On Polymarket's "What price will Ethereum hit in May?" market, traders are mainly pricing in Ethereum (ETH) staying at or above $2,200 by May 31, 2026, with a 68% implied probability. The next most favored outcome is $2,600 or higher at 33%, while odds for $3,000 remain low at 3%. At press time, ETH traded at $2,306, up about 0.8% over the past 24 hours.

Publicly listed Bitcoin miners disclosed this week that they are selling mined BTC to fund operations and AI expansion, with some retiring ASIC fleets in favor of GPUs. On April 30, MARA said it will buy Long Ridge Energy & Power for $1.5 billion, while IREN outlined a five-year $3.4 billion AI cloud agreement with NVIDIA using Blackwell GPUs. Smaller miners including DMG, Bitdeer, and Cango also reported BTC sales and new AI-focused subsidiaries or shifts.

Layerzero Labs said Friday its internal RPC “source of truth” was poisoned during the KelpDAO breach, alongside a DDoS hit on an external RPC provider. The firm said the incident affected one application—0.14% of apps and about 0.36% of protocol-associated asset value—and it is moving defaults to a 5/5 DVN setup while ending support for 1/1 DVN configurations.

US spot Bitcoin ETFs finished last week with net inflows despite late-week withdrawals, extending a six-week positive streak. Since April 2, the group has attracted $3.4 billion, with the week of April 17 marking the high at $996 million while the April 2 week was the lowest at $22 million.

Hong Kong Exchanges and Clearing Limited (HKEX) said IPO proceeds totaled HK$151.4 billion over January to April, a 604% increase from the same period a year earlier. The update highlights a sharp rebound in total funds raised, though proceeds can rise even when the number of listings stays modest.

Dogecoin's three-week climb has faded after a local high above $0.116, with DOGE down -3.37% over 24 hours and -1% over seven days. Trading is hovering near $0.107, while volume jumped 55.80% to over $3 billion in the last 24 hours, putting focus on support at $0.10582 and resistance around $0.115. Separately, Maxi Doge ($MAXI) said it is nearing $5 million raised, with $4.7 million collected at the time of writing.

Bitcoin traded below $80,000 after a sharp U.S. nonfarm payrolls miss, with April job gains at 62,000 versus March’s 172,000. The bullish $120,000 narrative was tempered by average hourly earnings rising to 3.8% year-on-year from 3.5%, a backdrop that can keep rate-cut hopes in check. Analysts also pointed to technical levels near $77,500 and $75,000 as key downside markers.

Tokenized real-world assets have climbed to more than $30B, with roughly $15B—nearly half—represented by U.S. Treasury debt. The sharpest increase appears in the latest stretch, rising from about $20B in January 2026 to $30B by May 2026, meaning the most recent $10B was added in around five months.