Data: Hyperliquid has seen a net outflow of $1.5 billion in the past seven days, with over $1.4 billion flowing into Arbitrum

TLDR China instructs major firms to cancel orders for Nvidia’s RTX Pro 6000D chip. Nvidia shares drop 1.5% after China’s ban on key AI hardware. China accelerates development of domestic AI chips, reducing U.S. tech reliance. Crypto and AI sectors may seek alternatives due to limited Nvidia access in China. China has taken a bold [...] The post China Bans Nvidia’s RTX Pro 6000D Chip Amid AI Hardware Push appeared first on CoinCentral.

The post HKEX Enforces Regulations on Crypto Treasury Companies appeared on BitcoinEthereumNews.com. Key Points: HKEX enforces listing rules, impacting firms shifting to crypto treasuries. Five companies questioned over crypto asset plans. Stricter crypto hoarding rules in Asia-Pacific exchanges. The Hong Kong Stock Exchange scrutinized the strategic transitions of five companies into Cryptocurrency Treasury structures, questioning their adherence to regulations prohibiting large holdings of liquid assets. This regulatory stance highlights Hong Kong’s rigorous listing requirements, impacting companies’ strategic moves in handling digital assets and shaping broader crypto market dynamics in the Asia-Pacific region. HKEX Challenges Firms Shifting to Digital Asset Models In response to escalating scrutiny, the Hong Kong Stock Exchange reiterated that all listing applicants must operate viable businesses. Recent reports cite that five companies planning to pivot to digital asset treasury (DAT) models face regulatory questions over their strategy, challenging their compliance with existing listing rules. The HKEX’s framework prohibits excessive liquid asset holdings. Companies aiming to transform into DAT entities must integrate crypto assets as a core business. These measures emphasize registered entities cannot hoard digital assets like Bitcoin without a solid business model. “For companies intending to hoard cryptocurrencies, approval depends on whether they can demonstrate that acquiring crypto assets is a core component of their business operations.” — Simon Hawkins, Partner at Latham & Watkins Regulatory Impact on Crypto Holdings and Market Response Did you know? The Australian Securities Exchange enforces a similar policy, limiting cash or crypto holdings to less than 50% of a company’s balance sheet, causing some firms to relocate to New Zealand for flexibility. According to CoinMarketCap, Bitcoin (BTC) currently trades at $108,439.78 with a market cap of $2.16 trillion as of October 22, 2025. It holds a market dominance of 59.01%. The 24-hour trading volume has increased by 71.13% to $104.04 billion, highlighting increased market volatility and interest. Recent data shows Bitcoin’s price…

PANews reported on October 22nd that at the ETHShanghai 2025 main forum, Hsiao-Wei Wang, Co-Executive Director of the Ethereum Foundation, delivered a speech titled "Mass Adoption of Ethereum: Bridging the Chasm." He stated that Ethereum's vision for mass adoption can be embodied in three key areas: first, self-control, allowing users to truly own their assets; second, global settlement capabilities, enabling value to transcend geographical boundaries, improving overall efficiency, and enabling global verification; and third, everyday utility, allowing blockchain and Ethereum to be naturally and smoothly integrated into people's daily lives, just like the internet, for example, in everyday money transfers. She also pointed out that Ethereum faces three major challenges before it can bridge the chasm: high scalability and cost barriers, a user experience gap, and a trust gap. Regarding scalability, Ethereum's path is L1 ✖️ L2, with its core strategy being to achieve high throughput and low-cost transactions through L2 Rollups. Key upgrades include Dencun (EIP-4844), Pectra (Q1 2025), and Fusaka (Q4 2025). Regarding accounts and user experience, the concept of account abstraction has been proposed, and smart accounts have been introduced through proposals such as ERC-4337, EIP-7701, and EIP-7702. These transform user accounts into programmable contracts and support social recovery wallets, gas payment, and batch transactions. Regarding infrastructure development, the emphasis is on secure and stable mainchain infrastructure and the integration of finance into everyday life. She also stated that Ethereum's future goal is to no longer be "seen," but to be silently relied upon and trusted, just like the internet. True mass adoption comes not from Ethereum's inherent size, but from its ubiquity, transparency, and reliability. When it exists as naturally as air, blockchain will truly realize its value.