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On May 29, the United States will hold its midterm congressional elections in November. Currently, the Democratic and Republican parties are attempting to gain electoral advantages by manipulating district boundaries, leading to significant legal battles. On May 26, the redistricting conflict between the two parties intensified in Alabama and South Carolina. U.S. media analysis indicates that Republicans currently hold an advantageous position in this 'district map war,' potentially adding around 10 additional seats in the House of Representatives. Democrats, on the other hand, hope to leverage factors such as low approval ratings for Trump and rising oil prices due to the Iran conflict to attract voters. Experts suggest that the essence of this redistricting battle is extreme partisanship, showing a profound disregard for public opinion and once again exposing the hypocrisy of American democracy. (CCTV International News)

[Intense Redistricting Battle Between U.S. Political Parties]On May 29, the United States will hold its midterm congressional elections in November. Currently, the Democratic and Republican parties are attempting to gain electoral advantages by manipulating district boundaries, leading to significant legal battles. On May 26, the redistricting conflict between the two parties intensified in Alabama and South Carolina. U.S. media analysis indicates that Republicans currently hold an advantageous position in this 'district map war,' potentially adding around 10 additional seats in the House of Representatives. Democrats, on the other hand, hope to leverage factors such as low approval ratings for Trump and rising oil prices due to the Iran conflict to attract voters. Experts suggest that the essence of this redistricting battle is extreme partisanship, showing a profound disregard for public opinion and once again exposing the hypocrisy of American democracy. (CCTV International News)

Intense Redistricting Battle Between U.S. Political Parties

On May 28, the Sui ecosystem storage protocol Walrus announced that the mainnet is currently unable to process write operations due to the stagnation of the Sui network. Read operations conducted directly through the aggregator are still functioning normally, and updates will be provided as new developments arise.

[Walrus: Unable to Process Write Operations Due to Sui Network Stagnation]On May 28, the Sui ecosystem storage protocol Walrus announced that the mainnet is currently unable to process write operations due to the stagnation of the Sui network. Read operations conducted directly through the aggregator are still functioning normally, and updates will be provided as new developments arise.

Walrus: Unable to Process Write Operations Due to Sui Network Stagnation

genius Hits New High of 0.6391 USDT, Up -5.58% in 24H

【genius soared to 0.811 USDT, a new high with a 24-hour increase of -5.58%. It currently trades at 0.6391 USDT on HTX.】genius Hits New High of 0.6391 USDT, Up -5.58% in 24H

genius soared to 0.811 USDT, a new high with a 24-hour increase of -5.58%. It currently trades at 0.6391 USDT on HTX.

On May 28, according to monitoring by EmberCN, the $30.5 million BTC long position of whale '0x0d' on Hyperliquid is at risk, as it will be liquidated if BTC continues to drop by $400. The whale opened a long position of 416.6 BTC at $73,345 with 40x leverage today, amounting to $30.5 million, with a liquidation price set at $72,433.

[Whale's $30.5 Million BTC Long Position at Risk, Liquidation Price at $72,433]On May 28, according to monitoring by EmberCN, the $30.5 million BTC long position of whale '0x0d' on Hyperliquid is at risk, as it will be liquidated if BTC continues to drop by $400. The whale opened a long position of 416.6 BTC at $73,345 with 40x leverage today, amounting to $30.5 million, with a liquidation price set at $72,433.

Whale's $30.5 Million BTC Long Position at Risk, Liquidation Price at $72,433

On May 28, Alberto Musalem, President of the Federal Reserve Bank of St. Louis, stated that policymakers should not expect a potential surge in productivity from artificial intelligence to alleviate high inflation. In remarks prepared for a conference in Reykjavik, Iceland, Musalem said, "I believe it is risky to rely on the prospect of future productivity growth to solve the current inflation problem." He cautioned that, considering inflation factors, the Federal Reserve's benchmark interest rate is below the so-called 'neutral rate,' which neither slows down nor stimulates the economy. He also noted that the labor market is stable, inflation is "significantly above" the Fed's 2% target, and long-term inflation expectations are "on the rise." Newly released data on Thursday reinforced these concerns. According to the Bureau of Economic Analysis, the Fed's preferred inflation measure, the PCE price index, rose 3.8% in the 12 months ending in April.

