Data: Bitcoin trading below the average production cost of around $87,000, a typical sign of entering a bear market

Coinbase CEO Brian Armstrong announced in a post that the platform has added a new registration page for AI agents, and aims to build Coinbase into the most AI-empowered financial account.

According to data from BIT Stock Platform, the Nasdaq and S&P posted "A-share style sell-offs" in U.S. stock market closing, with the Nasdaq 100 entering a technical correction. Intel (INTC) dropped another 9%. After Marvell, the leading optical module manufacturer, announced its acquisition of Lumentum, the leading optical chip firm, MRVL fell over 12%, logging a 32% cumulative decline over three days, while LITE plunged 18%. Semiconductor, storage, optical communication, and crypto-related sectors all declined broadly. Semiconductor and storage: Seagate Technology (STX) down 7.88%; Western Digital (WDC) down 7.52%; SanDisk (SNDK) down 6.59%; Micron Technology (MU) down 5.78%; NVIDIA (NVDA) down 1.26%; Intel (INTC) down 8.80%; Advanced Micro Devices (AMD) down 7.52%. Crypto-related: Strategy (MSTR) rose 0.19%; Coinbase (COIN) down 3.98%; Circle (CRCL) down 0.63%; BitMine (BMNR) down 3.17%; SharpLink (SBET) down 3.71%. Optical communication: FOTO (FOTO) down 8.08%; Marvell Technology (MRVL) down 12.72%; Applied Optoelectronics (AAOI) down 9.49%; Lumentum (LITE) down 18.59%; Coherent (COHR) down 4.93%; Ciena (CIEN) down 11.34%; Fabrinet (FN) down 3.85%; AXT (AXTI) down 12.46%.

According to Lookonchain's monitoring, a whale with address 0x9EcA spent approximately 37.96 million USDC to purchase 16,658 ETH in the early hours of today, at an average price of around $2,279, and is still buying.

Binance founder CZ stated early this morning regarding the platform’s recovery progress that Binance has disbursed 100% of the required funds, with only around 5% remaining to be converted into certain small-cap tokens, hence additional time is needed. Earlier reports noted that Binance has covered 95% of the approximately $3.3 billion in stolen funds, resumed withdrawals for its top 10 assets, and the remaining 5% consists of low-liquidity tokens, requiring more time for procurement and replenishment.

Binance founder CZ added regarding the platform’s recovery progress that one unmentioned detail, which people may not even realize, is that Binance did not take out loans, sell assets, or raise financing. The exchange fully used its own balance sheet to cover the stolen losses, a key difference from other incidents that have been commonly compared to it.

According to an official announcement from Polymarket Perps, the pre-market perpetual contract for Anthropic (ANT) has been launched, offering up to 10x leverage.