Market News Summary - Tuesday, May 5th

* Oil prices showed signs of recovery, US stocks closed, and BTC traded sideways in the $79K - $80K range.
* The US-Iran ceasefire appeared to be on the verge of collapse, with renewed conflict erupting in Hormuz, involving the UAE and South Korea.
* Tonight at 9 PM (local time), the US is set to release March JOLTS job data (Forecast: 6.87M, Previous: 6.88M). Bitcoin Timing: Key trading timeframes to monitor this week.

Spot ETF Update for May 4th

* BTC recorded +$196.8M in inflows; BlackRock's data is not yet available.
* ETH saw +$6.5M in inflows; BlackRock's data is not yet available.
* SOL experienced +$3.3M in inflows; XRP had no recorded transactions.
* $TON and associated ecosystem coins, including DOGS, NOT, CATI, STON, REDO, and HMSTR, surged following Telegram's announcement to take over network leadership from the TON Foundation.
* The SEC postponed decisions on almost 20 anticipated ETFs, requesting further details on product structure and associated risks.
* The DTCC announced plans to facilitate tokenized securities trading starting in October, in collaboration with over 50 prominent partners, including JPMorgan, BlackRock, and Circle.
* International money transfer service Western Union launched its USDPT stablecoin on the Solana blockchain.
* The Trump-linked project WLFI has filed a lawsuit against Justin Sun, alleging he used KOLs (Key Opinion Leaders) and bots to disparage the project.
* Upbit exchange, in partnership with Optimism, launched GIWA Chain, a Layer 2 blockchain built on OP Stack.
* Bitmine continued its accumulation last week, adding 101,745 ETH (approximately $236M) and pushing its total holdings above 5 million ETH.