Morgan Stanley strategists said strong U.S. corporate earnings, particularly in the booming technology sector, have masked concerns about potential pressure on the stock market from Middle East conflict. A team led by Michael Wilson wrote in a report that S&P 500 earnings forecasts have been revised upwards across multiple timeframes over the past month. Second-quarter earnings forecasts were revised upwards by 2%, while full-year 2026 and the next 12 months' earnings forecasts were revised upwards by 3% and 4%, respectively. (Jinshi)

Morgan Stanley strategists have highlighted robust U.S. corporate earnings, particularly in the thriving technology sector, as a factor overshadowing concerns about potential pressure on the stock market from Middle East conflicts. According to Jin10, the team led by Michael Wilson noted in a report that earnings expectations for the S&P 500 index have been revised upwards across multiple periods over the past month. Specifically, second-quarter earnings expectations have been increased by 2%, while forecasts for the entire year of 2026 and the next 12 months have been raised by 3% and 4%, respectively.

According to Coinglass data, $75.91 million in positions were liquidated across the network in the past hour, including $68.97 million in long positions and $6.93 million in short positions. In addition, $26.94 million in BTC positions were liquidated and $19.94 million in ETH positions were liquidated.

According to Gate data, WTI crude oil rose above $108 per barrel, up 5.73% on the day. Brent crude oil touched $112 per barrel, up 4.14% on the day. Spot silver fell sharply by 4.00% on the day, currently trading at $72.71 per ounce.

X's head of Product Nikita Bier has just revealed that crypto is the topic most likely to be muted by X users, as fewer and fewer users want to see crypto-related news on their "For You" page.

A QCP Capital analysis points out that after a solid performance in April, Bitcoin continued its strong upward trend in early May, breaking the $80,000 mark for the first time since January 31. This rise is synchronized with the performance of US stocks, and the correlation between BTC and the US stock market has rebounded to levels close to those of 2023, indicating a renewed strengthening of its linkage with risk assets. Notably, BTC still rose despite Strategy's suspension of Bitcoin purchases this week, suggesting that market momentum is no longer solely reliant on the "hoarding narrative" but is gradually shifting towards broader financial support. Spot ETF inflows remain a significant positive factor, recording a net inflow of approximately $163 million last week. Although there were some outflows between April 27 and 29 (possibly related to month-end rebalancing and basis trading adjustments), Friday's large inflow of approximately $630 million largely offset the previous outflows, maintaining overall positive support. QCP points out that while ETF funds and continued Strategy holdings continue to support the market, the current rally may indicate that broader institutional participation is creating new momentum. The key going forward is whether BTC can effectively hold above the CME gap range of $82,000 to $83,000, which will be a crucial watershed for the continuation of the short-term trend. On the macro front, despite lingering geopolitical risks (especially the US-Iran situation), market volatility remains low, with the VIX currently hovering around 17, indicating that the market is temporarily betting on a de-escalation. However, with the US launching "Project Freedom," Iran's response could potentially impact the market. This week is packed with macro and industry events, including Job Openings (JOLTS), ADP employment data, the Non-Farm Payrolls (NFP) report, and earnings reports from crypto-related companies such as Coinbase and Block, which could exacerbate market volatility. Overall, QCP believes that in the absence of a clear upward breakout signal, the market may continue its oscillating pattern. Rebounds in volatility and spot prices may be met with selling pressure, and it is necessary to pay attention to whether there is a stronger catalyst to drive BTC to form a sustained breakout.

OpenAI is trying to patch the vulnerabilities, but the lives lost continue to test the boundaries between technology and humanity.

Iran's Fars News Agency has reported that two missiles struck a U.S. warship. According to Odaily, the incident was covered by the Iranian media outlet. Further details regarding the event have not been disclosed.

European stock markets saw significant declines, with the Italian FTSE MIB index dropping by 1% during the day. According to ChainCatcher, the French CAC 40 index also fell below the 8,000-point mark, experiencing a daily decrease of 1.42%. These movements reflect ongoing volatility in European financial markets.

In response to a community user's claim that "Binance Square's live stream account will be banned if you watch the market for just one hour without making any moves," He Yi posted a statement saying, "It's a problem with Binance Square's live stream risk control strategy. Previously, we encountered some accounts that had no sound or transactions, but were running all day, so the system automatically scans for live streams with no activity." He Yi added that they would resolve this issue.

On May 04, 2026, 10:07 AM(UTC). According to Binance Market Data, Bitcoin has dropped below 79,000 USDT and is now trading at 78,795.007813 USDT, with a narrowed narrowed 0.42% increase in 24 hours.

According to Gate data, Brent crude oil rose above $110 per barrel, up 2.27% on the day. WTI crude oil surged 4.00% on the day, currently trading at $106.26 per barrel. Spot silver fell 3.00% on the day, currently trading at $73.47 per ounce. Spot gold retreated below $4550 per ounce, down 1.52% on the day. Spot silver retreated below $74 per ounce, down 2.41% on the day.

Singapore is testing AI with five banks and agencies to spot scam transactions earlier using shared data. The trial aims to improve detection and reduce losses, with plans to expand if it works well.

The XRP community has been hit by a new kind of threat—and this time, it unfolded in real time during a live event.

Morgan Stanley added another 286.7 Bitcoin worth about $22.5 million, bringing its total holdings to around 2,620 BTC valued at roughly $205 million.

Brazil has banned foreign exchange providers from using stablecoins and cryptocurrencies to settle cross-border payments, forcing them to use traditional banking channels instead. Crypto trading remains legal, but firms using blockchain for remittances must change their systems by deadlines running to 2027.

The long-stalled CLARITY Act is now on the brink of a decisive breakthrough, with U.S. senators reaching a critical compromise that could push the landmark crypto bill to a floor vote as early as May.

Nobitex, Iran’s dominant cryptocurrency platform, has been thrust into the spotlight after a Reuters investigation revealed it was founded by individuals linked to one of the country’s most powerful political families—raising fresh questions about the intersection of crypto infrastructure and state influence.

Russia is planning to charge about $2 per gigabyte for international internet use, a move that would make VPN use much more expensive for everyday users. It is also raising licence fees for small internet providers and expanding surveillance systems, which could force most smaller firms out and increase state control over the internet.

Asset tokenization will bring various assets and transactions onto the blockchain, reshaping capital markets; this massive wave is just beginning. Networks focused on institutional needs are expected to lead the way in the short term, while open public chains continue to improve their privacy and identity infrastructure.