Crypto News

A reporter from Fox News revealed that a senior U.S. official said that just now (early morning of the 8th, Beijing time), the United States launched military strikes on Iran's port of Qashm and Abbas, but he also added that this was not a re-outbreak of the war or the termination of the ceasefire agreement. The attack on Iranian oil ports came two days after Iran fired 15 ballistic and cruise missiles at the UAE's port of Fujairah. Earlier, senior Pentagon officials said on Tuesday that the Iranian attack did not reach the level of violating the ceasefire agreement, calling it a "low-intensity attack."

According to Fox News: Senior U.S. officials said the ceasefire with Iran is not over. (Jin Shi)

According to Fox News: The U.S. military has just launched an attack on Iran's port of Qeshm and Abbas.

According to the Tehran Times: Iran's air defense system was launched in western Tehran. (Jin Shi)

ChainCatcher news, according to Golden Ten, the US dollar index, which measures the US dollar against six major currencies, rose 0.05% on May 8 and closed at 98.063 at the end of the foreign exchange market. As of the close of the New York foreign exchange market, 1 euro was worth $1.1751, up from $1.1748 the previous day; 1 pound was exchanged for $1.3583, down from $1.3593 the previous day; 1 US dollar was 156.67 yen, up from 156.45 yen in the previous session; 1 US dollar was exchanged for 0.7788 Swiss francs, down from 0.779 Swiss francs in the previous session; 1 US dollar was 1.3635 C$1.3635, down from C$1.3636 in the previous session; 1 US dollar was exchanged for SEK 9.2432, up from SEK 9.2339 in the previous session.

Odaily Planet Daily News Multiple explosions were heard near Qesh Island and Abbasin Port in southern Iran. Sources said some of the sounds may be related to the operation of Iran's Islamic Revolutionary Guard Corps navy to warn some unauthorized vessels in the Strait of Hormuz. At present, Iranian officials have not responded to this. (CCTV)

Odaily Planet Daily News US President Trump: The EU must reduce tariffs to zero by the 250th anniversary of the founding of the United States. European Commission President von der Leyen has been agreed to give time; Otherwise, unfortunately, their tariffs will immediately increase significantly. (Jin Shi)

According to ChainCatcher news, according to Jinshi, Fed official Daly said that the current monetary policy is "slightly tight". He pointed out that if the conflict between the United States and Iran is resolved, it will put downward pressure on inflation.

ChainCatcher news, according to Golden Ten, Fed official Kashkari said that the current inflation level is still too high.

ChainCatcher news, according to Jinshi, ECB Executive Director Schnabel said that if the energy price shock expands, monetary policy will need to be tightened.

Odaily Planet Daily News Traders on the forecasting platform Kalshi believe that the possibility of a nuclear deal between the United States and Iran by 2027 is rising. (Jin Shi)

ChainCatcher news, according to Golden Ten, Fed official Daly said that wage growth is in line with the 2% inflation target.

ChainCatcher news, according to Golden Ten, the Federal Reserve Daly said that it is crucial to maintain price stability while avoiding hasty actions.

ChainCatcher news, according to Jin Shi, Fed official Daly said that there is currently no sign that long-term inflation expectations are rising.

ChainCatcher news, according to Jinshi, the Federal Reserve Daly said that the main conclusion of the Federal Open Market Committee (FOMC) meeting is that all members unanimously agree to keep interest rates unchanged. Daly noted that the wording of the statement is less important than the FOMC's actual actions.

According to ChainCatcher news, Tom Lee, chairman of BitMine, the largest financial institution for Ethereum, said at the Consensus Miami 2026 conference that BitMine currently buys about 100,000 ETH per week, and at this rate, BitMine will reach its goal of holding 5% of Ethereum's supply in about the next 6 weeks, but is currently evaluating whether it should slow down the pace of buying and instead use capital for a $4 billion buyback program. BitMine has an annualized income of more than $300 million from staking Ethereum, and the company's overall daily cash flow exceeds $1.2 million, while it still holds about $700 million in cash reserves. Tom Lee said that if Bitcoin closes above $76,000 at the end of May, it will rise for three months, and the bear market is about to officially end. Tom Lee said when talking about Ethereum's target price: If Bitcoin rises to $250,000 and the ETH/BTC exchange rate returns to its 2021 high, Ethereum will correspond to about $22,000; If the ETH/BTC exchange rate reaches the extremely optimistic level of 0.25, it corresponds to about $62,000. If tokenization explodes on a large scale and Ethereum becomes the main settlement layer, it corresponds to $250,000.

According to ChainCatcher news, crypto journalist Eleanor Terrett disclosed that according to the latest polls in the United States, the issue of supporting legislation on the structure of the crypto market crosses party lines, with 52% of voters supporting the bill and only 11% opposing it. The Cryptocurrency Market Structure Act, or CLARITY Act, has received majority support from Democrats, Republicans, and independents, highlighting broader voter demand for clearer rules and enhanced consumer protections for digital assets, while preparing for a crucial vote on the Senate Banking Committee next week.

According to CoinMarketCap data, the top 100 tokens by market capitalization of cryptocurrencies perform as follows: Top 5 gainers: SIREN (SIREN) rose 28.8% to $1.03; Venice Token (VVV) rose 10% to $12.49; Ondo (ONDO) is up 8.12% and is now trading at $0.3589.