The 'main explosive short position' has exploded by $253 million across the entire network in the past 24 hours, with short positions exploding by $168 million

According to sources, US Treasury Secretary Bessent instructed a team to assess the situation of Gulf allies and the cost of repairing damage caused by Iran. The United States plans to transfer frozen Iranian assets to its Gulf partners through relevant mechanisms for reconstruction and potential damage response, and consider whether to use these assets to compensate for past losses.

The European Central Bank is expected to raise interest rates by 0.25% next week, becoming the first major central bank in the G7 to tighten monetary policy. The market expects at least one interest rate hike within the year. In contrast, the Bank of Canada may keep interest rates unchanged, while the Federal Reserve and the Bank of England are expected to remain inactive this month. The European Central Bank will also release quarterly economic forecasts to assess the impact of energy shocks on regional economies.

Hunter Biden stated that Bitcoin and cryptocurrencies are the future, fiat currency is a scam, and there is corruption in the banking industry. （Bitcoin Archive）

Samson Mow stated that artificial intelligence will force smart contracts and DeFi to either switch to Bitcoin or be "eliminated". （Bitcoin Archive）

Cynthia Lummis stated that she will push for the passage of the CLARITY Act, which aims to define Bitcoin as a commodity and protect self custodial rights. （Bitcoin Archive）