Federal Reserve's Musalam: 2% inflation rate may allow for interest rate cuts

[Coinbase Purchased $88 Million Worth of Bitcoin in Q1] According to Coinbase's Q1 2026 earnings call, the company purchased $88 million worth of BTC in the first quarter. It currently holds 16,500 BTC, an increase of 1,103 BTC compared to the previous disclosure date. Based on the current price, the total estimated value is approximately $1.3 billion.

After months of delay, the US CLARITY bill will be submitted to the Senate Banking Committee for a vote on May 14th. （Cointelegraph）

Beijing Haidian Court has disclosed a case involving virtual currency payments. From 2023 to 2025, the defendants Lin and Wang illegally obtained citizens' personal information data through the Internet, Lin obtained more than 600 million pieces, and Wang obtained more than 300 million pieces, and sold them for profit in the form of virtual currency collection. By 2025, the two individuals collaborated with Wang (to be handled separately) to build the "Social Work Database" website, illegally providing citizens' personal information more than 1300 times, with website traffic reaching 100000 times. The court sentenced Lin to seven years in prison and imposed a fine of 70000 yuan; Wang was sentenced to five years and six months in prison and fined 50000 yuan.

[Morgan Stanley Fund Increases Holdings by 91.739 Bitcoins] According to monitoring data from Arkham, Morgan Stanley's spot Bitcoin exchange-traded fund MSBT increased its holdings by 91.739 Bitcoins 10 hours ago, valued at $7.34 million. As of now, its total Bitcoin holdings have reached 2,922 Bitcoins, valued at $235 million.

According to Onchain Lens monitoring, the whale address "0x3Ed" has once again deposited 2.67 million USDC into HyperLiquid and opened EWY and DRAM positions with 20 times leverage. At present, it still holds long positions in MU and SNDK, with a total value of approximately $120 million and a floating profit of approximately $848000.