[Matt Hougan: The Crypto Industry is Being Integrated into the Core of America's Future Economic Strategy] Bitwise Chief Investment Officer Matt Hougan stated that U.S. Treasury Secretary Besant mentioned in a speech that the United States will establish next-generation economic rules, emphasizing that digital assets, stablecoins, tokenization, and new payment systems will shape the future of currency. The U.S. should not remain a bystander, reflecting that the crypto industry is being integrated into the future financial system and economic competitive landscape.

The EU regulatory agency ESMA has launched a special review process for cryptocurrency custody service providers. （Cointelegraph）

Binance launches Alpha UB trading competition, offering a $200000 prize pool. Users need to click on the Binance App activity page to join and track trading volume. The activity only calculates the buying volume. Qualified traders can unlock a 1.2-fold trading volume bonus, and the earlier they trade, the higher the bonus. On the first day of trading, they can enjoy a 2.0-fold bonus. （Binance Wallet）

According to Onchain Lens monitoring, a trader deposited approximately 99200 USDC into Hyperliquid, long 49040 CLs with 4x leverage, valued at 3.63 million USD. The account had previously accumulated a loss of 157000 USD.

According to Bloomberg, Zhipu issued 19.8 million H-shares through a placement, with a placement price ranging from HKD 1588 to HKD 1698 per share. (Observations from Wall Street)