Bitcoin Surges Above $89,000

According to YuEmber monitoring, renowned trader AguilaTrades refilled 450,000 USDC as margin on Hyperliquid before shorting 120.74 BTC, worth approximately $9.35 million. Since June last year, he has accumulated $38.2 million in losses from rollover trades on Hyperliquid.

Binance founder CZ told CoinDesk in an interview: "These days, we see multiple security incidents occurring almost simultaneously on a daily basis. Therefore, I believe all industry participants must step up their ongoing application of AI technology in security protection. At the same time, the entire sector needs to establish some kind of unified standard to enable cross-party collaboration in addressing security threats. Currently, the industry is discussing forming an industry alliance, though few specific details have been released. We are very willing to advance this effort. In the short term, I expect more platforms will be hacked going forward. I hope any such incidents will result in far smaller losses, be managed more effectively, and leave no users out of pocket. But long-term, the industry must now leverage AI to bolster security defenses. I hope that in the medium term and beyond, we can build a more robust security framework."

According to monitoring by Onchain Lens, BlackRock’s ETF addresses transferred 7,244 BTC (valued at approximately $558.62 million) and 63,600 ETH (valued at around $143.63 million) to Coinbase Prime over the past hour, with a total value of roughly $702.25 million.

Following a sharp rally in international oil prices this year, Jeff Currie, a prominent investor with a long-term bullish stance on the energy market, is now advising investors to lock in short-term profits. However, he has not altered his long-term outlook for the energy sector, arguing that a structural energy supercycle driven by deglobalization, electrification, and currency devaluation remains intact, with investment opportunities shifting from crude oil itself to energy infrastructure and supply chain resilience. Currie, founder and CEO of Real Macro, previously served as chief energy strategist at The Carlyle Group and Goldman Sachs, and is widely known as the "Godfather of Commodities". He has been consistently bullish on oil since the COVID-19 pandemic, and doubled down on that stance following the outbreak of the Iran crisis this year. Yet, in a post on social platform X, he noted that now is the time to take partial profits on short-term trades, citing two key reasons: first, oil prices have risen too fast and too far; second, further escalation of tensions in the Strait of Hormuz will have mutually devastating consequences for both sides of the conflict. Currie refers to spot crude oil and short-dated futures contracts as "prompt oil". He suggests investors consider locking in profits on these trades as well as their refined product positions. Brent crude has risen roughly 75% year-to-date, which he says has delivered ample returns for investors.

According to Reuters, an official familiar with the negotiations revealed that Qatari mediators expect to receive feedback from the United States and Iran on a new proposal aimed at advancing the talks within 36 hours.

According to data from the BIT stock platform, Shopify (SHOP.N)’s stock price dropped 17% following the release of its third-quarter results. The company reported third-quarter revenue of $3.74 billion, which missed the consensus estimate of $3.75 billion. Shopify (SHOP.N) projects its fourth-quarter revenue will grow by just over 30%.