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According to CNN, Iran hopes to have sovereignty over the Strait of Hormuz. Oman also has rights to this waterway.

[CNN: Iran Seeks Sovereignty Over the Strait of Hormuz]According to CNN, Iran hopes to have sovereignty over the Strait of Hormuz. Oman also has rights to this waterway.

CNN: Iran Seeks Sovereignty Over the Strait of Hormuz

On May 11, Monday, the US stock market lacked clear direction overall, but strong corporate earnings reports led Wall Street strategists to continue raising their S&P 500 targets, while the market was still assessing the uncertainty regarding the duration of the Iran conflict. The S&P 500 index opened nearly flat. Strong performance from chip stocks continued to boost the benchmark index, with companies like Intel and Micron Technology standing out. The tech-heavy Nasdaq 100 index rose slightly by 0.2%, while the Dow Jones Industrial Average fell by 0.1%. "The market still believes a ceasefire agreement will be reached," said Tom Essaye, founder of Sevens Report, noting that this was the reason for the lack of a larger sell-off in the stock market after Trump called Iran's response to his proposal to end the war "completely unacceptable."

[Trump Criticizes Iran's Response to Peace Plan as 'Unacceptable'; US Stock Market Stalls]On May 11, Monday, the US stock market lacked clear direction overall, but strong corporate earnings reports led Wall Street strategists to continue raising their S&P 500 targets, while the market was still assessing the uncertainty regarding the duration of the Iran conflict. The S&P 500 index opened nearly flat. Strong performance from chip stocks continued to boost the benchmark index, with companies like Intel and Micron Technology standing out. The tech-heavy Nasdaq 100 index rose slightly by 0.2%, while the Dow Jones Industrial Average fell by 0.1%. "The market still believes a ceasefire agreement will be reached," said Tom Essaye, founder of Sevens Report, noting that this was the reason for the lack of a larger sell-off in the stock market after Trump called Iran's response to his proposal to end the war "completely unacceptable."

Trump Criticizes Iran's Response to Peace Plan as 'Unacceptable'; US Stock Market Stalls

On May 11, Andreessen Horowitz (a16z) announced a $75 million investment in ARC tokens for Circle Internet Group's new blockchain project, Arc. a16z stated that stablecoins are gradually becoming a vital infrastructure of the global financial system, with an annual transaction volume of $9 trillion by 2025, placing them on par with Visa and PayPal. Currently, the supply of USD stablecoins has exceeded $270 billion. a16z noted that Arc is designed as a 'new economic operating system' for institutions, supporting sub-second settlements, configurable privacy, institutional-grade validation nodes, and USDC-based cross-chain settlements. Arc will natively integrate Circle's CCTP and plans to collaborate with over 200 partners, including Goldman Sachs, Visa, and Mastercard, to build its ecosystem. a16z believes that as the global financial system gradually moves on-chain, a few blockchain networks will emerge as the foundational infrastructure of the new financial system, with Arc expected to be one of them.

[a16z Invests $75 Million in ARC Tokens, Stablecoins on Par with Visa and PayPal]On May 11, Andreessen Horowitz (a16z) announced a $75 million investment in ARC tokens for Circle Internet Group's new blockchain project, Arc. a16z stated that stablecoins are gradually becoming a vital infrastructure of the global financial system, with an annual transaction volume of $9 trillion by 2025, placing them on par with Visa and PayPal. Currently, the supply of USD stablecoins has exceeded $270 billion. a16z noted that Arc is designed as a 'new economic operating system' for institutions, supporting sub-second settlements, configurable privacy, institutional-grade validation nodes, and USDC-based cross-chain settlements. Arc will natively integrate Circle's CCTP and plans to collaborate with over 200 partners, including Goldman Sachs, Visa, and Mastercard, to build its ecosystem. a16z believes that as the global financial system gradually moves on-chain, a few blockchain networks will emerge as the foundational infrastructure of the new financial system, with Arc expected to be one of them.

a16z Invests $75 Million in ARC Tokens, Stablecoins on Par with Visa and PayPal

On May 11, Nvidia's stock price increased by 2%, reaching $219.49 per share, setting a new record high, with a total market capitalization of $5.33 trillion.

[Nvidia's Stock Price Rises 2%, Reaches Record High]On May 11, Nvidia's stock price increased by 2%, reaching $219.49 per share, setting a new record high, with a total market capitalization of $5.33 trillion.

Nvidia's Stock Price Rises 2%, Reaches Record High

On May 11, Micron Technology (MU.O) rose over 7%, setting a new historical high with a total market capitalization exceeding $900 billion. Qualcomm (QCOM.O) also reached a new historical high, currently up 12.6%.

[Micron Technology and Qualcomm Stocks Reach New Historical Highs]On May 11, Micron Technology (MU.O) rose over 7%, setting a new historical high with a total market capitalization exceeding $900 billion. Qualcomm (QCOM.O) also reached a new historical high, currently up 12.6%.

