MicroStrategy bought another 2,530 $BTC($243M) at an average price of $95,972 last week!

**May 11 Flash: Hynix Hits Brief 2%+ Pullback Amid Korean Regulatory Scrutiny** Hynix on May 11 saw a brief pullback exceeding 2%, with its current trading price at 1.9 million Korean won. The chipmaker’s daily gain has pared from an intraday high of 15.6% to 12.4%—a move appearing tied to guidance from South Korea’s regulatory window. Earlier, South Korea’s market regulator noted it is closely tracking retail investors’ leveraged stock bets. Preemptive measures will be implemented if needed to preserve market stability, the agency added. --- Note: This version aligns with U.S. financial news conventions: - **Headline-first structure** (clear, scannable for quick updates) - **Concise phrasing** ("tied to" instead of "possibly affected by"; "intraday high" clarifies the gain’s peak timing) - **Market-friendly terms** ("bets" for "investments" is common in U.S. retail trading coverage; "chipmaker" contextualizes Hynix for general readers) - **Agency framing** ("the age

Bybit announced on May 11 that it has upgraded its Fixed Rate Loan product, enabling users to directly participate in token staking using their Flexible Earnings balance. During the matching period, funds will continue earning Flexible Earnings before automatically switching to the agreed fixed-term earnings once a match is successful—no manual action required. This upgrade addresses the issue of idle funds during the token staking waiting period. Previously, users had to hold funds in their accounts without earning interest while waiting for a match. Post-upgrade, users can choose to stake using their Flexible Earnings balance, funds account, or a combination of both. Flexible Earnings funds will be frozen during staking but will keep accruing interest. Once a match is successful, the system will automatically redeem and transfer the funds, seamlessly connecting Flexible Earnings and fixed-term earnings.

On May 11, South Korea’s market regulator said it is closely monitoring leveraged stock investments by retail investors. Preemptive measures will be taken if needed to maintain market stability. (FXStreet)

May 11 — Crypto analyst Murphy stated that Bitget’s second IPO Prime will be announced tonight at 6:00 PM. On-chain data shows: The preOPAI token was minted on the Solana blockchain by Republic on May 7, with the first batch of 29,082 tokens sent to the project’s custody account. The top-level instruction was “Mint_securities,” and the caller was 4X79YR...zMJwr3 (Republic’s Access Token issuance program) — just one step away from the final distribution before Bitget IPO Prime’s official launch. Based on on-chain minting data and the prior preSPAX token (a Bitget-Republic collaboration), the second IPO Prime is highly likely tied to an OpenAI-related project.

On May 11, renowned trader and chart analyst Peter Brandt—who correctly predicted the 2018 Bitcoin crash—shared a weekly SUI chart this morning, noting that SUI is now at “an important bottom” and will see significant price gains from current levels. Notably, this marks Brandt’s first bullish call on SUI. He has previously analyzed tokens like ETH, XRP, and BCH, though his track record with such calls has been inconsistent.

May 11 — South Korea’s National Tax Service (NTS) is developing an AI system with a budget of roughly $2.2 million to monitor crypto transactions and target tax evaders. Slated for completion by late 2026, the system will combine exchange transaction records with blockchain data to flag suspicious activity (including money laundering, undeclared gifts, and offshore tax evasion) and extend monitoring to non-custodial wallets. The NTS is currently coordinating with the top five centralized crypto exchanges (CEXs) — Upbit, Bithumb, and three others — to finalize implementation details, with final tax guidelines also slated for release by late 2026. A survey from South Korea’s Financial Services Commission (FSC) found the country has over 11 million verified crypto investors, though growth has slowed: the growth rate of tradable crypto accounts fell from 25% in H1 2024 to 3% in H2 2024.