1⃣ ONDO surged 36% in a single day, ICP rose 20.75%, STRK increased 20%, and the total market capitalization of cryptocurrencies rose 0.9% to $2.76 trillion in 24 hours.
2⃣ Apple and Intel reached a preliminary chip manufacturing agreement, causing Intel's stock to surge 14% to a record high in a single day, while AMD rose 11.4%, and the Nasdaq broke its record for the third time this week.
3⃣ The Senate Banking Committee announced a hearing on the Digital Asset Market Transparency Act on May 14, marking a crucial juncture in market structure legislation.
4⃣ The US added 115,000 non-farm payroll jobs in April, exceeding the expected 62,000. The probability of the Federal Reserve keeping interest rates unchanged in June reached 94.1%. Goolsby stated that both rate hikes and cuts are within consideration.
5⃣ Coinbase, Kraken, and Gemini are lobbying Congress to remove the listing requirement in the crypto bill that "tokens must be resistant to manipulation," fearing that listing small-cap tokens will be hindered.
6⃣ Bitcoin has risen approximately 35% relative to gold since the escalation of the conflict with Iran, but CryptoQuant characterizes this rally as a "bear market rally," with increased pressure to take profits.
7⃣ ECB President Christine Lagarde opposes Europe replicating the US stablecoin model, advocating instead for building a tokenized settlement infrastructure centered on central bank currency, with the goal of launching a digital euro by 2029.
8⃣ Kraken's parent company, Payward, has applied for a National Trust Company license from the U.S. OCC, intending to expand its institutional-grade digital asset custody business under federal regulation.
