Odaily Planet Daily reports that researchers at the Federal Reserve have published a new paper highly praising the role of forecasting markets in economic analysis, specifically highlighting the performance of the forecasting platform Kalshi. The report points out that Kalshi's forecasts of the federal funds rate and the U.S. Consumer Price Index (CPI) statistically outperform federal funds futures and professional economist forecasts, providing continuously updated complete probability distributions rather than traditional discontinuous point forecasts. The study also argues that forecasting markets provide unique market-based distribution data in areas such as GDP growth, core inflation, unemployment rate, and non-farm payrolls, variables for which comparable market pricing tools were previously lacking. Since 2022, Kalshi's forecasts of federal funds rate meetings have been perfectly consistent with actual results. The report notes that a major advantage of forecasting markets lies in the participation of retail investors, distinguishing them from traditional institutionally dominated financial markets and giving them unique value in information integration and real-time reflection of market expectations.

At the World Liberty Financial forum in Mar-a-Lago, Eric Trump reiterated his optimistic outlook on Bitcoin's long-term price, stating that Bitcoin "will eventually reach $1 million" and that he has "never been more bullish on cryptocurrency." In an interview with CNBC, Trump pointed out that Bitcoin has seen an average annual growth of about 70% over the past decade, calling it "one of the best-performing asset classes of the last ten years." He stated that while price volatility exists, it is the price that must be paid for high-growth assets. Currently, Bitcoin's price is hovering around $67,000, a significant drop from its high of $126,000 reached in October 2025. Trump had previously predicted that Bitcoin would reach $175,000 by the end of 2025, with a long-term target of $1 million. This statement comes as the Trump family deepens its involvement in the crypto space, with World Liberty Financial considered one of its core crypto projects.

Odaily Planet Daily reports that the White House held its third closed-door meeting on Thursday, inviting representatives from the crypto industry and banking groups to discuss stablecoin reward mechanisms. The meeting lasted several hours and was described by participants as a "constructive dialogue," but no final compromise was reached. Ji Hun Kim, CEO of the Crypto Council for Innovation, stated that the meeting further advanced the framework based on previous discussions, aiming to enhance U.S. competitiveness while protecting consumers. Coinbase Chief Legal Officer Paul Grewal also described the discussions as "cooperative and constructive," hinting that further negotiations would continue. Stablecoin holding rewards mechanisms are a key point of contention in current crypto market structure legislation. Sources revealed that the White House proposed some principles allowing companies to offer rewards based on specific activities or account balances, but banks remain cautious. Whether a next round of meetings will be held is yet to be determined. Participating organizations included Ripple, the Blockchain Association, the Crypto Council for Innovation, and several major banking associations.

Odaily Planet Daily reports that on-chain data analytics platform Parsec has officially ceased operations. The team stated on its website and social media that the project has stopped service after five years of operation and is currently processing refunds and canceling all valid subscriptions. Launched in early 2021, Parsec provided a customizable on-chain data terminal and analytics platform, supporting users in building data dashboards and visualization tools for DeFi, NFTs, and other fields, and offering API interface services. Its Parsec Agent also attempted to combine Large Language Models (LLM) for on-chain research and analysis, including market prediction, social sentiment, and market activity monitoring. The project had completed a $1.25 million seed round and a $4 million seed extension round, with investors including Galaxy Digital, Polychain Capital, Robot Ventures, and Uniswap Ventures.

According to Odaily Planet Daily, investment bank Mizuho stated that although Gemini's stock price has been sluggish recently, the market may have already priced in the negative impact of the management changes. Analysts reiterated their "outperform" rating on Gemini and maintained their target price of $26. The current stock price is around $5.90, a 43% drop over the past 30 days. Mizuho pointed out that while the departures of the COO, CFO, and CLO are disappointing, the stock price has already fully reflected the impact. Regarding financials, Gemini's preliminary revenue range is $165 million to $175 million, slightly higher than expected; however, adjusted EBITDA losses widened to approximately $257 million to $267 million, weaker than previously predicted. Mizuho believes that Gemini's announced plan to lay off approximately 25% of its workforce and its strategy to exit the UK, EU, and Australian markets are expected to improve its cost structure and drive the company towards profitability in the medium to long term. Analysts' bullish scenario of $43 and bearish scenario of $8 are both higher than the current stock price.