BYD has released the Super Intelligent Avatar DiDi Xia, achieving full-stack memory, cross-domain interaction, edge-cloud collaboration, and fast-slow thinking

May 28, per Bitget market data, the U.S. stock market opened with mixed performance: the Dow Jones Industrial Average dipped 0.06%, the S&P 500 declined 0.47%, and the Nasdaq edged up 0.04%. HP Inc. (HPQ.N) jumped over 3% after its second-quarter earnings exceeded analysts’ expectations, with Bank of America Global Research lifting HP’s price target from $16 to $18. Additionally, several investment banks have been intensively hiking price targets for tech stocks—Mizuho holds a particularly bullish outlook on the semiconductor sector, as detailed here: https://www.theblockbeats.info/flash/348269. U.S. cryptocurrency-linked stocks saw broad declines, with: MicroStrategy (MSTR) plunging 5.77%, Coinbase (COIN) dropping 1.87%, Circle (CRCL) falling 3.2%, and BitMine Immersion (BMNR) declining 4.5%. In the U.S. semiconductor and storage sector, results were mixed: NVIDIA (NVDA) fell 0.07%, Intel (INTC) rose 0.34%, AMD (AMD) gained 1.52%, Broadcom (AVGO) slipped 1.1%, Qualcomm (QCOM) droppe

On May 28, per OnchainLens monitoring, an Ethereum ICO whale deposited 1,600 ETH into crypto exchange Kraken, valued at $3.18 million. The whale still holds the remaining 400 ETH, worth $792,000 as of now. Prior to this deposit, the whale spent just $622 to acquire 2,000 ETH, which is now worth $3.96 million, marking a staggering 6,373x return on investment.

On May 28, asset management firm Grayscale delayed its confidential IPO plan—first submitted back in November 2025—citing market volatility and weak investor demand. What’s more, there’s little chance of reviving the offering, with the earliest potential launch window falling in Q4 2026. In 2026, overall enthusiasm for cryptocurrency listings has cooled, with major crypto players including Kraken, ConsenSys, and Ledger also suspending their own IPO plans.

May 28: U.S. asset management firm VanEck officially launched the VanEck BNB Spot ETF (ticker: VBNB) this Thursday, marking the first U.S.-listed exchange-traded fund (ETF) to offer direct spot exposure to BNB. The fund is backed by physical BNB held in cold storage at Anchorage Digital Bank, charges an annual management fee of 0.39%, and does not yet support staking services. In a statement, VanEck noted that BNB is one of the few major cryptocurrencies that still lacks a dedicated U.S. spot exchange-traded product (ETP). This new ETF provides U.S. investors with a regulated channel to access this highly active digital asset through a standard exchange platform.

May 28 — Major global investment banks have rolled out a series of fresh research reports, updating target prices for several prominent tech giants. Key adjustments include: - Bank of America Global Research raised its target price for HP Inc. to $18 from $16, and hiked Broadcom’s target to $600 from $515. - Wells Fargo increased Marvell Technology’s target to $240 from $195. - Credit Suisse made significant upward revisions across multiple tech stocks: ARM’s target rose to $360 from $290; Micron Technology saw a substantial jump to $1,150 from $800; Dell Technologies’ target climbed to $350 from $300; and SanDisk’s target was lifted to $1,825 from $1,625. - Morgan Stanley also boosted Marvell Technology’s target, setting it at $195 versus the prior $172.

May 28 — France’s top financial regulator has warned cryptocurrency firms that if they don’t secure an EU operating license by the end of June, they may be blacklisted and face legal action. Per the EU’s Markets in Crypto-Assets (MiCA) regulation, crypto companies must hold a valid operating license by June 30 to keep doing business in the European Union. European regulators have previously cautioned unlicensed firms to draw up an “orderly winding-down plan.”