📢 Daily Report | May 8


1️⃣ Geopolitics: U.S. media citing U.S. officials report that the U.S. military attacked Iran's Qeshm Island and Bandar Abbas — multiple explosions occurred in southern Iran, but this has not yet been confirmed by the U.S. government.
2️⃣ Market Update: Bitcoin fell below $80,000, to $79,654, despite weekly Bitcoin ETF inflows reaching a four-month high, possibly buffering further sell-offs.
3️⃣ Crypto Regulation: The CLARITY crypto market structure bill may be submitted to the Senate Banking Committee for review early next week.
4️⃣ Institutional Moves: Bitwise launches USCC, its first tokenized crypto carry fund, and also its first tokenized fund product.
5️⃣ Platform News: Gate WCTC S8 second half has begun — points reset, everyone starts over, with the second phase accounting for 55% of the total prize pool. #Gate广场五月交易分享
BTC-1.69%
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Gate_Square
📢 Gate Square Daily | May 8
1️⃣ Geopolitics: US media, citing American officials, reports that US forces struck Iran's Qeshm Island and Bandar Abbas — multiple explosions reported in southern Iran, with no official US confirmation yet.
2️⃣ Market Update: BTC slips below $80,000 to $79,654, though weekly Bitcoin ETF inflows hit a four-month high, potentially cushioning further selling.
3️⃣ Crypto Regulation: The CLARITY crypto market structure bill could go before the Senate Banking Committee as early as next week.
4️⃣ Institutional Moves: Bitwise launches USCC, its first tokenized crypto carry fund and its first tokenized fund product overall.
5️⃣ Platform News: Gate WCTC S8 second half is underway — scores reset, everyone starts fresh, with the second half carrying 55% of the total prize pool.
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LittleGodOfWealthPlutus
· 6h ago
Wishing you good luck in the Year of the Horse, and congratulations on your wealth.
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