Odaily Planet Daily News: Tech giant IBM has announced plans to invest over $10 billion in the field of quantum computing over the next five years, further intensifying its focus on this cutting-edge technology track, with the goal of building the world's first large-scale quantum computer capable of stably and accurately executing complex computing tasks by 2029.

IBM stated that the $10 billion investment will cover multiple areas, including R&D expenditure, capital expenditure, ecosystem cooperation, manufacturing capacity expansion, and mergers and acquisitions. The company will also invest $1 billion in Anderon. In the future, Anderon will not only serve IBM itself but also provide its chip manufacturing technology to external customers. Currently, the company has begun engaging with potential customers. (Reuters)

Odaily, AI unicorn Anthropic has announced the launch of the CLAUDE OPUS 4.8 version.

Additionally, officials from the European Commission are planning to meet with Anthropic to obtain more information about the company's Mythos model and request that it be made available to the EU. Since Anthropic revealed that the model is exceptionally adept at finding network vulnerabilities and may pose significant cybersecurity risks, the EU has been pushing for access to Mythos. According to sources familiar with the matter, any final decision regarding the EU's access to Mythos may require approval from the U.S. government.

Odaily Planet Daily News Bloomberg ETF analyst James Seyffart posted on platform X, stating that Grayscale has submitted the fourth amendment to the Hyperliquid ETF, moving closer to its official launch, though fee information has not yet been disclosed. The latest revision shows that Hyper Holdings Global LP plans to provide approximately 2 million HYPE tokens as seed capital investment, valued at around $113 million at current prices.

Odaily reported that Morpho announced on X platform the release of the Morpho Midnight whitepaper, unveiling a new non-custodial protocol specifically designed for fixed-rate, fixed-term credit markets. Meanwhile, the complete Midnight codebase has been open-sourced, and developers can directly access it via GitHub.

Odaily reported that OpenAI has released the Frontier Governance Framework, systematically elaborating on how its AI safety and governance practices align with emerging regulatory requirements such as the California Frontier AI Transparency Act and the EU's General-Purpose AI Code of Conduct. Based on OpenAI's existing Preparedness Framework, this framework focuses on areas including cyberattacks, CBRN risks, harmful manipulation, loss of control risks, model reporting, security incident response, and external expert review. It also states that it will be continuously updated as model capabilities and the regulatory environment evolve.

Odaily reports that Coinbase has announced the addition of o1[.]exchange (O) to its listing roadmap.

Odaily reports, according to Arkham monitoring, former largest HYPE long holder Loracle has just unstaked $51.3 million worth of HYPE, and the market widely expects it to sell off.

Odaily Odaily reports that Federal Reserve official Musalem stated that scenarios exist where the economy may require rate hikes. He believes there is a risk that inflation may not converge to the target as desired, and the baseline outlook is that it will take longer for inflation to return to target levels. (Jinshi)

Odaily reported that United Texas Bank announced it has received approval from the Office of the Comptroller of the Currency (OCC) to convert its state bank charter into a national bank charter. This conversion allows the bank to directly access the Federal Reserve payment system (ACH and Wire) while maintaining FDIC insurance coverage. Consequently, it will provide more stable US dollar banking channels for crypto exchanges, OTC trading desks, and stablecoin-related businesses, addressing US dollar settlement and liquidity issues in the crypto market. (FinanceFeeds)

Odaily Odaily reported that for the week ending May 22, the U.S. EIA strategic petroleum reserve inventory decreased by 9.063 million barrels, compared with the previous value of -9.92 million barrels.

For the week ending May 22, the U.S. EIA crude oil inventory decreased by 3.327 million barrels, compared with an expected decrease of 4.143 million barrels and a previous decrease of 7.863 million barrels.

For the week ending May 22, the U.S. EIA crude oil inventory at Cushing, Oklahoma decreased by 2.794 million barrels, compared with a previous decrease of 1.604 million barrels. (Jinshi)

Odaily News According to Adam, a macro researcher at Greeks.live, who posted on platform X, Bitcoin has fallen below the dense Gamma Exposure (GEX) zone of options, with subsequent resistance from upper-level positions gradually weakening. Ethereum (ETH) has also broken below its GEX concentration zone near $2,000, weakening its short-term structural support.

