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According to Jinshi, the unemployment rate in the United States for April was 4.3%, consistent with market expectations and the previous value, both at 4.3%.

Global leading cryptocurrency asset trading platform Gate announced that it will hold the "Gate x Inter XIII: Champion's Circle" offline event in Milan on May 21.This event coincides with Inter Milan Football Club securing the championship three rounds early in the 2025-26 Serie A season, successfully winning the club's 21st league trophy, while Gate also celebrates its thirteenth anniversary. As the official sleeve sponsor of Inter Milan, Gate witnesses the championship moment alongside the team, with its brand influence continuously rising in both the sports and Web3 industries.During this event, Gate will invite participants to the Inter Milan headquarters to closely view the trophy that symbolizes championship glory and experience the history and culture of a top-tier club. Legendary Inter Milan players will appear to share behind-the-scenes stories from the pitch and locker room, and there will be opportunities for photos and autograph interactions.At the same time, Gate's CMO will engage in a community development dialogue with Inter Milan executives, discussing topics such as global user growth, brand culture, and community operations. The event will also include a tasting session for the limited edition Gate x Inter Milan co-branded pizza. After the event, Gate will publicly release the co-branded pizza recipe to further extend community interaction and festive atmosphere.In addition, Gate's compliance progress in Europe is continuously advancing, with its Malta company Gate Technology Ltd having obtained European MiCA and PI licenses under the supervision of the Malta Financial Services Authority (MFSA), further strengthening its global compliance layout. Leveraging top-tier sports IP and the popularity of international events, Gate will continue to expand the boundaries of connection with mainstream culture.

According to Jinshi reports, Mitsubishi UFJ Bank analyst Derek Halpern stated in a report that if the upcoming U.S. non-farm payroll data supports a rate cut by the Federal Reserve, the dollar may decline. If the employment data is weak, coupled with a further drop in oil prices due to a potential peace agreement between the U.S. and Iran in the coming days, it may trigger market expectations for a divergence in monetary policy between the Federal Reserve and other central banks.

Mantle token holders have approved a credit line of up to 30,000 ETH (approximately $68 million) to Aave DAO through the MIP-34 proposal. This move aims to help address the potential bad debt issues arising from the rsETH attack incident in April, which is estimated to have caused bad debts between $123.7 million and $230.1 million.The proposal was passed in a seven-day Snapshot vote, authorizing the Mantle Foundation to negotiate and execute the final loan agreement with Aave DAO. The final implementation of this credit line still depends on Aave executing its recovery plan and finalizing specific terms.A Galaxy Research report noted that the rsETH attack incident had put Aave's WETH market under continuous strain, with the utilization rate remaining above 99% for 12.7 consecutive days. As of May 8, the utilization rate of Aave Ethereum V3's WETH market has dropped to about 91.6%, indicating some relief in market pressure.

The Japan Crypto Asset Business Association (JCBA) officially released the "Best Practices for Crypto Asset Staking Operations" guidelines, covering various aspects such as operational requirements, emergency response, information disclosure, compliance management, external auditing, and tax accounting, aiming to enhance the security and transparency of domestic staking services.

According to Gate market data, the US stock market continues to decline, with the S&P 500 index down 0.51%, the Nasdaq down 0.29%, and the Dow Jones down 0.78%.

According to Jinshi reports, Cleveland Fed President Harmack stated that the wording in the Federal Reserve's policy statement suggesting that the next action will be a rate cut is inconsistent with her assessment of the economic outlook. She believes that the signals conveyed by the statement could mislead the market, as her baseline expectation is that interest rates will remain unchanged for a considerable period. Harmack also mentioned that the economic outlook and future policy path face higher uncertainty, and the duration of the Iran war will be a key factor.

According to Jinshi reports, Federal Reserve's Harker stated that the baseline scenario is that interest rates will remain unchanged for an extended period.

Bitwise CEO Hunter Horsley stated at the Consensus 2026 conference: The market declined in the fourth quarter of last year, and the first quarter of this year also saw a drop. However, the inflow of funds from the U.S. wealth management channel reached the highest record for any quarter in the past eight years. In other words, for financial advisors in the wealth channel, the first quarter of this year was their best quarter for investing in these products. Therefore, when the market fell, they chose to buy the dip.

The globally leading cryptocurrency trading platform Gate announced that it will hold an offline event in Milan on May 21. This timing coincides with Inter Milan Football Club securing the championship three rounds early in the Serie A league for the 2025-26 season, successfully winning the 21st league trophy in the club's history.At the same time, Gate is also celebrating its thirteenth anniversary. As the official sleeve sponsor of Inter Milan, Gate has gained significant global exposure alongside the team's championship journey, with brand awareness continuously amplified by the excitement of the events, attracting widespread attention in both the sports and Web3 industries.As a traditional powerhouse in Italian football, Inter Milan's return to the top further solidifies its competitive position on the elite stage. Gate, the official sleeve sponsor of Inter Milan, will invite clients, KOLs, and institutions to participate in this event, engaging in multidimensional communication and interaction around the event's milestones and brand culture.Leveraging the traffic and emotional resonance brought by sports events, Gate accelerates the expansion of its connection with mainstream culture, injecting new momentum into its brand internationalization process.

