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📢 Gate Square Daily | May 11
1️⃣ Geopolitics: Iran responds to the US ceasefire proposal, focusing on ending the war and securing maritime safety in the Persian Gulf and Strait of Hormuz.
2️⃣ Market Update: Crypto markets rally broadly, with the PayFi sector leading at +3.26%; BTC climbs back above $81,000.
3️⃣ Macro Update: The Fed is set for a leadership change — Kevin Waller is expected to be confirmed by the Senate this week and officially take over from Powell on May 15.
4️⃣ Industry News: Executives from Google and PayPal say crypto payments will become the foundational infrastructure for future AI Agent commerce.
5️⃣ Mining Update: Analyst Darkfost notes Bitcoin's network hashrate has fallen below its annual average, potentially signaling growing pressure on miners.