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Crypto

WLD, HYPE, JTO rally but altcoin season signal still far off

Some altcoins such as Worldcoin (WLD), Hyperliquid (HYPE) and Jito (JTO) have posted sharp gains, but analysts say it is still difficult to call it an “altcoin season.” Altcoins’ market share excluding bitcoin, ether and stablecoins edged down over the past month, while stablecoin dominance rose. Spot data show 15 straight months of net selling. Recent rallies were driven by token-specific catalysts rather than broad inflows into altcoins.

Crypto

Mexican billionaire urges holding bitcoin long term like real estate

Mexican billionaire Ricardo Salinas Pliego, chairman of Grupo Salinas, said bitcoin should be viewed as a long-term asset like real estate. He urged investors to stop fixating on short-term price moves and approach BTC as a store of value over decades. Salinas also recommended converting part of received fiat currency into bitcoin rather than buying consumer goods, and focusing on long-term growth potential.

Finance

Youth Future Savings applications begin, focus on young adults' fund flows

Applications for the Youth Future Savings policy savings product began on Sunday, drawing attention to whether young adults' money will extend beyond deposits and instalment savings into individual savings accounts (ISA) and domestic investment products. The product offers a 3-year fixed rate with maximum rates of 7 to 8 percent. Interest in ISA accounts is also rising, while overlap limits among youth-targeted products could affect demand.