Odaily Planet Daily News: CME Group has announced the launch of cash-settled Bitcoin Volatility Futures, scheduled to go live on June 1st (pending regulatory approval).
Based on the 30-day Implied Volatility Index (BVX), this product allows traders to trade or hedge Bitcoin volatility without speculating on the direction of price movements.
The new contract is expected to carry the ticker symbol BVI, with a contract multiplier of $500 x the index value, aiming to provide the market with a more refined risk management tool.
Odaily reports that TD Cowen has noted that the deep division over the mechanism for stablecoin yields remains difficult to bridge, which could slow the advancement of US crypto market structure legislation and even impact its chances of passing within the year.
Several banking industry organizations, including the American Bankers Association, have officially opposed relevant compromise proposals, arguing that allowing crypto platforms to offer stablecoin yields to users would pose a significant threat to traditional banks.
Analysts suggest that the opposing positions of banks and crypto platforms on this issue leave "little room for a middle-ground solution" in the near term, making it a key obstacle in the current legislative process.
Odaily Odaily reports that SoFi Technologies has announced the expansion of its stablecoin, SoFiUSD, to the Solana network, attracted by its low costs, high throughput, and rapid settlement capabilities.
Launched in 2025 as a fully reserved US dollar-pegged stablecoin, SoFiUSD was initially deployed on Ethereum, designed to provide banks, fintech companies, and enterprises with near real-time settlement infrastructure available 24/7.
As the regulatory framework gradually becomes clearer, banks and financial institutions are accelerating their entry into the stablecoin赛道, competing with major issuers such as Tether and Circle.
Odaily reports, State Street, in partnership with Galaxy, has launched the on-chain liquidity fund SWEEP, allowing investors to "one-click transfer" stablecoins into yield-generating tokenized assets for 24/7 on-chain cash management.
The fund will initially be deployed on Solana, with future plans to expand to Stellar and Ethereum, and integrate infrastructure such as Chainlink.
Targeting qualified investors, SWEEP is positioned similarly to products like BlackRock's BUIDL, offering U.S. Treasury-like yields through an on-chain structure. It represents the latest exploration in the convergence of traditional asset management and blockchain technology.
Odaily Planet Daily News: MoonPay has announced the acquisition of DFlow, an execution layer platform based on Solana, officially entering the trading infrastructure space.
DFlow provides transaction optimization services for platforms such as Coinbase and Phantom, having processed over $50 billion in cumulative trading volume, with approximately 10 million monthly transactions.
According to reports, the acquisition amount is approximately $100 million (paid in stock). MoonPay stated that integrating DFlow will enhance high-frequency trading capabilities and support a new generation of "agent-driven" financial applications.
Odaily Odaily reports that Ripple CEO Brad Garlinghouse stated that the next two weeks will be a critical window for advancing cryptocurrency legislation in the United States.
He pointed out that if the Senate Banking Committee fails to complete the markup of the bill in the near future, the probability of the bill passing will "significantly decrease," especially as the midterm elections approach, which could further politicize related issues.
Currently, the U.S. is pushing forward with the first federal-level crypto regulatory framework, involving the division of regulatory responsibilities between the SEC and the CFTC. Although the House version has been passed, progress in the Senate has been relatively slow. However, recent compromises on the issue of stablecoin yield could bring a turning point for progress this month.
Odaily reported that Strive $ASST has risen 61% in the past 30 days, with its BTC holdings increasing by 9.17%. If Strategy were to increase its holdings at the same pace, it would need to purchase 70,327 BTC. (BitcoinTreasuries.NET)
Odaily: U.S. President Donald Trump stated, "We have completely destroyed Iran's military. They never had a chance. They know it themselves, and they have told me so over the phone." (Jin10)
Odaily Planet Daily News: Anthropic PBC has launched a new series of AI agents designed to handle a broader range of financial services tasks. These agents can reportedly create presentations for client meetings, review financial statements, and escalate cases for compliance review. The ten new tools target professionals in banking, insurance, asset management, and fintech. Anthropic CEO Dario Amodei is scheduled to speak about artificial intelligence at an Anthropic event in New York on Tuesday alongside JPMorgan Chase CEO Jamie Dimon, with banking leaders also in attendance. (Jin Shi)
Odaily: According to the Islamic Republic News Agency (IRNA) on the 5th, an official from the Iranian President's office denied rumors that Iranian President Pezeshkian might resign. The official stated that the related claims are untrue and that there is no need to consider such issues under the current circumstances. The report also noted that the claims were fabricated by certain media outlets due to a lack of topics. (Xinhua News Agency)
Odaily reported that according to Lookonchain monitoring, the Binance SAFU fund wallet purchased 15,000 BTC in February at an average price of approximately $69,244, with a total value of about $1.22 billion. The current unrealized profit stands at around $177 million.
According to Lookonchain monitoring, the trader who opened a long position of 321.46 BTC worth $26.14 million 12 days ago created a new wallet 2 hours ago and opened another long position of 307.7 BTC (worth $25.04 million) with 5x leverage. The trader's current total BTC position stands at 629.16 BTC, valued at $51.18 million.
Odaily, According to a U.S. official and a person familiar with the matter, a senior official from the Trump administration notified Iran on Sunday of the upcoming U.S. operation to "guide" vessels through the Strait of Hormuz and warned Tehran not to interfere. This privately conveyed message suggests that the White House hopes to mitigate the risk of a potential escalation. However, despite the warning, Iran launched a series of attacks against U.S. Navy vessels, commercial ships, and the United Arab Emirates. On Tuesday, U.S. Defense Secretary and Chairman of the Joint Chiefs of Staff General Caine downplayed Iran's attacks, asserting that the ceasefire agreement remains in effect. Nevertheless, some U.S. and Israeli officials believe that if the diplomatic deadlock persists, President Trump may order a resumption of hostilities later this week. (AXIOS website)
Odaily reported that SanDisk (SNDK.O) expanded its gains to 10.9%, with total market capitalization surpassing $200 billion. (Jinshi)
The Odaily Seer Prophecy Channel monitoring shows that on Polymarket for the "NBA Western Conference Semifinals G1 Thunder vs. Lakers" prediction event, an account with losses exceeding $1.1 million (address: 0x1117eade222413335b7ec959e5b48c1d3dbc3532) purchased $100,000 on the Thunder to win against the Lakers with a -15.5 point spread, at an average entry price of 50¢.
The NBA Western Conference Semifinals G1 between the Thunder and the Lakers will tip off at 8:30 AM Beijing time tomorrow. The Lakers have a head-to-head record of 0 wins and 4 losses against the Thunder this season, losing by an average of 29 points per game. Additionally, Lakers star Luka Dončić will miss tomorrow's game.
The Odaily Seer Prophecy Channel continues to monitor the prediction market, seeing changes before they are priced in.
Odaily reported that on the afternoon of May 5 local time, Iran's Supreme Leader's foreign policy advisor, Velayati, stated to the public that the Strait of Hormuz has been closed and will not reopen unless "the national will of the Islamic Republic of Iran decides otherwise." In a statement, Velayati said that US President Trump's remarks about limiting Iran's missile capabilities are unfounded, that Iran and the US remain in a state of war, and that "resistance" will continue. (CCTV)
