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&nbsp;according to OnchainLens monitoring, the "BTC OG insider whale" long position funding rate loss exceeds 6.6 million USD, with unrealized profit narrowing to 51 million USD. As of the time of writing, its position unrealized profits are as follows:

[A certain BTC OG insider whale suffered over $6.6 million in funding costs on its long positions, while its unrealized profit narrowed to $51 million.]&nbsp;according to OnchainLens monitoring, the "BTC OG insider whale" long position funding rate loss exceeds 6.6 million USD, with unrealized profit narrowing to 51 million USD. As of the time of writing, its position unrealized profits are as follows:

A certain BTC OG insider whale suffered over $6.6 million in funding costs on its long positions, while its unrealized profit narrowed to $51 million.

HTX data showed that XMR broke through 750  USDT and is now at 750.24 USDT, with a increase of 12.31% in 24H.

[XMR broke through 750  USDT] HTX data showed that XMR broke through 750  USDT and is now at 750.24 USDT, with a increase of 12.31% in 24H.

XMR broke through 750  USDT

HTX data showed that ETH broke through 3400  USDT and is now at 3402.82 USDT, with a increase of 6.82% in 24H.

[ETH broke through 3400  USDT] HTX data showed that ETH broke through 3400  USDT and is now at 3402.82 USDT, with a increase of 6.82% in 24H.

ETH broke through 3400  USDT

HTX data showed that BTC broke through 97000  USDT and is now at 97024.21 USDT, with a increase of 3.58% in 24H.

[BTC broke through 97000  USDT] HTX data showed that BTC broke through 97000  USDT and is now at 97024.21 USDT, with a increase of 3.58% in 24H.

BTC broke through 97000  USDT

&nbsp;S&amp;P 500 index fell further by 1%, the Nasdaq fell 1.56%, and Nvidia (NVDA.O) fell 2.3%.

[The S&P 500 fell by 1%, and the Nasdaq dropped 1.56%.]&nbsp;S&amp;P 500 index fell further by 1%, the Nasdaq fell 1.56%, and Nvidia (NVDA.O) fell 2.3%.

The S&P 500 fell by 1%, and the Nasdaq dropped 1.56%.

&nbsp;Federal Reserve Board member Stephen Milian claimed that the Trump administration's deregulation agenda provides an additional reason for the Federal Reserve to continue cutting interest rates. "I believe that the comprehensive deregulation currently underway in the United States will significantly boost competition, productivity, and potential growth, thereby allowing faster economic growth without generating inflationary pressures," Milian said at an event in Athens, Greece. He supported his view by citing various factors, including his expectation that housing inflation will slow down and his lower estimate of the so-called "neutral rate" (the level at which Federal Reserve policy neither stimulates nor restrains the economy). "This will support the continued easing of restrictive monetary policy, but ignoring these (decoupling) effects will lead to unnecessary tightening of monetary policy," he said when discussing deregulation. Milian stated that based on the pace of deregulation in the first half of 2025 under the Trump administration, he estimates that 30% of regulatory restrictions in the Code of Federal Regulations will be eliminated by 2030.

[Federal Reserve Governor Milan: "Ambitious" U.S. deregulation supports further Fed easing.]&nbsp;Federal Reserve Board member Stephen Milian claimed that the Trump administration's deregulation agenda provides an additional reason for the Federal Reserve to continue cutting interest rates. "I believe that the comprehensive deregulation currently underway in the United States will significantly boost competition, productivity, and potential growth, thereby allowing faster economic growth without generating inflationary pressures," Milian said at an event in Athens, Greece. He supported his view by citing various factors, including his expectation that housing inflation will slow down and his lower estimate of the so-called "neutral rate" (the level at which Federal Reserve policy neither stimulates nor restrains the economy). "This will support the continued easing of restrictive monetary policy, but ignoring these (decoupling) effects will lead to unnecessary tightening of monetary policy," he said when discussing deregulation. Milian stated that based on the pace of deregulation in the first half of 2025 under the Trump administration, he estimates that 30% of regulatory restrictions in the Code of Federal Regulations will be eliminated by 2030.

Federal Reserve Governor Milan: "Ambitious" U.S. deregulation supports further Fed easing.

according to Whale Alert monitoring, at 23:41 Beijing time, USDC Treasury burned about 135.6 million USDC (worth about 135.5 million USD) on the Ethereum chain.

[The USDC Treasury destroyed approximately 135.6 million USDC on the Ethereum blockchain.]according to Whale Alert monitoring, at 23:41 Beijing time, USDC Treasury burned about 135.6 million USDC (worth about 135.5 million USD) on the Ethereum chain.

The USDC Treasury destroyed approximately 135.6 million USDC on the Ethereum blockchain.

kas Hits New High of 0.048756 USDT, Up 2.09% in 24H

【kas soared to 0.04912 USDT, a new high with a 24-hour increase of 2.09%. It currently trades at 0.048756 USDT on HTX.】kas Hits New High of 0.048756 USDT, Up 2.09% in 24H

kas soared to 0.04912 USDT, a new high with a 24-hour increase of 2.09%. It currently trades at 0.048756 USDT on HTX.

U.S. Supreme Court did not make a ruling on Trump's tariff policy on Wednesday.

[The U.S. Supreme Court on Wednesday did not rule on Trump's tariff policies.]U.S. Supreme Court did not make a ruling on Trump's tariff policy on Wednesday.

The U.S. Supreme Court on Wednesday did not rule on Trump's tariff policies.

According to TheBlock, Argentina-based crypto app Lemon Cash has laid off about 100 people, 38% of staff, marking the latest round of cuts in the region.
Lemon Cash also revealed today that it closed a $27.8 million extension of its Series A funding round this year, bringing the total size of the round to $44 million. Firms including DST Global, Valor Capital, GoodWater Capital, CMT Digital and Cadenza participated. The company now has runway for three years, Cavazzoli said.

Detail

【Lemon Cash CEO expects more fintech layoffs in LatAm amid its own】According to TheBlock, Argentina-based crypto app Lemon Cash has laid off about 100 people, 38% of staff, marking the latest round of cuts in the region.
Lemon Cash also revealed today that it closed a $27.8 million extension of its Series A funding round this year, bringing the total size of the round to $44 million. Firms including DST Global, Valor Capital, GoodWater Capital, CMT Digital and Cadenza participated. The company now has runway for three years, Cavazzoli said.

Lemon Cash CEO expects more fintech layoffs in LatAm amid its own

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Lemon Cash CEO expects more fintech layoffs in LatAm amid its own

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