Over 300 Cryptocurrency Industry Professionals Sign Petition Urging Trump Administration to Drop Lawsuit Against Open-Source Software Developer

May 1st. It was learned from insiders that recently, the United States has taken the initiative to get in touch with China through various channels, hoping to hold negotiations with China on the tariff issue. Recently, U.S. President Trump and his trade team have frequently given hints that the United States is conducting economic and trade negotiations with China. International trade negotiation experts analyze that the more frequently the United States releases such information, the more it indicates its eagerness to promote negotiations. From a negotiation perspective, currently, the United States is undoubtedly the more anxious side. Currently, the Trump administration is facing multiple pressures. Firstly, there is economic pressure, and then there is public opinion pressure. Until the United States takes substantial actions, there is no need for China to negotiate with the United States. However, if the United States hopes to have interactions with China, there is no harm for Chi

On May 1st, Coinbase will commence the addition of support for Worldcoin (WLD) on the Optimism network. Provided that liquidity conditions are fulfilled, trading will initiate later on the same day. Once an adequate asset supply is established, the WLD-USD trading pair will be launched in a phased manner. One hour ago, earlier reports indicated that Coinbase had included Worldcoin (WLD) in its listing roadmap.

On May 1st, as per an official announcement from the White House, President Trump once more urged Congress to approve the "Big and Beautiful Bill," which constitutes the largest tax cut in U.S. history. Upon its passage, this bill is anticipated to: Bring about a short-term actual GDP growth ranging from 3.3% to 3.8% and a long-term actual GDP growth ranging from 2.6% to 3.2%; Lead to an annual increment of $3,300 in real wages; Result in an annual increase of $5,000 in the income of middle-class households; Generate an additional 4.1 million job opportunities.

On May 1st, US President Trump stated that the currently brewing "Big Beautiful Bill" might potentially be "even more significant than tariffs." Trump praised Senate Majority Leader McConnell for his efforts on the legislation and added that Democrats were "attempting to block it at every turn." He warned that "if they succeed, it will lead to a 58% tax hike." Trump reiterated that the proposed spending bill would constitute the "largest tax cut in US history." (Golden Finance)

On May 1st, President Trump of the U.S. said to Musk, "You can remain here as long as you desire." Trump stated that Musk has been of great assistance and has been treated unjustly, and Musk wishes to return to his car business. (FXStreet)

On May 1st, according to TheBlock, following the release of US macroeconomic data on Wednesday, Bitcoin once dropped below the $94,000 level, with an intraday decline of 1%. Major altcoins such as Ethereum and Solana also fell in unison, and the total cryptocurrency market capitalization contracted by nearly 4%. The US economy contracted by 0.3% in the first quarter, which was lower than the expected growth of 0.2%. The year-on-year core PCE in March increased by 2.6%, in line with expectations but lower than the revised value of 3.0% in February. In April, ADP nonfarm payrolls added 62,000 jobs, a significant decrease from the 147,000 in March. 21Shares crypto investment expert David Hernandez pointed out: "Federal Funds futures indicate that the market currently expects the Fed to cut interest rates more than 4 times this year. Against the backdrop of simultaneous signals of decelerating inflation and economic recession, policymakers' balancing act will be crucial to the market tren