For the first time since March, whales on Hyperliquid have turned to a net short position in Bitcoin. This group established long positions at the bottom, but the holdings reversed last week. The market is now watching to see if this group is positioning for a deeper pullback or facing a short squeeze during a price rally. (glassnode)

Bitcoin mining company Luxor has raised $16 million in funding to expand its AI computing business.

[Key Takeaway: Binance ETH futures saw a limit order totaling $16.55 million executed by major players.] A massive limit action emerges, signaling potential market sentiment shifts ahead...

Bank of New York Mellon (BNY Mellon) supports XRP and RLUSD on its digital asset custody platform, allowing institutional clients to safeguard, hold, and transfer related assets. BNY Mellon plans to expand its support for XRP Ledger and partner with Ripple to enable clients to mint and redeem RLUSD through BNY Mellon. The two companies are also exploring supply chain finance solutions based on XRP Ledger with C2FO, tokenizing trade finance assets. (Source: Ripple)

Intel plans to acquire Classiq for approximately $2.3 billion. (Source: Jinshi)