Main 24-hour trend: BTC major traders place more limit orders, totaling 847 million US dollars

[Federal Reserve Board Proposes Requiring Certain Payment Stablecoin Issuers to Establish Customer Identification Programs] The Federal Reserve Board has proposed requiring certain payment stablecoin issuers to establish effective customer identification programs. The proposal mandates that stablecoin issuers implement customer identification program requirements equivalent to those of banks and credit unions. This proposal was jointly issued by the Federal Reserve Board and four other agencies. The public may submit comments within 60 days after the proposal is published in the Federal Register.

According to Kobeissi Letter analysis, Intel's stock price rose about 9% in a single day after President Trump announced that the United States would design and manufacture chips domestically. If the US chip production capacity shifts to the consumer electronics and defense sectors, it will indirectly compress the supply capacity of ASIC mining machines, and Intel's production capacity dynamics are seen as a reassessment signal for the Bitcoin and cryptocurrency mining markets.

Due to SpaceX's market value exceeding $2.5 trillion, FTX creditors are expected to benefit from it. FTX invested $190 million in SpaceX through a fund from K5 Global before its bankruptcy in 2022. Creditor representative Sunil Kavuri stated that FTX's investment exposure in SpaceX is worth billions of dollars. John J. Ray III, CEO of FTX Recovery Trust, stated that the investment performance in collaboration with K5 Global is a key driving force for asset recovery efforts. （decrypt）

[Paolo Ardoino: Self-custody wallets created using WDK technology surpass 100,000] Tether CEO Paolo Ardoino announced on the X platform that the number of self-custody wallets created using WDK technology has surpassed 100,000.

Coinbase has switched the O-USD trading pair to a fully functional trading mode on Coinbase Exchange and Coinbase Advanced, supporting all types of orders such as limit orders, market orders, and stop loss orders.