Reportedly, Anthropic signed a $200.00B Google Cloud contract, and Alphabet’s market value once surpassed Nvidia’s.
Alphabet’s after-hours stock price surged sharply, briefly pushing its market capitalization ahead of NVIDIA, driven by a report stating that Anthropic has committed to paying Google Cloud $200 billion over five years.
If this deal is genuine, Anthropic will contribute over 40% of Google’s future contracted cloud revenue.
[ChainCatcher]
Upbit will list the WIF/KRW pair.
According to an official announcement, Upbit will list the WIF/KRW trading pair.
[Odaily Planet Daily]
KelpDAO migrates rsETH to Chainlink CCIP, continuing to blame LayerZero for the $292 million attack incident
Kelp DAO has announced the migration of its restaked token rsETH to Chainlink CCIP, stating that this move is to enhance security. Previously, Kelp DAO’s cross-chain bridge built on LayerZero was attacked on April 18, with hackers stealing approximately 116,500 rsETH, involving an amount of approximately $292.00 million, and using the related assets as collateral to borrow WETH on Aave v3.
Regarding the cause of the vulnerability, LayerZero previously stated that the problem stemmed from Kelp DAO’s use of a single DVN verification path configuration, rather than multiple independent verifications. Kelp DAO responded that the configuration was the default setting, and LayerZero had confirmed its security and did not indicate any related risks.
LayerZero CEO Bryan Pellegrino subsequently denied the claim, saying that Kelp DAO had actively modified the default multi-DVN configuration. The two parties are still in ongoing dispute over the attribution of responsibility.
[Odaily]
Bitcoin Spot ETF saw a total net inflow of 467.35M USD yesterday, marking a 4 days of consistent inflow
According to SoSoValue data, Bitcoin spot ETF saw a total net inflow of 467.35M USD yesterday (Eastern Time, May 5th).
The Bitcoin Spot ETF with the highest net inflow yesterday was BlackRock’s ETF IBIT, with a daily net inflow of 251.43M USD, and the total historical net inflow of IBIT currently stands at 913.75M USD.
The second highest was Fidelity’s ETF FBTC, with a daily net inflow of 133.20M USD, and the total historical net inflow of FBTC currently stands at 11.40B USD.
The Bitcoin Spot ETF with the highest net outflow yesterday was Grayscale’s ETF GBTC, with a daily net outflow of 18.40M USD, and the total historical net outflow of GBTC currently stands at 26.31B USD.
As of the time of publication, the total net asset value of Bitcoin Spot ETFs is 108.98B USD, with an ETF net asset ratio (market capitalization relative to the total Bitcoin market cap) of 6.67%. The historical cumulative net inflow has reached 59.72B USD.
Source: https://sosovalue.com/zh/assets/etf/us-btc-spot
Ledger integrates Hyperliquid perpetual contract trading into its hardware wallet via Yield.xyz
Ledger has announced a partnership with non-custodial API Yield.xyz to launch perpetual contract trading within its wallet ecosystem. Yield’s Ledger interface will use decentralized trading platform HyperLiquid as its underlying platform.
Ledger is rolling out the feature to approximately 20% of users in select regions, “with a subsequent expansion of availability.” The feature is not available in certain regions, including the United Kingdom, the United States, France, Belgium, and Ontario, Canada. Yield.xyz has already provided support for Ledger’s yield and staking features.
[Foresight News]
Bitcoin spot ETFs saw a total net inflow of $467 million yesterday, marking the fourth consecutive day of net inflows.
According to SoSoValue data, the total net inflow into Bitcoin spot ETFs yesterday (May 5, Eastern Time) was $467 million.
The Bitcoin spot ETF with the highest single-day net inflow yesterday was BlackRock’s ETF IBIT, which saw a net inflow of $251 million. IBIT’s cumulative net inflow to date stands at $914 million. Second was Fidelity’s ETF FBTC, with a single-day net inflow of $133 million; FBTC’s cumulative net inflow to date totals $11.40 billion. The Bitcoin spot ETF with the largest single-day net outflow yesterday was Grayscale’s ETF GBTC, which experienced a net outflow of $18.40 million; GBTC’s cumulative net outflow to date totals $26.31 billion.
As of press time, the total net asset value (NAV) of Bitcoin spot ETFs stood at $108.98 billion, with the ETF net asset ratio (i.e., the proportion of ETF market cap relative to Bitcoin’s total market cap) reaching 6.67%. The historical cumulative net inflow has reached $59.72 billion.
[Foresight News]
Institution: The Federal Reserve is unlikely to raise interest rates, as it may harm the economy.
SEI analyst Jim Smigiel stated in a report that direct interest rate hikes are unlikely, given the Federal Reserve’s dual mandate to support both full employment and price stability, as such hikes could have potential negative impacts on the economy—and particularly on the labor market.
Other global central banks—such as the European Central Bank—are not formally assigned a dual mandate; therefore, they are more likely to focus intensely on price stability, making rate hikes more probable in those regions.
