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Anthropic Updates Statement on Unauthorized Stock SalesAnthropic has updated a statement originally released in February regarding unauthorized sales and investment scams involving its stock. According to Odaily, the company emphasized that any sale or transfer of Anthropic stock not approved by its board, or any disposition of stock rights, is invalid and will not be recognized in the company's records. Additionally, Anthropic does not permit special purpose vehicles (SPVs) to hold its stock, rendering any stock transfers to SPVs invalid. Following this announcement, the pre-market stock token for Anthropic on PreStocks experienced a significant drop, currently priced at $1023.9, marking a 24.94% decline in a single day.

Anthropic Updates Statement on Unauthorized Stock Sales

Anthropic has updated a statement originally released in February regarding unauthorized sales and investment scams involving its stock. According to Odaily, the company emphasized that any sale or transfer of Anthropic stock not approved by its board, or any disposition of stock rights, is invalid and will not be recognized in the company's records. Additionally, Anthropic does not permit special purpose vehicles (SPVs) to hold its stock, rendering any stock transfers to SPVs invalid.

Following this announcement, the pre-market stock token for Anthropic on PreStocks experienced a significant drop, currently priced at $1023.9, marking a 24.94% decline in a single day.
Bank of Japan Member Suggests Swift Rate Hikes if Inflation Risks RiseA summary of opinions from the Bank of Japan's April meeting reveals that one member emphasized the need for the central bank to act decisively in raising interest rates if inflation risks increase. According to Jin10, this statement highlights the ongoing concerns within the Bank of Japan regarding potential inflationary pressures and the necessity for a responsive monetary policy approach. The member's remarks underscore the importance of vigilance in monitoring economic indicators to ensure price stability.

Bank of Japan Member Suggests Swift Rate Hikes if Inflation Risks Rise

A summary of opinions from the Bank of Japan's April meeting reveals that one member emphasized the need for the central bank to act decisively in raising interest rates if inflation risks increase. According to Jin10, this statement highlights the ongoing concerns within the Bank of Japan regarding potential inflationary pressures and the necessity for a responsive monetary policy approach. The member's remarks underscore the importance of vigilance in monitoring economic indicators to ensure price stability.
Article
Microsoft Aims for $92 Billion Return from OpenAI InvestmentMicrosoft set a target to achieve a $92 billion return from its early significant investment in OpenAI, according to Bloomberg. This information was revealed during a court hearing on May 11 in Oakland, California, involving a lawsuit filed by Elon Musk against OpenAI and Microsoft. Microsoft CEO Satya Nadella stated in court that the investment was successful because the company took on the associated risks.

Microsoft Aims for $92 Billion Return from OpenAI Investment

Microsoft set a target to achieve a $92 billion return from its early significant investment in OpenAI, according to Bloomberg. This information was revealed during a court hearing on May 11 in Oakland, California, involving a lawsuit filed by Elon Musk against OpenAI and Microsoft. Microsoft CEO Satya Nadella stated in court that the investment was successful because the company took on the associated risks.
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Marathon Digital Holdings Reports Revenue Decline and Increased Net Loss in Q1Marathon Digital Holdings (MARA) has announced its financial results for the first quarter, revealing a revenue of $174.6 million, which marks an 18% decrease compared to the same period last year. According to NS3.AI, the company emphasized that bitcoin mining continues to be its core operational focus. The net loss for the quarter expanded to $1.3 billion, largely attributed to unrealized losses on the 38,689 BTC held on its balance sheet. In an effort to manage debt and improve financial flexibility, MARA sold approximately $1.1 billion worth of bitcoin towards the end of the quarter.

Marathon Digital Holdings Reports Revenue Decline and Increased Net Loss in Q1

Marathon Digital Holdings (MARA) has announced its financial results for the first quarter, revealing a revenue of $174.6 million, which marks an 18% decrease compared to the same period last year. According to NS3.AI, the company emphasized that bitcoin mining continues to be its core operational focus. The net loss for the quarter expanded to $1.3 billion, largely attributed to unrealized losses on the 38,689 BTC held on its balance sheet. In an effort to manage debt and improve financial flexibility, MARA sold approximately $1.1 billion worth of bitcoin towards the end of the quarter.
South Korea Delays Digital Asset Bill DiscussionsSouth Korea's National Policy Committee subcommittee has postponed discussions on a proposed basic act concerning digital assets, excluding it from today's finance legislation agenda. According to NS3.AI, the subcommittee will still address the Capital Markets Act during the meeting. This marks the final meeting for the subcommittee in the first half of the year. Deliberations on the digital asset bill are anticipated to resume only after a new parliamentary session is established following the June 3 local elections.

