【Adu Encryption Daily｜05.11 Short Version】

BTC $81,487 (+1.07%), ETH $2,358 (+1.60%), SOL $96.06 (+3.44%). CoinGecko shows the total crypto market cap back to $2.80 trillion, with 24h trading volume increasing by about 53%, market sentiment is somewhat warm.
Today’s most important point is not a certain coin’s surge, but that the U.S. Senate Banking Committee will review the Clarity Act on May 14, and the crypto market structure bill is being pushed forward again, focusing still on SEC/CFTC authority, consumer protection, and stablecoin yield rules. If the regulatory framework continues to advance, it is a medium-term positive for the industry.
Another point to watch: Google Cloud and PayPal explicitly stated at Consensus Miami that AI Agent business is more suitable to run on crypto payment tracks, and stablecoins and on-chain payments are becoming the infrastructure of the “machine economy.”
Additionally, the risk of quantum computing has been brought up again. Project Eleven believes that 2030-2033 may enter a window that truly threatens mainstream cryptography systems, which is an unavoidable topic for BTC, ETH, and custodial systems in the coming years.
Adu’s one sentence: In the short term, watch risk appetite; in the medium term, watch regulatory implementation. Don’t just focus on K-line charts; the progress of the bill on May 14 is more valuable.
This is for information only and does not constitute investment advice.