BlackRock Deposits 3,900 Bitcoins and 31,702 Ethereums into Coinbase

Per monitoring by DeepTech Beat (via its Telegram channel @OneMillion_AI), BYD today unveiled the Xuanji A3 at the company’s "Dare to" Intelligence Strategy Conference. The vehicle comes equipped with BYD’s self-developed 4nm intelligent driving chip—China’s first 4nm autonomous driving chip—supporting both L3 and L4 levels of autonomy. BYD President Wang Chuanfu stated that the product not only leads the industry in chip process technology but also delivers the lowest power consumption per unit of computing power in its segment. --------------------------------- Click the original article link below to join DeepTech Beat’s Feishu AI News Channel, which provides 24/7 coverage of global AI trends and the latest industry developments.

On May 28, the U.S. core Personal Consumption Expenditures (PCE) price index for April posted a 3.3% year-over-year increase, matching the 3.30% analyst forecast and exceeding the prior month’s 3.20% reading. The April core PCE figure hit its highest level since November 2023, meeting market expectations. Source: FXStreet.

May 28 – U.S. Initial Jobless Claims for the week ended May 23 came in at 21.5 thousand, according to FXStreet. That’s higher than the prior week’s revised reading of 20.9 thousand and the economists’ consensus forecast of 21.1 thousand.

May 28: Strategy founder Michael Saylor shared insights on "HODL" — a widely known crypto acronym short for "Hold On for Dear Life" — urging investors to hold Bitcoin firmly amid the ongoing market downturn. HTX market data indicates Bitcoin declined again on May 28, slipping below the $73,000 threshold. Concurrently, Strategy’s Bitcoin holdings have flipped from net profit to an unrealized loss of roughly 3%, equivalent to approximately $1.92 billion. As of May 25, 2026, the firm holds a total of 843,738 BTC, with a combined acquisition cost of around $63.87 billion, translating to an average purchase price of roughly $75,700 per BTC.

On May 28, Garrett Jin, an agent with BTC OG Whale Insider, released the Weekly Market Signal Strategy report, noting that geopolitical developments and the U.S. dollar are stuck in a stalemate. The Strait of Hormuz situation remains unresolved after the U.S. took targeted action against Iran. While U.S. Secretary of State Pompeo referenced “good news,” the White House rejected Iran’s draft peace agreement. U.S. 10-year Treasury yields continue hovering near a 19-year high, sitting in the 5.07–5.18% range. The S&P 500 index briefly hit a new peak before a sharp pullback. Garrett Jin believes no single catalyst will break the current market impasse, and a true turning point will only emerge when at least two of three factors converge: credit conditions, Federal Reserve policy, and geopolitical shifts. Additionally, AI-related capital spending is spreading rapidly from the U.S. to Asia. ByteDance’s capital expenditure is expected to surge to a record $70 billion this year, with Ten

May 28 – The Hong Kong Judiciary announced plans to launch the Hong Kong International Commercial Court (HKICC) under the High Court, a specialized court dedicated to resolving high-value, complex international and cross-border commercial disputes, with judgments enforceable in Mainland China. As a branch of the High Court, the HKICC’s establishment is authorized by the legal framework outlined in the High Court Ordinance and the High Court Rules. To align with global practices and reflect the international, cross-jurisdictional nature of its cases, the HKICC will widely adopt technology in case processing — including remote hearings, electronic filings, e-bundling, and voice-to-text transcription systems — to boost judicial efficiency.