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According to Fox News: U.S. President Trump stated that he is considering reviving the Freedom Plan.

[Trump Indicates Consideration of Reviving Freedom Plan]According to Fox News: U.S. President Trump stated that he is considering reviving the Freedom Plan.

Trump Indicates Consideration of Reviving Freedom Plan

On May 11, Morgan Stanley strategists stated in a report that if risk appetite improves, the dollar may weaken in the coming months. They noted that positive risk sentiment, bolstered by strong earnings in the U.S. stock market, has room to drive the dollar lower. However, they emphasized that this view is contingent on upcoming U.S. data not being too weak to lead to downward revisions in earnings expectations, nor too strong to spark discussions about Federal Reserve interest rate hikes. Otherwise, the dollar is expected to benefit from the narrowing interest rate differential between the Federal Reserve and the European Central Bank. The DXY dollar index closed flat at 97.903, with Morgan Stanley forecasting the index to reach 95.000.

[Morgan Stanley: Dollar May Weaken in Coming Months if Risk Appetite Improves]On May 11, Morgan Stanley strategists stated in a report that if risk appetite improves, the dollar may weaken in the coming months. They noted that positive risk sentiment, bolstered by strong earnings in the U.S. stock market, has room to drive the dollar lower. However, they emphasized that this view is contingent on upcoming U.S. data not being too weak to lead to downward revisions in earnings expectations, nor too strong to spark discussions about Federal Reserve interest rate hikes. Otherwise, the dollar is expected to benefit from the narrowing interest rate differential between the Federal Reserve and the European Central Bank. The DXY dollar index closed flat at 97.903, with Morgan Stanley forecasting the index to reach 95.000.

Morgan Stanley: Dollar May Weaken in Coming Months if Risk Appetite Improves

On May 11, the Solana core development team Anza announced that a major upgrade to the consensus mechanism named 'Alpenglow' has officially begun running on the community test network, marking the entry of the largest consensus architecture change in Solana's history into the practical testing phase. This upgrade allows validators to test the migration process from the current hybrid mechanism based on Proof-of-History (PoH) and TowerBFT to a new architecture in a real node environment. Developers refer to this transition process as 'Alpenswitch,' which means that validator nodes can smoothly transition to the new consensus system in the testing environment. The existing Solana architecture operates through the PoH timestamp mechanism and TowerBFT voting mechanism, excelling in high throughput and low fees, but has faced congestion and downtime issues during periods of high network load. The core goal of Alpenglow is to restructure the communication and block confirmation logic among validators to significantly enhance network response efficiency and reduce final confirmation times. Developers indicate that this mechanism is expected to shorten transaction final confirmation times from several seconds to near real-time levels. Solana co-founder Anatoly Yakovenko previously stated at Consensus Miami 2026 that if testing progresses smoothly, Alpenglow could potentially launch on the mainnet as early as next quarter. With the launch of the community test network, this upgrade has entered a critical validation phase, and the future performance and stability of the Solana network are now receiving significant market attention.

[Solana Alpenglow Consensus Upgrade Enters Community Testing Phase, Mainnet Launch Possible Next Quarter]On May 11, the Solana core development team Anza announced that a major upgrade to the consensus mechanism named 'Alpenglow' has officially begun running on the community test network, marking the entry of the largest consensus architecture change in Solana's history into the practical testing phase. This upgrade allows validators to test the migration process from the current hybrid mechanism based on Proof-of-History (PoH) and TowerBFT to a new architecture in a real node environment. Developers refer to this transition process as 'Alpenswitch,' which means that validator nodes can smoothly transition to the new consensus system in the testing environment. The existing Solana architecture operates through the PoH timestamp mechanism and TowerBFT voting mechanism, excelling in high throughput and low fees, but has faced congestion and downtime issues during periods of high network load. The core goal of Alpenglow is to restructure the communication and block confirmation logic among validators to significantly enhance network response efficiency and reduce final confirmation times. Developers indicate that this mechanism is expected to shorten transaction final confirmation times from several seconds to near real-time levels. Solana co-founder Anatoly Yakovenko previously stated at Consensus Miami 2026 that if testing progresses smoothly, Alpenglow could potentially launch on the mainnet as early as next quarter. With the launch of the community test network, this upgrade has entered a critical validation phase, and the future performance and stability of the Solana network are now receiving significant market attention.

Solana Alpenglow Consensus Upgrade Enters Community Testing Phase, Mainnet Launch Possible Next Quarter

On May 11, the prediction market platform Polymarket reported that as of May 15, the probability of confirmed Hantavirus cases in the United States has risen to 72%, with trading volume exceeding $300,000. According to market rules, any laboratory-confirmed case of Hantavirus infection within the U.S. will be considered a 'Yes' outcome, regardless of the location of the infection or the onset of symptoms. The market primarily relies on official information from the U.S. CDC and similar sources for settlement, and overwhelming consensus reports from mainstream media can also serve as a reference. Hantavirus is primarily transmitted through rodents, and severe cases can lead to Hantavirus Pulmonary Syndrome (HPS). Current market expectations indicate that traders are betting on the potential announcement of new confirmed cases in the U.S. in the near future.

