Odaily Odaily According to Iran's Tasnim News Agency, Iranian military spokesperson Akraminia stated on Sunday that, based on the Islamabad Memorandum of Understanding, the responsibility for managing maritime traffic in the Strait of Hormuz lies with Iran.
He stated that the US attempt to impose an unauthorized route in the southern Strait of Hormuz violates its commitments under the Islamabad Memorandum of Understanding. He noted that Washington has a long history of failing to fulfill its international promises, and the same problem exists in the current understanding reached between the US and Iran.
Akraminia added that Iran is taking a peaceful and cooperative approach by developing joint navigation arrangements for the strategic waterway in cooperation with Oman. He stated that US interference undermines regional security and urged Washington to adhere to the memorandum, respect regional stability, and take into account the interests of regional countries.
Akbarinia also warned that each time the US attacks Iranian islands, coastal areas, or facilities, it has received a firm response, and the US operation on Saturday night was immediately retaliated against. He further stated that the Iranian armed forces have continuously enhanced their combat readiness before and after the ceasefire, utilizing the ceasefire period to improve military capabilities while constantly updating operational plans to address various scenarios. He finally warned the US to cease its destabilizing interventions in the region. (Jin Shi)
According to Odaily, BTC is approaching the lower support line of the long-standing power law price model, approximately $58,000, indicating it is nearing a historical accumulation zone. Bitcoin's undervaluation relative to its trend line and to gold has dropped to levels seen at the bottoms of 2018 and 2022, but Fidelity's Jurrien Timmer has not yet declared it to have bottomed.
Timmer expects that, in the absence of a liquidity catalyst, Bitcoin may trade sideways near the support level for several months. He noted that speculative capital has rotated from Bitcoin into gold and is now flowing into semiconductor stocks. (CoinDesk).
1. Two hackers spent a total of 11.718 million DAI to purchase 6,454.7 ETH today;
2. Survey: Probability of US economic recession drops to 25%, down from 33% in April;
3. Serenity: Institutions begin repricing humanoid robot businesses, China's total production capacity expected to reach 100,000 units by year-end;
4. An address profited $14,400 from trading CASHCAT in 6 days, a return rate of 1,211.4%;
5. Bitcoin mining companies' AI infrastructure index falls 16% in the past month, insider selling by executives including TeraWulf;
6. Iran states it "controls and maintains" the Strait of Hormuz with strength;
7. Polymarket's weekly revenue surpasses $11 million, reaching an all-time high;
8. Coinbase Bitcoin premium index records negative premium for 55 consecutive days, setting a new longest record.
"White-Haired Stock Guru" Serenity posted on X platform, pointing out that IBK Research released a report last month on the Boston Dynamics supply chain. The report indicates that Boston Dynamics plans to achieve an annual production capacity of 30,000 units only by 2028, while Chinese robot manufacturers are expected to reach a total production capacity of 100,000 units by the end of 2026. This may lead institutions to begin revaluing the humanoid robot sector.
In terms of the competitive landscape, the U.S. camp includes Tesla, Figure, Apptronik, and Agility Robotics, while Boston Dynamics is controlled by South Korea's Hyundai Motor Group. Major Chinese players include Unitree Robotics, Fourier Intelligence, AGIBOT, UBTECH Robotics, and XPeng Robotics. European companies include Neura, Pal Robotics, Wandercraft, and Oversonic.
Additionally, IBK Research estimates that Atlas shipments will reach 11,290 units by 2028, and will increase to 20,000, 30,000, 40,000, and 50,000 units respectively between 2029 and 2032. However, Serenity questioned this linear growth model, arguing that the actual volume ramp-up curve is more likely to follow an S-curve. Serenity predicts that shipments could reach 15,000 to 20,000 units by 2028, increase to 40,000 to 70,000 units by 2029, and further rise to 90,000 to 140,000 units by 2030.
Odaily reported that sources revealed Nvidia has decided to temporarily abandon the adoption of TSMC's COUPE technical solution. Nvidia's previous "Plan A" was based on TSMC's COUPE co-packaged optics platform, utilizing 8-wavelength DWDM and approximately 50 to 64G NRZ modulation technology. The latest "Plan B" shifts to Tower Semiconductor's silicon photonics platform, adopting a 16-wavelength DWDM and 200G/400G PAM4 modulation solution.
Odaily: According to a Wall Street Journal survey, the probability of a U.S. economic recession has dropped to 25%, down from 33% in April. (Golden Ten)
Odaily reported that, according to a Wall Street Journal survey, economists expect the U.S. Consumer Price Index (CPI) inflation to be 3.4% this year, up from 3.2% in the April survey.
According to Onchain Lens monitoring, 250.3 million WEN, worth approximately $2.3 million, have flowed into a wallet linked to Peter Saddington. After 13 wallets purchased WEN early, they transferred all their WEN holdings to this associated wallet. The wallet currently holds 25.03% of the total WEN supply on RobinhoodCrypto. The entire address cluster spent only about $3,268 worth of ETH to acquire 250.3 million WEN.
Odaily reports that the Coinbase Bitcoin Premium Index has been in a negative premium range for 55 consecutive days, from May 19 to date, with the latest reading at -0.0072%. Previously, the index recorded 40 consecutive days of negative premium from January 16 to February 24 this year, setting a record for the longest consecutive negative premium since the indicator's launch, exceeding the approximately 30 consecutive negative premium days during the "1011 crash" period.
Odaily News On the 12th local time, after Iran announced the re-closure of the Strait of Hormuz, commercial shipping traffic in the strait dropped sharply. According to commercial shipping tracking data cited by Iranian authorities, only 11 commercial vessels passed through the Strait of Hormuz in the past 24 hours, including 8 oil tankers and 3 cargo ships.
Early on the 12th local time, the Islamic Revolutionary Guard Corps Navy issued a statement saying it had fired warning shots at a vessel in the Strait of Hormuz. The statement said that due to the unsafe situation caused by "illegal intervention by foreign forces," the Strait of Hormuz would be temporarily closed until further notice. No vessels are permitted to pass until the United States ends its intervention in the region. (CCTV News)
