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📢 Gate Square Daily | May 8
1️⃣ Geopolitical Situation: US media citing US officials report that US forces have launched strikes on Iran's Gasham Island and Abad Port, with explosions reported in multiple locations in southern Iran; US officials have not officially confirmed this yet.
2️⃣ Market Dynamics: BTC drops below $80,000, currently at $79,654; but Bitcoin ETF weekly fund inflows hit a four-month high, potentially supporting the sell-off.
3️⃣ Crypto Regulation: The CLARITY crypto market structure bill may be submitted to the US Senate Banking Committee for review as early as next week.
4️⃣ Institutional Movements: Bitwise launches its first tokenized crypto basis fund USCC, also its first tokenized fund product.
5️⃣ Platform Updates: Gate WCTC S8 second half officially kicks off, with all players starting from zero; the second half prize pool accounts for up to 55%, and the opportunity to top the leaderboard is reopened.