China Responds Strongly to US Decision to Impose 100% Tariffs
Chinese Foreign Ministry Spokesperson Lin Jian stated that China “firmly opposes” the US decision to impose 100% tariffs on China. Lin said that the US has continuously harmed China’s interests with sanctions and restrictions, yet has failed to reflect on its own mistakes. China called on the US to abandon its misguided policies and return to dialogue, emphasizing that “countermeasures” would be taken otherwise.
According to CoinShares’ weekly report, there was a net inflow of $3.17 billion into digital asset investment products last week, bringing this year’s total inflow to $48.7 billion. ETP trading volume hit a record $53 billion on a weekly basis, with $BTC products leading the way with a $2.67 billion inflow. Although there was a weekly inflow of $338 million on the $ETH side, there was an outflow of $172 million on Friday.
Strategy Purchased 220 BTC
US-based Strategy purchased 220 $BTC for approximately $27.2 million. The average purchase price was announced as $123,561 per Bitcoin.
CZ: “Taking Photos with Me is Free, Beware of Scammers”
Binance founder CZ denied rumors that he charged for photos with him at the Dubai meeting. CZ said, “I don’t charge for photos. I usually take photos with participants for about 20 minutes after my talk.”
Hyperliquid Launches HIP-3 Update
According to The Block, Hyperliquid is activating the HIP-3 protocol upgrade starting today. The update will allow users to create permissionless perpetual contract markets. The executive stated that there will be no disruption to the user experience during the network upgrade.
USDT Market Value Exceeds $180 Billion
According to Coingecko data, the market value of $USDT has broken a new record by exceeding $180 billion. An increase of approximately $3 billion has been recorded in the last 7 days.
Bank of America Raises Gold Forecast to $5,000
Bank of America revised its 2026 gold price forecast to $5,000 per ounce and silver to $65. The bank predicts that imbalances in the physical silver market will increase volatility.
BlackRock CEO: “Crypto Plays the Same Role as Gold”
Larry Fink stated in an interview with BitcoinMagazine, “The role of cryptocurrency is the same as that of gold; it is not a bad asset.”
USDC Minted 250 Million Units on Solana
According to Whale Alert data, $USDC Treasury minted 250 million new $USDC on the Solana chain.
Lemon Completes $20 Million Series B Funding Round
Argentina-based crypto fintech firm Lemon secured $20 million in Series B funding led by VanEck and ParaFi. The company plans to expand in Latin America and aims to grow its user base to 10 million.
Opinion Labs Prepares for Mainnet Launch
Opinion Labs, a prediction market backed by YZi Labs, announced that it has completed its final preparations ahead of its mainnet launch. The project is expected to go live shortly.
