Department store chain Bealls announced that it accepts Bitcoin and cryptocurrency payments in over 660 of its stores across the United States. （The Bitcoin Historian）

Nvidia CEO Renxun Huang, Anthropic CEO Dario Amodei, and Palantir CEO Alex Karp will have lunch with US President Trump and House Speaker Mike Johnson to discuss the risks of artificial intelligence.

The CoinShares report points out that the US CLARITY Act has not been pushed forward in the Senate, but the integration of traditional finance and on chain infrastructure is still ongoing. The New York Stock Exchange and Blockchain.com are exploring tokenized US stock and ETF trading, ICE is establishing a data partnership with Blockchain.com, and Circle has received a $100 million strategic investment to drive USDC distribution. The SEC's innovation exemption will continue to drive the blockchain of trading, payment, and clearing infrastructure. Last week, the blockchain stock index rose 1.9%, Bitcoin rose 3.8%, but the US dollar rose to an eight week high and the 10-year US Treasury yield exceeded 5.2%, indicating a unfavorable macro environment for liquidity sensitive assets. (Source: CoinShares)

Ari Paul, founder of BlockTower Capital, stated in an article on X platform that Coinbase has covered up billions of dollars in losses from past hacker attacks and has not returned customer funds. Ari Paul stated that Coinbase lost approximately $25 million in BlockTower funds, and investigations have shown that this behavior was intended to cover up recurring large-scale hacker attacks. Ari Paul stated that tracking has found at least 12 companies affected, with a total concealed loss exceeding $1 billion, and multiple legal cases are currently underway.

[Benjamin Cowen: Questioning the Bearish Outlook for Bitcoin in Q4] ITC Crypto founder Benjamin Cowen published a post questioning the bearish outlook for Bitcoin in the fourth quarter, stating that the current market trend is favorable for the bulls. The BTC price is less than 1% away from its May high, making it difficult to draw conclusions about the market outlook before entering Q4. Benjamin Cowen pointed out that historically, after BTC breaks above the 50-week moving average, it typically rises 20% to 30% within 1 to 2 weeks. However, this cycle's movement has been more moderate, influenced by seasonal factors and rising U.S. Treasury yields. Bitcoin has consistently demonstrated resilience, necessitating a reassessment of the bearish outlook for Bitcoin in Q4.