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Share link:In this post: The Czech government lowered its economic growth forecast for 2025 to 2% due to reduced corporate investment linked to U.S. tariffs. Exports, particularly in the auto industry, are slowing overall economic expansion, while household spending remains a key growth driver. The U.S. tariffs, especially on auto parts, have negatively impacted companies’ investment plans and may further slow Czech growth to 1.6% in 2025.
Analysts suggest that Bitcoin price is facing a strong wall at $84,000, which could lead to a breakout for BTC toward $96,000.
Ethereum continues to underperform but the rising bearish sentiment could signal a bullish rally for the cryptocurrency, according to Santiment.
Vitalik Buterin has proposed a roadmap to fix privacy on the Ethereum Layer-1 chain, setting a new benchmark for protocol functionality.
- 11:22Beam Foundation: Over 110 Million BEAM Tokens Destroyed on May 1PANews reported on May 4 that the Beam Foundation announced on the X platform that it had destroyed 113,957,240 BEAM tokens on May 1, reducing the total supply of BEAM tokens by 40.9%.
- 10:46Pump DEX 24-hour trading volume reaches $777 million, surpassing Raydium to rank secondAccording to a report by Jinse Finance, data from Defillama shows that Pump DEX's 24-hour trading volume is $777 million, surpassing PancakeSwap and Raydium, second only to Uniswap. It is noteworthy that the DEX TVL of PancakeSwap and Raydium are $1.67 billion and $1.29 billion respectively, far exceeding Pump DEX's TVL of $80 million.
- 09:50Market Cap of Gold-Backed Cryptocurrencies Grows 6% in the Past Month as Interest in Digital Gold Assets RisesPANews reported on May 4, according to CoinDesk, that the minting of gold-backed cryptocurrencies reached its highest level in nearly three years over the past month, driving the overall market capitalization of such tokens up by 6% to $1.43 billion. Meanwhile, the monthly transfer volume of gold-backed cryptocurrencies increased by 77% to $1.27 billion, indicating a significant rise in interest in digital gold assets. The latest report from the World Gold Council shows that total gold demand in the first quarter of this year reached 1,206 tons, a 1% increase year-on-year, marking the strongest first-quarter growth since 2016. Analysts believe that ETF investors and some crypto users are seeking programmable and on-chain traceable hedging tools amid rising gold prices, leading to increased interest in gold-backed crypto assets.