Planet Midday News

1. Binance to adjust its $1 billion SAFU fund stablecoin reserves to Bitcoin reserves, with the conversion planned to be completed within 30 days;

2. BGB to be listed on the U.S. compliant exchange Kraken today at 23:00 UTC;

3. Base chain ecosystem token MOLT surges over 700% intraday, with market cap exceeding $13 million;

4. Analyst: Reports that Warsh may succeed as Fed Chair impact market trends, gold and silver prices fall;

5. U.S. stock market closes with crypto-related stocks broadly declining, Strategy down 9.63%, Bitmine down 9.89%;

6. Sources: Trump finalizes Warsh as next Fed Chair pick through meetings and calls;

7. SEC Chair: The time is ripe to allow cautious entry of cryptocurrency into 401(k) retirement accounts;

8. Solana chain Meme coin ELON surges over 220x intraday, briefly breaking through $14 million market cap;

9. Securitize plans to merge and list on Nasdaq, revenue for the first nine months of 2025 up 841% year-on-year;

10. A whale deposits $1.87 million into Hyperliquid and opens a 20x leveraged ETH long position worth $18 million;

11. "Cathie Wood" issues warning: High possibility of gold price decline, bubble is not in AI but in gold;

12. pension-usdt.eth closes ETH 3x short position, profiting $2.7 million;

13. South Korea's Financial Services Commission proposes to limit individual shareholder stakes in cryptocurrency exchanges to a maximum of 20%;

14. Probability of "Kevin Warsh being nominated as new Fed Chair" on Polymarket surges to 95%;

15. Market sources: Trump administration preparing to confirm Kevin Warsh as Fed Chair.