U.S. Treasury Secretary: Senate Rejection of Stablecoin Bill Could Stifle Innovation

On May 9th, as monitored by on-chain analyst Yu Jin, a whale address 0x3c9 has accumulated 2 trillion PEPE over the past 9 days. With the current bounce, it is now sitting on an unrealized gain of up to $7.66 million. The whale began to take profits 20 minutes ago by transferring 500 billion PEPE (approximately $6.34 million) to Binance. Currently, the whale still holds 1.5 trillion PEPE, which is worth $19.2 million.

On May 9th: U.S. President Trump declared that the costs have decreased and there is no inflation. This is in sharp contrast to what the Fed and the false news media "hope" for. (Xinhua)

On May 9th, when the U.S. stock market opened, the Dow increased by 0.19%, the S&P 500 rose by 0.35%, and the Nasdaq went up by 0.58%.

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

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.

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%).