Japan's five-year treasury bond bond yield rose to 1.915%

BBX News: Circle Q1 revenue is $694 million (+20%), USDC on chain is $21.5 trillion (+263%), ARC token pre-sale is completed at $222 million (valued at $3 billion); SUIG pledged 108.7 million SUIs (with a circulation of 2.7%) in full, triggering a weekly increase of 37% in SUIs. Q1 adjusted revenue was $1.4 million, with a non cash loss of $71 million. Core points: Circle (NYSE: CRCL): Q1 revenue of $694 million (+20%), EPS of $0.21 (exceeding expectations), EBITDA of $151 million (+24%); USDC $77 billion (+28%), on chain $21.5 trillion (+263%), 63% market share; Reserve yield of 3.5% (-0.66ppt), with reserve income accounting for 94%; ARC pre-sale completed at $222 million. SUI Group (NASDAQ: SUIG): 108.7 million SUIs fully pledged (with a circulation of 2.7%, approximately $143 million), with a daily production of 5200 SUIs and an annualized rate of 1.8%; Trigger SUI for one week+37%; Q1 adjusted revenue of $1.4 million, non cash loss of $71 million; Galaxy Digital hosting. Source: bbx.com

According to Jan Hatzius, Chief Economist of Goldman Sachs, the probability of an economic recession in the United States over the next 12 months has been reduced from 30% to 25%. Despite the tense situation in Iran, international oil prices have not risen significantly, and US employment and domestic demand data have shown robust performance. In April, there were 115000 new non farm jobs added, higher than the expected 65000, and the unemployment rate remained at 4.3%. Private domestic sales in the first quarter increased by 2.5% year-on-year, demonstrating the resilience of domestic demand. The Goldman Sachs Financial Condition Index has fallen back to pre war levels, and the overall financial environment is becoming more relaxed.

According to Piper Sandler analyst Alexander Potter, Tesla's stock price has not fully reflected the value of Optimus' business. He estimated that Tesla's core business is valued at $400 to $420 per share, and the current stock price of $445 is equivalent to buying Optimus business for free. Piper Sandler maintains an "increase" rating and a target price of $500, expecting the robotics business to contribute a value of $100 per share, and stating that this estimate may be conservative.

The US Department of Labor will release April CPI data tonight at 20:30 (UTC+8), including non seasonally adjusted CPI annual rate, seasonally adjusted CPI monthly rate, seasonally adjusted core CPI monthly rate, and non seasonally adjusted core CPI monthly rate. AI interpretation: The release of CPI data will provide important inflation dynamic information for the market, directly affecting the direction of monetary policy. With the changes in CPI, the market's expectations for future interest rate decisions will adjust, especially in the current economic environment, where the trend of inflation will become an important basis for the Federal Reserve's decisions. Investors need to closely monitor the specific performance of data in order to adjust their investment strategies in a timely manner.

BitMEX co-founder Arthur Hayes stated in a blog post that the Bitcoin bull market officially began on February 28th when the US and Iran went to war. He believes that AI capital expenditures, war expenses, and physical infrastructure investments by countries for supply chain security will drive the expansion of fiat currency credit, benefiting Bitcoin as a result. Hayes pointed out that Bitcoin has rebounded from the low of $60000 and breaking through the previous high of $126000 is "inevitable". He expects Bitcoin's rise to accelerate after breaking through $90000 and to increase Maelstrom's portfolio risk exposure to its highest level.