South Korea Delays Digital Asset Bill Discussions

South Korea's National Policy Committee subcommittee has postponed discussions on a proposed basic act concerning digital assets, excluding it from today's finance legislation agenda. According to NS3.AI, the subcommittee will still address the Capital Markets Act during the meeting. This marks the final meeting for the subcommittee in the first half of the year. Deliberations on the digital asset bill are anticipated to resume only after a new parliamentary session is established following the June 3 local elections.
Article
AI TRENDS | OpenAI to Acquire TOMORO for Private Equity Joint VentureOpenAI has announced plans to acquire the consulting firm TOMORO to establish a private equity joint venture. According to Jin10, this strategic move aims to expand OpenAI's influence in the financial sector by leveraging TOMORO's expertise. The acquisition is expected to enhance OpenAI's capabilities in providing AI-driven solutions to private equity firms, marking a significant step in its business diversification efforts.

AI TRENDS | OpenAI to Acquire TOMORO for Private Equity Joint Venture

OpenAI has announced plans to acquire the consulting firm TOMORO to establish a private equity joint venture. According to Jin10, this strategic move aims to expand OpenAI's influence in the financial sector by leveraging TOMORO's expertise. The acquisition is expected to enhance OpenAI's capabilities in providing AI-driven solutions to private equity firms, marking a significant step in its business diversification efforts.
Solana ETFs See Strongest Weekly Inflows Since FebruarySpot Solana ETFs experienced significant net inflows of $39.23 million last week, marking their most robust weekly performance since February. According to NS3.AI, this influx of capital coincided with a 15% increase in Solana's price over the past seven days, reaching $97.

Solana ETFs See Strongest Weekly Inflows Since February

Spot Solana ETFs experienced significant net inflows of $39.23 million last week, marking their most robust weekly performance since February. According to NS3.AI, this influx of capital coincided with a 15% increase in Solana's price over the past seven days, reaching $97.
CME: Fed Likely to Maintain Rates Through JulyAccording to Jin10, CME's FedWatch tool indicates a 97.7% probability that the Federal Reserve will keep interest rates unchanged by June, with a 2.3% chance of a cumulative 25 basis point rate cut. By July, the probability of maintaining the current rates is 94.6%, while the chances of a cumulative 25 basis point cut stand at 5.4%, and a 50 basis point cut at 0.1%.

CME: Fed Likely to Maintain Rates Through July

According to Jin10, CME's FedWatch tool indicates a 97.7% probability that the Federal Reserve will keep interest rates unchanged by June, with a 2.3% chance of a cumulative 25 basis point rate cut. By July, the probability of maintaining the current rates is 94.6%, while the chances of a cumulative 25 basis point cut stand at 5.4%, and a 50 basis point cut at 0.1%.
CleanSpark Reports Increased Net Loss in Second Quarter Due to Bitcoin ImpairmentCleanSpark reported a net loss of $378.3 million in the second quarter, marking a 173% increase from the $138.8 million loss recorded in the same period last year. According to NS3.AI, the loss was significantly impacted by a $224.1 million impairment charge on Bitcoin holdings. As of March 31, CleanSpark valued its Bitcoin holdings at approximately $925.2 million. Additionally, revenue from Bitcoin mining decreased by about 25% year over year, totaling $136.4 million.

CleanSpark Reports Increased Net Loss in Second Quarter Due to Bitcoin Impairment

CleanSpark reported a net loss of $378.3 million in the second quarter, marking a 173% increase from the $138.8 million loss recorded in the same period last year. According to NS3.AI, the loss was significantly impacted by a $224.1 million impairment charge on Bitcoin holdings. As of March 31, CleanSpark valued its Bitcoin holdings at approximately $925.2 million. Additionally, revenue from Bitcoin mining decreased by about 25% year over year, totaling $136.4 million.
Article
Stream Finance Explores Strategic Alternatives for Asset MaximizationStream Finance announced on Platform X that it is seeking ways to maximize the value of assets for customers and creditors. According to Odaily, the goal is to integrate, liquidate, and distribute assets prudently and swiftly. The team is considering several strategic alternatives that require the involvement of customers and creditors, with more details expected in the coming weeks. Inquiries can be directed to Jeremiah Ledgwidge at Cooley LLP. In November last year, Stream Finance reported a loss of $93 million in assets and subsequently suspended withdrawals, leading to a significant de-pegging of XUSD.

Stream Finance Explores Strategic Alternatives for Asset Maximization

Stream Finance announced on Platform X that it is seeking ways to maximize the value of assets for customers and creditors. According to Odaily, the goal is to integrate, liquidate, and distribute assets prudently and swiftly. The team is considering several strategic alternatives that require the involvement of customers and creditors, with more details expected in the coming weeks. Inquiries can be directed to Jeremiah Ledgwidge at Cooley LLP.

In November last year, Stream Finance reported a loss of $93 million in assets and subsequently suspended withdrawals, leading to a significant de-pegging of XUSD.
EF's Protocol Team Leads Ethereum Base Layer DevelopmentThe EF's Protocol team, previously known as Protocol R&D, is the primary group tasked with designing and developing the Ethereum base layer, according to The Block. This team plays a crucial role in the ongoing evolution and enhancement of Ethereum's foundational infrastructure.

