According to CNN, a US official stated that Iran has launched multiple drones towards the Strait of Hormuz. The official added that the US military has shot down at least three of them.

According to Bijie.com, the price of Zcash (ZEC) plummeted nearly 50% after a network vulnerability was disclosed, falling from a recent high to $264.80 before rebounding to $380. This sell-off stemmed from Shielded Labs' confirmation of a vulnerability in its Orchard protection pool, potentially allowing the creation of an unlimited number of counterfeit ZEC tokens. BitMEX co-founder Arthur Hayes also disclosed that he had sold all of his ZEC holdings, although he believed the likelihood of the vulnerability being exploited was "extremely small," but emphasized the need for higher certainty standards for privacy assets. Meanwhile, Lookonchain data shows that a newly created wallet withdrew 37,316 ZEC from Binance after the crash, worth approximately $13.1 million, indicating that some large investors viewed the drop as a buying opportunity. The ZEC derivatives market experienced its most dramatic liquidation in months, with nearly $82 million in ZEC liquidations during the crash, according to Bijie.com data.

According to Polymarket, President Trump has signed an AI memorandum aimed at preventing any AI company from controlling U.S. national security systems, a move that comes after a dispute between the Pentagon and Anthropic.

According to CoinWorld, Uniswap recorded its largest single-day UNI burn under its unified mechanism, reaching 134,000 UNI tokens. Hayden Adams has reiterated his bullish view on DeFi and Ethereum. He stated that current market sentiment is similar to the 2018 bear market, when Ethereum sentiment was also very low, but builders used that period to create products, driving the DeFi summer of 2020. Uniswap's burning mechanism plays a central role in its current token strategy, and Adams' comments link the protocol's latest activity to a longer DeFi building cycle.

According to CoinWorld, Michael Saylor publicly responded after CNBC host Jim Cramer accused him of causing the Bitcoin crash. Bitcoin has fallen more than 20% in a week and is currently near $59,000. Cramer tweeted that "Saylor killed Bitcoin," pointing to Saylor's recent Bitcoin sales as being related to the sharp market decline. This comment came after Bitcoin suffered a long liquidation of over $450 million, with prices reaching their lowest point in nearly two years. Saylor responded that the decline was only a "minor injury," stating that the 32 Bitcoins his company sold on Monday represented only a small portion of its holdings. Cramer believes this sale changed investors' perception of a Bitcoin rebound. CryptoQuant CEO Ki Young Ju refuted the view that Saylor was to blame for the Bitcoin drop, arguing that a larger sell-off by long-term holders was the main reason. Citigroup analysts also stated that investors may be focusing too much on Saylor's sale and ignoring the continued outflows from US spot Bitcoin ETFs.

According to Whale Alert, an unknown wallet recently transferred in 1,540 BTC, equivalent to approximately $95.02 million at the current price.

According to CoinWorld, a BTC OG whale's ZEC short position has narrowed its unrealized profit to approximately $14.37 million (199.35%). With the current ZEC price at $376.37 and a liquidation price of $821.05, the total position size is $21.626 million. This whale previously held over 50,000 BTC, and after eight years of inactivity, gradually converted some of its BTC holdings into ETH. Its operations are highly synchronized with Trump's rhetoric and US policy developments. It previously profited nearly $100 million from shorting ZEC before the "10.11" crash, attracting market attention.

According to CoinWorld, Hunter Biden, son of former President Joe Biden, stated, "Fiat currency is a scam, and the banking system is corrupt." He further pointed out, "Decentralized digital currencies and blockchain are the inevitable future."

According to CoinWorld, digital asset treasury firms are facing pressure as the crypto market declines, with major Bitcoin, Ethereum, and Solana holders suffering huge unrealized losses. Artemis data shows that treasury firms focused on Hyperliquid are the only major group still holding significant paper gains, with Hyperliquid strategies holding approximately 23.7 million HYPE, representing over $1.1 billion in unrealized gains. In contrast, firms holding reserves around Bitcoin, Ethereum, and Solana face billions of dollars in unrealized losses. Strategy currently holds over $12.8 billion in unrealized Bitcoin losses, with its average acquisition cost climbing to approximately $75,000. Ethereum treasury Bitmine faces approximately $10.5 billion in unrealized losses on over 5.4 million ETH. Solana treasury firms also suffered losses as SOL fell below $65 on Friday, hitting its lowest price since 2023.

