Odaily News OKX market data shows that BTC fell below 107,000 USDT and is now at 106,986 USDT, a 24-hour drop of 1.09%. (This newsletter is generated with the assistance of AI)

Odaily News According to Lookonchain monitoring, in the past two days, a wallet associated with Cumberland received 454 million USDT from Tether and deposited it in Coinbase, Binance, Bybit, OKX, Kraken and other trading platforms.

Odaily News According to market news: prediction market Kalshi plans to raise $100 million at a valuation of $1 billion, with Paradigm participating in the investment.

Odaily News Zama, a cryptographic company that provides fully homomorphic encryption (FHE) for blockchain, announced the completion of a $57 million Series B financing round, led by Blockchange Ventures and Pantera Capital. This financing will bring Zama's total financing to more than $150 million, with a valuation of more than $1 billion, making it a "unicorn club." (CoinDesk)

Odaily News According to Lookonchain monitoring, about 30 minutes ago, a WBTC swing trader exchanged 49.98 WBTC for 2217.62 ETH.

Odaily News Federal Reserve Chairman Powell said that at some point we will resume rate cuts. Budget cuts have limited some economic data from federal agencies, but have not yet affected the Fed's ability to fully measure the strength and direction of the U.S. economy, but the trend of declining data availability is worrying. Powell said in response to a senator's question at a Senate Banking Committee meeting: "(I) don't want anyone to think that the data has deteriorated to the point where we can't understand the economy. Although it is not perfect, the direction of its development is worrying." (Jinshi)