Federal Reserve's Harker: May Temporarily Hold Rates Steady

According to Nikkei News, the Society for Worldwide Interbank Financial Telecommunication (SWIFT), which oversees cross-border interbank payment services, is currently pushing forward the full-scale adoption of blockchain (distributed ledger) technology. SWIFT has launched a pilot initiative with 17 global banks including U.S. Citigroup and Mitsubishi UFJ Bank, aiming to leverage digital "tokenized deposits" to enable 24/7 instant cross-border remittances. If the scheme is validated to be effective in reducing remittance processing time and cutting fees, among other metrics, it is expected to further drive the mainstream adoption of "tokenized deposits".

According to Bitget market data, Hong Kong stocks opened, with the Hang Seng Index down 0.42% and the Hang Seng Tech Index down 0.69%. Most artificial intelligence sectors declined, with MINIMAX-W and Zhipu falling over 5%, and Alibaba (09988.HK) dropping nearly 2%.

According to a report from The Information, Anthropic has signed a $13.7 billion computing power agreement with Rum Group, an entity associated with Donald Trump.

Renowned crypto trader Bonk Guy shared his insights on Arc Chain in a post, revealing that multiple Arc ecosystem builders have reached out to him over the past weeks to attract high-frequency traders to participate in the chain’s early launch. He had previously overlooked Arc, as he believed on-chain activity in this cycle would center primarily on Robinhood, BNB Chain, and Solana. However, news that FOMO will integrate Arc within days of its launch shifted his short-term outlook on the chain. FOMO is fast becoming a key crypto trading app for retail investors in this cycle; it had not integrated Hyperliquid, Tron, or TON before, though tokens on these three chains have each surpassed $100 million in market cap. Thus, if FOMO supports Arc from its early launch stages, it could bring notable short-term trading opportunities for traders. Moreover, Arc is proactively courting high-frequency traders, signaling it is adopting Robinhood’s early strategy of building on-chain traffic via active trading. Bonk Guy has purchased LONG, the native token of Arc’s main Launchpad, as well as the platform’s top three meme coins. His take on Arc is limited to short-term trading opportunities and does not alter his core view that Robinhood Chain, BNB Chain, and Solana remain the most worthy ecosystems to watch in this cycle. The primary reasons Arc merits attention now are its combination of a new chain, Launchpad, high-frequency traders, and FOMO integration, which may generate early trading opportunities. He also reminds relevant participants that this is a high-risk short-term speculative endeavor.

Nate Geraci, president of The ETF Store, wrote in a post that while it would be positive if the CLARITY Act secures enough votes to advance this week, he does not believe the bill will be decisive for the crypto industry’s future. Under the Trump administration, the U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) can still leverage their existing authority to support crypto sector growth. The crypto industry is evolving far faster than policy-making cycles; by the time U.S. policymakers recognize the financial system has already upgraded, the trend may already be irreversible. The CLARITY Act will only serve as an additional catalyst, providing clearer policy expectations for the crypto sector by boosting market confidence that innovations will not be easily reversed, though the industry’s future does not hinge on the bill’s passage.

According to Bitget market data, SoftBank Group's stock price fell 10% at the opening of trading.