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Bank of America and Wells Fargo plan to launch tokenized deposits for select corporate and commercial clients in the fall of 2026, initially supporting transactions in USD and GBP, with plans to expand to more clients and currencies in 2027. Tokenized deposits remain a liability of the bank but enable continuous transfers, programmable payments, faster settlements, and transaction visualization through blockchain.Wells Fargo is not the only bank positioning itself in this business. JPMorgan has expanded its blockchain payment services for institutional clients, and other large financial institutions are also developing similar products and shared networks. Meanwhile, the circulation and transaction volume of stablecoins like USDC continue to grow, being used for settlements in the crypto market, payment networks, and tokenized financial platforms.Tokenized deposits allow funds to remain within the regulated banking system while supporting cross-timeframe transfers and condition-triggered payments. Stablecoins have already covered transactions, remittances, cross-border payments, decentralized finance, and tokenized asset settlements. The adoption of these two types of products will also be influenced by accounting treatments, regulatory rules, and cross-network interoperability.

According to Jinshi reports, despite Iranian officials repeatedly denying it, U.S. President Trump still stated that Washington and Iran are having "very good discussions." "We are having very good discussions. They are reluctant to acknowledge this, which is indeed a bit unsettling," Trump said in an interview with Fox News. "The only thing that matters is action; they want to reach an agreement, and we will wait and see. If they ultimately fail to reach an agreement, that would be too bad," he added.

According to Glassnode data, around $63,000 is becoming an important support and battle zone for Bitcoin (BTC) in the current market. Bitcoin has been oscillating between $60,000 and $67,000 in recent weeks, with over 3% of the circulating supply of BTC, approximately 515,000 BTC, having a cost basis concentrated around $63,000; additionally, over 362,000 BTC is concentrated in the $61,000 region.Glassnode points out that currently, only the supply density in the $78,000 to $82,000 range is higher than this area, which corresponds to Bitcoin's peak in May. Furthermore, the current price of Bitcoin nearly coincides with the 200-week moving average. Glassnode data shows that the 200-week moving average is currently around $63,657, while the BTC price is about $63,822, indicating a significant historical accumulation and strong cost support in this area.From the 30-day Accumulation Trend Score, all types of investors are currently in a net accumulation state, with retail buying pressure being the most evident; at the same time, whale addresses holding over 1,000 BTC are also continuously increasing their positions, indicating that long-term capital is still being deployed. The $63,000 area has become a key price zone in Bitcoin's short-term market structure, and investor accumulation behavior may provide important references for subsequent trends.

According to the Wall Street Journal, Wells Fargo plans to launch Tokenized Deposits services aimed at corporate clients, further exploring the application of blockchain technology in the traditional financial system.Wells Fargo stated that the tokenized deposit system will operate on its self-developed blockchain network and support interoperability with other blockchain networks.Tokenized deposits represent bank deposits in a digital form on the blockchain, allowing for faster and more transparent transfers of funds on-chain, while still being supported by the bank's deposit system.This move signifies that large banks are accelerating the construction of blockchain infrastructure and exploring on-chain financial applications in scenarios such as corporate payments, fund management, and inter-institutional settlements.

According to Jinshi reports, Wells Fargo has raised the target price for Apple (AAPL.O) from $310 to $350.

UK real estate technology startup Dwelly announced the completion of a $170 million financing round to acquire more real estate companies and integrate artificial intelligence into its operations.This round of financing was led by EQT Growth and General Catalyst, including $95 million in equity financing and a $75 million debt financing facility provided by Trinity Capital. The company did not disclose its valuation.

The well-known cryptocurrency derivatives exchange BitMEX, founded by Arthur Hayes, officially announced that it will close at 04:00 (UTC) on September 23 and has stopped new user registrations. It will stop opening new positions and gradually enforce liquidation starting from August 26.It is reported that BitMEX, as the pioneer of perpetual contract products, gradually withdrew from the operation of BitMEX after being targeted by the U.S. government. In the past few years, BitMEX has continuously sought acquisition without success.

According to Jinshi reports, Federal Reserve's Logan stated that the labor market is well balanced and even slightly strengthened.

