Ex-PBOC Chief Warns of Stablecoin Crisis – Run Risk Echoes TerraUSD’s 2022 Meltdown

Ex-PBOC chief Zhou has warned that Stablecoin models can amplify risk through leverage and trading even with full reserves, and has called oversight insufficient. Hong Kong and U.S. rules have addressed custody and issuance, while a study has estimated a one-in-three crisis chance this decade.
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Tom Lee Predicts Ethereum Rally to $5,500 Soon, $12,000 by Year-End – Is This Realistic?

Fundstrat CIO Tom Lee has projected Ethereum’s near-term rise to $5,500 and a year-end target of $12,000. He cites Wall Street’s shift in sentiment after stablecoin legislation, $7.65B ETH treasury holdings, and strong capital inflows, noting Ethereum’s expanding role in traditional finance and crypto markets.
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TOKEN6900 Presale Ending in 24 Hours: Murad Says SPX6900 Will Be Bigger Than Bitcoin, While It Takes Aim at Ethereum

Murad Mahmudov, known for coining the ‘meme supercycle,’ has maintained that SPX6900 could one day surpass Bitcoin. Now its cousin TOKEN6900 has been cast as Ethereum’s rival, as both tokens continue to grow cult followings fueled by belief and culture rather than traditional utility.
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Jerome Powell’s Fed Chair Replacement Imminent? PolyMarket Odds Skyrocket as Trump Team Weighs 11 Candidates

Treasury Secretary Scott Bessent has said 11 candidates for the next Fed chair will interview after Labor Day, with Trump reviewing a shortlist as markets weigh Powell’s labor-market warning and rising odds of a September cut.
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