Recent hot events in the cryptocurrency circle are as follows:

Overall, the positive news outweighs the negative, but I think this breakout of Bitcoin above 80k USD is just a rebound. I am still waiting to enter around National Day this year to buy the dip. By then, regardless of the price, Bitcoin should have bottomed out, and a rally should definitely start around the Spring Festival.
1. Bitcoin: Fluctuating between 78,000–80k USD, institutional funds flooding in
Current price situation: BTC is oscillating at a high level within the 78,000–80,000 USD range, having temporarily broken through 80,000 USD.
Epic net inflow of ETFs:
In April, spot ETF net inflow was 2.44 billion USD; on May 1 alone, net inflow reached 630 million USD.
BlackRock IBIT: On May 1, a single-day inflow of 284 million USD; Morgan Stanley Bitcoin Trust has attracted 163 million USD in one month since launch, with zero net outflow.
Core drivers: Easing Middle East geopolitical risks (US-Iran statements cooling down) + global risk asset recovery (MSCI Asia-Pacific index hitting a record high) + institutional allocation trend established.
2. Regulation: Expectations for clearer US policies soar
CLARITY Act: Seen as the “cornerstone of crypto compliance,” with the probability of passage rising to over 60%, market expects regulatory framework to become clearer.
Bitcoin 2026 Conference (Las Vegas): First time attended by current SEC Chair Paul Atkins and senior CFTC officials, with core topics being “policy + institutions + national strategy + infrastructure,” signaling friendliness.
Coinbase obtains OCC trust bank license: Approved in April, becoming a “crypto bank” under federal regulation, legally able to conduct custody, stablecoin, and other services.
3. Public chains and mainstream coins: ETH/SOL/XRP strong recovery
Ethereum (ETH): Price stabilizing above 2,300 USD, ETF net inflow of 101 million USD on May 1, focusing on “Layer 2 explosion after Cancun upgrade” and “continued ETF approvals for institutions.”
Solana (SOL): Price around 84 USD, network activity surging, transaction efficiency advantages highlighted, spot ETF expected to be the biggest catalyst.
XRP: Rebounding narrative of cross-border payments, clearing regulatory litigation risks, institutional funds beginning to allocate.
4. Meme coins and AI Agents: Retail sentiment warming, speculative funds returning
Meme coin trading volume explosion: Daily trading volume reaching 4.5 billion USD, PEPE whales withdrawing 80 billion tokens from exchanges (a sign of accumulation), DOGE back to 0.10 USD, monthly increase hitting a 9-month high.
AI Agents entering crypto: The first AI Agent (Manfred) has set up a crypto wallet, planning to trade autonomously by late May, “AI on-chain behavior” becoming a new hot narrative.
5. Industry focus: Quantum security, compliance, and security incidents
Quantum computing threat: A March report from Google states that quantum computers could crack Bitcoin encryption in 9 minutes, risking about 6.9 million BTC (one-third of supply). “Quantum-resistant wallets/protocols” become a core topic at the conference.
CRS 2.0+CARF: The global framework for crypto asset taxation and information exchange is being implemented, requiring exchanges to report account balances and earnings starting in 2028, ending the era of “anonymous tax avoidance.”
iOS malware attacks: In April, Plasma Trojan targeting 19 mainstream wallets was discovered, exploiting old system vulnerabilities to steal assets, affecting hundreds of thousands of devices, with security teams issuing emergency alerts.
6. Macro linkage: US stocks / exchange rates / geopolitical risks directly impact crypto prices
US-EU trade friction: On May 2, Trump threatened to impose a 25% tariff on EU cars, causing turbulence in US stocks and crypto markets, with 87k traders liquidated within 24 hours.
Weakening USD + rate cut expectations: The Federal Reserve’s probability of cutting rates in May increased, the USD index retreated, and funds flowed into risk assets (including crypto).