Chung Daily Note - 2026/5/12

Twitter: @cchungccc

Happy Tuesday!

Chung Daily Note curates key news and insights to save you time while also serving as a record of my research and analysis

Recap

Chung l 仲@cchungccc

Chung Daily Note - 2026/5/11 Happy Monday! Some highlights from today's note 🔸Strategy bought 535 BTC for ~$43M at ~$80.3K per BTC 🔸BitMine bought another 26,659 ETH, bringing total holdings to 5.2M ETH Read More Below 👇 --- 📰 News • Strategy bought 535 BTC for ~$43M

6:00 PM · May 11, 2026 · 141 Views

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3 Replies · 7 Likes

📰 News

•US April CPI and Core CPI both came in above expectations

*Walter Bloomberg@DeItaone

*US APRIL CONSUMER PRICES RISE 0.6% M/M; EST. +0.6% *US APRIL CONSUMER PRICES RISE 3.8% Y/Y; EST. +3.7% *US APRIL CORE CPI RISES 0.4% M/M; EST. +0.3% *US APRIL CORE CPI RISES 2.8% Y/Y; EST. +2.7%

12:30 PM · May 12, 2026 · 91.1K Views

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61 Replies · 99 Reposts · 395 Likes

•US Senate Banking Committee unveils draft crypto Clarity Act bill

Watcher.Guru@WatcherGuru

JUST IN: 🇺🇸 US Senate Banking Committee releases crypto Clarity Act draft bill.

4:27 AM · May 12, 2026 · 575K Views

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431 Replies · 1.9K Reposts · 11.7K Likes

•Crypto Wallet Exodus sold 1,076 BTC

Coin Bureau@coinbureau

🚨CRYPTO WALLET EXODUS SOLD 1076 BITCOIN Crypto wallet firm Exodus sold 1,076 $BTC in Q1 to help fund its W3C payments acquisition, moving about $70 million into U.S. dollar reserves. The company sold $73.2 million in crypto, lifting cash, cash equivalents, and stablecoins

12:00 PM · May 12, 2026 · 7.68K Views

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26 Replies · 10 Reposts · 68 Likes

•Bhutan’s Gelephu Mindfulness City launches fast-track licensing for regulated crypto firms

The Block@TheBlockCo

Bhutan's Gelephu Mindfulness City launches fast-track licensing for regulated crypto firms

theblock.co

Bhutan's Gelephu Mindfulness City launches fast-track licensing for regulated crypto firms

10:36 AM · May 12, 2026 · 2.86K Views

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6 Replies · 3 Reposts · 11 Likes

•Trump family made roughly $1.55B from World Liberty Financial token sales

Bloomberg@business

Trump family members made roughly $1.55 billion from sales of World Liberty Financial tokens, lifting their total fortune by about $660 million

bloomberg.com

Quiet Token Sales Boosted Trump Crypto Wealth by $660 Million

10:24 AM · May 12, 2026 · 11.5K Views

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7 Replies · 17 Reposts · 22 Likes

📖 Good Reads

•@arjunkhemani - What Unifies the Enemies of Civilization?

Arjun Khemani@arjunkhemani

https://t.co/ZlvcOTLUx4

8:34 AM · May 11, 2026 · 50K Views

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9 Replies · 20 Reposts · 167 Likes

•@TheOneandOmsy - Is the Circle x Coinbase Relationship Starting to Fall Apart?

Omar@TheOneandOmsy

How long until the Circle / Coinbase marriage gets messy? > historically $CRCL = issuer of USDC and $COIN = distributor. Coin pushes USDC, and in exchange gets half the economics w/ some adjustments > but w/ Circle now a pubco, it’s been forced into pitching a much broader

zoomer @zoomerfied

[ ZOOMER ] CIRCLE RAISES $222 MILLION FROM BLACKROCK, APOLLO AND OTHERS IN ARC TOKEN PRESALE VALUED AT $3 BILLION: CNBC

1:41 PM · May 11, 2026 · 52K Views

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23 Replies · 15 Reposts · 280 Likes

🎉 New Protocols

•@EquiumEQM

Equium@EquiumEQM

$EQM can be seen as an evolution of Solana tokens. Our network hash rate costs real hardware & electricity expense to operate. Therefore the token is backed by what users pay to mine it. Similar to bitcoin, the electrical and hardware expense is similar to market value.

1:42 PM · May 12, 2026 · 1.54K Views

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35 Replies · 1 Repost · 11 Likes

•@bloomv4_

BLOOM@bloomv4_

The first financial mania was not born from coins, stocks, or JPEGs. It was born from flowers. 🌷bloomv4.org

6:41 PM · May 11, 2026 · 16.5K Views

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7 Replies · 3 Reposts · 36 Likes

💰 Crypto Fundraising

•@USBD_Stablecoin (CeFi) - 2m Pre-Seed led by @galaxyhq

Galaxy@galaxyhq

Galaxy Ventures led @USBD_Stablecoin $2M pre-seed. Stablecoins are one of the most proven and transformative innovations in crypto, with a >$300B market reshaping global payments, treasury management, and financial infrastructure. The next frontier: making that infrastructure

Boundary @USBD_Stablecoin

We’re thrilled to announce that we’ve raised $2M in pre-seed funding led by @galaxyhq to build the natively verifiable stablecoin, USBD. Check out the exclusive story in The Block: https://t.co/m25S4xjUdv 🌐 https://t.co/akZRnowEOk #Stablecoins #DeFi #Galaxy #USBD

5:21 PM · May 11, 2026 · 4.37K Views

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5 Replies · 4 Reposts · 51 Likes

💵 Airdrops

•@citrea_xyz airdrop airdrop registration

Citrea | Mainnet Live 🍊🍋@citrea_xyz

1/4 The CTR Genesis Airdrop Opens for Registration 🍊 Check eligibility at citrea.xyz/airdrop Airdrop registration closes on May 17, 2026, at 2:00 PM UTC 🧵

2:03 PM · May 11, 2026 · 324K Views

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423 Replies · 77 Reposts · 530 Likes

📺 Videos & Podcasts

•@naval - Sell the Truth

•@a16z - Marc Andreessen on AI Psychosis, Productivity, and The Future of Work

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