Strategy currently has a floating profit of $2.598B, and Bitmine currently has a floating loss of $6.289B.
According to on-chain analyst Yujin’s monitoring, Bitcoin treasury company Strategy (MSTR) unusually did not purchase BTC last week. They currently hold a total of 818,334 BTC ($64.413 billion), with an average cost price of $75,537, realizing an unrealized profit of $2.598 billion (+4.2%).
Ethereum treasury company Bitmine (BMNR) purchased 101,745 ETH ($235 million) last week at an approximate price of $2,311, bringing their current total holdings to 5,180,131 ETH ($12.08 billion), with an average cost price of $3,546, resulting in an unrealized loss of $6.289 billion (-34.2%).
[Odaily]
Circle’s French subsidiary has received MiCA approval to provide crypto asset custody and transfer services in the EU.
Stablecoin issuer Circle announced that its French entity, Circle France, has received approval from the French Financial Markets Authority (AMF) on April 20, 2026, to provide crypto-asset-related services under the EU’s Markets in Crypto-Assets Regulation (MiCA), marking a further expansion of Circle’s stablecoin and compliant payment infrastructure footprint in the EU.
This approval permits Circle France to offer custody and transfer services for its issued stablecoins—USD Coin (USDC) and Euro Coin (EURC)—in compliance with Article 60(4) of MiCA, and to make these services available to customers across the European Economic Area (EEA).
[PANews]
Today, US Bitcoin ETFs saw a net inflow of 7,524 BTC, and Ethereum ETFs saw a net inflow of 41,739 ETH.
On May 4, according to Lookonchain monitoring, U.S. Bitcoin ETFs saw a net inflow of 7,524 BTC, while Ethereum ETFs recorded a net inflow of 41,739 ETH.
Meanwhile, Solana ETFs experienced a net outflow of 11,767 SOL.
[PANews]
Circle France Granted Approval to Offer Crypto-Asset Services Under MiCA
Circle France has obtained approval from the French Financial Markets Authority to provide custody and transfer services for USDC and EURC within the European Economic Area under MiCA.
[Foresight News]
Kraken’s parent company, Payward, sues former custody partner Etana, accusing it of misappropriating $25.00 million in customer funds.
May 4th news, according to CoinDesk, Kraken’s parent company, Payward, filed a second amended complaint with the United States District Court for the District of Colorado, formally suing its former custody partner, Etana Custody, and its CEO, Dion Brandon Russell, alleging that they misappropriated more than $25.00 million in customer funds and were suspected of operating a “Ponzi scheme.”
Payward stated that during the cooperation between the two parties, Etana Custody violated the custody agreement by mixing customer-entrusted funds with its own funds and did not use the funds for the designated purpose as agreed. Instead, it used the funds to pay its own operating expenses and conduct high-risk investments without authorization, while concealing the funding gap by forging account reports.
[PANews]
Strategy currently has a floating profit of $2.598B, and Bitmine currently has a floating loss of $6.289B.
On May 4th, according to on-chain analyst Ember Monitoring, Bitcoin treasury company Strategy (MSTR) unusually did not purchase BTC last week. They still hold a total of 818,334 BTC ($64.413B), with an average cost of $75,537, and a floating profit of $2.598B (+4.2%).
Ethereum treasury company Bitmine (BMNR) purchased 101,745 ETH ($235.00M) last week at a price of approximately 2,311, and now holds a total of 5,180,131 ETH ($12.08B), with an average cost of $3,546, and a floating loss of $6.289B (-34.2%).
[PANews]
US stocks open with mixed gains and losses in the crypto sector; Circle up 9.15%.
May 4 news: U.S. stocks opened with the Dow Jones Industrial Average down 0.3%, the S&P 500 index down 0.1%, and the Nasdaq Composite unchanged.
Crypto-related stocks showed mixed performance: Circle rose 9.15%, Coinbase rose 5.03%, Hut 8 rose 1.83%, and ABTC fell 2.89%.
[PANews]
The Depository Trust & Clearing Corporation advances the construction of tokenization services and plans to launch live trading tests in July.
The Depository Trust & Clearing Corporation (DTCC) has officially announced that it will accelerate the development of its security tokenization service and has formed an industry working group with more than 50 financial institutions to jointly promote the construction of digital asset infrastructure. Participating institutions include banks, asset management companies, securities companies, trading platforms, and crypto-native companies, including BlackRock, JPMorgan Chase, Goldman Sachs, Citigroup, Morgan Stanley, Bank of America, Circle, Ripple Labs, and Kraken’s parent company Payward.
According to the plan, the service is expected to conduct the first batch of controlled production transaction tests in July 2026 and will be officially launched in October 2026. The first batch of supported assets includes S&P 1000 constituent stocks, mainstream ETFs, and US Treasury bonds and other highly liquid assets.
[PANews]
GameStop made a $56.00 billion acquisition offer to eBay, whose stock price hit a record high.
