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Bitcoin rebounds 30% from its lows; ARK Invest forecasts Bitcoin’s market cap could reach $16 trillion by 2030

According to Forbes, ARK Invest, led by Cathie Wood, released a report forecasting that Bitcoin’s market capitalization will expand at a compound annual growth rate (CAGR) of approximately 63% over the next five years—rising from its current level of nearly $2 trillion to $16 trillion by 2030. The report states, “Bitcoin is maturing into the leader of a new institutional asset class.” ARK Invest analysts project that Bitcoin will drive the broader cryptocurrency market to reach $28 trillion by 2030 (up from roughly $2.8 trillion today). “Smart contract networks and pure digital currency markets may grow at an approximate annual rate of 61% to reach $28 trillion by 2030, with Bitcoin capturing 70% of the market share and the remainder dominated by smart contract platforms such as Ethereum and Solana.”

The yield on 30-year U.S. Treasury bonds hovers near 5%, indicating unresolved pressure in the bond market.

After breaking above the critical 5% level for the first time since last July, the yield on 30-year U.S. Treasury bonds hovered around 5% again early this week—indicating that pressure on the world’s largest bond market has not eased. This is a significant threshold, and traders are closely watching for signs it may rise further. At the heart of this sell-off is market concern that a potential closure of the Strait of Hormuz could fuel inflation and reduce the scope for interest-rate cuts. Additionally, massive corporate spending in the AI sector has raised concerns about a possible acceleration in near-term price increases. (Jin10)

CoinShares: Global crypto ETPs saw $117.8 million in net inflows last week, marking the fifth consecutive week of net inflows.

According to The Block, CoinShares data shows that global crypto investment products managed by asset management firms—including BlackRock, Bitwise, Fidelity, Grayscale, ProShares, and 21Shares—recorded $117.8 million in net inflows last week, marking the fifth consecutive week of net inflows. Cumulative net inflows over the five-week period exceeded $4 billion, though this week’s inflows were the lowest in the streak. As of Friday, total assets under management stood at $155 billion, essentially flat from the prior period.

Suspected Multicoin Capital-associated address stakes $82.02 million worth of HYPE on HyperCore

According to Arkham monitoring, an address identified by its AI as linked to Multicoin Capital transferred $28.45 million worth of HYPE into HyperCore and staked it. At the same time, two other addresses performed identical actions; collectively, the three addresses staked $82.02 million worth of HYPE.

Kraken partners with MoneyGram to support crypto withdrawals in over 100 countries

Odaily, March 11 – Kraken has partnered with MoneyGram to enable users in over 100 countries to withdraw cryptocurrencies into fiat cash. (Cointelegraph)

Bitget PoolX is about to list projects CC and UMXM, stake BTC/ETH to enjoy over 1.07 million token rewards

Odaily Odaily, Bitget PoolX will soon list projects CC and UMXM. Users can stake ETH to share 1,000,000 CC, or stake BTC to share 71,600 UMXM. Details are as follows:CC PoolX: The staking period is from 18:00 on May 6 to 18:00 on May 10 (UTC+8). Both ETH Static and Dynamic staking pools will be open, allocating 450,000 and 550,000 CC for airdrop rewards respectively. The ETH Dynamic pool will unlock tiered caps based on a user's trading volume over the last 15 days, with a maximum staking limit of 1,500 ETH.UMXM PoolX: The staking period is from 18:00 on May 6 to 18:00 on May 9 (UTC+8). Both BTC Static and Dynamic staking pools will be open, allocating 33,600 and 38,000 UMXM for airdrop rewards respectively. The BTC Dynamic pool will unlock tiered caps based on a user's trading volume over the last 15 days, with a maximum staking limit of 50 BTC.Additionally, users who participate in the corresponding PoolX during the event and have a positive net deposit will also receive BTC/ETH wealth management bonus vouchers. First-time participants can enjoy up to 10% BTC or 15% ETH bonus benefits.

Wasabi Protocol attacker has deposited all stolen funds into Tornado Cash

According to monitoring by on-chain analyst Specter, the Wasabi Protocol attacker has deposited all stolen funds into Tornado Cash, moving approximately $5.9 million into Tornado Cash. Additionally, North Korean hacking groups have also used Tornado Cash to launder stolen funds from KelpDAO and LayerZero. Their process involved first cross-chaining the assets to Bitcoin, then routing them through Wasabi Mixer, extracting and cross-chaining back to Ethereum, depositing into Tornado Cash, subsequently withdrawing to new wallets and dispersing across multiple addresses. The new wallets then deployed tokens, used the stolen funds to buy in, removed liquidity from the deployment wallet, cross-chained to Tron (USDT), held for several hours or days, and finally sent to OTC-related wallets.

U.S. spot Bitcoin ETFs saw over $600 million in net inflows in a single day, with IBIT attracting $284 million in a single day.

According to FinanceFeeds, cryptocurrency exchange-traded funds (ETFs) have recently recorded strong inflows. U.S. spot Bitcoin ETFs saw single-day net inflows exceeding $600 million, reflecting sustained institutional demand for allocating digital assets via regulated investment vehicles. Specifically, BlackRock’s iShares Bitcoin Trust (IBIT) continues to dominate, posting approximately $284 million in single-day net inflows and remaining the primary vehicle for institutional Bitcoin allocation. Fidelity’s Wise Origin Bitcoin Fund also contributed significantly to inflows, helping push total ETF demand above $600 million. Inflows are concentrated among a few major issuers, underscoring the importance of liquidity, scale, and brand trust in attracting institutional capital—BlackRock and Fidelity products have consistently accounted for the majority of total ETF inflows since launch.

