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7:00 (UTC+8) - 12:00 (UTC+8) Keywords: FTX, OpenRouter, Tom Lee, Walsh1. AI model aggregation platform OpenRouter has completed a $113 million Series B financing round;2. The next round of FTX claims is expected to register on June 16, with payments anticipated to begin on July 31 (UTC+8);3. a16z crypto: Not all tokenized assets truly and equally exist on-chain;4. Economist: Walsh’s nomination is a “malicious suppression” of gold and silver, but the hawkish stance is already a thing of the past;5. Supreme Court Justice Liu Guixiang: In-depth research will be conducted into adjudication rules for new types of cases such as virtual currency and cross-border finance;6. Super PACs have invested tens of millions of dollars to support new lawmakers in defeating a congressman who has opposed crypto for 20 years;7. Tom Lee: The crypto market is about to enter a new “super cycle”, and ETH will benefit from Wall Street tokenization and the wave of AI Agents.

BlockBeats News, May 27th. According to a public analyst report, SanDisk Technology received bullish ratings and target price upgrades from several top investment banks in May. Among them, Melius set a target price of $2,350, Citi set a target of $2,025, Susquehanna set a target of $2,000, with the average target price for May reaching $2,125 per share. Compared to the current stock price of $1,589.55, this target price implies a 33.7% upside. This round of analyst target price adjustments reflects the market's optimistic outlook on SanDisk's long-term prospects. According to statistics, the comprehensive target price range of 18 research reports is $1,000-$2,350, with a median of $1,400. The May upgraded target of $2,125 has significantly exceeded the median level. The industry is generally optimistic about the industry's prosperity cycle driven by high-end storage demand such as AI and cloud computing, which is also a key factor supporting analysts' upward revision of SanDisk's target price.

On May 27, Mark Thornton, a senior fellow at the Ludwig von Mises Institute, pointed out in an interview with Kitco News that the current situation of record corporate profits alongside a significant decline in consumer confidence is not an anomaly, but rather the result of the cumulative effects of a long-term loose monetary environment. He believes that decades of low interest rates and monetary expansion policies have altered the structure of wealth distribution, widening the gap between asset holders and those who rely on wage income. When discussing the Federal Reserve nominee issue, Thornton expressed criticism regarding Kevin Warsh's nomination as chair. He noted that the rapid decline in gold and silver prices following the announcement of the nomination was not merely a market reaction. "Kevin Warsh will certainly go down in history for causing the most malicious suppression of the precious metals market," he said, suggesting that some large financial institutions may have been privy to the information beforehand. He stated, "These gold and silver banks and large banks in New York likely had been consulted before the market was aware and had advance knowledge of President Trump's decision." Regarding the subsequent price fluctuations, he bluntly remarked, "The timing of all these market activities and the ensuing price suppression... I do not believe this is a coincidence." Despite expectations in the market for a return to 'hawkish' policies, with some even comparing it to the significant interest rate hikes during the Volcker era, Thornton believes this scenario is unlikely to materialize.