In the past hour, total liquidations across the network reached $15.87 million, with $5.62 million from long positions, with $10.25 million from short positions. BTC liquidation $4.13 million, ETH liquidation $3.32 million.

Odaily Planet Daily reports that the U.S. Department of Justice launched "Disruption Week," partnering with tech companies such as Coinbase, SpaceX, Meta, and Apple to freeze over $3.8 million in stolen crypto assets in a crackdown on organized crypto scams originating in Southeast Asia. During the operation, the government and private sector shared information, successfully disrupting over 1.4 million social media and email accounts and assisting in the arrest of seven suspected scammers. The Department of Justice stated that this action demonstrates the power of government-private sector collaboration in preventing further victimization of Americans. FBI data shows that the U.S. lost nearly $11.4 billion to crypto scams in 2025, a 22% increase year-on-year. Previously, companies such as Coinbase, Kraken, and Binance also assisted in freezing $12 million in fraudulent funds. (Decrypt)

According to Huoxun Finance, one of Goldman Sachs' core assumptions for SpaceX to achieve its $1.78 trillion IPO valuation is that its AI division's revenue will grow approximately 100 times by 2030 compared to 2025, rising from $3.2 billion to $322 billion; SpaceX's total revenue is projected to increase from $18.7 billion to $474 billion during the same period. The prospectus shows that xAI incurred a loss of $6.4 billion in 2025. Goldman Sachs also projects that the division's revenue will increase by 388% year-on-year to $15.6 billion in 2026 and reach $34.5 billion in 2027; Starlink and rocket businesses are projected to generate $144 billion and $8.3 billion in revenue respectively by 2030.

Odaily Planet Daily reports that U.S. Senator Cynthia Lummis, leading a group of Senate Republicans, is urging financial regulators to repeal the Basel Committee's 1250% punitive risk weight for digital assets and establish a new capital framework to allow banks to participate in the crypto asset market. (CoinDesk)

According to CoinGlass data, the total liquidation amount in the cryptocurrency market in the past 24 hours reached $1.802 billion, of which $1.503 billion were long positions and $300 million were short positions.