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Bitso's "2025 Latin American Crypto Landscape Report" shows that nearly 40% of crypto purchases in the region in 2025 involve dollar-pegged assets, with USDC at 23%, Bitcoin at 18%, and USDT at 16%. Argentina has the strongest dollarization, with USDC/USDT totaling over 70%; Brazil is the most balanced, with stablecoins accounting for 34% and Bitcoin 22%; Colombia and Mexico fall between the two. The report points out that the region is shifting from speculation to financial infrastructure for savings, payments, and cross-border value transfer, but Bitcoin remains the core asset, accounting for 52% of investments, down 1 percentage point year-over-year.

Deep Tide TechFlow News, May 2nd, according to Cointelegraph, MN Trading Capital founder Michael van de Poppe posted on the X platform stating that Bitcoin does not need a new narrative or catalyst to return to the $100k psychological level. He pointed out that "as the price rises, the narrative will generate itself," believing that the current level remains a good accumulation zone.
van de Poppe also noted that recent market attention has shifted to AI.

Foreign media reports that the Iran conflict has lasted two months without any decisive results, and the stalemate could be extended indefinitely, potentially affecting global and U.S. oil prices. Trump and the Republican Party are under pressure as approval ratings decline, and prospects ahead of the November midterm elections look bleak. Even if Iran proposes negotiations, Trump still refuses.

Bitcoin breaks $78,000 again on Friday, up about 15% in the past 30 days, but the derivatives market remains cautious. The call options expiring at $84,000 are priced at 0.0136 BTC, implying roughly a 25% chance of reaching $84,000 by the end of the year, with the 30-day delta skew remaining consistently above neutral. Spot demand is strong, with ETF net inflows totaling $3.3 billion in March and April, pushing total assets past $100 billion; institutional investors have increased their BTC holdings over the past 30 days, amounting to the supply equivalent of the next five months of mining.

According to The Information, after Manus's acquisition plan was halted, the China Securities Regulatory Commission has tightened the review of red-chip companies applying for IPOs in Hong Kong, with several AI companies planning to evaluate dismantling their overseas structures and returning to domestic entities. Moon's Dark Side is communicating with lawyers about restructuring, but no final decision has been made; Leap Star has already started dismantling its overseas holding structure, and DeepRoute.ai is also evaluating. Dismantling usually takes 6-12 months and involves share repurchases, establishing joint ventures, and tax considerations. Although regulators have not issued a comprehensive ban, they have inquired about overseas holdings.

Deep Tide TechFlow News, May 2nd, Galaxy Research Director Alex Thorn stated that the U.S. Crypto Market Structure Act, the "CLARITY Act," has entered a critical legislative stage. With the Senate officially announcing a key compromise plan regarding stablecoin yields, positive signals have emerged for the bill's progress. The Senate Banking Committee may begin formal review as early as the week of May 11. The new plan explicitly expands the scope of stablecoin yield restrictions from issuers to third-party platforms, including crypto exchanges like Coinbase, stipulating that yields cannot be paid solely because users hold stablecoins (i.e., idle balances), nor can rewards be distributed in a manner equivalent to bank deposit interest in terms of economic effect or function.
Alex Thorn pointed out that if the Banking Committee's review is delayed until after mid-May,

Author: Deep Tide TechFlow
U.S. Stocks: The Nasdaq hits 25,000—a number that has never existed before
On Friday, the Nasdaq Composite closed at 25,114.44 points, the first time in human financial history that the weekend was welcomed above 25,000.
The S&P 500 closed up 0.29% to 7,230.12 points, continuing to set new all-time highs. The Dow Jones fell 0.31% to 49,499.27 points—just 500 points shy of the 50,000 whole-number threshold—but it still never managed to cross it. The Russell 2000 rose 0.46%, the VIX closed at 16.99, and fears remained anchored at low levels.
This week, Wall Street pulled off an almost unbelievable finish: Brent crude surged to $126 during the session, Powell wrapped up with an 8-to-4 split vote, and the MAG4 collectively announced plans to throw money at it.

Deep Tide TechFlow news: On May 02, Reuters reported that Tether’s quarterly report released Friday showed that this year’s first quarter gold purchases used to support USDT reserves slowed to about 6 metric tons, far below 27 tons from October to December 2025.
The report shows that as of the end of March, the value of gold in USDT reserves was $19.8 billion, which translated to about 132 metric tons based on market prices at the time—up from 126 tons at the end of December last year—but gold accounted for only 10% of the reserves. USDT reserves are mainly made up of U.S. Treasury bonds worth $117 billion, with Bitcoin accounting for $7 billion. USDT’s current circulating supply is $189.5 billion.
Also, data shows that Tether’s gold token XAUT is currently backed by 22 tons of gold.

a16z submits an 18-page comment letter to the CFTC, supporting the CFTC's position and opposing state restrictions on prediction markets, stating that bans create barriers to fair access and weaken liquidity. The CFTC recently filed lawsuits against multiple states, arguing that event contracts fall under CFTC exclusive jurisdiction. a16z also states that prediction market pricing is a unique form of price discovery, and on-chain markets are more transparent; in April, Polymarket and Kalshi's historical trading volume exceeded $150 billion.