Backpack Exchange Launches SOL Lending Feature

On May 9th, based on HTX market data, the exchange rate of ETH/BTC regained the 0.02 support level. It is currently trading at 0.02024, with a 24-hour increase of 8.4% and a rebound of over 14.6% from the recent low.

On May 9th, Apple (AAPL.O) is in the process of developing a dedicated chip for glasses and AI servers. The project is named "BALTRA." The goal is to start mass-producing the glasses chips in 2026 or 2027 in order to compete with Meta Platforms (META.O)'s RAY-BAN smart glasses. (Wall Street News)

On May 9th, the Social Media Platform "X": Received an administrative order from the Indian government, which requires X to block more than 8,000 accounts. (Golden Ten)

On May 9th, as monitored by WhaleAlert, 17 minutes ago, the USDC Treasury burned approximately 50.59 million USDC on the Solana chain.

On May 9th, based on market data, the gain of the Nasdaq expanded to 2%, the Dow and S&P 500 indexes rose by more than 1.5%, and cryptocurrency stocks witnessed a wider increase. These included: Coinbase (COIN) increased by 6.81%, announcing the acquisition of the cryptocurrency options platform Deribit for $2.9 billion today; Tesla (TSLA) rose by 4.3%; MicroStrategy (MSTR) rose by 7.55%; MARA Holdings (MARA) rose by 8.48%; Riot Blockchain (RIOT) rose by 9.82%; Hut 8 Corp. (HUT) rose by 12.88%.

On May 9th, as per Politico's report, on March 2nd, Trump had put up on Truth Social regarding "advancing a cryptocurrency reserve strategy encompassing XRP, SOL, and ADA", which was actually promoted by the lobbyist Ballard Partners. Trump himself was not aware of it, and the lobbyist Ballard has since been "removed" from the White House. According to sources, just a few minutes after the president's post, the White House "crypto czar" David Sacks was extremely angry. Soon, White House officials became aware that the XRP mentioned in "Truth Social" was a client of the lobbyist Ballard. Sources disclosed that after the post was exposed, White House staff were instructed not to meet with Ballard. However, those close to Trump indicated that their dissatisfaction with Ballard went far beyond this. Some White House officials believed that Ballard was exploiting Trump's reputation for profit. Politico reviewed the invitations Ballard received to Trump fundraising events and his call recor