Today's News:
1. Whale address James Wynn, after frequently closing positions yesterday, once again leveraged his Bitcoin long position to the maximum at 2 AM. His current position size has reached $527 million, which is the limit of his current capital capacity. The latest position data shows: 40x leveraged long on 4,903 BTC, opening price at $108,339, liquidation price at $106,449, with only a $1,890 difference between the two, leaving very little risk space. If the BTC price slightly corrects, it will approach the liquidation line and may face stop-loss liquidation.
2. New York City Mayor Eric Adams plans to issue Bitcoin bonds for New York.
3. Oncade announced the completion of a $4 million financing round led by a16z crypto CSX, aiming to create a community-driven game distribution platform to help game studios increase sales and user engagement through a pay-per-sale model.
4. U.S. Vice President Vance stated during his speech at the Bitcoin 2025 conference that Bitcoin finally has a supporter and ally in the White House, with approximately 50 million Americans holding Bitcoin, and he believes this number will soon increase to 100 million.
5. Stablecoin company Conduit announced the completion of a $36 million Series A financing round, led by Dragonfly Capital, with participation from Sound Ventures, Altos Ventures, DCG, and Commerce Ventures. This Series A round brings Conduit's total funding to $53 million, and the company did not disclose the valuation for this round.