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On May 2, Apple increased the starting price of the Mac Mini from $599 to $799 to address inventory shortages and tightening chip supplies driven by demand for artificial intelligence. The company effectively raised the price by eliminating the entry-level configuration. The previous entry model featured an M4 chip with 256GB of storage, while the new starting version still uses the same chip but has upgraded storage to 512GB. The starting price for the M4 Pro model remains unchanged at $1399. The $599 configuration has sold out at most retail locations and is no longer available. Other configurations from the Apple online store may take weeks or months to ship, and supply at Apple retail stores is also very limited.

[Apple Raises Mac Mini Starting Price to $799 Amid AI Demand]On May 2, Apple increased the starting price of the Mac Mini from $599 to $799 to address inventory shortages and tightening chip supplies driven by demand for artificial intelligence. The company effectively raised the price by eliminating the entry-level configuration. The previous entry model featured an M4 chip with 256GB of storage, while the new starting version still uses the same chip but has upgraded storage to 512GB. The starting price for the M4 Pro model remains unchanged at $1399. The $599 configuration has sold out at most retail locations and is no longer available. Other configurations from the Apple online store may take weeks or months to ship, and supply at Apple retail stores is also very limited.

Apple Raises Mac Mini Starting Price to $799 Amid AI Demand

On May 2, according to Alternative data, the cryptocurrency Fear and Greed Index today stands at 39 (up from 26 yesterday), indicating a significant easing of 'panic' sentiment in the market, which remains in the 'fear' zone. Note: The fear index ranges from 0 to 100 and includes indicators such as volatility (25%), market trading volume (25%), social media activity (15%), market surveys (15%), Bitcoin's dominance in the overall market (10%), and Google Trends analysis (10%).

[Crypto Fear Index Rises to 39, Market 'Panic' Sentiment Significantly Eases]On May 2, according to Alternative data, the cryptocurrency Fear and Greed Index today stands at 39 (up from 26 yesterday), indicating a significant easing of 'panic' sentiment in the market, which remains in the 'fear' zone. Note: The fear index ranges from 0 to 100 and includes indicators such as volatility (25%), market trading volume (25%), social media activity (15%), market surveys (15%), Bitcoin's dominance in the overall market (10%), and Google Trends analysis (10%).

Crypto Fear Index Rises to 39, Market 'Panic' Sentiment Significantly Eases

On May 2, U.S. President Trump stated on Friday that during the ongoing conflict between the U.S. and Israel against Iran, the U.S. Navy's maritime blockade of Iranian ports is, to some extent, 'like piracy.' Trump made these remarks while describing an incident a few days earlier in which U.S. forces seized a ship. 'We took over that ship, took over the cargo, took over the oil. It's a very profitable business,' Trump said in his speech on Friday evening. 'We are like pirates. A bit like pirates, but we are not playing games.'

[Trump Compares U.S. Blockade of Iranian Ports to Piracy: It's a 'Very Profitable Business']On May 2, U.S. President Trump stated on Friday that during the ongoing conflict between the U.S. and Israel against Iran, the U.S. Navy's maritime blockade of Iranian ports is, to some extent, 'like piracy.' Trump made these remarks while describing an incident a few days earlier in which U.S. forces seized a ship. 'We took over that ship, took over the cargo, took over the oil. It's a very profitable business,' Trump said in his speech on Friday evening. 'We are like pirates. A bit like pirates, but we are not playing games.'

Trump Compares U.S. Blockade of Iranian Ports to Piracy: It's a 'Very Profitable Business'

On May 2, Reuters reported that Tether has slowed its gold purchases to support USDT in the first quarter of 2026, with the quarterly report showing that its gold acquisition dropped to about 6 tons, down from 27 tons in the fourth quarter of last year. As of the end of March, Tether's gold reserves used to back USDT increased to approximately 132 tons (around $19.8 billion), accounting for about 10% of its reserve structure, with the main asset still being approximately $117 billion in U.S. Treasury bonds. Bitcoin reserves are around $7 billion. Meanwhile, the gold reserves backing the gold stablecoin XAUT have increased to about 22 tons. The two product categories together hold approximately 154 tons of gold. Tether previously stated plans to allocate 10% to 15% of its approximately $20 billion investment portfolio to physical gold, but the relevant trading team was dissolved in March this year due to management structure limitations.

