On the same day, the difference between the two blockchain architectures in the United States was no longer "public vs. private blockchain" or "crypto vs. banking", but rather "controllable vs. uncontrollable".

Tom Lee, in an interview with CNBC, expressed optimism about the U.S. stock market's potential for further growth despite reaching record highs. According to ChainCatcher, Lee highlighted that the valuation of leading stocks, particularly those related to AI and semiconductors, remains reasonable. He noted that the forward price-to-earnings ratio for semiconductor and tech leaders is approximately 22 times, which is significantly lower than the historical peak over the past 20 years. Lee emphasized that the demand in these sectors continues to grow explosively, suggesting there is still room for upward movement. He projected that the S&P 500 could reach 7,700 or higher by the end of the year.

South Korea's Ministry of Economy and Finance has announced plans to begin taxing virtual assets starting January 1 next year. According to ChainCatcher, this marks the first public statement by the ministry on the issue of virtual asset taxation. Under the current income tax law, income generated from the transfer or lending of virtual assets will be classified as 'other income.' A tax rate of 22% will apply to virtual asset income exceeding 2.5 million Korean won. This includes a 20% other income tax and a 2% local income tax. The taxation will affect approximately 13.26 million investors. Moon Kyung-ho, Director of the Income Tax Division at the Ministry of Economy and Finance, revealed that the National Tax Service is preparing relevant notices and has held multiple discussions with the country's five major virtual asset operators. A legislative notice is expected to be issued soon.

Stripe, a public blockchain: Why did Stripe build its own public blockchain? Golden Finance: Controlling the entire seven-layer value chain of transactions.

The UK construction sector experienced a decline in April, with the Purchasing Managers' Index (PMI) dropping to 39.7. According to Jin10, this figure is below the expected 45.6 and matches the previous value of 45.6. The lower-than-anticipated PMI indicates a contraction in the construction industry, reflecting challenges faced by the sector during this period.

The South Korean government will implement a cryptocurrency tax as planned in January next year. The National Tax Service is currently drafting a related notice, which is expected to be released soon along with a legislative announcement. Moon Kyung-ho, head of the Income Tax Division of the Ministry of Finance, stated that the National Tax Service has conducted several practical adjustments with five major cryptocurrency operators: Upbit, Bithumb, Coinone, Korbit, and Gopax. Under the current income tax law, starting January 1st next year, income from the transfer or lending of cryptocurrency assets will be classified as other income, and a comprehensive tax rate of 22% will be levied on income exceeding 2.5 million won, including a 20% income tax and a 2% local income tax. This policy will affect approximately 13.26 million investors.

Ark Invest, led by Cathie Wood, has recently made significant investments in Robinhood (HOOD). According to Odaily, Ark Invest's Director of Research, Nick Grous, stated on X that transaction revenue is inherently cyclical and heavily influenced by market conditions, suggesting that focusing solely on this data might overlook substantial changes. Robinhood's key focus is its subscription service, Robinhood Gold, which aims to deepen user engagement within its ecosystem. As of the first quarter of this year, the penetration rate of Gold services among funded users reached 15.8%, with 40% of new users opting for Gold upon registration. In the long term, the exclusive services offered by Gold are expected to create a stable and sustainable revenue base, less affected by market sentiment. This development is central to Robinhood's transformation from a brokerage platform to a 'financial super app,' although this process is still in its early stages. Last month, Robinhood's first-quarter earnings report fell short of market expectations, leading to a 13% drop in its stock price in a single day. Despite this, Ark Invest seized the opportunity to purchase over 550,000 shares of HOOD, investing approximately $39.7 million. These shares were added to Ark's flagship funds: ARKK, ARKW, and ARKF, where Robinhood now ranks among the top six holdings, accounting for about 3% of each fund.

Bank of America warned that huge IPOs from SpaceX and Anthropic could pressure major tech stocks as investors shift money into the new listings. Anthropic also signed a compute deal with SpaceX to expand Claude’s AI capacity using more than 220,000 Nvidia GPUs.

Aptos is committing $50 million to advance its AI-driven financial infrastructure. According to NS3.AI, Aptos Foundation and Aptos Labs aim to develop a financial platform that offers improved compatibility with the current financial system.

