Dana's Morning Report:

1. The former chairman of the US CFTC has joined the Paxos board of directors;

2. The new UK law takes effect, and the police can confiscate cryptocurrencies without arrest;

3. Galaxy Digital's net profit in the first quarter increased to US$421.7 million;

4. Powell reiterated that interest rates may remain high for a longer period of time;

5. Bloomberg analyst: The purchase of BlackRock IBIT by the state pension is a good sign;

6. Coinbase includes Drift Protocol (DRIFT) in the coin listing roadmap;

7. Lens Protocol: The blockchain network Lens Network is being developed;

8. Vitalik Buterin took only 22 minutes to write the EIP-7702 proposal and was well received by the community;

9. The crypto prediction market Polymarket has raised US$70 million in two rounds of financing;

10. The Wisconsin Investment Committee holds US$99 million in IBIT and US$64 million in GBTC;

11. Michael Novogratz: Bitcoin will continue to maintain a range of US$55,000 to US$75,000.