UAE’s Largest Fuel Retailer Will Accept Stablecoin in 980 Stations in Three Countries

[“1011 Insider Whale” Long Position Value Reaches $662 Million] The BTC, ETH, and SOL long positions of the “1011 Insider Whale” have reached a value of $662 million, including: - A 5x leveraged Ethereum long position of 175,561.8 ETH, valued at $538.89 million; - A 5x leveraged Bitcoin long position of 1,000 BTC, valued at $89.94 million; - A 20x leveraged SOL long position of 250,000 SOL, valued at $33.13 million.

[Federal Reserve's Goolsbee: The Fed Must 'Take Away the Punch Bowl' to Fight Inflation] Federal Reserve's Goolsbee stated that sometimes, to combat inflation, the Fed must 'take away the punch bowl' (withdraw accommodative policies during economic overheating).

[SEC Approves Nasdaq's New Rule to Reject High-Risk IPOs] The U.S. Securities and Exchange Commission (SEC) approved a new rule on Friday, granting Nasdaq the authority to reject IPO applications that pose manipulation risks. Nasdaq can refuse listings if the company's business location does not cooperate with reviews, if underwriters or other institutions have been involved in problematic transactions, or if the integrity of the management is in question. This rule aims to address the issue of sharp price drops following small IPOs. Over the past year, half of Nasdaq's IPOs raised less than $15 million, and most of their stock prices fell by more than 35% within a year.

[Federal Reserve Goolsbee: Inflation tends to resurge in regions where central banks are not independent] Federal Reserve's Goolsbee stated that in regions where central banks are not independent, inflation often tends to resurge.