🔴 MORNING MINUTE: CRYPTO MAJORS SLIDE ON IRAN ESCALATIONS, ETF OUTFLOWS 🔔 Massive ETF outflows just sent crypto sharply lower. Jefferies says the next crypto IPO wave could create a $1T public market.
🟢 WINTERMUTE TO BRING LIQUIDITY TO BOOMING PREDICTION MARKETS SECTOR Wintermute says it will provide “two-sided markets across event contracts on leading venues,” but did not specify what platforms it was trading on.
🟢 THREE SUI MAINNET HALTS IN 48 HOURS TRACED TO AN UPGRADE BUG BY DEVELOPERS The Sui Foundation's post-mortem published Sunday traces all three outages to interactions between a new address-balance feature shipped in the v1.72 release and the network's existing gas and consensus logic.
🔴 AAVE OVERHAULS LISTING STANDARDS AFTER $230 MILLION RSETH EXPLOIT EXPOSED BRIDGE RISKS An official postmortem traced the exploit to a LayerZero bridge verification failure and outlined a sweeping overhaul of Aave's asset-listing standards as DeFi risks shift beyond smart contract bugs.
⚪ BITCOIN EXTENDS SLIDE AS SPOT ETF OUTFLOWS HIT A RECORD WHILE WALL STREET RIPS ON AI 🔔 U.S. spot bitcoin ETFs lost $2.97 billion across 10 trading days through Friday, the longest outflow streak on record.
🔴 XRP DROPS TO $1.32 AS SELLERS OVERPOWER EXCHANGE OUTFLOWS XRP hit a 15-week low before stabilizing, with traders watching whether the latest washout turns into a base or another leg lower.
🟢 PREDICTION MARKET MYRIAD LAUNCHES $100K WORLD CUP COMPETITION A prize pool of over $100,000 is available for top traders and makers on prediction markets linked to FIFA World Cup matches.
⚪ THIS AI COMPRESSED 'ALL HUMAN COOKING' INTO 2 MEGABYTES A London startup trained an AI on 4.1 million recipes across seven languages—and the whole thing is smaller than a song file.
🔴 BITCOIN TRADERS INCREASINGLY CONVINCED PRICE WILL FALL BELOW $70K BY END OF MAY Prediction market odds are rising for Bitcoin to drop below $70,000 in the next few days following a dip to a six-week low price.
🟢 STANDARD CHARTERED REAFFIRMS $40K ETHEREUM PRICE TARGET DUE TO DEFI DOMINANCE 🔔 Analysts compared Ethereum's current position to Amazon following the dot-com bubble burst.
🔴 GOOGLE ENGINEER CHARGED OVER $2.75 MILLION IN ALLEGED POLYMARKET INSIDER TRADING BETS 🔔 The Google employee case is the second federal prosecution tied to alleged prediction market insider trading on Polymarket.
⚪ WHITE HAT HACKER RECOVERS $2M FROM FAULTY 2016 ICO SMART CONTRACT A white-hat hacker has helped the creators of Hong Coin by showing them how to exploit a flawed admin function on a smart contract and ultimately refund investors after a decade.
🔴 HOW PRESIDENT TRUMP’S IMMIGRATION ORDER WILL FEED THE STABLECOIN ECONOMY, BITCOIN ATMS 🔔 When the Trump family faced pressure from banks, it embraced crypto. Now, immigrants who are in the U.S.
⚪ BITCOIN PRICE TARGETS $78K AS BTC HOLDERS DEFEND 'STRONGEST NEAR-TERM SUPPORT' 🔔 Bitcoin’s bounce from a key holder cost-basis level has improved the case for further upside, with historical data pointing to $101,000 as a potential best-case target.
⚪ BITCOIN PREPS 3% MAY DOWNSIDE, BUT US PMI DATA MAY BOOST BTC PRICE 🔔 Bitcoin faced ending May lower by around 3%, with the possibility of US PMI data giving BTC price action a boost next week.
🟢 KRAKEN ‘PLANS’ REGULATED PERP CONTRACTS AS RIVALS ARE QUICK OFF THE BLOCKS 🔔 In the wake of CFTC approval of perpetual futures contracts tied to the spot price of Bitcoin, Kraken expects to offer those to US institutional clients within "the next month."
🟢 STRATEGY'S MICHAEL SAYLOR TEASES BTC BUY WITH 'WORKING BETTER' TWEET 🔔 Strategy could be set to announce it has resumed buying Bitcoin after pausing in recent weeks as the biggest crypto looks poised to close out the month down more than 3.5%.
⚪ US, UK CENTRAL BANKERS OFFER CONTRARY VIEWS ON STABLECOINS 🔔 Federal Reserve governor Christopher Waller told a conference on Sunday that stablecoins expand the reach of US policy while the Bank of England’s Megan Greene expects their popularity will soon fade.