pow

According to Jinshi reports, the US and Israel are expected to resume strikes against Iran as early as next week. Amidst the soaring expectations of interest rate hikes in the bond market, the last meeting minutes of the "Powell era" are coming. Here are the key points that the market will focus on next week (all in Beijing time):Tuesday 9:30, the Reserve Bank of Australia will release the minutes of the May monetary policy meeting;Tuesday 20:00, Federal Reserve Governor Waller will speak at the European Central Bank research conference;Tuesday 20:15, the weekly change in ADP employment numbers for the week ending May 2 in the United States;Wednesday 7:00, 2026 FOMC voting member and Philadelphia Fed President Harker will speak;Thursday 2:00, the Federal Reserve will release the minutes of the monetary policy meeting;Thursday 20:00, European Central Bank Chief Economist Lane will speak at the European Central Bank research conference.The AI boom and consumer spending under inflationary pressure are the two main themes currently influencing the direction of US stocks. Next week, semiconductor giant Nvidia (NVDA) and a number of retail companies such as Walmart (WMT) will successively disclose their earnings reports. Nvidia will release its earnings report after the US market closes on Wednesday, and Walmart will release its earnings report before the US market opens on Thursday.

According to official news, Gate has now launched STAR (Starpower) perpetual contract trading (settled in USDT), supporting 1-20x leverage.In addition, the Gate stock area has launched DIS (Disney), RKLB (Rocket Lab), and AMAT (Applied Materials) perpetual contract trading (settled in USDT), supporting 1-20x leverage.

According to Coinglass data, the Coinbase Bitcoin premium index has been in negative premium for 8 consecutive days, currently reported at -0.032%, indicating that purchasing power in the U.S. market has once again fallen into a slump.Previously, it had been in positive premium for 19 consecutive days. The Coinbase Bitcoin premium index is used to measure the difference between the Bitcoin price on Coinbase and the global market average price. A negative premium typically reflects significant selling pressure in the U.S. market, a decline in investor risk appetite, increased market risk aversion, or capital outflows.

According to Jinshi reports. During an interview, Kevin Hassett, the director of the National Economic Council at the White House, was asked how long Powell would remain as a board member after Kevin Walsh takes over as the chairman of the Federal Reserve.Hassett stated that he believes Powell might feel he can choose to step down after the Inspector General completes the investigation into the renovation project of the Federal Reserve building. Hassett said, "I guess the opportunity to leave might come when the Inspector General's report is released, and he is satisfied with the results of the investigation."

Bitcoin mining company TeraWulf announced its Q1 financial report, showing that its high-performance computing (HPC) business has for the first time surpassed Bitcoin mining revenue, marking a critical stage in the company's transformation towards AI and cloud computing infrastructure.The company's total revenue for Q1 was $34 million, roughly flat compared to the same period last year. Among this, HPC leasing revenue reached $21 million, surpassing the less than $13 million from digital asset mining for the first time, becoming the main source of income. The financial report also indicated that the company's net loss widened to $427.6 million, mainly due to the impact of non-cash warrant revaluation. However, CFO Patrick Fleury emphasized that the company is transitioning from "volatile mining revenue" to "stable long-term computing power contract revenue." Currently, TeraWulf has 60 MW of HPC capacity generating revenue at its Lake Mariner data center in New York and plans to continue expanding within the year. At the same time, the company is transforming part of its mining infrastructure into AI/HPC computing resources to support massive computing power demands. This trend is spreading throughout the industry, with Bitcoin mining companies like Riot Platforms also expanding their revenue structure through data centers and AI contracts, gradually transforming into "computing power infrastructure companies."

According to The Block, Amazon Web Services (AWS) has partnered with Coinbase and Stripe to launch Amazon Bedrock AgentCore Payments, enabling AI agents to complete transactions using stablecoins.Coinbase stated that developers can build "agent-based payment" solutions based on the x402 protocol, allowing AI agents to make small payments using USDC. This feature enables AI agents to make instant payments for web content, APIs, MCP servers, and other agents. AWS noted that developers can choose between Coinbase or Stripe wallets and recharge their wallets using stablecoins or fiat currency.

According to Jinshi reports, U.S. President Trump stated that Federal Reserve Chairman Powell is a disaster for the United States, believing that current interest rates are too high.

