[Bank of America Tests Custom Stablecoin Issuance on the Stellar Network] Bank of America, PwC, and the Stellar Development Foundation have announced that Bank of America is testing the issuance of custom stablecoins on the Stellar network.

[Arthur Hayes Maintains $250,000 Bitcoin Year-End Prediction] BitMEX co-founder Arthur Hayes stated on a program that despite there being only about 30 days left until the end of the year, he still stands by his prediction that Bitcoin will rise to $250,000. Hayes believes Bitcoin's previous pullback to $80,600 and the bottoming out of dollar liquidity are key factors. He mentioned that the deleveraging in October and the conclusion of institutional 'basis trading' strategies via ETFs have reset the market. Additionally, the macroeconomic expectation that the Federal Reserve may end quantitative tightening and further cut interest rates could serve as a catalyst for Bitcoin to break its current all-time high of $126,220 and reach $250,000 by year-end.

[Cathie Wood Reaffirms Bitcoin Target Price of $1.5 Million] ARK Invest CEO and Chief Investment Officer Cathie Wood stated that the company's forecast for Bitcoin's bull market price of $1.5 million remains unchanged. She noted that since the U.S. government shutdown ended, $70 billion has flowed back into the market, and an additional $300 billion is expected to return after the normalization of the Treasury General Account in the next five to six weeks.

[Flap Platform Meme Token Donates Over 76 BNB to Support Hong Kong Relief Fund] Recently, the community on the Flap platform has spontaneously operated the Meme token ($Hong Kong Charity Fund) to donate over 76 BNB (approximately $67,000) to the Hong Kong Relief Fund initiated by Animoca through a transaction tax mechanism. This donation was completed in less than a day. On-chain data shows that the token transaction tax was donated via contract address 0xE789548A54E8420DAa8977d27CD43fB6CEdE5D16 to the Animoca charity address. Relevant transaction hashes and data can be queried on the Dune platform.

[CoinShares Cancels Plans to Launch XRP, SOL, and LTC ETFs in the U.S.] CoinShares has terminated its plans to launch three single-asset cryptocurrency ETFs in the United States, involving proposed funds including Solana (with staking functionality), XRP, and Litecoin.