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5/15
08:57
Svmuu, Fidelity International portfolio manager Mike Riddell was skeptical of the prevailing view that global price pressures were easing before the outbreak of the Iran war. His contrarian bet at the time—that inflation was about to rise—has now paid off handsomely.
Months ago, he bought inflation swaps in the U.S. and the UK, essentially hedging against the risk of inflation running higher than expected. This was because he believed that even before the Iran war drove oil prices above $100 a barrel, the bond market (and most of his peers) had significantly underpriced inflation risks.
"Given the multiple rate cuts anticipated by global investors, the risk of conflict in the Middle East was absolutely not reflected in interest rates," Riddell said in an interview. While he has slightly reduced his position, he still holds the inflation swaps. (Jin Shi)
08:57
Svmuu reports that U.S. interest rate futures indicate the probability of a Fed rate hike by January next year is estimated to be over 50%. (Jin10)
08:54
According to OKX market data, HYPE briefly fell below 43.5 USDT and is now trading at 43.657 USDT, with its 24-hour gain narrowing to 8.72%.
08:50
Svmuu reported that Polymarket Developer announced on X platform that CLOB maintenance has been completed and all services are back to normal. The team will closely monitor latency and stability over the next few hours, with more improvements expected next week.
Additionally, the Polymarket L1 Clients interface documentation has updated the constraint description from "each wallet can only have one active API key at a time, and creating a new key will invalidate the old one" to "creating a new API key (L2 credentials) will invalidate the old key."
08:48
Svmuureports that CME Group and Intercontinental Exchange, the parent company of the New York Stock Exchange, are reportedly pushing U.S. regulators to intensify oversight of the decentralized derivatives platform Hyperliquid, citing concerns over potential market manipulation and possible sanctions evasion.
It is understood that the two major traditional financial market infrastructure providers are worried that on-chain perpetual contract platforms like Hyperliquid, operating without a unified regulatory framework, could impact the existing derivatives market structure and pose cross-border compliance challenges. Currently, relevant discussions are still in their early stages, but they have sparked further attention on whether on-chain derivatives should be incorporated into the traditional regulatory system.
08:42
Svmuu reported that Tim Graf, Managing Director and Head of EMEA Macro Strategy at State Street, said: "Global stock markets have been in a state of sustained gains over the past few days. Therefore, I believe we are currently in a phase where this rally is showing slight signs of fatigue."
Tim Graf added that the stock market remains supported: "I think, if there is any factor capable of triggering a correction, it would be movements in the interest rate market and the expectation that inflation may remain above the targets of many central banks for an extended period, potentially forcing them to tighten policy." (Jin Shi)
08:40
U.S. Energy Secretary Wright stated that the issue of the Strait of Hormuz now depends on Iran. When discussing UAE oil production capacity, he indicated that we will see other countries follow suit. (Jinshi)
08:39
Svmuu News Hong Kong Web3 service provider Web3Labs Global has filed an IPO application with the U.S. Securities and Exchange Commission (SEC), planning to issue approximately 6.3 million shares at a price of $4 to $5 per share, aiming to raise about $28 million. Based on the midpoint of the offering range, the company's valuation for this fundraising is approximately $141 million. It is reported that Web3Labs Global plans to list on Nasdaq under the ticker symbol "MDAT," with Eddid Securities and Futures serving as the underwriter for this IPO. (Renaissancecapital)
08:36
Svmuu News: Luo Yonghao posted on X platform, calling out CZ, saying: "Recently, a virtual currency named 'Luo Yonghao' (using my portrait as its logo) has been trading on your Binance exchange. Although it has not yet officially entered the 'Trading' tab and is only in the 'Wallet' tab, it is still on the Binance exchange. To prevent people from being deceived, please delist it or provide a formal channel for complaints and delisting requests."
08:30
Svmuu reports: The U.S. New York Fed Manufacturing Index for May recorded 19.6, the highest since April 2022, with expectations of 7.5 and a previous value of 11. (Jin Shi)
08:22
Svmuureports that on-chain detective ZachXBT stated that the hacker "Dritan Kapplani Jr" transferred approximately $2.59 million in assets today, including 1.99 million DAI and 259 ETH. The funds were moved from address 0x4487...bba6 to address 0x67ec...125d. The stolen funds currently remain dormant.
ZachXBT stated that on May 12, they published an investigation detailing the connection between Dritan Kapplani Jr and Trenton (Trent) Johnson in a social engineering theft involving 185 Bitcoin (approximately $13 million).
08:20
Svmuu reports that digital bank Revolut has announced that its trading division, Revolut Trading Ltd, has received an extension of permissions approved by the UK Financial Conduct Authority (FCA). This allows the company to launch more comprehensive investment and wealth management services in the UK market.
Under the newly approved Variation of Permissions (VoP) license, Revolut can now manage investment portfolios for clients and participate in certain transactions as a principal. This means the platform will be able to offer leveraged investment products, professionally managed portfolios, and customized wealth management services for high-net-worth users. These features will be integrated into its mobile application, alongside daily banking and payment tools.