[Polymarket: Probability of Confirmed Hantavirus Cases in the U.S. Rises to 72% This Week]On May 11, the prediction market platform Polymarket reported that as of May 15, the probability of confirmed Hantavirus cases in the United States has risen to 72%, with trading volume exceeding $300,000. According to market rules, any laboratory-confirmed case of Hantavirus infection within the U.S. will be considered a 'Yes' outcome, regardless of the location of the infection or the onset of symptoms. The market primarily relies on official information from the U.S. CDC and similar sources for settlement, and overwhelming consensus reports from mainstream media can also serve as a reference. Hantavirus is primarily transmitted through rodents, and severe cases can lead to Hantavirus Pulmonary Syndrome (HPS). Current market expectations indicate that traders are betting on the potential announcement of new confirmed cases in the U.S. in the near future.

Polymarket: Probability of Confirmed Hantavirus Cases in the U.S. Rises to 72% This Week

On May 11, IREN announced its intention to issue $2 billion in convertible senior notes due in 2033, with an additional option for initial purchasers to acquire up to $300 million. The notes will be unsecured senior debt, expected to mature in December 2033. Proceeds will be partially used for capped call hedging transactions, with the remainder allocated for general corporate purposes and working capital. Concurrently, IREN plans to unwind certain capped call hedging positions related to its 2029 and 2030 convertible bonds. The company indicated that hedging institutions may engage in derivative and spot trading around IREN's stock, potentially affecting the stock price and the initial conversion price of the new notes. Previously, IREN has become one of the most aggressive players in the U.S. market for expanding AI data centers and Bitcoin mining infrastructure, and this large-scale financing may further enhance its capital expenditure and expansion capabilities.

[IREN Plans to Issue $2 Billion Convertible Senior Notes Due 2033 for Hedging and Business Expansion]On May 11, IREN announced its intention to issue $2 billion in convertible senior notes due in 2033, with an additional option for initial purchasers to acquire up to $300 million. The notes will be unsecured senior debt, expected to mature in December 2033. Proceeds will be partially used for capped call hedging transactions, with the remainder allocated for general corporate purposes and working capital. Concurrently, IREN plans to unwind certain capped call hedging positions related to its 2029 and 2030 convertible bonds. The company indicated that hedging institutions may engage in derivative and spot trading around IREN's stock, potentially affecting the stock price and the initial conversion price of the new notes. Previously, IREN has become one of the most aggressive players in the U.S. market for expanding AI data centers and Bitcoin mining infrastructure, and this large-scale financing may further enhance its capital expenditure and expansion capabilities.

IREN Plans to Issue $2 Billion Convertible Senior Notes Due 2033 for Hedging and Business Expansion

Bitcoin mining and AI computing infrastructure company IREN Limited announced plans to privately issue convertible senior notes due in 2033 under Rule 144A to qualified institutional investors, raising $2 billion, with the possibility of an additional $300 million issuance. According to the terms, IREN can redeem the notes early after June 20230, provided certain stock price conditions are met; in the event of a 'significant change event,' investors can request the company to repurchase the bonds at principal plus accrued interest.

[Bitcoin Mining Company IREN to Issue Convertible Notes to Raise $2 Billion]Bitcoin mining and AI computing infrastructure company IREN Limited announced plans to privately issue convertible senior notes due in 2033 under Rule 144A to qualified institutional investors, raising $2 billion, with the possibility of an additional $300 million issuance. According to the terms, IREN can redeem the notes early after June 20230, provided certain stock price conditions are met; in the event of a 'significant change event,' investors can request the company to repurchase the bonds at principal plus accrued interest.

Bitcoin Mining Company IREN to Issue Convertible Notes to Raise $2 Billion

On the eve of a crucial vote by the Senate Banking Committee on comprehensive cryptocurrency legislation, American Bankers Association (ABA) CEO Rob Nichols issued an urgent letter to bank executives, calling for immediate outreach to senators to pressure for revisions to stablecoin-related provisions. The current draft fails to effectively prevent crypto firms from attracting stablecoin deposits through 'interest-like rewards,' which could lead to a massive shift of bank deposits to stablecoins, threatening economic growth and financial stability. He stated in the letter that this is 'an urgent advocacy battle that requires immediate action.' The Senate Banking Committee is expected to review and vote on the bill this Thursday, with the regulatory boundaries surrounding stablecoin yield mechanisms remaining one of the biggest points of contention.

[ABA Urges Congress to Tighten Stablecoin Yield Restrictions]On the eve of a crucial vote by the Senate Banking Committee on comprehensive cryptocurrency legislation, American Bankers Association (ABA) CEO Rob Nichols issued an urgent letter to bank executives, calling for immediate outreach to senators to pressure for revisions to stablecoin-related provisions. The current draft fails to effectively prevent crypto firms from attracting stablecoin deposits through 'interest-like rewards,' which could lead to a massive shift of bank deposits to stablecoins, threatening economic growth and financial stability. He stated in the letter that this is 'an urgent advocacy battle that requires immediate action.' The Senate Banking Committee is expected to review and vote on the bill this Thursday, with the regulatory boundaries surrounding stablecoin yield mechanisms remaining one of the biggest points of contention.

