Tom Lee said it may slow down the pace of buying in the cryptocurrency market

At the current pace of purchases, Lee said his Ethereum treasury giant would reach its 5% ether accumulation goal in six weeks, then shift its focus to staking and share buybacks. What to know : Tom Lee said Bitmine may slow its ETH purchases as it nears its 5% supply target. The firm has recently been acquiring about 100,000 ETH per week and could hit its 5% goal within six weeks. Lee's remarks come as Strategy, the largest corporate bitcoin holder, signaled it may sell bitcoin to meet dividend obligations.

The White House reporter confirmed that the Bitcoin and Cryptocurrency Transparency Act will be reviewed as early as tomorrow, and the committee vote is expected to take place next Thursday. （The Bitcoin Historian）

According to Jin10 Data on May 8th, ECB Executive Director Schnabel stated that if the energy price shock expands, the ECB will need to tighten monetary policy to address the risk of medium-term price stability. She pointed out that the increase in enterprise price increase plans, supply chain disruptions, and household expectation adjustments have exacerbated inflationary pressures. Schnabel emphasized that protecting the independence of central banks is crucial in responding to frequent supply shocks, and stated that the European Central Bank will take necessary measures to bring the 3% inflation rate back to its target level.

Moody's stated that Morgan Stanley, with a market value of $2 trillion, is rapidly increasing its business layout in the cryptocurrency sector. （Watcher.Guru）

BlackRock, JPMorgan, and Morgan Stanley have added dozens of new job postings related to cryptocurrency. （Watcher.Guru）