BTC breaks through $97,000 Pakistan exchanges fire with India
転載元： jinse
05/07/2025·6DHeadlines
▌ BTC breaks through $97,000
The market shows that BTC broke through $97,000 and is now at $97,018.29, with a 24-hour increase of 2.42%. The market fluctuates greatly, please do a good job in risk control.
▌Pakistan and India exchange fire in Pakistan-controlled Kashmir
According to the Pakistani Army News Agency on May 7, Pakistan and India have begun to exchange fire on the Pakistani-controlled Kashmir control line, and Pakistan has launched ground and air combat operations. The Indian Ministry of Defense issued a press release in the early morning of the 7th to confirm that the Indian armed forces launched an operation code-named "Sindur" to crack down on facilities in Pakistan and Pakistan-controlled Kashmir. The communiqué states that the above-mentioned areas planned and directed the attacks against India.
Quotes
As of press time, according to Coingecko data:
BTC's recent transaction price is US$96,970.02, with an increase of +2.5% intraday increase of +2.5% ;
ETH's latest transaction price is US$1,819.20, with an intraday increase and decline of +0.2% ;
BNB's recent transaction price is US$604.18, with an intraday increase of +1.1% ;
SOL's latest transaction price is US$147.10, with an intraday increase and decrease of +0.6 % ;
DOGE's latest transaction price is US$0.1726, with an intraday increase and decrease of + 1.4 % ;
XPR's recent transaction price is US$2.15, with an intraday increase and decrease of +1.2 % .
policy
▌U.S. CFTC withdraws appeal to crypto prediction platform, Kalshi says "the election contract will continue"
Kalshi posted on X platform that the U.S. Commodity Futures Trading Commission (CFTC) has "withdrew its appeal to the crypto forecasting platform." Last year, the CFTC filed a motion to try to prevent Kalshi from providing forecast markets related to the November election. A federal judge ruled that the CFTC "overwhelmed its authority" in preventing Kalshi from allowing users to trade contracts. "The election contract will continue to exist," CFTC Commissioner Summer K. Mersinger also said in February. Kalshi said, "The election market will continue to exist."
▌Democratic senator proposes banning the president from investing or supporting crypto assets
After abruptly withdrawing support for the Senate’s first stablecoin regulation bill, Senate Democrats announced Tuesday that it would introduce a new bill that prohibits federal officials and their families from issuing digital assets, a bill that directly points to the stablecoins and meme coins currently held by Trump and his family.
"At present, anyone who wants to establish a relationship with the president can make the president personally profit by purchasing the cryptocurrency they own or control, which is an extremely corrupt act that threatens our national security and erodes the public's trust in the government. We must end this corruption immediately."
▌New Hampshire allows Bitcoin holdings to be capped at 5% of the state 's total funding
The governor of New Hampshire signed the HB 302 Act, which adopts Satoshi Action’s strategic Bitcoin Reserve (SBR) model. Contents of HB 302:
- Allow state finances to purchase bitcoin and top digital assets - authorized reserves to purchase up to $500 billion of Bitcoin (full stop loss only);
- Holding cap is 5% of the state's total funding - ensuring Bitcoin complements broader state investments;
- Enforce U.S. regulatory custody – Assets must be held by state-controlled multi-signatures or traded products through U.S. exchanges to maximize security and transparency;
-Effect 60 days after entry into force - Provides a clear operating framework for reserves and stacks.
Blockchain application
▌ ZKsync achieves full EVM equivalent, and developers can seamlessly deploy Ethereum contracts
According to ZKsync's official announcement, ZKsync has now achieved complete EVM Equivalence. Developers can directly use Solidity to compile and deploy the EVM bytecode on the ZKsync chain without using zkSolc, Foundry ZKsync and other special tools. This feature was introduced through the 27th version of the protocol and was officially approved and launched by the governance proposal ZIP-9.
EVM bytecode will be executed on EraVM through the EVM interpreter, achieving seamless compatibility with mainstream Ethereum development tools such as Foundry, Hardhat, and Remix. Despite this, due to different operating modes, the mechanism still has restrictions such as gas calculation methods, some EVM instructions (such as CALLCODE, SELFDESTRUCT) are not supported, and the execution cost is higher than that of native EraVM contracts. ZKsync recommends that performance-sensitive projects still prioritize EraVM native development. This upgrade will gradually expand to other ZK chains in the Elastic Network.
▌ Adidas launches NFT blind box for Xociety game based on Sui chain
Adidas creates an NFT skin for the upcoming third-person crypto-shooting RPG game Xociety, supporting Sui public chains. 2,600 Adidas mysterious blind box NFTs can open in-game skins, including black sweatshirts, neon sportswear and other styles with the Adidas logo printed on it. Each blind box contains clothing sets of different rarity, divided into four levels: Uncommon, Rare, Epic and First, and will be cast at Tradeport at 9 a.m. Eastern Time on May 16.
