Polymarket becomes exclusive forecasting market partner for Serie A

[Lummis: Major Banks Obstructing Crypto Regulatory Legislation] According to Cryptopolitan, U.S. Senator Lummis stated in an interview with CNBC that major banks, unable to compete with the crypto industry, are attempting to block legislation aimed at clarifying cryptocurrency regulations. She emphasized that the adoption of Bitcoin is unstoppable and described it as the future of the financial system.

[Strategy to Repurchase $1.5 Billion Convertible Bonds] According to Strategy's official website disclosure (Form 8-K, May 15), Strategy announced plans to repurchase $1.5 billion of convertible bonds maturing in 2029 and opened voting to STRC and MSTR holders regarding the STRC semi-monthly dividend amendment.

[CoinShares: $920 Million Net Outflow from Crypto Market This Week] According to a tweet from CoinShares, the cryptocurrency market recorded a net outflow of $920 million this week. In the short term, higher-than-expected PPI data, the U.S.-Iran conflict driving up oil prices, and limited room for Federal Reserve rate cuts have contributed to Bitcoin's 1.4% decline this week. The U.S. Senate Banking Committee passed the 'Clarity Act' with 15 votes in favor and 9 against, signaling a clearer direction for long-term regulation. CoinShares noted that the market is currently facing a tug-of-war between short-term macroeconomic pressures and long-term regulatory benefits.

According to Globenewswire, Hyperion DeFi, a HYPE treasury company listed on NASDAQ, released its first quarter financial report, revealing a net profit of $8.8 million in Q1, an improvement from the net loss of $398 million in Q4 2025. Since the end of the first quarter, we have increased our holdings of approximately 60000 HYPE tokens. Currently, our HYPE token holdings have exceeded 2 million, and our verification nodes have been entrusted with 102 million HYPE tokens, ranking among the top six verification nodes, second only to the Hyperliquid Foundation. In addition, the company also holds 192 million KNTQ tokens and 10 million HPL tokens.

According to CoinDesk, the valuation of the U.S. stock market was close to the level of the Internet foam, and the Shiller CAPE rose to 42.18, only lower than 44.19 at the peak of the foam in 1999. Historical data shows that the S&P 500 index has fallen by about 50% since its peak in 1999. Analysis indicates that the AI boom is driving up technology stocks, and valuation risks in the US stock market are accumulating.