On May 4, according to JIN10, after GameStop made a $56 billion cash-and-stock acquisition offer to eBay, eBay’s stock price hit an all-time high, rising 5.8% most recently.
[PANews]
Market news: Flights to Dubai International Airport are suspended.
May 4 news: According to JINSHI, an explosion occurred in the Dubai region, and flights bound for Dubai International Airport have been suspended.
The UAE Ministry of Defense stated that it has intercepted three missiles launched from Iran, while the fourth missile crashed into the sea.
[PANews]
U.S. Treasury Secretary Bessent: Oil market supply will be very ample
On May 4, according to JINSHI News, U.S. Treasury Secretary Bessent stated: “What we want to make clear is that the Iranians do not control the Strait of Hormuz—we absolutely control the Strait of Hormuz.”
Bessent noted that the current global oil shortfall caused by the conflict stands at approximately 8 to 10 million barrels per day. He also said each crude oil tanker transiting the Strait of Hormuz carries roughly 2 million barrels of crude oil. If four or five such tankers depart daily, the oil shortfall could be offset. He added that there are 150 to 200 such vessels “ready to sail.” “So I believe market supply will be extremely ample,” Bessent said.
Meanwhile, Bessent claimed that Iran’s economy is “in free-fall.” “Everyone says they can endure hardship—but their soldiers certainly can’t endure going unpaid.”
[PANews]
Coinbase will list BILL perpetual contracts
Coinbase announced the launch of BILL perpetual contracts; if liquidity conditions are met, the BILL-PERP market will go live in regions where trading is supported.
[PANews]
Rain Becomes a Principal Member of Mastercard
Stablecoin payment company Rain has become a principal member of Mastercard, enabling direct integration with the Mastercard clearing network for independent transaction clearing and direct Mastercard issuance. In addition to card issuance, Rain and Mastercard will also explore using regulated stablecoins to settle certain project processes on-chain. [Foresight News]
US stocks open, COIN up more than 4.34%
May 4th news, according to Bybit market data, at the opening of the US stock market, the Dow fell by 0.30%, the Nasdaq rose by 0.32%, and the S&P 500 index rose by 0.04%.
Crypto concept stocks generally rose, with COIN (Coinbase) up by 4.34% during the day; HOOD (Robinhood) up by 2.25% during the day.
[PANews]
Coinbase strategically invests in Kemet and integrates its derivatives trading into its institutional-grade execution platform.
May 4th news, Coinbase announced a partnership with institutional-grade trading system provider Kemet to expand institutional clients’ access to its multi-market trading system.
According to the partnership, Kemet will integrate multiple Coinbase trading platforms, including Coinbase Exchange, Coinbase Derivatives Exchange, Coinbase International Exchange, and Deribit, enabling institutional users to complete unified trading execution and strategy management across spot, futures, and options within a single platform.
Additionally, Coinbase Ventures will make a strategic investment in Kemet to support long-term collaboration in the field of institutional trading infrastructure.
[PANews]
Haun Ventures closes $1.00 billion new fund, expanding its investment scope to the AI agent sector
Haun Ventures, a crypto venture capital firm founded by former a16z partner Katie Haun, has successfully raised approximately $1 billion for its new fund and expanded its investment scope from blockchain infrastructure to the AI Agents domain. This fundraising amount stands out notably amid the broader contraction currently observed across the crypto VC landscape.
According to SEC disclosure documents previously obtained by Fortune magazine, in 2025 the assets under management (AUM) of leading firms—including Paradigm, Pantera, and a16z crypto—declined across the board; Haun Ventures is the sole fund to achieve counter-cyclical growth, with its AUM rising from an initial $1 billion to $2.5 billion.
Katie Haun served as a U.S. federal prosecutor for over a decade and established the U.S. government’s first cryptocurrency task force before becoming a16z’s first female general partner. Her distinctive background in compliance and policy positions Haun Ventures to prioritize B2B solutions compatible with traditional finance within its investment strategy.
The fund previously achieved notable success in the payments sector: its lead investments in Bridge and BVNK were subsequently acquired, with their valuations increasing from $200 million and $750 million, respectively, to over $1.1 billion and $1.8 billion. This new fund will continue its strategic focus on the intersection of crypto technologies and emerging technologies, with AI Agents representing its latest priority area.
[ChainCatcher]
Bitcoin ZK Rollup project Citrea launches token CTR
Bitcoin ZK Rollup project Citrea has launched its token, CTR. The total supply of CTR is capped at 10 billion tokens, with 60% allocated to the community—including 12% for the initial allocation distributed during the genesis airdrop, 25.16% deposited into the treasury managed by xCTR, and 22.83% reserved for ecosystem development.
The remaining 40% comprises 19.35% allocated to investors and 20.66% allocated to early contributors; these tokens will be locked and then released in tranches after a 4-year lock-up period.
Citrea has also introduced a dual-treasury system: the Citrea Governance Treasury is directly controlled by xCTR holders, who will vote on liquidity incentives, council and infrastructure provider selections, and payments. Meanwhile, the independent Citrea Foundation Treasury will oversee R&D, ecosystem grants, operations, and strategic initiatives.
