PANews reported on May 2 that according to CoinDesk, Wall Street analysts expressed support for Strategy's $84 billion Bitcoin expansion "42/42 Plan". Benchmark and TD Cowen analysts reiterated their buy ratings on the company, believing that its capital raising strategy is feasible, including: 1. Benchmark analyst Mark Palmer believes that Strategy has demonstrated its first-mover advantage in Bitcoin accumulation and has the ability to accelerate acquisitions, raising the company's target price to $650; 2. TD Cowen analyst Lance Vitanza believes that Strategy's $111 billion market value and strong trading liquidity enhance the credibility of the new financing plan and raises the company's target price to $550.

PANews reported on May 2 that Walter Bloomberg (@DeItaone) posted on the X platform that Strategy (formerly MicroStrategy) is now more focused on Bitcoin than software. The company reported a first-quarter loss of $4.23 billion ($16.49 per share), far exceeding expectations, and a 3.6% drop in revenue to $111.1 million, also below expectations. It is reported that Strategy will launch a new "42/42 plan" to raise $84 billion in two years to buy Bitcoin. The company has previously launched a $42 billion "21/21 plan". Analysts said that Strategy is still a strong alternative to Bitcoin, with a price-to-earnings ratio of 2.13 times, and its performance remains solid despite market fluctuations.

PANews reported on May 2 that according to CoinDesk, although Bitcoin's recent breakthrough of $97,000 has triggered market expectations for its impact on $100,000, analysts warn that the traditional financial market's "Sell in May and go away" seasonal pattern may put pressure on the crypto market. BTSE Chief Operating Officer Jeff Mei said that historical data shows that financial markets performed relatively weakly from May to October, and many investors followed the "sell in May" strategy.

PANews reported on May 2 that according to Cointelegraph, the latest report released by the on-chain analysis agency Glassnode shows that the current unrealized profit of long-term holders (LTH) who have held Bitcoin for more than six months is close to 350%, a level that has triggered large-scale profit-taking many times in history. Trader TheKingfisher pointed out that there are currently a large number of long liquidation orders below $91,000, while there are relatively few short orders above the current price, indicating that the market lacks action and there is a downside risk.

PANews reported on May 2 that according to MarketWatch, U.S. Treasuries suffered a sharp sell-off earlier this month, and Bitcoin has shown relative strength against U.S. stocks and the U.S. dollar in the past few weeks, but Nationwide Financial chief market strategist Mark Hackett believes that this does not mean that Bitcoin has suddenly joined the ranks of traditional safe-haven assets, or has become a store of value or defensive asset. Gold is obviously a defensive asset, while Bitcoin is more of a risk-seeking asset rather than a safe-haven asset. Until recently, it has changed. It is "too early" for Bitcoin bulls to claim that it has become a means of storing value, but this trend is worth paying attention to.

PANews reported on May 2 that according to The Block, the U.S. GDP in the first quarter of 2025 fell by an annualized 0.3%, the first negative growth since 2022. BRN chief research analyst Valentin Fournier pointed out that slowing economic growth and cooling inflation may prompt the Federal Reserve to adopt a more dovish monetary policy stance, providing support for risky assets such as Bitcoin. The current bullish price trend is the main demand driver. A new round of liquidity injection may lead to alternative risk assets such as cryptocurrencies benefiting more than stocks, as stocks may struggle in the event of an economic slowdown.

PANews reported on May 2 that according to CNBC, Mathew McDermott, global head of digital assets at Goldman Sachs, said at TOKEN2049 that it will expand digital asset trading activities, explore crypto lending, and bet heavily on tokenization. Mathew McDermott believes that more and more Goldman Sachs clients are eager to participate more actively in digital asset trading, and Goldman Sachs will focus on business implementation.

According to the official announcement, Binance Futures will launch pre-market trading of SXTUSDT perpetual contracts at 16:30 (ET8) on May 2, with a maximum leverage of 5 times.

The Ethereum spot ETF with the largest single-day net inflow yesterday was the Grayscale Ethereum Mini Trust ETF ETH, with a single-day net inflow of US$11.984 million. The current total net inflow of ETH in history has reached US$617 million.

The Bitcoin spot ETF with the largest single-day net inflow yesterday was Blackrock ETF IBIT, with a single-day net inflow of US$351 million. Currently, IBIT's total historical net inflow has reached US$43.006 billion.

Movement tweeted that it has confirmed that co-founder Rushi Manche has been suspended from Movement Labs. This decision is based on current events and Groom Lake is still undergoing a third-party review of organizational governance and recent events involving market makers.

According to the monitoring of on-chain analyst @ai_9684xtpa, the top 5 whales on the TRUMP dinner list recharged all 126,000 TRUMP into Bybit 11 hours ago, with a value of US$1.65 million; the proposed price was US$9.71 and the recharge price was US$13.02. If sold, the profit will be US$420,000.

According to Onchain Lens, a whale deposited the last 2,680 ETH (worth $4.93 million) into Kraken after staking for two years, but still faced a loss of about $255,000. The whale initially staked 4,889 ETH (worth $9.14 million) and received a reward of 291 ETH. A total of 5,180 ETH (US$8.88 million) was returned, resulting in a net loss.

According to an official announcement, Japanese listed company Metaplanet will issue 3.6 billion yen (about 24.69 million US dollars) of zero-interest ordinary bonds to purchase Bitcoin.

According to The Data Nerd, 10 minutes ago, whale user 0xaDd recharged 3,000 ETH (worth $5.53 million) to Kraken. These ETH were purchased during the ICO and had been idle for 3 years before the recharge. Currently, the whale still has 2,000 ETH (about $3.69 million) in his wallet.