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This Week's Macro Outlook: Core Iran Nuclear Deal Disputes Persist, Fed and BOJ Make Key Statements

1 hours ago

May 25 This past weekend, U.S.-Iran nuclear talks made only limited progress, with both sides still holding major disagreements over the core issue of Iran’s nuclear program. The direction of related developments this week remains a key focus for market traders. On the macro front, a series of speeches from U.S. and Japanese central bank officials will take place next week, further clarifying the next phase of interest rate expectations: - Tuesday: 22:00 Beijing time, U.S. May Conference Board Consumer Confidence Index is released. - Wednesday: 08:00 Beijing time, Bank of Japan Governor Haruhiko Kuroda speaks at the BOJ’s Monetary Policy Meeting; at 20:15 Beijing time, U.S. ADP Employment Change (covering the period through May 9) is announced. - Thursday: 20:30 Beijing time, multiple key economic data points are published: Canada’s Q1 Current Account, U.S. Initial Jobless Claims (for the week ending May 23), U.S. April Core PCE Price Index (YoY and MoM), U.S. April Personal Spending (MoM), revised U.S. Q1 Real GDP Annualized QoQ, U.S. April Core PCE Price Index (MoM), and U.S. April Durable Goods Orders (MoM). Also on Thursday: at 20:55 Beijing time, FOMC permanent voter and New York Fed President John Williams speaks at a conference organized by the Central Bank of Iceland; at 22:15 Beijing time, 2028 FOMC voter and St. Louis Fed President James Bullard delivers remarks. - Friday: 07:30 Beijing time, Japan’s April Unemployment Rate is released; at 18:50 Beijing time, 2028 FOMC voter and Kansas City Fed President Esther George speaks; at 21:10 Beijing time, Fed Governor Michelle Bowman gives a speech. Additionally, U.S. stock markets will be closed on Monday, May 25 in observance of Memorial Day. Trading for CME Group’s precious metals and U.S. oil futures contracts will be temporarily suspended starting at 02:30 Beijing time on May 26; U.S. stock and bond futures trading will halt at 01:00 Beijing time on May 26. ICE’s Brent crude futures contract will end early trading at 01:30 Beijing time on May 26.
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Samsung Union Wage Agreement Vote Sees Significant Increase, Final Approval Within Reach

**Samsung’s Largest Union Sees Strong Early Turnout for 2026 Wage Deal, Expected to Pass** On May 25, the largest union in the Samsung Group recorded a sharp jump in approval voting rates for the 2026 wage and collective bargaining preliminary agreement, boosting expectations the deal will be finalized. Still, fairness debates persist over significant bonus gaps between Samsung’s semiconductor (DS) division and its Device eXperience (DX) division, plus gaps between its memory and non-memory segments. As of 8:29 a.m. local time May 25 (7:29 a.m. Beijing time), 49,363 of 57,291 eligible voters had cast approval votes, hitting an 86.16% turnout rate. This vote is the final step to decide whether to ratify the preliminary wage and collective bargaining deal reached by Samsung’s labor and management teams. The core terms: 10.5% of the DS division’s operational performance will be allocated to a special management performance bonus fund, to be paid out in stock shares. Industry analy

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Two wallet addresses withdrew the SAHARA token, which accounts for 3.4% of the circulating supply, from a centralized exchange (CEX) this morning.

May 25th — Per Chainalysis, two wallet addresses withdrew 111 million SAHARA tokens (valued at $3.81 million) from Binance and Bitget seven hours ago, representing 3.4% of SAHARA’s circulating supply.

12 minutes ago

Vitalik: Ethereum Foundation to Downsize, Reduce ETH Sales

On May 25, Vitalik Buterin took to X to share his personal recommendations for the Ethereum Foundation (EF): Moving forward, the EF will transition to a smaller, longer-term, more clearly defined organization—no longer acting as the central hub of the Ethereum ecosystem, but rather a node with specific, targeted responsibilities. Buterin also stressed that Ethereum shouldn’t just focus on chasing maximum transactions per second (TPS) and ultra-low latency. Instead, he said the network should build distinct competitive edges in areas like formal verification, stronger consensus security, and reduced reliance on intermediaries (CROPS)—and that these goals don’t conflict with scalability, layer-2 (L2) solutions, or shorter slot times. He added a key note about the EF’s resource strategy: The foundation is prioritizing long-term sustainability over stretching its resources too thin, which means it will sell less ETH. He also called ETH Ethereum’s most financially valuable product.

12 minutes ago

Polkadot OpenGov is considering requiring a minimum self-stake of 10,000 DOT from validators.

On May 25, Polkadot tweeted that its OpenGov system is currently voting on a major overhaul of the network’s staking structure. Referendum 1890 would require Polkadot validators to lock a minimum of 10,000 DOT of their own funds as self-stake. This reform is a necessary prerequisite for the network’s next big staking upgrade, which will bring two key changes: nominators will no longer be subject to slash risk, and the unbonding period will drop from roughly 28 days to 24–48 hours. If the referendum passes, validators will take on direct slash exposure via larger self-bonded stakes, while nominators keep earning staking rewards without putting their principal at risk of being slashed. These changes lower participation risk for nominators and make exiting the staking system much faster.

12 minutes ago

A certain Satoshi-era miner transferred 2,650 Bitcoins to a liquidity provider.

On May 25, monitoring by Onchain Lens indicates a Satoshi-era Bitcoin miner transferred 2,650 BTC to OTC desks FalconX and Cumberland, with the transaction totaling roughly $203 million. The whale still holds 6,000 BTC.

12 minutes ago

This Week's Major Unlocking Overview: XPL, HUMA, and Others to Unlock Over $30 Million in Tokens

May 25 — Token Unlocks data shows this week will bring large one-time token unlocks for four key assets (H, HUMA, XPL, and SAHARA), with total released value topping $30 million. Here’s the full breakdown aligned with U.S. crypto news conventions: 1. Humanity (H): 103 million tokens unlock on May 25, valued at roughly $23.86 million, accounting for 5.8% of its circulating supply. 2. Plasma (XPL): 88.89 million tokens unlock on May 25, worth approximately $7.24 million, making up 3.69% of its circulating supply. 3. Huma Finance (HUMA): 458 million tokens unlock on May 26, valued at about $11.64 million, representing 20.04% of its circulating supply. 4. Sahara AI (SAHARA): 132 million tokens unlock on May 26, worth around $4.56 million, equivalent to 4.06% of its circulating supply.

12 minutes ago