[Fed Official Musalem: Don't Rely on AI to Lower Inflation, Contradicting Chair Waller]On May 28, Alberto Musalem, President of the Federal Reserve Bank of St. Louis, stated that policymakers should not expect a potential surge in productivity from artificial intelligence to alleviate high inflation. In remarks prepared for a conference in Reykjavik, Iceland, Musalem said, "I believe it is risky to rely on the prospect of future productivity growth to solve the current inflation problem." He cautioned that, considering inflation factors, the Federal Reserve's benchmark interest rate is below the so-called 'neutral rate,' which neither slows down nor stimulates the economy. He also noted that the labor market is stable, inflation is "significantly above" the Fed's 2% target, and long-term inflation expectations are "on the rise." Newly released data on Thursday reinforced these concerns. According to the Bureau of Economic Analysis, the Fed's preferred inflation measure, the PCE price index, rose 3.8% in the 12 months ending in April.

Fed Official Musalem: Don't Rely on AI to Lower Inflation, Contradicting Chair Waller

On May 28, Israeli i24News reporter Amichai Stein reported that Iran's Supreme Leader Mojtaba Khamenei has not yet approved the memorandum of understanding, which may also be one of the reasons why Trump has not given his consent. In fact, it seems that only a certain consensus has been reached between Iranian Foreign Minister Amir-Abdollahian, Parliament Speaker Ghalibaf, and U.S. Special Envoy for Middle East Affairs Hochstein and his team, but the actual high-level leadership in Iran, the ultimate decision-makers, have not yet said 'yes.' Earlier reports indicated that the U.S. and Iran had reached an agreement on a 60-day memorandum of understanding, pending Trump's final approval.

[Report: Iran's Supreme Leader Has Not Approved US-Iran Memorandum of Understanding]On May 28, Israeli i24News reporter Amichai Stein reported that Iran's Supreme Leader Mojtaba Khamenei has not yet approved the memorandum of understanding, which may also be one of the reasons why Trump has not given his consent. In fact, it seems that only a certain consensus has been reached between Iranian Foreign Minister Amir-Abdollahian, Parliament Speaker Ghalibaf, and U.S. Special Envoy for Middle East Affairs Hochstein and his team, but the actual high-level leadership in Iran, the ultimate decision-makers, have not yet said 'yes.' Earlier reports indicated that the U.S. and Iran had reached an agreement on a 60-day memorandum of understanding, pending Trump's final approval.

Report: Iran's Supreme Leader Has Not Approved US-Iran Memorandum of Understanding

On May 28, French semiconductor company Sequans Communications announced that it has completed the redemption of all convertible debt related to its Bitcoin treasury, leaving a remaining 658 BTC with no debt burden. By selling nearly 80% of its Bitcoin holdings to repay debts, the company officially ends its Bitcoin accumulation strategy. CEO Georges Karam stated that this move strengthens the balance sheet and simplifies the capital structure, allowing the company to fully concentrate on its core semiconductor business in the future. Sequans began building its Bitcoin treasury in June 2025, initially planning to quickly accumulate up to 3,000 BTC, but gradually reduced its holdings during the significant decline in Bitcoin prices from their peak. The company will now prioritize the development of its 4G/5G IoT semiconductor business. SQNS shares rose slightly by 2% today, but have fallen over 90% since last year's peak.

[Sequans Liquidates Bitcoin Holdings to Refocus on Semiconductor Core Business]On May 28, French semiconductor company Sequans Communications announced that it has completed the redemption of all convertible debt related to its Bitcoin treasury, leaving a remaining 658 BTC with no debt burden. By selling nearly 80% of its Bitcoin holdings to repay debts, the company officially ends its Bitcoin accumulation strategy. CEO Georges Karam stated that this move strengthens the balance sheet and simplifies the capital structure, allowing the company to fully concentrate on its core semiconductor business in the future. Sequans began building its Bitcoin treasury in June 2025, initially planning to quickly accumulate up to 3,000 BTC, but gradually reduced its holdings during the significant decline in Bitcoin prices from their peak. The company will now prioritize the development of its 4G/5G IoT semiconductor business. SQNS shares rose slightly by 2% today, but have fallen over 90% since last year's peak.

Sequans Liquidates Bitcoin Holdings to Refocus on Semiconductor Core Business

On May 28, as super unicorns like SpaceX, OpenAI, and Anthropic advance towards their IPOs in the U.S. stock market, major institutions on Wall Street have begun to adjust their holdings to increase cash reserves. John Flood, Managing Director of Goldman Sachs' Global Banking and Markets division, noted that historically, before the four largest IPOs, equity mutual funds have proactively increased their cash reserves. Currently, several large funds are again boosting cash holdings, with some passive index funds even considering reducing their positions in existing large tech stocks to make room for the upcoming new index constituents. SpaceX's market valuation is expected to be around $1.5 trillion to $1.75 trillion, while OpenAI and Anthropic are also valued close to the trillion-dollar mark. The consecutive listings of these three companies will reshape the weight distribution of major stock indices. Index providers are accelerating changes to their rules to adapt to this shift. FTSE Russell has introduced new regulations allowing newly listed companies to be included in the Russell Index after just five days of trading, once they meet the market capitalization threshold, which is seen as almost tailor-made for SpaceX. Nasdaq announced a fast-track inclusion mechanism for new stocks in March, and S&P Dow Jones Indices is also advancing similar plans, warning that maintaining old rules could 'impact the overall effectiveness of indices as benchmarks.' Once included in the indices, large passive funds will have to allocate shares accordingly, potentially becoming the most stable and substantial source of demand for these super IPOs. However, there are concerns in the market that passive funds may be forced to purchase high-volatility new stocks at a premium during the initial inclusion phase, taking on excessive risks.

