A whale swapped 40 BTC for 1,384.6 ETH and transferred the funds via Tornado Cash.
On May 10, according to Onchain Lens monitoring, a whale exchanged 40 BTC for 1,384.6 ETH via THORChain, valued at 3.23 million USD.
Subsequently, the funds were transferred through Tornado Cash.
[PANews]
Aramco CEO: Global oil supply to decrease by approximately 1 billion barrels in two months
Saudi Aramco President and CEO Amin Nasser said on the 10th that global oil supplies have decreased by about 1.00 billion barrels in the past two months. Nasser said in an interview with the media that even if energy flows return to normal, it will take some time for the entire system to return to normal.
Saudi Aramco said that the East-West oil pipeline is an important supply artery, which helps alleviate the global energy shock and provides certain guarantees for customers affected by shipping restrictions in the Strait of Hormuz.
[Golden Ten]
A newly created wallet withdrew 843 PAXG from Binance, worth $3.98 million.
According to Onchain Lens monitoring, a newly created wallet withdrew 843 PAXG from Binance, worth 3.98 million USD.
[Odaily Planet Daily News]
Trump: I did not say that hostile actions against Iran have ended.
U.S. President Trump stated, “We are monitoring the enriched uranium buried by Iran under rubble, and the U.S. Space Force will take over this mission. If anyone approaches the enriched uranium buried by Iran under rubble, we will know—and we will destroy it.”
I did not say that hostile actions against Iran have ended, but I did say they have been defeated.
[Jin10]
Iran’s response text to the US proposal focuses on ending the war on all fronts.
According to Iranian state media: Iran’s response text to the US proposal focuses on ending the war on all fronts, especially Lebanon.
Iranian President Pezeshkian wrote on social media that Iran will never yield to its enemies. He wrote: “If there is any discussion of dialogue or negotiation, it does not mean surrender or retreat. On the contrary, the goal is to guarantee the rights of the Iranian nation and defend national interests with a tough attitude.”
[Golden Ten Data]
Accel partner Dan Levine will step back from frontline duties; he previously led early-stage investments in Scale AI.
Venture capital firm Accel partner Dan Levine will gradually step down from his front-line duties at the company. Dan Levine has gained attention for leading early investments in star startups such as Scale AI and Vercel, and is an important member of Accel’s growth investment business.
Accel also has multiple investments in the crypto and Web3 space, including stablecoin cross-border trading startup OpenFX, programmable bank Pave Bank, and multi-asset investment platform Public.
[Odaily]
Enterprise blockchain infrastructure provider Antier Solutions has raised $3.00 million in funding, led by GVFL.
Antier Solutions, an enterprise blockchain infrastructure provider, announced the completion of a $3.00 million funding round, led by GVFL.
The new capital will be used to support the development of secure transactions, verifiable workflows, and institutional-grade blockchain infrastructure; expand deployments in the government and banking, financial services, and insurance (BFSI) sectors; and grow operations in the United States, Middle East, and Asia-Pacific markets.
[Foresight News]
Sam Altman: Different generations show a clear divide in ChatGPT usage, with young people seeing it as a life decision-making system.
On May 10th, according to Fortune, OpenAI CEO Sam Altman shared his views at the Sequoia Capital AI Summit, noting significant generational differences in how users of different age groups use ChatGPT. He stated that older groups mostly use ChatGPT as a substitute for the Google search engine, people in their twenties and thirties use it as a life advisor, and college students use it as a daily operating system in depth.
In the United States, more than one-third of young people aged 18 to 24 frequently use ChatGPT, relying on its conversational memory function to use it for emotional advice, workplace negotiations, medical consultations, and even major life decisions.
Sequoia Capital first invested in OpenAI in 2021, with a valuation of $140.00B at the time. After large private placements, its current valuation has reached $852.00B.
[PANews]
Sam Altman: Different generations use ChatGPT in distinctly different ways, with young people viewing it as a life decision-making system.
