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17:54

Paul S

Paul S. Atkins stated that he believes Congress will pass the CLARITY Act, and the President will also sign the legislation. (CoinDesk)

17:43

The international copper night session closed down 0.38%. SHFE copper closed down 0.39%, SHFE aluminum closed down 0.31%, SHFE zinc closed down 0.86%, SHFE lead closed down 0.06%, SHFE nickel closed down 0.80%, and SHFE tin closed down 0.27%. Alumina night session closed flat, aluminum alloy closed down 0.28%. Stainless steel night session closed down 0.74%.

17:35

Bimizci reported that two well-known proxy advisory firms—Institutional Shareholder Services (ISS) and Glass Lewis—have recommended that Medallion Financial Corp. shareholders vote against board members Alvin Murstein and Cynthia Hallenbeck in the upcoming election.

The core of this suggestion is that shareholders should "withhold support," meaning not to vote in favor of re-electing these two directors. ISS and Glass Lewis hold significant influence in the industry, and their voting recommendations are often used by many institutional investors as key decision-making references. This opposition specifically targeting Medallion's directors may indicate controversies within the company's governance structure or certain decisions, raising concerns among external advisory firms.Market observers point out that such recommendations typically involve assessments of director performance, independence, or alignment with the company’s strategic direction. Upon receiving such advice, shareholders usually need to weigh their decisions carefully, and the final voting outcome may directly impact the composition of the company’s board and its future governance trajectory.

17:35

Investment firm Bimizci is actively urging Medallion Financial Corp. (MFIN) shareholders to use the blue proxy card in the upcoming vote to support its three board nominees—Eric Kelly, John Kiernan, and Timothy Shanahan.

This move aims to promote changes in the company's board composition in hopes of bringing new strategic perspectives and management direction.

17:34

The Federal Reserve reverse repo operation accepted $1.1677 billion

The Federal Reserve accepted $1.1677 billion from 11 counterparties through fixed-rate reverse repurchase operations.

17:32

BlackRock reduces equity holdings in model portfolio, maintains cautious view on stock market outperformance

A Bloomberg-investigated investment outlook report shows that the world’s largest asset management company has reduced its stock overweight ratio from 3% to 1%. Bloomberg’s compiled data indicates that this adjustment triggered billions of dollars in capital flows among various BlackRock ETFs on Thursday.

17:24

Institutional investors hold 3.9 million bitcoins, accounting for 18.5% of the total supply

Institutional investors currently hold approximately 3.9 million Bitcoin, accounting for 18.5% of Bitcoin's total supply, with ETFs and listed companies being the main holders. (Cointelegraph)

17:14

"The New Stock God" Serenity: If you've missed the Dell rally, you can look for opportunities among upstream suppliers that the market has not yet fully priced in.

BlockBeats reports that on May 30, the "new stock legend" Serenity posted that Trump has publicly mentioned a certain exchange several times this year, and he himself has purchased $1 million to $5 million worth of shares in this exchange. After the experience with Intel, it should have been foreseeable that this exchange would deliver financial results far exceeding expectations.

Serenity believes that after this exchange's results surpass expectations, the market's focus may shift to its upstream supply chain. He stated that if investors think they have missed out on the exchange's rally, they can still pay attention to related upstream suppliers, as the market may not have fully priced in the potential beneficiaries from the exchange's earnings growth.

According to Bitget data, the exchange has surged over 28%, currently quoted at $407.88, and its first quarter earnings far exceeded expectations.

BlockBeats reports that on May 30, the "new stock legend" Serenity posted that Trump has publicly mentioned a certain exchange several times this year, and he himself has purchased $1 million to $5 million worth of shares in this exchange. After the experience with Intel, it should have been foreseeable that this exchange would deliver financial results far exceeding expectations.

Serenity believes that after this exchange's results surpass expectations, the market's focus may shift to its upstream supply chain. He stated that if investors think they have missed out on the exchange's rally, they can still pay attention to related upstream suppliers, as the market may not have fully priced in the potential beneficiaries from the exchange's earnings growth.

According to Bitget data, the exchange has surged over 28%, currently quoted at $407.88, and its first quarter earnings far exceeded expectations.

17:06

Cuprina Holdings announced the completion of a reverse stock split.

Meanwhile, in order to maintain its listing qualifications on a certain exchange market, the company has officially requested a hearing with the hearing panel of the said exchange.

17:02

In the past 24 hours, the MarketVectorTM Digital Assets 100 Small Cap Index rose by 2.31%, currently at 2691.30 points. Since the close of trading last Friday (7*24), it has accumulated a decline of 3.53%, overall showing a W-shaped trend.

MarketVectorTM Digital Assets 100 Mid-Cap Index rose by 1.61% to 2,917.71 points, with a cumulative decline of 4.91% during the period. From May 24-27, it remained stable around 3,050 points (narrow fluctuations at high levels). The MarketVector Digital Assets 100 Index increased by 0.92% to 14,608.72 points, with a cumulative decrease of 3.75% during the period. Over the past seven consecutive days, Solana has fallen by 2.58%, Dogecoin by 3.56%, and XRP by 1.15%. Bitcoin is currently up 0.57%, quoted at $73,890.88, and has dropped 2.64% over the past seven days; Ethereum is up 1.33%, currently at $2,038.128, and has decreased by 1.74% over the past seven days.

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Paul S

Night session futures close

Bimizci reported that two well-known proxy advisory firms—Institutional Shareholder Services (ISS) and Glass Lewis—have recommended that Medallion Financial Corp. shareholders vote against board members Alvin Murstein and Cynthia Hallenbeck in the upcoming election.

Investment firm Bimizci is actively urging Medallion Financial Corp. (MFIN) shareholders to use the blue proxy card in the upcoming vote to support its three board nominees—Eric Kelly, John Kiernan, and Timothy Shanahan.

The Federal Reserve reverse repo operation accepted $1.1677 billion

BlackRock reduces equity holdings in model portfolio, maintains cautious view on stock market outperformance

Institutional investors hold 3.9 million bitcoins, accounting for 18.5% of the total supply

"The New Stock God" Serenity: If you've missed the Dell rally, you can look for opportunities among upstream suppliers that the market has not yet fully priced in.

Cuprina Holdings announced the completion of a reverse stock split.

In the past 24 hours, the MarketVectorTM Digital Assets 100 Small Cap Index rose by 2.31%, currently at 2691.30 points. Since the close of trading last Friday (7*24), it has accumulated a decline of 3.53%, overall showing a W-shaped trend.

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