According to CoinWorld, Huang Licheng, a prominent figure in the cryptocurrency community, increased his long position in ETH by 275 tokens on the HyperLiquid platform, equivalent to approximately $459,130, bringing his total holdings to $2,295,105. The average price per ETH increased from $1,584.46 to $1,588.55. Currently, the profit/loss for this long position is $31,413.23, representing a 34.22% increase. The current ETH price is $1,610.59, and the liquidation price is $1,577.24.

According to CoinWorld, the unrealized loss on the ETH long positions held by the Matrixport-affiliated address "ETH Long Position TOP 1" has narrowed. The address's profit/loss has narrowed from -$28,088,002.75 (-673.76%) to -$26,071,973.58 (-605.87%), with an average price of $2,265.48. The current ETH price is $1,613.69, the liquidation price is $1,309.48, and the total position size is $64,548,934.01. This address has received multiple inflows of funds from Matrixport (now renamed Bit) and is currently the largest on-chain ETH long position, with two other affiliated addresses coordinating their positions.

According to CoinWorld, Ripple's David Schwartz explained the future direction of the XRP ledger to the community in the latest "XRP in One Minute" video. He elaborated on the network's roadmap for transitioning to tokenized assets and decentralized finance (DeFi). Schwartz pointed out that XRP's development is taking place within the broader historical context of the cryptocurrency industry, emphasizing that the Ripple network aims to further adapt to a wider range of financial instruments. He mentioned that the XRP ledger not only provides native digital assets similar to Bitcoin but can also represent stablecoins or any type of tokenized asset. Schwartz also noted that a growing number of businesses are using the XRP ledger to offer tokenized real-world assets and predicted that this trend of institutional adoption and asset tokenization will accelerate. Looking ahead, he believes that decentralized finance will completely replace traditional finance, with businesses offering features that attract mass retail adoption.

According to CoinWorld, market predictions indicate a 64% probability that Cuban President Miguel Díaz-Canel may be impeached this year. This news comes as Trump intensifies pressure on Cuba.

According to CoinWorld, SpaceX announced a significant computing agreement with Google. From October 2026 to June 2029, Google will pay SpaceX $920 million per month for access to approximately 110,000 NVIDIA GPUs, CPUs, memory, and other related equipment. This agreement comes as SpaceX plans to list on Nasdaq, which is expected to be the largest IPO in history. Google stated that demand has exceeded expectations, and the agreement with SpaceX will provide it with transitional capabilities to meet customer needs.

According to CoinWorld, Anthropic co-founder Jack Clark recently warned new employees to "cultivate some non-computer-related hobbies" and stated that the company is building a "superhuman coder with nation-state hacking capabilities."

According to CoinWorld, MoneyGram's Josh Gordon-Blake stated that stablecoins have already provided value in practical applications, helping companies scale faster, reduce costs, and expand access to dollar-denominated values in 200 countries.

According to CoinWorld.com, Brad Sherman criticized a proposal to distribute government payments via stablecoins at a congressional hearing, warning that such a system could support tax evasion. He stated that the risks of using stablecoins for government payments outweigh any potential benefits. Sherman's criticism came after Kyle Hauptmann, chairman of the National Credit Union Administration, suggested that stablecoins could improve the speed of government payments. Hauptmann told lawmakers that dollar-pegged tokens operate 24/7, allowing tax refunds and emergency payments to reach recipients outside of traditional bank hours. Sherman also expressed concerns about yield-bearing stablecoins, stating that legal professionals are already exploring ways to circumvent interest payment restrictions and urging regulators to develop rules that can prevent such outcomes.

According to Bijie.com, Huang Licheng, a trader known for his shrewd trading, increased his long position in ETH by 275 units, worth approximately $461,000, on the HyperLiquid platform. His current holdings total $1,835,975, with the average price adjusted from $1,582.88 to $1,584.46. His current profit/loss is $13,845.06 (18.85%). The current ETH price is $1,596.50, and the liquidation price is $1,562.47. This trader previously profited from blue-chip NFTs, but after becoming active this year, he suffered significant drawdowns since October, reducing his capital from over $100 million to several hundred thousand US dollars.

According to CoinWorld, the unrealized profit of HYPE long positions has expanded to $29.0836 million, a gain of 176.36%. The current price is $59.75, the liquidation price is $49.98, and the total open interest is $82.4576 million. This address heavily bought HYPE before its listing on Robinhood and is now the largest long position holder in HYPE, having previously suffered significant unrealized losses.

According to CoinWorld, Senator Cynthia Lummis stated that digital assets and traditional banks can coexist; the challenge lies in convincing lawmakers that stablecoins will not drain deposits from community banks. She believes that digital assets can coexist with traditional banks and create new opportunities for local banks.