Odaily Planet Daily reports that Bitcoin prices plummeted due to the escalating geopolitical situation. Following US President Trump's announcement of a maritime blockade of the Strait of Hormuz, BTC briefly fell to around $70,900, a 24-hour drop of approximately 2.5%. This followed US Vice President JD Vance's statement that US-Iran negotiations had failed to reach an agreement on extending the ceasefire, leading to a cautious market sentiment. Bitcoin prices quickly retreated from above $73,000, which had held for most of Saturday, to around $71,500, and further declined after the blockade announcement. Analysts believe that the changing situation in the Strait of Hormuz, a crucial global energy transport route, has significantly exacerbated market risk aversion, putting pressure on risk assets, including crypto assets. (CoinDesk)

Ju.com officially announced a $30 million strategic investment in the Nivex exchange, comprehensively deploying its AI-driven intelligent trading ecosystem. Of this investment, $20 million will be specifically used for Nivex's platform token ecosystem incentives and liquidity development, while $10 million will support its AI trading algorithms, intelligent copy trading, and automated risk control system research and development. The two parties will achieve ecosystem complementarity and traffic sharing, jointly exploring innovative areas such as AI+DAO governance and automated asset allocation, and co-building an efficient and intelligent digital asset trading system. Nivex is an emerging exchange focused on AI intelligence, providing traders with data prediction, risk control, and intelligent asset allocation solutions based on its self-developed AI models.

Huoxun Finance reports that digital asset financial services company Tok-Edge has announced the launch of a crypto hedge fund targeting institutional investors, with plans to raise $100 million in its first round of funding by 2026. Tok-Edge, which has been operating discreetly, reportedly aims to build a compliant crypto asset allocation infrastructure for institutional investors, with an initial size of $21 million. Traditional finance veteran Marcus Meijer and his investment consortium are investors in the fund, with the latter planning to provide $10 million as a cornerstone investor.

According to Huoxun Finance, on-chain monitoring shows that a whale (labeled "Set 10 Big Goals First") has a floating profit of $3.21 million on its short positions in Bitcoin and Ethereum. The details are as follows: - BTC short position: 2567.49 coins, opening price $71554.61, floating profit $1.185 million; - ETH short position: 38465.22 coins, opening price $2248.74, floating profit $2.028 million.

According to Huoxun Finance, the short positions in Bitcoin and Ethereum held by a whale with the strategy of "setting 10 big targets first" have already yielded a floating profit of $3.21 million. The details are as follows: 1. BTC short position: 2567.49 coins, opening price $71554.61, floating profit $1.185 million; 2. ETH short position: 38465.22 coins, opening price $2248.74, floating profit $2.028 million.