EF's Protocol Team Leads Ethereum Base Layer Development

The EF's Protocol team, previously known as Protocol R&D, is the primary group tasked with designing and developing the Ethereum base layer, according to The Block. This team plays a crucial role in the ongoing evolution and enhancement of Ethereum's foundational infrastructure.
21Shares to List Spot Hyperliquid ETF on Nasdaq May 1221Shares announced it will list its spot Hyperliquid ETF, THYP, on Nasdaq on May 12, providing brokerage clients with regulated exposure to the native token of the Hyperliquid perpetuals trading network, according to BeInCrypto. The fund, structured as a grantor trust, allows the sponsor to stake HYPE for yield while maintaining passive price exposure. Custody is managed by Anchorage Digital Bank and BitGo Bank & Trust, with cold storage backed by up to $350 million in insurance. The ETF charges a 0.30% annual sponsor fee, paid in HYPE, and tracks the FTSE Hyperliquid Index. Hyperliquid's HYPE token surged to $42.071 following the announcement.

21Shares to List Spot Hyperliquid ETF on Nasdaq May 12

21Shares announced it will list its spot Hyperliquid ETF, THYP, on Nasdaq on May 12, providing brokerage clients with regulated exposure to the native token of the Hyperliquid perpetuals trading network, according to BeInCrypto. The fund, structured as a grantor trust, allows the sponsor to stake HYPE for yield while maintaining passive price exposure. Custody is managed by Anchorage Digital Bank and BitGo Bank & Trust, with cold storage backed by up to $350 million in insurance. The ETF charges a 0.30% annual sponsor fee, paid in HYPE, and tracks the FTSE Hyperliquid Index. Hyperliquid's HYPE token surged to $42.071 following the announcement.
Trump Discusses Potential 2028 Republican Presidential CandidatesU.S. President Donald Trump, during a dinner at the White House Rose Garden, inquired about the potential Republican presidential candidate for 2028. According to Odaily, he asked attendees whether it would be JD (Vice President Vance) or someone else, expressing uncertainty. He then sought opinions on support for Vance and Rubio, suggesting they might make a good team.

Trump Discusses Potential 2028 Republican Presidential Candidates

U.S. President Donald Trump, during a dinner at the White House Rose Garden, inquired about the potential Republican presidential candidate for 2028. According to Odaily, he asked attendees whether it would be JD (Vice President Vance) or someone else, expressing uncertainty. He then sought opinions on support for Vance and Rubio, suggesting they might make a good team.
Zap to Shut Down Meme Coin Application on June 1Zap, a meme coin application, announced on X platform that it will cease operations on June 1. According to ChainCatcher, the team initially aimed to develop an app allowing users to register and purchase their first meme coin within 30 seconds. Despite achieving this goal, the app did not attract the anticipated market interest. Users are advised to log into their accounts and export their private keys before the shutdown on June 1. It is recommended to import these keys into Phantom to continue accessing all assets. After June 1, users who have not exported their private keys can still securely access their funds through Privy Home.

Zap to Shut Down Meme Coin Application on June 1

Zap, a meme coin application, announced on X platform that it will cease operations on June 1. According to ChainCatcher, the team initially aimed to develop an app allowing users to register and purchase their first meme coin within 30 seconds. Despite achieving this goal, the app did not attract the anticipated market interest.

Users are advised to log into their accounts and export their private keys before the shutdown on June 1. It is recommended to import these keys into Phantom to continue accessing all assets. After June 1, users who have not exported their private keys can still securely access their funds through Privy Home.
Court Modifies Order Allowing Arbitrum DAO to Transfer Frozen ETHAccording to official updates from Arbitrum DAO, a court ruling has been issued concerning a previous case, directing creditors to serve a restraining order to Arbitrum DAO regarding ETH frozen after the rsETH incident. According to ChainCatcher, Aave LLC subsequently filed an emergency motion to have the order lifted. The court has since modified the order, permitting on-chain voting within Arbitrum and allowing the transfer of the frozen ETH to Aave LLC. Following the transfer, the restraining order will apply to Aave LLC. The revised constitutional AIP maintains Arbitrum DAO's approved intention for asset recovery, ensuring that the ETH will continue to be used for the recovery efforts related to the rsETH incident. Aave LLC is expected to comply with all court obligations throughout the legal proceedings.

Court Modifies Order Allowing Arbitrum DAO to Transfer Frozen ETH

According to official updates from Arbitrum DAO, a court ruling has been issued concerning a previous case, directing creditors to serve a restraining order to Arbitrum DAO regarding ETH frozen after the rsETH incident. According to ChainCatcher, Aave LLC subsequently filed an emergency motion to have the order lifted. The court has since modified the order, permitting on-chain voting within Arbitrum and allowing the transfer of the frozen ETH to Aave LLC.