[Tether Slows Gold Purchases: Acquires Approximately 6 Tons in Q1, Total Holdings Around 154 Tons]On May 2, Reuters reported that Tether has slowed its gold purchases to support USDT in the first quarter of 2026, with the quarterly report showing that its gold acquisition dropped to about 6 tons, down from 27 tons in the fourth quarter of last year. As of the end of March, Tether's gold reserves used to back USDT increased to approximately 132 tons (around $19.8 billion), accounting for about 10% of its reserve structure, with the main asset still being approximately $117 billion in U.S. Treasury bonds. Bitcoin reserves are around $7 billion. Meanwhile, the gold reserves backing the gold stablecoin XAUT have increased to about 22 tons. The two product categories together hold approximately 154 tons of gold. Tether previously stated plans to allocate 10% to 15% of its approximately $20 billion investment portfolio to physical gold, but the relevant trading team was dissolved in March this year due to management structure limitations.

Tether Slows Gold Purchases: Acquires Approximately 6 Tons in Q1, Total Holdings Around 154 Tons

On May 2, U.S. President Trump stated on Friday that during the war between the U.S. and Israel against Iran, the U.S. Navy's maritime blockade of Iranian ports is somewhat 'like piracy.' Trump made these remarks while describing the recent seizure of a vessel by U.S. forces. 'We took over that ship, took over the cargo, took over the oil. It's a very profitable business,' Trump said in his speech on Friday evening. 'We are like pirates. A bit like pirates, but we are not playing games.' (Jinshi)

[Trump Compares U.S. Blockade of Iranian Ports to Piracy: 'It's a Very Profitable Business']On May 2, U.S. President Trump stated on Friday that during the war between the U.S. and Israel against Iran, the U.S. Navy's maritime blockade of Iranian ports is somewhat 'like piracy.' Trump made these remarks while describing the recent seizure of a vessel by U.S. forces. 'We took over that ship, took over the cargo, took over the oil. It's a very profitable business,' Trump said in his speech on Friday evening. 'We are like pirates. A bit like pirates, but we are not playing games.' (Jinshi)

Trump Compares U.S. Blockade of Iranian Ports to Piracy: 'It's a Very Profitable Business'

On May 2, according to Alternative data, the cryptocurrency Fear and Greed Index today stands at 39 (up from 26 yesterday), indicating a significant easing of market 'fear' sentiment, although it remains within the 'fear' range. Note: The fear index threshold ranges from 0 to 100 and includes indicators such as volatility (25%), market trading volume (25%), social media activity (15%), market surveys (15%), Bitcoin's market dominance (10%), and Google Trends analysis (10%).

[Crypto Fear Index Rises to 39, Market Panic Significantly Eases]On May 2, according to Alternative data, the cryptocurrency Fear and Greed Index today stands at 39 (up from 26 yesterday), indicating a significant easing of market 'fear' sentiment, although it remains within the 'fear' range. Note: The fear index threshold ranges from 0 to 100 and includes indicators such as volatility (25%), market trading volume (25%), social media activity (15%), market surveys (15%), Bitcoin's market dominance (10%), and Google Trends analysis (10%).

Crypto Fear Index Rises to 39, Market Panic Significantly Eases

On May 2, data from Polymarket indicated that the probability of the CLARITY Act being signed into law in 2026 has risen to 60%, an increase of 14% from the previous day. Earlier reports confirmed that the stablecoin yield rules under the CLARITY Act have been finalized, stipulating that crypto companies cannot pay 'any form of interest or yield' solely based on customers holding stablecoins, similar to bank deposits or any comparable interest-bearing products. However, it allows crypto companies to offer rewards linked to 'real activities.' Following the announcement of the new stablecoin yield provisions, the CLARITY Act may be one step closer to becoming law.

[Probability of the CLARITY Act Becoming Law in 2026 Rises to 60% on Polymarket]On May 2, data from Polymarket indicated that the probability of the CLARITY Act being signed into law in 2026 has risen to 60%, an increase of 14% from the previous day. Earlier reports confirmed that the stablecoin yield rules under the CLARITY Act have been finalized, stipulating that crypto companies cannot pay 'any form of interest or yield' solely based on customers holding stablecoins, similar to bank deposits or any comparable interest-bearing products. However, it allows crypto companies to offer rewards linked to 'real activities.' Following the announcement of the new stablecoin yield provisions, the CLARITY Act may be one step closer to becoming law.