It is reported that Revolut plans to further introduce AI-driven portfolio recommendation tools as it continues its transformation into a "one-stop financial platform." Earlier this year, Revolut officially obtained a full UK banking license. Analysts believe the FCA's approval demonstrates the company's enhanced maturity as a regulated financial institution and reflects the accelerating competition between fintech companies and traditional banks and wealth management firms. (Crowdfundinsider)
08:15
Svmuu reported that Gemini, the crypto exchange founded by the Winklevoss twins, saw its stock price surge over 25% in pre-market trading after releasing its Q1 2026 financial results. The report showed the company's quarterly revenue increased 42% year-over-year to $50.3 million, while its net loss narrowed 27% year-over-year to $109 million. However, this still exceeded the market's expected loss per share of $0.61.
The report indicates that Gemini's operating expenses rose 73% year-over-year to $144.5 million. Within this, employee compensation costs increased by 91% and included approximately $6.5 million in severance expenses. Sales and marketing spending also doubled year-over-year to $19.1 million. The company stated it is currently pushing forward with a business transformation via layoffs, business contraction, and a $100 million Bitcoin capital injection from the Winklevoss Capital Fund, as it seeks to achieve profitability.
In February of this year, Gemini closed its operations in the UK, the EU, and Australia, and cut approximately 25% of its workforce to refocus on the US market and prediction market business. In April, the company received approval from the U.S. Commodity Futures Trading Commission for a Derivatives Clearing Organization (DCO) license, officially entering the crypto prediction market space. Bolstered by these developments, the company's stock has been rebounding recently, currently trading above $6.60. (CoinDesk)
08:13
Svmuu reported that Anchor Point Financial, a Hong Kong stablecoin issuer jointly established by Standard Chartered Hong Kong, Hong Kong Telecom, and Animoca Brands, announced that it has completed a transfer test of the Hong Kong dollar stablecoin HKDAP on the Ethereum chain. This test covered the process of converting fiat Hong Kong dollars into reserve assets. All HKDAP tokens were fully redeemed after the transfer test was completed. It is expected that HKDAP will be issued in phases later this year. (Hong Kong Economic Times)
08:12
Svmuu reported that Eleutheria, a decentralized finance platform on the BNB ecosystem, has announced the completion of a $5 million strategic funding round, with participation from Alpha Capital. Valuation details have not been disclosed yet. The new funds will support its efforts to build on-chain financial services through trustless code-driven DeFi and immutable smart contracts. (Asksurf)
08:06
Svmuu reports that Strategy has officially announced a plan to repurchase $1.5 billion of its convertible bonds due in 2029. Additionally, Strategy disclosed that it will open voting to holders of STRC and MSTR regarding an amendment to the STRC semi-monthly dividend.
08:04
Svmuu reported that Trump stated China has not purchased NVIDIA's H200 AI chips, despite the U.S. having approved related sales. He claimed China "chose not to buy" and is instead focusing on developing its own domestic technology.
It is understood that the H200 is one of NVIDIA's key GPU products for AI and high-performance computing scenarios, and the market has been closely watching its export progress to China.
08:02
Svmuu reported that, according to the official announcement, the allocation for preOPAI, the second project of Bitget IPO Prime, has been completed. Spot trading will commence today at 22:00 (UTC+8). For more details, please refer to the Bitget official platform.
08:00
According to Svmuu, Kraken announced that its Kraken Pro platform has increased the maximum leverage for Bitcoin and Ethereum perpetual swaps from 50x to 100x. This applies to two USD cash-settled perpetual contracts, PF_XBTUSD and PF_ETHUSD, which continue to support 24/7 trading.
Per the announcement, the 100x leverage is now available to international users in eligible regions. No account migration or additional application is required; existing Kraken Pro contract users can access it directly. The leverage mechanism adopts a tiered model: for BTC contracts, up to 100x leverage is available on the first $1 million in notional position size, with automatic reduction to lower leverage tiers for amounts exceeding that threshold. For ETH contracts, the maximum 100x leverage applies to the first $500,000 in notional position size. The platform emphasized that the leverage adjustment is not a "one-size-fits-all" switch, but rather a dynamic tiered calculation based on increasing position size.
07:59
Svmuu, Nasdaq-listed HYPE treasury company Hyperion DeFi released its Q1 financial report, disclosing a Q1 net profit of $8.8 million, an improvement from a net loss of $39.8 million in Q4 2025. Since the end of Q1, it has increased its holdings by approximately 60,000 HYPE tokens. Currently, its HYPE token holdings have exceeded 2 million, and its validator node has been delegated 10.2 million HYPE, ranking among the top six validators, second only to the Hyperliquid Foundation. In addition, the company holds 1.92 million KNTQ tokens and 10 million HPL tokens. (Globenewswire)

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