A more intelligent life has emerged, but humanity must retain its humanity.

真传奇还是拉高出货？

The first step for an AI Agent to become a true economic entity is not to become smarter, but to have its own wallet.

By lowering the barriers to training and inference, more domestic storage, chip, and networking manufacturers are brought into the AI infrastructure competition.

We must admit that this track has crossed a significant threshold that other crypto narratives have never successfully achieved – it is generating real revenue from non-crypto native customers.

When AI agents can pay for data themselves and autonomously decide their analytical pathways, the way Wall Street works is being reshaped.

As long as the application side continues to create demand, the AI infrastructure chain is far from its finale.

An essential catch-up on in-depth quality analysis articles and this week's hot topics.

Also LIT, NEAR, GRASS, USELESS and WLD.

The God of Retail Investors, or a Glorified Gambler

Some capitalists are only willing to share hardship, not prosperity

In May 2026, the global crypto market underwent a profound liquidity repricing under the triple impact of the Federal Reserve power transition, anomalous bond market movements, and a Bitcoin crash. On May 15, Kevin Warsh officially took office as the new Fed Chair, immediately facing the challenging situation of a 6% year-over-year surge in April PPI, with inflation nearly offsetting three years of anti-inflation achievements. The three major changes under Warsh's policy—accelerated balance sheet reduction, redefining the inflation target, and downplaying forward guidance—fundamentally challenged market pricing logic. At the same time, the 30-year U.S. Treasury yield broke through the psychological 5% barrier, triggering a rare sell-off wave in the global bond market.

In a sluggish crypto narrative market, they've teamed up to thrust ZEC back into the spotlight.

If valuation exceeds $1.5 trillion, the price-to-sales ratio could reach 80 times, compared to the overall price-to-sales ratio of the top 15 US companies by market cap, which is only about 7 times.

Vera CPU opens up a new $200 billion market for Nvidia.

From founder Dario Amodei's personal obsession to the internal factional strife within the US AI industry and the geopolitical game of US-China AI decoupling, the wave of account suspensions at Anthropic is more the inevitable result of multiple intersecting forces and conflicting contradictions.