⚠️Heshilian Weekly Quick News Summary:

Reporting Period: 11:00 - 12:00
🔥 Historical Data: Ethereum's average return in May is 28.45%, significantly outperforming Bitcoin
On May 1st, the crypto market closed April steadily. Bitcoin's monthly increase was 11.87%, marking two consecutive positive days. Historical data shows Bitcoin rose 7 times and fell 6 times in May, with an average return of 7.61%; Ethereum rose 7 times and fell 3 times, with an average return of 28.45%, with gains exceeding 40% in 2016, 2017, 2019, and 2025.
🔥 xAI Launches Grok 4.3 API Supporting Million-Token Contexts
On May 1st, according to developer community reports, xAI officially launched the Grok 4.3 API. The model appears in the xAI API list, supporting up to 1 million tokens in the context window, offering text input/output, multimodal capabilities, and tool invocation. Also launched simultaneously are the grok-4.20 multi-agent inference version and configurations for fast reasoning/non-reasoning. Pricing for Grok 4.3 API is $1.25 per million input tokens and $2.50 per output token.
🔥 Bitcoin Briefly Breaks Through $77k
According to market data, Bitcoin briefly broke through $77k, currently trading at $77,199.99, with a 24-hour increase of 1.13%.
🔥 Short-term Bitcoin Holders' SOPR Turns Positive for the First Time in Six Months, Possibly Indicating Resistance to Rise
According to crypto analyst Darkfost, the 30-day moving average of Bitcoin short-term holders' (STH) SOPR has turned positive for the first time in six months, indicating STH are on average at breakeven or slightly profitable. Historical data shows this indicator often acts as resistance in bear markets, with holders prone to panic selling due to lack of confidence.
🔥 Fed Survey: Over 66% of High-Income Americans Have Used AI for Work
The Fed survey shows that 66.3% of American employees earning over $200k annually have used AI tools at work in the past 12 months. Among employees earning $100k–$200k and $50k–$100k, the rates are 51.6% and 40.2%, respectively. Only 15.9% of employees earning less than $50k have used AI. The proportion of college graduates using AI (58.7%) is more than twice that of those without a college education (22.9%). Full-time employees (42.7%) are nearly twice as likely to use AI as part-time workers (24.7%). Among employees using AI, 68.0% say their work has become easier, and 56.7% believe productivity has increased.
🔥 U.S. Senate Bans Members and Staff from Participating in Prediction Markets
The U.S. Senate unanimously passed a rule prohibiting senators and staff from participating in prediction markets. The House of Representatives is also expected to propose a similar resolution.
🔥 Hundreds of Long-Dormant Ethereum Addresses Are Hacked, Cause Unknown
On May 1st, crypto analyst Wazz reported that since yesterday, hundreds of wallets (many dormant for over 7 years) on the ETH mainnet were emptied by the same address. Aragon team member @TheTakenUser also confirmed unauthorized transfers from their wallet. The cause is still under investigation; community analysis suggests possible leaks of old mnemonics, private keys, or storage via LastPass from 2017-2020, or prior risky authorizations, rather than new smart contract vulnerabilities.
🔥 Democratic Senators Pressure Tether Over Alleged Bribery of Commerce Secretary
On May 1st, Democratic Senators Elizabeth Warren and Ron Wyden pressured both sides over Tether's alleged bribery of U.S. Commerce Secretary Howard Lutnick. Reports indicate Tether provided undisclosed loan amounts to trusts benefiting Howard Lutnick’s children, and Lutnick’s former employer, Cantor Fitzgerald, managed Tether’s reserve assets. Senators also pointed out that the recently passed "Genius Act" benefits Tether, which lobbied in support of the bill, suggesting possible quid pro quo arrangements.
🔥 Bitcoin ETF Net Inflows of $23.5 Million Yesterday, Ethereum ETF Net Outflows of $23.7 Million
On May 1st, according to Farside Investors, the US Bitcoin spot ETFs saw net inflows of $23.5 million yesterday, with IBIT inflows of $19.1 million and FBTC inflows of $26.6 million. Ethereum ETFs experienced net outflows of $23.7 million, with ETHA outflows of $50.6 million.
🔥 Day 4 of OpenAI Lawsuit: Musk Admits xAI Distilled OpenAI Models
According to monitoring by Beating, on the fourth day of Elon Musk’s lawsuit against OpenAI, OpenAI’s lawyers shifted focus to xAI. When asked whether xAI had distilled OpenAI technology, Musk initially said "almost all AI companies do this," but after further questioning, admitted "some of it." Distillation refers to training one model using the output of another, and OpenAI’s terms prohibit developing competing models using their services. The Verge reports this confirms that xAI has used OpenAI models to improve their own models.