Microsoft joins the ranks of companies taking on heavy debt amid the AI boom, planning to raise at least $25 billion through U.S. bond issuance.

Over the past few hours, 5 whales have all opened long positions on $HYPE, totaling 597,912 $HYPE ($52.7M).

U.S. September core PCE price index rose 3.1% year-over-year, in line with market expectations of 3.10%, up slightly from the prior reading of 3.00%.

The initial annualized quarterly rate of U.S. real GDP for the third quarter came in at 3.4%, a sharp acceleration from 2.2% in the prior quarter and exceeding market expectations of 3.2%. The artificial intelligence (AI) investment boom continues to drive economic growth. So far this year, U.S. companies have ramped up large-scale investments in AI data centers and high-tech equipment, providing key support for economic expansion. Despite persistent inflationary pressures, consumers have maintained robust spending. Federal Reserve (Fed) Chair Waller said Wednesday that economic growth momentum has strengthened, noting that consumer spending is solid and capital expenditure as a share of GDP is at a historic high. U.S. President Donald Trump described the U.S. economy as "the hottest economy in the world". U.S. economic growth continues to outpace other member states of the Group of Seven (G7).

OKX founder and CEO Star stated on social media platforms that he will push perpetual contracts into the regulated U.S. market. The project is being jointly developed by Intercontinental Exchange (ICE, parent company of the New York Stock Exchange), on-chain perpetual contract platform Trade.xyz, and OKX. According to public information, ICE has signed a definitive agreement with Trade.xyz, planning to build an independent trading and clearing framework in the U.S. to support 24/7 perpetual contract trading for stocks, indices, commodities, foreign exchange, and crypto assets. Under the partnership, ICE acts as the exclusive operator of this U.S. market, Trade.xyz serves as ICE’s exclusive partner for launching the business in the U.S., and retail user distribution will be handled via a joint venture between ICE and OKX. Star noted that the collaboration will combine ICE’s institutional-grade market infrastructure, Trade.xyz’s on-chain innovation capabilities, and OKX’s distribution and trading technology, with the aim of forming a new generation of global, all-weather financial markets.

According to Lookonchain's monitoring, five whales opened long positions on HYPE over the past few hours, totaling 597,912 HYPE tokens and valued at $52.7 million.

Coinbase submitted an application for authorization as a virtual asset service provider to the Central Bank of Brazil on Wednesday. A spokesperson said the review of the application is not expected to require suspending existing services. Under the new regulations, existing service providers that submit applications before the deadline may continue operating during the review period; those that fail to apply by the deadline must cease operations within 30 days after the deadline. Coinbase also reiterated its plan to bring its Everything Exchange strategy to Brazil, potentially expanding into foreign exchange, payments and other businesses, though separate regulatory authorization will be required.