Trump: Democratic-governed states are rife with corruption; no deal with Iran is needed.

Liquid Capital founder Yi Lihua stated that the Binance black swan event and the Democratic Party's landslide victory in the United States have impacted AI-related US stocks and the crypto market, and investors should be wary of buying the dip too early. Yi Lihua believes that in addition to macroeconomic risks, the security of exchange assets deserves attention. Coinbase, as the world's largest compliant listed exchange by asset size, is the custodian of approximately 80% of the BTC and ETH ETFs in the United States, and offers registration and trading services to Asia, making it a viable option for asset storage and trading. During periods of rising financial risk, investors should avoid using leverage and patiently wait for the macroeconomic environment to become clearer and for the market to show clear right-side signals before taking action.

U.S. cloud-related stocks continued their pre-market decline after Nebius released its earnings report. Coreweave fell 10.1%, IREN fell 6.6%, and Nebius fell 13.4%.

US President Trump posted that he has asked Vice President Vance to focus on dealing with massive corruption and crime in Democratic-governed states, pointing out that billions of dollars are being stolen every month in states such as Minnesota, California, and Illinois. Trump stated that a deal with Iran is not currently necessary, as the US controls hundreds of billions of dollars of Iranian funds and straits. Following this news, both WTI and Brent crude oil prices rose by nearly $2 in the short term.

Morgan Stanley's total Bitcoin holdings have surpassed 11,000, reaching 11,189, worth approximately $815 million. Yesterday, it purchased 295,067 BTC, worth $21.54 million, through its spot Bitcoin exchange-traded fund, MSBT. Morgan Stanley holds 461,640 SOL tokens, worth approximately $37.87 million, and 7,076 ETH tokens, worth approximately $14.3 million.

Bitcoin fell $1,000 in 5 hours, hitting a 12-week low. This volatility resulted in the liquidation of $115 million in leveraged long positions. (Bitcoin Archive)