Odaily Planet Daily reports that sources close to Hong Kong stablecoin license applicants told Caixin that the Hong Kong stablecoin craze will subside as regulatory details are finalized. This is especially true for non-financial institutions whose primary application scenarios are cross-border payments, who may voluntarily abandon early participation due to difficulties in meeting regulatory requirements to "verify the identity of every coin holder." This also means that early-stage internet platforms such as JD.com and Ant Financial may have a hard time appearing on the initial list of licenses. Furthermore, CITIC Group, through its Hong Kong subsidiary CNCBI, has partnered with several institutions to apply for the first batch of stablecoin licenses. Industry insiders note that Bank of China (Hong Kong), one of Hong Kong's three major note-issuing banks, has inherent advantages in issuing a stablecoin, which would also reassure regulators in both places. (Caixin.com)

According to Odaily Planet Daily, Michael Saylor, Executive Chairman of Strategy (formerly MicroStrategy), posted on the X platform: "In the short term, Bitcoin is a trading asset. But in the long term, it will be a treasury asset." Bitcoin is a group of cyberbumblebees serving the goddess of wisdom, feeding on the fire of truth and growing exponentially behind a wall of cryptographic energy, becoming smarter, faster, and more powerful.

According to Odaily Planet Daily, Tomas Lee, Chairman of Bitcoin Treasury Company BMNR, stated in a post on the X platform that Ethereum has outperformed the overall crypto industry since early April. With stablecoins experiencing a "chatGPT moment," Wall Street has flocked to ETH. In the short term, the ETH/BTC exchange rate should at least return to its level of a year ago. The undstrat Capital digital asset team estimates that the fair price of ETH could be around $10,000 to $20,000 within the next 12 months. In the long term, as Wall Street tokenizes real-world assets, it will also begin exploring staking ETH. (Note: Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.)

According to Odaily Planet Daily, Simon Gerovich, CEO of Metaplanet, a Japanese listed company, stated in a post on the X platform that the company aims to explore various tools to raise funds to purchase Bitcoin. Using Bitcoin as the benchmark, Metaplanet's mission is to continuously increase the value of each Bitcoin share. The issuance of perpetual preferred stock is a high-value-added tool designed to maximize long-term shareholder value. Earlier news, Metaplanet has announced plans to issue up to 555 billion yen of perpetual preferred shares to support its capital structure and strategic expansion.

According to on-chain analyst Aunt Ai (@ai_9684 xtpa), 0 x 7 BE...480 D 8, a top-75 HYPE holder, is still increasing his holdings. Twenty minutes ago, he deposited 4.07 million USDC to Hyperliquid, all of which he used to purchase HYPE. This increase in holdings has moved him up eight spots in the rankings. Including the pledged portion, he currently holds a total of 487,209.95 HYPE (approximately $18.65 million), representing a profit of $1.535 million.

Odaily Planet Daily reports that Satoshi Gallery, the project and manufacturer of the Satoshi Nakamoto statue, announced on the X platform that it will offer 0.1 BTC to anyone who helps recover the Satoshi Nakamoto statue stolen yesterday in Lugano. Satoshi Gallery addressed the thieves, saying, "You can steal our symbol, but you can never steal our soul." The Satoshi Gallery team pledged to work together to install the statue in 21 locations around the world.