Odaily News US President Trump said that cryptocurrencies create jobs and Bitcoin also reduces the pressure on the US dollar. (Jinshi)

Odaily News US President Trump said that encrypted digital currency is a very interesting thing and we have built a very powerful industry. (Jinshi)

Odaily News US President Trump said it would be great if Federal Reserve Chairman Powell lowered interest rates. (Jinshi)

Odaily News According to @ai_9684xtpa, the whale AguilaTrades has liquidated nearly $100 million of short positions 20 minutes ago, and then opened a 20x leveraged long position in BTC. It currently holds 1040.34 BTC, about $111 million, with an opening price of $107,275.8 and a liquidation price of $98,624.

Odaily News According to official news, Lnfi Network, a DeFi platform based on the Bitcoin Lightning Network, announced that it has completed the full integration of the RGB protocol. It is reported that Lnfi Network has been committed to building high-performance and highly scalable financial infrastructure on the Lightning Network. It currently fully supports multiple Lightning Network-compatible asset standards including Taproot Assets, RGB, Lrc20 and Ark. Since the launch of the mainnet at the end of 2023, Lnfi's order book exchange has a daily trading volume of 20 to 30 million US dollars. Previously, Lnfi had previously received investments from institutions including UTXO Management, CMS Holdings, and Wolf NYC (NYDIG), and maintained close cooperation with Bitfinex's RGB development team. (BitcoinMagazine)

Odaily News Pulte, director of the Federal Housing Finance Agency, said that he would pay close attention to the volatility of cryptocurrencies, and Chairman Powell maintained interest rates at a high level. (Jinshi)