1. BTC Breaks $98,000, Setting a New Historical High

According to OKX market data, BTC has just broken through $98,000, setting a new historical high, currently priced at $97,988 per coin, with an intraday increase of 3.43%. According to Coinglass data, Bitcoin liquidations over the past 24 hours reached $123 million, including short liquidations of $93.32 million.

2. Trump's Team Discusses Establishing a White House Cryptocurrency Position and Reviewing Candidates

Trump's team is discussing the establishment of a position in the White House specifically responsible for cryptocurrency policy. This position may aim to coordinate policies among federal agencies and communicate with industry stakeholders to address issues related to the cryptocurrency field. It is still unclear whether this position will be a senior White House role or the specific scope of responsibilities.

3. NVIDIA Releases Q3 Fiscal 2025 Earnings Report

NVIDIA has released its Q3 earnings report for fiscal 2025, with adjusted earnings per share (EPS) of $0.81, exceeding market expectations of $0.74; revenue was $35.10 billion, surpassing market expectations of $33.25 billion. Among them, data center revenue reached $30.80 billion, higher than the market expectation of $29.14 billion. NVIDIA expects fourth-quarter revenue to be $37.50 billion, with a fluctuation of 2% in either direction.

4. QCP Capital: Bitcoin Price Expected to Remain Strong by Year-End

QCP's latest report indicates that Bitcoin broke the historical high this morning, reaching $97,900, driven by institutional capital inflows and increased corporate emphasis on crypto assets. Strong demand for call options in January, March, and June indicates strong market confidence in the long-term outlook. Bitcoin ETFs have seen a cumulative net inflow of $1.84 billion over the past three days, with the net inflow of U.S. ETFs exceeding $29.40 billion this year, becoming a major force driving Bitcoin inflows. Against the backdrop of further easing of global central bank monetary policies, Bitcoin prices are expected to remain strong by year-end.

5. Beijing Changping District Court Hears Case of Blockchain Engineer Abusing Power for Personal Gain

The Beijing Changping District Court is hearing a case of a blockchain engineer abusing power for personal gain. The defendant, Zhang, obtained unauthorized program codes and private keys under the pretense of "code learning" while developing a project at the company, sharing them in a technical group chat, inviting members to crack the code and attack the company's account, successfully stealing 106.15 Ethereum. Subsequently, Zhang transferred the funds through "money laundering" back to his personal account. Ultimately, Zhang was sentenced to 3 years and 6 months in prison for illegally obtaining data from a computer information system, fined 60 thousand yuan, and had illegal gains of 38,329.76 yuan confiscated.

6. South Korean Police Confirm for the First Time that the Hacker Who Stole 342,000 ETH from Upbit Five Years Ago is from North Korea

South Korean police have confirmed for the first time that the 342,000 Ethereum stolen from the cryptocurrency exchange Upbit in 2019 was carried out by the North Korean hacking groups "Lazarus" and "Andariel" under the Reconnaissance General Bureau. The police reached this conclusion through North Korean IP addresses, the flow of crypto assets, and evidence obtained in cooperation with the FBI. Of the stolen Ethereum, 57% was exchanged for Bitcoin at a low price, while the remaining assets were laundered through 51 overseas exchanges. After four years of tracking, the police successfully recovered 4.8 Bitcoins (approximately 600 million won) from a Swiss exchange and returned it to Upbit.