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Iranian Foreign Ministry: Iran-US Communication Still Ongoing, Final Agreement Not Reached

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May 30 — Iranian Foreign Ministry spokesperson Bagheri stated on the evening of May 29 local time that ongoing communication between Iran and the United States continues, though no final consensus has been reached. Bagheri also emphasized that any Western party discussing Iran must refrain from using the word "must" in its communications. Iran will make all decisions exclusively based on the interests and rights of the Iranian people. Concerning navigation in the Strait of Hormuz, Bagheri noted that the strait falls within the territorial waters of both Iran and Oman. As the two coastal states, Iran and Oman must establish a mechanism to safeguard their respective national interests and security, while also ensuring safe navigation for international vessels transiting the waterway.
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The AI Super Cycle Drives a Computing Power Shortage, with Render and Bittensor Emerging as Key Beneficiaries

May 30 — As demand for artificial intelligence (AI) model training and inference continues to surge, global supplies of high-performance GPUs remain constrained, with NVIDIA’s high-end chips now facing delivery lead times stretching several weeks, per market reports. Analysts note that cryptocurrency projects integrating idle computing power to offer decentralized GPU services are poised to be key beneficiaries during the ongoing AI computing power expansion cycle. The most prominent crypto projects in this space include: - Render (RENDER): Originally focused on rendering workloads, the project has since expanded into AI inference, linking token value to computing demand through a burn-and-mint mechanism. - Akash Network (AKT): A decentralized cloud computing platform, spending on its services hit a record $5 million in Q1 2026, enabling low-cost GPU rentals for AI enterprises. - io.net (IO): Aggregating tens of thousands of GPUs worldwide, the project claims to reduce AI computing co

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Hyperliquid sees largest Microlong liquidation with $8.19 million profit

On May 30th, EmberCN monitored that the largest long-position address on Hyperliquid, belonging to Micron Technology, closed its $21 million position via take-profit. The address entered the long position at $575 and took profit at $956, realizing a profit of $8.19 million.

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This Week in Review: US-Iran Agreement Faces Remaining Differences, Storage Chip Trio Join Trillion-Dollar Club

May 30 Global markets this week were anchored by four key narratives: U.S.-Iran nuclear talks, U.S. inflation, Federal Reserve policy, and the AI sector. While Washington and Tehran appear near a partial phased agreement, major disagreements remain over critical issues including Iran’s nuclear program, control of the Strait of Hormuz, and sanctions relief. A Situation Room meeting led by Trump and his White House team this week did not yield a final decision. On the macro front, U.S. April PCE inflation hit a nearly three-year high of 3.8% year-over-year, with core PCE climbing to 3.3%. The pickup in inflation has spurred several Federal Reserve officials to flag potential interest rate hikes, cooling market expectations for rate cuts this year. U.S. equities kept climbing to new all-time highs this week: The Dow added 0.9%, the S&P 500 rose 1.43%, and the Nasdaq advanced 2.39%. The AI sector remained the market’s central focus, with Dell’s stock surging nearly 40% after its e

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Meta is developing an AI Pendant device to further expand its AI wearable hardware portfolio

May 30 — Meta plans to test an AI pendant device next year as part of its large-scale AI wearables expansion, according to recent reports. The device is considered a core piece of Meta’s "Workplace Wearables" initiative, aimed at boosting productivity and refining daily office experiences via an integrated AI assistant. In recent years, Meta has ramped up its AI hardware investments. Beyond the Ray-Ban smart glasses line, the company has revived its smartwatch project codenamed "Malibu 2" and advanced development of multiple AR/MR glasses products. Internally, Meta is revising its Reality Labs hardware roadmap to avoid market confusion from launching too many devices at once. Prior to this, Meta acquired Limitless — an AI wearable startup (formerly named Rewind) known for its pendant-style AI device that can record, transcribe, and summarize conversations. Industry observers believe the upcoming AI pendant project will leverage Limitless’s technology, marking Meta’s accelerated push

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Bloomberg ETF Analyst: BlackRock Bitcoin ETF Gaining Momentum with New Offering, IBIT Reaches Record $54 Billion in Assets

On May 30, Eric Balchunas, Senior ETF Analyst at Bloomberg, tweeted that BlackRock has once again revised its application for the iShares Bitcoin Premium ETF (BITA). While the product’s fee remains undisclosed, the issuer is clearly still refining key details. Balchunas speculates BlackRock aims to launch BITA before Goldman Sachs’ Bitcoin ETF is scheduled to roll out in roughly six weeks. Balchunas also pointed out that BlackRock’s spot Bitcoin ETF, IBIT, has amassed $54 billion in assets under management (AUM). Even if IBIT’s AUM plateaus from now through 2030, the pace at which it hit the $54 billion mark will still stand as the fastest in ETF history. Balchunas stated that fund flow performance in the 18 months following the launch of spot Bitcoin ETFs has been “extremely insane,” setting a rare growth rate record for the ETF sector.

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Suspected Bitmine Address Acquires Another 25,000 ETH, Equivalent to $50.56 Million

On May 30, monitoring by OnchainLens shows that a newly created wallet address received 25,000 ETH from Kraken, with the transaction worth roughly $50.56 million. The wallet most likely belongs to Bitmine.

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