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mega Surges 10.07% in 24H, Currently at 0.0907 USDT

【mega currently trades at 0.0907 USDT, up 10.07% in 24h, according to HTX market data.】mega Surges 10.07% in 24H, Currently at 0.0907 USDT

mega currently trades at 0.0907 USDT, up 10.07% in 24h, according to HTX market data.

zest Surges 10.71% in 24H, Currently at 0.133177 USDT

【zest currently trades at 0.133177 USDT, up 10.71% in 24h, according to HTX market data.】zest Surges 10.71% in 24H, Currently at 0.133177 USDT

zest currently trades at 0.133177 USDT, up 10.71% in 24h, according to HTX market data.

zest Surges 10.31% in 24H, Currently at 0.128273 USDT

【zest currently trades at 0.128273 USDT, up 10.31% in 24h, according to HTX market data.】zest Surges 10.31% in 24H, Currently at 0.128273 USDT

zest currently trades at 0.128273 USDT, up 10.31% in 24h, according to HTX market data.

On May 21, Goldman Sachs released a research report indicating that Alibaba (09988.HK) is entering a new phase of significant investment in the AI agent era, as evidenced by the first day of the Alibaba Cloud Summit held in Hangzhou and the chairman and CEO's letter to shareholders released on the same day. Management emphasized that the industry is at a critical turning point in the development of Artificial General Intelligence (AGI), where a large number of AI agents driven by model-generated tokens will take on a greater share of work and become the primary interface between humans and the digital world. The firm believes that a series of AI agent product offerings can support Alibaba's recently proposed annual recurring revenue (ARR) target for MaaS, aiming to reach 10 billion RMB in the June quarter and 30 billion RMB by the end of fiscal year 2027. Goldman Sachs believes that Alibaba's current valuation does not fully reflect its comprehensive AI layout and international cloud potential, expecting the group to increase investments in the AI enterprise and consumer sectors over the next 12 to 24 months while achieving double-digit profit growth. The firm maintains a buy rating on Alibaba and places it on the Asia-Pacific conviction buy list, with a 12-month target price of HKD 180.

[Goldman Sachs: Alibaba Cloud Summit and Chairman's Letter Signal Positive Developments in AI Opportunities]On May 21, Goldman Sachs released a research report indicating that Alibaba (09988.HK) is entering a new phase of significant investment in the AI agent era, as evidenced by the first day of the Alibaba Cloud Summit held in Hangzhou and the chairman and CEO's letter to shareholders released on the same day. Management emphasized that the industry is at a critical turning point in the development of Artificial General Intelligence (AGI), where a large number of AI agents driven by model-generated tokens will take on a greater share of work and become the primary interface between humans and the digital world. The firm believes that a series of AI agent product offerings can support Alibaba's recently proposed annual recurring revenue (ARR) target for MaaS, aiming to reach 10 billion RMB in the June quarter and 30 billion RMB by the end of fiscal year 2027. Goldman Sachs believes that Alibaba's current valuation does not fully reflect its comprehensive AI layout and international cloud potential, expecting the group to increase investments in the AI enterprise and consumer sectors over the next 12 to 24 months while achieving double-digit profit growth. The firm maintains a buy rating on Alibaba and places it on the Asia-Pacific conviction buy list, with a 12-month target price of HKD 180.

Goldman Sachs: Alibaba Cloud Summit and Chairman's Letter Signal Positive Developments in AI Opportunities

On May 21, spot gold touched $4,530 per ounce, rising over $50 for the day, an increase of 1.12%.

[Spot Gold Reaches $4,530/Ounce, Up Over $50 for the Day]On May 21, spot gold touched $4,530 per ounce, rising over $50 for the day, an increase of 1.12%.

Spot Gold Reaches $4,530/Ounce, Up Over $50 for the Day

On May 21, the Administrator of the Federal Aviation Administration (FAA) revealed on Wednesday that SpaceX is proposing an ambitious plan to achieve 10,000 launches per year within five years. However, the agency stated that before approving such an expansion plan, government officials need to see improvements in reliability. In January of this year, SpaceX also announced its plan to launch and assemble a constellation of one million satellites that will orbit the Earth and use solar power to supply energy to artificial intelligence data centers.

[SpaceX Plans to Achieve 10,000 Launches Annually Within Five Years]On May 21, the Administrator of the Federal Aviation Administration (FAA) revealed on Wednesday that SpaceX is proposing an ambitious plan to achieve 10,000 launches per year within five years. However, the agency stated that before approving such an expansion plan, government officials need to see improvements in reliability. In January of this year, SpaceX also announced its plan to launch and assemble a constellation of one million satellites that will orbit the Earth and use solar power to supply energy to artificial intelligence data centers.

