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Kraken Launches Bitcoin Vault Product

37 minutes ago

On May 27, Kraken launched its Bitcoin Vault product, allowing BTC holders to earn yields through DeFi protocols like Aave and Morpho.
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Circle and Nium Partner to Connect USDC Settlement to Global Payment Network

On May 27th, Circle, a financial technology service affiliate of Circle Internet Group, announced a strategic partnership with Nium, a global real-time cross-border payment infrastructure provider, to connect stablecoin settlements with a global payment network spanning over 190 countries. Per the announcement, Nium is joining the Circle Payment Network (CPN) as a global payment partner, granting financial institutions in the CPN network direct access to Nium’s disbursement infrastructure, which supports more than 100 local currencies. This collaboration enables financial institutions to settle transactions using USDC, seamlessly route funds into Nium’s payment infrastructure via the CPN network through a single integrated workflow, and easily convert local currency funds for transfer to global bank accounts, digital wallets, and payment cards.

4 minutes ago

「Photonics Oracle」: NVIDIA's Investment Helps Nokia Transform AI Infrastructure, with Insiders Increasing Holdings Actively in the Past Month

On May 27, top U.S. stock analyst KawzInvests (@KawzInvests) noted that over the past month, seven Nokia executives—including its CEO—have collectively purchased more than $2.5 million worth of the company’s stock, a signal the shares still hold significant upside potential. Back in April, KawzInvests published a bullish research thesis on Nokia, highlighting: “NVIDIA took a 2.9% stake in Nokia at $6.01 per share last October, marking a critical milestone in Nokia’s shift toward AI infrastructure. The company plans to upgrade roughly 100,000 cellular base stations worldwide into distributed AI computing nodes, enabling low-latency edge inference via RTX PRO 4500 Blackwell GPUs and addressing cloud latency challenges for factory robots.” Since April, Nokia’s share price has surged from $10 to $16.46—an increase of over 60%. KawzInvests boasts 100,000 followers on the X platform, with tweets centered on AI infrastructure, optical communications, and small-cap growth stocks. The accoun

4 minutes ago

The United States Targets Iran's New Goal, Prepares to Resume Strikes

U.S. officials told media outlets on May 27 that the Department of Defense has compiled a target list for potential military strikes inside Iran, in preparation for a possible decision by President Donald Trump to resume U.S. military action against the Islamic Republic. However, independent analysts caution that launching new strikes would face far greater challenges than previous operations targeting Iran. NBC News reports the Pentagon is weighing labeling a resumed military campaign "Operation Mjolnir," with targets including Iran’s Natanz and Isfahan nuclear facilities—sites targeted in a U.S. airstrike last June—as well as strategic oil installations on Kharg Island, power plants, military command centers, and communication infrastructure. Sources familiar with the plans noted that many of Iran’s previously struck targets fell into the "low-hanging fruit" category, as they were either stationary or not deeply buried in fortified bunkers. But current targets, such as mobile missi

4 minutes ago

U.S.-China Trade Truce Memorandum of Understanding Preliminary Informal Document Disclosure, Crude Oil Retreats on Short-Term Concerns, Gold Rises

May 27 (Iranian sources) – A preliminary, informal framework document for a Memorandum of Understanding (MoU) between Iran and the United States has been made public, covering issues including the Strait of Hormuz, regional military deployments, and terms for a future formal pact. Per the document, the U.S. has committed to lifting its so-called "maritime blockade" against Iran and withdrawing some military forces stationed near Iran. In return, Iran will restore commercial vessel traffic through the Strait of Hormuz to pre-escalation levels within 30 days—excluding military ships. Management of vessel passage and route arrangements will be jointly coordinated by Iran and Oman. If the U.S. and Iran reach a final binding agreement within 60 days, the terms could be formalized as a United Nations Security Council resolution. Market data from Bitget shows: WTI crude oil is trading down more than 5% at $91.4 per barrel; Brent crude is down roughly 4% at $92.6 per barrel. Spot gold has cl

4 minutes ago

Futu and Tiger Brokers' Stock Prices Soar, Continued Surge in Pre-market Trading Today

May 27 — Bitget data shows that Futu and Tiger Brokers’ stock prices saw a sharp rebound yesterday and are continuing to climb in today’s pre-market session. At press time, Futu was trading at $113.65 in pre-market hours, up 5.39%; its stock is just 20% shy of its daily upside limit ahead of the announcement of China’s cross-border securities rules. Tiger Brokers, meanwhile, was changing hands at $5.1 in pre-market trading, up 1.8%. Per today’s updates, the Hong Kong Monetary Authority (HKMA) announced three new mandatory measures for opening and managing accounts for mainland Chinese investors, and will conduct retroactive checks of account opening verifications dating back to January 2023.

4 minutes ago

The US ADP Employment Change for the week ending on May 9th showed a weekly variation of 35,750 jobs.

May 27 – U.S. ADP Nonfarm Employment Change for the week ended May 9 came in at 35,750, down from the prior reading of 42,250.

4 minutes ago