ChainCatcher news, U.S. Senator Cynthia Lummis, chair of the Senate Banking Subcommittee on Digital Assets, praised Senate Majority Leader Thune for accelerating the vote on the Guidance and Establishment of the U.S. Stablecoin National Innovation (GENIUS) Act, which establishes a clear regulatory framework for payment stablecoins.

ChainCatcher news, according to Jinshi Data, the Chinese Ministry of Commerce stated that China has noticed that senior officials from the U.S. have repeatedly expressed a willingness to negotiate with China on tariff issues. At the same time, the U.S. has recently actively conveyed messages to China through relevant parties, hoping to engage in talks.In response, China is currently conducting an assessment. China's position remains consistent: if the U.S. wants to fight, we will accompany them to the end; if they want to talk, the door is wide open. The tariff war and trade war were initiated unilaterally by the U.S. If the U.S. wants to negotiate, it should show sincerity and be prepared to correct its erroneous practices, cancel unilateral tariff increases, and take action. We have noticed that the U.S. has recently been continuously hinting at adjusting tariff measures.China wants to emphasize that in any possible dialogue or talks, if the U.S. does not correct its erroneous unilateral tariff measures, it indicates that the U.S. has no sincerity at all and will further damage mutual trust between the two sides. Saying one thing and doing another, or even attempting to use talks as a pretext for coercion and extortion, will not work with China.

ChainCatcher news, according to The Block, informed sources revealed that French Hill, the chairman of the House Financial Services Committee, and others are expected to release a regulatory draft on cryptocurrency ahead of the hearing scheduled for May 6 (local time).The hearing will take place at 10 AM Eastern Time on the 6th, with the theme "The Future of American Innovation and Cryptocurrency: A Blueprint for the 21st Century." It is expected to focus on the long-awaited legislation to define the structure of the U.S. cryptocurrency market. The draft is anticipated to be similar to the "Financial Innovation and Technology for the 21st Century Act" (FIT 21) that passed the House last year. A staff member from the House Agriculture Committee also confirmed that the draft text will be released before the hearing.Committees in both the House and Senate have advanced bills focused on stablecoins, while legislation regulating the entire cryptocurrency industry is seen as the next step. Former President Donald Trump stated that he hopes to see a stablecoin bill before August, but some have indicated that these bills may be interconnected.

ChainCatcher news, according to Alternative data, today's Crypto Fear and Greed Index has dropped to 53, down from 56 yesterday, indicating that market sentiment is in a "neutral" state.

ChainCatcher news, according to Cointelegraph, the North Carolina House of Representatives passed the Digital Asset Investment Act (HB 92) with a vote of 71 in favor and 44 against, allowing the state treasurer to invest up to 5% of state government funds in approved cryptocurrencies. The bill has now been submitted to the state Senate for review.North Carolina State Treasurer Brad Briner publicly supports the bill, making North Carolina the second state in the U.S. to advance government crypto investment after Arizona. The Arizona legislature passed two cryptocurrency reserve-related bills (SB 1025/SB 1373) on April 28, which are currently awaiting Governor Katie Hobbs' signature. Arizona may become the first state in the U.S. to require public funds to invest in Bitcoin.

ChainCatcher news, according to Cointelegraph, a recent offline phishing scam targeting Ledger hardware wallet users has emerged, with scammers requesting victims to verify their recovery phrases through postal letters.On April 29, tech commentator Jacob Canfield exposed a forged "Ledger Security Update Notification" letter on the X platform, which contained a branded QR code that lured users into entering their 24-word recovery phrase.Ledger's official response emphasized: "We will never ask for your recovery phrase in any way."This scam may be linked to the Ledger user data breach incident in July 2020, when the names, phone numbers, and addresses of over 270,000 users were exposed by hackers. Reports in 2021 indicated that some users received counterfeit hardware wallets preloaded with malware.Experts remind: Any request for recovery phrases is a scam, and physical isolation is the core security advantage of hardware wallets.

ChainCatcher news, according to Cointelegraph, the U.S. Senate will vote on the GENIUS Act in May. This bill sets reserve requirements and regulatory rules for stablecoins, aiming to balance innovation and consumer protection. This is an important step in the field of stablecoin regulation.

ChainCatcher news, according to official documents, U.S. Senator Bernie Moreno introduced the "2025 American Blockchain Deployment Act" (S.1492) on April 10, aimed at requiring the Secretary of Commerce to support the United States' global leadership in the deployment, application, and competitiveness of blockchain technology. The bill has been submitted to the Senate Committee on Commerce, Science, and Transportation for review.

