Nick Timiraos stated that an increasing number of sell side institutions and Federal Reserve observers have withdrawn or postponed their expectations of interest rate cuts, with half believing that there will be no rate cuts this year.
SEC Chairman Paul Atkins has requested Congress to submit the Bitcoin Clarity Act to President Trump, with revisions expected next week. (The Bitcoin Historian)
Binance founder CZ stated that his theory is that Elon Musk is an alien who wants to return to his home planet, and Mars is just a transit station. (Watcher.Guru)
According to Apollo Global Management and Blackstone Group, on May 9th, they are in talks with Broadcom for a financing of approximately $35 billion (approximately RMB 35 billion) to support AI chip research and development, including a long-term agreement to develop and supply customized Tensor Processing Units (TPUs) for Google.
SEC Chairman Paul Atkins stated that the agency is studying regulatory adjustments for the on chain market, covering trading systems, brokers, clearing houses, and "crypto vaults". He mentioned that a protocol can complete transaction execution, collateral management, liquidity routing, and transaction settlement. (CoinDesk)