BTW fluctuates, rising 5.39% in 24H

The CEO of Nasdaq stated that asset tokenization has the potential to unleash billions of dollars in value in the global financial system. （Watcher.Guru）

Publicly traded Bitcoin mining companies need approximately $50 billion to complete their planned AI infrastructure projects, with funding gaps of approximately $21.1 billion, $7.2 billion, and $4.6 billion for IREN, Riot Platforms, and HIVE Digital, respectively. When Bitcoin mining companies expand into AI and high-performance computing, borrowing costs vary depending on customers, contracts, and project completion paths. IREN received $3.65 billion in GPU financing in June, with a comprehensive interest rate of 6%; In August, another $2.4 billion in fixed rate financing was obtained, with an interest rate of 9%. In a transaction with Cipher Digital, Google agreed to provide a backstop for a $1.4 billion lease obligation and obtained warrants representing 5.4% of Cipher's equity. According to VanEck data, at the peak of the Bitcoin bull market in October last year, mining company debt increased by about 500% compared to the second quarter of 2024. Despite the weakening of the Bitcoin market and the shift of mining companies towards AI businesses, capital demand continues to rise.

The High Court of the United Kingdom has ruled that the 61000 bitcoins involved in the Tianjin Blue Sky Grey case should be subject to Chinese law, not British law. About 16000 Chinese victims involved in the UK's recovery process may not be able to share the appreciation income of Bitcoin and can only recover the principal and interest. (Source: Caixin website)

In 2026, FOMC voting committee and Cleveland Fed Chair Beth Hammack stated that adopting a restrictive monetary policy stance is appropriate based on current economic conditions, forecasts, and inflation risks to ensure inflation returns to the 2% target. Beth Hamack stated that the overall financial situation is neutral and has not suppressed demand, and the economy can withstand tighter policies; The risk of inflation falling for a longer period of time can be reduced through more frequent and smaller adjustments. If there are obvious signs of deterioration in the labor market, the policy path needs to respond; If inflation is higher than expected, interest rates need to be raised. (Source: Cleveland Fed)

[Hammack: Prefers a Small but High-Frequency Rate Hike Approach] Federal Reserve official Hammack stated that the current federal funds rate policy is not restrictive enough and that financial conditions need to remain tight. He prefers a smaller but more frequent rate hike approach. (Source: Jin10 Data)