Spirit Airlines ceased all operations on May 2, 2026, after 34 years of service, due to a surge in fuel costs linked to the U.S.-Iran War, according to BeInCrypto. The conflict caused jet fuel prices to double, adding $10 million to $15 million weekly to Spirit's expenses. The airline, which had filed for Chapter 11 in 2024 and 2025, was preparing for Chapter 7 liquidation. A $500 million federal aid package failed to materialize as bondholders and lawmakers resisted. Spirit's closure affects up to 17,000 jobs and reduces U.S. domestic capacity by 1.8% to 3.4%.

Paradigm General Partner Dan Robinson proposed the "Provable Address Control Timestamps" (PACTs) mechanism, designed to provide a protection path for Bitcoin addresses under the potential threat of quantum computing. This scheme allows holders to generate address control proofs via BIP-322 and combine this with random salt to generate on-chain commitments, using OpenTimestamps for time anchoring, thus establishing proof of ownership without disclosing wallet information. If quantum-vulnerable addresses are frozen via a soft fork in the future, users can submit STARK zero-knowledge proofs to unlock their assets upon spending. This mechanism also provides a potential recovery path for wallets derived from BIP-32, but its implementation still relies on Bitcoin introducing STARK verification capabilities and gaining community consensus. (CoinDesk)

Sam Altman announced that users can now log into OpenClaw using their ChatGPT accounts and access subscription services. According to Foresight News, OpenAI has introduced the 'Codex Pets' feature for the Codex desktop application. This feature includes various preset pets, and users can utilize the hatch-pet skill to allow AI to automatically generate custom pets with attributes such as species, personality, and rarity. The current Codex session's status and progress summary can be displayed in real-time, enabling users to monitor Agent progress while switching windows.

LAB token experienced a significant increase in value, rising by 200% within the day, according to Odaily. The current price of LAB stands at $2.07.

According to GMGN data, LAB has surged 200% intraday and is currently trading at $2.07.

Michael van de Poppe, founder of MN Trading Capital, suggests that Bitcoin's return to the $100,000 mark might not need new market narratives to drive it. According to Odaily, he believes that narratives will naturally form as prices rise. Currently, market attention has shifted towards areas like AI, putting short-term pressure on Bitcoin. However, from a mathematical and statistical perspective, the current price range still holds value for accumulation. Data indicates that Bitcoin has not reached the $100,000 level for nearly five months. The price has risen from a low of approximately $60,000 in February this year to around $78,000, marking a 14.49% increase over the past 30 days. The market is closely watching potential catalysts such as Federal Reserve interest rate policies, regulatory developments, and inflows into Bitcoin spot ETFs. However, some opinions suggest that even if the U.S. CLARITY Act is implemented, its direct impact on Bitcoin's price may be limited.

1. Bitcoin spot ETFs saw a total net inflow of $630 million yesterday, with BlackRock IBIT leading the way with $284 million; 2. Ethereum spot ETFs saw a total net inflow of $101 million yesterday, with Fidelity FETH leading the way with $49.3942 million; 3. Trump likened the US blockade of Iranian ports to piracy: a "very profitable business"; 4. uPEG's market capitalization briefly surpassed $22 million, with a daily increase of over 99%; 5. Cryptocurrency stocks generally rose at the close of US stock markets, with CRCL rising over 9.7%; 6. Polymarket's probability of the "CLARITY Act officially taking effect in 2026" rose to 67%, a 24-hour increase of 21%; 7. MN Trading Capital founder: Bitcoin's return to $100,000 may not require a new narrative; 8. A whale withdrew 1051 BTC from Binance two hours ago, worth approximately $82.35 million; 9. British Reform Party leader Farage has been accused of a conflict of interest, having pushed for a crypto tax cut proposal after receiving a £5 million grant.

Michael van de Poppe, founder of MN Trading Capital, stated that Bitcoin's return to the $100,000 mark may not require a new market narrative; the narrative will naturally emerge as prices rise. He pointed out that the market's focus has shifted to areas like AI, putting relative pressure on Bitcoin's short-term performance. However, from a mathematical and statistical perspective, the current price range still possesses accumulation value. Data shows that Bitcoin has not reached the $100,000 mark for nearly five months, with the price rebounding from a low of approximately $60,000 in February to approximately $78,000, a 30-day increase of about 14.49%. The market is generally focused on potential catalysts such as the Federal Reserve's interest rate policy, regulatory developments, and inflows into Bitcoin spot ETFs. However, some believe that even if the US CLARITY Act is passed, its direct impact on Bitcoin's price will be limited. (Cointelegraph)

The structural contradictions exposed in the first quarter include the sticky inflation caused by the combination of tariffs and war, the policy combination of quantitative tightening and maintaining high interest rates under the leadership of Walsh, and the vicious cycle of oversupply and capital depletion in the counterfeit market.

According to Lookonchain, a newly created wallet withdrew 1,051 BTC from Binance two hours ago, worth approximately $82.35 million.

Bitcoin spot ETFs experienced substantial inflows on May 1, according to PANews. Data from SoSoValue indicates that the total net inflow reached $630 million on that day. BlackRock's IBIT led the inflows with $284 million, while Fidelity's FBTC followed with $213 million. As of now, the total net asset value of Bitcoin spot ETFs stands at $103.785 billion, with a net asset ratio of 6.66%. The historical cumulative net inflow has risen to $58.718 billion.

Powell, the Federal Reserve, Powell's last press conference: What did the crypto community hear? Golden Finance: The good news is real, and the bad news is real too.

Where technology comes from determines where it can go. Cross-border mergers and acquisitions are shifting from being a path for technology diffusion to a new consideration for technology flow.

Strait of Hormuz, USDT, Whose Dollar? USDT in the Strait of Hormuz and the Disorderly Dollar System. Golden Finance: Whose Order, Whose Permission, Whose Dollar?

The news of the halt to Meta's acquisition of Manus sparked a mixed reaction. Some cheered, some frowned, some worried about the enthusiasm of foreign venture capitalists, and some worried about the potential harm to Chinese innovation.

Jinse Finance launches its cryptocurrency and blockchain industry daily news report, "Jinse Morning 8," issue 3044, providing you with the latest and fastest news on the digital currency and blockchain industry.

On one hand, there is a flurry of releases of core PCE data from the Federal Reserve, the Bank of Japan, the European Central Bank, and the United States; on the other hand, there is a concentrated burst of industry narratives, causing the market to oscillate between "expectation" and "panic".

Payments, Cryptocurrency, Financial System, The "Last Mile" Problem of Cryptocurrency Payments (Jinse Finance): The "delivery" of cryptocurrency to fiat currency is far more complex than it seems.

The market won't remain ambiguous forever. Catalysts often appear unexpectedly.

For entrepreneurs aspiring to work in the Web3 field, it is recommended to rationally assess the potential risks of their startup projects and make prudent decisions after fully understanding domestic laws and market policies.