Today's Summary and Tomorrow's Events: https://t.me/bingx1/2147483647
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BingX Crypto & Financial News
Oil executives are urging the Trump administration to reject any deal that would allow Iran to impose tolls in the Strait of Hormuz, Politico reports.
Trump urges Iran to cease demanding fees from tankers passing through the Strait of Hormuz.
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BingX Crypto & Financial News
Coinbase CEO to discuss US market structure bill with banking leaders at World Economic Forum
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The CEO of Coinbase called for advancing the cryptocurrency "Clarity Act," highlighting appreciation for bipartisan efforts by senators and their staff over recent months to bolster the legislation.
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BingX Crypto & Financial News
Coinbase CEO to discuss US market structure bill with banking leaders at World Economic Forum
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The CEO of Coinbase announced support for advancing the cryptocurrency "Clarity Act," citing bipartisan efforts by senators and their staff over recent months to enhance the legislation.
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BingX Crypto & Financial News
U.S. Secretary of War Pete Hegsethβs broker attempted a substantial investment in defense stocks in the weeks prior to the United States' military engagement against Iran. Democrats are calling on federal authorities to issue alerts concerning insider tradingβ¦
The White House has advised staff to refrain from participating in prediction markets amid the ongoing conflict in Iran.
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BingX Crypto & Financial News
Bitcoin ETFs experienced roughly $124.5 million in net outflows yesterday, with Morgan Stanleyβs Bitcoin ETF gathering $34 million on its debut day. Meanwhile, spot ETH ETFs saw approximately $18.6 million in net outflows. coindesk
The overall net inflow for spot Bitcoin ETFs was approximately $358.1 million yesterday, while spot Ethereum ETFs saw total net inflows of around $85.2 million.
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BingX Crypto & Financial News
Bitcoin ETFs experienced roughly $124.5 million in net outflows yesterday, with Morgan Stanleyβs Bitcoin ETF gathering $34 million on its debut day. Meanwhile, spot ETH ETFs saw approximately $18.6 million in net outflows. coindesk
Yesterday, spot Bitcoin ETFs experienced net inflows of approximately $358.1 million, while spot Ethereum ETFs saw net inflows of about $85.2 million.
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OKX and HashKey are investing in a new cryptocurrency exchange in Vietnam amid preparations for an upcoming licensing process for crypto firms.
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Digital asset management companies such as Nakamoto, SharpLink, and Strive are projected to outperform conventional cryptocurrency ETFs by engaging in active coin acquisitions and generating income through staking, according to ETF analyst TD Cowen. coindesk
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Digital asset management firms such as Nakamoto, SharpLink, and Strive are poised to overtake traditional cryptocurrency ETFs, according to TD Cowen. The firms are expanding through active coin acquisitions and generating income via staking. coindesk
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BingX Crypto & Financial News
Gibbs Mura, a U.S.-based law firm, has announced the launch of an investigation into a potential class action lawsuit concerning a security breach involving the Drift Protocol. The inquiry aims to assess whether Circle promptly acted to freeze affected funds.β¦
Shares of Drift Circle declined 10% following analyst downgrades and ongoing investigations into Drift Protocol cases. Cointelegraph
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BingX Crypto & Financial News
Gibbs Mura, a U.S.-based law firm, has announced the launch of an investigation into a potential class action lawsuit concerning a security breach involving the Drift Protocol. The inquiry aims to assess whether Circle promptly acted to freeze affected funds.β¦
Shares of DRIFT Circle declined 10% amid analyst downgrades and ongoing investigations into Drift Protocol cases. Cointelegraph
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BingX Crypto & Financial News
Grayscale's Ethereum Mini Trust has staked 57,600 ETH, valued at approximately $121.6 million.
Grayscale's Ethereum Mini Trust has staked 83,200 ETH, valued at approximately $184 million. More details are available here.
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Bitcoin researcher develops method to secure transactions against quantum threats without soft fork. cointelegraph
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Bitmine's shares began trading on the NYSE, with the company's share buyback program increased to $4 billion. cointelegraph
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Japan has officially enacted legislation designating cryptocurrency as a financial asset.
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A solo miner successfully mined a Bitcoin block, earning approximately 3.1 BTC valued at around $222,000. Operating at a hash rate of 70 TH/s, the probability of mining a block within a single day is roughly 1 in 100,000, making such an event statistically expected approximately once every 300 years. Wublockchain #mining
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Covenant AI has announced its exit from Bittensor, citing alleged mistreatment by co-founder Jacob Steves. The firm claims Steves maintains control over the ecosystem and questions Bittensorβs decentralization claims. Const has denied these allegations. Following the announcement, the value of the TAO token declined 25%. Chart link
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Binance is relocating its staff from the UAE to Hong Kong, Tokyo, Kuala Lumpur, and Bangkok due to the ongoing conflict.
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