Following the transfer, the restraining order will apply to Aave LLC. The revised constitutional AIP maintains Arbitrum DAO's approved intention for asset recovery, ensuring that the ETH will continue to be used for the recovery efforts related to the rsETH incident. Aave LLC is expected to comply with all court obligations throughout the legal proceedings.
CITIC Securities Expects Lithium Prices to Rise in Coming MonthsCITIC Securities reported on May 12 that disruptions in African lithium resource supply have not been resolved, and domestic lithium mica supply may face new variables. According to Jin10, Greenbushes has lowered its annual production guidance, and the marginal increase in South American lithium salt exports has declined, leading to an overall supply contraction in the next 2-3 months. The demand for power and energy storage batteries in 2026 is exceeding expectations, with lithium battery production in May increasing compared to the previous month. CITIC Securities expects that the favorable supply-demand dynamics may drive lithium prices to rise to 250,000 yuan per ton in the next 2-3 months.

CITIC Securities Expects Lithium Prices to Rise in Coming Months

CITIC Securities reported on May 12 that disruptions in African lithium resource supply have not been resolved, and domestic lithium mica supply may face new variables. According to Jin10, Greenbushes has lowered its annual production guidance, and the marginal increase in South American lithium salt exports has declined, leading to an overall supply contraction in the next 2-3 months. The demand for power and energy storage batteries in 2026 is exceeding expectations, with lithium battery production in May increasing compared to the previous month. CITIC Securities expects that the favorable supply-demand dynamics may drive lithium prices to rise to 250,000 yuan per ton in the next 2-3 months.
Roaring Kitty's X Account Allegedly Hacked, Promotes Meme CoinRoaring Kitty, known for his role in the GameStop 'retail vs. Wall Street' saga, reportedly had his official X account hacked early today. According to Odaily, the account was used to promote the contract address of the Meme coin Red Kitten Crew (RKC), causing its market value to briefly reach $12 million before dropping to $1.8 million. Roaring Kitty appears to have regained control of the account and deleted the tweet containing the contract address. However, he has not yet issued a statement to clarify the situation. The community largely believes the promotion of the Meme coin contract address was due to the account being compromised for a short period.

Roaring Kitty's X Account Allegedly Hacked, Promotes Meme Coin

Roaring Kitty, known for his role in the GameStop 'retail vs. Wall Street' saga, reportedly had his official X account hacked early today. According to Odaily, the account was used to promote the contract address of the Meme coin Red Kitten Crew (RKC), causing its market value to briefly reach $12 million before dropping to $1.8 million.

Roaring Kitty appears to have regained control of the account and deleted the tweet containing the contract address. However, he has not yet issued a statement to clarify the situation. The community largely believes the promotion of the Meme coin contract address was due to the account being compromised for a short period.
Samsung Union Seeks Transparency to Avert StrikeSamsung Electronics' largest union has expressed a desire to avoid a planned strike starting May 21 if the company improves salary transparency. According to Odaily, Choi Seung-ho, head of the Samsung Electronics union under the Samsung Group Federation of Trade Unions, stated that management's discretion over bonus distribution leads to a lack of transparency in the compensation system. The union, which is the largest at Samsung with approximately 70,000 members, represents more than half of the company's workforce. Negotiations between the union and management resumed on Monday after being paused at the end of March, with mediation from relevant South Korean government departments. The union has warned that if negotiations fail, members will strike from May 21 to June 7, potentially causing daily losses of 1 trillion won. Additionally, restoring semiconductor production lines to full capacity would incur extra costs. The union is advocating for up to 15% of each business unit's operating profit to be allocated for bonuses and for the removal of bonus caps.

Samsung Union Seeks Transparency to Avert Strike

Samsung Electronics' largest union has expressed a desire to avoid a planned strike starting May 21 if the company improves salary transparency. According to Odaily, Choi Seung-ho, head of the Samsung Electronics union under the Samsung Group Federation of Trade Unions, stated that management's discretion over bonus distribution leads to a lack of transparency in the compensation system.

The union, which is the largest at Samsung with approximately 70,000 members, represents more than half of the company's workforce. Negotiations between the union and management resumed on Monday after being paused at the end of March, with mediation from relevant South Korean government departments.

The union has warned that if negotiations fail, members will strike from May 21 to June 7, potentially causing daily losses of 1 trillion won. Additionally, restoring semiconductor production lines to full capacity would incur extra costs. The union is advocating for up to 15% of each business unit's operating profit to be allocated for bonuses and for the removal of bonus caps.
Bitcoin Ordinals Browser Ord.io to Shut Down on June 1Bitcoin Ordinals browser Ord.io announced on the X platform that it will cease operations on June 1. According to PANews, the platform, launched three years ago, has served over one million users. The team plans to upload the complete history of likes, replies, and public address data to GitHub, allowing future developers to build related Ordinals browsing tools based on this data.

Bitcoin Ordinals Browser Ord.io to Shut Down on June 1

Bitcoin Ordinals browser Ord.io announced on the X platform that it will cease operations on June 1. According to PANews, the platform, launched three years ago, has served over one million users. The team plans to upload the complete history of likes, replies, and public address data to GitHub, allowing future developers to build related Ordinals browsing tools based on this data.
Polymarket Sees Significant Shift in Isaiah Hartenstein Rebound PredictionsThe prediction market Polymarket has experienced a notable shift in the odds for the "Isaiah Hartenstein: Rebounds O/U 1.5" sub-market within the "Thunder vs. Lakers" event. According to ChainCatcher, the probability for the "Yes" option has dropped significantly from 80.6% to 56.6% within the past hour, marking a 24% fluctuation. Observers are advised to consider any relevant breaking news that may have influenced this change.

