Ryan Rasmussen predicts that Bitcoin price will exceed $1 million by 2030

The Singapore Exchange has been authorized by the US Commodity Futures Trading Commission (CFTC) to allow US institutional investors to directly trade perpetual futures on Bitcoin and Ethereum. KC Lam, head of encrypted derivatives at the Singapore Exchange Group, stated that this move connects traditional financial trading institutions in the United States with liquidity pools in Asia. The perpetual futures of Bitcoin and Ethereum on the Singapore Exchange will be launched at the end of November 2025, with a cumulative trading volume of $5.8 billion, approximately 400000 lots.

OKX has announced the addition of xSNDK/USDC, xMU/USDC, xSPCX/USDC, and 20 other trading pairs to multiple services, including spot trading, officially launching on 2026-09-10 at 08:00 (UTC+8). Notes: - Tokenized stocks do not provide direct ownership or shareholder rights. - Prices and liquidity may vary during non-trading hours. - The launch date is September 10, 2026, supporting 20 USDC spot trading pairs and the buying/selling and instant exchange of 90 tokenized equity assets.

OKX has announced the addition of OPENAIUSDUM and ANTHROPICUSDUM to multiple services, including futures contracts, officially launching on 2026-09-10 at 08:00 (UTC+8). Notes: - Pre-IPO contracts only trade on price fluctuations; users do not hold any actual equity. - The underlying assets have not yet been listed, and the actual shares, valuation, and IPO timeline are highly uncertain. - If the IPO is canceled, the platform reserves the right to delist or settle the contracts at a price determined at its discretion.

Vice Governor of the People's Bank of China, Lu Lei, stated that during the 15th Five Year Plan period, the People's Bank of China will improve the mechanism for releasing base currency, perfect the reserve requirement system, flexibly and accurately carry out open market operations, improve the mechanism for forming, regulating, and transmitting market-oriented interest rates, enhance the guiding role of policy interest rates, and guide short-term money market interest rates to operate smoothly around policy interest rates.

The machine learning model constructed by Bloomberg's economic research team shows that the Bank of England (BOE) is highly likely to raise the benchmark interest rate from 3.75% to 4% in February next year, earlier than most economists' predictions of keeping interest rates unchanged. This model is trained on over 50 economic and market indicators since the independence of the Bank of England in 1997. If oil and gas prices continue and push inflation to around 4%, the risk of rising inflation expectations will force the Bank of England to tighten monetary policy. (Source: Bloomberg)