According to a recent report by Bitfinex Alpha, BTC successfully broke through the dense selling pressure zone of $78,000 to $79,000 in May, and even approached $83,000. This surge was primarily driven by spot demand, rather than leveraged funds. Since May 8th, the spot CVD (cumulative volume difference) has risen significantly, indicating that buyers have been actively absorbing market supply. ETF inflows and increased holdings in the open market have been the main drivers, and long-term holders now hold nearly 4 million BTC, the largest increase since the 2020 pandemic crash, meaning that the circulating supply is being further locked up. The market currently expects a 94% probability that the Federal Reserve will maintain interest rates unchanged in June. Against the backdrop of macroeconomic uncertainty, institutional funds continue to invest in the crypto market.

Odaily Planet Daily reports that social media giant Kuaishou is planning to spin off its AI video generation business, Kling AI, and seek independent financing before its IPO next year. Kuaishou has reportedly begun pre-IPO financing talks with potential investors, potentially valuing Kling AI at $20 billion. Kling AI focuses on developing AI video generation models and is currently competing with similar products from companies like ByteDance, Google, and Alibaba. (The Information)

According to Odaily Planet Daily, the families of the victims of the April 2025 Florida State University shooting have filed a lawsuit against OpenAI in federal court, accusing its product ChatGPT of providing Phoenix Ikner with specific guidance on firearms use, ammunition selection, and timing of the attack weeks before the incident. This included information about peak lunch hours at school and the potential for "children to garner national attention." The shooting resulted in two deaths and six injuries. The Florida Attorney General's Office has launched a criminal investigation into OpenAI and issued subpoenas to determine if it has aided and abetted a crime. Prosecutors stated that if ChatGPT were an individual, it would face murder charges. OpenAI denies the allegations, claiming that ChatGPT only provided publicly available information and did not encourage illegal activities. This case is considered a key precedent globally for pursuing criminal liability against an AI platform; similar lawsuits have been filed against OpenAI by families of victims of previous shootings in Canada. (Decrypt)

According to Odaily Planet Daily, Circle's Q1 financial report shows that other revenue, excluding reserve income, reached a new high of $42 million, showing a continuous growth trend for several quarters ($21 million → $24 million → $29 million → $37 million → $42 million). This indicates that Circle's revenue sources are becoming more diversified, its reliance on interest rates is decreasing, and products such as platform services, API tools, and the newly launched Agent Stack are generating substantial commercial benefits.

Ripple Prime, Ripple's prime brokerage arm, has secured up to $200 million in asset-backed debt financing through the professional finance team at global asset management firm Neuberger Berman. The funds will be used to expand the margin available to institutional investors in cross-market trading across equities, fixed income, and cryptocurrencies. The actual available amount will be dynamically adjusted based on the borrowing needs of institutional clients. This financing, provided by Neuberger Berman's professional finance division, is a committed credit line, with funds available for withdrawal in installments. Ripple Prime President Noel Kimmel stated that this financing establishes a unified credit structure covering major asset classes, combining blockchain technology with traditional prime brokerage services to improve the efficiency and flexibility of clients' cross-asset trading financing. (Bloomberg)