Odaily Planet Daily News According to Axios, if President Trump had accepted the terms negotiated by his team last month, he could have reached a preliminary agreement with Iran by the end of May. However, after a White House Situation Room meeting on May 29, Trump decided to put forward two additional modifications to Iran, including: Iran must begin diluting its enriched uranium stockpile within 60 days; and Iran must pledge not to impose any transit fees on vessels passing through the Strait of Hormuz. In exchange, Trump is willing to accept the dilution of enriched uranium being carried out inside Iran under the supervision of the International Atomic Energy Agency (IAEA). According to sources and US officials, Iranian Foreign Minister Araghchi told mediators and the US that he would need four to five days to obtain a response, but this ultimately turned into nearly two weeks of waiting. During this period, Trump grew increasingly frustrated as the media continued to report on the failure to deliver his promised agreement, with some coverage even carrying a mocking tone. At the same time, US hardliners on Iran also criticized him for being too soft on Tehran. Worse still, Iran indicated both publicly and privately that it wants some of its frozen assets to be unfrozen first, while Trump insists that Iran must fulfill its obligations under the agreement first. (Jin Shi)

Odaily Planet Daily News: U.S. President Trump stated on the 10th that the U.S. military has "secretly" assisted over 200 merchant vessels in transiting the Strait of Hormuz. Trump posted on social media that day, saying he had ordered the U.S. military to execute a secret mission last month to provide support for oil tankers and other merchant ships passing through the Strait of Hormuz. So far, this operation has facilitated "more than 100 million barrels of oil to successfully pass through the strait and enter the open market, with over 200 merchant ships safely navigating the strait." He also claimed that "it is the United States, not Iran, that controls the Strait of Hormuz." In early May, the U.S. military launched the "Freedom Plan" aimed at clearing stranded vessels through the Strait of Hormuz, but Trump soon announced a suspension of this operation. According to U.S. media reports, as the operation was not coordinated in advance with Gulf allies, it sparked dissatisfaction in Saudi Arabia, which refused the U.S. military use of Saudi bases and airspace. Subsequently, Trump repeatedly stated the possibility of resuming the "Freedom Plan" operations. On May 31, the New York Times, citing an anonymous U.S. official, reported that over the past three weeks, the U.S. military has "quietly" guided approximately 70 merchant ships through the Strait of Hormuz. (Jinshi)

Odaily News Analysts believe that SpaceX's upcoming IPO could become a new source of short-term pressure for Bitcoin and the crypto market. As the company is reportedly set to open up to 30% of its IPO shares to retail investors, some investors may sell high-risk assets like Bitcoin and Ethereum to free up capital to participate in this high-profile offering.

SpaceX plans to issue shares at $135 each, aiming to raise $75 billion, with a valuation of approximately $1.77 trillion. A GSR trading executive noted that crypto assets could become one of the funding sources for some investors looking to raise capital for the IPO.

Recently, there have been views suggesting that hot IPOs like SpaceX, and potentially future ones such as OpenAI and Anthropic, could drive capital outflows from the crypto market, putting pressure on Bitcoin and Ethereum prices.

However, SpaceX's listing could also conversely boost on-chain trading activity. Currently, platforms like Hyperliquid and Binance already offer SpaceX-related perpetual contracts and tokenized stock products, and trading activity for these assets may increase further with the IPO.

Odaily reported that Solana infrastructure company Helius has announced the acquisition of Light Protocol, whose team will refocus on developing privacy solutions for Solana.

Founded in 2021, Light Protocol initially focused on zero-knowledge proof-based privacy tools for Solana before pivoting to co-develop ZK Compression with Helius. Launched in 2024, this solution aims to reduce on-chain data storage costs on Solana via zero-knowledge proofs, supporting large-scale consumer and enterprise applications.

This acquisition will drive Light back to its original mission, combining its cryptographic expertise with Helius' infrastructure and distribution advantages to develop ZK privacy protocols for Solana, covering scenarios such as private payments and private DeFi. Helius plans to open up relevant privacy infrastructure to developers in the coming months.

The transaction occurs against a backdrop of accelerating consolidation in the crypto industry and tightening fundraising conditions, while also echoing a renewed demand for on-chain privacy. Helius founder Mert Mumtaz stated that privacy will be as fundamental to blockchain scaling as HTTPS was to the internet.

