On May 10, Strategy President and CEO Phong Le said MSTR’s valuation should reflect more than the bitcoin held on its balance sheet, citing enterprise software operations, compliance infrastructure, and global scale. In Q1 2026, the company said its software unit delivered its strongest quarter in a decade, with revenue up 12%, cloud revenue up 59%, and controllable margin improving 27%.

LayerZero has faced sustained pressure since an April exploit tied to a cross-chain bridge used by Kelp, where $293 million was drained and the wider DeFi gap topped $300 million. After the incident, protocols totaling $2 billion in combined TVL—including KelpDAO ($1.5B), SolvProtocol ($600M), and Re ($200M)—migrated to Chainlink CCIP, while LayerZero bridge volume fell to $91 million.

Bitcoin (BTC) pushed higher after holding support around $79,200 and reclaiming the $81,500 area. Price is trading above $80,750 and the 100-hour simple moving average, while consolidation continues below $82,450. A break above $82,450 could open the door to $83,200 and $84,000, while support is watched at $80,800 and $80,000.

Grayscale Investments said the CLARITY Act could reshape U.S. crypto regulation by moving oversight away from enforcement-driven actions toward clearer market-structure rules. In research comments dated May 7, Zach Pandl argued the bill would separate "investment contracts" from "digital commodities," assigning the SEC and CFTC different roles, as the Senate Banking Committee prepared a May 14 session on H.R.3633. Grayscale also cited a petition with more than 28,000 signatures and noted Polymarket odds that put the bill's 2026 passage chance at 67%.

Uniswap’s UNI continued its upswing, trading above $3.92 at press time as the protocol’s TVL rose to $3.59 billion, its highest level since Feb. 2. Derivatives metrics stayed supportive with the OI-weighted funding rate at 0.0060% over the past 24 hours and trading volume near $459 million, though liquidity pockets below price could still amplify pullbacks toward $3.60 if sentiment turns.

A bitcoin address created on Nov. 27, 2013 moved 500 BTC on May 10 after roughly 12.5 years of inactivity, as BTC traded between $80,500 and $82,458 on Bitstamp. Across 11 dormant wallets created from 2013 to 2017, 859.13 BTC worth $69.47 million was spent between blocks 948694 and 948822, with much of it moving into new Bech32 (Segwit) addresses.

Hyperliquid, Pump.fun, and EdgeX distributed about $96.3 million to token holders over the past 30 days. The payouts highlight a market tilt toward protocols that generate measurable revenue and return cash flow to users instead of relying on hype or usage metrics.

Hyperliquid (HYPE) failed to extend its advance toward $50 after rallying from the mid-$20s into the low-$40s, with selling pressure building around $44-$46. Bitcoin is again testing the $80,000 area, but the move lacks strong volume and is pressing into the 200 EMA zone. Toncoin (TON), after a steep multi-week rebound, is nearing long-term resistance around the 200-day EMA, with traders watching $2.30-$2.40 for signs the pullback is deepening.