Odaily Planet Daily reported that Barclays analysts pointed out that prediction markets are threatening other speculative investment tools and have already become a formidable rival to leveraged ETPs. Data shows that since the 2024 US presidential election, the monthly notional trading volume on prediction platforms has continued to grow. In April, the notional trading volume on Kalshi and Polymarket exceeded $24 billion, nearly matching the scale of "overbought call option strategies" on indices and individual stocks, compared to just $5 billion a year ago.

Analysts believe the prediction market boom is not driven by an AI bubble, but rather stems from viral spread among younger generations. Nearly one-third of Gen Z and the next cohort, Millennials, are engaging in or considering participating in prediction markets and sports betting. However, at the current stage, prediction markets still struggle to compete with the flagship retail product 0DTE, as the total trading volume of the S&P 0DTE market reached a staggering $57 trillion in March this year. (CNBC)

1. Trump: China has not purchased NVIDIA H200 chips;

2. CME and NYSE call for stricter regulation of Hyperliquid, raising concerns over market manipulation and sanctions evasion risks;

3. Hyperliquid Policy Center responds to Bloomberg report: on-chain perpetual markets are more transparent and efficient, calls for inclusion within the regulatory framework;

4. Luo Yonghao responds to rumors of launching a token: If he didn't care about his reputation, he would have done an ICO to "harvest" retail investors back in 2018;

5. Strategy announces a $1.5 billion repurchase of convertible bonds;

6. THORChain: Asgard treasury breached, losses around $10.7 million; user cross-chain transactions currently unaffected;

7. Binance Wallet appears to have blocked the "Luo Yonghao" themed Meme coin;

8. ZachXBT: Address linked to 185 BTC social engineering theft case transfers another $2.59 million in crypto assets;

9. Bit Digital holds over 155,000 ETH in Q1, with digital asset scale reaching $295 million;

10. Nof1 discloses completion of a $15 million funding round, co-led by SUI Group and Karatage.

Odaily reported that, according to Lookonchain monitoring, a newly created wallet has opened a long position of 20 million DOGE with 10x leverage over the past 6 hours, valued at $2.25 million, with a liquidation price of $0.10284.

Odaily reports that following the KelpDAO attack resulting in approximately $292 million in losses, industry attention on the security of cross-chain infrastructure continues to intensify. Currently, about $4 billion in assets have completed or are in the process of migrating from LayerZero to Chainlink's Cross-Chain Interoperability Protocol (CCIP).

Among them, DeFi protocol Lombard has become the latest project to announce a migration. The protocol stated that it will abandon LayerZero and relocate over $1 billion in Bitcoin-backed assets to Chainlink CCIP.

Lombard stated that this adjustment stems from a comprehensive review of its internal security systems conducted after the April attack. (CoinDesk)

Odaily reported that according to on-chain analyst Yu Jin's monitoring, moments ago, the Multicoin Capital address (0x7915...D759) transferred a total of 286,000 AAVE to Coinbase Prime, comprising 98,000 AAVE withdrawn from multiple exchanges 5 hours ago and 188,000 AAVE previously remaining at the address, worth $26.68 million.

According to SoSoValue data, yesterday (Eastern Time, May 15) the XRP spot ETF saw a total daily net inflow of $10.8661 million.

The XRP spot ETF with the highest net inflow yesterday was the Bitwise XRP ETF (XRP), with a daily net inflow of $6.8953 million, bringing its historical total net inflow to $460 million.

The next was the Grayscale XRP Trust ETF (GXRP), with a daily net inflow of $1.6677 million, bringing its historical total net inflow to $129 million.

As of press time, the total net asset value of XRP spot ETFs stands at $1.184 billion, with an XRP net asset ratio of 1.33%, and the historical cumulative net inflow has reached $1.385 billion.

According to data from msx.com, the US stock market closed with the Dow falling 1.07%, the S&P 500 dropping 1.24%, and the Nasdaq declining 1.54%. The VIX panic index closed up 6.78%. Crypto-related stocks broadly declined, with FRMM falling 24.02%, Bit Digital dropping 15.26%, BTCs down 13.68%, BNB Network falling 11.65%, and Bullish declining 9.63%. It is reported that msx.com is a decentralized RWA trading platform, which has listed hundreds of RWA tokens, covering US stocks and ETF token assets such as AAPL, AMZN, GOOGL, META, MSFT, NFLX, and NVDA.

