In the past hour, total liquidations across the network reached $69.97 million, with $66.89 million from long positions, with $3.08 million from short positions. BTC liquidation $12.73 million, ETH liquidation $19.08 million.

Odaily Planet Daily reports that US President Donald Trump announced on social media that all federal agencies must prioritize purchasing American products, "without exception." He accused Washington politicians of sending taxpayers' money overseas for decades, allowing foreign countries to profit at the expense of American workers, factories, and supply chains. Trump declared this "betrayal is over." He stated that his administration is strengthening "Made in America" laws, closing loopholes, and prohibiting the federal government from purchasing foreign products when superior American options are available. Trump warned Washington bureaucrats: "Stop handing out exemptions like candy! Stop rubber-stamping exceptions for foreign products and hurting American workers." He emphasized that he will prioritize American workers, factories, and supply chains more than ever before, in a bigger, better, and stronger manner. Trump stated that he has signed Executive Order 14392 to crack down on false "Made in America" labels and is strictly enforcing it. "No more tricks, no more fake labels, no more deceiving American taxpayers. America First means Buy American!"

According to Odaily Planet Daily, Digital Asset (the developer of Canton Network) is reportedly raising approximately $300 million, valuing the company at around $2 billion, with the round led by Andreessen Horowitz's a16z crypto. This funding round is expected to close in the coming weeks and will be the company's largest funding round to date. Canton Network has already attracted participation from institutions including Visa, Goldman Sachs, and DTCC. The network focuses on a privacy-focused, configurable public blockchain for institutions and has already processed or issued over $6 trillion in tokenized assets.

Odaily reports: US President Trump: I just read Iran's response. I don't like it. Absolutely unacceptable!

Odaily Planet Daily reports that Iran emphasizes that the presence of US troops is a major source of regional instability, and that US bases cannot even guarantee their own security. Iran stated that the future of the Persian Gulf should be free from US influence and stressed its shared destiny with its Gulf neighbors. Iran declared that foreign powers are unwelcome in the Persian Gulf, and that its growing influence is part of a new regional order. Iran also pointed out that controlling the Strait of Hormuz is crucial for security and stated its intention to end the "hostile use" of the strait.