1. Trump Digital Asset Advisory Committee expects cryptocurrency legislation to be completed in the short term
Odaily Planet Daily reports: Bo Hines, executive director of the Trump Digital Asset Advisory Committee, stated that the U.S. Congress is actively advancing cryptocurrency legislation, with relevant bills expected to be completed in the short term. He emphasized that the current legislative process is an important step for the U.S. government in promoting a regulatory framework for the cryptocurrency industry, aiming to provide clear legal guidance and regulatory standards for the digital asset market. - Original
2. The Federal Reserve is expected to cut rates four times before the end of the year
Odaily Planet Daily reports: According to market news, traders are fully pricing in that the Federal Reserve will cut rates four times by the end of 2025 by 25 basis points. - Original
3. North Carolina House passes bill to establish Bitcoin reserves
4. BlackRock increases its holdings by 25,430 Bitcoins
BlackRock's Bitcoin spot ETF (IBIT) has increased its holdings by 25,430 Bitcoins in the past 7 days, valued at approximately $2.37 billion. As of now, IBIT's total holdings amount to 601,209 Bitcoins, with a total value of approximately $56.11 billion (based on the latest market price). - Original
5. Coinbase defends user data privacy
Odaily Planet Daily reports: Coinbase submitted an amicus brief to the U.S. Supreme Court on Wednesday, defending user data reporting to the IRS, stating that "the court should intervene to clarify that the third-party principle does not allow the IRS to conduct a dragnet search." Coinbase stated that the U.S. government overstepped its authority in requesting data from hundreds of thousands of users and believes this matter has broader privacy implications. - Original
6. Visa launches cryptocurrency payment service in Latin America
7. Ripple plans to acquire Circle, the issuer of USDC
8. Robinhood expands buyback authorization by $500 million
The performance of this trading platform may indicate Coinbase's earnings on May 8. - Original
The above are the top highlights from the last 24 hours. For faster news, please download AiCoin (aicoin.com)
