According to a report by The Hill, U.S. Energy Secretary Frank Wright stated on Friday that the Strait of Hormuz will reopen "at the latest sometime this summer." Wright said the U.S. "continues to expand U.S. natural gas exports," adding 2.5 billion cubic feet of daily natural gas export capacity despite the loss of 10 billion cubic feet of natural gas transport capacity per day due to the Strait of Hormuz closure. "Shipping in the Strait of Hormuz will resume as soon as possible, but at the latest this summer," Wright said, adding that an agreement could be reached as early as "the next few days." Wright stated that if Iran "continues to hold the global economy hostage," the U.S. military will "force the reopening of the Strait of Hormuz, but this is not an easy thing to do." He added, "We have taken preliminary steps, but a better way is to reach an agreement rather than use military force." (Jin Shi)

Token | Trading Volume 【TIA】15.32 million 【PI】2.29 million 【LGNS】4.75 million 【DCR】281,733.74 【BTC】25.14 billion 【TRX】608.46 million 【SHIB】314.74 million 【SUSHI】2.22 million 【TON】188.90 million 【SUI】3.12 billion

According to Odaily Planet Daily, the Ningbo Customs Anti-Smuggling Bureau in Zhejiang Province recently cracked several cases of smuggling cryptocurrency mining machines, dismantling multiple criminal gangs and seizing over 400 mining machines of models such as Antminer L9 and Glacier KS3. The gangs disassembled the mining machines, falsely declaring them as "industrial blocking devices" and smuggled them into China via international express mail through ports such as Ningbo and Guangzhou. They then reassembled the machines and sold them domestically or transported them to mining farms in Xinjiang, Hunan, and other regions for hosting and mining. Investigators stated that the gangs also used USDT for cross-border payment settlements to evade fund supervision.

According to Huoxun Finance, market analyst Ali pointed out in an article on the X platform that Bitcoin has shown signs of "overheating," with traders currently realizing an average profit margin of 17%, indicating a large number of investors are in a state of significant profitability, potentially increasing pressure to take profits. A similar signal appeared in March 2022, when Bitcoin tested the 200-day moving average resistance level, formed a temporary top, and began to decline. This historical signal is now recurring, requiring high vigilance.

According to Coinglass data, the total holdings of whales on the Hyperliquid platform currently reach $4.084 billion, with long positions accounting for $2.023 billion (49.55%) and short positions accounting for $2.06 billion (50.45%). Long positions have an overall unrealized loss of $62.7716 million, while short positions have an overall unrealized profit of $31.7526 million. Another whale address, 0x6c85..f6, went all-in on ETH at $2265.44 with 20x leverage, and currently has an unrealized loss of $3.8698 million.