Golden Noon Report | Summary of Major Developments on May 7th at Noon

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7:00-12:00 Keywords: TrustedVolumes, Iran, Crypto Structure Bill

  1. US media: Iran will respond to the US proposal on Thursday;
  2. Onshore RMB against the US dollar rises to its highest since February 2023;
  3. The White House is pushing to pass the Crypto Market Structure Bill before July 4;
  4. Arthur Hayes: Liquidity is the core factor affecting Bitcoin prices;
  5. 1inch market maker TrustedVolumes is under attack, with stolen assets totaling approximately $5.87 million;
  6. Strategy: As long as Bitcoin’s price increases by 2.3% annually, we can permanently cover all dividend expenses;
  7. Santiment: Market optimism on social media hits a nearly 4-month high, with FOMO intensifying and potentially increasing market volatility.
BTC-0.84%
1INCH-1.03%
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