Huang Renxun has left Beijing, and NVIDIA has not disclosed whether Huang Renxun met with the DeepSeek founder.

May 2nd Foreign media analysis notes the Iran conflict has stretched over two months without decisive military or diplomatic outcomes. Trump has faced the risk of an indefinite standoff with Iran, which could pose more serious problems for the U.S. and world than before the conflict began. Outwardly, both sides appear confident, claiming they hold the upper hand and their positions remain far apart—leaving no clear de-escalation path now. Though Iran recently proposed restarting negotiations, Trump rejected the offer Friday. For Trump and the GOP, the ongoing stalemate carries steep consequences. If unresolved, the conflict will likely sustain negative global economic impacts—including persistently high U.S. gas prices—piling more pressure on Trump (whose approval ratings are falling) and dimming prospects for Republican candidates, especially ahead of November’s midterm congressional elections. (Jinse)

On May 2, Iranian officials said that Foreign Minister Ali Araghchi stated Iran remains willing to engage in diplomatic talks with the U.S. if Washington changes its "expansionist behavior" and "threatening rhetoric." (CCTV News)

May 2nd — Cryptocurrency analyst Ali Martinez noted that as May gets underway, Bitcoin remains stuck in a narrow trading range, while an order cluster is forming near a key price level—potentially setting up a major liquidation zone. - **Upper Resistance**: $80,000. This level acts as a critical psychological and technical barrier, with a large pool of short-side liquidity sitting there. A break above it could trigger a short squeeze, sending prices quickly toward $84,000. - **Lower Support**: If $80k fails to break, the lower liquidity zone includes $75k, $73k, and $70k—these levels may catch any pullback. Notably, the market is currently in a tug-of-war between bulls and bears. A daily close above the $75k-$80k range could set the overall trend for the month.

Venture capital firm a16z has backed the U.S. Commodity Futures Trading Commission (CFTC) in pushing back against several states’ crackdowns on prediction markets. Last Friday, the firm submitted an 18-page comment letter to the CFTC, arguing state regulatory actions—including cease-and-desist orders and proposed bans—are creating “significant barriers to fair access” for users. In just the past month, the CFTC has sued Illinois, Arizona, Connecticut, New York, and Wisconsin, claiming those states are overstepping their authority by trying to regulate markets under federal oversight. a16z contends requiring trading platforms to block U.S. users based on their state of residence conflicts with CFTC rules on fair market access. “Forcing platforms to deny fair access to users in states seeking to license or ban certain event contracts could significantly reduce available liquidity,” the firm wrote. CFTC Chair Mike Selig argues prediction market event contracts qualify as swaps, p

On May 2nd, per Farside data, U.S. Bitcoin spot ETFs recorded a net inflow of $629.8 million yesterday—IBIT pulled in $284.4 million, while FBTC added $213.4 million. Ethereum ETFs posted a net inflow of $101.2 million, with FETH attracting $49.4 million and ETHA taking in $43.2 million.

On May 2nd, IKADO announced it has closed a $5 million financing round, led by 1A1Z Capital with participation from AC Capital, Mason Labs, and other institutions. The funds will go toward building out the platform’s infrastructure, upgrading its custody system, expanding into global markets, and developing systems for the purchase, custody, and authentication of physical trading cards. Per the company’s description, IKADO specializes in integrating Real World Assets (RWAs) with non-fungible tokens (NFTs). By mapping physical collectible trading cards 1:1 to the blockchain, the platform ties NFTs directly to tangible assets—enabling on-chain transactions and physical redemption options. These NFTs are issued in partnership with a top Japanese secondary trading card company, and all corresponding physical cards are held directly by IKADO to boost asset transparency and trustworthiness.