🇮🇷 Iran demands $1.00 per barrel on oil transiting the Strait of Hormuz - payment to be made in cryptocurrency.

🇯🇵 Japan's Cabinet has approved a bill to classify cryptocurrencies as financial instruments, prohibiting insider trading and requiring annual disclosures, per Nikkei.

🇸🇦 Saudi Arabia fully restores East-West oil pipeline, bypassing the Strait of Hormuz and pumping 7,000,000 barrels per day.

$3.5 trillion Goldman Sachs files for Bitcoin Premium Income ETF.

🇨🇳 USDC Issuer Circle says it sees "tremendous opportunity" for a Chinese yuan stablecoin.

Americans own more Bitcoin than gold, per River.

Michael Saylor's 'Strategy' buys 34,164 Bitcoin worth $2.55 billion.

🇺🇸🇮🇷 Trump administration says $344 million $USDT frozen by Tether was linked to Iran.

Google bought YouTube for $1.65 billion in 2006 and now, it generates over $50 billion revenue every year.

🇺🇸 Today, Jerome Powell will deliver his last FOMC press conference as Federal Reserve Chair.

🇺🇸 A U.S. Navy ship has reportedly been struck by 2 missiles in the Strait of Hormuz.

🇺🇲 Donald Trump Jr. says America has to be the home of a renaissance of crypto.

🇺🇸 ETF FLOWS: SOL spot ETFs saw net inflows on May 7, while BTC and ETH spot ETFs saw net outflows.

BTC: -$277.5M
ETH: -$103.52M
SOL: $6.67M

Bitwise Solana ETF receives 67,407 $SOL ($6.4M) from Coinbase, as accumulation continues.

Nvidia $NVDA becomes first company in history to reach $5.5 trillion market cap.

BREAKING: 🇺🇸 Jerome Powell officially steps down after 8 years as Federal Reserve Chair.

BlackRock considers investing $5 billion to $10 billion in Elon Musk's SpaceX IPO next month.

🇺🇸 President Trump moves to withdraw his $10 billion lawsuit against the IRS.

President Trump just ordered the US government to bring crypto into the regular banking system.

Bitwise’s Hyperliquid ETF $BHYP hit $30.5M AUM and $26.9M inflows in its first five trading days.