1. U.S. initial jobless claims for the week are at 209,000, below the expected 210,000

The initial jobless claims in the U.S. for the week ending May 16 came in at 209,000, lower than the expected 210,000, with the previous value revised from 211,000 to 212,000. AI interpretation: The lower-than-expected jobless claims indicate resilience in the labor market, further solidifying the foundation for economic recovery. This data will alleviate market concerns about an economic slowdown and bolster confidence in the Fed's rate policy. Overall, the decline in jobless claims is likely to have a positive impact on consumer spending and economic growth. - Original text

2. The final draft of the US-Iran agreement has been reached, expected to be announced within hours.

According to Iran Labor News Agency (ILNA), citing Arab satellite TV, the final draft of the US-Iran agreement has been reached under Pakistani mediation, expected to be announced within hours. The draft includes a comprehensive ceasefire, protection of infrastructure, ensuring freedom of navigation in the Persian Gulf and Strait of Hormuz, gradual lifting of sanctions on Iran, and negotiations on unresolved issues to begin within seven days. - Original

3. Spot gold has fallen below $4490/oz, down 1.18% on the day.

4. Mark Cuban claims he has sold off most of his Bitcoin, stating Bitcoin has lost its direction.

Mark Cuban stated he has sold off 'most' of his Bitcoin, claiming that 'Bitcoin has lost its way.' - Original

5. Blockchain.com has secretly filed for a U.S. IPO, with a valuation of approximately $2 billion (down from the 2022 peak of $14 billion).

According to Bloomberg, Blockchain.com has secretly submitted an IPO application in the U.S., with its valuation shrinking from a peak of $14 billion in 2022 to around $2 billion. - Original

6. DDC has upped their holdings by 200 BTC, bringing their total stash to 2583 BTC, now ranking among the top 30 public companies.

DDC Enterprise Limited, a publicly listed company on the NYSE, announced an increase of 200 BTC in their holdings, raising their total to 2583 BTC, with an average purchase cost of about $79,500 per coin. This increase did not involve new share issuance, with Bitcoin holdings per 1000 shares rising by 8.4% to 0.0543 BTC. The company disclosed a Bitcoin return of 36.6% year-to-date and currently ranks among the top 30 public companies globally, with plans for further accumulation depending on liquidity and balance sheet conditions. - Original

7. Kraken has received VARA regulatory approval in Dubai.

Kraken has received regulatory approval from the UAE Dubai Virtual Assets Regulatory Authority (VARA). - Original

8. HYPE has broken its all-time high at $59.42, rising over 20% in 24 hours.

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