Since 2023, Bitcoin long-term holders have remained consistently profitable, with their current unrealized profit buffer reaching 72%

Odaily News: The 2026 Nobel Prize in Economics has turned the spotlight on a question that is undergoing change within the Federal Reserve: should the central bank continue to explain its policy logic to the market and signal the future direction of interest rates in advance?Bloomberg columnist Jonathan Levin noted in a commentary published on Tuesday that the research of this year's Nobel laureate in economics, Michael Woodford, happens to pose a challenge to Federal Reserve Chairman Kevin Warsh's stance on forward guidance and policy transparency. Levin argues that Warsh tends to reduce the Fed's external communication, while Woodford's research shows that how a central bank explains its policy decisions is itself an important part of how monetary policy works.The Royal Swedish Academy of Sciences on Monday awarded the 2026 Nobel Prize in Economics to American economists Robert E. Hall and Woodford, honoring their contributions to the theory of economic stability.

Odaily News: Stablecoin issuer Tether has announced an investment in the seed round of Latin American financial infrastructure company EFY Finance to advance the institutional adoption of USD₮ and USA₮.Tether stated that the investment aims to strengthen the connection between stablecoins and the traditional financial system, and to support EFY Finance in developing stablecoin-based cross-border payments, account services, and digital asset custody infrastructure. EFY Finance currently offers USD₮ and USA₮ on/off-ramp services, over-the-counter (OTC) trading, wallet, and payment card services, covering local settlement channels in more than 12 currencies and 17 countries. The company has obtained a Digital Asset Service Provider license in El Salvador and serves over 25,000 individual and business accounts.

Odaily News: Ki Young Ju stated that the Bitcoin bear market cycle has ended, and the market is expected to enter a bullish or sideways phase over the next 12 to 24 months.

Odaily reports that quantitative giant and market maker Jump Trading has disclosed the establishment of a new internal compute trading division, while bringing in Ito Markets founding team members Affaan Mustafa and Alejandro Soumah Fernandez through an acqui-hire. The specific terms of the deal have not been disclosed. Analysts believe that as the AI boom drives growing demand for computing resources, Jump's move also reflects how financial trading firms are accelerating their push into compute as an emerging asset class. (Bloomberg)

Odaily News: JPMorgan and Goldman Sachs are leading the arrangement of a $5 billion loan underwriting deal for AI cloud services company Volta Infrastructure Holdings (Volta AI), but will only underwrite $1.3 billion of the term loan to reduce their own risk exposure.It is reported that this $1.3 billion term loan transaction will be used to pay for Volta's leasing fees for data centers operated by Bitcoin mining company Bitdeer. As of now, representatives from JPMorgan, Goldman Sachs, and Volta have all declined to comment on the matter. (Bloomberg)

1. South Korean stock market sell-off may spill over into crypto markets, Tom Lee calls it short-term pain;2. 15 trades in 4 months with nearly all profitable, a whale has accumulated $29.75 million in profits and went long on 24,000 ETH worth $60.7 million;3. SafePal responds to hardware wallet security concerns, reminding users to verify Ledger device authentication, activation records, and packaging seals;4. AMAT, the largest semiconductor equipment manufacturer in the US, expects revenue to double in the coming years;5. KB Securities: South Korean chip stocks pullback may reflect investors' doubts about earnings sustainability;6. CZ: Paying to smear competitors only damages trust in your own exchange;7. $115 million HYPE long position currently has unrealized gains of $61.26 million;8. Profitable since 2023, Bitcoin long-term holders currently have a 72% unrealized profit buffer;9. Binance will adjust leverage and margin for multiple USDT-margined perpetual contracts;10. A whale transferred 5,170 ETH worth $12.82 million to Tornado Cash, with unrealized gains of $3.056 million.