The market value of the US stock market has increased by over $6 trillion this month

The US Crypto Market Structure Act may enter the review stage in mid May. Senator Thom Tillis stated that he has requested Senate Banking Committee Chairman Tim Scott to arrange a hearing and proceed with the process, but emphasized that he will oppose passage if the bill does not include clear ethical provisions. The encrypted interests and ethical issues related to Donald Trump have brought uncertainty to the legislative process.

Arbitrum DAO is voting to release 30800 ETH (approximately $711 million) to support DeFi United, a post Kelp DAO attack recovery plan. This fund was frozen by the Arbitrarum Security Committee on April 20th and was originally an asset transferred by the attacker. At the beginning of the voting, 169 million ARBs supported the proposal, and there are currently no opposing votes. The voting will continue until May 7th.

According to CCTV News, US President Trump stated that recent military actions have destroyed Iran's nuclear capabilities and weakened its military strength, including damage to 82% of drone factories and approximately 90% of missile factories. He said that if no action is taken, Iran may acquire nuclear weapons. Trump also mentioned that progress in negotiations with Iran has been hindered, but Iran hopes to reach an agreement. Under economic blockade and military pressure, the Iranian economy is facing difficulties, with a significant decline in oil revenue. The US goal is to force Iran to abandon its nuclear weapons and push for negotiations to resolve the situation.

The market value of the US stock market has increased by over $6 trillion this month. （Watcher.Guru）

Lyn Alden stated that Bitcoin has hit bottom and is currently in the accumulation stage. Various indicators such as on chain data, cash flow, and technical aspects are showing a positive trend, and short-term speculative funds have exited the market. （Bitcoin Archive）