Sam Altman, CEO of OpenAI, shared insights at the Sequoia Capital AI Summit, highlighting significant generational differences in how users of different age groups interact with ChatGPT. He noted that older users tend to treat ChatGPT as a replacement for Google’s search engine; individuals in their twenties and thirties use it as a life coach; and college students integrate it deeply into their daily operating systems.
More than one-third of U.S. young adults aged 18 to 24 use ChatGPT frequently, leveraging its conversation memory feature for emotional advice, workplace negotiations, medical consultations, and even major life decisions.
Sequoia Capital made its first investment in OpenAI in 2021, when the company’s valuation stood at $140 billion; following substantial private funding rounds, its current valuation has reached $852 billion.
[Fortune]
U.S. Secretary of Energy Wright: The U.S. has temporarily suspended the “Freedom Plan” initiative
May 10th news, U.S. Energy Secretary Wright stated that the U.S. has briefly suspended the “Freedom Plan” operation.
[Zhitong Finance]
Iran’s response to the US proposal to end the war has been conveyed through Pakistan.
According to data from JIN10, citing the Islamic Republic News Agency (IRNA), Iran’s response to the U.S. proposal to end the war has been conveyed to the U.S. via Pakistan.
Under the proposed plan, negotiations at this stage will focus on ending the war.
[Foresight News]
Matthew Sigel, Head of Digital Asset Research at VanEck: BTC is expected to return to its all-time high within the next 12 months
Matthew Sigel, VanEck’s Head of Digital Asset Research, told CNBC that despite Bitcoin’s nearly 50% pullback from its 2025 highs, he expects BTC to reclaim its all-time high within the next 12 months.
Sigel believes current market sentiment remains relatively cautious—more akin to short-covering than extreme optimism—suggesting further upside potential remains.
Additionally, he notes that if the Clarity Act passes, it could accelerate institutional capital inflows into the crypto market. However, he remains cautious on altcoins overall, expressing stronger conviction in Bitcoin and AI-driven mining opportunities.
[Foresight News]
Iran’s response to the U.S. proposal to end the war has been conveyed through Pakistan.
On May 10, according to Jin10 citing the Islamic Republic News Agency (IRNA), Iran’s response to the U.S. proposal to end the war has been delivered via Pakistan.
[PANews]
Google and PayPal Executives: Cryptocurrency Payments Will Become the Foundational Infrastructure for Future AI Agent Businesses
PayPal and Google Cloud executives stated that future AI Agent-driven commercial activities will operate on cryptographic payment rails, as AI Agents cannot use traditional bank accounts like humans.
Richard Widmann, Google Cloud’s Head of Web3 Strategy, said AI Agents are unable to directly open bank accounts at both the technical and regulatory levels, whereas cryptocurrencies provide an “excellent machine-readable payment interface.” He revealed that Google has launched the open Agentic Payments Protocol (AP2) and donated it to the FIDO Foundation; over 120 partners—including PayPal—have already joined.
May Zabaneh, Senior Vice President of PayPal’s Crypto Business, stated that the company views AI Agents as the next-generation commercial gateway—following in-person, online, and mobile payments. She noted that PYUSD, PayPal’s stablecoin, provides a native programmable payment layer for AI-native payments and global transactions.
A PayPal survey shows that AI Agent traffic is already present on 95% of merchant websites, yet only about 20% of merchants maintain machine-readable product catalogs. Zabaneh emphasized that merchants must rapidly adapt to the AI Agent era—or risk missing the next wave of commercial infrastructure upgrades.
Additionally, both parties discussed security and accountability concerns surrounding AI Agents. Widmann stated that multi-party custody will become a critical solution for Agent fund management: AI Agents should not hold full private keys but instead possess only partial key shards, thereby reducing financial risk.
