Today
2025/05/03

Multiple Crypto Assets experienced a flash crash, with prices plummeting sharply within a minute.

According to the Gate.io News bot and BWENEWS report, the crypto assets market recently experienced a sudden flash crash. Several altcoin prices fell sharply within one minute. This price fluctuation came on rapidly, and the cause has not yet been clarified.
More

In the past 24 hours, the entire network had Get Liquidated of 110 million USD, mainly from long orders.

PANews May 3 news, Coinglass data shows that in the past 24 hours, the crypto assets market experienced a total liquidation of $110 million in contracts, with long orders getting liquidated for $77.3813 million and short orders for $32.6548 million. The total liquidation amount for BTC was $18.243 million, and for ETH, it was $17.3279 million.
More
  • 2

Warren Buffett's advice to young investors: Hang out with better people.

Jin10 reported on May 3rd that when discussing how young investors should shape their investment philosophy, Buffett stated that the people you associate with are very important. "You should be around people who are better than you," he said. "You will move in the direction of the people you associate with."
More

Buffett: Something might happen in the U.S. that will make us want to hold a lot of other coins.

PANews, May 3rd news, Buffett stated at the shareholder meeting that the U.S. fiscal policy is my biggest concern. Berkshire Hathaway never pays attention to the short-term impact of dollar returns and other factors. There may be some events in the U.S. that make us more inclined to hold a large amount of other currencies. As of now, Buffett has not mentioned U.S. President Trump.
More
  • 1

Buffett: The U.S. fiscal policy is my biggest concern.

BlockBeats news, on May 3, Buffett stated that the U.S. fiscal policy is my biggest concern. There may be some events in the U.S. that make us more inclined to hold a large amount of other currencies. (Jin10)
More
  • 1

gork market capitalization突破7000万美元,1小时 rise超30%

BlockBeats news, on May 3rd, according to GMGN market data, the market capitalization of the Solana on-chain meme coin gork has surpassed 70 million USD, currently reported at 70.34 million USD, with a 1-hour rise of 30.22%. Previously, Musk asked a question to the gork X account.
More

The sampling results of the Singapore parliamentary election voting have been announced, with the ruling party securing more than half of the seats.

Jin10 data May 3 news, according to the latest results of the sampling data released by the Elections Department of Singapore for various constituencies, the ruling People's Action Party has already secured 56 seats in this parliamentary election, exceeding half of the total seats. A total of 211 candidates are competing for 97 parliamentary seats in this election. This election is the first time since Prime Minister Lawrence Wong took office in 2024 that he has led the ruling People's Action Party to participate in the parliamentary elections. The Singapore Parliament operates on a unicameral system, with members elected by voters for a term of 5 years. The party that holds the majority of seats in Parliament can form the government.
More

Buffett: The massive scale has become an obstacle to Berkshire's performance.

Jin10 data reported on May 3rd that when discussing Berkshire's shareholding in Japan's five major trading companies (Mitsui & Co., Mitsubishi Corporation, Sumitomo Corporation, Itochu Corporation, and Marubeni Corporation), Buffett turned to talk about one of the biggest challenges facing his conglomerate: the size issue. "It's unfortunate that Berkshire has become so large," Buffett said. "For Berkshire, size is the enemy of performance, and I don't know of any good way to solve this problem," he added, "but it's not an unsolvable problem."
More

Analysis: The IRS's encryption regulatory strategy will not be adjusted due to the departure of two executives.

Two senior executives from the IRS have left and joined the latency resignation list, which has not affected the regulatory strategy for encryption assets. The IRS remains committed to advancing tax compliance for digital assets, and the policy direction is expected to remain unchanged.
More
  • 3
  • 1

Buffett said Munger once teased him for being too controlling.

Jin10 data reported on May 3rd that Buffett stated that Berkshire is very cautious when investing, having executed 16 million trades in the past 80 years, but only a very small number have truly attracted them. He mentioned that Charlie once joked that he oversees too many things, but Buffett believes that there are only five things in life worth fully investing in. If there is 335 billion in funds, he hopes to find truly high-quality targets, even if a single investment is 50 billion, it must ensure substantial assistance to the business; blind investments would harm shareholder interests.
More
  • 1

Buffett: This year's shareholder meeting had 19,700 attendees, a record high.

