ChainCatcher message, CryptoQuant stated on social media, "Bitcoin sentiment has reversed. Spot demand is rising, and Bitcoin's bull market index has jumped from 20 to 80. A score above 60 indicates bullish sentiment and supports price increases."

ChainCatcher news, according to 8 Market data, Bitcoin's market capitalization has surpassed Amazon (AMZN.O), reaching $2.044 trillion, rising to the fifth position in the global mainstream asset rankings.

ChainCatcher news, according to official social media messages, Huobi HTX will hold a themed live stream today at 19:00 titled "Bitcoin Returns to 100,000! Prelude to a Bull Market or a Good Opportunity to Take Profits?" At that time, senior market analysts such as San Pang, Coin Circle Assistant, and Jin Yuan Community will deeply analyze the market K-line, providing multi-dimensional market interpretations and practical strategies to help users grasp the pulse of the bull market and optimize trading decisions.

ChainCatcher news, according to 8 Market data, with Ethereum breaking through $2400, its market capitalization is currently reported at $295.3 billion, rising 24 places in the global mainstream asset rankings, now ranked 41st.

ChainCatcher news, U.S. Treasury Secretary Scott Bessent posted on social platform X that the U.S. Senate failed to advance the "GENIUS Act," which is a "missed intergenerational opportunity to expand the dominance of the dollar and the influence of financial innovation."He warned that in the absence of a unified federal regulatory framework, stablecoins will develop amidst fragmented state regulations, which is detrimental to the U.S. maintaining its global leadership and may push digital asset innovation overseas.

ChainCatcher news, according to Inner City Press, former CEO of the cryptocurrency lending platform Celsius, Alex Mashinsky, has been sentenced to 12 years in prison for cryptocurrency-related fraud. The judge has ordered him to surrender by September 12 at the latest.Mashinsky (59) had previously pleaded guilty to two charges of commodity fraud and a fraudulent scheme to manipulate the price of the company's native token (CEL). Prosecutors stated that he "orchestrated one of the largest frauds in the crypto industry" and had suggested a 20-year prison sentence.

ChainCatcher News, Senate Democrats blocked stablecoin legislation supported by the digital asset industry, and Trump's extensive and growing cryptocurrency portfolio has caused a stir.The bill's supporters failed to reach the required 60 votes in Thursday's vote, with a tally of 49 to 48. There is still a possibility for both sides to reach an agreement in the coming weeks, as many Democrats argue that stablecoin regulation is crucial for protecting consumers and providing guidelines for this emerging industry. Trump has recently been heavily promoting the TRUMP coin named after him, and after the token's organizers launched a marketing campaign stating "the largest holders can dine with the president," token sales surged. Democratic Senator Warren and others have claimed that such measures exhibit clear corruption.

ChainCatcher news, according to 8Marketcap data, Bitcoin currently has a market capitalization of $2.002 trillion, surpassing Alphabet (Google) to rise to sixth place in the global asset ranking.

ChainCatcher news, according to the official website of the U.S. Department of Justice, a man from Springfield, Virginia, Mohammed Azharuddin Chhipa, has been sentenced to 364 months (approximately 30 years) in prison for funding the terrorist organization ISIS through cryptocurrency.According to court records and trial evidence, from October 2019 to October 2022, Chhipa raised funds via social media, converted the proceeds into cryptocurrency, and transferred them to Turkey, ultimately flowing to ISIS members in Syria to fund their prison escapes and support terrorist activities. During this period, he provided over $185,000 in cryptocurrency to ISIS.

ChainCatcher news, according to crypto journalist Eleanor Terrett, the U.S. Senate is scheduled to hold a procedural vote on the updated stablecoin regulatory bill, the "GENIUS Act," at 1:45 PM ET (1:45 AM Beijing time on May 9).It is reported that after late-night negotiations and last-minute text updates between Senate Republicans and Democrats, the voting situation will be a "fierce showdown."

ChainCatcher news, Solana ecosystem DEX Jupiter announced the launch of the end-to-end self-custody token Universal Send feature on the X platform, which supports sending remittances to users without a crypto wallet. Currently, it supports SOL, USDC, and meme coins. Unlike applications such as Venmo and Revolut, this feature currently has no transaction fees, only requiring payment of Gas fees.

ChainCatcher news, according to Alternative data, today's cryptocurrency Fear and Greed Index is 65 (yesterday it was 67), indicating a cooling of "greed" sentiment in the market.

ChainCatcher News, U.S. Senator Cynthia Lummis stated, "Digital assets are the future. We either embrace them or fall behind; there is no middle ground."

ChainCatcher message, Federal Reserve Chairman Powell: Short-term inflation expectations have risen. The labor market is not the main source of significant inflationary pressure.

ChainCatcher news, according to Bitcoin News, the Arizona Senate has passed the Bitcoin Reserve Bill SB 1373, which is now submitted to Governor Hobbs for final approval.Previously, the Governor of Arizona vetoed the state's strategic Bitcoin Reserve Bill SB 1025.

ChainCatcher news, according to The Block, the U.S. Senate is set to hold a key vote on the GENIUS stablecoin bill on Thursday. The bill requires stablecoins to be fully backed by liquid assets such as U.S. dollars and short-term Treasury bills. With 60 votes needed for passage, Republicans must seek support from Democrats. Currently, several Democratic senators have expressed opposition due to insufficient foreign investment regulations and anti-money laundering provisions, and there are also divisions within the Republican Party. Meanwhile, Democrats are investigating the connections between Trump and the cryptocurrency industry.

ChainCatcher news, according to The Block, senior Democratic Senator Richard Blumenthal issued a letter of inquiry to World Liberty Financial and Fight Fight Fight LLC on Tuesday, launching an investigation into Trump's activities in the cryptocurrency space. The investigation focuses on potential conflicts of interest related to the TRUMP token and the WLFI (World Liberty Financial) project. Blumenthal stated that these activities may violate government ethics and federal laws, while requesting the relevant companies to provide information on ownership and financial structures.

ChainCatcher News, U.S. Senator Chris Murphy posted on the X platform that he will introduce the "MEME Act," which prohibits the President or members of Congress from issuing Meme coins. Murphy stated, "Trump Coin is the biggest corruption scandal in the history of the White House," and expressed that he will work with Congressman Sam Liccardo to promote legislation to curb such behavior.