Odaily reported that Mohsen Rezaei, a long-time adviser to Iran's late Supreme Leader Ali Khamenei and former commander of the Islamic Revolutionary Guard Corps, stated that Iran will not allow the United States to reopen the Strait of Hormuz based on "an unrealistic plan" and then exit the conflict "without paying any compensation for all the damage caused to Iran." This statement was made in response to the 14-point proposal submitted to Iran by Washington through negotiators.
Rezaei emphasized that for negotiations between Iran and the United States to yield satisfactory results, they must include "tangible benefits," not the "superficial gestures" that the US is attempting to offer. He stated that even if the US withdraws its troops from the region, Iran will still demand its rights and war reparations. Rezaei also added: "We have endured them for 47 years, and we will continue on the path of resistance." (Jin Shi)
Odaily Planet Daily reports that Iran has introduced new regulations for transit through the Strait of Hormuz, requiring the submission of multiple categories of information. (Jin Shi)
Odaily Odaily reported that Strategy (formerly MicroStrategy), led by Michael Saylor, has been accelerating its Bitcoin acquisitions this year. JPMorgan analysts stated that if the current pace continues, the company's total Bitcoin purchases for the year could reach approximately $30 billion. So far this year, Strategy has added 145,834 Bitcoin to its holdings, valued at around $11 billion. Analysis indicates that a significant portion of the company's purchases occurred when Bitcoin was below its average cost of roughly $75,000, reflecting a more "opportunistic" allocation strategy.
At the current rate, Strategy's total Bitcoin purchases in 2026 could significantly exceed the approximately $22 billion levels seen in 2024 and 2025. Analysts noted that the company has re-accelerated its buying since April, suggesting its strategy is becoming more dependent on market conditions and financing availability. Meanwhile, Strategy's stock continues to trade at a premium of approximately 26% to its net asset value (NAV), providing favorable conditions for the company to continue purchasing Bitcoin through equity and debt financing. The company currently holds approximately 818,334 BTC, with a total value exceeding $65 billion. (The Block)
Odaily Planet Daily News: Major Japanese banks and securities firms are advancing plans to establish a 24/7 trading mechanism for Japanese government bonds (JGBs) by 2026, and to push forward the transition of JGBs into digital securities. The plan will migrate the registration and management of JGBs to a blockchain (distributed ledger) system, enabling the on-chain processing of issuance and circulation. Additionally, a stablecoin system will be introduced at the settlement layer to achieve low-cost, high-speed fund settlement without the need for traditional bank intermediaries, thereby improving the capital efficiency of institutional investors. Furthermore, traditional securities such as bonds will be issued and traded on-chain in the form of digital securities, driving the evolution of the JGB market into an around-the-clock, programmable financial infrastructure. (Nikkei)
Odaily reported that the Iranian Foreign Ministry spokesperson told Iranian media on the 7th that Iran has not yet reached a conclusion on the U.S. proposal and has not responded to the U.S. side.
According to sources, a classified analysis by the U.S. Central Intelligence Agency (CIA) this week concluded that Iran could withstand a U.S. naval blockade for at least three to four months before facing more severe economic difficulties. The analysis also suggested that despite weeks of intense bombing by the U.S. and Israel, Iran still retains a significant ballistic missile capability.
A U.S. official stated that Iran currently maintains approximately 75% of its pre-war mobile launcher inventory and about 70% of its missile stockpile. The official said there is evidence that the Iranian regime has been able to restore and reactivate almost all underground storage facilities, repair some damaged missiles, and even assemble new missiles that were nearly completed at the outbreak of the war.
Iran's ability to endure prolonged economic hardship is even stronger than the CIA assessment. "The Iranian leadership has become more radical, more determined, and increasingly believes it can exhaust U.S. political will while suppressing any opposition through domestic repression. It is not uncommon for regimes to survive for years under long-term embargoes and pure aerial bombing campaigns," the source said. Iran is storing some of its oil on tankers that would otherwise be idle due to the blockade, while reducing oil field output to keep wells operational. U.S. officials said that if Iran can smuggle oil overland, the CIA may have underestimated Iran's economic resilience. (Jinshi)
Odaily reported that during a podcast conversation between CZ and Ark Invest founder Cathie Wood, Cathie Wood clarified her previous comments regarding the "1011 flash crash" market event. She stated that Binance did not actually trigger the crash; rather, the steep decline caused the malfunction, and the combined effect of tariff-related panic amplified market vulnerabilities. CZ expressed gratitude to Cathie Wood for the clarification.
Odaily News: sato has released a new mechanism documentation, providing further explanations on the operational logic of the Curve. The documentation reveals that sato's Bonding Curve is not a completely symmetrical exchange system; users employ different pricing logics for minting and burning, with the burn price being structurally lower than the mint price due to correction factors.