On May 3, Jin10 reported that at the Berkshire Hathaway shareholders meeting, Buffett shared several data points: 19,700 attendees, setting a new record. Sales of Hi-Candy reached $317,000. Sales of Brooks running shoes were $310,000. Sales of Jazwares were $250,000.
More

ScamSniffer: In April, phishing losses in the encryption network amounted to approximately 5.29 million USD, with a significant increase in the number of victims.

ChainCatcher news, ScamSniffer released the phishing report for April 2025, with total losses amounting to 5.29 million USD and the number of victims reaching 7,565. Although the total loss amount decreased by about 17% compared to March, the number of victims significantly increased by 26%. The largest single attack profited 1.43 million USD through phishing, followed by address poisoning, which profited 700,000 USD.
More
  • 1

Elon Musk asked a question to the gork X account.

According to BlockBeats news, on May 3rd, Musk asked the gork X account on X (formerly Twitter), "Is there a way to make Grok no longer hate the word 'Retard'?"
More

Data: A certain Whale has gone long on BTC, ETH, SOL and other tokens in the past month, making a profit of over 9 million dollars.

According to ChainCatcher news and Lookonchain monitoring, a certain Whale has gone long on BTC, ETH, SOL, LTC, XRP, LINK, and 16 other Tokens in the past month, with total profits exceeding 9 million dollars. According to reports, the address purchased 309 BTC (24.68 million USD) at an average price of 79,792 USD, and the unrealized profit has exceeded 5 million USD.
More

Berkshire Hathaway's Q1 net profit fell to $4.6 billion, cash reserves reached a new record.

Jin10 reported on May 3 that Berkshire Hathaway's net profit for the first quarter was $4.603 billion, a decrease of 64% year-on-year, compared to a profit of $12.702 billion in the same period last year; first-quarter revenue was $89.725 billion, compared to $89.869 billion in the same period last year; the first-quarter investment net loss was $5.038 billion, compared to a profit of $1.48 billion in the same period last year. As of the end of the first quarter of 2025, Berkshire Hathaway's cash position rose to $347.7 billion, setting a new historical high. (The previous quarter's end was $334.2 billion.)
More

Berkshire Hathaway's Q1 net profit fell to $4.6 billion, cash reserves hit a new record.

Jin10 news, May 3rd, Berkshire Hathaway's net profit for the first quarter was $4.603 billion, a decrease of 64% year-on-year, compared to a profit of $12.702 billion in the same period last year; first-quarter revenue was $89.725 billion, compared to $89.869 billion in the same period last year; first-quarter net investment loss was $5.038 billion, compared to a profit of $1.48 billion in the same period last year. As of the end of the first quarter of 2025, Berkshire Hathaway's cash position rose to $347.7 billion, setting a new historical high. (The cash position was $334.2 billion at the end of the previous quarter.)
More
  • 2

The results of the local elections in the UK expose the crisis of Labour's governance, with the Reform Party emerging as a dark horse.

The results of the local elections in the UK show that the Reform Party has won 674 seats, becoming the biggest winner, while the Labour Party has secured 99 seats, ranking fourth, and the Conservative Party has lost 672 seats. The decline in support for the Labour Party following its governance policies has led to a drop in approval ratings, challenging the two-party system. This election is seen as a significant test for the Labour Party after taking office.
More

The results of the local elections in the UK expose the governance crisis of the Labour Party, while the Reform Party rises unexpectedly.

The results of the local elections in the UK show that the Reform Party won 674 seats, becoming the biggest winner, while the Labour Party secured 99 seats, ranking fourth, and the Conservative Party lost 672 seats. The decline in support for the Labour Party is attributed to the downturn in policies after taking office, challenging the two-party system. This election is seen as a significant test for the Labour Party after coming to power.
More

Gate.io MemeBox launches POPE (POPE)

Odaily News According to official news, Gate.io MemeBox is now listing POPE (POPE), and you can trade it as soon as you enter the APP.
More
Australian opposition leader Dutton acknowledged defeat, stating that this is not the result we wanted and that we did not perform well enough in this campaign. He congratulated Australian Prime Minister Albanese.