Polymarket Sees Significant Shift in Isaiah Hartenstein Rebound Predictions

The prediction market Polymarket has experienced a notable shift in the odds for the "Isaiah Hartenstein: Rebounds O/U 1.5" sub-market within the "Thunder vs. Lakers" event. According to ChainCatcher, the probability for the "Yes" option has dropped significantly from 80.6% to 56.6% within the past hour, marking a 24% fluctuation. Observers are advised to consider any relevant breaking news that may have influenced this change.
China's April PPI and CPI Show Unexpected Growth, Driven by Energy PricesChina's April Producer Price Index (PPI) rose by 1.7% month-on-month, with the year-on-year increase expanding from 0.5% in the previous month to 2.8%, according to a report by Jin10. The report, citing China International Capital Corporation (CICC), attributes the unexpected rise in PPI primarily to concentrated price increases in the energy and chemical sectors. Meanwhile, the Consumer Price Index (CPI) increased by 0.3% month-on-month, stronger than the seasonal trend, with the year-on-year growth rising from 1.0% to 1.2%, influenced by energy prices and holiday travel demand. Looking ahead, CICC suggests that in the context of ongoing U.S.-Iran negotiations, international oil prices are likely to remain high and volatile. The transmission of oil price shocks to other prices may experience delays, indicating potential upward pressure on PPI and CPI in the coming two months. However, the current recovery in production-side prices shows significant structural divergence, with upstream price increases being notably stronger than those downstream. In an environment of weak terminal consumer demand, inflation driven by input costs may continue to suppress profitability in midstream and downstream industries.

China's April PPI and CPI Show Unexpected Growth, Driven by Energy Prices

China's April Producer Price Index (PPI) rose by 1.7% month-on-month, with the year-on-year increase expanding from 0.5% in the previous month to 2.8%, according to a report by Jin10. The report, citing China International Capital Corporation (CICC), attributes the unexpected rise in PPI primarily to concentrated price increases in the energy and chemical sectors. Meanwhile, the Consumer Price Index (CPI) increased by 0.3% month-on-month, stronger than the seasonal trend, with the year-on-year growth rising from 1.0% to 1.2%, influenced by energy prices and holiday travel demand.

Looking ahead, CICC suggests that in the context of ongoing U.S.-Iran negotiations, international oil prices are likely to remain high and volatile. The transmission of oil price shocks to other prices may experience delays, indicating potential upward pressure on PPI and CPI in the coming two months. However, the current recovery in production-side prices shows significant structural divergence, with upstream price increases being notably stronger than those downstream. In an environment of weak terminal consumer demand, inflation driven by input costs may continue to suppress profitability in midstream and downstream industries.
AI TRENDS | OpenAI Launches Daybreak for Cyber DefenseOpenAI has introduced Daybreak, a cutting-edge artificial intelligence tool designed for cybersecurity professionals. According to Jin10, Daybreak integrates OpenAI's most advanced models, including Codex, along with contributions from security partners, to enhance cyber defense capabilities and ensure ongoing software security.

AI TRENDS | OpenAI Launches Daybreak for Cyber Defense

OpenAI has introduced Daybreak, a cutting-edge artificial intelligence tool designed for cybersecurity professionals. According to Jin10, Daybreak integrates OpenAI's most advanced models, including Codex, along with contributions from security partners, to enhance cyber defense capabilities and ensure ongoing software security.
NEAR Intents Expands Crosschain Swap Feature for Zcash ConversionsNEAR Intents has enhanced its crosschain swap feature, enabling users to convert over 100 tokens into Zcash in a single transaction. According to NS3.AI, this update incorporates an upgraded frontend and leverages NEAR's intent-based infrastructure to streamline routing across different blockchains.

NEAR Intents Expands Crosschain Swap Feature for Zcash Conversions

NEAR Intents has enhanced its crosschain swap feature, enabling users to convert over 100 tokens into Zcash in a single transaction. According to NS3.AI, this update incorporates an upgraded frontend and leverages NEAR's intent-based infrastructure to streamline routing across different blockchains.
Copper Production Forecast Decline Amid Indonesian Project Delays, Citic Securities ReportsCitic Securities has released a report indicating that global copper production forecasts for 2026 are officially in decline due to the Freeport's repeated delays in resuming operations at its Indonesian project and a comprehensive reduction in its 2026-27 production guidance. According to Jin10, the report highlights potential supply disruptions from extreme weather conditions, which could further exacerbate the situation. Citic Securities anticipates that the recent unexpected inventory reduction in China, reflecting strong supply-demand dynamics and reduced macroeconomic pressures, will help stabilize copper prices at $13,000 per ton in the second quarter of 2026. Additionally, the discrepancy between supply and demand expectations may drive copper prices to challenge previous highs. The report expresses optimism about the copper sector's configuration opportunities, citing the resonance of profit elasticity and valuation elasticity.

