Bailey: Stock valuation faces the risk of drastic adjustment
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Bank of England Governor Bailey stated that the expansion of stock valuations is not limited to the optimistic sentiment of artificial intelligence, and the risk of a drastic adjustment in the stock market remains high.
Crypto financial services provider Bitcoin Suisse announced that its subsidiary BTCS (Middle East) Ltd. has obtained a Financial Services License (FSP) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Markets (ADGM), allowing it to provide regulated digital asset financial services, including custody, spot trading, and derivative execution and hedging services, to eligible institutions and professional investors. （Businesswire）
The People's Bank of China, the Hong Kong Monetary Authority, and the Hong Kong Securities and Futures Commission have announced their support for the joint construction of the Hong Kong Electronic Fixed Income and Currency Trading Platform by the China Foreign Exchange Trading Centre and the Hong Kong Stock Exchange. The platform will be based in Hong Kong and open to the international market, and the specific launch time will be announced in a timely manner.
[Hyperscale Data Increases Holdings by 115.9205 Bitcoins, Total Holdings Around 900]
According to PRNewswire, U.S. stock AI data center Hyperscale Data announced that its subsidiary ACG purchased 115.9205 Bitcoins between June 30 and July 6. Currently, Hyperscale Data's total Bitcoin holdings are approximately 900. As of July 6, 2026, the combined value of its Bitcoin, cash, restricted cash, and silver assets is approximately $111.4 million.