Odaily reported that the U.S. Federal Reserve issued a statement saying that current Chair Jerome Powell will temporarily serve as "interim chair" until Kevin Walsh is officially sworn in as Fed Chair. Powell’s term as chair expires this Friday. (Jin10)

According to Onchain Lens monitoring, BlackRock withdrew 1,768 BTC from Coinbase 5 hours ago, valued at approximately $140.3 million.

According to Onchain Lens monitoring, a whale sold 7,557 ETH at a price of $2,225, receiving 16.815 million USDC.

According to Onchain Lens, 4 addresses withdrew 89,026 ETH from FalconX and Kraken, worth $197.85 million.

According to Odaily, on the evening of the 15th local time, a senior Israeli official stated that Israel is preparing to resume military operations against Iran, which may last "for days or even weeks." The official said: "The Americans understand that negotiations with Iran have made no progress." He added: "We are preparing for a battle that could last for days or even weeks, waiting for President Trump's final decision. We will know more within the next 24 hours." (CCTV News)

According to Reuters, sources indicate that SpaceX is expected to set its initial public offering (IPO) price as early as June 11, with shares listing on June 12. SpaceX will choose Nasdaq as the listing venue for its IPO, and its shares will trade under the ticker symbol "SPCX." (Jin10)

Odaily Odaily reports that the U.S. Senate Banking Committee has advanced the crypto market structure bill, the Clarity Act, by a vote of 15 to 9. The bill aims to establish a comprehensive regulatory framework for the crypto industry at the federal level for the first time, garnering support from Democratic Senators Ruben Gallego and Angela Alsobrooks.

While the industry generally views the committee's passage as positive progress, analysts believe the bill still faces significant obstacles before becoming law. TD Cowen has raised the bill's passage probability from approximately one-third to 40%, noting that some Democratic lawmakers are showing willingness to find a path to support it, though substantive disagreements have not been fully resolved.

Previously, the bill had long been affected by issues such as stablecoin yield arrangements, conflicts of interest, and ethical provisions. Additionally, to overcome a filibuster in the Senate, the bill will need to secure more Democratic support than it currently has. Benchmark analysts also pointed out that the current number of supporting votes is insufficient to ensure its eventual passage. (The Block)

Odaily reports that Lucas Bruder, co-founder and CEO of Jito Labs, stated the crypto market is entering a "new phase": more and more on-chain users no longer consider themselves "crypto traders," but rather ordinary traders looking to trade various assets.

Jito Labs plans to launch a trading terminal called JTX this summer, targeting "professional retail" users and supporting spot, futures, and prediction market trading. This signifies that Jito will extend its reach from Solana's underlying infrastructure to consumer-facing products.

Bruder believes that Solana has proven its ability to handle large-scale trading activity following the memecoin surge in 2024, attracting new users with its low costs and high speed. He also indicated that as Wall Street assets gradually move on-chain, Solana has the potential to become the entry point for more mainstream traders into the on-chain market.

Odaily Odaily reported that the Hyperliquid Policy Center stated that Hyperliquid, as an on-chain perpetual contract trading platform, can provide a new model for market integrity and transparency. The agency claimed that Hyperliquid makes all on-chain transaction records publicly available in real-time, which helps regulators and law enforcement agencies with monitoring, identification, and investigation, and also reduces the risks of insider trading and price manipulation.

Previous reports indicated that ICE and CME are communicating with U.S. regulators, urging the CFTC to strengthen oversight of Hyperliquid. Their argument is that the platform's 24/7 operation of commodity trading could pose manipulation risks to markets such as global oil prices.

Hyperliquid has recently experienced rapid growth in the commodity trading sector, partly due to its support for non-traditional trading hours and weekend trading. This week, 21Shares and Bitwise also successively launched ETFs related to Hyperliquid, citing increased oil and metal trading activity on the platform.

The Hyperliquid Policy Center, however, believes that round-the-clock trading actually enhances market efficiency. Since price changes do not stop when traditional exchanges are closed, continuous trading helps reduce gaps between trading sessions and improves price discovery.