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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%!

On May 21, CNN reported that two sources familiar with US intelligence assessments stated that Iran has restarted some drone production during a six-week ceasefire that began in early April, indicating that Iran is quickly rebuilding certain military capabilities that were damaged due to US and Israeli strikes. Four sources indicated that US intelligence shows the pace of Iran's military rebuild is much faster than initially estimated. The rebuilding of Iran's military capabilities, including the replacement of missile sites, launch systems, and key weapon production capabilities destroyed in the conflict, means that if Trump were to resume bombing operations, Iran would still pose a significant threat to regional allies. This also raises questions about the long-term effectiveness of US and Israeli strikes in weakening Iran's military capabilities. A US official revealed that while the timelines for restarting production of different weapon components vary, some US intelligence estimates suggest that Iran could fully restore its drone attack capabilities within six months. 'The Iranians have surpassed all timelines set by the intelligence community for rebuilding,' said the US official.

[US Intelligence: Iran Rapidly Rebuilding Military Capabilities, Poses Significant Threat if Bombing Resumes]On May 21, CNN reported that two sources familiar with US intelligence assessments stated that Iran has restarted some drone production during a six-week ceasefire that began in early April, indicating that Iran is quickly rebuilding certain military capabilities that were damaged due to US and Israeli strikes. Four sources indicated that US intelligence shows the pace of Iran's military rebuild is much faster than initially estimated. The rebuilding of Iran's military capabilities, including the replacement of missile sites, launch systems, and key weapon production capabilities destroyed in the conflict, means that if Trump were to resume bombing operations, Iran would still pose a significant threat to regional allies. This also raises questions about the long-term effectiveness of US and Israeli strikes in weakening Iran's military capabilities. A US official revealed that while the timelines for restarting production of different weapon components vary, some US intelligence estimates suggest that Iran could fully restore its drone attack capabilities within six months. 'The Iranians have surpassed all timelines set by the intelligence community for rebuilding,' said the US official.

US Intelligence: Iran Rapidly Rebuilding Military Capabilities, Poses Significant Threat if Bombing Resumes

On May 21, Bitwise CEO Hunter Horsley stated that a new type has emerged in the crypto space: revenue chains. Hyperliquid and Solana are among the leaders in this area. While they share some similarities, they also have distinct differences. Both have outstanding communities, user bases, and use cases, among other attributes. I believe they will rise together, much like how iOS and Android benefited from the proliferation of mobile technology. In terms of revenue chains, they are riding the wave of capital markets going on-chain, and the timing is just right for them. The key to the success of Hyperliquid or Solana does not lie in their competition (though healthy competition is necessary), but rather in the rise of capital markets on-chain.

[Bitwise CEO: The Key to Hyperliquid's Success Lies in the Rise of Revenue Chains in Capital Markets]On May 21, Bitwise CEO Hunter Horsley stated that a new type has emerged in the crypto space: revenue chains. Hyperliquid and Solana are among the leaders in this area. While they share some similarities, they also have distinct differences. Both have outstanding communities, user bases, and use cases, among other attributes. I believe they will rise together, much like how iOS and Android benefited from the proliferation of mobile technology. In terms of revenue chains, they are riding the wave of capital markets going on-chain, and the timing is just right for them. The key to the success of Hyperliquid or Solana does not lie in their competition (though healthy competition is necessary), but rather in the rise of capital markets on-chain.

Bitwise CEO: The Key to Hyperliquid's Success Lies in the Rise of Revenue Chains in Capital Markets

Bankrupt crypto exchange FTX is accusing the government of the Bahamas of directing unauthorized access to FTX's systems in order to withdraw assets after the company filed for Chapter 11 bankruptcy in the U.S., court filings from Thursday show.The document, filed in the U.S. Bankruptcy Court for the District of Delaware, didn't specify which transactions were unauthorized or how they occured.
The accusation was included in a document challenging a complaint filed in a New York court by the Bahamian liquidators tasked with overseeing FTX's assets. The liquidators, in their chapter 15 filing, which apply to bankruptcy cases that require cooperation between U.S. and foreign courts, had asked the U.S. court to turn over control of the proceedings to the Bahamas, where the crypto enterprise had its headquarters.

Detail

【Bahamas May Have Directed 'Unauthorized' FTX Transactions, Filing Says】Bankrupt crypto exchange FTX is accusing the government of the Bahamas of directing unauthorized access to FTX's systems in order to withdraw assets after the company filed for Chapter 11 bankruptcy in the U.S., court filings from Thursday show.The document, filed in the U.S. Bankruptcy Court for the District of Delaware, didn't specify which transactions were unauthorized or how they occured.
The accusation was included in a document challenging a complaint filed in a New York court by the Bahamian liquidators tasked with overseeing FTX's assets. The liquidators, in their chapter 15 filing, which apply to bankruptcy cases that require cooperation between U.S. and foreign courts, had asked the U.S. court to turn over control of the proceedings to the Bahamas, where the crypto enterprise had its headquarters.

Bahamas May Have Directed 'Unauthorized' FTX Transactions, Filing Says

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Bahamas May Have Directed 'Unauthorized' FTX Transactions, Filing Says

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