Fed's Hamaker: Inflation Remains Above Target, Time to Act Now

Coinbase has published a post outlining its Agentic Finance (AiFi) strategy, arguing that AI agents are emerging as participants in economic activities. In the future, they will not only make decisions on behalf of users but also need the ability to pay, receive payments, hold, and transfer assets. Coinbase divides AiFi into two core areas: "agentic trading" and "agentic commerce", and believes that cryptocurrencies and stablecoins can provide 24/7, programmable, global, and low-cost financial infrastructure. The exchange says it has launched products including Coinbase Advisor, Coinbase for Agents, x402, and Coinbase Business to equip AI agents with investment management, trading, and machine-to-machine payment capabilities. Among these, Coinbase for Agents connects to AI tools such as Claude, ChatGPT, and Cursor via MCP, allowing users to set trading goals, permissions, and guardrails, with AI agents executing trades autonomously when conditions are met. Coinbase also disclosed that based on its open payment standard x402, it has processed more than 205 million transactions to date, with a total transaction value of $53 million, covering 200,000 merchants, of which 67% were transactions facilitated by Coinbase. Coinbase added that USDC currently accounts for 99% of on-chain agentic commerce transaction volume, and x402 makes up 97% of agentic finance protocol usage, with related activities primarily running on Base. Coinbase believes that AI agents will become a new type of economic participant, and cryptocurrencies can provide them with global, 24/7, and programmable financial infrastructure that the traditional financial system lacks.

According to HTX market data, HYPE has surged past $85, hitting a fresh all-time high, and is now trading at $85.27, with a 24-hour gain of 4.89%.

Grayscale Research stated in a report that Zcash (ZEC), a privacy-focused, Bitcoin-like decentralized digital currency, is poised to pose a genuine challenge to Bitcoin’s network effects. Grayscale highlighted Zcash’s unique advantages over Bitcoin: robust financial privacy, ongoing development to mitigate cybersecurity risks from quantum computing, and cross-chain connectivity via "intents" technology—traits that could grow increasingly critical in the AI-driven surveillance era. The firm noted ZEC has rallied roughly 19 times over the past year, yet its current market capitalization remains less than 1% of Bitcoin’s. Grayscale added this indicates there is still room for competition in the monetary crypto asset segment, suggesting Zcash could continue to expand its market share. However, the firm also stressed that investing in Zcash carries high risk; even if it successfully challenges Bitcoin, its growth is unlikely to be linear.

According to market data from BIT (Bit.com), NVIDIA’s stock price rally has widened to 8.22%, marking its largest single-day gain since April 2025, with a total market capitalization of $5.47 trillion.

According to GMGN market data, the meme coin CASHCAT on the Robinhood Chain ecosystem once reached a market capitalization of $256 million, surging 26.9% in 24 hours to hit a new all-time high.

Trade.xyz announced that the perpetual market for State Street SPDR S&P Biotech ETF (XBI) is now live, supporting 10x leverage and offering 24/7, 365-day trading. Each XBI unit corresponds to one share of the State Street SPDR S&P Biotech ETF and is priced in U.S. dollars. The ETF is listed on NYSE Arca and tracks the S&P Biotechnology Select Industry Index, an adjusted equal-weight index covering U.S. biotech companies.