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The report discusses the continuous growth of the Monad network in the cryptocurrency field, with an increasing number of new addresses daily. This signifies ongoing interest and active participation from users, reflecting the strong allure of cryptocurrencies.

The Beam Foundation burnt 113.957.240 BEAM tokens on May 1, reducing the total supply by 40.9%. This strategic move aims to optimize token supply and increase their value, impacting the cryptocurrency market.

Elon Musk initially joked about regretting his support for Trump but later clarified his stance. He emphasized the importance of Trump's victory in maintaining the country's strength.

The issuance of gold-backed cryptocurrencies has surged, with market value up 6% to $1.43 billion. Investors are seeking risk-hedging tools, boosting interest in gold-backed digital assets as gold prices rise.

A group of Democratic senators opposes a Republican-backed stablecoin bill due to concerns over anti-money laundering, national security, and accountability, potentially impacting the cryptocurrency industry. The bill may need significant improvements to gain full support.

Democratic senators oppose the Republican-proposed Stablecoin legislation, citing unresolved concerns. They emphasize the need for stronger safety measures. Despite opposition, they remain committed to shaping responsible cryptocurrency regulations.

A trader executed a significant cryptocurrency transaction, selling 220 WBTC at $95,710 each, generating $21.06 million USDT. Strategic investment led to a 174% profit. Market awareness and timing contributed to the success of the trade. Caution is advised in financial decision-making.

Legal battle between Ripple and the U.S. SEC seems near conclusion, with Ripple accepting civil penalties. Final documents from SEC awaited. Market and crypto community await official statement for clarity and potential impact on XRP.

French Interior Minister Bruno Retailleau shared information on a kidnapping and ransom case in Paris involving the father of a cryptocurrency tycoon. The victim was rescued, and four suspects have been arrested. Details remain undisclosed.

Jurrien Timmer from Fidelity Investments analyzes the relationship between Bitcoin and gold, suggesting a portfolio with both assets. Despite Bitcoin leading in Sharpe ratio currently, a mix with gold may optimize returns amid market volatility.

Nvidia adapts AI chips to comply with US export regulations in the Chinese market, ensuring competitiveness amidst global tech trade policy changes.

Bitcoin network has recently adjusted its mining difficulty, showcasing flexibility to maintain network efficiency. The average computing power is 885.45 EH/s, with the next difficulty adjustment predicted in about 13 days and 3 hours. This ensures security and effectiveness for the Bitcoin system.