Yesterday, while there was an inflow of funds into $BTC and $ETH ETFs, there was an outflow from $SOL ETFs in the US. Solana ETFs saw a net outflow of $8 million in total. 21Shares Solana ETF: Approximately $34 million outflow
Bitcoin News A New Lawsuit Has Been Filed Against Binance and CZ a Month After the Agreement!
Another lawsuit has been filed against Binance, the world's largest cryptocurrency exchange. According to a report by the Financial Times (FT), Binance has been sued in a US federal court for allegedly aiding Hamas's financing. The FT report stated that approximately 300 Americans affected by the Hamas attack have filed a lawsuit against Binance and its founder Changpeng Zhao (CZ) in the U.S. District Court in North Dakota. The lawsuit alleges that Binance provided "significant assistance" by concealing the flow of funds related to Foreign Terrorist Organizations (FTOs) designated by the US, such as Hamas, Hezbollah, the Islamic Revolutionary Guard Corps (IRGC), and the Palestinian Islamic Jihad (PIJ), and facilitated illegal transactions. "For years, Binance knowingly, willingly, and systematically facilitated the transfer of hundreds of millions of U.S. dollars through its platform to Hamas, the Revolutionary Guards, Hezbollah, Islamic Jihad, and other terrorist organizations to support their terrorist activities. Binance also helped them transfer and conceal these funds. Furthermore, there is currently no evidence that Binance has significantly improved its anti-money laundering systems." As recalled, CZ admitted last year to violating anti-money laundering (AML) obligations and was sentenced to four months in prison. Binance also agreed to pay a $4.3 billion fine in 2023 to resolve US government allegations of money laundering and sanctions violations. US President Donald Trump pardoned CZ last month, describing the case as "a lawsuit brought due to the previous Biden administration's excessive regulatory crackdown."
Glassnode Analyzes Latest Data: "Bitcoin 'Stress' Report!" What Does It Mean?
Bitcoin (BTC) began to recover in the new week after experiencing sharp declines last week. While the price rose above $89,000, talk of a bottom began to increase on the one hand, while on the other hand, there was also talk that another wave of decline could occur. While it remains unclear what to expect from Bitcoin going forward, the on-chain data platform Glassnode shared its latest analysis. Glassnode analysts stated in their weekly report that Bitcoin has bottomed out despite negative on-chain signals. According to analysts, Bitcoin may be forming a price floor above $84,000. However, on-chain indicators remain largely negative. Pointing to a lack of momentum in the market, Glassnode analysts noted that the 14-day Relative Strength Index (RSI) has reversed from oversold levels, signaling a potential new decline. Derivatives market data also reflects a similar weakness in Bitcoin. The Cumulative Volume Delta (CVD) for futures and perpetual contracts is showing a significant decline. While some data points to market weakness and a decline, Glassnode concluded that the downtrend is currently under control, but the market is moving towards a state of serious stress. However, analysts noted that positive developments such as reduced capital outflows, stabilizing momentum, and decreased speculative leverage trading could mean Bitcoin is forming its first bottom between $84,000 and $90,000.
White House Press Secretary Leavitt: There are several sensitive but not insurmountable details that need to be resolved, requiring further discussions between Ukraine, Russia, and the United States.
There are some very interesting developments in the US. The Genesis Mission has been launched to revolutionize scientific discovery with artificial intelligence! They have come together to make artificial intelligence not just a "chatbot," but a superintelligence that solves humanity's greatest scientific problems. Officially launched with Trump's signature, this historic project brings together 17 national laboratories under the leadership of the U.S. Department of Energy. The goal: to reduce years of research in areas such as fusion energy, new drug discovery, materials science, and climate modeling to months. AMD has become one of the most critical technical partners in this project! ✅ Instinct MI300X AI GPUs ✅ 192 GB HBM3 memory ✅ Supercomputers powered by EPYC processors