However, global central banks are expected to follow the Fed’s lead to some extent, as significant deviations from the Fed’s interest rate path could destabilize foreign exchange rates and capital markets in other regions.
[Odaily]
Data: Bitcoin spot ETFs saw a total net inflow of $467 million yesterday, marking the fourth consecutive day of net inflows.
According to SoSoValue data, the total net inflow for Bitcoin spot ETFs is $467 million.
The Bitcoin spot ETF with the highest single-day net inflow yesterday was BlackRock’s ETF IBIT, with a single-day net inflow of $251 million. IBIT’s cumulative historical net inflow currently stands at $914 million. Next is Fidelity’s ETF FBTC, with a single-day net inflow of $133 million; FBTC’s cumulative historical net inflow currently stands at $11.4 billion.
The Bitcoin spot ETF with the highest single-day net outflow yesterday was Grayscale’s ETF GBTC, with a single-day net outflow of $18.3967 million. GBTC’s cumulative historical net outflow currently stands at $26.307 billion.
As of press time, the total net asset value (NAV) of Bitcoin spot ETFs is $108.981 billion, the ETF net asset ratio (i.e., ETF market cap as a percentage of Bitcoin’s total market cap) is 6.67%, and the cumulative historical net inflow has reached $59.717 billion.
[ChainCatcher]
Bitcoin spot ETFs saw a total net inflow of $467 million yesterday, marking the fourth consecutive day of net inflows.
According to SoSoValue data, yesterday (May 5th, US Eastern Time), the total net inflow of Bitcoin spot ETFs was $467.00 million.
The Bitcoin spot ETF with the largest single-day net inflow yesterday was Blackrock’s ETF IBIT, with a single-day net inflow of $251.00 million. Currently, IBIT’s total historical net inflow has reached $914.00 million. The second largest was Fidelity’s ETF FBTC, with a single-day net inflow of $133.00 million, and FBTC’s total historical net inflow has reached $11400.00 million.
The Bitcoin spot ETF with the largest single-day net outflow yesterday was Grayscale’s ETF GBTC, with a single-day net outflow of $18.40 million. Currently, GBTC’s total historical net outflow has reached $26307.00 million.
As of press time, the total net asset value of Bitcoin spot ETFs is $108981.00 million, and the ETF net asset ratio (market value as a percentage of the total market value of Bitcoin) reached 6.67%, with a cumulative historical net inflow of $59717.00 million.
[Odaily]
Vitalik: Prediction markets are shifting toward decentralized oracles and non-financial oracle solutions.
Vitalik Buterin posted on the X platform that “the quality of prediction markets depends on their oracles,” and said that he is pleased to see prediction markets beginning to shift to decentralized and non-financialized oracle solutions. The next direction for the development of prediction markets should be to achieve private voting.
Vitalik Buterin’s tweet cited the controversial case on the prediction market platform Trueo regarding “Whether Polymarket’s launch of pUSD meets the requirement of releasing tokens in 2026,” where the jury voted to “reset the result” for a controversial market, believing that it was not yet suitable to resolve the market. Vitalik used this case to express his concern about the direction of improvement of the oracle mechanism.
[Foresight News]
Anchorage and Google Cloud launch agency banking services, allowing AI agents to access and transfer funds
On May 6, Anchorage, a crypto bank, partnered with Google Cloud to launch a correspondent banking service that enables AI agents to access and transfer funds without human intervention. Anchorage’s co-founder and CEO stated that this industry is poised to become a trillion-dollar market.
The new service provides AI agents with verifiable transaction identities, preset spending limits, permissions and policies, and auditability features to maintain compliance. Google Cloud will supply the intelligence layer, enabling AI agents to “discover, negotiate, and coordinate” with one another.
[Cointelegraph]
A whale deposited 4.10M USDC into HyperLiquid and opened a $8.00M SOL long position.
May 6th news, according to Onchain Lens monitoring, after being silent for 3 months, a whale deposited 4.10M USDC into HyperLiquid and opened a 2x long position of 92,161 SOL, worth $8.00M.
The whale also holds a 3x long position of 5,992 ETH, worth $14.00M.
[PANews]
OKX will list the BILL/USDT perpetual contract.
OKX announced that the BILLUSDT perpetual contract will officially launch on May 6 at 16:00 (UTC+8), with trading simultaneously available on the web platform, mobile app, and API.
Public information indicates that Billions Network is a network designed for human and AI verification scenarios, employing a mobile-first verification framework to scale the value internet.
[Odaily]
Federal Reserve Treasury holdings rise to $4.4 trillion, a new high since July 2024
The Federal Reserve’s holdings of Treasury bonds have increased to $4.4 trillion, the highest level since July 2024.
The Federal Reserve’s balance sheet has total assets of $6.7 trillion.
