Odaily Planet Daily reports that Goldman Sachs stated the dollar strengthened in the first month of the US-Iran conflict, prompting foreign official institutions to sell US Treasury bonds. Goldman Sachs strategists pointed out that these shifts appear to occur at a time when some foreign governments are working to support their currencies and mitigate capital outflows during wartime. This is likely a temporary pattern and does not indicate a structural shift in demand for US Treasury bonds.

According to Odaily, Dallas-based United Texas Bank has transitioned from a Texas-chartered bank to a nationally approved bank by the Office of the Comptroller of the Currency, positioning itself as an institution connecting global crypto companies with the U.S. banking system. United Texas Bank stated that it now possesses the same federal licenses and direct access to the Federal Reserve as major money center banks and has already cleared approximately $10 billion in dollar transactions monthly for global crypto companies. The bank is launching its 24/7 AI-driven payments network, UTB Atomic, in conjunction with its compliance platform, UTB Prism Sentinel, to restore 24/7 crypto liquidity and meet emerging federal regulations related to digital assets and stablecoins.

Odaily Planet Daily reports that Block's payment app, Cash App, now allows users to send and receive Circle's USDC stablecoin on Ethereum, Solana, Polygon, and Arbitrum, with no transaction fees currently incurred. Stablecoins received via Cash App are automatically converted to a USD balance. This feature is not yet available to New York State customers; users must complete identity verification and are subject to transaction limits. Block has previously focused on Bitcoin, including developing mining hardware and the self-custodied wallet BitKey. Jack Dorsey stated earlier this year that stablecoins represent "moving from one gatekeeper to another," while acknowledging growing customer demand.

According to Odaily Planet Daily, BitcoinTreasuries.NET reported on the X platform that Strive's SATA has raised enough funds to purchase 396 bitcoins today, surpassing the previous weekly record in just two trading days. The total funds raised this week can purchase 798 bitcoins and are still increasing.

In the past hour, total liquidations across the network reached $28.77 million, with $27.56 million from long positions, with $1.21 million from short positions. BTC liquidation $10.14 million, ETH liquidation $11.15 million.