'Bobby BigSize' short position reduced by 1627 ETH, worth $3.14 million

According to CCTV News, US President Trump stated at Andrews Joint Base in Maryland that Iran is not yet ready to reach a suitable agreement, and Washington is monitoring the situation. Iran's shift towards economic warfare does not mean that US military options are limited.

According to CME's "Federal Reserve Watch", the probability of the Fed keeping interest rates unchanged until September is 59.9%, and the probability of a cumulative 25 basis point rate hike is 40.1%; The probability of keeping interest rates unchanged until October is 45.3%, the probability of a cumulative increase of 25 basis points is 44.9%, and the probability of a cumulative increase of 50 basis points is 9.8%.

Jefferies analysts recommend caution at the current Bitcoin price level, citing ETF fund outflows and weak BTC trading volume. （Bitcoin Archive）

[Crypto Innovation Council and Blockchain Association Sue Illinois, Challenging 0.2% Digital Asset Tax] According to CoinDesk, the Crypto Innovation Council and Blockchain Association have filed a civil lawsuit in Sangamon County, Illinois, challenging the state's 0.2% tax policy on digital assets. The plaintiffs allege that the tax law violates the U.S. Constitution, the Illinois Constitution, and the Internet Tax Freedom Act. The tax law stipulates that entities conducting business or providing services to residents in Illinois, with annual revenue exceeding $100,000, must pay a 0.2% tax on digital asset transactions or storage. The plaintiffs argue that the tax law imposes punitive treatment on digital assets, even though lawmakers estimate the measure will generate $60 million annually for the state budget.

HyperliquidNews stated on the X platform that the open interest of HIP-3 has decreased by $820 million in the past 5 days, down from its peak of $4.57 billion.