iran

According to Jinshi reports, U.S. President Trump stated that the war with Iran will soon come to an end and that he will meet with a large number of generals to discuss the Iran issue.In addition, Trump praised the founder of Dell (DELL.N) for his support of Trump's campaign funds.

According to Jin Shi reports, on Monday, the U.S. stock market lacked a clear direction overall, but strong corporate earnings reports prompted Wall Street strategists to continue raising their S&P 500 targets. The S&P 500 index opened roughly flat, with strong performance from chip stocks continuing to boost the benchmark index, particularly with companies like Intel and Micron Technology standing out. The Nasdaq 100 index rose slightly by 0.2%, while the Dow Jones Industrial Average fell by 0.1%.Tom Essaye, founder of Sevens Report, stated that the market still believes a ceasefire agreement will be reached, which is the reason why there was no larger sell-off in the stock market after Trump's response that Iran's proposal to end the war is "completely unacceptable."

According to The Block, affected by Iran's rejection of the U.S. peace framework and the tense situation in the Strait of Hormuz, Brent crude oil briefly surpassed $104 on Monday, while Bitcoin remained fluctuating above $81,000. Analysts believe that the current crypto market is more driven by geopolitical factors rather than fundamental factors. QCP Capital describes the current market as "standing at a crossroads," viewing $84,000 as the next key resistance level for Bitcoin.Previously, the inflow of ETF funds, expectations of increased holdings by listed companies, and optimistic sentiment around the U.S. Clarity Act stablecoin bill drove BTC up to the $80,000 range, but recently there has been some profit-taking. Laser Digital stated that the market had previously bet that Strategy would make large-scale Bitcoin purchases, but after the expectations fell through, it triggered profit-taking sell-offs. Additionally, some enterprise-level BTC holders have slowed down or paused their accumulation, which has intensified market pressure.Meanwhile, Ethereum became the main target of selling last week. Reports indicate that a whale holding approximately $1 billion in both BTC and ETH has been continuously selling ETH, leading to a noticeable weakening of ETH relative to BTC. Although this address continued to transfer ETH to exchanges over the weekend, it has not triggered further sell-offs.On the macro level, U.S. non-farm payroll data for April was stronger than expected, alleviating short-term stagflation concerns for the Federal Reserve; the market is also focused on the upcoming CPI and PPI data to be released this week, as well as the progress of meetings between Trump and Chinese leaders in Beijing. CoinShares data shows that net inflows into digital asset investment products reached $857.9 million last week, marking the sixth consecutive week of net inflows.

According to Jinshi reports, due to the lack of progress in the US-Iran peace talks, oil prices have risen, triggering market concerns about prolonged disruptions and intensified inflation, leading to a 1% drop in gold futures prices. Soojin Kim, an analyst at Mitsubishi UFJ Financial Group, stated that the market increasingly expects interest rates to rise to address inflation risks associated with high energy prices, which is unfavorable for gold. Meanwhile, strong US labor market data continues to support market expectations that the Federal Reserve will maintain high interest rates for a longer period.

According to the Islamic Republic News Agency (IRNA), Iran's response to the U.S. proposal to end the war has been conveyed through Pakistan.

According to Jinshi reports, this week, significant signs of peace have emerged in the US-Iran conflict and the Russia-Ukraine conflict, greatly easing geopolitical risks. Next week, it is worth paying close attention to whether these two geopolitical conflicts can further cool down. In addition, next week's macro events will focus on the US April CPI data, as detailed below:Tuesday 15:15, FOMC permanent voting member and New York Fed President Williams will participate in a panel discussion on monetary policy;Tuesday 20:15, US ADP employment change for the week ending April 25;Tuesday 20:30, US April CPI data;Wednesday 04:30, US API crude oil inventories for the week ending May 8;Wednesday 20:30, US April PPI year-on-year and month-on-month;Friday 05:30, Fed Governor Barr will deliver a speech;Friday 21:15, US April industrial production month-on-month.Finally, next week the Federal Reserve will undergo significant personnel changes. Nominee Chairman Kevin Warsh is expected to be confirmed by the Senate on Monday and will officially take over from Powell on May 15.In terms of US stocks, as of this Friday, a new round of surges has pushed the S&P 500 index up 8% cumulatively in 2026, continuing to rise on the basis of achieving double-digit returns for three consecutive years. The tech-heavy Nasdaq Composite Index has risen nearly 13% year-to-date, with both major indices reaching all-time highs. Although the first quarter earnings season is nearing its end, corporate reports will still be a key driver of stock prices in the coming days.AI

Data shows that since the escalation of the situation in Iran, Bitcoin has continued to perform strongly relative to gold, with the BTC/Gold ratio increasing by approximately 35% to 36%.

According to Catcher Predict monitoring, on the prediction market Polymarket, the event "Will the US and Iran reach a permanent peace agreement before...?" is currently among the hottest trades, with a cumulative pool size of 881 million dollars. The option with the highest market consensus is "December 31," corresponding to a winning probability of about 73.5%.

