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U.S. Stocks End Three-Session Losing Streak; Dell Surges More Than 15% on Better-Than-Expected Earnings, While Treasury Yields Nearing 5% Raise Concerns About a Global Pullback
U.S. stocks closed higher on Wednesday, with technology shares strengthening, Dell surging, and oil prices stabilizing. U.S. Treasury yields approached 5%, and global stock markets may face a 5%-8% correction. Trump said the strikes on Iran would end soon and that the Strait of Hormuz would be renamed the Trump Strait. The former British prime minister warned that failure to control debt would force emergency spending cuts. The Beige Book said the U.S. economy grew moderately, with AI and data centers serving as key supports. Tron’s USDT supply surpassed Ethereum’s for the first time. Broadcom’s Q3 results exceeded expectations, and its AI revenue guidance was raised. Robinhood Chain generated $3.75 million in daily fees, exceeding the combined total of Solana, ETH, and Base.
SPYX+0.42%
NAS100+0.61%
NVDA+0.22%
META-3.36%
DELL+6.62%
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Reform UK leader Farage says he did not need to declare a $6.7 million personal gift from a Tether billionaire
ME News reports that Reform UK leader Nigel Farage said he received a $6.7 million personal gift from Tether shareholder Harborne, which he said did not need to be declared and had been reviewed for legal issues. The gift was used for personal security and occurred before he decided to run for office. Harborne also donated £12 million to Reform UK, £9 million of which was the largest single individual political donation in the UK. The government reportedly halted cryptocurrency political donations based on the Rycroft report, citing concerns about the flow of foreign funds; the donation was not made in cryptocurrency.
USDT0.00%
"Will the U.S. launch strikes against Iran before February 22, 2026?" Multiple addresses placed concentrated bets, with the cumulative amount exceeding $1000k
ME News, May 7 — Prediction market data shows that within 24 hours, multiple addresses participated heavily in the event “Will the US launch an attack on Iran before February 22, 2026?” and selected the outcome “Will the US launch an attack on Iran before February 22, 2026?”, with a cumulative bet amount of approximately $2098.5k, indicating that the outcome attracted significant financial attention in a short period.
OpenAI’s Exclusive Partnership with Microsoft Ends, GPT-5.5 Quickly Launches on AWS Bedrock
AIMPACT News, May 7 (UTC+8) — Less than 24 hours after Microsoft and OpenAI’s exclusive partnership agreement officially ended, OpenAI launched the GPT-5.5 model on the AWS Bedrock platform. This marks the end of the two companies’ years-long exclusive partnership, with OpenAI officially expanding its multi-platform distribution channels. As Amazon’s cloud AI service platform, AWS Bedrock is introducing OpenAI’s latest model for the first time, giving developers more options while also strengthening AWS’s competitiveness in the generative AI sector.
MSFT+3.77%
AMZN+0.47%
Several companies complete cross-border settlement tests using the XRP Ledger
ME News, May 7 (UTC+8) — Ondo Finance, Kinexys, developed by JPMorgan, Mastercard, and Ripple conducted a pilot project that successfully connected the XRP Ledger with an interbank settlement system for tokenized U.S. Treasury securities. The transaction enabled near-real-time cross-border and cross-bank settlement outside traditional banking hours, marking an important step toward 24/7 global markets. (Source: MLion)
XRP+0.77%
ONDO+2.38%
JPMON+1.43%
JPM+1.09%
MAON+1.09%
“Will the United States launch strikes against Iran before February 22, 2026?” Multiple addresses are placing concentrated bets, with the cumulative amount exceeding $1000k
ME News, May 7: Prediction market data shows that within 24 hours, multiple addresses participated heavily in the event “Will the United States launch an attack on Iran before February 22, 2026?” and selected the outcome “Will the United States launch an attack on Iran before February 22, 2026?”, with a cumulative bet amount of approximately $2098.5k, indicating that this outcome attracted significant capital attention within a short period.
ME+0.13%
Glassnode: BTC Breaks Through Key Cost Basis Zone, $85,000 Becomes the Next Key Resistance Level
Glassnode noted that Bitcoin has broken through the $78k/$79k range. If it holds steady over the next week, this could become the shortest deep value phase since 2026, with $85.2k as a key resistance level. The 30-day net realized profit and loss has turned positive, and long-term holder profits are approximately $180 million per day, though still below the peak. Losses stand at approximately $479 million and need to fall below $200 million to signal a recovery in demand. ETF net inflows have recovered, but short-side pressure remains. There is approximately $2 billion in Short Gamma around $82k, and without support from spot buying, $85k could face selling pressure.
