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Bitcoin Rebounds 30% from Lows, Institutions Predict Market Cap of $16 Trillion by 2030 'Super Cycle'

1 hours ago

On May 5th, Bitcoin jumped ~30% from its recent low near $60k, fueling market chatter about a new "super cycle." In a recent report, ARK Invest noted Bitcoin is emerging as a core asset class for next-gen institutions. It projects the crypto’s market cap will grow at a ~63% compound annual rate over the next five years—climbing from its current ~$2 trillion to $16 trillion by 2030, and making up ~70% of the total crypto market. The report also forecasts the overall crypto market could hit $28 trillion by 2030, with smart contract networks (like Ethereum and Solana) taking the remaining share. Cathie Wood has previously predicted Bitcoin’s price could reach $300k to $1.5M by 2030. Key drivers include Bitcoin potentially capturing 40% of gold’s market value and accelerating asset tokenization trends. Industry takes also highlight tokenization as a key narrative. Robinhood CEO Vlad Tenev says the market is still in the early days of the "tokenization super cycle," while BlackRock’s Larry Fink argues tokenization will remake financial infrastructure—making asset issuance and trading far more efficient and accessible.
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Apple Considers Introducing a New Chip Manufacturing Partner, Initiates Early Discussions with Intel and Samsung

May 5 — Apple is weighing a shift away from its longstanding reliance on a single chip foundry, amid tight capacity for advanced manufacturing processes and a surge in AI demand. The company has held initial talks with Intel and Samsung Electronics to explore new chip manufacturing sources, but no firm orders have been placed yet. Reports indicate Apple is assessing Intel’s foundry capabilities while also reviewing Samsung’s advanced wafer fabrication plant under construction in Texas. Still, the company remains cautious about non-TSMC technology ecosystems, creating uncertainties around potential partnerships. Supply chain constraints are the core driver of this shift. Apple CEO Tim Cook noted that chip shortages for iPhones and Macs have limited the company’s growth, with bottlenecks concentrated primarily on the advanced process nodes used in its system-on-chips (SoCs). As demand for AI computing power and terminal-side AI devices rises simultaneously, supplies of products

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Securitize Partners with Jump Trading and Jupiter to Launch On-Chain Compliant Stock Trading on Solana

On May 5, Securitize announced a partnership with Jump Trading and Jupiter Exchange to launch a fully on-chain, compliant tokenized stock trading service on Solana. The solution combines regulatory compliance infrastructure, liquidity support, and distribution channels—aiming to build an integrated on-chain securities trading system that accelerates the migration of traditional financial assets to blockchain.

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U.S. Stocks Open Higher, Intel Surges 6% at the Bell

On May 5th, at the opening bell of U.S. markets, the Dow gained 0.45%, the S&P 500 added 0.57%, and the Nasdaq climbed 0.76%. Storage-related stocks continued to advance: Micron Technology (MU.O) jumped 6%, SanDisk (SNDK.O) rose 3%, and Western Digital (WDC.O) gained 3.5%. PayPal (PYPL.O) slid 10% following its earnings release, while Intel (INTC.O) was up 6% in early trading.

4 minutes ago

The Reopening of the Strait of Hormuz Remains Uncertain, Oil Prices Experience Volatility

On May 5, as markets awaited clarity on the reopening of the Strait of Hormuz, crude oil futures continued to trade with volatility. Analyst Nikos Chablaras noted in a report that recent hostilities could again disrupt the ceasefire agreement, allowing the risk premium to hold. He added that amid ongoing conflict, crude prices remain poised to hit new highs—but the prolonged energy shock has amplified demand destruction risks, which could ultimately erode support for the oil rally. (Jinse Finance)

4 minutes ago

U.S. Defense Secretary: Two U.S. Commercial Vessels Have Safely Transited the Strait of Hormuz, Ceasefire Not Yet Over

**May 5** U.S. Secretary of Defense Lloyd Austin announced Wednesday that two American commercial vessels safely transited the Strait of Hormuz under U.S. military protection, declaring the waterway “open and clear” at present. The operation falls under the U.S. Freedom of Navigation Program, which aims to shield commercial shipping from Iranian interference. Austin stressed the mission is defensive: U.S. forces did not enter Iranian territorial waters or airspace, and it differs from previous offensive actions against Iran. He added the U.S. is not seeking escalation in the region but will maintain a comprehensive blockade against Iran. The Chairman of the U.S. Joint Chiefs of Staff stated recent Iran-linked attacks have not yet crossed the threshold for launching large-scale military operations. Austin further warned that if Iran persists in targeting commercial shipping, it will face “overwhelming firepower.” He also called on the international community to intervene prom

4 minutes ago

FDT Founder Vincent Chok: WLFI Not the First Targeted by Justin Sun, Lawsuit Against FDT Has No Evidence After Several Years

May 5 — A day after WLFI filed a lawsuit against Justin Sun, First Digital Trust (FDT) founder Vincent Chok spoke out Thursday, noting WLFI is not the first target of Sun’s public attacks: FDT has been tied up in litigation with him for more than a year. Chok said Sun has publicly accused FDT over the past 12 months but has yet to provide any substantial evidence. During that time, Sun twice put up bounties for what he called “internal evidence” — increasing the reward from $50 million to $100 million — and no one has come forward to claim it so far.

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