Copper Production Forecast Decline Amid Indonesian Project Delays, Citic Securities Reports

Citic Securities has released a report indicating that global copper production forecasts for 2026 are officially in decline due to the Freeport's repeated delays in resuming operations at its Indonesian project and a comprehensive reduction in its 2026-27 production guidance. According to Jin10, the report highlights potential supply disruptions from extreme weather conditions, which could further exacerbate the situation. Citic Securities anticipates that the recent unexpected inventory reduction in China, reflecting strong supply-demand dynamics and reduced macroeconomic pressures, will help stabilize copper prices at $13,000 per ton in the second quarter of 2026. Additionally, the discrepancy between supply and demand expectations may drive copper prices to challenge previous highs. The report expresses optimism about the copper sector's configuration opportunities, citing the resonance of profit elasticity and valuation elasticity.
China Investors Hope for Positive Outcomes from Xi-Trump SummitChina investors are closely watching the upcoming summit between Chinese President Xi Jinping and U.S. President Donald Trump. Bloomberg posted on X that the meeting is expected to provide enough positive developments to maintain the current trade détente, which has been supporting both the stock market and the yuan. The outcome of this summit is crucial for investors who are relying on stable trade relations to sustain economic growth and market stability.

China Investors Hope for Positive Outcomes from Xi-Trump Summit

China investors are closely watching the upcoming summit between Chinese President Xi Jinping and U.S. President Donald Trump. Bloomberg posted on X that the meeting is expected to provide enough positive developments to maintain the current trade détente, which has been supporting both the stock market and the yuan. The outcome of this summit is crucial for investors who are relying on stable trade relations to sustain economic growth and market stability.
Bank of Japan May Consider Rate Hike Amid Middle East UncertaintyThe Bank of Japan (BOJ) is contemplating the possibility of raising interest rates in its upcoming meetings, despite ongoing uncertainties in the Middle East. According to Jin10, a summary of opinions from the BOJ's April meeting revealed that one member expressed the likelihood of a rate hike starting from the next meeting, even as the future trajectory of the Middle East situation remains unclear.

Bank of Japan May Consider Rate Hike Amid Middle East Uncertainty

The Bank of Japan (BOJ) is contemplating the possibility of raising interest rates in its upcoming meetings, despite ongoing uncertainties in the Middle East. According to Jin10, a summary of opinions from the BOJ's April meeting revealed that one member expressed the likelihood of a rate hike starting from the next meeting, even as the future trajectory of the Middle East situation remains unclear.
Trump Administration Seeks Stay on Court Ruling Against 10% Global TariffThe Trump administration has requested a stay from a U.S. court regarding an unfavorable ruling on its 10% global tariff as it seeks to appeal the decision. According to NS3.AI, the U.S. Court of International Trade ruled against the tariff measure on May 8, but the ruling did not completely stop the collection of these duties. The tariff, which was implemented in February, is scheduled to expire in July unless Congress decides to extend it.

Trump Administration Seeks Stay on Court Ruling Against 10% Global Tariff

The Trump administration has requested a stay from a U.S. court regarding an unfavorable ruling on its 10% global tariff as it seeks to appeal the decision. According to NS3.AI, the U.S. Court of International Trade ruled against the tariff measure on May 8, but the ruling did not completely stop the collection of these duties. The tariff, which was implemented in February, is scheduled to expire in July unless Congress decides to extend it.
Ray Dalio and Michael Saylor Offer Diverging Views on Bitcoin's RoleRay Dalio has expressed skepticism about Bitcoin's role as a safe-haven asset. According to NS3.AI, Dalio highlighted Bitcoin's lack of privacy, its high correlation with technology stocks, and its relatively small market size as factors undermining its status as a secure investment. In contrast, Michael Saylor views Bitcoin as digital capital, advocating for its use as a global collateral asset. Saylor also noted that Bitcoin has outperformed gold since Strategy initiated its reserve strategy in August 2020.

Ray Dalio and Michael Saylor Offer Diverging Views on Bitcoin's Role

Ray Dalio has expressed skepticism about Bitcoin's role as a safe-haven asset. According to NS3.AI, Dalio highlighted Bitcoin's lack of privacy, its high correlation with technology stocks, and its relatively small market size as factors undermining its status as a secure investment. In contrast, Michael Saylor views Bitcoin as digital capital, advocating for its use as a global collateral asset. Saylor also noted that Bitcoin has outperformed gold since Strategy initiated its reserve strategy in August 2020.
Japan's March Household Spending Declines 1.3%Japan's household spending fell by 1.3% in March, contrary to expectations of a 0.6% increase, according to Jin10. The previous month's spending had risen by 1.5%.