BTC-0.92%
An Unusual $920 Million Short Position Emerged in the Oil Market 70 Minutes Before a Report Said the U.S. and Iran Were Close to Reaching Consensus
ME News reported that on May 7 (UTC+8), approximately $920 million worth of crude oil short positions were established about 70 minutes before reports emerged that the United States and Iran were close to reaching an agreement on a “14-point” deal to end the war. At 3:40 a.m. U.S. Eastern Time today (3:40 p.m. Beijing time), the market established nearly 10,000 crude oil short contracts without any major news. Based on notional value, the transaction was worth approximately $920 million, an exceptionally large trade for the 3:40 a.m. time slot. Seventy minutes later, at 4:50 a.m. U.S. Eastern Time (4:50 p.m. Beijing time), Axios reported that the United States was “close” to reaching a “memorandum of understanding” to end the war with Iran. By 7:00 a.m. U.S. Eastern Time (7:00 p.m. Beijing time), oil prices had fallen by more than 12%, and the aforementioned crude oil
Bill Gates: AI is now powerful enough to cause “1 billion deaths”
Microsoft co-founder Bill Gates warned that AI is now powerful enough to help cause a significant proportion of human deaths, potentially resulting in the deaths of around one billion people. He called for attention to the existential risks posed by AI and joined a growing number of technology leaders in warning about this potential threat.
On-chain application Jumper announces the sale date for its JUMP token
Jumper announced that the JUMP token will launch its first independent fundraising round, with no equity involved, on Legion from 2026-09-29 to 2026-10-02. Eligible participants can review the terms and apply for an allocation, but an allocation is not guaranteed. Final allocations will depend on eligibility, demand, and the process; if oversubscribed, the scope may be expanded. Legion excludes multiple jurisdictions, and there are relatively few eligible users from EU member states. Jumper provides a single interface for cross-chain transfers, swaps, yield, and perpetual contracts, and displays assets including tokenized stocks. Its bridging transaction volume ranks among the highest, with 100,000+ monthly active users. Its CEO is Marko Jurina.
LEGION+97.48%
RWA-1.31%
Ondo Finance Completes First Cross-Border, Cross-Bank Exchange of Tokenized U.S. Treasuries with JPMorgan, Mastercard, and Ripple
Ondo Finance, J.P. Morgan’s Kinexys, Mastercard, and Ripple completed the first near-real-time cross-border exchange of tokenized U.S. Treasuries. Ripple redeemed OUSG on the XRP Ledger, after which Ondo processed the transaction and issued a fiat instruction through the Mastercard Multi-Token Network. Kinexys settled the transaction and sent the U.S. dollars to Ripple’s account through the correspondent banking network. The pilot demonstrated that public blockchains and interbank settlement systems can work together, providing a framework for 24/7 real-time cross-border settlement of tokenized assets worldwide.
ONDO+2.38%
JPM+1.09%
MA+0.87%
XRP+0.77%
Fed’s Goolsbee: Don’t Rush to Cut Rates Because of Surging Productivity Growth
Chicago Fed President Goolsbee warned against automatically cutting interest rates simply because productivity is accelerating. If the productivity growth is unexpected, inflation could be subdued, allowing for rate cuts; if it reflects expectations of sustained future growth, however, combined with investment and spending, it could drive inflation higher and require higher interest rates. He also emphasized the need to be alert to the impact of growth expectations on consumption and investment: the more aggressively they are hyped, the greater the need to raise rates to prevent overheating. Source: Jin10.
U.S. Court Rejects Anthropic’s Request for a Stay, Dealing a Courtroom Setback to “Supply Chain Risk” Case
The U.S. Court of Appeals for the District of Columbia Circuit denied Anthropic’s motion to stay enforcement. The case concerns the Trump administration and the Department of Defense designating Anthropic as a national security supply chain risk and restricting the federal government and contractors from using its products. The court stated that Anthropic had not yet met the stringent requirements for a stay, but did not issue a final ruling on the merits.