Probability of the CLARITY Act Becoming Law in 2026 Rises to 60% on Polymarket

According to monitoring by Dongcha Beating and a report from The Information, after Meta's $2 billion acquisition of AI agent company Manus was halted by China's National Development and Reform Commission, the China Securities Regulatory Commission has begun tightening approvals for red-chip companies (Chinese firms listed through overseas entities such as the Cayman Islands holding domestic assets) seeking to go public in Hong Kong. As a result, several Chinese AI companies considering a Hong Kong IPO are starting to evaluate the dismantling of their overseas structures to return to domestic entities. Moonlight (developer of the Kimi series models) is discussing structural reorganization with lawyers but has not yet made a decision. The company is nearing the completion of a financing round valued at $18 billion. Leap Star has proactively begun dismantling its overseas holding structure earlier this year, believing that transitioning to a domestic entity could shorten the IPO approval time in Hong Kong. Leap Star's investors include the Shanghai municipal government, and all investors support the reorganization. Autonomous driving company DeepRoute.ai is also having similar discussions. Dismantling a red-chip structure is a complex legal process that typically takes 6 to 12 months. Companies must repurchase shares from all investors in the overseas holding entity, establish a Sino-foreign joint venture domestically, and then resell shares to the original investors under the joint venture's name. Investors must pay capital gains tax according to Chinese regulations during this process. If some investors choose not to participate due to concerns such as foreign exchange controls, the company must find alternative funding to fill the gap. Ultimately, the lock-up period for existing investors will extend from 6 months under the red-chip structure to 12 months upon listing. Currently, there is no comprehensive ban on red-chip structures, but the CSRC has inquired about the overseas holdings of companies like Moonlight. Several lawyers have advised clients to wait and see, taking action only when the CSRC provides clear requirements. The vast majority of China's tech giants (Alibaba, ByteDance, Tencent, Baidu) remain registered in the Cayman Islands.

[The Information: After Manus Suspension, Chinese AI Companies Consider Returning to Domestic Listings]According to monitoring by Dongcha Beating and a report from The Information, after Meta's $2 billion acquisition of AI agent company Manus was halted by China's National Development and Reform Commission, the China Securities Regulatory Commission has begun tightening approvals for red-chip companies (Chinese firms listed through overseas entities such as the Cayman Islands holding domestic assets) seeking to go public in Hong Kong. As a result, several Chinese AI companies considering a Hong Kong IPO are starting to evaluate the dismantling of their overseas structures to return to domestic entities. Moonlight (developer of the Kimi series models) is discussing structural reorganization with lawyers but has not yet made a decision. The company is nearing the completion of a financing round valued at $18 billion. Leap Star has proactively begun dismantling its overseas holding structure earlier this year, believing that transitioning to a domestic entity could shorten the IPO approval time in Hong Kong. Leap Star's investors include the Shanghai municipal government, and all investors support the reorganization. Autonomous driving company DeepRoute.ai is also having similar discussions. Dismantling a red-chip structure is a complex legal process that typically takes 6 to 12 months. Companies must repurchase shares from all investors in the overseas holding entity, establish a Sino-foreign joint venture domestically, and then resell shares to the original investors under the joint venture's name. Investors must pay capital gains tax according to Chinese regulations during this process. If some investors choose not to participate due to concerns such as foreign exchange controls, the company must find alternative funding to fill the gap. Ultimately, the lock-up period for existing investors will extend from 6 months under the red-chip structure to 12 months upon listing. Currently, there is no comprehensive ban on red-chip structures, but the CSRC has inquired about the overseas holdings of companies like Moonlight. Several lawyers have advised clients to wait and see, taking action only when the CSRC provides clear requirements. The vast majority of China's tech giants (Alibaba, ByteDance, Tencent, Baidu) remain registered in the Cayman Islands.

