21Shares Launches Canton Network Native Token ETF 「TCAN」

May 8 — JPMorgan Chase said Wednesday that its Bitcoin Strategy could hit roughly $30 billion in annual purchases this year, based on the current pace of buys, topping the approximately $22 billion levels seen in 2024 and 2025. The strategy has already added 145,834 bitcoins so far this year, valued at around $11 billion. Most of those purchases occurred when Bitcoin’s price was below the strategy’s average entry price of roughly $75,000. JPMorgan also noted the strategy’s premium to net asset value (NAV) has widened to about 26% over the past two months, which has helped it expand holdings via equity and debt financing.

**May 8 (via The Information) — The U.S. Treasury Department has sent a letter to Binance requesting enhanced compliance, in response to reports about Iran’s cryptocurrency activity.** **Separately, Treasury has privately asked Binance to adhere to the monitoring regime U.S. regulators imposed on the exchange in 2023, when the platform pleaded guilty to sanctions and anti-money laundering violations.**

May 8 — The United States and Iran are reportedly close to reaching an interim agreement, with several key U.S. demands excluded from the draft, sources familiar with the matter said. The U.S. had sought Iran to suspend nuclear activities, limit its missile program and end support for so-called "proxy forces" — demands not included in the draft, which is based on a one-page short-term memorandum rather than a comprehensive peace deal. This reflects deep divisions between the two sides and frames the agreement as a transitional step. Iran is reviewing the draft, which aims to halt hostilities while deferring the most contentious issues to later negotiations, the sources added. The agreement outlines three phases: a formal cessation of hostilities, addressing the Strait of Hormuz crisis, and opening a 30-day negotiation window for a broader deal. Notably, the draft does not address U.S. demands to suspend Iran’s nuclear activities or reopen the Strait of Hormuz. It also omits U.

**BitMine & Tom Lee Crypto Updates (May 8)** The first Ethereum treasury, BitMine, announced at Consensus Miami 2026 it’s currently purchasing ~100,000 ETH weekly. At this pace, the firm is on track to hold 5% of Ethereum’s total supply in 6 weeks—but it’s weighing slowing buys to redirect capital toward a $4 billion buyback plan. BitMine’s key metrics: - Annual staking income: >$300 million - Daily overall cash flow: >$1.2 million - Cash reserves: ~$700 million **Tom Lee’s Market Outlook & ETH Targets** Tom Lee shared his crypto outlook: If Bitcoin closes above $76,000 at May’s end, it will rally for 3 months—marking the bear market’s official end. His Ethereum price targets: 1. BTC = $250k + ETH/BTC back to 2021 highs → ~$22k 2. ETH/BTC hits ultra-optimistic 0.25 → ~$62k 3. Large tokenization boom + ETH as a core settlement layer → ~$250k This version uses concise, conversational language typical of U.S. crypto news, with clear sectioning for readabilit

On May 7th, Bitget market data shows holdings of Situational Awareness LP (based on Q4 2025 filings) posted a sharp drop today following several days of gains, with notable moves across key positions: - Bloom Energy (BE): Down 4.12% - CoreWeave (CRWV): Down 6.44% - Core Scientific (CORZ): Down 11.65% - Lumentum (LITE): Down 6.94% - Sandisk Corp (SNDK): Down 4.14% - Intel (INTC): Down 0.92% - Applied Digital (APLD): Down 4.86% - IREN (IREN): Down 1.67% - Cipher Mining (CIFR): Down 6.34% - Bitdeer (BTDR): Down 6.95% - Coherent (COHR): Down 5.74% SALP founder Leopold Aschenbrenner is a 25-year-old German investor (born 2001 or 2002). He previously worked at FTX Future Fund, joined OpenAI as a researcher in 2023, and was terminated in 2024 over alleged confidential information leaks and refusal to cooperate with the investigation. In June 2024, he published a blockbuster 165-page paper titled *Situational Awareness: The Decade Ahead*, detailing the imminent ti

On May 7, crypto journalist Eleanor Terrett reported that a new U.S. poll shows support for cryptocurrency market structure legislation spans party lines: 52% of voters back the bill, while just 11% oppose it. The Cryptocurrency Market Structure Bill—also known as the CLARITY Act—has majority support from Democrats, Republicans, and Independents, reflecting widespread voter demand for clearer rules and stronger consumer protections for digital assets. The legislation is slated for a key vote in the Senate Banking Committee next week.