Although the BTC price has entered a relatively sensitive area, the Implied Volatility (IV) has not risen significantly. The IV across all tenors remains below 40%, with longer-dated tenors continuing to decline. The three consecutive days of decline have also failed to effectively push up short-term IV, indicating that the market has not yet priced in significant panic.

Currently, the implied probability for options expiring in May is approximately 20%. Tomorrow's monthly settlement is expected to significantly reshape the current option position structure. Overall, the market is still monitoring the effectiveness of key support levels, and the demand from large position holders to hedge against the risk of further breakdowns has not materially increased.

Odaily Odaily reported that Bitget CEO Gracy Chen posted on platform X, stating that the core difference of the newly launched Reality lies in liquidity, offering native depth of the US stock market. Most RWA US stock products on the market have fragmented underlying liquidity, rely on a small number of market makers, suffer from insufficient depth and severe slippage, and are disconnected from the real US stock trading experience. Reality is a pure spot product without leverage, fully consistent with the rules of trading US stocks on traditional brokerages, and does not introduce any additional risk. It currently supports 24x5 hour trading and will continue to advance towards round-the-clock 24x7 trading.

Odaily Odaily reports that Coinbase has released its Q1 2026 Solana validator report, disclosing its staking scale, infrastructure upgrades, and network optimization progress. The report reveals that Coinbase has staked approximately 40.48 million SOL on the Solana network, accounting for 9.52% of the total network stake.

The report also notes that Coinbase has implemented a near-zero-downtime (ZDD) upgrade mechanism. Through hot-swapping and dual-signature protection, it ensures that validator update processes do not compromise network security and stability. It supports multi-client systems such as Harmonic, Jito, JitoBAM, Firedancer, and Rakurai to enhance the diversity and resilience of the Solana validator ecosystem, while avoiding the centralization risks associated with a single scheduling policy.

Odaily Odaily讯 Despite reports of a draft memorandum of understanding between the US and Iran on a 60-day ceasefire and nuclear program discussions, the cryptocurrency market remains under pressure, with Bitcoin falling below $73,000, down about 2.7% in 24 hours. US stock and bond markets were boosted, with the Nasdaq rising 0.6% and WTI crude oil prices falling below $90 per barrel.

On the macro level, the first inflation report under new Fed Chair Warsh showed that the US core Personal Consumption Expenditures (PCE) index rose 3.8% year-over-year in April, the highest level in nearly three years, up from 2.8% in February. Olu Sonola, Head of US Economics at Fitch Ratings, stated that inflationary pressures could persist in the coming months, making it difficult for the Fed to ignore this supply shock driving underlying inflation.

Market analysis points out that in the short term, positive macro factors have significantly boosted stock markets and oil prices, but the crypto market lacks similar direct stimulus, and Bitcoin and other digital assets continue to face selling pressure. (CoinDesk)

Odaily reported that since the end of April, bearish bets on U.S. and Canadian stock markets have rapidly expanded. Data from S3 Partners LLC shows that total short positions have increased by nearly $100 billion, reaching $2.13 trillion, the highest level since the agency began tracking in 2010. Meanwhile, data from Goldman Sachs' prime brokerage business shows that the median net short interest as a percentage of market capitalization for S&P 500 index components has risen to 3%, the highest level since the end of 2011.

The Goldman Sachs trading desk views this positioning structure as a key signal of change, suggesting that the next phase of upward momentum for the market may come from a "short squeeze" driven by short covering, rather than continuing to rely on the rally expansion led by large-cap tech stocks over the past two months.

A team composed of Gail Hafif, Brian Garrett, and Lee Coppersmith pointed out: "We do see the potential for the market to move higher from current levels, but the next leg of the rally is more likely to be fueled by short covering in out-of-favor market sectors and risk aversion towards the momentum frenzy."

Odaily reports that Amichai Stein, a reporter for Israel's i24News, citing an insider, stated 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 did not give his consent. In fact, at present, it may only be a consensus reached between Iranian Foreign Minister Araqchi, Parliament Speaker Qalibaf, US Special Envoy for the Middle East Witkoff, and his team. However, the true high-level leadership of Iran, the ultimate decision-makers, have not yet said "yes." (Jinshi)