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David Sacks Reiterates Call to Repeal Biden-Era AI Dispersal Rule

10 hours ago

On May 9th, David Sacks, the White House cryptocurrency and artificial intelligence czar, emphasized in a post that "In order to win the artificial intelligence race, the diffusion rules of the Biden era for artificial intelligence must be abolished. The Trump administration will replace them with simpler rules to unleash America's innovation and ensure America's dominant position in the field of artificial intelligence." "The United States should serve as the gold standard and preferred partner in artificial intelligence for allies and strategic partners. If American companies are restricted by excessive regulations and foreign customers are unable to purchase technology, the US may risk losing global markets and influence. The US will continue to maintain its leadership position while strengthening the US technological ecosystem globally."
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HTX DeepThink: Bitcoin Returns to $100,000, Market Shows No Signs of Frenzy, Cautious of U.S.-China Trade Friction Risk

On May 9th, the HTX Researcher Chloe (@ChloeTalk1) stated in the latest HTX DeepThink column that although Bitcoin has returned to $100,000, the current market has not yet exhibited signs of a "frenzied rally." The Bitcoin options implied volatility (IV) remains within the 50%-55% range, which is significantly lower than the 80%+ level witnessed at the peak of previous bull markets; the CME Bitcoin futures open interest is approximately $14.8 billion, also lower than the $20 billion peak during Trump's election in 2020. Chloe pointed out that if the U.S. bond yield does not reach 4.8% again and ETF funds continue to flow in, BTC may fluctuate and consolidate in the $105,000 to $115,000 range, waiting for a new breakthrough opportunity. At the same time, she cautioned that attention should be paid to the uncertainty of trade negotiations between China and the U.S. as well as between Europe and the U.S.; if trade friction intensifies, it may exert pressure on market sentiment and crypto

12 minutes ago

MyShell announces that ShellAgent has successfully completed the MCP Multi-Server Integration Test

On May 9th, MyShell announced that its core creation tool, ShellAgent, has successfully completed the integration and testing of multiple key servers of MCP. Creators can seamlessly call BNB Chain, GitHub, OpenAI, Gemini, Figma, and other MCP through ShellAgent's Widgets, which significantly improves the creation efficiency and capability boundary of the AI Agent. The combination of MyShell and MCP is aimed at redefining the development paradigm of on-chain intelligence and AI applications, further solidifying MyShell's leading position as an aggregation platform for AI consumers.

12 minutes ago

A whale has transferred 23.46 million USDC to Hyperliquid in the past 27 hours, taking a 5x leverage short position on 1.875 million HYPE tokens.

On May 9th, according to the on-chain analyst Embermonitor, a particular whale with the address 0x20b withdrew a total of 23.46 million USDC from Binance to Hyperliquid within the past 27 hours. Subsequently, it opened a short position with 5 times leverage for 1.875 million HYPE, and the position value was 45.77 million US dollars. The entry price was $20.4, and the liquidation price is $30. Currently, the loss has reached as high as $7.43 million (-32%).

12 minutes ago

Bybit registered users surpass 70 million, continuing to advance global compliance and institutional business expansion

On May 9th, Bybit, which ranks second in the world in terms of trading volume among cryptocurrency exchanges, announced that its registered users have exceeded 70 million. This significant milestone indicates the continuous growth of its global user base, encompassing both retail and institutional clients. The Co-Founder and CEO of Bybit stated that the company will continue to strengthen its compliance efforts, optimize its institutional-grade infrastructure, and drive user-centric innovation. In terms of global compliance, Bybit is actively collaborating with regulatory authorities around the world. Recently, it has held discussions with the Ministry of Finance of Vietnam and participated in the local regulatory sandbox program. In key jurisdictions such as the UAE, significant progress has also been made to enhance platform transparency. Regarding institutional services, Bybit is accelerating the expansion of its professional client base. It has recently entered into an integratio

12 minutes ago

DOOD opened on-chain at 0.0419 USD, currently trading at 0.0123 USD.

On May 9th, based on GMGN data, DOOD opened on-chain at 0.0419 USD and is currently trading at 0.0123 USD.

12 minutes ago

Gate.io Launchpad launches Puffverse (PFVS), with a total subscription amount of 10 million PFVS coins.

On May 9th, according to an official announcement, Gate.io Launchpad is set to launch Puffverse (PFVS) from May 13th at 11:00 to May 16th at 20:00 (in UTC+8). Users can subscribe to the PFVS token with USDT, and the subscription price is 0.07 USDT. The total subscription amount is 10 million tokens, and the individual subscription limit is 10,000 PFVS tokens.

12 minutes ago