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[Trump: At the request of Gulf nations, canceling the planned strike on Iran scheduled for Tuesday]
Beijing News reports that Trump announced he has decided to postpone the planned military strike on Iran scheduled for Tuesday, in response to a joint appeal from Qatar, Saudi Arabia, and the UAE, to allow time for diplomatic negotiations. He also warned that if an acceptable agreement cannot be reached, he has ordered U.S. forces to be ready for an “immediate, comprehensive, and large-scale attack.”
On Monday, Trump posted on social media: “The Emir of Qatar, Tamim bin Hamad Al Thani, Crown Prince Mohammed bin Salman of Saudi Arabia, and the leaders of the UAE have asked us to delay the planned military strike against the Islamic Republic of Iran tomorrow, as serious negotiations are currently underway.”
Trump said that the leaders of Saudi Arabia, Qatar, and the UAE made this request, believing that an agreement could be reached—one that would be highly acceptable to the United States, countries in the Middle East, and beyond. Key elements of the agreement would include: Iran must not possess nuclear weapons! Trump said, “The opportunity to reach an agreement with Iran seems very strong. The Middle East has asked whether attacks on Iran could be delayed by two to three days, as these countries believe an agreement is close. Iran must confirm in writing its commitment not to possess nuclear weapons. I believe we have made significant progress on the issue of Iran.”
Just one day ago, he warned that "time is running out," and if Iran does not advance peace negotiations, "they will have nothing." There is currently no confirmation from Tehran that negotiations have resumed.
Kevin Wash will be sworn in at the White House on Friday, with the ceremony hosted by Trump.
Beats News: Kevin Wash will be sworn in at the White House on Friday, with the ceremony hosted by Trump.
Strategy holds a paper profit of $1.35 billion in BTC, while BitMNR holds a paper loss of $7.279 billion in ETH.
Beats News: Last week, Bitcoin treasury company Strategy purchased 24,869 BTC at approximately $80,985 each, totaling $2.014 billion. It now holds a total of 843,738 BTC, valued at $65.221 billion, with an average cost basis of $75,700, resulting in an unrealized profit of $1.35 billion and a 2.1% increase.
Last week, Ethereum treasury company BitMNR purchased 71,672 ETH at approximately $2,251 each, totaling $161 million. It currently holds a total of 5,278,462 ETH, valued at $11.312 billion, with an average cost basis of $3,522 per ETH, resulting in an unrealized loss of $7.279 billion, or a 39.1% decline.
DeFi TVL has dropped more than 50% from its peak of $170 billion in October last year.
Beijing News reports that Cointelegraph posted on X that, according to DefiLlama data, the total value locked (TVL) in DeFi has dropped more than 50% from its peak of $170 billion last October.
Bitcoin Depot, the largest Bitcoin ATM operator in the United States, has filed for bankruptcy protection.
Beepush reports that Bitcoin Depot, a major U.S. Bitcoin ATM operator, has filed for Chapter 11 bankruptcy protection in a southern Texas bankruptcy court. The company stated that, due to increased regulatory pressure and financial strain, it has decided to scale back operations and sell assets.
The company has now shut down its entire network of Bitcoin ATMs. Prior to this, it operated over 9,000 ATM locations worldwide as of August 2025. Following the bankruptcy announcement, Bitcoin Depot's stock dropped more than 70% in pre-market trading.
Bitmine purchased 71,672 ETH over the past week.
BeInCrypto reports that over the past week, Bitmine purchased 71,672 ETH. Bitmine currently holds 5,278,462 ETH, valued at $11.56 billion, accounting for 4.37% of the total ETH supply. Its holdings also include 202 BTC, $200 million in Beast Industries shares, $83 million in Eightco Holdings shares, and $685 million in cash.
In addition, Bitmine has staked 4,712,917 ETH, worth $1.03 billion, with an annualized staking income of $289 million.
This article is sponsored by GENG, Build Your Fortune on GENG (https://geng.one)
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