According to the monitoring of on-chain analyst Ember, the whale who made a profit of $732,000 in just half an hour through the news of Trump's dinner plan repurchased TRUMP 7 hours ago: using 5.732 million USDC to buy 427,000 TRUMP at a price of $13.4. Among the 5.732 million USDC, 5 million was the principal he withdrew from Binance, and 732,000 was the profit on TRUMP the day before yesterday.

U.S. Securities and Exchange Commission (SEC) Commissioner Mark T. Uyeda said at a crypto asset custody roundtable that federal regulators currently allow national banks to custody crypto assets as trustees. Given the historical practice of allowing state-chartered banks to compete with federally chartered banks, he suggested that the SEC should consider listing state-chartered trust companies as qualified crypto custodians.

In response to Trump's dinner for TRUMP holders, U.S. Senator Jon Ossoff believes that lawmakers should impeach Trump. He emphasized that "when the sitting president of the United States sells access rights and the money is actually paid directly to him, there is no doubt that this has risen to the level of impeachment."

The world's first spot exchange-traded fund (ETF) linked to XRP was issued by Hashdex and managed by Genial Investimentos. It began trading on the Brazilian Stock Exchange B3 on April 25. The ETF code is XRPH11 and tracks the Nasdaq XRP Reference Price Index. According to Hashdex, the ETF will allocate at least 95% of its net assets to XRP.

According to the monitoring of on-chain analyst Ember, a whale who had borrowed money to short sell 8,000 ETH continued to short sell 4,000 ETH after ETH rose to $1,800. The whale bought back the 8,000 ETH that he had shorted yesterday afternoon and closed the position, losing $208,000. Last night, ETH rose back to $1,800, so he borrowed 4,000 ETH (7.25 million US dollars) from Aave again and sold it at $1,808.6 for short selling.

U.S. President Donald Trump said he was unlikely to approve another 90-day tariff suspension. “Hopefully, we can make trade deals with a number of countries. We’re going to be reasonable,” Trump told reporters traveling with him on Air Force One.

The Federal Reserve released its semi-annual Financial Stability Report, which showed that rising global trade risks, overall policy uncertainty and the sustainability of U.S. debt topped the list of potential risks to the U.S. financial system. This is the first time the Fed has conducted a semi-annual survey on financial risks since Trump returned to the White House. 73% of respondents said that global trade risks were their biggest concern, more than double the proportion reported in November. Half of the respondents believed that overall policy uncertainty was the most worrying issue, an increase from the same period last year. The survey also found that issues related to recent market turmoil have received more attention, with 27% of respondents worried about the functioning of the U.S. Treasury market, up from 17% last fall. Foreign withdrawals from U.S. assets and the value of the dollar have also risen on the list of concerns.

Z Squared, a company focused on DOGE mining, will go public through a merger with biopharmaceutical company Coeptis (COEP). The transaction is expected to be completed in the third quarter of this year, when 9,000 DOGE mining machines will be put into operation. The merger will allow the new company to continue to operate the mining business of Dogecoin (DOGE), while Coeptis' pharmaceutical business will be spun off and operated independently. After the merger, the company will become one of the largest listed companies, mainly focusing on the mining of Dogecoin and other cryptocurrencies such as Litecoin (LTC).

On his fourth day in office, U.S. SEC Chairman Paul Atkins said that digital assets are expected to bring "huge benefits" and said he plans to work with lawmakers to establish a regulatory framework for cryptocurrencies. Paul Atkins said: "I look forward to engaging with market participants and working with colleagues in President Trump's administration and Congress to establish a reasonable and applicable framework for crypto assets." Digital assets are expected to bring "huge benefits", including reducing risks and cutting costs.

According to the official announcement, TON will officially stop using Toncoin Bridge on May 10. At that time, users will no longer be able to transfer Toncoin from TON to Ethereum or BNB Smart Chain through the bridge, but the previous cross-chain assets can still be collected. At present, the bridge function between Toncoin and TON will be temporarily retained, and the termination time will be announced separately.

Binance detailed its listing and delisting standards, including listing requirements for products such as Binance Alpha, Binance Futures, and Binance Spot, as well as the conditions that project teams must meet. Binance also emphasized continuous monitoring of market performance, team background, compliance, and product security, and projects that do not meet the standards may be delisted.

Jeff Weinstein, product director of US payment giant Stripe, posted on the X platform that Stripe is building its first financial product centered on stablecoins, which is ready for testing.

Bitcoin led a rebound in risk assets and is on track for its biggest weekly gain since Trump won the U.S. presidential election. The tech-heavy Nasdaq 100 index rose about 5% as investors digested the impact of Trump's trade war, but Bitcoin has risen about 12% since last week, surpassing $95,000 for the first time since early March. "Amid the ongoing volatility, implied correlations within cryptocurrencies remain high," said Jack Ostrovskis, a trader at cryptocurrency market-making firm Wintermute. "So while the overall market has improved, it's clear that macro and geopolitical forces remain the main drivers of capital flows."

Nasdaq sent a letter to the US SEC Crypto Working Group, suggesting that regulators carefully classify digital assets and clarify the regulatory "referees". The document was signed by John Zecca, director of regulatory affairs, and proposed four categories: first, financial securities tokens (such as tokens linked to stocks, bonds, and ETFs, which should be treated the same as underlying assets), which are regulated by the SEC; second, digital asset investment contracts (tokenized contracts that meet the revised Howey test), which are subject to securities rules; third, digital asset commodities (which meet the US commodity definition) are under the jurisdiction of the CFTC; fourth, other digital assets (not included in the first three categories, and are not subject to securities or commodity rules). The SEC and the CFTC will work together to clarify the regulatory boundaries, and the new cryptocurrency law may become a guiding basis. Nasdaq also suggested the establishment of cross-trading qualifications for multi-type asset processing platforms, and emphasized its credibility in the field of digital assets, calling for companies that fully handle investor activities to strengthen security constraints and align with industry practices.

Kevin Owocki, co-founder of Gitcoin, posted on the X platform that Gitcoin will close its main software development department, Grants Lab, and lay off some team members. Behind this decision is the change in the ecological environment: the way of funding public products is evolving, the L2 ecosystem is gradually maturing, the collaboration mechanism is constantly innovating, and new competitors are constantly emerging. At the same time, key members of Grants Lab have left one after another, and the team lacks a clear and sustainable profit model in its current form, causing its financial expenditure to exceed its affordable range. Therefore, Grants Lab will no longer apply for the budget for the second half of 2025, and the remaining funds will be used to pay severance pay to affected employees. Gitcoin said that they will do their best to support the transition of departing employees in a respectful and caring manner.

The Meme Coin team of US President Donald Trump has denied rumors circulating on social media that official TRUMP token holders will need at least $300,000 to attend the upcoming dinner with Trump. The rumor stems from community members citing information from the Solana blockchain explorer showing the holders of the token contract address. As of the time of writing, the explorer shows that the 220th holder holds 33,114 TRUMP tokens, worth more than $400,000. However, the Meme Coin team said that the explorer does not reflect their standards. "People mistakenly use the 220th holder data on the blockchain explorer as the qualification line, which is inaccurate because the data includes locked tokens, exchange positions, market maker positions, and user positions that did not participate in the event. The actual participation qualification should be based on the official leaderboard." According to the Meme Coin official website, the team will select the winners based on "time-weighted holdings", which takes into account the number of tokens held and the length of time they are held.

Semler Scientific, a U.S.-listed medical technology company, announced that it would spend $10 million to increase its holdings of 111 BTC.