BlockBeatNews

According to BlockBeats news on May 8, Coinbase will officially add support for PAX Gold (PAXG) on the Ethereum network (ERC-20 Token).

According to BlockBeats news on May 7, market data shows that the Nasdaq 100 index erased its previous gains and fell to an intraday low, down 0.2%.

BlockBeats news, on May 7th, according to market data, Bitcoin market dominance (BTC.D) has continued to rise since March 26th, currently reported at 65.4%, setting a new high for this bull run.

BlockBeats news, on May 7, sources reported that the United States and Israel discussed the possibility of a U.S.-led Gaza government. (Jin10)

BlockBeats news, on May 7, according to market news, the EU stated that if trade negotiations with the United States fail, the EU will implement new tariffs. (Jin10)

BlockBeats news, on May 7th, according to Etherscan data, the Ethereum network Gas fee rose to 13.5 Gwei.

BlockBeats News, on May 7, according to official news, the hybrid crypto trading platform GRVT has officially opened the trading competition on May 7. Users who participate in the trading event can win a prize pool of up to 175,000 USDT and share 85 million trading points. It is reported that this event will have a limited time deposit bonus and GRVT merchandise giveaways.

According to BlockBeats, on May 7, Trump challenged the Federal Reserve for the first time since taking office in January this year, asking the Fed to "cut interest rates immediately", while suggesting that "I know interest rates better than Powell". At the January Fed meeting, Powell stressed that there was no rush to cut interest rates, and Trump immediately criticized him on social platforms: Powell and the Fed failed to stop the inflation problems they created. In March of this year, Trump again shouted out to Powell on social platforms: As US tariffs begin to affect the economy (gradually), it would be much better for the Fed to cut interest rates. Do the right thing! At the beginning of April this year, Trump shouted to Powell: cut interest rates, stop playing politics! For Powell, now is the perfect time to cut interest rates. Powell always acted too late. On April 17, Trump criticized Powell on social platforms: Powell "moves too slowly", he always acts too late and makes wrong decisions. Powell was fired at a faster pace

BlockBeats news, on May 7, according to EmberCN monitoring, "recently a Whale has been shorting ETH at the highest price of 1800 dollars multiple times" has bought back ETH to repay and Close Position in the past half hour, incurring a loss of 430,000 dollars from shorting 10,000 ETH. This Whale shorted 10,000 ETH at an average price of 1,791 dollars on May 1, and after holding for a week, bought back ETH at an average price of 1,834 to repay and close the short.

BlockBeats news, on May 7th, according to lmk.fun (formerly Scopescan) monitoring, 7 Whale addresses are buying ETH, with a total of 77,458 ETH transferred out from Coinbase in the past 9 hours, worth approximately 140 million USD.

BlockBeats news, on May 7th, according to DefiLlama data, the TVL of the RWA zone rose to 11.886 billion USD, an increase of over 46% compared to the beginning of the year’s TVL of 8.13 billion USD. Among them, BlackRock BUIDL's TVL increased by over 48.8% in the past month, currently reported at 2.816 billion USD, ranking first in the RWA zone. In addition to BlackRock BUIDL, both Ethena USDtb and Ondo Finance have TVLs exceeding 1 billion USD.