Mercado Bitcoin pledges to cover all user losses after near $40 million hack

The State Council's report on financial work was submitted to the Standing Committee of the National People's Congress for deliberation. The report proposed implementing a moderately loose monetary policy, exploring the application of artificial intelligence in financial management and services, increasing support for technological innovation and small and micro enterprises, accelerating the construction of a cross-border RMB payment system, and normalizing the real estate whitelist mechanism. The report disclosed that from October 2025 to September 2026, total social financing increased by 33 trillion yuan, and 88 A-share listed companies raised 247.2 billion yuan in initial public offerings. (Source: Xinhua News Agency)

The popularity rankings show that ETH's popularity has increased by 70,000 since yesterday, ranking second. The popularity rankings are as follows: ① ETH （$2262.43，-1.30%） ② ZEC （$1137.95，-9.24%） ③ LYN （$0.02138，14.33%） ④ XAUT ($3899.64, 0.06%) ⑤ AIN （$0.2654，-2.89%） ETH saw weak buying power from major investors, with a net inflow of $121 million in the last 24 hours and a trading volume of $22.211 billion, of which $25.2649 million was net outflow from major investors.

Trader 0xf081 closed out long positions in BTC, HYPE, and ZEC within the past 6 hours, incurring a loss of $6.09 million, and subsequently opened positions to buy 14,583 ETH and 117,871 HYPE. (Lookonchain)

After losing more than $38 million, trader AguilaTrades shorted 93.67 BTC with 40x leverage, worth $7.19 million, with a liquidation price of $77,435.

The Reserve Bank of Australia raised interest rates by 25 basis points to 4.85%, a new high in 18 years, as AI investment and rising energy costs drove inflation.