P2P.org, a provider of institutional crypto staking infrastructure, has announced the appointment of Betsabe Botaitis as its new Chief Financial Officer. According to Foresight News, Botaitis brings extensive experience in financial data strategy and AI applications, having previously worked at Citigroup and LendingClub. Founded in 2018, P2P.org offers validator, server, and security system support for over 40 blockchain networks, including Ethereum and Solana. The company assists institutional clients such as banks, exchanges, digital wallets, and custodians in earning staking rewards without the need to build their own systems.

Trader "DaDaDaBit" posted that he currently primarily holds BTC and ETH, with limited participation in other mainstream and large-cap altcoins. He believes that the altcoin market has not yet completed its shakeout, and market performance continues to show a divergent trend, with a significant difference in performance between Bitcoin and other assets. He also stated that he will only participate in some price increases during periods of market hype, maintaining a cautious attitude towards low-market-cap tokens.

FOMC member and San Francisco Federal Reserve President Mary Daly is scheduled to deliver a speech in ten minutes. According to Jin10, her remarks are anticipated to provide insights into the Federal Reserve's monetary policy direction and economic outlook. Market participants are closely watching for any indications of future interest rate adjustments or policy shifts. Daly's comments could influence market sentiment and investor expectations regarding the U.S. economy.

The U.S. Navy has issued a notice to its personnel regarding potential mine threats in certain areas of the Hormuz Strait. According to BlockBeats, the advisory suggests that sailors should consider avoiding these regions due to the unclear status of the threat. The Hormuz Strait is a critical waterway for global oil transportation, and any disruption could have significant implications for international shipping and energy markets.

Keir Starmer, the leader of the Labour Party, is facing mounting pressure to resign following recent developments. Bloomberg posted on X that the ongoing conflict involving Iran has been a significant challenge for Starmer. However, the situation has been further complicated by new revelations concerning Peter Mandelson, a prominent figure within the party. These revelations have reignited demands for Starmer's resignation, adding to the political turmoil he is currently navigating. The combination of international conflict and internal party issues presents a complex scenario for Starmer as he seeks to maintain his leadership position.

RaveDAO's RAVE token is currently retesting the $20 mark, with technical analysis suggesting a potential decline. According to NS3.AI, a double-peak setup indicates $15.34 as the initial downside target if the pattern confirms. Coinglass data reveals that open interest is approximately $500 million, which remains below the peak of $510 million observed on April 13.

Following Iranian Foreign Minister Araqchi's announcement of the full opening of the Strait of Hormuz, Trump posted 11 tweets detailing the situation. Trump stated that the "Iran Strait" was fully open and ready for full passage. With US assistance, Iran was clearing mines. Furthermore, Iran would no longer close the Strait of Hormuz or use it as a weapon against the world. However, the maritime blockade against Iran would remain fully effective until all transactions with Iran were 100% completed. Trump praised the US for destroying Iran's nuclear program through its powerful military, stating that the US would acquire all of Iran's nuclear materials. He thanked Pakistan and its great Prime Minister and Marshal, as well as Saudi Arabia, the UAE, and Qatar for their assistance. NATO only called after the fact and was useless when needed. Lebanon was a different matter; Israel was prohibited from bombing Lebanon again, and the US would cooperate solely with Lebanon to properly handle the Hezbollah situation. The failed New York Times, CNN, which reported fake news, and other media outlets didn't even say, "Well done, Mr. President." In short, today was a great and glorious day for the world. (Jin Shi)

According to Iranian media outlet Fars News, Iranian officials stated that if the US Navy's blockade continues, Tehran will consider it a violation of the ceasefire agreement and will close the Strait of Hormuz. (Jinshi)

Anthropic has announced the launch of a new product named 'Claude Design,' developed by Anthropic Labs. According to Jin10, this product aims to enhance user experience by integrating advanced AI capabilities. The launch marks a significant step for Anthropic in expanding its portfolio of AI-driven solutions. The company has not disclosed further details about the specific features or applications of 'Claude Design,' but it is expected to contribute to the growing field of AI technology.

Nikita Bier, the product lead for X, announced on the platform that since the launch of Cashtags on Tuesday evening, X has facilitated approximately $1 billion in global transactions. According to Odaily, this data stems from the initial pilot phase, highlighting the significant impact of integrating social platform features with trading functionalities on market liquidity and user engagement. Cashtags allow users to view real-time data and price charts for stocks or crypto assets when searching or posting content that includes a Cashtag or contract address.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on MEME, DeFi, DAO, NFT, and the metaverse industry.

After Binance announced its crackdown on active market makers at the end of March, active market makers began to take action.

Overall, although a few strong altcoins amplified the market effect, most assets are still in a liquidity vacuum.

Bitcoin successfully broke out of the $62.8k–$72.6k range, briefly touching the $74k mark. This breakout strategically signifies that the market has moved from a geopolitically induced "forced deleveraging" phase to an "initial stabilization period."

Discussions surrounding stablecoins have long focused on one question: who will issue the next dominant stablecoin?

A group of Drift Protocol investors are seeking to bring stablecoin issuer Circle to court, blaming the company for its inaction following the Drift Protocol hack.

OpenAI has paused its Stargate UK data centre plan, saying energy costs and regulation were the main reasons. The UK AI minister disputes this, saying conditions have not changed and pointing instead to OpenAI’s financial pressures.

The most valuable thing in the future will be the oldest thing. It's not computing power. It's not data. It's not models. It's when one person says "I believe in you" to another, and that promise is truly fulfilled.

A Brazilian cybersecurity researcher has raised alarm bells, warning others about counterfeit ledger devices that has been planted by scammers in the Chinese market in the attempt to steal users' crypto.

Exchanges are replacing traditional venture capital (VC) firms, gradually gaining control over initial public offerings (IPOs), pricing power, and liquidity. Exchanges are eroding the informational, investment, and lock-up advantages of traditional VCs, and arbitrage opportunities for VCs are being continuously squeezed.