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On May 11, Trump stated that the United States has a large amount of oil; if an agreement is not reached, the U.S. will strike unprecedented areas in Iran, and he expects the Iran war to end soon.

[Trump: Iran War Will End Soon, Will Strike New Areas if No Agreement is Reached]On May 11, Trump stated that the United States has a large amount of oil; if an agreement is not reached, the U.S. will strike unprecedented areas in Iran, and he expects the Iran war to end soon.

Trump: Iran War Will End Soon, Will Strike New Areas if No Agreement is Reached

On May 11, Reuters reported that Apple CEO Tim Cook, BlackRock CEO Larry Fink, and several other American corporate executives from Visa Inc. and Mastercard Inc. will accompany Trump on his visit to China.

[Apple and BlackRock CEOs to Accompany Trump on China Visit]On May 11, Reuters reported that Apple CEO Tim Cook, BlackRock CEO Larry Fink, and several other American corporate executives from Visa Inc. and Mastercard Inc. will accompany Trump on his visit to China.

Apple and BlackRock CEOs to Accompany Trump on China Visit

On May 11, analysts from ING Group stated that despite short-term market fluctuations being influenced by developments in the U.S. and Iranian situations, gold prices could still rise to $5000 within the year. The analysis pointed out that short-term gold price trends are primarily driven by real interest rates, the movement of the dollar, and expectations regarding Federal Reserve policies. However, as related pressures ease, the medium to long-term support for gold is expected to return. If the Iranian conflict achieves a lasting de-escalation, it will become a significant trigger for sustained increases in gold prices. The current market is focused on the upcoming U.S. CPI inflation data to seek clues about the interest rate path. As a result of these expectations, gold futures rose slightly by 0.1%, reaching $4736 per ounce.

[ING: Gold Prices May Surge to $5000, Iranian Situation and Inflation Data Key Variables]On May 11, analysts from ING Group stated that despite short-term market fluctuations being influenced by developments in the U.S. and Iranian situations, gold prices could still rise to $5000 within the year. The analysis pointed out that short-term gold price trends are primarily driven by real interest rates, the movement of the dollar, and expectations regarding Federal Reserve policies. However, as related pressures ease, the medium to long-term support for gold is expected to return. If the Iranian conflict achieves a lasting de-escalation, it will become a significant trigger for sustained increases in gold prices. The current market is focused on the upcoming U.S. CPI inflation data to seek clues about the interest rate path. As a result of these expectations, gold futures rose slightly by 0.1%, reaching $4736 per ounce.

ING: Gold Prices May Surge to $5000, Iranian Situation and Inflation Data Key Variables

On May 11, Sky Ecosystem announced that the cross-chain bridging of USDS OFT on the Solana network has resumed operations, having been temporarily paused due to a security review related to the rsETH vulnerability. Sky stated that throughout the review period, both the Sky Protocol and USDS contracts were unaffected, and USDS has consistently maintained full collateral as designed by the protocol, which can be verified on-chain at any time. The pause was a precautionary measure. With the completion of the security review, the USDS cross-chain bridging on Solana has reopened, while the bridging to Avalanche will resume after further review is completed.

[Sky: USDS Cross-Chain on Solana Resumes Operations After Security Review]On May 11, Sky Ecosystem announced that the cross-chain bridging of USDS OFT on the Solana network has resumed operations, having been temporarily paused due to a security review related to the rsETH vulnerability. Sky stated that throughout the review period, both the Sky Protocol and USDS contracts were unaffected, and USDS has consistently maintained full collateral as designed by the protocol, which can be verified on-chain at any time. The pause was a precautionary measure. With the completion of the security review, the USDS cross-chain bridging on Solana has reopened, while the bridging to Avalanche will resume after further review is completed.

Sky: USDS Cross-Chain on Solana Resumes Operations After Security Review

On May 11, trader Eugene Ng Ah Sio posted on his personal channel, stating, "Among all mainstream cryptocurrencies, SOL's relative performance remains the cleanest, showing stronger relative strength compared to Ethereum and Hyperliquid. I believe it is likely to be the first mainstream asset to break out upwards from the current 3-month consolidation range. If the price can effectively break through $96, the next key resistance level is in the $120 area, which represents about a 25% upside from the current price. I am willing to continue participating in the market and pre-positioning for a potential upward breakout before Bitcoin drops below $80,000."

[Eugene Predicts SOL May Break 3-Month Consolidation, Targeting $120 Resistance]On May 11, trader Eugene Ng Ah Sio posted on his personal channel, stating, "Among all mainstream cryptocurrencies, SOL's relative performance remains the cleanest, showing stronger relative strength compared to Ethereum and Hyperliquid. I believe it is likely to be the first mainstream asset to break out upwards from the current 3-month consolidation range. If the price can effectively break through $96, the next key resistance level is in the $120 area, which represents about a 25% upside from the current price. I am willing to continue participating in the market and pre-positioning for a potential upward breakout before Bitcoin drops below $80,000."

Eugene Predicts SOL May Break 3-Month Consolidation, Targeting $120 Resistance

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

[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

Bitcoin mining firm Iris Energy reported that its operating revenue declined 27% in December compared to the previous month to $2.1 million — reflecting the first full month of operations after terminating some hosting arrangements.
The firm mined 19% less bitcoin in December, with its average operation hashrate falling 25% to 1,086 PH/s.  Operating capacity increased 30% over the period to 1.5 EH/s in that time.
Iris Energy said it held $39 million in cash at the end of the calendar year with no debt.

Detail

【Bitcoin miner Iris Energy revenue falls 27% in December】Bitcoin mining firm Iris Energy reported that its operating revenue declined 27% in December compared to the previous month to $2.1 million — reflecting the first full month of operations after terminating some hosting arrangements.
The firm mined 19% less bitcoin in December, with its average operation hashrate falling 25% to 1,086 PH/s.  Operating capacity increased 30% over the period to 1.5 EH/s in that time.
Iris Energy said it held $39 million in cash at the end of the calendar year with no debt.

Bitcoin miner Iris Energy revenue falls 27% in December

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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.

Bitcoin miner Iris Energy revenue falls 27% in December

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

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