Odaily Planet Daily reports that CFTC Chairman Mike Selig stated at an event in Washington that the agency is working to allow truly professional perpetual contracts to operate within the United States within the next month, and expects to release a related announcement soon. Selig pointed out that previous regulatory policies led to a significant outflow of companies and liquidity overseas. Furthermore, the CFTC and SEC are advancing several digital asset policies through Project Crypto, including providing clear guidance for DeFi developers and developing clear standards for prediction markets. SEC Chairman Paul Atkins also noted that while regulators are pushing for innovation exemptions to allow industry experimentation, legal certainty from Congress is still needed. Currently, legislation regarding transparency in the digital asset market is still under negotiation in the US Senate.

In the past hour, total liquidations across the network reached $34.94 million, with $27.66 million from long positions, with $7.28 million from short positions. BTC liquidation $16.89 million, ETH liquidation $8.54 million.

According to Lookonchain, the US government has transferred out 0.0378 BTC, worth $2,520, possibly as a test transaction. The address currently holds 320,000 Bitcoins.

According to Gate data, spot gold fell below $5,000 per ounce, hitting a new low since February 20, with a daily drop of more than 6%.

According to Lookonchain monitoring, as reported by Odaily Planet Daily, Machi Big Brother just received another 250,000 USDC from a wallet associated with QCPCapital and deposited it into Hyperliquid to continue going long on ETH.