BlockBeatNews

According to BlockBeats news on May 2nd, monitoring by lookonchain shows that a Whale who earned over 7.5 million dollars by trading Fartcoin is currently increasing their holdings in AVA. Over the past 20 days, this Whale has purchased 23.37 million AVA at an average price of 0.03554 dollars (worth 1.71 million dollars), and currently holds about 875,000 dollars in unrealized profit.

BlockBeats news, on May 2nd, Trump's economic advisor Milan stated that the trade protocol and Republican tax reduction legislation are "coming soon". (Jin10)

BlockBeats news, on May 2, Trump's economic advisor Milan stated, "I would be very surprised if tariffs do not change in the coming weeks." (Jin10)

According to BlockBeats news on May 2, market sources indicate that the Trump team is ready to put pressure on Russia to end the war.

BlockBeats news, on May 2, traders cut bets on The Federal Reserve (FED) rate cuts, expecting nearly four rate cuts from the FED this year. (Jin10)

BlockBeats news, on May 2, the U.S. unemployment rate in April is 4.20%, expected to be 4.20%, previous value 4.20%. (Jin10)

BlockBeats news, on May 2, ahead of the non-farm payroll release, the US dollar weakened, while non-USD currencies and Spot gold strengthened. (Jin10)

Data from May 2 indicates that the funding rates of mainstream CEX and DEX are showing a divergence, with a mix of neutral and bearish sentiments. The funding rate is set to adjust the balance between the contract price and the underlying asset price, serving as a mechanism for the exchange of funds between long and short traders. When the funding rate is greater than 0.01%, the market generally holds a bullish view; when it is less than 0.005%, the market generally holds a bearish view.

BlockBeats news, on May 2, according to Spot on Chain monitoring, Curve founder Michael Egorov has sold 343,452 CRV (approximately $224,000) since April 8. Since March 24, the total sale volume has reached 3,433,000 CRV (approximately $1.85 million), with an average selling price of $0.539.

CryptoQuant analysts point out that BTC's annualized real MVRV has returned to the positive range, indicating that holders are in profit, which reduces panic selling. Holder confidence has increased, and the market has entered a more sustainable price rise cycle, until speculators take profits.

According to BlockBeats news on May 2, Moonshot Listings has monitored that Moonshot has launched Boopa, with a market capitalization currently reported at 8.26 million USD, a rise of 77.21% in the past hour, and a trading volume of 15.4 million USD in the past 24 hours.

BlockBeats news, on May 2nd, the privacy and scaling solution Aztec based on ZK Rollup announced on social media that it has launched its public Testnet.

BlockBeats news, on May 2, according to Cointelegraph, European Bitcoin financial company Blockchain Group plans to increase its Bitcoin holdings to 260,000 coins (24 billion USD) by 2033.