Odaily News Swedish listed company H100 Group has completed the acquisition of Future Holdings AG, a Swiss Bitcoin treasury company backed by Adam Back. (BitcoinTreasuries.NET)

Odaily News According to Adam Button, an analyst at the US financial website investinglive, the price of gold plummeted instantly for unknown reasons. This move drove a broad-based rise in the US dollar. The decline in gold prices and the strengthening of the US dollar may have been triggered by overall risk-off sentiment. US stocks opened essentially flat and then fell sharply. The drop in gold prices has also sparked speculation about a leak of the CPI report, as such a decline might occur after a hot report is released, but I am skeptical of that. Regardless of the driving factor behind this move, it has heightened concerns that "nothing is safe." I believe the trigger was Microsoft's stock price falling 12% in a single day. Since then, we have seen ongoing worries about industry turmoil. The software industry continues to be impacted, but today, the logistics and transportation sectors are also being hit. It's possible that someone who works as a software engineer was forced to liquidate their gold position. (Jin10)

Odaily News According to Coinglass data, the entire network liquidated $80.3701 million in the past hour, with long positions liquidating $77.4441 million and short positions liquidating $2.9260 million.

Among these, BTC liquidations amounted to $31.52 million, and ETH liquidations amounted to $19.77 million.

Odaily News Gate market data shows that spot gold's short-term decline continues, currently at $4907 per ounce, with an intraday drop of 3.3%. Spot silver has plunged $7.01 intraday, currently at $77.21 per ounce, a decline of 8.32%. New York silver futures have retreated below $77 per ounce, down 8.32% intraday.

Odaily News According to Onchain Lens monitoring, as the market declines, Machi Big Brother's (0x020...5872) 25x leveraged long position on ETH is facing partial liquidation again. Currently, his losses have reached $27.56 million, with only a 4% drop remaining until the next liquidation price.

Odaily News According to Gate data, spot gold's short-term decline has widened to $60, currently trading at $5,010 per ounce, while spot silver has dropped nearly $3 in the short term, now at $79.26 per ounce.

Odaily News According to Coinglass data, the entire network saw liquidations of $63.1219 million in the past 4 hours. Long position liquidations amounted to $50.9112 million, while short position liquidations were $12.2108 million.

Among these, BTC liquidations were $23.51 million, and ETH liquidations were $19.58 million.

Odaily News Elon Musk's Grok AI has confirmed that X Money is considering integrating BTC. (The Bitcoin Historian)

Odaily News According to Onchain Lens monitoring, a whale (0xeA0...A918) deposited $5 million USDC into Hyperliquid and opened 5x leveraged long positions on HYPE, ETH, and BTC. The address still has TWAP orders in place to further increase its position.

Odaily News CZ stated during a Binance Square AMA that looking at cryptocurrency adoption rates now, in terms of user numbers, the adoption rate is still quite low, likely between 8% and 10%. That is, 8% to 10% of the world's population may own some form of cryptocurrency. However, the value of the cryptocurrency they hold is also very low compared to their total asset value, with possibly less than 10% of their assets allocated to crypto. This means cryptocurrency adoption accounts for less than 2% in terms of asset value.

Odaily News Despite signs of resilience in the US labor market suggesting the Federal Reserve may remain on hold for an extended period, the US dollar continues to weaken. Corpay strategist Karl Schamotta stated: "This indicates that bearish sentiment is already deeply entrenched and serves as a warning to those, including us, who expected strong US fundamentals to provide support. By historical standards, the dollar's decline so far remains relatively moderate. If market sentiment does not shift, there is still room for further downside." (Jin10)

Odaily News CZ expressed his views on AI development trends in a reply on Binance Square, stating that AI will definitely flourish. Two years might be a long-term time horizon for him, but one thing seems certain: future AI agents will most likely adopt cryptocurrencies for settlement.