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According to Coinglass data, if ETH breaks through $2,416, the cumulative short liquidation intensity on mainstream CEX will reach $834 million. Conversely, if ETH falls below $2,188, the cumulative long liquidation intensity on mainstream CEX will reach $781 million.

According to Coinglass data, if BTC falls below $74,332, the cumulative long liquidation intensity on mainstream CEX will reach $1.706 billion. Conversely, if BTC breaks above $82,012, the cumulative short liquidation intensity on mainstream CEX will reach $1.492 billion.

One of the largest cryptocurrency service providers in Latin America, Bitso, released the "2025 Latin America Cryptocurrency Landscape Report," which shows that nearly 40% of cryptocurrency purchases in the region involve dollar-pegged assets, such as USDT and USDC. The report analyzes data from nearly 10 million customers in major markets such as Argentina, Brazil, Colombia, and Mexico.

According to growthepie, the Ethereum mainnet recently reached a historic high in monthly transaction volume, totaling 72.8 million transactions.The specific distribution is as follows: token transfers account for 62%, utility (including inscriptions) account for 13%, financial transactions account for 8%, cross-chain transactions account for 2%, and unclassified transactions account for 15%.

According to Coinglass data, in the past 24 hours, the total liquidation across the network was $249 million, with long positions liquidated at $83.4138 million and short positions liquidated at $166 million. Among them, Bitcoin long positions were liquidated at $18.047 million, Bitcoin short positions at $80.5252 million, Ethereum long positions at $16.9893 million, and Ethereum short positions at $25.7364 million.In addition, in the last 24 hours, a total of 94,830 people were liquidated globally, with the largest single liquidation occurring on Bybit - BTCUSD worth $8 million.

According to Coinglass data, the current 8-hour average funding rate for BTC across the network is -0.0054%. Among the current mainstream exchanges, the rate on Binance is -0.0051%, OKX is 0.0001%, Bybit is -0.0045%, and Gate is -0.0043%.

According to Coinglass data, the total open interest of BTC contracts across the network has increased by 6.58% in the past 24 hours, with the current total open interest at 58.4 billion USD. Among them, Binance's open interest is 10.582 billion USD, OKX's open interest is 3.352 billion USD, Bybit's open interest is 4.746 billion USD, and Gate's open interest is 5.321 billion USD.

Concerns about quantum computing in Bitcoin always revolve around a "Satoshi-related problem." If a sufficiently powerful quantum computer emerges, millions of Bitcoins stored in old wallets with exposed public keys may face the risk of being stolen, including approximately 1.1 million Bitcoins that are allegedly owned by the anonymous creator Satoshi, currently valued at about $84 billion.Senior developer Jameson Lopp and five other developers formally proposed this plan through BIP-361 in mid-April, which aims to gradually phase out addresses vulnerable to quantum attacks over a five-year timeline and freeze any coins that fail to complete the migration. However, this proposal creates another issue: Satoshi and all other long-dormant holders would have to publicly "reveal themselves," or risk losing access to their assets.Dan Robinson, a general partner at Paradigm, released a proposal on Friday that suggests a way to circumvent this trade-off, with the core concept being "Provable Address Control Time Stamps" (PACTs). The main idea of PACTs is not to move coins, but to timestamp ownership proofs on specific dates, without disclosing any information externally until the wallet owner truly needs to spend.If Bitcoin later implements a soft fork to freeze coins vulnerable to quantum attacks, the protocol could include a rescue path that accepts STARK proofs (a type of zero-knowledge proof that remains secure against quantum computers), proving that the holder created their commitment before the existence of quantum hardware. When the holder wishes to spend, they submit this proof, and the network releases the corresponding coins. This redemption process will not reveal any information about the address, amount, or even the original timestamp creation time.

Paradigm general partner Dan Robinson proposed the "Proof of Address Control Timestamp" (PACTs) mechanism, aimed at providing a protection path for Bitcoin addresses against potential threats from quantum computing.This solution allows holders to generate address control proofs through BIP-322 and create on-chain commitments using a random salt value, completing time anchoring with OpenTimestamps to establish ownership proof without disclosing wallet information. If quantum-vulnerable addresses are frozen in the future through a soft fork, users can submit STARK zero-knowledge proofs to unlock their assets when spending. This mechanism also provides a potential recovery path for wallets derived from BIP-32, but its implementation still relies on Bitcoin introducing STARK verification capabilities and gaining community consensus.

LAB continued to rise and briefly broke through $2.3, currently reported at $2.19, with a 24-hour increase of 221%. In the past 24 hours, the total liquidation of LAB contracts across the network reached $6.39 million, including $1.07 million in long positions and $5.31 million in short positions.

Bitcoin returned above $78,000 on Friday, with a 15% increase over the past 30 days, but the derivatives market remains cautious about further rises.Data from Deribit shows that the trading price of the BTC call option with a strike price of $84,000 is 0.0136 BTC (approximately $1,063), with an implied probability of only 25% for Bitcoin to rise 8% to that price level by the end of May.

The leader of the Reform Party, Farage, has been accused by the opposition of having a conflict of interest. In 2024, he received a personal donation of £5 million from cryptocurrency investor Christopher Harborne, after which the Reform Party proposed a regulatory draft for the cryptocurrency industry, aiming to reduce the stamp duty on cryptocurrency transactions from 24% to 10%, and proposed the establishment of a national Bitcoin reserve and a reduction in capital gains tax on crypto assets.Farage has admitted to receiving the aforementioned donation, and the Reform Party stated that policy-making is unrelated to donors. Additionally, Harborne donated £12 million to the party last year, and cryptocurrency businessman Ben Delo also donated £4 million this year. Farage is currently facing allegations of violating House of Commons rules, which could result in the suspension of his parliamentary status and trigger a by-election in severe cases.