Odaily Planet Daily News According to Axios, negotiations are continuing despite the exchange of fire. A regional source revealed that over the past two days, Iranian and US officials have held parallel meetings in Doha with Qatari mediators separately. Qatar had attempted to arrange a tripartite meeting to negotiate directly on the remaining differences, but Iran declined. Qatari mediators traveled to Tehran on Wednesday for talks with Iranian Foreign Minister Araghchi and other Iranian officials, in an effort to restart the negotiation process. Two US officials stated that they hope Tuesday's strike will prompt Iran to take action and respond to Trump's proposal, and that Trump's threats are part of the same pressure strategy. One US official said, "The deal is still on the table, but if Iran continues to stall and respond negatively, the president is prepared to make Iran pay a price." (Jinshi)

Odaily Odaily reports that Anthropic CEO Dario Amodei has stated that if new AI models pose specific risks, governments should have the authority to prevent their deployment. In a lengthy post on Wednesday, Amodei argued that AI models should undergo mandatory third-party testing to assess potential risks across multiple domains. He wrote that if an AI is deemed to pose "unacceptable risks," then "governments should have the power to block or constrain its deployment." This is one of Amodei's strongest statements to date advocating for stricter AI regulation. "I believe that, at least during this current exponential growth phase, the most appropriate analogy is cars, airplanes, or pharmaceuticals—technologies that are essential to the modern economy but can also lead to significant loss of life if poorly designed or misused," Amodei wrote. Anthropic has previously warned that its AI model, Mythos, possesses the ability to discover and exploit critical software vulnerabilities, leading the company to restrict access to a small number of partners. This week, Anthropic also released a new version that removes related cybersecurity attack capabilities. (Jinshi)

Odaily reports that CryptoQuant indicates Bitcoin may form a bottom around the $53,600 level, which is the current realized price of Bitcoin—the average on-chain cost basis for all market participants.

The report notes that in previous major bear market cycles, Bitcoin typically bottoms at or slightly below its realized price. Recently, Bitcoin fell to a new bear market low of around $59,000, only about 9% above the $53,600 realized price, before recovering to approximately $62,150.

However, CryptoQuant emphasizes that the Bitcoin demand environment remains "extremely unfavorable," and a true bull market recovery requires a significant rebound in demand, a condition that on-chain data has not yet shown to materialize.

Odaily, Stand With Crypto UK has launched a campaign calling on banks to lift restrictions on cryptocurrency exchange transfers, arguing that such practices conflict with the UK's goal of becoming a global digital asset hub.

The organization stated that approximately 40% of UK banks block or delay transactions to crypto exchanges, and 80% of exchanges report a significant increase in customer transaction resistance over the past year. Some exchanges have even experienced nearly £1 billion in transaction cancellations within a year due to banks refusing to process transfers.

Stand With Crypto UK plans to mobilize over 286,000 registered crypto advocates in the UK to file formal complaints with their respective banks. The organization stated that users should not be prevented from accessing legitimate asset classes due to banks imposing "one-size-fits-all" restrictions on the entire industry.

Odaily: Iranian President Pezeshkian stated on social media that threats against infrastructure are not a display of strength but a sign of desperation. Iran will unwaveringly resist any pressure or threats. Previously, Trump claimed that the US would resume "severe" strikes against Iran. (Jin10)

Odaily Planet Daily News: When asked by reporters if he was concerned about the latest inflation data released today, U.S. President Trump said: "No, I'm fine with it. I love inflation."

Latest data shows that the U.S. CPI in May climbed to 4.2% year-on-year, hitting a three-year high, while the core CPI annual rate reached its highest level since September last year. (Jinshi)

Odaily reported that US President Donald Trump said that if a peace agreement cannot be reached, the United States will take "very tough" action against Iran. Trump told reporters at the White House, "We will launch attacks on them, severe strikes, and resume bombing." He mentioned that Iran shot down an Apache helicopter in the Strait of Hormuz.

Trump emphasized that we have the right to resume strikes against Iran. When discussing a potential agreement with Iran, Trump stated that he hopes to reach a meaningful deal. He described it as a good agreement that Iran should sign. Trump said, "They keep pressuring us, and we will see how the agreement develops."

Earlier, Fox News reported that Trump was close to ordering strikes on Iran's infrastructure, but in his latest remarks, Trump said he would not specify whether he would destroy Iran's bridges and power plants. (Jin Shi)

Odaily报道: Despite Bitcoin's continued pressure in recent times, with a drop of over 50% from its October high and the price briefly falling below the $60,000 mark, Anthony Pompliano, Chairman and CEO of ProCap Financial, stated that this correction could be "one of the healthiest bear markets" in Bitcoin's history, and that the market bottom may be gradually approaching. He believes that as institutional investors continue to enter the market, Bitcoin's volatility is steadily decreasing.

Odaily reported that US stock declines have widened again, with the Nasdaq falling nearly 1.5%, the Dow down 1.2%, and the S&P 500 down 0.94%. Trump previously stated that he would resume strikes against Iran. Trump also revealed that he will soon hold a meeting with 12 top artificial intelligence company executives. (Jinshi)

Odaily报道 Trump stated that Iran was hit hard yesterday and will be struck again today, adding that he will see how the agreement develops. (Jin Shi P)

Odaily: Trump says he will carry out a strong strike against Iran and has the authority to resume strikes on Iran. (Jin10)

Odaily reported that OpenAI founder Sam Altman revealed that the company is developing a new generation of AI models and is expected to complete its initial public offering (IPO) within the next year. Altman noted that factors influencing the IPO timeline include the funding needed to secure computing resources and progress toward achieving self-evolving AI. (The Information)