Trump: US-Iran Negotiation Proceeding in an Orderly Manner, No Rush to Reach Agreement
May 24 — President Trump took to Twitter to denounce the Obama-era Iran nuclear deal as “one of the worst deals in American history,” asserting it gave Iran a direct pathway to developing nuclear weapons.
The president noted the current Iran nuclear deal being negotiated under the Trump administration is “completely the opposite.” He said talks are progressing in an orderly, constructive manner, and advised U.S. negotiators not to rush into an agreement, stating “time is on America’s side.”
Trump added that U.S. sanctions on Iran will remain fully in effect until a final agreement is reached, certified, and signed. He underscored the need for patience, noting “both sides must exercise patience, do things right, and not make any mistakes.”
Further, Trump said relations between the U.S. and Iran are becoming “more professional and productive,” while stressing Iran must understand it cannot develop or acquire nuclear weapons.
He also thanked Middle Eastern countries for their
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Researchers Warn: AI is Accelerating the Development of Quantum Computing, Posing a Potential Threat to the Security of the Cryptography Industry
May 24th: Security researchers are warning that AI is accelerating quantum computing’s development—and could pose an early threat to the modern encryption systems powering networks like Bitcoin and Ethereum. Project Eleven CEO Alex Pruden stated, “The future security landscape will be completely different. The combination of quantum computing and AI will make all the security approaches we’ve used in the past unreliable.”
The report notes AI has been used to optimize key technical bottlenecks such as quantum error correction, which could cut down on the actual time to bring functional quantum computers to life. NEAR co-founder Illia Polosukhin also pointed out AI is speeding up scientific progress, adding, “We might even build the next generation of quantum computers with AI’s help.”
Researchers are also worried about a growing “collect first, decrypt later” strategy: some governments or institutions are preemptively hoarding encrypted data now, waiting for future mature quantum
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Polymarket Prediction: Probability of "Bitcoin Reaching $100,000 This Year" Drops to 37%
May 24: The probability of Polymarket’s prediction that Bitcoin will hit $100,000 this year has fallen to 37%, down from 49% on May 10. Separately, the current odds that BTC will rise to $90,000 this year stand at 59%, while the chance it will drop to $50,000 is 41%.
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A certain whale longed 25x the value of $12.6 million in gold
On May 24, data from Onchain Lens shows a whale took a 25x leveraged long position in 2,700 ounces of gold valued at $12.6 million. The whale also holds a 20x leveraged short position in crude oil, with over $324,000 in current unrealized gains.
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US Stock and Hong Kong Stock Markets Closed on Monday, Early Close for Gold, Silver, and Oil Trading
### Market Holiday & Early Trading Session Advisory
**Effective May 25 Observations:**
In observance of Memorial Day, the U.S. stock market will remain fully closed on Monday, May 25. For CME Group futures contracts trading on May 26 Beijing Time:
- Precious metals and WTI crude oil futures will close early at 02:30 Beijing Time
- U.S. stock index and Treasury futures will wrap up trading early at 01:00 Beijing Time
In Asia-Pacific, Vesak Day holidays will impact markets on May 25:
- The Hong Kong Stock Exchange is closed, with Southbound and Northbound trading links suspended
- The South Korean stock market is also closed
In Europe, the U.K. Spring Bank Holiday will lead to the closure of the U.K. stock market on May 25. ICE Brent crude oil futures will close early at 01:30 Beijing Time on May 26.
Investors are urged to plan accordingly.
Source: FXStreet
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Railgun Token RAIL briefly surged above $4.7 before retracing, posting a more than 73% gain in the last 24 hours
On May 24, HTX Markets data shows RAIL—the token of privacy protocol Railgun—briefly spiked above $4.7 before pulling back. It is now trading at $4.01, boasting a more than 73% gain in value over the past 24 hours.
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