Binance extends its airdrop campaign for eligible USD1 users

According to Farside's monitoring, U.S. Ethereum spot ETFs recorded a total net inflow of $70.5 million yesterday, among which Fidelity's FETH had a net inflow of $69.2 million.

In the report titled "Investment Strategy: Long China's AI Value Chain", Goldman Sachs analyst Louis Mille wrote: "China's AI industry has officially come into our focus." This is attributed to "an unprecedented combination of massive state support, surging global demand, and structural capital rotation, which has made China's AI one of the most compelling growth stories in today's tech sector." Goldman Sachs put forward three key points to support its investment thesis: a severe mismatch between the market capitalization of Chinese AI firms and their market potential, leaving ample valuation upside; China's AI industrial chain has unique competitive advantages undervalued by the market; and the Chinese AI sector has outperformed other Chinese assets, with capital being structurally incrementally allocated to it.

The Federal Reserve released its meeting minutes on Wednesday, with officials at last month’s gathering generally agreeing they would need to raise interest rates if inflation remains persistently high this year. At the same time, they also concurred that rates could be held steady if upward price pressures fade quickly. Notably, Nick Timiraos—known as the “New Fed Wire” reporter—spotted an interesting detail in the documents: Fed officials are increasingly focusing on an inflation driver barely mentioned in debates just months ago: the boom in AI investment. Per the minutes, this is categorized as one of three key forces pushing inflation higher, alongside the Middle East conflict and tariffs—factors that could keep prices elevated and prompt the Fed to pivot to rate hikes. The minutes, released three weeks behind schedule, reflect growing concerns over inflation outlooks. More officials pointed out that robust business investment in AI infrastructure is a new force that could sustain price pressures. The minutes noted: “Several participants commented that price pressures have become more broad-based, with a large share of goods and services… experiencing significant increases.”

Sony has obtained conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish a national trust bank in the United States. The company plans to launch its subsidiary Connectia Trust this month, with an aim to kick off U.S. dollar-denominated stablecoin issuance and management operations in 2027.

According to Farside’s monitoring, U.S. spot Bitcoin ETFs recorded total net outflows of $84.9 million yesterday, with BlackRock’s IBIT alone seeing total net outflows of $59.1 million.

Offchain Labs co-founder Steven Goldfeder stated that 10% of fees generated by Robinhood Chain and other Arbitrum Layer 2 (L2) networks will flow to the Arbitrum ecosystem. Of that total, 8% will go to a treasury controlled by ARB token holders, while 2% will be earmarked for development funding. This mechanism gives the ARB token holder treasury a steady revenue stream, with the relevant funds potentially used for ecosystem grants, token buybacks, or staking rewards in the future. Should Robinhood Chain’s trading volume continue to grow, it could further strengthen the Arbitrum ecosystem’s revenue-generating capacity.