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Trump Refuses to Confirm Validity of US-Iran Ceasefire Agreement, Bitcoin Continues to Soar, Circle Surges 20%

1 hours ago

On May 5, CCTV News reported that U.S. President Donald Trump declined to explicitly confirm whether the U.S.-Iran ceasefire agreement remains in effect during an interview. When asked if the ceasefire had ended and whether military strikes could resume, Trump responded: "I can't tell you that. If I answer, you'd say the person isn't smart enough to be president." Earlier that day, Trump had warned in another interview that Iran would be "completely obliterated" if it attempted to attack U.S. ships in the Strait of Hormuz or the Persian Gulf. However, he later noted that from a military perspective, the U.S.-Iran conflict is "basically over." Per HTX market data, Bitcoin is maintaining its upward momentum, currently trading at $79,915 with a 24-hour gain of 1.02%. Over the past 24 hours, total network liquidations reached $513 million—$170 million in long positions and $343 million in short positions. Bitget market data shows U.S. stocks closed lower on Monday: the Dow Jones Industrial Average fell 1.1%, the S&P 500 declined 0.4%, and the Nasdaq Composite dropped 0.19%. Circle (CRCL.N) surged 20%, while Micron Technology (MU.O) gained 6%.
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「The Big Short」 Michael Burry Sells Off Entire GameStop Position

May 5 — Michael Burry, the *Big Short* investor, has liquidated all his GameStop (GME.N) holdings, per The Wall Street Journal. The move follows GameStop’s announcement of plans to acquire eBay (EBAY.O). Burry said Monday his prior investment thesis — which aimed to turn GameStop into a Berkshire Hathaway-style firm via acquisitions — clashed with the large-scale debt financing required for the eBay deal. He therefore exited his position. Per Bitget market data, GameStop shares fell 10.14% on Monday to close at $23.84.

15 minutes ago

Standard Chartered's SC Ventures Strategic Investment in GSR Makes It Its First External Shareholder

May 5 — SC Ventures, Standard Chartered Bank’s fintech and innovation arm, has made a strategic investment in cryptocurrency market maker GSR. GSR, founded in 2013, has recently expanded into additional tokenized financial services areas. This marks the first time an external strategic investor has taken a stake in GSR since its launch.

15 minutes ago

Bitmine once again stakes 192,816 ETH, worth approximately $456.21 million

On May 5, data from Onchain Lens shows Bitmine staked 192,816 ETH six hours ago—valued at roughly $4.56 billion. As of now, the firm’s total staked ETH stands at 4,555,573, with a current value of approximately $10.69 billion.

15 minutes ago

But Bin: Already Established Position in Circle, Stock Price Expected to See a New Round of Growth

Daniel But, renowned investor and chairman of Shenzhen Oriental Harbor Investment Management Co., Ltd., posted on social media May 5 that he “took a small position in Circle Internet Group (CRCL.US) based on a researcher’s recommendation.” CRCL surged sharply Monday, emerging as one of the day’s top performers in the U.S. stock market. The surge’s key catalyst stemmed from a critical development in the U.S. Clear Law Act: the Senate reached a compromise on stablecoin regulatory provisions, resolving the bill’s core disagreements, eliminating longstanding industry regulatory uncertainty, and unlocking long-term growth opportunities for compliance-focused stablecoin leaders like Circle. Market expectations are that USDC’s compliance edge will grow further as the regulatory framework takes effect, with market share seen rising in emerging use cases like cross-border payments and AI-driven trading. Fundamentally, Circle’s core business is entering an explosive growth phase. USDC circ

15 minutes ago

Trump: If Iran attacks American ships, they will be "wiped off the face of the Earth"

On May 5, Fox News reported that U.S. President Donald Trump said if Iran attacks U.S. ships, Iran will be "wiped off the face of the Earth."

15 minutes ago

Ethereum-Based ASTEROID Surges Nearly 43% in 24 Hours, Reaching a Market Cap of $180 million

On May 5, data from GMGN shows the on-chain meme coin ASTEROID has surged nearly 43% in the past 24 hours, with a market cap hitting $180 million and 24-hour trading volume reaching $23.4 million. Per reports, the meme coin ASTEROID’s origin story traces back to 15-year-old Liv Perrotto. Before her passing, her greatest wish was to meet Elon Musk, and she helped design a Shiba Inu-shaped plush toy named “Asteroid.” Following her death, her mother publicly reached out to Musk, and the story gained traction on Glenn Beck’s show (hosted by the renowned media personality). On April 19, Musk greenlit “Asteroid” as SpaceX’s official mascot. BlockBeats cautions users: Meme coin trading is extremely volatile, largely driven by market sentiment and speculative hype, with no underlying value or practical use cases. Investors should exercise extreme caution regarding associated risks.

15 minutes ago