According to Gate market data, the US dollar index DXY has fallen below the 98 mark, with an intraday decline of 0.5%.

10x Research stated that although Bitcoin trading volume remains low and funding rates are negative, some early traders have already positioned themselves and achieved about a 10% return. They believe that many traders are still waiting for macro catalysts or think that the bear market has not yet ended, but this misunderstands how the Bitcoin market operates. "The end of a bear market is often not triggered by a single piece of news, but rather by improvements in indicators, changes in risk-reward, and the fact that most participants have not yet entered."10x Research indicated that they turned bullish a month ago. Although market sentiment has improved somewhat, position follow-up is still insufficient. They also remind that there are still risks in the current market, and reasonable hedging and position management remain important.

Grayscale stated that although advanced quantum computing poses a long-term potential threat to traditional cryptography and supports all mainstream blockchains in accelerating quantum-resistant upgrades, this is not the main driver behind the recent decline in Bitcoin prices.Grayscale observed that in recent months, Bitcoin has shown a synchronized trend with the stock prices of publicly traded companies focused on quantum computing. If quantum computing breakthroughs were to exert substantial pressure on Bitcoin, the stock prices of quantum computing companies should rise, but the opposite has actually occurred. Furthermore, since October of last year, the decline in Bitcoin and quantum computing stocks mainly reflects the overall derisking of growth assets triggered by market concerns over the impact of AI.Although Bitcoin's recent correlation with investor sentiment in cutting-edge technology assets like quantum computing has increased, this has not changed its value storage function in a diversified portfolio. Investors do not need to wait for blockchain to fully complete quantum-resistant upgrades to gain relevant exposure.

According to Gate market data, U.S. stocks continued to decline, with the Dow Jones Industrial Average dropping by 1%.

According to market news, Binance has announced the launch of a user-controlled "Withdraw Protection" feature, aimed at preventing offline coercion attacks (commonly known as "wrench attacks") against cryptocurrency holders. This feature allows users to actively lock their account withdrawal permissions for 1 to 7 days and provides a stricter "lock mode," which cannot be lifted early during the set period.Binance stated that this locking mechanism cannot be overridden by platform customer service but is controlled by internal policy, not an on-chain cryptographic lock. Binance's Chief Security Officer, Jimmy Su, indicated that this move stems from the risk trends observed on the platform, including cases where some users in high-risk areas have been forced to transfer funds. By setting a withdrawal delay, it can buy users time to respond and recover in extreme situations.Data shows that incidents of offline coercion against cryptocurrency users are significantly rising in 2025, with related attacks often bypassing traditional account security mechanisms, as the actions are completed by the users themselves under pressure. Industry insiders believe that the time-lock mechanism can change this risk model to some extent. Binance emphasizes that this feature does not affect law enforcement agencies' ability to act in accordance with the law, while also advising users to strengthen API key management and privacy protection to reduce the risk of being targeted.

According to Gate market data, the S&P 500 index futures fell by 0.55%, the Dow Jones index futures fell by 0.73%, and the Nasdaq 100 index futures fell by 0.51%.

According to Gate market data, the euro against the US dollar (EUR/USD) has fallen below 1.17, with a daily decline of 0.17%.

According to CoinDesk, Figure Technology Solutions CEO Mike Cagney stated that the company is trying to leverage blockchain to reconstruct the traditional credit market infrastructure and deeply integrate real-world assets (RWA), securitization, and DeFi.Data shows that Figure's loan issuance in March this year exceeded $1 billion for the first time in a single month, with a total lending volume of $2.9 billion in the first quarter, which annualizes to about $12 billion. Cagney stated that the company's goal is to reduce intermediaries in the securitization, lending, and stock lending markets through on-chain processes, lowering costs and enhancing liquidity.Currently, Figure has launched the yield-bearing stablecoin YLDS and has launched on-chain credit vault products on networks like Solana, allowing users to invest in tokenized credit assets or use them as collateral for borrowing. The company also plans to expand into the Ethereum ecosystem and explore stock tokenization and on-chain securities lending.Cagney believes that the true value of blockchain lies not in "putting everything on-chain," but in reconstructing the financial abstraction layer. "Financial assets such as loans, securities, and equity are naturally suited for on-chain processes, and the entire financial infrastructure may be rewritten as a result."

According to a report by The Information, Starlink's global user count has increased to approximately 7.8 million in 2025, marking significant growth compared to 2021. However, its average monthly revenue per user (ARPU) has decreased by about 18% during the same period, reflecting the company's strategy to capture the global market through lower prices and large-scale expansion.The report states that Starlink's current growth mainly comes from emerging markets and the expansion of low-cost packages, including parts of Africa, Latin America, and Asia. Meanwhile, although high-profit businesses such as enterprise, aviation, and maritime are still growing, they account for a limited proportion of overall revenue.Analysts believe that Starlink is gradually shifting from "high-end satellite internet services" to a more mainstream global broadband network, diluting launch and satellite deployment costs through scale expansion, and further strengthening Elon Musk's influence in the global communications infrastructure sector.