The Information: After Manus Suspension, Chinese AI Companies Consider Returning to Domestic Listings

According to monitoring by Beating, an investigation by WIRED has found that the nonprofit organization Build American AI is systematically paying social media influencers through the marketing agency SM4 to spread messages about the 'Chinese AI threat to America' on TikTok and Instagram. Build American AI is a dark money organization (501(c)(4), not required to disclose donors) affiliated with the super PAC Leading the Future, which has received funding from OpenAI co-founder and president Greg Brockman, Palantir co-founder Joe Lonsdale, venture capital firm Andreessen Horowitz, and AI company Perplexity. The campaign operates in two phases. The first phase recruits lifestyle influencers to broadly promote the benefits of American AI, with several mommy and family bloggers with hundreds of thousands of followers participating in posts, labeling them as 'ads' but not disclosing specific funding sources. The second phase shifts to a narrative about China, with SM4 recruiting creators at a rate of $5,000 per TikTok video, asking them to naturally incorporate phrases about 'China stealing American data and jobs' into their everyday content (such as making breakfast for their kids). Sample scripts provided by Build American AI state: 'China is desperately trying to beat America in AI; if they win, they can access my and my children's personal data and take jobs that should belong to Americans.' The campaign operates along political lines: SM4 is responsible for recruiting left-leaning creators, while another partner organization targets right-leaning ones. Internal briefing documents indicate plans to expand from female lifestyle bloggers to left-wing political commentators, business tech leaders, and male lifestyle bloggers. WIRED reporter Taylor Lorenz learned about the details of the campaign after being invited by SM4, and several other creators who received similar invitations confirmed the operation. Leading the Future claims to have received $140 million in donations and commitments, with $51 million available as of April. FEC documents show that the Brockmans each donated $12.5 million, while Marc Andreessen and Ben Horowitz each contributed $12.5 million. OpenAI stated that the company has no affiliation with Leading the Future or Build American AI and has not provided funding or any support; Palantir also stated it did not contribute. Jamie Cohen, an associate professor of media studies at Queen's College, told WIRED that influencers accepting undisclosed funding to promote specific companies' messages leaves the public completely unaware, which is 'extremely corrosive to democracy' and 'this is propaganda.'

[TikTok for $5,000: OpenAI-Linked Dark Money Group Hires Influencers to Promote 'Chinese AI Threat']According to monitoring by Beating, an investigation by WIRED has found that the nonprofit organization Build American AI is systematically paying social media influencers through the marketing agency SM4 to spread messages about the 'Chinese AI threat to America' on TikTok and Instagram. Build American AI is a dark money organization (501(c)(4), not required to disclose donors) affiliated with the super PAC Leading the Future, which has received funding from OpenAI co-founder and president Greg Brockman, Palantir co-founder Joe Lonsdale, venture capital firm Andreessen Horowitz, and AI company Perplexity. The campaign operates in two phases. The first phase recruits lifestyle influencers to broadly promote the benefits of American AI, with several mommy and family bloggers with hundreds of thousands of followers participating in posts, labeling them as 'ads' but not disclosing specific funding sources. The second phase shifts to a narrative about China, with SM4 recruiting creators at a rate of $5,000 per TikTok video, asking them to naturally incorporate phrases about 'China stealing American data and jobs' into their everyday content (such as making breakfast for their kids). Sample scripts provided by Build American AI state: 'China is desperately trying to beat America in AI; if they win, they can access my and my children's personal data and take jobs that should belong to Americans.' The campaign operates along political lines: SM4 is responsible for recruiting left-leaning creators, while another partner organization targets right-leaning ones. Internal briefing documents indicate plans to expand from female lifestyle bloggers to left-wing political commentators, business tech leaders, and male lifestyle bloggers. WIRED reporter Taylor Lorenz learned about the details of the campaign after being invited by SM4, and several other creators who received similar invitations confirmed the operation. Leading the Future claims to have received $140 million in donations and commitments, with $51 million available as of April. FEC documents show that the Brockmans each donated $12.5 million, while Marc Andreessen and Ben Horowitz each contributed $12.5 million. OpenAI stated that the company has no affiliation with Leading the Future or Build American AI and has not provided funding or any support; Palantir also stated it did not contribute. Jamie Cohen, an associate professor of media studies at Queen's College, told WIRED that influencers accepting undisclosed funding to promote specific companies' messages leaves the public completely unaware, which is 'extremely corrosive to democracy' and 'this is propaganda.'

TikTok for $5,000: OpenAI-Linked Dark Money Group Hires Influencers to Promote 'Chinese AI Threat'

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