[Odaily]
A whale deposited 4.9970 million USDC into HyperLiquid to avoid liquidation, and its ZEC short position had a floating loss of $2.36 million.
On May 6th, according to Onchain Lens monitoring, as the price of ZEC rose, the whale “0x320” deposited 4.9970 million USDC into HyperLiquid to avoid liquidation.
The whale currently holds a 10x short position of 18,286 ZEC, with a floating loss of over $2.36 million, and the latest liquidation price is $855.34. The whale also holds a 21x short position of 61.69 BTC.
[PANews]
US Senator: Cryptocurrency Market Structure Legislation to Be Considered “Next Week,” Could Be Signed into Law Before July 4
May 6th news, according to Bitcoin Magazine, U.S. Senator Bernie Moreno said that they will review legislation on Bitcoin and the crypto market structure “next week.”
Moreno said, “We will send it to the President’s desk before the end of June, and he will sign it into law before July 4th.”
[PANews]
Ethereum spot ETFs saw a total net inflow of $97.57 million yesterday, marking the third consecutive day of net inflows.
May 6th news, according to SoSoValue data, the total net inflow of Ethereum spot ETFs yesterday (May 5th, US Eastern Time) was $97.5728 million.
The Ethereum spot ETF with the largest single-day net inflow yesterday was Blackrock’s ETF ETHA, with a single-day net inflow of $6948.0500 million, and the current total historical net inflow of ETHA reached $2419.5300 million.
The second is Fidelity’s ETF FETH, with a single-day net inflow of $24.2304 million, and the current total historical net inflow of FETH reached $2.3200 billion.
[PANews]
Gate April CandyDrop data released: Over 120,000 participations
Official data shows that Gate’s April CandyDrop section demonstrated strong overall activity. A total of seven projects were launched that month, with over 120,000 participations. Among them, the popular project OFC attracted more than 25,000 participants, ranking first in participation for the month.
Additionally, the CandyDrop campaign’s contract trading volume exceeded $1.39 billion, while its spot trading volume reached $236 million.
It is reported that Gate’s CandyDrop adopts an innovative “task-driven” model, allowing users to earn “candies” by completing diverse tasks such as trading, deposits, and inviting friends—and then redeem these candies for high-quality token airdrops. This enhances user engagement while helping users seize market opportunities.
[Odaily]
Today’s Market Pulse
Traditional finance giants are accelerating their crypto integration through institutional products, while AI and blockchain converge to create new financial infrastructure. Bitcoin and Ethereum ETFs continue to attract significant capital, signaling growing institutional acceptance despite evolving regulatory landscapes.
Key Themes
Institutional Adoption Accelerates
Major financial players are expanding their crypto offerings. BlackRock’s IBIT and Fidelity’s FBTC Bitcoin ETFs lead inflows, with Bitcoin spot ETFs seeing $467M in net inflows yesterday, marking the fourth consecutive day of positive flows. Simultaneously, Ethereum spot ETFs attracted $97.57M in inflows yesterday. This consistent institutional buying pressure suggests growing confidence in digital assets as part of mainstream portfolios.
AI and Blockchain Convergence
The boundaries between AI and blockchain are blurring with Google Cloud partnering with Anchorage to enable AI agents to access and transfer funds without human intervention. Additionally, Ledger has integrated Hyperliquid perpetual contract trading into its hardware wallet ecosystem through Yield.xyz. These developments signal the emergence of a new financial paradigm where AI agents can autonomously manage crypto assets, potentially creating trillion-dollar markets as predicted by Anchorage’s CEO.
Regulatory Evolution and Market Structure
Legislative developments are accelerating, with a US Senator indicating that cryptocurrency market structure legislation could be reviewed next week and signed into law before July 4th. Meanwhile, the Federal Reserve shows unlikely interest rate hikes due to concerns about economic impact, with Treasury holdings rising to $4.4 trillion. This evolving regulatory landscape, coupled with the Fed’s accommodative stance, could create favorable conditions for digital assets.
Security Posture and Cross-Chain Solutions
Following the $292 million attack on KelpDAO’s LayerZero bridge, the project is migrating to Chainlink CCIP for enhanced security. This incident highlights ongoing vulnerabilities in cross-chain infrastructure and underscores the growing importance of robust oracle solutions, a point emphasized by Vitalik Buterin regarding the need for decentralized oracles in prediction markets.
RichSilo Verdict
Smart money should monitor the ETF inflow trends as a leading indicator of institutional sentiment, with particular attention to BlackRock and Fidelity’s products as barometers of mainstream adoption. The convergence of AI and blockchain presents both opportunities and risks, as autonomous financial agents could revolutionize asset management but also introduce new attack vectors. Regulatory clarity in the US market could act as a significant catalyst, while the ongoing security disputes between projects like KelpDAO and LayerZero highlight the importance of due diligence in cross-chain infrastructure. The most promising opportunities likely lie at the intersection of institutional adoption, regulatory clarity, and innovative AI-blockchain integration.
