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- Abercrombie & Fitch's Q2 2025 $1.2B sales and $2.32 EPS exceeded forecasts, driven by customer-centric strategies and a Taco Bell collaboration. - Analysts show mixed reactions: BTIG lowers price target to $118 while maintaining "Buy," JPMorgan downgrades to "neutral" over growth concerns. - The Hollister x Taco Bell capsule collection (11 styles) targets Gen Z with "future vintage" nostalgia, aligning with CEO Fran Horowitz's retail expertise expansion. - Despite 6.6% YoY revenue growth and consistent e
- Canada's 2025 budget introduces stablecoin regulations requiring reserves, redemption policies, and risk frameworks, overseen by the Bank of Canada with $10M allocated for implementation. - ECB warns $280B stablecoin market risks destabilizing finance by draining bank deposits, triggering reserve asset fire sales, and threatening U.S. Treasury markets during "runs." - Industry advocates like Coinbase argue reserve-backed stablecoins enhance stability, while firms like Republic Technologies invest $100M i
- Ethereum faces conflicting short-term volatility and long-term institutional adoption growth, with $7.4B real-world assets tokenized and major banks expanding Ethereum-based frameworks. - Upcoming Dencun upgrade (2026) aims to boost scalability via EIP-4844, but governance risks persist as 10.4% of ETH is controlled by nine firms, warns co-founder Vitalik Buterin. - Bearish technical indicators show ETH below key moving averages, with $2,850 support level critical; quantum computing threats could break E
- Fed's 2025 rate cut and QT end boosted risk assets, with Solana ETFs seeing $37.33M inflows amid Bitcoin outflows. - Solana's DEX volume surpassed $1T, driven by institutional confidence post-Coinbase acquisition. - Policy uncertainty caused short-term Solana price dips, but growing institutional interest highlights its macro-hedging appeal. - Anticipated 2026 QE could further boost Solana's ecosystem as liquidity expands and fiscal flows increase.
- 2025 cloud mining platforms address Bitcoin's rising hardware costs and difficulty through AI, renewables, and transparent contracts. - Top platforms like AutoHash (Swiss AI-optimized) and Bitdeer (enterprise-grade) leverage renewable energy for sustainable, scalable operations. - Industry trends show shift toward decentralized hashpower, AI yield optimization, and institutional-grade transparency in cloud mining. - Platforms with verifiable registrations, short-term contracts, and renewable energy facil
- 09:19Arthur Hayes adds another 2 million ENA and 364,000 ETHFI to his holdingsAccording to Jinse Finance, OnchainLens monitoring shows that Arthur Hayes (CryptoHayes) has recently continued to purchase tokens from FalconX. The latest data indicates that he has once again bought: 2 million ENA (worth $556,000), increasing his total ENA holdings to 4.89 million (approximately $1.37 million); and 364,987 ETHFI (worth $287,000), raising his total ETHFI holdings to 696,000 (about $543,000).
- 09:19Philippine Digital Asset Exchange: The tokenized asset market could reach $60 billion by 2030According to a report by Jinse Finance, based on the white paper "Project Bayani: The Asset Tokenization Opportunity in the Philippines" released today by the Philippine Digital Asset Exchange (PDAX), Saison Capital, and Onigiri Capital, the tokenized asset market in the Philippines could reach $60 billion by 2030. Public equities ($26 billion), government bonds ($24 billion), and mutual funds ($6 billion) are expected to dominate the market.
- 08:38Do Kwon requests that the US court sentence him to no more than five years in prisonOn November 27, according to Bloomberg, Terraform Labs Pte. co-founder Do Kwon stated that he has requested a U.S. court to sentence him to no more than five years in prison for his involvement in the $40 billion TerraUSD stablecoin collapse-related fraud case in 2022. In August, Kwon pleaded guilty to conspiracy and wire fraud charges, thereby avoiding a trial. He was previously arrested in Montenegro and convicted for using a fake passport as a fugitive wanted by South Korea, and was subsequently extradited to the United States.