Today's crypto world news

Market highlights today: Powell's press conference next Thursday may maintain a hawkish stance to counter claims of White House influence.
1. The White House proposed a $163 billion reduction in the federal budget for fiscal year 2026. The Trump administration stated in a release that it will cut $163 billion in federal spending next year. The Office of Management and Budget at the White House indicated that the proposed budget will increase defense spending by 13% compared to the levels set in 2025, increase homeland security spending by nearly 65%, and cut non-defense discretionary spending by 23%, bringing it to the lowest level since 2017. The White House proposed a budget of $1.7 trillion for fiscal year 2026, a decrease of 7.6% from the previous year.
2. Hamas: Willing to reach a 5-year ceasefire agreement with Israel. Hamas is willing to reach a long-term ceasefire agreement with Israel for a period of 5 years under the guarantee of the international community and regional countries, and agrees to establish an independent committee to be responsible for the governance of the Gaza Strip.
3. In March and April, the U.S. copper imports reached a record high, in order to bring copper in before the tariffs take effect. Including
Some commodity trading giants, including Mercuria Energy Group and Trafigura Group, have accelerated their shipping speeds to import copper into the United States ahead of potential import tariffs. Media reports indicate that according to IHS.
According to Markit's high-frequency shipping data, over 170,000 tons of refined copper were shipped to the United States last month, setting a new record since the data began being recorded in 2014. If this data is ultimately confirmed by the official trade data from the United States for April, it will exceed the official record set in November 2001, when approximately 142,000 tons were imported.