1. U.S. adds more jobs than expected in April
Shortly after the news was released, the price of Bitcoin slightly dropped to $96,700. - Original
2. U.S. non-farm employment increased by 177,000
The U.S. released April non-farm data, showing an increase of 177,000 jobs, exceeding the expected 130,000; the unemployment rate recorded at 4.2%, in line with expectations. - Original
3. Trump suggests the Federal Reserve lower interest rates
Trump stated, 'Gas prices have fallen below $1.98 per gallon, the lowest in years, food (including eggs!) prices are down, energy prices are down, mortgage rates are down, employment is strong, and more good news is coming because tariffs have brought in billions of dollars in revenue. As I said, we are just in a transitional phase, just getting started! Consumers have been waiting for prices to fall for years. There is no inflation, the Federal Reserve should lower interest rates!' - Original
4. Senator Lummis advocates for Bitcoin legislation
5. MicroStrategy plans to increase Bitcoin holdings
Odaily Planet Daily News According to Walter Bloomberg (@DeItaone) on X platform, MicroStrategy announced the '42/42 Plan' to raise $8.4 billion over the next two years for purchasing Bitcoin, following last year's '21/21 Plan' with a $4.2 billion investment. The company reported a loss of $4.23 billion in the first quarter (16.49 per share), with revenue down 3.6% to $111.1 million, below expectations. - Original
6. UK plans to ban borrowing to invest in cryptocurrencies
The UK financial regulator plans to ban retail investors from borrowing money to invest in cryptocurrencies like Bitcoin, as it attempts to bring the rapidly growing digital asset market under regulation for the first time. The restrictions on loans for cryptocurrency purchases are part of a comprehensive set of rules released by the UK's Financial Conduct Authority on Friday, just days after the UK government proposed legislative plans for the digital asset market. - Original
7. Tether will launch a payment product
Tether CEO Paolo Ardoino revealed in an interview with CNBC that the company will launch a unique new product, likely a payment product, aiming to create a product that can be used by institutions and compete with PayPal's CashApp. - Original
8. Kraken's trading volume increased by 29%
The exchange reported an adjusted EBITDA of $187 million, up 1% from the previous quarter and up 17% year-on-year. - Original
The above is a selection of hot topics in the last 24 hours. For faster news, please download AiCoin (aicoin.com)
