According to a Reuters report, two Western officials and two Iranian officials familiar with the matter stated that Saudi Arabia had previously launched several undisclosed attacks against Iran in retaliation for attacks on its territory during the Middle East wars. These previously unreported attacks by Saudi Arabia demonstrate its growing boldness in countering its main regional adversary. The two Western officials said the attacks, carried out by the Saudi Air Force, were assessed to have occurred in late March. This comes after the United Arab Emirates also launched military strikes against Iran, as reported by the Wall Street Journal on Monday. The actions of Saudi Arabia and the UAE together reveal a conflict whose true form remains largely hidden—in which Gulf states, attacked by Iran, are beginning to retaliate. Iranian and Western officials stated that Saudi Arabia informed Iran of the attacks, followed by intensive diplomatic contacts and threats of further retaliation, ultimately leading to a de-escalation agreement between the two countries.

Despite Coinbase's disappointing first-quarter results, Benchmark maintained its "buy" rating on the stock and raised its target price from $260 to $270. Coinbase reported a net loss of $394 million and revenue of $755.8 million in the first quarter, below market expectations. Adjusted EBITDA was $303.3 million, a significant decline from $929.9 million in the same period last year. Following the earnings release, the stock price fell by approximately 6%. Benchmark believes that Coinbase is transforming from a cryptocurrency exchange reliant on market cycles into a core infrastructure platform for the "on-chain economy." Its business scope now covers stablecoins, crypto derivatives, tokenization, DeFi, payments, prediction markets, and AI-native businesses. Previously, Rosenblatt Securities and Bernstein also maintained positive ratings for Coinbase, indicating that some institutions remain optimistic about its long-term platform transformation.

According to CME's "FedWatch" data, the probability of the Federal Reserve keeping interest rates unchanged in June is 97.1%, and the probability of a cumulative rate cut of 25 basis points is 2.9%; the probability of keeping interest rates unchanged in July is 96%, and the probability of a cumulative rate cut of 25 basis points is 3.9%.

According to Huoxun Finance, data shows that Bitcoin's market share has rebounded from a low of approximately 55% to around 58.5%, indicating that funds are refocusing on Bitcoin. Bitcoin's market share is generally considered an important indicator of fund rotation in the crypto market. A rise in market share often signifies a consolidation phase, with Bitcoin outperforming altcoins; a decline often accompanies funds flowing to higher-risk assets, driving an "altcoin season." Previously, Bitcoin's market share reached a high of 62% to 63% in mid-2025, before declining continuously amid rising altcoin activity, falling to around 54% at one point. The current rebound to over 58% suggests that the market is more likely in a consolidation phase than a full-blown shift towards altcoins.

Odaily Planet Daily reports that the U.S. Commodity Futures Trading Commission (CFTC) has filed an amicus curiae opinion with the U.S. Court of Appeals for the Sixth Circuit, supporting prediction market platform Kalshi and refuting a previous lawsuit filed against it by Ohio. Ohio argued that Kalshi's prediction market operations constituted unlicensed sports betting; the CFTC, however, maintained that the market falls under federal regulation and that state governments have no right to overstep their bounds. CFTC Chairman Michael Selig stated that the Ohio District Court's previous understanding of the CFTC's jurisdiction was "too narrow" and hoped the appeals court would correct it. In recent months, the CFTC has filed lawsuits against Wisconsin, Illinois, Arizona, Connecticut, and New York to uphold its regulatory authority over prediction markets. As platforms like Kalshi and Polymarket gain popularity, the dispute over the regulatory boundaries between federal and state governments continues to escalate.