es

According to Gate market data, the Dow Jones Index closed up 12.19 points on May 8 (Friday), an increase of 0.02%, at 49,609.16 points; the S&P 500 Index closed up 61.83 points, an increase of 0.84%, at 7,398.94 points; the Nasdaq Composite Index closed up 440.88 points, an increase of 1.71%, at 26,247.08 points.

According to Jinshi reports, the S&P 500 Index and the Nasdaq Composite Index have risen for the sixth consecutive week, marking the longest winning streak since October 2024.

According to Gate market data, U.S. stocks closed on Friday with the Dow Jones Industrial Average initially rising by 0.02%, the S&P 500 index up by 0.84%, and the Nasdaq up by 1.71%. Micron Technology (MU.O) surged by 15.49%, Intel (INTC.O) rose by 13.96%, and Dell (DELL.N) increased by 13.05%. The Nasdaq Golden Dragon China Index fell by 0.47%, and Alibaba (BABA.N) dropped by 0.67%.

According to Catcher Predict monitoring, the event "When will Bitcoin reach $150,000?" is currently among the hottest trades on the prediction market Polymarket, with a cumulative pool size reaching $1.836 billion. The option with the highest market consensus is "before December 31, 2026," corresponding to a winning probability of about 9.5%.

According to Jinshi News, Chicago Fed President Goolsbee stated that all interest rate options are on the table, and it is not just about cutting rates. At the end of April, the Federal Reserve kept interest rates unchanged, and three officials opposed the wording in the statement that suggested a possible rate cut next, arguing that the possibility of a rate hike should be retained. Goolsbee's remarks reflect a shift among Federal Reserve policymakers, mainly due to the inflationary pressures caused by the energy price shock resulting from the Iran war. He reiterated that both rate cuts and hikes are being considered and expressed concern about inflation, believing that there are price pressures beyond the energy shock.

According to Jinshi reports, Federal Reserve's Goolsbee stated that the Federal Reserve's balance sheet can be reduced, but it is not yet clear whether it must be reduced.

According to Jinshi reports, Federal Reserve's Goolsbee stated that stagflation shocks are one of the most difficult situations for the Federal Reserve to handle.

According to Jinshi reports, Federal Reserve's Goolsbee stated that positive progress on inflation will lead to interest rate cuts, but such a situation has not yet occurred.

U.S. Senator Elizabeth Warren wrote to Meta CEO Mark Zuckerberg, requesting him to disclose Meta's latest plans in the stablecoin sector and expressing concerns about its recent push for stablecoin payment integration.Warren stated that the transparency of Meta's stablecoin project is deeply concerning, especially considering the widespread regulatory controversies that arose from its earlier launch of the Libra (later renamed Diem) global stablecoin initiative. She asserted that Meta's new attempts in the payment and financial services sector should be subject to careful scrutiny. Warren demanded that Meta clarify the details of its stablecoin pilot program by May 20, including the launch timeline, the third-party stablecoins involved, and related privacy and risk control measures. It is reported that Meta has been testing USDC-based stablecoin payment functionality with select content creators in the Philippines and Colombia since April. Currently, the U.S. Senate Banking Committee is reviewing the digital asset market structure bill known as the CLARITY Act, where the regulatory framework for stablecoins and issues of conflicts of interest remain contentious points. As a senior Democratic member of the committee, Warren has long held a cautious stance on large tech companies' involvement in crypto finance.

According to monitoring by Catcher Predict, in the predicted market event "LoL: Karmine Corp vs G2 Esports (BO3) - LEC Regular Season" on Polymarket, the "Yes" option for the sub-market "Both teams kill a dragon" has experienced a sharp fluctuation in win rate, soaring from 50% an hour ago to the current 89.95% (a fluctuation of 39.95%). Please note the impact of related breaking news.

According to Catcher Predict monitoring, in the predicted market event "Knicks vs. 76ers" on Polymarket, the "Yes" option for the sub-market "Mikal Bridges: Rebounds O/U 2.5" has experienced a sharp fluctuation in win rate, rising from 57.5% an hour ago to the current 73% (a fluctuation of 15.5%). Please note the impact of related breaking news.

According to Gate market data, the S&P 500 index reached 7,400 points, setting a new historical high, with an increase of 0.84%.

