The US April "mini nonfarm" payroll growth exceeded expectations, weakening the easing space for the labor market

Bitcoin mining company CleanSpark on May 6 released its April operational update, reporting it produced 640 bitcoins in the month and sold 748 bitcoins at an average price of $74,807 each. As of April 30, CleanSpark holds 13,453 BTC, operates at a hash rate of 50 exahashes per second (EH/s), and has deployed 224,473 mining rigs. Additionally, the company has secured contracts for a total power capacity of 1.8 gigawatts (GW), is actively advancing its Megawatt AI infrastructure platform, and is pursuing its first large-scale AI client.

On May 6 (local time), Ibrahim Rezaie, spokesperson for Iran’s Parliamentary National Security and Foreign Policy Committee, posted on social media, saying U.S. previous remarks in Axios were “an American wish list, not reality. What Americans can’t achieve in face-to-face talks, they can’t achieve in a failed war either.” Rezaie also noted that if the U.S. fails to make necessary concessions, Iran is ready to retaliate. (CCTV)

May 6 — An Iranian Foreign Ministry spokesperson said Friday the country is reviewing a U.S. proposal and will relay its position to Pakistan. (Iranian Students News Agency)

Coinbase is set to list KAIO (KAIO) for spot trading on May 6. If liquidity requirements are met and trading support is confirmed, the KAIO-USD trading pair will go live later today.

On May 6, WTI crude oil narrowed its losses to 5.8% to settle at $97.31 per barrel, having briefly dipped below $90, per Bitget data.

May 6th — London-based crypto startup OpenTrade has closed a $17 million strategic funding round, pushing its total capital raised to over $30 million. The round was led by Mercury Fund and Notion Capital, with participation from a16z crypto, AlbionVC, and CMCC Global. OpenTrade bills itself as an institutional-grade on-chain platform for real-world asset-backed (RWA) lending and stablecoin yield products. The company will deploy the capital to expand its infrastructure bridging permissioned and permissionless systems. Target products from this expansion include a permissionless protocol layer and Curation+ — a vault curation framework built to help fintechs, neobanks, custody teams, and asset issuers craft yield strategies linking RWAs and on-chain assets. OpenTrade notes that unlike typical decentralized finance (DeFi) vault curators (which focus primarily on protocol selection), Curation+ leverages regulated asset management oversight to build portfolios connecting RWAs and on