Odaily Planet Daily reports that payment giant Visa is opening its US network to support stablecoin settlements, a move aimed at expanding its cryptocurrency-related products and services. Visa will reportedly allow US institutions to use Circle Internet Group Inc.'s USDC token for transaction settlements via the Solana blockchain. Cross River Bank and Lead Bank are among the first institutions to use the service. (Bloomberg)

According to Odaily Planet Daily, renowned Wall Street short seller Peter Berezin stated that the stock market decline may be relatively small in early 2026 due to investors shifting from technology stocks to non-technology stocks and from growth stocks to value stocks. He predicts that these factors will ultimately lead to the S&P 500 closing at 5280 points in 2026, a 23% drop for the year, while the Nasdaq Composite will fall by 31%. Furthermore, the dollar is weakening while the yen is appreciating significantly, with the USD/JPY exchange rate expected to reach 115 by the end of the year. Gold prices are also expected to reach new record highs. Growing concerns about a US recession will prompt the Federal Reserve to accelerate its interest rate cuts in the second half of 2026. By December 2026, the federal funds rate will fall to 2.25%, and the 10-year US Treasury yield will fall to 3.1%. (Jinshi)

Odaily Planet Daily reports that Canadian-listed Bitcoin treasury company Matador Technologies has announced a revision to its previously announced $100 million convertible note financing agreement. The revision discloses that it has signed registration agreements with investors to raise a total of $75 million through the issuance of additional notes. These funds will be used to purchase Bitcoin for Matador's balance sheet. However, Matador Technologies removed its previously announced plan to hold 6,000 Bitcoins by 2027 from its latest disclosure. (Globenewswire)

According to Odaily Planet Daily, the Hong Kong Securities and Futures Commission (SFC) has added the "Hong Kong Stablecoin Exchange" to its list of suspicious virtual asset trading platforms. The SFC stated that the entity claims to operate a virtual asset trading platform and is suspected of engaging in unlicensed activities or virtual asset-related fraud. The entity also falsely claims to be "jointly established by the Hong Kong Stock Exchange, the Stock Exchange of Hong Kong, and the Futures Exchange of Hong Kong," when in fact it has no connection with any of the three exchanges.

Odaily Planet Daily reports that Hyperscale Data, a NYSE American company, announced it will allocate approximately $75 million to its Bitcoin treasury, representing about 97.5% of the company's market capitalization. Its wholly-owned subsidiary, Sentinum, currently holds 498.4633 Bitcoins (including 428.7868 Bitcoins acquired on the open market and approximately 69.6764 Bitcoins from its Bitcoin mining operations). The company has also allocated $31.5 million in cash to continue purchasing Bitcoins on the open market. (Prnewswire)