According to market news, Coinbase, Kraken, and Gemini submitted revisions to the U.S. Senate Agriculture Committee, requesting the removal of the provision in the digital asset bill that requires trading platforms to list only tokens that are "not readily susceptible to manipulation."The three companies believe that this provision will increase the difficulty of listing small-cap, low-liquidity tokens and could be used by future CFTC chairs as a tool for tightening regulation. The current draft aims to grant the CFTC broader powers over the spot markets for "digital commodities" such as Bitcoin and Ethereum. The Senate Agriculture Committee has already passed the relevant sections along party lines, and further significant modifications will be made to gain support from the Democrats.

Bitcoin mining company TeraWulf announced its Q1 financial report, showing that its high-performance computing (HPC) business has for the first time surpassed Bitcoin mining revenue, marking a critical stage in the company's transformation towards AI and cloud computing infrastructure.The company's total revenue for Q1 was $34 million, roughly flat compared to the same period last year. Among this, HPC leasing revenue reached $21 million, surpassing the less than $13 million from digital asset mining for the first time, becoming the main source of income. The financial report also indicated that the company's net loss widened to $427.6 million, mainly due to the impact of non-cash warrant revaluation. However, CFO Patrick Fleury emphasized that the company is transitioning from "volatile mining revenue" to "stable long-term computing power contract revenue." Currently, TeraWulf has 60 MW of HPC capacity generating revenue at its Lake Mariner data center in New York and plans to continue expanding within the year. At the same time, the company is transforming part of its mining infrastructure into AI/HPC computing resources to support massive computing power demands. This trend is spreading throughout the industry, with Bitcoin mining companies like Riot Platforms also expanding their revenue structure through data centers and AI contracts, gradually transforming into "computing power infrastructure companies."

According to Lookonchain monitoring, the Bitcoin ETF in the United States had a net outflow of 2,022 BTC in one day, worth $161.53 million, and a net inflow of 18,496 BTC over seven days, worth $1.486 billion; the Ethereum ETF had a net outflow of 34,349 ETH in one day, worth $7.835 million, and a net inflow of 73,153 ETH over seven days, worth $166.86 million; the Solana ETF had a net inflow of 76,912 SOL in one day, worth $6.85 million, and a net inflow of 368,912 SOL over seven days, worth $32.83 million.

SoftBank Group is scaling back a financing plan that used OpenAI equity as collateral, which was originally intended to raise about $10 billion in margin loans, and is now likely to be reduced to around $6 billion.It is reported that some lenders have expressed concerns about the transaction structure and the reliability of OpenAI's valuation as a private company, which has become one of the key factors hindering the progress of the financing. The loan was initially designed to use the OpenAI equity held by SoftBank as collateral, with a term of two years that could be extended by one year, aimed at further expanding its investment layout in the field of artificial intelligence.

According to Gate market data, the Dow Jones turned down, American Express (AXP.N) fell by 1.3%, and Salesforce (CRM.N) fell by 3.7%.

The Hong Kong Securities and Futures Commission (SFC) recently issued a notice reminding the public to be cautious of certain unlicensed platforms and related market promotional activities, mentioning HabitTrade.In response, HabitTrade issued a statement claiming that it is a licensed Australian brokerage and compliant financial services platform, and has not conducted any regulated business in Hong Kong, nor promoted or provided related services to the public in Hong Kong.The statement also pointed out that some third-party promotional content, video materials, and platform traffic diversion activities that have recently appeared in the market do not represent the official position of HabitTrade. The company reserves the right to trace and take legal action against any misleading promotions and violations using its brand, technological channels, or partnerships without authorization.HabitTrade stated that it will continue to adhere to a compliance-first approach and cooperate with the regulatory requirements of relevant jurisdictions to conduct necessary investigations.

CryptoQuant analyst Darkfost tweeted that the Bitcoin market is still dominated by the futures market, with the recent bullish momentum mainly coming from investors gradually returning to the derivatives market. Although the funding rate has remained negative for several weeks, the open interest in Bitcoin has recorded its largest increase since 2026, surpassing the increase during the historical peak period of 2025.Darkfost pointed out that while this reflects a slow return of market optimism, it has also led to a more fragile market structure, where high leverage positions can easily amplify volatility and liquidation risks.

According to Jinshi reports, Acting Secretary of Labor Sandlin stated that the Federal Reserve should consider lowering interest rates.