According to a report by SEI analyst Jim Smigel, the Federal Reserve faces a dual mandate of supporting full employment and price stability, making a direct interest rate hike less likely due to potential negative impacts on the economy and labor market. He anticipates that global central banks will, to some extent, follow the Fed's policy pace to mitigate instability in exchange rates and capital markets.

Odaily Planet Daily reports that SEI analyst Jim Smigel stated in a report that given the Federal Reserve's dual mandate of supporting full employment and price stability, a direct interest rate hike is unlikely, as it would have potential negative impacts on the economy and even the labor market. Other global central banks (such as the European Central Bank) are not formally assigned a dual mandate, and therefore are more likely to focus heavily on price stability, making rate hikes more probable in these regions. However, global central banks are expected to follow the Fed's lead to some extent, as a significant deviation from the Fed's interest rate path could destabilize exchange rates and capital markets in other regions. (Jinshi)

According to Huoxun Finance, monitoring data shows that as the price of ZEC rose, the whale "0x320" deposited 4.997 million USDC into HyperLiquid to avoid liquidation. This whale currently holds a 10x short position of 18,286 ZEC, with a floating loss exceeding $2.36 million. The latest liquidation price is $855.34. The whale also holds a 21x short position of 61.69 BTC.

According to Huoxun Finance, OKX will launch EDGE/USDT spot trading on May 6, 2026 at 20:00 to support the development of the USDT ecosystem and meet the diverse trading needs of users.

According to Huoxun Finance, OKX will launch spot trading of EDGE (edgeX) on May 6, 2026 at 19:00. Users can start depositing coins at 13:00, place orders in advance from 18:00 to 19:00, and withdraw coins at 21:00.

According to Huoxun Finance, monitoring data shows that BSC ecosystem token BILL rose 10% in the past hour, briefly pushing its market capitalization close to a new high of nearly $11 million, currently trading at $10.4 million. The 24-hour increase reached 27%, with a trading volume of $83.1 million during the same period. This surge was influenced by the launch of contract trading on a certain exchange platform. BILL is the native token of Billions Network, a verification network for both humans and AI, enabling identity verification and trust connections between individuals and AI agents without exposing private data. BILL previously saw continuous growth after its listing on Binance Alpha on May 4th.

According to Huoxun Finance, UPBIT will launch trading of dogwifhat (WIF) on May 6, 2025 at 16:00, supporting KRW, BTC, and USDT markets. Users should note that deposits must be made through the Solana network, and deposit services will open within 1 hour and 30 minutes of this announcement.

According to Huoxun Finance, the US dollar has fallen more than 1.5% against the Japanese yen (USD/JPY) during the day, with the current exchange rate at 155.49.

According to Huoxun Finance, Gate.com data shows that the US dollar index (DXY) has fallen below the 98 mark, with a daily decline of 0.5%.

According to OKX market data, driven by the rise in related sectors of the US stock market, storage tokens collectively rose. Among them, STORJ surged over 43%, currently trading at $0.14; FIL rose over 16%, currently trading at $1.094; AR rose over 16%, currently trading at $2.44; and ICP rose over 15%, currently trading at $2.74.

Huoxun Finance reports that cryptocurrency trading platform SuperEx announced the launch of AMDUSDT, QCOMUSDT, and USARUSDT U-margined perpetual contract trading pairs at 22:00 Beijing time (14:00 UTC) today. All newly launched contract trading pairs support cross margin, isolated margin, and sub-margin trading modes, and users can trade through SuperEx's web and mobile app platforms.

Huoxun Finance reports that cryptocurrency exchange SuperEx has announced the listing of MegaETH (MEGA) in its Innovation Zone, opening the MEGA/USDT spot trading pair. Trading will officially begin at 11:00 AM Beijing time on May 6, 2026 (3:00 AM UTC), with deposit and withdrawal channels opening soon. The official statement indicates that with the launch of spot trading, MEGA will be simultaneously included in the scope of support for all-currency contract margin, allowing users to directly use it as margin assets for contract trading. MegaETH is a fully EVM-compatible Optimistic Layer 2 network that uses Ethereum as its settlement layer and EigenDA for data availability (DA).

According to OKX market data, possibly influenced by the news that Upbit will launch WIF trading pairs in Korean Won, BTC, and USDT, WIF briefly touched 0.26 USDT and is currently trading at 0.25 USDT, with a market capitalization exceeding $215 million, representing a 28% increase in the past 5 minutes.

According to Huoxun Finance, the cryptocurrency market and global stock indices strengthened in tandem, with risk assets generally continuing their upward trend. As of this morning, BTC has firmly established itself above the key support level of $81,000 and continues to climb. Meanwhile, major global stock indices performed strongly, with several core indices hitting new all-time highs this week. According to platform data, the S&P 500 reached a high of $7,314.55 during the session, a new all-time high, and is currently trading at $7,274.36; the NASDAQ 100 is currently trading at $28,211.46, up 1.73% in the last 24 hours; and the Nikkei 225 is currently trading at $387.33, up 2.21% in the last 24 hours, indicating a continued recovery in global risk appetite. Against this backdrop, cross-market asset correlations have further strengthened. The platform pioneered the world's first perpetual index contracts, currently offering 15 trading pairs covering major global stock indices and volatility indices, fully supporting USDT settlement and 24/7 continuous trading. Simultaneously, the platform has expanded to include various traditional financial assets such as stocks, metals, forex, and commodities, continuously building an integrated derivatives trading system that synergizes crypto assets with traditional finance.

According to Huoxun Finance, Coinglass data shows that Binance saw a net inflow of 560 million USDT in the past 24 hours.

According to Huoxun Finance, Zhao Changpeng (CZ) posted on the X platform that the industry downturn is actually more suitable for doing things steadily. Those who remain are long-term thinkers and will not be swayed by short-term market fluctuations.

According to Huoxun Finance, the USD/JPY pair plunged 60 points in the short term, with a daily drop of more than 0.5%, and is currently trading at 157.06.

According to an official announcement, Upbit will launch WIF (Won to Korean Won) currency pairs. (Odaily Planet Daily)

Odaily Planet Daily reports that Bryan Pellegrino, co-founder and CEO of LayerZero Labs, responded to the controversy surrounding KelpDAO in a post on the X platform, stating that most of the recent allegations against KelpDAO are "completely untrue." He stated that Kelp initially used the default MultiDVN or DeadDVN configuration, but on-chain records show that it manually changed it to a 1/1 configuration on April 1, 2024, while official documentation repeatedly recommended using a 2/3 configuration for production environments. Bryan Pellegrino stated that the DeadDVN mechanism rejects transaction paths with incorrectly configured DVNs to prevent applications from running with default parameters, and that the LayerZero team had previously provided KelpDAO with explicit configuration recommendations. He also revealed that a full analysis report will be released after external security companies complete their verification.

According to Odaily Planet Daily, Vitalik Buterin stated in an article on the X platform that "the quality of prediction markets depends on their oracles," and expressed his delight at seeing prediction markets beginning to shift towards decentralized and non-financial oracle solutions. He also indicated that the next step should be to achieve privacy in witness voting.