According to Onchain Lens monitoring, during the market downturn, Machi's 25x leveraged long position in ETH was completely liquidated, resulting in a loss of $3.6 million. He subsequently reopened a long ETH position with 25x leverage.

According to a report by the Asahi Shimbun, Japan's Financial Services Agency (FSA) is considering enacting regulations to define cryptocurrencies as financial products subject to insider trading rules and to lower their profit tax rate. The report states that these regulations would apply to the 105 cryptocurrencies currently circulating in Japan, such as Bitcoin and Ethereum, and would require exchange service providers to disclose information such as price volatility risks. Under the new regulations, banks and insurance companies would be allowed to sell cryptocurrencies to depositors and insurance holders through their securities subsidiaries. Profits from cryptocurrency transactions would be subject to a 20% tax rate, the same as the tax rate for stock transactions, a significant reduction from the current maximum of 55%. Sources indicate that the FSA hopes to pass the legislation during next year's regular Diet session.

According to WhaleAlert monitoring, the USDC Treasury minted a total of 500 million USDC in two separate transactions on the Solana chain within the last 5 minutes.

Odaily Planet Daily reports that Republican Congresswoman Marjorie Taylor Green, a key figure in President Trump's "Make America Great Again" (MAGA) campaign, has recently fallen out with Trump. Trump has launched a verbal attack on her for days, and Green responded on social media on the 15th, condemning Trump's "incitement and encouragement" as leading to personal threats against her. Green is one of the few Republican members of Congress who support the release of documents related to the Epstein case. Trump promised during his 2024 presidential campaign to release the Epstein documents after taking office. However, the initial release of the documents in late February this year contained no explosive new information. According to the Associated Press, tensions between Green and Trump have been building for some time: after Trump took office, Green expressed interest in running for a Senate seat in the 2026 midterm elections, which Trump claimed she had "no chance" of winning; Trump's June order to strike Iranian nuclear facilities drew criticism from the MAGA camp, and Green also criticized this action; Green also accused the Trump administration of failing to address high domestic prices. (Jinshi)

According to Odaily, U.S. federal prosecutors stated that the trial of Tornado Cash developer Roman Storm followed the law, and the judge presiding over the case should not consider acquitting him.

In a post-trial filing last Wednesday, lawyers for the Justice Department’s Southern District of New York office rejected Storm’s motion for acquittal, stating that they had sufficient evidence to prove that Storm created and controlled Tornado Cash, a cryptocurrency hybrid service that has been sanctioned by the United States for its use by North Korea and other countries. The filing rejected Storm’s motion for acquittal, a procedural step following his conviction earlier this year for conspiracy.

According to OKX market data, the crypto market saw a broad decline this morning, with BTC falling to 93,000 USDT and ETH falling to 3,003 USDT. The total market capitalization of the crypto market fell to $3.287 trillion, a 24-hour drop of 1.4%.

In addition, in the past 12 hours, a total of $407 million in positions were liquidated across the entire network, with $359 million in long positions liquidated and $48.1499 million in short positions liquidated.

According to Whale Alert, an Ethereum pre-mining address that had been dormant for over 10.3 years has been activated, involving 1,000 ETH, currently valued at approximately $3.099 million (about $310 in 2015).

According to CME's "FedWatch," the probability of the Federal Reserve cutting interest rates by 25 basis points in December is 44.4%, while the probability of keeping rates unchanged is 55.6%. The probability of the Fed cumulatively cutting rates by 25 basis points by January next year is 48.6%, the probability of keeping rates unchanged is 34.7%, and the probability of cumulative rate cuts of 50 basis points is 16.7%. (Jinshi)

According to data from Hyperbot, as reported by Odaily Planet Daily, "Brother Machi" reduced his long positions in ETH by 2,880 tokens in the past hour, with his current position valued at $15.787 million, a floating loss of $1.536 million, and a liquidation price of $3,022.

According to Cointelegraph, four new entities have added BTC holdings in the past month, bringing the total number of entities holding BTC to 355.

According to data from Coinglass, as reported by Odaily Planet Daily, in the past 4 hours, a total of $83.7001 million in positions were liquidated across the entire network, with $75.3453 million in long positions and $8.3548 million in short positions liquidated.

Odaily Planet Daily reports that Tom Lee, in an article on the X platform, stated that Bitcoin is a highly volatile asset. His company first recommended Bitcoin to clients in 2017 (when it was priced at around $1,000). Over the past 8.5 years, Bitcoin has experienced six drops of over 50% and three drops of over 75%. He believes that by 2025, the price of Bitcoin will be 100 times higher than initially recommended. Tom Lee stated that to profit from such a 100x supercycle, one must be able to withstand existential crises and hold on. He pointed out that cryptocurrency prices reflect their enormous future potential, therefore doubts exacerbate price volatility. Currently, he believes Ethereum is embarking on a similar supercycle. He cautioned that the path to higher levels is not straight and advised holding on.

According to an article published on the X platform by Bitcoin News, as reported by Odaily Planet Daily, Bitcoin has experienced its fourth "death cross" in this cycle. Historically, the probability of Bitcoin's price rising one year after a "death cross" is 50%, with an average return of 85%.

Odaily Planet Daily reports that Michael Saylor posted a Bitcoin Tarcker with the caption "₿ig Week," suggesting he may release Bitcoin accumulation data next week.