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The Federal Reserve (FED) FOMC statement maintains the interest rate unchanged, indicating that inflation risks have intensified and economic uncertainty has increased. Powell emphasized that there is no need to rush to adjust the interest rate, and Trump's calls for rate cuts do not affect the work of the Federal Reserve (FED). Inflation is declining, short-term expectations are rising, and respondents believe that tariffs are the main driving factor of inflation expectations.

[Powell: Never Asked to Meet with the President, Will Never Do So] Federal Reserve Chairman Powell stated that he has never asked to meet with the president and will never do so; all meetings with the president are at the president's invitation.

On May 8, The Federal Reserve (FED) Chairman Powell stated that tariffs have been much larger than expected so far. If the announced significant increase in tariffs continues, there will be higher inflation and lower employment. Avoiding sustained inflation will depend on the scale, timing, and inflation expectations of tariffs. (Jin10)

On May 8, Ashish Shah, Chief Investment Officer of Public Investments at Goldman Sachs Asset Management, stated that the Federal Reserve is still in a wait-and-see mode, waiting for the uncertainty to dissipate. Recent employment data supports the Federal Reserve's stance, indicating that the labor market needs to weaken enough to restart the easing cycle. However, any weakness in the labor market may take several months to manifest, and it is believed that there is a greater likelihood of maintaining the interest rate at next month's meeting. ( Jin10 )

On May 8, The Federal Reserve (FED) Chairman Powell stated that abnormal fluctuations in trade have complicated GDP measurements. However, the current policy stance enables the FED to respond in a timely manner.

On May 8, former Federal Reserve Vice Chairman Clarida stated that the market has priced in a probability of economic recession between 40% and 50%. ( Jin10 )

On May 8, according to market data, the US stock market continued its fall, with the Nasdaq index dropping by 1.00%.

On May 8, the three major U.S. stock indexes were lower, with the Dow narrowing its rally slightly to 0.1%, the S&P 500 falling 0.43%, and the Nasdaq extending its decline to 0.87%. Crypto stocks were also lower, with MicroStrategy (MSTR) paring gains to 1.22% CEX(COIN) falling 1.02% MARA Holdings(MARA) down 0.27% and Riot Platforms (RIOT) down 1.59%

On May 7, cryptocurrency trading platform CEX (COIN) is set to report its first-quarter earnings on a turbulent backdrop, with Wall Street institutional analysts expecting results to fall short of expectations, and the slump in retail trading could hit the platform's most lucrative business segment. According to FactSet data, the company is scheduled to release a quarterly report after market hours on Thursday. Analysts forecast earnings per share (EPS) to fall to $1.93 from $2.26 in the fourth quarter of last year, and revenue to fall to $2.1 billion from $2.27 billion. This is a significant regression from EPS of $4.40 and revenue of $1.2 billion in the year-ago quarter. Transaction volume for the quarter is expected to reach $403.8 billion, down from $439 billion in the fourth quarter of last year. JPMorgan Chase & Co. lowered its EPS forecast to $1.59, pointing to a 10% contraction in CEX trading volume in the quarter, and the total crypto market

[JPMorgan Chase: Two major factors hinder the Fed from starting to cut interest rates, and the final decision often lags behind the economic situation] JPMorgan Chase pointed out that when the Fed is torn by conflicting macroeconomic data, its final decision often lags behind the situation. Trump is increasingly eagerly calling on the Fed to lower interest rates, but the Fed is in a tough position. JPMorgan analysts said there was little chance of a rate cut as the Fed kicked off its May policy meeting this week, and the likelihood of a rate cut at a follow-up meeting was also low. JPMorgan Chase & Co. believes that Fed officials are constrained in monetary policy for two reasons.
One reason is that rising inflation expectations make it difficult for The Federal Reserve (FED) to start dropping interest rates. The latest consumer inflation report shows that inflation in March rose by 2.4% year-on-year, higher than the FED's target of 2%. Compared to what may happen in the future, this number is still quite low: the one-year inflation expectation compiled by the University of Michigan is

On May 7th, according to Whale Alert monitoring, Tether issued an additional 1 billion USDT on the TRON network at 23:25 Beijing time.

On May 7, according to The Information, David Bailey, who previously provided Crypto Assets advice to Trump, plans to establish a Bitcoin investment company. It is reported that David Bailey is the CEO of Bitcoin Magazine and has recently been appointed as a member of the strategic advisory board of Metaplanet.

[Futu: Future plans to launch withdrawal function and support for more mainstream tokens] After Futu Securities International (Hong Kong) Limited announced the official launch of Bitcoin (BTC), Ether (ETH), and USD (USDT) deposit services, the company's Managing Director, Xie Zhijian, stated that following the deposit function, the withdrawal function and support for more mainstream tokens are also planned by Futu. In the future, they will also introduce a more diversified investment platform for Crypto investors.

On May 7, U.S. Treasury Secretary Besant refused to disclose which countries the U.S. might reach trade agreements with this week, stating that it would harm U.S. interests. (Bloomberg)

[A whale deposits 3833 ETH and 12 WBTC to CEX, potentially losing over $6 million] According to on-chain analyst @ai_9684xtpa, a whale address 0xA97…95643 that built a position at the peak has deposited 3833 ETH and 12 WBTC to CEX half an hour ago, with a total value of about $81.81 million. If all are sold, a loss of $6.078 million will be incurred, with ETH losses amounting to as high as $6.06 million, as the price has fallen from $3409 to $1828 over five months, a decline of 46%; WBTC losses are less than $20,000.

[7 Whale Addresses Have Transferred 77,458 ETH from CEX, Worth Approximately 140 Million USD] According to lmk.fun ( original Scopescan) monitoring, 7 Whale addresses are buying ETH, having transferred a total of 77,458 ETH from CEX in the past 9 hours, worth approximately 140 million USD.

[Ethereum ICO Whale deposits 2500 ETH worth 4.59 million USD to CEX] According to monitoring by ai_9684xtpa, three days later, the "2015 ICO Whale of 76,000 ETH" has deposited 2500 ETH (4.59 million USD) to CEX just 15 minutes ago, suspected of dumping. It still holds 11,000 ETH, worth 20.2 million USD, with a cost as low as 0.31 USD.

[A certain Whale unstakes 120,197 SOL and transfers all to CEX] According to Onchain Lens monitoring, a certain Whale has completely unstaked 120,197 SOL after 6 months of staking, worth 17.55 million USD, and transferred it to CEX.
Overall, the Whale has invested 120,000 SOL ($25.36 million) and earned 3,802 SOL in rewards, currently facing a loss of $7.8 million.

On May 7, according to CEX market data, MEMEFI has risen over 70% in the past 7 days, with a market capitalization reaching 59.8 million USD. The current price is 0.00589 USD, with a 24-hour increase of 12.9%.

The Russian Bitcoin Mining Company Luxor pointed out that if Trump imposes tariffs on the Bitcoin industry, Russia will benefit. Russia's advantages lie in hardware design not being American, cheap energy, and gradually loosening regulations, leading to a continuous rise in Mining. Despite sanctions, the government is promoting the legalization of Crypto Assets, and experts say that large-scale evasion of sanctions still poses challenges.