Odaily reported that Trump said he would meet with negotiators later that day to discuss Iran’s latest proposal and will likely decide whether to resume war by Sunday. Trump stated that he has a "50/50" attitude toward whether a "good" deal can be reached, or whether to bomb Iran. (Jin Shi)

Odaily reported that Iranian Foreign Ministry Spokesperson Baghaei said in an interview with IRIB on the 23rd that the current focus of negotiations is on ending the "imposed war," without delving into nuclear issues for now, and Iran and the US are working hard to finalize a memorandum of understanding. Baghaei stated that the current phase of negotiations does not involve nuclear issues or the specific details of corresponding sanctions relief. However, Iran's demands for lifting sanctions, especially releasing frozen assets, have been clearly written into the text of the 14-article memorandum of understanding.

He said that the reason Iran is not delving into nuclear issues at this stage is because it believes nuclear issues have twice been used as a pretext for waging war against Iran. Currently, Iran is focusing on promoting the end of the war on "all fronts," including Lebanon, and may enter negotiations on nuclear issues in the next phase, 30 or 60 days later. (Xinhua News Agency)

Odaily reported that Toncoin officially announced its cross-chain bridge and Token Bridge (bridge-v3.ton.org) will permanently close on September 1, 2026. During the transition period before the closure, all proportional cross-chain fees have been waived. The official reminds users who have used the bridge to promptly check their wallets and withdraw any unprocessed or unrecovered assets before the deadline. After September 1, 2026, the cross-chain bridge will stop all transfer functions.

Users holding Wrapped TON on Ethereum or BNB Smart Chain should bridge it back to the TON network via bridge-v3.ton.org before the deadline. Those holding j-tokens such as jUSDT, jUSDC, jDAI, and jWBTC need to bridge them back to the Ethereum network.

All submitted transfers have been processed. For transfers that have been executed but not yet claimed, the on-chain fees have been covered and settled by the system. Starting from June 2026, the bridge oracles will exit staking but will continue operating until the final closure. Users must complete all asset migration before the deadline to avoid assets becoming unable to be cross-chain operated.

Odaily Odaily Planet Daily News: According to the Financial Times, mediators said the United States and Iran are close to reaching an agreement to extend the ceasefire for 60 days.

Furthermore, Saudi media outlet Alhadath reported that Iran has proposed maintaining uranium enrichment levels below 3.6% for 10 years and reducing over 20% of enriched uranium domestically. Iran has confirmed it will commit in a memorandum of understanding to not develop nuclear weapons, while demanding the right to limited uranium enrichment be retained in any agreement. (Jin Shi)

Odaily reported that Hyperliquid has recently significantly outperformed the broader market. Its token, HYPE, hit an all-time high following the launch of two related ETFs in the United States. Meanwhile, European traders are accelerating their migration to the platform due to restricted access to perpetual contracts on regulated exchanges. Market analyst Michael van de Poppe stated that with Hyperliquid's continued rally and renewed interest in AI-related crypto projects, signs of improving risk appetite are emerging in the altcoin market. Hyperliquid’s expansion into tokenized stocks, commodities, and pre-IPO assets is strengthening the on-chain asset tokenization trend. He suggested that if market sentiment continues to improve, HYPE’s price could target $100 or even higher.

However, Michael van de Poppe also stressed that while Hyperliquid holds a short-term advantage, Solana offers greater long-term investment certainty, transitioning from a "speculative ecosystem" to institutional-grade infrastructure. In the AI track, he noted that NEAR Protocol and Bittensor remain significantly undervalued, citing a disconnect between their fundamental growth and valuations. He pointed out that NEAR’s revenue growth potential and Bittensor’s subnet expansion could support higher valuation ranges. Additionally, he indicated that the privacy sector retains long-term demand, but fully anonymous systems face regulatory pressure. The future is more likely to be dominated by zero-knowledge proofs and compliant privacy solutions.

On the macro level, Michael van de Poppe highlighted that bond yields and central bank policies remain the core drivers of the crypto market, with changes in Japanese government bond yields potentially serving as a key barometer. (CoinDesk)

Odaily Planet Daily News: The whale named "La Na", ranked 19th on Binance Futures' 90-day live trading leaderboard, has closed a long NEARUSDT perpetual contract at an average price of 2.1728 USDT, with a total value of 19,396.46 USDT. Currently, this whale's overall open position has an unrealized loss of $19,000, and still holds:

1. A long GENIUS position with 5x leverage, with an unrealized profit of 5,236.42 USDT and a return rate of 102.92%.

2. A long TRUMP position with 10x leverage, with an unrealized loss of 39,782.6 USDT and a return rate of -321.82%.

3. A long Binance Life position with 4x leverage, with an unrealized profit of 63,454.79 USDT and a return rate of 335.13%.

Odaily Odaily News: U.S. Secretary of State Marco Rubio stated that some progress has been made in the talks with Iran. We may have an announcement regarding Iran in the coming days.

Iranian Foreign Ministry Spokesperson Esmaeil Baghaei stated that the core purpose of Pakistani Army Chief of Staff General Asim Munir's visit to Iran was to transmit and exchange specific information between Iran and the United States. He said, "At this stage, all our core focus is on ending this 'imposed war'."

Baghaei indicated that the two sides have conducted several rounds of intensive exchanges of views on the different clauses of the proposal. In-depth discussions have been held on issues where there are serious disagreements. Given the traditionally contradictory stance of the United States, Iran cannot currently assert that a fundamental shift will occur in this negotiation process. He said, "Our perspectives have indeed moved closer, but this does not signify an agreement has been reached; it merely allows us to explore a possible solution."

