ZachXBT questions whether UPay may allow Xinbi to white-label Visa crypto cards.

White House National Economic Council Director Hassett said the situation left by Powell is "very unusual." Hassett noted that the U.S. "does not want to get rid of debt through inflation," calling the current interest payment level "unacceptable" and adding that the president is very serious about cutting the deficit. He also stated that the rise in U.S. bond yields is due to strong economic momentum, and expressed respect for the Federal Reserve's independence. Data shows U.S. consumption is very robust, with holiday season consumption expected to perform strongly, and that there have been many positive developments this week. (Jinshi)

According to TradingBeats monitoring, Hyperliquid whale address 0x15a4, labeled by the platform as "BTC’s largest long position holder", currently holds 1,000 BTC long positions with a 40x full-leverage position. Its average entry price is approximately $62,400, generating an unrealized profit of around $24.3 million, translating to a position return of roughly 1,560%. The marked price of BTC perpetual contracts on Hyperliquid is currently reported at $86,600, up about 3.8% in the past 24 hours.

Beating AI News Flash: According to CNN, US President Donald Trump is expected to appoint Clayton as the new head of artificial intelligence affairs, and may announce the decision on the post as early as Friday.

Decentralized privacy trading platform Titan announced that its testnet has launched on the Canton Network. Titan stated that users who join the waitlist will gain early access to the mainnet in the coming weeks.

According to market data from BIT (Bit.com), NVIDIA (NVDA.O) hit an intraday all-time high, rising 2.4%.

According to BIT (Bit.com) market data, crypto-related stocks rallied collectively after the US stock market opened, with most optical module stocks rising, storage stocks seeing mixed performance, and Nvidia hitting an all-time high. Details are as follows: Crypto sector: Strategy (MSTR) traded at $169.410, up 5.55%; Circle (CRCL) at $87.150, up 5.11%; Bullish (BLSH) at $36.810, up 5.81%; Gemini Space Station (GEMI) at $5.300, up 4.54%; Bitmine Immersion (BMNR) at $28.085, up 5.07%; SharpLink (SBET) at $10.120, up 5.64%. Optical module sector: Seagate Technology (STX) at $806.035, down 14.76%; Marvell Technology (MRVL) at $279.050, up 4.09%; Nokia (NOK) at $10.455, up 0.82%; Applied Optoelectronics (AAOI) at $107.800, up 0.45%; Lumentum (LITE) at $1053.125, up 0.70%; Coherent (COHR) at $320.790, up 0.50%. Storage sector: Micron Technology (MU) at $1094.340, down 0.28%; SanDisk (SNDK) at $1732.670, down 3.08%; Western Digital (WDC) at $416.820, down 9.89%.