The three major US stock indices collectively closed higher, with large tech stocks and Chinese concept stocks experiencing mixed gains and losses

Bitwise analyst Andr é Dragosch predicts that Bitcoin still has a 20% downward potential, and the market bottom may be around $48000. （Cointelegraph）

The US CFTC has sued officials such as Governor Michelle Lujan Grisham and Attorney General Ra ú l Torrez in the Federal District Court of New Mexico, aiming to prevent the state from applying gambling regulations to predictive market platforms such as Kalshi. New Mexico accuses Kalshi of providing sports betting to residents of the state without permission, while the CFTC argues that Kalshi provided a federally regulated derivative contract. The CFTC has sued states such as Wisconsin, Illinois, Arizona, Connecticut, and New York, and proposed predictive market rules.

SpaceX's stock price rose 19% on its first day of listing on NASDAQ on Friday, closing at around $161, with a market value exceeding $2 trillion, making it the sixth largest company in the United States. The trading volume of this transaction exceeded 500 million shares, with a turnover of approximately 80 billion US dollars. AJ Bell's marketing director Dan Coatsworth stated that SpaceX broke records in fundraising during its IPO, with an initial valuation of nearly $2 trillion.

The CFTC is recruiting and planning to use artificial intelligence to strengthen regulation of digital assets and financial markets. （Cointelegraph）

According to Xinhua News Agency, Iranian Foreign Minister Alaghi stated that in the negotiations of the Iran US Memorandum of Understanding, the United States promised not to launch a war or use threatening means, and both sides respect each other's sovereignty and do not interfere in each other's internal affairs.