The BTC price on HashKey exchange fell below HK$472,000, with a 24-hour drop of -3.16%. Boyaa Interactive’s first-quarter profit increased by 1,130% due to reasons such as the purchase of cryptocurrency. ETH falls below $2,900. Ethereum co-founder Joseph Lubin praised Texas for its leadership in blockchain innovation. A trader purchased it for US$3,540 a month ago and made a profit of US$1.88 million. The founder of ConsenSys said that Ethereum and blockchain technology are threatened by the US SEC. Cosmos Hub passed proposal 914 and plans to upgrade to v16 on May 15th. IBIT and FBTC reached US$10 billion in asset management in only 49 and 77 trading days respectively. Kraken once again pushed for the dismissal of the US SEC lawsuit. On May 10, nine U.S. Bitcoin ETFs held a total of 714 Bitcoins. The founder of 10x Research said that ETH’s weak fundamentals have become an obstacle for BTC. BTC fell below $61,000, OKB fell below $50, and there was an on-chain loan and liquidation limit of $49.4 million near ETH $2,855. Glacis Labs received $2.1 million in seed round financing. The one-year U.S. inflation rate in May is expected to be 3.5%. The Layer3 Foundation will launch token L3, and the genesis airdrop will account for 5% of the total amount. ETH fell below US$3,000, and the authorized issuance of USDT on the TON chain rose to US$230 million, still the sixth largest blockchain issuance. A certain address transferred 6 million IDs from OKX 6 hours ago, worth approximately US$4.52 million. Overall, market volatility continues, with both Ethereum and Bitcoin prices trending downward, and the blockchain industry remains on edge.