JPYC CEO: Rising disruptions to Japanese banking services will boost demand for JPYC, the yen-pegged stablecoin.

According to market data from the BIT stock platform, the three major US stock index futures rose collectively: S&P 500 futures gained 0.76%, Nasdaq 100 futures rose 1.67%, and Dow Jones futures increased 0.25%. In individual stock moves, Intel (INTC.O) climbed 5% in pre-market trading; Nvidia (NVDA.O) rose nearly 3% pre-market, after the semiconductor giant had dropped a total of 9.5% over the prior two trading sessions.

Trader 0x8742 previously went long on 18,000 ZEC with 10x leverage, holding a position valued at around $17.63 million. The trader is currently facing an unrealized loss of over $2.8 million, with an estimated liquidation price of $895.46.

$ZEC has dropped below $1,000! Trader 0x8742 opened a 10x long on 18,000 $ZEC ($17.63M) and is now down over $2.8M. Liquidation price: $895.46.

According to Bitget market data, the Hang Seng Index (HSI) and Hang Seng Tech Index (HSTECH) opened lower and trended downward today. They attempted to rally in the morning session but lacked upward momentum, with losses widening in the afternoon. By the close, the HSI fell 0.98% to 24,315.92 points, while the HSTECH dropped 1.41% to 4,027.06 points. Trading volume on the HSI market reached HK$180.749 billion, compared with HK$178.175 billion in the previous trading session. In terms of individual stocks, MINIMAX-W (00100.HK) rose 4.04%, and Zhipu (02513.HK) gained 3.73%.

CryptoQuant certified author Axel Adler Jr. published a report stating that U.S. spot Bitcoin ETFs have recorded a cumulative net outflow of $969 million over the past five trading days, with related fund flow indicators declining by $766 million over the past week. Only 15% of trading days in the past year have seen this indicator at or below the current level, reflecting a clear weakening in fund demand. Meanwhile, the Coinbase Premium Index has stayed negative for 70 consecutive days, currently standing at -0.14%—one of the lower levels in the past year, indicating sluggish demand in the U.S. spot market. The combined pressure from ETF outflows and weak U.S. spot demand is weighing on the Bitcoin market, with both indicators suggesting the market may continue its correction. If ETF fund flows shift back to net inflows and the Coinbase Premium Index rises above zero, it will signal an improvement in demand.

According to Reuters, Deutsche Bank announced today that its digital asset custody service has officially launched and is now available to paying clients. The service, first unveiled in September this year, primarily targets European institutional and corporate clients, supporting the safekeeping and storage of digital assets such as Bitcoin and Ethereum. Paul Maley, Head of Global Trust and Securities Services at Deutsche Bank, stated that the bank’s medium-term goal is to build a fully integrated, regulated ecosystem encompassing digital asset custody, tokenization, and settlement services. The bank previously told Reuters that it plans to expand the relevant services to Asia. Additionally, Deutsche Bank has signed a memorandum of understanding (MoU) with its majority-owned asset management firm DWS, and the two sides will explore comprehensive business and technology cooperation opportunities in the digital asset sector.