A trader bought 3.79 million POPs an hour ago and sold due to FOMO, incurring a loss of nearly 160,000 USD.

PANews, May 3rd news, according to Onchain Lens monitoring, a trader bought 3.79 million POPE one hour ago, spending about 608,900 USDC. Due to FOMO, he sold it and only received 449,600 USDC, resulting in a loss of 159,300 USD.
More

A trader bought 3.79 million POPs 1 hour ago and sold due to fear of missing out (FOMO), incurring a loss of nearly $160,000.

PANews May 3 news, according to Onchain Lens monitoring, a trader bought 3.79 million POPE one hour ago at a cost of about 608,900 USDC. Due to FOMO, they sold it for only 449,600 USDC, resulting in a loss of 159,300 USD.
More

Whale traded $POP Token and lost $159,000

According to the Gate.io News bot, on-chain data shows that a wallet Address (FqVewvi79ca4aYvJfcmMMBS77khTC1w6oWTagXuuZZnV) made a large $POPE Token transaction in the past hour. The address purchased 3.79 million POPE Tokens for 608,900 USDC, and then sold all holdings for 449,600 USDC, resulting in a single transaction loss of 159,300 USDC.
More

A certain FOMO trader invested in POP and lost $111,000 in less than 5 minutes.

Odaily News According to monitoring by Lookonchain, a trader lost $111,000 investing in POP in less than 5 minutes. Due to FOMO, he spent 200,000 USDC to purchase POP, but the price dropped significantly after the transaction. In a panic, he chose to sell, only obtaining $89,000, resulting in a loss of $111,000 in just a few minutes.
More

A certain FOMO trader invested in POP and lost $111,000 in less than 5 minutes.

PANews, May 3rd news, according to Lookonchain monitoring, a trader invested in POP and lost $111,000 in less than 5 minutes. Due to FOMO, he spent 200,000 USDC to buy POP, but after the transaction, the price fell sharply. In a panic, he chose to sell, only obtaining $89,000, resulting in a loss of $111,000 within a few minutes.
More

Investors FOMO into trading POP Token, losing $111,000 in 5 minutes.

Gate.io News bot message, a trader suffered significant losses in the POP Token trading. The trader invested 200,000 USDC to purchase POP Token, but after completing the purchase, the Token price experienced a sharp fall. In a panic, the trader sold the held Token at a price of 89,000 USD, ultimately losing 111,000 USD in just 5 minutes.
More
  • 2
  • 2

The probability of the US economy falling into recession this year on Polymarket has reached 59%.

On May 3, according to official website data, the probability of the prediction "the U.S. economy falling into recession by 2025" on Polymarket reached 59%, with a cumulative volume exceeding $4.27 million.
More

The POPE team is suspected of insider trading, making over a million dollars in profits within 2 hours.

The POPE team is suspected of insider trading, making a profit of $1 million. The team invested $100,000 to purchase 5.8 million POPE, selling 1.5 million POPE for only $0.286 each, earning $428,000. The team currently still holds 4.3 million POPE, valued at approximately $685,000.
More

The POP team is suspected of insider trading, making over a million dollars in profit within 2 hours.

The POPE team is suspected of insider trading, making a profit of $1 million. The team invested $100,000 to purchase 5.8 million POPE, selling 1.5 million POPE for a price of $0.286 per coin, earning $428,000. The team currently still holds 4.3 million POPE, valued at approximately $685,000.
More
  • 1
  • 2

The POPE team sold 1.5 million POPE at an average price of $0.286, making over $1 million in profit within 2 hours.

The Pope Meme coin team members earned over 1 million USD in 2 hours. They immediately spent 100,000 USDC to buy 5.8 million POPE after the token launched, becoming the earliest buyers. They then sold 1.5 million POPE at an average price of 0.286 USD (worth about 428,000 USD) and still hold 4.3 million POPE (worth about 685,000 USD).
More
  • 1

BTC_USDT falls below 96000 USDT

Gate.io News bot reports that according to Gate.io market data, BTC_USDT price has fallen below 96000 USDT, currently priced at 95993.7 USDT. The 24-hour fall is 0.96%.
More
  • 2