Gate News message, April 23 — Chinese autonomous delivery truck operator Zelos Technology is planning a Hong Kong IPO expected to raise approximately $600 million, according to Bloomberg. The company is in talks with banks; the size and timing of the offering could still change. Founded in 2021, Zelos operates more than 25,000 autonomous vehicles across China and has expanded into Singapore, the United Arab Emirates, and other parts of Southeast Asia and the Middle East. Alibaba's logistics unit Cainiao became a shareholder earlier this year and integrated its unmanned vehicle unit into Zelos through a cash and asset injection in early 2026, expanding the fleet from 2,000 vehicles in 2024 to more than 20,000. Zelos now operates under two brands: its own name for technology products and the licensed "Cainiao Autonomous Vehicle" brand for certain logistics and enterprise customers. The company claims it can reduce last-mile delivery costs by approximately 50% and expects to break even, including R&D expenses, once its fleet reaches about 50,000 vehicles. Management says it expects to deliver more than 1,000 vehicles overseas by the end of 2025.

Abstract: Ethereum's perpetual futures show robust buying pressure, with 24h net taker volume at $5.5B and the highest 30-day average since July 2022. ETH tests $2,400 and eyes a liquidity zone at $2,475–$2,634 as EMAs rise; CVD sits around $12.6B with neutral funding, suggesting a near-term liquidity target in that range. ETH perpetual futures show strong buying with $5.5B 24h net taker volume and a 30-day high; ETH tests $2,400, aiming for $2,475–$2,634 liquidity zone as EMAs rise; CVD ~ $12.6B, funding neutral.

Grayscale Investments has filed a revised S-1 form, planning to convert the Bittensor trust into an ETF, involving the TAO token. If approved, it would be listed on the New York Stock Exchange, boosting liquidity and transparency and attracting more institutional investors. This move reflects growing interest in the decentralized AI space, and it also means institutional capital is looking for new investment opportunities.

By the end of March 2026, Bitcoin market sentiment has heated up. MicroStrategy’s Saylor is once again using a “laser eyes” profile picture, drawing attention and signaling a bullish outlook. Despite being in the red, Saylor continues to accumulate more Bitcoin, aiming to reach 1,000,000 coins. Other investors have followed suit, indicating recognition of Bitcoin’s long-term value and suggesting that the market may be building a new supply-demand balance.

BlockBeats news, on March 28, Michael Saylor posted on social media, stating, "It's time to put the laser eyes back on," which seems to release a bullish signal.

Solana (SOL) has broken through a significant sell pressure zone after a month of consolidation, indicating a potential bullish breakout toward the $100 mark.

As AI computing demand grows, Bitcoin miners' power infrastructure is attracting Wall Street attention. Mining companies possess advantages in land and power resources and are transforming into AI data centers, with the market not yet fully recognizing their potential. Some miners have begun scaling up their power capacity, with total computing power expected to reach 20 gigawatts by 2027. Additionally, mining operations' grid regulation capabilities are increasingly valued and are expected to play a key role in meeting AI data centers' energy demands in the future.

Solana co-founder Toly recently changed his profile picture on X, adding laser eyes and a backpack element, sparking community speculation that a token generation event is imminent. Previously, his profile picture change was also close to the Moonbird project's TGE timing.