Short term BTC holders take profits and long-term holders realize losses

According to The Information, Microsoft's security department is restructuring its business to drive AI transformation, laying off hundreds of employees and adjusting its executive team. Microsoft's security chief, Hyatt Garrett, has replaced at least 8 executives and allocated team resources to develop AI security products.

The Federal Reserve's release of the Beige Book shows that the overall price level in the United States is rising, with rising energy, transportation, and raw material costs pushing up input costs for businesses, and some companies' profit margins being squeezed.

According to FOX News, Democrats are attempting to block the Bitcoin Clarity Act on ethical grounds, aimed at obstructing US President Trump's cryptocurrency agenda. （The Bitcoin Historian）

JPMorgan Chase tokenizes Invesco QQQ Trust and converts it into Real World Asset (RWA) tokens. （Cointelegraph）

The Federal Reserve released a brown book, pointing out that overall employment in the United States has risen, with five regions experiencing moderate, moderate, or steady employment growth, and seven regions experiencing little or no change in employment.