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Gold prices may face a crucial decision
Gold prices may face a crucial decision

新浪财经·2026/05/06 07:51
Strait of Hormuz Tensions Escalate, Oil Surge Caps Upside for Risk Assets
VIPStrait of Hormuz Tensions Escalate, Oil Surge Caps Upside for Risk Assets

1) The Strait of Hormuz standoff continues, with WTI up another 8.5% this week and up 63% since March. Iran's blockade has entered its fifth week, and neither side is showing signs of compromise. WTI closed at $106, compared with around $65 before the war, marking a nearly 80% gain in just two months. The nature of this oil rally matters: it is a pure supply-side shock, which creates a more direct transmission chain. Inflation expectations rise passively, the rate-cut window narrows, liquidity expectations tighten, and valuations for risk assets come under pressure. 2) SpaceX momentum builds, while Bitget offers preSPAX spot trading. Around May 3, the Starship flight test program made important progress, with further improvements in booster and spacecraft landing and recovery capabilities. Full-system reusability reached a new high. At the same time, SpaceX's valuation has continued to climb, placing it among the world's most valuable private companies, with strong market interest in a potential IPO. Bitget currently offers preSPAX spot trading, giving retail users one of the most direct and convenient ways to gain secondary-market exposure to SpaceX's valuation growth. 3) Small-cap futures factor strategy's Top 10 basket is 115.7% YTD. The key is diversification to capture tail events. From 400+ futures, the model selects the Top 10 daily based on factor scores and holds them equally weighted. Core factors include negative funding rates, which indicate crowded shorts paying longs; sharp OI growth without price movement, which suggests concentrated short positioning before a potential breakout; and short-led liquidations, which show that a squeeze is already underway. The Top 10 basket is up 115.7% YTD, with a maximum drawdown of 43.4% and a Sharpe ratio of 2.21. Assets to watch: BTC · PRESPAX · BIO · GALA · Coinbase (spot & derivatives; with Coinbase earnings on May 7 AMC as a potential catalyst.)

Bitget·2026/05/06 07:46
Flash
08:35
Rio Tinto Chairman says the new CEO is rapidly advancing strategies in a fast-changing environment
Barton stated that the current global environment "demands us to act swiftly and decisively." He said that demand for minerals and metals is rising, while bringing new supply to market remains challenging. Barton highlighted the increase in Rio Tinto's stock price over the past year. He said: "For me, this not only reflects favorable market conditions and the growing demand for our business, but also increasingly demonstrates confidence in the way we deliver."
08:34
Brazilian listed company OranjeBTC supports Strategy to adjust STRC dividends to be distributed semi-monthly
Odaily reported that Brazilian listed company OranjeBTC (OBTC3) voted in favor of Strategy's proposal to adjust STRC dividend payouts to a bi-monthly schedule. OranjeBTC stated that it believes this adjustment may reduce volatility, deepen liquidity, and drive stronger demand.
08:32
Stable to launch mainnet v1.3.0 upgrade on May 13
Foresight News reports that Stable announced the mainnet v1.3.0 upgrade will be activated on May 13 at 15:00 (UTC+8), at block height 24,077,500. This version focuses on strengthening execution security and improving network consistency, enhancing protection for precompiled execution, EVM execution fixes and consistency, as well as RPC reliability improvements. According to the official statement, this upgrade is mandatory and not backward compatible. Node operators must complete the upgrade before the specified deadline to avoid potential issues such as deposit and withdrawal processes.
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