The venture capital firm a16z supports the U.S. Commodity Futures Trading Commission (CFTC) and opposes a series of crackdowns by various states on prediction markets. On Friday, a16z submitted an 18-page comment letter to the CFTC, stating that the actions taken by state regulators against prediction market platforms—including cease-and-desist orders and proposed bans—are creating "serious barriers to fair access" for users.In just the past month, the CFTC has filed a series of lawsuits against Illinois, Arizona, Connecticut, New York, and Wisconsin, claiming that these states are attempting to regulate markets overseen by the federal government, which exceeds their jurisdiction. a16z argues that requiring trading platforms to block U.S. users based on their state of residence conflicts with the CFTC's rules on fair market access. The company wrote, "Being forced to deny fair access to users from states seeking to license or ban certain event contracts could severely compress available liquidity."CFTC Chairman Mike Selig asserts that the event contracts of prediction markets fall under swap contracts, placing them within the CFTC's "exclusive jurisdiction." State regulators and state attorneys general counter that platforms like Kalshi and Polymarket offer unlicensed gambling products. a16z also discussed the utility provided by what it calls prediction markets, stating that their pricing mechanism is a "unique form of price discovery" that helps "reveal the probabilities of uncertain events." The company further argues that blockchain-based prediction markets are more transparent than traditional platforms, claiming that "the auditability of on-chain transactions" makes it easier for participants and regulators to oversee.In April, the prediction markets Polymarket and Kalshi surpassed a cumulative trading volume of $15 billion.

According to Gate market data, Wall Street is once again showing signs of prosperity, with the stock market reaching new highs repeatedly. The S&P 500 Index and the Nasdaq 100 Index both closed at historic highs this month. Data shows that in the first quarter of this year, hedge funds attracted a total of $45 billion, setting a record high since 2007, with the industry's asset size reaching $5.2 trillion. Trend-following quantitative funds had an annual increase of about 10% in May, outperforming the U.S. stock market.

The leader of the Reform Party, Farage, has been accused by the opposition of having a conflict of interest. In 2024, he received a personal donation of £5 million from cryptocurrency investor Christopher Harborne, after which the Reform Party proposed a regulatory draft for the cryptocurrency industry in 2025, aiming to reduce the stamp duty on cryptocurrency transactions from 24% to 10%, and proposed the establishment of a national Bitcoin reserve and a reduction in capital gains tax on crypto assets.Farage has admitted to receiving the aforementioned donation, and the Reform Party stated that policy-making is unrelated to donors. Additionally, Harborne donated £12 million to the party last year, and cryptocurrency businessman Ben Delo also donated £4 million this year. Farage is currently facing allegations of violating House of Commons rules, which could result in his suspension from parliamentary duties and trigger a by-election in severe cases.

According to SoSoValue data, yesterday (Eastern Time May 1), the total net inflow of Bitcoin spot ETFs was $630 million.The Bitcoin spot ETF with the highest net inflow yesterday was the Blackrock ETF IBIT, with a net inflow of $284 million for the day, bringing IBIT's total historical net inflow to $327 million.Next was the Fidelity ETF FBTC, with a net inflow of $213 million for the day, bringing FBTC's total historical net inflow to $11.082 billion.As of the time of writing, the total net asset value of Bitcoin spot ETFs is $10.3785 billion, with an ETF net asset ratio (market value compared to total Bitcoin market value) of 6.66%, and the historical cumulative net inflow has reached $5.8718 billion.

According to Coinglass data, if ETH falls below $2,190, the cumulative long liquidation intensity on mainstream CEX will reach $864 million. Conversely, if ETH breaks above $2,416, the cumulative short liquidation intensity on mainstream CEX will reach $802 million.

According to Coinglass data, if BTC falls below $74,545, the cumulative long liquidation intensity on major CEXs will reach $1.983 billion. Conversely, if BTC breaks above $81,997, the cumulative short liquidation intensity on major CEXs will reach $1.469 billion.

The probability of the Polymarket "CLARITY Act officially taking effect in 2026" has risen to 67%, up 21% in 24 hours. The event contract rules are: if the Digital Asset Market Clarity Act of 2025 (H.R.3633) is passed by both houses of the U.S. Congress and signed into law before 11:59 PM Eastern Time on December 31, 2026, the answer will be "yes"; otherwise, it will be "no."Coinbase has indicated that a key disagreement regarding the yield terms for stablecoin holdings has been compromised with traditional banks, clearing obstacles for the U.S. Senate to advance the cryptocurrency market structure bill. Previously, banks had lobbied to restrict or prohibit exchanges from offering yields to stablecoin holders, mainly concerned about funds flowing out of the banking deposit system. Coinbase Chief Policy Officer Faryar Shirzad stated that the final proposal retains space for users to earn rewards through crypto platforms and networks based on actual use cases while adding some restrictions. This progress is expected to facilitate the CLARITY Act entering the voting process in the Senate Banking Committee.

According to Coinglass data, in the past 24 hours, the total liquidation across the network was $297 million, with long positions liquidated at $82.2698 million and short positions liquidated at $215 million. Among them, Bitcoin long positions were liquidated at $18.3385 million, Bitcoin short positions at $120 million, Ethereum long positions at $18.5235 million, and Ethereum short positions at $39.4462 million.In addition, in the last 24 hours, a total of 83,703 people were liquidated globally, with the largest single liquidation occurring on Binance - BTCUSDT worth $10.5741 million.