The usage scale of the Federal Reserve's overnight reverse repo agreement reached 1.133 billion

According to sources, Payward, as the parent company of cryptocurrency platform Kraken, is raising new funds at a valuation of $20 billion. （CoinDesk）

According to May 12th news, Ed Yardeni has raised the year-end target for the S&P 500 index from 7700 points to 8250 points, with nearly 12% upside potential from Friday's closing price. He believes that the strong first quarter profit is the main reason for adjusting the forecast.

Senator Cynthia Lummis confirms that the Clarity Act includes protections for Bitcoin developers, emphasizing that coding should not be considered a crime. （The Bitcoin Historian）

[BTC spot main force intensively transacts large orders worth 22.72 million US dollars within 14 minutes, short-term fluctuations may intensify] The main large order is displayed on the K line in the form of a horizontal line, the thicker the line means the larger the pending order amount, and the longer the line represents the longer the pending order time

On Monday (May 11th), the size of the Federal Reserve's overnight reverse repurchase agreement (RRP) usage was 1.133 billion.