According to Jinshi reports, analyst Matthew Weller stated that the overall monthly inflation rate is expected to record negative growth for the first time in over a year, which will alleviate market concerns about the Federal Reserve's imminent interest rate hike.The reopening of the Strait of Hormuz has led to a significant drop in energy prices, while the impact of Trump's tariffs has largely been absorbed by the market. The federal funds futures market is currently pricing in a 35% probability of the Federal Reserve raising interest rates at this month's meeting.

According to Jinshi reports, Wells Fargo has initiated coverage on SpaceX (SPCX.O) with an overweight rating and a target price of $230.

According to the official announcement, Bitget has launched perpetual contracts for SONY (Sony Group) and MVLL (Maverick Technology 2x Long ETF). Both are settled in USDT and support up to 20x leverage.

Bitget announced an upgrade to its CFD copy trading feature, adding two new position following modes and independent risk control settings, upgrading copy trading from "simple strategy copying" to "personalized risk management." Users can establish a foundational defense that aligns with their own risk preferences while referencing professional strategies.In terms of position management, two new modes have been added: "fixed ratio copy trading" and "fixed lot copy trading." In the fixed ratio mode, the system intelligently calculates positions based on the user's capital ratio with the lead trader, achieving synchronized risk ratios; in the fixed lot mode, users can set a fixed opening amount for each trade (e.g., 0.01 lots).Regarding risk control, this upgrade introduces independent take profit and stop loss settings. Users can set take profit and stop loss amounts separately for their accounts while following any trader. Even if the lead trader is still holding the position, the system automatically executes the stop loss. Additionally, a "maximum copy trading lot limit per trade" has been added to prevent excessively large positions from being opened due to high account net worth.

Joseph Lubin, co-founder of Ethereum, stated on social media that it would be a wonderful thing if the world could have a truly trustworthy and neutral global coordination and digital asset settlement platform. It is the large-scale and rigorous decentralization achieved by the Ethereum platform that makes this vision possible. Soon, and in the near future, more organizations with trustworthy neutrality and ample funding will join in to promote this mission alongside the Ethereum Foundation.These organizations will focus on facilitating the development of the entire Ethereum ecosystem and advancing the areas of interest for many financial institutions adopting Ethereum technology, including: Ethereum Mainnet, Layer 2 networks (L2), and private Ethereum networks. In the future, these three major systems will be able to achieve near real-time interoperability and composability, while ETH will flow freely within this expanded Ethereum ecosystem landscape.

According to Jinshi reports, Wells Fargo is extremely optimistic about the market outlook, predicting that the S&P 500 index will soar to 8,600-8,800 points by the end of 2027.

According to MLM monitoring, 8 months later, the well-known trader Technorevenant still holds all 80 million XPL purchased a few days after the XPL TGE, worth 9.2 million dollars, accounting for 0.8% of the total supply. As the price of XPL has risen in the past few days, its unrealized loss has narrowed from about 91 million dollars at the recent bottom to 86.6 million dollars.

According to the official announcement, Bitget stock derivatives have now launched for 10 underlying assets including FLNC (Fluence Energy), CGNX (Cognex), SMH (VanEck Semiconductor ETF), ROK (Rockwell Automation), ISRG (Intuitive Surgical), covering popular sectors such as energy storage, industrial automation, semiconductors, and medical technology.

According to Jinshi reports, Wells Fargo Investment Research has raised its target range for the S&P 500 index at the end of 2026 from 7,400 to 7,600 points to 7,800 to 8,000 points, and set the target range for the end of 2027 at 8,600 to 8,800 points.

According to official news, the Gate stock section will launch on June 16 at 14:00 (UTC+8) with the perpetual contract trading (settled in USDT) for TWLO (Twilio), ROK (Rockwell Automation), CGNX (Cognex), IVV (iShares Core S&P 500 ETF), SOXX (iShares Semiconductor ETF), SMH (VanEck Semiconductor 25 ETF), SPYM (State Street SPDR Portfolio S&P 500 ETF), and VOO (Vanguard S&P 500 ETF), supporting 1-20 times leverage.