Information update:

1. H.C. Wainwright Analyst: The bear market is over and Coinbase will profit in the future bull market.

2. HKIEF Hong Kong Innovation Crypto Fund: Hong Kong will establish a VASP licensing system and implement dual license supervision.

3. The gas fee of Ethereum soared by 570.59% in 10 minutes, and the activity on the ETH chain increased.

4. U.S. stocks closed, with the Dow Jones Industrial Average rising 1.55%, the Nasdaq Composite Index rising 2.43%, and the S&P 500 Index rising 1.92%.

5. The probability that the Federal Reserve will raise interest rates by 25 basis points in May is 83.9%.

6. U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler said that cryptocurrency trading platforms must comply with various regulations and register with the SEC. Cryptocurrency trading platforms must treat cryptocurrencies like securities.

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