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Strategy (Nasdaq: MSTR) CEO Phong Le said in a recent CNBC interview that the company will take a mathematical rather than an ideological approach, outlining two specific scenarios in which it would sell its Bitcoin holdings. The first case would be to fund dividend payments for its perpetual preferred stock, STRC. Le explained that Strategy could sell Bitcoin for this purpose if it is deemed more beneficial for increasing the company's Bitcoin per share (BPS) value than issuing new stock. The second scenario involves selling for tax advantages, where the company might sell some of its holdings if doing so could maximize tax benefits by realizing or deferring gains and losses. This marks a shift from Strategy's previous "never sell" stance, as the company has indicated it is now open to selling its Bitcoin if it is advantageous to do so.

According to CoinNess market monitoring, BTC has risen above $82,000. BTC is trading at $82,012.84 on the Binance USDT market.

Digital Asset Holdings, the developer of the Canton Network (CC), is seeking to raise $300 million at a valuation of approximately $2 billion, Bloomberg reported, citing people familiar with the matter. The funding round is reportedly being led by a16z Crypto, one of the industry's largest venture capital firms. The fundraising is expected to be finalized within a few weeks, though the final investment amount could change, Bloomberg added. Digital Asset Holdings previously raised $50 million last December.

Sui (SUI) has recorded the highest gain among major coins over the past 24 hours, rising approximately 24%, according to CoinNess market monitoring. According to CoinMarketCap, SUI is trading at $1.33, up 24.69%.

President Donald Trump has deemed Iran's latest peace proposal unacceptable. In response, Iran rejected the U.S. proposal, stating it would not formulate a plan solely to satisfy American demands. The breakdown in negotiations has impacted commodity and equity markets. WTI crude oil opened 3% higher today, while spot gold fell below $4,700 per ounce to around $4,680. Silver prices also declined by 1%, and futures for the three major U.S. stock indices are down approximately 0.3%.

Iran has rejected a proposal from the United States and submitted its own counter-offer, according to Iranian media reports. Tehran reportedly refused to accept the American plan, describing it as a surrender to President Trump's greed. Iran's alternative proposal emphasizes the fundamental rights of its people and includes several key demands: the payment of war reparations by the U.S., recognition of Iranian sovereignty over the Strait of Hormuz, a complete lifting of all sanctions against the country, and the unfreezing of all Iranian funds and assets.

An Iranian source stated that the U.S. president's reaction to Iran's reply is of no importance, according to Iran's Tasnim News Agency. The source emphasized that no one in Iran is preparing a plan to appease President Donald Trump and that the negotiating team's only goal is to defend the nation's rights. The source added that it would be an even better outcome if Trump were dissatisfied with this stance.

U.S. President Donald Trump has rejected Iran's latest draft agreement aimed at ending the war, Axios reported. In a brief phone interview on May 10, Trump said he did not like their letter or their response, calling the wording inappropriate, but declined to provide specific details. He added that Iran has been stalling with various countries for 47 years. Trump said he spoke with Israeli Prime Minister Netanyahu the same day to discuss Iran's response and other current issues, describing the call as very pleasant and affirming their good relationship. However, he emphasized that the Iran negotiations are his responsibility and no one else's. Trump did not clarify in the interview whether he would continue to pursue negotiations or if a shift toward military action was possible.

Whale Alert reported that 300,000,000 USDT has been transferred from Binance to an unknown wallet. The transaction is valued at about $300 million.

Whale Alert reported that 225,627 ETH has been transferred from an unknown wallet to Binance. The transaction is valued at about $530 million.

According to CoinNess market monitoring, BTC has risen above $81,000. BTC is trading at $81,025.51 on the Binance USDT market.

Whale Alert reported that 250 million USDC has been minted at the USDC Treasury.

MicroStrategy (MSTR), the largest corporate holder of Bitcoin, has recorded a year-to-date return of approximately 9.4% on its $5 billion investment in the cryptocurrency. CEO Phong Le announced the figures today on X, adding that the company "optimizes its capital, equity, bond, and credit decisions daily through a multivariate model to maximize annual BTC returns." MicroStrategy has previously stated that it may sell Bitcoin if conditions are favorable.

An address suspected of belonging to BitForex founder Garrett Jin has deposited 108,169 ETH, worth approximately $250 million, to Binance, Onchain Lens reported. Jin, who founded the fraudulent cryptocurrency exchange BitForex, is a well-known Bitcoin OG. He was previously accused of insider trading last October after entering a large short position immediately before a crash in Bitcoin's price.

Prominent trader Darryl Wang (Eugene Ng Ah Sio), known as 'Pigeon' in the crypto community, has predicted that the crypto market will begin a significant move next week, with many altcoins expected to break out of their sideways trading ranges. Wang explained that Bitcoin appears to have established a floor around the $80,000 mark. He noted that based on current market-wide volume and open interest (OI), most coins can now achieve significant price movements with much less buying pressure than before, leading him to believe the market is still undervalued. For a rally to materialize, Wang stated that Bitcoin needs to cleanly break above $80,000, which would then allow major altcoins like Ethereum (ETH), Solana (SOL), and Hyperliquid (HYPE) to establish a new upward trend. He added that he hopes the market avoids another rejection at key resistance levels.

