ZEC Skyrockets to $590, On-Chain Trader Loracle's Long Position Profits Over $6.6 Million

**May 6 Update:** Per Bitget market data, the three major U.S. stock index futures rallied short-term. - Dow Jones Industrial Average futures climbed 0.65% - S&P 500 futures gained 0.61% - Nasdaq 100 futures rose 1.11% This version uses concise, news-friendly phrasing (common in U.S. financial briefs): - Replaced "according to" with "per" (standard for data attribution) - Simplified index names (omitted redundant "Index" for widely recognized benchmarks) - Used bullet points for scannable data (key for quick updates) - Kept action verbs ("climbed," "gained," "rose") that align with U.S. financial jargon No Chinese characters included, matching your request.

May 6 — U.S. and Iranian officials told Axios the two sides are close to finalizing a one-page memorandum to end the ongoing conflict. The U.S. is awaiting Iran’s response to several key demands within the next 48 hours. No deal has been struck yet, but sources familiar with the talks say this is the closest the two sides have come to an agreement since hostilities began. Among other terms, the proposed deal would include: - Iran pausing its nuclear enrichment activities - The U.S. lifting sanctions and unfreezing billions of dollars in Iranian funds - Both sides easing transit restrictions through the Strait of Hormuz

Kimi (Dark Side of the Moon) is set to close a new $20 billion funding round, with its post-money valuation topping $200 billion, LatePost has exclusively learned from Dynamic Beating monitoring (via the Telegram channel OneMillion_AI). Meituan Dragon Ball leads the round, with China Mobile and CPE (CITIC Private Equity) also participating—Dragon Ball alone is investing over $2 billion. This latest round follows three quick-fire funding rounds in January and February this year, which raised $500 million, $700 million, and $700 million respectively. In less than six months, Kimi has raised over $3.9 billion total, with its latest valuation surging more than fourfold from around $4.3 billion last November. To date, Kimi has secured over 37.6 billion yuan in total funding, making it the most well-funded large-scale AI model startup. By comparison: - MiniMax has raised approximately 15 billion yuan (including IPO proceeds); - Zhipu AI has raised about 13 billion yuan. As of

May 6 — Per HTX market data, ZEC briefly surged above $600 and is now trading at $592.66, posting a 24-hour gain of 40.16%. In a report today, Multicoin Capital disclosed it has made a significant investment in Zcash since February, citing expectations that demand for privacy-focused assets will accelerate.

May 6 — Ongoing Middle East tensions are driving fresh pressure on U.S. gasoline prices. The national average for regular unleaded gas hit $4.54 per gallon on Tuesday, according to the American Automobile Association (AAA) — marking the first time it has topped $4.50 since July 2022. The current price is just 50 cents shy of the all-time high of $5.01 per gallon set in June 2022. Seasonally, this is the highest price on record for this time of year. Former President Donald Trump has repeatedly pledged gasoline costs will drop after the end of the Iran conflict. But the longer prices stay elevated, the higher the political risk for the Republican Party heading into November’s midterm elections. Additionally, U.S. national gasoline inventories are at their lowest level for this period since 2014. Morgan Stanley forecasts summer inventories will tighten further, potentially hitting a new all-time low for the season. (FXStreet)

May 6th — Cryptocurrency custodian Taurus has secured a MiFID II investment license in Cyprus, granted by the Cypriot Securities and Exchange Commission (CySEC), the Mediterranean island’s regulatory body. The license lets Taurus offer MiFID-regulated investment services for tokenized financial instruments to banks and asset managers across the European Union (EU). It also enables the firm to support secondary market trading of tokenized bonds, fund shares, stocks and structured products.