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WeBank Tech Unveils Blockchain Infrastructure to Power Hong Kong’s Web3 Ambitions
WeBank Tech Unveils Blockchain Infrastructure to Power Hong Kong’s Web3 Ambitions

WeBank Technology Services has unveiled a new blockchain-based infrastructure to enhance Hong Kong’s Web3 ecosystem, announced at the Hong Kong Web3 Festival 2025.

DeFi Planet·2025/04/07 20:22
Dubai Regulators Unite to Tokenize Real Estate and Advance Crypto in Property Deals
Dubai Regulators Unite to Tokenize Real Estate and Advance Crypto in Property Deals

Dubai is taking a bold step toward modernizing its real estate sector through blockchain technology, as two key regulators sign a strategic cooperation agreement to explore property tokenization.

DeFi Planet·2025/04/07 20:22
Global Crypto ETPs See $240M in Weekly Outflows as Market Sentiment Cools
Global Crypto ETPs See $240M in Weekly Outflows as Market Sentiment Cools

Investor caution returned to digital asset markets last week as cryptocurrency exchange-traded products (ETPs) recorded $240 million in outflows, ending a two-week streak of inflows totalling $870 million.

DeFi Planet·2025/04/07 20:22
McGregor’s REAL Memecoin Falls Short of $1M Presale Goal
McGregor’s REAL Memecoin Falls Short of $1M Presale Goal

Conor McGregor’s much-hyped REAL memecoin has failed to deliver on its ambitious presale target, raising only $390,000—61% below its $1 million minimum goal.

DeFi Planet·2025/04/07 20:22
Standard Chartered sees XRP jumping over 500% to $12.50 by 2028, expects XRP ETF approval in Q3 2025
Standard Chartered sees XRP jumping over 500% to $12.50 by 2028, expects XRP ETF approval in Q3 2025

Quick Take Standard Chartered says XRP’s role in payments and tokenization could fuel a price surge of over 500% to $12.50 by 2028. The bank expects an XRP spot ETF to be approved in Q3 2025, unlocking up to $8 billion in inflows in the first 12 months after ETF approval.

The Block·2025/04/07 16:00
Flash
02:11
The Shiller P/E ratio of US stocks rises to extreme levels seen 25 years ago, as AI frenzy triggers concerns of an "internet bubble repeat"
Jinse Finance reported that on May 23, data showed the Shiller P/E (CAPE) ratio for the U.S. stock market in 2026 has risen to the range of approximately 39.5 to 41.7, reaching the highest level in the past 25 years, second only to the peak of the 1999 internet bubble at around 44 times. Analysis indicates that this round of valuation surge is primarily driven by the AI concept, including the continuous rise of technology giants related to semiconductors, cloud computing, and AI infrastructure. A small number of large-cap tech stocks now account for most of the S&P 500's gains. There are concerns in the market that the current trend shows similarities to the 1999 internet bubble. However, the report notes that, unlike the large number of unprofitable internet companies back then, today's leading AI companies generally have strong cash flow, mature business models, and high profit margins, providing much stronger fundamental support. The current AI investment boom has extended to data centers, energy, power grids, and enterprise-level AI application fields. Analysts warn that the market is currently highly concentrated in a handful of AI giants, and if interest rates rise in the future, or AI commercialization falls short of expectations, or profit growth slows, U.S. stocks may still face valuation compression and volatility risks. Historical data shows that after the Shiller P/E enters historically high ranges, the real return rate of U.S. stocks over the following ten years tends to be in the low single digits.
02:06
The U.S. CLARITY Act may be postponed for review until July, affecting the likelihood of final approval in August.
Jinse Finance reported that crypto journalist Eleanor Terrett posted on platform X stating that, due to ongoing disagreements within the Republican Party regarding the Border Security Coordination Bill, the U.S. Senate was unable to advance the related agenda before the Memorial Day recess. As a result, the crypto market structure bill, CLARITY Act, will have to compete again for Senate floor time after Congress reconvenes in early June. The current Senate schedule is already very tight, with pending legislation including the Housing Bill, Agriculture Bill, and the June 12 FISA Bill deadline. Therefore, it is very likely that crypto market structure legislation will be postponed until July for deliberation, which could affect its chances of final passage before the August recess. It is reported that staff members of the Senate Agriculture and Banking Committees have already begun coordinating and integrating the bill texts behind the scenes, and technical drafting work will continue during the recess.
01:58
Data: A certain whale sold 20,000 ETH at an average price of $2,059 in the past hour, with a total value of $41.18 million.
ChainCatcher news, according to monitoring by Lookonchain, a certain whale sold 20,000 ETH at an average price of $2,059 in the past hour, worth $41.18 million.
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