U.S. CFTC Acting Chairman: Enforcement Division Restructured, Refocused on Combating Fraud

May 24 — Tom Lee, chairman of BitMine (the largest Ethereum treasury), told CNBC in an interview that the U.S. stock market’s underlying fundamentals remain strong, showing resilience amid rising oil prices and climbing yields. Lee noted the U.S. economy has unique strengths: leadership in AI technology, relative energy independence, and robust consumer resilience. “Compared to the start of the year, U.S. stocks still have significant upside potential by year-end,” he said. “We’ll need to digest some headwinds later this year, but fundamentals are healthy now and backed by corporate earnings.” He pointed out that large IPOs from AI firms like OpenAI and SpaceX could generate a trillion-dollar wealth effect, boosting consumption and market momentum later this year. At the same time, Lee warned that a surge in major IPOs and lock-up expirations throughout 2024 will add extra supply pressure on U.S. stocks. On the AI and semiconductor sectors, Lee clarified they are not in a bubb

May 24 (Xinhua) — A source revealed to Saudi Arabia’s Al Arabiya TV on May 24 that the next round of talks between the United States and Iran may take place on June 5.

May 24: HTX market data shows HYPE briefly surged past $63, is currently trading at $62.84, has notched a 12.6% gain in the past 24 hours, and hit a fresh all-time high.

May 24 — Disagreements persist on two or three clauses in the Memorandum of Understanding (MOU) between Iran and the U.S., according to Iran’s Tasnim News Agency. A final MOU will not be reached if the U.S. keeps creating obstacles.

May 24 (CCTV News) — Iranian Islamic Revolutionary Guard Corps (IRGC) Commander-in-Chief Ahmad Vahidi said in a speech Thursday that Iran’s armed forces are maintaining the "highest level of preparedness and deterrence" across all domains: air force, navy, army, space, and cyberspace. Vahidi warned that if enemies take any new military action against Iran, they will face a "destructive response at the regional and transregional levels."

May 24 — Turkey’s Presidential Palace News Bureau announced that President Recep Tayyip Erdogan, during a call with U.S. President Donald Trump and leaders from several Middle Eastern countries, said Turkey is prepared to offer all forms of support should a potential U.S.-Iran agreement be implemented. Erdogan added that Turkey has long advocated for resolving issues through dialogue and diplomacy, noting that an agreement to open the Strait of Hormuz would bolster regional stability and ease strain on the global economy. The statement did not specify the timing of Erdogan’s call with the other leaders, the news bureau said. (Xinhua News Agency)