ABA Urges Congress to Tighten Stablecoin Yield Restrictions

On May 11, CNN reported that Iranian state media stated that Iran is demanding sovereignty over the Strait of Hormuz in response to the United States' proposal to end the war. According to the United Nations Convention on the Law of the Sea, a country has 'sovereign rights' to explore, develop, protect, and manage marine resources within its exclusive economic zone. However, 'all ships of all nations, whether coastal or landlocked, enjoy the right of innocent passage through the territorial sea.' The convention indicates that coastal states should not 'hamper the normal passage of foreign vessels in their territorial sea,' but this is limited to specific and defined circumstances. Coastal states may take necessary measures within their territorial sea to prevent unlawful passage.

[Iran Demands Sovereignty Over Strait of Hormuz, CNN Reports]On May 11, CNN reported that Iranian state media stated that Iran is demanding sovereignty over the Strait of Hormuz in response to the United States' proposal to end the war. According to the United Nations Convention on the Law of the Sea, a country has 'sovereign rights' to explore, develop, protect, and manage marine resources within its exclusive economic zone. However, 'all ships of all nations, whether coastal or landlocked, enjoy the right of innocent passage through the territorial sea.' The convention indicates that coastal states should not 'hamper the normal passage of foreign vessels in their territorial sea,' but this is limited to specific and defined circumstances. Coastal states may take necessary measures within their territorial sea to prevent unlawful passage.

Iran Demands Sovereignty Over Strait of Hormuz, CNN Reports

On May 11, LatePost cited foreign media reports stating that Kuaishou plans to spin off its video generation large model business, Keling AI, and raise $2 billion at an estimated valuation of approximately $20 billion, with Tencent and other institutions participating in the negotiations. The deal has not yet been finalized. According to exclusive reports from LatePost, Keling's current annual recurring revenue (ARR) has reached $500 million, doubling since before the Spring Festival and significantly exceeding Kuaishou's previous expectations. In early 2025, Kuaishou had set an annual revenue target of $60 million for Keling, but the final revenue reached $150 million. Kuaishou has established an independent incentive mechanism and a special option pool for Keling to cope with fierce competition from giants like ByteDance and Alibaba in the video generation sector. Currently, Keling's core team has also become a key target for talent acquisition in the AI video generation field. Keling is now ranked first in iOS drawing and design charts in nearly 40 countries and regions, including Brazil, Russia, and Singapore, and has become one of the highest-grossing graphic design applications in South Korea and Russia.

[Kuaishou Plans to Spin Off Keling AI with $20 Billion Valuation to Raise $2 Billion, Tencent Involved in Negotiations]On May 11, LatePost cited foreign media reports stating that Kuaishou plans to spin off its video generation large model business, Keling AI, and raise $2 billion at an estimated valuation of approximately $20 billion, with Tencent and other institutions participating in the negotiations. The deal has not yet been finalized. According to exclusive reports from LatePost, Keling's current annual recurring revenue (ARR) has reached $500 million, doubling since before the Spring Festival and significantly exceeding Kuaishou's previous expectations. In early 2025, Kuaishou had set an annual revenue target of $60 million for Keling, but the final revenue reached $150 million. Kuaishou has established an independent incentive mechanism and a special option pool for Keling to cope with fierce competition from giants like ByteDance and Alibaba in the video generation sector. Currently, Keling's core team has also become a key target for talent acquisition in the AI video generation field. Keling is now ranked first in iOS drawing and design charts in nearly 40 countries and regions, including Brazil, Russia, and Singapore, and has become one of the highest-grossing graphic design applications in South Korea and Russia.

Kuaishou Plans to Spin Off Keling AI with $20 Billion Valuation to Raise $2 Billion, Tencent Involved in Negotiations

1. Aptos released an overview of Tokenomics, with an initial total supply of 1 billion pieces, and 51.02% of Tokens are allocated to the community. 
2. Huobi Global is scheduled to list APT on October 19, 2022.
3. JP Morgan to tokenize euro deposits soon. Sees NFT opportunity.
4. EU countries must be ready to block crypto mining, commission says.
5. France will explore crypto tax treatment next year.

Detail

【Huobi Global Breaking News】1. Aptos released an overview of Tokenomics, with an initial total supply of 1 billion pieces, and 51.02% of Tokens are allocated to the community. 
2. Huobi Global is scheduled to list APT on October 19, 2022.
3. JP Morgan to tokenize euro deposits soon. Sees NFT opportunity.
4. EU countries must be ready to block crypto mining, commission says.
5. France will explore crypto tax treatment next year.

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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.

Huobi Global Breaking News

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

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