Japan's March Household Spending Declines 1.3%

Japan's household spending fell by 1.3% in March, contrary to expectations of a 0.6% increase, according to Jin10. The previous month's spending had risen by 1.5%.
Polymarket User Bets $370,000 on Pistons in NBA PlayoffsA Polymarket user has placed a $370,000 bet on the Detroit Pistons to defeat the Cleveland Cavaliers in Game 4 of the NBA Eastern Conference semifinals. According to Odaily, the account, with a 35% win rate, purchased the position at an average price of 60¢, currently facing an unrealized loss of $9,300. The game is scheduled to start at 8 a.m. (UTC+8). The Pistons lead the series 2-1. The Cavaliers, playing at home, have a perfect 5-0 record in this year's playoffs, averaging 119.2 points per game.

Polymarket User Bets $370,000 on Pistons in NBA Playoffs

A Polymarket user has placed a $370,000 bet on the Detroit Pistons to defeat the Cleveland Cavaliers in Game 4 of the NBA Eastern Conference semifinals. According to Odaily, the account, with a 35% win rate, purchased the position at an average price of 60¢, currently facing an unrealized loss of $9,300.

The game is scheduled to start at 8 a.m. (UTC+8). The Pistons lead the series 2-1. The Cavaliers, playing at home, have a perfect 5-0 record in this year's playoffs, averaging 119.2 points per game.
Senate Banking Committee to Review CLARITY Bill Amid Democratic ConcernsThe Senate Banking Committee is scheduled to review the CLARITY market structure bill on Thursday. According to NS3.AI, Democratic support hinges on the inclusion of ethics provisions addressing conflicts of interest for members of Congress, the U.S. President, and the Vice President. Senator Kirsten Gillibrand emphasized that Democrats would not back the bill without these measures. A potential compromise on stablecoin yield could facilitate the bill's progress, though any Senate version would still require reconciliation with the House.

Senate Banking Committee to Review CLARITY Bill Amid Democratic Concerns

The Senate Banking Committee is scheduled to review the CLARITY market structure bill on Thursday. According to NS3.AI, Democratic support hinges on the inclusion of ethics provisions addressing conflicts of interest for members of Congress, the U.S. President, and the Vice President. Senator Kirsten Gillibrand emphasized that Democrats would not back the bill without these measures. A potential compromise on stablecoin yield could facilitate the bill's progress, though any Senate version would still require reconciliation with the House.
User Assets Locked in Closed South Korean Virtual Asset ProvidersUser assets valued at 22.1 billion won ($16.1 million) remain inaccessible in closed virtual asset service providers in South Korea. According to NS3.AI, only 0.3% of these assets have been returned to users. Yonhap News reported that 15 providers had ceased operations as of May 4, impacting 1,949,742 users.

User Assets Locked in Closed South Korean Virtual Asset Providers

User assets valued at 22.1 billion won ($16.1 million) remain inaccessible in closed virtual asset service providers in South Korea. According to NS3.AI, only 0.3% of these assets have been returned to users. Yonhap News reported that 15 providers had ceased operations as of May 4, impacting 1,949,742 users.
UK Retail Sales Decline in AprilThe British Retail Consortium (BRC) reported that the UK's same-store retail sales fell by 3.4% year-on-year in April. According to Jin10, this figure was significantly below the expected 0.8% increase and the previous month's 3.1% growth.

UK Retail Sales Decline in April

The British Retail Consortium (BRC) reported that the UK's same-store retail sales fell by 3.4% year-on-year in April. According to Jin10, this figure was significantly below the expected 0.8% increase and the previous month's 3.1% growth.
BNB Surpasses 670 USDT with a 0.64% Increase in 24 HoursOn May 11, 2026, 22:58 PM(UTC). According to Binance Market Data, BNB has crossed the 670 USDT benchmark and is now trading at 670.22998 USDT, with a narrowed 0.64% increase in 24 hours.

BNB Surpasses 670 USDT with a 0.64% Increase in 24 Hours

On May 11, 2026, 22:58 PM(UTC). According to Binance Market Data, BNB has crossed the 670 USDT benchmark and is now trading at 670.22998 USDT, with a narrowed 0.64% increase in 24 hours.
Payward Seeks New Funding Round at $20 Billion ValuationPayward is reportedly in the process of securing a new funding round, aiming for a valuation of $20 billion. According to NS3.AI, this move comes as the company seeks to expand its operations and enhance its market position. The funding round is expected to attract significant interest from investors, given Payward's strong performance and growth potential in the industry. Details regarding the specific investors or the timeline for the funding round have not been disclosed. Payward's strategic focus on innovation and market expansion is likely to be a key factor in its pursuit of additional capital.

Payward Seeks New Funding Round at $20 Billion Valuation

Payward is reportedly in the process of securing a new funding round, aiming for a valuation of $20 billion. According to NS3.AI, this move comes as the company seeks to expand its operations and enhance its market position. The funding round is expected to attract significant interest from investors, given Payward's strong performance and growth potential in the industry. Details regarding the specific investors or the timeline for the funding round have not been disclosed. Payward's strategic focus on innovation and market expansion is likely to be a key factor in its pursuit of additional capital.
Tesla's Stock Valuation: Analyst Highlights Potential Upside with OptimusPiper Sandler analyst Alexander Potter has reaffirmed a $500 price target for Tesla, suggesting that investors purchasing shares around the current $420 price are essentially acquiring the company's Optimus humanoid robot at no additional cost. According to NS3.AI, Potter's analysis is based on a 20-year discounted cash flow model, which values Tesla's 17 existing product lines at approximately $400 per share, excluding the anticipated contribution from the Optimus robot.

