Fed Mouthpiece: Warsh Faces First Major Decision on Reversing Last Year’s Fed Rate Cuts

BlockBeats News: Unitree Technology recently disclosed its IPO strategic placement investor list, which includes DeepSeek’s parent company DeepSeek, drawing widespread public attention. This afternoon, Wang Xingxing, Chairman, General Manager and Chief Technology Officer of Unitree Technology, responded at a meeting for the first time, stating that DeepSeek will provide Unitree with commercially competitive cooperation plans, including but not limited to technical support in model architecture solutions, intelligent computing cluster construction, and data center operations (if applicable), based on demand and business development. Unitree announced that DeepSeek is a large enterprise with strategic cooperation ties or long-term cooperation prospects in business operations, capable of carrying out strategic cooperation with the company. It holds important resources in the same industry or upstream and downstream of the industrial chain, which will enhance Unitree’s market competitiveness. (China Fund News)

Hardware wallet Coldcard manufacturer Coinkite said it is currently focusing on assisting customers affected by the security incident, and will release a post-mortem review of the multi-day attack after a full investigation wraps up, declining to speculate on the scale of customer losses at this stage. Coinkite noted that due to its products' privacy-focused design, the company cannot independently verify external estimates of stolen funds; recent external research has lifted the estimated total losses to roughly $130 million.

Per official announcement, Bitget has launched pre-IPO perpetual contracts for MOONSHOT/USDT, supporting up to 10x leverage and 24/7 trading. It is reported that Moonshot, a Chinese AI research and application enterprise renowned for its Kimi product line, has received investments from institutions including Alibaba and Tencent, and is also one of the highly watched potential IPO targets in China’s large language model sector.

Japan’s Financial Services Agency (FSA) has announced personnel appointments as part of its organizational restructuring, establishing a new “Crypto Assets and Stablecoins Department” dedicated to regulating crypto assets (virtual currencies) and stablecoins. Toshiaki Adomi will serve as the department’s first section chief. Adomi graduated from the Faculty of Law at Osaka University in 2002 and joined the FSA afterward. He later earned a Master of Business Administration (MBA) from the University of Birmingham and a Master of Laws (LLM) from the London School of Economics and Political Science (LSE). He has held roles including bank regulation and policy coordination, was appointed Councillor of the Comprehensive Policy Bureau in July 2025, and served as General Councillor for Postal Savings and Insurance Supervision until August 1, 2026.

Renowned trader and chart analyst Peter Brandt shared a daily gold futures chart, which shows gold prices are in a long-term downtrend channel, overlaid with a tombstone pattern, captioned "Maybe" — hinting at potential further downside risks or a possible end to the bull market. It should be noted that Brandt had expressed bullish views on gold in the short term two days ago, setting a target range for the rally at $4,517–$4,830. With five decades of trading experience, Brandt is known as a market wizard for his classic technical analysis, and he also accurately predicted the 2018 Bitcoin crash.

Goldman Sachs stated that recent interventions by the United States and Japan to support the Japanese yen have not weakened the U.S. dollar’s status as the world’s primary reserve currency, but instead reinforced it. Analysts noted that Washington’s intervention in the euro-yen (EUR/JPY) pair and Japan’s potential use of the Federal Reserve’s FIMA dollar facility underscore the depth and liquidity of U.S. financial markets. Goldman Sachs holds that no competing reserve asset currently matches the U.S. dollar in terms of global infrastructure, liquidity, and utility during periods of financial stress.