Micron Technology and Qualcomm Stocks Reach New Historical Highs

On May 11, the WSJ reported, citing data from ship tracking company Kpler, that three tankers left the Strait of Hormuz on Sunday, ending a three-day period during which no vessels had departed this strategic waterway. Kpler noted that one of the tankers, named 'Stella,' appeared to be empty of oil. The other two vessels—'Kiara M' and 'Agios Fanourios I'—seemed to have loaded crude oil at the Iraqi port of Al Basrah and are currently heading towards Asia. Notably, 'Kiara M' turned off its transponder during the voyage, while 'Agios Fanourios I,' operated by the Greek shipping company Eastern Mediterranean Maritime, reportedly turned back towards the Persian Gulf before making another turn towards the Gulf of Oman. Iranian state television reported on Monday that only one tanker had passed through the Strait of Hormuz the day before after receiving approval from the Iranian Navy and was heading to Vietnam, although the media did not disclose the name of the tanker.

[WSJ: Three Tankers Departed the Strait of Hormuz on Sunday After Three Days of No Traffic]On May 11, the WSJ reported, citing data from ship tracking company Kpler, that three tankers left the Strait of Hormuz on Sunday, ending a three-day period during which no vessels had departed this strategic waterway. Kpler noted that one of the tankers, named 'Stella,' appeared to be empty of oil. The other two vessels—'Kiara M' and 'Agios Fanourios I'—seemed to have loaded crude oil at the Iraqi port of Al Basrah and are currently heading towards Asia. Notably, 'Kiara M' turned off its transponder during the voyage, while 'Agios Fanourios I,' operated by the Greek shipping company Eastern Mediterranean Maritime, reportedly turned back towards the Persian Gulf before making another turn towards the Gulf of Oman. Iranian state television reported on Monday that only one tanker had passed through the Strait of Hormuz the day before after receiving approval from the Iranian Navy and was heading to Vietnam, although the media did not disclose the name of the tanker.

WSJ: Three Tankers Departed the Strait of Hormuz on Sunday After Three Days of No Traffic

The Nasdaq fell 0.42% in early trading, the S&P 500 dropped 0.17%, while the Dow Jones increased by 0.03%. Some tech stocks continued to rise, with Micron Technology up over 6%, Intel up over 4%, and Qualcomm rising over 6%, reaching new historical highs. Stablecoin issuer Circle rose over 1%, with Q1 revenue increasing by 20% year-on-year to $694 million.

[US Stock Indices Mixed, Qualcomm Rises Over 6%]The Nasdaq fell 0.42% in early trading, the S&P 500 dropped 0.17%, while the Dow Jones increased by 0.03%. Some tech stocks continued to rise, with Micron Technology up over 6%, Intel up over 4%, and Qualcomm rising over 6%, reaching new historical highs. Stablecoin issuer Circle rose over 1%, with Q1 revenue increasing by 20% year-on-year to $694 million.

US Stock Indices Mixed, Qualcomm Rises Over 6%

Spot gold continues to rise, reaching $4,730 per ounce, with an intraday increase of 0.3%.

[Spot Gold Reaches $4,730 per Ounce]Spot gold continues to rise, reaching $4,730 per ounce, with an intraday increase of 0.3%.

Spot Gold Reaches $4,730 per Ounce

On May 11, market news reports that the suspect in the attempted assassination of U.S. President Trump has pleaded not guilty to all charges.

[Market News: Suspect in Trump Assassination Attempt Pleads Not Guilty to All Charges]On May 11, market news reports that the suspect in the attempted assassination of U.S. President Trump has pleaded not guilty to all charges.

Market News: Suspect in Trump Assassination Attempt Pleads Not Guilty to All Charges

zkSync, the Ethereum Layer 2 scaling solution, tweeted that 66 days until zkSync 2.0 on mainnet. The Dynamic Fees Milestone will be introduced with a regenesis on August 30, 2022. Regenesis will reset transaction history, token balances, and require developers to redeploy contracts. This only applies to zkSync 2.0 testnet and will not affect zkSync 1.0.

Detail

【zkSync 2.0 testnet to introduced with a regenesis the Dynamic Fees on August 30】zkSync, the Ethereum Layer 2 scaling solution, tweeted that 66 days until zkSync 2.0 on mainnet. The Dynamic Fees Milestone will be introduced with a regenesis on August 30, 2022. Regenesis will reset transaction history, token balances, and require developers to redeploy contracts. This only applies to zkSync 2.0 testnet and will not affect zkSync 1.0.

zkSync 2.0 testnet to introduced with a regenesis the Dynamic Fees on August 30

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Article

bill soared to 0.152352 USDT, a new high with a 24-hour increase of 15.38%. It currently trades at 0.124168 USDT on HTX.

zkSync 2.0 testnet to introduced with a regenesis the Dynamic Fees on August 30

Disclaimer：The content above does not represent HTX's positions.，HTX does not provide any trading recommendations.。

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