U.S. spot Bitcoin ETFs have recorded six consecutive weeks of net inflows, attracting a total of $3.4 billion during the period, BeInCrypto reported, citing data from SoSoValue. This marks the longest streak of net inflows since the week ending July 25, 2025. Notably, the third week of April (the week ending April 17) saw a net inflow of $996.38 million, the largest weekly inflow since mid-January of this year. BeInCrypto noted that while the recent inflow trend is similar to the pattern seen last summer, the scale of the inflows is significantly smaller. The outlet added that whether the streak will extend to a seventh week depends on trading flows over the next few days.

Global oil inventories are shrinking at a record rate as the war in Iran disrupts shipping in the Persian Gulf, rapidly eroding the buffer stock designed to absorb supply shocks. This sharp decline signals a growing risk of extreme price spikes and supply shortages. With the Strait of Hormuz effectively blockaded for two months, governments and industries have dwindling options to counter a supply loss of over one billion barrels. The rapid depletion of stocks means the market will remain vulnerable to future supply disruptions for an extended period, even after the conflict ends. Morgan Stanley estimates that from March 1 to April 25, global oil inventories fell by an average of about 4.8 million barrels per day, a rate that far surpasses the highest quarterly decline ever recorded by the International Energy Agency (IEA). Approximately 60% of the reduction was in crude oil, with the remainder being petroleum products. Natasha Kaneva, Head of Global Commodities Research at JPMorgan, noted that the oil system requires a minimum inventory level and will reach an untouchable safety stock limit before inventories are fully depleted.

Kelp DAO, the Ethereum (ETH) restaking protocol that recently suffered a hack of approximately $292 million, announced on its official X account that it will proceed with a series of contract operations over the next 24 hours. These operations, coordinated with Aave (AAVE), are intended to advance the next phase of the process for establishing rsETH as collateral.

Whale Alert reported that 813,367,100 USDT has been transferred from HTX to an unknown wallet. The transaction is valued at about $813 million.

Although Bitcoin's price has shown temporary weakness by dipping below $80,000, options traders anticipate the correction will be short-lived, CryptoSlate reported on May 9. The outlet noted that data from options trading, volatility, and on-chain indicators suggest the market is undergoing a healthy correction rather than a capitulation. While selling pressure in the spot market is easing, sentiment in the options market is more optimistic. Implied volatility, which had fallen to its lowest level since October 2025, has recently surged. Simultaneously, the 25-delta skew—an indicator of relative demand between call and put options—is rapidly normalizing. This indicates that traders are reducing their downside hedges while demand for upside exposure continues to grow, CryptoSlate explained.

The head of Iran's parliamentary energy committee stated on May 9 that oil production at fields across the country is proceeding normally. He emphasized that actions by adversaries against Iranian tankers are completely illegal and have not had a significant effect on the country's oil exports. The official added that there have been no official reports of an oil spill in the waters near Kharg Island. This statement follows earlier reports, based on satellite imagery, that a large-scale oil spill covering tens of square kilometers had been detected near the island, which is a key hub for Iran's oil exports.

An analysis from crypto analyst Ali Martinez suggests that if Cardano (ADA) maintains its support at the $0.25 level, its next price target could be $0.36. Martinez noted that on the monthly chart, ADA has historically experienced sharp rallies after confirming support at $0.25. He highlighted that a rebound from this level in January 2023 led to an 88.27% increase, while another in September 2023 resulted in a 243% price surge to its peak. Martinez explained that holding the $0.25 support line could pave the way for a structural rally. Therefore, as long as this price level is defended, the next target could be $0.36, with a potential further rise to $0.53. Conversely, he warned that a break below the $0.25 support could lead to a larger correction.

Base, the Layer 1 blockchain from the largest U.S. crypto exchange Coinbase, announced via its official X account that cumulative stablecoin payment volume within the x402 protocol surpassed $100 million in the first quarter. The x402 protocol is a Coinbase-led project that aims to be an open standard for AI payments, supporting transactions between AI agents. Base added that over 90% of on-chain stablecoin transactions by AI agents take place on its network.

The market capitalization of Solana-based memecoin Aura (AURA) has surged to $63 million, a daily increase of approximately 600%, according to GMGN monitoring. AURA's market cap jumped from a recent low of $8 million. The address with the highest profit during this rally (9MUN) is currently holding about $330,000 in unrealized gains, a 66-fold return on its initial investment. The investor reportedly purchased about $5,000 worth of AURA last June when its market cap was around $890,000. The token's market cap later soared to $236 million, increasing the investor's paper profit to as high as $1.25 million (a 250x gain), but the investor did not realize the profits before a significant pullback. The latest surge was reportedly triggered after the official Binance X account posted a meme image this morning with the text "aura maxxxxing."

Nasdaq-listed mining company Bitdeer sold all the Bitcoin it mined again this week. The company announced that it mined 193.8 BTC this week and sold the entire amount. Bitdeer has maintained a strategy of holding no Bitcoin since February.