📢 Indian markets lost around ₹4 trillion in value after Prime Minister Narendra Modi urged citizens to cut spending in order to conserve foreign exchange reserves.

📢 The xStocks market cap on Ethereum has jumped nearly 1,000% year-to-date, crossing $100M, according to Token Terminal.

📢 Crypto.com Gets Greenlight for Government Payments

Big step for crypto in public services

• First licensed VASP in the UAE for government crypto payments
• Now able to process Dubai government fees using crypto
• Strengthens real-world use of digital assets in public sector

📢 SharpLink Bets on Onchain Yield Strategy

New ETH-focused move with Galaxy

• Plans a $125M onchain yield fund with Galaxy Digital
• Aims to increase ETH-per-share returns for investors
• Pushes deeper into structured onchain yield products

📢 TON Core Launches “Acton” Dev Tool

Builder-friendly upgrade on TON

• TON Core introduces Acton for smart contract development
• Designed to simplify and speed up building on-chain apps
• Strengthens TON’s ecosystem for developers and builders

📢 According to Santiment, Chainlink recently recorded its highest address activity in eight months, with more than 282,000 unique $LINK addresses active on May 9.

📢 According to @JA_Maartun, strong rallies in Zcash have historically tended to show up around local tops in the Bitcoin market.

📢 The U.S. Senate Banking Committee has released a 309-page draft of the CLARITY Act, with lawmakers given until tomorrow to submit amendments before Thursday’s markup session.

📢 Semiconductor stocks now make up a record 23% of the S&P 500’s total market value, up from roughly half that share just two years ago.

📢 Binance says its AI-driven security infrastructure has helped prevent $10.53B in potential user losses while restricting over 36,000 malicious addresses since 2025.

📢 The seven biggest token unlocks scheduled for this month are worth a combined $187.65M, with Toncoin accounting for the largest share at $86.77M.

📢 Kraken acquires an Asian stablecoin issuer in a $600M deal, while the cousin of Hun Manet reportedly confirms owning a 30% stake in scam-linked Huione Pay, among other developments in Asia Express from Cointelegraph Magazine.

📢 Altcoin activity is gaining strength, with the 30-day average trading volume moving above the annual average, according to CryptoQuant.

📢 Bhutan transferred another 100 Bitcoin valued at $8.1M from its wallets, according to Arkham.

The country has moved roughly $230M worth of BTC so far this year and still retains around $252M in holdings.

📢 BNB Chain’s real-world asset TVL has climbed to $4B, increasing by $2B since January, with Circle USYC leading the growth.

📢 Glassnode reports that unrealized losses among long-term Bitcoin holders reached 15% in April, still well below the 75%+ levels typically seen during major bear markets.

📢 TRON led all networks in 24-hour fee revenue with $1.3M, ahead of Hyperliquid at $1.2M and Ethereum at $1.1M.

📢 Addresses linked to the World Liberty Financial team burned 100M WLFI tokens valued at $6.68M, according to on-chain analyst Ember.