Bank of America extends a $520 million credit line to OpenAI to support its initial public offering (IPO).

According to official announcements, Pump.fun has launched Robinhood chain token trading functionality on its app. Users can seamlessly trade a range of popular Robinhood chain tokens directly using SOL on the platform, eliminating the need for cross-chain operations, which further simplifies the trading process and lowers participation barriers. Pump.fun noted that the feature rollout is designed to help users engage in hot market trades more conveniently and seize investment opportunities from various market themes in a timely manner.

According to Iran’s Press TV, sources familiar with the matter stated that Iran will also strike enemy targets, with the number of its strikes at least double that of the enemy. Iran will reopen the Strait in line with its own arrangements under the Islamabad Memorandum of Understanding. The sources added that Iran will close the Strait of Hormuz if it faces any new attacks. Iran will carry out strikes against "hostile forces' targets" at a ratio of at least 2:1.

According to Iran's Press TV, an informed source stated that Iran will not back down on the issue of managing the Strait of Hormuz.

US President Trump said that maybe we will take some actions that could push up oil prices.

According to Bitget market data, Brent crude oil rose 7.0% intraday to trade at $79.41 per barrel, while WTI crude oil gained 7.0% intraday to reach $75.38 per barrel.

According to Bloomberg, a special purpose acquisition company (SPAC) backed by Cantor Fitzgerald and Bitcoin reserve firm BSTR, led by Adam Back, announced they have scrapped the original terms of their proposed merger and will renegotiate a revised agreement. Amid a tightening crypto market environment and growing headwinds for Bitcoin reserve-focused firms, the two parties have opted to adjust the transaction structure. Cantor Equity Partners I Inc. and BSTR Holdings said Wednesday they will no longer advance the deal under the merger agreement signed last year, instead aiming to draft revised terms that better reflect current market conditions. Neither company disclosed specific financial details of the new transaction, nor did they provide a timeline for when a new agreement could be finalized.