A dormant whale reactivates after 6 months, depositing $3.117M into HyperLiquid and placing an ETH short order

According to Onchain Lens monitoring, a whale deposited 3.117 million USDC into HyperLiquid after remaining dormant for 6 months and placed an ETH short order in the range of $2,530 to $2,670.

A major whale added 900 ETH today, bringing its unrealized gains to over $4.6 million.

Since February 15, this whale has accumulated a total of 16,900 ETH (approximately $35.67 million), with an average cost of $2,110 per ETH; its current unrealized profit has exceeded $4.6 million.

Standard Chartered's venture arm, SC Ventures, invests in crypto market maker GSR at a valuation exceeding $1 billion

SC Ventures, the venture capital arm of Standard Chartered, has invested in GSR, a crypto trading and market-making firm, valuing it at over $1 billion in this round. Founded in 2013 by former Goldman Sachs traders, GSR is currently in talks with strategic investors for further financing, potentially raising up to $150 million to expand its business operations.This investment marks SC Ventures' first time becoming an external shareholder of GSR. The two parties plan to collaborate on integrating traditional finance with the crypto market and enhancing the accessibility of tokenized products. GSR's business encompasses crypto trading, market making, advisory services, asset management, and venture capital. (Bloomberg)

A trader closed a 700-BTC short position at a loss of $1.94 million, erasing all prior profits.

According to Lookonchain, one hour ago, trader 0x004e closed a short position of 700 BTC (approximately $56.68 million), incurring a loss of $1.94 million. Prior to this, the trader had executed 11 BTC short positions, all of which were profitable, accumulating total gains of $1.71 million. However, this single loss completely erased all previous profits.

Polymarket Engineering Vice President: "Ghost fills" drop from 30% peak to 0.17%

Josh Stevens, the new Vice President of Engineering at Polymarket, stated on platform X that with the launch of the Deposit Wallets feature, the proportion of ghost fills has dropped from a peak of 30% to 0.17%, and will continue to trend toward 0% throughout the day.

Polymarket: Deposit Wallets feature is now live; ghost trades will gradually decrease

Decentralized prediction market platform Polymarket has officially launched its Deposit Wallets feature. Newly registered users will automatically receive a dedicated deposit address. As this feature rolls out fully, the existing “ghost fills” issue is expected to gradually diminish. Meanwhile, the team continues to monitor system performance to ensure stable operation.

Strategy currently has an unrealized profit of $2.598 billion, while Bitmine has an unrealized loss of $6.289 billion

According to Odaily, on-chain analyst Yu Jin monitored that Strategy (MSTR), the bitcoin treasury company, did not purchase BTC last week, which is unusual for them. They currently still hold a total of 818,334 BTC ($64.413 billion), with an average cost price of $75,537, resulting in an unrealized profit of $2.598 billion (+4.2%).Bitmine (BMNR), the Ethereum treasury company, purchased 101,745 ETH ($235 million) at a price of approximately $2,311 last week. They now hold a total of 5,180,131 ETH ($12.08 billion), with an average cost price of $3,546, resulting in an unrealized loss of $6.289 billion (-34.2%).

Tether Gold Market Cap Surpasses $3.3 Billion, Gold Reserves Up 36% in Q1

Tether’s official data reveals that Tether Gold (XAUT) continued its expansion in Q1 2026, with its total market capitalization surpassing $3.3 billion—driven by record-high gold prices and heightened macroeconomic uncertainty, which significantly increased investor demand for safe-haven assets. Tether’s quarterly data shows that its underlying gold reserves grew 36% quarter-on-quarter, reaching approximately 707,747 troy ounces as of March 31, fully backing the circulating XAU₮ tokens on a 1:1 basis with physical gold and supporting a total market capitalization of approximately $3.303 billion. Compared to roughly 520,000 troy ounces of gold reserves at the end of 2025, this quarter’s substantial increase in gold holdings reflects sustained capital inflows into digitized physical gold products.

“Set 10 Big Goals First” opened a short position of 2,448.2 BTC, now with an unrealized profit of $2.463 million

Odaily reports: According to on-chain analyst Ai Yi’s monitoring, “Set 10 Big Goals First” posted on Twitter that it opened a short position of 2,448.2 BTC (worth $195 million) at $79,903.19, currently holding an unrealized profit of $2.463 million.

QCP: The Core Watershed for Sustaining Bitcoin's Short-Term Uptrend May Be at $82,000-$83,000

QCP Capital stated in its analysis that after a solid performance in April, Bitcoin continued its strong momentum in early May, breaking through the $80,000 mark for the first time since January 31. Spot ETF inflows remain a significant positive factor, recording approximately $163 million in net inflows last week. Despite Strategy pausing its Bitcoin purchases this week, BTC still managed to rise, indicating that market momentum is no longer solely dependent on the "HODL narrative" and is instead gradually shifting towards broader capital support. The key going forward is whether BTC can effectively hold above the CME gap range of $82,000 to $83,000, which will serve as the core watershed for the continuation of the short-term uptrend.

Tether Mints Another 1 Billion USDT on TRON

According to on-chain analytics platform Lookonchain (@lookonchain), Tether has again minted 1 billion USDT on Tron; over the past two weeks, Tether has minted a total of 5 billion new USDT.

Bitget Lists BILL Spot Trading

Bitget has listed Billions Network (BILL) spot trading. The trading channel is now open, and the withdrawal channel will open tomorrow at 17:00 (UTC+8).