News

On May 2, CryptoQuant analyst Axel Adler Jr. stated that Bitcoin has currently entered the lower range of the Adjusted Realized Price Bands model, which may indicate the beginning of a market bottom. However, this process is not expected to be completed in the short term. The analyst estimates that a typical bottoming process takes about six months. A true bull market reversal cannot be driven by sentiment or short-term rebounds; it will only occur when the market begins to see forward-looking value and when real spot demand returns in the long term.

According to ChainCatcher, as reported by The Wall Street Journal, "Fed mouthpiece" Nick Timiraos wrote that three regional Federal Reserve presidents, including Dallas Fed President Lorie Logan and Minneapolis Fed President Neel Kashkari, oppose retaining the wording "the next move is more likely to be a rate cut" in this week's FOMC statement, and believe the next rate adjustment could be either an increase or a decrease. Outgoing Federal Reserve Chairman Jerome Powell stated that the committee is gradually shifting from a "bias toward rate cuts" to a "neutral stance," and noted that if a rate hike is needed in the future, the Fed would first switch to a neutral position before signaling an increase. Nick Timiraos analyzed that discussions within the Federal Reserve about the future path of interest rates have clearly shifted, with debate no longer centered primarily on when to resume rate cuts but now focusing on the conditions under which a rate hike might be necessary. Since the Fed began issuing policy statements in 1994, there have been very few disagreements about how to describe the policy direction (rather than the actual movements in rates).

Jinse Finance reported that TON has released an update for mainnet validators stating that due to new capital entering the validator network, both the minimum and maximum effective staking thresholds required for participation have increased. Validators should promptly check whether their current resource allocation is sufficient to continue participation, and consolidate their staking positions if conditions allow. The current minimum and maximum staking thresholds for this round of validation are 824,000 TON and 2,425,000 TON, respectively. It is expected that these thresholds will soon rise further to 1 million TON and 3 million TON. For validators unable to meet the dual-round staking requirements simultaneously, TON recommends using staking services or configuring a 1-of-2 round validation mode to maximize capital efficiency.