Miners are being forced to choose: continue mining and selling electricity to AI, or transform into data centers? And which side is capital on?

On November 3, 2025, the Hong Kong Securities and Futures Commission (SFC) issued two new circulars in one go, clarifying the latest regulatory expectations for SFC-licensed virtual asset trading platform operators, and putting forward new requirements for increasing the liquidity of virtual asset trading platforms and expanding the products and services offered by the platforms.

AI trading is truly reaping the benefits from retail investors who rely on technical analysis.

If you haven't identified anyone as a "leek" (a metaphor for someone being exploited), then you are.

The second half of the stablecoin era belongs to the foundation of trust jointly built by regulators and the industry.

The probability of an unpopular option instantly jumped from 1.6% to 99%, and the insider address made over $560,000.

Will December be a turning point?

According to the latest data from Polymarket, the market is betting that the probability of the Federal Reserve not cutting interest rates in December has risen to 67%.

All participants agreed that monetary policy is not static, but rather influenced by the latest data, the evolving economic outlook, and the balance of risks.

Trump may select the next Federal Reserve Chairman before Christmas.

This will always be the most dangerous threat to the entire industry.

Stablecoins generate interest through government bonds, through native on-chain mechanisms, and through active management. They share the same name but carry entirely different risks. Understanding their structure is the first principle for understanding the future of stablecoins.

Learn more about how El Salvador is moving towards sovereignty and strength.

New users can now more easily begin their on-chain exploration than ever before.

After the DAT flywheel stalls, who will take over ETH?

The Monetary Authority of Singapore (MAS) has begun developing a regulatory framework for stablecoins, focusing on reserve backing and redemption reliability; the Hong Kong Monetary Authority (HKMA) has announced a new phase of its Ensemble project to support tokenized deposits and real-world transactions of digital assets.