News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
Cuomo proposes a Chief Innovation Officer to lead NYC’s push into blockchain and AI, aiming to make the city a global crypto hub.Cuomo’s Tech Vision for New York CityChief Innovation Officer: Driving the Blockchain AgendaMaking NYC a Global Crypto Hub
Coinbase, Chainlink, Galaxy, and others to meet Senate Democrats Wednesday to discuss crypto market structure legislation.Crypto Leaders Head to Capitol HillShaping the Future of Crypto RegulationWhy This Meeting Matters
US spot Bitcoin ETFs saw $1.23B in outflows last week, the second-largest to date. Ethereum ETFs followed with $311.8M in outflows.Massive Capital Exit Hits Bitcoin and Ethereum ETFsInvestor Sentiment Shifting Amid Market UncertaintyWhat This Could Mean for the Market
Bitcoin continues to outshine traditional assets, offering unmatched value, security, and global potential.Bitcoin Stands Apart in the Modern Investment WorldA Hedge Against Inflation and UncertaintyThe Future Is Digital — and Bitcoin Leads the Way
- 11:10Société Générale: A mild recession in the US would lead to a weaker dollarAccording to ChainCatcher, citing Golden Ten Data, Société Générale strategist Kit Juckes pointed out that the U.S. economy faces the risk of slipping into a mild recession, which could trigger larger rate cuts and lead to a weaker dollar. He stated that slowing growth and high U.S. stock valuations could repeat the mild recession scenario of 2001. Juckes warned: "If concerns about inflation, economic growth, asset valuations, and market bubbles ultimately tip the balance and cause the economy to slide into recession, then the declines in both interest rates and the dollar could far exceed our expectations."
- 11:04The Hong Kong SFC supports market-driven regulatory compliance for digital asset funds and tokenized funds.Jinse Finance reported that the Hong Kong Securities and Futures Commission (SFC) expressed its support for promoting regulatory compliance in the market at a seminar held last week by the Hong Kong and Greater Bay Area Fund Administrators Association. The seminar aimed to enhance the industry's awareness of regulatory compliance standards in the rapidly developing digital asset sector. Dr. Yip Chi-hang, Executive Director of the Intermediaries Division of the Hong Kong SFC, delivered a keynote speech at the seminar. During the event, the Hong Kong and Greater Bay Area Fund Administrators Association discussed various risk management and monitoring measures to support the management of digital asset funds and tokenized funds. Notably, the discussion emphasized the importance of internal cooperation within the fund industry to strengthen the adoption of innovative technologies in fund management, while also enhancing technical and regulatory compliance capabilities related to digital assets. Dr. Yip stated: "The SFC is committed to raising professional standards and fostering mutual trust in the digital asset market. By supporting industry participants in their ongoing efforts to comply with regulatory requirements for managing digital asset funds and tokenized funds, we aim to establish a safe, reliable, sustainable, and competitive digital asset fund ecosystem based on robust risk management and investor protection."
- 11:04DeepSeek team open-sources new model DeepSeek-OCRJinse Finance reported that the DeepSeek-AI team has released a paper titled "DeepSeek-OCR: Contexts Optical Compression," proposing a new method for compressing long text contexts using visual modalities. According to the Hugging Face page, the model has 3B parameters.