Today's Key Highlights

  • Gold price breaks above $4,500: The gold market is on the rise again, potentially setting the stage for a new record high and drawing attention from global investors.

  • $15.07M WBTC swapped to WETH: A major reserve wallet converted WBTC into WETH, which may signal growing confidence in the Ethereum ecosystem.

  • MSCI retains Bitcoin-related firms in indices: MSCI has decided not to remove Bitcoin treasury companies from its indices, indicating openness to emerging asset classes.

  • Meta's Manus acquisition under Chinese review: According to the Financial Times, the Chinese government is closely examining Meta's $2 billion acquisition of Manus.

  • Stablecoin revenue projected to reach $5 billion: Ethereum, as a leading platform for stablecoin deployment, is expected to generate around $5 billion in revenue for issuers by 2025.

  • Barclays explores tokenized money: Barclays has acquired a stake in stablecoin settlement firm Ubyx, aiming to explore the potential of tokenized currencies.

  • Updates on H200 chip sales to China: Jensen Huang noted that H200 production is accelerating, with final export license details still being finalized.