In the past hour, total liquidations across the network reached $10.93 million, with $8.73 million from long positions, with $2.20 million from short positions. BTC liquidation $378,861.83, ETH liquidation $375,131.73.

According to GMGN data, Meme coin, part of the BSC ecosystem, saw a brief surge, with its market capitalization exceeding $5 million and a daily increase of over 31%. Odaily reminds users that Meme coin prices are highly volatile, and investors should be aware of the risks.

According to Odaily Planet Daily, Trump announced on Truth Social that due to the Greenland issue, the United States will impose a 10% tariff on all goods exported to the United States from Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands, and Finland, effective February 1st, and plans to raise the tariff to 25% on June 1st. These tariffs will remain in effect until an agreement is reached on the "complete and total purchase of Greenland." Trump stated that the recent actions of these countries in Greenland pose a potential risk to global security and stability, and the United States believes it is necessary to take a strong stance against them. Meanwhile, the European Union will hold an emergency meeting of member state ambassadors in Brussels on the 18th to discuss the situation in Greenland and the latest tariff threats from the United States.

the total open interest amounted to $114350618320.76382, with BTC at $52.72 billion, ETH at $34.16 billion, XRP at $6.06 billion, LTC at $2.36 billion, ETC at $1.37 billion, DASH at $1.20 billion, IOTA at $1.10 billion, XMR at $594.66 million, QTUM at $585.44 million, . The data is sourced from the quarterly and perpetual contracts on Bitget,dYdX,Deribit,CME,Hyperliquid,Binance,Coinbase,OKX,Bybit,Gate,HTX,Kraken,Crypto.com,Bitfinex,BitMEX. This report is for informational purposes only and does not constitute investment advice.

In response to Coinbase CEO Brian Armstrong's statement that the White House's attitude was "constructive," crypto journalist Eleanor Terrett further stated that her previous report was "factually accurate and logically sound." Terrett pointed out that Armstrong's response actually confirms the core of her report: the White House has asked Coinbase to facilitate an agreement with banks on revenue sharing. Terrett emphasized that, to her knowledge, the White House's current support for the crypto market structure bill depends on the successful conclusion of this revenue sharing agreement, and its stance is not unconditional.