Today
2025/05/05

Trump clearly stated for the first time that he will not fire Powell: we can wait, it won't be long before we can change people.

Trump denied firing Powell before 2026 and stated that he could wait to replace him. He downplayed the possibility of an economic recession and emphasized that the U.S. is in a transitional period. Trump stated that he would ultimately be responsible for everything, including the impact of his tariff policies on the economy. (Source: BlockBeats)
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Market news: Vaneck submitted the S-1 filing for the BNB ETF.

BlockBeats news, on May 5th, according to market news, Vaneck submitted the S-1 filing for the BNB ETF.
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Peskov: It is necessary for the Russian and American leaders to meet, but no specific arrangements have been made yet.

Jin10 reported on May 5, local time, that Russian President's Press Secretary Peskov stated at a briefing that the Russian side has repeatedly noted information regarding a meeting between the Russian and American leaders. Considering multiple aspects, the Russian side believes that such a meeting is necessary. Peskov emphasized that the meeting requires careful preparation, which demands continued efforts from both sides at all levels of expertise, to maintain the ongoing contacts that have already been initiated between Russia and the United States, but no specific arrangements have been reached yet.
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Gold prices rise above $3300 per ounce, setting a new three-day high.

Spot gold has risen above $3300/ounce for the first time since April 30, with a daily increase of 1.83%.
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The Maldivian government and MBS Global Investments have committed $8.8 billion to build an "International Financial Center."

On May 5, Jin10 reported that on May 4 local time, the Maldivian government and MBS Global Investments, headquartered in Dubai, announced the establishment of the "Maldives International Financial Center" (MIFC). The total investment for the project is expected to reach 8.8 billion USD, located in the capital of Maldives, Malé. The project is expected to be completed by 2030, aiming to significantly boost the GDP of Maldives within four years, with the revenue expected to exceed 1 billion USD in the fifth year.
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Tether CEO: The goal of Tether AI is to establish a technological foundation for the AI vision in Asimov's science fiction novels.

PANews May 5 news, Tether CEO Paolo Ardoino posted on the X platform stating that the key goal of Tether AI is to achieve the ideal technological foundation described in Asimov's science fiction novels, where artificial intelligence will become a part of the structure of the universe in the coming decades. The technology of Tether AI will be Open Source, transparent, scalable, and capable of adapting and evolving on any device, regardless of the hardware.
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Microsoft Skype has officially ceased operations.

Jin10 reported on May 5 that in March of this year, Microsoft (MSFT.O) announced that it will terminate the operation of Skype on May 5, 2025, and recommend users migrate to the Microsoft Teams application, marking the imminent end of this once-dominant internet voice and messaging service, concluding 14 years of operation.
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Trump denies profiting from TRUMP Token, stating he has not followed its performance.

Former U.S. President Trump denied profiting from the TRUMP memecoin that shares his name, claiming any earnings were coincidental. However, analysis reports indicate that the token has generated hundreds of thousands of dollars in revenue for supporters, with 80% of the supply controlled by Trump-associated entities. The White House plans to invite 220 of the largest holders to dinner.
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Chuhuan Technology: Shareholders plan to reduce their holdings by no more than 3% of the total share capital.

Jin10 reported on May 5th that Chuhuan Technology announced that its shareholder, Anji Zhejiang Chuhu Equity Investment Partnership (Limited Partnership), holding more than 5% of shares, plans to reduce its holdings of the company's shares by no more than 2,395,605 shares (accounting for 3% of the total share capital after deducting shares in the company's repurchase special securities account) through centralized bidding and block trading within 3 months after 15 trading days from the announcement date.
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Softcom Power: CEL Bravo plans to reduce its stake in the company by no more than 1%.

Jin10 reported on May 5 that Softcom Power announced in the evening that its shareholder CEL Bravo Limited, holding 8.69% of the shares, intends to reduce its holdings of the company's shares by no more than 9.5294 million shares (accounting for 1.00% of the company's total share capital) through centralized bidding trading within three months after 15 trading days from the date of this announcement.
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Kangli Elevator: The controlling shareholder and actual controller has been changed to Zhu Meijuan.

Jin10 reported on May 5 that Kangli Elevator announced that its former controlling shareholder and actual controller, Mr. Wang Youlin, has passed away. His spouse, Ms. Zhu Meijuan, has inherited 376 million shares of the company, accounting for 47.06% of the total share capital. After this change in equity, Ms. Zhu Meijuan becomes the controlling shareholder and actual controller of the company.
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The Israeli cabinet approved a plan to expand operations in Gaza.

Jin10 reported on May 5th that Israeli media Ynet cited sources stating that the Israeli Security Cabinet has approved plans to expand military operations in Gaza, which includes the option of occupying the enclave. According to sources, the plan will include: occupying and controlling the Gaza Strip, relocating the local population to the southern part of the enclave for security purposes, depriving Hamas of the opportunity to distribute humanitarian aid supplies, and taking strong action against militants.
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Xiantan Co., Ltd.: Sales channels will no longer focus on traditional tracks but will transform towards diversified sales channels such as online.