ChainCatcher news, according to CoinDesk, Alex Mashinsky, the founder and former CEO of the now-defunct cryptocurrency lending platform Celsius Network, faces the possibility of spending the next 20 years in prison—if the sentencing recommendation submitted by the U.S. Department of Justice is adopted by the court.In the recommendation submitted later on Monday, the Department of Justice urged the court to impose a 20-year prison sentence, stating that Mashinsky's crimes were "deliberate and well-planned" fraudulent acts that resulted in nearly $7 billion in customer losses, leaving thousands of people financially devastated.

ChainCatcher news, the Arizona House of Representatives has passed two bills that may allow the state to establish reserves in Bitcoin or other cryptocurrencies.In the third reading of Senate Bill 1025 (SB1025) on April 28, 31 lawmakers voted in favor, while 25 opposed. Another similar bill, SB1373, passed with 37 votes in favor and 19 against. These approvals bring these bills closer to being signed into law than similar initiatives in any other state in the U.S.Meanwhile, President Trump signed an executive order in March proposing the establishment of a "strategic Bitcoin reserve" and "digital asset reserves."

ChainCatcher news, according to Crowdfundinsider, the latest research report from the New York Digital Investment Group (NYDIG) points out that amidst the current economic uncertainty, Bitcoin is beginning to exhibit characteristics of a non-sovereign store of value.The report mentions that since the so-called "Trump Liberation Day" on April 2, 2025, the US dollar and long-term US Treasury bonds have performed poorly, while gold, the Swiss franc, and Bitcoin have gained favor in the market. While the US stock market has declined, Bitcoin has risen 10.3%, indicating a trend of decoupling from traditional risk assets.NYDIG emphasizes that although this trend is still in its early stages, current data is insufficient to confirm that Bitcoin's role as a safe-haven asset has been widely accepted by the market. However, considering the current structural volatility in the market and the weakening confidence in traditional safe-haven assets, Bitcoin may become one of the choices for investors seeking alternative stores of value.

ChainCatcher message, according to CryptoQuant data, the Bitcoin Bull Market Score Index has risen to 60, indicating that market sentiment has turned optimistic again, and the demand for liquidity in Bitcoin and stablecoins is starting to warm up.

ChainCatcher news, according to Cointelegraph, U.S. Democratic Senator Jon Ossoff publicly supported the impeachment of President Trump during a town hall meeting in Georgia, directly targeting his plan to host a private dinner for TRUMP token holders.Ossoff stated, "The current president is effectively selling political access through tokens, which constitutes an impeachable offense," but acknowledged that impeachment would be difficult to advance with the Republican-controlled Congress.

ChainCatcher news, crypto analyst @ali_charts released a chart analysis stating that the overall estimated leverage ratio across all cryptocurrency trading platforms has risen to a new high not seen in over two years, indicating that more and more investors are taking on high leverage risks in derivatives trading.

ChainCatcher news, according to Cointelegraph, cryptocurrency investor sentiment has significantly improved from global tariff concerns, but analysts say that structural weaknesses in the market may still trigger downward pressure during the weekend's low liquidity. After U.S. President Trump adopted a more moderate stance, indicating that the import tariffs on Chinese goods could be "substantially reduced," the risk appetite among cryptocurrency investors seems to have rebounded this week.However, Bitfinex analysts stated that this improvement in sentiment "does not mean that Bitcoin can avoid volatility during the weekend; while improved sentiment can reduce market fragility, it cannot eliminate structural risks such as weak weekend liquidity. Historically, severe fluctuations are still likely to occur during weekends, especially when there are high open contracts and low market depth. Sudden macroeconomic news may still exacerbate volatility during low liquidity periods."

ChainCatcher news, according to Cointelegraph, U.S. Senator Cynthia Lummis tweeted that the Federal Reserve's withdrawal of cryptocurrency guidance is just talk and not real progress.The Federal Reserve has stifled companies in the industry and harmed U.S. interests by stifling innovation and shutting down businesses. This struggle is far from over. Cynthia Lummis pointed out that the Federal Reserve's policy statement regarding Bitcoin and digital assets being considered "unsafe and unsound" has not been retracted.She also reiterated that many of the staff behind "Operation Chokepoint 2.0" are still involved in cryptocurrency policy today.

ChainCatcher news, according to Alternative data, today's cryptocurrency Fear and Greed Index is 65 (yesterday it was 60), indicating a rise in "greed" sentiment in the market.

ChainCatcher news, according to DL News, regarding the dinner hosted by Trump for TRUMP holders, U.S. Senator Jon Ossoff believes that lawmakers should impeach Trump. He emphasized, "When the sitting president of the United States sells access, and in fact this money is paid directly to him, there is no doubt that this has risen to the level of impeachable conduct."

ChainCatcher news, according to a social media message from Cynthia Lummis, chair of the U.S. Senate Banking Committee's Digital Assets Subcommittee, she stated that she will continue to hold the Federal Reserve accountable until the digital asset industry receives fair treatment.