On May 7, Jin10 reported that the Hong Kong Exchange is set to relaunch gold futures trading in the coming months, marking its fourth attempt since 1980. Previous efforts were hindered by low trading volumes and liquidity issues. According to Jin10, the Hong Kong Special Administrative Region government is addressing these challenges by enhancing the clearing system, expanding storage capacity, and implementing tax incentives. The aim is to establish a robust ecosystem for physical delivery and capture the untapped 'Asian gold pricing power.'

Maersk CEO Vincent Clerc has highlighted the significant impact of the ongoing conflict in Iran on global shipping costs. Bloomberg posted on X that Clerc stated the oil shock resulting from the war is increasing shipping expenses by approximately half a billion dollars each month. He emphasized that these rising costs should be passed on to customers to maintain operational stability. The conflict has disrupted oil supplies, leading to increased fuel prices and affecting the shipping industry worldwide. Clerc's comments underscore the broader economic implications of geopolitical tensions in the region.

Cathie Wood's fund, Ark Invest, recently made a significant purchase of Robinhood (HOOD). Nick Grous, Research Director at Ark Invest, wrote in an article on X today that trading revenue is inherently cyclical and highly influenced by market conditions; focusing solely on this data will cause you to miss truly significant changes. Robinhood's most important story right now is its subscription service, Robinhood Gold, a mechanism that continuously pulls users deeper into the Robinhood ecosystem. As of the first quarter of this year, Gold's penetration rate among funded users reached 15.8%, and 40% of new users directly choose to subscribe to Gold upon registration. In the long run, the increasing number of Gold-exclusive services will form a more stable, sustainable, and less susceptible to market sentiment-driven revenue base. This is the core story of Robinhood's evolution from a single brokerage platform to a "financial super app," and this flywheel is still in its very early stages. Previously, Robinhood's first-quarter earnings report released last month fell short of market expectations, causing its stock price to drop 13% in a single day. However, Ark Invest took advantage of the downturn to buy heavily, investing approximately $39.7 million to purchase over 550,000 shares of HOOD, which were then added to the three flagship funds ARKK, ARKW, and ARKF. Currently, the stock has become one of the top six holdings of these three funds, accounting for approximately 3%.

On May 7, a prominent trader known as 'Loracle' from Hyperliquid has reportedly accumulated profits exceeding $35.4 million since initiating positions last August. According to BlockBeats On-chain Detection, the trader benefited from the recent rise in Bitcoin and various altcoins, influenced by the decline in crude oil prices, achieving a single-day profit of nearly $9.8 million. During today's portfolio adjustment, the trader closed a short position in Brent crude oil at $98, securing a profit of approximately $990,000. Currently, the trader maintains a short position in Brent crude oil valued at $13.7 million, with unrealized gains of about $1.67 million, continuing to hold a bearish outlook. Other major holdings include long positions in Bitcoin ($26 million), Zcash ($18.9 million), and Toncoin ($10 million). On the short side, the trader holds a position in HYPE valued at $39 million. The total account holdings amount to $112 million, with overall unrealized gains of approximately $8.7 million. Address: 0x8def9f50456c6c4e37fa5d3d57f108ed23992dae

US spot Bitcoin exchange-traded funds continued their aggressive inflow streak this week, attracting nearly $1 billion in fresh capital over two trading sessions as Bitcoin climbed back above the $80,000 level.

Elon Musk, Sam Altman, OpenAI, XAI: Live Coverage of the Century-Old Trial in Silicon Valley: Musk vs. Altman - Who is the "Most Hated Person"? Golden Finance: A Trial About Betrayal, Greed, and Ideals.

Elon Musk, XAI, OpenAI, Anthropic, SpaceX, xAI, valued at $230 billion, "died" on May 6th. Golden Finance reports that Musk also wants to be an "AI water seller."

Musk has successfully disgusted his biggest enemy, and Anthropic has finally found his hero.

The essence of Section 404 of the US Clarity Act is not "prohibiting interest," but rather determining who can make money and how. Banks win with the headline; the crypto industry wins with the wording.

The FCA has opened an investigation into Visa, Mastercard and PayPal over whether their digital wallet agreements may be limiting competition in the UK. At the same time, Mastercard is also involved in a separate pilot with banks and crypto firms to test faster cross-border settlement using tokenised US Treasuries.

Samsung SDS has won a landmark contract to build and operate a blockchain-based securities platform for the Korea Securities Depository (KSD), marking a decisive step in South Korea’s transition toward tokenized capital markets infrastructure.