[Wall Street Prepares Cash Reserves for Upcoming Tech IPO Surge]On May 28, as super unicorns like SpaceX, OpenAI, and Anthropic advance towards their IPOs in the U.S. stock market, major institutions on Wall Street have begun to adjust their holdings to increase cash reserves. John Flood, Managing Director of Goldman Sachs' Global Banking and Markets division, noted that historically, before the four largest IPOs, equity mutual funds have proactively increased their cash reserves. Currently, several large funds are again boosting cash holdings, with some passive index funds even considering reducing their positions in existing large tech stocks to make room for the upcoming new index constituents. SpaceX's market valuation is expected to be around $1.5 trillion to $1.75 trillion, while OpenAI and Anthropic are also valued close to the trillion-dollar mark. The consecutive listings of these three companies will reshape the weight distribution of major stock indices. Index providers are accelerating changes to their rules to adapt to this shift. FTSE Russell has introduced new regulations allowing newly listed companies to be included in the Russell Index after just five days of trading, once they meet the market capitalization threshold, which is seen as almost tailor-made for SpaceX. Nasdaq announced a fast-track inclusion mechanism for new stocks in March, and S&P Dow Jones Indices is also advancing similar plans, warning that maintaining old rules could 'impact the overall effectiveness of indices as benchmarks.' Once included in the indices, large passive funds will have to allocate shares accordingly, potentially becoming the most stable and substantial source of demand for these super IPOs. However, there are concerns in the market that passive funds may be forced to purchase high-volatility new stocks at a premium during the initial inclusion phase, taking on excessive risks.

Wall Street Prepares Cash Reserves for Upcoming Tech IPO Surge

On May 28, the Navy of the Islamic Revolutionary Guard Corps (IRGC) stated that in the past 24 hours, a total of 26 commercial ships and oil tankers passed through the Strait of Hormuz under Iranian coordination, asserting that Iran is implementing "comprehensive and strong" control over the strait. The IRGC Navy's public relations department issued a statement saying that all vessels passed through the Strait of Hormuz's safe navigation route after obtaining permission. The statement emphasized that passage must be pre-approved and coordinated, and any attempts to use alternative routes will be considered as "disruptive actions." (Xinhua)

[IRGC Claims Comprehensive Control Over Strait of Hormuz]On May 28, the Navy of the Islamic Revolutionary Guard Corps (IRGC) stated that in the past 24 hours, a total of 26 commercial ships and oil tankers passed through the Strait of Hormuz under Iranian coordination, asserting that Iran is implementing "comprehensive and strong" control over the strait. The IRGC Navy's public relations department issued a statement saying that all vessels passed through the Strait of Hormuz's safe navigation route after obtaining permission. The statement emphasized that passage must be pre-approved and coordinated, and any attempts to use alternative routes will be considered as "disruptive actions." (Xinhua)

IRGC Claims Comprehensive Control Over Strait of Hormuz

28 мая официальный представитель США сообщил Reuters, что американская армия провела новые удары по иранской военной базе, которая угрожала силам США и коммерческому судоходству в Ормузском проливе. Американская армия также перехватила и сбила несколько иранских дронов, угрожавших силам США и коммерческому морскому движению.

[Официальные лица США: Новые удары американской армии по иранской военной базе]28 мая официальный представитель США сообщил Reuters, что американская армия провела новые удары по иранской военной базе, которая угрожала силам США и коммерческому судоходству в Ормузском проливе. Американская армия также перехватила и сбила несколько иранских дронов, угрожавших силам США и коммерческому морскому движению.

Официальные лица США: Новые удары американской армии по иранской военной базе

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Article

Trump: The U.S. Will Continue to Control Iranian Assets

TRX drops below 0.37 USDT

Официальные лица США: Новые удары американской армии по иранской военной базе

Disclaimer：Il contenuto di cui sopra non rappresenta le posizioni di HTX.，HTX non fornisce alcuna raccomandazione di trading.。

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