According to the documentation, the sato team defines the Curve as an "issuance system + final repurchase pool," rather than a fully redeemable backstop mechanism. The Curve is primarily responsible for issuing tokens in the early stages. Once external market liquidity matures, it transforms into a "buyer of last resort," providing on-chain repurchase functionality when secondary market liquidity is insufficient.
Earlier, some community developers pointed out that there is a state mismatch between ethCum and totalMintedFair within the sato Hook. This mismatch causes users to "buy at a higher Curve price and sell at a lower Curve price," where some ETH remains in the Hook reserve but cannot be fully redeemed through the selling path. Request Flash.
Odaily Planet Daily reports: According to Coinglass data, total liquidations across the entire network exceeded $62.84 million in the past hour, with long positions liquidated at $59.6 million and short positions at $3.24 million. Additionally, ETH liquidations reached $29.6 million, while BTC liquidations amounted to $23.64 million.
Odaily reported that Solv Protocol has announced the migration of over $700 million in tokenized Bitcoin assets to Chainlink's cross-chain protocol CCIP, and will gradually phase out LayerZero's bridging support across multiple chains. The migration involves core assets such as SolvBTC and xSolvBTC. Solv stated that the decision is based on the latest security reviews and recent cross-chain security incidents, and CCIP will become its standard cross-chain infrastructure. This move follows Kelp DAO's migration of approximately $290 million in assets to Chainlink, further strengthening the trend of "cross-chain infrastructure shifting toward security-first migration." (CoinDesk)
Odaily reported from Consensus Miami 2026 that CZ stated YZi Labs currently allocates 70% of its funds to blockchain, 20% to AI, and 10% to biotechnology. He said BNB should be positioned as the native currency for AI agents, and emphasized that all blockchains need to be "AI ready," supporting agent payments and AI tool protocols like MCP. Cryptocurrency should be the most native method for AI agents to conduct cross-border payments. Regarding RWA, CZ mentioned that he believed RWA was overvalued a year ago but has now changed his view, recognizing that RWA is real and currently undervalued.
According to Odaily Planet Daily, on-chain analyst Ai Yi monitored that over the past 11 hours, address 0xe5f…cceaf purchased $480,000 worth of SATO at an average price of $1.4304, buying right at the peak. This makes it the address with the highest purchase amount in the last 24 hours (and also the new second-ranked address), currently facing an unrealized loss of $276,000. 23 hours ago, it withdrew 1.23 million USDC from Hyperliquid, likely for position building. The wallet still has 750,000 USDC unused, and SATO is its only Memecoin. Although it has dropped significantly, it has not reduced its position for now.
Odaily reported that, according to Lookonchain monitoring, U.S. Bitcoin ETFs recorded a net inflow of 261 BTC today, Ethereum ETFs had a net inflow of 663 ETH, and Solana ETFs saw a net inflow of 240,595 SOL.
Odaily reported that during a podcast conversation with Cathie Wood, CZ stated, "Wall Street and crypto should essentially become the same industry." He pointed out that Binance's current user base of approximately 320 million is driving strong demand for high-quality Real World Assets (RWA), and tokenization is accelerating the entry of assets such as gold, crude oil, and stocks onto on-chain markets. The trend of tokenization is making traditional assets more accessible to crypto-native investors, while geopolitical volatility has established the "24/7 global market" as the new normal for the financial system. Furthermore, while traditional financial institutions were the most vocal skeptics of the crypto industry back in 2015, they have now gradually shifted towards participating in construction and infrastructure deployment, with industry boundaries rapidly converging.
Odaily reported that mETH Protocol has announced it will gradually wind down operations of its liquid restaking token (LRT), cmETH, in order to refocus on the long-term direction of the protocol. According to the official statement, aside from cmETH, all other mETH Protocol products will continue to operate normally. cmETH holders can still proceed with redemptions and cross-chain operations, while mETH stakers do not need to take any action.
Official disclosures reveal that since its launch, cmETH had grown to become one of the most integrated LRTs, with a peak TVL of $620 million. However, after reassessing the current development of the restaking sector, the team believes that shutting down cmETH is a more prudent choice. The timeline is as follows:
Starting May 7, 2026, the cmETH minting function has been disabled;
Around mid-June 2026, the final EigenLayer reward distribution will take place;
On November 7, 2026, the window for claiming historical cmETH activity rewards will officially close.
Odaily reports that the Nasdaq Composite Index has risen to hit 26,000 points, last trading at 26,017 points, up 0.68% on the day. Nvidia's stock price rose 2.97%, Microsoft's stock price gained 2.37%, and Tesla's stock price increased by 3.66%. (Jin10 Data)
