Overview of Major Overnight Developments on May 4

21:00 (UTC+8) - 7:00 (UTC+8) Keywords: SpaceX, Glamsterdam Upgrade, "14-Point Proposal"1. Iranian Ministry of Foreign Affairs: The United States has responded to Iran's "14-Point Proposal";2. Poll: Only 1% of U.S. voters list cryptocurrency as their top issue for the midterm elections;3. U.S. Treasury Secretary Besent: U.S. energy exports have reached record levels;4. Media reveals details of Iran's latest negotiation plan, which includes three phases;5. Federal Reserve's Barr warns: private credit risks could spill over into the financial system through "psychological contagion";6. SpaceX IPO approaching triggers capital reallocations, with Wall Street possibly selling tens of billions of dollars in tech stocks to subscribe;7. Ethereum Foundation: Key objectives of the Glamsterdam upgrade are largely completed, and consensus has been reached on a 200 million Gas Limit lower bound.