Iranian Foreign Minister Araqchi stated that commercial vessel passage through the Strait of Hormuz has been reopened. In accordance with the ceasefire agreement in Lebanon, the Iranian Ports and Maritime Organization has announced that, for the remainder of the ceasefire, all commercial vessels will have full access to the Strait of Hormuz, with routes entirely consistent with previously announced plans. (Jinshi)

According to Gate data, both WTI and Brent crude oil prices have fallen more than 4% today, currently trading at $88.77 per barrel and $90.76 per barrel respectively. In addition, the latest yield on the 10-year U.S. Treasury note is 4.27%, and the yield on the 2-year Treasury note is 3.74%.

US law firm Bernstein Liebhard announced it has filed a securities fraud class-action lawsuit on behalf of investors against Nasdaq-listed cryptocurrency exchange Gemini Space Station. The lawsuit alleges that Gemini made false statements about its business operations and prospects in its prospectus and related disclosures, particularly exaggerating the viability of its core crypto platform business. Investors wishing to serve as lead plaintiffs must submit their applications by May 18, 2026. Bernstein Liebhard is a well-known investor relations law firm that has previously filed class-action lawsuits against companies such as Ruhnn (the first publicly traded influencer e-commerce company), Apple, and AsiaInfo Technologies. (Globenewswire)

The Ethereum Foundation announced that its co-sponsored ETH Rangers project has completed its six-month run. This project aimed to fund independent researchers who contribute to the public security of the Ethereum ecosystem. The 17 recipients achieved significant results in vulnerability research, security tool development, threat intelligence, and incident response, including: recovering or freezing over $5.8 million in funds, reporting or logging over 785 vulnerabilities and client-side issues, identifying approximately 100 attackers, providing security education content to over 209,000 users, and handling over 36 security incidents. Furthermore, the project encouraged over 800 teams to participate in security challenges, produced over 80 technical sharing sessions and training sessions, and developed or improved over 7 open-source security tools. The Ethereum Foundation stated that these achievements demonstrate the need for "decentralized defense" for decentralized networks and effectively enhance the overall security and resilience of the Ethereum ecosystem.

In the first episode of its official podcast hosted by Chairman Paul Atkins, co-commissioners Mark Uyeda and Hester Peirce systematically outlined the regulatory direction for 2026, signaling a clear shift from an "enforcement-oriented" to a "collaboration and innovation-oriented" approach. Atkins stated that the U.S. should be the preferred location for innovative activities such as crypto, calling the current situation a "significant inflection point for the U.S. market." Peirce emphasized the need to establish an open financial regulatory system for innovation to enhance market resilience. In recent years, the SEC has introduced several policy adjustments, including recognizing that "most crypto assets" are not securities, providing exemptions for DeFi interfaces, and withdrawing or terminating some enforcement cases against companies such as Ripple, Coinbase, and Binance. Data shows that the number of SEC enforcement actions in fiscal year 2025 decreased by 22% year-on-year, and fines and forfeitures decreased from $8.2 billion to $2.7 billion. Analysts say that past enforcement actions against the crypto industry have "led to misleading expectations." Market participants believe this shift may help attract institutional funds back and promote the development of products such as derivatives and ETFs. However, the policy's sustainability still depends on the progress of legislation in the US Congress, and the market as a whole remains cautious and wait-and-see. (Decrypt)

SEC Chair Paul Atkins has outlined a pro-innovation agenda for cryptocurrency during the debut episode of the agency's Material Matters podcast. According to NS3.AI, this comes as SEC enforcement actions decreased by 22% in fiscal 2025, with monetary relief dropping from $8.2 billion to $2.7 billion. Industry executives have expressed that clearer regulations could facilitate institutional adoption of cryptocurrencies. However, they caution that the role of Congress and the speed of execution remain critical factors in the process.

American Bitcoin (ABTC), a mining company linked to the Trump family, has announced plans to release its first-quarter financial results for 2026 on May 6, following the close of the U.S. stock market. According to Odaily, the company's management will hold a conference call and webcast at 16:30 Eastern Time on the same day. The event will also be broadcast live via X Space, allowing investors and the public to participate in the discussion of the company's performance.

ASTEROID experienced a dramatic increase of 44,923% after U.S. President Donald Trump replied to a viral post associated with the Asteroid plush Shiba Inu. According to NS3.AI, Arkham identified a trader whose 1 ETH ASTEROID investment soared to nearly $474,000 within three hours. Additionally, ASTEROIDBOT saw a 15% rise due to the same narrative. The significant concentration of gains among a limited number of wallets suggests the potential for a sharp correction if early investors decide to take profits.

Soluna Holdings, a Nasdaq-listed company developing green data centers for computing-intensive applications such as Bitcoin mining and artificial intelligence, announced a $16.5 million acquisition of Spring Lane Capital's stake in Project Dorothy 1A (D1A), giving it 100% control of the project. This transaction marks another step in Soluna's vertical integration of the Dorothy campus, following its $53 million acquisition of the Briscoe wind farm earlier this month. The company stated it will continue to drive its transformation into a comprehensive computing hub centered on AI computing. (Businesswire)

Goldman Sachs has highlighted a resurgence in the AI investment theme as markets show signs of recovery. According to NS3.AI, Dominic Wilson noted that semiconductor stocks are performing strongly, reaching new highs. However, he cautioned that software stocks are experiencing more pressure. Wilson also warned that near-term volatility continues to pose a risk.

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.

Grinex halted trading after hackers stole around $13–15 million from its wallets in a coordinated attack involving 54 addresses. The stolen funds were quickly moved across multiple blockchains and converted into other assets to make them harder to trace.