Global TradFi & Macroeconomics

Opening Eight South Korean asset managers — Samsung Asset Management, Mirae Asset, Korea Investment, KB, Shinhan, Hanwha, Kiwoom, and Hanwha — launched 16 leveraged and inverse exchange-traded funds (ETFs) tracking Samsung Electronics and SK Hynix on

According to Goldman Sachs and Union Press Agency data, 16 leveraged ETFs tracking Samsung Electronics and SK Hynix listed on May 27 accumulated total assets of 5.02 trillion Korean won (approximately $3.36 billion) by May 28. On May 28, KOSPI index fell 0.53% intraday, with Samsung Electronics

According to BlockBeats, PopMart stock surged over 8% today (May 29), following the Hong Kong Stock Exchange disclosure that prominent investor Duan Yongping has accumulated a significant stake in the collectible toy company with a market value exceeding 11.7 billion

According to Guru Club, on May 29, shipping futures on the Europe route main contract surged nearly 5% to breach the 3,500-point mark, marking the highest level since August 2024. Open interest increased by more than 2,600 contracts during the

According to ChainCatcher, Bit Digital CEO Sam Tabar recently purchased additional ETH. Tabar stated he holds ETH due to fiduciary responsibility to make sound capital allocation decisions, noting the asset meets investment standards at his purchase price. He believes the true catalyst for ETH's

According to crypto reporter Eleanor Terrett, U.S. Treasury Secretary Scott Bessent reiterated on May 29 that the Trump administration will not introduce a central bank digital currency (CBDC) during its term. However, the House-passed "21st Century Housing Act" includes a temporary ban on Federal

Super Micro Computer (SMCI) shares confirmed financial data on May 28: Q3 revenue of $10.24 billion; adjusted earnings per share (EPS) of $0.84, about 35% above market expectations. Earnings guidance significantly exceeded expectations, triggering an 18% one-day premarket rally on May 6; thereafter, there was a pullback through May 28. As of the end of May, analysts’ average target price was $35.73 to $37.62. SMCI Q3 2026 Confirmed Financial Results and Guidance Adjustment SMCI Q3 2026 confirmed

According to Shanghai Steelindex, MMLC battery-grade lithium carbonate rose to 176,400 Chinese yuan per ton today, up 600 yuan per ton from yesterday's 4:30 PM closing price.

According to Digital Assets' analysis on May 29, Samsung Electronics' market capitalization reached approximately $1.34 trillion, or 91.1% of Bitcoin's $1.47 trillion valuation. The data, compiled from CoinMetrics, CoinGecko, and the Korea Exchange, marks a sharp convergence between the two

Wix CEO Avishai Abrahami informed employees on May 28 that the company will cut about 20% of staff (about 1,000 positions). This is the largest round of layoffs in Wix’s history. The layoffs were triggered directly by the news on May 13 that its Q1 earnings fell short of expectations. After the news broke, the stock price dropped 1.52% on the 28th to $52.65. Wix Confirmed Q1 Financial Results and the Stock Drop Wix confirmed Q1 financial results: revenue of $541 million (up 14% year over year),

Fidelity’s 2026 trend report says that Iran accepted Bitcoin, dollar-pegged stablecoins, and RMB payments for transit fees through the Strait of Hormuz in April, signaling a major shift toward alternative settlement mechanisms. The report also notes that gold’s share in central bank reserves has surpassed dollar assets, and that Bitcoin’s expected excess returns have not yet been realized; additionally, after the U.S. froze stablecoins, USDT continued to dominate payments.

According to Dallas Federal Reserve data released on May 29, the Trimmed Mean inflation gauge, a metric favored by Federal Reserve Chair Kevin Warsh, fell to 2.3% year-over-year in April, down from 2.4% in March. However, multiple economists and policy officials warned the indicator may

Fidelity Digital Assets released a report on January 28 analyzing Iran's Bitcoin-based Hormuz Safe system as evidence that Bitcoin is entering international settlement and reserve asset discussions. Iran announced on January 18 the introduction of the Hormuz Safe system for managing passage

According to Fidelity Digital Assets, on May 28, Iran has introduced a Bitcoin-based payment system called 'Hormuz Safe' for managing transit fees through the Strait of Hormuz, which handles 20% of global oil shipments. Fees under the system are settled in Bitcoin. In its 2026 Digital Assets

According to Jin10 and CFETS-NEX data, China's FX market sentiment index reached 51 at 10:15 on May 29, up 1 point from 08:45. Among major segments, large banks posted 49, mid-size banks 52, and non-bank institutions 50, each rising 1 point. The index ranges from 0 to 100, with 50 marking neutral co

According to PANews, Intercontinental Exchange (ICE) founder and CEO Jeff Sprecher said on May 29 that he has met with the Hyperliquid team multiple times to discuss overlapping business areas and potential collaboration opportunities. Sprecher highlighted Hyperliquid's weekend oil

Oracle stock rose 3.18% on May 28, closing at $203.89. JPMorgan initiated coverage of Oracle for the first time, assigning a “Buy/Overweight” rating with a $210 target price. Oracle’s $30 billion cloud infrastructure agreement with the U.S. government took effect in early 2026. Oracle’s 2026 Q3 results beat expectations, with remaining performance obligations surging. Three confirmed day-of catalysts JPMorgan’s first-time coverage of Oracle, with a $210 price target, is a new catalyst for the da

According to insiders cited by BlockBeats, SpaceX lowered its IPO valuation target to at least $1.8 trillion on May 29, down from the previously reported $2 trillion. The company adjusted the target after consulting with advisors and investors. SpaceX is set to launch its formal roadshow as early a

According to Jin10, South Korea's government will reduce mandatory private oil reserves from 40 days to 20 days starting May 29, releasing approximately 20 days' worth of supply into the market. The move, announced by Industry Minister Liang Jixiong, aims to fulfill commitments made to the