According to crypto analyst @EmberCN, "insider whale" @qwatio closed his ETH short position at 7:00 AM today to prevent liquidation of his BTC short position. He currently holds only approximately $115 million worth of BTC short positions, with a liquidation price of $114,491, just $400 below the current BTC price.

Odaily Planet Daily News: Live streaming platform Sidekick announced the establishment of the Sidekick Foundation and the launch of its native token K to support the "LiveFi" model and the development of the content creator ecosystem. K is the native utility and governance token of the Sidekick platform, used for rewards, subscriptions, unlocking exclusive content, participating in governance, etc., to build an on-chain live broadcast economic model with "attention as an asset" as its core concept. The total supply of K is 1 billion, with an initial circulating supply of 111 million (11.13% of the total supply). Token distribution includes: ecosystem growth (20%), long-term community incentives (20%), liquidity incentives (4%), foundation (16%), advisors (5%), core contributors (15%), and investors (20%). Investor, advisor, and core contributor shares will be locked up for 12 months, followed by a linear vesting period of 24 months.

According to Odaily Planet Daily, Bitget market data shows that MYX briefly fell below $1 and is now trading at $1.31, with the maximum drop of more than 50% in the past two hours.

According to Odaily's OKX market data, BTC rebounded above 114,000 USDT and is now trading at 114,005.5 USDT, with the 24-hour increase narrowing to 1.17%. (This newsletter was generated with AI assistance.)

Odaily Planet Daily News: US President Trump: Vance is most likely to become the next presidential candidate, and it would be helpful for Secretary of State Rubio to fight alongside him.

Odaily Planet Daily News: Coinbase announced that it will add dYdX to its asset listing roadmap.