•Chinese President Xi Jinping warned against renewed US strikes on Iran, describing the Persian Gulf situation as a critical juncture between war and peace.
•President Xi called for a comprehensive ceasefire in the Middle East and the immediate reopening of the Strait of Hormuz for unimpeded trade.
•Beijing hosted Russian President Vladimir Putin for a high-stakes summit to discuss energy cooperation and a strategic alliance against 'unilateral bullying'.
•Equity Residential released its quarterly results and updated guidance, providing insights into multifamily operating trends in coastal US markets.
•FedEx Corp. released its fiscal third-quarter 2024 results, focusing on network management and costs across its Express, Ground, and Freight segments.
•The National Advertising Review Board referred Merck Animal Health to the FTC and FDA for failing to comply with recommendations to modify dosing claims.
•Akamai Technologies announced the pricing of a private offering of $1.5 billion in aggregate principal amount of 0% convertible senior notes due 2030.
•President Xi Jinping and President Donald Trump agreed on building a constructive relationship of strategic stability as a 'new positioning' in bilateral ties.
•Crescita Therapeutics obtained a final court order from the Ontario Superior Court of Justice approving its plan of arrangement with ClinActiv Holdings.
•Patrick Witt of the President’s Council of Advisors confirmed the administration has cleared legal hurdles to establish the Strategic Bitcoin Reserve.
•The reserve currently holds an estimated 328,372 BTC, roughly 1.6% of global supply, accumulated through law enforcement seizures.
•The executive order signed in March 2025 prohibits the Treasury from selling any bitcoin held in the reserve.
•President Trump issued an order pushing the Federal Reserve to review granting crypto and fintech firms direct access to the central bank's payment systems.
•Bitwise CIO Matt Hougan argued HYPE is undervalued, claiming the market misprices Hyperliquid's business model as just another perpetual futures venue.
•Bitwise recently launched a HYPE-based ETF and announced it will use a portion of generated fees to purchase the token.
•The Governor of South Carolina signed legislation banning state entities from accepting or requiring payments in Central Bank Digital Currencies (CBDCs).
•The new legislation includes provisions that offer strong support for cryptocurrency mining operations within the state.
•The Governor of South Carolina signed Senate Bill 163, which prohibits state agencies from accepting or requiring payments in Central Bank Digital Currencies (CBDCs).
•The new legislation provides protections for Bitcoin miners against discriminatory zoning and licensing rules within the state.
•South Carolina Governor Henry McMaster signed Senate Bill 163 into law, banning state entities from accepting or requiring payments in Central Bank Digital Currencies (CBDCs).
•The new legislation offers strong legal support and protections for cryptocurrency mining operations within the state.
•The bill passed the legislature with strong bipartisan support, clearing the Senate with a 38–1 vote.
•The Ethereum Foundation has proposed a technical solution to mitigate the risk of hundreds of millions of dollars being stolen from crypto wallets and protocols.
•Bank Negara Malaysia Governor Abdul Rasheed Ghaffour warned of the implications of wars, oil shocks, and trade restrictions on Asia's economic stability.