California Democratic Representative Maxine Waters, a prominent figure in Congress advocating for stricter cryptocurrency regulation, is facing scrutiny as her opponent, nonprofit executive Myla Rahman, receives significant campaign funding from the crypto industry. According to BlockBeats, Rahman has raised approximately $14,500 since announcing her candidacy in February, with about 69% of the funds coming from the crypto sector. The largest single donation of $6,600 was made by Brad Garlinghouse, with additional support from executives at the Solana Policy Institute. Waters, a senior member of the House Financial Services Committee, has been a strong proponent of increased regulation in the crypto industry. If the Democrats succeed in the upcoming midterm elections, she is poised to become the chair of the Financial Services Committee. Analysts suggest that this potential shift is prompting the crypto industry to strategically allocate political resources to influence future regulatory frameworks. Currently, the crypto industry is advocating for the passage of the Clarity Act, which aims to establish a more lenient regulatory environment. However, this legislation faces strong opposition from the traditional banking sector, which fears it could lead to a shift of deposits into the crypto market. Despite her regulatory stance, Waters has previously received political donations from Chris Larsen, indicating that crypto capital is strategically engaging with both parties and across different regulatory perspectives.

Arkham has identified the on-chain wallet address of the Morgan Stanley Bitcoin Trust (MSBT). According to Foresight News, this wallet currently holds 1,348 BTC.

Arkham 在 X 平台发文表示，已识别摩根士丹利旗下现货比特币交易所交易基金 Morgan Stanley Bitcoin Trust（MSBT）的链上钱包地址，成为首个公开识别该 ETF 链上 BTC 持仓的平台，使用户可以实时追踪资金流入与流出情况。据悉，摩根士丹利比特币 ETF 已于 4 月 8 日在 NYSE Arca 上市，由 Coinbase 与 BNY Mellon 担任托管机构，据 Arkham 追踪数据显示目前持有 1348 枚 BTC，价值约合 1.0392 亿美元。

Binance announced on X a series of updates to its wallet services aimed at improving user experience and functionality. The latest enhancements include a streamlined process for purchasing tokens, improved asset management features, and additional tools for decentralized finance (DeFi) enthusiasts. The new update allows users to swiftly purchase tokens by searching for their addresses, simplifying the buying process significantly. Additionally, the asset page now displays the annualized yield rates of mainstream cryptocurrencies, providing users with quick access to investment opportunities. This feature is designed to help users make informed decisions by offering a clear view of potential returns. For DeFi users, the wallet now supports staking and redemption directly from the token details page. This update also includes information on the protocols and annualized yield rates, offering a comprehensive overview for users interested in DeFi activities. Furthermore, a new 'Hot Radar' section has been added to the favorites bar, enabling users to explore trending topics and signals with ease. These updates reflect Binance's ongoing commitment to enhancing its platform's usability and functionality. By integrating these features, Binance aims to provide a more seamless and informative experience for its users, catering to both novice and experienced cryptocurrency enthusiasts. The platform continues to evolve, offering tools and features that align with the dynamic needs of the digital asset community.

Iran has not agreed to hold the next round of negotiations with the United States, according to ChainCatcher. The report, originally from Iran's Tasnim News Agency, highlights the ongoing diplomatic tensions between the two nations. The decision comes amid complex geopolitical dynamics and unresolved issues that continue to challenge bilateral relations.

PANews posted on X (formerly Twitter). Bitwise advisor Jeff Park has expressed concerns about the financial challenges facing the younger generation. According to Park, the current financial system has structurally collapsed, leading to a widening gap between the wealthy and the less affluent. While the assets of the rich continue to appreciate, the wages of the poor are diminishing, creating an ever-deepening divide. This economic disparity has prompted many millennials to turn to Bitcoin, especially following the Occupy Wall Street movement, as they seek alternatives in the face of these challenges.

Saudi Arabia's sovereign wealth fund is scaling back its expenditures due to financial pressures, impacting its ambitious mega-projects and notable international investments. Wall Street Journal (Markets) posted on X that the fund, known for its significant global presence, is facing challenges in maintaining its previous levels of investment. The decision to reduce spending comes as the fund navigates economic constraints, prompting a reassessment of its financial strategies. This move is expected to influence the progress of several high-profile projects and investments worldwide, reflecting the broader economic adjustments within the kingdom.

Highstreet (HIGH) has experienced a significant price increase, surpassing 0.4 USDT. According to Odaily, the token is currently trading at 0.478 USDT, marking a 24-hour rise of 315%.

行情数据显示，HIGH（Highstreet）上涨突破 0.4 USDT，现报 0.478 USDT，24H 涨幅 315%。

The global cryptocurrency market cap now stands at $2.58T, up by 1.69% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $75,096 and $78,333 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $76,567, up by 0.32%. Most major cryptocurrencies by market cap are trading mixed. Market outperformers include HIGH, ALICE, and PORTAL, up by 325%, 68%, and 49%, respectively. Top stories of the day: US Stocks Open Higher as Crypto-Linked Shares Rally Bitcoin News Today: Bitcoin Breaks Above $78K as Iran De-Escalation Drives Oil Lower Market movers: ETH: $2377.63 (+0.18%) BNB: $635.49 (+0.12%) XRP: $1.4506 (-0.52%) SOL: $87.51 (-2.17%) TRX: $0.3274 (+0.74%) DOGE: $0.09696 (-2.52%) WBTC: $76397.78 (+0.62%) U: $0.9995 (-0.03%) XAUT: $4803.23 (+0.52%) ADA: $0.2547 (-1.81%) Top gainers on Binance: HIGH/USDT (+325%) ALICE/USDT (+68%) PORTAL/USDT (+49%)

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