According to market news, New York financial regulators and Paxos Trust reached a $48.5 million settlement.

According to Odaily Planet Daily, Federal Housing Finance Agency Director Pulte posted on the X platform, "Compared to President Trump's first term, due to the policies of Biden and Powell, current mortgage costs have doubled," and urged the Federal Reserve to cut interest rates: "Jerome Powell must cut rates immediately." Pulte previously stated that he would pay close attention to cryptocurrency volatility, and Chairman Powell maintained high interest rates.

Odaily Planet Daily News: The U.S. cryptocurrency sector rose, Coinbase (COIN.O) rose more than 3%, Bitfarm rose nearly 4%, and Hut 8 rose nearly 5%. White House officials said Trump will sign an order to pave the way for alternative assets in 401(k).

Odaily Planet Daily reported that according to Arkham monitoring, about 6 minutes ago, Grayscale transferred 2,354 ETH worth US$9.04 million to the Coinbase Prime hot wallet.

Odaily Planet Daily reported that according to Lookonchain monitoring, the whale 0 xd 8 d 0 sold 10,000 stETH (worth approximately US$38.16 million) and 398 BTC (worth approximately US$46.41 million) in the past 2 hours in exchange for 84.93 million USDC.

According to on-chain analyst Ai Yi (@ai_9684 xtpa), two addresses suspected to belong to the same individual have sold 1,770.2 ETH, valued at approximately $6.71 million, held for six months. The funds were sourced from the privacy protocol Railgun. These ETH were acquired at $2,690 in February 2025, resulting in a profit of approximately $1.95 million. Monitoring indicates that one of these addresses withdrew 6.75 million USDT from Binance half an hour ago, possibly completing the sale.