DTCC’s tokenization service initially supports 25 types of securities, with underlying assets totaling around $30 trillion.

According to Hong Kong media outlet HK01, Hong Kong’s BBB Group (Chinese name: Hao Hao Hao Group) is suspected of running a scam, as it claims to invest in Malaysia’s agarwood industry while selling over-the-counter (OTC) stocks and digital assets. The company has reportedly stated it will convert its OTC stocks into "digital assets" (cryptocurrencies) by or before February 2027. Hong Kong Police have received 21 complaints related to these investment projects, involving HK$14 million. The Commercial Crime Bureau is investigating the case on suspicion of conspiracy to defraud, and has carried out arrest operations, with four suspects taken into custody so far. Additionally, the official website of Hong Kong’s Securities and Futures Commission (SFC) has listed "Malaysian Agarwood Plantation Investment / Agarwood Tree Scheme / Agarwood Potted Trees / APT4.0" as a suspicious investment product.

Bloomberg senior commodity strategist Mike McGlone wrote in a post yesterday that a 20% pullback in U.S. stocks could push Bitcoin toward the $10,000 support level. "The first cryptocurrency (BTC), launched in 2009, led the rally in risk assets, but Bitcoin’s 2025 peak above $100,000, gold’s rise to over $5,000 in Q1, and most central banks turning cautious amid surging government bond yields may signal the end of this cycle," he noted. In response, crypto analyst Darkfost countered that a 20% U.S. stock pullback has never historically aligned with a roughly 92% drop in Bitcoin from its highs, so he deemed the price target "highly unlikely."

Well-known trader Killa recently released a video predicting market trends around the U.S. midterm elections. His analysis summarizes the historical timeline correlation between midterm elections and Bitcoin’s bottoming: in 2014, Bitcoin bottomed roughly 70 days after the midterms; in 2018, 40-44 days post-midterms; in 2022, it bottomed almost during the midterm period itself. He believes Bitcoin could form a weekly-level bottom ahead of the November 3 U.S. midterms. Killa outlined two main scenarios: 1. Early bottom scenario: BTC forms a low before or around the midterms (possibly testing the current low, or holding above $80k), then rebounds, first testing the $80k zone, and potentially hitting $95k eventually. This would lead to a bullish fourth quarter, contrary to the widespread expectation of "post-election de-risking". 2. Classic de-risking scenario: Bitcoin rallies to a high (possibly hitting $94-$95k), then sees the typical post-election sell-off/de-risking drop observed in history (3 out of the past 4 midterm cycles followed this pattern). Killa advises investors to closely monitor price action ahead of the midterms and adjust positions accordingly: if an early bottom forms, hold bullish positions post-election; if the rally weakens after peaking, consider de-risking. He stresses that patterns are accelerating, so the historical "post-election must fall" experience cannot be simply copied. As a quantitative trader focused on BTC, Killa correctly predicted the peak of the current bull market in May 2025, and has over 200,000 followers on X. In mid-April, he shorted Bitcoin at $74,688, and switched to long positions during the broad market sell-off on June 5.

Anthropic Co-Founder Jack Clark: An internal economic model shows that if AI models permeate the economy within the next year, U.S. GDP could reach $44 trillion by 2030.

Tom Lee, chairman of Ethereum Treasury Company BitMine, said in a CNBC interview yesterday that if fundamentals remain stable, cryptocurrencies, chip stocks, and neocloud companies are imminent breakout opportunities. All have pulled back to support levels. Lee noted that when fundamentals hold steady while the market grows fearful, this actually represents a pretty favorable risk-reward setup.

Elon Musk responded to a community user on X regarding Tesla’s new "flying" Roadster sports car, stating that the vehicle will be capable of autonomously performing various stunts and will possess "sentient abilities." Tesla will also build a circular track at its Texas headquarters—even more extreme than a Hot Wheels track—for Roadster owners to test their cars. The community user noted that the Tesla Roadster is controlled by a computer sending commands to another computer, with steering, braking, and acceleration all utilizing drive-by-wire technology. Musk replied: "True."