Goldman Sachs predicts that the Federal Reserve will cut interest rates three times within 2025

JUST IN: 🇺🇸 31% of IRS tax auditors quit following DOGE downsizing.

BlockBeats News: On May 6th, according to Decrypt, Binance founder CZ admitted in an interview with Rug Radio that his experience of serving four months in the United States was "extremely difficult" and "frightening", and stated that he "would not want anyone to experience such a thing". However, this experience also made him realize the importance of health and family. He recalled that when he first entered prison, he felt a strong sense of unease and fear in front of the large, tattooed and noisy prisoners. His cellmate was once sentenced to 30 years for double murder, but the two got along fairly well. He was unable to enter a minimum security prison due to his non US citizenship and was sent to a low security facility. Despite being the founder of Binance and having a billionaire fortune, his fellow inmates did not treat him particularly well. CZ stated that many of his fellow inmates are very friendly, and he still maintains contact with several of them to this day. For him, the most difficult thing is the mental pressure - worrying about his sentence being suddenly extended. He pointed out that many friends in prison have suffered similar fates. This experience made him re-examine his life, "Health is the most important, followed by family, and then work and other things." CZ also revealed that he will publish a new book detailing this imprisonment life.

On May 6th, according to Nansen data, the top five public chains with active addresses in the past 7 days were Solana (24.215 million), Tron (5.851 million), Base (5.42 million), BNB Chain (5.243 million), and Aptos (4.889 million).

BlockBeats News: On May 6th, according to official sources, French Hill (2nd district of Arkansas), Chairman of the House Financial Services Committee, G.T. Thompson (15th district of Pennsylvania), Chairman of the House Agriculture Committee, Bryan Steil (1st district of Wisconsin), Chairman of the Digital Assets, Fintech, and Artificial Intelligence Subcommittee of the House Financial Services Committee, and Dusty Johnson (statewide district of South Dakota), Chairman of the Commodity Markets, Digital Assets, and Rural Development Subcommittee of the House Agriculture Committee, released a discussion draft of a bill today aimed at establishing a regulatory framework for digital assets in the United States.

According to a report by Jin Shi, Roberto Miaolich, a foreign exchange analyst at Yuxin Bank, stated in a report that the Federal Reserve expects to keep interest rates unchanged on Wednesday, and this decision is unlikely to provide much support for the US dollar. Mialich said that Federal Reserve Chairman Powell made it clear in a speech last month that the central bank will wait for clearer information on how tariffs will affect the economy and inflation. The US dollar index remains weak, and the options market still shows that investors tend to bet on a decline in the US dollar rather than an increase. Yuxin Bank expects that trading in Europe and America will continue around 1.13.