MeNews

ME News reports that gold may emerge from the shadow of its worst quarter in a decade amid the tug-of-war between persistent deficits and a short-term correction, with a target price of $5,400 per ounce set for the next 12 months. Rising global debt, a weakening U.S. dollar, and U.S. government debt surpassing $40 trillion have once again increased gold’s appeal. The U.S. Treasury has expanded buybacks of long-term government bonds to ease market pressure, causing yields to fall and weighing on the dollar, thereby boosting gold prices. However, analysts warn that macroeconomic headwinds and correction risks remain in the short term.

TD Securities strategists expect Fed Chair Wosh to offer additional guidance at the Jackson Hole symposium, giving investors some relief; if he continues to avoid forward guidance, the market will be disappointed. Analysts said the market will focus on clues about his reaction function and a reaffirmation of his ability to combat inflation. Wosh’s remarks are expected to be evolutionary rather than revolutionary.

ME News reported on May 2 that prediction market data showed multiple addresses collectively participating in the event “Celtics vs. Lakers” within 24 hours and selecting the outcome “Celtics—Celtics vs. Lakers,” with a cumulative bet amount of approximately $1448.0k, indicating that the outcome attracted significant financial attention in a short period.

SK hynix announced a KRW 40 trillion buyback and cancellation of its own shares. Korean investors made large purchases of its Nasdaq ADRs, causing the ADRs to trade at a significant premium to the local shares. This stems from differences in liquidity and an imbalance between supply and demand, rather than differences in the company’s value. However, because share conversion is restricted, arbitrage is difficult to execute, and the price gap may persist over the long term. If two-way conversion were freely permitted, arbitrage could narrow the gap.

ME News reported on May 2 (UTC+8) that Pakistani officials said Iran’s latest negotiation proposal had been conveyed to U.S. officials. The specific contents of the new proposal have not yet been disclosed. It is understood that Iran conveyed the latest negotiation proposal to the United States through Pakistan on April 30. U.S. officials said today that the U.S. Navy’s largest aircraft carrier, the "Ford," had left the Middle East. Following the "Ford’s" departure, the number of U.S. carrier strike groups deployed in the Middle East has been reduced to two: the "Lincoln" and the "Bush." (Source: PANews)

ME News reports that the Federal Reserve kept interest rates unchanged at 3.50%-3.75%, maintaining its wait-and-see approach. The key point is that the Fed is no longer turning a blind eye to energy-driven inflation, in contrast to its stance on tariff-driven inflation. The White House’s plan to push for rate cuts has suffered a setback, and Powell will continue serving as a governor. If rates are cut while inflation is accelerating, it would be due to weakness in the labor market, not political pressure.

ME News, May 2 (UTC+8) — U.S. President Trump said that Iran has made “significant progress” toward reaching an agreement, but he was unsure “whether they will ultimately be able to reach a deal.” Regarding the possibility of holding a new round of in-person talks in Pakistan, Trump said that the United States “has great respect” for Pakistan and its leaders, but that “the travel is very long.” He said that all negotiations are currently being conducted by phone. (Source: ODAILY)

ME News reported on May 2 (UTC+8), according to Degen News, that the X account of Hyperliquid early contributor and HYPE whale Loracle has allegedly been suspended or deleted. Search results currently show “This account doesn’t exist.” (Source: PANews)

ME News reported that the U.S. Treasury secretary used the metaphor “rats in a sewer have little knowledge of the outside world” to lay out five realities for Iran’s leadership: 1) The United States has taken full control of the Strait of Hormuz; 2) There is a shortage of hard-currency dollars; 3) Food and gasoline are being rationed; 4) The international community is broadly opposed; 5) Sanctions will continue until freedom of navigation is restored to the level before February 27.

The second World Humanoid Robot Games opened at the National Speed Skating Oval, with 666 teams and 2,056 robots competing—up 138% and sixteenfold, respectively, from the inaugural event. Tiangong Ultra completed the 100-meter dash in 9.39 seconds, breaking Usain Bolt’s 9.58-second human world record; Honor’s “Lightning” completed the 400 meters in 41.95 seconds, also setting a human record. This year’s event expanded to 51 categories, with manual remote control eliminated in multiple competitions and all events conducted fully autonomously.

ME News reports that several digital banks in Hong Kong are gradually moving beyond their early stage of cash-burning expansion. Losses continued to narrow in 2025, while revenue growth accelerated, shifting the focus of competition from customer acquisition to profitability. WeLab Bank’s after-tax loss fell to HK$59.75 million in 2025, while its adjusted loss declined from HK$238.00 million in 2024 to HK$47.059 million. Ping An Digital Bank’s after-tax loss narrowed to HK$274 million, net interest income increased 62% year over year to HK$224 million, and total assets rose 135% year over year to HK$12.38 billion. Deposits exceeded HK$12.5 billion at the end of March 2025.

ME News, August 22 (UTC+8) — Prediction market data shows that “LoL: Dplus KIA vs. Gen.G (BO3) - LCK Rounds 3-4 Legend Group” reached a 24-hour trading volume of $2.0M, with market participation increasing significantly.

Unipcs pointed out that the scale of the on-chain market in this cycle may be severely underestimated. Robinhood, BNB Chain, Base, Solana, and others are competing aggressively for retail users, liquidity, users, and attention. Each ecosystem aims to become the dominant chain in this cycle and is investing resources to drive growth. Competition and activity in the on-chain market are expected to intensify further.

ME News reports that the CEO of Fairmint warned that tokenized stocks could repeat Wall Street’s paper crisis of the 1960s due to the diversification of exchanges, SPVs, and blockchain ledgers, resulting in fragmented ownership records. Although tokens are not equity, they still need the protections of the securities system; some products provide only economic exposure, leaving rights such as voting and dividends uncertain. As RWAs move on-chain, tokenized stocks are growing rapidly, reaching approximately $2 billion globally—far below traditional markets and still in an early stage.

ME News, August 22 (UTC+8) — Prediction market data shows that the “Counter-Strike: Legacy vs. Falcons (BO3) — Esports World Cup Playoffs” market reached a 24-hour trading volume of $2.2M, with market participation increasing significantly.

ME News reported that Trump said tariffs on automobile and truck imports from the EU would be raised to 25% next week because the EU had failed to comply with their trade agreement. Imports would be exempt from tariffs if the EU manufactures the vehicles at factories in the United States. Several automobile and truck factories are currently under construction, with investments exceeding $100 billion, a record high. They are expected to create jobs for American workers and begin production soon.

ME News reported that on May 2 (UTC+8), in the “Printr Public Sale Total Commitments?” event, the prediction “Over $8 million committed to the Printr public sale?” showed the trading probability of the “Yes” option plunging from 76.6% to 0.2%, a single-day drop of 76.3 percentage points.

ME News, May 2 (UTC+8) — Prediction market data shows that in the “Printr public sale total commitments?” event, the probability of the “Yes” option for “More than $6 million committed to participate in the Printr public sale?” plunged from 38.3% to 2.1%, down 36.2 percentage points in a single day.