Most listed companies holding Bitcoin are currently in a loss making state, with their holding prices below the total cost basis. The proportion of companies in a loss making state has risen to about 80%. （glassnode）

The yield of Japanese 10-year treasury bond bonds rose to 2.945%, the highest level in nearly 30 years. The Japanese government has arranged 31 trillion yen for debt repayment, and the Ministry of Finance predicts that the annual debt repayment cost for fiscal year 2029 may rise to 41 trillion yen. Traders expect the Bank of Japan to raise interest rates by 25 basis points twice as early as around January next year, and the policy rate may rise to 1.5%. Mamiya Kazuo stated that the end point of this interest rate hike cycle may reach around 1.75%. The market is paying attention to the personnel adjustment window of the Bank of Japan in 2027, and the Bank of Japan may hope to complete its main interest rate hike action before then.

[Rezaei: If Iran's interests are harmed, it will retaliate by increasing tariffs in the Strait of Hormuz and other measures] According to CCTV News, Rezaei, a member of the Iranian Parliament's National Security and Foreign Policy Committee, stated that the management, supervision, and inspection of the Strait of Hormuz are handled by Iran and are uniformly overseen by the General Staff of the Armed Forces. If Iran's interests are harmed, Iran will retaliate against hostile countries and governments in the Strait of Hormuz through measures such as increasing tariffs or confiscating assets.

[Scaramucci: $100,000 is a Key Sell Level for Some Early Bitcoin Holders] SkyBridge Capital founder Scaramucci stated that some early investors who have held Bitcoin for 10 to 15 years view $100,000 as a critical sell level and will sell once the price reaches that point, intensifying market selling pressure. He believes artificial intelligence and blockchain technology will converge, with AI agents conducting transactions via blockchain in the future. SALT CEO John Darsie noted that the structure of Bitcoin holders is changing, with institutions, financial advisors, and family offices incorporating Bitcoin into asset allocations. This process helps reduce volatility and promotes Bitcoin's development as a store of value asset.

[Singapore International Commercial Court Orders Freeze of Approximately $58.5 Million in Crypto Assets] The Singapore International Commercial Court has ordered the freezing of approximately 75 million SGD (around $58.5 million) in crypto assets due to a transfer dispute. The assets include 780 Bitcoins and 816,773 USDC. The case involves a major cryptocurrency exchange operator and a long-term client. The plaintiff claims that due to an internal ledger technical error, the platform mistakenly transferred 2,500 Bitcoins and 2,500 Bitcoin Cash to the defendant's wallet. The defendant subsequently converted and transferred part of the assets to non-platform custodial wallets. The court has ordered the defendant to disclose the whereabouts of the related assets.