Cryptocurrency
▌ Bitwise has submitted an application for listing of spot NEAR ETFs to the US SEC
Digital asset management company Bitwise has filed a listing application for spot NEAR ETFs with the U.S. Securities and Exchange Commission, adding a new addition to the growing number of alternative coins currently competing for regulatory approval.
Bitwise Near Bitwise's registration statement on May 6 shows that ETFs will track the price trend of NEAR tokens through traditional brokers and deduct fees. Bitwise specifies Coinbase Custody as the custodian of the Bitwise NEAR ETF. The management fees, stock code and listing exchange for Bitwise NEAR ETF have not been determined.
▌ Doodles announces DOOD will launch Solana and launch airdrop plan
According to the official announcement of Doodles, the project's native token DOOD will be launched on Solana soon and airdrops will be issued to users who meet the conditions. Existing Doodles NFT holders can obtain airdrop shares through the website for limited time pre-registration; members of the "New Blood" community will automatically receive airdrops during TGE without registration. The community qualification inspection tool for Solana ecosystem will be launched soon, and detailed instructions can be viewed through the official FAQ page.
▌ WLFI has launched Snapshot proposal, planning to airdrop USD1 stablecoin to WLFI holders
According to the official announcement of World Liberty Financial, it has launched a Snapshot proposal, intending to test the chain airdrop function and issue a small amount of USD1 stablecoins to all eligible $WLFI holders to verify the actual operational effect of the airdrop system and give back to early supporters. The airdrop will be funded by WLFI and implemented through the Ethereum main network. The specific amount of issuance and qualification standards will be announced later. The vote has been started and will end on May 14th. The voting page shows a 100% approval rating.
▌Antalpha has applied for listing on the Nasdaq global market
Antalpha announced that its roadshow to launch an initial public offering of 3,850,000 shares of common shares has been launched, with an estimated issue price of between $11 and $13 per share. Antalpha plans to grant underwriters a 30-day option to allow them to purchase up to 577,500 additional shares of common stock in response to possible over-allotment. The F-1 registration statement related to the proposed shares issuance has been submitted to the Securities and Exchange Commission, but has not yet taken effect. These securities shall not be sold or offered to purchase shall not be accepted until the registration statement is effective.
According to reports, as Bitmain’s main loan partner, Antalpha provides Bitcoin supply chain and margin loans through the Antalpha Prime technology platform, which allows customers to initiate and manage their digital asset loans and monitor collateral positions through near-real-time data.
▌ Michael Saylor: Bitcoin industry will reach $200 trillion
According to Bitcoin Magazine, Michael Saylor said that the size of the Bitcoin industry will reach $200 trillion.
▌Bitcoin payment application Strike enters cryptocurrency lending business
Strike, a Bitcoin Lightning payment app founded by Jack Mallers, announced the launch of a new crypto lending program for personal and business accounts. "You shouldn't sell the best-performing assets in human history to get cash. Now you don't have to." Strike Lending will be the first to launch in parts of the United States, with plans to expand to international markets in the future. "These Bitcoin-backed loans will not be reported to credit institutions and will not affect credit scores." The loan amount starts at $75,000 and can reach up to $2 million, with an annual interest rate of at least 12%.
Important economic trends
▌Spot gold returns to the $3,400 mark, with a decline narrowing to 0.9%
Spot gold returned to the $3,400 mark, rebounding more than $20 from the day- lower, and the decline narrowed to 0.9%.
▌Huang Renxun says China 's AI market is expected to reach US$50 billion in the next few years, and the loss will be huge
NVDA.O CEO Huang Renxun said on May 6 local time that China's artificial intelligence market may reach about US$50 billion in the next two to three years. Missing this market will be a "huge loss". Being able to sell products to China will bring income and tax revenue and "create a large number of jobs in the United States."
▌California governor explains why it sued the US government: the most harmful to tariff policies
California Governor Newsom announced last month that he sued the Trump administration for tariffs. On the 5th, Newsom further explained why he sued the Trump administration in an interview with Canadian TV. Newsom said that as the strongest state in the United States, California is also most affected by tariff policies. Newsom said California is the largest state in the United States, with a population of 21 states combined. California is the fourth largest economy in the world, and California is also the largest manufacturing and agricultural state in the United States. Of all goods imported by the United States, 40% enter through ports in California. According to data released yesterday (4th), cargo volume has dropped by 35%. In addition, the number of tourists has also declined for two consecutive months.
Golden Encyclopedia
▌What is general artificial intelligence
Unlike narrow-minded artificial intelligence (ANI) (using artificial intelligence to solve a single problem), general artificial intelligence (AGI) refers to artificial intelligence that can understand, learn, and apply knowledge in a way that is indistinguishable from human cognition. AGI is still in the theoretical stage, but the prospect of artificial intelligence being able to replace human input and judgment in an all-round way naturally attracts widespread attention, and researchers, technologists and scholars are working to turn the concept of AGI into reality.
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