U.S. CFTC Acting Chairman: Enforcement Division Restructured, Refocused on Combating Fraud

**May 4th Update** Per monitoring by HyperInsight (Telegram: @HyperInsight), long positions linked to "Whale Brother" Huang Licheng’s address have posted an accumulated unrealized gain of over $2.08 million. Ethereum long positions alone contribute more than $950,000 to that total, with the holding size reaching 14,700 ETH. The account’s historical losses have narrowed to $26.55 million.

**May 4** LVRG Research Director Nick Ruck stated Wednesday: “Bitcoin has topped $80,000, breaking through the resistance zone that capped price action over the weekend (U.S. time zone). This rapid shift has tilted short-term momentum clearly toward bulls, confirming buying pressure is strengthening after the recent pullback.” Meanwhile, Zeus Research analyst Dominick John noted that as Bitcoin broke above a “key” psychological resistance level, the market is seeing a technical short squeeze.

On May 4, Jufu Rui said it has raised Alphabet’s target price to $445 from $400, cut Meta’s to $825 from $1,000, lowered Microsoft’s to $575 from $675, and increased Apple’s to $299.88 from $294.91. (Jinshi)

On May 4th, on-chain analyst Whale Watcher (@ai_9684xtpa) noted that a crypto whale has deposited 6,200 ETH (valued at $14.54M) to Binance over the past 24 hours. The address still holds $17.84M in ETH on Spark as of now.

May 4 — Iran’s 14-point proposal, per Fars News Agency (Iran), is a response to the U.S. 9-point plan. Contrary to Al Jazeera’s reporting, the Iranian proposal does not call for a 15-year freeze on uranium enrichment or opening the Strait of Hormuz.

May 4th Coinbase has announced the launch of a dedicated Self-Managed Super Fund (SMSF) solution in Australia, aimed at lowering barriers to broader adoption of crypto assets within the country’s retirement savings system. Having secured an Australian Financial Services License (AFSL), Coinbase is ramping up integration of digital assets into the local wealth management framework. Its new offering centers on a “full-asset trading platform” vision, featuring seamless account setup, audit-grade reports compliant with local accounting standards, and institutional-grade security. This lets investors allocate crypto and traditional financial assets side-by-side on a compliant, user-friendly platform. Stats show Australia currently has over 653,000 SMSFs managing A$1.05 trillion in assets, covering more than 1.2 million members. As regulatory clarity grows and institutions grow more accepting of digital assets, SMSFs are emerging as a key gateway for crypto adoption. Thanks to their