Bitget announced a strategic partnership with the Web3 women's organization WIW3CH. Both parties will rely on Bitget's Blockchain4Her program to provide more systematic educational resources, industry connections, and career development support for female practitioners.This collaboration will start with a special podcast featuring Bitget CEO Gracy Chen, sharing her career growth experiences and providing more practical advice for women who have just entered the blockchain industry. The two parties will also jointly publish a series of educational articles covering Web3 technology analysis and career development paths.As a long-term project promoting women's growth, Blockchain4Her has been advancing since its launch in 2024, focusing mainly on four directions: enhancement, empowerment, education, and inclusivity. The program has funded 11 women-led startup projects through recent initiatives like the "Lady Forward" event and the "Pitch n' Slay" entrepreneurship competition, reaching hundreds of thousands of audiences through global events.

Japanese cryptocurrency media Coinpost's AI platform Coinpost Terminal has reached a collaboration with the Web3 asset data platform RootData to comprehensively empower its business processes using RootData's data. Through the RootData API, Coinpost Terminal will provide higher quality investment information and market intelligence to local investors, financial institutions, and media in Japan.It is reported that Coinpost is under the SBI Group, providing diversified services in a secure and compliant environment, while actively conducting high-end B2B event planning through large conferences like WebX, fully laying out the Web3 ecosystem.

The U.S. Air Force has agreed to purchase a batch of interceptor drones from a company supported by President Trump's son, with the quantity unspecified. As the U.S.-Iran war enters its third month, this move deepens the connection between the U.S. military and defense contractors associated with the Trump family.Velikovich, co-founder of Powerus, stated that the company will sell these drones to the Pentagon after a demonstration in Arizona, marking Powerus's first contract to sell such weapons to the U.S. military. The company declined to disclose the terms or scale, but the military often engages in such transactions when evaluating new weapon systems. This move aligns with the U.S. strategy of using inexpensive interceptor drones to counter Iranian attack drones rather than relying on expensive missiles. Reports indicate that the U.S. military has deployed 10,000 AI-equipped Merops interceptor drones developed in Ukraine to the Middle East.

According to Jinshi reports, the Director of the National Economic Council of the White House, Hassett, stated that Federal Reserve Chairman Powell's reappointment to the Federal Reserve Board may affect interest rate cut decisions.

Polymarket shows that the probability of "Powell resigning from the Federal Reserve Board before May 30" has plummeted to 9%, a 25% drop in 24 hours; the probability of "Powell resigning from the Federal Reserve Board before December 31" has fallen to 66%, an 11% drop in 24 hours. The event contract rules state that if Federal Reserve Chairman Powell is no longer a member of the Federal Reserve Board at any time during the specified date (11:59 PM Eastern Time), it will be determined as "yes"; otherwise, it will be determined as "no."If Powell no longer serves as Federal Reserve Chairman but remains a member of the Federal Reserve Board, it does not meet the criteria for a "yes" determination. The determination is based on information released by the U.S. government, but consensus from credible reports can also serve as a basis. Powell stated at a press conference this morning that he will continue to serve as a Federal Reserve Board member "for a while" after stepping down as chairman and promised to "keep a low profile." U.S. Treasury Secretary Yellen responded that "if Powell remains a Federal Reserve Board member, it would be unusual; for someone who has always emphasized norms, his unilateral decision runs counter to tradition."Polymarket continues to monitor the prediction market and sees changes before pricing.

According to Jinshi reports, Federal Reserve Chairman Powell stated that people are still spending, and there has not yet been a noticeable slowdown due to rising gasoline prices.

According to Jinshi reports, Federal Reserve Chairman Powell stated that domestic private final demand (PDFP) is actually above 2%, which is seen as a good thing.

According to Jinshi reports, Federal Reserve Chairman Powell stated that everyone except one person believes that maintaining interest rates is the right decision.

According to Jinshi reports, Federal Reserve Chairman Powell stated that the commitment to reduce inflation to 2% will never end, and he will steadfastly pursue this goal.

According to Jinshi, Federal Reserve Chairman Powell stated that whether consumption will decline to offset the impact of inflation remains an unresolved issue.