Analyst: Cyclical Indicator Shows Bitcoin is in the Late Bull Market Stage

U.S. President Trump said Friday he would "never apologize for military action against Iran," calling the operation a "correct decision." He stated that even if the conflict leads to higher oil prices for American consumers, it is worth continuing to advance the goal of preventing Iran from obtaining nuclear weapons. Trump said: "When you have to pay more, remember that." He also noted that after "defeating Iran," he plans to declare the Strait of Hormuz as "U.S. territory." Analysts point out that incorporating the Strait of Hormuz into U.S. territory could mean the U.S. needs to maintain a long-term military deployment there. Earlier, Trump had said he hoped the conflict would end quickly. Currently, shipping through the Strait of Hormuz remains affected by the conflict, global oil inventories continue to decline, and regional shipping security is under pressure. Iran has stated that it will not fully reopen the strait until the U.S. meets relevant conditions. Additionally, a new personnel safety incident has been reported involving the U.S. Navy's USS Abraham Lincoln carrier strike group. According to U.S. officials, a second sailor fell overboard from the carrier group last spring. Meanwhile, the U.S. is deploying the USS George Washington carrier strike group to the Middle East to replace the Lincoln for its mission. The White House emphasized that the Trump administration is focused on both lowering energy prices and preventing Iran from acquiring nuclear weapons. Vice President Vance previously said the U.S.'s top priority is ensuring "cheap" oil and natural gas, followed by preventing Iran from becoming a nuclear-armed state.

According to monitoring by Onchain Lens, Ethena transferred $81.97 million worth of USDC from its Coinbase Prime custodial wallet to FalconX. Per on-chain transaction records, the fund transfer is likely related to an over-the-counter (OTC) sale. It remains unclear whether Ethena has completed the sale.

According to monitoring by Onchain Lens, a newly created wallet address has recently withdrawn a total of 33,810 HYPE tokens from Coinbase, valued at approximately $1.88 million.

Fund Monetalis appears to have sold $UNI and bought $HYPE. Wallets linked to #Monetalis sold 3.72M $UNI($13M) through Cumberland, then bought 171,543 $HYPE($9.56M).

According to monitoring by Ai Yi, a crypto whale that built a position worth approximately $30.05 million in ETH this June is suspected of reducing its holdings. The address transferred 7,981 ETH (valued at around $14.99 million) to FalconX three hours ago. Since July, the address has sent a total of 10,735.8 ETH (worth roughly $20.04 million) to FalconX. Calculated at an average cost of about $1,637, selling all the ETH transferred this time would generate an estimated profit of $2.47 million, with the current deposit price standing at approximately $1,867. The wallet currently holds around 7,625 ETH, valued at roughly $14.2 million, with an unrealized floating profit of about $1.86 million.

Two people familiar with Anthropic’s financial affairs revealed that the AI firm projects its revenue will reach $190 billion to $200 billion by 2028. This forecast is far higher than the $47 billion in "annualized revenue" the company announced in May this year. Four sources said bankers and investors are using enterprise value-to-revenue multiples to value Anthropic based on the projection. Revenue multiples are common for high-growth software companies that have not yet built mature profit models. However, extending the forecast horizon to two years out is unusual, reflecting the rapid expansion of Anthropic’s business and the challenge of setting valuation benchmarks for a company that is still making heavy investments in AI infrastructure. (Jinshi)