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May 1st Cryptocurrency Hot Topics:
1. Trump's Digital Asset Advisory Committee expects cryptocurrency legislation to be completed in the short term.
2. The Federal Reserve is likely to cut interest rates four times before the end of the year.
3. The North Carolina House of Representatives passed a bill to establish a Bitcoin reserve.
4. BlackRock increases its holdings by 25,430 Bitcoins.
5. Coinbase defends user data privacy.
6. Visa launches cryptocurrency payment services in Latin America.
7. Ripple plans to acquire Circle, the USDC issuer.
8. Robinhood expands its buyback authorization by $500 million.
9. Institutions like Solana propose to the SEC to put US stocks on-chain to promote financial innovation.
10. US President Trump told Musk: You can stay as long as you want; Musk helped a lot but was treated 'unfairly', and he wants to return to his automotive business.
11. US economic report shows mixed results, which may prompt the Fed to adopt a dovish stance, benefiting Bitcoin.
12. Coinbase adds WLD to its listing roadmap.

The SEC recently postponed the approval of five cryptocurrency ETFs, and this decision is not particularly surprising. The SEC has always been known for its caution, especially when it comes to volatile assets like altcoins. Their attitude has always been one of careful consideration; ultimately, they are more concerned about the overall stability of the cryptocurrency market and the regulatory framework not keeping pace.
However, if I had to say which ETF is most likely to be approved, I believe it would be one focused on Solana (SOL). Why? First, Solana's technology has developed rapidly in recent years, and its high throughput and low transaction costs have made it stand out in the market, especially in the decentralized finance (DeFi) and NFT sectors where it has strong use cases. Secondly, Solana's ecosystem is continually growing, with an influx of various projects and developers making it more 'reliable' than many other altcoins. Compared to some other cryptocurrencies, Solana's stability and innovation might appeal more to the SEC.

During the first hundred days of Trump's presidency, policy focus centered on fulfilling campaign promises, including three major topics: immigration, trade, and employment. He signed multiple executive orders to strengthen border control, promote the US-Mexico border wall project, and restrict entry for individuals from certain specific countries. Economically, he advocated for 'America First,' withdrew from the TPP, renegotiated the North American Free Trade Agreement, and proposed a tax reform plan to reduce the burden on businesses and stimulate investment. Despite high administrative efficiency, some policies sparked controversy and legal challenges, leading to implementation setbacks. The hundred-day report card shows his leadership style is tough and pragmatic, valuing image and action, but also reveals challenges in coordinating with Congress and refining policies.