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BlockBeats News, May 28th, 10x Research reported that as the demand for AI infrastructure grows rapidly, Bitcoin mining companies are accelerating their transformation into AI infrastructure companies. Its Crypto Stock Basket Index has risen by 56% this year, while BTC has fallen by 17% during the same period. This week, BTC came under pressure due to the surge in U.S. bond yields and the market's increasing hawkish expectations for the Fed. Institutional funds continued to withdraw from non-yielding assets, and the BlackRock Bitcoin ETF also saw significant outflows. Meanwhile, mining companies and AI infrastructure concept stocks soared. KEEL rose by 30% this week, CIFR and IREN both rose by 29%, WULF rose by 24%, and HUT rose by 22%. 10x Research pointed out that several key events this week indicate that mining companies' transition to AI is accelerating, including IREN's acquisition of the $1.6 billion Dell Blackwell system; TeraWulf's acquisition of a 1GW facility in Kentucky; and Hut 8's signing of a $9.8 billion leasing agreement in Texas. On a macro level, as expectations for an Iran ceasefire rise, the safe-haven demand for gold has cooled off, and the U.S. 10-year Treasury yield has fallen back to the 4.47%-4.50% range. The market is now awaiting PCE data and Federal Reserve Chairman Wash's first FOMC meeting.

BlockBeats News, May 28th, according to the financial website Investinglive, this week, due to the lack of substantial progress between the US and Iran, coupled with the hawkish risk from the Fed, the gold price fell to a two-month low. Despite market expectations of an imminent agreement and the reopening of the Hormuz Strait, no official announcement has been made yet. Currently, there is only a lot of noise and rumors. Additionally, in the past few days, limited military strikes have been carried out by both the US and Iran, but the US continues to state that the ceasefire agreement remains in effect. On the Fed side, an increasing number of policymakers are now advocating for abandoning the dovish stance, so we can expect this situation to unfold at the June FOMC meeting. Furthermore, if there is no change in the US-Iran situation before then, with inflation remaining high and US data proving resilient, the market may face a hawkish surprise. In the short term, if the situation is resolved and the strait reopens, a drop in oil prices and an increase in rate cut expectations could support the gold price. However, if the strait remains closed for a longer period, oil prices stay high, then the risk of the Fed being forced to raise rates will increase. (FXStreet)

On May 28, 2026, according to the latest on-chain data from DMDAO, DMD—a decentralized matrix market-making protocol—has completed a cumulative on-chain physical burn of 34,764.93 DMD tokens over the past 7 calendar days. This round of burning was jointly driven by a triple internal-loop mechanism consisting of "transaction tax + freeze tax + liquidity pool deflation," resulting in a continuous boost in deflationary efficiency. The further expansion of this burning round implies that DMD is accelerating its convergence toward its ultimate hard cap of 1,000,000 tokens, pushing for extreme scarcity. As on-chain trading, matrix wealth management withdrawals, and the protocol's internal resonance mechanism continue to operate, market circulating supply is being continuously compressed, and the overall circulation structure has entered a deeper phase of tightening. Meanwhile, the consistent growth in burn data directly reflects the underlying market-making system's capacity for high-frequency spread capture and its genuine business revenue performance. Based on the Euler linear deflation model, as the total circulating supply continuously decreases, the algorithmic weight and value-bearing capacity of the remaining tokens enhance synchronously, establishing a long-term, structured gain logic. DMDAO stated that the deflation of DMD is not driven by market sentiment, but rather built upon a long-term mechanism rooted in real transaction flows, on-chain market-making revenue, and automated algorithmic execution. Under the framework of "Code is Law," every single burn record serves as an on-chain proof of the protocol's economic model in continuous operation. Deflation continues, structure reshapes. The DMD global algorithmic deflationary system is now fully entering deep-water territory.