● Trump will announce a significant trade agreement with a major power
According to ChainCatcher, U.S. President Trump announced that he will hold a significant press conference in the Oval Office regarding a major trade agreement reached with a representative from a respected major power.
According to Odaily Planet Daily, sources reveal that David Bailey, who served as a cryptocurrency policy advisor during Donald Trump's 2024 campaign, is raising $300 million. The goal is to establish a publicly listed Bitcoin investment company. He is trying to replicate the success of Strategy under Michael Saylor. Strategy has transformed into a Bitcoin investment company and has raised funds through private placements and convertible bonds.
According to Foresight News, U.S. Treasury Secretary Bessenet stated that demand for digital assets in U.S. Treasury bonds is expected to reach $2 trillion.
● U.S. Senator proposes (MEME Act) to prohibit the president from issuing Meme coins
According to ChainCatcher, U.S. Senator Chris Murphy posted on the X platform stating that he will propose the (MEME Act) to prohibit the president or members of Congress from issuing Meme coins. Murphy stated, "Trump Coin is the biggest corruption scandal in White House history," and will work with Congressman Sam Liccardo to promote legislation to curb such behavior.
According to BlockBeats, Glassnode data shows that both short-term holders (STH) and long-term holders (LTH) of Bitcoin are increasing their holdings. LTH has added over 250,000 BTC since early March, with total holdings surpassing 14 million BTC. Glassnode defines LTH as investors holding BTC for more than 155 days, while STH are those holding for less than 155 days. STH added over 25,000 BTC in the past week, reversing the net reduction trend since February 2025. Bitcoin is currently hovering around $97,000, and market confidence is being restored. However, there is significant resistance at $99,900, and profit-taking may occur when LTH unrealized profits reach 350%, requiring strong buying to maintain upward momentum.
● Binance releases new proof of reserves, BTC reserve ratio at 102.06%
Binance released the latest proof of reserves (snapshot date May 1), with user BTC assets at 604,410.571 BTC, Binance wallet balance at 616,886.378 BTC, and a reserve ratio of 102.06%; user USDT assets at 29,059,304,576.504 USDT, Binance wallet balance at 29,659,698,073.374 USDT, and a reserve ratio of 102.07%; user ETH assets at 5,281,746.179 ETH, Binance wallet balance at 5,289,954.708 ETH, with a reserve ratio of 100.16%.
● Bhutan collaborates with Binance Pay to launch a national cryptocurrency tourism payment system
Binance Blog published an article announcing that the Bhutanese government, in collaboration with Binance Pay and local digital bank DK Bank, has officially launched the world's first national cryptocurrency tourism payment system. This system allows Binance payment users to pay for almost all travel-related expenses in Bhutan, including flights, visa fees, sustainability fees, hotel bookings, guides, attraction tickets, and local consumption. Currently, over 100 local merchants have completed integration with DK Bank and Binance Pay.
● Pectra upgrade goes live on Ethereum mainnet, smart account wallet experience features enabled
According to Foresight News, Ethereum.org announced that Pectra has gone live on the Ethereum mainnet. The user experience features for smart account wallets have now been enabled, with L2 expansion data storage blobs increased by 2 times, and improvements to validator user experience launched. Community members will continue to monitor for any issues in the next 24 hours.