According to The Block, JPMorgan analysts have stated that Bitcoin is gradually surpassing gold as a currency devaluation hedge tool following the Iran conflict.Analysts led by Managing Director Nikolaos Panigirtzoglou noted that Bitcoin ETFs recorded inflows for the third consecutive month in May, while gold ETFs are still struggling to recover the funds that flowed out during the outbreak of the Iran conflict in March. This indicates that since the conflict began, retail investors are choosing Bitcoin over gold for devaluation hedge trades.The analysts stated that Bitcoin purchases are not limited to retail investors through ETFs. JPMorgan's position proxy indicators based on CME Bitcoin futures and offshore perpetual futures have also reached new highs, indicating that institutional investors are similarly increasing their exposure. The momentum signals for Bitcoin and gold have also rebounded since the conflict began. Investors are also indirectly buying Bitcoin through Strategy, with the company's purchase volume potentially reaching around $30 billion this year if the current pace is maintained.

The U.S. Treasury Department has sent a letter to Binance, requesting compliance explanations regarding recent reports involving cryptocurrency transactions related to Iran and to strengthen regulatory cooperation.It is reported that this move comes amid ongoing scrutiny by U.S. regulators over cross-border capital flows on cryptocurrency platforms. Previous investigations and media reports have pointed to the possibility that Iran and related entities may be transferring funds through centralized exchanges, drawing the attention of the U.S. Treasury and Justice Departments.

According to Jinshi reports, the US Dollar Index DXY has basically retraced all gains since February 27. The dollar was already weak before the outbreak of the war in Iran, affected by policy burdens, including Trump's trade war and threats to the independence of the Federal Reserve. Although investors had previously unwound their short positions on the dollar after the outbreak of the war, the gains have now disappeared, partly due to optimistic market expectations that the US and Iran may resume negotiations. Jane Foley from Rabobank stated that the divergence in global central bank policies is also an important factor.

According to Saudi media Alhadath and Al Arabiya, sources say that the US and Iran have reached a consensus on gradually opening the Strait of Hormuz in exchange for easing maritime blockades, and a breakthrough in the situation of stranded ships in the strait is expected in the coming hours.International oil prices have sharply dropped, with WTI crude oil falling over 3% during the day and Brent crude down nearly 3%. International gold and silver prices continue to rise, with spot gold surpassing $4750 per ounce and silver exceeding $79 per ounce.

According to Jinshi reports, U.S. President Trump stated that bombing would begin if Iran does not agree to the deal. If Iran agrees, the "Epic Fury" operation will come to an end; at that time, with highly effective blockade measures, the Strait of Hormuz will be fully opened to all parties, including Iran.

According to a report by Axios, two U.S. officials and informed sources revealed that the White House believes it is close to reaching an agreement with Iran on a one-page memorandum of understanding to end the war and establish a framework for subsequent, more detailed nuclear negotiations. The U.S. expects to receive Iran's response on several key issues within the next 48 hours.Sources say this is the closest the two sides have come to an agreement since the outbreak of the war. According to part of the agreement, Iran will commit to suspending uranium enrichment activities, while the U.S. agrees to lift sanctions against Iran and release billions of dollars of frozen Iranian funds. Both sides will also lift restrictions on passage through the Strait of Hormuz.This one-page memorandum, consisting of 14 clauses, is being jointly negotiated by Trump envoy Wittekov and Kushner with several Iranian officials through both direct contact and mediation. According to the current version, the memorandum will declare the end of regional warfare and initiate a 30-day negotiation period to reach a detailed agreement, which includes opening the strait, limiting Iran's nuclear program, and lifting U.S. sanctions. These negotiations may take place in Islamabad or Geneva. A U.S. official stated that during this 30-day period, Iran's restrictions on strait shipping and the U.S. Navy's blockade will be gradually lifted. If negotiations break down, U.S. forces will be able to restore the blockade or take military action again.

According to The Block, Bitcoin mining company IREN Limited has agreed to acquire cloud infrastructure software company Mirantis for approximately $625 million in an all-stock transaction to enhance its AI cloud business layout.This acquisition will bring critical software and "orchestration" capabilities to IREN, helping it better monetize its expanding GPU and data center resources. Mirantis focuses on Kubernetes-based cloud infrastructure tools that enable automated deployment, scaling, and management of containerized applications.Analysts point out that the transaction values Mirantis at about 4 to 5 times its revenue, aimed at helping IREN catch up with AI cloud competitors like CoreWeave and build a complete "full-stack new cloud" capability.This merger is also an important step for IREN in its transformation from a Bitcoin mining company to an AI infrastructure platform. Previously, the company had raised approximately $3.6 billion through equity and convertible bond financing to expand its GPU and data center capacity, with total construction investments expected to exceed $9 billion. After the transaction is completed, Mirantis is expected to operate as an independent subsidiary.

According to Gate market data, the gains of the S&P 500 Index and the Nasdaq 100 Index have quickly narrowed. The UAE Ministry of Defense stated that the air defense system is responding to missile and drone attacks from Iran.

According to CCTV reports, on May 5 local time, U.S. Secretary of Defense Peter Hegseth stated that given the current administration's determination that the ceasefire between the U.S. and Iran is still in effect, President Trump does not need to seek congressional approval to continue military actions.Hegseth insisted that if Trump orders the resumption of military strikes, discussions on related matters will naturally take place at that time.