Pakistan has conveyed Iran's response to the United States.

**May 10th: Michael Saylor Touts STRC-Tied Yield Tokens, DeFi-BTC Integration** In an interview on May 10th, Michael Saylor named the integration of Bitcoin (BTC) with decentralized finance (DeFi) as one of the trends he’s most bullish on right now. He noted yield-bearing tokens tied to STRC have surged recently, with some protocols seeing their total value locked (TVL) grow at a rate of $1 million per hour. Saylor added DeFi platforms are already offering 8-11% yield products linked to STRC, and amplifying those returns further with 3x to 5x leverage. He expects the yield token market to evolve into a multi-billion-dollar industry in the coming months. Additionally, he revealed STRC’s current Sharpe ratio stands at 2.5—higher than most traditional credit products, stocks, and hedge fund strategies. “When you take high-Sharpe-ratio assets, tokenize them, and add leverage, you create an entirely new digital financial framework,” Saylor said.

Bitcoin topped $81,000 on May 10—up 0.83% over the past 24 hours, per HTX market data.

May 10 — Abbas Aslani, a senior research fellow at the Middle East Strategic Research Center, said Iran’s response to the U.S. proposal is “not a simple acceptance or rejection” — instead, it outlines Iran’s explanation and clarification of its position on the U.S. text. While Iran has shown greater flexibility, the nuclear issue remains the most challenging between the two sides. Iran has long been open to the International Atomic Energy Agency’s (IAEA) transparency and verification requirements. If the two sides strike an initial peace deal, it could foster a positive atmosphere and act as a confidence-building step. However, if the U.S. persists in pushing demands like requiring Iran to send its highly enriched uranium to the U.S. or suspend enrichment activities long-term, any agreement is unlikely, per FXStreet.

On May 10th, per Onchain Lens monitoring data, a newly created crypto wallet withdrew 843 PAXG from Binance—with the assets valued at $3.98 million.

**China, US to Hold Economic and Trade Negotiations in South Korea May 12-13** On May 10, a reporter asked about recent reports of upcoming China-US trade talks. The Chinese Ministry of Commerce responded that, as agreed by both sides, He Lifeng—CPC Central Committee Politburo member and Chinese Vice Premier—will lead a delegation to hold economic and trade negotiations with the US in South Korea from May 12 to 13. The two sides will discuss trade issues of mutual concern, guided by consensus from previous leader-level meetings and important phone calls between the two countries. (Source: Chinese Ministry of Commerce)

On May 10, U.S. President Donald Trump said, "I didn't say the hostile actions against Iran have ended, but I did say they have been defeated." (Source: FX168)