[Foresight News]
Bitget Blockchain4Youth Launches the “Pizza Box Resume” Initiative on Its Third Anniversary
Bitget has officially launched its global campaign “A Resume with Substance” (Boxed for Opportunity) to mark the third anniversary of its Blockchain4Youth initiative. Cleverly timed with Bitcoin Pizza Day, the campaign features selected applicants’ resumes and portfolios printed directly onto pizza boxes and delivered to Web3 companies and ecosystem partners worldwide—creating a more creative bridge between young Web3 talent and industry opportunities.
Since its launch in 2024, the Blockchain4Youth initiative has attracted over 15,000 participants globally, partnered with more than 70 universities, and hosted over 100 on-campus events. As the program enters its third year, its focus has evolved from foundational education and awareness-building toward more concrete career development support.
Ignacio Aguirre Franco, Bitget’s CMO, stated that the core mission of Blockchain4Youth is to help young people forge a seamless pathway—from knowledge acquisition and skills demonstration to full integration into the Web3 ecosystem.
[Foresight News]
Haun Ventures’ new fund has raised $1 billion and will expand into AI agent and crypto investments.
Haun Ventures, a venture capital firm founded by Katie Haun, a former general partner at a16z and U.S. federal prosecutor, has completed a new round of fundraising totaling $1.00B. This round of funding is divided into approximately $500.00M each for early and late-stage funds, which will be primarily invested in crypto and blockchain startups over the next 2 to 3 years, while further expanding into cross-cutting tracks such as AI Agents, FinTech, and alternative assets.
The completion of this fund marks that crypto venture capital continues to attract large-scale long-term capital inflows after experiencing cyclical adjustments, and is gradually expanding towards the integration of AI and on-chain applications.
Katie Haun stated that the fund will adopt a global investment strategy in the future, focusing on emerging companies that integrate financial services, artificial intelligence, and on-chain infrastructure, continuing its long-term investment layout in the digital asset field.
[Odaily]
CLARITY Act Makes Key Progress: Compromise Reached on Stablecoin Yield Rules, Countdown to Review Begins
On May 4, according to Cryptoinamerica, a key compromise has been reached on the U.S. CLARITY Act regarding stablecoin yield mechanisms, clearing a major hurdle for the Senate Banking Committee to advance its review. Under the latest proposal, crypto companies may offer rewards—such as cashback or membership benefits—based on users’ transaction activity, but are prohibited from paying interest (APY) on idle stablecoin balances.
This compromise effectively positions stablecoins explicitly as payment instruments—not as bank-like deposits or high-yield savings products. Industry observers widely believe the provision strikes a balance between the crypto sector and traditional banks, though it tilts more favorably toward the banking system.
Industry organizations—including Coinbase—have resumed their support for the bill, noting that while yield restrictions have tightened, the framework still preserves room for users to earn rewards tied to genuine usage scenarios.
[PANews]
Today’s Market Pulse
The crypto market is witnessing a dual narrative of regulatory progress and diverging corporate treasury strategies, with institutional infrastructure expansion accelerating while Bitcoin and Ethereum treasuries pursue contrasting approaches.
Key Themes
Corporate Treasury Divergence
Strategy (MSTR) has paused BTC purchases despite holding 818,334 BTC at a $2.6B unrealized profit, while Bitmine continues accumulating ETH at a $6.3B loss. This divergence suggests nuanced institutional views on asset performance cycles. The ETF flows reflect this dichotomy, with Bitcoin and Ethereum ETFs seeing significant inflows (7,524 BTC and 41,739 ETH) while Solana ETFs experience outflows, indicating capital concentration toward established assets.
Regulatory Milestones and Infrastructure Build
Circle France’s MiCA approval represents a significant European regulatory acceptance for stablecoins, complementing the US CLARITY Act compromise that permits transaction-based rewards while prohibiting interest on idle stablecoin balances. Simultaneously, the DTCC’s tokenization project with 50+ financial institutions, including BlackRock and JPMorgan, signals traditional finance’s accelerated integration with digital assets, with live trading tests planned for July.
Institutional Adoption and Market Maturation
Coinbase’s strategic expansion into derivatives through BILL perpetual contracts and institutional partnerships with Kemet demonstrates crypto’s evolution toward traditional financial market infrastructure. Haun Ventures’ $1B fund expansion into AI agents, amid broader crypto VC contraction, highlights continued venture capital interest at the intersection of crypto and emerging technologies.
RichSilo Verdict
Smart money should monitor Strategy’s BTC accumulation pause as a potential leading indicator of institutional sentiment, while watching the DTCC’s July tokenization tests as a catalyst for institutional adoption. The accelerating regulatory clarity in both Europe and the US suggests we’re entering a new phase of market maturity that may offset geopolitical volatility. The convergence of traditional financial infrastructure with digital assets represents a fundamental shift that sophisticated investors should position for, with particular attention to the intersection of AI and blockchain technologies.
