Bitcoin stuck below $80,000 as leveraged longs unwind, altcoins slide

[Hyperion DeFi Q1 Net Profit Reaches $8.84 Million, Setting a Record High] According to news on May 14, Nasdaq-listed company Hyperion DeFi (NASDAQ: HYPD) released its financial report for the first quarter ending March 31, 2026. The report shows that the company's net profit for this quarter was $8.84 million, setting a historical record; adjusted EBITDA was $19.5 million. As of May 11, its treasury assets included 2 million HYPE tokens, 1.92 million KNTQ tokens, and 10 million HPL tokens.

Binance announced that the trading start time for Gensyn (AIGENSYN) will be postponed from 21:00 on May 14, 2026 to 23:00 on May 14, 2026.

According to CoinDesk, the US Senate is expected to review the Clarity Act clause by clause on May 14th. The draft bill proposes to prohibit the payment of interest on stablecoin balances, impose a maximum fine of $5 million on violators, and include the US Treasury Department as a rule making agency alongside the SEC and CFTC. Despite high market attention, the Bitcoin options market has not significantly accounted for event risk. According to Block Scholes data, the implied volatility of BTC short-term options has dropped to about 30%, approaching the low point of the year.

According to Onchain Lens monitoring, BlackRock ETF addresses deposited 3581 BTC (worth approximately $285 million) and 9876 ETH (worth approximately $223 million) into Coinbase.

According to SolanaFloor data, Solana's perpetual contract daily trading volume reached a 31 week high of $3.45 billion, accounting for 56% of Hyperliquid's daily trading volume of $6.1 billion.