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Standard Chartered analysts shared their expectations for the FED chairman's speech tomorrow in their new report.



Ahead of a crucial bankruptcy hearing, FTX's reorganization plan receives 95% approval from creditors, resolving issues with asset value and taxable events.

Kansas City FED President Jeffrey Schmid, who was appointed as a FED member and is known for his hawkish stance, spoke about interest rate cuts.



Quick Take Digital Currency Group has fully repaid its short-term debts as of June, the company announced in a quarterly shareholder letter this week. Its only remaining debt is a $1.1 billion promissory note due to its bankrupt crypto-lending unit Genesis in eight years.
- 22:33Data: BTC Surpasses 103,000 USDBTC/USDT is currently priced at $103,000, with a 24-hour decrease of 0.33%.
- 22:19Trump: Four to Five Trade Deals Are About to Be ReachedOn May 10th, according to market news, U.S. President Trump stated, "We have four to five trade agreements about to be reached."
- 22:19Cryptocurrency Update: Ethereum Upgrade Surges Over 20%, Wellgistics Announces XRP Integration PlanEthereum surged over 20% after the Pectra upgrade, boosting market confidence. Wellgistics plans to adopt XRP for payment and asset-liability management, aiming to reduce costs and shorten settlement times in the medical supply chain. SEC Commissioner Crenshaw publicly opposed Ripple's settlement agreement, arguing that it undermines investor protection. German authorities seized $38 million worth of cryptocurrency a day before eXch's closure. The NFT project Doodles launched the DOOD token, which can be used on the Solana network.