10 #Bitcoin ETFs outflows 4,964 $BTC(-$458.3M) and 9 #Ethereum ETFs outflows 4,701 $ETH(-$15.21M) yesterday.

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.

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.

May 9: Influential KOL Han Ba addressed the sat1 pump-and-dump incident in an X post, noting: - He only participated as a trader and has no ties to the sat1 token project itself. - sat1’s pump was only discussed in one group; other groups amplified it by sharing the message, with the goal of generating liquidity. - The pump was intended to outperform sato and drive mutual gains for sat1 holders, but he underestimated primary market competition and failed to build a unified front. - His current sat1 holdings are nearly break-even: he paid 565 ETH for them, and they’re now worth 543 ETH. He outlined his response to the incident: - Immediately sell all his sat1 holdings. - Use the ETH from the sale to compensate users who lost money. - Stop defending his own profit/loss status. - Exit the crypto space once the matter is resolved. Per GMGN Market data, sat1’s market cap is $1.2 million as of press time, down from a previous peak of $8.4 million.

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

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

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