no reductions to these positions yet.
Notably, Loracle is Hyperliquid’s biggest long holder for ZEC and TON, and largest short holder for HYPE. His total account position size exceeds $100 million, with over $36 million in profits over six months. His latest trade: a 3x leveraged long position in AZTEC at an average entry price of $0.0246.
Address: 0x8def9f50456c6c4e37fa5d3d57f108ed23992dae
7 minutes ago
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