Morgan Stanley reports worsening economic conditions for Bitcoin mining

Rob Nichols, President and CEO of the American Bankers Association, expressed support for the CLARITY Act, but suggested tightening the provisions regarding stablecoin rewards to prevent it from evolving into disguised deposit interest and affecting the bank's funding base.

The advisor to the Speaker of the Iranian Parliament stated that Iran will not reach an agreement with the United States before the end of Trump's term. Financial markets need to reprice to adapt to the expectation that the war will continue until January 2029, and the oil and refined oil market curve will reflect higher and longer prices. Gulf countries will develop alternative solutions to avoid the Strait of Hormuz or reach an agreement with Iran. Iran may prevent the outflow of oil and refined products to exert regional influence. If the United States cannot protect the interests of its allies, its geopolitical credibility will be damaged, and countries may bypass the United States to establish new alliances. The US Iran standoff may increase geopolitical risks related to Russia. The flow of petrodollars will become unstable and flow towards diversified alternative solutions.

According to on chain analyst Ai Yi's monitoring, 230.4 BTC were forcibly liquidated, resulting in a loss of $292000 in this liquidation and a cumulative loss of $930000 in three liquidation attempts; The clearing price of the remaining 921.6 BTC short positions has been updated to $654421, with a space of $104.5.

The yield of the US 20-year treasury bond bond fell 10 basis points before the auction.

The Bitwise CIO stated that the SEC's abandonment of cryptocurrency asset regulation, the US Treasury Department's initiation of yield curve controls, and the White House's call for cryptocurrency CEOs are all positive news for Bitcoin. （Bitcoin Archive）