According to QCP Capital analysis, Bitcoin is currently consolidating around $82,000, near the 200-day moving average. Support at $80,000 is holding, but resistance above $84,000 remains unbroken. April's core CPI rose 2.8% year-on-year, slightly exceeding expectations, mainly driven by housing costs. Core commodity inflation remains subdued, and tariff transmission has not yet fully spread. Core service (excluding housing) inflation has accelerated for three consecutive months, coupled with China's PPI turning positive for the first time in 41 months, suggesting that the global commodity deflation dividend may be fading, further raising the threshold for a Fed rate cut. The market is currently focused on three catalysts: the meeting between Chinese and US leaders in Beijing (covering trade, rare earths, and Middle East issues), the release of PPI data, and the Senate Banking Committee's review of the CLARITY crypto regulatory bill. Before these catalysts materialize, spot prices may continue to fluctuate within a range, with volatility remaining low.

According to Huoxun Finance, after the release of its financial report, Alibaba's US-listed shares initially fell briefly in pre-market trading before rebounding, currently up 2.3%.

Huoxun Finance reports that on-chain trading platform TurboFlow has announced a strategic partnership with proprietary trading firm Susquehanna Crypto (SIG Crypto). SIG Crypto will serve as a core liquidity provider, offering institutional-grade market-making support across TurboFlow's entire product line and introducing its professional pricing and risk management expertise. Through a dedicated PFOF (Purchase Forwarding) architecture, the two companies will jointly optimize the execution experience and slippage control of TurboFlow's high-leverage perpetual contracts and ultra-fast event contracts. With SIG Crypto's support, TurboFlow is iterating its prediction market pricing mechanism from fixed odds to dynamic odds (adjusted based on real-time liquidity and volatility) and plans to expand its trading instruments from crypto assets to traditional assets such as crude oil and gold. In the future, TurboFlow also plans to launch a Telegram Mini App to further support prediction market trading for major events such as the World Cup in June.

According to Alibaba's (09988.HK) financial report, for the quarter ended March 31, 2026, the Cloud Intelligence Group's revenue was RMB 41.626 billion (US$6.035 billion), representing a year-on-year increase of 38%, with external commercialization revenue accelerating to 40% year-on-year. This growth momentum was mainly driven by the growth in public cloud business revenue, including the increased adoption of AI-related products. AI-related product revenue maintained strong momentum this quarter, reaching RMB 8.971 billion, achieving triple-digit year-on-year growth for the eleventh consecutive quarter.

According to Huoxun Finance, UPBIT will launch Superform (UP2) trading on May 14th at 20:30, supporting KRW, BTC, and USDT markets. Users can start depositing funds within 1 hour and 30 minutes after the announcement.