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On May 11, President Trump announced that the gas tax will be temporarily suspended.

[Trump: Gas Tax to Be Temporarily Suspended]On May 11, President Trump announced that the gas tax will be temporarily suspended.

Trump: Gas Tax to Be Temporarily Suspended

On May 11, sources indicated that NVIDIA CEO Jensen Huang was not invited and will not accompany former President Trump to Beijing during his visit to China.

[NVIDIA CEO Not Invited and Will Not Accompany Trump on China Visit]On May 11, sources indicated that NVIDIA CEO Jensen Huang was not invited and will not accompany former President Trump to Beijing during his visit to China.

NVIDIA CEO Not Invited and Will Not Accompany Trump on China Visit

On May 11, Fox News reported that Trump stated he is considering restarting 'PROJECT FREEDOM,' a plan to guide ships through the Strait of Hormuz that was introduced during the Iran crisis in 2026.

[Trump Considers Restarting Plan to Guide Ships Through Strait of Hormuz]On May 11, Fox News reported that Trump stated he is considering restarting 'PROJECT FREEDOM,' a plan to guide ships through the Strait of Hormuz that was introduced during the Iran crisis in 2026.

Trump Considers Restarting Plan to Guide Ships Through Strait of Hormuz

On May 11, according to Fox News, Trump stated that Iranian negotiators informed him that the U.S. must independently go to the destroyed nuclear facilities in Iran to retrieve nuclear materials, as Iran lacks the necessary technology to carry out this task.

[Iranian Negotiators: U.S. Must Retrieve Nuclear Materials Due to Lack of Iranian Technology]On May 11, according to Fox News, Trump stated that Iranian negotiators informed him that the U.S. must independently go to the destroyed nuclear facilities in Iran to retrieve nuclear materials, as Iran lacks the necessary technology to carry out this task.

Iranian Negotiators: U.S. Must Retrieve Nuclear Materials Due to Lack of Iranian Technology

On May 11, two regional diplomats revealed that Iran is demanding war reparations, which has frustrated Trump. They stated that Trump opposes the inclusion of the term 'compensation' in any proposals, as it could imply U.S. acknowledgment of defeat. Due to the sensitive nature of the negotiations, the diplomats spoke on condition of anonymity. They mentioned that Pakistan is trying to facilitate an agreement between the U.S. and Iran to end the war and maintain dialogue on unresolved issues. One diplomat noted that the Pakistani leadership, including Prime Minister Shehbaz Sharif, Foreign Minister Ishaq Dar, and Army Chief Asim Munir, has been in contact with both parties and regional governments to help maintain the ceasefire, end the conflict, and ensure face-to-face talks take place next week.

[Trump Opposes Iran's Mention of 'Compensation' in Negotiations, Iran Seeks Face-to-Face Talks Next Week]On May 11, two regional diplomats revealed that Iran is demanding war reparations, which has frustrated Trump. They stated that Trump opposes the inclusion of the term 'compensation' in any proposals, as it could imply U.S. acknowledgment of defeat. Due to the sensitive nature of the negotiations, the diplomats spoke on condition of anonymity. They mentioned that Pakistan is trying to facilitate an agreement between the U.S. and Iran to end the war and maintain dialogue on unresolved issues. One diplomat noted that the Pakistani leadership, including Prime Minister Shehbaz Sharif, Foreign Minister Ishaq Dar, and Army Chief Asim Munir, has been in contact with both parties and regional governments to help maintain the ceasefire, end the conflict, and ensure face-to-face talks take place next week.

Trump Opposes Iran's Mention of 'Compensation' in Negotiations, Iran Seeks Face-to-Face Talks Next Week

On May 11, U.S. President Trump stated that hardline leaders in Iran would compromise. When asked about the possibility of regime change, President Trump indicated that he was prepared to engage with the current government as long as they were 'willing to reach an agreement.' He emphasized that negotiations with Iran would continue until an agreement is achieved.

[Trump: Negotiations with Iran Until Agreement is Reached]On May 11, U.S. President Trump stated that hardline leaders in Iran would compromise. When asked about the possibility of regime change, President Trump indicated that he was prepared to engage with the current government as long as they were 'willing to reach an agreement.' He emphasized that negotiations with Iran would continue until an agreement is achieved.

Trump: Negotiations with Iran Until Agreement is Reached

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

The Ministry of Digital Transformation in Ukraine tweeted: "Ukraine has legalized the crypto sector. President of Ukraine Volodymyr Zelenskyy signed a law. From now on foreign and Ukrainian cryptocurrencies exchanges will operate legally and banks will open accounts for crypto companies."

Detail

【Ukraine legalizes the crypto sector】The Ministry of Digital Transformation in Ukraine tweeted: "Ukraine has legalized the crypto sector. President of Ukraine Volodymyr Zelenskyy signed a law. From now on foreign and Ukrainian cryptocurrencies exchanges will operate legally and banks will open accounts for crypto companies."

Ukraine legalizes the crypto sector

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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.

Ukraine legalizes the crypto sector

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