SpaceX Plans to Achieve 10,000 Launches Annually Within Five Years

On May 21, according to Onchain Lens monitoring, as HYPE continues to rise, a whale address (0x842) has increased its short position on HYPE fivefold to 353,832 HYPE, valued at approximately $20 million, with an unrealized loss now exceeding $1.88 million. The address also sold an additional 61,044 HYPE, bringing the total amount sold to 125,444 HYPE, with a total value of about $6.5 million and an average selling price of $52.

[Whale Increases Short Position on HYPE Worth Approximately $20 Million, Unrealized Loss Exceeds $1.88 Million]On May 21, according to Onchain Lens monitoring, as HYPE continues to rise, a whale address (0x842) has increased its short position on HYPE fivefold to 353,832 HYPE, valued at approximately $20 million, with an unrealized loss now exceeding $1.88 million. The address also sold an additional 61,044 HYPE, bringing the total amount sold to 125,444 HYPE, with a total value of about $6.5 million and an average selling price of $52.

Whale Increases Short Position on HYPE Worth Approximately $20 Million, Unrealized Loss Exceeds $1.88 Million

On May 21, the UK-listed company The Smarter Web Company announced an increase of 19 bitcoins to its holdings, bringing its total to 2,859 bitcoins. It currently ranks 27th among the top 100 companies holding bitcoin.

[The Smarter Web Company Increases Bitcoin Holdings by 19, Totaling 2,859 Bitcoins]On May 21, the UK-listed company The Smarter Web Company announced an increase of 19 bitcoins to its holdings, bringing its total to 2,859 bitcoins. It currently ranks 27th among the top 100 companies holding bitcoin.

The Smarter Web Company Increases Bitcoin Holdings by 19, Totaling 2,859 Bitcoins

PROVE fluctuated by 51.2% within 24 hours, current price $0.3143

【PROVE 24-hour fluctuation exceeds 50%!】PROVE fluctuated by 51.2% within 24 hours, current price $0.3143

PROVE 24-hour fluctuation exceeds 50%!

According to Bitcoinist, crypto users in the United States exhibited increased loyalty and trust in digital assets despite the crippling bear market. A Q2 Crypto Pulse Study validated that the increased volatility of crypto prices have failed to dampen the enthusiasm of Americans in the asset class. The study covered more than 28,000 retail and institutional traders and investors coming from 23 countries and showed that a large fraction of investors are taking advantage of the bear market, making it a springboard for the next big wave. Majority of Americans remain to be extremely bullish with digital assets. In fact, the only country that suffered a 50% dip in crypto trust was Canada. The rest of the other countries have exhibited strong faith and confidence in the power of digital currencies, showing an above 68% trust rating such as Chile (69%), Brazil (77%), and Mexico (70%). In the United States alone, around 61% of retail investors have invested in crypto during the second quarter which showed a 42% increase from Q1. The most increase in trust score was also seen in the same group with a jump from the first quarter at 61% to 73% in the second quarter. From the institutional perspective, nearly 70% of American investors state that they have recommended crypto use to their respective clients.

Detail

【Crypto users in the United States exhibited increased loyalty and trust in digital assets, study shows】According to Bitcoinist, crypto users in the United States exhibited increased loyalty and trust in digital assets despite the crippling bear market. A Q2 Crypto Pulse Study validated that the increased volatility of crypto prices have failed to dampen the enthusiasm of Americans in the asset class. The study covered more than 28,000 retail and institutional traders and investors coming from 23 countries and showed that a large fraction of investors are taking advantage of the bear market, making it a springboard for the next big wave. Majority of Americans remain to be extremely bullish with digital assets. In fact, the only country that suffered a 50% dip in crypto trust was Canada. The rest of the other countries have exhibited strong faith and confidence in the power of digital currencies, showing an above 68% trust rating such as Chile (69%), Brazil (77%), and Mexico (70%). In the United States alone, around 61% of retail investors have invested in crypto during the second quarter which showed a 42% increase from Q1. The most increase in trust score was also seen in the same group with a jump from the first quarter at 61% to 73% in the second quarter. From the institutional perspective, nearly 70% of American investors state that they have recommended crypto use to their respective clients.

Crypto users in the United States exhibited increased loyalty and trust in digital assets, study shows

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Crypto users in the United States exhibited increased loyalty and trust in digital assets, study shows

Disclaimer：The content above does not represent HTX's positions.，HTX does not provide any trading recommendations.。

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