Circle Foundation Explores Stablecoin Payments for Humanitarian Aid, Provides Funding to the United Nations Development Programme and World Food Programme
The Circle Foundation announced funding for one digital payments project each at UNDP and WFP to explore the use of regulated stablecoins in aid delivery. For UNDP, it will establish a digital asset innovation pool to expand pilot programs and provide regulatory and beneficiary protections as a complement to existing systems. For WFP, it will improve governance, risk management, reconciliation, and compliance tools; integrate local fintech and mobile payments; pilot two to three payment channels over the next three years; and evaluate the efficiency and resilience of stablecoins.
CRCL-4.70%
Uniswap Processed 140 Million Transactions in August, Exceeding the Combined Total of Two Exchanges
ARK analyst Valente stated that Uniswap processed approximately 140 million trades in August, surpassing the combined total of Cboe BZX and NYSE American for the month. NYSE Arca processed approximately 232 million trades in August, so Uniswap still has more catching up to do. Five years ago, Uniswap processed approximately 2 million trades per month. It launched in 2018.
UNI+2.66%
CBOE-3.82%
BTC breaks above $84,000, up 0.5% in 24H, currently priced at $84,013
ME News, September 25 (UTC+8) — According to CoinMarketCap market data, BTC has surpassed $84,000 and is currently trading at $84,013, up 0.5% over the past 24 hours. (Source: CoinMarketCap)
BTC-0.92%
Institution: Record Diesel Price Surge Poses Greater Inflation Challenge for the Federal Reserve
Apollo Global Management Chief Economist Torsten Slok warned that rising diesel prices could create greater inflationary pressure than the Federal Reserve expects, with fuel costs feeding into core CPI. Diesel transportation costs are crucial to economic activity, and demand is highly inelastic, meaning price increases will be passed on to businesses and consumers. Despite interest rate hikes since 2023, inflation remains above 2%. He believes the rise in diesel prices is not a temporary phenomenon and will affect core CPI through spillover effects.
Reform UK leader Farage says he did not need to declare a $6.7 million personal gift from a Tether billionaire
ME News reports that Reform UK leader Nigel Farage said he received a $6.7 million personal gift from Tether shareholder Harborne, which he said did not need to be declared and had been legally reviewed. The gift was used for personal security and was made before he decided to stand for election. Harborne also donated £12 million to Reform UK, £9 million of which was the largest single individual political donation in the UK. According to the Rycroft report, the government had previously halted cryptocurrency political donations over concerns about the flow of foreign funds; the donation was not made in cryptocurrency.
The WorldLibertyFi proposal to unlock 62.2 billion WLFI tokens has passed overwhelmingly.
On May 7, WorldLibertyFi’s governance proposal passed by an overwhelming majority, involving 62,282,252,205 locked WLFI tokens. If approved, the relevant tokens will not enter the market for at least two years. Up to 45.2 billion tokens held by the founding team, advisors, and partners will be converted to a two-year lockup followed by three years of linear unlocking, with approximately 450 million additional tokens burned. Approximately 17 billion tokens held by early supporters will be converted to a two-year lockup followed by two years of linear unlocking. The voting period is seven days, with a quorum of 1 billion WLFI.
WLFI+1.17%
Institute of International Finance Report: Global Debt Rises to an All-Time High of Nearly $353 Trillion
ME News, May 7 (UTC+8) — The Global Debt Monitor report released today by the Institute of International Finance (IIF) shows that global debt increased by more than $4.4 trillion in the first quarter, rising to a record high of nearly $353 trillion, while the debt-to-GDP ratio remained at approximately 305%, staying broadly stable overall. (Source: PANews)
Fed Chair Warsh’s Framework Begins to Emerge: Policy Logic Similar to Greenspan’s, Abandoning the Neutral Interest Rate
ME News reported on September 25 that Fed Chair Warsh was counting his tenure by the day, with the contours of an institutional overhaul already emerging on his 127th day in office. He quickly shortened the post-meeting press conferences and reordered the question queue alphabetically by the English names of news organizations. Analysts believe these seemingly superficial adjustments actually reflect a complete break in his thinking on monetary policy and his approach to communication. At his September 16 press conference, he directly rejected the neutral-rate analytical framework, saying it was useful only academically and provided no guidance whatsoever for rate-hike decisions.