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May 4, 2026

Yen Carry Trade on Steroids? Strategist Flags Bitcoin-Linked STRC Yields 1

Bitcoin-Linked Yields: A New Carry Trade?

Key Takeaways: Comparison to the yen carry trade signals potential for large-scale capital reallocation. STRC offers monthly cash dividends, public-market

Uphold Rejects New York Claims After $5M Customer Repayment Deal 1

Uphold Disputes New York Claims Over CredEarn Deal

Key Takeaways: Uphold disputed New York’s claims and denied knowingly promoting Cred’s alleged misconduct. Customers will receive more than $5

Stefan Muehlbauer Warns DOJ Indictments End ‘Safe Zone’ as US Army Sergeant Case Expands Risk 1

Prediction Markets and DOJ Indictments: Key Insights

Key Takeaways: The DOJ charged Army Sgt. Van Dyke for using classified data to net over $400,000 on Polymarket. Stefan

Argentines Hoard $170 Billion in Cash as Milei’s Tax-Free Deposit Scheme Flops 1

Milei’s Tax-Free Law Fails to Attract Cash

Key Takeaways: Milei’s tax-free law failed to attract even $1 billion of the $170 billion held outside banks, curbing liquidity.

UAE Intercepts Missiles as Bitcoin Surges Past $80K, Triggering $270M Liquidations 1

Bitcoin Surges Past $80K as UAE Intercepts Missiles

Key Takeaways Bitcoin hit a 3-month peak of $80,617 on May 4, possibly signaling the end of the latest crypto

Blackrock IBIT Drives Inflows as Bitcoin ETFs Post $163M Weekly Gains 1

Bitcoin ETFs Log $162.8M Inflows with Blackrock IBIT

Key Takeaways: Bitcoin ETFs logged $162.8M inflows, boosted by Blackrock IBIT’s $136.6M. Ether ETFs saw $82M outflows, led by Blackrock

World Liberty Alleges Justin Sun Used Threats and Shorting to Hit WLFI Token 1

WLFI Token: Justin Sun’s Alleged Market Manipulation

Key Takeaways: WLF sued Justin Sun in Miami on May 4, 2026, over claims he defamed the Trump-backed crypto venture.

WTI and Brent Surge Following False Reports of US Warship Attack in Hormuz 1

WTI Prices Surge After Hormuz Reports

Key Takeaways: CENTCOM denied reports of 2 IRGC missiles striking a U.S. ship during Trump’s Project Freedom. Fearing disruptions to

Raoul Pal Backs Zcash as Bitcoin's 'Younger Sibling' While ZEC Climbs 8%, Outpacing Altcoins 1

Zcash (ZEC) Surges: Raoul Pal’s Take

Key Takeaways: Zcash (ZEC) surged past $400 on May 3, marking its first climb to that level since early 2026.

China Defies US Sanctions on Oil Refiners With Sweeping Non-Compliance Order 1

China Sanctions: Blocking Statute for Oil Refiners

Key Takeaways: On May 2, China’s MOFCOM invoked the Blocking Statute against U.S. OFAC sanctions on 5 local oil refiners.