Odaily Planet Daily reports that multiple explosions have been heard near Qeshm Island and Bandar Abbas in southern Iran. Sources say some of the sounds may be related to warnings issued by the Iranian Islamic Revolutionary Guard Corps Navy in the Strait of Hormuz to unauthorized vessels. There has been no official response from Iran. (CCTV)

Odaily Planet Daily reports: US President Trump stated that the EU must reduce tariffs to zero before the 250th anniversary of the founding of the US. He has agreed to give European Commission President Ursula von der Leyen time; otherwise, unfortunately, their tariffs will be significantly increased immediately. (Jinshi)

According to Huoxun Finance, Gate.com data shows that U.S. stocks continued their decline, with the S&P 500 down 0.51%, the Nasdaq down 0.29%, and the Dow Jones down 0.78%.

According to Huoxun Finance, European Central Bank (ECB) Executive Board member Schnabel stated that if the Iran war has a more lasting impact on inflation, the ECB will have to raise interest rates. She pointed out that businesses have plans to raise prices, supply chains are facing disruptions, and households are adjusting their expectations. Schnabel emphasized that if the energy price shock expands, monetary policy will need to be tightened to mitigate risks to price stability in the medium term. She also mentioned that protecting the central bank's independence is crucial, as it allows the central bank to smoothly take tightening measures when necessary.

According to Huoxun Finance, ZachXBT, a self-proclaimed "anti-fraud fighter" and on-chain detective, is increasingly being targeted by on-chain behavioral analysis, suggesting another identity: he is not a lone champion of justice, but rather a "spokesperson" for a premeditated short-selling team. His repeated "pre-announcement leaks" have triggered token price crashes, implying a coordinated effort to preemptively place short orders and coordinate attacks. Meanwhile, ZachXBT himself is embroiled in serious controversy. In 2025, he received 50% of the supply of Meme coin ZACHXBT, driving its market capitalization to $88 million before withdrawing nearly $4 million in liquidity, orchestrating a "rug pull" in the name of investigation. Furthermore, he has a long history of accepting airdrops from project teams and rights-defending tokens, invariably dumping them to cash out; he has earned over ten million dollars annually anonymously, yet consistently refuses to disclose his wallet or the chain of interests. An anonymous account, suspected of market manipulation, is now turning around and "judging" the industry—is it a righteous voice, or a smokescreen for the next short-selling attack?