Bank of America released a report on May 7, stating that HSBC Holdings and Standard Chartered Group will hold investor conferences in Hong Kong from May 19 to 21. According to Jin10, the event is expected to serve as a positive catalyst for both banks, as management will highlight strong operational trends in Asia, particularly in wealth management and capital markets. The report emphasizes HSBC's competitive edge in the Asian market, citing its quality deposit business and effective management strategies that enhance its competitive advantage. Bank of America maintains a 'buy' rating for HSBC with a target price of HKD 158.25. Meanwhile, the bank assigns a 'neutral' rating to Standard Chartered's UK shares.

Strategy executive chairman Michael Saylor has announced that the company is prepared to sell part of its Bitcoin holdings for the first time, marking a sharp shift from the firm’s vow of “never sell” stance that helped define corporate Bitcoin accumulation over the past years.

According to Foresight News, Lookonchain monitoring has revealed that two major Bitcoin holders sold 2,521 BTC approximately seven hours ago, generating significant profits. One address, starting with bc1qlu, purchased 1,470 BTC three weeks ago at a price of $74,448 per coin and sold them seven hours ago, earning a profit of $10.23 million. Another address, starting with bc1qyh, bought 1,051 BTC five days ago at $78,325 per coin and sold them seven hours ago, making a profit of $3.24 million.

AI agents are shifting the AI ​​industry's narrative from one of cost to one of profit. Goldman Sachs believes that with a surge in token consumption, the gross margin inflection point for large-scale cloud vendors and large-model providers may arrive within the next 3 to 12 months.

U.S. President Donald Trump recently shared a social media post featuring a chart that highlights the duration of the 'Iran operation,' which is marked as lasting six weeks. According to NS3.AI, Trump urged readers to 'study this chart carefully,' as it compares the Iran operation's timeline with other U.S. military engagements. The chart lists the Afghanistan war at 543 weeks and the Iraq war at 457 weeks, providing a stark contrast in the length of these conflicts.

Despite efforts by some key U.S. lawmakers to get the bill to the president’s signature by July 4, the banking industry is still lobbying hard to kill the Clarity Act.

Anthropic CEO Dario Amodei announced at the Code With Claude developer conference in San Francisco on Wednesday that the company experienced an 80-fold increase in revenue and AI usage in the first quarter, surpassing expectations. According to ChainCatcher, the company had initially planned for a tenfold annual growth, but the actual growth rate exceeded projections, leading to a strain on computing resources. Anthropic's annualized revenue grew from nearly $1 billion at the end of 2024 to $9 billion by the end of the year, and by early April this year, it had surged to $30 billion. The strong demand for Claude Code and work agents nearly fulfilled the company's annual forecast last month. To alleviate the pressure on computing resources, Anthropic signed agreements with Amazon and Google over the past month for a combined 10 gigawatts of computing power. On Thursday, the company announced plans to utilize all computing resources from xAI's first data center, Colossus 1, located in Memphis, within the next month. Amodei stated that the company will continue to acquire as much computing power as possible.

On May 7, significant trading activity was detected on the Hyperliquid platform. According to BlockBeats On-chain Detection, an address starting with 0xa44 engaged in high-leverage trading, going long on 394.6 BTC with a 40x leverage. The position, valued at approximately $31.94 million, was established at an average price of $81,059, with a liquidation price set at $62,069. Currently, the position is experiencing a slight unrealized loss of about $50,000, equating to a 5% decrease. Additionally, the address holds a 25x leveraged long position in ETH, valued at $5.9 million, and a 10x leveraged short position in TON, valued at $1.4 million. Over the past month, the address has maintained a 95% success rate in its trades, with an average holding period of 22 hours.

South Korea's cryptocurrency sector has urged regulators to reconsider a proposed extension of the Travel Rule to transactions below one million won, approximately $740. According to NS3.AI, twenty-seven domestic Virtual Asset Service Providers expressed their concerns through the Digital Asset eXchange Alliance on April 29. The proposed amendments would mandate both sending and receiving operators to verify customer information for all deposit or withdrawal requests, rejecting transactions if the required information is absent.

Hong Kong's solar energy stocks extended their strong performance from yesterday, with Junda Co., Ltd. (02865.HK) rising over 11% and Flat Glass Group Co., Ltd. (06865.HK) increasing by more than 9%. According to Jin10, GCL New Energy Holdings Ltd. (00451.HK) and GCL Technology Holdings Ltd. (03800.HK) both saw gains exceeding 6%, while Lens Technology Co., Ltd. (06613.HK) rose over 5%. Other companies such as Xinte Energy Co., Ltd. (01799.HK) and Xinyi Solar Holdings Ltd. (00968.HK) also followed the upward trend.

Yunfeng Financial's "Yunfeng Youyu" platform officially launched a "physical gold token" product, open to users who have completed professional investor certification. This product is supported by AlphaToken's blockchain and RWA tokenization infrastructure, using LBMA-certified, 99.99% pure physical gold as the anchor asset, with each token corresponding to 1 gram of gold. The official statement indicates that the gold assets are held in custody by an internationally certified vault, and transparency and security are ensured through independent auditing and fully segregated custody mechanisms. AlphaToken states that it has embedded KYC, AML, asset issuance, and risk control processes into its underlying infrastructure, providing licensed financial institutions with on-chain issuance and management capabilities. Yunfeng Financial stated that it will further integrate AI and Web3 technologies to launch more on-chain wealth management products in the future.

A researcher says Google Chrome can quietly download a 4GB Gemini Nano AI file to users’ devices without clear permission. If deleted, it may be reinstalled unless the feature is turned off in Chrome settings.

Hong Kong-listed jewelry retailers experienced a significant midday surge. According to Jin10, Chow Tai Fook (01929.HK) rose over 5%, while Luk Fook Holdings (00590.HK) and Chow Sang Sang (00116.HK) also saw gains. Chow Tai Fook Jewellery Group (06168.HK) led the rally with an increase of over 19%, and Tse Sui Luen Jewellery (00471.HK) climbed more than 9%. Other companies such as Luk Fook Holdings (00590.HK) and Mengjin Garden (02585.HK) followed suit with notable increases.

US President Trump recently posted a photo on social media with the caption, "Take a good look at this picture." The image lists the durations of several previous US wars: the war in Afghanistan (543 weeks), the Iraq War (457 weeks), the Vietnam War (439 weeks), the American Civil War (209 weeks), World War II (196 weeks), the War of 1812 (139 weeks), and the Iran nuclear deal (6 weeks). (Dongxin News Agency)

Artificial intelligence, Nvidia, chips, energy consumption, the Achilles' heel of AI is not Nvidia. Golden Finance: Few see this, and even fewer dare to bet on it.

If you had to explain the recent explosion of artificial intelligence in just one word, it wouldn't be computing power, parameters, prompt words, or even a particular model architecture, but rather distillation.

The old era of crypto that we are familiar with has come to an end. In the future, value will only be concentrated in four major areas: Bitcoin, stablecoins, blockchain infrastructure, and asset tokenization.

Trump said on Wednesday that the chances of reaching a framework agreement with Iran are "very high," possibly "within a week." Iran is reviewing the US ceasefire proposal, and the two core demands that the US has long insisted on remain unresolved.

Jinse Finance launches its daily cryptocurrency and blockchain news bulletin, "Jinse at 8 AM," issue 3049, providing you with the latest and fastest news on the digital currency and blockchain industry.

Buying Circle stock does not actually mean you have "stablecoin exposure".