Wu Says Daily Selected Crypto News - US Initial Jobless Claims for the Week Ending May 4: 228 Thousand

1. Initial Jobless Claims in the US for the Week Ending May 4 at 228 Thousand

Initial jobless claims in the US for the week ending May 4 stood at 228 thousand, with expectations at 231 thousand and the previous value at 241 thousand.

2. Bitcoin Surpasses 99,000 USD

Bitcoin surpassed 99,000 USD, currently quoted at 99,286 USD, with a 24-hour increase of 2.15%. ETH broke through 1,900 USD, currently at 1,970 USD, with a 24-hour gain of 7.52%.

3. QCP: Market Boosted by Trade Agreement Expectations, Bitcoin Approaches 100,000 USD

QCP Capital stated that the Federal Reserve kept interest rates unchanged as expected. Powell’s cautious stance did not commit to rate cuts within the year, with the market expecting three rounds of cuts starting in July. Meanwhile, Trump hinted at a major trade deal (speculated to involve the UK), triggering a rally in risk assets. Bitcoin returned to 99,000 USD, and Ethereum broke out of a nearly three-week consolidation range. Demand for call options increased, but tactical caution remains until Bitcoin firmly holds above 100,000 USD.

4. Coinbase Plans to Acquire Crypto Options Platform Deribit for 2.90 Billion USD

Coinbase will acquire crypto options platform Deribit via a cash and stock deal valued at approximately 2.90 billion USD, aiming to drive global expansion and strengthen its position in the crypto derivatives market. Deribit is currently the largest Bitcoin and Ethereum options platform worldwide, with a trading volume reaching 1.20 trillion USD in 2024. The transaction is pending regulatory approval, and Coinbase will also take over Deribit's operating license in Dubai.

5. Arthur Hayes Predicts Bitcoin to Reach 1 Million USD by 2028

BitMEX co-founder Arthur Hayes stated that the key institution influencing global liquidity and Bitcoin’s future is the Treasury Department, not the Federal Reserve. He predicts Bitcoin will rise to 1 million USD by 2028. He noted that the US-China trade agreement might be superficial, with real economic restructuring quietly unfolding through capital controls and foreign investment taxes. Hayes currently holds about 60% $BTC, 20% ETH, and the rest in "quality junk coins."

6. ZachXBT: Coinbase Users Lost Over 45 Million USD to Social Engineering Scams in the Past Week

According to on-chain investigator ZachXBT, Coinbase users were once again targeted by social engineering scams in the past week, resulting in losses exceeding 45 million USD. Several wallet addresses used to receive the stolen funds were disclosed. Notably, other major exchanges did not report similar issues.