Jin10 data reported on May 5th that Xiantan Co., Ltd. recently stated at a performance briefing that the company's sales channels no longer focus on traditional tracks, but instead are transforming towards various emerging and diversified sales avenues such as chain restaurants, group meals, convenience stores, and online platforms. In terms of international market expansion, Xiantan Co., Ltd. is actively building an international marketing network by leveraging the favorable policies of the "Belt and Road" initiative, with a focus on the European Union, Japan, South Korea, the Middle East, Southeast Asia, and Africa, steadily advancing the application for product export qualifications to support the company's overseas business expansion. Thank you for your follow.
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Vitalik: The quality of the underlying proof systems of L2 networks is equally important and should gradually enter the second phase as they develop.

Odaily News In response to community member Daniel Wang's proposed naming label BattleTested for the L2 network Stage 2 phase, Ethereum co-founder Vitalik stated on the X platform: "This is a good reminder: the second phase is not the only factor affecting security; the quality of the underlying proof system is equally important. This is a simplified mathematical model that shows when to enter the second phase:" Each member of the Security Council has a 10% independent "break" chance; we consider event failure (signature refusal or key inaccessible) and security failure (incorrect signing or key being hacked) as equally likely; the goal: to minimize the possibility of protocol collapse under the above assumptions. Phase 0 Security Council is 4/7, Phase 1 is 6/8; please note that these assumptions are very imperfect. In fact,
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The Bank of England is expected to make its fourth interest rate cut and hint at tariff responses.

The Bank of England is expected to welcome its fourth interest rate cut, abandoning a cautious approach in response to the economic growth slowdown. Global central banks may accelerate easing policies to mitigate the risk of economic recession.
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BlackRock's Ethereum ETF leads: Last week, ETH Spot ETF net inflow was $106 million.

Gate.io News bot message, according to SoSoValue data, during the trading period from April 28 to May 2 Eastern Time, Ethereum Spot ETF recorded a total net inflow of 106 million dollars. Among them, the ETHA fund under Blackrock ranks first with a weekly net inflow of 87.57 million USD. Data statistics show that the historical total net inflow of ETHA since its establishment has reached 4.2 billion USD.
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Dabeinong: The company expects to have an annual hog output of around 8 million heads in 2025.

Jin10 reported on May 5 that Dabeinong recently stated in a conference call that, based on the company's first quarter 2025 output situation and the end of the first quarter live pig inventory situation, it is expected that the company's total controllable and invested live pig output for the year 2025 will be around 8 million heads, subject to the final actual figures.
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Bloomberg Analyst: The decision on the LTC ETF application will be made on Monday, and despite the possibility of a delay, it is still worth following.

Odaily News Bloomberg analyst James Seyffart stated in a post on the X platform that the Litecoin ETF application from @CanaryFunds will be decided before Monday, May 5 (it may be postponed). The SEC has pre-approved and delayed many applications, but not this time. If there is any asset that has a chance of being approved early, in my opinion, it is Litecoin. Personally, I believe the likelihood of postponement is greater, but it is definitely worth following.
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A certain Whale has incurred a loss of 550,000 USD by going long on GRIFFAIN at 1x.

According to BlockBeats on May 5, monitored by OnchainDataNerd, a certain whale (Wallet Address 0x0af) opened a long position in GRIFFAIN at a price of $0.249. Although the leverage was only 1x, this whale has currently lost about $550,000 (when the price reached $0.026, the maximum loss was close to $1,000,000).
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After the fall in oil prices, Saudi companies cut spending.

Jin10 data reported on May 5th, according to the Financial Times, that Saudi enterprises are seeking to diversify their businesses and protect their operations in preparation for the country's economic slowdown, following significant falls in oil prices triggered by geopolitical turmoil. For a long time, Saudi Arabia's economy has relied on government spending driven by energy exports, which has made it vulnerable to the boom and bust cycles influenced by crude oil price fluctuations. Recently, oil prices have fallen from over $80 per barrel in January to around $60— the lowest level since 2021, far below Saudi Arabia's breakeven price—forcing private enterprises to prepare for economic downturns once again. A Saudi tech entrepreneur stated that after the big dump in oil prices in 2016, the government cut bonuses and benefits for public sector employees, forcing him to close his first business, which taught him a heavy lesson. This time, one of his companies is trying to reduce the number of government clients to avoid being affected, and is turning to food and drink.
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$ICE Increases 10% as new online goes onchain

Gate.io News
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Dogecoin's official statement: We are still a Meme coin, even though regulators do not believe so.

Odaily News Dogecoin official stated on the X platform: "Regulators do not see us as a 'Meme coin', it's like scientists not considering Pluto as a planet. Everyone knows we still excel in key areas."
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pump.fun's revenue this year surpassed Ethereum, maintaining a lead over the latter for 9 consecutive weeks.

Odaily News TokenTerminal data shows that the protocol fees collected by pump.fun since 2025 have reached $294.3 million, which is higher than the Ethereum network during the same period ($248.7 million). Additionally, weekly data shows that pump.fun's weekly revenue has exceeded Ethereum for 9 consecutive weeks.
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