Today's News:
1. Movenent Network Foundation: 740 million MOVE has been transferred to the foundation's address for MoveDrop preparations;
2. The U.S. Securities and Exchange Commission (SEC) has postponed its decision on five cryptocurrency-related exchange-traded fund (ETF) applications, including Franklin Templeton's spot Solana (SOL) and XRP ETFs, and Grayscale's spot Hedera (HBAR) ETF. Bloomberg ETF analyst James Seyffart stated on Platform X that this move was expected since most projects have a final deadline of October 2025 or later, but he did not rule out the possibility of further delays this week. According to the approval schedule, many postponed ETF products will still face final approval deadlines between the third and fourth quarters;
3. Russia's anti-money laundering agency plans to classify illegal cryptocurrency mining as a crime;
4. The U.S. spot Bitcoin ETF saw a net inflow of $173 million yesterday;
5. According to Cointelegraph, the number of new tokens on Base's decentralized exchange (DEX) reached 112,000 last week, double that of March. Despite hitting a new high, Base still lags behind Solana, which added 252,000 wallets;
6. Data: The number of unique addresses on Ethereum's Layer 2 network has reached 13.6 million, a record high;
7. Trump: Tariffs have not really started yet;
8. The U.S. Senate plans to vote on the stablecoin bill before May 26;
9. The probability of the Federal Reserve keeping interest rates unchanged in May is 92.3%;
10. Trump Media & Technology Group stated in a letter to shareholders: "As part of the incentive plan, we are exploring the introduction of a utility token in the Truth digital wallet, which can initially be used to pay for Truth+ subscription fees and may be applicable to other products and services in the Truth ecosystem in the future."
11. All three major U.S. stock indexes closed higher, with the Dow rising 0.72%, the S&P 500 up 0.58%, and the Nasdaq up 0.55%. Both the Dow and S&P 500 recorded six consecutive daily gains. Most large tech stocks rose, with Tesla up over 2%, Netflix up over 1%, and Apple, Microsoft, Nvidia, and Meta slightly up; Google and Amazon dipped slightly;
12. The SEC has postponed its decision on Fidelity's request to add staking features to its spot Ethereum ETF;
14. Economist: The Federal Reserve is expected to cut interest rates twice this year, with the timing in the second half.