According to Huoxun Finance, Jesse Spiro, Head of Government Affairs at Tether, stated at the Consensus Miami 2026 Summit that the 2026 US midterm elections will be a crucial test of whether Washington's recent crypto-friendly policies will continue. He pointed out that although legislation such as the GENIUS Act has made progress, the election results could still have a disruptive impact on the industry's direction, emphasizing that "crypto should not be partisan." Colin McLaren, Head of Government Relations at the Solana Policy Institute, stated that the focus of industry politics has shifted to "persistence," ensuring that Congress continues to advance priorities such as tax reform and developer protection. Mason Lynaugh, Executive Director of Stand With Crypto, said that the organization's nearly 3 million members see the election as a "moment of accountability," and highly mobilized crypto voters are expected to influence the election results in key districts.

According to Odaily Planet Daily, U.S. job growth may slow in April as the boost from temporary factors such as warmer weather and the return of striking healthcare workers to work fades, but this does not signify a substantial change in the labor market. The unemployment rate is expected to remain stable at 4.3%. Data is also expected to show faster wage growth last month, further reinforcing financial market expectations that the Federal Reserve will keep interest rates unchanged until 2027. A Reuters poll shows economists attribute the volatility in employment data in part to adjustments this year to the "birth-death model," which estimates the number of jobs gained or lost due to business openings and closures. Some say that the large turnover of businesses has made it difficult for the Bureau of Labor Statistics, which compiles the employment report, to estimate job creation associated with new businesses. In addition, weather, strikes, government layoffs, and significant labor force shifts caused by the Trump administration's crackdown on illegal immigration have also exacerbated the volatility. Economists recommend referring to a three-month moving average of employment data for a better understanding of the labor market. Citigroup economist Veronica Clark stated that averaging the data from recent months still shows moderate positive job growth. Considering the significant changes in immigration flows that have led to a sharp decline in average job growth this year, this alone is not a cause for concern. (Golden Ten)

Huoxun Finance reports that Chaos Labs, a provider of crypto risk management and infrastructure, stated that its oracle network suffered a suspected "nation-state" attack over the weekend, but was not compromised. Omer Goldberg, founder of Chaos Labs, stated on the X platform that the attack was strictly limited to the operational wallets used for daily on-chain operations; the oracle network was never compromised. The oracles operate in a completely isolated environment with nodes distributed globally, protected by multiple layers of security and cryptographic controls. Chaos Labs has rotated all keys since the attack attempt and has not detected any further suspicious activity.

Odaily Planet Daily reports that TSMC (TSM.N): April revenue was NT$410.73 billion, compared to NT$415.19 billion last month. (Golden Ten)

According to Huoxun Finance, Coinglass data shows that the cryptocurrency fear and greed index is currently at 39, down 7 points from yesterday. The 7-day average is 44, and the 30-day average is 30.