In the past hour, total liquidations across the network reached $10.15 million, with $6.31 million from long positions, with $3.84 million from short positions. BTC liquidation $470,889.71, ETH liquidation $3.16 million.

Odaily Planet Daily reports that the Reserve Bank of Australia (RBA) has kept its key interest rate unchanged for the first time this year, given that the previous three interest rate hikes have begun to put pressure on the Australian economy. On Tuesday, all nine members of the committee unanimously voted to keep the cash rate at 4.35%, in line with expectations. RBA Governor Bullock will hold a press conference later, and investors will be watching to see if policymakers will enter a prolonged pause or continue their tightening stance. In a statement, the RBA said, "The cash rate target has been raised three times since the beginning of the year, and current financial conditions are tighter than before, with signs of an economic slowdown emerging as expected." This pause in rate hikes marks a softening of the RBA's aggressive tightening policy, which had previously made it stand out among major central banks. Although policymakers continue to warn that inflation remains too high and that high energy costs related to the war with Iran pose upside risks, recent weaker data has provided the central bank with room to hold its position and assess the situation. (Jinshi)

According to CoinWorld, Wu has learned that a Grayscale article points out that the restricted access to Anthropic's updated model highlights the risks of centralized AI control. Grayscale believes that as AI becomes an increasingly important economic resource, a few companies will control the most advanced AI systems, and the influence of governments and AI labs on model access will continue to rise. Against this backdrop, decentralized AI networks represented by Bittensor and its TAO token are likely to gain more attention. Grayscale predicts that demand for decentralized AI like Bittensor will continue to rise as investors seek alternatives.

According to Huoxun Finance, on-chain monitoring data shows that a newly created wallet withdrew 573,000 HYPE tokens from Coinbase, equivalent to $39.88 million.

According to Huoxun Finance, on-chain monitoring shows that a whale address has been continuously adding to its short position during the ETH rebound. After borrowing 9,000 ETH from Aave and transferring them to Binance, it withdrew 16.37 million USDT to complete the sale. Currently, it has accumulated a short position of 44,000 ETH at an average price of $1,702. As the price of ETH rises, it is currently experiencing a floating loss of approximately $3.08 million.