ARK Invest Increases Stake in $50 Million Worth of Bullish Stock

May 22nd: Per Bitget market data, Hong Kong-listed AI application stocks extended their upward momentum, with Smart City (02513.HK) surging over 21%, MINIMAX-W (00100.HK) rising more than 11%, NetEase-S (09999.HK) advancing over 7%, and ZHIXING Technology (01274.HK), YOUJIA Innovation (02431.HK), and other names following the rally.

May 22 – According to GMGN Monitoring, Binance Co-CEO He Yi this morning retweeted CZ’s May 2 post on the X platform about the English-language launch of his new book. The original tweet, published on May 2, covers the book’s introduction, a bilingual audiobook edition, and notes that all proceeds from the work will go to charity. On the BSC blockchain, the meme coin “Freedom of Money” – which shares the same name as the book – saw a short-term surge in market capitalization today, peaking at $12 million before pulling back to $9.4 million. It still maintains a 25.6% gain over the past 24 hours, with on-chain trading volume hitting $2.6 million in the same period. BlockBeats advises users that meme coin trading is extremely volatile, driven primarily by market sentiment and hype with no inherent value or practical use cases. Investors should exercise caution and be fully aware of the associated risks.

On May 22, Circle CEO Jeremy Allaire announced on official social media channels that the launch of cirBTC is imminent. Circle Wrapped Bitcoin (cirBTC) is a tokenized version of native Bitcoin (BTC) pegged at a 1:1 ratio. It will be issued by Circle on both the Ethereum mainnet and Arc network, with each cirBTC fully backed by an equivalent 1:1 reserve of native BTC held by Circle’s regulated entity.

On May 22, Bitget market data shows Hong Kong-listed AI application stocks rallied during the trading day. DeepBlue AI (02513.HK) led the gains with a surge of over 22%, followed by MINIMAX-W (00100.HK) up more than 7%, Intellizence (03317.HK) rising 8%, and SpeedyMind (02498.HK) advancing 1.7%.

May 22 — Market data shows that edgeX’s native token EDGE surged past $1.52 today to hit a fresh all-time high, marking a roughly 300% cumulative gain from its Token Generation Event (TGE) opening price. Right now, EDGE is listed on multiple leading crypto exchanges: Bithumb, OKX, Binance Alpha, Bybit, Coinbase, and Bitget. Investors and market watchers are zeroing in on three core catalysts for edgeX: the upcoming V2 platform upgrade, rising trading volume in the Traditional Finance (TradFi) sector, and the protocol’s active buyback mechanism. Fueled by surging demand for on-chain trading of stocks, commodities, and other assets, edgeX’s market momentum has been steadily building in recent weeks.

May 22: Per Coinbob Popular Address Tracker via its Telegram channel @Coinbob_track_CN, the address linked to the so-called "BTC OG Insider Whale" opened a leveraged long position on Bitcoin last night using 5x leverage. As of press time, it has a small unrealized gain of $113,000. Currently, this address holds a long position of 504 BTC, with a position value of approximately $39.15 million and an entry price of $77,394. This address was created just yesterday, receiving fund transfers from a wallet tied to the "BTC OG Insider Whale". Its spot account still holds $29.9 million in untouched USDC. Though the contract was opened with 5x leverage, when factoring in total account funds, the actual leverage amounts to only about 1x. For the whale’s overall on-chain assets: they still hold 10,290 BTC, worth roughly $796 million, bringing their total account value to over $842 million. Another notable recent transaction: before May 10th, this address accumulated around 577,896 ETH (valued a