An Iranian official stated that Iran has reached a Memorandum of Understanding with the Pakistani mediators and is awaiting a response from the United States. The proposal includes: ending the war, lifting the blockade, reopening the Strait of Hormuz, and withdrawing U.S. forces from the conflict zone. The nuclear issue is currently excluded and may be discussed after 30 days. The Iranian side indicated that it cannot offer further concessions. (Jinshi Data)

Odaily Planet Daily News: Nasdaq-listed Ethereum treasury company SharpLink announced on Platform X that it will be included as a constituent stock in the Russell 2000 and Russell 3000 indices. This inclusion will take effect at the opening of the US stock market on June 29, 2026, coinciding with the semiannual rebalancing of the Russell indices.

Odaily Planet Daily News Iranian Foreign Ministry Spokesperson Esmaeil Baghaei stated that efforts are currently focused on finalizing a Memorandum of Understanding with the United States, adding that the current mediation process with the US is "time-consuming and laborious" because the hostility from the US dates back decades. "We discussed some points and wordings where differences still exist, and put forward proposals, some of which are still under consideration as parties express their views," Baghaei was quoted as saying by the Islamic Republic News Agency. Baghaei also thanked Pakistan for its mediation efforts.

Esmaeil Baghaei stated that Iran has decided to focus negotiations on ending wars across all fronts, including Lebanon. The details of the nuclear issue will not be discussed at this stage; whether discussions on the nuclear issue will begin after 30 days or 60 days is a matter for later. (Jin Shi)

According to Saudi media outlet Alhadath, Iran has proposed reopening the Strait of Hormuz in exchange for receiving compensation from the United States. Iran demands discussions on sanctions and frozen assets before signing any agreement. (Jinshi)

Odaily reported that Alex Thorn, Head of Research at Galaxy, stated on platform X that spot Bitcoin exchange-traded products continued to see capital outflows this week, with net outflows reaching $1.2 billion, making it the third most severe week of outflows since 2026.

Odaily Odaily reports that the proposed U.S. crypto market structure bill, the "Clarity Act," could foster a new "Yield-as-a-Service" market in the crypto industry. It may also push the sector away from a passive "hold-to-earn" model toward an AI-driven compliant yield infrastructure.

Currently, the core of the debate centers on Section 404 of the bill, which would prohibit Digital Asset Service Providers (DASPs) from directly offering yields solely based on users holding a specific digital asset. Joe Vollono believes this means the industry will shift from "Hold-to-Earn" to "Use-to-Earn," making the future market more reliant on active and compliant yield strategies.

Joe Vollono, Chief Business Officer at STBL, stated that the bill could drive development in areas such as DeFi infrastructure, treasury management, collateral management, automated capital management, on-chain lending, and reward systems. AI is expected to become a crucial foundational layer for coordinating regulated capital flows.

At this stage, the Clarity Act has passed the U.S. Senate Banking Committee. It is expected to move next to a full Senate vote, where it will be reconciled with the version from the Agriculture Committee. The market generally believes this bill could, for the first time, establish a complete regulatory framework for the U.S. digital asset market, clearly defining the regulatory boundaries between the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission for digital assets. This would pave the way for large institutional capital to enter the crypto market. (CoinDesk)

Odaily Odaily reports that U.S. President Donald Trump has convened a meeting with his national security team. No formal decision has been made on launching a new military strike against Iran, but he expressed a willingness to give diplomatic negotiations "more time." According to the Wall Street Journal, citing multiple U.S. officials, Trump was briefed on relevant dialogues underway in Iran and stated he wants to give diplomacy "more time," while reserving the option of a military strike if talks break down.

The report said mediators are pushing forward with diplomatic consultations. The current urgent goal is not to reach a formal U.S.-Iran agreement, but first to finalize a document similar to a memorandum of understanding, aimed at extending the ceasefire and setting a framework for further negotiations. The two sides are currently deadlocked over which issues should be included in the negotiation framework and which should be left for later discussion.

According to U.S. officials, if this limited agreement still cannot be reached, the U.S. and Israel could launch short-term military strikes against Iran within days to pressure Tehran into making concessions. Currently, some of Trump's advisors and conservatives believe that limited strikes on Iran could give the U.S. more bargaining leverage. (Xinhua News Agency)

Odaily Odaily Planet Daily News: Changle Securities has issued a further explanation regarding recent regulatory matters concerning China's cross-border securities business. Changle Securities stated that the Hong Kong Securities and Futures Commission (SFC) and the China Securities Regulatory Commission (CSRC), along with other Mainland regulatory authorities, have recently released the latest regulatory requirements on cross-border securities business, establishing unified industry standards for services targeting Mainland investors. These regulatory rules apply to all overseas financial institutions. Changle Securities actively responds to the regulatory guidance from both regions and will steadily advance its compliance work in strict accordance with the relevant requirements.

Changle Securities stated that the scope of account clean-up required by this regulation is limited and clearly defined, primarily targeting two types of accounts: first, investment accounts opened using suspicious or forged documents; second, investment accounts with zero balance and no activity. Customer accounts that were opened normally and compliantly and hold real assets and positions are not within the scope of this clean-up. Changle Securities firmly supports the regulatory stance of zero tolerance for fraudulent account openings and will handle the matter strictly in accordance with regulatory requirements. (E Company)

Odaily reports that, according to on-chain analyst Ai Yi's monitoring, an address placed a limit buy order for ETH on Cowswap on April 20th, with a price range of $1,840.9 to $2,076.38 and a total value of $20.68 million. From early this morning until now, 3,942.3 ETH of this order has been filled, with a transaction amount of $8.15 million and an average price of $2,067. At the time of the order placement, the ETH price was approximately $2,276.

Odaily reported that Binance Wallet announced on platform X that Binance Alpha will launch Solstice (SLX) on May 25. Eligible users can go to the Alpha page to claim the airdrop using Alpha points after trading opens. More details will be announced soon.