Crypto News & Market Updates

According to BlockBeats, on May 28, according to Iranian media Fars News, at around 1:30 a.m. local time (5 a.m. Beijing time), local residents reported explosions coming from Bandar Abbas in southern Iran. Sources in Bandar Abbas said they heard three or four explosions in the distance, which sounded the same way as the explosions they had occurred a few days earlier. It is reported that the local air defense system activated for several minutes.

According to Bijie.com, Doug Bando, senior fellow at the conservative American think tank Cato Institute, stated that with the US and Iran implementing a double blockade in the Strait of Hormuz, the main confrontation between the two sides has shifted to the economic front. He pointed out that Trump is in a very difficult position, and closing the Strait of Hormuz inadvertently gave Iran a powerful weapon, while he himself was unwilling to risk sending U.S. warships to try to open it. Bando questioned Trump's claim that he doesn't care about the war's impact on the upcoming midterm elections, believing the last thing he wants is a Republican defeat in November.

Odaily Planet Daily reports that BitcoinTreasuries.NET posted on X that Michael Saylor of Strategy stated that STRC's annualized operating rate has reached $24 billion, and will buy Bitcoin that alone is 2 to 3 times the miner output. Strategy has purchased $11 billion worth of BTC so far this year, buying at twice the output rate of miners.

According to Bijie.com, the head of Iran's National Security Committee stated that Iran will not back down in response to U.S. President Trump's remarks and will "uphold red lines" in negotiations with the U.S., including uranium enrichment capacity and stockpiles, control over the Strait of Hormuz, and the lifting of sanctions. Earlier, Trump expressed dissatisfaction with the progress of U.S.-Iran negotiations at a cabinet meeting, stating he did not accept the new management mechanism for the Strait of Hormuz currently under negotiations between Iran and Oman, did not consider easing sanctions on Iran for now, and did not accept reaching an agreement before further nuclear negotiations.

According to Catcher Predict monitoring, in the "Counter-Strike: 9z vs Sharks (BO3) - Stake Ranked Episode 2 Playoffs" event on Polymarket, the odd option win rate for the submarket "Odd/Even Total Kills" experienced a sharp fluctuation, rising from 50% one hour ago to 90% now (a 40% fluctuation). Please be aware of the impact of related breaking news.

Odaily Planet Daily reports that ElevenLabs, a voice AI company founded in Poland, has released Music v2. This model can switch genres within the same track, generate songs based on intro, verse, chorus, and other segments, and support partial redrawing of specific segments. Music v2 is now available on ElevenMusic and ElevenCreative, with access to ElevenAPI currently available through early access through the sales team. Stability AI released Stable Audio 3.0, which includes four models: Small SFX, Small, Medium, and Large, with three variants open weighted on Hugging Face. This series is trained on authorized data; Medium supports generating tracks up to 6 minutes and 20 seconds long, while Large is available only through the Stability AI API. ElevenLabs has reached licensing agreements with Believe, Kobalt, and Merlin, and Stability AI has established partnerships with Warner Music Group and Universal Music Group. Suno is projected to be valued at $2.45 billion in November 2025, with annual recurring revenue exceeding $300 million, about 100 million users, and an average daily generation of around 7 million songs.

According to Bijie.com, Trump warned Gulf ally Oman at a White House cabinet meeting that if they "break the rules," they will be "blown up." He stated that the Strait of Hormuz is international waters and should be open to everyone, with no one under their jurisdiction. Trump emphasized that the U.S. side will maintain order in the strait, but "no one will control it," which is also part of negotiations with Iran. He pointed out that Oman will follow the rules like other countries, saying, "If they don't follow the rules, we'll have no choice but to blow them up."

According to ChainCatcher and Jin Shi, Federal Reserve Governor Tim Cook stated that the labor market is "basically stable," but downside risks are increasing.

According to ChainCatcher and Jin Shi, Federal Reserve Governor Tim Cook stated that if the labor market deteriorates, the Fed will be prepared to cut interest rates.