Odaily Planet Daily News Gate data shows that both WTI and Brent crude oil continue to decline, both falling below the $100 mark, currently reporting at $99.6/barrel and $99.7/barrel respectively.

Odaily News, May 21st (local time) – Iranian Foreign Ministry Spokesperson Baghaei stated in a media interview that, at this stage, the focus of negotiations is to end wars on all fronts, including Lebanon. Media reports concerning nuclear issues, including matters or debates related to uranium enrichment, are merely speculative and lack credibility. He also noted that accurate information regarding the details of the negotiations will be provided by authorized officials and the spokesperson of the negotiating team. (CCTV News)

Odaily reported that, according to the Islamic Republic News Agency (IRNA) citing Al Arabiya, with Pakistan's mediation, the final draft of the U.S.-Iran agreement has been reached and is expected to be announced within the next few hours. (Jinshi)

Odaily reported that the cross-chain settlement protocol Everclear announced on platform X the closure of its Foundation, Labs, and product development. The core reason is that although its solver-based cross-chain fund rebalancing model has reached a monthly trading volume of $500 million, user price sensitivity has made it difficult to convert this into substantial revenue. The DAO will continue to operate and explore open-sourcing the protocol. If any remaining funds are available, consideration will be given to a CLEAR token buyback. Currently, the official party has not yet disclosed a specific closure timeline, asset disposal plan, or follow-up arrangements for user funds.

Odaily reports that U.S. mortgage rates have climbed to their highest level since August last year this week, delivering another blow to homebuyers during what is typically the busiest season for home sales. Mortgage giant Freddie Mac announced on Thursday that the average rate on a 30-year fixed-rate mortgage rose to 6.51% this week, up from 6.36% the previous week.

Additionally, rising costs for home insurance and property taxes in many regions are also deterring potential buyers. The increase in mortgage rates this year has reversed the downward trend seen in the second half of 2025. Despite this, current mortgage rates remain lower than a year ago, and some buyers are entering the market as activity cools. According to data from the Mortgage Bankers Association, mortgage applications for home purchases declined from the previous week but were up 8% year-over-year. (Jin Shi)

Odaily: Trump responded to the delay in signing the AI executive order, saying he is "not satisfied with certain aspects." (Jinshi)

Previously, the White House canceled the original ceremony where President Trump was to sign new executive orders on artificial intelligence and cybersecurity. According to the notice, the event has been postponed to a later date.

Odaily reported that Trump said he is negotiating with Iran and will reach a deal one way or another. Regarding Iran and Oman imposing tolls on the Strait of Hormuz, Trump stated he is paying attention to the matter and does not want tolls to be charged in the Strait of Hormuz. He claimed the U.S. currently has full control over the Strait of Hormuz, that the U.S. blockade there is completely effective, and that new anti-drone technology not available two months ago has now been introduced. (Jin Shi)

Odaily reports that analysts from CryptoQuant have pointed out that, based on a comprehensive review of multiple miner indicators, Bitcoin miners have not yet exhibited behavioral characteristics that "confirm a market bottom," and are currently in a phase of waiting and cautious adjustment. Meanwhile, the Miner Position Index (MPI) remains in negative territory, indicating that current selling intensity is below historical averages. Miners are not in a panic-selling phase but are engaging in "passive selling" primarily to maintain cash flow, suggesting that the probability of an extreme short-term decline is relatively limited. Additionally, the Puell Multiple remains below 1, further indicating that miner revenues are at historically weak levels, and overall profitability is under pressure. However, the strong accumulation behavior typically seen at cycle bottoms has not yet appeared.

The analysis suggests that miners are currently in a "waiting phase," having neither triggered a capitulation-style sell-off nor entered an active accumulation cycle. This resembles a typical transitional state before a market bottom forms. Overall, while selling pressure from miners has eased, on-chain structures still show short-term supply pressure exists. Bitcoin is expected to continue its range-bound consolidation pattern, and market sentiment is likely to remain cautious in the near term.

Odaily reported that AI hardware startup Hark announced the completion of a $700 million funding round, reaching a post-investment valuation of $6 billion. This Series A round was led by Parkway Venture Capital, with participation from NVIDIA, AMD Ventures, ARK Invest, Brookfield, Greycroft, Intel Capital, Qualcomm Ventures, Salesforce Ventures, and others. The new funds will be used to expand GPU infrastructure and accelerate large model research and development. (Bloomberg)

Odaily reported that U.S. Secretary of State Marco Rubio told reporters on Thursday that if Tehran implements a toll system in the Strait of Hormuz, a diplomatic agreement between the United States and Iran would be difficult to reach. Rubio stated: "No one in the world supports this toll system. This must never happen. It is unacceptable. If they continue with this practice, it will make reaching a diplomatic agreement impossible. Therefore, if they try to do this, it would pose a threat to the world and is completely illegal."

Rubio also told reporters that some progress has been made in negotiations with Tehran to end the U.S.-Israeli war against Iran, but Washington is facing "a system that is somewhat fragmented itself." "There are some positive signs," Rubio said. "I don't want to be overly optimistic... So, let's see what happens in the coming days." (Jinshi)

Odaily reports, according to Lookonchain monitoring, "1011 Insider Whale" representative Garrett Jin has just deposited 30 million USDC into Hyperliquid.

Odaily Planet Daily News: Federal Reserve's Goolsbee stated that the US faces a fairly serious inflation problem, but the job market remains stable. (Jin Shi)

Odaily reports that crypto infrastructure TownSquare has announced the completion of a new Pre-A funding round, bringing its total financing to $16.25 million. Participants include the World Liberty Financial ecosystem fund, Auros Ventures, OKX Ventures, Moca Network, Amber Group, Arcane, SHV, Animoca Ventures, GEM, and others.

According to Lookonchain monitoring, US Bitcoin ETFs recorded a net outflow of 942 BTC today, valued at $72.66 million, with a 7-day net outflow of 15,915 BTC, valued at $1.23 billion; Ethereum ETFs saw a single-day net outflow of 15,222 ETH, valued at $32.44 million, with a 7-day net outflow of 114,871 ETH, valued at $244.79 million; Solana ETFs recorded a single-day net inflow of 8,312 SOL, valued at $723,000, with a 7-day net inflow of 203,326 SOL, valued at $17.69 million.

Odaily reported, citing market sources: The White House has postponed the signing ceremony for the artificial intelligence executive order.

NVIDIA CEO Jensen Huang previously stated that AI will become a trillion-dollar industry, the return on investment in AI is very clear and extremely impressive, and NVIDIA's (NVDA.O) stock performance is "a mystery in the universe." (Jinshi)