Machi has added 250000 USDC on the Hyperliquid platform to continue increasing its ETH long position. Currently, the position size is 3000 ETH, with a total value of approximately $8.77 million and a liquidation price of $2886.9. （Lookonchain）

After a rare spot of outperformance on Tuesday, bitcoin has resumed sliding, with one analyst eyeing $84,000–$86,000 as potential local bottom.

[Federal Reserve Chair Candidate Hassett Says Tariff Rebate Checks Could Be Considered] White House National Economic Council Director Hassett stated that Congress may have room next year to consider drafting tariff rebate checks. He mentioned that the tariff rebate payment proposal advocated by Trump could be included in the 2026 reconciliation bill and believes that considering tariff rebate checks is possible if tariff revenues increase without triggering stagflation. Additionally, Hassett pointed out that the surge in prices in recent years has led to a decline in real income, and consumer price pressures may not have fully eased, affecting affordability.

The move comes amid new regulations from Brazil's central bank, requiring crypto firms to be licensed and report international transactions.

The Governor of the Czech Central Bank has confirmed that the Czech Central Bank has no plans to sell its holdings of Bitcoin for at least the next three years, making it the first central bank to purchase Bitcoin. （The Bitcoin Historian）