In @nytopinion
The four richest Californians paid 0.07% of their wealth in income tax from 2019 to 2025. A trailblazing tax on billionaire wealth could change that, write two economists who advised on the measure. https://t.co/7eqCHmbZNc
hyperliquid:native just surpassed solana:So11111111111111111111111111111111111111112's Fully Dilluted Value, up 20.4% today.
Market cap surges to $13.94B.
Open interest hits $2.48B, a new record.
FDV: $54.5B.
While bitcoin:native, stocks, bonds, and gold are all down, one asset is breaking out.
Here's every driver behind it 🧵
Strategy bought another 535 $BTC for ~$43M at an average price near $80K. Total holdings now stand at 818,869 BTC with an average acquisition cost of ~$75.5K. The company says its BTC yield metric has reached 9.4% YTD.
Michael Saylor continues the same strategy: buy every dip, keep accumulating. With BTC now trading above the latest purchase price, the treasury is already sitting on fresh unrealized gains.
On May 6, US spot ETF inflows stayed positive for both $BTC and $ETH. Bitcoin ETFs added $46.33M, extending the streak to 5 straight days. The move followed the much larger $467.4M inflow on May 5, with total BTC ETF AUM climbing to a 2026 high near $109B.
Ethereum ETFs brought in ~$11.57M (4th straight inflow). Grayscale’s Ethereum Mini Trust led with ~$10.03M, while BlackRock’s $ETHA added ~$2.1M. Fidelity’s $FETH was slightly negative (~$584K outflow). Total ETH ETF assets reached ~$14.01B.
INSIGHT: Japan Exchange Group CEO Hiromi Yamaji says JPX aims to list crypto ETFs as early as 2027, targeting $BTC and $ETH products following the success of U.S. spot ETFs.
🚨 0As #Volatility Fades, How Are Investors Participating in #Crypto Markets?
Global macro pressure is back in focus in 2026. Elevated interest rates from the @Federal Reserve, combined with ongoing #geopolitical uncertainty in the Middle East, have pushed risk assets into a slower, more cautious phase.
Know more in comments 👇
NEW: South Africa's National Treasury proposes draft regulations requiring crypto holders to declare assets above a set threshold and hand over private keys to enforcement officers on demand, carrying fines and up to five years in prison for non-compliance.
Tesla held onto all 11,509 $BTC through Q1 2026 despite the market selloff, according to its latest earnings. Bitcoin dropped ~22% over the quarter – its worst Q1 in eight years – cutting the value of Tesla’s holdings from around $1B to $786M by the end of March.