Tesla's Stock Valuation: Analyst Highlights Potential Upside with Optimus

Piper Sandler analyst Alexander Potter has reaffirmed a $500 price target for Tesla, suggesting that investors purchasing shares around the current $420 price are essentially acquiring the company's Optimus humanoid robot at no additional cost. According to NS3.AI, Potter's analysis is based on a 20-year discounted cash flow model, which values Tesla's 17 existing product lines at approximately $400 per share, excluding the anticipated contribution from the Optimus robot.
AI TRENDS | OpenAI Co-Founder Ilya Sutskever Holds Significant Stake in ChatGPT MakerOpenAI co-founder and former chief scientist Ilya Sutskever has revealed that his stake in the company is valued at approximately $7 billion, positioning him as one of the largest individual shareholders in the artificial intelligence startup. Bloomberg posted on X, highlighting Sutskever's substantial investment in OpenAI, which is renowned for developing the popular AI tool, ChatGPT. This valuation underscores the growing influence and financial success of AI-driven enterprises in the tech industry. OpenAI continues to be a pivotal player in advancing artificial intelligence technologies globally.

AI TRENDS | OpenAI Co-Founder Ilya Sutskever Holds Significant Stake in ChatGPT Maker

OpenAI co-founder and former chief scientist Ilya Sutskever has revealed that his stake in the company is valued at approximately $7 billion, positioning him as one of the largest individual shareholders in the artificial intelligence startup. Bloomberg posted on X, highlighting Sutskever's substantial investment in OpenAI, which is renowned for developing the popular AI tool, ChatGPT. This valuation underscores the growing influence and financial success of AI-driven enterprises in the tech industry. OpenAI continues to be a pivotal player in advancing artificial intelligence technologies globally.
Ethereum Foundation Appoints New Protocol Cluster Co-Leads Amid Leadership ChangesThe Ethereum Foundation has announced the appointment of three new co-leads for its Protocol cluster: Will Corcoran, Kev Wedderburn, and Fredrik. According to NS3.AI, this leadership change follows the planned departures of Barnabé Monnot and Tim Beiko from the organization, as well as Alex Stokes taking a sabbatical. The Protocol team is responsible for overseeing the Ethereum base protocol work and managing upcoming upgrades, including Glamsterdam and the subsequent Hegota.

Ethereum Foundation Appoints New Protocol Cluster Co-Leads Amid Leadership Changes

The Ethereum Foundation has announced the appointment of three new co-leads for its Protocol cluster: Will Corcoran, Kev Wedderburn, and Fredrik. According to NS3.AI, this leadership change follows the planned departures of Barnabé Monnot and Tim Beiko from the organization, as well as Alex Stokes taking a sabbatical. The Protocol team is responsible for overseeing the Ethereum base protocol work and managing upcoming upgrades, including Glamsterdam and the subsequent Hegota.
U.S. President Donald Trump Advocates for Increased TariffsU.S. President Donald Trump has expressed the need for additional tariffs, emphasizing their importance in current economic strategies. According to NS3.AI, Trump's statement reflects ongoing trade tensions and the administration's focus on leveraging tariffs as a tool for economic negotiation. The call for increased tariffs aligns with previous measures aimed at addressing trade imbalances and protecting domestic industries. This approach continues to be a significant aspect of the administration's economic policy.

U.S. President Donald Trump Advocates for Increased Tariffs

U.S. President Donald Trump has expressed the need for additional tariffs, emphasizing their importance in current economic strategies. According to NS3.AI, Trump's statement reflects ongoing trade tensions and the administration's focus on leveraging tariffs as a tool for economic negotiation. The call for increased tariffs aligns with previous measures aimed at addressing trade imbalances and protecting domestic industries. This approach continues to be a significant aspect of the administration's economic policy.
U.S. President Trump Supports Temporary Gasoline Tax Suspension Amid Ongoing Iran ConflictU.S. President Donald Trump has expressed support for a temporary suspension of the federal gasoline tax. Bloomberg posted on X, highlighting that this move is seen as an implicit acknowledgment that the conflict in Iran is unlikely to conclude in the near future. The decision reflects the administration's response to the ongoing geopolitical tensions and their impact on energy prices. The suspension aims to alleviate the financial burden on consumers as the situation in Iran continues to unfold.

U.S. President Trump Supports Temporary Gasoline Tax Suspension Amid Ongoing Iran Conflict

U.S. President Donald Trump has expressed support for a temporary suspension of the federal gasoline tax. Bloomberg posted on X, highlighting that this move is seen as an implicit acknowledgment that the conflict in Iran is unlikely to conclude in the near future. The decision reflects the administration's response to the ongoing geopolitical tensions and their impact on energy prices. The suspension aims to alleviate the financial burden on consumers as the situation in Iran continues to unfold.
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