MBA Mortgage Application Activity Index in the United States for the week ending May 2

Investment opportunities in the blockchain market continue to emerge, with potential projects debuting every day. Recently, an attention-grabbing environmental concept project has caught the interest of investors. The price of this project in its early stages was only 0.000029, but it has now surged to 0.00027, providing early investors with nearly 10 times the return. This once again proves that closely following market dynamics and emerging projects is crucial for seizing blockchain investment opportunities. Compared to traditional markets, opportunities in the blockchain field seem to be more abundant and frequent, but they also come with higher risks. Investors need to remain vigilant and conduct thorough research and risk assessments.

The recent reaction of the financial markets to the EU-US trade protocol has been rather unremarkable. Although the S&P 500 index saw a slight rise, the extent was negligible, while the European Stoxx 600 index displayed a falling trend. Although both indices experienced a pump during trading, they were unable to maintain their rise by the close. In Europe, German Chancellor Merz and French Minister for European Affairs Adade expressed hopes for more open trade, which may reflect doubts on the effectiveness of the current protocol in the continent. At the same time, Trump announced the possibility of imposing a uniform tariff of 15% to 20% on countries that have not signed trade agreements with the United States. This move could stabilize most tariff levels and help alleviate market uncertainty. Economists have also begun to lower their expectations for the impact of tariffs on the U.S. economy, which means that even if new trade agreements are introduced in the future, it may be difficult to provoke a strong reaction on Wall Street. In this context, investors' attention has shifted from trade issues to the upcoming earnings reports of tech giants. Among them, Meta and Microsoft will release their performance reports this Wednesday. If these tech giants perform well, it is likely to inject new vitality into the market, compensating for the current lack of optimism. As the enthusiasm for trade protocols fades, the market seems to be looking for new driving forces. The performance of tech giants' earnings reports could become a key factor influencing the short-term direction of the market, and investors are closely watching the market reactions that these earnings reports may bring.

Stablecoins are becoming an important bridge connecting the real world and the on-chain world, driving the integration of global finance and the digital economy. Regulatory recognition and technological advancements make stablecoins likely to address the pain points of traditional businesses such as cross-border e-commerce, while also providing new opportunities for Web3 practitioners to transform into key players in building financial infrastructure.