According to Iranian media reports on the 7th, Iranian Defense Ministry spokesman Reza Tarae-nik said that Israel must recognize the rights of the Iranian people, which will pave the way for ending the war. The United States cannot extricate itself from its quagmire if it does not recognize the rights of the Iranian people, draw a clear line with Israel, and face reality. (Xinhua)

On May 07, 2026, 00:47 AM(UTC). According to Binance Market Data, Bitcoin has dropped below 81,000 USDT and is now trading at 80,991.546875 USDT, with a narrowed narrowed 0.12% increase in 24 hours.

According to Lookonchain's monitoring, four wallets suspected of being associated with Paradigm Capital transferred 11,615 ETH, worth approximately $27.29 million, to FalconX three hours ago.

Michael Saylor has expressed his belief that digital credit represents Bitcoin's most significant application, potentially driving its value to $10 million. According to NS3.AI, Saylor suggested that implementing a bi-weekly asset dividend cycle could help mitigate volatility and enhance liquidity in the market. Furthermore, he highlighted the potential of digital credit to provide high-yield accounts to a billion individuals, emphasizing its transformative impact on the financial landscape.

CoinMarketCap's Altcoin Season Index is currently at 44, suggesting that it is not yet altcoin season. According to NS3.AI, the index defines altcoin season when 75% of the top 100 non-stablecoin and non-wrapped cryptocurrencies outperform Bitcoin over the past 90 days. This metric helps investors gauge the relative performance of altcoins compared to Bitcoin, providing insights into market trends and potential investment opportunities.

Germany's Finance Minister Lars Klingbeil announced plans to revise the taxation approach for Bitcoin and other crypto assets, potentially eliminating the current policy that allows tax exemption for holdings over one year. According to ChainCatcher, the proposed changes aim to align the tax treatment of cryptocurrencies more closely with that of stock assets. The proposed adjustments have sparked criticism from some legal scholars, who argue that imposing stricter tax regulations solely on Bitcoin could conflict with the equal protection principles enshrined in Germany's constitution. Previously, Austria had already abolished a similar tax exemption for long-term crypto holdings.

Real estate investor Grant Cardone announced at the Consensus conference that his company has increased its Bitcoin holdings by $100 million alongside a $235 million real estate acquisition. According to ChainCatcher, Cardone stated that this latest allocation builds on a previous Bitcoin purchase made in early 2025, when Cardone Capital added 1,000 Bitcoins to its balance sheet, valued at slightly over $100 million at the time. This brings the company's total Bitcoin exposure to approximately $200 million. Cardone believes that the strategy of combining income-generating real estate with Bitcoin will outperform traditional Real Estate Investment Trusts (REITs). He noted that conventional REITs structurally cannot incorporate Bitcoin into their balance sheets, whereas his approach leverages stable real estate cash flows with Bitcoin's potential for growth, aiming for returns between 22% and 32%. He also mentioned that 80% of the investors in his company's fund had never previously held Bitcoin, and this strategy is designed to introduce the asset to newcomers in the crypto space.

In the Polymarket prediction event for the NBA Western Conference semifinals Game 2 between the Spurs and Timberwolves, a user with a 54% win rate (address: 0xa2cced8bfae7d645f7f437fb76becf2fcbb70cbc) has placed a $260,000 bet on the Spurs to win with a 9.5-point spread, at an average opening price of 52.1¢, resulting in a floating profit of $2,000. According to Odaily, the NBA playoffs Western Conference semifinals Game 2 between the Spurs and Timberwolves is scheduled to start at 9:30 AM UTC+8 today. The Timberwolves currently lead the series 1-0. Timberwolves' star player Edwards will continue to play, and Dosunmu is also available without any time restrictions.

Ethereum ecosystem token SATO experienced a significant surge, rising over 300% intraday and achieving a market cap of approximately $13.82 million. According to NS3.AI, this upward movement propelled SATO to a new high, marking a notable milestone for the token within the Ethereum ecosystem.

Trump said on Wednesday that the chances of reaching a framework agreement with Iran are "very high," possibly "within a week." Iran is reviewing the US ceasefire proposal, and the two core demands that the US has long insisted on remain unresolved.

Aave, a blockchain lending platform, has completed the liquidation of the remaining rsETH position held by the Kelp DAO attacker, according to The Block. This action is part of a recovery plan previously announced by Aave. The collateral obtained from the liquidation will be transferred to a multi-signature address managed by the DeFi United initiative, named 'Recovery Guardian.' This organization is working to restore the asset backing of rsETH and compensate affected users. This process marks one of the final stages in the community's efforts to address the $292 million loss caused by the vulnerability. Aave had previously stated that its liquidation required governance process support, specifically noting that Aave voted to temporarily manipulate the rsETH oracle price to incur losses on the attacker's fraudulent position. Aave assured that all adjustments will be fully restored once the liquidation is complete.

Jinse Finance launches its daily cryptocurrency and blockchain news bulletin, "Jinse at 8 AM," issue 3049, providing you with the latest and fastest news on the digital currency and blockchain industry.

Buying Circle stock does not actually mean you have "stablecoin exposure".

On May 5, 2026, a16z crypto announced the completion of its fifth crypto-focused fund, raising $2.2 billion.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on AI, DeFi, DAO, NFT, and the metaverse industry.

During the May Day holiday, a project called "Unipeg" (unipeg.art) suddenly became popular online.

The first round of financing for DeepSeek, a leading AI company in China, has attracted significant market attention.

Just last month, Sun opened his own transit station, B.ai, and this month the Trump family has entered the fray.

Sam Altman once referred to the advertisement as ChatGPT's "last resort."

Stablecoins, cryptocurrencies, ledgers are not nautical charts; an accounting perspective cannot see new continents. Jinse Finance: "The Endgame of Cryptocurrencies" exposes the scars, but misjudges the future.