[CoinDesk]
Iran’s response to the US proposal focuses on “ending the war and maritime security”
Iran’s response to the U.S. proposal for ending the war focuses on ending the conflict and maritime security in the Persian Gulf and the Strait of Hormuz. According to a report by the Islamic Republic News Agency (IRNA) on the 10th, citing a source familiar with the matter, Iran has formally submitted its response to Pakistan—the mediating party—to the U.S.’s latest proposal aimed at ending the war.
Negotiations at this stage will focus entirely on halting hostilities within the region. A Pakistani foreign ministry source confirmed on the 10th that, upon receiving Iran’s response that day, Pakistan had forwarded it to the U.S.
[Odaily]
Viewpoint: Bitcoin may return to its all-time high within the next 12 months, as central bank reserve trends drive its globalization.
Matthew Sigel, Head of Digital Asset Research at VanEck, said that he expects Bitcoin to retest its all-time high in the next 12 months, as the current correlation between BTC and the Nasdaq index is close to a five-year high, and the resilience of the US stock market provides support for this rebound.
However, there is no obvious optimism in the derivatives market. Futures and options trading more reflect short covering and hedging demand. From a reverse perspective, the Bitcoin rally may still have room for continuation.
Matthew Sigel also stated that a central bank has announced this year that it will include Bitcoin in its foreign exchange reserves, meaning that BTC is gradually evolving into a global asset that can be used for large cross-border settlements, which will become a long-term trend. In terms of investment direction, he is more optimistic about the further increase in Bitcoin’s market share and Bitcoin mining companies that benefit from the AI integration trend. He believes that mining companies are gradually becoming important beneficiaries of AI infrastructure, and as AI-related businesses grow, the pressure on mining companies to finance through the sale of BTC is also decreasing.
In addition, Matthew Sigel believes that if the “CLARITY Act” is finally passed, it may revive the sentiment of the altcoin market, but most institutional investors are still cautious about most altcoins due to regulatory and investor protection issues.
[Odaily]
Michael Saylor releases Bitcoin Tracker information again;增持 data may be disclosed next week
Strategy founder Michael Saylor once again released information related to the Bitcoin Tracker.
Based on previous patterns, Strategy always discloses its increased Bitcoin holdings the day after relevant news is released.
[ChainCatcher]
Today’s Market Pulse
Geopolitical tensions in the Middle East are creating divergent market reactions, with traditional commodities seeing supply shocks while digital assets exhibit resilience as institutional whale activity continues.
Key Themes
Middle East Flashpoints
Oil supply has decreased by approximately 1 billion barrels in two months according to Aramco CEO, creating significant market uncertainty. Meanwhile, Iran’s response to US proposals focuses on ending hostilities, with Pakistan serving as the intermediary channel. While tensions persist, signals suggest potential de-escalation pathways that could impact risk sentiment across markets.
Crypto-AI Nexus
Google and PayPal executives predict cryptocurrency will become foundational infrastructure for future AI agent businesses, as traditional banking systems cannot accommodate AI entities. The launch of Google’s Agentic Payments Protocol with over 120 partners including PayPal signals institutional recognition of this convergence, with PYUSD positioned as a native payment layer for AI-driven commerce.
Institutional Bitcoin Conviction
Despite Bitcoin’s 50% pullback, VanEck’s Head of Digital Asset Research Matthew Sigel expects BTC to reclaim its all-time high within 12 months, citing central bank reserve adoption as a key driver. Whale movements like the 40 BTC to 1,384.6 ETH swap via THORChain and subsequent Tornado Cash transfer indicate sophisticated positioning. Michael Saylor’s upcoming Bitcoin Tracker disclosure may further signal institutional accumulation.
RichSilo Verdict
Smart money should monitor the Iran-US diplomatic channels as any de-escalation could trigger risk-on sentiment across both traditional and crypto markets. The convergence of AI and crypto represents a structural catalyst that may outperform short-term price movements. Key catalysts include the potential passage of the CLARITY Act, which could accelerate institutional inflows, while the growing integration of AI in Bitcoin mining operations presents a compelling value proposition beyond pure price appreciation.
