Crypto lender Nexo repositions as a digital asset wealth platform

Mastercard is pushing to allow consumers to use stablecoins for spending and merchants to accept stablecoins for payment. "Mastercard is offering a comprehensive 360-degree solution that makes it as easy for consumers and businesses to use stablecoins as money in their bank accounts," the company said. Consumers will be able to spend stablecoins in crypto wallets at more than 150 million merchants around the world that accept Mastercard through traditional cards, and withdraw stablecoins to thei...

Offshore RMB (CNH) against the US dollar at 04:59 Beijing time at 7.2846 yuan, up 39 points from last Friday's New York late trading, the day's overall trading at 7.3026-7.2828 yuan range.

Alibaba Tongyi Qianwen released a new version of the Qwen3 series of models early this morning, including 2 MoE models and 6 dense models, with parameters ranging from 0.6B to 235B. Compared with other top models such as DeepSeek-R1, o1, o3-mini, Grok-3 and Gemini-2.5-Pro, the flagship model Qwen3-235B-A22B achieved competitive results in benchmark assessments such as coding, mathematics, and general capabilities. Tongyi Qianwen also said that the reasoning ability of the Qwen3 model has been gr...

Trump announced the establishment of the Federal Emergency Management Agency (FEMA) agency review committee on social media, including Secretary of Defense Hegseth, Homeland Security Secretary Noam, the governor of Texas, the governor of Virginia, former Mississippi Governor Phil Bryant, Republican National Committee Chairperson Michael Watley and others. Trump said: "The new members will work to repair a severely damaged system...

Foreign investors are still holding back from buying US assets in spite of the market recovery over the past week, according to Deutsche Bank. George Saravelos, head of foreign exchange strategy at Deutsche Bank, studied the flows of funds that have sucked in overseas money into US equities and bonds in an effort to see how foreign investors have moved in "real time" in recent weeks. Mr. Saravelos wrote that the data showed a "sudden stop" in overseas purchases of US assets over the past two mon...

Gold prices reversed a downward trend on Monday as low buying followed trade developments and a flurry of economic data. Spot gold rose nearly 1% to $3,349 an ounce after falling 1.8% at one point. "We are starting to see the first signs that the selling momentum is drying up," said Daniel Ghali, commodity strategist at TD Securities, adding that downside risks to gold were extremely limited. "Western investors, especially independent traders or macro funds, were completely underweight during th...

Bitcoin (BTC) fell in early US trading, but was largely stable following the release of weak macroeconomic data. Bitcoin was trading at just under $95,000 late in the day, up 0.5% in the past 24 hours. The Dallas Fed Manufacturing Index plunged to -35.8, its lowest level since May 2020, reflecting major economic concerns stemming from Trump's tariffs. Meanwhile, hostilities between India and Pakistan may also have heightened market tensions.

Kaiko reported that the announcement of VIP dinner and meeting opportunities for holders of Trump's official memecoin triggered on-chain transfers of $2.40 billion, "the busiest day of the month for the token", with TRUMP prices rising 60% on the day, on-chain activity surging 200%, and recording "the highest single-day volume on a centralized exchange since mid-February".

The three major U.S. stock indexes closed up and down, with the Dow up 0.28%, the S & P 500 up 0.06%, and the Nasdaq down 0.1%. Large technology stocks rose and fell, Intel rose more than 2%, Apple, Tesla, Netflix, and Meta rose slightly; NVIDIA fell more than 2%, and Microsoft, Google, and Amazon fell slightly.

Fintech companies CompoSecure, Baanx, and MetaMask will launch MetaMask metal payment cards globally in the second quarter. The MetaMask Metal Card allows users to make payments directly from their self-hosted MetaMask wallet, without the need to pre-deposit, exchange cryptocurrencies for fiat, or rely on a centralized trading platform. All transactions are authorized in five seconds through smart contracts. Users are required to save their cryptoassets in an on-chain wallet on the Linea network...

According to foreign media reports, OpenAI has announced that users will soon be able to purchase products through ChatGPT. The launch of the shopping button for artificial intelligence search queries will be available to everyone, whether they are logged in users or not. It is reported that shoppers will not be able to checkout within ChatGPT, instead they will be redirected to the merchant's website to complete the transaction. Product recommendations shown to potential shoppers are based on C...

According to Politico, the US Republican Party seeks to limit the antitrust regulatory powers of the US FTC (FTC), transferring power to the Department of Justice.